Discovery Capital Management, LLC / CT
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Discovery Capital Management, LLC / CT reported 58 stock positions worth $799.2 million. Its top holding was Grupo Financiero Galicia-ADR (GGAL) at 8.0% of the portfolio, followed by Vista Energy Sab DE CV (VIST, 7.0%) and Amazon.com (AMZN, 5.9%). Compared with Q2 2024, it opened 27 new positions, sold out of 19, added to 15 and reduced 8. The biggest buy was a new position in Vistra (VST) and the biggest sale Vista Energy Sab DE CV (VIST, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTH NORWALK, CT
- CIK
- 0001389507
- Portfolio Value
- $799.2M (Q3 2024)
- SEC Filing
- 0000919574-24-006351 ↗ filed Nov 13, 2024
Holdings Value
Holdings 58 stocks · $799.2M
| GGAL Grupo Financiero Galicia-ADR | 7.95% | 1,509,879 | $63.6M | Reduce -3.6% |
| VIST Vista Energy Sab DE CV | 6.96% | 1,258,766 | $55.6M | Reduce -48.3% |
| AMZN Amazon.com Inc. | 5.94% | 254,800 | $47.5M | Add +77.7% |
| TV Grupo Televisa SA-Spon ADR | 5.59% | 17,436,731 | $44.6M | Add +2.9% |
| VST Vistra Corp. | 5.44% | 367,000 | $43.5M | New |
| GENI Genius Sports Ltd. | 5.26% | 5,361,505 | $42.0M | Add +17.3% |
| CEG Constellation Energy | 5.25% | 161,300 | $41.9M | New |
| META Meta Platforms Inc. Class A | 4.72% | 65,910 | $37.7M | Add +3.8% |
| APP AppLovin Corp. Class A | 3.97% | 243,200 | $31.7M | Add +5.5% |
| IBIT iShares Bitcoin Trust ETF | 3.86% | 853,517 | $30.8M | New |
| AMX America Movil Sab DE CV | 3.80% | 1,853,988 | $30.3M | Add +3.2% |
| TTWO Take-Two Interactive Softwre | 3.71% | 192,957 | $29.7M | Add +61.6% |
| GEHC GE Healthcare Technology | 2.47% | 210,550 | $19.8M | Reduce -49.2% |
| EPI Wisdomtree India Earnings | 2.46% | 389,900 | $19.7M | Add +26.1% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 1.98% | 745,379 | $15.8M | No change |
| JD Jd.com Inc.-ADR | 1.83% | 366,100 | $14.6M | New |
| BABA Alibaba Group Holding-SP ADR | 1.83% | 137,900 | $14.6M | Add +73.0% |
| SNAP Snap Inc. Class A | 1.82% | 1,355,800 | $14.5M | Reduce -0.3% |
| AGRO Adecoagro SA | 1.78% | 1,283,994 | $14.2M | Reduce -46.0% |
| COMP Compass Inc. Class A | 1.74% | 2,273,161 | $13.9M | No change |
| ADBE Adobe Inc. | 1.61% | 24,900 | $12.9M | New |
| BAP Credicorp Ltd. | 1.51% | 66,900 | $12.1M | New |
| PM Philip Morris International | 1.42% | 93,200 | $11.3M | Reduce -55.3% |
| MCD McDonald's Corp. | 1.29% | 33,800 | $10.3M | New |
| NFLX Netflix Inc. | 1.28% | 14,400 | $10.2M | New |
| URA Global X Uranium ETF | 1.23% | 342,200 | $9.8M | Add +57.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 1.17% | 33,300 | $9.3M | New |
| VKTX Viking Therapeutics Inc. | 1.04% | 131,400 | $8.3M | Reduce -10.6% |
| LEU Centrus Energy Corp. Class A | 0.99% | 144,700 | $7.9M | No change |
| PAM Pampa Energia SA-Spon ADR | 0.87% | 116,293 | $7.0M | New |
| AEM Agnico Eagle Mines Ltd. | 0.74% | 73,800 | $5.9M | New |
| ENPH Enphase Energy Inc. | 0.72% | 51,100 | $5.8M | New |
