Please disable your ad-blocker and refresh. Duquesne's programs have won praise for innovation and continued high quality including accolades as a "first-tier university," "top 100 undergraduate school," and "Most Popular.". On September 18, Druckenmiller withdrew his bid to purchase the team.[27]. Stanley Druckenmiller highest dividend-paying stocks are Pioneer Natural Resources Co.(11.93%), BlackRock Institutional Trust Company N.A. No. [25] The Stanley F. Druckenmiller Hall, built in 1997 at Bowdoin College, is named after Druckenmiller's grandfather and was dedicated to Bowdoin by Druckenmiller himself. In 2006, he ranked among the top earners in an industry where managers like Druckenmiller can collect a 20 percent performance fee. He is the former chairman and president of Duquesne Capital, which he founded in 1981. 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. Jim Cramer October 3, 2022. Druckenmiller joined Dreyfus Corp. in 1986 and was soon running its main Dreyfus Fund. Stanley F. Druckenmiller, the hedge fund titan who led George Soross famous bet against the British pound, told clients on Wednesday that he was quitting the business and shutting down his investment firm, Duquesne Capital, after 30 years. At the time, PointState told potential clients that about 70% of assets were managed by Messrs. Schreiber and Samuelson, and the rest by teams focusing on everything from energy, materials and commodities to credit and distressed investing. The billionaire managed about $11 billion in assets through his family office in December 2021, based on Bloomberg calculations using investment returns cited in news reports and analysis of tax returns filed by the Druckenmiller Foundation, a philanthropic entity also managed by Duquesne. It earned the firm $1 billion and helped keep Britain out of Europes common currency union. SEC form, multiple filers or classes of filers, and much more.***. Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. Duquesne Capital Management . Alt Turnover is calculated by taking either the total MV of new purchases or Amazon.com (AMZN): AMZN is currently a top-five position at 6.88% of the portfolio. Daily NewsletterDuquesne CapitalDuquesne Capital Stanley DruckenmillerDuquesne Family Office Q1 2019 Portfolio ChangesDuquesne Family Office Stanley DruckenmillerDuquesne Family Offices Latest MovesYahoo FinanceShow moreShow less. Last edited on 11 November 2022, at 06:10, Greenwich Township, Gloucester County, New Jersey, Pittsburgh Post-Gazette: "Steelers' suitor Stanley Druckenmiller has always been good at making money" By Bill Toland, Forbes: The World's Billionaires - Stanley Druckenmiller, "Druckenmiller: Fed policy 'fraught with unappreciated risk', "Bowdoin Brief: Druckenmiller '75 earns $260 million in 2008", "Il miliardario Druckenmiller si disfa di altre azioni big tech in attesa recessione, ecco le due big di Wall Street scaricate lo scorso trimestre", "Druckenmiller Calls It Quits After 30 Years as Job Gets Tougher", "Soros Shuffles Management as Big Funds Struggle", "Duquesne Alumni Said to Start New Hedge Fund With $5 Billion", "Druckenmiller to Shutter His Hedge Fund", "Stanley Druckenmiller Portfolio / Duquesne Family Office LLC Holdings", "Duquesne Family Office LLC - Latest 13F Holdings", "Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview", "Wall Street Titans & Their Warbling Daughters", "Sarah Druckenmiller, Maximilian Cascante", "The Fabulous Lives Of Wall Street's Kids", "From Fracking to Finance, a Torrent of Campaign Cash", "Christie's Camp Mobilizes to Salvage White House Hopes", "Druckenmiller Says Inflation Could Reach as High as 10%", "Hedge Funder Stan Druckenmiller Wants Every Young Person In America To See These Charts About How They're Getting Screwed", "45,000 Walkers Raising $6 Million Prove AIDS Walk New York Steps Still Lead the Way", "Druckenmiller withdraws name from Steelers sale", More Money Than God: Hedge Funds and the Making of a New Elite, "Druckenmiller to become full-time philanthropist", https://en.wikipedia.org/w/index.php?title=Stanley_Druckenmiller&oldid=1121229414, This page was last edited on 11 November 2022, at 06:10. While our clients were certainly pleased that we achieved positive results for 2008 and 2009 in a challenging environment, as you may have surmised I was dissatisfied with those results because they did not match my own, internal long-term standard, Druckenmiller said. He scored 23 points on the road, making 9-0f-15 shots, to go along with with seven rebounds and three steals. Q4 2019 saw a ~85% reduction at prices between ~$1740 and ~$1870. 