How We Invest

13F FILER • ROBERT CITRONE

Discovery Capital Management

Robert Citrone — DISCOVERY CAPITAL MANAGEMENT, LLC / CT

No writing by this manager has been read and indexed yet, so this page carries the filings only. Holdings come straight from the Form 13F-HR on EDGAR.

113

Positions

$2.4B

Reported Value

49.7%

In Top 10

—

Claims Indexed

Largest reported positions

DISCOVERY CAPITAL MANAGEMENT, LLC / CT • CIK 0001389507 • 2026-06-30 • FILED 2026-08-14

WHAT CHANGED THIS QUARTER

In its Q2 2026 13F, filed Aug 14, 2026, Discovery Capital Management reported 113 positions worth $2.4B in US-listed stock. The largest stock position is Sandisk Corp at 19.6% of the reported book, and the ten largest lines of any type make up 49.7% of it.

It opened 53 new positions, the largest stock positions being Amc Entmt Hldgs Inc ($98.4M), T1 Energy Inc ($70.8M) and Chevron Corporation ($58.9M), and exited 17, the largest stock exits being Intercorp Finl Svcs Inc ($53.1M last quarter), Vnet Group Inc ($50.4M last quarter) and Ishares Bitcoin Trust Etf ($24.7M last quarter).

Among positions it already held, the biggest increases by share count were Credicorp Ltd (+93%), Fiserv Inc (+78%) and Applovin Corp (+64%), and the biggest cuts were On Semiconductor Corp (−88%), Capital One Finl Corp (−36%) and Avis Budget Group Inc (−35%).

Largest reported positions, quarter ended 2026-06-30
IssuerValueWeightShares QoQ
SANDISK CORP$472.0M19.6%+13%
CREDICORP LTD$105.9M4.4%+93%
AMERICA MOVIL SAB DE CV$103.6M4.3%-10%
AMC ENTMT HLDGS INC$98.4M4.1%New
COMPASS INC$92.8M3.9%+24%
T1 ENERGY INC$70.8M2.9%New
RAMACO RES INC$70.3M2.9%-4%
JBS N.V.$64.4M2.7%+62%
GRUPO TELEVISA S A B$59.9M2.5%-1%
CHEVRON CORPORATION$58.9M2.5%New
AVIS BUDGET GROUP INC$52.3M2.2%-36%
JPMORGAN CHASE & CO$49.5M2.1%-2%
NU HLDGS LTD$47.9M2.0%+60%
GRUPO FINANCIERO GALICIA S.A$45.9M1.9%+6%
GENIUS SPORTS LIMITED$43.8M1.8%-3%
APPLOVIN CORP$42.8M1.8%+64%
AMAZON COM INC$42.1M1.8%+42%
CEMEX SA EURO MTN BE 144A$37.9M1.6%-9%
GEO GROUP INC$37.2M1.5%-12%
CAPITAL ONE FINL CORP$34.7M1.4%-36%

20 of 113 positions. A 13F covers long US-listed positions at a quarter end only — no shorts, leverage, cash, ordinary bonds or private holdings — and is 45 days old on publication.

NEW POSITIONS

  • Amc Entmt Hldgs Inc$98.4M · 4.1%
  • T1 Energy Inc$70.8M · 2.9%
  • Chevron Corporation$58.9M · 2.5%
  • Ferrari N V$30.4M · 1.3%
  • Take-Two Interactive Softwar$28.7M · 1.2%

EXITS

  • Intercorp Finl Svcs Inc$53.1M last quarter
  • Vnet Group Inc$50.4M last quarter
  • Ishares Bitcoin Trust Etf$24.7M last quarter
  • Cheniere Energy Inc$19.1M last quarter
  • Ross Stores Inc$15.5M last quarter

QUESTIONS PEOPLE ASK

What are Discovery Capital Management's largest holdings?

OPEN
As of Jun 30, 2026, the three largest stock positions are Sandisk Corp (19.6%), Credicorp Ltd (4.4%) and America Movil Sab De Cv (4.3%), together 28.3% of the reported book.

How big is Discovery Capital Management's 13F portfolio?

OPEN
The Q2 2026 13F, filed Aug 14, 2026, reports 113 positions worth $2.4B. The ten largest make up 49.7% of it.

What did Discovery Capital Management buy and sell in Q2 2026?

OPEN
It opened 53 new positions, the largest stock positions being Amc Entmt Hldgs Inc ($98.4M), T1 Energy Inc ($70.8M) and Chevron Corporation ($58.9M), and exited 17, the largest stock exits being Intercorp Finl Svcs Inc ($53.1M last quarter), Vnet Group Inc ($50.4M last quarter) and Ishares Bitcoin Trust Etf ($24.7M last quarter). Among positions it already held, the biggest increases by share count were Credicorp Ltd (+93%), Fiserv Inc (+78%) and Applovin Corp (+64%), and the biggest cuts were On Semiconductor Corp (−88%), Capital One Finl Corp (−36%) and Avis Budget Group Inc (−35%).

When is Discovery Capital Management's next 13F due?

OPEN
The Q3 2026 13F is due Nov 16, 2026. Forty-five days after the quarter ends is November 14, 2026 (Saturday), so the deadline moves to the next business day. Robert Citrone's filing usually lands close to the deadline.

Filers with overlapping books