Stanley Druckenmiller highest dividend-paying stocks are Pioneer Natural Resources Co.(11.93%), BlackRock Institutional Trust Company N.A. Hedge Fund and Insider Trading News: George Soros, Steve Cohen, Elliott Management, Brevan Howard Asset Management, Engine No. They add up to ~53% of the portfolio. Their last reported 13F filing for Q4 2022 included $2,020,266,796 in managed 13F securities and a top 10 holdings concentration of 68.68%. 3-Point Goals: 5-16, .313 (Luis 2-3, Weeks 2-4, Dominguez 1-2, K.Thompson 0-1, Diggins 0-3, Gapare 0-3). Returns of mid-teens from 2011 to 2017 . Now well find out whether Ive just been in your hair too much or whether you really are inept.. The change made by this company is -7.5k and the % change made by it is -0.29%. as of 3/1/23. He ascended quickly and was named research director and then head of investments in 1979. This will schedule a job to export all requested 13f holdings data for this filer. Bush). In this article, we discuss the 12 best stocks to buy for flat markets according to Stanley Druckenmiller. Below is a spreadsheet that highlights the changes to Stanley Druckenmiller's Duquesne Family Office 13F stock portfolio as of Q4 2021: Stanley Druckenmiller - Duquesne Family Office's Q4 2021 13F Report Q/Q Comparison (John Vincent (author)). PointState's return this year is less than 1%, though it's gained 3.6% so far in December. New York University Langone Medical Center. [12] In November 2020, he stated that he owned both gold and bitcoin. In the regulatory environment after Duquesne, investors are exposed to substantial risks from very large cost disallowances without equivalent opportu-nities for gain. 130 E. Randolph St. Duquesne Capital Management . Performance Main Office Stanley Freeman Druckenmiller (born June 14, 1953)[1] is an American investor, hedge fund manager and philanthropist. Suite 3200 Each net worth figure is updated every business day after the close of trading in New York. At the end of the second quarter, Druckenmiller's top five positions were Apple AAPL.O, Wells Fargo WFC.N, McDonald's MCD.N, JPMorgan Chase JPM.N and Cisco Systems CSCO.O. . Founder, Duquesne Family Office. The stake was rebuilt over the next two quarters at prices between ~$1780 and ~$2880. He is also an avid golfer, with memberships at a bevy of exclusive clubs, including the National Golf Links of America in Southampton, N.Y., and Oakmont Country Club in Pittsburgh. In this article, we discuss 10 value stock picks of billionaire Stanley Druckenmiller in 2022. divided by the total MV of the fund. As a subscriber, you have 10 gift articles to give each month. [3] He is reported to have made $260 million in 2008.[4]. SC 13G - NFE / New Fortress Energy LLC / Duquesne Family Office LLC - SCHEDULE 13G Passive Investment 2019-08-20 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. That followed a career-high 31 points against the Dukes in late . (Editing by Leslie Adler, Bernard Orr). . Phone: 1-866-280-0237 I/we have a beneficial long position in the shares of ACAD, AMZN, CPNG, FB, GOOGL either through stock ownership, options, or other derivatives. Organizer John Higgins. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. View Map. Q2 2020 saw the stake rebuilt at prices between ~$6.25 and ~$10.90. At the time of closing, Duquesne Capital had over $12 billion in assets.. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager . That was followed with a ~43% selling this quarter at prices between ~$470 and ~$568. ? Daily NewsletterDuquesne CapitalDuquesne Capital Stanley DruckenmillerDuquesne Family Office Q1 2019 Portfolio ChangesDuquesne Family Office Stanley DruckenmillerDuquesne Family Offices Latest MovesYahoo FinanceShow moreShow less. Whalewisdom has at least 48 13F filings, and 4 13G filings. . [1] He grew up in a middle-class household in the suburbs of Philadelphia. )* NEW FORTRESS ENERGY LLC (Name of Issuer) Class A Common Stock, no par value (Title of Class of Securities) 644393100 (CUSIP Number) August . Performance numbers calculated through 2023-02-14. The purchase prices were between $34.68 and $69.91, with an estimated average price of $52.07. As of 09/30/2022, below is a summary of the Duquesne Family Office LLC top holdings . David Einhorn, Founder and President of Greenlight Capital exited his stakes in Intel (INTC), Rivian Automotive (RIVN), and News Corp. (NWS) in Q4, according to the hedge funds 13-F filing. our complete methodology , Design & development: Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. He managed to achieve about a 40% average annual return on a multi-billion dollar hedge fund over 25 years during his time at Quantum and a 30% average annual return on his Duquesne Capital Management over 30 years. Talking about the Stanley Druckenmiller holdings in Microsoft Corporation, out of 100%, this company holds 15.88% of its portfolio. Toronto (31-32 SU, 31-32 ATS) travels to Washington to take on the Wizards (29-32 SU, 29-29-3 ATS) on Thursday at 7:10pmET from Capital One Arena. If Warren Buffetts hedge fund didnt generate any outperformance (i.e. Real Time Net Worth. Chevron Inc. (CVX), Snap Inc. (SNAP), WillScot Mobile Mini (WSC), and Ingersoll Rand (IR): These are the new positions this quarter. Please visit our Tracking Stanley Druckenmiller's Duquesne Portfolio series to get an idea of their investment philosophy and our previous update for the fund's moves during Q3 2021. Joins PNC predecessor as stock analyst, later promoted to research chief. On one hand, the two fund managers placed large bets on global currencies