Discovery Capital Management, LLC / CT
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Discovery Capital Management, LLC / CT reported 112 stock positions worth $2.4 billion. Its top holding was Sandisk (SNDK) at 19.6% of the portfolio, followed by Credicorp (BAP, 4.4%) and America Movil Sab DE CV (AMX, 4.3%). Compared with Q1 2026, it opened 53 new positions, sold out of 17, added to 21 and reduced 24. The biggest buy was Sandisk (SNDK, shares +13%) and the biggest sale Micron Technology (MU, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTH NORWALK, CT
- CIK
- 0001389507
- Portfolio Value
- $2.4B (Q2 2026)
- SEC Filing
- 0000919574-26-005426 ↗ filed Aug 14, 2026
Holdings Value
Holdings 112 stocks · $2.4B
| SNDK Sandisk Corp. | 19.64% | 207,587 | $472.0M | Add +13.0% |
| BAP Credicorp Ltd. | 4.41% | 271,865 | $105.9M | Add +93.2% |
| AMX America Movil Sab DE CV | 4.31% | 3,988,067 | $103.6M | Reduce -10.3% |
| AMC AMC Entertainment HLDS Class A | 4.10% | 51,799,352 | $98.4M | New |
| COMP Compass Inc. Class A | 3.86% | 7,526,497 | $92.8M | Add +23.9% |
| TE T1 Energy Inc. | 2.95% | 7,465,100 | $70.8M | New |
| METC Ramaco Resources Inc. Class A | 2.92% | 5,311,360 | $70.3M | Reduce -3.6% |
| JBS JBS NV-A | 2.68% | 5,436,300 | $64.4M | Add +61.5% |
| TV Grupo Televisa SA-Spon ADR | 2.49% | 22,117,634 | $59.9M | Reduce -1.2% |
| CVX Chevron Corp. | 2.45% | 355,336 | $58.9M | New |
| CAR Avis Budget Group Inc. | 2.18% | 353,848 | $52.3M | Reduce -35.5% |
| JPM JPMorgan Chase & Co. | 2.06% | 151,300 | $49.5M | Reduce -2.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 1.99% | 3,587,500 | $47.9M | Add +60.0% |
| GGAL Grupo Financiero Galicia-ADR | 1.91% | 917,929 | $45.9M | Add +5.6% |
| GENI Genius Sports Ltd. | 1.82% | 7,231,145 | $43.8M | Reduce -3.0% |
| APP AppLovin Corp. Class A | 1.78% | 83,040 | $42.8M | Add +64.0% |
| AMZN Amazon.com Inc. | 1.75% | 176,435 | $42.1M | Add +41.8% |
| CX Cemex Sab-Spons ADR Part Cer | 1.58% | 3,157,800 | $37.9M | Reduce -9.1% |
| GEO The Geo Group Inc. | 1.55% | 1,258,600 | $37.2M | Reduce -11.7% |
| COF Capital One Financial Corp. | 1.45% | 173,210 | $34.7M | Reduce -35.6% |
| PRMB Primo Brands Corp. | 1.40% | 1,379,400 | $33.7M | Reduce -1.4% |
| VLO Valero Energy Corp. | 1.29% | 119,400 | $31.1M | Add +40.5% |
| RACE Ferrari NV | 1.26% | 81,583 | $30.4M | New |
| TTWO Take-Two Interactive Softwre | 1.20% | 115,000 | $28.7M | New |
| PSN Parsons Corp. | 1.15% | 528,600 | $27.7M | Add +5.9% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.14% | 604,992 | $27.5M | Add +12.4% |
| GS Goldman Sachs Group Inc. | 1.14% | 27,000 | $27.3M | New |
| FISV Fiserv Inc. | 1.13% | 551,200 | $27.0M | Add +78.0% |
| WOLF Wolfspeed Inc. | 1.10% | 548,375 | $26.5M | Add +29.1% |
| LPLA LPL Financial Holdings Inc. | 1.10% | 93,500 | $26.3M | New |
| PPTA Perpetua Resources Corp. | 1.03% | 1,186,700 | $24.6M | Reduce -9.2% |
| ULTA Ulta Beauty Inc. | 0.98% | 52,000 | $23.5M | Add +11.6% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.95% | 1,166,600 | $22.9M | Add +15.8% |
| QXO Qxo Inc. | 0.89% | 1,242,390 | $21.5M | Reduce -9.7% |
| FIVE Five Below | 0.77% | 102,700 | $18.5M | New |
| WRBY Warby Parker Inc. Class A | 0.74% | 587,655 | $17.8M | New |
| ON On Semiconductor | 0.64% | 162,300 | $15.3M | Reduce -88.5% |
| MWH Solv Energy Inc. Class A | 0.58% | 411,700 | $14.0M | New |
| PINS Pinterest Inc. Class A | 0.58% | 665,969 | $14.0M | Reduce -13.8% |
| RKT Rocket Cos Inc. Class A | 0.58% | 884,300 | $13.9M | No change |
| NXT Nextpower Inc. | 0.58% | 116,800 | $13.9M | New |
| AGRO Adecoagro SA | 0.55% | 1,379,217 | $13.2M | Add +8.2% |
| CHDN Churchill Downs Inc. | 0.52% | 138,200 | $12.4M | Reduce -13.7% |
| ZM Zoom Communications Inc. | 0.50% | 139,600 | $12.0M | New |
