BRIDGER MANAGEMENT, LLC
Long book
$128.0M
Q1 2026
Positions
24
Top-10 weight
68%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
34%
of book per quarter
Strategy in plain words
auto-generated from filingsBRIDGER MANAGEMENT, LLC is a concentrated fundamental stock-picker, running a $128.0M US long book across 24 positions.
The portfolio is concentrated: the top 10 names carry 68% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: MORGAN STANLEY, AMAZON.COM INC, TEVA PHARMACEUTICAL-SP ADR, FLUTTER ENTERTAINMENT PLC-DI, DEXCOM INC.
Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+6.0%
Q2 2024
+3.6%
Q3 2024
-3.5%
Q4 2024
-5.2%
Q1 2025
+11.2%
Q2 2025
+6.1%
Q3 2025
+3.8%
Q4 2025
-8.9%
Q1 2026
+11.9%
Sector allocation
Healthcare 23%
Services media 20%
Financials 17%
Other 14%
Consumer discretionary 12%
Technology 10%
Materials 4%
Utilities 0%
Long book by quarter
What does BRIDGER MANAGEMENT, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MS MORGAN STANLEY | Financials | 112.3K | $18.5M | 14.4% | -17.9% |
| AMZN AMAZON.COM INC | Consumer discretionary | 62.8K | $13.1M | 10.2% | -5.3% |
| PPB FLUTTER ENTERTAINMENT PLC-DI | — | 92.4K | $9.4M | 7.4% | +277.5% |
| DXCM DEXCOM INC | Healthcare | 101.9K | $6.4M | 5.0% | Held |
| ALC ALCON INC | Healthcare | 84.3K | $6.4M | 5.0% | -22.1% |
| NKE NIKE INC -CL B | Other | 120.0K | $6.3M | 5.0% | -33.3% |
| GOOGL ALPHABET INC-CL A | Technology | 18.5K | $5.3M | 4.2% | New |
| V VISA INC-CLASS A SHARES | Services media | 17.2K | $5.2M | 4.1% | Held |
| CHDN CHURCHILL DOWNS INC | Services media | 57.2K | $5.1M | 4.0% | Held |
| AORT ARTIVION INC | Healthcare | 132.6K | $4.9M | 3.8% | Held |
| MSFT MICROSOFT CORP | Technology | 12.3K | $4.6M | 3.6% | Held |
| MLM MARTIN MARIETTA MATERIALS | Materials | 7.6K | $4.5M | 3.5% | New |
| LLY ELI LILLY & CO | Healthcare | 4.7K | $4.4M | 3.4% | New |
| UBER UBER TECHNOLOGIES INC | Services media | 58.4K | $4.2M | 3.3% | -29.6% |
| MSGS MADISON SQUARE GARDEN SPORTS | Services media | 13.1K | $4.2M | 3.3% | Held |
| DASH DOORDASH INC - A | Services media | 23.9K | $3.6M | 2.8% | New |
| BBNX BETA BIONICS INC | Healthcare | 163.1K | $1.6M | 1.3% | New |
| RXST RXSIGHT INC | Healthcare | 248.9K | $1.5M | 1.2% | +54.9% |
| TOST TOAST INC-CLASS A | Technology | 40.4K | $1.1M | 0.8% | Held |
| NEXT NEXTDECADE CORP | Utilities | 67.8K | $520K | 0.4% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 24 | $128.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 24 | $155.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 28 | $185.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 25 | $169.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 29 | $201.2M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 28 | $186.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 29 | $199.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 28 | $194.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 31 | $221.8M | canonical | SEC ↗ |
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