# EDGAR Filing Document

**Accession Number:** 0001389507
**File Stem:** 0000919574-26-001128
**Filing Date:** 2026-2
**Character Count:** 12692
**Document Hash:** ced6b07a9bff32764108e73c4c81de14
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000919574-26-001128.hdr.sgml**: 20260217

**ACCESSION NUMBER**: 0000919574-26-001128

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260217

**DATE AS OF CHANGE**: 20260217

**EFFECTIVENESS DATE**: 20260217

**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:** 26639381

**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:** 12-31-2025

**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 Executive Officer<br>**Phone:** 203-956-7953

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

/s/Michael Gismondi  South Norwalk, CT  02-17-2026<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:** 88

**Form 13F Information Table Value Total:** $1848018329

      (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 |
| ACM RESH INC | COM CL A | 00108J109 |  | 11685090 | 296200 | SH |  | SOLE |  | 296200 | 0 | 0 |
| ADECOAGRO S A | COM | L00849106 |  | 9544033 | 1203535 | SH |  | SOLE |  | 1203535 | 0 | 0 |
| ADOBE INC | COM | 00724F101 |  | 13264621 | 37900 | SH |  | SOLE |  | 37900 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 28140624 | 131400 | SH |  | SOLE |  | 131400 | 0 | 0 |
| AGNICO EAGLE MINES LTD | COM | 008474108 |  | 8544312 | 50400 | SH |  | SOLE |  | 50400 | 0 | 0 |
| ALLIANCE LAUNDRY HLDGS INC | COM | 01862Q107 |  | 3052500 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 9994506 | 43300 | SH |  | SOLE |  | 43300 | 0 | 0 |
| AMERICA MOVIL SAB DE CV | SPON ADS RP CL B | 02390A101 |  | 88702887 | 4291383 | SH |  | SOLE |  | 4291383 | 0 | 0 |
| AMKOR TECHNOLOGY INC | COM | 031652100 |  | 103237594 | 2614934 | SH |  | SOLE |  | 2614934 | 0 | 0 |
| APPLOVIN CORP | COM CL A | 03831W108 |  | 25093057 | 37240 | SH |  | SOLE |  | 37240 | 0 | 0 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 |  | 22549800 | 118000 | SH |  | SOLE |  | 118000 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 9904028 | 75800 | SH |  | SOLE |  | 75800 | 0 | 0 |
| BANCO BBVA ARGENTINA S A | SPONSORED ADS | 058934100 |  | 8097167 | 448100 | SH |  | SOLE |  | 448100 | 0 | 0 |
| BANCO MACRO SA | SPON ADR B | 05961W105 |  | 4417840 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| BLOOM ENERGY CORP | COM CL A | 093712107 |  | 2172250 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| BOEING CO | COM | 097023105 |  | 16718240 | 77000 | SH |  | SOLE |  | 77000 | 0 | 0 |
| BRINKER INTL INC | COM | 109641100 |  | 35895931 | 250111 | SH |  | SOLE |  | 250111 | 0 | 0 |
| BRINKS CO | COM | 109696104 |  | 6887770 | 59006 | SH |  | SOLE |  | 59006 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 28795520 | 83200 | SH |  | SOLE |  | 83200 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 56278416 | 232210 | SH |  | SOLE |  | 232210 | 0 | 0 |
| CELESTICA INC | COM | 15101Q207 |  | 2187514 | 7400 | SH |  | SOLE |  | 7400 | 0 | 0 |
| CEMEX SAB DE CV | SPON ADR NEW | 151290889 |  | 35523633 | 3091700 | SH |  | SOLE |  | 3091700 | 0 | 0 |
| CHURCHILL DOWNS INC | COM | 171484108 |  | 19217442 | 168900 | SH |  | SOLE |  | 168900 | 0 | 0 |
