Aquamarine Zurich AG Holdings - 4Q25

As of December 31, 2025, Aquamarine Zurich AG reported 7 positions comprising 7 stocks worth $147.5M. The top 5 holdings represented 89.7% of the portfolio. During the quarter, the fund entered 0 new positions and exited 7. Explore portfolio value and concentration trends, quarterly position counts, and a detailed breakdown of each holding below.