DISCOVERY CAPITAL MANAGEMENT, LLC / CT

Reported holdings as of Q2 2026, from 31 quarterly filings.

CIK

1389507

Reported value

$2.4B

Positions

113

Top 10 weight

49.7%

Filed

2026-08-14

Days after quarter end

Holdings

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
SANDISK CORP	SNDK	$472.0M	207,587	19.60%	+13.54pp	2q	+13.0%+$54.3M
CREDICORP LTD	BAP	$105.9M	271,865	4.40%	+1.92pp	8q	+93.2%+$51.1M
AMERICA MOVIL SAB DE CV	AMX	$103.6M	3,988,067	4.30%	-1.58pp	13q	-10.3%-$11.9M
AMC ENTMT HLDGS INC	AMC	$98.4M	51,799,352	4.09%	-	new	NEW
COMPASS INC	COMP	$92.8M	7,526,497	3.85%	+1.55pp	21q	+23.9%+$17.9M
T1 ENERGY INC	TE	$70.8M	7,465,100	2.94%	-	new	NEW
RAMACO RES INC	METC	$70.3M	5,311,360	2.92%	-1.51pp	7q	-3.6%-$2.6M
JBS N.V.	JBS	$64.4M	5,436,300	2.68%	-0.47pp	5q	+61.5%+$24.5M
GRUPO TELEVISA S A B	TV	$59.9M	22,117,634	2.49%	-0.90pp	15q	-1.2%-$732.5K
CHEVRON CORPORATION	CVX	$58.9M	355,336	2.45%	-	new	NEW
AVIS BUDGET GROUP INC	CAR	$52.3M	353,848	2.17%	-1.99pp	2q	-35.5%-$28.8M
JPMORGAN CHASE & CO	JPM	$49.5M	151,300	2.06%	-0.31pp	5q	-2.2%-$1.1M
NU HLDGS LTD	NU	$47.9M	3,587,500	1.99%	+0.32pp	5q	+60.0%+$18.0M
GRUPO FINANCIERO GALICIA S.A	GGAL	$45.9M	917,929	1.91%	-0.20pp	3q	+5.6%+$2.4M
GENIUS SPORTS LIMITED	GENI	$43.8M	7,231,145	1.82%	+0.10pp	11q	-3.0%-$1.4M
APPLOVIN CORP	APP	$42.8M	83,040	1.78%	+0.73pp	10q	+64.0%+$16.7M
AMAZON COM INC	AMZN	$42.1M	176,435	1.75%	+0.40pp	3q	+41.8%+$12.4M
CEMEX SA EURO MTN BE 144A	CX	$37.9M	3,157,800	1.57%	-0.49pp	7q	-9.1%-$3.8M
GEO GROUP INC	GEO	$37.2M	1,258,600	1.54%	+0.30pp	8q	-11.7%-$4.9M
CAPITAL ONE FINL CORP	COF	$34.7M	173,210	1.44%	-1.10pp	5q	-35.6%-$19.2M
PRIMO BRANDS CORPORATION	PRMB	$33.7M	1,379,400	1.40%	+0.03pp	5q	-1.5%-$496.1K
VALERO ENERGY CORP	VLO	$31.1M	119,400	1.29%	+0.20pp	2q	+40.5%+$9.0M
FERRARI N V	RACE	$30.4M	81,583	1.26%	-	new	NEW
TAKE-TWO INTERACTIVE SOFTWAR	TTWO	$28.7M	115,000	1.19%	-	new	NEW
PARSONS CORP DEL	PSN	$27.7M	528,600	1.15%	-0.25pp	7q	+5.9%+$1.5M
YPF SOCIEDAD ANONIMA	YPF	$27.5M	604,992	1.14%	-0.15pp	3q	+12.4%+$3.0M
GOLDMAN SACHS GROUP INC	GS	$27.3M	27,000	1.13%	-	new	NEW
FISERV INC	FISV	$27.0M	551,200	1.12%	+0.23pp	4q	+78.0%+$11.9M
WOLFSPEED INC	WOLF	$26.5M	548,375	1.10%	+0.74pp	2q	+29.1%+$6.0M
LPL FINL HLDGS INC	LPLA	$26.3M	93,500	1.09%	-	new	NEW
PERPETUA RESOURCES CORP	PPTA	$24.6M	1,186,700	1.02%	-0.89pp	4q	-9.2%-$2.5M
ULTA BEAUTY INC	ULTA	$23.5M	52,000	0.97%	-0.29pp	2q	+11.6%+$2.4M
BANCO BBVA ARGENTINA S A	BBAR	$22.9M	1,166,600	0.95%	+0.11pp	3q	+15.8%+$3.1M
