WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q4 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-12-31, filed 2016-02-16

Discovery Capital Management, LLC disclosed 83 US equity positions worth $7.3bn in its Q4 2015 13F filing. Its largest position is BABA at 11.9% of the reported book, followed by PFE and ENDO INTL PLC. Versus Q3 2015 it opened 32 new positions, added to 17, reduced 25 and exited 55.

$7.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
83
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.9%
Largest position
The largest single position as a share of the reported equity book.
43.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
30
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 Q3 2015: 32 new, 17 added, 25 reduced, 55 exited

50 of 83
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical11.9%$862m10.60m+61%added
PFE PFIZER INCHealthcare6.5%$471m14.59m+51%added
ENDO INTL PLC no ticker–4.6%$337m5.50m+22%added
SCHW SCHWAB CHARLES CORPFinancial Services4.1%$298m9.04m+174%added
MCD MCDONALDS CORPConsumer Cyclical2.9%$211m1.78m+5.6%added
NTES NETEASE COM INCCommunication Services2.8%$201m1.11m−47%reduced
TMUS T-MOBILE US INCCommunication Services2.7%$196m5.02m−0.3%held
TEVA TEVA PHARMACEUTICAL INDS LTDHealthcare2.7%$194m2.96m–new
CVCEUR CABLEVISION SYS CORP–2.5%$181m5.68m−16%reduced
MEDIVATION INC no ticker–2.3%$170m3.52m−6.6%reduced
BIDU BAIDU INCCommunication Services2.3%$166m878,209−42%reduced
YUM YUM BRANDS INCConsumer Cyclical2.2%$161m2.20m+76%added
AMZN AMAZON COM INCConsumer Cyclical2.0%$148m218,495−58%reduced
DLTR DOLLAR TREE INCConsumer Defensive2.0%$146m1.90m−7.2%reduced
AERCAP HOLDINGS NV no ticker–2.0%$145m3.37m−2.2%reduced
MS MORGAN STANLEYFinancial Services1.9%$137m4.30m–new
QIHOO 360 TECHNOLOGY CO LTD no ticker–1.7%$123m1.68m−19%reduced
GOOG ALPHABET INCCommunication Services1.6%$116m153,492–new
SPRINT CORPORATION no ticker–1.6%$115m31.67m+19%added
YPF YPF SOCIEDAD ANONIMAEnergy1.6%$114m7.26m+41%added
BAC BANK OF AMER CORPFinancial Services1.5%$112m6.64m–new
TWITTER INC no ticker–1.5%$109m129.50m–new
OLED UNIVERSAL DISPLAY CORPTechnology1.5%$107m1.96m−53%reduced
L-3 COMMUNICATIONS HLDGS INC no ticker–1.4%$105m875,216–new
AVAGO TECHNOLOGIES LTD no ticker–1.3%$97.8m673,683–new
CXOEUR CONCHO RES INC–1.3%$94.6m1.02m−42%reduced
TWITTER INC no ticker–1.2%$90.1m105.50m–new
GS GOLDMAN SACHS GROUP INCFinancial Services1.2%$85.4m473,700–new
BKD BROOKDALE SR LIVING INCHealthcare1.1%$78.1m4.23m0.0%held
ARMK ARAMARKIndustrials1.1%$77.9m2.42m−11%reduced
MPC Marathon Petroleum CorpEnergy1.1%$77.8m1.50m–new
MTG MGIC INVT CORP WISFinancial Services1.1%$77.4m8.77m−29%reduced
STT STATE STR CORPFinancial Services1.0%$75.1m1.13m–new
YOUKU TUDOU INC no ticker–1.0%$72.7m2.68m–new
BOBEUSD BOB EVANS FARMS INC–1.0%$70.7m1.82m−1.6%reduced
HDB HDFC BANK LTDFinancial Services1.0%$70.6m1.15m0.0%held
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical1.0%$69.0m979,582+248%added
CTRPUSD CTRIP COM INTL LTD–0.9%$68.9m1.49m+836%added
MNTA MOMENTA PHARMACEUTICALS INC–0.9%$66.8m4.50m−2.1%reduced
HUM HUMANA INCHealthcare0.9%$64.7m362,350–new
FIAT CHRYSLER AUTOMOBILES N no ticker–0.9%$61.8m52.96m0.0%held
BKR BAKER HUGHES INCEnergy0.8%$59.9m1.30m–new
RDN RADIAN GROUP INCFinancial Services0.8%$56.9m4.25m−25%reduced
FCX FREEPORT MCMORAN INCBasic Materials0.8%$56.5m8.34m−51%reduced
VLRS CONTROLADORA VUELA COMP DE AIndustrials0.8%$56.0m3.27m+950%added
TIFEUR TIFFANY & CO NEW–0.8%$55.7m729,700–new
T MOBILE US INC no ticker–0.7%$50.8m750,0000.0%held
NKE NIKE INCConsumer Cyclical0.7%$48.0m767,600–new
EPI WISDOMTREE TR–0.6%$44.0m2.21m–new
CIGNA CORPORATION no ticker–0.6%$42.4m290,048–new

