WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q4 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-12-31, filed 2017-02-14

Discovery Capital Management, LLC disclosed 97 US equity positions worth $5.9bn in its Q4 2016 13F filing. Its largest position is AMZN at 6.1% of the reported book, followed by SPRINT CORPORATION and IWM. Versus Q3 2016 it opened 59 new positions, added to 18, reduced 18 and exited 38.

$5.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
97
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.1%
Largest position
The largest single position as a share of the reported equity book.
34.5%
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 Q3 2016: 59 new, 18 added, 18 reduced, 38 exited

50 of 97
AMZN AMAZON COM INCConsumer Cyclical6.1%$359m478,182+118%added
SPRINT CORPORATION no ticker–4.4%$257m30.50m+28%added
IWM ISHARES TR–4.4%$255m1.89m–new
HAL HALLIBURTON COEnergy3.3%$193m3.58m–new
V VISA INCFinancial Services3.0%$178m2.29m−5.3%reduced
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical2.9%$172m2.52m−3.8%reduced
AVGO BROADCOM LTDTechnology2.7%$160m904,282−19%reduced
KEL KELLANOVA–2.6%$155m2.10m−36%reduced
DVN DEVON ENERGY CORP NEWEnergy2.6%$153m3.36m–new
BIIB BIOGEN INCHealthcare2.4%$143m504,765+419%added
TMUS T-MOBILE US INCCommunication Services2.3%$133m2.31m+71%added
DAL DELTA AIR LINES INCIndustrials2.1%$126m2.56m–new
NBR NABORS INDUSTRIES LTDEnergy2.1%$124m7.57m–new
TWITTER INC no ticker–1.9%$109m118.50m−0.8%reduced
GOOG ALPHABET INCCommunication Services1.8%$105m135,711–new
CPE3EUR CALLON PETE CO DEL–1.8%$104m6.79m+9.7%added
KRE SPDR SERIES TRUST–1.7%$98.6m1.77m–new
TWITTER INC no ticker–1.7%$98.0m104.50m−0.9%reduced
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical1.6%$95.8m253,825–new
HII HUNTINGTON INGALLS INDS INCIndustrials1.6%$94.3m512,080–new
GS GOLDMAN SACHS GROUP INCFinancial Services1.5%$89.5m373,590–new
LW LAMB WESTON HLDGS INCConsumer Defensive1.5%$86.5m2.29m–new
ETRA E TRADE FINANCIAL CORPHealthcare1.4%$84.2m2.43m+22%added
NBIS NEBIUS GROUP N.V.Communication Services1.4%$80.2m3.99m+69%added
XOPUSD SPDR SERIES TRUST–1.4%$80.0m1.93m–new
XLI SELECT SECTOR SPDR TR–1.4%$80.0m1.28m–new
MGM MGM RESORTS INTERNATIONALConsumer Cyclical1.4%$79.8m2.77m–new
MCD MCDONALDS CORPConsumer Cyclical1.3%$78.2m642,760+2.4%added
RSP PERMIAN INC no ticker–1.3%$78.2m1.75m–new
BAC BANK OF AMER CORPFinancial Services1.3%$76.1m3.44m–new
META META PLATFORMS INCCommunication Services1.3%$73.5m639,096−59%reduced
T MOBILE US INC no ticker–1.2%$70.4m745,000−0.7%reduced
XECEUR CIMAREX ENERGY CO–1.2%$69.7m512,518−36%reduced
BWXT BWX TECHNOLOGIES INCIndustrials1.2%$68.1m1.71m–new
MNTA MOMENTA PHARMACEUTICALS INC–1.1%$67.2m4.47m−0.7%reduced
RTN1USD RAYTHEON CO–1.1%$64.4m453,500–new
STLD STEEL DYNAMICS INCBasic Materials1.1%$62.2m1.75m–new
PE1EUR PARSLEY ENERGY INC–1.0%$61.2m1.74m+101%added
HRG GROUP INC no ticker–1.0%$58.9m3.78m+13%added
OSVEUR VANECK VECTORS ETF TR–0.9%$55.0m1.65m–new
VLRS CONTROLADORA VUELA COMP DE AIndustrials0.9%$53.3m3.54m−18%reduced
SLCAUSD U S SILICA HLDGS INC–0.9%$50.7m894,099+86%added
JACK JACK IN THE BOX INCConsumer Cyclical0.9%$50.2m449,445+89%added
XLF SELECT SECTOR SPDR TR–0.9%$50.0m2.15m–new
MS MORGAN STANLEYFinancial Services0.8%$48.1m1.14m–new
LVS LAS VEGAS SANDS CORPConsumer Cyclical0.8%$48.1m900,253–new
CTRA COTERRA ENERGY INC–0.8%$48.0m2.05m–new
AAPL APPLE INCTechnology0.8%$46.1m397,933−18%reduced
WPXUSD WPX ENERGY INC–0.8%$45.2m3.10m−40%reduced
TS TENARIS S AEnergy0.8%$44.3m1.24m–new

