# EDGAR Filing Document

**Accession Number:** 0001389507
**File Stem:** 0000919574-25-004839
**Filing Date:** 2025-8
**Character Count:** 11350
**Document Hash:** 9bb9186866e7f78fb619df690cced17d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-25-004839.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0000919574-25-004839

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DISCOVERY CAPITAL MANAGEMENT, LLC / CT
- **CENTRAL INDEX KEY:** 0001389507

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** CT
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-12212
- **FILM NUMBER:** 251216683

**BUSINESS ADDRESS:**
- **STREET 1:** 20 MARSHALL STREET
- **STREET 2:** SUITE 310
- **CITY:** SOUTH NORWALK
- **STATE:** CT
- **ZIP:** 06854
- **BUSINESS PHONE:** 203-956-7953

**MAIL ADDRESS:**
- **STREET 1:** 20 MARSHALL STREET
- **STREET 2:** SUITE 310
- **CITY:** SOUTH NORWALK
- **STATE:** CT
- **ZIP:** 06854

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 06-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DISCOVERY CAPITAL MANAGEMENT LLC / CT<br>**Address:** 20 MARSHALL STREET<br>SUITE 310<br>SOUTH NORWALK, CT 06854

**Form 13F File Number:** 028-12212

**CRD Number (if applicable):** 000161263

**SEC File Number (if applicable):** 801-74047

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael Gismondi<br>**Title:** Chief Operating Officer<br>**Phone:** 203-956-7953

**Signature, Place, and Date of Signing:**

/s/Michael Gismondi  South Norwalk, CT  08-14-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 74

