1y return+18.3%S&P 500 +20.9%
3y return+76.8%S&P 500 +68.5%
5y return+28.6%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 March 31, 2020: $298 against $290 in the S&P 500.2
Discovery Capital Management, LLC / CtS&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 |
|---|---|---|---|
| SNDKSandisk Corp | $472.0M | 19.6% | +13.0% |
| Credicorp LtdCUSIP G2519Y108 | $105.9M | 4.4% | +93.2% |
| AMXAmerica Movil Sab De Cv | $103.6M | 4.3% | −10.3% |
| AMCAmc Entmt Hldgs Inc | $98.4M | 4.1% | New |
| COMPCompass Inc | $92.8M | 3.9% | +23.9% |
| TET1 Energy Inc | $70.8M | 2.9% | New |
| METCRamaco Res Inc | $70.3M | 2.9% | −3.6% |
| Jbs N.v.CUSIP N4732M103 | $64.4M | 2.7% | +61.5% |
| TVGrupo Televisa S A B | $59.9M | 2.5% | −1.2% |
| CVXChevron Corporation | $58.9M | 2.4% | New |
| CARAvis Budget Group Inc | $52.3M | 2.2% | −35.5% |
| JPMJpmorgan Chase & Co | $49.5M | 2.1% | −2.2% |
| Nu Hldgs LtdCUSIP G6683N103 | $47.9M | 2.0% | +60.0% |
| GGALGrupo Financiero Galicia S.a | $45.9M | 1.9% | +5.6% |
| Genius Sports LimitedCUSIP G3934V109 | $43.8M | 1.8% | −3.0% |
| APPApplovin Corp | $42.8M | 1.8% | +64.0% |
| AMZNAmazon Com Inc | $42.1M | 1.7% | +41.8% |
| CXCemex Sa Euro Mtn Be 144a | $37.9M | 1.6% | −9.1% |
| GEOGeo Group Inc | $37.2M | 1.5% | −11.7% |
| COFCapital One Finl Corp | $34.7M | 1.4% | −35.6% |
| PRMBPrimo Brands Corporation | $33.7M | 1.4% | −1.5% |
| VLOValero Energy Corp | $31.1M | 1.3% | +40.5% |
| Ferrari N VCUSIP N3167Y103 | $30.4M | 1.3% | New |
| TTWOTake-two Interactive Softwar | $28.7M | 1.2% | New |
| PSNParsons Corp Del | $27.7M | 1.2% | +5.9% |
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 |
|---|---|---|---|
| APPApplovin Corp | March 31, 2024 | +644.3% | $42.8M |
| WOLFWolfspeed Inc | March 31, 2026 | +195.6% | $26.5M |
| GEOGeo Group Inc | September 30, 2024 | +130.0% | $37.2M |
| Credicorp LtdCUSIP G2519Y108 | September 30, 2024 | +115.3% | $105.9M |
| CXCemex Sa Euro Mtn Be 144a | December 31, 2024 | +112.8% | $37.9M |
| ONOn Semiconductor Corp | March 31, 2026 | +52.7% | $15.3M |
| METCRamaco Res Inc | December 31, 2024 | +28.9% | $70.3M |
| YPFYpf Sociedad Anonima | December 31, 2025 | +25.7% | $27.5M |
| AMXAmerica Movil Sab De Cv | June 30, 2023 | +20.1% | $103.6M |
| JPMJpmorgan Chase & Co | June 30, 2025 | +12.9% | $49.5M |
Sold off last quarter
- Intercorp Finl Svcs IncCUSIP P5626F128 was $53.1M
- VNETVnet Group Inc was $50.4M
- IBITIshares Bitcoin Trust Etf was $24.7M
- LNGCheniere Energy Inc was $19.1M
- ROSTRoss Stores Inc was $15.5M
- TERTeradyne Inc was $15.4M
- SOXXIshares Tr was $14.5M
- Golar Lng LtdCUSIP G9456A100 was $14.4M
- CLFCleveland-cliffs Inc New was $12.2M
- MDLNMedline Inc was $11.1M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +12.5% | +14.8% |
| March 31, 2026 | −3.3% | −4.6% |
| December 31, 2025 | −6.0% | +2.4% |
| September 30, 2025 | +15.8% | +7.8% |
| June 30, 2025 | +19.4% | +10.5% |
| March 31, 2025 | −6.3% | −4.6% |
| December 31, 2024 | +14.9% | +2.1% |
| September 30, 2024 | +5.0% | +5.4% |
| June 30, 2024 | −3.4% | +4.0% |
| March 31, 2024 | +8.1% | +10.0% |
| December 31, 2023 | +8.9% | +11.2% |
| September 30, 2023 | −2.7% | −3.6% |
| June 30, 2023 | +6.6% | +8.3% |
| March 31, 2023 | +9.8% | +7.0% |
| December 31, 2022 | +1.4% | +7.1% |
| September 30, 2022 | +3.4% | −5.3% |
| June 30, 2022 | −24.7% | −16.5% |
| March 31, 2022 | −6.4% | −4.9% |
| December 31, 2021 | −13.0% | +10.7% |
| September 30, 2021 | −3.3% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Discovery Capital Management, LLC / Ct Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1389507&type=13F-HR&dateb=&owner=include&count=40CIK 1389507
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1389507/000091957426005426/Filed August 14, 2026 · accession 0000919574-26-005426