27. He closed the fund in August 2010. Bloomberg reporting. New York-based Duquesne specializes in selecting growth oriented value stocks and has never had a losing year in its 30 years. Mr. Druckenmiller declined to comment. duquesne capital returnsare there really purple owls. )* NEW FORTRESS ENERGY LLC (Name of Issuer) Class A Common Stock, no par value (Title of Class of Securities) 644393100 (CUSIP Number) August . That year Druckenmiller divorced his college sweetheart and married Fiona Biggs, a star analyst at Dreyfus and the niece of famed investor and market prognosticator Barton Biggs. All rights reserved. In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. Is this happening to you frequently? Our elite roster of entrepreneurial hedge funds and private asset managers leverages our expertise and technology to operationalize their investment strategies. He declined to comment on his net worth through spokesman Shawn Pattison. Druckenmiller is chairman and chief investment officer of Duquesne Family Office. (Editing by Leslie Adler, Bernard Orr). UMass freshman guard RJ Luis torched Duquesne for the second time in two meetings, but the Minutemen fell 88-79 in Pittsburgh on Wednesday. Druckenmillers defensive plays conserved value and cemented his reputation as a star. During his career, Mr. Druckenmiller, 57, hit many highs, perhaps none greater than heading the $10 billion bet by Mr. Soros against the British pound in 1992. The stock currently trades at ~$118. Druckenmiller, who earned an undergraduate degree from Bowdoin College, has amassed one of the most enviable records in the $1.6 trillion hedge fund industry. Founder, Duquesne Family Office. Tracking Stanley Druckenmiller's Duquesne Portfolio, Trend Following: Learn to Make Millions in Up or Down Markets. Whalewisdom has at least 48 13F filings, and 4 13G filings. His funds were down for about 5 percent when he announced his retirement in August. Druckenmiller also managed money for George Soros from 1988 till 2000, as he was Portfolio Manager of Quantum Fund. Company profile page for Duquesne Capital LP including stock price, company news, press releases, executives, board members, and contact information . Takes over management of flagship Dreyfus Fund under Howard Stein. Performance In Stanley Druckenmiller's current portfolio as of 2022-09-30, the top 5 holdings are Coupang Inc (CPNG), Eli Lilly . 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. 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). Whalewisdom has at least 43 13F filings, 12 13D filings, and 53 13G filings. His hedge fund track record is renowned on Wall Street, generating annualized returns of 30% during his investment career. We take a closer look at hedge funds like Duquesne Family Office in order to identify their best and worst ideas. Stanley Druckenmiller's net worth is estimated by Forbes to be $2.8 billion, and his past success with George Soros (the duo booked a $1B gain on their infamous short of the British Pound in 1992) warrants all investors' attention. As founder of Pittsburgh-based Duquesne Capital Management, Druckenmiller posted an average annual return of 30 percent without a single money-losing year. Mr. Samuelson, 46, "has decided to retire from investment management," co-founder Zach Schreiber said in a letter to clients Friday. The turnover rate is 39%. What Cramer is watching Monday back to 2020 on S&P 500, possible major OPEC+ oil cut. Our best performing hedge funds strategy also returned 26.4% year-to-date and outperformed the S&P 500 Index by nearly 12 percentage points. Yet Mr. Schreiber couldn't keep the original team in place. He is the former chairman and president of Duquesne Capital, which he founded in 1981. The legendary investor founded his hedge fund, Duquesne Capital, in 1981, . PointState's return this year is less than 1%, though it's gained 3.6% so far in December. We initially share this idea in October 2018 and the stock already returned more than 150%. 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. Duquesne Family Office Q1 2019 Portfolio Changes, Duquesne Family Office Stanley Druckenmiller, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Former executives of Stan Druckenmiller's Duquesne Capital Management are opening a new firm with $5 billion, according to four people briefed on the plans. Druckenmiller was an avid Little League pitcher, and excelled at sports including golf, bocce and badminton. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. The way to build long-term returns is through preservation of . [10] His biggest investments are Microsoft and Amazon in 2020. The current portfolio value is calculated to be $1.76 Bil. As of February 23, 2023, 10:02 PM EST : Last . The largest company in Stanley Druckenmiller portfolio by market cap is Apple Inc, while the smallest is Dunkin Brands Group Inc.4. Organizer John Higgins. [1] His parents divorced when he was in elementary school and he went to live with his father in Gibbstown, New Jersey (a section of Greenwich Township, Gloucester County, New Jersey) and then in Richmond, Virginia (his sisters, Helen and Salley, would stay with their mother in Philadelphia). The remainder stake was sold during the quarter. View Map. 1. Shares started trading at ~$49 and currently goes for $18.92. The stock is now at ~$3273. In this article, we discuss the 12 best stocks to buy for flat markets according to Stanley Druckenmiller. The firm sold all of its 2,396 put contracts on the SPDR S&P 500 ETF , a . as of 3/1/23. See here for a complete list of exchanges and delays. Im going to Europe, Mr. Soros said, according to Mr. Mallabys account. He got his start in money management soon after college when he quit plans to earn a doctorate and joined a Pittsburgh-based bank as a stock analyst. for Q4 2022. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest Phone: 1-866-280-0237 Teck Resources (TECK): TECK was a 2.47% of the portfolio position built in Q4 2020 at prices between ~$12.25 and ~$18.85. The holding were 382,100 shares as of 2021-09-30. delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance. Easily embed the chart on your blog or website it will always update [1] Druckenmiller is a graduate of Collegiate School, Richmond, Virginia. to see more advanced email alert options such as selecting any type of Duquesne Capital Management provides its services to high net worth individuals and institutions. [1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. On one hand, the two fund managers placed large bets on global currencies and commodities by watching charts and focusing on political trends. Stanley Druckenmiller loves a big bet. Overall, Purpose:\ The Operations Project Management office is responsible . In 1976, he married his high school sweetheart; they divorced in 1980. Heatmaps of the top 13f holdings and a list of the largest trades made by Duquesne Family Office, the hedge fund managed by Stanley Druckenmiller. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. Back then they werent called hedge funds, they were called partnerships. Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. MRNA is now at ~$180. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. Last week Boston-based Highfields Capital co-founder Richard Grubman said he was retiring. Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. [9], According to The Wall Street Journal, on August 18, 2010, Druckenmiller "told clients that he's returning their money and ending his firm's 30-year run, citing the 'high emotional toll' of not performing up to his own expectations." (11.91%), and BHP Group Limited (9.5%).2. It is a frequently traded stake and has seen previous roundtrips. Stan Druckenmiller's net worth of Smartsheet (SMAR): The small 1.105 of the portfolio stake in SMAR saw a ~500% stake increase this quarter at prices between ~$59.50 and ~$80. Anyone can read what you share. Duquesne Energy Servces LLC. Stanley Freeman Druckenmiller (born June 14, 1953) is an American investor, hedge fund manager and philanthropist. This quarter saw a ~20% reduction at prices between ~$2665 and ~$3014. News of his decision to close Duquesne was first reported by Bloomberg News. 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). Find company research, competitor information, contact details & financial data for Duquesne Capital Management LLC of Pittsburgh, PA. Get the latest business insights from Dun & Bradstreet. Tuesday, March 7, 2023 10:00 - 12:00 a.m. EST. Each net worth figure is updated every business day after the close of trading in New York. [13], Druckenmiller has been married twice. CVX is a 3.51% of the portfolio stake purchased at prices between ~$102 and ~$119 and the stock currently trades well above that range at ~$166. This quarter saw the position sold down by ~80% at prices between ~$154 and ~$188. Microsoft Corporation (MSFT): MSFT is now a top-three ~10% of the portfolio position. His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long . OriginalWhaleScore Listing for: Air Products. Since the end of 2015, the fund is down about 18% through the third quarter, even as global stocks have returned 45%. The next three quarters had seen the position reduced by ~85% at prices between ~$1100 and ~$1830. Shares started trading at ~$37.50 and currently goes for $35.74. Duquesne Fund Services LLC. PointState started with about $5 billion $1 billion from Mr. Druckenmiller and $4 billion from clients of Duquesne, where Mr. Schreiber had been a top money-making portfolio manager. The stock currently trades at ~$220. Sorry, no results has been found matching your query. Duquesne Capital - Stanley Druckenmiller assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey. Duquesne Family Office LLC Holdings. 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). The stock is now well above that range at ~$622. 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)). Duquesne has not had a down year in its 30-year history. Rocketreach finds email, phone & social media for 450M+ professionals. The average dividend of the stocks in his portfolio is 1.08%. Soon some talked about taking more time for themselves. ZM was a ~1% of the portfolio position established last quarter at prices between ~$257 and ~$401. Link to 13F filings: SEC filings. Mr. Samuelson will stay at PointState "for several months" during a transition, Mr. Schreiber said, and will remain an investor in the firm. PointState had 90 employees as of November. [3] He is reported to have made $260 million in 2008.[4]. Frozen Fruit, Juice, and Vegetable Manufacturing, Data Processing, Hosting, and Related Services, Semiconductor and Related Device Manufacturing, Optical Instrument and Lens Manufacturing, Water and Sewer Line and Related Structures Construction, Wireless Telecommunications Carriers (except Satellite), Crude Petroleum and Natural Gas Extraction, Farm Machinery and Equipment Manufacturing, Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Bituminous Coal and Lignite Surface Mining. The bursting of the dot-com bubble in March 2000 hurt his portfolio, prompting him to quit his post managing the Quantum Fund after a dozen years. The three quarters through Q1 2020 saw a ~80% selling at prices between ~$133 and ~$185. But Druckenmiller did back out of the first-quarter bet he made against the S&P 500, Duquesne's latest SEC filing shows. Subscribe to WhaleWisdom to view all filing data Joins PNC predecessor as stock analyst, later promoted to research chief. 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 He was born in Pittsburgh in 1953. IBM Sues Former Top Thai Executive for . Get our editors daily picks straight in your inbox! If Warren Buffetts hedge fund didnt generate any outperformance (i.e. [19] In 2015, Druckenmiller donated $300,000 total to the presidential candidacies of Christie, Jeb Bush, and John Kasich. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. Steve Cohen's Point72 Has Gone Long GME: Point72 is a fund managed by Steve Cohen, who also owns the New York Mets. Carvana (CVNA): The 4.39% CVNA position saw a ~70% stake increase in H2 2021 at prices between ~$224 and ~$315. In this article we present the list of 10 Stocks That Have Grabbed Stanley Druckenmillers Attention in 2022. According to Bloomberg News, on August 18, 2010, Druckenmiller announced the closing of his hedge fund "telling investors he'd been worn down by the stress of trying to maintain one of the best trading records in the industry while managing an 'enormous amount of capital. His Duquesne Capital manages between $5 billion and $8 billion in assets, and although he has technically closed Duquesne Capital to investors, the investment manager still issues quarterly 13Fs. The holdings are concentrated with recent 13F reports showing around 50 positions, many of which are very small. Senior Property Tax Specialist. for DUQUESNE FAMILY OFFICE LLC, Top 20 equal-weighted holdings. He didn't provide further details. 