Discerene Group LP

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Discerene Group LP reported 11 stock positions worth $725.1 million. Its top holding was Alibaba Group Holding-SP ADR (BABA) at 34.7% of the portfolio, followed by Jd.com Inc.-ADR (JD, 26.6%) and Western Union (WU, 9.8%). Compared with Q3 2024, it reduced 3. The biggest sale was Tal Education Group- ADR (TAL, shares −4%).

Most Recent 13F
Q2 2026
Location
STAMFORD, CT
CIK
0001632958
Portfolio Value
$725.1M (Q4 2024)
SEC Filing
0001493152-25-006144 ↗ filed Feb 12, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $689.4M Q1 2024 Q2 2024: $651.9M Q2 2024 Q3 2024: $842.5M Q3 2024 Q4 2024: $725.1M $725.1M Q4 2024 Q1 2025: $957.0M Q1 2025 Q2 2025: $925.6M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $982.7M Q4 2025 Q1 2026: $863.7M Q1 2026 Q2 2026: $889.1M Q2 2026

Holdings 11 stocks · $725.1M
BABA Alibaba Group Holding-SP ADR 34.70% 2,967,087 $251.6M No change
JD Jd.com Inc.-ADR 26.56% 5,554,851 $192.6M No change
WU Western Union Co. 9.77% 6,682,192 $70.8M No change
SABR Sabre Corp. 9.62% 19,110,272 $69.8M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 8.54% 1,615,265 $61.9M No change
TAL Tal Education Group- ADR 5.10% 3,690,248 $37.0M Reduce -4.4%
CCU Cia Cervecerias Uni-Spon ADR filed as COMPANIA CERVECERIAS UNIDAS 3.93% 2,517,157 $28.5M No change
TEO Telecom Argentina SA-SP ADR 0.85% 487,859 $6.1M Reduce -27.0%
KOF Coca-Cola Femsa Sab-SP ADR 0.74% 68,597 $5.3M No change
TKC Turkcell Iletisim Hizmet-ADR 0.18% 199,788 $1.3M No change
HAL Halliburton Co. 0.02% 5,414 $147K Reduce -55.7%

Options reported separately and not counted above: INTC calls ($40.0M).

Portfolio Sells Q3 2024 → Q4 2024
TAL Tal Education Group- ADR Reduce -4.4% 5.10% −0.32
HAL Halliburton Co. Reduce -55.7% 0.02% −0.02
TEO Telecom Argentina SA-SP ADR Reduce -27.0% 0.85% +0.25

Portfolio Buys Q3 2024 → Q4 2024
None this quarter.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 12$889.1MBABA, JD, EDU, CPRT, SABR
Q1 2026 11$863.7MBABA, JD, EDU, SLB, SABR
Q4 2025 12$982.7MBABA, JD, EDU, SLB, WU
Q3 2025 12$1.1BBABA, JD, EDU, WU, SLB
Q2 2025 12$925.6MBABA, JD, WU, EDU, SABR
Q1 2025 12$957.0MBABA, JD, EDU, WU, SLB
Q4 2024 11$725.1MBABA, JD, WU, SABR, SLB
Q3 2024 11$842.5MBABA, JD, WU, SABR, SLB
Q2 2024 11$651.9MBABA, JD, WU, SLB, SABR
Q1 2024 11$689.4MBABA, JD, WU, SLB, SABR