[SCHEDULE 13G] AMC ENTERTAINMENT HOLDINGS, INC. SEC Filing

Rhea-AI Filing Summary

The Schedule 13G filing reports that Discovery Capital Management, LLC, its founder Robert K. Citrone and Discovery Global Opportunity Master Fund, Ltd. collectively hold 29,646,574 shares of AMC Entertainment Holdings, Inc. Class A common stock, representing 6.8 % of the outstanding class as of 01 July 2025.

• All three reporting persons have shared (and zero sole) voting and dispositive power over the shares.
• The Fund alone owns 26,974,654 shares (6.2 % of the class).
• The stake is filed on a passive basis under Rule 13d-1(b); the signatories certify the shares were not acquired with the purpose of influencing control.
• Discovery Capital Management files as an Investment Adviser (IA); Robert K. Citrone is reported as a Holding Company/Control Person (HC, IN).
• All securities are held in client accounts advised by Discovery Capital; except for the Master Fund, no single client owns more than 5 % of AMC’s common stock.

The document is signed by Robert K. Citrone on 08 July 2025 and includes a Joint Filing Agreement as Exhibit A.

Positive

• Discovery Capital Management’s 6.8 % stake exceeds the 5 % disclosure threshold, indicating a sizeable institutional position in AMC shares.

Negative

• None.

Insights

Portfolio Manager

TL;DR: Hedge-fund adviser Discovery Capital discloses a passive 6.8 % stake in AMC, signalling meaningful—but non-activist—institutional ownership.

The 13G shows Discovery Capital and affiliates collectively control nearly 30 million AMC shares. Because the filing is on Schedule 13G rather than 13D, the group affirms it has no intent to influence control—reducing near-term governance risk for existing management. A >5 % position brings the filer into the public domain and may bolster market perception of institutional support. However, with zero sole voting power, decisions are executed jointly across accounts, potentially limiting agility. Overall, the filing is informative but not transformative for fundamentals.

Corporate Governance Analyst

TL;DR: Passive ownership above 5 % triggers disclosure; no control intent stated, keeping governance dynamics unchanged.

Discovery Capital’s IA status and certification under Item 10 confirm a passive stance. Shared voting/dispositive power suggests the stake is distributed among multiple advisory clients, lowering the risk of coordinated activism. From a governance standpoint, AMC’s existing board control remains unaffected. The 6.8 % holding is material for ownership structure monitoring, yet it does not introduce new strategic pressure on management.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

AMC Entertainment Holdings, Inc.

(Name of Issuer)

Class A common stock

(Title of Class of Securities)

00165C302

(CUSIP Number)

07/01/2025

(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)

SCHEDULE 13G

CUSIP No. 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 29,646,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 29,646,574.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

29,646,574.00

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)

6.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 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 29,646,574.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 29,646,574.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

29,646,574.00

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)

6.8 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

CUSIP No. 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 26,974,654.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 26,974,654.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,974,654.00

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)

6.2 %

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 - 29,646,574 Robert K. Citrone - 29,646,574 Discovery Global Opportunity Master Fund, Ltd. - 26,974,654
(b)	Percent of class: Discovery Capital Management, LLC - 6.8% Robert K. Citrone - 6.8% Discovery Global Opportunity Master Fund, Ltd. - 6.2%
(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 - 29,646,574 Robert K. Citrone - 29,646,574 Discovery Global Opportunity Master Fund, Ltd. - 26,974,654
	(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 - 29,646,574 Robert K. Citrone - 29,646,574 Discovery Global Opportunity Master Fund, Ltd. - 26,974,654
Item 5.	Ownership of 5 Percent or Less of a Class.
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.

DISCOVERY CAPITAL MANAGEMENT, LLC

Signature:	By: /s/ Robert K. Citrone
Name/Title:	Robert K. Citrone, Principal
Date:	07/08/2025

ROBERT K. CITRONE

Signature:	By: /s/ Robert K. Citrone
Name/Title:	Robert K. Citrone
Date:	07/08/2025

DISCOVERY GLOBAL OPPORTUNITY MASTER FUND, LTD.

Signature:	By: /s/ Robert K. Citrone
Name/Title:	Robert K. Citrone, Director
Date:	07/08/2025

Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.

Exhibit Information

Exhibit A - Joint Filing Agreement

FAQ

How many AMC (AMC) shares does Discovery Capital Management own?

The filing reports 29,646,574 Class A shares beneficially owned on a shared basis.

What percentage of AMC’s outstanding stock is held by Discovery Capital?

Their aggregate holding represents 6.8 % of the Class A common stock.

Is Discovery Capital seeking to influence AMC’s control?

No. The Schedule 13G certification states the shares were not acquired to change or influence control of AMC.

Which entities are included in the Schedule 13G group filing?

Discovery Capital Management, LLC; Robert K. Citrone; and Discovery Global Opportunity Master Fund, Ltd.

What is the CUSIP number referenced in the filing?

AMC Entertainment’s Class A common stock carries CUSIP 00165C302.