WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q2 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-06-30, filed 2015-08-14

Discovery Capital Management, LLC disclosed 95 US equity positions worth $7.6bn in its Q2 2015 13F filing. Its largest position is AAPL at 9.0% of the reported book, followed by BABA and BIDU. Versus Q1 2015 it opened 46 new positions, added to 18, reduced 23 and exited 37.

$7.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
95
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.0%
Largest position
The largest single position as a share of the reported equity book.
44.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
33
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 2015: 46 new, 18 added, 23 reduced, 37 exited

50 of 95
AAPL APPLE INCTechnology9.0%$686m5.47m+18%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical7.1%$537m6.52m−26%reduced
BIDU BAIDU INCCommunication Services5.0%$379m1.90m+8.6%added
V VISA INCFinancial Services4.2%$317m4.72m−14%reduced
TIME WARNER CABLE INC no ticker–4.1%$312m1.75m–new
ALLERGAN PLC no ticker–3.7%$280m921,093–new
OLED UNIVERSAL DISPLAY CORPTechnology3.5%$266m5.14m−26%reduced
ENDO INTL PLC no ticker–2.9%$223m2.80m+39%added
VOYA VOYA FINANCIAL INCFinancial Services2.5%$189m4.06m−41%reduced
TMUS T-MOBILE US INCCommunication Services2.4%$180m4.64m−2.5%reduced
CXOEUR CONCHO RES INC–2.1%$161m1.41m+69%added
NTES NETEASE COM INCCommunication Services2.1%$160m1.10m–new
HORIZON PHARMA PLC no ticker–1.9%$146m4.19m+1668%added
MTG MGIC INVT CORP WISFinancial Services1.8%$140m12.32m−3.1%reduced
MGA MAGNA INTL INCConsumer Cyclical1.7%$132m2.35m–new
BKD BROOKDALE SR LIVING INCHealthcare1.7%$128m3.68m+5.4%added
YPF YPF SOCIEDAD ANONIMAEnergy1.6%$124m4.52m+32%added
VIPS VIPSHOP HOLDINGS LIMITEDConsumer Cyclical1.6%$122m5.49m+195%added
AERCAP HOLDINGS NV no ticker–1.5%$114m2.50m–new
MCGRAW HILL FINL INC no ticker–1.5%$111m1.10m0.0%held
C CITIGROUP INCFinancial Services1.4%$109m1.96m−66%reduced
RDN RADIAN GROUP INCFinancial Services1.4%$107m5.69m−5.0%reduced
ALLERGAN PLC no ticker–1.4%$105m100,000–new
BOBEUSD BOB EVANS FARMS INC–1.3%$97.0m1.90m−14%reduced
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical1.3%$96.6m1.47m+32%added
YAHOO INC no ticker–1.3%$95.0m2.42m–new
MNTA MOMENTA PHARMACEUTICALS INC–1.2%$93.4m4.10m+41%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–1.2%$88.3m565,650−33%reduced
PRGO PERRIGO CO PLCHealthcare1.1%$83.0m449,320–new
HDB HDFC BANK LTDFinancial Services1.0%$75.5m1.25m−30%reduced
FIAT CHRYSLER AUTOMOBILES N no ticker–1.0%$74.5m5.13m+35%added
DLTR DOLLAR TREE INCConsumer Defensive1.0%$72.7m920,295−39%reduced
SOUFUN HLDGS LTD no ticker–0.9%$70.0m8.32m–new
ARMK ARAMARKIndustrials0.9%$68.9m2.23m+145%added
FIAT CHRYSLER AUTOMOBILES N no ticker–0.9%$67.4m52.96m0.0%held
FANG DIAMONDBACK ENERGY INCEnergy0.9%$65.5m869,262−30%reduced
ENERGEN CORP no ticker–0.8%$63.2m925,195–new
QIHOO 360 TECHNOLOGY CO LTD no ticker–0.8%$62.8m928,200–new
CENTRAL EUROPEAN MEDIA no ticker–0.8%$62.6m62.50m0.0%held
MEDIVATION INC no ticker–0.8%$61.2m536,000+175%added
MADISON SQUARE GARDEN CO no ticker–0.8%$58.1m696,000+53%added
YYEUR YY INC–0.7%$54.3m781,200–new
GOOGLE INC no ticker–0.7%$54.3m104,300–new
T MOBILE US INC no ticker–0.7%$50.6m750,000−25%reduced
ALLY ALLY FINL INCFinancial Services0.7%$49.7m2.21m+11%added
XECEUR CIMAREX ENERGY CO–0.6%$48.7m441,806–new
ETN EATON CORP PLCIndustrials0.6%$46.8m693,600–new
MCD MCDONALDS CORPConsumer Cyclical0.6%$43.9m462,200–new
ARIAD PHARMACEUTICALS INC no ticker–0.6%$43.9m5.31m−9.2%reduced
CHLUSD CHINA MOBILE LIMITED–0.6%$42.8m667,784–new

Exited since Q1 2015

37 rows
WMT WALMART INC3.5%$292m
ACTAVIS PLC no ticker3.3%$280m
MICHAEL KORS HLDGS LTD no ticker2.3%$192m
NOK NOKIA CORP2.0%$166m
NAV NAVISTAR INTL CORP NEW1.3%$113m
VALEANT PHARMACEUTICALS INTL no ticker1.3%$107m
ACTAVIS PLC no ticker1.2%$101m
EPI WISDOMTREE TR1.2%$99.0m
PBR/A PETROLEO BRASILEIRO S A1.2%$97.7m
MGM MGM RESORTS INTERNATIONAL1.1%$92.1m
PBR PETROLEO BRASILEIRO S A1.0%$86.4m
GT GOODYEAR TIRE & RUBR CO1.0%$83.8m
VMWEUR VMWARE INC1.0%$83.6m
ALL ALLSTATE CORP1.0%$81.3m
KO COCA COLA CO0.9%$75.0m
PANERA BREAD CO no ticker0.8%$69.0m
PRICELINE GRP INC no ticker0.8%$64.9m
M Macy's, Inc0.7%$57.5m
LUV Southwest Airlines Co.0.7%$56.8m
ALB ALBEMARLE CORP0.7%$56.8m
META META PLATFORMS INC0.7%$56.4m
NBL2EUR NOBLE ENERGY INC0.6%$50.7m
MAC MACERICH CO0.5%$45.6m
BAP CREDICORP LTD0.5%$45.3m
JWNUSD NORDSTROM INC0.5%$43.5m
EEM ISHARES TR0.5%$40.1m
VLO VALERO ENERGY CORP0.4%$36.1m
DIS DISNEY WALT CO0.4%$35.8m
CRI CARTERS INC0.4%$35.8m
MA MASTERCARD INC0.4%$35.8m
INTC INTEL CORP0.3%$24.5m
PDCEUSD PDC ENERGY INC0.3%$23.4m
KEURIG GREEN MTN INC no ticker0.3%$22.6m
SIVBEUR SVB FINANCIAL GROUP0.3%$22.3m
VNET VNET GROUP INC0.2%$15.2m
FIVE FIVE BELOW INC0.1%$10.0m
VRA VERA BRADLEY INC0.05%$4.1m

Sector mix

  • Unclassified40.7%
  • Consumer Cyclical13.1%
  • Financial Services13.1%
  • Technology13.0%
  • Communication Services10.4%
  • Healthcare3.5%
  • Industrials2.6%
  • Energy2.5%
  • Consumer Defensive1.1%

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