WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-09

Bronte Capital Management Pty Ltd. disclosed 23 US equity positions worth $693.7m in its Q3 2021 13F filing. Its largest position is GOOGL at 19.0% of the reported book, followed by BRK/B and HLF. Versus Q2 2021 it opened 6 new positions, added to 6, reduced 2 and exited 0.

$694m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
23
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
19.0%
Largest position
The largest single position as a share of the reported equity book.
88.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
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 2021: 6 new, 6 added, 2 reduced, 0 exited

23 rows
GOOGL ALPHABET INCCommunication Services19.0%$131m49,1760.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–16.4%$114m416,558−1.8%reduced
HLF HERBALIFE LTDConsumer Defensive14.3%$99.4m2.35m+4.1%added
REGN REGENERON PHARMACEUTICALSHealthcare10.8%$75.2m124,224+5.8%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services7.8%$54.2m868,725+1.9%added
V VISA INCFinancial Services5.7%$39.5m177,4400.0%held
CTVA CORTEVA INCBasic Materials5.2%$36.2m859,996+4.5%added
BNY BANK OF NY MELLON CORPFinancial Services3.7%$25.8m497,8910.0%held
STT STATE STR CORPFinancial Services3.3%$22.8m268,5740.0%held
GOOG ALPHABET INCCommunication Services2.7%$18.6m6,9720.0%held
GHC GRAHAM HLDGS COIndustrials2.2%$15.0m25,399+8.1%added
MO ALTRIA GROUP INCConsumer Defensive1.9%$13.1m287,5610.0%held
GIS GENERAL MILLS INCConsumer Defensive1.5%$10.1m168,870–new
PM PHILIP MORRIS INTL INCConsumer Defensive1.5%$10.1m106,293–new
SHC SOTERA HEALTH COHealthcare0.7%$4.7m179,279–new
MDLZ MONDELEZ INTL INCConsumer Defensive0.7%$4.6m79,715+14%added
NEM NEWMONT CORPBasic Materials0.6%$4.0m72,921+0.1%held
BBWI BATH & BODY WORKS INCConsumer Cyclical0.5%$3.8m59,794–new
VIR VIR BIOTECHNOLOGY INCHealthcare0.5%$3.3m74,920–new
MACKEUR MERRIMACK PHARMACEUTICALS IN–0.4%$2.7m548,8360.0%held
NPO ENPRO INCIndustrials0.4%$2.6m30,000–new
BNTX BIONTECH SEHealthcare0.3%$1.9m6,795−38%reduced
DECIBEL THERAPEUTICS INC no ticker–0.2%$1.2m159,4620.0%held

Sector mix

  • Communication Services21.6%
  • Financial Services20.5%
  • Consumer Defensive19.8%
  • Unclassified16.9%
  • Healthcare12.3%
  • Basic Materials5.8%
  • Industrials2.5%
  • Consumer Cyclical0.5%

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