Discovery Capital takes profits on soaring AI neocloud company stocks. What happenedAccording to a filing with the Securities and Exchange Commission dated Nov. 14, 2025, Discovery Capital Management, LLC sold 784,600 shares of Iren Limited (IREN 8.67%) in the third quarter. The post-trade stake stands at 3,365,700 shares, valued at $157.95 million as of Sept. 30, 2025.What else to knowDiscovery Capital Management, LLC reduced its Iren stake, which now accounts for 8.66% of AUM, ranked as the fund’s 2nd-lar ...