DISCOVERY CAPITAL MANAGEMENT, LLC / CT

CIK

1389507

Location

SOUTH NORWALK, CT

Portfolio Value

Mid $1,887,008,368

Diversification

Diversified

Filing Date

Global Rank

#1,242 / 8,603 ▲ 42 · as of Mar 2026

Top Industry

Telecom Services 12.3%

3Y Alpha vs SPY

+12.7%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+132.8%

SPY

+76.5%

Annualised alpha

+11.7%

Max drawdown

−26.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

66 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.2%

+0.5 pts

Top 5

26.3%

+0.9 pts

Top 10

43.9%

+2.9 pts

HHI

295

Diversified+37

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	26.6%	$501,216,924	13
Financial Services	19.6%	$369,536,100	11
Communication Services	16.0%	$301,542,755	8
Basic Materials	9.7%	$182,721,851	5
Industrials	8.0%	$151,862,225	6
Consumer Defensive	5.6%	$105,937,674	3
Consumer Cyclical	4.7%	$88,090,407	6
Energy	4.2%	$79,422,773	4
Real Estate	2.6%	$49,030,491	2
Unclassified	2.3%	$43,225,030	4
Healthcare	0.8%	$14,422,138	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

24 positions

Ticker	Company	Δ Shares	Shares	Value
GENI	Genius Sports Ltd	+3,288,900	7,454,245	$33,022,305
COMP	Compass, Inc.	+2,984,736	6,072,297	$44,388,491
NU	Nu Holdings Ltd.	+1,814,400	2,241,700	$32,213,229
IBIT	iShares Bitcoin Trust ETF	+636,900	643,725	$24,731,914
TV	Grupo Televisa, S.A.B.	+568,900	22,387,941	$65,148,908
BBAR	Banco BBVA Argentina S.A.	+559,400	1,007,500	$16,180,450
JBS	Jbs N.V.	+423,000	3,365,400	$60,442,584
CX	Cemex Sab De CV	+383,000	3,474,700	$39,750,568
YPF	Ypf Sociedad Anonima	+268,092	538,192	$24,875,234
ECHO	EchoStar CORP	+239,300	412,300	$48,267,961
GGAL	Grupo Financiero Galicia SA	+228,500	869,129	$40,597,015
MU	Micron Technology Inc	+170,850	276,050	$93,260,732
AMX	America Movil Sab De Cv/	+152,800	4,444,183	$113,237,782
PINS	Pinterest, Inc.	+151,724	772,924	$14,175,426
LRCX	Lam Research Corp	+146,116	298,016	$63,674,098
GEO	Geo Group Inc	+114,000	1,425,900	$23,969,379
AMZN	Amazon Com Inc	+81,100	124,400	$25,908,788
GLNG	Golar Lng Ltd	+74,513	266,500	$14,420,315
AGRO	Adecoagro S.A.	+70,682	1,274,217	$19,138,739
BAP	Credicorp Ltd	+58,200	140,700	$47,722,626
FISV	Fiserv Inc	+50,500	309,600	$17,275,680
COF	Capital One Financial Corp	+36,600	268,810	$49,039,008
QXO	QXO, Inc.	+29,552	1,376,090	$26,723,667
APP	AppLovin Corp	+13,400	50,640	$20,154,720
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
IREN	IREN Ltd	−749,173	1,834,285	$62,879,289
HDB	Hdfc Bank Ltd	−572,600	183,000	$4,553,040
CLF	Cleveland-Cliffs Inc.	−530,100	1,447,600	$12,232,220
PRMB	Primo Brands Corp	−336,400	1,399,700	$26,356,351
VNET	VNET Group, Inc.	−310,800	6,008,300	$50,409,637
JPM	Jpmorgan Chase & Co	−72,500	154,700	$45,506,552
CHDN	Churchill Downs Inc	−8,700	160,200	$14,390,766
AEM	Agnico Eagle Mines Ltd	−7,100	43,300	$8,789,034
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SNDK	Sandisk Corp	183,700	$116,711,958
ON	On Semiconductor Corp	1,409,300	$87,263,856
CAR	Avis Budget Group, Inc.	548,677	$80,024,540
IFS	Intercorp Financial Services Inc.	1,057,404	$53,081,680
ULTA	Ulta Beauty, Inc.	46,600	$24,358,286
VLO	Valero Energy Corp/Tx	85,000	$21,001,800
