WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q2 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-06-30, filed 2017-08-14

Discovery Capital Management, LLC disclosed 49 US equity positions worth $3.8bn in its Q2 2017 13F filing. Its largest position is BTU at 13.9% of the reported book, followed by AMD and SPRINT CORPORATION. Versus Q1 2017 it opened 14 new positions, added to 16, reduced 15 and exited 55.

$3.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
49
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.9%
Largest position
The largest single position as a share of the reported equity book.
53.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
22
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 2017: 14 new, 16 added, 15 reduced, 55 exited

49 rows
BTU PEABODY ENERGY CORPEnergy13.9%$536m21.92m–new
AMD ADVANCED MICRO DEVICES INCTechnology6.3%$243m19.49m+72%added
SPRINT CORPORATION no ticker–5.7%$219m26.63m−10%reduced
XLNXEUR XILINX INC–5.6%$216m3.36m+5.6%added
EMB ISHARES TR–4.3%$166m1.45m–new
AMZN AMAZON COM INCConsumer Cyclical3.7%$143m148,033−21%reduced
MU MICRON TECHNOLOGY INCTechnology3.7%$142m4.76m+5.6%added
WDC WESTERN DIGITAL CORP.Technology3.6%$140m1.58m+99%added
AVGO BROADCOM LTDTechnology3.4%$129m555,282+89%added
STZ CONSTELLATION BRANDS INCConsumer Defensive3.0%$114m588,958+62%added
HII HUNTINGTON INGALLS INDS INCIndustrials2.8%$107m576,347+82%added
NBIS NEBIUS GROUP N.V.Communication Services2.6%$98.6m3.76m−24%reduced
EPI WISDOMTREE TR–2.5%$95.5m3.90m+113%added
QUINTILES IMS HOLDINGS INC no ticker–2.5%$95.2m1.06m–new
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical1.9%$74.5m528,900–new
V VISA INCFinancial Services1.9%$73.9m788,427−66%reduced
T MOBILE US INC no ticker–1.9%$73.5m745,0000.0%held
PBR PETROLEO BRASILEIRO S AEnergy1.8%$70.8m8.87m+186%added
M Macy's, IncConsumer Cyclical1.7%$66.7m2.87m+239%added
BWXT BWX TECHNOLOGIES INCIndustrials1.7%$66.5m1.37m−47%reduced
SLM SLM CORPFinancial Services1.7%$66.0m5.74m+93%added
C CITIGROUP INCFinancial Services1.7%$65.1m973,600–new
META META PLATFORMS INCCommunication Services1.7%$64.5m427,100–new
RSP PERMIAN INC no ticker–1.6%$63.0m1.95m−1.2%reduced
YPF YPF SOCIEDAD ANONIMAEnergy1.5%$58.0m2.65m–new
PE1EUR PARSLEY ENERGY INC–1.5%$56.1m2.02m−32%reduced
VLRS CONTROLADORA VUELA COMP DE AIndustrials1.3%$51.7m3.55m+0.3%held
ESPREUR ESPERION THERAPEUTICS INC NE–1.2%$44.7m965,059+153%added
GOOG ALPHABET INCCommunication Services1.1%$43.6m48,000−65%reduced
WPXUSD WPX ENERGY INC–1.1%$42.1m4.36m−48%reduced
XLF SELECT SECTOR SPDR TR–1.1%$40.5m1.64m+29%added
ARCH CAP GROUP LTD no ticker–1.0%$38.6m414,231+89%added
MCD MCDONALDS CORPConsumer Cyclical0.9%$36.2m236,398−51%reduced
PBR/A PETROLEO BRASILEIRO S A–0.9%$33.6m4.50m+208%added
BID1EUR SOTHEBYS–0.8%$29.4m546,990–new
CPE3EUR CALLON PETE CO DEL–0.7%$25.6m2.41m−57%reduced
CHTR CHARTER COMMUNICATIONS INCCommunication Services0.7%$25.3m75,000–new
MNTA MOMENTA PHARMACEUTICALS INC–0.5%$20.8m1.23m−59%reduced
SLCAUSD U S SILICA HLDGS INC–0.5%$20.4m573,441−58%reduced
INTELSAT S A no ticker–0.5%$19.4m6.34m0.0%held
BSBR BANCO SANTANDER BRASIL S AFinancial Services0.5%$18.7m2.48m–new
SUPV GRUPO SUPERVIELLE S.A.Financial Services0.5%$18.1m1.00m+11%added
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services0.4%$17.2m403,630–new
TMUS T-MOBILE US INCCommunication Services0.4%$15.2m251,486−78%reduced
BMA BANCO MACRO S AFinancial Services0.4%$14.8m161,000–new
OPTU OPTIMUM COMMUNICATIONS INCCommunication Services0.4%$14.5m450,000–new
CENTRAL EUROPEAN MEDIA ENTRP no ticker–0.4%$14.2m3.56m−28%reduced
WB WEIBO CORPCommunication Services0.3%$13.2m199,000–new
RAMACO RES INC no ticker–0.1%$4.7m776,0000.0%held

