WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-03

Bronte Capital Management Pty Ltd. disclosed 28 US equity positions worth $802.9m in its Q3 2022 13F filing. Its largest position is BRK/B at 14.1% of the reported book, followed by GOOGL and REGN. Versus Q2 2022 it opened 1 new position, added to 8, reduced 11 and exited 3.

$803m
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.
14.1%
Largest position
The largest single position as a share of the reported equity book.
79.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
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 2022: 1 new, 8 added, 11 reduced, 3 exited

28 rows
BRK/B BERKSHIRE HATHAWAY INC DEL–14.1%$113m424,197−0.6%reduced
GOOGL ALPHABET INCCommunication Services13.1%$105m1.10m+1900%added
REGN REGENERON PHARMACEUTICALSHealthcare12.6%$101m147,175−1.3%reduced
HLF HERBALIFE LTDConsumer Defensive7.7%$62.0m3.12m+4.0%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services6.9%$55.0m861,270−3.0%reduced
V VISA INCFinancial Services6.5%$52.6m295,9280.0%held
CTVA CORTEVA INCBasic Materials6.1%$48.8m854,556−5.1%reduced
ATVIEUR ACTIVISION BLIZZARD INC–4.6%$37.2m500,797+22%added
PINS PINTEREST INCCommunication Services4.2%$33.7m1.45m0.0%held
IBB ISHARES TR–3.8%$30.8m263,091−7.4%reduced
HB6 HIBBETT INC–2.9%$23.1m463,695+22%added
PM PHILIP MORRIS INTL INCConsumer Defensive2.1%$16.5m199,194−2.6%reduced
GHC GRAHAM HLDGS COIndustrials1.9%$15.4m28,711−11%reduced
STT STATE STR CORPFinancial Services1.9%$15.0m246,6460.0%held
SQM SOCIEDAD QUIMICA Y MINERA DEBasic Materials1.7%$13.9m152,987−8.5%reduced
BNY BANK OF NY MELLON CORPFinancial Services1.7%$13.8m357,7600.0%held
GIS GENERAL MILLS INCConsumer Defensive1.4%$11.3m147,171−11%reduced
ALB ALBEMARLE CORPBasic Materials1.4%$11.1m41,894−24%reduced
GOOG ALPHABET INCCommunication Services1.2%$9.6m99,727+1732%added
MO ALTRIA GROUP INCConsumer Defensive1.0%$8.1m200,531−12%reduced
BBWI BATH & BODY WORKS INCConsumer Cyclical0.8%$6.4m197,120+64%added
SHC SOTERA HEALTH COHealthcare0.7%$5.6m824,197+19%added
MDLZ MONDELEZ INTL INCConsumer Defensive0.5%$4.1m75,1070.0%held
AVLRUSD AVALARA INC–0.4%$2.9m31,845+14%added
NPO ENPRO INCIndustrials0.3%$2.6m30,613−0.1%held
RSKD RISKIFIED LTDTechnology0.2%$1.7m443,480–new
BNTX BIONTECH SEHealthcare0.1%$937k6,9480.0%held
DECIBEL THERAPEUTICS INC no ticker–0.07%$566k163,5470.0%held

Exited since Q2 2022

3 rows
META META PLATFORMS INC2.0%$16.4m
MACKEUR MERRIMACK PHARMACEUTICALS IN0.4%$3.4m
NEM NEWMONT CORP0.4%$3.1m

Sector mix

  • Unclassified25.9%
  • Communication Services18.5%
  • Financial Services17.0%
  • Healthcare13.4%
  • Consumer Defensive12.7%
  • Basic Materials9.2%
  • Industrials2.2%
  • Consumer Cyclical0.8%
  • Technology0.2%

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