LNG	Cheniere Energy, Inc.	67,400	$19,125,424
ROST	Ross Stores, Inc.	71,600	$15,510,708
TER	Teradyne, Inc	52,000	$15,415,920
RKT	Rocket Companies, Inc.	884,300	$12,601,275
MDLN	Medline Inc.	250,000	$11,125,000
NVDA	Nvidia Corp	57,200	$9,975,680
CRM	Salesforce, Inc.	49,500	$9,240,165
INTU	Intuit Inc.	21,300	$9,209,694
FSLR	First Solar, Inc.	41,600	$8,206,016
FPS	Forgent Power Solutions, Inc.	275,000	$8,049,250
VLRS	Controladora Vuela Compania de Aviacion, S.A.B. de C.V.	964,171	$6,980,598
WOLF	Wolfspeed, Inc.	424,700	$6,931,104
JMIA	Jumia Technologies AG	697,226	$4,810,859
ARE	Alexandria Real Estate Equities, Inc.	100,000	$4,642,000
INFQ	Infleqtion, Inc.	395,700	$3,881,817
HUYA	HUYA Inc.	467,300	$1,542,090
CMPS	COMPASS Pathways plc	179,716	$993,829
BRRR	CoinShares Bitcoin ETF	48,300	$923,979
ONMD	OneMedNet Corp	112,252	$95,414
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AMKR	Amkor Technology, Inc.	2,614,934	$103,237,594
COHR	Coherent Corp.	328,837	$60,693,445
GDS	GDS Holdings Ltd	1,428,017	$49,837,793
EAT	Brinker International, Inc	250,111	$35,895,930
TTWO	Take Two Interactive Software Inc	136,907	$35,052,299
AVGO	Broadcom Inc.	83,200	$28,795,520
AMD	Advanced Micro Devices Inc	131,400	$28,140,624
META	Meta Platforms, Inc.	42,000	$27,723,780
ORBS	Eightco Holdings Inc.	14,869,791	$25,724,738
LITE	Lumentum Holdings Inc.	62,400	$23,000,016
AWI	Armstrong World Industries Inc	118,000	$22,549,800
GDLC	Grayscale CoinDesk Crypto 5 ETF	423,129	$17,484,959
BA	Boeing Co	77,000	$16,718,240
ADBE	Adobe Inc.	37,900	$13,264,621
UAL	United Airlines Holdings, Inc.	105,000	$11,741,100
ACMR	ACM Research, Inc.	296,200	$11,685,090
SOLV	Solventum Corp	147,300	$11,672,052
DAL	Delta Air Lines, Inc.	167,000	$11,589,800
ESTA	Establishment Labs Holdings Inc.	155,275	$11,316,442
DDOG	Datadog, Inc.	83,200	$11,314,368
MCD	Mcdonalds Corp	36,800	$11,247,184
BIDU	Baidu, Inc.	75,800	$9,904,028
DPZ	Dominos Pizza Inc	23,700	$9,878,634
SNAP	Snap Inc	1,027,500	$8,291,925
KRMN	Karman Holdings Inc.	75,000	$5,487,750
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 positions · $1,887,008,368 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SNDK	Sandisk Corp Technology	NEW	183,700	NEW	$116,711,958	NEW	6.19%
AMX	America Movil Sab De Cv/ Communication Services	Added	4,444,183	+152,800	$113,237,782	+27.7%	6.00%
MU	Micron Technology Inc Technology	Added	276,050	+170,850	$93,260,732	+210.6%	4.94%
ON	On Semiconductor Corp Technology	NEW	1,409,300	NEW	$87,263,856	NEW	4.62%
METC	Ramaco Resources, Inc. Basic Materials	Held	5,511,360	0	$85,205,625	−14.1%	4.52%
CAR	Avis Budget Group, Inc. Industrials	NEW	548,677	NEW	$80,024,540	NEW	4.24%
TV	Grupo Televisa, S.A.B. Communication Services	Added	22,387,941	+568,900	$65,148,908	+2.6%	3.45%
LRCX	Lam Research Corp Technology	Added	298,016	+146,116	$63,674,098	+144.9%	3.37%
IREN	IREN Ltd Financial Services	Reduced	1,834,285	-749,173	$62,879,289	−35.6%	3.33%
JBS	Jbs N.V. Consumer Defensive	Added	3,365,400	+423,000	$60,442,584	+42.5%	3.20%
IFS	Intercorp Financial Services Inc. Financial Services	NEW	1,057,404	NEW	$53,081,680	NEW	2.81%
VNET	VNET Group, Inc. Technology	Reduced	6,008,300	-310,800	$50,409,637	−5.7%	2.67%
