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DCM
Discovery Capital Management Portfolio holdings
AUM
$2.41B
1-Year Est. Return
286.33%
This Fund
S&P 500
This Quarter
Est. Return
+15.88%
1 Year Est. Return
+286.33%
3 Year Est. Return
+870.71%
5 Year Est. Return
+1,148.14%
10 Year Est. Return
+8,870.95%
AUM
$661M
AUM Growth
+$98M
(+17%)
Cap. Flow
+$47.5M
Cap. Flow
% of AUM
7.18%
Top 10 Holdings %
Top 10 Hldgs %
57.33%
Holding
63
New
23
Increased
14
Reduced
8
Closed
14
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Mexico ETF
EWW
|
+$26.7M |
| 2 |
Itaú Unibanco
ITUB
|
+$21.4M |
| 3 |
RTX Corp
RTX
|
+$19.6M |
| 4 |
HTZWW
Hertz Global Holdings Warrants
HTZWW
|
+$17.1M |
| 5 |
Adecoagro
AGRO
|
+$14.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$51.8M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$37.1M |
| 3 |
Crocs
CROX
|
+$33.5M |
| 4 |
Pfizer
PFE
|
+$31.7M |
| 5 |
Broadcom
AVGO
|
+$15.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 17.93% |
| 2 | Technology | 17.68% |
| 3 | Miscellaneous | 16.86% |
| 4 | Financials | 11.43% |
| 5 | Communication Services | 10.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Centrus Energy
LEU
$2.9B
| $7.87M | 1.19% |
+144,700
| New | +$7.57M |
|
27
Banco Macro
BMA
$4.89B
| $7.64M | 1.16% |
266,111
+93,211
| +54% | +$2.13M |
|
28
Mercado Libre
MELI
$93.6B
| $7.13M | 1.08% |
+4,535
| New | +$6.43M |
|
29
YPF Sociedad Anonima ADS
YPF
$22.6B
| $6.62M | 1% |
384,879
+21,235
| +6% | +$293K |
|
30
Intercorp Financial Services
IFS
$6B
| $6.41M | 0.97% |
291,869
+70,000
| +32% | +$1.38M |
|
31
Coinbase
COIN
$47.3B
| $5.84M | 0.88% |
+33,596
| New | +$3.67M |
|
32
Wolfspeed
WOLF
$1.23B
| $5.51M | 0.83% |
+126,600
| New | +$4.59M |
|
33
Harmonic Inc
HLIT
$1.27B
| $5.39M | 0.82% |
413,412
-26,000
| -6% | -$278K |
|
34
Celsius Holdings
CELH
$7.02B
| $5.35M | 0.81% |
+98,100
| New | +$5.24M |
|
35
Alibaba
BABA
$274B
| $4.05M | 0.61% |
+52,300
| New | +$4.17M |
|
36
James River Group Holdings
JRVR
$179M
| $3.96M | 0.6% |
+428,524
| New | +$4.92M |
|
37
PagSeguro Digital
PAGS
$2.72B
| $3.94M | 0.6% |
315,600
+2,400
| +0.8% | +$22.1K |
|
38
VanEck Vietnam ETF
VNM
$504M
| $3.79M | 0.57% |
292,957
| – | – |
|
39
Under Armour Class C
UA
$2.11B
| $3.67M | 0.55% |
+439,300
| New | +$3.18M |
|
40
XP
XP
$9.93B
| $3.52M | 0.53% |
+135,100
| New | +$3.08M |
|
41
Banco Bradesco
BBD
$37.2B
| $3.49M | 0.53% |
+996,700
| New | +$3.13M |
|
42
Global X MSCI Argentina ETF
ARGT
$805M
| $3.04M | 0.46% |
+59,200
| New | +$2.66M |
|
43
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$400M
| $3M | 0.45% |
+35,500
| New | +$3.08M |
|
44
FormFactor
FORM
$7.89B
| $2.73M | 0.41% |
65,408
| – | – |
|
45
iShares MSCI India ETF
INDA
$6.45B
| $2.27M | 0.34% |
46,460
| – | – |
|
46
Freedom 100 Emerging Markets ETF
FRDM
$3.44B
| $2M | 0.3% |
60,863
| – | – |
|
47
iShares 7-10 Year Treasury Bond ETF
IEF
$41.4B
| $403K | 0.06% |
+4,181
| New | +$387K |
|
48
Alaunos Therapeutics
TCRT
$3.79M
| $283K | 0.04% |
26,679
-76,400
| -74% | -$920K |
|
49
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.1B
| $219K | 0.03% |
+2,824
| New | +$211K |
|
50
AMC Entertainment Holdings
AMC
$2.24B
| – | – |
-342,003
| Closed | -$2.73M |
|
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Discovery Capital Management's Q4 2023 Portfolio in Review
As of Q4 2023, Discovery Capital Management held 63 positions worth $661M, up 17% from $563M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Discovery Capital Management deployed $47.5M of net new capital in Q4 2023, opening 23 new positions and adding to 14 existing holdings. Its largest new stake was Itaú Unibanco: 4,031,441 shares worth $24.7M.
By sector, the portfolio is most concentrated in Energy at 18% of assets, down from 21% a quarter earlier, followed by Technology and Miscellaneous.
On the sell side, the largest reduction was Vista Energy, an estimated $12M trimmed.
- Discovery Capital Management's largest Q4 2023 buy was Itaú Unibanco: 4,031,441 shares worth $24.7M.
- Discovery Capital Management added most to iShares MSCI Mexico ETF in Q4 2023, an estimated $26.7M increase.
- Discovery Capital Management's biggest Q4 2023 reduction was Vista Energy, cutting an estimated $12M.
- Discovery Capital Management fully exited NVIDIA in Q4 2023, selling an estimated $51.8M.
- Discovery Capital Management's ten largest holdings make up 57% of its $661M portfolio in Q4 2023.
- Discovery Capital Management opened 23 new positions and closed 14 in Q4 2023.
- Discovery Capital Management's portfolio value rose 17% quarter-over-quarter to $661M.
Based on Discovery Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.