WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q2 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-06-30, filed 2016-08-15

Discovery Capital Management, LLC disclosed 70 US equity positions worth $4.0bn in its Q2 2016 13F filing. Its largest position is BABA at 7.8% of the reported book, followed by AVGO and SPRINT CORPORATION. Versus Q1 2016 it opened 26 new positions, added to 16, reduced 21 and exited 48.

$4.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
70
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.8%
Largest position
The largest single position as a share of the reported equity book.
42.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
34
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 2016: 26 new, 16 added, 21 reduced, 48 exited

50 of 70
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical7.8%$309m3.89m−35%reduced
AVGO BROADCOM LTDTechnology5.0%$197m1.27m−29%reduced
SPRINT CORPORATION no ticker–4.6%$182m40.28m+6.6%added
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical4.4%$172m3.11m+19%added
AMZN AMAZON COM INCConsumer Cyclical4.1%$163m228,437−59%reduced
YPF YPF SOCIEDAD ANONIMAEnergy3.7%$148m7.68m−2.4%reduced
TMUS T-MOBILE US INCCommunication Services3.4%$134m3.11m−18%reduced
WDC WESTERN DIGITAL CORP.Technology3.3%$130m2.76m–new
META META PLATFORMS INCCommunication Services3.3%$130m1.13m−34%reduced
V VISA INCFinancial Services2.9%$114m1.54m+93%added
L-3 COMMUNICATIONS HLDGS INC no ticker–2.8%$112m761,016−2.7%reduced
TWITTER INC no ticker–2.7%$107m119.50m−7.7%reduced
CTRPUSD CTRIP COM INTL LTD–2.5%$100m2.44m+225%added
TWITTER INC no ticker–2.5%$97.2m105.50m0.0%held
CXOEUR CONCHO RES INC–2.3%$90.2m756,512+22%added
AERCAP HOLDINGS NV no ticker–2.3%$89.9m2.68m−28%reduced
HAL HALLIBURTON COEnergy2.2%$85.2m1.88m–new
GDX VANECK ETF TRUST–2.1%$82.0m2.96m–new
WPXUSD WPX ENERGY INC–2.1%$81.3m8.73m–new
GDXJ VANECK ETF TRUST–2.0%$80.4m1.89m–new
XECEUR CIMAREX ENERGY CO–2.0%$79.0m662,064–new
QEP QEP RESOURCES INC–1.7%$68.9m3.91m–new
NBIS NEBIUS GROUP N.V.Communication Services1.6%$65.1m2.98m+406%added
CPE3EUR CALLON PETE CO DEL–1.5%$59.9m5.33m+315%added
FANG DIAMONDBACK ENERGY INCEnergy1.5%$58.1m636,495−31%reduced
HORIZON PHARMA PLC no ticker–1.5%$57.8m3.51m–new
PE1EUR PARSLEY ENERGY INC–1.4%$56.3m2.08m+366%added
BKR BAKER HUGHES INCEnergy1.4%$55.5m1.23m−18%reduced
T MOBILE US INC no ticker–1.4%$55.2m750,0000.0%held
VLRS CONTROLADORA VUELA COMP DE AIndustrials1.4%$54.4m2.91m−1.3%reduced
POT1EUR POTASH CORP SASK INC–1.3%$50.4m3.11m−42%reduced
MNTA MOMENTA PHARMACEUTICALS INC–1.2%$48.6m4.50m0.0%held
PANERA BREAD CO no ticker–1.2%$47.6m224,550−14%reduced
HRG GROUP INC no ticker–1.2%$46.9m3.42m−8.0%reduced
JACK JACK IN THE BOX INCConsumer Cyclical0.9%$36.3m422,903–new
LINKEDIN CORP no ticker–0.9%$33.7m34.00m−51%reduced
WOO FOOT LOCKER INC–0.7%$28.4m517,450–new
SUPV GRUPO SUPERVIELLE S.A.Financial Services0.7%$27.2m2.13m–new
MELI MERCADOLIBREConsumer Cyclical0.7%$26.3m187,182+71%added
PRTY1EUR PARTY CITY HOLDCO INC–0.6%$25.6m1.84m−11%reduced
IBN ICICI BANK LIMITEDFinancial Services0.6%$25.5m3.55m–new
BAP CREDICORP LTDFinancial Services0.6%$24.0m155,631+238%added
WYNN WYNN RESORTS LTDConsumer Cyclical0.6%$22.9m253,000–new
TSU TIM PARTICIPACOES S A–0.5%$21.6m2.05m+281%added
EQT EQT CORPORATIONEnergy0.5%$21.6m279,000–new
NEW ORIENTAL ED & TECHNOLOGY no ticker–0.5%$18.8m449,400+152%added
BIDU BAIDU INCCommunication Services0.4%$17.2m104,272−81%reduced
OLED UNIVERSAL DISPLAY CORPTechnology0.4%$16.4m241,209−49%reduced
RICEEUR RICE ENERGY INC–0.4%$16.1m730,300–new
MO ALTRIA GROUP INCConsumer Defensive0.4%$15.3m221,800–new

