WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q1 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-03-31, filed 2021-05-17

Discovery Capital Management, LLC disclosed 60 US equity positions worth $720.1m in its Q1 2021 13F filing. Its largest position is NVAX at 8.1% of the reported book, followed by DENUSD and VRT. Versus Q4 2020 it opened 31 new positions, added to 13, reduced 12 and exited 23.

$720m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
60
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.1%
Largest position
The largest single position as a share of the reported equity book.
58.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
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 Q4 2020: 31 new, 13 added, 12 reduced, 23 exited

50 of 60
NVAX NOVAVAX INCHealthcare8.1%$58.7m323,517−34%reduced
DENUSD DENBURY INC–7.7%$55.5m1.16m–new
VRT VERTIV HOLDINGS COIndustrials7.3%$52.6m2.63m−2.5%reduced
INTC INTEL CORPTechnology7.1%$51.3m801,774−34%reduced
FISV FISERV INC–6.2%$44.9m377,400−30%reduced
TCRT ALAUNOS THERAPEUTICS INCHealthcare6.0%$43.4m12.05m+0.5%held
MCHP MICROCHIP TECHNOLOGY INC.Technology5.2%$37.2m239,654−6.7%reduced
VNT VONTIER CORPORATIONTechnology4.8%$34.3m1.13m+154%added
CONX CORP no ticker–3.2%$22.9m2.30m–new
GS GOLDMAN SACHS GROUP INCFinancial Services2.5%$17.9m54,800–new
CPNG COUPANG INCConsumer Cyclical2.3%$16.8m341,000–new
AMXN AMERICA MOVIL SAB DE CV–2.0%$14.3m1.05m−41%reduced
SEAH/U SPORTS ENTERTAINMENT ACQU CO–1.9%$13.9m1.35m0.0%held
META META PLATFORMS INCCommunication Services1.8%$13.1m44,438–new
EPR EPR PPTYSReal Estate1.8%$13.1m280,200–new
ANGI ANGI INCCommunication Services1.8%$12.8m987,839+20%added
UBER UBER TECHNOLOGIES INCTechnology1.7%$11.9m218,886–new
0VVB PARAMOUNT GLOBAL–1.6%$11.2m247,700–new
HUMANCO ACQUISITION CORP no ticker–1.5%$10.6m1.00m0.0%held
MU MICRON TECHNOLOGY INCTechnology1.4%$9.8m111,668+97%added
RIG TRANSOCEAN LTDEnergy1.2%$8.8m2.47m+3.1%added
VISN VISTANCE NETWORKS INCTechnology1.2%$8.3m539,317−77%reduced
GOOGL ALPHABET INCCommunication Services1.1%$8.1m3,920+70%added
AMZN AMAZON COM INCConsumer Cyclical1.1%$8.0m2,575–new
CLNSEUR COLONY CAP INC NEW–1.1%$7.9m1.22m–new
ARRY ARRAY TECHNOLOGIES INCTechnology0.8%$6.0m200,000+167%added
SNOW SNOWFLAKE INCTechnology0.8%$5.7m25,000–new
CHTR CHARTER COMMUNICATIONS INCCommunication Services0.8%$5.7m9,269+0.8%added
CALX CALIX INCTechnology0.8%$5.7m163,525+33%added
PFE PFIZER INCHealthcare0.8%$5.6m155,200–new
CDLX CARDLYTICS INCCommunication Services0.8%$5.5m50,000–new
BILI BILIBILI INCCommunication Services0.7%$5.4m50,000–new
VLRS CONTROLADORA VUELA COMP DE AIndustrials0.7%$5.3m373,300+133%added
ACVA ACV AUCTIONS INCConsumer Cyclical0.7%$5.2m150,000–new
XM1EUR QUALTRICS INTL INC–0.7%$4.9m150,000–new
ASML ASML HLDG NVTechnology0.7%$4.9m7,870–new
PLTR PALANTIR TECHNOLOGIES INCTechnology0.6%$4.7m200,000−96%reduced
SABR SABRE CORPTechnology0.6%$4.6m311,297+48%added
PLANUSD ANAPLAN INC–0.6%$4.5m84,410+32%added
SHLS SHOALS TECHNOLOGIES GROUP INTechnology0.6%$4.3m125,000–new
ZNGAEUR ZYNGA INC–0.6%$4.2m414,424+18%added
TMUS T-MOBILE US INCCommunication Services0.5%$3.9m31,309−56%reduced
ONT MONTROSE ENVIRONMENTAL GROUP–0.5%$3.8m75,0000.0%held
BEPC BROOKFIELD RENEWABLE CORPUtilities0.5%$3.5m75,000–new
DQ DAQO NEW ENERGY CORPTechnology0.4%$3.2m42,700–new
TWTRUSD TWITTER INC–0.4%$3.2m49,975−7.5%reduced
ALGM ALLEGRO MICROSYSTEMS INCTechnology0.4%$3.2m125,000–new
MTCH MATCH GROUP INC NEWCommunication Services0.4%$3.0m22,074–new
BYSI BEYONDSPRING INC–0.4%$3.0m268,303–new
EXMOC EXXON MOBIL CORP–0.4%$2.9m52,800–new

Exited since Q4 2020

23 rows
ACMR ACM RESEARCH INC3.6%$29.1m
IBN ICICI BANK LIMITED3.0%$24.3m
U UNITY SOFTWARE INC3.0%$24.2m
OC Owens Corning Inc2.7%$21.4m
CALY CALLAWAY GOLF CO2.5%$20.1m
JD JD.COM INC2.1%$16.9m
PNC PNC FINL SVCS GROUP INC1.8%$14.2m
ITUB ITAU UNIBANCO HLDG S A1.7%$13.3m
BBD BANCO BRADESCO S A1.2%$10.1m
PACK RANPAK HOLDINGS CORP1.1%$8.7m
FOUR SHIFT4 PMTS INC1.0%$8.3m
AEM AGNICO EAGLE MINES LTD0.9%$7.1m
EWZ ISHARES INC0.7%$6.0m
GRAFUSD VELODYNE LIDAR INC0.5%$4.3m
NOVAQ SUNNOVA ENERGY INTL INC.0.5%$4.0m
RNG RINGCENTRAL INC0.4%$3.0m
CRWD CROWDSTRIKE HLDGS INC0.3%$2.6m
YY INC no ticker0.3%$2.5m
EB4 EVENTBRITE INC0.3%$2.5m
AMRSEUR AMYRIS INC0.3%$2.3m
RDN RADIAN GROUP INC0.3%$2.0m
TSLA TESLA INC0.2%$1.8m
MTG MGIC INVT CORP WIS0.2%$1.6m

Sector mix

  • Unclassified30.2%
  • Technology27.4%
  • Healthcare15.0%
  • Communication Services8.1%
  • Industrials8.0%
  • Consumer Cyclical5.3%
  • Financial Services2.5%
  • Real Estate1.8%
  • Energy1.2%
  • Utilities0.5%

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