| AEM Agnico Eagle Mines Ltd. | 0.50% | 77,300 | $12.0M | Add +78.5% |
| GRPN Groupon Inc. | 0.49% | 491,051 | $11.8M | New |
| CRM Salesforce Inc. | 0.47% | 71,900 | $11.3M | Add +45.3% |
| HAL Halliburton Co. | 0.43% | 304,700 | $10.3M | New |
| PURR Hyperliquid Strategies | 0.43% | 1,314,000 | $10.3M | New |
| MTSI Macom Technology Solutions H | 0.43% | 26,900 | $10.2M | New |
| FSLR First Solar Inc. | 0.41% | 41,600 | $9.8M | No change |
| VLRS Controladora Vuela Cia-ADR | 0.38% | 964,171 | $9.0M | No change |
| STUB Stubhub Holdings Inc. Class A | 0.37% | 697,807 | $9.0M | Reduce -27.4% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.34% | 181,200 | $8.3M | Reduce -90.1% |
| BCO The Brink's Co. | 0.23% | 59,006 | $5.6M | No change |
| PAM Pampa Energia SA-Spon ADR | 0.22% | 65,200 | $5.4M | New |
| EPU iShares MSCI Peru and Global | 0.22% | 62,500 | $5.2M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.22% | 63,237 | $5.2M | Add +11.6% |
| KRMN Karman Holdings Inc. | 0.21% | 100,000 | $5.0M | New |
| CB Chubb Ltd. | 0.21% | 14,612 | $5.0M | New |
| ECHO Echostar Corp. Class A | 0.21% | 48,800 | $5.0M | Reduce -88.2% |
| JMIA Jumia Technologies AG-ADR | 0.20% | 697,226 | $4.9M | No change |
| JRVR James River Group Holdings I | 0.19% | 1,059,155 | $4.7M | Add +29.3% |
| AMD Advanced Micro Devices | 0.19% | 7,817 | $4.5M | New |
| DLR Digital Realty Trust Inc. | 0.18% | 23,500 | $4.2M | New |
| GOOGL Alphabet Inc. Class A | 0.15% | 10,209 | $3.6M | New |
| INTU Intuit Inc. | 0.15% | 13,800 | $3.6M | Reduce -35.2% |
| DDOG Datadog Inc. Class A | 0.15% | 13,680 | $3.6M | New |
| MRVL Marvell Technology Inc. | 0.15% | 11,796 | $3.5M | New |
| PANW Palo Alto Networks Inc. | 0.14% | 10,174 | $3.5M | New |
| SKY Champion Homes Inc. | 0.13% | 35,800 | $3.2M | New |
| FIG Figma Inc. Class A | 0.12% | 157,852 | $2.9M | New |
| HUT Hut 8 Corp. | 0.11% | 23,900 | $2.8M | New |
| LLY Eli Lilly & Co. | 0.11% | 2,267 | $2.7M | New |
| NET Cloudflare Inc. Class A | 0.11% | 10,932 | $2.7M | New |
| RBRK Rubrik Inc. Class A | 0.11% | 33,169 | $2.7M | New |
| OUST Ouster Inc. | 0.11% | 40,674 | $2.5M | New |
| VRT Vertiv Holdings Co. Class A | 0.11% | 7,589 | $2.5M | New |
| SNOW Snowflake Inc. | 0.10% | 9,732 | $2.5M | New |
| RDDT Reddit Inc. Class A | 0.10% | 13,982 | $2.4M | New |
| RBLX Roblox Corp. Class A | 0.10% | 43,792 | $2.4M | New |
| BNY Bank of New York Mellon Corp. | 0.10% | 16,432 | $2.4M | New |
| TTAN Servicetitan Inc. Class A | 0.10% | 32,910 | $2.3M | New |
| BHYP Bitwise Hyperliquid ETF | 0.10% | 63,000 | $2.3M | New |
| CMPS Compass Pathways PLC | 0.09% | 150,000 | $2.1M | Reduce -16.5% |
| ANET Arista Networks Inc. | 0.09% | 12,307 | $2.1M | New |
| EWW iShares MSCI Mexico ETF | 0.08% | 26,700 | $2.0M | New |
| BMA Banco Macro SA-ADR | 0.08% | 21,400 | $2.0M | New |
| LRCX Lam Research Corp. | 0.08% | 4,568 | $2.0M | Reduce -98.5% |
| CIEN Ciena Corp. | 0.08% | 4,009 | $2.0M | New |
| PLD Prologis Inc. | 0.07% | 13,186 | $1.8M | New |
| CIFR Cipher Digital Inc. | 0.07% | 70,819 | $1.7M | New |
| MU Micron Technology Inc. | 0.07% | 1,498 | $1.7M | Reduce -99.5% |
| XHB SS SPDR S&P Homebldrs ETF | 0.07% | 14,100 | $1.6M | New |
| WULF Terawulf Inc. | 0.07% | 64,515 | $1.6M | New |
| QCOM Qualcomm Inc. | 0.07% | 8,593 | $1.6M | New |
| COHR Coherent Corp. | 0.06% | 3,881 | $1.5M | New |
| THYP 21SHARES Hyperliqui Stak ETF | 0.06% | 39,200 | $1.5M | New |
| LENZ Lenz Therapeutics Inc. | 0.06% | 241,300 | $1.4M | No change |
| RMBS Rambus Inc. | 0.06% | 9,965 | $1.3M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $5.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 4,675,405 | $5.1M | No change |
Total filed on the 13F, all lines: $2.4B.