Exited since Q1 2017

55 rows
CRM SALESFORCE INC2.9%$149m
ETRA E TRADE FINANCIAL CORP2.8%$142m
STT STATE STR CORP2.6%$132m
TWITTER INC no ticker2.1%$108m
DVN DEVON ENERGY CORP NEW2.1%$106m
TWITTER INC no ticker1.9%$98.3m
NBR NABORS INDUSTRIES LTD1.9%$97.3m
MRK MERCK & CO. INC1.8%$93.2m
GD GENERAL DYNAMICS CORP1.8%$92.2m
FANG DIAMONDBACK ENERGY INC1.8%$90.2m
CYEUR CYPRESS SEMICONDUCTOR CORP1.8%$89.8m
XOPUSD SPDR SERIES TRUST1.7%$88.3m
RTN1USD RAYTHEON CO1.7%$84.6m
LVS LAS VEGAS SANDS CORP1.5%$77.0m
HRG GROUP INC no ticker1.4%$73.1m
MGM MGM RESORTS INTERNATIONAL1.3%$68.3m
KEY KEYCORP1.2%$62.1m
SNAP SNAP INC1.2%$61.8m
HAL HALLIBURTON CO1.1%$54.4m
GS GOLDMAN SACHS GROUP INC1.0%$50.4m
TRGP TARGA RES CORP0.9%$47.6m
TS TENARIS S A0.8%$42.3m
DKS DICKS SPORTING GOODS INC0.8%$41.4m
INTC INTEL CORP0.8%$41.3m
WYNN WYNN RESORTS LTD0.7%$34.6m
PXDEUR PIONEER NAT RES CO0.6%$30.5m
ICE INTERCONTINENTAL EXCHANGE IN0.5%$26.8m
BAP CREDICORP LTD0.5%$25.5m
SIVBEUR SVB FINANCIAL GROUP0.5%$25.4m
DISH DISH NETWORK CORPORATION0.5%$25.3m
BASEUR BASIC ENERGY SVCS INC NEW0.5%$25.2m
FAIRMOUNT SANTROL HLDGS INC no ticker0.5%$23.3m
LW LAMB WESTON HLDGS INC0.4%$22.9m
CJ1EUR C&J ENERGY SVCS INC NEW0.4%$19.0m
PPG PPG INDS INC0.4%$18.3m
PUMP PROPETRO HLDG CORP0.4%$18.0m
CITUSD CIT GROUP INC0.3%$14.7m
FHB FIRST HAWAIIAN INC0.3%$13.5m
WIX WIX COM LTD0.3%$13.2m
CDEVEUR CENTENNIAL RESOURCE DEV INC0.2%$12.5m
ENERGY XXI GULF COAST INC no ticker0.2%$9.6m
MGIC INVT CORP WIS no ticker0.1%$7.2m
MS MORGAN STANLEY0.1%$7.2m
IBN ICICI BANK LIMITED0.1%$5.2m
SCHW SCHWAB CHARLES CORP0.1%$5.2m
VALEANT PHARMACEUTICALS INTL no ticker0.10%$5.1m
TWTRUSD TWITTER INC0.09%$4.5m
IBERIABANK CORP no ticker0.07%$3.7m
SND SMART SAND INC0.05%$2.6m
GUARANTY BANCORP DEL no ticker0.04%$2.1m

Sector mix

  • Unclassified34.3%
  • Energy17.3%
  • Technology17.0%
  • Consumer Cyclical8.3%
  • Communication Services7.1%
  • Financial Services7.1%
  • Industrials5.9%
  • Consumer Defensive3.0%

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