WhaleCreep

Discovery Capital Management, LLC 13F holdings, Q4 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-12-31, filed 2023-02-14

Discovery Capital Management, LLC disclosed 47 US equity positions worth $674.0m in its Q4 2022 13F filing. Its largest position is HTZ at 15.3% of the reported book, followed by DENUSD and FMX. Versus Q3 2022 it opened 23 new positions, added to 9, reduced 12 and exited 22.

$674m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
47
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.3%
Largest position
The largest single position as a share of the reported equity book.
64.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
17
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 2022: 23 new, 9 added, 12 reduced, 22 exited

47 rows
HTZ HERTZ GLOBAL HLDGS INCIndustrials15.3%$103m6.69m+1.5%added
DENUSD DENBURY INC–9.2%$61.7m709,581−50%reduced
FMX FOMENTO ECONOMICO MEXICANO SConsumer Defensive8.7%$58.9m754,158–new
TMUS T-MOBILE US INCCommunication Services7.0%$46.9m334,712−29%reduced
VIST VISTA ENERGY S.A.B. DE C.V.Energy6.6%$44.7m2.86m+62%added
EWW ISHARES INC–3.9%$26.3m532,487–new
ITA ISHARES TR–3.7%$25.1m224,500+324%added
BAP CREDICORP LTDFinancial Services3.7%$24.8m182,750–new
BA BOEING COIndustrials3.6%$24.6m129,100–new
TV GRUPO TELEVISA S A BCommunication Services2.7%$18.4m4.05m–new
GGAL GRUPO FINANCIERO GALICIA S.AFinancial Services2.6%$17.2m1.77m+4.7%added
EPR EPR PPTYSReal Estate2.1%$14.1m374,885−17%reduced
JNP JUNIPER NETWORKS INC–2.0%$13.5m421,683+158%added
ANET ARISTA NETWORKS INCTechnology1.9%$13.1m108,094−8.5%reduced
SEDG SOLAREDGE TECHNOLOGIES INCTechnology1.9%$12.7m44,884–new
RUN SUNRUN INCTechnology1.8%$12.4m514,900–new
AMXN AMERICA MOVIL SAB DE CV–1.7%$11.7m645,089−56%reduced
PAM PAMPA ENERGIA SAIndustrials1.7%$11.4m355,7460.0%held
YPF YPF SOCIEDAD ANONIMAEnergy1.6%$10.9m1.19m−17%reduced
TCRT ALAUNOS THERAPEUTICS INCHealthcare1.6%$10.5m16.19m+11%added
COMP COMPASS INCReal Estate1.3%$8.6m3.71m−25%reduced
SGML SIGMA LITHIUM CORPORATIONBasic Materials1.2%$8.1m288,300–new
EPI WISDOMTREE TR–1.2%$7.9m243,900–new
NTNX NUTANIX INCTechnology1.1%$7.2m276,317+153%added
BMA BANCO MACRO S AFinancial Services1.0%$7.0m426,472+9.4%added
ROG ROGERS CORPTechnology1.0%$6.8m56,600–new
T AT&T INCCommunication Services1.0%$6.7m362,850–new
2362120D SINCLAIR BROADCAST GROUP INC–0.8%$5.5m351,9000.0%held
INTERCORP FINL SVCS INC no ticker–0.8%$5.2m221,869+11%added
HDB HDFC BANK LTDFinancial Services0.8%$5.2m75,6000.0%held
SAVEEUR SPIRIT AIRLS INC–0.7%$4.8m248,061−64%reduced
PEJ INVESCO EXCHANGE TRADED FD T–0.7%$4.6m126,500–new
ARRY ARRAY TECHNOLOGIES INCTechnology0.7%$4.5m233,900–new
QQQ INVESCO QQQ TR–0.7%$4.4m16,503−45%reduced
EMLC VANECK ETF TRUST–0.6%$4.2m172,779–new
SWKS SKYWORKS SOLUTIONS INCTechnology0.6%$4.1m45,108−33%reduced
QCOM QUALCOMM INCTechnology0.6%$3.9m35,365–new
IGOV ISHARES TR–0.4%$2.4m60,741–new
CRC CALIFORNIA RES CORPEnergy0.3%$2.0m45,863−88%reduced
CRDO CREDO TECHNOLOGY GROUP HOLDITechnology0.2%$1.6m119,800–new
CALX CALIX INCTechnology0.2%$1.6m23,100–new
HLIT HARMONIC INCTechnology0.2%$1.6m119,200–new
EA SERIES TRUST no ticker–0.2%$1.3m46,804–new
RMBS RAMBUS INC DELTechnology0.2%$1.2m34,850–new
EWZ ISHARES INC–0.09%$631k22,570–new
SGHC SUPER GROUP SGHC LIMITEDConsumer Cyclical0.08%$516k171,875−75%reduced
CRVS CORVUS PHARMACEUTICALS INCHealthcare0.07%$466k548,727–new

Exited since Q3 2022

22 rows
BE BLOOM ENERGY CORP4.6%$29.1m
HERTZ GLOBAL HLDGS INC no ticker2.3%$14.6m
SHLS SHOALS TECHNOLOGIES GROUP IN2.2%$14.0m
ENVX ENOVIX CORPORATION1.7%$11.1m
FISV FISERV INC1.6%$10.4m
META META PLATFORMS INC1.4%$8.7m
NOVAQ SUNNOVA ENERGY INTL INC.1.1%$7.0m
LNG CHENIERE ENERGY INC0.8%$5.2m
VNT VONTIER CORPORATION0.7%$4.7m
SOXL DIREXION SHARES ETF TRUST0.6%$4.0m
ZM ZOOM COMMUNICATIONS INC0.6%$3.8m
PCOR PROCORE TECHNOLOGIES INC0.6%$3.7m
LITE LUMENTUM HLDGS INC0.6%$3.6m
IOT SAMSARA INC0.6%$3.6m
NOBL PROSHARES TR0.4%$2.6m
EMB ISHARES TR0.4%$2.5m
LSCC LATTICE SEMICONDUCTOR CORP0.4%$2.3m
BASE COUCHBASE INC0.3%$1.8m
NIKOLA CORP no ticker0.2%$1.5m
RLAY RELAY THERAPEUTICS INC0.1%$698k
TCOM TRIP COM GROUP LTD0.08%$500k
FWRG FIRST WATCH RESTAURANT GROUP0.06%$362k

Sector mix

  • Unclassified26.6%
  • Industrials20.6%
  • Communication Services10.7%
  • Technology10.5%
  • Consumer Defensive8.7%
  • Energy8.6%
  • Financial Services8.0%
  • Real Estate3.4%
  • Healthcare1.6%
  • Basic Materials1.2%
  • Consumer Cyclical0.08%

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