WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q4 2012

Hedge fundSEC filingsCompare with another fundHoldings as of 2012-12-31, filed 2013-02-14

Discovery Capital Management, LLC disclosed 64 US equity positions worth $4.9bn in its Q4 2012 13F filing. Its largest position is AAPL at 14.5% of the reported book, followed by V and EBAY. Versus Q3 2012 it opened 18 new positions, added to 24, reduced 12 and exited 21.

$4.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
64
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.5%
Largest position
The largest single position as a share of the reported equity book.
54.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 2012: 18 new, 24 added, 12 reduced, 21 exited

50 of 64
AAPL APPLE INCTechnology14.5%$716m1.35m−33%reduced
V VISA INCFinancial Services6.7%$329m2.17m0.0%held
EBAY EBAY INC.Consumer Cyclical6.3%$312m6.11m+11%added
LYONDELLBASELL INDUSTRIES NV no ticker–6.0%$295m5.16m+58%added
COF CAPITAL ONE FINL CORPFinancial Services4.0%$197m3.41m+85%added
DIRECTV no ticker–3.8%$186m3.71m+13%added
JPM JPMORGAN CHASE & COFinancial Services3.6%$177m4.03m–new
ALL ALLSTATE CORPFinancial Services3.6%$175m4.35m+133%added
SNDK SANDISK CORPTechnology3.2%$156m3.59m+147%added
AIG American International GroupFinancial Services3.1%$153m4.32m+53%added
CF CF Industries Holdings IncBasic Materials2.5%$124m608,559+11%added
HERTZ GLOBAL HOLDINGS INC no ticker–2.5%$122m7.50m–new
BAC BANK OF AMER CORPFinancial Services2.2%$108m9.34m–new
ORCL ORACLE CORPTechnology2.1%$105m3.15m–new
COACH INC no ticker–2.1%$104m1.87m+49%added
NKE NIKE INCConsumer Cyclical2.0%$96.1m1.86m+107%added
SALIX PHARMACEUTICALS INC no ticker–1.8%$88.6m2.19m+4.0%added
MDLZ MONDELEZ INTL INCConsumer Defensive1.7%$84.5m3.32m–new
NBIS NEBIUS GROUP N.V.Communication Services1.6%$78.5m3.64m0.0%held
APC3EUR ANADARKO PETE CORP–1.6%$77.6m1.04m+73%added
SPRINT NEXTEL CORP no ticker–1.6%$77.4m13.65m−62%reduced
GEORGIA GULF CORP no ticker–1.5%$74.1m1.79m+5.9%added
NII HLDGS INC no ticker–1.5%$71.9m10.08m+37%added
TRW AUTOMOTIVE HLDGS CORP no ticker–1.3%$62.0m1.16m+48%added
ILMN ILLUMINA INCHealthcare1.2%$58.2m1.05m–new
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical1.1%$53.1m3.15m+127%added
PII POLARIS INCConsumer Cyclical1.0%$51.5m611,600−37%reduced
EOG EOG Resources IncEnergy1.0%$50.6m418,500+38%added
DNKN DUNKIN BRANDS GROUP INC–1.0%$48.9m1.47m–new
LOW LOWES COS INCConsumer Cyclical1.0%$48.0m1.35m−45%reduced
SHW SHERWIN WILLIAMS COBasic Materials0.9%$45.9m298,700−31%reduced
MPC Marathon Petroleum CorpEnergy0.9%$44.7m709,500+170%added
TV GRUPO TELEVISA S A BCommunication Services0.8%$40.0m1.51m+23%added
WATSON PHARMACEUTICALS INC no ticker–0.7%$36.3m421,968+40%added
NOVEUR NATIONAL OILWELL VARCO INC–0.7%$36.1m527,500+327%added
RIG TRANSOCEAN LTDEnergy0.7%$33.5m751,000−35%reduced
MICHAEL KORS HLDGS LTD no ticker–0.6%$29.8m583,130−70%reduced
TESORO CORP no ticker–0.5%$27.1m614,900–new
QIHOO 360 TECHNOLOGY CO LTD no ticker–0.5%$26.9m907,100–new
GM General Motors CorpConsumer Cyclical0.5%$26.4m914,000–new
YM BIOSCIENCES INC no ticker–0.5%$24.9m8.66m−30%reduced
CORE LABORATORIES N V no ticker–0.5%$24.8m226,750+76%added
QCOM QUALCOMM INCTechnology0.5%$24.6m397,000–new
DFSEUR DISCOVER FINL SVCS–0.4%$21.0m545,300−66%reduced
PXDEUR PIONEER NAT RES CO–0.4%$20.0m188,0000.0%held
CABELAS INC no ticker–0.4%$19.9m475,500–new
EMBJ EMBRAER S.A.Industrials0.3%$15.9m557,130–new
AEM AGNICO EAGLE MINES LTDBasic Materials0.3%$15.7m300,0000.0%held
TRIP TRIPADVISOR INCConsumer Cyclical0.3%$15.3m365,000−47%reduced
METROPCS COMMUNICATIONS INC no ticker–0.3%$15.3m1.54m–new

Exited since Q3 2012

21 rows
AVGO BROADCOM CORP3.7%$184m
VWO VANGUARD INTL EQUITY INDEX F3.3%$166m
UNH UNITEDHEALTH GROUP INC2.5%$122m
HFCUSD HOLLYFRONTIER CORP1.2%$60.3m
EEM ISHARES TR1.1%$56.9m
META META PLATFORMS INC1.1%$52.9m
NEW ORIENTAL ED & TECHNOLOGY no ticker1.0%$48.6m
MARKET VECTORS ETF TR JR GOLD MINERS E no ticker0.5%$24.1m
POWERSHARES QQQ TRUST no ticker0.3%$15.4m
ITUB ITAU UNIBANCO HLDG S A0.3%$15.1m
CMG CHIPOTLE MEXICAN GRILL INC0.3%$14.9m
DEUTSCHE BK AG no ticker0.3%$13.9m
XLF SELECT SECTOR SPDR TR0.2%$10.9m
UBS AG no ticker0.1%$6.7m
CX CEMEX SAB DE CV0.1%$6.5m
EWW ISHARES INC0.1%$5.3m
IBN ICICI BANK LIMITED0.04%$2.1m
TTWO TAKE-TWO INTERACTIVE SOFTWAR0.04%$2.1m
SANTARUS INC no ticker0.04%$1.9m
EPI WISDOMTREE TR0.04%$1.9m
LPL LG DISPLAY CO LTD0.03%$1.3m

Sector mix

  • Unclassified31.5%
  • Financial Services23.3%
  • Technology20.3%
  • Consumer Cyclical12.2%
  • Basic Materials3.8%
  • Energy2.6%
  • Communication Services2.5%
  • Consumer Defensive1.7%
  • Healthcare1.5%
  • Industrials0.3%
  • Real Estate0.2%

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