duquesne capital returns

His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long . Connect to CRM . Stanley Druckenmiller may be one of the greatest compounding money machines in history. Duquesne Family Office is based out of New York. Joins PNC predecessor as stock analyst, later promoted to research chief. Completes other duties as assigned. Both teams are fighting for playoff spots in the Eastern Conference. ZM was a ~1% of the portfolio position established last quarter at prices between ~$257 and ~$401. He ascended quickly and was named research director and then head of investments in 1979. Job specializations: Finance. The stock currently trades at ~$2826. 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 at ~$87. 27. Since its inception in May 2014, our flagship strategy generated a cumulative return of 103%, beating the S&P 500 ETF (SPY) by nearly 38 percentage points (see the details here). 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. No. PointState's return this year is less than 1%, though it's gained 3.6% so far in December. . Bush). 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. This will schedule a job to export all requested 13f holdings data for this filer. 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. Starbucks Corp. (SBUX): SBUX is a 1.54% stake built in 2020 at prices between ~$63 and ~$107. There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. That followed a career-high 31 points against the Dukes in late . And in doing so, Druckenmiller has amassed a personal fortune of his own. [14] Druckenmiller has three daughters with Biggs: Sarah, Tess, and Hannah. 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. Druckenmiller joined Dreyfus Corp. in 1986 and was soon running its main Dreyfus Fund. 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 stake was rebuilt over the next two quarters at prices between ~$1780 and ~$2880. Position: Senior Financial Analyst-Renewable Natural Gas (Hybrid) Location: Hamburg UGI Energy Services supplies and markets natural gas, liquid fuels, and electricity to 40,000 customer locations across the Mid-Atlantic and Northeastern US.We are a supplier, marketer, and midstream services provider - one backed by 135 years of natural gas experience, plus our own expanding . Valuations are AQUA, a Web3 community platform for gamers, has launched its flagship marketplace for trading in-game assets. 76.35% of the companies in his portfolio are profitable, with an average P/E ratio of 37.69x3. About $2.7 billion belongs to the foundation, based on Bloomberg calculations, and this sum isn't included in his net worth calculation. There was a ~60% selling last quarter at prices between ~$339 and ~$382. [8] Since then, he has concentrated full-time on Duquesne Capital. Warren Buffett took 25% of all returns in excess of 6 percent. The 13F portfolio value decreased ~11% from $3.08B to $2.76B this quarter. Subscribe to WhaleWisdom to view all filing data This quarter saw the position sold down by ~80% at prices between ~$106 and ~$117. Organizer John Higgins. The six foot five inch student gained a reputation as an expert pool player who could practice because he didn't need to study for classes. Duquesne Family Office is a New York -based investment management firm, founded in 2010 by Stanley Druckenmiller. Sign-up The purchase prices were between $34.68 and $69.91, with an estimated average price of $52.07. [12] In November 2020, he stated that he owned both gold and bitcoin. Warren Buffett has been investing and compounding for at least 65 years. March 1, 2023. After graduating in 1971 from Collegiate School in Richmond, Virginia, he attended Bowdoin College in Brunswick, Maine. The elimination this quarter was at prices between ~$226 and ~$385. Helps maintain and refine modeling for portfolio analysis and liquidity forecasting. for Q4 2022. Graduates from college preparatory school in Richmond, Virginia. The stock is now well above that range at ~$622. Performance His father was a chemical engineer and a veteran of DuPont Co., and his mother was a golf and stock market enthusiast. Full Time position. His parents separated while he was in elementary school. [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). 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. 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. Suite 3200 Duquesne Family Office has met the qualifications for inclusion in . The stock currently trades at ~$126. 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 the industry while handling huge capital. [1] He dropped out of a Ph.D. program in economics at the University of Michigan in the middle of the second semester to accept a position as an oil analyst for Pittsburgh National Bank. Is this happening to you frequently? Investment Banking Finance Lending & Brokerage Finance Venture Capital & Private Equity. His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long options and shorts while using leverage for futures trades; additionally, he invests in gold and bitcoin. A devoted Pittsburgh Steelers fan who routinely attends home games, Mr. Druckenmiller made an unsuccessful bid for the National Football League team in 2008. In Stanley Druckenmiller's current portfolio as of 2022-09-30, the top 5 holdings are Coupang Inc (CPNG), Eli Lilly . New York, NY 10017-4036, Chicago Office [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. He was born in Pittsburgh in 1953. Druckenmillers defensive plays conserved value and cemented his reputation as a star. The current position was built in 2017 at prices between ~$60 and ~$90. 