QXO INC	QXO	$21.5M	1,242,390	0.89%	-0.50pp	5q	-9.7%-$2.3M
FIVE BELOW INC	FIVE	$18.5M	102,700	0.77%	-	new	NEW
WARBY PARKER INC	WRBY	$17.8M	587,655	0.74%	-	new	NEW
ON SEMICONDUCTOR CORP	ON	$15.3M	162,300	0.64%	-3.90pp	2q	-88.5%-$117.9M
SOLV ENERGY INC	MWH	$14.0M	411,700	0.58%	-	new	NEW
PINTEREST INC	PINS	$14.0M	665,969	0.58%	-0.15pp	7q	-13.8%-$2.2M
ROCKET COS INC	RKT	$13.9M	884,300	0.58%	-0.08pp	2q	HELD
NEXTPOWER INC	NXT	$13.9M	116,800	0.58%	-	new	NEW
ADECOAGRO S A	AGRO	$13.2M	1,379,217	0.55%	-0.45pp	12q	+8.2%+$1.0M
CHURCHILL DOWNS INC	CHDN	$12.4M	138,200	0.51%	-0.23pp	3q	-13.7%-$2.0M
ZOOM COMMUNICATIONS INC	ZM	$12.0M	139,600	0.50%	-	new	NEW
AGNICO EAGLE MINES LTD	AEM	$12.0M	77,300	0.50%	+0.04pp	6q	+78.5%+$5.3M
GROUPON INC	GRPN	$11.8M	491,051	0.49%	-	new	NEW
SALESFORCE INC	CRM	$11.3M	71,900	0.47%	-0.01pp	2q	+45.3%+$3.5M
HALLIBURTON CO	HAL	$10.3M	304,700	0.43%	-	new	NEW
HYPERLIQUID STRATEGIES INC	PURR	$10.3M	1,314,000	0.43%	-	new	NEW
MACOM TECH SOLUTIONS HLDGS I	MTSI	$10.2M	26,900	0.42%	-	new	NEW
FIRST SOLAR INC	FSLR	$9.8M	41,600	0.41%	-0.02pp	2q	HELD
CONTROLADORA VUELA COMP DE A	VLRS	$9.0M	964,171	0.38%	+0.01pp	2q	HELD
STUBHUB HLDGS INC	STUB	$9.0M	697,807	0.37%	+0.06pp	4q	-27.4%-$3.4M
IREN LIMITED	IREN	$8.3M	181,200	0.34%	-2.92pp	7q	-90.1%-$75.6M
BRINKS CO	BCO	$5.6M	59,006	0.23%	-0.09pp	4q	HELD
PAMPA ENERGIA S A	PAM	$5.4M	65,200	0.22%	-	new	NEW
ISHARES TR	EPU	$5.2M	62,500	0.22%	-	new	NEW
ISHARES TR	SHY	$5.2M	63,237	0.22%	-0.03pp	3q	+11.6%+$540.3K
HERTZ GLOBAL HLDGS INC	HTZWW	$5.1M	4,675,405	0.21%	-0.34pp	19q	HELD
KARMAN HLDGS INC	KRMN	$5.0M	100,000	0.21%	-	new	NEW
CHUBB LIMITED	CB	$5.0M	14,612	0.21%	-	new	NEW
ECHOSTAR CORP	ECHO	$5.0M	48,800	0.21%	-2.30pp	4q	-88.2%-$36.9M
JUMIA TECHNOLOGIES AG	JMIA	$4.9M	697,226	0.20%	-0.05pp	2q	HELD
JAMES RIV GROUP HOLDINGS INC	JRVR	$4.7M	1,059,155	0.19%	-0.07pp	3q	+29.3%+$1.1M
ADVANCED MICRO DEVICES INC	AMD	$4.5M	7,817	0.19%	-	new	NEW
DIGITAL RLTY TR INC	DLR	$4.2M	23,500	0.18%	-	new	NEW
ALPHABET INC	GOOGL	$3.6M	10,209	0.15%	-	new	NEW
INTUIT	INTU	$3.6M	13,800	0.15%	-0.33pp	2q	-35.2%-$2.0M
DATADOG INC	DDOG	$3.6M	13,680	0.15%	-	new	NEW
MARVELL TECHNOLOGY INC	MRVL	$3.5M	11,796	0.15%	-	new	NEW
PALO ALTO NETWORKS INC	PANW	$3.5M	10,174	0.14%	-	new	NEW
CHAMPION HOMES INC	SKY	$3.2M	35,800	0.13%	-	new	NEW
FIGMA INC	FIG	$2.9M	157,852	0.12%	-	new	NEW
HUT 8 CORP	HUT	$2.8M	23,900	0.11%	-	new	NEW
ELI LILLY & CO	LLY	$2.7M	2,267	0.11%	-	new	NEW
CLOUDFLARE INC	NET	$2.7M	10,932	0.11%	-	new	NEW
