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.
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.
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..
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.
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.
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.
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 | |||
| Showing first 500 out of 14 holdings | |||