Discovery Capital Management, LLC / CT
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Discovery Capital Management, LLC / CT reported 76 stock positions worth $1.4 billion. Its top holding was JPMorgan Chase (JPM) at 5.5% of the portfolio, followed by Grupo Financiero Galicia-ADR (GGAL, 5.4%) and SS SPDR S&P Og Exp & Prod (XOP, 5.2%). Compared with Q3 2024, it opened 37 new positions, sold out of 19, added to 17 and reduced 16. The biggest buy was a new position in JPMorgan Chase (JPM) and the biggest sale Meta Platforms Class A (META, shares −40%).
- Most Recent 13F
- Q2 2026
- Location
- SOUTH NORWALK, CT
- CIK
- 0001389507
- Portfolio Value
- $1.4B (Q4 2024)
- SEC Filing
- 0000919574-25-000990 ↗ filed Feb 12, 2025
Holdings Value
Holdings 76 stocks · $1.4B
| JPM JPMorgan Chase & Co. | 5.49% | 331,900 | $79.6M | New |
| GGAL Grupo Financiero Galicia-ADR | 5.44% | 1,264,678 | $78.8M | Reduce -16.2% |
| XOP SS SPDR S&P Og Exp & Prod | 5.24% | 573,000 | $75.8M | Add +1290.8% |
| AMZN Amazon.com Inc. | 5.05% | 333,300 | $73.1M | Add +30.8% |
| VIST Vista Energy Sab DE CV | 4.93% | 1,320,566 | $71.5M | Add +4.9% |
| XOM Exxon Mobil Corp. | 4.59% | 617,400 | $66.4M | New |
| NBIS Nebius Group NV | 3.73% | 1,947,976 | $54.0M | New |
| VST Vistra Corp. | 3.70% | 388,200 | $53.5M | Add +5.8% |
| GEO The Geo Group Inc. | 3.55% | 1,839,500 | $51.5M | Add +375.2% |
| BA The Boeing Co. | 3.17% | 259,100 | $45.9M | New |
| GENI Genius Sports Ltd. | 3.13% | 5,245,605 | $45.4M | Reduce -2.2% |
| CEG Constellation Energy | 2.57% | 166,200 | $37.2M | Add +3.0% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 2.50% | 852,479 | $36.2M | Add +14.4% |
| TTWO Take-Two Interactive Softwre | 2.29% | 179,957 | $33.1M | Reduce -6.7% |
| FBTC Fidelity Wise Origin Bitcoin | 2.27% | 403,500 | $32.9M | New |
| GPN Global Payments Inc. | 2.12% | 274,300 | $30.7M | New |
| TV Grupo Televisa SA-Spon ADR | 2.03% | 17,536,831 | $29.5M | Add +0.6% |
| IBIT iShares Bitcoin Trust ETF | 1.91% | 521,523 | $27.7M | Reduce -38.9% |
| ADBE Adobe Inc. | 1.89% | 61,500 | $27.3M | Add +147.0% |
| DFS Discover Financial Services | 1.69% | 140,900 | $24.4M | New |
| AMX America Movil Sab DE CV | 1.65% | 1,673,888 | $24.0M | Reduce -9.7% |
| META Meta Platforms Inc. Class A | 1.61% | 39,810 | $23.3M | Reduce -39.6% |
| GEV GE Vernova Inc. | 1.59% | 70,200 | $23.1M | New |
| COF Capital One Financial Corp. | 1.43% | 116,300 | $20.7M | New |
| X United States Steel Corp. | 1.31% | 556,800 | $18.9M | Add +488.0% |
| GLNG Golar LNG Ltd. | 1.22% | 418,700 | $17.7M | New |
| MRVL Marvell Technology Inc. | 1.13% | 148,500 | $16.4M | New |
| NFLX Netflix Inc. | 1.08% | 17,500 | $15.6M | Add +21.5% |
| BAP Credicorp Ltd. | 1.02% | 80,300 | $14.7M | Add +20.0% |
| SNAP Snap Inc. Class A | 1.01% | 1,353,100 | $14.6M | Reduce -0.2% |
| PSN Parsons Corp. | 0.98% | 154,300 | $14.2M | New |
| PAM Pampa Energia SA-Spon ADR | 0.92% | 152,207 | $13.4M | Add +30.9% |
| COMP Compass Inc. Class A | 0.92% | 2,273,161 | $13.3M | No change |
| APP AppLovin Corp. Class A | 0.91% | 40,740 | $13.2M | Reduce -83.3% |
| ECG Everus Construction Group | 0.91% | 200,000 | $13.2M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.83% | 35,300 | $12.1M | Add +6.0% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.80% | 1,175,600 | $11.5M | New |
| AGRO Adecoagro SA | 0.80% | 1,222,620 | $11.5M | Reduce -4.8% |
| AVGO Broadcom Inc. | 0.77% | 48,400 | $11.2M | New |
| AMTM Amentum Holdings Inc. | 0.68% | 465,300 | $9.8M | New |
| CX Cemex Sab-Spons ADR Part Cer | 0.66% | 1,704,100 | $9.6M | New |
| METC Ramaco Resources Inc. Class A | 0.64% | 905,372 | $9.3M | New |
