Discerene Group LP — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Discerene Group LP increased allocation to 1 existing position, trimmed 8 positions, and exited 1 position entirely. The fund's 13F equity book declined from $0.98B to $0.86B (-12.1% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $0.98BPrior quarter
- $0.86BCurrent quarter
- $-0.12BNet delta
- -12.1%% change
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| SABRE CORP | SABR | +1.23% | +1.48% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| WESTERN UNION | WU | -1.79% | -36.75% | History → |
| TELECOM ARGENTINA SA | TEO | -0.02% | -15.09% | History → |
| SCHLUMBERGER LTD | SLB | 2.29% | -12.41% | History → |
| COMPANIA CERVECERIAS UNIDAS | CCU | -0.31% | -12.22% | History → |
| ALIBABA GROUP HLDG LTD | BABA | -6.08% | -11.34% | History → |
| HALLIBURTON CO | HAL | 1.35% | -9.00% | History → |
| JD.COM INC., CLASS A, ADR | JD | 2.26% | -4.07% | History → |
| NEW ORIENTAL ED & TECHNOLOGY | EDU | 1.41% | -3.56% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| COCA COLA FEMSA | KOF | 0.66% |
Methodology & FAQ
How Discerene Group LP Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Discerene Group LP against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Discerene Group LP initiate in Q1 2026?
Discerene Group LP established no new positions in Q1 2026.
Which existing positions saw the largest allocation increases for Discerene Group LP in Q1 2026?
The largest portfolio-weight increases in existing positions were: SABRE CORP (SABR, +1.23% weight, +1.48% shares).
Which positions did Discerene Group LP fully exit in Q1 2026?
Discerene Group LP fully exited 1 position in Q1 2026: COCA COLA FEMSA (KOF, last-reported weight 0.66%).
Which existing positions saw the largest allocation reductions for Discerene Group LP in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: WESTERN UNION (WU, -1.79% weight, -36.75% shares), TELECOM ARGENTINA SA (TEO, -0.02% weight, -15.09% shares), SCHLUMBERGER LTD (SLB, 2.29% weight, -12.41% shares), COMPANIA CERVECERIAS UNIDAS (CCU, -0.31% weight, -12.22% shares), ALIBABA GROUP HLDG LTD (BABA, -6.08% weight, -11.34% shares), HALLIBURTON CO (HAL, 1.35% weight, -9.00% shares), JD.COM INC., CLASS A, ADR (JD, 2.26% weight, -4.07% shares), NEW ORIENTAL ED & TECHNOLOGY (EDU, 1.41% weight, -3.56% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.