WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q1 2010

Hedge fundSEC filingsCompare with another fundHoldings as of 2010-03-31, filed 2010-05-17

Discovery Capital Management, LLC disclosed 41 US equity positions worth $1.1bn in its Q1 2010 13F filing. Its largest position is AAPL at 22.6% of the reported book, followed by BIDU and EEM. Versus Q4 2009 it opened 27 new positions, added to 6, reduced 7 and exited 15.

$1.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
41
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
22.6%
Largest position
The largest single position as a share of the reported equity book.
63.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
79
Quarters on file since Q4 2006
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2009: 27 new, 6 added, 7 reduced, 15 exited

41 rows
AAPL APPLE INCTechnology22.6%$253m1.08m+14%added
BIDU BAIDU INCCommunication Services13.8%$154m257,910–new
EEM ISHARES TR–6.7%$74.9m1.78m−10%reduced
DIS DISNEY WALT COCommunication Services4.1%$46.0m1.32m–new
NII HLDGS INC no ticker–3.1%$34.1m818,300+94%added
APC3EUR ANADARKO PETE CORP–2.9%$32.2m442,000–new
MEMC ELECTR MATLS INC no ticker–2.8%$31.4m2.05m–new
GILD GILEAD SCIENCES INCHealthcare2.7%$29.7m653,800–new
CTRPUSD CTRIP COM INTL LTD–2.7%$29.7m757,700+213%added
EBAY EBAY INC.Consumer Cyclical2.5%$27.5m1.02m–new
CORE LABORATORIES N V no ticker–2.3%$26.3m200,702−2.2%reduced
DIRECTV no ticker–2.3%$25.8m762,600–new
BAC BANK OF AMER CORPFinancial Services2.2%$25.1m1.41m–new
CBS CORP NEW no ticker–2.2%$24.5m1.76m−57%reduced
RIG TRANSOCEAN LTDEnergy2.1%$23.6m273,204−37%reduced
BMA BANCO MACRO S AFinancial Services2.0%$22.9m764,661−3.7%reduced
INTC INTEL CORPTechnology2.0%$22.6m1.01m–new
HEWLETT PACKARD CO no ticker–1.9%$20.9m392,800–new
JA SOLAR HOLDINGS CO LTD SPON no ticker–1.8%$20.4m3.65m–new
AMXN AMERICA MOVIL SAB DE CV–1.7%$18.5m366,700–new
CENTRAL EUROPEAN DIST CORP no ticker–1.6%$17.7m506,941–new
UNH UNITEDHEALTH GROUP INCHealthcare1.4%$16.2m494,700–new
SINA CORP no ticker–1.4%$15.5m410,696–new
TRINA SOLAR LIMITED no ticker–1.1%$12.2m498,450–new
PNC PNC FINL SVCS GROUP INCFinancial Services1.1%$11.9m199,800–new
TECL DIREXION SHS ETF TR–1.0%$11.7m75,000–new
MNTA MOMENTA PHARMACEUTICALS INC–1.0%$11.7m779,111+200%added
RRC RANGE RES CORPEnergy0.9%$10.2m217,100+288%added
V VISA INCFinancial Services0.9%$9.7m106,700–new
POPULAR INC no ticker–0.8%$9.0m3.08m+49%added
G GENPACT LIMITEDTechnology0.8%$8.6m511,800–new
CSIQ CANADIAN SOLAR INCTechnology0.7%$7.6m313,700–new
MS MORGAN STANLEYFinancial Services0.6%$7.2m244,400−82%reduced
MA MASTERCARD INCFinancial Services0.6%$6.2m24,250–new
FCX FREEPORT MCMORAN INCBasic Materials0.5%$5.1m61,100–new
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services0.5%$5.1m514,000–new
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services0.4%$4.3m718,431−17%reduced
REX ENERGY CORPORATION no ticker–0.2%$2.4m206,900–new
HOME INNS & HOTELS MGMT INC no ticker–0.2%$1.9m58,200–new
CVBF CVB FINL CORPFinancial Services0.1%$1.2m118,274–new
MATRIXX INITIATIVES INC no ticker–0.02%$254k50,0000.0%held

Exited since Q4 2009

15 rows
SILVER WHEATON CORP no ticker5.2%$36.3m
CX CEMEX SAB DE CV5.0%$34.9m
ISHARES no ticker4.1%$28.8m
ROVIEUR ROVI CORP1.9%$13.6m
CITIZENS REPUBLIC BANCORP IN no ticker1.7%$11.6m
SHANDA GAMES LTD no ticker1.5%$10.2m
AMGN AMGEN INC1.4%$9.6m
AMERICAN DAIRY INC no ticker1.1%$7.7m
BANK OF AMERICA CORPORATION UNIT 99/99/9999 no ticker1.0%$7.2m
COVENTRY HEALTH CARE INC no ticker1.0%$7.0m
DRQEUR DRIL-QUIP INC1.0%$7.0m
MTG MGIC INVT CORP WIS1.0%$7.0m
CNC CENTENE CORP DEL0.9%$6.4m
LEN LENNAR CORP0.9%$6.2m
CHINA MASS MEDIA CORP SPONS no ticker0.02%$158k

