SEC 13F Intelligence

Managers / Q2 2025 · view latest →

BRIDGER MANAGEMENT, LLC

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

Reported Value
$170M
Q2 2025
Positions
25
Filings on Record
37
2019–present window
Filed
Aug 11, 2025
original filing

Summary

Bridger Management, LLC reported $170M in U.S.-listed holdings across 25 positions for Q2 2025.

Its largest position, DWD, represents 12.8% of the portfolio.

Compared with Q1 2025, the fund opened 5 new positions and exited 9.

Portfolio Metrics

Turnover
+21.4%
vs prior filed quarter
Top-10 Concentration
+63.4%
share of reported value
Largest Position
+12.8%
Morgan Stanley
New / Exited
5 / 9
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: 79.3%ADR: 13.6%Other: 4.1%ETP: 3.0%Equity WRT: 0.0%
  • Common Stock · 79.3% · $134M
  • ADR · 13.6% · $23M
  • Other · 4.1% · $7M
  • ETP · 3.0% · $5M
  • Equity WRT · 0.0% · $8,001

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NKENIKE INCNEW+119.2K119.2K+$8M$8M
TRVCCITIGROUP INCNEW+89.0K89.0K+$8M$8M
LLYELI LILLY & CONEW+7.3K7.3K+$6M$6M
MSGSMADISON SQUARE GRDN SPRT CORNEW+13.1K13.1K+$3M$3M
CMPSCOMPASS PATHWAYS PLCNEW+147.2K147.2K+$412,185$412,185
MAMASTERCARD INCORPORATEDADDED+6.9K9.3K+$4M$5M
MSFTMICROSOFT CORPADDED+8.1K12.3K+$5M$6M
AORTARTIVION INCADDED+68.3K132.6K+$3M$4M

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

Holdings — Q2 2025

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DWDMORGAN STANLEYhistory →COM NEW12.77%$22M153.7K
2UBERUBER TECHNOLOGIES INChistory →COM7.03%$12M127.8K
3AMZNAMAZON COM INChistory →COM6.92%$12M53.5K
4TEVATEVA PHARMACEUTICAL INDS LTDhistory →SPONSORED ADS6.87%$12M695.0K
5PFEPFIZER INChistory →COM5.84%$10M408.7K
6BBWIBATH & BODY WORKS INChistory →COM5.31%$9M300.6K
7NKENIKE INChistory →CL B4.99%$8M119.2K
8VRTXVERTEX PHARMACEUTICALS INChistory →COM4.93%$8M18.8K
9TRVCCITIGROUP INChistory →COM NEW4.47%$8M89.0K
10NVONOVO-NORDISK A Shistory →ADR4.25%$7M104.4K
11CZRCAESARS ENTERTAINMENT INC NEhistory →COM4.15%$7M247.9K
12FLUTTER ENTMT PLCSHS4.13%$7M24.5K
13WYNNWYNN RESORTS LTDhistory →COM3.70%$6M66.9K
14MSFTMICROSOFT CORPhistory →COM3.61%$6M12.3K
15LLYELI LILLY & COhistory →COM3.36%$6M7.3K
16MASI*MASIMO CORPhistory →COM3.34%$6M33.6K
17MAMASTERCARD INCORPORATEDhistory →CL A3.09%$5M9.3K
18IBITISHARES BITCOIN TRUST ETFhistory →SHS BEN INT3.00%$5M83.1K
19AORTARTIVION INChistory →COM2.43%$4M132.6K
20MELCO RESORTS AND ENTMNT LTDADR2.23%$4M523.0K
21MSGSMADISON SQUARE GRDN SPRT CORhistory →CL A1.61%$3M13.1K
22TOSTTOAST INChistory →CL A1.38%$2M52.7K
23NEXTNEXTDECADE CORPCOM0.36%$604,42867.8K
24CMPSCOMPASS PATHWAYS PLCSPONSORED ADS0.24%$412,185147.2K
25SRZNWSURROZEN INC*W EXP 08/01/2030.00%$8,001442.1K

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 ↗.