**Form 13F Information Table Value Total:** $1278921490

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABACUS GLOBAL MGMT INC | CL A | 00258Y104 |  | 1520561 | 295829 | SH |  | SOLE |  | 295829 | 0 | 0 |
| ABRDN PRECIOUS METALS BASKET | PHYSCL PRECS MET | 003263100 |  | 328521 | 2378 | SH |  | SOLE |  | 2378 | 0 | 0 |
| ADECOAGRO S A | COM | L00849106 |  | 2476117 | 270910 | SH |  | SOLE |  | 270910 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 6184360 | 52000 | SH |  | SOLE |  | 52000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 17687877 | 155964 | SH |  | SOLE |  | 155964 | 0 | 0 |
| AMENTUM HOLDINGS INC | COM | 023939101 |  | 54282459 | 2299130 | SH |  | SOLE |  | 2299130 | 0 | 0 |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 02390A101 |  | 94959703 | 5293183 | SH |  | SOLE |  | 5293183 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 11592584 | 287800 | SH |  | SOLE |  | 287800 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 9711219 | 27740 | SH |  | SOLE |  | 27740 | 0 | 0 |
| ASTERA LABS INC | COM | 04626A103 |  | 3689136 | 40800 | SH |  | SOLE |  | 40800 | 0 | 0 |
| ATEGRITY SPECIALTY IN CO HO | COM | 04681Y103 |  | 1076000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 1642914 | 23400 | SH |  | SOLE |  | 23400 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 17800555 | 98711 | SH |  | SOLE |  | 98711 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 51383668 | 241510 | SH |  | SOLE |  | 241510 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 57092705 | 365721 | SH |  | SOLE |  | 365721 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 23674266 | 3416200 | SH |  | SOLE |  | 3416200 | 0 | 0 |
| CITI TRENDS INC | COM | 17306X102 |  | 5105197 | 152896 | SH |  | SOLE |  | 152896 | 0 | 0 |
| COMPASS INC | CL A | 20464U100 |  | 14275451 | 2273161 | SH |  | SOLE |  | 2273161 | 0 | 0 |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 |  | 3376446 | 197800 | SH |  | SOLE |  | 197800 | 0 | 0 |
| COREWEAVE INC | COM CL A | 21873S108 |  | 12539314 | 76900 | SH |  | SOLE |  | 76900 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 14372336 | 64300 | SH |  | SOLE |  | 64300 | 0 | 0 |
| EQT CORP | COM | 26884L109 |  | 12480480 | 214000 | SH |  | SOLE |  | 214000 | 0 | 0 |
| ESTABLISHMENT LABS HLDGS INC | COM | G31249108 |  | 2752275 | 64441 | SH |  | SOLE |  | 64441 | 0 | 0 |
| EXPAND ENERGY CORPORATION | COM | 165167735 |  | 12395640 | 106000 | SH |  | SOLE |  | 106000 | 0 | 0 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 30119580 | 694800 | SH |  | SOLE |  | 694800 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 4102500 | 250000 | SH |  | SOLE |  | 250000 | 0 | 0 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 |  | 70977327 | 6824743 | SH |  | SOLE |  | 6824743 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 30109940 | 1257200 | SH |  | SOLE |  | 1257200 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 13662723 | 331700 | SH |  | SOLE |  | 331700 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 25195000 | 500000 | SH |  | SOLE |  | 500000 | 0 | 0 |
| GRUPO TELEVISA S A B | SPON ADR REP ORD | 40049J206 |  | 39677989 | 18117803 | SH |  | SOLE |  | 18117803 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 39477383 | 514900 | SH |  | SOLE |  | 514900 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 17802627 | 4877432 | SH |  | SOLE |  | 4877432 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 60469871 | 4150300 | SH |  | SOLE |  | 4150300 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 1759268 | 29050 | SH |  | SOLE |  | 29050 | 0 | 0 |
| ISHARES INC | MSCI CHILE ETF | 464286640 |  | 3994150 | 127000 | SH |  | SOLE |  | 127000 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 326633 | 4050 | SH |  | SOLE |  | 4050 | 0 | 0 |
| ISHARES TR | 7-10 YR TRSY BD | 464287440 |  | 984516 | 10280 | SH |  | SOLE |  | 10280 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 719789 | 14921 | SH |  | SOLE |  | 14921 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 588057 | 7097 | SH |  | SOLE |  | 7097 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 65169 | 302 | SH |  | SOLE |  | 302 | 0 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 785466 | 7138 | SH |  | SOLE |  | 7138 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 350000 | 75526500 | SH | Put | SOLE |  | 75526500 | 0 | 0 |
| JAMES RIV GROUP LTD | COM | G5005R107 |  | 4801420 | 819355 | SH |  | SOLE |  | 819355 | 0 | 0 |
| JBS N.V. | CL A SHS | N4732M103 |  | 6102597 | 417700 | SH |  | SOLE |  | 417700 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 48385979 | 166900 | SH |  | SOLE |  | 166900 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 14431874 | 19553 | SH |  | SOLE |  | 19553 | 0 | 0 |
| NEBIUS GROUP N.V. | SHS CLASS A | N97284108 |  | 100422622 | 1814976 | SH |  | SOLE |  | 1814976 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 8318848 | 606330 | SH |  | SOLE |  | 606330 | 0 | 0 |
| ONEMEDNET CORP | CL A | 68270C103 |  | 1312251 | 2301791 | SH |  | SOLE |  | 2301791 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 32877837 | 458100 | SH |  | SOLE |  | 458100 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 9520830 | 265500 | SH |  | SOLE |  | 265500 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 6664500 | 225000 | SH |  | SOLE |  | 225000 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 51347871 | 2383838 | SH |  | SOLE |  | 2383838 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 17225279 | 1310904 | SH |  | SOLE |  | 1310904 | 0 | 0 |
| RAMACO RES INC | COM CL B | 75134P501 |  | 319192 | 39021 | SH |  | SOLE |  | 39021 | 0 | 0 |
| RANGE RES CORP | COM | 75281A109 |  | 11155781 | 274300 | SH |  | SOLE |  | 274300 | 0 | 0 |
| ROOT INC | CL A NEW | 77664L207 |  | 3864694 | 30200 | SH |  | SOLE |  | 30200 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-UTILS | 81369Y886 |  | 327212 | 4007 | SH |  | SOLE |  | 4007 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 5872689 | 179100 | SH |  | SOLE |  | 179100 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 10795587 | 1242300 | SH |  | SOLE |  | 1242300 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 4633875 | 7500 | SH | Put | SOLE |  | 7500 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 197094 | 319 | SH |  | SOLE |  | 319 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 32009330 | 131807 | SH |  | SOLE |  | 131807 | 0 | 0 |
| TELECOM ARGENTINA SA | SPON ADR REP B | 879273209 |  | 2282555 | 258500 | SH |  | SOLE |  | 258500 | 0 | 0 |
| TURKCELL ILETISIM HIZMETLERI | SPON ADR NEW | 900111204 |  | 5433693 | 898131 | SH |  | SOLE |  | 898131 | 0 | 0 |
| UNITED STS OIL FD LP | UNITS | 91232N207 |  | 326655 | 4468 | SH |  | SOLE |  | 4468 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 26236677 | 84100 | SH |  | SOLE |  | 84100 | 0 | 0 |
| VALVOLINE INC | COM | 92047W101 |  | 4127830 | 109000 | SH |  | SOLE |  | 109000 | 0 | 0 |
| VANECK ETF TRUST | VANECK VIETNAM | 92189F817 |  | 2410375 | 175300 | SH |  | SOLE |  | 175300 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 5329000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| VISTA ENERGY S.A.B. DE C.V. | SPONSORED ADS | 92837L109 |  | 57458871 | 1201817 | SH |  | SOLE |  | 1201817 | 0 | 0 |
| VOYAGER TECHNOLOGIES INC | COM CL A | 92892B103 |  | 3925000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 27235700 | 866000 | SH |  | SOLE |  | 866000 | 0 | 0 |

---