DG
Discerene Group LP — 13F Filing & Top Stock Positions (Q2 2026)
Discerene Group LPCIK: 0001632958
Momentum followerSector-focusedQuality / disciplined sizing
Total reported value
$889.1M
Reporting period: 2026-06-30 · Number of holdings: 12
Discerene Group LP disclosed 12 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $889.1M and a quarterly turnover rate of 39.2%.
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Personality snowflake
- Concentration
- 67.5
- Portfolio Stability
- 39.18
- Momentum
- 100
- Sector conviction
- 88.64
- Diversification
- 24
- Sizing Uniformity
- 89.43
Discerene Group LP's disclosed holdings carry a Herfindahl concentration index of 0.169 — mathematically equivalent to about 6 equally-sized positions, well below its 12 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 1.06), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 12.5 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNew buy CPRT
Sold out INTC
Trim BABA
+3.6% -$68.8M
Add EDU
+63.2% $34.5M
Add SABR
-5.1% $20.9M
Trim JD
0.0% -$24.4M
Holdings Map
New buyAddUnchangedTrim
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | BABA | Alibaba Group Holding-sp Adr | Stock-Consumer Disc | 29.55% | -5.48% | +3.59% | |
| 2 | JD | Jd.com Inc-adr | Stock-Consumer Disc | 17.07% | -1.54% | — | |
| 3 | EDU | New Oriental Educatio-sp Adr | Stock-Consumer Staples | 15.89% | +4.61% | +63.22% | |
| 4 | CPRT | Copart Inc | Stock-Industrials | 10.71% | +10.71% | NEW | |
| 5 | SABR | Sabre CORP | Stock-Tech | 8.72% | +2.73% | -5.07% | |
| 6 | SLB | Slb LTD | Stock-Energy | 7.03% | -1.32% | -12.59% | |
| 7 | HAL | Halliburton Co | Stock-Energy | 3.80% | -0.29% | — | |
| 8 | WU | Western Union Co | Stock-Financials | 2.97% | -0.42% | -6.51% | |
| 9 | CCU | Cia Cervecerias Uni-spon Adr | Stock-Other | 2.06% | -0.19% | -12.72% | |
| 10 | TAL | Tal Education Group- Adr | Stock-Consumer Staples | 1.46% | -0.17% | — | |
| 11 | TEO | Telecom Argentina Sa-sp Adr | Stock-Other | 0.61% | +0.10% | — | |
| 12 | TKC | Turkcell Iletisim Hizmet-adr | Stock-Other | 0.13% | — | — |
Portfolio Performance
Performance for Q3 2026
-1.4%
Performance Last 4 Quarters
+19.1%
- Stdev
- +28.6%
- Beta
- +0.81
- Alpha
- +2.2%
- Max Drawdown
- -18%
- Annualized Perf
- +15.7%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +1.39
- Stutzer
- +0.19
- Treynor
- +0.23
- Sterling
- +0.69
- Calmar
- +0.87
- Information Ratio
- -0.06
- Tracking Error
- +26.7%
- Stdev Down
- +13.3%
- Winning Months %
- +44.4%
- Losing Months %
- +55.6%
- Best 12 Months
- +34.2%
- Worst 12 Months
- -3.4%
- Efficiency Ratio
- +0.25
- Sharpe
- +0.65
- Stdev Sectors
- +14.7%
- Skewness
- +0.93
- Kurtosis
- +0.5
- Upside Potential
- +3.47
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 12 | $889.1M | 39 | ||
| 2026 Q1 | 12 | $946.4M | 18 | ||
| 2025 Q4 | 13 | $1.1B | 18 | ||
| 2025 Q3 | 13 | $1.2B | 22 | ||
| 2025 Q2 | 13 | $970.2M | 0 | ||
| 2025 Q1 | 13 | $1.0B | 100 | ||
| 2024 Q4 | 12 | $765.1M | 0 | ||
| 2024 Q3 | 12 | $889.3M | 0 | ||
| 2024 Q2 | 11 | $651.9M | 0 | ||
| 2024 Q1 | 11 | $689.4M | 0 | ||
| 2023 Q4 | 14 | $799.6M | 0 | ||
| 2023 Q3 | 15 | $812.9M | 0 | ||
| 2023 Q2 | 14 | $764.3M | 0 | ||
| 2023 Q1 | 14 | $775.4M | 0 | ||
| 2022 Q4 | 14 | $809.7M | 0 | ||
| 2022 Q3 | 14 | $678.0M | 0 | ||
| 2022 Q2 | 15 | $736.7M | 0 | ||
| 2022 Q1 | 16 | $783.7M | 0 | ||
| 2021 Q4 | 15 | $489.4M | 0 | ||
| 2021 Q3 | 14 | $319.2M | 0 | ||
