WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q1 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-03-31, filed 2014-05-15

Discovery Capital Management, LLC disclosed 132 US equity positions worth $13.4bn in its Q1 2014 13F filing. Its largest position is SNDK at 4.8% of the reported book, followed by EBAY and LVS. Versus Q4 2013 it opened 47 new positions, added to 39, reduced 24 and exited 48.

$13.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
132
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.8%
Largest position
The largest single position as a share of the reported equity book.
31.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
55
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 2013: 47 new, 39 added, 24 reduced, 48 exited

50 of 132
SNDK SANDISK CORPTechnology4.8%$646m7.96m−0.4%held
EBAY EBAY INC.Consumer Cyclical4.7%$629m11.39m−10%reduced
LVS LAS VEGAS SANDS CORPConsumer Cyclical3.6%$486m6.02m−31%reduced
MU MICRON TECHNOLOGY INCTechnology3.2%$434m18.33m−21%reduced
DOW CHEM CO no ticker–2.9%$389m8.00m+982%added
NKE NIKE INCConsumer Cyclical2.7%$365m4.95m+1.5%added
GOOGLE INC no ticker–2.6%$343m308,037−40%reduced
MYLAN INC no ticker–2.4%$322m6.59m–new
V VISA INCFinancial Services2.2%$288m1.33m−14%reduced
BIDU BAIDU INCCommunication Services2.1%$275m1.80m+38%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical2.1%$274m7.10m+52%added
TMUS T-MOBILE US INCCommunication Services2.0%$268m8.10m−1.5%reduced
DIS DISNEY WALT COCommunication Services1.9%$250m3.12m+15%added
MICHAEL KORS HLDGS LTD no ticker–1.8%$247m2.64m+55%added
TIME WARNER CABLE INC no ticker–1.8%$242m1.77m+20%added
ALLIANT TECHSYSTEMS INC no ticker–1.8%$234m1.65m+398%added
AMZN AMAZON COM INCConsumer Cyclical1.7%$233m691,401−38%reduced
PRICELINE GRP INC no ticker–1.7%$226m189,769−58%reduced
PRU PRUDENTIAL FINL INCFinancial Services1.7%$224m2.65m+45%added
OLED UNIVERSAL DISPLAY CORPTechnology1.7%$221m6.93m0.0%held
WOO FOOT LOCKER INC–1.5%$200m4.26m−0.3%held
LINKEDIN CORP no ticker–1.5%$196m1.06m–new
CMA COMERICA INC–1.4%$188m3.62m+112%added
NOK NOKIA CORPTechnology1.3%$174m23.70m+159%added
EOG EOG Resources IncEnergy1.3%$173m882,747+21%added
NAVISTAR INTL CORP no ticker–1.3%$171m5.05m–new
MET METLIFE INCFinancial Services1.3%$169m3.19m+35%added
META META PLATFORMS INCCommunication Services1.2%$165m2.74m−70%reduced
YOUKU TUDOU INC no ticker–1.2%$162m5.79m–new
AMGN AMGEN INCHealthcare1.2%$158m1.28m−21%reduced
ALLERGAN INC no ticker–1.2%$155m1.25m–new
18614USD GOLDCORP INC NEW–1.2%$155m6.35m–new
FOREST LABS INC no ticker–1.2%$154m1.67m–new
FLT1EUR FLEETCOR TECHNOLOGIES INC–1.1%$153m1.33m+98%added
VLO VALERO ENERGY CORPEnergy1.1%$146m2.76m+237%added
VALEANT PHARMACEUTICALS INTL no ticker–1.0%$139m1.05m–new
CTSH COGNIZANT TECHNOLOGY SOLUTIOTechnology0.9%$124m2.45m+50%added
MPC Marathon Petroleum CorpEnergy0.9%$124m1.42m+667%added
PRECISION CASTPARTS CORP no ticker–0.9%$123m488,500+0.6%added
CBS CORP NEW no ticker–0.9%$123m1.99m–new
MARKET VECTORS ETF TR no ticker–0.9%$116m4.92m–new
ENDO INTL PLC no ticker–0.9%$116m1.68m–new
ABBV ABBVIE INCHealthcare0.9%$115m2.24m−8.2%reduced
CNQ CANADIAN NAT RES LTD MED TEREnergy0.8%$112m2.93m–new
STT STATE STR CORPFinancial Services0.8%$111m1.59m+32%added
SPRINT CORPORATION no ticker–0.7%$97.9m10.66m–new
ACTAVIS PLC no ticker–0.7%$94.5m459,200–new
MTG MGIC INVT CORP WISFinancial Services0.7%$90.3m10.60m+3.2%added
TOWERS WATSON & CO no ticker–0.7%$90.2m790,500+383%added
KEY KEYCORPFinancial Services0.7%$87.1m6.12m–new