Exited since Q3 2016

38 rows
CTRPUSD CTRIP COM INTL LTD5.0%$229m
PBR PETROLEO BRASILEIRO S A3.2%$146m
ATVIEUR ACTIVISION BLIZZARD INC2.8%$130m
BIDU BAIDU INC2.8%$130m
XBI SPDR SERIES TRUST2.2%$99.4m
PBR/A PETROLEO BRASILEIRO S A2.2%$98.9m
M Macy's, Inc2.1%$94.3m
GDXJ VANECK ETF TRUST1.8%$82.0m
GDX VANECK ETF TRUST1.7%$78.3m
L-3 COMMUNICATIONS HLDGS INC no ticker1.5%$69.6m
MU MICRON TECHNOLOGY INC1.4%$62.1m
GD GENERAL DYNAMICS CORP1.3%$59.9m
BABA ALIBABA GROUP HLDG LTD1.2%$53.6m
AAP ADVANCE AUTO PARTS INC1.1%$52.4m
WDC WESTERN DIGITAL CORP.1.0%$44.0m
ENCANA CORP no ticker1.0%$44.0m
QEP QEP RESOURCES INC0.9%$42.4m
EEM ISHARES TR0.8%$37.5m
EWZ ISHARES INC0.8%$34.9m
CXOEUR CONCHO RES INC0.7%$34.1m
GILD GILEAD SCIENCES INC0.6%$29.0m
UAL UNITED AIRLINES HLDGS INC0.6%$25.7m
PANERA BREAD CO no ticker0.5%$23.9m
NEW ORIENTAL ED & TECHNOLOGY no ticker0.5%$23.6m
PRTY1EUR PARTY CITY HOLDCO INC0.5%$22.3m
AMD ADVANCED MICRO DEVICES INC0.5%$21.4m
MO ALTRIA GROUP INC0.3%$14.0m
NEM NEWMONT CORP0.3%$13.3m
PXDEUR PIONEER NAT RES CO0.3%$12.5m
INCY INCYTE CORP0.3%$11.8m
ROYAL BK OF SCOTLAND PLC no ticker0.2%$9.4m
ROYAL BK OF SCOTLAND PLC no ticker0.2%$9.2m
JMEIUSD JUMEI INTL HLDG LTD0.1%$6.8m
RIG TRANSOCEAN LTD0.1%$5.2m
NOK NOKIA CORP0.09%$4.3m
ELF E L F BEAUTY INC0.04%$2.0m
NTNX NUTANIX INC0.04%$1.9m
TTD THE TRADE DESK INC0.03%$1.5m

Sector mix

  • Unclassified38.3%
  • Consumer Cyclical16.4%
  • Energy12.3%
  • Financial Services9.1%
  • Communication Services6.7%
  • Industrials6.7%
  • Technology4.1%
  • Healthcare3.9%
  • Consumer Defensive1.5%
  • Basic Materials1.1%

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