Funds › Bronte Capital Management Pty Ltd. › Q1 2024Bronte Capital Management Pty Ltd. 13F holdings, Q1 2024 Bronte Capital Management Pty Ltd. disclosed 29 US equity positions worth $1.2bn in its Q1 2024 13F filing. Its largest position is GOOGL at 13.3% of the reported book, followed by BRK/B and REGN. Versus Q4 2023 it opened 2 new positions, added to 10, reduced 13 and exited 2.
$1.2bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
29 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.3% Largest position The largest single position as a share of the reported equity book.
73.4% Top 10 weight The ten largest positions together, as a share of the reported equity book.
14 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 2023: 2 new , 10 added , 13 reduced , 2 exited
29 rows
Stock Sector Weight Value Shares Δ shares Action GOOGL ALPHABET INC Communication Services 13.3% $160m 1.06m −2.8% reduced BRK/B BERKSHIRE HATHAWAY INC DEL – 12.6% $152m 361,240 −13% reduced REGN REGENERON PHARMACEUTICALS Healthcare 11.6% $140m 145,073 −0.2% held IBKR INTERACTIVE BROKERS GROUP IN Financial Services 7.8% $94.1m 842,425 +0.7% added VISA INC-CLASS A SHARES no ticker – 6.8% $81.3m 291,139 +0.7% added AMZN AMAZON COM INC Consumer Cyclical 6.0% $71.9m 398,719 −0.7% reduced PINS PINTEREST INC Communication Services 4.1% $48.7m 1.40m −0.7% reduced HB6 HIBBETT INC – 3.9% $46.8m 609,232 +0.8% added PM PHILIP MORRIS INTL INC Consumer Defensive 3.7% $44.1m 481,504 +13% added FCNCA FIRST CTZNS BANCSHARES INC N Financial Services 3.6% $43.0m 26,280 +0.7% added IBB ISHARES TR – 3.2% $38.9m 283,420 +0.7% added IJR ISHARES TR – 3.0% $35.7m 322,789 – new RAMP LIVERAMP HLDGS INC Technology 3.0% $35.7m 322,789 +430% added CTVA CORTEVA INC Basic Materials 3.0% $35.6m 617,207 +0.7% added DFSEUR DISCOVER FINL SVCS – 2.7% $32.5m 248,059 – new HLF HERBALIFE LTD Consumer Defensive 2.3% $28.2m 2.81m −9.6% reduced MTCH MATCH GROUP INC NEW Communication Services 2.3% $27.3m 751,205 −0.1% held GHC GRAHAM HLDGS CO Industrials 1.4% $17.2m 22,405 0.0% held SOTERA HEALTH CO no ticker – 0.9% $10.9m 909,979 −0.7% reduced VANECK ETF TRUST no ticker – 0.8% $9.4m 298,832 +1.0% added BBWI BATH & BODY WORKS INC Consumer Cyclical 0.8% $9.4m 187,174 −1.2% reduced VRTX VERTEX PHARMACEUTICALS INC Healthcare 0.7% $8.6m 20,617 −0.7% reduced BNTX BIONTECH SE Healthcare 0.6% $7.4m 80,406 +244% added SQM SOCIEDAD QUIMICA Y MINERA DE Basic Materials 0.6% $7.1m 144,824 −13% reduced MDLZ MONDELEZ INTL INC Consumer Defensive 0.4% $4.7m 66,780 −0.2% held GIS GENERAL MILLS INC Consumer Defensive 0.3% $3.1m 44,086 −56% reduced VANECK ETF TRUST no ticker – 0.3% $3.0m 77,625 −1.0% reduced RSKD RISKIFIED LTD Technology 0.2% $2.7m 502,662 −1.5% reduced CTMX CYTOMX THERAPEUTICS INC. Healthcare 0.2% $2.0m 906,157 −1.5% reduced
Exited since Q4 2023 2 rows
Stock Prior weight Prior value VANGUARD INDEX FDS no ticker 1.9% $20.3m GOOG ALPHABET INC 0.9% $9.8m
Sector mix Unclassified 34.2% Communication Services 19.7% Healthcare 13.1% Financial Services 11.4% Consumer Cyclical 6.8% Consumer Defensive 6.7% Basic Materials 3.6% Technology 3.2% Industrials 1.4% 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