WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q4 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-12-31, filed 2012-02-14

Discovery Capital Management, LLC disclosed 56 US equity positions worth $3.2bn in its Q4 2011 13F filing. Its largest position is AAPL at 28.0% of the reported book, followed by VWO and QCOM. Versus Q3 2011 it opened 18 new positions, added to 15, reduced 8 and exited 11.

$3.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
56
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
28.0%
Largest position
The largest single position as a share of the reported equity book.
66.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
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 Q3 2011: 18 new, 15 added, 8 reduced, 11 exited

50 of 56
AAPL APPLE INCTechnology28.0%$905m2.24m+1.7%added
VWO VANGUARD INTL EQUITY INDEX F–11.2%$363m9.49m+1841%added
QCOM QUALCOMM INCTechnology6.0%$195m3.57m+0.8%added
BMY BRISTOL-MYERS SQUIBB COHealthcare5.0%$160m4.55m–new
V VISA INCFinancial Services4.6%$149m1.47m−25%reduced
SALIX PHARMACEUTICALS INC no ticker–2.8%$89.3m1.87m+20%added
GREEN MTN COFFEE ROASTERS IN no ticker–2.4%$76.9m1.71m+79%added
EEM ISHARES TR–2.3%$75.9m2.00m+220%added
NOVEUR NATIONAL OILWELL VARCO INC–2.2%$72.7m1.07m+20%added
YPF YPF SOCIEDAD ANONIMAEnergy2.2%$72.6m2.09m+156%added
HAL HALLIBURTON COEnergy2.2%$72.5m2.10m+45%added
SPRINT NEXTEL CORP no ticker–2.1%$69.6m29.75m−47%reduced
WATSON PHARMACEUTICALS INC no ticker–2.1%$69.5m1.15m−8.3%reduced
NEW ORIENTAL ED & TECHNOLOGY no ticker–1.6%$53.0m2.20m−21%reduced
OMNIVISION TECHNOLOGIES INC no ticker–1.5%$47.4m3.88m+11%added
MPC Marathon Petroleum CorpEnergy1.5%$47.4m1.42m+379%added
RF MICRODEVICES INC no ticker–1.4%$45.6m8.45m0.0%held
MRK MERCK & CO. INCHealthcare1.4%$45.3m1.20m–new
EWW ISHARES INC–1.4%$45.3m842,500–new
TAM SA SP no ticker–1.4%$45.1m2.33m+8.3%added
SYMCEUR SYMANTEC CORP–1.4%$43.8m2.80m+5.1%added
MNTA MOMENTA PHARMACEUTICALS INC–1.2%$40.1m2.31m−15%reduced
UNH UNITEDHEALTH GROUP INCHealthcare1.2%$38.5m759,9000.0%held
VRSN VERISIGN INCTechnology1.0%$32.0m895,2600.0%held
DFSEUR DISCOVER FINL SVCS–1.0%$31.0m1.29m0.0%held
NII HLDGS INC no ticker–0.9%$30.7m1.44m–new
ABX BARRICK GOLD CORPFinancial Services0.9%$30.2m668,000–new
PNC PNC FINL SVCS GROUP INCFinancial Services0.7%$22.8m395,900–new
ITUB ITAU UNIBANCO HLDG S AFinancial Services0.7%$21.7m1.17m+162%added
PWR QUANTA SVCS INCIndustrials0.6%$20.5m953,200–new
BMA BANCO MACRO S AFinancial Services0.6%$19.0m975,377−6.8%reduced
FITB FIFTH THIRD BANCORPFinancial Services0.5%$17.6m1.39m–new
CORE LABORATORIES N V no ticker–0.5%$16.7m146,794−69%reduced
SUNTRUST BKS INC no ticker–0.5%$15.8m890,900–new
C&J ENERGY SVCS INC no ticker–0.5%$15.2m727,600–new
TGT TARGET CORPConsumer Defensive0.5%$15.2m297,0000.0%held
OIS OIL STS INTL INCEnergy0.4%$11.3m148,6000.0%held
KEY KEYCORPFinancial Services0.3%$10.7m1.39m–new
GNTX GENTEX CORPConsumer Cyclical0.3%$9.5m321,700–new
NEM NEWMONT CORPBasic Materials0.3%$9.5m158,400–new
YM BIOSCIENCES INC no ticker–0.3%$9.5m5.79m+125%added
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services0.3%$8.8m1.49m−4.4%reduced
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.3%$8.4m24,900–new
HFCUSD HOLLYFRONTIER CORP–0.3%$8.1m346,400–new
CX CEMEX SAB DE CVBasic Materials0.2%$8.0m1.48m–new
KRE SPDR SERIES TRUST–0.2%$7.0m288,100–new
AGO ASSURED GUARANTY LTDFinancial Services0.2%$6.6m505,4000.0%held
TELE NORTE LESTE PART S A SPON no ticker–0.2%$6.1m644,1000.0%held
HYPERDYNAMICS CORP no ticker–0.1%$4.8m1.98m0.0%held
GRAFTECH INTL LTD no ticker–0.1%$4.5m326,3500.0%held

Exited since Q3 2011

11 rows
BIDU BAIDU INC3.0%$74.5m
XLF SELECT SECTOR SPDR TR2.4%$59.5m
TMO THERMO FISHER SCIENTIFIC INC0.8%$20.8m
LIFE TECHNOLOGIES CORP no ticker0.8%$19.4m
DEUTSCHE BK AG no ticker0.7%$17.8m
CYOUUSD CHANGYOU COM LTD0.4%$10.5m
COMPLETE PRODUCTION SERVICES no ticker0.4%$9.6m
FFIV F5 INC0.2%$4.2m
SOHU SOHU COM INC0.09%$2.3m
GLOBAL ED & TECHNOLOGY GP LT ADS no ticker0.09%$2.3m
RDN RADIAN GROUP INC0.02%$451k

Sector mix

  • Unclassified40.1%
  • Technology35.0%
  • Financial Services8.9%
  • Healthcare7.5%
  • Energy6.3%
  • Industrials0.6%
  • Consumer Cyclical0.6%
  • Basic Materials0.5%
  • Consumer Defensive0.5%

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