Funds › Bronte Capital Management Pty Ltd. › Q1 2022Bronte Capital Management Pty Ltd. 13F holdings, Q1 2022 Bronte Capital Management Pty Ltd. disclosed 28 US equity positions worth $708.6m in its Q1 2022 13F filing. Its largest position is GOOGL at 21.1% of the reported book, followed by REGN and HLF. Versus Q4 2021 it opened 5 new positions, added to 18, reduced 5 and exited 1.
$709m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
28 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
21.1% Largest position The largest single position as a share of the reported equity book.
79.8% Top 10 weight The ten largest positions together, as a share of the reported equity book.
10 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 2021: 5 new , 18 added , 5 reduced , 1 exited
28 rows
Stock Sector Weight Value Shares Δ shares Action GOOGL ALPHABET INC Communication Services 21.1% $149m 53,728 +9.9% added REGN REGENERON PHARMACEUTICALS Healthcare 13.7% $97.1m 139,017 +6.6% added HLF HERBALIFE LTD Consumer Defensive 12.7% $89.9m 2.96m +7.5% added IBKR INTERACTIVE BROKERS GROUP IN Financial Services 7.3% $51.7m 784,456 −8.4% reduced CTVA CORTEVA INC Basic Materials 7.3% $51.4m 894,827 +1.4% added PINS PINTEREST INC Communication Services 4.6% $32.8m 1.33m – new ATVIEUR ACTIVISION BLIZZARD INC – 4.6% $32.7m 408,685 – new STT STATE STR CORP Financial Services 3.1% $22.2m 255,230 −3.6% reduced BBWI BATH & BODY WORKS INC Consumer Cyclical 2.7% $19.1m 384,832 +552% added GHC GRAHAM HLDGS CO Industrials 2.7% $18.8m 30,780 +4.0% added SHC SOTERA HEALTH CO Healthcare 2.4% $17.0m 784,635 +98% added GOOG ALPHABET INC Communication Services 2.3% $16.5m 5,919 +2.1% added MO ALTRIA GROUP INC Consumer Defensive 2.1% $14.9m 285,427 +6.5% added PM PHILIP MORRIS INTL INC Consumer Defensive 2.0% $14.4m 153,585 +31% added SQM SOCIEDAD QUIMICA Y MINERA DE Basic Materials 1.9% $13.7m 159,844 +111% added V VISA INC Financial Services 1.9% $13.7m 159,844 −16% reduced GIS GENERAL MILLS INC Consumer Defensive 1.7% $12.2m 179,870 +6.8% added META META PLATFORMS INC Communication Services 1.4% $10.1m 45,333 – new HB6 HIBBETT INC – 1.0% $6.9m 155,525 – new MDLZ MONDELEZ INTL INC Consumer Defensive 0.9% $6.1m 97,937 +11% added NEM NEWMONT CORP Basic Materials 0.6% $4.0m 50,195 +2.9% added MACKEUR MERRIMACK PHARMACEUTICALS IN – 0.5% $3.7m 578,313 +7.6% added NPO ENPRO INC Industrials 0.4% $3.0m 30,570 +3.3% added BRK/B BERKSHIRE HATHAWAY INC DEL – 0.4% $2.9m 61,045 −85% reduced AVLRUSD AVALARA INC – 0.2% $1.3m 12,791 – new BNY BANK OF NY MELLON CORP Financial Services 0.2% $1.3m 12,791 −97% reduced BNTX BIONTECH SE Healthcare 0.2% $1.2m 6,934 +3.5% added DECIBEL THERAPEUTICS INC no ticker – 0.07% $496k 163,224 +3.8% added
Exited since Q4 2021 1 row
Stock Prior weight Prior value BYND BEYOND MEAT INC 0.1% $969k
Sector mix Communication Services 29.5% Consumer Defensive 19.4% Healthcare 16.3% Financial Services 12.5% Basic Materials 9.8% Unclassified 6.8% Industrials 3.1% Consumer Cyclical 2.7% Book over time Every quarter on file (31) Where Bronte Capital Management Pty Ltd. was early 3 rows
Stock First reported Entry rank Initial weight Peak weight Quarters held Status Stock since CTVA CORTEVA INC Q3 2019 4 of 165 6.7% 7.3% 28 Held at last filing, Q2 2026 +202% NEM NEWMONT CORP Q1 2020 12 of 170 3.1% 4.6% 15 Held at last filing, Q2 2026 +106% SHC SOTERA HEALTH CO Q3 2021 7 of 132 0.7% 2.4% 6 Exited 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