WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q3 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-09-30, filed 2015-11-16

Discovery Capital Management, LLC disclosed 106 US equity positions worth $8.7bn in its Q3 2015 13F filing. Its largest position is ALLERGAN PLC at 6.2% of the reported book, followed by BABA and ENDO INTL PLC. Versus Q2 2015 it opened 43 new positions, added to 34, reduced 19 and exited 32.

$8.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
106
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.2%
Largest position
The largest single position as a share of the reported equity book.
34.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
47
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 Q2 2015: 43 new, 34 added, 19 reduced, 32 exited

50 of 106
ALLERGAN PLC no ticker–6.2%$540m1.99m+116%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical4.5%$387m6.57m+0.7%added
ENDO INTL PLC no ticker–3.6%$314m4.53m+62%added
PFE PFIZER INCHealthcare3.5%$303m9.64m–new
AMZN AMAZON COM INCConsumer Cyclical3.1%$267m521,948+716%added
NTES NETEASE COM INCCommunication Services2.9%$251m2.09m+90%added
AAPL APPLE INCTechnology2.8%$246m2.23m−59%reduced
TIME WARNER CABLE INC no ticker–2.7%$231m1.29m−26%reduced
CVCEUR CABLEVISION SYS CORP–2.5%$219m6.74m–new
GOOGLE INC no ticker–2.4%$208m342,342+228%added
BIDU BAIDU INCCommunication Services2.4%$208m1.52m−20%reduced
BIIB BIOGEN INCHealthcare2.3%$204m697,880–new
TMUS T-MOBILE US INCCommunication Services2.3%$200m5.03m+8.6%added
PRGO PERRIGO CO PLCHealthcare2.0%$173m1.10m+144%added
CXOEUR CONCHO RES INC–2.0%$172m1.75m+24%added
YAHOO INC no ticker–1.9%$167m5.78m+139%added
MCD MCDONALDS CORPConsumer Cyclical1.9%$166m1.69m+265%added
FCX FREEPORT MCMORAN INCBasic Materials1.9%$166m17.11m–new
META META PLATFORMS INCCommunication Services1.9%$161m1.79m–new
MEDIVATION INC no ticker–1.8%$160m3.77m+604%added
OLED UNIVERSAL DISPLAY CORPTechnology1.6%$142m4.18m−19%reduced
DLTR DOLLAR TREE INCConsumer Defensive1.6%$136m2.04m+122%added
AERCAP HOLDINGS NV no ticker–1.5%$132m3.44m+38%added
MTG MGIC INVT CORP WISFinancial Services1.3%$114m12.32m0.0%held
SPRINT CORPORATION no ticker–1.2%$102m26.60m–new
HORIZON PHARMA PLC no ticker–1.2%$102m5.13m+22%added
1987351D ACE LTD–1.2%$100m970,000–new
YUM YUM BRANDS INCConsumer Cyclical1.2%$99.9m1.25m–new
QIHOO 360 TECHNOLOGY CO LTD no ticker–1.1%$99.3m2.08m+124%added
MCGRAW HILL FINL INC no ticker–1.1%$98.5m1.14m+3.4%added
BKD BROOKDALE SR LIVING INCHealthcare1.1%$97.1m4.23m+15%added
DAL DELTA AIR LINES INCIndustrials1.1%$95.7m2.13m+335%added
ALLERGAN PLC no ticker–1.1%$94.3m100,0000.0%held
SCHW SCHWAB CHARLES CORPFinancial Services1.1%$94.2m3.30m–new
RDN RADIAN GROUP INCFinancial Services1.0%$90.6m5.69m0.0%held
C CITIGROUP INCFinancial Services1.0%$87.8m1.77m−9.9%reduced
V VISA INCFinancial Services1.0%$87.3m1.25m−73%reduced
FANG DIAMONDBACK ENERGY INCEnergy1.0%$87.2m1.35m+55%added
MSFT MICROSOFT CORPTechnology1.0%$85.5m1.93m–new
FLT1EUR FLEETCOR TECHNOLOGIES INC–0.9%$80.9m587,750+3.9%added
ARMK ARAMARKIndustrials0.9%$80.6m2.72m+22%added
BOBEUSD BOB EVANS FARMS INC–0.9%$80.2m1.85m−2.6%reduced
HEWLETT PACKARD CO no ticker–0.9%$79.6m3.11m–new
YPF YPF SOCIEDAD ANONIMAEnergy0.9%$78.4m5.15m+14%added
MNTA MOMENTA PHARMACEUTICALS INC–0.9%$75.5m4.60m+12%added
FIAT CHRYSLER AUTOMOBILES N no ticker–0.9%$74.3m5.63m+9.8%added
MYLAN NV no ticker–0.8%$72.8m1.81m–new
HDB HDFC BANK LTDFinancial Services0.8%$70.1m1.15m−8.0%reduced
VALEANT PHARMACEUTICALS INTL no ticker–0.7%$63.1m353,645–new
FIAT CHRYSLER AUTOMOBILES N no ticker–0.7%$62.7m52.96m0.0%held

Exited since Q2 2015

32 rows
MGA MAGNA INTL INC1.7%$132m
VIPS VIPSHOP HOLDINGS LIMITED1.6%$122m
SOUFUN HLDGS LTD no ticker0.9%$70.0m
CENTRAL EUROPEAN MEDIA no ticker0.8%$62.6m
MADISON SQUARE GARDEN CO no ticker0.8%$58.1m
YYEUR YY INC0.7%$54.3m
ALLY ALLY FINL INC0.7%$49.7m
ETN EATON CORP PLC0.6%$46.8m
ARIAD PHARMACEUTICALS INC no ticker0.6%$43.9m
SINA CORP no ticker0.6%$41.8m
SOHU SOHU COM INC0.4%$33.6m
BAX BAXTER INTL INC0.4%$30.5m
CIGNA CORPORATION no ticker0.3%$24.0m
AETNA INC NEW no ticker0.3%$23.2m
HUM HUMANA INC0.3%$23.0m
NAVISTAR INTL CORP NEW no ticker0.3%$21.4m
WUBAUSD 58 COM INC0.2%$17.2m
CHINA BIOLOGIC PRODS INC no ticker0.2%$16.1m
UAL UNITED AIRLINES HLDGS INC0.2%$13.2m
BAXTER INTL INC no ticker0.2%$11.9m
WHITING PETE CORP NEW no ticker0.2%$11.8m
SPB SPECTRUM BRANDS HLDGS INC0.1%$11.2m
NFLX NETFLIX INC.0.1%$9.9m
YOUKU TUDOU INC no ticker0.1%$8.8m
RSP PERMIAN INC no ticker0.08%$6.2m
IMPERIAL HLDGS INC no ticker0.07%$5.4m
TRU TRANSUNION0.07%$5.0m
BLACK KNIGHT FINL SVCS INC no ticker0.06%$4.8m
E-COMMERCE CHINA DANGDANG IN no ticker0.04%$2.7m
MAXPOINT INTERACTIVE INC no ticker0.03%$2.4m
ANRZQEUR ALPHA NAT RES INC0.01%$966k
TOKAI PHARMACEUTICALS INC no ticker0.0%$203k

Sector mix

  • Unclassified44.5%
  • Consumer Cyclical14.3%
  • Communication Services9.9%
  • Healthcare8.9%
  • Financial Services6.9%
  • Technology6.0%
  • Industrials3.4%
  • Energy2.4%
  • Basic Materials1.9%
  • Consumer Defensive1.7%

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