Discerene Group LP
STAMFORD, CT
$889m in 12 US stocks at the end of 30 June 2026. The top 10 are 99.3% of the money. It changed about 16.4% of the portfolio this quarter.
Value
$889m
Stocks
12
Top 10 share
99.3%
Turnover
16.4%
What changed this quarter
New
Bought for the first time this quarter.
- CopartCPRT10.7% of the fund
Added
Bought more of a stock they already held.
- Alibaba Group HldgBABA29.6% of the fund+4%
- New Oriental Education & Technology GroupEDU15.9% of the fund+63%
Cut
Sold some of their stake.
- SabreSABR8.7% of the fund-5%
- SLB LimitedSLB7.0% of the fund-13%
- Western UnionWU3.0% of the fund-7%
- United BreweriesCCU2.1% of the fund-13%
Sold out
Sold their entire stake.
None this quarter.
Holdings
- Alibaba Group HldgBABA
- Share
- 29.6%
- Value
- $263m
- Shares
- 2,737,678
+4%
- Jd.comJD
- Share
- 17.1%
- Value
- $152m
- Shares
- 5,957,841
Held
- TAL ED GroupTAL
- Share
- 1.5%
- Value
- $13m
- Shares
- 1,354,733
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Alibaba Group HldgBABA | 29.6% | $263m | 2,737,678 | +4% |
| Jd.comJD | 17.1% | $152m | 5,957,841 | Held |
| New Oriental Education & Technology GroupEDU | 15.9% | $141m | 3,077,987 | +63% |
| CopartCPRT | 10.7% | $95m | 3,377,342 | New |
| SabreSABR | 8.7% | $78m | 37,110,431 | -5% |
| SLB LimitedSLB | 7.0% | $62m | 1,344,005 | -13% |
| HalliburtonHAL | 3.8% | $34m | 993,920 | Held |
| Western UnionWU | 3.0% | $26m | 3,433,523 | -7% |
| United BreweriesCCU | 2.1% | $18m | 1,634,502 | -13% |
| TAL ED GroupTAL | 1.5% | $13m | 1,354,733 | Held |
| Telecom Argentina SATEO | 0.6% | $5m | 414,244 | Held |
| Turkcell Iletisim Hizmetleri A STKC | 0.1% | $1m | 199,788 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 3.9% since 30 June 2025.
Where the money is
Retail & consumer15.9%
Technology11.7%
Energy10.8%
Industrials10.7%
Everyday goods2.1%
Media & telecom0.7%
Other48.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.