Sector mix

  • Unclassified37.6%
  • Technology26.1%
  • Communication Services18.3%
  • Financial Services7.9%
  • Healthcare4.1%
  • Energy3.0%
  • Consumer Cyclical2.5%
  • Basic Materials0.5%

Book over time

Every quarter on file (79)
QuarterPositionsEquity book
Q2 2026113$2.4bn
Q1 202677$1.9bn
Q4 202588$1.8bn
Q3 202586$1.8bn
Q2 202572$1.3bn
Q1 202556$836m
Q4 202477$1.5bn
Q3 202459$819m
Q2 202451$754m
Q1 202452$736m
Q4 202349$661m
Q3 202339$554m
Q2 202353$857m
Q1 202344$740m
Q4 202247$674m
Q3 202246$639m
Q2 202253$751m
Q1 202266$1.1bn
Q4 202165$1.3bn
Q3 202167$1.3bn
Q2 202157$1.3bn
Q1 202160$720m
Q4 202052$807m
Q3 202058$637m
Q2 202052$539m
Q1 202031$363m
Q4 201921$313m
Q3 201926$576m
Q2 201934$976m
Q1 201929$826m
Q4 201841$1.2bn
Q3 201848$1.6bn
Q2 201848$1.7bn
Q1 201845$2.4bn
Q4 201748$2.8bn
Q3 201757$4.0bn
Q2 201749$3.8bn
Q1 201790$5.1bn
Q4 201697$5.9bn
Q3 201676$4.6bn
Q2 201670$4.0bn
Q1 201692$6.1bn
Q4 201583$7.3bn
Q3 2015106$8.7bn
Q2 201595$7.6bn
Q1 201586$8.4bn
Q4 2014114$9.5bn
Q3 201491$8.7bn
Q2 2014115$10.5bn
Q1 2014132$13.4bn
Q4 2013133$13.4bn
Q3 2013121$11.1bn
Q2 2013102$8.9bn
Q1 201357$5.1bn
Q4 201264$4.9bn
Q3 201267$5.0bn
Q2 201248$4.0bn
Q1 201273$4.2bn
Q4 201156$3.2bn
Q3 201149$2.5bn
Q2 201150$2.7bn
Q1 201148$2.2bn
Q4 201032$1.4bn
Q3 201029$1.5bn
Q2 201028$902m
Q1 201041$1.1bn
Q4 200929$703m
Q3 200928$682m
Q2 200926$726m
Q1 200919$574m
Q4 200811$303m
Q3 200812$331m
Q2 200819$564m
Q1 200818$871m
Q4 200726$812m
Q3 200729$541m
Q2 200722$455m
Q1 200719$245m
Q4 200622$246m