| CLEVELAND-CLIFFS INC NEW | COM | 185899101 |  | 26263856 | 1977700 | SH |  | SOLE |  | 1977700 | 0 | 0 |
| COHERENT CORP | COM | 19247G107 |  | 60693445 | 328837 | SH |  | SOLE |  | 328837 | 0 | 0 |
| COMPASS INC | CL A | 20464U100 |  | 32635520 | 3087561 | SH |  | SOLE |  | 3087561 | 0 | 0 |
| CREDICORP LTD | COM | G2519Y108 |  | 23677500 | 82500 | SH |  | SOLE |  | 82500 | 0 | 0 |
| DATADOG INC | CL A COM | 23804L103 |  | 11314368 | 83200 | SH |  | SOLE |  | 83200 | 0 | 0 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 11589800 | 167000 | SH |  | SOLE |  | 167000 | 0 | 0 |
| DOMINOS PIZZA INC | COM | 25754A201 |  | 9878634 | 23700 | SH |  | SOLE |  | 23700 | 0 | 0 |
| ECHOSTAR CORP | CL A | 278768106 |  | 18805100 | 173000 | SH |  | SOLE |  | 173000 | 0 | 0 |
| EIGHTCO HOLDINGS INC | COM | 22890A302 |  | 25724738 | 14869791 | SH |  | SOLE |  | 14869791 | 0 | 0 |
| ESTABLISHMENT LABS HLDGS INC | COM | G31249108 |  | 11316442 | 155275 | SH |  | SOLE |  | 155275 | 0 | 0 |
| FISERV INC | COM | 337738108 |  | 17403747 | 259100 | SH |  | SOLE |  | 259100 | 0 | 0 |
| FRONTLINE PLC | COM | M46528101 |  | 3493382 | 160100 | SH |  | SOLE |  | 160100 | 0 | 0 |
| GALAXY DIGITAL INC. | CL A | 36317J209 |  | 2236000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| GDS HLDGS LTD | SPONSORED ADS | 36165L108 |  | 49837793 | 1428017 | SH |  | SOLE |  | 1428017 | 0 | 0 |
| GENIUS SPORTS LIMITED | SHARES CL A | G3934V109 |  | 45902102 | 4165345 | SH |  | SOLE |  | 4165345 | 0 | 0 |
| GEO GROUP INC NEW | COM | 36162J106 |  | 21147828 | 1311900 | SH |  | SOLE |  | 1311900 | 0 | 0 |
| GLOBAL X FDS | GLB X MLP ENRG I | 37954Y293 |  | 743672 | 12286 | SH |  | SOLE |  | 12286 | 0 | 0 |
| GOLAR LNG LTD | SHS | G9456A100 |  | 7143836 | 191987 | SH |  | SOLE |  | 191987 | 0 | 0 |
| GRAYSCALE COINDESK CRYPTO | USD SHS | G40705108 |  | 17485044 | 423129 | SH |  | SOLE |  | 423129 | 0 | 0 |
| GRUPO FINANCIERO GALICIA S.A | SPONSORED ADR | 399909100 |  | 34555528 | 640629 | SH |  | SOLE |  | 640629 | 0 | 0 |
| GRUPO TELEVISA S A B | SPON ADR REP ORD | 40049J206 |  | 63493409 | 21819041 | SH |  | SOLE |  | 21819041 | 0 | 0 |
| GSI TECHNOLOGY INC | COM | 36241U106 |  | 1140156 | 183600 | SH |  | SOLE |  | 183600 | 0 | 0 |
| HDFC BANK LTD | SPONSORED ADS | 40415F101 |  | 27609624 | 755600 | SH |  | SOLE |  | 755600 | 0 | 0 |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 |  | 12530085 | 4675405 | SH |  | SOLE |  | 4675405 | 0 | 0 |
| IREN LIMITED | ORDINARY SHARES | Q4982L109 |  | 97577209 | 2583458 | SH |  | SOLE |  | 2583458 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 338861 | 6825 | SH |  | SOLE |  | 6825 | 0 | 0 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 7290050 | 105150 | SH |  | SOLE |  | 105150 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 405128 | 7405 | SH |  | SOLE |  | 7405 | 0 | 0 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 1013197 | 12566 | SH |  | SOLE |  | 12566 | 0 | 0 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 607769 | 2469 | SH |  | SOLE |  | 2469 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 944064 | 10055 | SH |  | SOLE |  | 10055 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 675563 | 8157 | SH |  | SOLE |  | 8157 | 0 | 0 |
| JAMES RIV GROUP HOLDINGS INC | COM SHS | 46990A102 |  | 5211098 | 819355 | SH |  | SOLE |  | 819355 | 0 | 0 |
