Discovery Capital Invests in These Technology Companies Most in Q3

Wall St. Watchdog reveals information regarding Discovery Capital Management’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 20 stocks in the Technology sector at the end of the quarter with an aggregate market value of $1.777 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.
  • 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.
  • 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.
  • Rf Micro Devices Inc. (NASDAQ:RFMD): On 06/30/2011, Discovery Capital Management reported holding 0 shares. On 09/30/2011, Discovery Capital Management reported holding 8,448,177 shares with a market value of $53,561,443. This comprised 1.84% of the total portfolio. The net change in shares for this position over the two quarters is 8,448,177. About Company: RF Micro Devices, Inc. designs, develops, and markets proprietary radio frequency integrated circuits. The Company’s products are used for wireless communications applications such as cellular and PCS, cordless telephony, wireless LANs, wireless local loop, industrial radios, wireless security and remote meter reading.
  • Omnivision Technologies Inc. (NASDAQ:OVTI): On 06/30/2011, Discovery Capital Management reported holding 2,029,100 shares with a market value of $70,632,974. This comprised 2.36% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 3,481,400 shares with a market value of $48,878,856. This comprised 1.68% of the total portfolio. The net change in shares for this position over the two quarters is 1,452,300. About Company: OmniVision Technologies, Inc. provides integrated single chip semiconductor imaging devices. The Company designs, develops, and markets semiconductor imaging devices for computing, communications, and consumer electronics applications. OmniVision’s image sensor product is used in cameras and camera related products such as personal computer, digital, and security cameras.
  • Symantec Corporation (NASDAQ:SYMC): On 06/30/2011, Discovery Capital Management reported holding 2,662,597 shares with a market value of $52,506,411. This comprised 1.75% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 2,662,597 shares with a market value of $43,400,329. This comprised 1.49% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: Symantec Corporation provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. The Company offers software and services that protect, manage and control information risks related to security, data protection, storage, compliance and management.
  • Verisign Inc. (NASDAQ:VRSN): On 06/30/2011, Discovery Capital Management reported holding 895,260 shares with a market value of $29,955,399. This comprised 1% of the total portfolio. On 09/30/2011, Discovery Capital Management reported holding 895,260 shares with a market value of $25,613,389. This comprised 0.88% of the total portfolio. The net change in shares for this position over the two quarters is 0. About Company: VeriSign, Inc. provides Internet infrastructure services needed by websites, enterprises,electronic commerce providers, and individuals to conduct electronic commerce and communications over Internet protocol networks. The Company also provides Internet domain registration services for all all .com, .net, .cc, .tv, .name and .jobs domain namesand.

(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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