Discerene Group LP
Discerene Group LP reported 12 US-listed holdings worth $889.1 million in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: Alibaba Group Holding Limited (29.6%), JD.com, Inc. (17.1%) and New Oriental Ed & Technology (15.9%). Against the quarter before, it opened 1 position, added to 2, trimmed 4 and sold out of 0.
The 12 largest of its 12 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned -14.4% over the 7 quarters to 30 June 2026, against +30.2% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 1
- Copart Inc. CPRT$95.2 million
Added to 2
- New Oriental Ed & Technology EDU+1.2 million shares · +63%
- Alibaba Group Holding Limited BABA+95,000 shares · +4%
Trimmed 4
- SLB Limited SLB-193,500 shares · -13%
- Sabre Corp. SABR-2.0 million shares · -5%
- Compania Cervecer-As Unidas S.a. CCU-238,133 shares · -13%
- Western Union Co. WU-238,894 shares · -7%
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Alibaba Group Holding Limited BABA | 2.7M | $262.8 million | 29.55% | +95.0K |
| JD.com, Inc. JD | 6.0M | $151.8 million | 17.07% | no change |
| New Oriental Ed & Technology EDU | 3.1M | $141.3 million | 15.89% | +1.2M |
| Copart Inc. CPRT | 3.4M | $95.2 million | 10.71% | new |
| Sabre Corp. SABR | 37.1M | $77.6 million | 8.72% | -2.0M |
| SLB Limited SLB | 1.3M | $62.5 million | 7.03% | -193.5K |
| Halliburton Co. HAL | 993.9K | $33.7 million | 3.80% | no change |
| Western Union Co. WU | 3.4M | $26.4 million | 2.97% | -238.9K |
| Compania Cervecer-As Unidas S.a. CCU | 1.6M | $18.3 million | 2.06% | -238.1K |
| Tal Education Group TAL | 1.4M | $13.0 million | 1.46% | no change |
| Telecom Argentina SA TEO | 414.2K | $5.4 million | 0.61% | no change |
| Turkcell Iletisim Hizmetleri TKC | 199.8K | $1.2 million | 0.13% | no change |