| JBS N.V. | CL A SHS | N4732M103 |  | 42429408 | 2942400 | SH |  | SOLE |  | 2942400 | 0 | 0 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 73208384 | 227200 | SH |  | SOLE |  | 227200 | 0 | 0 |
| KARMAN HLDGS INC | COMMON STOCK | 485924104 |  | 5487750 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| LAM RESEARCH CORP | COM NEW | 512807306 |  | 26002242 | 151900 | SH |  | SOLE |  | 151900 | 0 | 0 |
| LENZ THERAPEUTICS INC | COM | 52635N103 |  | 3860800 | 241300 | SH |  | SOLE |  | 241300 | 0 | 0 |
| LOAR HOLDINGS INC | COM SHS | 53947R105 |  | 5100000 | 75000 | SH |  | SOLE |  | 75000 | 0 | 0 |
| LUMENTUM HLDGS INC | COM | 55024U109 |  | 23000016 | 62400 | SH |  | SOLE |  | 62400 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 11247184 | 36800 | SH |  | SOLE |  | 36800 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 27723780 | 42000 | SH |  | SOLE |  | 42000 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 30025132 | 105200 | SH |  | SOLE |  | 105200 | 0 | 0 |
| NU HLDGS LTD | ORD SHS CL A | G6683N103 |  | 7153002 | 427300 | SH |  | SOLE |  | 427300 | 0 | 0 |
| NVENT ELECTRIC PLC | SHS | G6700G107 |  | 4527468 | 44400 | SH |  | SOLE |  | 44400 | 0 | 0 |
| PARSONS CORP DEL | COM | 70202L102 |  | 30844380 | 499100 | SH |  | SOLE |  | 499100 | 0 | 0 |
| PERPETUA RESOURCES CORP | COM | 714266103 |  | 31635207 | 1306700 | SH |  | SOLE |  | 1306700 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 16082868 | 621200 | SH |  | SOLE |  | 621200 | 0 | 0 |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 |  | 28385235 | 1736100 | SH |  | SOLE |  | 1736100 | 0 | 0 |
| QXO INC | COM NEW | 82846H405 |  | 25974718 | 1346538 | SH |  | SOLE |  | 1346538 | 0 | 0 |
| RAMACO RES INC | COM CL A | 75134P600 |  | 99204480 | 5511360 | SH |  | SOLE |  | 5511360 | 0 | 0 |
| RAMACO RES INC | COM CL B | 75134P501 |  | 1475941 | 125612 | SH |  | SOLE |  | 125612 | 0 | 0 |
| SHARKNINJA INC | COM SHS | G8068L108 |  | 2797500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| SLM CORP | COM | 78442P106 |  | 3014484 | 111400 | SH |  | SOLE |  | 111400 | 0 | 0 |
| SNAP INC | CL A | 83304A106 |  | 8291925 | 1027500 | SH |  | SOLE |  | 1027500 | 0 | 0 |
| SOLVENTUM CORP | COM SHS | 83444M101 |  | 11672052 | 147300 | SH |  | SOLE |  | 147300 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 270283 | 682 | SH |  | SOLE |  | 682 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1022880 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R556 |  | 405926 | 3215 | SH |  | SOLE |  | 3215 | 0 | 0 |
| STUBHUB HLDGS INC | CL A | 86384P109 |  | 12995660 | 960507 | SH |  | SOLE |  | 960507 | 0 | 0 |
| TAKE-TWO INTERACTIVE SOFTWAR | COM | 874054109 |  | 35052299 | 136907 | SH |  | SOLE |  | 136907 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 11741100 | 105000 | SH |  | SOLE |  | 105000 | 0 | 0 |
| VIKING HOLDINGS LTD | ORD SHS | G93A5A101 |  | 3570500 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| VNET GROUP INC | SPONSORED ADS A | 90138A103 |  | 53459586 | 6319100 | SH |  | SOLE |  | 6319100 | 0 | 0 |
| YPF SOCIEDAD ANONIMA | SPON ADR CL D | 984245100 |  | 9766816 | 270100 | SH |  | SOLE |  | 270100 | 0 | 0 |

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