| ALAB Astera Labs Inc. | 0.60% | 65,500 | $8.7M | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.55% | 107,400 | $7.9M | New |
| GOOGL Alphabet Inc. Class A | 0.55% | 41,700 | $7.9M | New |
| PINS Pinterest Inc. Class A | 0.54% | 269,600 | $7.8M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.49% | 25,000 | $7.1M | New |
| GS Goldman Sachs Group Inc. | 0.47% | 12,000 | $6.9M | New |
| TLN Talen Energy Corp. | 0.47% | 34,100 | $6.9M | New |
| URA Global X Uranium ETF | 0.45% | 242,200 | $6.5M | Reduce -29.2% |
| MIR Mirion Technologies Inc. | 0.43% | 360,000 | $6.3M | New |
| RIOT Riot Platforms Inc. | 0.40% | 565,680 | $5.8M | New |
| SLM SLM Corp. | 0.40% | 209,400 | $5.8M | New |
| FSLR First Solar Inc. | 0.40% | 32,700 | $5.8M | New |
| EPI Wisdomtree India Earnings | 0.39% | 125,700 | $5.7M | Reduce -67.8% |
| CXW Corecivic Inc. | 0.35% | 234,600 | $5.1M | New |
| VKTX Viking Therapeutics Inc. | 0.35% | 124,400 | $5.0M | Reduce -5.3% |
| EPR Epr Properties filed as EPR PPTYS | 0.34% | 112,618 | $5.0M | Add +36.3% |
| GRND Grindr Inc. | 0.32% | 259,700 | $4.6M | No change |
| LOAR Loar Holdings Inc. | 0.31% | 60,000 | $4.4M | New |
| GEHC GE Healthcare Technology | 0.27% | 50,000 | $3.9M | Reduce -76.3% |
| HDB HDFC Bank Ltd.-ADR | 0.27% | 60,200 | $3.8M | No change |
| JRVR James River Group Holdings I | 0.26% | 768,555 | $3.7M | No change |
| FRO Frontline PLC | 0.24% | 250,000 | $3.5M | New |
| ONMD Onemednet Corp. | 0.22% | 2,301,791 | $3.1M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 12,441 | $2.2M | No change |
| COLOMBIER ACQUISITION CORP | 0.15% | 185,000 | $2.2M | New |
| ABX Abacus Global Management Inc. | 0.14% | 250,000 | $2.0M | New |
| IEF iShares 7-10 Year Treasury B | 0.09% | 13,518 | $1.2M | Add +10.9% |
| BBAR Bbva Argentina SA-ADR filed as BANCO BBVA ARGENTINA S A | 0.07% | 52,100 | $993K | Reduce -80.8% |
| INDA iShares MSCI India ETF | 0.07% | 18,590 | $979K | Reduce -32.6% |
| TIP iShares Tips Bond ETF | 0.04% | 5,862 | $625K | New |
| MLPX Global X MLP & Energy Infras | 0.03% | 6,224 | $377K | Reduce -1.0% |
| EEM iShares MSCI Emerging Market | 0.02% | 7,462 | $312K | New |
| SHY iShares 1-3 Year Treasury Bo | 0.02% | 3,050 | $250K | Add +6.0% |
| METCB Ramaco Resources Inc. Class B | 0.01% | 10,686 | $106K | New |
Options reported separately and not counted above: SPY puts ($6.2M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $19.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 9,269,786 | $19.9M | No change |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q3 2024 → Q4 2024
| META Meta Platforms Inc. Class A | Reduce -39.6% | 1.61% | −3.11 |
| APP AppLovin Corp. Class A | Reduce -83.3% | 0.91% | −3.06 |
| GGAL Grupo Financiero Galicia-ADR | Reduce -16.2% | 5.44% | −2.51 |
| GEHC GE Healthcare Technology | Reduce -76.3% | 0.27% | −2.20 |
| AMX America Movil Sab DE CV | Reduce -9.7% | 1.65% | −2.14 |
| GENI Genius Sports Ltd. | Reduce -2.2% | 3.13% | −2.13 |
| EPI Wisdomtree India Earnings | Reduce -67.8% | 0.39% | −2.07 |
| IBIT iShares Bitcoin Trust ETF | Reduce -38.9% | 1.91% | −1.95 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −1.83 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −1.83 |
| TTWO Take-Two Interactive Softwre | Reduce -6.7% | 2.29% | −1.42 |
| PM Philip Morris International | Sold out | 0.00% | −1.42 |
| MCD McDonald's Corp. | Sold out | 0.00% | −1.29 |
| LEU Centrus Energy Corp. Class A | Sold out | 0.00% | −0.99 |
| AGRO Adecoagro SA | Reduce -4.8% | 0.80% | −0.98 |
| SNAP Snap Inc. Class A | Reduce -0.2% | 1.01% | −0.81 |
| URA Global X Uranium ETF | Reduce -29.2% | 0.45% | −0.78 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.74 |
| ENPH Enphase Energy Inc. | Sold out | 0.00% | −0.72 |
