SEC 13F Intelligence

Managers / Q1 2025 · view latest →

BRIDGER MANAGEMENT, LLC

CIK 0001166309 · 90 PARK AVENUE, 40TH FLOOR, NEW YORK, NY, 10016 · 212-918-0820

Reported Value
$201M
Q1 2025
Positions
29
Filings on Record
37
2019–present window
Filed
May 15, 2025
original filing

Summary

Bridger Management, LLC reported $201M in U.S.-listed holdings across 29 positions for Q1 2025.

Its largest position, DWD, represents 10.9% of the portfolio.

Compared with Q4 2024, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+21.5%
vs prior filed quarter
Top-10 Concentration
+65.7%
share of reported value
Largest Position
+10.9%
Morgan Stanley
New / Exited
6 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.2BQ4 ’18Q1 ’19: $1.3BQ2 ’19: $1.3BQ3 ’19: $1.2BQ4 ’19: $1.4BQ4 ’19Q1 ’20: $864MQ2 ’20: $1.1BQ3 ’20: $1.3BQ4 ’20: $1.3BQ4 ’20Q1 ’21: $1.1BQ2 ’21: $1.1BQ3 ’21: $855MQ4 ’21: $773MQ4 ’21Q1 ’22: $610MQ2 ’22: $444MQ3 ’22: $330MQ4 ’22: $247MQ4 ’22Q1 ’23: $268MQ2 ’23: $300MQ3 ’23: $272MQ4 ’23: $260MQ4 ’23Q1 ’24: $222MQ2 ’24: $194MQ3 ’24: $200MQ4 ’24: $186MQ4 ’24Q1 ’25: $201MQ2 ’25: $170MQ3 ’25: $186MQ4 ’25: $156MQ4 ’25Q1 ’26: $128Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 77.4%ADR: 12.0%Other: 8.0%ETP: 2.5%Equity WRT: 0.0%
  • Common Stock · 77.4% · $156M
  • ADR · 12.0% · $24M
  • Other · 8.0% · $16M
  • ETP · 2.5% · $5M
  • Equity WRT · 0.0% · $14,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPOTIFY TECHNOLOGY S ANEW+17.8K17.8K+$10M$10M
NVONOVO-NORDISK A SNEW+121.6K121.6K+$8M$8M
MASI*MASIMO CORPNEW+39.3K39.3K+$7M$7M
FLUTTER ENTMT PLCNEW+28.7K28.7K+$6M$6M
LFSTLIFESTANCE HEALTH GROUP INCNEW+389.7K389.7K+$3M$3M
AORTARTIVION INCNEW+64.3K64.3K+$2M$2M
AMZNAMAZON COM INCADDED+51.4K63.5K+$9M$12M
MELCO RESORTS AND ENTMNT LTDADDED+610.1K964.6K+$3M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DWDMORGAN STANLEYhistory →COM NEW10.89%$22M187.7K
2VRTXVERTEX PHARMACEUTICALS INChistory →COM9.89%$20M41.0K
3UBERUBER TECHNOLOGIES INChistory →COM8.75%$18M241.5K
4AMZNAMAZON COM INChistory →COM6.01%$12M63.5K
5PFEPFIZER INChistory →COM5.87%$12M466.1K
6TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS5.31%$11M695.0K
7BBWIBATH & BODY WORKS INChistory →COM5.22%$11M346.6K
8SPOTIFY TECHNOLOGY S ASHS4.86%$10M17.8K
9ALNYALNYLAM PHARMACEUTICALS INChistory →COM4.69%$9M35.0K
10NVONOVO-NORDISK A Shistory →ADR4.20%$8M121.6K
11SWTXUSDSPRINGWORKS THERAPEUTICS INChistory →COM3.83%$8M174.5K
12ZBHZIMMER BIOMET HOLDINGS INChistory →COM3.51%$7M62.4K
13CZRCAESARS ENTERTAINMENT INC NEhistory →COM3.29%$7M264.7K
14MASI*MASIMO CORPhistory →COM3.25%$7M39.3K
15WYNNWYNN RESORTS LTDhistory →COM3.24%$7M78.0K
16FLUTTER ENTMT PLCSHS3.16%$6M28.7K
17MELCO RESORTS AND ENTMNT LTDADR2.53%$5M964.6K
18XENEXENON PHARMACEUTICALS INChistory →COM2.45%$5M146.8K
19IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT1.93%$4M83.1K
20LFSTLIFESTANCE HEALTH GROUP INChistory →COM1.29%$3M389.7K
21GOOGLALPHABET INChistory →CAP STK CL A1.07%$2M13.9K
22TOSTTOAST INCCL A0.87%$2M52.7K
23EWTXEDGEWISE THERAPEUTICS INCCOM0.82%$2M74.7K
24MSFTMICROSOFT CORPCOM0.79%$2M4.2K
25AORTARTIVION INCCOM0.79%$2M64.3K
26MAMASTERCARD INCORPORATEDCL A0.65%$1M2.4K
27VANECK ETF TRUSTGOLD MINERS ETF0.58%$1M25.2K
28NEXTNEXTDECADE CORPCOM0.26%$527,77267.8K
29SRZNWSURROZEN INC*W EXP 08/01/2030.01%$14,000466.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$128M24May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$156M24Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$186M28Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$170M25Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$201M29May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$186M28Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$200M29Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$194M28Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$222M31May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$260M28Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$272M31Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$300M29Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$268M28May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$247M23Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$330M44Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$444M43Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$610M52May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$773M44Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$855M46Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B44Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B42May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.3B39Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B36Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.1B35Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$864M36May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.4B35Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.2B30Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.3B31Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.3B33May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.2B34Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.