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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
+12.97%
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
$1.92B
AUM Growth
+$76.7M
(+4.1%)
Cap. Flow
+$144M
Cap. Flow
% of AUM
7.48%
Top 10 Holdings %
Top 10 Hldgs %
43.01%
Holding
115
New
27
Increased
25
Reduced
8
Closed
38
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNDK
Sandisk
SNDK
|
+$104M |
| 2 |
ON Semiconductor
ON
|
+$88.4M |
| 3 |
Micron Technology
MU
|
+$66.9M |
| 4 |
Avis
CAR
|
+$62.6M |
| 5 |
Intercorp Financial Services
IFS
|
+$50.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amkor Technology
AMKR
|
+$103M |
| 2 |
Coherent
COHR
|
+$60.7M |
| 3 |
GDS Holdings
GDS
|
+$49.8M |
| 4 |
Brinker International
EAT
|
+$35.9M |
| 5 |
Take-Two Interactive
TTWO
|
+$35.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.94% |
| 2 | Financials | 19.2% |
| 3 | Communication Services | 15.67% |
| 4 | Materials | 9.56% |
| 5 | Industrials | 7.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
SPDR Gold Trust
GLD
$149B
| $293K | 0.02% |
682
| – | – |
|
77
OneMedNet
ONMD
$34.4M
| $95.4K | 0.01% |
+112,252
| New | +$93.4K |
|
78
ACM Research
ACMR
$5.18B
| – | – |
-296,200
| Closed | -$11.7M |
|
79
Adobe
ADBE
$116B
| – | – |
-37,900
| Closed | -$13.3M |
|
80
Advanced Micro Devices
AMD
$760B
| – | – |
-131,400
| Closed | -$28.1M |
|
|
81
Amkor Technology
AMKR
$11.9B
| – | – |
-2,614,934
| Closed | -$103M |
|
82
Broadcom
AVGO
$1.75T
| – | – |
-83,200
| Closed | -$28.8M |
|
83
Armstrong World Industries
AWI
$7.4B
| – | – |
-118,000
| Closed | -$22.5M |
|
84
Boeing
BA
$166B
| – | – |
-77,000
| Closed | -$16.7M |
|
85
Bloom Energy
BE
$62.1B
| – | – |
-25,000
| Closed | -$2.17M |
|
86
Baidu
BIDU
$32.9B
| – | – |
-75,800
| Closed | -$9.9M |
|
87
Banco Macro
BMA
$4.86B
| – | – |
-49,000
| Closed | -$4.42M |
|
88
Celestica
CLS
$37.7B
| – | – |
-7,400
| Closed | -$2.19M |
|
|
89
Coherent
COHR
$54.7B
| – | – |
-328,837
| Closed | -$60.7M |
|
90
Delta Air Lines
DAL
$52.7B
| – | – |
-167,000
| Closed | -$11.6M |
|
91
Datadog
DDOG
$85.1B
| – | – |
-83,200
| Closed | -$11.3M |
|
92
Domino's
DPZ
$11.6B
| – | – |
-23,700
| Closed | -$9.88M |
|
|
93
Brinker International
EAT
$9.87B
| – | – |
-250,111
| Closed | -$35.9M |
|
94
Establishment Labs
ESTA
$2.11B
| – | – |
-155,275
| Closed | -$11.3M |
|
95
iShares MSCI Mexico ETF
EWW
$1.77B
| – | – |
-105,150
| Closed | -$7.29M |
|
96
Frontline
FRO
$9.84B
| – | – |
-160,100
| Closed | -$3.49M |
|
|
97
GDS Holdings
GDS
$6.69B
| – | – |
-1,428,017
| Closed | -$49.8M |
|
98
GSI Technology
GSIT
$219M
| – | – |
-183,600
| Closed | -$1.14M |
|
99
Lumentum
LITE
$80.3B
| – | – |
-62,400
| Closed | -$23M |
|
100
McDonald's
MCD
$188B
| – | – |
-36,800
| Closed | -$11.2M |
|
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Discovery Capital Management's Q1 2026 Portfolio in Review
As of Q1 2026, Discovery Capital Management held 115 positions worth $1.92B, up 4.1% from $1.85B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Discovery Capital Management deployed $144M of net new capital in Q1 2026, opening 27 new positions and adding to 25 existing holdings. Its largest new stake was Sandisk: 183,700 shares worth $117M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 27% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Iris Energy, an estimated $33.8M trimmed.
- Discovery Capital Management's largest Q1 2026 buy was Sandisk: 183,700 shares worth $117M.
- Discovery Capital Management added most to Micron Technology in Q1 2026, an estimated $66.9M increase.
- Discovery Capital Management's biggest Q1 2026 reduction was Iris Energy, cutting an estimated $33.8M.
- Discovery Capital Management fully exited Amkor Technology in Q1 2026, selling an estimated $103M.
- Discovery Capital Management's ten largest holdings make up 43% of its $1.92B portfolio in Q1 2026.
- Discovery Capital Management opened 27 new positions and closed 38 in Q1 2026.
- Discovery Capital Management's portfolio value rose 4.1% quarter-over-quarter to $1.92B.
Based on Discovery Capital Management's 13F filing for Q1 2026, filed 15 May 2026.