Exited since Q3 2015

55 rows
ALLERGAN PLC no ticker6.2%$540m
AAPL APPLE INC2.8%$246m
TIME WARNER CABLE INC no ticker2.7%$231m
GOOGLE INC no ticker2.4%$208m
BIIB BIOGEN INC2.3%$204m
PRGO PERRIGO CO PLC2.0%$173m
YAHOO INC no ticker1.9%$167m
META META PLATFORMS INC1.9%$161m
HORIZON PHARMA PLC no ticker1.2%$102m
1987351D ACE LTD1.2%$100m
MCGRAW HILL FINL INC no ticker1.1%$98.5m
ALLERGAN PLC no ticker1.1%$94.3m
C CITIGROUP INC1.0%$87.8m
MSFT MICROSOFT CORP1.0%$85.5m
FLT1EUR FLEETCOR TECHNOLOGIES INC0.9%$80.9m
HEWLETT PACKARD CO no ticker0.9%$79.6m
FIAT CHRYSLER AUTOMOBILES N no ticker0.9%$74.3m
MYLAN NV no ticker0.8%$72.8m
VALEANT PHARMACEUTICALS INTL no ticker0.7%$63.1m
SBUX STARBUCKS CORP0.7%$61.2m
E M C CORP MASS no ticker0.7%$56.8m
BLMN BLOOMIN BRANDS INC0.6%$51.1m
EOG EOG Resources Inc0.5%$46.7m
BAP CREDICORP LTD0.5%$44.5m
HD HOME DEPOT INC0.5%$39.6m
NEW ORIENTAL ED & TECHNOLOGY no ticker0.4%$34.2m
ROST ROSS STORES INC0.4%$31.8m
JBLU JETBLUE AIRWAYS CORP0.3%$29.3m
CHLUSD CHINA MOBILE LIMITED0.3%$28.5m
NOC NORTHROP GRUMMAN CORP0.3%$28.5m
XECEUR CIMAREX ENERGY CO0.3%$25.2m
ATHM AUTOHOME INC0.3%$24.9m
VMWEUR VMWARE INC0.3%$23.6m
ENERGEN CORP no ticker0.3%$23.2m
PII POLARIS INC0.2%$21.0m
SLCAUSD U S SILICA HLDGS INC0.2%$20.2m
LULU LULULEMON ATHLETICA INC0.2%$18.8m
AAL AMERICAN AIRLINES GROUP INC0.2%$17.7m
GDDY GODADDY INC0.2%$17.5m
VWO VANGUARD INTL EQUITY INDEX F0.2%$16.5m
ACHNEUR ACHILLION PHARMACEUTICALS IN0.2%$14.1m
XHB SPDR SERIES TRUST0.2%$13.9m
MU MICRON TECHNOLOGY INC0.1%$13.0m
PE1EUR PARSLEY ENERGY INC0.1%$11.3m
TSU TIM PARTICIPACOES S A0.1%$11.3m
MLCO MELCO RESORTS AND ENTMNT LTD0.1%$10.8m
RL RALPH LAUREN CORP0.1%$9.7m
ZS PHARMA INC no ticker0.09%$7.7m
DEPOMED INC no ticker0.08%$6.7m
2663134D BITAUTO HLDGS LTD0.07%$6.2m

Sector mix

  • Unclassified31.9%
  • Consumer Cyclical21.2%
  • Financial Services13.0%
  • Healthcare11.6%
  • Communication Services9.7%
  • Energy3.7%
  • Technology2.9%
  • Industrials2.6%
  • Consumer Defensive2.5%
  • Basic Materials1.0%

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