Discovery Capital Management, Ct 13F annual report
Discovery Capital Management, Ct is an investment fund managing more than $731 billion ran by Michael Gismondi. There are currently 47 companies in Mr. Gismondi’s portfolio. The largest investments include Vista Energy S.a.b. De C.v. and Grupo Financiero Galicia S.a, together worth $159 billion.
$731 billion Assets Under Management (AUM)
As of 6th August 2024, Discovery Capital Management, Ct’s top holding is 2,436,307 shares of Vista Energy S.a.b. De C.v. currently worth over $111 billion and making up 15.2% of the portfolio value.
In addition, the fund holds 1,565,879 shares of Grupo Financiero Galicia S.a worth $47.9 billion.
The third-largest holding is Grupo Televisa S A B worth $46.9 billion and the next is Western Digital worth $46.8 billion, with 617,800 shares owned.
Currently, Discovery Capital Management, Ct's portfolio is worth at least $731 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Discovery Capital Management, Ct
The Discovery Capital Management, Ct office and employees reside in South Norwalk, Connecticut. According to the last 13-F report filed with the SEC, Michael Gismondi serves as the Chief Operating Officer at Discovery Capital Management, Ct.
Recent trades
In the most recent 13F filing, Discovery Capital Management, Ct revealed that it had opened a new position in
Chevron and bought 196,300 shares worth $30.7 billion.
This means they effectively own approximately 0.1% of the company.
Chevron makes up
100.0%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Grupo Televisa S A B by buying
993,295 additional shares.
This makes their stake in Grupo Televisa S A B total 16,944,935 shares worth $46.9 billion.
On the other hand, there are companies that Discovery Capital Management, Ct is getting rid of from its portfolio.
Discovery Capital Management, Ct closed its position in Exxon Mobil on 13th August 2024.
It sold the previously owned 263,300 shares for $30.6 billion.
Michael Gismondi also disclosed a decreased stake in Vista Energy S.a.b. De C.v. by approximately 0.1%.
This leaves the value of the investment at $111 billion and 2,436,307 shares.
One of the average hedge funds
The two most similar investment funds to Discovery Capital Management, Ct are Bensler and Jat Capital Mgmt L.P.. They manage $731 billion and $732 billion respectively.
Michael Gismondi investment strategy
Discovery Capital Management, Ct’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Technology — making up 16.8% of
the total portfolio value.
The fund focuses on investments in the United States as
29.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
23% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $92.9 billion.
The complete list of Discovery Capital Management, Ct trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vista Energy S.a.b. De C.v. |
8.55%
2,436,307
|
$110,803,242,000 | 15.16% |
| Grupo Financiero Galicia S.a |
6.55%
1,565,879
|
$47,853,262,000 | 6.55% |
| Grupo Televisa S A B |
6.23%
16,944,935
|
$46,937,470,000 | 6.42% |
| Western Digital Corp. |
137.34%
617,800
|
$46,810,706,000 | 6.40% |
| Ge Healthcare Technologies I |
2.40%
414,800
|
$32,321,216,000 | 4.42% |
| Grayscale Bitcoin Tr Btc |
56.83%
602,617
|
$32,083,329,000 | 4.39% |
| Meta Platforms Inc |
693.75%
63,500
|
$32,017,970,000 | 4.38% |
| Chevron Corp. |
Opened
196,300
|
$30,705,246,000 | 4.20% |
| Exxon Mobil Corp. |
Closed
263,300
|
$30,605,992,000 | |
| America Movil Sab De Cv |
270.08%
1,795,988
|
$30,531,796,000 | 4.18% |
| Boeing Co. |
Closed
157,850
|
$30,463,472,000 | |
| Amazon.com Inc. |
Opened
143,400
|
$27,712,050,000 | 3.79% |
| MercadoLibre Inc |
