Discovery Capital Increases Shares of Apple Inc, Qualcomm, Sprint Nextel and Baidu

Wall St. Watchdog reveals information regarding Discovery Capital Management’s top holdings for the quarter ending September 30th, 2011. The firm held 65 stocks at the end of the quarter with an aggregate market value of $2.91 billion.

  • Apple Inc. (NASDAQ:AAPL): On 06/30/2011, Discovery Capital Management reported holding 2,106,874 shares with a market value of $707,214,424. This comprised 23.61% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 2,197,094 shares with a market value of $837,795,900. This comprised 28.79% of the total portfolio. The net change in shares for this position over the two quarters is 90,220. About Company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
  • Universal Display Corp. (NASDAQ:PANL): On 06/30/2011, Discovery Capital Management reported holding 3,061,670 shares with a market value of $107,434,001. This comprised 3.59% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 4,994,226 shares with a market value of $239,423,188. This comprised 8.23% of the total portfolio. The net change in shares for this position over the two quarters is 1,932,556. About Company: Universal Display Corporation is a member of the United States Display Consortium. The consortium is a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display infrastructure. The Company and its partners are developing high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology.
  • Qualcomm Incorporated (NASDAQ:QCOM): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 3,538,509 shares with a market value of $172,077,696. This comprised 5.91% of the total portfolio. The net change in shares for this position over the two quarters is 3,538,509. About Company: QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content.
  • Sprint Nextel Corp. (NYSE:S): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 56,163,600 shares with a market value of $170,737,342. This comprised 5.87% of the total portfolio. The net change in shares for this position over the two quarters is 56,163,600. About Company: Sprint Nextel Corporation offers a range of wireless and wireline communications services to consumer, business, and government customers. The Company develops, engineers, and deploys various technologies, including two wireless networks offering mobile data services, instant national and international push-to-talk capabilities, and a global Tier 1 Internet backbone.
  • Visa Inc. (NYSE:V): On 06/30/2011, Discovery Capital Management reported holding 2,657,775 shares with a market value of $223,944,127. This comprised 7.48% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 1,947,875 shares with a market value of $166,971,847. This comprised 5.74% of the total portfolio. The net change in shares for this position over the two quarters is -709,900. About Company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
  • Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR): On 06/30/2011, Discovery Capital Management reported holding 1,147,760 shares with a market value of $102,449,060. This comprised 3.42% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 959,660 shares with a market value of $89,190,803. This comprised 3.07% of the total portfolio. The net change in shares for this position over the two quarters is -188,100. About Company: Green Mountain Coffee Roasters, Inc. roasts Arabica coffees and offers various coffee selections. The Company’s products include single-origin, estate, certified organic, Fair Trade, signature blends, and flavored coffees sold under the Green Mountain Coffee Roasters brand. Green Mountain serves offices, supermarkets, and convenience stores, and operates a direct mail business.
  • Watson Pharmaceuticals Inc. (NYSE:WPI): On 06/30/2011, Discovery Capital Management reported holding 986,518 shares with a market value of $67,803,385. This comprised 2.26% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 1,256,018 shares with a market value of $85,723,229. This comprised 2.95% of the total portfolio. The net change in shares for this position over the two quarters is 269,500. About Company: Watson Pharmaceuticals, Inc. develops, manufactures, and sells generic and brand name pharmaceutical products. The Company’s core focus is specialty products, nephrology, urology, and generic products.
  • Baidu Inc. (NASDAQ:BIDU): On 06/30/2011, Discovery Capital Management reported holding 192,400 shares with a market value of $26,961,013. This comprised 0.9% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 696,390 shares with a market value of $74,451,057. This comprised 2.56% of the total portfolio. The net change in shares for this position over the two quarters is 503,990. About Company: Baidu, Inc. operates an Internet search engine. The Company offers algorithmic search, enterprise search, pay for performance and news, MP3, and image searches.
  • New Oriental Education & Technology Group (NYSE:EDU): On 06/30/2011, Discovery Capital Management reported holding 483,920 shares with a market value of $54,063,543. This comprised 1.81% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 2,790,880 shares with a market value of $64,106,512. This comprised 2.2% of the total portfolio. The net change in shares for this position over the two quarters is 2,306,960. About Company: New Oriental Education & Technology Group, Inc. offers educational services. The Company offers foreign language training, test preparation courses for admissions and assessment tests in the United States, the PRC and Commonwealth countries, primary and secondary school education, development and distribution of educational content, software and other technology, and online classes.
  • Microsoft Corporation (NASDAQ:MSFT): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 2,489,800 shares with a market value of $61,971,120. This comprised 2.13% of the total portfolio. The net change in shares for this position over the two quarters is 2,489,800. About Company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.

(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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