Discovery Capital Management 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Discovery Capital Management disclosed 72 US equity positions worth $1.3bn in its Q2 2025 13F filing. The largest position was NBIS at 7.9% of the reported book, followed by AMX and GENI. Against the Q1 2025 filing, it opened 17 new positions, added to 16 and reduced 14 among the top 50 holdings.
What did Discovery Capital Management own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NBIS NEBIUS GROUP N.V. | Communication Services | 7.9% | $100.4m | 1,814,976 | -15% | reduced |
| 2 | AMX AMERICA MOVIL SAB DE CV | 7.5% | $95.0m | 5,293,183 | 100% | added | |
| 3 | GENI GENIUS SPORTS LIMITED | Communication Services | 5.6% | $71.0m | 6,824,743 | 15% | added |
| 4 | IREN IREN LIMITED | Financial Services | 4.7% | $60.5m | 4,150,300 | 55% | added |
| 5 | VIST VISTA ENERGY S.A.B. DE C.V. | Energy | 4.5% | $57.5m | 1,201,817 | 6% | added |
| 6 | CLS CELESTICA INC | Technology | 4.5% | $57.1m | 365,721 | – | new |
| 7 | AMTM AMENTUM HOLDINGS INC | Industrials | 4.3% | $54.3m | 2,299,130 | -13% | reduced |
| 8 | COF CAPITAL ONE FINL CORP | Financial Services | 4.0% | $51.4m | 241,510 | – | new |
| 9 | QXO QXO INC | Industrials | 4.0% | $51.3m | 2,383,838 | – | new |
| 10 | JPM JPMORGAN CHASE & CO. | Financial Services | 3.8% | $48.4m | 166,900 | – | new |
| 11 | TV GRUPO TELEVISA S A B | 3.1% | $39.7m | 18,117,803 | 2% | added | |
| 12 | HDB HDFC BANK LTD | Financial Services | 3.1% | $39.5m | 514,900 | 100% | added |
| 13 | PSN PARSONS CORP DEL | Technology | 2.6% | $32.9m | 458,100 | 40% | added |
| 14 | TTWO TAKE-TWO INTERACTIVE SOFTWAR | Communication Services | 2.5% | $32.0m | 131,807 | 13% | added |
| 15 | FCX FREEPORT-MCMORAN INC | Basic Materials | 2.4% | $30.1m | 694,800 | 108% | added |
| 16 | GEO GEO GROUP INC NEW | Industrials | 2.4% | $30.1m | 1,257,200 | -12% | reduced |
| 17 | YPF YPF SOCIEDAD ANONIMA | Energy | 2.1% | $27.2m | 866,000 | – | new |
| 18 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.1% | $26.2m | 84,100 | 13% | added |
| 19 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 2.0% | $25.2m | 500,000 | -50% | reduced |
| 20 | CX CEMEX SAB DE CV | Basic Materials | 1.9% | $23.7m | 3,416,200 | -2% | reduced |
| 21 | HERTZ GLOBAL HLDGS INC | 1.4% | $17.8m | 4,877,432 | -17% | reduced | |
| 22 | EAT BRINKER INTL INC | Consumer Cyclical | 1.4% | $17.8m | 98,711 | -49% | reduced |
| 23 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.4% | $17.7m | 155,964 | 136% | added |
| 24 | METC RAMACO RES INC | Basic Materials | 1.4% | $17.2m | 1,310,904 | 10% | added |
| 25 | META META PLATFORMS INC | Communication Services | 1.1% | $14.4m | 19,553 | 106% | added |
| 26 | BAP CREDICORP LTD | Financial Services | 1.1% | $14.4m | 64,300 | -2% | reduced |
| 27 | COMP COMPASS INC | Real Estate | 1.1% | $14.3m | 2,273,161 | 0% | held |
| 28 | GLNG GOLAR LNG LTD | Energy | 1.1% | $13.7m | 331,700 | -23% | reduced |
| 29 | CRWV COREWEAVE INC | Technology | 1.0% | $12.5m | 76,900 | – | new |
| 30 | EQT EQT CORP | Energy | 1.0% | $12.5m | 214,000 | – | new |
| 31 | EXE EXPAND ENERGY CORPORATION | Energy | 1.0% | $12.4m | 106,000 | – | new |
| 32 | AR ANTERO RESOURCES CORP | Energy | 0.9% | $11.6m | 287,800 | – | new |
| 33 | RRC RANGE RES CORP | Energy | 0.9% | $11.2m | 274,300 | – | new |
| 34 | SNAP SNAP INC | Communication Services | 0.8% | $10.8m | 1,242,300 | 41% | added |
| 35 | APP APPLOVIN CORP | Communication Services | 0.8% | $9.7m | 27,740 | -4% | reduced |
| 36 | PINS PINTEREST INC | Communication Services | 0.7% | $9.5m | 265,500 | -5% | reduced |
| 37 | NU NU HLDGS LTD | Financial Services | 0.7% | $8.3m | 606,330 | – | new |
| 38 | PRMB PRIMO BRANDS CORPORATION | Consumer Defensive | 0.5% | $6.7m | 225,000 | – | new |
| 39 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.5% | $6.2m | 52,000 | 0% | held |
| 40 | JBS JBS N.V. | Consumer Defensive | 0.5% | $6.1m | 417,700 | – | new |
| 41 | SLM SLM CORP | Financial Services | 0.5% | $5.9m | 179,100 | -14% | reduced |
| 42 | TURKCELL ILETISIM HIZMETLERI | 0.4% | $5.4m | 898,131 | -10% | reduced | |
| 43 | VIK VIKING HOLDINGS LTD | Consumer Cyclical | 0.4% | $5.3m | 100,000 | – | new |
| 44 | CTRN CITI TRENDS INC | Consumer Cyclical | 0.4% | $5.1m | 152,896 | – | new |
| 45 | JAMES RIV GROUP LTD | 0.4% | $4.8m | 819,355 | 7% | added | |
| 46 | VVV VALVOLINE INC | Consumer Cyclical | 0.3% | $4.1m | 109,000 | – | new |
| 47 | FRO FRONTLINE PLC | Energy | 0.3% | $4.1m | 250,000 | 0% | held |
| 48 | ISHARES INC | 0.3% | $4.0m | 127,000 | 326% | added | |
| 49 | VOYAGER TECHNOLOGIES INC | 0.3% | $3.9m | 100,000 | – | new | |
| 50 | ROOT ROOT INC | Financial Services | 0.3% | $3.9m | 30,200 | -10% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.