WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q2 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-06-30, filed 2014-08-14

Discovery Capital Management, LLC disclosed 115 US equity positions worth $10.5bn in its Q2 2014 13F filing. Its largest position is AAPL at 5.8% of the reported book, followed by XLE and DOW CHEM CO. Versus Q1 2014 it opened 46 new positions, added to 21, reduced 33 and exited 63.

$10.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
115
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.8%
Largest position
The largest single position as a share of the reported equity book.
37.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
45
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 Q1 2014: 46 new, 21 added, 33 reduced, 63 exited

50 of 115
AAPL APPLE INCTechnology5.8%$610m6.57m–new
XLE SELECT SECTOR SPDR TR–4.7%$493m4.92m–new
DOW CHEM CO no ticker–4.5%$472m9.17m+15%added
MU MICRON TECHNOLOGY INCTechnology4.2%$441m13.39m−27%reduced
SNDK SANDISK CORPTechnology4.1%$431m4.13m−48%reduced
MYLAN INC no ticker–3.6%$380m7.38m+12%added
EOG EOG Resources IncEnergy3.2%$331m2.83m+221%added
CNQ CANADIAN NAT RES LTD MED TEREnergy2.5%$266m5.79m+98%added
ALLIANT TECHSYSTEMS INC no ticker–2.5%$263m1.97m+19%added
MET METLIFE INCFinancial Services2.3%$238m4.28m+34%added
OLED UNIVERSAL DISPLAY CORPTechnology2.1%$223m6.93m0.0%held
TMUS T-MOBILE US INCCommunication Services2.1%$215m6.39m−21%reduced
EBAY EBAY INC.Consumer Cyclical2.0%$208m4.16m−63%reduced
MSFT MICROSOFT CORPTechnology2.0%$204m4.90m–new
FOREST LABS INC no ticker–1.9%$199m2.01m+21%added
NAV NAVISTAR INTL CORP NEW–1.8%$186m4.96m–new
DIS DISNEY WALT COCommunication Services1.7%$173m2.02m−35%reduced
META META PLATFORMS INCCommunication Services1.6%$172m2.56m−6.4%reduced
NOK NOKIA CORPTechnology1.6%$170m22.51m−5.0%reduced
MICHAEL KORS HLDGS LTD no ticker–1.6%$163m1.84m−30%reduced
EEM ISHARES TR–1.5%$160m3.70m–new
FLT1EUR FLEETCOR TECHNOLOGIES INC–1.5%$159m1.21m−9.3%reduced
APC3EUR ANADARKO PETE CORP–1.5%$157m1.43m+49%added
PRU PRUDENTIAL FINL INCFinancial Services1.5%$155m1.74m−34%reduced
YPF YPF SOCIEDAD ANONIMAEnergy1.2%$129m3.95m+86%added
CMA COMERICA INC–1.2%$125m2.49m−31%reduced
HAL HALLIBURTON COEnergy1.2%$122m1.72m–new
WU WESTERN UN COFinancial Services1.2%$121m7.00m–new
AIG American International GroupFinancial Services1.2%$121m2.22m+93%added
DIRECTV no ticker–1.1%$116m1.36m–new
FANG DIAMONDBACK ENERGY INCEnergy1.0%$108m1.21m+85%added
ACTAVIS PLC no ticker–1.0%$106m476,770+3.8%added
ENDO INTL PLC no ticker–1.0%$106m1.52m−9.9%reduced
XOPUSD SPDR SERIES TRUST–1.0%$106m1.29m–new
GPOR GULFPORT ENERGY CORPEnergy1.0%$105m1.68m–new
BIDU BAIDU INCCommunication Services1.0%$99.9m534,600−70%reduced
MTG MGIC INVT CORP WISFinancial Services0.9%$98.0m10.60m0.0%held
PRECISION CASTPARTS CORP no ticker–0.9%$97.2m385,235−21%reduced
MA MASTERCARD INCFinancial Services0.9%$95.1m1.29m–new
VWO VANGUARD INTL EQUITY INDEX F–0.9%$94.9m2.20m–new
GOOGLE INC no ticker–0.9%$94.8m164,737–new
PBR PETROLEO BRASILEIRO S AEnergy0.9%$90.4m6.18m–new
RDN RADIAN GROUP INCFinancial Services0.8%$88.9m6.00m+13%added
XECEUR CIMAREX ENERGY CO–0.8%$86.8m604,800–new
EPI WISDOMTREE TR–0.8%$79.9m3.56m−5.3%reduced
DAL DELTA AIR LINES INCIndustrials0.7%$78.5m2.03m–new
WOO FOOT LOCKER INC–0.7%$69.0m1.36m−68%reduced
DFSEUR DISCOVER FINL SVCS–0.6%$68.0m1.10m–new
AXP AMERICAN EXPRESS COFinancial Services0.6%$66.1m696,600–new
TWXCHF TIME WARNER INC–0.6%$62.9m895,000–new