| 2021 Q2 | 12 | $311.2M | 100 | ||
| 2021 Q1 | 10 | $272.7M | 21 | ||
| 2020 Q4 | 9 | $224.3M | — |
Holding changes this quarter
Discerene Group LP's most significant position changes for 2026-06-30: New buy: Copart Inc (CPRT); Sold out: Intel CORP (INTC); Add: Alibaba Group Holding-sp Adr (BABA) — shares +3.59%; Add: New Oriental Educatio-sp Adr (EDU) — shares +63.22%; Trim: Sabre CORP (SABR) — shares -5.07%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | CPRT | Copart Inc | +10.7% | NEW | New buy |
| 2 | EDU | New Oriental Educatio-sp Adr | +4.6% | +63.22% | Add |
| 3 | SABR | Sabre CORP | +2.7% | -5.07% | Trim |
| 4 | TEO | Telecom Argentina Sa-sp Adr | +0.1% | — | Unchanged |
| 5 | TKC | Turkcell Iletisim Hizmet-adr | — | — | Unchanged |
| 6 | TAL | Tal Education Group- Adr | -0.2% | — | Unchanged |
| 7 | CCU | Cia Cervecerias Uni-spon Adr | -0.2% | -12.72% | Trim |
| 8 | HAL | Halliburton Co | -0.3% | — | Unchanged |
| 9 | WU | Western Union Co | -0.4% | -6.51% | Trim |
| 10 | SLB | Slb LTD | -1.3% | -12.59% | Trim |
| 11 | JD | Jd.com Inc-adr | -1.5% | — | Unchanged |
| 12 | BABA | Alibaba Group Holding-sp Adr | -5.5% | +3.59% | Add |
| 13 | INTC | Intel CORP | -8.7% | EXIT | Sold out |
Filing History
FAQ
What is Discerene Group LP and what type of investor is it?
Discerene Group LP is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $889.1M, spread across 12 disclosed positions.
What are Discerene Group LP's largest equity positions?
Based on the latest 13F filing, Discerene Group LP's top holdings by market value are:
1. Alibaba Group Holding-sp Adr (BABA) — $262.8M (29.6%)
2. Jd.com Inc-adr (JD) — $151.8M (17.1%)
3. New Oriental Educatio-sp Adr (EDU) — $141.3M (15.9%)
4. Copart Inc (CPRT) — $95.2M (10.7%)
5. Sabre CORP (SABR) — $77.6M (8.7%)
What changes did Discerene Group LP make in its most recent portfolio filing?
In the latest reported quarter, Discerene Group LP made 8 notable position adjustments: 1 new positions were initiated, 2 existing holdings were added to, 4 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Copart Inc (CPRT); Sold out: Intel CORP (INTC); Add: Alibaba Group Holding-sp Adr (BABA) — shares +3.59%; Add: New Oriental Educatio-sp Adr (EDU) — shares +63.22%; Trim: Sabre CORP (SABR) — shares -5.07%
What sectors does Discerene Group LP focus on?
Discerene Group LP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Consumer Discretionary: 48.0%
• Consumer Staples: 17.9%
• Energy: 11.1%
• Industrials: 11.0%
• Information Technology: 9.0%
• Financials: 3.1%
Investment Profile
Discerene Group LP returned an annualized 15.7% over the trailing 36 months — outperforming the S&P 500 by 2.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.81 (less volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is concentrated and moderately active, with 48.0% of the portfolio concentrated in Consumer Discretionary.
Its turnover score has risen from 0 to 39 over the past 4 quarters — a shift toward more active trading.
It has added to its SABR position over the past two quarters (+$25.2M, now $77.6M), while trimming BABA over the same stretch (-$174.2M, still holding $262.8M).
Peer Institutions
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PJ
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Developer Access
Access Discerene Group LP's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/discerene-group-lpCLI
npx alphasmo institutions get discerene-group-lp