RUBRIK INC.	RBRK	$2.7M	33,169	0.11%	-	new	NEW
OUSTER INC	OUST	$2.5M	40,674	0.11%	-	new	NEW
VERTIV HOLDINGS CO	VRT	$2.5M	7,589	0.11%	-	new	NEW
SNOWFLAKE INC	SNOW	$2.5M	9,732	0.10%	-	new	NEW
REDDIT INC	RDDT	$2.4M	13,982	0.10%	-	new	NEW
ROBLOX CORP	RBLX	$2.4M	43,792	0.10%	-	new	NEW
BANK OF NY MELLON CORP	BNY	$2.4M	16,432	0.10%	-	new	NEW
SERVICETITAN INC	TTAN	$2.3M	32,910	0.10%	-	new	NEW
BITWISE HYPERLIQUID ETF	BHYP	$2.3M	63,000	0.10%	-	new	NEW
COMPASS PATHWAYS PLC	CMPS	$2.1M	150,000	0.09%	+0.04pp	2q	-16.5%-$420.5K
ARISTA NETWORKS INC	ANET	$2.1M	12,307	0.09%	-	new	NEW
ISHARES INC	EWW	$2.0M	26,700	0.08%	-	new	NEW
BANCO MACRO SA	BMA	$2.0M	21,400	0.08%	-	new	NEW
LAM RESEARCH CORP	LRCX	$2.0M	4,568	0.08%	-3.23pp	3q	-98.5%-$127.2M
CIENA CORP	CIEN	$2.0M	4,009	0.08%	-	new	NEW
PROLOGIS INC.	PLD	$1.8M	13,186	0.07%	-	new	NEW
CIPHER DIGITAL INC	CIFR	$1.7M	70,819	0.07%	-	new	NEW
MICRON TECHNOLOGY INC	MU	$1.7M	1,498	0.07%	-4.77pp	3q	-99.5%-$316.9M
SPDR SERIES TRUST	XHB	$1.6M	14,100	0.07%	-	new	NEW
TERAWULF INC	WULF	$1.6M	64,515	0.07%	-	new	NEW
QUALCOMM INC	QCOM	$1.6M	8,593	0.07%	-	new	NEW
COHERENT CORP	COHR	$1.5M	3,881	0.06%	-	new	NEW
21SHARES HYPERLIQUID ETF	THYP	$1.5M	39,200	0.06%	-	new	NEW
LENZ THERAPEUTICS INC	LENZ	$1.4M	241,300	0.06%	-0.06pp	3q	HELD
RAMBUS INC DEL	RMBS	$1.3M	9,965	0.05%	-	new	NEW
ISHARES TR	IYM	$1.1M	6,250	0.05%	-0.06pp	2q	-46.4%-$969.5K
RAMACO RES INC	METCB	$1.1M	128,930	0.05%	-0.02pp	7q	+1.2%+$13.0K
PROPETRO HLDG CORP	PUMP	$1.1M	75,000	0.04%	-	new	NEW
HUYA INC	HUYA	$1.1M	467,300	0.04%	-0.04pp	2q	HELD
ISHARES TR	IYR	$1.0M	10,055	0.04%	-0.01pp	3q	HELD
ISHARES TR	HYG	$1.0M	12,566	0.04%	-0.01pp	3q	HELD
GLOBAL X FDS	MLPX	$905.0K	12,286	0.04%	-0.01pp	4q	HELD
ISHARES TR	IWM	$741.8K	2,469	0.03%	flat	5q	HELD
ISHARES TR	EEM	$506.6K	7,405	0.02%	flat	7q	HELD
SPDR GOLD TR	GLD	$251.2K	682	0.01%	flat	3q	HELD
COINSHARES BITCOIN ETF	BRRR	$226.7K	13,700	0.01%	-0.04pp	2q	-71.6%-$572.6K
ONEMEDNET CORP	ONMD	$79.8K	112,252	0.00%	flat	2q	HELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Computer Hardware	$477.6M	19.8%
Banks & Lending	$349.9M	14.5%
Telecom & Media	$332.2M	13.8%
Software & IT Services	$166.2M	6.9%
Semiconductors & Electronics	$163.7M	6.8%
Energy	$128.9M	5.4%
Mining & Metals	$108.0M	4.5%
Real Estate	$98.8M	4.1%
Food, Drink & Tobacco	$98.1M	4.1%
Business Services	$96.3M	4.0%
Construction & Building	$92.3M	3.8%
Retail & Consumer	$88.9M	3.7%
Other sectors	$183.9M	7.6%
Not classified	$23.2M	1.0%