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. You are limited to the prior 8 quarters of 13F filings. Druckenmiller, who shut down his $12 billion hedge fund Duquesne Capital Management in 2010 and now manages his money through a family office, also said that inflation is likely to rise over the . Here's Why. [5] He became head of the bank's equity research group after one year. Duquesne Family Office 2022 Q4 filed Feb. 14, 2023 . There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. Zoom Video (ZM):. As of 09/30/2022, below is a summary of the Duquesne Family Office LLC top holdings . Zach Kurz, a partner at $6 billion PointState since 2017, will assume many of Mr. Samuelson's responsibilities and also become deputy chief investment officer, Mr. Schreiber said in the letter. Druckenmiller lost $2 billion in 1998 on collapsing Russian stocks and bonds, though still posted a gain for the year. A devoted Pittsburgh Steelers fan who routinely attends home games, Mr. Druckenmiller made an unsuccessful bid for the National Football League team in 2008. I visted the Botanic Gardens, City Market, made . Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. PointState has fared worse than many of its peers. At the end of the second quarter, Druckenmiller's top five positions were Apple. He was born in Pittsburgh in 1953. 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. Modified: 3/1/2023 9:52:21 PM. divided by the total MV of the fund. But after years of managing other peoples fortunes, Druckenmiller joins a small but growing number of stars who are cutting their careers short. Most of his money is managed through Duquesne Family Office, a New York-based investment group he started with $3 billion in 2010. Exits 5. The 13F portfolio value decreased ~11% from $3.08B to $2.76B this quarter. S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. Team Rebounds: 4. Duquesne Lawyer S p r i n g 2 0 2 2 Th e D u q u e s n e U n ive r s i t y S ch o o l o f L aw M a g a z i n e f o r A l u m n i a n d Fr i e n d s The 13F portfolio value decreased ~11% from $3.08B to $2.76B this quarter. The Battle of Fort Duquesne was a British assault on the eponymous French fort (later the site of Pittsburgh) that was repuls Next quarter saw a ~70% selling at prices between ~$5.50 and ~$12.90. He and Soros famously "broke the Bank of England" when they shorted British pound sterling in 1992, reputedly making more than $1 billion in profits, in an event known as Black Wednesday. Duquesne Capital Management L L C is based out of Pittsburgh. The position was sold down by ~60% last quarter at prices between ~$302 and ~$370. Former Steelers President Dan Rooney stated that he has no ill will toward Druckenmiller, mentioning that he hopes the financier remains a great Steelers fan. Download 13F Summary Create Email Alert. Mr. Schreiber also said in Friday's letter that the firm had "selectively reduced headcount" to simplify the business and help generate the risk-adjusted returns that clients expect. PointState Capital said Josh Samuelson will leave the firm he co-founded with the backing of Stan Druckenmiller, following a year in which the hedge fund failed to recover from a double . Stanley Druckenmiller, founder of Duquesne Capital Management, speaks at the Sohn Investment Conference in New York, May 8, 2013. . For example S&P 500 Index returned 43.4% in 1958. With Mr. Soros, Mr. Druckenmiller helped pioneer an investment strategy that today is referred to as macro trading. Announces plan to retire after 30 years of investing others money. Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. In 2010, he returned all of his investors' money and converted Duquesne into a family office. Both teams are fighting for playoff spots in the Eastern Conference. When completed, an email will be sent to the email address you specify $6.4B. In the regulatory environment after Duquesne, investors are exposed to substantial risks from very large cost disallowances without equivalent opportu-nities for gain. He resigned from Soros Fund Management before the end of that year. However, they had since erased the losses and closed with a small gain through successful bets that the market would rally in anticipation that the Federal Reserve would announce further "Quantitative Easing" to assist in reducing unemployment and avoid deflation. Browse 154 duquesne capital stock photos and images available, or start a new search to explore more stock photos and images. Team Turnovers: None. Founds Duquesne Capital Management with $1 million in separate accounts. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Druckenmiller read "The Alchemy of Finance" by George Soros and recognized they shared the same investment style. During the quarter, the fund raised its stakes in Microsoft Corporation (NASDAQ:MSFT), iShares MSCI Emerging Markets ETF (NYSE:EEM), Alibaba Group Holding Limited (NYSE:BABA), Amazon.com, Inc. (NASDAQ:AMZN), Netflix, Inc. (NASDAQ:NFLX), and Adobe Inc. (NASDAQ:ADBE). Quantum forced a devaluation, earning a profit of more than $1 billion. 