| XOP SS SPDR S&P Og Exp & Prod | 0.68% | 41,200 | $5.4M | Add +21.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.64% | 29,500 | $5.1M | New |
| GEO The Geo Group Inc. | 0.62% | 387,100 | $5.0M | New |
| LEN Lennar Corp. Class A | 0.61% | 26,200 | $4.9M | New |
| JRVR James River Group Holdings I | 0.60% | 768,555 | $4.8M | Add +2.2% |
| EPR Epr Properties filed as EPR PPTYS | 0.51% | 82,618 | $4.1M | New |
| HDB HDFC Bank Ltd.-ADR | 0.47% | 60,200 | $3.8M | New |
| BNTX Biontech SE-ADR | 0.46% | 30,700 | $3.6M | No change |
| NVDA Nvidia Corp. | 0.46% | 30,000 | $3.6M | New |
| X United States Steel Corp. | 0.42% | 94,700 | $3.3M | New |
| GRND Grindr Inc. | 0.39% | 259,700 | $3.1M | No change |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.35% | 272,000 | $2.8M | New |
| RSP Invesco S&P 500 Equal Weight | 0.28% | 12,441 | $2.2M | No change |
| OKLO Oklo Inc. | 0.22% | 216,400 | $1.8M | No change |
| INDA iShares MSCI India ETF | 0.20% | 27,590 | $1.6M | Reduce -50.0% |
| EWW iShares MSCI Mexico ETF | 0.18% | 27,152 | $1.5M | Add +50.4% |
| ONMD Onemednet Corp. | 0.18% | 2,301,791 | $1.4M | New |
| IEF iShares 7-10 Year Treasury B | 0.15% | 12,187 | $1.2M | Add +154.8% |
| CTA Simplify Managed Futures St | 0.06% | 19,100 | $497K | New |
| MFUT Cambria Chesapeake Pure TRND | 0.06% | 26,750 | $488K | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.06% | 5,965 | $479K | Add +89.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 699 | $401K | New |
| MLPX Global X MLP & Energy Infras | 0.04% | 6,286 | $342K | New |
| IWM iShares Russell 2000 ETF | 0.03% | 1,084 | $239K | New |
| SHY iShares 1-3 Year Treasury Bo | 0.03% | 2,878 | $239K | New |
| KYTX Kyverna Therapeutics Inc. | 0.02% | 25,000 | $122K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $20.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 9,269,786 | $20.3M | No change |
Total filed on the 13F, all lines: $819.5M.
Portfolio Sells Q2 2024 → Q3 2024
| VIST Vista Energy Sab DE CV | Reduce -48.3% | 6.96% | −8.20 |
| WDC Western Digital Corp. | Sold out | 0.00% | −6.40 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −4.39 |
| CVX Chevron Corp. | Sold out | 0.00% | −4.20 |
| GEHC GE Healthcare Technology | Reduce -49.2% | 2.47% | −1.95 |
| VTLE Vital Energy Inc. | Sold out | 0.00% | −1.79 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −1.56 |
| PM Philip Morris International | Reduce -55.3% | 1.42% | −1.48 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −1.41 |
| AGRO Adecoagro SA | Reduce -46.0% | 1.78% | −1.38 |
| SNAP Snap Inc. Class A | Reduce -0.3% | 1.82% | −1.27 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.86 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.82 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.80 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.66 |
| STNE Stoneco Ltd. Class A | Sold out | 0.00% | −0.63 |
| ARGT Global X MSCI Argentina ETF | Sold out | 0.00% | −0.46 |
| INTC Intel Corp. | Sold out | 0.00% | −0.33 |
| INDA iShares MSCI India ETF | Reduce -50.0% | 0.20% | −0.22 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.21 |
