Aquamarine Zurich AG
Aquamarine Zurich AG, founded in 2015, is a Swiss asset manager headquartered in Zurich. The firm is licensed as a manager of collective investment schemes and is supervised by the Swiss Financial Market Supervisory Authority (FINMA). Aquamarine Zurich AG manages investment funds primarily inspired by value investing principles. The organization is associated with Guy Spier, who is founder and managing partner, and caters to both high-net-worth individuals and institutional clients.
Investment Strategy
Aquamarine Zurich AG employs a value investing strategy inspired by the original 1950s Buffett partnerships. The firm focuses on a concentrated portfolio of high-quality businesses trading at attractive valuations, often holding positions over the long term. The investment approach emphasizes careful analysis, capital preservation, and a margin of safety while investing primarily in established companies, as evidenced by their significant holdings in well-known firms such as Berkshire Hathaway, American Express, and Bank of America.
Top Holdings
Equity Positions (14)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 22.27% | $70.7M | 140,600 | $267.02 | $502.74 | +$2.4M |
A AXP | AMERICAN EXPRESS CO | 21.98% | $69.8M | 210,000 | $134.91 | $332.16 | +$2.8M |
B BAC | BANK AMERICA CORP | 12.48% | $39.6M | 767,845 | $30.20 | $51.59 | +$3.3M |
M MA | MASTERCARD INCORPORATED | 11.78% | $37.4M | 65,750 | $284.34 | $568.81 | +$451.0K |
R RACE | FERRARI N V | 9.13% | $29.0M | 60,000 | $185.00 | $485.22 | +$4.0M |