Discovery Capital Management 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
Discovery Capital Management disclosed 18 US equity positions worth $870.7m in its Q1 2008 13F filing. The largest position was IWM at 28.9% of the reported book, followed by AMERICA MOVIL SAB DE CV SPON and AAPL. Against the Q4 2007 filing, it opened 5 new positions, added to 4 and reduced 5 among the top 18 holdings.
What did Discovery Capital Management own in Q1 2008? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | IWM ISHARES TR RUSSELL 2000 | 28.9% | $251.6m | 3,685,000 | – | new | |
| 2 | AMERICA MOVIL SAB DE CV SPON | 26.1% | $227.6m | 3,574,300 | -17% | reduced | |
| 3 | AAPL APPLE INC | Technology | 9.1% | $79.6m | 1,091,100 | 123% | added |
| 4 | JPM JP MORGAN CHASE & CO | Financial Services | 6.4% | $55.8m | 1,299,000 | 93% | added |
| 5 | CHESAPEAKE ENERGY CORP | 6.1% | $52.7m | 1,142,700 | 753% | added | |
| 6 | FCX FREEPORT-MCMORAN COPPER & GO | Basic Materials | 5.7% | $50.0m | 519,500 | -1% | reduced |
| 7 | BANCOLOMBIA S A SPON | 5.6% | $48.3m | 1,363,400 | 0% | held | |
| 8 | POWERSHARES QQQ TRUST UNIT SER 1 | 3.5% | $30.8m | 703,500 | – | new | |
| 9 | YAHOO INC | 2.3% | $20.3m | 703,000 | – | new | |
| 10 | SONY SONY CORP | Technology | 1.6% | $14.2m | 353,300 | -53% | reduced |
| 11 | COPA HOLDINGS SA | 1.2% | $10.6m | 277,600 | -31% | reduced | |
| 12 | EWY ISHARES INC MSCI S KOREA | 0.9% | $7.5m | 134,000 | – | new | |
| 13 | BMA BANCO MACRO SA SPON | Financial Services | 0.6% | $5.0m | 196,900 | 48% | added |
| 14 | HOME INNS & HOTELS MGMT INC SPON | 0.5% | $4.4m | 268,100 | 0% | held | |
| 15 | UBS AG | 0.5% | $4.2m | 146,000 | 0% | held | |
| 16 | SNDK SANDISK CORP | Technology | 0.5% | $4.2m | 184,827 | -30% | reduced |
| 17 | GLOBAL SOURCES LTD | 0.4% | $3.6m | 241,300 | – | new | |
| 18 | TELEMIG CELULAR PART S A SPON | 0.0% | $276.0k | 4,878 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.