WhaleCreep

Bronte Capital Management Pty Ltd. 13F holdings, Q1 2025

Hedge fundSEC filingsCompare with another fundHoldings as of 2025-03-31, filed 2025-05-14

Bronte Capital Management Pty Ltd. disclosed 26 US equity positions worth $1.2bn in its Q1 2025 13F filing. Its largest position is IJR at 12.6% of the reported book, followed by BRK/B and REGN. Versus Q4 2024 it opened 2 new positions, added to 3, reduced 21 and exited 0.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
26
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.6%
Largest position
The largest single position as a share of the reported equity book.
79.4%
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 2024: 2 new, 3 added, 21 reduced, 0 exited

26 rows
IJR ISHARES TR–12.6%$155m1.30m−8.1%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–11.0%$136m218,030−0.8%reduced
REGN REGENERON PHARMACEUTICALSHealthcare9.3%$115m154,693+1.3%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services8.3%$102m526,584−12%reduced
PM PHILIP MORRIS INTL INCConsumer Defensive7.8%$96.5m518,385+4.4%added
VISA INC-CLASS A SHARES no ticker–7.8%$96.4m235,302−0.8%reduced
GOOGL ALPHABET INCCommunication Services7.8%$95.8m529,571−0.8%reduced
AMZN AMAZON COM INCConsumer Cyclical6.1%$75.7m339,998−0.8%reduced
DFSEUR DISCOVER FINL SVCS–4.9%$59.9m299,914−0.8%reduced
FCNCA FIRST CTZNS BANCSHARES INC NFinancial Services3.8%$46.2m21,311−0.8%reduced
CTVA CORTEVA INCBasic Materials3.4%$42.1m571,432−0.8%reduced
IBB ISHARES TR–3.2%$39.3m262,399−0.8%reduced
PINS PINTEREST INCCommunication Services2.5%$30.6m842,964−0.8%reduced
HLF HERBALIFE LTDConsumer Defensive2.1%$25.9m2.56m+60%added
MTCH MATCH GROUP INC NEWCommunication Services2.0%$25.2m690,818−34%reduced
GHC GRAHAM HLDGS COIndustrials1.5%$18.3m16,242−0.8%reduced
VANECK ETF TRUST no ticker–1.2%$14.8m275,105−0.8%reduced
SBH SALLY BEAUTY HLDGS INCConsumer Cyclical1.0%$11.9m1.12m–new
SOTERA HEALTH CO no ticker–0.9%$10.8m793,382−0.8%reduced
VANECK ETF TRUST no ticker–0.7%$9.0m134,320−0.8%reduced
RAMP LIVERAMP HLDGS INCTechnology0.6%$7.5m244,236−0.8%reduced
SQM SOCIEDAD QUIMICA Y MINERA DEBasic Materials0.5%$6.2m134,083−0.8%reduced
MDLZ MONDELEZ INTL INCConsumer Defensive0.4%$4.6m57,963−0.8%reduced
BBWI BATH & BODY WORKS INCConsumer Cyclical0.3%$4.0m111,649−0.8%reduced
RSKD RISKIFIED LTDTechnology0.2%$2.5m465,381−0.8%reduced
GLOBAL BLUE GROUP HOLDING AG no ticker–0.06%$778k90,208–new

Sector mix

  • Unclassified42.3%
  • Communication Services12.3%
  • Financial Services12.0%
  • Consumer Defensive10.3%
  • Healthcare9.3%
  • Consumer Cyclical7.4%
  • Basic Materials3.9%
  • Industrials1.5%
  • Technology0.8%

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