Discerene L.P. 13F annual report

Discerene L.P. is an investment fund managing more than $652 billion ran by Justin Wallentin. There are currently 11 companies in Mr. Wallentin’s portfolio. The largest investments include Alibaba Group Hldg Ltd and JD.com Inc, together worth $357 billion.

$652 billion Assets Under Management (AUM)

As of 5th August 2024, Discerene L.P.’s top holding is 2,967,077 shares of Alibaba Group Hldg Ltd currently worth over $214 billion and making up 32.8% of the portfolio value. In addition, the fund holds 5,554,851 shares of JD.com Inc worth $144 billion, whose value grew 13.1% in the past six months. The third-largest holding is Western Un Co worth $81.7 billion and the next is Schlumberger worth $76.2 billion, with 1,615,265 shares owned.

Currently, Discerene L.P.'s portfolio is worth at least $652 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 Discerene L.P.

The Discerene L.P. office and employees reside in Stamford, Connecticut. According to the last 13-F report filed with the SEC, Justin Wallentin serves as the Chief Compliance Officer, Chief Operating Officer at Discerene L.P..

Recent trades

In the most recent 13F filing, Discerene L.P. revealed that it had increased its stake in Alibaba Group Hldg Ltd and bought 677,039 additional shares worth around .

On the other hand, there are companies that Discerene L.P. is getting rid of from its portfolio. Discerene L.P. closed its position in Uber Technologies Inc on 12th August 2024. It sold the previously owned 2,717,379 shares for $125 billion. Justin Wallentin also disclosed a decreased stake in Schlumberger by approximately 0.1%. This leaves the value of the investment at $76.2 billion and 1,615,265 shares.

One of the average hedge funds

The two most similar investment funds to Discerene L.P. are Capital Research And Management and Luxor Capital L.P.. They manage $652 billion and $653 billion respectively.

Justin Wallentin investment strategy

Discerene L.P.’s portfolio is diversified across 4 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 28.3% of the total portfolio value. The fund focuses on investments in the China as 18.2% of the portfolio companies are based in the China.

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 27% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $40.2 billion.

The complete list of Discerene L.P. trades based on 13F SEC filings

These positions were updated on August 12th 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
Alibaba Group Hldg Ltd	29.56% 2,967,077	$213,629,544,000	32.77%
JD.com Inc	245.09% 5,554,851	$143,537,350,000	22.02%
Uber Technologies Inc	Closed 2,717,379	$124,972,260,000
Western Un Co	11.45% 6,682,192	$81,656,386,000	12.53%
New Oriental Ed & Technology	Closed 1,320,766	$77,330,849,000
Schlumberger Ltd.	0.46% 1,615,265	$76,208,203,000	11.69%
Sabre Corp	19.57% 19,110,272	$51,024,426,000	7.83%
TAL Education Group	26.87% 3,859,787	$41,183,927,000	6.32%
Compania Cervecerias Unidas	1.06% 2,517,157	$28,645,247,000	4.39%
RB Global Inc	Closed 438,703	$27,418,938,000
Coca-cola Femsa Sab De Cv	0.01% 68,597	$5,888,366,000	0.90%
Turkcell Iletisim Hizmetleri	No change 643,069	$4,874,463,000	0.75%
Telecom Argentina Sa	No change 667,890	$4,828,845,000	0.74%
Halliburton Co.	5.80% 12,209	$412,420,000	0.06%
No transactions found
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