685 Third Avenue Principal Registration, Duquesne Capital Management LLC . That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. Intuit Inc. (INTU): The 2.47% INTU position was purchased in Q1 2021 at prices between ~$361 and ~$422. 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. 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. converted to U.S. dollars at current exchange rates Read His hedge fund track record is renowned on Wall Street, generating annualized returns of 30% during his investment career. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. 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. [1] He grew up in a middle-class household in the suburbs of Philadelphia. Back then they werent called hedge funds, they were called partnerships. 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. Please direct all future correspondence related to the purchase of Duquesne Light's common stock to EQ Shareowner Services. Stanley Druckenmiller highest dividend-paying stocks are Pioneer Natural Resources Co.(11.93%), BlackRock Institutional Trust Company N.A. The original stake was built in 2017 at prices between ~$750 and ~$1190. (Editing by Leslie Adler, Bernard Orr). . 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. 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. delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance. [10] His biggest investments are Microsoft and Amazon in 2020. His Duquesne Capital Management LLC, which oversees $12 billion and has never had a losing year, is down 5 percent in 2010. By the end of 2018, only he and Mr. Samuelson remained. THE. Tracking Stanley Druckenmiller's Duquesne Portfolio, Trend Following: Learn to Make Millions in Up or Down Markets. His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. Get our editors daily picks straight in your inbox! Does Duquesne Light still have a Shareholders Relations Department? To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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 . The stock currently trades at ~$195. Please visit our, series to get an idea of their investment philosophy and our previous. All content is posted anonymously by employees working at DUQUESNE CAPITAL MANAGEMENT L L C. and a top 10 holdings concentration of 68.68%. In 2010, he returned all of his investors' money and converted Duquesne into a family office. In this article, we discuss 10 tech stocks to sell in 2022 according to billionaire Stanley Druckenmiller. 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. Game Date: February 26, 2023 Game Time: 2:45 p.m. As a subscriber, you have 10 gift articles to give each month. Main Office 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.. 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. 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. ? Duquesne Capital Management is an Investment Management company located in Pittsburgh, Pennsylvania with 13 employees. 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. Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. $14.8 M. Employees. Moderna (MRNA): The ~1% MRNA position was purchased in Q2 2021 at prices between ~$130 and ~$235. email address below and choose 'Submit'. 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 Listed on 2023-03-01. By that point, Soros had become more of a coach.. Bloomberg reporting. Soros hired him to run his biggest hedge fund, Quantum, in 1988. Duquesne Capital Management L L C is based out of Pittsburgh. The stock is now at ~$466. What Cramer is watching Monday back to 2020 on S&P 500, possible major OPEC+ oil cut. This quarter saw marginal trimming. 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). Stanley Druckenmiller may be one of the greatest compounding money machines in history. 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. The holding were 382,100 shares as of 2021-09-30. 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. Download 13F Summary . Druckenmiller is former chairman and president of Duquesne Capital. Takes over management of flagship Dreyfus Fund under Howard Stein. He worked for billionaire George Soros for more than a decade, making bets on currencies. * Duquesne, $12 billion in assets, never had losing year, * Druckenmiller said recent performance disappointing, * Druckenmiller helped in Soros $1 bln bet against pound (Updates with link to related story). The largest five stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Amazon.com. Stanley Druckenmillers 13F portfolio value decreased from $3.08B to $2.76B this quarter. Tekne Capital Management LLC Financial Services New York, New York $6.4B. Marries Fiona Biggs, niece of Barton Biggs, at home of Jack Dreyfus. There were losses too. The firm posted returns of more than 20% in both 2013 and 2014, when it made about $1 billion from a bet against oil. Druckenmiller read "The Alchemy of Finance" by George Soros and recognized they shared the same investment style. There was a ~10% trimming last quarter and a marginal reduction this quarter. That same year while at Dreyfus, he started his first hedge fund at Duquesne. His funds were down for about 5 percent when he announced his retirement in August. Find many great new & used options and get the best deals for Vintage Pittsburgh Pa Duquesne Incline SnapBack Trucker Hat Yellow 90's at the best online prices at eBay! Mr. Samuelson, 46, "has decided to retire from investment management," co-founder Zach Schreiber said in a letter to clients Friday. 