Discerene Group LP 13F: Quarter-over-Quarter Portfolio Changes
Discerene Group LP reported a disclosed portfolio value of approximately $863.7 million in its latest SEC Form 13F-HR filing for Q1 2026, down 12.1% quarter on quarter. Over the quarter, the fund bought more shares in 1 holding, trimmed 8 holdings, and exited 1 position.
Discerene Group LP's top buy was Sabre CORP (SABR) . The fund bought 1.5% more shares, lifting the position's portfolio weight by 1.2 percentage points. Its top sell was Western Union (WU) . The fund sold 36.7% of its previously reported shares, reducing the position's portfolio weight by 1.8 percentage points.
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| SABRE CORP | SABR | +1.2% | +1.5% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| WESTERN UNION | WU | -1.8% | 36.7% | History → |
| TELECOM ARGENTINA SA | TEO | -0.0% | 15.1% | History → |
| SLB | SLB | 2.3% | 12.4% | History → |
| COMPANIA CERVECERIAS UNIDAS | CCU | -0.3% | 12.2% | History → |
| ALIBABA GRP-ADR | BABA | -6.1% | 11.3% | History → |
| HALLIBURTON CO | HAL | 1.3% | 9.0% | History → |
| JD.COM INC-ADR | JD | 2.3% | 4.1% | History → |
| NEW ORIENTAL ED & TECHNOLOGY | EDU | 1.4% | 3.6% | History → |
Full ExitsQ1 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 | 0.7% |
Net Portfolio Value ChangeQ1 2026
- $1.0BPrior quarter
- $0.9BCurrent quarter
- $-0.1BNet delta
- -12.1%% change
Methodology & FAQ
How Discerene Group LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Discerene Group LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Discerene Group LP buy in Q1 2026?
In Q1 2026, Discerene Group LP bought more shares of SABRE CORP (SABR).
What stocks did Discerene Group LP sell in Q1 2026?
In Q1 2026, Discerene Group LP fully sold 1 position (COCA COLA FEMSA (KOF)); reduced holdings in WESTERN UNION (WU), TELECOM ARGENTINA SA (TEO), SLB (SLB), COMPANIA CERVECERIAS UNIDAS (CCU), ALIBABA GRP-ADR (BABA) — the largest 5 of 8 reductions.
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?
Of 1 existing position with share-count increases in Q1 2026, the largest were: SABRE CORP (SABR, +1.2% weight, +1.5% 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 0.7%).
Which existing positions saw the largest allocation reductions for Discerene Group LP in Q1 2026?
Of 8 existing positions with share-count reductions in Q1 2026, the largest were: WESTERN UNION (WU, -1.8% weight, -36.7% shares), TELECOM ARGENTINA SA (TEO, -0.0% weight, -15.1% shares), SLB (SLB, 2.3% weight, -12.4% shares), COMPANIA CERVECERIAS UNIDAS (CCU, -0.3% weight, -12.2% shares), ALIBABA GRP-ADR (BABA, -6.1% weight, -11.3% shares), HALLIBURTON CO (HAL, 1.3% weight, -9.0% shares), JD.COM INC-ADR (JD, 2.3% weight, -4.1% shares), NEW ORIENTAL ED & TECHNOLOGY (EDU, 1.4% weight, -3.6% 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. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.