WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q2 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-06-30, filed 2020-08-14

Discovery Capital Management, LLC disclosed 52 US equity positions worth $539.3m in its Q2 2020 13F filing. Its largest position is SE at 10.1% of the reported book, followed by TMUS and JD. Versus Q1 2020 it opened 32 new positions, added to 9, reduced 10 and exited 11.

$539m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
52
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
10.1%
Largest position
The largest single position as a share of the reported equity book.
60.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 2020: 32 new, 9 added, 10 reduced, 11 exited

50 of 52
SE SEA LTDConsumer Cyclical10.1%$54.3m506,750+71%added
TMUS T-MOBILE US INCCommunication Services9.5%$51.4m493,955+56%added
JD JD.COM INCConsumer Cyclical7.6%$40.9m679,800–new
IPHI INPHI CORP–6.9%$37.3m317,600–new
TCRT ALAUNOS THERAPEUTICS INCHealthcare5.9%$31.6m9.64m+1.0%added
VNET VNET GROUP INCTechnology5.6%$30.4m1.27m+314%added
AMZN AMAZON COM INCConsumer Cyclical4.4%$23.8m8,633−75%reduced
NBIS NEBIUS GROUP N.V.Communication Services3.5%$18.8m376,711+230%added
JOYY JOYY INCCommunication Services3.3%$17.9m202,700+158%added
ZNGAEUR ZYNGA INC–3.1%$16.9m1.77m−13%reduced
YY INC no ticker–2.6%$13.8m12.50m–new
TRV TRAVELERS COMPANIES INCFinancial Services2.3%$12.3m107,833–new
FIS FIDELITY NATL INFORMATION SVTechnology2.0%$11.0m82,100+74%added
CRWD CROWDSTRIKE HLDGS INCTechnology1.8%$9.7m96,868−52%reduced
VRT VERTIV HOLDINGS COIndustrials1.6%$8.9m654,700–new
FISV FISERV INC–1.6%$8.7m89,600–new
YY INC no ticker–1.5%$8.4m7.50m–new
NVAX NOVAVAX INCHealthcare1.4%$7.8m93,000–new
CALY CALLAWAY GOLF COConsumer Cyclical1.4%$7.7m442,055–new
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services1.4%$7.3m751,183–new
HDB HDFC BANK LTDFinancial Services1.3%$7.0m154,144–new
BMA BANCO MACRO S AFinancial Services1.3%$6.8m367,990–new
MCHP MICROCHIP TECHNOLOGY INC.Technology1.2%$6.5m61,582–new
GOOGL ALPHABET INCCommunication Services1.2%$6.2m4,378+29%added
GH GUARDANT HEALTH INCHealthcare1.1%$6.1m75,000–new
GTM ZOOMINFO TECHNOLOGIES INCTechnology0.9%$5.1m100,000–new
SNAP SNAP INCCommunication Services0.9%$5.0m212,000–new
NVDA NVIDIA CORPORATIONTechnology0.9%$4.9m12,824−85%reduced
PACK RANPAK HOLDINGS CORP–0.9%$4.8m644,028+12%added
HD HOME DEPOT INCConsumer Cyclical0.9%$4.8m19,050−70%reduced
ATVIEUR ACTIVISION BLIZZARD INC–0.8%$4.4m58,246−91%reduced
ANGI ANGI INCCommunication Services0.8%$4.3m351,975–new
PLANUSD ANAPLAN INC–0.8%$4.2m92,282–new
VIAV VIAVI SOLUTIONS INCTechnology0.8%$4.2m327,123−25%reduced
MU MICRON TECHNOLOGY INCTechnology0.6%$3.4m65,360−79%reduced
ASML ASML HLDG NVTechnology0.6%$3.3m9,090−42%reduced
DKNG DRAFTKINGS INCConsumer Cyclical0.6%$3.3m100,000–new
CYH COMMUNITY HEALTH SYS INC NEWHealthcare0.6%$3.3m1.08m0.0%held
RDN RADIAN GROUP INCFinancial Services0.6%$3.1m200,200–new
NXPI NXP SEMICONDUCTORS N VTechnology0.6%$3.1m26,970–new
KWEB KRANESHARES TRUST–0.6%$3.1m49,400–new
CMCSA COMCAST CORP NEWCommunication Services0.6%$3.0m77,625–new
IGV ISHARES TR–0.5%$2.9m10,200–new
AAL AMERICAN AIRLINES GROUP INCIndustrials0.5%$2.8m3.00m–new
IACIEUR IAC INTERACTIVECORP–0.5%$2.8m8,655–new
SABR SABRE CORPTechnology0.5%$2.5m311,060–new
SPLKCHF SPLUNK INC–0.4%$2.3m11,479−77%reduced
PCG PG&E CORPUtilities0.4%$2.3m255,000–new
MTG MGIC INVT CORP WISFinancial Services0.4%$2.1m255,200–new
VRRM VERRA MOBILITY CORPTechnology0.3%$1.6m153,740–new

Exited since Q1 2020

11 rows
GDS GDS HLDGS LTD6.8%$24.7m
GILD GILEAD SCIENCES INC3.7%$13.3m
MSFT MICROSOFT CORP3.5%$12.6m
INTELSAT S A no ticker3.3%$11.9m
FTNT FORTINET INC1.5%$5.5m
SONY SONY GROUP CORP1.1%$3.9m
DT DYNATRACE INC0.7%$2.4m
INTELSAT S A no ticker0.5%$1.7m
ELAN ELANCO ANIMAL HEALTH INC0.2%$896k
MDLA MEDALLIA INC0.2%$802k
PPD INC no ticker0.1%$445k

Sector mix

  • Consumer Cyclical25.0%
  • Unclassified20.3%
  • Communication Services19.8%
  • Technology16.1%
  • Healthcare9.0%
  • Financial Services7.2%
  • Industrials2.2%
  • Utilities0.4%

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