WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q1 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-03-31, filed 2015-05-15

Discovery Capital Management, LLC disclosed 86 US equity positions worth $8.4bn in its Q1 2015 13F filing. Its largest position is BABA at 8.7% of the reported book, followed by AAPL and BIDU. Versus Q4 2014 it opened 32 new positions, added to 23, reduced 19 and exited 60.

$8.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
86
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.7%
Largest position
The largest single position as a share of the reported equity book.
44.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
35
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 2014: 32 new, 23 added, 19 reduced, 60 exited

50 of 86
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical8.7%$730m8.77m−5.2%reduced
AAPL APPLE INCTechnology6.9%$579m4.65m−41%reduced
BIDU BAIDU INCCommunication Services4.3%$365m1.75m+45%added
V VISA INCFinancial Services4.3%$359m5.49m+666%added
OLED UNIVERSAL DISPLAY CORPTechnology3.9%$324m6.93m0.0%held
C CITIGROUP INCFinancial Services3.5%$298m5.79m+108%added
VOYA VOYA FINANCIAL INCFinancial Services3.5%$297m6.90m+38%added
WMT WALMART INCConsumer Defensive3.5%$292m3.55m–new
ACTAVIS PLC no ticker–3.3%$280m940,218+14%added
MICHAEL KORS HLDGS LTD no ticker–2.3%$192m2.93m−9.2%reduced
ENDO INTL PLC no ticker–2.1%$180m2.01m+3.3%added
NOK NOKIA CORPTechnology2.0%$166m21.93m+0.9%added
TMUS T-MOBILE US INCCommunication Services1.8%$151m4.76m−9.4%reduced
BKD BROOKDALE SR LIVING INCHealthcare1.6%$132m3.49m–new
FLT1EUR FLEETCOR TECHNOLOGIES INC–1.5%$127m843,500−22%reduced
MTG MGIC INVT CORP WISFinancial Services1.5%$122m12.71m+17%added
DLTR DOLLAR TREE INCConsumer Defensive1.5%$122m1.51m−4.6%reduced
MCGRAW HILL FINL INC no ticker–1.4%$114m1.10m–new
NAV NAVISTAR INTL CORP NEW–1.3%$113m3.82m−11%reduced
WHITING PETE CORP NEW no ticker–1.3%$110m3.58m–new
VALEANT PHARMACEUTICALS INTL no ticker–1.3%$107m536,450–new
BAX BAXTER INTL INCHealthcare1.3%$105m1.54m–new
HDB HDFC BANK LTDFinancial Services1.2%$105m1.78m–new
BOBEUSD BOB EVANS FARMS INC–1.2%$102m2.20m0.0%held
ACTAVIS PLC no ticker–1.2%$101m100,000–new
RDN RADIAN GROUP INCFinancial Services1.2%$101m5.99m+19%added
EPI WISDOMTREE TR–1.2%$99.0m4.34m+6.8%added
PBR/A PETROLEO BRASILEIRO S A–1.2%$97.7m16.04m+744%added
CXOEUR CONCHO RES INC–1.1%$96.6m833,073+5454%added
FANG DIAMONDBACK ENERGY INCEnergy1.1%$94.8m1.23m−6.8%reduced
YPF YPF SOCIEDAD ANONIMAEnergy1.1%$93.7m3.41m+193%added
MGM MGM RESORTS INTERNATIONALConsumer Cyclical1.1%$92.1m4.38m–new
AMZN AMAZON COM INCConsumer Cyclical1.1%$89.6m240,800–new
PBR PETROLEO BRASILEIRO S AEnergy1.0%$86.4m14.38m–new
GT GOODYEAR TIRE & RUBR COConsumer Cyclical1.0%$83.8m3.10m+18%added
VMWEUR VMWARE INC–1.0%$83.6m1.02m+49%added
ALL ALLSTATE CORPFinancial Services1.0%$81.3m1.14m–new
KO COCA COLA COConsumer Defensive0.9%$75.0m1.85m−17%reduced
FIAT CHRYSLER AUTOMOBILES N no ticker–0.9%$73.1m52.96m–new
PANERA BREAD CO no ticker–0.8%$69.0m431,458+34%added
PRICELINE GRP INC no ticker–0.8%$64.9m55,785–new
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical0.8%$64.1m1.11m–new
CENTRAL EUROPEAN MEDIA no ticker–0.7%$62.9m62.50m0.0%held
FIAT CHRYSLER AUTOMOBILES N no ticker–0.7%$62.0m3.80m−42%reduced
T MOBILE US INC no ticker–0.7%$58.7m1.00m0.0%held
M Macy's, IncConsumer Cyclical0.7%$57.5m886,200–new
LUV Southwest Airlines Co.Industrials0.7%$56.8m1.28m−5.3%reduced
ALB ALBEMARLE CORPBasic Materials0.7%$56.8m1.07m+109%added
META META PLATFORMS INCCommunication Services0.7%$56.4m686,000–new
VIPS VIPSHOP HOLDINGS LIMITEDConsumer Cyclical0.7%$54.8m1.86m−55%reduced