and commodities by watching charts and focusing on political trends. Druckenmiller graduated with a BA in English and Economics from Bowdoin College, and he decided to drop a three-year Ph.D. program in Economics at the University of Michigan in order to take a position of an oil analyst for Pittsburgh National Bank. The position was sold down by ~60% last quarter at prices between ~$302 and ~$370. [2] At the time of closing, Duquesne Capital had over $12 billion in assets. [7] He left Soros in 2000 after taking large losses in technology stocks. The Need for Speed in Trend-Following Strategies, Global Fixed Income: Volatility and Uncertainty Here to Stay, Morningstar Indexes' Annual ESG Risk/Return Analysis, 2023 Outlook: The Top Five Trends to Monitor in the Year Ahead, Show Me the Income: Discovering plan sponsor and participant preferences for cr, The Future of Infrastructure: Building a Better Tomorrow, For institutional investors, ETFs can make meeting liquidity needs easier, Gold: the most effective commodity investment, 2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios, Ten ways retirement plan professionals add value to plan sponsors. PointState had 90 employees as of November. Sign-up Freeport-McMoRan (FCX): FCX is a large (top five) 7.32% of the portfolio position purchased in Q4 2019 at prices between ~$10 and ~$13.50. Oscar Health (OSCR) and Palantir Technologies (PLTR):These very small (less than ~1% of the portfolio each) stakes were kept steady this quarter. delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance. Q1 2021 also saw a ~14% stake increase. to see more advanced email alert options such as selecting any type of Company profile page for Duquesne Capital LP including stock price, company news, press releases, executives, board members, and contact information . Our Standards: The Thomson Reuters Trust Principles. The holding were 382,100 shares as of 2021-09-30. He launched his hedge fund in 1956 with $105,100 in seed capital. filed on 2/14/2022. There was a ~7% trimming this quarter. The upheavals at PointState mark the end of a year in which several well-known managers have called it quits, and many firms have struggled to make money a theme for much of the past decade. Reference #: 17604\ Duquesne Light Company, headquartered in downtown Pittsburgh, is a leader in providing electric energy and has been in the forefront of the electric energy market, with a history rooted in technological innovation and superior customer service. Duquesne Capital Management They married two different strands of investing. News of his decision to close Duquesne was first reported by Bloomberg News. Starbucks Corp. (SBUX): SBUX is a 1.54% stake built in 2020 at prices between ~$63 and ~$107. Druckenmiller was an avid Little League pitcher, and excelled at sports including golf, bocce and badminton. Duquesne which oversees $12 billion has not reported a down year in its history, though it is down about 5 percent so far this year, according to a person briefed on the matter. Greg Ley, a portfolio manager specializing in industrials, materials and energy, is also leaving the firm to pursue an "entrepreneurial opportunity.". Druckenmiller also invested $1 billion at the time of the founding of PointState Capital, a hedge fund started in 2011 by former Duquesne money managers. The stock is now at ~$87. As per the news at that time, Druckenmiller was exhausted from the pressure of trying to keep up with one of the best track records in [] Utilizes and implements portfolio management software solutions and capital markets tools. The stock currently trades at ~$126. OriginalWhaleScore Q1 2021 also saw a ~20% stake increase at prices between ~$213 and ~$245. This quarter saw the position sold down by ~80% at prices between ~$106 and ~$117. . He shut down his $12 billion hedge fund Duquesne Capital Management in August 2010, returning funds to clients. TV: fubo Sports Network (Canada) Live Stream: You can stream Milan . There was a ~25% stake increase in Q2 2021 at prices between ~$3152 and ~$3505. An investor who invested $10,000 in Warren Buffetts hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). Disclosure: I/we have a beneficial long position in the shares of ACAD, AMZN, CPNG, FB, GOOGL either through stock ownership, options, or other derivatives. Duquesne gained about 10 percent in 2009 when others gained on average 20 percent. Duquesne increased Coupang, Carvana, Kbr, Flex, Procept Bio, and Smartsheet while decreasing Alphabet, Amazon.com, Palo Alto Networks, Starbucks, and Expedia Group. They calculated that the Bank of England did not have enough foreign currency reserves with which to buy enough sterling to prop up the currency and that raising interest rates would be politically unsustainable. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Easily embed the chart on your blog or website it will always update In this article we present the list of 10 Stocks That Have Grabbed Stanley Druckenmillers Attention in 2022. Last week Boston-based Highfields Capital co-founder Richard Grubman said he was retiring. It is a frequently traded stake and has seen previous roundtrips. We initially share this idea in October 2018 and the stock already returned more than 150%. In this article, we discuss the 10 stocks that billionaire Stanley Druckenmiller is decreasing stakes in. September 28, 2010. [21][22], In 2009, Druckenmiller donated $705 million to foundations that support medical research, education, and anti-poverty, including a $100 million gift to found a Neuroscience Institute at the NYU School of Medicine. The stock is now at ~$3273. Takes over management of flagship Dreyfus Fund under Howard Stein. This asymmetry in regulatory outcomes requires a rate of return in excess of the cost of capital, defined as the expected rate of return in capital We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Jim Cramer October 3, 2022. Druckenmiller lost $2 billion in 1998 on collapsing Russian stocks and bonds, though still posted a gain for the year. Shares started trading at ~$37.50 and currently goes for $35.74. he was tired of the stress of managing money for others and frustrated by his failure in the past three years to match returns. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Investment Banking Finance Lending & Brokerage Finance Venture Capital & Private Equity. IBM Sues Former Top Thai Executive for . And, the positions the fund completely sold out in the quarter counted those in salesforce.com, inc. (CRM), Gilead Sciences, Inc. (NASDAQ:GILD), Medtronic plc (NYSE:MDT), Delta Air Lines, Inc. (NYSE:DAL), American Airlines Group Inc. (NASDAQ:AAL), and Kohls Corporation (NYSE:KSS). Investors in the share class that can withdraw money on a quarterly basis have until Jan. 31 to say if they want to redeem at the end of March, Mr. Schreiber said in the letter. S&P 500WhaleScore While equities were the firm's biggest exposure in the first three quarters of this year, losses in other strategies, including corporate debt and currencies, eroded those profits. Stan Druckenmillers Duquesne Capital is a family office that primarily manages the billionaire money managers personal fortune, which stands at about $6.8 billion according to Forbes. Coupang Inc. (CPNG): CPNG had an IPO in March. The holdings are concentrated with recent 13F reports showing around 50 positions, many of which are very small. IR is a very small 0.75% of the portfolio position established during the quarter. Mr. Druckenmiller declined to comment. Among the top new positions were T-Mobile US, Inc. (NASDAQ:TMUS), The Home Depot, Inc. (NYSE:HD), General Electric Company (NYSE:GE), Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V), and QUALCOMM Incorporated (NASDAQ:QCOM). Duquesne Light Company is now hiring a 2023 Project Management Internship in Woods Run. The one thing Im doing is Im learning who my friends are and who my enemies are, and Im making lists, Goldmans president, Gary D. Cohn, told Mr. Druckenmiller at the time. Later that decade, Mr. Soros, who had begun shifting his focus to philanthropy, recruited Mr. Druckenmiller to become the principal manager of his Quantum Fund after Mr. Druckenmiller read Mr. Soross book The Alchemy of Finance and arranged to meet him. Duquesne Capital Management is an Investment Management company located in Pittsburgh, Pennsylvania with 13 employees. With Mr. Soros, Mr. Druckenmiller helped pioneer an investment strategy that today is referred to as macro trading. Mining, Quarrying, and Oil and Gas Extraction ($286 Million), Health Care and Social Assistance ($34.9 Million), Professional, Scientific, and Technical Services ($12.4 Million), Administrative and Support and Waste Management and Remediation Services ($0). I continue to care deeply about performing for our clients, and the stress of performing in a way that I consider to be disappointing -- even if you do not share that view -- persists in exacting a high emotional toll, with the result that I have concluded that this change is necessary, Druckenmiller told his investors. Sorry, no results has been found matching your query. He resigned from Soros Fund Management before the end of that year. His parents separated while he was in elementary school. Choose your news we will deliver. Moderna (MRNA): The ~1% MRNA position was purchased in Q2 2021 at prices between ~$130 and ~$235. Live Nation Entertainment (LYV): The 1.27% of the portfolio LYV stake was purchased last quarter at prices between ~$75 and ~$94 and the stock currently trades well above that range at ~$118. The position was reduced by ~50% last quarter at prices between ~$495 and ~$577. This quarter saw a ~42% reduction at prices between ~$3190 and ~$3696. His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long . The stock currently trades at ~$220. There was a ~50% stake increase last quarter at prices between ~$28 and ~$44.50. There was a ~60% selling last quarter at prices between ~$339 and ~$382. His father was a chemical engineer and a veteran of DuPont Co., and his mother was a golf and stock market enthusiast. Druckenmiller is former chairman and president of Duquesne Capital. February 17th, 2023 - Hedge Funds Insider Trading, February 15th, 2023 - Hedge Funds Insider Trading, September 28th, 2022 - Hedge Funds Insider Trading, September 16th, 2022 - Hedge Funds Insider Trading, June 10th, 2022 - Hedge Funds Insider Trading. In this article, we discuss Druckenmiller's latest market prediction and his 10 defensive stock picks. 2-5 years of relevant work experience. Duquesne Family Office is based out of New York. Duquesne Capital Management | 1,098 followers on LinkedIn. I've spent more than 20 years leading venture capital investments, and each has been a high-octane ride of do-it-now, break-it-faster, we-can-always-patch-it-later. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Two years ago Daniel Benton shut down his firm. The buy price is calculated from the weighted average of all purchases since the last sell-out of the investor. ET Game Venue: San Siro, Milan, Italy. 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