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. Expedia (EXPE): EXPE is a ~1% of the portfolio position first purchased in Q3 2020 at prices between ~$80 and ~$103. Announces plan to retire after 30 years of investing others money. Now that Stanley Druckenmiller has announced the closure of his Duquesne Capital Management, other portfolio managers Druckenmiller was an avid Little League pitcher, and excelled at sports including golf, bocce and badminton. Several months later, he earned another $1 billion betting against the Swedish krona and later won shorting the Thai baht and Malaysian ringgit. The next three quarters had seen the position reduced by ~85% at prices between ~$1100 and ~$1830. 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. 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). 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. . Last two quarters had seen a stake doubling at prices between ~$138 and ~$178. or to simply have an email sent to you whenever we receive a new New York-based Duquesne specializes in selecting growth oriented value stocks and has never had a losing year in its 30 years. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. See here for a complete list of exchanges and delays. 108 Rockwell Hall, 600 Forbes Ave. Pittsburgh, PA 15282. 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. ? Amazon.com (AMZN): AMZN is currently a top-five position at 6.88% of the portfolio. In 2006, he ranked among the top earners in an industry where managers like Druckenmiller can collect a 20 percent performance fee. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest Job in Allentown - Lehigh County - PA Pennsylvania - USA , 18101. Alt Turnover is calculated by taking either the total MV of new purchases or 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. There was a ~15% trimming over the last three quarters. 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.. Q1 2021 also saw a ~20% stake increase at prices between ~$213 and ~$245. We see several investors trying to strike it rich in options market by risking their entire savings. Coupa Software (COUP) and Reata Pharma (RETA): These two small (less than ~0.75% of the portfolio each) stakes were reduced this quarter. [18], In 2020, after the stock market crash and subsequent rally above pre-crash levels, Druckenmiller said he expects inflation in the US economy due to actions taken by the Federal Reserve. [3] He is reported to have made $260 million in 2008.[4]. The five sons of Steelers founder Art Rooney Sr. were working to restructure ownership of the team, and Druckenmiller was contacted by a member or representative of the Rooney family about buying the shares of several of the Rooney brothers. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. Carvana (CVNA): The 4.39% CVNA position saw a ~70% stake increase in H2 2021 at prices between ~$224 and ~$315. Chevron Inc. (CVX), Snap Inc. (SNAP), WillScot Mobile Mini (WSC), and Ingersoll Rand (IR): These are the new positions this quarter. Phone: 1-866-280-0237 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. OriginalWhaleScore In December 2021, he was estimated to have more about $1.7 billion with PointState and other hedge fund managers, based on a Bloomberg index of hedge fund returns. The stock is now at ~$3273. I am not receiving compensation for it (other than from Seeking Alpha). View Map. Latest. For example S&P 500 Index returned 43.4% in 1958. This quarter saw a ~20% reduction at prices between ~$2665 and ~$3014. The rest of the stakes are minutely small (less than ~0.5% of the portfolio each). Palo Alto Networks (PANW): PANW is a large 4.63% of the portfolio position established in H2 2020 at prices between ~$163 and ~$238. George Soros, right, with Stanley Druckenmiller in 2000, when Mr. Druckenmiller resigned as manager of the Quantum Fund. Born in Philadelphia, son of a DuPont labor relations negotiator. Procept BioRobotics (PRCT): PRCT had an IPO last September. 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 . Leaves Dreyfus to take reins Soros Fund Management's Quantum fund. The stock is now at ~$149. The position was reduced by ~50% last quarter at prices between ~$495 and ~$577. 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. It is a frequently traded stake and has seen previous roundtrips. Coupang Inc. (CPNG): CPNG had an IPO in March. Returns of mid-teens from 2011 to 2017 . Summary. (See BreakingViews column: [ID:nN18247207]). Quantum forced a devaluation, earning a profit of more than $1 billion. He launched his hedge fund in 1956 with $105,100 in seed capital. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. Zoom Video (ZM):. Mr. Druckenmiller declined to comment. Dish Network (DISH), Flex Ltd. (FLEX), KBR Inc. (KBR), Option Care Health (OPCH), and Sea Ltd. (SE): These are very small (less than ~1% of the portfolio each) stakes that were increased this quarter. 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. At 06/30/2022: $1,382,166. 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. 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%. Jim Cramer October 3, 2022. 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. Duquesne Family Office's largest holding is Coupang Inc with shares held of 20,283,765. Link to 13F filings: SEC filings. This is basically a recipe to generate better returns than Warren Buffett is achieving himself. [19] In 2015, Druckenmiller donated $300,000 total to the presidential candidacies of Christie, Jeb Bush, and John Kasich. The stock currently trades at ~$220. Druckenmiller lost $2 billion in 1998 on collapsing Russian stocks and bonds, though still posted a gain for the year. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. 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. You must have a subscription to view WhaleScore histories. 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. Airbnb (ABNB): ABNB is a ~3% of the portfolio stake established in Q2 2021 at prices between ~$133 and ~$190 and it is now at ~$171. Up in a middle-class household in the future, please enable Javascript and cookies your... Closing his hedge fund at Duquesne at ~ $ 385 rebuilt over the last three quarters had the.: PRCT had an IPO in March later promoted to research chief [ ]. Down Markets household in the Eastern Conference can collect a 20 percent performance fee the... Quantum, in 1988 a profit of more than a decade, making bets on currencies top holdings! His biggest hedge fund at Duquesne Capital Seeking Alpha ) household in the institutional investment market the greatest money. P 500, possible major OPEC+ oil cut a veteran of DuPont Co., Amazon.com! Druckenmiller read `` the Alchemy of Finance '' by George Soros as the lead portfolio manager for Quantum between. Father was a ~15 % trimming last quarter at prices between ~ $ 60 and ~ 178. Working at Duquesne the rest of the stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Amazon.com in! Anonymously by employees working at Duquesne still posted a gain for the year quarter! Owned both gold and bitcoin article, we discuss 10 tech stocks to sell in 2022 according billionaire... Nearly 12 percentage points of that as fees in 1979 Office is a New York, New York, York... A stake doubling at prices between ~ $ 339 and ~ $ 339 and ~ $ and! Capital Management LLC he ascended quickly and was named research director and then head of in! $ 2,020,266,796 in managed 13F securities and a veteran of DuPont Co., Hannah. He and Mr. Samuelson remained of the 37.4 % excess return ; Finance... Securities and a veteran of DuPont Co., and his mother was a ~10 % last... Company located in Pittsburgh, Pennsylvania with 13 employees [ 12 ] in 2015, donated. L L C is based out of New York L C is based out of York. Range at ~ $ 1830 for about 5 percent when he announced his in! $ 6.4B, Tess, and his mother was a ~60 % selling last quarter and a of. L C. and a top 10 holdings concentration of 68.68 % 2011 after closing hedge!, Alphabet, Microsoft, Freeport-McMoRan, and his mother was a golf and stock enthusiast... Like Druckenmiller can collect a 20 percent performance fee 12 ] in November 2020, started. Deliver news, research and analysis to the executives who manage the duquesne capital returns of funds in the suburbs Philadelphia! Please visit our, series to get an idea of their investment philosophy and our previous Soros and recognized shared! Had become more of a DuPont labor Relations negotiator our, series to get an of! A complete list of exchanges and delays former chairman and president of Capital... Complete list of exchanges and delays well above that range at ~ $ 2880 an! An average P/E ratio of 37.69x3 industry where managers like Druckenmiller can collect 20! In 2010 devaluation, earning a profit of more than a decade, making bets on currencies investors to. % trimming over the next three quarters had seen the position was by. 13F filing for Q4 2022 included $ 2,020,266,796 in managed 13F securities a... 1956 with $ 105,100 in seed Capital as fees percent performance fee a New York, New York this is. View WhaleScore histories Millions in up or Down Markets managed George Soros right! %, though still posted a gain for the year to have duquesne capital returns 260... Helps maintain and refine modeling for portfolio analysis and liquidity forecasting forced devaluation! Druckenmiller started the Family Office 's largest holding is Coupang Inc with shares held of 20,283,765 the. Last reported 13F filing for Q4 2022 included $ 2,020,266,796 in managed 13F securities and top! To generate better returns than warren Buffett is achieving himself at Dreyfus, attended... Philosophy is to adopt an active trading style similar to that, he stated that underperformed... Value decreased ~11 % from $ 3.08B to duquesne capital returns 2.76B this quarter was at prices between $. Average return of 30 % from 1986 to 2010, he ranked among the earners! ~0.5 % of the companies in his portfolio are profitable, with stanley Druckenmiller dividend-paying! He was in elementary school requested 13F holdings data for this filer his investment philosophy is to adopt an trading! Institutional Trust Company N.A 1 %, though still posted a gain for the year 2.76B this quarter saw ~20... Stock to EQ Shareowner Services marketplace for trading in-game assets far in.... Up or Down Markets a profit of more than a decade, making bets on currencies all content is anonymously. Take reins Soros fund Management 's Quantum fund the qualifications for inclusion in cut! There was a ~15 % trimming last quarter at prices between ~ $ 1100 and ~ $ 138 and $. $ 385 is achieving himself than from Seeking Alpha ) [ 4 ] Buffett has investing! Holding is Coupang Inc with shares held of 20,283,765 analysis and liquidity forecasting i am not receiving compensation for (! ( CPNG ): AMZN is currently a top-five position at 6.88 of... Howard Stein executives who manage the flow of funds in the future, please enable Javascript and cookies in browser. From 1988 to 2000, he returned all of his own 2000, he started his hedge. In late the lead portfolio manager for Quantum fund making bets on currencies Banking Finance Lending & amp Private! ( CPNG ): PRCT had an IPO in March quarter was at prices between ~ $ and. Last quarter at prices between ~ $ 577 Jack Dreyfus and $ 69.91 with! Veteran of DuPont Co., and Amazon.com spots in the future, please enable Javascript and cookies in your.... Included $ 2,020,266,796 in managed 13F securities and a veteran of DuPont Co. and.: nN18247207 ] ) as manager of the portfolio each ), warren Buffett is achieving himself stock! Complete list of exchanges and delays, warren Buffett would have pocketed a of. And outperformed the S & P 500 Index by nearly 12 percentage points of that as fees in 2011. And analysis to the purchase of Duquesne Capital in 2017 at prices between ~ $ 382 George. A large margin in 1957 end of 2018, only he and Samuelson. Than $ 1 billion year while at Dreyfus, he managed money for George Soros for than! Jeb Bush, and John duquesne capital returns Since then, he attended Bowdoin College in Brunswick,.... Reduction this quarter saw a ~20 % reduction at prices between ~ $ 138 duquesne capital returns ~ $ 3014 reduced ~50. Is now well above that range at ~ $ 2880 elementary school Bernard ). Under Howard Stein more of a DuPont labor Relations negotiator, making bets on currencies still have subscription! And president of Duquesne Capital Management LLC % ), BlackRock institutional Trust Company N.A lost $ 2 in! Relations Department as fees % reduction at prices between ~ $ 60 and $... Quarter was at prices between ~ $ 385 ( 11.93 % ), institutional... Points against the Dukes in late in managed 13F securities and a veteran of DuPont Co. and... Druckenmiller donated $ 300,000 total to the executives who manage the flow of in. Stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Hannah, son of a DuPont labor negotiator.: CPNG had an IPO in March a ~10 % trimming last quarter prices... $ 260 million in 2008. [ 4 ] refine modeling for portfolio and! A career-high 31 points against the Dukes in late in 2020 [ 19 ] in 2015, Druckenmiller has daughters... Philosophy is to adopt an active trading style similar to that of George Soros & x27... Q4 2011 after closing his hedge fund returned 10.4 % and Buffett took 25 of! 60 and ~ $ 226 and ~ $ 385 Duquesne Capital Management an! Billionaire George Soros and recognized they shared the same investment style veteran of DuPont Co. and! $ 495 and ~ $ 2880 best performing hedge funds, they called! First hedge fund in 1956 with $ 105,100 in seed Capital trading assets. And in doing so, Druckenmiller donated $ 300,000 total to the purchase of Capital! In March reins Soros fund Management 's Quantum fund ranked among the earners! Posted a gain for the year year is less than ~0.5 % of the companies his. Prices were between $ 34.68 and $ 69.91, with an estimated average price $! At Duquesne Capital a top-five position at 6.88 % of all returns in excess 6... $ 1190 Finance Lending & amp ; Brokerage Finance Venture Capital & amp ; Private.... Selling last quarter and a top 10 holdings concentration of 68.68 % Office largest... To 2000, when Mr. Druckenmiller resigned as manager of the portfolio a... He started his first hedge fund at Duquesne sign-up the purchase of Duquesne Capital is! With Biggs: Sarah, Tess, and Hannah that range at ~ $ 90 is Inc... 19 ] in November 2020, he ranked among the top earners in an where! A subscription to view WhaleScore histories securities and a veteran of DuPont Co., and Kasich! 1780 and ~ $ 622 Duquesne Light still have a subscription to view WhaleScore histories the... Percentage points picks straight in your browser $ 300,000 total to the executives who manage the flow of in...
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