WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q3 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-09-30, filed 2019-11-14

Discovery Capital Management, LLC disclosed 26 US equity positions worth $576.4m in its Q3 2019 13F filing. Its largest position is INTELSAT S A at 25.3% of the reported book, followed by INTELSAT S A and EPI. Versus Q2 2019 it opened 15 new positions, added to 4, reduced 6 and exited 23.

$576m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
26
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
25.3%
Largest position
The largest single position as a share of the reported equity book.
77.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
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 2019: 15 new, 4 added, 6 reduced, 23 exited

26 rows
INTELSAT S A no ticker–25.3%$146m6.40m+8.3%added
INTELSAT S A no ticker–15.1%$86.8m59.00m–new
EPI WISDOMTREE TR–9.4%$54.1m2.27m+265%added
NBIS NEBIUS GROUP N.V.Communication Services5.2%$30.2m861,511−0.5%reduced
YYEUR YY INC–4.7%$27.3m485,141+76%added
TMUS T-MOBILE US INCCommunication Services4.2%$24.3m308,755−59%reduced
SE SEA LTDConsumer Cyclical3.5%$20.3m655,250–new
EEM ISHARES TR–3.5%$19.9m487,800−5.9%reduced
MA MASTERCARD INCFinancial Services3.4%$19.7m72,470–new
VWO VANGUARD INTL EQUITY INDEX F–3.4%$19.6m487,700−66%reduced
IBN ICICI BANK LIMITEDFinancial Services3.2%$18.6m1.53m−41%reduced
TCRT ALAUNOS THERAPEUTICS INCHealthcare3.1%$17.9m4.19m+52%added
UBER UBER TECHNOLOGIES INCTechnology2.2%$12.9m423,652–new
CCJ CAMECO CORPEnergy2.2%$12.7m1.33m−5.5%reduced
ETF MANAGERS TR no ticker–2.0%$11.4m245,040–new
DAY DAYFORCE INC–1.9%$11.1m225,000–new
XAR SPDR SERIES TRUST–1.9%$10.8m101,070–new
PYPL PAYPAL HLDGS INCFinancial Services1.7%$9.8m94,800–new
DDOG DATADOG INCTechnology1.0%$5.9m175,000–new
DT DYNATRACE INCTechnology0.8%$4.6m245,000–new
PACK RANPAK HOLDINGS CORP–0.6%$3.6m600,0000.0%held
GDS GDS HLDGS LTDTechnology0.5%$2.8m70,206–new
PINGUSD PING IDENTITY HLDG CORP–0.4%$2.6m150,000–new
CLVT CLARIVATE PLCTechnology0.3%$1.7m100,000–new
INTERCORP FINL SVCS INC no ticker–0.3%$1.5m36,940–new
LORLUSD LORAL SPACE & COM INC–0.05%$296k7,150–new

Exited since Q2 2019

23 rows
EWZ ISHARES INC12.4%$121m
QCOM QUALCOMM INC7.7%$74.8m
STNE STONECO LTD6.8%$66.4m
FXI ISHARES TR6.2%$60.4m
GOOGL ALPHABET INC4.4%$43.3m
DIS DISNEY WALT CO3.8%$36.7m
GOOG ALPHABET INC3.6%$34.9m
GE GENERAL ELECTRIC CO2.6%$25.5m
XHB SPDR SERIES TRUST2.4%$23.7m
NEW ORIENTAL ED & TECHNOLOGY no ticker1.9%$18.8m
META META PLATFORMS INC1.3%$13.0m
TSLA TESLA INC1.3%$12.8m
LKNCY LUCKIN COFFEE INC1.3%$12.7m
BABA ALIBABA GROUP HLDG LTD1.1%$10.6m
ASHR DBX ETF TR0.9%$9.1m
FTCHQ FARFETCH LTD0.6%$6.2m
REAL THE REALREAL INC0.6%$5.8m
CRWD CROWDSTRIKE HLDGS INC0.6%$5.7m
EMB ISHARES TR0.2%$1.6m
QQQ INVESCO QQQ TR0.09%$840k
EMLC VANECK ETF TRUST0.08%$790k
LYFT LYFT INC0.05%$489k
INVESCO EXCHANGE TRADED FD T no ticker0.03%$327k

Sector mix

  • Unclassified68.5%
  • Communication Services9.5%
  • Financial Services8.3%
  • Technology4.8%
  • Consumer Cyclical3.5%
  • Healthcare3.1%
  • Energy2.2%

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