Portfolio Sells Q1 2026 → Q2 2026
| MU Micron Technology Inc. | Reduce -99.5% | 0.07% | −4.80 |
| ON On Semiconductor | Reduce -88.5% | 0.64% | −3.92 |
| LRCX Lam Research Corp. | Reduce -98.5% | 0.08% | −3.24 |
| IREN Iren Ltd. | Reduce -90.1% | 0.34% | −2.94 |
| IFS Intercorp Financial Services | Sold out | 0.00% | −2.77 |
| VNET Vnet Group Inc.-ADR | Sold out | 0.00% | −2.63 |
| ECHO Echostar Corp. Class A | Reduce -88.2% | 0.21% | −2.32 |
| CAR Avis Budget Group Inc. | Reduce -35.5% | 2.18% | −2.00 |
| AMX America Movil Sab DE CV | Reduce -10.3% | 4.31% | −1.60 |
| METC Ramaco Resources Inc. Class A | Reduce -3.6% | 2.92% | −1.53 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −1.29 |
| COF Capital One Financial Corp. | Reduce -35.6% | 1.45% | −1.12 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −1.00 |
| TV Grupo Televisa SA-Spon ADR | Reduce -1.2% | 2.49% | −0.91 |
| PPTA Perpetua Resources Corp. | Reduce -9.2% | 1.03% | −0.89 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.81 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.81 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.76 |
| GLNG Golar LNG Ltd. | Sold out | 0.00% | −0.75 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.64 |
| MDLN Medline Inc. Class A | Sold out | 0.00% | −0.58 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.52 |
| QXO Qxo Inc. | Reduce -9.7% | 0.89% | −0.50 |
| CX Cemex Sab-Spons ADR Part Cer | Reduce -9.1% | 1.58% | −0.50 |
| FPS Forgent Power Solutions Class A | Sold out | 0.00% | −0.42 |
| INTU Intuit Inc. | Reduce -35.2% | 0.15% | −0.33 |
| JPM JPMorgan Chase & Co. | Reduce -2.2% | 2.06% | −0.32 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | −0.24 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.24 |
| CHDN Churchill Downs Inc. | Reduce -13.7% | 0.52% | −0.24 |
| INFQ Infleqtion Inc. | Sold out | 0.00% | −0.20 |
| ALH Alliance Laundry Holdings Inc. | Sold out | 0.00% | −0.16 |
| PINS Pinterest Inc. Class A | Reduce -13.8% | 0.58% | −0.16 |
| IYM iShares U.S. Basic Materials | Reduce -46.4% | 0.05% | −0.06 |
| BRRR Coinshares Bitcoin ETF | Reduce -71.6% | 0.01% | −0.04 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.03 |
| PRMB Primo Brands Corp. | Reduce -1.4% | 1.40% | +0.03 |
| CMPS Compass Pathways PLC | Reduce -16.5% | 0.09% | +0.04 |
| STUB Stubhub Holdings Inc. Class A | Reduce -27.4% | 0.37% | +0.06 |
| GENI Genius Sports Ltd. | Reduce -3.0% | 1.82% | +0.10 |
| GEO The Geo Group Inc. | Reduce -11.7% | 1.55% | +0.30 |
Portfolio Buys Q1 2026 → Q2 2026
| SNDK Sandisk Corp. | Add +13.0% | 19.64% | +13.55 |
| AMC AMC Entertainment HLDS Class A | New | 4.10% | +4.10 |
| TE T1 Energy Inc. | New | 2.95% | +2.95 |
| CVX Chevron Corp. | New | 2.45% | +2.45 |
| BAP Credicorp Ltd. | Add +93.2% | 4.41% | +1.91 |
| COMP Compass Inc. Class A | Add +23.9% | 3.86% | +1.54 |
| RACE Ferrari NV | New | 1.26% | +1.26 |
