WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q4 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-12-31, filed 2022-02-10

Bronte Capital Management Pty Ltd. disclosed 24 US equity positions worth $770.5m in its Q4 2021 13F filing. Its largest position is GOOGL at 18.4% of the reported book, followed by BRK/B and HLF. Versus Q3 2021 it opened 2 new positions, added to 8, reduced 12 and exited 1.

$770m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
24
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.4%
Largest position
The largest single position as a share of the reported equity book.
88.7%
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 Q3 2021: 2 new, 8 added, 12 reduced, 1 exited

24 rows
GOOGL ALPHABET INCCommunication Services18.4%$142m48,892−0.6%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–16.1%$124m415,836−0.2%held
HLF HERBALIFE LTDConsumer Defensive14.6%$113m2.76m+17%added
REGN REGENERON PHARMACEUTICALSHealthcare10.7%$82.4m130,460+5.0%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services8.8%$68.0m856,785−1.4%reduced
CTVA CORTEVA INCBasic Materials5.4%$41.7m882,257+2.6%added
V VISA INCFinancial Services5.4%$41.5m191,345+7.8%added
BNY BANK OF NY MELLON CORPFinancial Services3.6%$27.9m481,240−3.3%reduced
STT STATE STR CORPFinancial Services3.2%$24.6m264,779−1.4%reduced
GHC GRAHAM HLDGS COIndustrials2.4%$18.6m29,595+17%added
GOOG ALPHABET INCCommunication Services2.2%$16.8m5,798−17%reduced
MO ALTRIA GROUP INCConsumer Defensive1.6%$12.7m268,018−6.8%reduced
GIS GENERAL MILLS INCConsumer Defensive1.5%$11.3m168,374−0.3%held
PM PHILIP MORRIS INTL INCConsumer Defensive1.4%$11.1m117,045+10%added
SHC SOTERA HEALTH COHealthcare1.2%$9.3m396,667+121%added
MDLZ MONDELEZ INTL INCConsumer Defensive0.8%$5.9m88,471+11%added
BBWI BATH & BODY WORKS INCConsumer Cyclical0.5%$4.1m58,984−1.4%reduced
SQM SOCIEDAD QUIMICA Y MINERA DEBasic Materials0.5%$3.8m75,627–new
NPO ENPRO INCIndustrials0.4%$3.3m29,599−1.3%reduced
NEM NEWMONT CORPBasic Materials0.4%$3.0m48,779−33%reduced
MACKEUR MERRIMACK PHARMACEUTICALS IN–0.3%$2.1m537,584−2.1%reduced
BNTX BIONTECH SEHealthcare0.2%$1.7m6,702−1.4%reduced
BYND BEYOND MEAT INCConsumer Defensive0.1%$969k14,873–new
DECIBEL THERAPEUTICS INC no ticker–0.09%$731k157,216−1.4%reduced

Exited since Q3 2021

1 row
VIR VIR BIOTECHNOLOGY INC0.5%$3.3m

Sector mix

  • Financial Services21.0%
  • Communication Services20.6%
  • Consumer Defensive20.1%
  • Unclassified16.5%
  • Healthcare12.1%
  • Basic Materials6.3%
  • Industrials2.8%
  • 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