Exited since Q1 2016

48 rows
EEM ISHARES TR7.0%$426m
ALLERGAN PLC no ticker2.8%$174m
CVCEUR CABLEVISION SYS CORP2.6%$158m
VWO VANGUARD INTL EQUITY INDEX F2.3%$143m
YOUKU TUDOU INC no ticker2.3%$139m
EWZ ISHARES INC2.0%$122m
HUM HUMANA INC1.9%$118m
ENDO INTL PLC no ticker1.9%$115m
HD HOME DEPOT INC1.8%$108m
FCX FREEPORT MCMORAN INC1.7%$102m
MEDIVATION INC no ticker1.6%$98.8m
TWENTY FIRST CENTY FOX INC no ticker1.6%$96.9m
BOBEUSD BOB EVANS FARMS INC1.4%$85.0m
AAPL APPLE INC1.3%$77.0m
AMAT APPLIED MATLS INC1.2%$74.6m
MARKET VECTORS ETF TR no ticker1.2%$70.7m
TESORO CORP no ticker1.1%$67.8m
WTW WILLIS TOWERS WATSON PLC LTD0.9%$52.3m
CIGNA CORPORATION no ticker0.7%$44.4m
TAL TAL EDUCATION GROUP0.7%$40.6m
PDCEUSD PDC ENERGY INC0.7%$40.4m
FIAT CHRYSLER AUTOMOBILES N no ticker0.6%$38.4m
HDB HDFC BANK LTD0.6%$36.5m
MARKET VECTORS ETF TR no ticker0.5%$33.5m
UAL UNITED AIRLINES HLDGS INC0.5%$32.1m
DNKN DUNKIN BRANDS GROUP INC0.4%$26.9m
MLCO MELCO RESORTS AND ENTMNT LTD0.4%$25.0m
FXI ISHARES TR0.4%$25.0m
WB WEIBO CORP0.4%$24.3m
THS TREEHOUSE FOODS INC0.4%$22.4m
MCD MCDONALDS CORP0.3%$21.0m
RDN RADIAN GROUP INC0.3%$17.1m
SAVEEUR SPIRIT AIRLS INC0.3%$16.3m
TEAM ATLASSIAN CORP PLC0.2%$15.1m
VNET VNET GROUP INC0.2%$14.3m
NEWFIELD EXPL CO no ticker0.2%$10.1m
LVS LAS VEGAS SANDS CORP0.2%$9.8m
MTG MGIC INVT CORP WIS0.1%$9.1m
STNG SCORPIO TANKERS INC0.1%$8.2m
HOUSEUR ANYWHERE REAL ESTATE INC0.1%$8.1m
TECK TECK RESOURCES LTD0.1%$7.1m
U S G CORP no ticker0.08%$5.1m
MGM MGM RESORTS INTERNATIONAL0.08%$5.0m
ESNT ESSENT GROUP LTD0.07%$4.3m
E M C CORP MASS no ticker0.05%$3.3m
SOLARCITY CORP no ticker0.01%$879k
INTELSAT S A no ticker0.01%$520k
UPLEUR ULTRA PETROLEUM CORP0.01%$353k

Sector mix

  • Unclassified47.0%
  • Consumer Cyclical18.8%
  • Energy9.5%
  • Technology8.8%
  • Communication Services8.8%
  • Financial Services5.2%
  • Industrials1.5%
  • Consumer Defensive0.4%

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