Discerene Group LP Long-Term Concentrated

Location: Stamford, CT

CIK: 0001632958 · Show all filings

Period: Q1 2026 (← Previous)

Filing Date: May 14, 2026

Total Value: $946M (100.0% shares, 0.0% debt)

Holdings (12)

Increased Positions (1)

SABR SABRE CORP 6.0%

Value $56.69M (+8.2%) Shares 39,093,531 (+1.5%) Est. Cost $3.27 Unrealized -63.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SABR	SABRE CORP	39,093,531 (+1.5%)	$56.69M (+8.2%)	6.0%	$3.27	-63.6%	COM	78573M104

Exited Positions (1)

KOF COCA-COLA FEMSA SAB DE CV 0.7%

Value $6.497M Shares 68,597 Est. Cost $52.93 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KOF	COCA-COLA FEMSA SAB DE CV	68,597	$6.497M	0.7%	$52.93	—	—	191241108

Decreased Positions (9)

BABA ALIBABA GROUP HLDG LTD 35.0%

Value $332M (-24.1%) Shares 2,642,678 (-11.3%) Est. Cost $101.08 Unrealized —

WU WESTERN UN CO 3.4%

Value $32.06M (-40.7%) Shares 3,672,417 (-36.7%) Est. Cost $14.83 Unrealized —

SLB SLB LTD 8.3%

Value $79.01M (+17.3%) Shares 1,537,505 (-12.4%) Est. Cost $20.52 Unrealized +135.4%

INTC INTEL CORP 8.7%

Value $82.68M (+12.4%) Shares 1,873,600 (-6.0%) Est. Cost — Unrealized —

HAL HALLIBURTON CO 4.1%

Value $38.75M (+25.5%) Shares 993,920 (-9.0%) Est. Cost $20.54 Unrealized +63.3%

CCU COMPANIA CERVECERIAS UNIDAS 2.2%

Value $21.25M (-21.9%) Shares 1,872,635 (-12.2%) Est. Cost $11.76 Unrealized —

JD JD.COM INC 18.6%

Value $176M (-1.2%) Shares 5,957,841 (-4.1%) Est. Cost $28.82 Unrealized —

TEO TELECOM ARGENTINA SA 0.5%

Value $4.843M (-14.5%) Shares 414,244 (-15.1%) Est. Cost $6.56 Unrealized —

EDU NEW ORIENTAL ED & TECHNOLOGY 11.3%

Value $107M (-0.8%) Shares 1,885,823 (-3.6%) Est. Cost $49.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BABA	ALIBABA GROUP HLDG LTD	2,642,678 (-11.3%)	$332M (-24.1%)	35.0%	$101.08	—	SPONSORED ADS	01609W102
WU	WESTERN UN CO	3,672,417 (-36.7%)	$32.06M (-40.7%)	3.4%	$14.83	—	COM	959802109
SLB	SLB LTD	1,537,505 (-12.4%)	$79.01M (+17.3%)	8.3%	$20.52	+135.4%	COM STK	806857108
INTC	INTEL CORP	1,873,600 (-6.0%)	$82.68M (+12.4%)	8.7%	—	—	CALL	458140100
HAL	HALLIBURTON CO	993,920 (-9.0%)	$38.75M (+25.5%)	4.1%	$20.54	+63.3%	COM	406216101
CCU	COMPANIA CERVECERIAS UNIDAS	1,872,635 (-12.2%)	$21.25M (-21.9%)	2.2%	$11.76	—	SPONSORED ADR	204429104
JD	JD.COM INC	5,957,841 (-4.1%)	$176M (-1.2%)	18.6%	$28.82	—	SPON ADR CL A	47215P106
TEO	TELECOM ARGENTINA SA	414,244 (-15.1%)	$4.843M (-14.5%)	0.5%	$6.56	—	SPON ADR REP B	879273209
EDU	NEW ORIENTAL ED & TECHNOLOGY	1,885,823 (-3.6%)	$107M (-0.8%)	11.3%	$49.19	—	SPON ADR	647581206

Unchanged Positions (2)

TAL TAL ED GROUP 1.6%

Value $15.4M Shares 1,354,733 Est. Cost $3.95 Unrealized —

TKC TURKCELL ILETISIM 0.1%

Value $1.205M Shares 199,788 Est. Cost $5.39 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TAL	TAL ED GROUP	1,354,733	$15.4M	1.6%	$3.95	—	SPONSORED ADS	874080104
TKC	TURKCELL ILETISIM	199,788	$1.205M	0.1%	$5.39	—	SPON ADR NEW	900111204