| VKTX Viking Therapeutics Inc. | Reduce -5.3% | 0.35% | −0.70 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.64 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.61 |
| BNTX Biontech SE-ADR | Sold out | 0.00% | −0.46 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.46 |
| BBAR Bbva Argentina SA-ADR | Reduce -80.8% | 0.07% | −0.28 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.22 |
| EWW iShares MSCI Mexico ETF | Sold out | 0.00% | −0.18 |
| INDA iShares MSCI India ETF | Reduce -32.6% | 0.07% | −0.13 |
| CTA Simplify Managed Futures St | Sold out | 0.00% | −0.06 |
| MFUT Cambria Chesapeake Pure TRND | Sold out | 0.00% | −0.06 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.05 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.03 |
| MLPX Global X MLP & Energy Infras | Reduce -1.0% | 0.03% | −0.02 |
| KYTX Kyverna Therapeutics Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| JPM JPMorgan Chase & Co. | New | 5.49% | +5.49 |
| XOM Exxon Mobil Corp. | New | 4.59% | +4.59 |
| XOP SS SPDR S&P Og Exp & Prod | Add +1290.8% | 5.24% | +4.56 |
| NBIS Nebius Group NV | New | 3.73% | +3.73 |
| BA The Boeing Co. | New | 3.17% | +3.17 |
| GEO The Geo Group Inc. | Add +375.2% | 3.55% | +2.93 |
| FBTC Fidelity Wise Origin Bitcoin | New | 2.27% | +2.27 |
| GPN Global Payments Inc. | New | 2.12% | +2.12 |
| DFS Discover Financial Services | New | 1.69% | +1.69 |
| GEV GE Vernova Inc. | New | 1.59% | +1.59 |
| COF Capital One Financial Corp. | New | 1.43% | +1.43 |
| GLNG Golar LNG Ltd. | New | 1.22% | +1.22 |
| MRVL Marvell Technology Inc. | New | 1.13% | +1.13 |
| PSN Parsons Corp. | New | 0.98% | +0.98 |
| ECG Everus Construction Group | New | 0.91% | +0.91 |
| X United States Steel Corp. | Add +488.0% | 1.31% | +0.89 |
| IREN Iren Ltd. | New | 0.80% | +0.80 |
| AVGO Broadcom Inc. | New | 0.77% | +0.77 |
| AMTM Amentum Holdings Inc. | New | 0.68% | +0.68 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.66% | +0.66 |
| METC Ramaco Resources Inc. Class A | New | 0.64% | +0.64 |
| ALAB Astera Labs Inc. | New | 0.60% | +0.60 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.55% | +0.55 |
| GOOGL Alphabet Inc. Class A | New | 0.55% | +0.55 |
| PINS Pinterest Inc. Class A | New | 0.54% | +0.54 |
| YPF YPF S.A.-Sponsored ADR | Add +14.4% | 2.50% | +0.52 |
| AJG Arthur J Gallagher & Co. | New | 0.49% | +0.49 |
| GS Goldman Sachs Group Inc. | New | 0.47% | +0.47 |
| TLN Talen Energy Corp. | New | 0.47% | +0.47 |
| MIR Mirion Technologies Inc. | New | 0.43% | +0.43 |
| RIOT Riot Platforms Inc. | New | 0.40% | +0.40 |
| SLM SLM Corp. | New | 0.40% | +0.40 |
| FSLR First Solar Inc. | New | 0.40% | +0.40 |
| CXW Corecivic Inc. | New | 0.35% | +0.35 |
| LOAR Loar Holdings Inc. | New | 0.31% | +0.31 |
| ADBE Adobe Inc. | Add +147.0% | 1.89% | +0.28 |
| FRO Frontline PLC | New | 0.24% | +0.24 |
| COLOMBIER ACQUISITION CORP | New | 0.15% | +0.15 |
| ABX Abacus Global Management Inc. | New | 0.14% | +0.14 |
| PAM Pampa Energia SA-Spon ADR | Add +30.9% | 0.92% | +0.05 |
| TIP iShares Tips Bond ETF | New | 0.04% | +0.04 |
| EEM iShares MSCI Emerging Market | New | 0.02% | +0.02 |
| METCB Ramaco Resources Inc. Class B | New | 0.01% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +6.0% | 0.02% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Add +10.9% | 0.09% | −0.06 |
| EPR Epr Properties | Add +36.3% | 0.34% | −0.16 |
| NFLX Netflix Inc. | Add +21.5% | 1.08% | −0.20 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +6.0% | 0.83% | −0.33 |
| BAP Credicorp Ltd. | Add +20.0% | 1.02% | −0.50 |
| AMZN Amazon.com Inc. | Add +30.8% | 5.05% | −0.89 |
Options Activity Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 10,500 | $6.2M |
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 |