| TTWO Take-Two Interactive Softwre | New | 1.20% | +1.20 |
| GS Goldman Sachs Group Inc. | New | 1.14% | +1.14 |
| LPLA LPL Financial Holdings Inc. | New | 1.10% | +1.10 |
| FIVE Five Below | New | 0.77% | +0.77 |
| WRBY Warby Parker Inc. Class A | New | 0.74% | +0.74 |
| WOLF Wolfspeed Inc. | Add +29.1% | 1.10% | +0.74 |
| APP AppLovin Corp. Class A | Add +64.0% | 1.78% | +0.73 |
| MWH Solv Energy Inc. Class A | New | 0.58% | +0.58 |
| NXT Nextpower Inc. | New | 0.58% | +0.58 |
| ZM Zoom Communications Inc. | New | 0.50% | +0.50 |
| GRPN Groupon Inc. | New | 0.49% | +0.49 |
| HAL Halliburton Co. | New | 0.43% | +0.43 |
| PURR Hyperliquid Strategies | New | 0.43% | +0.43 |
| MTSI Macom Technology Solutions H | New | 0.43% | +0.43 |
| AMZN Amazon.com Inc. | Add +41.8% | 1.75% | +0.40 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +60.0% | 1.99% | +0.31 |
| PAM Pampa Energia SA-Spon ADR | New | 0.22% | +0.22 |
| FISV Fiserv Inc. | Add +78.0% | 1.13% | +0.22 |
| EPU iShares MSCI Peru and Global | New | 0.22% | +0.22 |
| KRMN Karman Holdings Inc. | New | 0.21% | +0.21 |
| CB Chubb Ltd. | New | 0.21% | +0.21 |
| VLO Valero Energy Corp. | Add +40.5% | 1.29% | +0.20 |
| AMD Advanced Micro Devices | New | 0.19% | +0.19 |
| DLR Digital Realty Trust Inc. | New | 0.18% | +0.18 |
| GOOGL Alphabet Inc. Class A | New | 0.15% | +0.15 |
| DDOG Datadog Inc. Class A | New | 0.15% | +0.15 |
| MRVL Marvell Technology Inc. | New | 0.15% | +0.15 |
| PANW Palo Alto Networks Inc. | New | 0.14% | +0.14 |
| SKY Champion Homes Inc. | New | 0.13% | +0.13 |
| FIG Figma Inc. Class A | New | 0.12% | +0.12 |
| HUT Hut 8 Corp. | New | 0.11% | +0.11 |
| LLY Eli Lilly & Co. | New | 0.11% | +0.11 |
| NET Cloudflare Inc. Class A | New | 0.11% | +0.11 |
| RBRK Rubrik Inc. Class A | New | 0.11% | +0.11 |
| BBAR Bbva Argentina SA-ADR | Add +15.8% | 0.95% | +0.11 |
| OUST Ouster Inc. | New | 0.11% | +0.11 |
| VRT Vertiv Holdings Co. Class A | New | 0.11% | +0.11 |
| SNOW Snowflake Inc. | New | 0.10% | +0.10 |
| RDDT Reddit Inc. Class A | New | 0.10% | +0.10 |
| RBLX Roblox Corp. Class A | New | 0.10% | +0.10 |
| BNY Bank of New York Mellon Corp. | New | 0.10% | +0.10 |
| TTAN Servicetitan Inc. Class A | New | 0.10% | +0.10 |
| BHYP Bitwise Hyperliquid ETF | New | 0.10% | +0.10 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 112 | $2.4B | SNDK, BAP, AMX, AMC, COMP |
| Q1 2026 | 76 | $1.9B | SNDK, AMX, MU, ON, METC |
| Q4 2025 | 87 | $1.8B | AMKR, METC, IREN, AMX, JPM |
| Q3 2025 | 85 | $1.8B | METC, IREN, ORBS, GDLC, AMX |
| Q2 2025 | 71 | $1.3B | NBIS, AMX, GENI, IREN, VIST |
| Q1 2025 | 55 | $822.6M | GENI, DFS, GGAL, VIST, AMTM |
| Q4 2024 | 76 | $1.4B | JPM, GGAL, XOP, AMZN, VIST |
| Q3 2024 | 58 | $799.2M | GGAL, VIST, AMZN, TV, VST |
| Q2 2024 | 50 | $731.1M | VIST, GGAL, TV, WDC, GEHC |
| Q1 2024 | 51 | $700.0M | VIST, GBTC, TV, GGAL, GEHC |