WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q1 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-03-31, filed 2021-04-13

Bronte Capital Management Pty Ltd. disclosed 14 US equity positions worth $571.2m in its Q1 2021 13F filing. Its largest position is BRK/B at 19.1% of the reported book, followed by GOOGL and HLF. Versus Q4 2020 it opened 1 new position, added to 7, reduced 6 and exited 0.

$571m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
14
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.1%
Largest position
The largest single position as a share of the reported equity book.
94.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
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 Q4 2020: 1 new, 7 added, 6 reduced, 0 exited

14 rows
BRK/B BERKSHIRE HATHAWAY INC DEL–19.1%$109m427,704−13%reduced
GOOGL ALPHABET INCCommunication Services17.5%$100m48,493+285%added
HLF HERBALIFE LTDConsumer Defensive16.5%$94.1m2.12m+2.9%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services10.9%$62.4m853,951−34%reduced
V VISA INCFinancial Services7.8%$44.3m209,360−33%reduced
CTVA CORTEVA INCBasic Materials6.7%$38.4m824,656−1.3%reduced
REGN REGENERON PHARMACEUTICALSHealthcare4.9%$28.1m59,387+212%added
BNY BANK OF NY MELLON CORPFinancial Services4.1%$23.6m498,663+3.8%added
STT STATE STR CORPFinancial Services4.0%$22.6m268,980+2.1%added
MO ALTRIA GROUP INCConsumer Defensive2.6%$14.7m287,909–new
GOOG ALPHABET INCCommunication Services2.5%$14.5m6,992−52%reduced
NEM NEWMONT CORPBasic Materials1.4%$7.9m131,430−60%reduced
GHC GRAHAM HLDGS COIndustrials1.4%$7.8m13,941+2.6%added
MACKEUR MERRIMACK PHARMACEUTICALS IN–0.6%$3.5m550,679+3.6%added

Sector mix

  • Financial Services26.8%
  • Communication Services20.0%
  • Unclassified19.7%
  • Consumer Defensive19.0%
  • Basic Materials8.1%
  • Healthcare4.9%
  • Industrials1.4%

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