Exited since Q1 2014

63 rows
LVS LAS VEGAS SANDS CORP3.6%$486m
NKE NIKE INC2.7%$365m
V VISA INC2.2%$288m
TIME WARNER CABLE INC no ticker1.8%$242m
AMZN AMAZON COM INC1.7%$233m
PRICELINE GRP INC no ticker1.7%$226m
LINKEDIN CORP no ticker1.5%$196m
NAVISTAR INTL CORP no ticker1.3%$171m
YOUKU TUDOU INC no ticker1.2%$162m
AMGN AMGEN INC1.2%$158m
ALLERGAN INC no ticker1.2%$155m
18614USD GOLDCORP INC NEW1.2%$155m
VALEANT PHARMACEUTICALS INTL no ticker1.0%$139m
CTSH COGNIZANT TECHNOLOGY SOLUTIO0.9%$124m
CBS CORP NEW no ticker0.9%$123m
MARKET VECTORS ETF TR no ticker0.9%$116m
ABBV ABBVIE INC0.9%$115m
STT STATE STR CORP0.8%$111m
SPRINT CORPORATION no ticker0.7%$97.9m
KEY KEYCORP0.7%$87.1m
PNC PNC FINL SVCS GROUP INC0.6%$85.9m
ARCELORMITTAL SA LUXEMBOURG no ticker0.6%$85.8m
SPLKCHF SPLUNK INC0.6%$84.7m
VIMPELCOM LTD no ticker0.6%$82.7m
URBN URBAN OUTFITTERS INC0.6%$81.1m
SUNTRUST BKS INC no ticker0.6%$78.1m
ZION ZIONS BANCORPORATION NATL AS0.6%$76.6m
TWENTY FIRST CENTY FOX INC no ticker0.5%$70.5m
LNC LINCOLN NATL CORP IND0.4%$55.5m
BFH BREAD FINANCIAL HOLDINGS INC0.4%$52.4m
RF REGIONS FINANCIAL CORP NEW0.4%$51.1m
KRE SPDR SERIES TRUST0.4%$48.5m
GD GENERAL DYNAMICS CORP0.3%$44.2m
AEM AGNICO EAGLE MINES LTD0.3%$42.4m
IR INGERSOLL-RAND PLC0.3%$39.7m
SINA CORP no ticker0.3%$37.5m
HD HOME DEPOT INC0.3%$34.0m
EHTH EHEALTH INC0.2%$31.0m
MALLINCKRODT PUB LTD CO no ticker0.2%$29.4m
CAR AVIS BUDGET GROUP INC0.2%$28.8m
BLMN BLOOMIN BRANDS INC0.2%$27.1m
ASNAEUR ASCENA RETAIL GROUP INC0.2%$26.1m
XOOM CORP no ticker0.2%$24.8m
BBTUSD BB&T CORP0.2%$20.6m
FXI ISHARES TR0.1%$20.0m
KSS KOHLS CORP0.1%$15.9m
EVTC EVERTEC INC0.1%$15.3m
DURATA THERAPEUTICS INC no ticker0.09%$12.6m
YRI YAMANA GOLD INC0.09%$12.6m
NATIONAL GEN HLDGS CORP no ticker0.08%$10.5m

Sector mix

  • Unclassified44.2%
  • Technology20.2%
  • Energy12.0%
  • Financial Services11.0%
  • Communication Services6.7%
  • Consumer Cyclical4.1%
  • Industrials1.2%
  • Consumer Defensive0.3%
  • Healthcare0.2%
  • Basic Materials0.1%

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