Guy Spiers is the managing partner and principal of an investment fund situated in Zurich. He follows Warren Buffett’s value investing and capital allocation method. Spiers attended Harvard Business School, Oxford University, and universities in Paris and London. The Education of a Value Investor is his new book, which is available today. Guy Spiers started Aquamarine Capital in 1997. Berkshire Hathaway Inc. is the largest holding in the fund. Berkshire Hathaways owns 140,600 shares worth $35.92 million and 30 class A shares.
Insider Monkey reviews Aquamarine Capital’s top 10 stock picks. Since the fourth quarter of 2014, Wells Fargo & Company has been a component of Aquamarine Capital’s 13F portfolio. Eagle Capital Management, led by Boykin Curry, is the company’s largest shareholder, with 43 million shares worth $1.7 billion. For the past five years, Aquamarine Capital has been a shareholder in Moody’s Corporation. As of the end of March, Warren Buffett’s Berkshire Hathaway had 24.7 million shares worth $7.4 billion. Year-to-date, the company has returned 28 percent, bringing its 12-month gains to 31 percent. Since 2016, Aquamarine Capital has been one of Aquamarine’s top ten stock choices. At the end of the first quarter of 2021, the management company owned 500,000 shares of Seritage Growth Properties. Mohnish Pabrai is one of the company’s largest owners, with a holding of $86.9 million and 4.7 million shares. Guy Spiers of Aquamarine Capital owns a $11.6 million position in BRK-A, which has only 30 shares. Berkshire Hathaway Inc. is proving to be a great option for Spiers, with a year-to-date return of 23 percent. In the first quarter of 2016, Aquamarine Capital purchased shares of Ferrari N.V. and now owns 80,000 shares of the business. At the end of March, a total of 26 hedge funds tracked by Insider Monkey were positive on Ferrari. For more details, click Aquamarine Capital’s Top 10 Stock Picks.
