SEMPER AUGUSTUS INVESTMENTS GROUP LLC — KINROSS GOLD CORP KGC: Quarterly 13F Position History
SEMPER AUGUSTUS INVESTMENTS GROUP LLC has reported KINROSS GOLD CORP (KGC) on 41 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2016. As of Q1 2026, the position is sized at 1,508,941 shares ($46.1M market value, 5.50% of the equity book). Quarter-over-quarter share count change: 603,992 (-28.6%) .
- 1,508,941Shares Held (Latest Filing)
- $46.1MReported Market Value (Latest Filing)
- 5.50%Portfolio Weight (% of 13F Equity Book)
- 603,992Quarter-over-Quarter Share Change
- -$13.4MQuarter-over-Quarter Value Change
- 4,651,364Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,508,941 | 603,992 | -28.6% | $46.1M | 5.50% | $30.52 |
| Q4 2025 | 2,112,933 | 476,822 | -18.4% | $59.5M | 6.84% | $28.16 |
| Q3 2025 | 2,589,755 | 496,969 | -16.1% | $64.4M | 8.03% | $24.85 |
| Q2 2025 | 3,086,724 | 1,419,922 | -31.5% | $48.2M | 6.79% | $15.63 |
| Q1 2025 | 4,506,646 | 101,545 | -2.2% | $56.8M | 9.16% | $12.61 |
| Q4 2024 | 4,608,191 | 10,443 | -0.2% | $42.7M | 7.63% | $9.27 |
| Q3 2024 | 4,618,634 | 32,730 | -0.7% | $43.2M | 7.31% | $9.36 |
| Q2 2024 | 4,651,364 | +179,297 | +4.0% | $38.7M | 6.92% | $8.32 |
| Q1 2024 | 4,472,067 | +69,940 | +1.6% | $27.4M | 5.01% | $6.13 |
| Q4 2023 | 4,402,127 | +209,950 | +5.0% | $26.6M | 5.57% | $6.05 |
| Q3 2023 | 4,192,177 | +15,178 | +0.4% | $19.1M | 4.58% | $4.56 |
| Q2 2023 | 4,176,999 | +166,397 | +4.1% | $19.9M | 4.71% | $4.77 |
| Q1 2023 | 4,010,602 | +474,041 | +13.4% | $18.9M | 4.84% | $4.71 |
| Q4 2022 | 3,536,561 | 204,460 | -5.5% | $14.5M | 3.94% | $4.09 |
| Q3 2022 | 3,741,021 | +125,465 | +3.5% | $14.1M | 4.25% | $3.76 |
| Q2 2022 | 3,615,556 | +1,126,792 | +45.3% | $12.9M | 3.84% | $3.58 |
| Q1 2022 | 2,488,764 | +116,377 | +4.9% | $14.6M | 3.72% | $5.88 |
| Q4 2021 | 2,372,387 | +281,276 | +13.5% | $13.8M | 4.30% | $5.81 |
| Q3 2021 | 2,091,111 | +319,117 | +18.0% | $11.2M | 3.62% | $5.36 |
| Q2 2021 | 1,771,994 | +219,984 | +14.2% | $11.3M | 3.74% | $6.35 |
| Q1 2021 | 1,552,010 | +294,759 | +23.4% | $10.4M | 3.91% | $6.67 |
| Q4 2020 | 1,257,251 | +40,616 | +3.3% | $9.2M | 4.04% | $7.34 |
| Q3 2020 | 1,216,635 | +28,682 | +2.4% | $10.7M | 5.51% | $8.82 |
| Q2 2020 | 1,187,953 | 12,972 | -1.1% | $8.6M | 4.85% | $7.22 |
| Q1 2020 | 1,200,925 | +110,915 | +10.2% | $4.8M | 3.01% | $3.98 |
| Q4 2019 | 1,090,010 | 0 | — | $5.2M | 2.78% | $4.74 |
| Q3 2019 | 1,090,010 | +2,696 | +0.2% | $5.0M | 2.87% | $4.60 |
| Q2 2019 | 1,087,314 | +3,562 | +0.3% | $4.2M | 2.50% | $3.88 |
| Q1 2019 | 1,083,752 | 0 | — | $3.7M | 2.29% | $3.44 |
| Q4 2018 | 1,083,752 | 23,206 | -2.1% | $3.5M | 2.26% | $3.24 |
| Q3 2018 | 1,106,958 | 0 | — | $3.0M | 1.72% | $2.70 |
| Q2 2018 | 1,106,958 | 5,127 | -0.5% | $4.2M | 2.60% | $3.76 |
| Q1 2018 | 1,112,085 | +730,395 | +191.4% | $4.4M | 3.06% | $3.95 |
| Q4 2017 | 381,690 | 300 | -0.1% | $1.6M | 1.23% | $4.32 |
| Q3 2017 | 381,990 | 0 | — | $1.6M | 1.20% | $4.24 |
| Q2 2017 | 381,990 | 700 | -0.2% | $1.6M | 1.19% | $4.07 |
| Q1 2017 | 382,690 | 3,700 | -1.0% | $1.3M | 1.00% | $3.51 |
| Q4 2016 | 386,390 | 143,550 | -27.1% | $1.2M | 0.89% | $3.11 |
| Q3 2016 | 529,940 | 250 | -0.0% | $2.2M | 1.62% | $4.21 |
| Q2 2016 | 530,190 | 0 | — | $2.6M | 1.88% | $4.89 |
| Q1 2016 | 530,190 | — | — | $1.8M | 1.29% | $3.40 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did SEMPER AUGUSTUS INVESTMENTS GROUP LLC first disclose a KGC position in 13F-HR filings?
SEMPER AUGUSTUS INVESTMENTS GROUP LLC first reported KINROSS GOLD CORP (KGC) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was SEMPER AUGUSTUS INVESTMENTS GROUP LLC's most recent quarter-over-quarter share-count change in KGC?
Between Q4 2025 and Q1 2026, SEMPER AUGUSTUS INVESTMENTS GROUP LLC reduced its KGC position by 603,992 shares (-28.6%), leaving 1,508,941 shares at a market value of $46.1M.
Does the implied price-per-share represent SEMPER AUGUSTUS INVESTMENTS GROUP LLC's cost basis in KGC?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.