We are live on
!
Find out more
DVF
Discovery Value Fund Portfolio holdings
AUM
$34.7M
1-Year Est. Return
58.56%
This Fund
S&P 500
This Quarter
Est. Return
+83.85%
1 Year Est. Return
+58.56%
3 Year Est. Return
+207.12%
5 Year Est. Return
+65.96%
10 Year Est. Return
–
AUM
$2.51B
AUM Growth
+$1.43B
(+133%)
Cap. Flow
+$670M
Cap. Flow
% of AUM
26.75%
Top 10 Holdings %
Top 10 Hldgs %
99.35%
Holding
25
New
4
Increased
4
Reduced
5
Closed
11
Top Buys
| 1 |
COUP
Coupa Software Incorporated
COUP
|
+$342M |
| 2 |
Veeva Systems
VEEV
|
+$174M |
| 3 |
Meta Platforms (Facebook)
META
|
+$173M |
| 4 |
Pinduoduo
PDD
|
+$133M |
| 5 |
Beyond Meat
BYND
|
+$58.5M |
Top Sells
| 1 |
Alibaba
BABA
|
+$257M |
| 2 |
Tesla
TSLA
|
+$170M |
| 3 |
TSMC
TSM
|
+$63.9M |
| 4 |
TAL Education Group
TAL
|
+$34.8M |
| 5 |
Shopify
SHOP
|
+$30.5M |
Sector Composition
| 1 | Technology | 44.41% |
| 2 | Communication Services | 15.71% |
| 3 | Consumer Discretionary | 12.74% |
| 4 | Healthcare | 8.22% |
| 5 | Consumer Staples | 4.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Shopify
SHOP
$160B
| $621M | 24.79% |
6,543,830
-439,180
| -6% | -$30.5M |
|
|
COUP
2
DELISTED
Coupa Software Incorporated
COUP
| $470M | 18.76% |
+1,697,037
| New | +$342M |
|
|
3
Meta Platforms (Facebook)
META
$1.64T
| $321M | 12.79% |
1,411,735
+830,256
| +143% | +$173M |
|
|
4
Pinduoduo
PDD
$120B
| $263M | 10.52% |
3,069,331
+2,203,319
| +254% | +$133M |
|
|
5
Veeva Systems
VEEV
$31.7B
| $206M | 8.22% |
878,492
+876,522
| +44,494% | +$174M |
|
|
6
Beyond Meat
BYND
$305M
| $110M | 4.38% |
818,283
+493,818
| +152% | +$58.5M |
|
7
Bilibili
BILI
$7.55B
| $73.2M | 2.92% |
1,579,246
-15,700
| -1% | -$510K |
|
8
Sea Limited
SE
$63.7B
| $55.8M | 2.23% |
+519,918
| New | +$37.6M |
|
|
API
9
Agora
API
$331M
| $19.1M | 0.76% |
+432,871
| New | +$20.4M |
|
|
10
TAL Education Group
TAL
$5.68B
| $7.17M | 0.29% |
104,862
-608,308
| -85% | -$34.8M |
|
|
LX
11
LexinFintech Holdings
LX
$254M
| $6.57M | 0.26% |
617,372
-429,300
| -41% | -$3.82M |
|
|
JKS
12
JinkoSolar
JKS
$864M
| $2.2M | 0.09% |
124,055
-137,000
| -52% | -$2.2M |
|
|
FINV
13
FinVolution Group
FINV
$1.12B
| $287K | 0.01% |
158,453
| – | – |
|
14
Boeing
BA
$169B
| – | – |
-56,600
| Closed | -$8.44M |
|
|
15
Alibaba
BABA
$276B
| – | – |
-1,321,881
| Closed | -$257M |
|
16
Delta Air Lines
DAL
$55.4B
| – | – |
-324,786
| Closed | -$9.27M |
|
17
EOG Resources
EOG
$74.5B
| – | – |
-244,820
| Closed | -$8.79M |
|
18
Gilead Sciences
GILD
$167B
| – | – |
-6,000
| Closed | -$449K |
|
19
Intuitive Surgical
ISRG
$122B
| – | – |
-51,123
| Closed | -$8.44M |
|
20
Occidental Petroleum
OXY
$54.6B
| – | – |
-210,091
| Closed | -$2.43M |
|
|
21
Tesla
TSLA
$1.43T
| – | – |
-4,854,240
| Closed | -$170M |
|
|
22
TSMC
TSM
$2.07T
| – | – |
-1,337,037
| Closed | -$63.9M |
|
23
Uber
UBER
$147B
| – | – |
-142,400
| Closed | -$3.98M |
|
|
LK
24
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| – | – |
-516,893
| Closed | -$14.1M |
|
Similar funds
VVVM4
IA
CWM
CPR
RF
ACM
AP
MAM
Discovery Value Fund's Q2 2020 Portfolio in Review
As of Q2 2020, Discovery Value Fund held 25 positions worth $2.51B, up 133% from $1.08B the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Discovery Value Fund deployed $670M of net new capital in Q2 2020, opening 4 new positions and adding to 4 existing holdings. Its largest new stake was Coupa Software Incorporated: 1,697,037 shares worth $470M.
By sector, the portfolio is most concentrated in Technology at 44% of assets, up from 34% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was TAL Education Group, an estimated $34.8M trimmed.
- Discovery Value Fund's largest Q2 2020 buy was Coupa Software Incorporated: 1,697,037 shares worth $470M.
- Discovery Value Fund added most to Veeva Systems in Q2 2020, an estimated $174M increase.
- Discovery Value Fund's biggest Q2 2020 reduction was TAL Education Group, cutting an estimated $34.8M.
- Discovery Value Fund fully exited Alibaba in Q2 2020, selling an estimated $257M.
- Discovery Value Fund's ten largest holdings make up 99% of its $2.51B portfolio in Q2 2020.
- Discovery Value Fund opened 4 new positions and closed 11 in Q2 2020.
- Discovery Value Fund's portfolio value rose 133% quarter-over-quarter to $2.51B.
Based on Discovery Value Fund's 13F filing for Q2 2020, filed 7 Aug 2020.