| LOAR Loar Holdings Inc. | Sold out | 0.00% | −0.18 |
| FRDM Freedom 100 Emeging MRKT ETF | Sold out | 0.00% | −0.16 |
| ULS Ul Solutions Inc. Class A | Sold out | 0.00% | −0.14 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.12 |
| BMA Banco Macro SA-ADR | Sold out | 0.00% | −0.03 |
| VKTX Viking Therapeutics Inc. | Reduce -10.6% | 1.04% | −0.02 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -3.6% | 7.95% | +1.41 |
Portfolio Buys Q2 2024 → Q3 2024
| VST Vistra Corp. | New | 5.44% | +5.44 |
| CEG Constellation Energy | New | 5.25% | +5.25 |
| IBIT iShares Bitcoin Trust ETF | New | 3.86% | +3.86 |
| AMZN Amazon.com Inc. | Add +77.7% | 5.94% | +2.15 |
| GENI Genius Sports Ltd. | Add +17.3% | 5.26% | +1.85 |
| JD Jd.com Inc.-ADR | New | 1.83% | +1.83 |
| ADBE Adobe Inc. | New | 1.61% | +1.61 |
| BAP Credicorp Ltd. | New | 1.51% | +1.51 |
| APP AppLovin Corp. Class A | Add +5.5% | 3.97% | +1.35 |
| MCD McDonald's Corp. | New | 1.29% | +1.29 |
| NFLX Netflix Inc. | New | 1.28% | +1.28 |
| TTWO Take-Two Interactive Softwre | Add +61.6% | 3.71% | +1.17 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 1.17% | +1.17 |
| BABA Alibaba Group Holding-SP ADR | Add +73.0% | 1.83% | +1.05 |
| PAM Pampa Energia SA-Spon ADR | New | 0.87% | +0.87 |
| AEM Agnico Eagle Mines Ltd. | New | 0.74% | +0.74 |
| ENPH Enphase Energy Inc. | New | 0.72% | +0.72 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.64% | +0.64 |
| GEO The Geo Group Inc. | New | 0.62% | +0.62 |
| LEN Lennar Corp. Class A | New | 0.61% | +0.61 |
| EPR Epr Properties | New | 0.51% | +0.51 |
| HDB HDFC Bank Ltd.-ADR | New | 0.47% | +0.47 |
| NVDA Nvidia Corp. | New | 0.46% | +0.46 |
| EPI Wisdomtree India Earnings | Add +26.1% | 2.46% | +0.42 |
| X United States Steel Corp. | New | 0.42% | +0.42 |
| URA Global X Uranium ETF | Add +57.6% | 1.23% | +0.37 |
| BBAR Bbva Argentina SA-ADR | New | 0.35% | +0.35 |
| META Meta Platforms Inc. Class A | Add +3.8% | 4.72% | +0.34 |
| ONMD Onemednet Corp. | New | 0.18% | +0.18 |
| IEF iShares 7-10 Year Treasury B | Add +154.8% | 0.15% | +0.09 |
| CTA Simplify Managed Futures St | New | 0.06% | +0.06 |
| MFUT Cambria Chesapeake Pure TRND | New | 0.06% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.05% | +0.05 |
| MLPX Global X MLP & Energy Infras | New | 0.04% | +0.04 |
| EWW iShares MSCI Mexico ETF | Add +50.4% | 0.18% | +0.04 |
| IWM iShares Russell 2000 ETF | New | 0.03% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.03% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +89.9% | 0.06% | +0.03 |
| XOP SS SPDR S&P Og Exp & Prod | Add +21.9% | 0.68% | +0.01 |
| JRVR James River Group Holdings I | Add +2.2% | 0.60% | −0.19 |
| AMX America Movil Sab DE CV | Add +3.2% | 3.80% | −0.38 |
| TV Grupo Televisa SA-Spon ADR | Add +2.9% | 5.59% | −0.83 |
Options Activity Q2 2024 → Q3 2024
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 52,000 | $24.9Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |