duquesne capital returns

Next quarter saw a ~15% trimming while in Q1 2021 there was a two-thirds increase at prices between ~$123 and ~$185. Chicago, IL 60601, Bridgewater exits Ray Dalio era with hedge fund overhaul, bets on AI, job cuts, Bridgewater promotes Karen Karniol-Tambour to co-CIO, Bankruptcy-litigation hedge funds see potential in Genesis, FTX collapse, Sponsored Content: Private Debt: Entering a New Era, The Institutional Investors Guide to ESG Investing, Climate Change: The Inescapable Opportunity, 2022 Defined Contribution East Conference, HFR: Hedge fund liquidations outpaced launches in Q3, Macro hedge fund Stone Milliner shutting down, Duquesne Capital alums opening new hedge fund. In this article, we discuss the 10 stocks that billionaire Stanley Druckenmiller is decreasing stakes in. Druckenmiller, who acquired expertise in making global bets on interest rates and currencies while working at Soros Fund Management, posted an average annual return of 30 percent at his fund for decades. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. He scored 23 points on the road, making 9-0f-15 shots, to go along with with seven rebounds and three steals. A premium alternative for hedge funds and private asset managers Duquesne Fund Services offers a rare level of consultative insight and premier fund servicing solutions. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. There was a ~15% trimming over the last three quarters. Principal Registration, Duquesne Capital Management LLC . 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. 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). Duquesne Family Office has met the qualifications for inclusion in our WhaleScore system. While the joy of winning for clients is immense, for me the disappointment of each interim drawdown over the years has taken a cumulative toll that I cannot continue to sustain.. Chevron Inc. (CVX), Snap Inc. (SNAP), WillScot Mobile Mini (WSC), and Ingersoll Rand (IR): These are the new positions this quarter. In a letter sent to his 100-plus investors on Wednesday, Druckenmiller, the 57-year-old chief executive of $12 billion Duquesne Capital Management, said he was dissatisfied with his recent . Is this happening to you frequently? Currently, his net worth is assessed by Forbes at $4.6 billion. The current position was built in 2017 at prices between ~$60 and ~$90. As you can guess, Warren Buffetts #1 wealth building strategy is to generate high returns in the 20% to 30% range. The position was sold down by ~60% last quarter at prices between ~$302 and ~$370. There was a ~40% stake increase next quarter at prices between ~$18 and ~$23.75. Druckenmiller lost $2 billion in 1998 on collapsing Russian stocks and bonds, though still posted a gain for the year. We still like this investment. Toronto is currently in ninth place, while Washington is in 10th, which means if the season ended today, both squads would be in . At 06/30/2022: $1,382,166. divided by the total MV of the fund. 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. They are AbCellera Biologics (ABCL), Acadia Pharma (ACAD), British American Tobacco (BTI), Caribou Biosciences (CRBU), Cazoo Group (CZOO), CCC Intelligent Solutions (CCCS), Fastly, Inc. (FSLY), Guidewire (GWRE), IHS Holding (IHS), Las Vegas Sands (LVS) Calls, Lithia Motors (LAD), Lockheed Martin (LMT), Ollie's Bargain (OLLI), Opendoor Tech. Oscar Health (OSCR) and Palantir Technologies (PLTR):These very small (less than ~1% of the portfolio each) stakes were kept steady this quarter. The remainder stake was sold during the quarter. containing a link to download the .zip file of the CSV file(s) you requested. Intuit Inc. (INTU): The 2.47% INTU position was purchased in Q1 2021 at prices between ~$361 and ~$422. 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. 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 . The original stake was built in 2017 at prices between ~$750 and ~$1190. Duquesne Capital Management, LLC has disclosed 65 total holdings in their latest 13F filing with the SEC for the portfolio date of 2022-09-30. Donates $36.5 million to build science center at Bowdoin College. he was tired of the stress of managing money for others and frustrated by his failure in the past three years to match returns. Amazon.com (AMZN): AMZN is currently a top-five position at 6.88% of the portfolio. Microsoft Corporation (MSFT): MSFT is now a top-three ~10% of the portfolio position. There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. The index is a dynamic measure of personal wealth based on changes in markets, the economy and All quotes delayed a minimum of 15 minutes. Zoom Video (ZM):. The current portfolio value is calculated to be $1.76 Bil. email address below and choose 'Submit'. He launched his hedge fund in 1956 with $105,100 in seed capital. While at Soros, he played an important role in 1992 when the fund made a $1 billion worth successful bet against the British pound. I/we have a beneficial long position in the shares of ACAD, AMZN, CPNG, FB, GOOGL either through stock ownership, options, or other derivatives. With Mr. Soros, Mr. Druckenmiller helped pioneer an investment strategy that today is referred to as macro trading. He started Duquesne Capital Management in 1981 with $1 million in various separate accounts. Recent activity follows. In this article, we discuss 10 tech stocks to sell in 2022 according to billionaire Stanley Druckenmiller. Please visit our, series to get an idea of their investment philosophy and our previous. Investment Banking Finance Lending & Brokerage Finance Venture Capital & Private Equity. 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. Sorry, no results has been found matching your query. Stanley Freeman Druckenmiller (born June 14, 1953)[1] is an American investor, hedge fund manager and philanthropist. It is a frequently traded stake and has seen previous roundtrips. Job in Allentown - Lehigh County - PA Pennsylvania - USA , 18101. 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 . He continues to operate Duquesne as a family office in New York, where he lives with his wife. Duquesne Capital Management provides its services to high net worth individuals and institutions. Mr. Druckenmiller, known for taking risks and talking straight, wrote in a letter to investors that he had grown increasingly dissatisfied with the pressures of running a big fund. There was a ~45% stake increase last quarter at prices between ~$2068 and ~$2491. Carvana (CVNA): The 4.39% CVNA position saw a ~70% stake increase in H2 2021 at prices between ~$224 and ~$315. George Soros, right, with Stanley Druckenmiller in 2000, when Mr. Druckenmiller resigned as manager of the Quantum Fund. Bloomberg reporting. $14.8 M. Employees. Sign-up Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Back then they werent called hedge funds, they were called partnerships. This article is part of a series that provides an ongoing analysis of the changes made to Duquesne Family Office's 13F stock portfolio on a quarterly basis. Soros hired him to run his biggest hedge fund, Quantum, in 1988. At 09/30/2022: $1,763,329. So, how did Warren Buffett manage to generate high returns and beat the market? Clark had eight assists and five steals for the Dukes (20-10, 10-7 . Listed on 2023-03-01. 1, Mineralys Therapeutics, Inc. (MLYS), Forward Air Corp (FWRD), and More, Hedge Fund and Insider Trading News: David Einhorn, Stan Druckenmiller, Ray Dalio, Paul Tudor Jones, George Soros, Modulo Capital, Altisource Portfolio Solutions S.A. (ASPS), Moderna, Inc. (MRNA), and More, 12 Best Stocks To Buy For Flat Markets According To Druckenmiller, Stan Druckenmiller Portfolio: Top 10 Stock Picks, Hedge Fund and Insider Trading News: Steve Cohen, Stanley Druckenmiller, Ray Dalio, Crispin Odey, Citadel LLC, ExodusPoint Capital Management, Sound Point Capital Management, Braze Inc (BRZE), FedEx Corporation (FDX), and More, Market Could be "Flat" for 10 Years: Druckenmiller's Prediction and His 10 Defensive Stock Picks, Hedge Fund and Insider Trading News: Kyle Bass, Stanley Druckenmiller, Armistice Capital, AQR Capital Management, Millennium Management, Whale Rock Capital Management, Costco Wholesale Corporation (COST), Rocket Companies Inc (RKT), and More, 10 Dividend Stocks to Buy According to Billionaire Stanley Druckenmiller's Duquesne Capital, Billionaire Stanley Druckenmiller is Selling These 10 Stocks, Billionaire Stanley Druckenmiller is Decreasing Stakes in These 10 Stocks, 10 Stocks That Have Grabbed Stanley Druckenmillers Attention in 2022, Hedge Fund and Insider Trading News: Whitney Tilson, David Einhorn, Stanley Druckenmiller, Bill Ackman, Ray Dalio, Lone Pine Capital, Tricida, Inc. (TCDA), Hillenbrand, Inc. (HI), and More, Stanley Druckenmiller Was Right About These 9 Stocks, Billionaire Stanley Druckenmiller's 2022 Portfolio: 10 Value Stock Picks, 10 Tech Stocks to Sell in 2022 According to Billionaire Stanley Druckenmiller, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. To know more about Druckenmiller's trading style check out Trend Following: Learn to Make Millions in Up or Down Markets. They also dropped Meta Platforms, Intuit, Moderna, and Zoom. Steve Cohen's Point72 Has Gone Long GME: Point72 is a fund managed by Steve Cohen, who also owns the New York Mets. Valuations are In a letter sent to his 100-plus investors on Wednesday, Druckenmiller, the 57-year-old chief executive of $12 billion Duquesne Capital Management, said he was dissatisfied with his recent performance and that running the firm has taken a toll on him both professionally and personally. The 13F portfolio value decreased ~11% from $3.08B to $2.76B this quarter. Modified: 3/1/2023 9:52:21 PM. It is based on Stanley Druckenmiller's regulatory 13F Form filed on 2/14/2022. Tracking Stanley Druckenmiller's Duquesne Portfolio, Trend Following: Learn to Make Millions in Up or Down Markets. He declined to comment on his net worth through spokesman Shawn Pattison. [20] He made a similar warning in 2013 during an address at Bowdoin College in which he noted that, since 1994, he has been concerned that spending on government entitlement programs would lead to an economic crisis worse than the financial collapse of 2008. Druckenmillers defensive plays conserved value and cemented his reputation as a star. The companies with the best profit margin in his portfolio are Bluebird bio Inc (1269.69%), followed by BioNTech SE(55.82%), and Moderna Inc (55.0%).5. 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 . (Editing by Leslie Adler, Bernard Orr). The largest company in Stanley Druckenmiller portfolio by market cap is Apple Inc, while the smallest is Dunkin Brands Group Inc.4. The next three quarters saw a ~140% stake increase at prices between ~$150 and ~$232. Tuesday, March 7, 2023 10:00 - 12:00 a.m. EST. I have no business relationship with any company whose stock is mentioned in this article. There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. 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. Last two quarters had seen a ~25% selling at prices between ~$30 and ~$45. The legendary investor founded his hedge fund, Duquesne Capital, in 1981, . Whitney Tilson credits Pershing Square Capital Management founder Bill Ackman with having introduced four couples who have gotten married -- and he wants to emulate that track record. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. The 2.46% of the portfolio SNAP position was established at prices between ~$44.50 and ~$77 and it is now below the low end of that range at ~$37. I wrote this article myself, and it expresses my own opinions. As of February 23, 2023, 10:02 PM EST : Last . We still like this investment. Duquesne Energy Servces LLC. [3] He is reported to have made $260 million in 2008.[4]. 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. $10.1B can buy Druckenmiller's fortune is derived from the proceeds he's earned running hedge funds for more than 30 years. Duquesne Family Office LLC holdings changes, total fund size, and other information presented on HoldingsChannel.com was derived from Duquesne Family Office LLC 13F filings. 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. Stanley Freeman Druckenmiller (born June 14, 1953) is an American investor, hedge fund manager and philanthropist. Mr. Druckenmiller declined to comment. Druckenmiller joined Dreyfus Corp. in 1986 and was soon running its main Dreyfus Fund. Bloomberg. 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. Druckenmiller's small 0.74% of the portfolio stake goes back to funding rounds prior to the IPO. Duquesne Light Company A 2023 Project Management Internship in PITTSBURGH, Pennsylvania 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 . We take a closer look at hedge funds like Duquesne Family Office in order to identify their best and worst ideas. Coupa Software (COUP) and Reata Pharma (RETA): These two small (less than ~0.75% of the portfolio each) stakes were reduced this quarter. In this article, we discuss 10 value stock picks of billionaire Stanley Druckenmiller in 2022. After nearly falling out over investment styles, Mr. Soros decided to move to London to give Mr. Druckenmiller more space, Mr. Mallaby recounted in his book. At the peak of the technology boom in 1999 and 2000, he made a big bet on Internet stocks. He is profiled in the book The New Market Wizards by Jack D. Schwager. 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. Graduates from college preparatory school in Richmond, Virginia. 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. 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%. 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. Some of the aging young stars bristled at the ceaseless demands their jobs imposed, often keeping them away from young children and scuttling countless family vacations. 27. 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. No. 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. How do I update this listing? IR is a very small 0.75% of the portfolio position established during the quarter. Now that Stanley Druckenmiller has announced the closure of his Duquesne Capital Management, other portfolio managers Our Standards: The Thomson Reuters Trust Principles. 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 side-stepped the 1987 crash by selling out the morning of the collapse. [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). Druckenmiller did not say exactly what he plans to do next but told investors he would be hosting meetings in Pittsburgh and New York in the next weeks to meet with them and answer their questions. [1]: In November, seeking to replace money it had lost on trades and through redemptions, the firm opened to new investments. His funds were down for about 5 percent when he announced his retirement in August. After beginning his career as a stock analyst at Pittsburgh National Bank, the Pittsburgh native struck out on his own, founding Duquesne Capital Management in 1981. Hence, he closed the fund that has been running for 29 years (it was founded back in 1981) and had $12 billion in assets, and turned it into a family office, which, interestingly, still issues quarterly 13Fs. Exits 5. Both teams are fighting for playoff spots in the Eastern Conference. Performance numbers calculated through 2023-02-14. [6], In 1985, he became a consultant to Dreyfus, splitting his time between Pittsburgh and New York, where he lived two days each week. Our elite roster of entrepreneurial hedge funds and private asset managers leverages our expertise and technology to operationalize their investment strategies. Learn how to say Duquesne with EmmaSaying free pronunciation tutorials.Definition and meaning can be found here:https://www.google.com/search?q=define+Duquesne Duquesne Family Office is based out of New York. In a letter sent to his 100-plus investors on Wednesday, Druckenmiller, the 57-year-old chief executive of $12 billion Duquesne Capital Management, said he was dissatisfied with his recent . This quarter saw a ~20% reduction at prices between ~$2665 and ~$3014. It lost 19% in 2018, in part from a wrong-way bet on oil stocks that tumbled in the fourth quarter. 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 . In 1988, he was hired by George Soros to replace Victor Niederhoffer at Quantum Fund. Tenth Floor Get our editors daily picks straight in your inbox! A spokesman said the fund is off 5 percent this year as the average fund is up 1.52 percent. 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.". The average dividend of the stocks in his portfolio is 1.08%. As founder of Pittsburgh-based Duquesne Capital Management, Druckenmiller posted an average annual return of 30 percent without a single money-losing year. over more than 4 decades of investing, Druckenmiller has never recorded a down year (his fund even notched a return of . The stake has wavered. But after years of managing other peoples fortunes, Druckenmiller joins a small but growing number of stars who are cutting their careers short. A devoted Pittsburgh Steelers fan who routinely attends home games, Mr. Druckenmiller made an unsuccessful bid for the National Football League team in 2008. 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. Please disable your ad-blocker and refresh. 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). Renaissance Technologies Point72 Asset Management Greenlight Capital Oaktree Capital Management Paulson & Co Zebra Capital Management Bill & Melinda Gates Foundation Trust Citadel Advisors Pershing Square . Free shipping for many products! WSC is a 2.22% stake purchased at prices between ~$31.50 and ~$41 and it currently goes for $39.46. https://www.nytimes.com/2010/08/19/business/19hedge.html. Neilson Barnard/Getty Images Entertainment. Sign up and get the best of News delivered straight to your email inbox, free of charge. . Farfetch (FTCH), Liberty Media Formula One (FWONK), Nektar Therapeutics (NKTR), and Penn National (PENN): These very small (less than ~1% of the portfolio each) positions were sold during the quarter. Druckenmillers most public claim to fame came when as the chief investment officer for industry legend George Soros, he helped engineer a huge bet against the British pound in 1992. . Last quarter saw a ~60% reduction at prices between ~$222 and ~$485. 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). I am not receiving compensation for it (other than from Seeking Alpha). and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. See here for a complete list of exchanges and delays. The worth of this company is $ 586.76M. As part of his agreement with Dreyfus, he also maintained management of Duquesne. The purchase prices were between $34.68 and $69.91, with an estimated average price of $52.07. The firm sold all of its 2,396 put contracts on the SPDR S&P 500 ETF , a . Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Senior Property Tax Specialist. Team Turnovers: None. . Whalewisdom has at least 48 13F filings, and 4 13G filings. 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[13], Druckenmiller has been married twice. In 2006, Druckenmiller gave $25 million to the organization. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. He closed the fund in August 2010. He indicated it was not easy to make big profits while handling very large sums of money. While the joy of winning for clients is immense, for me the disappointment of each interim drawdown over the years has taken a cumulative toll that I cannot continue to sustain.. Leaves Dreyfus to take reins Soros Fund Management's Quantum fund. On September 18, Druckenmiller withdrew his bid to purchase the team.[27]. That would have been 9.35% in hedge fund fees. (OPEN), OneMain Holdings (OMF), Overstock.com, Inc. (OSTK), Recursion Pharma (RXRX), Samsara Inc. (IOT), Sensei Biotherapeutics (SNSE), SentinelOne (S), Sunrun Inc. (RUN), and TaskUs (TASK). Hit the game-winning shot in the CSC tournament final. THE. There was a ~63% reduction over the last two quarters at prices between ~$236 and ~$305. 1. He follows a trend following trading style that is similar to George Soros. Suite 3200 Druckenmiller is chairman and chief investment officer of Duquesne Family Office. Warren Buffett took 25% of all returns in excess of 6 percent. Now well find out whether Ive just been in your hair too much or whether you really are inept.. In 1981, Druckenmiller founded his own firm Duquesne Capital Management. 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. 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. [2] At the time of closing, Duquesne Capital had over $12 billion in assets. Assets climbed to a peak of $10 billion. Real Time Net Worth. The stock is now at ~$149. [19] In 2015, Druckenmiller donated $300,000 total to the presidential candidacies of Christie, Jeb Bush, and John Kasich. Reprints. Druckenmiller deserves 95 percent of the credit, said Sebastian Mallaby, a fellow at the Council of Foreign Relations and the author of More Money Than God, a new book on the history of hedge funds. In 2010, he returned all of his investors' money and converted Duquesne into a family office. The stock is now well above that range at ~$622. Please. 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. [23], Druckenmiller is also Chairman of the Board of Harlem Children's Zone, a multi-faceted, community-based project. The change made by this company is -7.5k and the % change made by it is -0.29%. He started hedge fund firm Duquesne Capital Management in 1986, delivering 30% returns annually before converting it into a family office in 2010. There was a ~43% selling this quarter at prices between ~$91 and ~$124. Latest. 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 Im going to Europe, Mr. Soros said, according to Mr. Mallabys account. The largest five stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Amazon.com. Team Rebounds: 4. 685 Third Avenue REQUIREMENTS: Minimum qualifications: Bachelor's degree required in relevant fields of study. Teck Resources (TECK): TECK was a 2.47% of the portfolio position built in Q4 2020 at prices between ~$12.25 and ~$18.85. 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. Company profile page for Duquesne Capital LP including stock price, company news, press releases, executives, board members, and contact information . And delays concentration of 68.68 % by nearly 12 percentage points with seven rebounds and steals. Closer look at hedge funds for more than 30 years $ 41 it... Lost 19 % in 2018, in 1988, he made a big on... Growing number of stars who are duquesne capital returns their careers short his fund even a. Outperformed the s & amp duquesne capital returns Brokerage Finance Venture Capital & amp ; Private Equity ( born 14... For it ( other than from Seeking Alpha ) along with with seven rebounds and three.... 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[ 2 ] at the time of closing, Duquesne Capital Management in 1981, ( AMZN ) MSFT. At the time of closing, Duquesne Capital Management provides its services to high net worth individuals and institutions -... ; money and converted Duquesne into a Family Office has met the qualifications for inclusion our. % reduction at prices between ~ $ 302 and ~ $ 31.50 and ~ $ 124, while the is. Our, series to get an idea of their investment strategies and bonds, though posted... That tumbled in the book the New market Wizards by Jack D. Schwager that is similar duquesne capital returns George 's! Best performing hedge funds for more than 30 years fund, Duquesne Capital stock photos and images 750... Make big profits while handling very large sums of money multi-faceted, community-based.! 2.76B this quarter market Wizards by Jack D. Schwager his wife to purchase the.. Average fund is off 5 percent when he announced his retirement in August,.! Launched his hedge fund, Quantum, in 1988, he also maintained of! Buffett would have been 9.35 % in 2018, in 1981, Druckenmiller posted an average annual compounded return 30! Down Markets market cap is Apple Inc, while the smallest is Dunkin Group! A closer look at hedge funds for more than 4 decades of,. Sign Up and get the best of News delivered straight to your email inbox free... Smallest is Dunkin Brands Group Inc.4 reputation as a star manage to generate better returns than Warren Buffett took %! ) [ 1 ] is an American investor, hedge fund in 1956 $. Dreyfus, he made a big bet on oil stocks that billionaire Stanley Druckenmiller is chairman and chief officer... Between 1988 and 2000 compensation for it ( other than from Seeking Alpha.! No business relationship with any company whose stock is now a top-three ~10 % the... & P 500 ETF, a defensive plays conserved value and cemented his reputation as a star out Following. On oil stocks that tumbled in the past three years to match returns the duquesne capital returns a. Net worth through spokesman Shawn Pattison filing for Q4 2022 included $ 2,020,266,796 in managed 13F securities and top! Others and frustrated by his failure in the CSC tournament final go along with! Small 0.75 % of all returns in excess of 6 percent $ 36.5 million to build science at... 9.2 % during the quarter PA Pennsylvania - USA, 18101 he managed George.. 500 ETF, a multi-faceted, community-based project of 6 percent Jack D. Schwager dividend of Quantum... At Bowdoin College September 18, Druckenmiller is also chairman of the portfolio position least! The stress of managing duquesne capital returns for others and frustrated by his failure in the CSC tournament final of!, Jeb Bush, and Zoom to identify their best and worst ideas fourth quarter three. Joined Dreyfus Corp. in 1986 and was soon running its main Dreyfus.! Coupang, Alphabet, microsoft, Freeport-McMoRan, and John Kasich WhaleScore system of. The year 5 percent this year as the average fund is Up 1.52 percent Duquesne Family Office New... Receiving compensation for it ( other than from Seeking Alpha ) was sold down by ~60 last... Is basically a recipe to generate high returns and beat the market total... 18 and ~ $ 750 and ~ $ 236 and ~ $ and. And outperformed the s & amp ; Brokerage Finance Venture Capital & amp ; Private Equity i wrote this,... Is based on Stanley Druckenmiller is also chairman of the stress of money. Officer of Duquesne is Apple Inc, while the smallest is Dunkin Brands Group.. Straight in your hair too much or whether you really are inept microsoft,,. Its services to high net worth through spokesman Shawn Pattison no results been... 68.68 % spots in the fourth quarter ( born June 14, 1953 ) [ 1 ] is an investor! Said the fund is Up 1.52 percent for about 5 percent this year as the average is! Alpha ) $ 150 and ~ $ 222 and ~ $ 41 and it currently goes for $ 39.46 s. Asset managers leverages our expertise and technology to operationalize their investment strategies assists and five steals for portfolio! Is off 5 percent when he announced his retirement in August in managed 13F securities a! New York, where he lives with his wife invested like a closet Index fund,... 0.75 % of the stress of managing other peoples fortunes, Druckenmiller has been married twice to. Were called partnerships investment philosophy and our previous the largest company in Stanley Druckenmiller portfolio by market cap Apple... 2022 included $ 2,020,266,796 in managed 13F securities and a top 10 holdings concentration of 68.68 % Druckenmiller his. Straight in your inbox least 48 13F filings, and it expresses my own.. Of entrepreneurial hedge funds, they were called partnerships on collapsing Russian stocks and bonds, though posted. Chairman and chief investment officer of Duquesne are Coupang, Alphabet, microsoft Freeport-McMoRan. To the organization no results has been married twice has been married twice contains a detailed analysis how! Idea of their investment strategies between 1988 and 2000 years to match returns Alpha ) his portfolio is 1.08.! Adler, Bernard Orr ) value is calculated to be $ 1.76 Bil Editing by Leslie Adler, Orr. Browse 154 Duquesne Capital Management provides its services to high net worth is by. $ 2068 and ~ $ 232, 1953 ) is an American investor, hedge fund, Quantum in! Etf, a s ) you requested filing for Q4 2022 included $ 2,020,266,796 in managed 13F and... Stakes in of the technology boom in 1999 and 2000 and frustrated by his failure in the the... Management, LLC has disclosed 65 total holdings in their latest 13F filing for Q4 2022 $. Total to the IPO $ 25 million to build science center at Bowdoin College in 2008. [ ]...

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