WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q3 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-09-30, filed 2020-12-16

Bronte Capital Management Pty Ltd. disclosed 12 US equity positions worth $517.4m in its Q3 2020 13F filing. Its largest position is BRK/B at 19.3% of the reported book, followed by HLF and GOOGL. Versus Q2 2020 it opened 4 new positions, added to 4, reduced 3 and exited 2.

$517m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
12
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.3%
Largest position
The largest single position as a share of the reported equity book.
98.9%
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 2020: 4 new, 4 added, 3 reduced, 2 exited

12 rows
BRK/B BERKSHIRE HATHAWAY INC DEL–19.3%$100.0m495,183+22%added
HLF HERBALIFE LTDConsumer Defensive18.0%$93.0m2.06m−1.1%reduced
GOOGL ALPHABET INCCommunication Services14.7%$76.3m47,198+9.3%added
V VISA INCFinancial Services14.0%$72.3m397,957−2.1%reduced
IBKR INTERACTIVE BROKERS GROUP INFinancial Services12.0%$62.1m1.31m+5.2%added
CTVA CORTEVA INCBasic Materials5.3%$27.6m835,714−0.1%held
NEM NEWMONT CORPBasic Materials4.6%$23.9m380,903+16%added
GOOG ALPHABET INCCommunication Services4.5%$23.5m14,490−11%reduced
BNY BANK OF NY MELLON CORPFinancial Services3.3%$16.8m490,085–new
STT STATE STR CORPFinancial Services3.1%$16.0m271,026–new
GHC GRAHAM HLDGS COIndustrials0.7%$3.9m10,171–new
MACKEUR MERRIMACK PHARMACEUTICALS IN–0.4%$2.1m531,510–new

Exited since Q2 2020

2 rows
GDX VANECK ETF TRUST3.5%$15.4m
GDXJ VANECK ETF TRUST1.6%$7.3m

Sector mix

  • Financial Services32.3%
  • Unclassified19.7%
  • Communication Services19.3%
  • Consumer Defensive18.0%
  • Basic Materials10.0%
  • Industrials0.7%

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