Discovery Capital Management, LLC / CT
Discovery Capital Management, LLC is a Connecticut-based hedge fund founded in 1999 by Robert K. Citrone. The firm is primarily located in South Norwalk, CT, and serves institutional and high-net-worth investors. As an established hedge fund, Discovery Capital is known for its global macro investing approach and typically maintains a mid-sized team, though specific employee count is not publicly disclosed.
Investment Strategy
Discovery Capital Management employs a global macro strategy, investing across a diverse range of asset classes, markets, and geographies. The firm utilizes both long and short positions based on macroeconomic analysis, aiming to generate returns through active management and market timing. The focus is on leveraging opportunities in equities, currencies, commodities, and fixed income by identifying and capitalizing on major economic and political trends.
Top Holdings
Equity Positions (70)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AMX | AMERICA MOVIL SAB DE CV | 7.42% | $95.0M | 5,293,183 | $17.20 | $17.94 | +$57.3M |
G GENI | GENIUS SPORTS LIMITED | 5.55% | $71.0M | 6,824,743 | $7.10 | $10.40 | +$11.8M |
I IREN | IREN LIMITED | 4.73% | $60.5M | 4,150,300 | $10.16 | $14.57 | +$44.2M |
V VIST | VISTA ENERGY S.A.B. DE C.V. | 4.49% | $57.5M | 1,201,817 | $17.00 | $47.81 | +$4.9M |
C CLS | CELESTICA INC | 4.46% | $57.1M | 365,721 | $156.11 | $156.11 | +$57.1M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Bought | Put | $4.6M | 75 | $617.85 | $617.85 | +75 | +$4.6M |
I IWM | ISHARES TR | New | Put | $350.0K | 755,265 | $215.79 | $215.79 | +755,265 | +$350.0K |