Discovery Capital Management 13F holdings, Q1 2026
Holdings as of March 31, 2026 · filings on SEC EDGAR · latest filing →
Discovery Capital Management disclosed 77 US equity positions worth $1.9bn in its Q1 2026 13F filing. The largest position was SNDK at 6.1% of the reported book, followed by AMX and MU. Against the Q4 2025 filing, it opened 15 new positions, added to 24 and reduced 7 among the top 50 holdings.
What did Discovery Capital Management own in Q1 2026? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SNDK SANDISK CORP | Technology | 6.1% | $116.7m | 183,700 | – | new |
| 2 | AMX AMERICA MOVIL SAB DE CV | 5.9% | $113.2m | 4,444,183 | 4% | added | |
| 3 | MU MICRON TECHNOLOGY INC | Technology | 4.8% | $93.3m | 276,050 | 162% | added |
| 4 | ON ON SEMICONDUCTOR CORP | Technology | 4.5% | $87.3m | 1,409,300 | – | new |
| 5 | METC RAMACO RES INC | Basic Materials | 4.4% | $85.2m | 5,511,360 | 0% | held |
| 6 | CAR AVIS BUDGET GROUP INC | Industrials | 4.2% | $80.0m | 548,677 | – | new |
| 7 | TV GRUPO TELEVISA S A B | 3.4% | $65.1m | 22,387,941 | 3% | added | |
| 8 | LRCX LAM RESEARCH CORP | Technology | 3.3% | $63.7m | 298,016 | 96% | added |
| 9 | IREN IREN LIMITED | Financial Services | 3.3% | $62.9m | 1,834,285 | -29% | reduced |
| 10 | JBS JBS N.V. | Consumer Defensive | 3.1% | $60.4m | 3,365,400 | 14% | added |
| 11 | INTERCORP FINL SVCS INC | 2.8% | $53.1m | 1,057,404 | – | new | |
| 12 | VNET VNET GROUP INC | Technology | 2.6% | $50.4m | 6,008,300 | -5% | reduced |
| 13 | COF CAPITAL ONE FINL CORP | Financial Services | 2.5% | $49.0m | 268,810 | 16% | added |
| 14 | ECHO ECHOSTAR CORP | Communication Services | 2.5% | $48.3m | 412,300 | 138% | added |
| 15 | BAP CREDICORP LTD | Financial Services | 2.5% | $47.7m | 140,700 | 71% | added |
| 16 | JPM JPMORGAN CHASE & CO | Financial Services | 2.4% | $45.5m | 154,700 | -32% | reduced |
| 17 | COMP COMPASS INC | Real Estate | 2.3% | $44.4m | 6,072,297 | 97% | added |
| 18 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 2.1% | $40.6m | 869,129 | 36% | added |
| 19 | CX CEMEX SA EURO MTN BE 144A | Basic Materials | 2.1% | $39.8m | 3,474,700 | 12% | added |
| 20 | PPTA PERPETUA RESOURCES CORP | 1.9% | $36.7m | 1,306,700 | 0% | held | |
| 21 | GENI GENIUS SPORTS LIMITED | Communication Services | 1.7% | $33.0m | 7,454,245 | 79% | added |
| 22 | NU NU HLDGS LTD | Financial Services | 1.7% | $32.2m | 2,241,700 | 425% | added |
| 23 | PSN PARSONS CORP DEL | Technology | 1.4% | $27.0m | 499,100 | 0% | held |
| 24 | QXO QXO INC | Industrials | 1.4% | $26.7m | 1,376,090 | 2% | added |
| 25 | PRMB PRIMO BRANDS CORPORATION | Consumer Defensive | 1.4% | $26.4m | 1,399,700 | -19% | reduced |
| 26 | AMZN AMAZON COM INC | Consumer Cyclical | 1.3% | $25.9m | 124,400 | 187% | added |
| 27 | YPF YPF SOCIEDAD ANONIMA | Energy | 1.3% | $24.9m | 538,192 | 99% | added |
| 28 | IBIT ISHARES BITCOIN TRUST ETF | 1.3% | $24.7m | 643,725 | 9332% | added | |
| 29 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 1.3% | $24.4m | 46,600 | – | new |
| 30 | GEO GEO GROUP INC | Industrials | 1.2% | $24.0m | 1,425,900 | 9% | added |
| 31 | VLO VALERO ENERGY CORP | Energy | 1.1% | $21.0m | 85,000 | – | new |
| 32 | APP APPLOVIN CORP | Communication Services | 1.0% | $20.2m | 50,640 | 36% | added |
| 33 | AGRO ADECOAGRO S A | Consumer Defensive | 1.0% | $19.1m | 1,274,217 | 6% | added |
| 34 | LNG CHENIERE ENERGY INC | Energy | 1.0% | $19.1m | 67,400 | – | new |
| 35 | FISV FISERV INC | 0.9% | $17.3m | 309,600 | 19% | added | |
| 36 | BBAR BANCO BBVA ARGENTINA S A | 0.8% | $16.2m | 1,007,500 | 125% | added | |
| 37 | ROST ROSS STORES INC | Consumer Cyclical | 0.8% | $15.5m | 71,600 | – | new |
| 38 | TER TERADYNE INC | Technology | 0.8% | $15.4m | 52,000 | – | new |
| 39 | ISHARES TR | 0.8% | $14.5m | 44,200 | – | new | |
| 40 | GLNG GOLAR LNG LTD | Energy | 0.7% | $14.4m | 266,500 | 39% | added |
| 41 | CHDN CHURCHILL DOWNS INC | Consumer Cyclical | 0.7% | $14.4m | 160,200 | -5% | reduced |
| 42 | PINS PINTEREST INC | Communication Services | 0.7% | $14.2m | 772,924 | 24% | added |
| 43 | RKT ROCKET COS INC | Financial Services | 0.7% | $12.6m | 884,300 | – | new |
| 44 | CLF CLEVELAND-CLIFFS INC NEW | Basic Materials | 0.6% | $12.2m | 1,447,600 | -27% | reduced |
| 45 | MDLN MEDLINE INC | Healthcare | 0.6% | $11.1m | 250,000 | – | new |
| 46 | HERTZ GLOBAL HLDGS INC | 0.6% | $10.7m | 4,675,405 | 0% | held | |
| 47 | NVDA NVIDIA CORPORATION | Technology | 0.5% | $10.0m | 57,200 | – | new |
| 48 | CRM SALESFORCE INC | Technology | 0.5% | $9.2m | 49,500 | – | new |
| 49 | INTU INTUIT | Technology | 0.5% | $9.2m | 21,300 | – | new |
| 50 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.5% | $8.8m | 43,300 | -14% | 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.