WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q1 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-03-31, filed 2013-05-15

Discovery Capital Management, LLC disclosed 57 US equity positions worth $5.1bn in its Q1 2013 13F filing. Its largest position is V at 7.0% of the reported book, followed by LYONDELLBASELL INDUSTRIES NV and LVS. Versus Q4 2012 it opened 15 new positions, added to 20, reduced 15 and exited 22.

$5.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
57
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.0%
Largest position
The largest single position as a share of the reported equity book.
47.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
29
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 2012: 15 new, 20 added, 15 reduced, 22 exited

50 of 57
V VISA INCFinancial Services7.0%$359m2.11m−2.8%reduced
LYONDELLBASELL INDUSTRIES NV no ticker–7.0%$357m5.63m+9.1%added
LVS LAS VEGAS SANDS CORPConsumer Cyclical5.8%$298m5.29m–new
APC3EUR ANADARKO PETE CORP–4.8%$248m2.83m+171%added
PRU PRUDENTIAL FINL INCFinancial Services4.2%$216m3.66m–new
COF CAPITAL ONE FINL CORPFinancial Services3.9%$202m3.67m+7.8%added
CF CF Industries Holdings IncBasic Materials3.8%$196m1.03m+69%added
ALL ALLSTATE CORPFinancial Services3.8%$193m3.94m−9.5%reduced
EBAY EBAY INC.Consumer Cyclical3.5%$180m3.32m−46%reduced
QCOM QUALCOMM INCTechnology3.2%$166m2.48m+525%added
DIRECTV no ticker–3.1%$156m2.76m−26%reduced
MPC Marathon Petroleum CorpEnergy3.0%$155m1.73m+144%added
HERTZ GLOBAL HOLDINGS INC no ticker–2.9%$149m6.68m−11%reduced
NKE NIKE INCConsumer Cyclical2.8%$143m2.43m+31%added
SNDK SANDISK CORPTechnology2.8%$142m2.58m−28%reduced
AXIALL CORP no ticker–2.7%$138m2.22m–new
MDLZ MONDELEZ INTL INCConsumer Defensive2.5%$126m4.11m+24%added
NAV NAVISTAR INTL CORP NEW–2.4%$121m3.49m–new
DFSEUR DISCOVER FINL SVCS–2.3%$117m2.61m+378%added
HCA HCA HEALTHCARE INCHealthcare2.0%$104m2.57m+419%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical1.9%$96.2m4.12m+31%added
TRIP TRIPADVISOR INCConsumer Cyclical1.9%$95.9m1.83m+400%added
TESORO CORP no ticker–1.9%$95.9m1.64m+166%added
DIS DISNEY WALT COCommunication Services1.7%$84.6m1.49m+1653%added
CX CEMEX SAB DE CVBasic Materials1.6%$83.5m7.11m–new
TV GRUPO TELEVISA S A BCommunication Services1.6%$80.8m3.04m+102%added
NBIS NEBIUS GROUP N.V.Communication Services1.4%$73.2m3.16m−13%reduced
EQIX EQUINIX INCReal Estate1.4%$72.4m334,900+509%added
PII POLARIS INCConsumer Cyclical1.4%$70.7m764,100+25%added
HUN HUNTSMAN CORPBasic Materials1.3%$65.0m3.50m–new
WYNN WYNN RESORTS LTDConsumer Cyclical1.1%$55.9m447,000–new
METROPCS COMMUNICATIONS INC no ticker–1.1%$54.4m2.50m+63%added
DNKN DUNKIN BRANDS GROUP INC–1.0%$49.3m1.34m−9.2%reduced
DRI DARDEN RESTAURANTS INCConsumer Cyclical0.8%$40.6m785,000–new
MRK MERCK & CO. INCHealthcare0.7%$36.8m832,800–new
GREEN MTN COFFEE ROASTERS IN no ticker–0.6%$30.6m540,000–new
DENDREON CORP no ticker–0.5%$28.0m5.91m–new
TIBCO SOFTWARE INC no ticker–0.5%$27.3m1.35m–new
MTG MGIC INVT CORP WISFinancial Services0.5%$26.2m5.30m+194%added
SHW SHERWIN WILLIAMS COBasic Materials0.4%$22.5m133,000−55%reduced
RIG TRANSOCEAN LTDEnergy0.4%$20.3m390,100−48%reduced
EMBJ EMBRAER S.A.Industrials0.4%$19.9m557,1300.0%held
LOW LOWES COS INCConsumer Cyclical0.4%$19.7m520,000−61%reduced
MICHAEL KORS HLDGS LTD no ticker–0.4%$19.3m339,500−42%reduced
NEWS CORP no ticker–0.3%$16.0m522,9000.0%held
MNTA MOMENTA PHARMACEUTICALS INC–0.3%$13.6m1.02m–new
AEM AGNICO EAGLE MINES LTDBasic Materials0.2%$12.3m300,0000.0%held
IMPERIAL HLDGS INC no ticker–0.1%$7.1m1.75m0.0%held
DURATA THERAPEUTICS INC no ticker–0.1%$6.8m760,0000.0%held
TRW AUTOMOTIVE HLDGS CORP no ticker–0.1%$6.6m120,800−90%reduced

Exited since Q4 2012

22 rows
AAPL APPLE INC14.5%$716m
JPM JPMORGAN CHASE & CO3.6%$177m
AIG American International Group3.1%$153m
BAC BANK OF AMER CORP2.2%$108m
ORCL ORACLE CORP2.1%$105m
COACH INC no ticker2.1%$104m
SALIX PHARMACEUTICALS INC no ticker1.8%$88.6m
GEORGIA GULF CORP no ticker1.5%$74.1m
NII HLDGS INC no ticker1.5%$71.9m
ILMN ILLUMINA INC1.2%$58.2m
EOG EOG Resources Inc1.0%$50.6m
WATSON PHARMACEUTICALS INC no ticker0.7%$36.3m
NOVEUR NATIONAL OILWELL VARCO INC0.7%$36.1m
QIHOO 360 TECHNOLOGY CO LTD no ticker0.5%$26.9m
GM General Motors Corp0.5%$26.4m
YM BIOSCIENCES INC no ticker0.5%$24.9m
CORE LABORATORIES N V no ticker0.5%$24.8m
PXDEUR PIONEER NAT RES CO0.4%$20.0m
CABELAS INC no ticker0.4%$19.9m
LEAP WIRELESS INTL INC no ticker0.2%$10.4m
PBR/A PETROLEO BRASILEIRO S A0.1%$5.1m
PNC PNC FINL SVCS GROUP INC0.09%$4.4m

Sector mix

  • Unclassified32.5%
  • Consumer Cyclical19.5%
  • Financial Services19.5%
  • Basic Materials7.4%
  • Technology6.0%
  • Communication Services4.7%
  • Energy3.4%
  • Healthcare2.8%
  • Consumer Defensive2.5%
  • Real Estate1.4%
  • Industrials0.4%

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