We are live on
!
Find out more
DCM
Discovery Capital Management Portfolio holdings
AUM
$1.92B
1-Year Est. Return
218.96%
This Fund
S&P 500
This Quarter
Est. Return
+13.26%
1 Year Est. Return
+218.96%
3 Year Est. Return
+556.4%
5 Year Est. Return
+606.07%
10 Year Est. Return
+5,733.18%
AUM
$8.44B
AUM Growth
-$553M
(-6.2%)
Cap. Flow
-$1.39B
Cap. Flow
% of AUM
-16.51%
Top 10 Holdings %
Top 10 Hldgs %
40.85%
Holding
146
New
35
Increased
17
Reduced
28
Closed
55
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$316M |
| 2 |
Teva Pharmaceuticals
TEVA
|
+$183M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$182M |
| 4 |
Pfizer
PFE
|
+$164M |
| 5 |
Morgan Stanley
MS
|
+$143M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$540M |
| 2 |
Apple
AAPL
|
+$246M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$231M |
| 4 |
Biogen
BIIB
|
+$204M |
| 5 |
Amazon
AMZN
|
+$191M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 20.44% |
| 2 | Healthcare | 15.04% |
| 3 | Financials | 11.95% |
| 4 | Communication Services | 10.61% |
| 5 | Technology | 7.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Albemarle
ALB
$13.9B
| $14.8M | 0.17% |
+263,367
| New | +$13.6M |
|
77
Diamondback Energy
FANG
$56.2B
| $14M | 0.17% |
208,795
-1,141,667
| -85% | -$84.9M |
|
|
CETV
78
DELISTED
Central European Media Enterprises Ltd
CETV
| $12.6M | 0.15% |
4,696,594
| – | – |
|
79
Southwest Airlines
LUV
$22.3B
| $11.8M | 0.14% |
273,000
-847,000
| -76% | -$37.5M |
|
|
PRTY
80
DELISTED
Party City Holdco Inc.
PRTY
| $9.95M | 0.12% |
770,463
-391,000
| -34% | -$5.62M |
|
81
iShares China Large-Cap ETF
FXI
$4.37B
| $9.74M | 0.12% |
+276,000
| New | +$10.4M |
|
82
Brunswick
BC
$5.18B
| $8.69M | 0.1% |
172,000
+8,000
| +5% | +$413K |
|
83
Willis Towers Watson
WTW
$31.7B
| $8.31M | 0.1% |
64,576
-192,992
| -75% | -$22.9M |
|
84
Banco Macro
BMA
$6.02B
| $8.26M | 0.1% |
+142,066
| New | +$7.74M |
|
85
Ferrari
RACE
$69.9B
| $4.8M | 0.06% |
+100,000
| New | +$4.96M |
|
86
Essent Group
ESNT
$6.12B
| $4.55M | 0.05% |
207,949
| – | – |
|
|
EMG
87
DELISTED
Emergent Capital, Inc.
EMG
| $2.33M | 0.03% |
632,440
-243,408
| -28% | -$1.07M |
|
|
ICA
88
DELISTED
EMPRESAS ICA, S.A. DE C.V. ADS (EA REPTG 4 ORD PART CERT)
ICA
| $770K | 0.01% |
+1,000
| New | +$1.45K |
|
89
American Airlines Group
AAL
$10.2B
| – | – |
-457,000
| Closed | -$17.7M |
|
|
90
Apple
AAPL
$4.9T
| – | – |
-8,925,328
| Closed | -$246M |
|
|
ASRT
91
DELISTED
Assertio
ASRT
| – | – |
-5,946
| Closed | -$6.72M |
|
92
Autohome
ATHM
$2.63B
| – | – |
-765,999
| Closed | -$24.9M |
|
93
Credicorp
BAP
$32B
| – | – |
-418,247
| Closed | -$44.5M |
|
94
Bausch Health
BHC
$2.25B
| – | – |
-353,645
| Closed | -$63.1M |
|
|
95
Biogen
BIIB
$30.7B
| – | – |
-697,880
| Closed | -$204M |
|
96
Bloomin' Brands
BLMN
$759M
| – | – |
-2,810,244
| Closed | -$51.1M |
|
97
Citigroup
C
$222B
| – | – |
-1,768,870
| Closed | -$87.8M |
|
98
Chubb
CB
$135B
| – | – |
-970,000
| Closed | -$100M |
|
99
New Oriental
EDU
$9B
| – | – |
-1,694,333
| Closed | -$34.2M |
|
100
EOG Resources
EOG
$77.5B
| – | – |
-641,500
| Closed | -$46.7M |
|
Similar funds
CC
RCAG
HC
QOP
6CM
HCL
RIL
AAA
Discovery Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Discovery Capital Management held 146 positions worth $8.44B, down 6.2% from $8.99B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Discovery Capital Management withdrew a net $1.39B in Q4 2015, closing 55 positions and reducing 28 holdings. Its most notable exit was Allergan plc, an estimated $540M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Discovery Capital Management opened a new position in Teva Pharmaceuticals worth $194M.
- Discovery Capital Management's largest Q4 2015 buy was Teva Pharmaceuticals: 2,958,200 shares worth $194M.
- Discovery Capital Management added most to Alibaba in Q4 2015, an estimated $316M increase.
- Discovery Capital Management's biggest Q4 2015 reduction was Amazon, cutting an estimated $191M.
- Discovery Capital Management fully exited Allergan plc in Q4 2015, selling an estimated $540M.
- Discovery Capital Management's ten largest holdings make up 41% of its $8.44B portfolio in Q4 2015.
- Discovery Capital Management opened 35 new positions and closed 55 in Q4 2015.
- Discovery Capital Management's portfolio value fell 6.2% quarter-over-quarter to $8.44B.
Based on Discovery Capital Management's 13F filing for Q4 2015, filed 16 Feb 2016.