SEC 13F Intelligence

Managers / Q3 2024 · view latest →

Discerene Group LP

CIK 0001632958 · 2777 SUMMER STREET, SUITE 301, STAMFORD, CT, 06905 · (203) 724-9961

Reported Value
$889M
Q3 2024
Positions
12
Filings on Record
22
2019–present window
Filed
Nov 8, 2024
original filing

Summary

Discerene Group LP reported $889M in U.S.-listed holdings across 12 positions for Q3 2024.

The portfolio is heavily concentrated: BABA alone accounts for 35.4% of reported value.

Compared with Q2 2024, the fund opened 1 new position and exited 0.

Portfolio Metrics

Turnover
+1.8%
vs prior filed quarter
Top-10 Concentration
+94.7%
share of reported value
Largest Position
+35.4%
Alibaba Group Hldg

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $224MQ4 ’20Q1 ’21: $273MQ2 ’21: $311MQ3 ’21: $319MQ3 ’21Q4 ’21: $489MQ1 ’22: $784MQ2 ’22: $737MQ2 ’22Q3 ’22: $678MQ4 ’22: $810MQ1 ’23: $775MQ1 ’23Q2 ’23: $764MQ3 ’23: $813MQ4 ’23: $800MQ4 ’23Q1 ’24: $689MQ2 ’24: $652MQ3 ’24: $889MQ3 ’24Q4 ’24: $765MQ1 ’25: $1.0BQ2 ’25: $970MQ2 ’25Q3 ’25: $1.2BQ4 ’25: $1.1BQ1 ’26: $946MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ADR: 70.2%Common Stock: 29.8%
  • ADR · 70.2% · $625M
  • Common Stock · 29.8% · $265M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INTCINTEL CORPNEW+1.99M1.99M+$47M$47M
TKCTURKCELL ILETISIM HIZMETLERITRIMMED−443.3K199.8K−$3M$1M
BABAALIBABA GROUP HLDG LTDHELD+102.97M+$101M$315M
JDJD.COM INCHELD+05.55M+$79M$222M
SABRSABRE CORPHELD+019.11M+$19M$70M
SLBSCHLUMBERGER LTDHELD+01.62M−$8M$68M
TALTAL EDUCATION GROUPHELD+03.86M+$5M$46M
W3UWESTERN UN COHELD+06.68M−$2M$80M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2024

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS35.41%$315M2.97M
2JDJD.COM INChistory →SPON ADS CL A24.99%$222M5.55M
3W3UWESTERN UN COhistory →COM8.96%$80M6.68M
4SABRSABRE CORPhistory →COM7.89%$70M19.11M
5SLBSCHLUMBERGER LTDhistory →COM STK7.62%$68M1.62M
6TALTAL EDUCATION GROUPhistory →SPONSORED ADS5.14%$46M3.86M
7COMPANIA CERVECERIAS UNIDASSPONSORED ADR3.29%$29M2.52M
8KOFCOCA-COLA FEMSA SAB DE CVSPONS ADS REP0.68%$6M68.6K
9TEOTELECOM ARGENTINA SASPON ADR REP B0.57%$5M667.9K
10TKCTURKCELL ILETISIM HIZMETLERISPON ADR NEW0.15%$1M199.8K
11HALHALLIBURTON COCOM0.04%$354,67112.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$946M12May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.1B13Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.2B13Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$970M13Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.0B13May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$765M12Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$889M12Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$652M11Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$689M11May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$800M14Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$813M15Nov 9, 202313F-HRchanges · EDGAR ↗
Q2 2023$764M14Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$775M14May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$810M14Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$678M14Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$737M15Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$784M16May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$489M15Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$319M14Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$311M12Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$273M10May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$224M9Feb 11, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.