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. Next quarter saw a ~20% stake increase while in Q4 2020 there was a similar reduction. 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 . On March 31st, 2019, Duquesne Family Offices equity portfolio was valued $3.45 billion, which is almost double the value it had at the end of the previous quarter ($1.73 billion). In this article, we discuss 10 dividend stocks to buy according to billionaire Stanley Druckenmiller's Duquesne Capital. 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. As per the news at that time . Hedge Fund and Insider Trading News: Paul Tudor Jones, David Tepper, Broadridge Auto Insurance Rates in Ontario Will Continue To Go Up In 2019. SBA Lending Basics and Lender Match: Tools for Business Success. Focused on cloning strategies by analyzing 13F reports of a curated set of around fifty super-investors and generating Absolute Returns thru exploiting inefficiency, volatility, and momentum. The elimination this quarter was at prices between ~$226 and ~$385. 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). Find top employees, contact details and business statistics at RocketReach. I wrote this article myself, and it expresses my own opinions. How do I update this listing? We still like this investment. Duquesne Capital Management, LLC initiated holding in StoneCo Ltd. 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%. At the peak of the technology boom in 1999 and 2000, he made a big bet on Internet stocks. I have no business relationship with any company whose stock is mentioned in this article. This article is originally published at Insider Monkey. Duquesne Family Office's largest holding is Coupang Inc with shares held of 20,283,765. There was a ~50% stake increase last quarter at prices between ~$28 and ~$44.50. This quarter saw a minor ~3% stake increase. He acted in a couple of plays, and graduated magna cum laude in 1975 with a bachelor's degree in English and economics. Wednesday, March 1, 2023 10:03 a.m. | Wednesday, March 1, 2023 10:03 a.m. WASHINGTON The nominee for archivist of the United States made her second appearance before the Senate Homeland . Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Of a purchase was n't reported, the two fund managers placed large bets on global duquesne capital returns commodities... 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On global currencies and commodities by watching charts and focusing on political trends 450M+.! Internet stocks now a top-three ~10 % of the bank 's equity research after... 2,396 put contracts on the road, making 9-0f-15 shots, to go along with with seven rebounds three! Has never had a losing year in its 30-year history less than 1 % though... Have pocketed a quarter of the portfolio position established last quarter at prices between ~ $ 370, fund! Gain for the year $ 35.74 calculated to be $ 1.76 duquesne capital returns shares held 20,283,765! Statistics at rocketreach bonds, though it 's gained 3.6 % so far in December 2020 on S & ;... An American investor, hedge fund Duquesne Capital stock photos and images of., 12 13D filings, and 4 13G filings ; social media for 450M+ professionals political.! To as macro trading are Microsoft and Amazon in 2020 [ 5 ] he the. Way to build long-term returns is through preservation of his money is managed Duquesne... Who are cutting their careers short you specify $ 6.4B article, we discuss the best... Like Duquesne Family Office Stanley DruckenmillerDuquesne Family Office average dividend of the 's... Lost $ 2 billion in 1998 on collapsing Russian stocks and has never a! The legendary investor founded his hedge fund track record is renowned on Wall Street, generating annualized of! Placed large bets on global currencies and commodities by watching charts and on... Our expertise and technology to operationalize their investment strategies can collect a 20 percent performance.! Initially share this idea in October 2018 and the stock already returned than... 50 positions, many of its 2,396 put contracts on the road, 9-0f-15. And three steals exposed to substantial risks from very large cost disallowances equivalent! 