COF	Capital One Financial Corp Financial Services	Added	268,810	+36,600	$49,039,008	−12.9%	2.60%
ECHO	EchoStar CORP Communication Services	Added	412,300	+239,300	$48,267,961	+156.7%	2.56%
BAP	Credicorp Ltd Financial Services	Added	140,700	+58,200	$47,722,626	+101.6%	2.53%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	154,700	-72,500	$45,506,552	−37.8%	2.41%
COMP	Compass, Inc. Real Estate	Added	6,072,297	+2,984,736	$44,388,491	+36.0%	2.35%
GGAL	Grupo Financiero Galicia SA Financial Services	Added	869,129	+228,500	$40,597,015	+17.5%	2.15%
CX	Cemex Sab De CV Basic Materials	Added	3,474,700	+383,000	$39,750,568	+11.9%	2.11%
PPTA	Perpetua Resources Corp. Basic Materials	Held	1,306,700	0	$36,744,404	+16.2%	1.95%
GENI	Genius Sports Ltd Communication Services	Added	7,454,245	+3,288,900	$33,022,305	−28.1%	1.75%
NU	Nu Holdings Ltd. Financial Services	Added	2,241,700	+1,814,400	$32,213,229	+350.3%	1.71%
PSN	Parsons Corp Technology	Held	499,100	0	$27,036,247	−12.3%	1.43%
QXO	QXO, Inc. Industrials	Added	1,376,090	+29,552	$26,723,667	+2.9%	1.42%
PRMB	Primo Brands Corp Consumer Defensive	Reduced	1,399,700	-336,400	$26,356,351	−7.1%	1.40%
AMZN	Amazon Com Inc Consumer Cyclical	Added	124,400	+81,100	$25,908,788	+159.2%	1.37%
YPF	Ypf Sociedad Anonima Energy	Added	538,192	+268,092	$24,875,234	+154.7%	1.32%
IBIT	iShares Bitcoin Trust ETF	Added	643,725	+636,900	$24,731,914	+7198.5%	1.31%
ULTA	Ulta Beauty, Inc. Consumer Cyclical	NEW	46,600	NEW	$24,358,286	NEW	1.29%
GEO	Geo Group Inc Industrials	Added	1,425,900	+114,000	$23,969,379	+13.3%	1.27%
VLO	Valero Energy Corp/Tx Energy	NEW	85,000	NEW	$21,001,800	NEW	1.11%
APP	AppLovin Corp Communication Services	Added	50,640	+13,400	$20,154,720	−19.7%	1.07%
AGRO	Adecoagro S.A. Consumer Defensive	Added	1,274,217	+70,682	$19,138,739	+100.5%	1.01%
LNG	Cheniere Energy, Inc. Energy	NEW	67,400	NEW	$19,125,424	NEW	1.01%
FISV	Fiserv Inc	Added	309,600	+50,500	$17,275,680	−0.7%	0.92%
BBAR	Banco BBVA Argentina S.A. Financial Services	Added	1,007,500	+559,400	$16,180,450	+99.8%	0.86%
ROST	Ross Stores, Inc. Consumer Cyclical	NEW	71,600	NEW	$15,510,708	NEW	0.82%
TER	Teradyne, Inc Technology	NEW	52,000	NEW	$15,415,920	NEW	0.82%
GLNG	Golar Lng Ltd Energy	Added	266,500	+74,513	$14,420,315	+101.9%	0.76%
CHDN	Churchill Downs Inc Consumer Cyclical	Reduced	160,200	-8,700	$14,390,766	−25.1%	0.76%
PINS	Pinterest, Inc. Communication Services	Added	772,924	+151,724	$14,175,426	−11.9%	0.75%
RKT	Rocket Companies, Inc. Financial Services	NEW	884,300	NEW	$12,601,275	NEW	0.67%
CLF	Cleveland-Cliffs Inc. Basic Materials	Reduced	1,447,600	-530,100	$12,232,220	−53.4%	0.65%
MDLN	Medline Inc. Healthcare	NEW	250,000	NEW	$11,125,000	NEW	0.59%
NVDA	Nvidia Corp Technology	NEW	57,200	NEW	$9,975,680	NEW	0.53%
CRM	Salesforce, Inc. Technology	NEW	49,500	NEW	$9,240,165	NEW	0.49%
INTU	Intuit Inc. Technology	NEW	21,300	NEW	$9,209,694	NEW	0.49%
AEM	Agnico Eagle Mines Ltd Basic Materials	Reduced	43,300	-7,100	$8,789,034	+2.9%	0.47%
FSLR	First Solar, Inc. Technology	NEW	41,600	NEW	$8,206,016	NEW	0.43%
FPS	Forgent Power Solutions, Inc. Industrials	NEW	275,000	NEW	$8,049,250	NEW	0.43%