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
+15.88%
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
$661M
AUM Growth
+$98M
(+17%)
Cap. Flow
+$38M
Cap. Flow
% of AUM
5.75%
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 | Financials | 11.43% |
| 4 | Communication Services | 10.91% |
| 5 | Industrials | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Vista Energy
VIST
$7.37B
| $85M | 12.86% |
2,880,678
-406,722
| -12% | -$12M |
|
2
Televisa
TV
$1.48B
| $49.9M | 7.54% |
14,934,307
+2,616,151
| +21% | +$7.39M |
|
3
Hertz
HTZ
$521M
| $45.1M | 6.83% |
4,344,734
-359,700
| -8% | -$3.47M |
|
4
StoneCo
STNE
$2.65B
| $40.3M | 6.1% |
2,236,200
+525,100
| +31% | +$6.9M |
|
|
HTZWW
5
Hertz Global Holdings Warrants
HTZWW
$64.3M
| $34.4M | 5.2% |
6,271,880
+3,379,219
| +117% | +$17.1M |
|
|
6
iShares MSCI Mexico ETF
EWW
$1.89B
| $31.6M | 4.78% |
465,795
+442,600
| +1,908% | +$26.7M |
|
7
Credo Technology Group
CRDO
$33.2B
| $27.2M | 4.11% |
1,396,306
+253,400
| +22% | +$4.31M |
|
|
8
Itaú Unibanco
ITUB
$90B
| $24.7M | 3.74% |
+4,031,441
| New | +$21.4M |
|
|
9
RTX Corp
RTX
$290B
| $20.8M | 3.15% |
+247,300
| New | +$19.6M |
|
10
Galicia Financial Group
GGAL
$7.9B
| $20M | 3.03% |
1,159,639
+732,350
| +171% | +$10.4M |
|
|
11
Adecoagro
AGRO
$1.4B
| $18.2M | 2.75% |
1,637,498
+1,317,608
| +412% | +$14.5M |
|
12
Invesco S&P 500 Equal Weight ETF
RSP
$97.3B
| $17.1M | 2.58% |
108,275
+90,975
| +526% | +$13.2M |
|
13
Cemex
CX
$17B
| $15.1M | 2.29% |
+1,953,000
| New | +$13.3M |
|
14
Genius Sports
GENI
$1.94B
| $14.2M | 2.15% |
+2,300,380
| New | +$12.4M |
|
15
Compass
COMP
$8.66B
| $14M | 2.12% |
3,723,299
-310,000
| -8% | -$765K |
|
16
Abercrombie & Fitch
ANF
$4.52B
| $13.8M | 2.09% |
+156,300
| New | +$11.1M |
|
17
iShares MSCI Brazil ETF
EWZ
$8.99B
| $13.7M | 2.08% |
+392,700
| New | +$12.7M |
|
18
Arista Networks
ANET
$199B
| $12.3M | 1.87% |
209,728
+6,800
| +3% | +$357K |
|
|
VTLE
19
DELISTED
Vital Energy
VTLE
| $11.2M | 1.69% |
245,467
-10,000
| -4% | -$479K |
|
20
Nutanix
NTNX
$16.1B
| $10.7M | 1.62% |
224,844
-55,300
| -20% | -$2.24M |
|
21
Under Armour
UAA
$3B
| $10M | 1.52% |
+1,142,000
| New | +$8.78M |
|
|
BBBY
22
Bed Bath & Beyond
BBBY
$473M
| $8.97M | 1.36% |
356,228
-424,628
| -54% | -$7.31M |
|
23
Semtech
SMTC
$9.68B
| $8.74M | 1.32% |
+398,700
| New | +$7.4M |
|
24
America Movil
AMX
$74.8B
| $8.02M | 1.21% |
433,200
+58,600
| +16% | +$1.03M |
|
25
Cheniere Energy
LNG
$54.2B
| $7.9M | 1.2% |
+46,300
| New | +$7.96M |
|
Similar funds
CC
RCAG
HC
QOP
6CM
HCL
RIL
AAA
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 $38M 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 Financials.
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.