Funds › Bronte Capital Management Pty Ltd. › Q1 2023Bronte Capital Management Pty Ltd. 13F holdings, Q1 2023 Bronte Capital Management Pty Ltd. disclosed 30 US equity positions worth $861.9m in its Q1 2023 13F filing. Its largest position is BRK/B at 14.1% of the reported book, followed by REGN and GOOGL. Versus Q4 2022 it opened 4 new positions, added to 6, reduced 20 and exited 1.
$862m Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
30 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.
78.7% 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 Q4 2022: 4 new , 6 added , 20 reduced , 1 exited
30 rows
Stock Sector Weight Value Shares Δ shares Action BRK/B BERKSHIRE HATHAWAY INC DEL – 14.1% $122m 393,729 −4.4% reduced REGN REGENERON PHARMACEUTICALS Healthcare 13.0% $112m 136,373 −4.4% reduced GOOGL ALPHABET INC Communication Services 13.0% $112m 1.08m −2.5% reduced IBKR INTERACTIVE BROKERS GROUP IN Financial Services 7.9% $68.1m 824,672 −1.3% reduced V VISA INC Financial Services 7.4% $63.4m 281,045 −2.2% reduced HLF HERBALIFE LTD Consumer Defensive 5.6% $48.4m 3.01m +14% added ATVIEUR ACTIVISION BLIZZARD INC – 4.6% $39.8m 465,093 +13% added IBB ISHARES TR – 4.5% $39.0m 302,076 +17% added PINS PINTEREST INC Communication Services 4.4% $38.2m 1.40m −0.9% reduced CTVA CORTEVA INC Basic Materials 4.2% $35.9m 595,190 −4.8% reduced HB6 HIBBETT INC – 3.6% $30.6m 519,435 +2.2% added PM PHILIP MORRIS INTL INC Consumer Defensive 3.0% $26.0m 267,693 −4.7% reduced FCNCA FIRST CTZNS BANCSHARES INC N Financial Services 2.4% $20.6m 21,174 – new GHC GRAHAM HLDGS CO Industrials 1.7% $14.3m 23,946 −8.7% reduced SOTERA HEALTH CO no ticker – 1.6% $13.9m 775,710 – new GIS GENERAL MILLS INC Consumer Defensive 1.3% $11.6m 135,663 −5.3% reduced GOOG ALPHABET INC Communication Services 1.2% $10.4m 100,058 −2.0% reduced BNY BANK OF NY MELLON CORP Financial Services 0.9% $8.0m 175,442 −17% reduced BBWI BATH & BODY WORKS INC Consumer Cyclical 0.8% $6.9m 189,070 −1.6% reduced AMZN AMAZON COM INC Consumer Cyclical 0.8% $6.7m 64,482 – new STT STATE STR CORP Financial Services 0.8% $6.6m 87,232 −33% reduced SQM SOCIEDAD QUIMICA Y MINERA DE Basic Materials 0.7% $6.2m 76,605 −49% reduced MDLZ MONDELEZ INTL INC Consumer Defensive 0.6% $5.0m 72,146 −1.0% reduced ALB ALBEMARLE CORP Basic Materials 0.5% $4.2m 19,149 −53% reduced BNTX BIONTECH SE Healthcare 0.3% $2.9m 23,309 +245% added RSKD RISKIFIED LTD Technology 0.3% $2.9m 508,981 +4.7% added MO ALTRIA GROUP INC Consumer Defensive 0.3% $2.8m 62,166 −5.1% reduced NPO ENPRO INC Industrials 0.3% $2.4m 23,392 −22% reduced CTMX CYTOMX THERAPEUTICS INC. Healthcare 0.2% $1.4m 917,754 – new DECIBEL THERAPEUTICS INC no ticker – 0.06% $476k 157,455 −1.2% reduced
Exited since Q4 2022 1 row
Stock Prior weight Prior value SHC SOTERA HEALTH CO 0.7% $5.7m
Sector mix Unclassified 28.5% Financial Services 19.3% Communication Services 18.6% Healthcare 13.5% Consumer Defensive 10.9% Basic Materials 5.4% Industrials 1.9% Consumer Cyclical 1.6% Technology 0.3% 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