1y return−9.7%S&P 500 +20.9%
3y return+26.9%S&P 500 +68.5%
5y return+20.9%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2020: $141 against $200 in the S&P 500.2
Discerene Group LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BABAAlibaba Group Hldg Ltd | $262.8M | 29.6% | +3.6% |
| JDJd.com Inc | $151.8M | 17.1% | |
| EDUNew Oriental Ed & Technology | $141.3M | 15.9% | +63.2% |
| CPRTCopart Inc | $95.2M | 10.7% | New |
| SABRSabre Corp | $77.6M | 8.7% | −5.1% |
| SLBSlb Limited | $62.5M | 7.0% | −12.6% |
| HALHalliburton Co | $33.7M | 3.8% | |
| WUWestern Un Co | $26.4M | 3.0% | −6.5% |
| CCUCompania Cervecerias Unidas | $18.3M | 2.1% | −12.7% |
| TALTal Ed Group | $13.0M | 1.5% | |
| TEOTelecom Argentina Sa | $5.4M | 0.6% | |
| TKCTurkcell Iletisim | $1.2M | 0.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| SLBSlb Limited | December 31, 2020 | +113.0% | $62.5M |
| TEOTelecom Argentina Sa | December 31, 2020 | +98.2% | $5.4M |
| TALTal Ed Group | September 30, 2021 | +97.7% | $13.0M |
| HALHalliburton Co | December 31, 2020 | +79.6% | $33.7M |
| TKCTurkcell Iletisim | December 31, 2020 | +9.1% | $1.2M |
| EDUNew Oriental Ed & Technology | March 31, 2025 | −4.0% | $141.3M |
| JDJd.com Inc | September 30, 2023 | −12.5% | $151.8M |
| BABAAlibaba Group Hldg Ltd | December 31, 2021 | −19.2% | $262.8M |
| CCUCompania Cervecerias Unidas | December 31, 2020 | −23.8% | $18.3M |
| WUWestern Un Co | December 31, 2020 | −64.9% | $26.4M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −13.4% | +14.8% |
| March 31, 2026 | −2.2% | −4.6% |
| December 31, 2025 | −10.7% | +2.4% |
| September 30, 2025 | +19.4% | +7.8% |
| June 30, 2025 | −13.0% | +10.5% |
| March 31, 2025 | +25.8% | −4.6% |
| December 31, 2024 | −13.4% | +2.1% |
| September 30, 2024 | +29.7% | +5.4% |
| June 30, 2024 | −4.8% | +4.0% |
| March 31, 2024 | +0.6% | +10.0% |
| December 31, 2023 | +5.4% | +11.2% |
| September 30, 2023 | +13.2% | −3.6% |
| June 30, 2023 | −1.8% | +8.3% |
| March 31, 2023 | +0.8% | +7.0% |
| December 31, 2022 | +22.2% | +7.1% |
| September 30, 2022 | −8.7% | −5.3% |
| June 30, 2022 | −7.3% | −16.5% |
| March 31, 2022 | +6.8% | −4.9% |
| December 31, 2021 | −3.8% | +10.7% |
| September 30, 2021 | −9.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Discerene Group LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1632958&type=13F-HR&dateb=&owner=include&count=40CIK 1632958
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1632958/000163295826000015/Filed August 14, 2026 · accession 0001632958-26-000015