Where Discovery Capital Management, LLC was early

158 rows
GGAL GRUPO FINANCIERO GALICIA S.AQ1 20071 of 960.07%7.8%40Held at last filing, Q2 2026+380%
SNDK SANDISK CORPQ1 20073 of 2332.5%19.6%19Held at last filing, Q2 2026–
BBD BANCO BRADESCO S AQ1 20075 of 715.1%5.1%6Exited by Q1 2024–
EBAY EBAY INCQ1 200716 of 1865.5%6.3%14Exited by Q1 2015+69%
TX TERNIUM SA SPONQ2 20072 of 521.3%1.3%2Exited by Q4 2007+3.7%
BIDU BAIDU INCQ2 20079 of 2317.0%17.6%24Exited by Q1 2026+678%
SFD SMITHFIELD FOODS INCQ3 20071 of 904.4%4.4%2Exited by Q1 2008−8.2%
CX CEMEX SA EURO MTN BE 144AQ3 20074 of 941.9%5.0%21Held at last filing, Q2 2026−47%
FCX FREEPORT-MCMORAN INCQ3 20075 of 2235.3%6.6%12Exited by Q3 2025−17%
JPM JPMORGAN CHASE & COQ4 20076 of 2313.6%19.9%20Held at last filing, Q2 2026+650%
AAPL APPLE INCQ4 200710 of 27511.9%43.1%29Exited by Q1 2017+309%
EWY ISHARES INC MSCI S KOREAQ1 20082 of 1130.9%3.6%2Exited by Q3 2008−8.5%
MEOH METHANEX CORPQ2 20082 of 10811.0%16.0%2Exited by Q4 2008−29%
PBR/A PETROLEO BRASILEIRO SA PETROQ2 20083 of 707.3%9.4%20Exited by Q2 2019−75%
GS GOLDMAN SACHS GROUP INCQ2 20085 of 2294.6%10.8%12Held at last filing, Q2 2026+478%
MS MORGAN STANLEYQ2 20085 of 1783.7%6.9%11Exited by Q2 2017+19%
V VISA INCQ2 200819 of 2845.8%8.3%30Exited by Q3 2022+869%
RIG TRANSOCEAN LTDQ1 20091 of 1899.4%9.4%18Exited by Q3 2022−94%
WFRD WEATHERFORD INTERNATIONAL LT REGQ2 20092 of 261.8%2.8%2Exited by Q4 2009+6.0%
MLCO MELCO CROWN ENTMT LTDQ2 20094 of 1080.5%2.1%14Exited by Q2 2016+267%
RRC RANGE RES CORPQ2 20094 of 1470.6%1.7%5Exited by Q3 2025−1.8%
FXI ISHARES TRQ2 20097 of 1357.4%7.4%8Exited by Q2 2022−17%
MNTA MOMENTA PHARMACEUTICALS INCQ4 20091 of 890.5%1.8%27Exited by Q3 2017–
AMGN AMGEN INCQ4 20096 of 1661.4%1.4%4Exited by Q2 2014+118%
G GENPACT LIMITEDQ1 20103 of 1010.8%3.3%4Exited by Q1 2011−9.4%
PNC PNC FINL SVCS GROUP INCQ1 20106 of 1531.1%1.8%10Exited by Q2 2023+113%
DIS DISNEY WALT COQ1 201010 of 2534.1%4.1%14Exited by Q4 2021+385%
UNH UNITEDHEALTH GROUP INCQ1 201010 of 2991.4%6.6%11Exited by Q3 2025+855%
ITUB ITAU UNIBANCO HLDG S AQ2 20107 of 850.3%3.7%13Exited by Q1 2024−6.6%
YPF YPF SOCIEDAD ANONIMAQ3 20101 of 1010.02%4.5%41Held at last filing, Q2 2026+17%
VRSN VERISIGN INCQ3 201011 of 1420.8%2.0%7Exited by Q3 2022+427%
TEVA TEVA PHARMACEUTICAL INDS LTDQ3 201013 of 1821.1%2.7%3Exited by Q1 2016+24%
HAL HALLIBURTON COQ4 20105 of 1822.9%3.9%11Held at last filing, Q2 2026−17%
VWO VANGUARD INTL EQUITY INDEX FQ1 20112 of 550.9%11.2%15Exited by Q4 2019−18%
IBN ICICI BANK LIMITEDQ1 20113 of 1091.9%5.9%23Exited by Q3 2022+96%
COP CONOCOPHILLIPSQ1 20114 of 1553.1%3.1%2Exited by Q3 2011−5.9%
SLB SCHLUMBERGER LTDQ1 20116 of 2113.3%3.3%5Exited by Q1 2017−10.0%
SLM SLM CORPQ1 20119 of 1220.6%3.0%12Exited by Q1 2026+395%
KEY KEYCORP NEWQ1 201113 of 1320.3%1.2%5Exited by Q2 2017+100%
AMD ADVANCED MICRO DEVICES INCQ1 201116 of 3400.5%7.0%16Held at last filing, Q2 2026+6655%
MPC MARATHON PETE CORPQ3 20112 of 1940.3%3.8%13Exited by Q1 2019+336%
RDN RADIAN GROUP INCQ3 20116 of 1200.02%1.4%16Exited by Q1 2021+825%
MRK MERCK & CO INCQ4 20113 of 1951.4%1.8%4Exited by Q2 2017+69%
CMG CHIPOTLE MEXICAN GRILL INCQ4 20116 of 1850.3%1.6%4Exited by Q1 2017+12%
BMY BRISTOL MYERS SQUIBB COQ4 20118 of 1975.0%5.0%3Exited by Q3 2012+2.0%
KRE SPDR SERIES TRUSTQ4 201115 of 1590.2%2.1%8Exited by Q4 2018+143%
NBIS NEBIUS GROUP N.V.Q1 20123 of 2490.7%7.9%30Exited by Q3 2025+54%
LVS LAS VEGAS SANDS CORPQ1 20125 of 1881.9%5.8%10Exited by Q2 2017−0.9%
MU MICRON TECHNOLOGY INCQ1 20126 of 3200.6%4.8%27Held at last filing, Q2 2026+14150%
SHW SHERWIN WILLIAMS COQ1 20126 of 1920.5%2.5%6Exited by Q3 2013+63%

Concentration and tenure

14.0%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
60.3%
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
2
Median completed holding, quarters