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
+6.75%
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
$1.85B
AUM Growth
+$24.5M
Cap. Flow
+$219M
Cap. Flow %
11.83%
Top 10 Hldgs %
40.35%
Holding
121
New
35
Increased
27
Reduced
20
Closed
33

Top Buys

Rank Stock Value
1
AMKR icon
Amkor Technology
AMKR
+$93.1M
2
COHR icon
Coherent
COHR
+$49.2M
3
VNET
VNET Group
VNET
+$43.6M
4
JBS
JBS N.V.
JBS
+$33.8M
5
GGAL icon
Galicia Financial Group
GGAL
+$30M

Top Sells

Rank Stock Value
1
GDLC
Grayscale CoinDesk Crypto 5 ETF
GDLC
+$66.5M
2
VIST icon
Vista Energy
VIST
+$40.7M
3
IREN icon
Iris Energy
IREN
+$40.4M
4
CLS icon
Celestica
CLS
+$34.7M
5
ELV icon
Elevance Health
ELV
+$27.3M

Sector Composition

Rank Sector Weight
1 Technology 26.57%
2 Communication Services 19.05%
3 Financials 18.56%
4 Materials 10.97%
5 Industrials 7.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IR icon
101
Ingersoll Rand
IR
$34.9B
– –
-123,000
Closed -$10.2M
JBL icon
102
Jabil
JBL
$36.1B
– –
-97,700
Closed -$21.2M
LBRT icon
103
Liberty Energy
LBRT
$3.18B
– –
-904,200
Closed -$11.2M
MSOS icon
104
AdvisorShares Pure US Cannabis ETF
MSOS
$816M
– –
-1,425,000
Closed -$6.83M
ONMD icon
105
OneMedNet
ONMD
$38.6M
– –
-2,301,791
Closed -$2.51M
PCG icon
106
PG&E
PCG
$38B
– –
-336,700
Closed -$5.08M
PHM icon
107
Pultegroup
PHM
$25.4B
– –
-68,200
Closed -$9.01M
RGC icon
108
Regencell Bioscience
RGC
$2.86B
– –
-46,166
Closed -$713K
TIP icon
109
iShares TIPS Bond ETF
TIP
$14.5B
– –
-9,001
Closed -$1M
TKC icon
110
Turkcell
TKC
$4.72B
– –
-1,123,037
Closed -$6.76M
USO icon
111
United States Oil Fund
USO
$1.78B
– –
-4,526
Closed -$334K
VIST icon
112
Vista Energy
VIST
$7.16B
– –
-1,184,578
Closed -$40.7M
VVV icon
113
Valvoline
VVV
$4.69B
– –
-80,300
Closed -$2.88M
XHB icon
114
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
– –
-26,700
Closed -$2.96M
XLU icon
115
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
– –
-7,644
Closed -$333K
SEI
116
Solaris Energy Infrastructure
SEI
$3.45B
– –
-569,200
Closed -$22.8M
AMTM
117
Amentum Holdings
AMTM
$5.74B
– –
-1,139,112
Closed -$27.3M
ONEG
118
OneConstruction Group
ONEG
$16.6M
– –
-15,000
Closed -$170K
EPSM
119
Epsium Enterprise
EPSM
$19.2M
– –
-154,108
Closed -$1.65M
FIGR
120
Figure Technology Solutions
FIGR
$6.37B
– –
-55,000
Closed -$2M
LGN
121
Legence Corp
LGN
$5.17B
– –
-50,000
Closed -$1.54M
1 2 3 4
5

Similar funds

CC
Clearline Capital New York $1.93B AUM 38.13% 1-Year Est. Return
RCAG
Rehmann Capital Advisory Group Lansing, Michigan $1.92B AUM 16.97% 1-Year Est. Return
HC
Hamilton Capital Columbus, Ohio $1.93B AUM
QOP
Quinn Opportunity Partners Charlottesville, Virginia $1.92B AUM 31.26% 1-Year Est. Return
6CM
683 Capital Management New York $1.92B AUM 85.52% 1-Year Est. Return
HCL
Heard Capital LLC Chicago, Illinois $1.93B AUM 21.66% 1-Year Est. Return
RIL
Rothschild Investment LLC Chicago, Illinois $1.91B AUM 24.37% 1-Year Est. Return
AAA
Affinity Asset Advisors New York $1.94B AUM 374.45% 1-Year Est. Return

Discovery Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Discovery Capital Management held 121 positions worth $1.85B, up 1.3% from $1.82B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Discovery Capital Management deployed $219M of net new capital in Q4 2025, opening 35 new positions and adding to 27 existing holdings. Its largest new stake was Amkor Technology: 2,614,934 shares worth $103M.

By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 9.7% a quarter earlier, followed by Communication Services and Financials.

On the sell side, the largest reduction was Grayscale CoinDesk Crypto 5 ETF, an estimated $66.5M trimmed.

  • Discovery Capital Management's largest Q4 2025 buy was Amkor Technology: 2,614,934 shares worth $103M.
  • Discovery Capital Management added most to VNET Group in Q4 2025, an estimated $43.6M increase.
  • Discovery Capital Management's biggest Q4 2025 reduction was Grayscale CoinDesk Crypto 5 ETF, cutting an estimated $66.5M.
  • Discovery Capital Management fully exited Vista Energy in Q4 2025, selling an estimated $40.7M.
  • Discovery Capital Management's ten largest holdings make up 40% of its $1.85B portfolio in Q4 2025.
  • Discovery Capital Management opened 35 new positions and closed 33 in Q4 2025.
  • Discovery Capital Management's portfolio value rose 1.3% quarter-over-quarter to $1.85B.

Based on Discovery Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.