WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q3 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-09-30, filed 2019-11-08

Bronte Capital Management Pty Ltd. disclosed 10 US equity positions worth $336.4m in its Q3 2019 13F filing. Its largest position is BRK/B at 21.6% of the reported book, followed by HLF and V. Versus Q2 2019 it opened 1 new position, added to 8, reduced 1 and exited 0.

$336m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
10
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
21.6%
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 Q2 2019: 1 new, 8 added, 1 reduced, 0 exited

10 rows
BRK/B BERKSHIRE HATHAWAY INC DEL–21.6%$72.5m348,683+25%added
HLF HERBALIFE LTDConsumer Defensive16.6%$55.9m1.48m+38%added
V VISA INCFinancial Services16.3%$54.7m317,972+18%added
GOOGL ALPHABET INCCommunication Services13.4%$44.9m36,809+23%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services11.5%$38.5m716,305+37%added
CTVA CORTEVA INCBasic Materials6.7%$22.4m800,603–new
GE GENERAL ELECTRIC COIndustrials6.3%$21.0m2.35m+29%added
GOOG ALPHABET INCCommunication Services5.6%$18.9m15,496+20%added
WRLD WORLD ACCEP CORPORATIONFinancial Services2.1%$7.0m55,108−48%reduced
II-VI INC no ticker–0.1%$417k11,833+25%added

Sector mix

  • Financial Services29.8%
  • Unclassified21.7%
  • Communication Services19.0%
  • Consumer Defensive16.6%
  • Basic Materials6.7%
  • Industrials6.3%

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