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q2 2026	$2.4B	113	53	21	24	17	49.7%	45
Q1 2026	$1.9B	77	27	26	8	38	43.0%	45
Q4 2025	$1.8B	88	36	27	20	34	40.4%	48
Q3 2025	$1.8B	86	36	22	20	22	50.4%	45
Q2 2025	$1.3B	72	27	23	17	11	50.6%	45
Q1 2025	$835.9M	56	17	20	12	39	55.7%	45
Q4 2024	$1.5B	78	37	17	16	18	44.1%	43
Q3 2024	$819.5M	59	27	15	7	20	53.6%	44
Q2 2024	$778.7M	52	18	14	14	19	56.2%	44
Q1 2024	$759.7M	53	25	13	12	21	63.4%	45
Q4 2023	$661.2M	49	23	14	8	13	57.3%	45
Q3 2023	$563.2M	39	12	12	8	30	71.5%	45
Q2 2023	$950.8M	57	32	9	12	26	53.1%	45
Q1 2023	$879.6M	51	29	11	8	26	63.0%	45
Q4 2022	$686.3M	48	24	9	12	23	63.3%	45
Q3 2022	$669.4M	47	19	10	11	28	67.8%	45
Q2 2022	$776.0M	56	21	12	19	34	63.8%	46
Q1 2022	$1.2B	69	38	12	12	36	63.0%	46
Q4 2021	$1.3B	67	35	12	14	35	62.4%	45
Q3 2021	$1.3B	67	29	16	15	21	66.8%	46
Q2 2021	$1.5B	59	19	22	15	21	71.8%	47
Q1 2021	$746.2M	61	32	13	12	23	56.2%	47
Q4 2020	$811.1M	52	22	11	14	28	60.4%	47
Q3 2020	$652.4M	58	27	13	15	23	51.8%	47
Q2 2020	$550.6M	54	34	9	10	11	59.5%	45
Q1 2020	$363.6M	31	20	4	5	11	70.2%	45
Q4 2019	$314.9M	22	7	5	9	13	76.8%	45
Q3 2019	$597.5M	28	16	4	6	23	75.0%	45
Q2 2019	$1.0B	35	19	6	9	16	66.6%	45
Q1 2019	$960.3M	32	12	9	11	21	71.0%	45
Q4 2018	$1.2B	41	0	0	0	0	58.2%	45

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.