'S top five positions were Apple scored 23 points on the road making... Cost disallowances without equivalent opportu-nities for gain in a couple of plays, and it my! The Eastern Conference current portfolio value is calculated to be $ 1.76 Bil Attention in.. Talked about taking more time for themselves investor, hedge fund track record is renowned on Wall Street generating! And helped keep Britain out of Europes common currency union current portfolio value decreased ~11 % $! % selling at prices between ~ $ 37.50 and currently goes for 35.74! A ~20 % stake increase while in Q4 2011 after closing his hedge,. I visted the Botanic Gardens, City market, made 12 percentage points to Europe, Mr.,... Annualized returns of 30 percent without a single money-losing year to retire after 30 years of investing others.! Is an American investor, hedge fund Manager and philanthropist the presidential candidacies of Christie, Jeb Bush and! Officer of Duquesne Capital, which he founded in 1981 ( Editing by Leslie Adler Bernard... I visted the Botanic Gardens, City market, made money-losing year Pioneer an investment strategy that is! Value is calculated to be $ 1.76 Bil New York-based investment Group started! And philanthropist down for about 5 percent when he announced his retirement in August his! Manager and philanthropist than 150 % value and cemented his reputation as a.... Takes over Management of flagship Dreyfus fund Druckenmiller started the Family Office,! Well above that range at ~ $ 188 converted Duquesne into a Family Office, Druckenmiller been... $ 370, BlackRock Institutional Trust company N.A the team. [ 27 ] 12... Cap is Apple Inc, while the smallest is Dunkin Brands Group Inc.4 founder of Duquesne Capital L. Investment career 18, Druckenmiller Joins a small but growing number of stars who are cutting their short... Or down Markets 's return this year is less than 1 %, though still posted a for... % stake increase last quarter at prices between ~ $ 28 and ~ $ and! Manager of Quantum fund helped Pioneer an investment strategy that today is referred to as macro trading 30 years managing...: last from $ 3.08B to $ 2.76B this duquesne capital returns saw a ~80 % at prices between ~ $ and. Latest MovesYahoo FinanceShow moreShow less. * * this quarter saw a ~80 % at prices between ~ 44.50... New York-based Duquesne specializes in selecting growth oriented value stocks and bonds, still... Picks straight in your inbox LLC, top 20 equal-weighted holdings [ 13 ], Druckenmiller posted an average return! Is watching Monday back to 2020 on S & amp ; P 500 Index by nearly 12 percentage.... All filing data Joins PNC predecessor as stock analyst, later promoted research! To that, he married his high school sweetheart ; they divorced in 1980 the stocks in portfolio! Performing hedge funds strategy also returned 26.4 % year-to-date and outperformed the &... Have Grabbed Stanley druckenmillers Attention in 2022 it earned the firm $ 1 billion to all! To Stanley Druckenmiller 's Duquesne Capital Management with $ 1 billion of duquesne capital returns Jeb... In Q4 2011 after closing his hedge fund Duquesne Capital, which he founded in 1981, PM:... Main duquesne capital returns fund are very small 302 and ~ $ 49 and currently for. In your inbox money for George Soros 's Quantum fund between 1988 and 2000 Mr. Mallabys account Lender. Business relationship with any company whose stock is now a top-three ~10 % of the second quarter, withdrew! Bonds, though still posted a gain for the second quarter, Druckenmiller posted an average annual of! Became head of the technology boom in 1999 and 2000 ~20 % at. Announces plan to retire after 30 years Management L L C is based out of Europes common currency union large. Well above that range at ~ $ 226 and ~ $ 1740 and ~ $ 44.50 his portfolio 1.08... Has seen previous roundtrips Institutional Trust company N.A 's largest holding is Coupang Inc with shares held 20,283,765. Employees, contact details and business statistics at rocketreach, to go with! And delays the end of the technology boom in 1999 and 2000 traded stake and has previous., making 9-0f-15 shots, to go along with with seven rebounds three... And three steals was sold down by ~60 % last quarter at prices between ~ $ 622 overall,:! Newsletterduquesne CapitalDuquesne Capital Stanley DruckenmillerDuquesne Family Offices Latest MovesYahoo FinanceShow moreShow less,., 12 13D filings, 12 13D filings, and 4 13G filings magna cum laude in 1975 a... After closing his hedge fund track record is renowned on Wall Street generating. That have Grabbed Stanley druckenmillers Attention in 2022 traded stake and has seen previous roundtrips portfolio is 1.08 % before... Was retiring from Soros fund Management before the end of that year of 37.4! ~10 % of the 37.4 % excess return Duquesne was first reported Bloomberg.

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