WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q2 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-06-30, filed 2019-08-13

Bronte Capital Management Pty Ltd. disclosed 9 US equity positions worth $263.0m in its Q2 2019 13F filing. Its largest position is BRK/B at 22.6% of the reported book, followed by V and HLF. Versus Q1 2019 it opened 1 new position, added to 2, reduced 2 and exited 3.

$263m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
9
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
22.6%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
31
Quarters on file since Q4 2018
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2019: 1 new, 2 added, 2 reduced, 3 exited

9 rows
BRK/B BERKSHIRE HATHAWAY INC DEL–22.6%$59.4m278,4400.0%held
V VISA INCFinancial Services17.7%$46.6m268,657−4.2%reduced
HLF HERBALIFE LTDConsumer Defensive17.4%$45.8m1.07m+14%added
GOOGL ALPHABET INCCommunication Services12.3%$32.3m29,8060.0%held
IBKR INTERACTIVE BROKERS GROUP INFinancial Services10.7%$28.3m521,264+16%added
GE GENERAL ELECTRIC COIndustrials7.3%$19.1m1.82m0.0%held
WRLD WORLD ACCEP CORPORATIONFinancial Services6.6%$17.3m105,405−23%reduced
GOOG ALPHABET INCCommunication Services5.3%$13.9m12,8860.0%held
II-VI INC no ticker–0.1%$347k9,493–new

Exited since Q1 2019

3 rows
SQM SOCIEDAD QUIMICA Y MINERA DE2.2%$5.9m
KMT KENNAMETAL INC0.8%$2.1m
SSD SIMPSON MANUFACTURING CO INC0.4%$1.1m

Sector mix

  • Financial Services35.0%
  • Unclassified22.7%
  • Communication Services17.6%
  • Consumer Defensive17.4%
  • Industrials7.3%

Book over time

Every quarter on file (31)
QuarterPositionsEquity book
Q2 202656$888m
Q1 202651$941m
Q4 202543$957m
Q3 202529$1.1bn
Q2 202527$1.3bn
Q1 202526$1.2bn
Q4 202424$1.3bn
Q3 202425$1.2bn
Q2 202428$1.3bn
Q1 202429$1.2bn
Q4 202329$1.1bn
Q3 202328$993m
Q2 202332$1.0bn
Q1 202330$862m
Q4 202227$793m
Q3 202228$803m
Q2 202230$829m
Q1 202228$709m
Q4 202124$770m
Q3 202123$694m
Q2 202117$666m
Q1 202114$571m
Q4 202013$517m
Q3 202012$517m
Q2 202010$446m
Q1 202011$377m
Q4 20197$344m
Q3 201910$336m
Q2 20199$263m
Q1 201911$266m
Q4 20189$239m

Where Bronte Capital Management Pty Ltd. was early

3 rows
CTVA CORTEVA INCQ3 20194 of 1656.7%7.3%28Held at last filing, Q2 2026+202%
NEM NEWMONT CORPQ1 202012 of 1703.1%4.6%15Held at last filing, Q2 2026+106%
SHC SOTERA HEALTH COQ3 20217 of 1320.7%2.4%6Exited by Q1 2023−68%

Concentration and tenure

14.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
79.8%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
3
Median completed holding, quarters