WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q3 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-09-30, filed 2011-11-14

Discovery Capital Management, LLC disclosed 49 US equity positions worth $2.5bn in its Q3 2011 13F filing. Its largest position is AAPL at 34.0% of the reported book, followed by QCOM and SPRINT NEXTEL CORP. Versus Q2 2011 it opened 16 new positions, added to 18, reduced 8 and exited 17.

$2.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
49
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
34.0%
Largest position
The largest single position as a share of the reported equity book.
72.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
7
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 Q2 2011: 16 new, 18 added, 8 reduced, 17 exited

49 rows
AAPL APPLE INCTechnology34.0%$838m2.20m+4.3%added
QCOM QUALCOMM INCTechnology7.0%$172m3.54m–new
SPRINT NEXTEL CORP no ticker–6.9%$171m56.16m–new
V VISA INCFinancial Services6.8%$167m1.95m−27%reduced
GREEN MTN COFFEE ROASTERS IN no ticker–3.6%$89.2m959,660−16%reduced
WATSON PHARMACEUTICALS INC no ticker–3.5%$85.7m1.26m+27%added
BIDU BAIDU INCCommunication Services3.0%$74.5m696,390+262%added
NEW ORIENTAL ED & TECHNOLOGY no ticker–2.6%$64.1m2.79m+477%added
XLF SELECT SECTOR SPDR TR–2.4%$59.5m5.04m–new
RF MICRODEVICES INC no ticker–2.2%$53.6m8.45m–new
OMNIVISION TECHNOLOGIES INC no ticker–2.0%$48.9m3.48m+72%added
SALIX PHARMACEUTICALS INC no ticker–1.9%$46.2m1.56m+10%added
NOVEUR NATIONAL OILWELL VARCO INC–1.8%$45.5m888,075+7.1%added
HAL HALLIBURTON COEnergy1.8%$44.3m1.45m+74%added
SYMCEUR SYMANTEC CORP–1.8%$43.4m2.66m0.0%held
CORE LABORATORIES N V no ticker–1.7%$42.1m468,354+2.0%added
UNH UNITEDHEALTH GROUP INCHealthcare1.4%$35.0m759,900+165%added
TAM SA SP no ticker–1.4%$33.6m2.15m+21%added
MNTA MOMENTA PHARMACEUTICALS INC–1.3%$31.3m2.73m+45%added
DFSEUR DISCOVER FINL SVCS–1.2%$29.6m1.29m−5.0%reduced
YPF YPF SOCIEDAD ANONIMAEnergy1.1%$27.9m816,175−36%reduced
VRSN VERISIGN INCTechnology1.0%$25.6m895,2600.0%held
EEM ISHARES TR–0.9%$21.9m624,200−89%reduced
BMA BANCO MACRO S AFinancial Services0.8%$20.9m1.05m−13%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare0.8%$20.8m411,100–new
LIFE TECHNOLOGIES CORP no ticker–0.8%$19.4m505,200–new
DEUTSCHE BK AG no ticker–0.7%$17.8m514,800–new
VWO VANGUARD INTL EQUITY INDEX F–0.7%$17.5m488,800–new
TGT TARGET CORPConsumer Defensive0.6%$14.6m297,000–new
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services0.5%$12.9m1.56m−1.0%reduced
CYOUUSD CHANGYOU COM LTD–0.4%$10.5m414,300+34%added
COMPLETE PRODUCTION SERVICES no ticker–0.4%$9.6m507,800+356%added
MPC Marathon Petroleum CorpEnergy0.3%$8.0m297,300–new
OIS OIL STS INTL INCEnergy0.3%$7.6m148,600–new
HYPERDYNAMICS CORP no ticker–0.3%$7.3m1.98m0.0%held
ITUB ITAU UNIBANCO HLDG S AFinancial Services0.3%$6.9m447,250+73%added
TELE NORTE LESTE PART S A SPON no ticker–0.2%$6.1m644,100–new
AGO ASSURED GUARANTY LTDFinancial Services0.2%$5.6m505,400–new
YM BIOSCIENCES INC no ticker–0.2%$4.8m2.57m+10%added
FFIV F5 INCTechnology0.2%$4.2m59,300–new
IMPERIAL HLDGS INC no ticker–0.2%$4.1m1.73m+40%added
GRAFTECH INTL LTD no ticker–0.2%$4.1m326,3500.0%held
CAMELOT INFORMATION SYS INC no ticker–0.1%$3.6m1.34m+233%added
SOHU SOHU COM INCCommunication Services0.09%$2.3m47,400−84%reduced
GLOBAL ED & TECHNOLOGY GP LT ADS no ticker–0.09%$2.3m482,3000.0%held
COSAN LTD no ticker–0.08%$1.9m198,8000.0%held
KKR & CO L P DEL no ticker–0.06%$1.5m147,1000.0%held
MTG MGIC INVT CORP WISFinancial Services0.04%$890k475,700–new
RDN RADIAN GROUP INCFinancial Services0.02%$451k206,100–new

Exited since Q2 2011

17 rows
JBL JABIL INC7.1%$192m
COP CONOCOPHILLIPS2.5%$66.9m
E M C CORP MASS no ticker2.1%$56.3m
LSCC LATTICE SEMICONDUCTOR CORP1.8%$48.9m
HOME INNS & HOTELS MGMT INC no ticker1.3%$36.4m
SNDK SANDISK CORP1.2%$31.5m
IBN ICICI BANK LIMITED0.9%$23.9m
XECEUR CIMAREX ENERGY CO0.9%$23.6m
CENTRAL EUROPEAN DIST CORP no ticker0.5%$13.3m
SLM SLM CORP0.5%$13.2m
MLCO MELCO RESORTS AND ENTMNT LTD0.5%$12.8m
GENERAL MTRS CO JR no ticker0.3%$8.9m
TCF FINL CORP no ticker0.2%$4.8m
TRIANGLE PETE CORP no ticker0.09%$2.3m
YAHOO INC no ticker0.07%$1.9m
WAL WESTERN ALLIANCE BANCORP0.04%$1.1m
REX ENERGY CORPORATION no ticker0.04%$1.1m

Sector mix

  • Technology42.2%
  • Unclassified39.6%
  • Financial Services8.7%
  • Energy3.6%
  • Communication Services3.1%
  • Healthcare2.3%
  • Consumer Defensive0.6%

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