Closed
17,725
|
$26,799,491,000 | |
| Genius Sports Limited |
4.83%
4,572,168
|
$24,918,316,000 | 3.41% |
| Adecoagro S.A. |
39.09%
2,376,614
|
$23,124,454,000 | 3.16% |
| Snap Inc |
Opened
1,360,100
|
$22,591,261,000 | 3.09% |
| Philip Morris International Inc |
Opened
208,600
|
$21,137,438,000 | 2.89% |
| Applovin Corp |
217.93%
230,500
|
$19,182,210,000 | 2.62% |
| Take-two Interactive Softwar |
146.19%
119,400
|
$18,565,506,000 | 2.54% |
| Ypf Sociedad Anonima |
6.88%
745,379
|
$14,997,025,000 | 2.05% |
| Wisdomtree Tr |
Opened
309,300
|
$14,933,004,000 | 2.04% |
| Hertz Global Holdings Inc. |
Closed
1,850,698
|
$14,490,965,000 | |
| Vital Energy Inc |
6.43%
291,267
|
$13,054,587,000 | 1.79% |
| VanEck ETF Trust |
Closed
52,200
|
$12,345,885,000 | |
| Credo Technology Group Holdi |
62.96%
357,406
|
$11,415,548,000 | 1.56% |
| Occidental Pete Corp |
Opened
163,900
|
$10,330,617,000 | 1.41% |
| Agnico Eagle Mines Ltd |
Closed
148,400
|
$8,852,060,000 | |
| Compass, Inc. |
18.96%
2,273,161
|
$8,183,380,000 | 1.12% |
| Viking Therapeutics Inc |
Opened
146,900
|
$7,787,169,000 | 1.07% |
| Cheniere Energy Inc. |
Closed
46,300
|
$7,467,264,000 | |
| Nu Hldgs Ltd |
Closed
595,200
|
$7,100,736,000 | |
| Spdr Ser Tr |
Closed
72,700
|
$6,767,643,000 | |
| Uber Technologies Inc |
No change
86,700
|
$6,301,356,000 | 0.86% |
| Global X Fds |
Opened
217,100
|
$6,285,045,000 | 0.86% |
| Centrus Energy Corp |
No change
144,700
|
$6,185,925,000 | 0.85% |
| Nasdaq Inc |
185.71%
100,000
|
$6,026,000,000 | 0.82% |
| Home Depot, Inc. |
Opened
17,000
|
$5,852,080,000 | 0.80% |
| James Riv Group Ltd |
No change
752,181
|
$5,814,359,000 | 0.80% |
| Cemex Sab De Cv |
Closed
642,900
|
$5,792,529,000 | |
| Alibaba Group Hldg Ltd |
Opened
79,700
|
$5,738,400,000 | 0.78% |
| Spdr Ser Tr |
Opened
53,130
|
$5,813,605,000 | 0.80% |
| Abercrombie & Fitch Co. |
30.94%
27,100
|
$4,819,464,000 | 0.66% |
| StoneCo Ltd |
48.73%
386,248
|
$4,631,114,000 | 0.63% |
| Global X Fds |
No change
59,200
|
$3,363,152,000 | 0.46% |
| Pampa Energia S A |
Closed
76,700
|
$3,308,838,000 | |
| Grindr Inc |
Opened
259,700
|
$3,178,728,000 | 0.43% |
| Ishares Tr |
144.73%
63,104
|
$3,768,127,000 | 0.52% |
| BioNTech SE |
Opened
30,700
|
$2,467,052,000 | 0.34% |
| Intel Corp. |
Opened
79,000
|
$2,446,630,000 | 0.33% |
| Ishares Inc |
Closed
57,100
|
$2,052,174,000 | |
| Invesco Exchange Traded Fd T |
4.12%
12,441
|
$2,043,807,000 | 0.28% |
| Kratos Defense & Sec Solutio |
Closed
100,000
|
$1,838,000,000 | |
| Oklo Inc |
Opened
216,400
|
$1,832,908,000 | 0.25% |
| Sharkninja Inc |
Closed
28,740
|
$1,790,215,000 | |
| Intapp Inc |
Closed
50,000
|
$1,715,000,000 | |
| Astera Labs Inc |
50.00%
25,000
|
$1,512,750,000 | 0.21% |
| Loar Holdings Inc |
Opened
25,000
|
$1,335,250,000 | 0.18% |
| EA Series Trust |
29.57%
32,232
|
$1,138,434,000 | 0.16% |
| Ul Solutions Inc |
Opened
25,000
|
$1,054,750,000 | 0.14% |
| Ishares Inc |
55.66%
18,052
|
$1,021,924,000 | 0.14% |
| Janux Therapeutics Inc |
Closed
15,000
|
$564,750,000 | |
| Spdr Gold Tr |
Closed
2,724
|
$560,381,000 | |
| Banco Macro Sa |
90.85%
4,400
|
$252,252,000 | 0.03% |
| Kyverna Therapeutics Inc |
No change
25,000
|
$187,500,000 | 0.03% |
| No transactions found | |||
| Showing first 500 out of 64 holdings | |||
Hedge funds similar to Discovery Capital Management, Ct
- Cahill Financial Advisors Inc
- Wallace Capital Management
- Lvz
- Clean Transition LL.P.
- Institute For Wealth Management,
- Jat Capital Mgmt L.P.
- Bensler
- Baldwin Investment Management
- Summit Creek Advisors
- Naspers Ltd
- Laird Norton Wetherby Trust
- Red Cedar Investment Management
- Jag Capital Management
- Mason Capital Management