Discovery Capital Buys These Stocks in Third Quarter

Wall St. Watchdog reveals information regarding significant increase in shares for Discovery Capital Management’s holdings on the quarter ending September 30th, 2011. The firm is bullish on these stocks:

  • Anheuser-busch Inbev (NYSE:BUD): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 198,000 shares. The net increase in shares for this position is 198,000. About Company: Anheuser-Busch InBev NV brews beer. The Company manufactures ale, lager, stout, and bitter beer. Anheuser-Busch InBev owns brands that are both nationally and internationally prominent. The Company has production plants in Europe, the Americas, and Asia.
  • Marathon Petroleum Corporation Common Stock (NYSE:MPC): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 297,300 shares. The net increase in shares for this position is 297,300. About Company: Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States and internationally.
  • Target Corp. (NYSE:TGT): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 297,000 shares. The net increase in shares for this position is 297,000. About Company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Focus Media Holding Ltd. (NASDAQ:FMCN): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 970,934 shares. The net increase in shares for this position is 970,934. About Company: Focus Media Holding Limited operates an out-of-home advertising network in China. The Company uses audiovisual television displays which are placed primarily in high-traffic areas of commercial office buildings such as in lobbies and near elevators, as well as in large retail chain stores and other venues.
  • Life Technologies Corporation (NASDAQ:LIFE): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 505,200 shares. The net increase in shares for this position is 505,200. About Company: Life Technologies Corporation develops biotechnology tools used by researchers. The Company offers a broad range of products and services, including systems, instruments, reagents, and custom services. Life’s portfolio of products includes technologies for capillary electrophoresis based sequencing, sequencing, mass spectrometry sample preparation, and cell culture.

(Note: Data regarding Discovery Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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