Exited since Q4 2013

48 rows
AAPL APPLE INC6.5%$870m
JPM JPMORGAN CHASE & CO2.3%$302m
WYNN WYNN RESORTS LTD1.7%$233m
C CITIGROUP INC1.6%$214m
NAV NAVISTAR INTL CORP NEW1.4%$193m
DFSEUR DISCOVER FINL SVCS1.3%$167m
GE GENERAL ELECTRIC CO1.0%$137m
NBIS NEBIUS GROUP N.V.0.8%$111m
TESORO CORP no ticker0.6%$85.2m
ALL ALLSTATE CORP0.6%$80.0m
CEMEX SAB DE CV no ticker0.5%$67.8m
CXOEUR CONCHO RES INC0.5%$63.5m
LOW LOWES COS INC0.5%$61.5m
CMCSA COMCAST CORP NEW0.4%$60.0m
YELP YELP INC0.4%$58.6m
ENDO HEALTH SOLUTIONS INC no ticker0.4%$48.8m
VIAB VIACOM INC NEW0.3%$41.7m
LIBERTY GLOBAL PLC no ticker0.3%$40.6m
RCL ROYAL CARIBBEAN CRUISES LTD0.3%$37.9m
KO COCA COLA CO0.2%$31.4m
PBR PETROLEO BRASILEIRO S A0.2%$29.7m
BERYEUR BERRY GLOBAL GROUP INC0.2%$29.1m
PXDEUR PIONEER NAT RES CO0.2%$24.9m
AVIS BUDGET GROUP no ticker0.2%$23.9m
EME EMCOR GROUP INC0.2%$22.7m
YAHOO INC no ticker0.2%$21.8m
PRKS UNITED PARKS & RESORTS INC0.2%$21.6m
BUFFALO WILD WINGS INC no ticker0.2%$21.4m
LIBERTY GLOBAL PLC no ticker0.2%$20.5m
NBHC NATIONAL BK HLDGS CORP0.1%$19.6m
TWXCHF TIME WARNER INC0.1%$17.8m
AEO AMERICAN EAGLE OUTFITTERS IN0.1%$17.4m
FRESH MKT INC no ticker0.1%$16.8m
NBL2EUR NOBLE ENERGY INC0.1%$15.4m
AR ANTERO RESOURCES CORP0.08%$10.5m
PVH PVH CORPORATION0.08%$10.4m
CONSOL ENERGY INC no ticker0.07%$9.1m
DENDREON CORP no ticker0.06%$8.2m
PBR/A PETROLEO BRASILEIRO S A0.06%$7.9m
CRI CARTERS INC0.04%$5.2m
XECEUR CIMAREX ENERGY CO0.02%$3.2m
VEEV VEEVA SYS INC0.02%$3.0m
ENERGEN CORP no ticker0.02%$2.8m
INTERMUNE INC no ticker0.02%$2.7m
CAMELOT INFORMATION SYS INC no ticker0.02%$2.7m
VWO VANGUARD INTL EQUITY INDEX F0.01%$1.5m
ALTISOURCE RESIDENTIAL CORP no ticker0.01%$1.4m
QUNAR CAYMAN IS LTD no ticker0.01%$1.3m

Sector mix

  • Unclassified42.7%
  • Consumer Cyclical17.3%
  • Technology12.4%
  • Financial Services12.0%
  • Communication Services7.2%
  • Energy5.0%
  • Healthcare2.0%
  • Industrials0.9%
  • Basic Materials0.3%
  • Consumer Defensive0.2%

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