Discovery Capital Management, LLC filed an amendment reporting shared beneficial ownership of 46,385,704 shares of AMC Entertainment Holdings, Inc. Class A common stock, representing 8.0% of the class. The filing shows Discovery Global Opportunity Master Fund, Ltd. holds 42,206,163 shares (7.2%).
The report states the shares are held for advisory clients and that the filers have shared voting and dispositive power over the listed amounts; sole voting and dispositive power are reported as 0. Signature blocks show Robert K. Citrone signed on behalf of the reporting persons.
Positive
None.
Negative
None.
Insights
Institution reports concentrated shared position of roughly 46.4M AMC Class A shares (8.0%).
The amendment clarifies beneficial ownership by Discovery Capital Management, LLC and related entities, listing 46,385,704 shares with shared voting and dispositive authority. It identifies Discovery Global Opportunity Master Fund, Ltd. with 42,206,163 shares.
The filing states these shares are held for advisory clients; cash‑flow treatment and trading intent are not disclosed. Subsequent filings or disclosures would be needed to show changes in holdings or voting plans.
Filing signals shared control rather than sole control, consistent with advisory relationships.
The schedule reports shared voting power and shared dispositive power for the same share counts, while sole powers are zero. This pattern aligns with an adviser exercising authority on behalf of multiple clients.
Item 6 notes securities are directly owned by advisory clients; one fund is singled out. Any investor governance impact depends on how the adviser directs voting for those client accounts.
Key Figures
Discovery Capital beneficial ownership:46,385,704 sharesPercent of class (Discovery Capital):8.0%Discovery Global Opportunity Master Fund holdings:42,206,163 shares+2 more
5 metrics
Discovery Capital beneficial ownership46,385,704 sharesAmount beneficially owned reported under Item 4(a)
Percent of class (Discovery Capital)8.0%Percent of Class A common stock reported under Item 4(b)
Discovery Global Opportunity Master Fund holdings42,206,163 sharesAmount beneficially owned reported for the fund under Item 4(a)
Sole voting/dispositive power0 sharesSole power to vote and to dispose reported as zero for the filers
Signature date05/05/2026Signature dates listed for the amendment
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
beneficially ownedregulatory
"Amount beneficially owned: Discovery Capital Management, LLC - 46,385,704"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
advisory clientsfinancial
"All of the securities reported in this are directly owned by advisory clients of Discovery Capital Management, LLC"
Schedule 13G/Aregulatory
"Form type: SCHEDULE 13G/A"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
How many AMC (AMC) Class A shares does Discovery Capital report owning?
The filing reports 46,385,704 shares of AMC Class A common stock. This amount is shown as the total beneficial interest attributable to Discovery Capital and Robert K. Citrone.
What percent of AMC does Discovery Capital and related parties hold per the filing?
Discovery Capital and Robert K. Citrone are reported at 8.0% of the Class A shares, while Discovery Global Opportunity Master Fund, Ltd. is reported at 7.2%. Percentages are listed under Item 4(b).
Does the filing show sole voting or dispositive power over the AMC shares?
No; the filing shows 0 shares of sole voting and sole dispositive power and reports shared voting and shared dispositive power for the listed share counts.
Are the AMC shares held personally or on behalf of clients?
The filing states the securities are directly owned by advisory clients of Discovery Capital Management, LLC. Item 6 explains shareholder listings for those clients are not required under the Investment Company Act.
Who signed the Schedule 13G/A amendment for these holdings?
The amendment is signed by Robert K. Citrone in capacities of Principal and Director on behalf of the reporting persons, with signature dates shown as 05/05/2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
AMC Entertainment Holdings, Inc.
(Name of Issuer)
Class A common stock
(Title of Class of Securities)
00165C302
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
00165C302
1
Names of Reporting Persons
Discovery Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CONNECTICUT
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
46,385,704.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
46,385,704.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,385,704.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.0 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
00165C302
1
Names of Reporting Persons
Robert K. Citrone
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
46,385,704.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
46,385,704.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
46,385,704.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
8.0 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
00165C302
1
Names of Reporting Persons
Discovery Global Opportunity Master Fund, Ltd.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
42,206,163.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
42,206,163.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
42,206,163.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.2 %
12
Type of Reporting Person (See Instructions)
CO
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
AMC Entertainment Holdings, Inc.
(b)
Address of issuer's principal executive offices:
One AMC Way, 11500 Ash Street, Leawood, KS 66211
Item 2.
(a)
Name of person filing:
Discovery Capital Management, LLC
Robert K. Citrone
Discovery Global Opportunity Master Fund, Ltd.
(b)
Address or principal business office or, if none, residence:
Discovery Capital Management, LLC
20 Marshall Street, Suite 310
South Norwalk, CT 06854
United States of America
Robert K. Citrone
c/o Discovery Capital Management, LLC
20 Marshall Street, Suite 310
South Norwalk, CT 06854
United States of America
Discovery Global Opportunity Master Fund, Ltd.
c/o Discovery Capital Management, LLC
20 Marshall Street, Suite 310
South Norwalk, CT 06854
United States of America
(c)
Citizenship:
Discovery Capital Management, LLC - Connecticut
Robert K. Citrone - United States
Discovery Global Opportunity Master Fund, Ltd. - Cayman Islands
(d)
Title of class of securities:
Class A common stock
(e)
CUSIP No.:
00165C302
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Discovery Capital Management, LLC - 46,385,704
Robert K. Citrone - 46,385,704
Discovery Global Opportunity Master Fund, Ltd. - 42,206,163
(b)
Percent of class:
Discovery Capital Management, LLC - 8.0%
Robert K. Citrone - 8.0%
Discovery Global Opportunity Master Fund, Ltd. - 7.2%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Discovery Capital Management, LLC - 0
Robert K. Citrone - 0
Discovery Global Opportunity Master Fund, Ltd. - 0
(ii) Shared power to vote or to direct the vote:
Discovery Capital Management, LLC - 46,385,704
Robert K. Citrone - 46,385,704
Discovery Global Opportunity Master Fund, Ltd. - 42,206,163
(iii) Sole power to dispose or to direct the disposition of:
Discovery Capital Management, LLC - 0
Robert K. Citrone - 0
Discovery Global Opportunity Master Fund, Ltd. - 0
(iv) Shared power to dispose or to direct the disposition of:
Discovery Capital Management, LLC - 46,385,704
Robert K. Citrone - 46,385,704
Discovery Global Opportunity Master Fund, Ltd. - 42,206,163
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G are directly owned by advisory clients of Discovery Capital Management, LLC. None of those advisory clients, other than Discovery Global Opportunity Master Fund, Ltd. may be deemed to beneficially own more than 5% of the Common Stock, $0.01 par value.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