Exited since Q4 2014

60 rows
SNDK SANDISK CORP2.9%$274m
MU MICRON TECHNOLOGY INC2.5%$233m
ALLIANT TECHSYSTEMS INC no ticker2.4%$232m
PRU PRUDENTIAL FINL INC2.1%$203m
EOG EOG Resources Inc2.0%$192m
PRECISION CASTPARTS CORP no ticker1.5%$144m
AAL AMERICAN AIRLINES GROUP INC1.5%$143m
EWZ ISHARES INC1.2%$109m
KRE SPDR SERIES TRUST1.1%$102m
IYT ISHARES TR1.0%$99.3m
APC3EUR ANADARKO PETE CORP1.0%$97.6m
MET METLIFE INC0.9%$87.5m
XECEUR CIMAREX ENERGY CO0.9%$85.3m
TIME WARNER CABLE INC no ticker0.8%$75.3m
NXPI NXP SEMICONDUCTORS N V0.7%$64.9m
MYLAN INC no ticker0.7%$63.5m
ICE INTERCONTINENTAL EXCHANGE IN0.7%$62.9m
TOWERS WATSON & CO no ticker0.6%$61.1m
DKS DICKS SPORTING GOODS INC0.6%$59.4m
EBAY EBAY INC.0.6%$57.9m
SALIX PHARMACEUTICALS INC no ticker0.6%$56.0m
AVAL GRUPO AVAL ACCIONES Y VALORE0.6%$52.7m
YAHOO INC no ticker0.5%$45.5m
CNQ CANADIAN NAT RES LTD MED TER0.5%$45.4m
BBY BEST BUY INC0.4%$42.1m
NKE NIKE INC0.4%$40.5m
VWO VANGUARD INTL EQUITY INDEX F0.4%$40.0m
ETRA E TRADE FINANCIAL CORP0.4%$39.5m
CMA COMERICA INC0.4%$38.2m
6PM PARAMOUNT GROUP INC0.4%$37.9m
HRB BLOCK H & R INC0.4%$34.5m
SINA CORP no ticker0.4%$34.1m
LIBERTY INTERACTIVE CORP no ticker0.4%$34.1m
XOPUSD SPDR SERIES TRUST0.3%$25.4m
CTB COOPER TIRE & RUBR CO0.3%$25.3m
LIONS GATE ENTMNT CORP no ticker0.3%$23.9m
TUMI HLDGS INC no ticker0.2%$21.4m
JPM JPMORGAN CHASE & CO0.2%$21.4m
POST POST HLDGS INC0.2%$20.6m
XLB SELECT SECTOR SPDR TR0.2%$15.4m
ITUB ITAU UNIBANCO HLDG S A0.2%$14.8m
WALTER INVT MGMT CORP no ticker0.2%$14.7m
BBD BANCO BRADESCO S A0.2%$14.4m
ODPEUR OFFICE DEPOT INC0.1%$13.4m
CHICAGO BRIDGE & IRON CO N V no ticker0.1%$12.7m
ADSK AUTODESK INC0.1%$11.6m
FMSA HLDGS INC no ticker0.1%$11.2m
OI S.A. no ticker0.1%$10.9m
OI S.A. no ticker0.1%$9.7m
MHK MOHAWK INDS INC0.1%$9.6m

Sector mix

  • Unclassified32.0%
  • Financial Services17.7%
  • Consumer Cyclical14.5%
  • Technology13.2%
  • Communication Services7.2%
  • Consumer Defensive5.8%
  • Energy3.7%
  • Healthcare2.8%
  • Industrials1.8%
  • Basic Materials0.7%
  • Real Estate0.5%

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