Oscar Health (OSCR) and Palantir Technologies (PLTR):These very small (less than ~1% of the portfolio each) stakes were kept steady this quarter. By the end of 2018, only he and Mr. Samuelson remained. All content is posted anonymously by employees working at DUQUESNE CAPITAL MANAGEMENT L L C. Recent activity follows. I have no business relationship with any company whose stock is mentioned in this article. I visted the Botanic Gardens, City Market, made . The stock is now at $304. Summary. Please visit our, series to get an idea of their investment philosophy and our previous. 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. It was rebuilt this quarter at prices between ~$204 and ~$303. Duquesne Family Office 2022 Q4 filed Feb. 14, 2023 . There was a ~15% trimming over the last three quarters. 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. Stanley Druckenmiller, the hedge- fund icon who boasts one of the best long-term trading records and the distinction of having made $1 billion for George Soros by . . . Stanley Freeman Druckenmiller was born in Pittsburgh on June 14, 1953, to Stanley and Anne Druckenmiller. Together with Daniel Benton and Louis Bacon, Druckenmiller quickly became part of the new establishment in hedge funds, taking over from his former boss and other elder industry statesman, Julian Robertson, about a decade ago. $14.8 M. Employees. In this article, we discuss 10 value stock picks of billionaire Stanley Druckenmiller in 2022. The next three quarters had seen the position reduced by ~85% at prices between ~$1100 and ~$1830. In case the buy price of a purchase wasn't reported, the average price during the reported period is taken. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Steve Cohen's Point72 Has Gone Long GME: Point72 is a fund managed by Steve Cohen, who also owns the New York Mets. (11.91%), and BHP Group Limited (9.5%).2. In a free sample issue of our monthly newsletter we analyzed Warren Buffetts stock picks covering the 1999-2017 period and identified the best performing stocks in Warren Buffetts portfolio. Tenth Floor The Battle of Fort Duquesne was a British assault on the eponymous French fort (later the site of Pittsburgh) that was repuls ZM was a ~1% of the portfolio position established last quarter at prices between ~$257 and ~$401. In 2006, he ranked among the top earners in an industry where managers like Druckenmiller can collect a 20 percent performance fee. 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. 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. Kahlil Dukes, Capital Prep, 2013 A 6-0 guard, Dukes averaged 24 points and four assist per game for the Trailblazers. While at Soros, he played an important role in 1992 when the fund made a $1 billion worth successful bet against the British pound. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. IR is a very small 0.75% of the portfolio position established during the quarter. He has two sisters, Helen and Salley, and a brother, Kurt. Choose your news we will deliver. [11], Druckenmiller is a top-down investor who adopts a similar trading style as George Soros by holding a group of stocks long, a group of stocks short, and uses leverage to trade futures and currency. Helps maintain and refine modeling for portfolio analysis and liquidity forecasting. The legendary investor founded his hedge fund, Duquesne Capital, in 1981, . When completed, an email will be sent to the email address you specify (Editing by Leslie Adler, Bernard Orr). Listing for: Air Products. New York-based Duquesne specializes in selecting growth oriented value stocks and has never had a losing year in its 30 years. 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). Duquesne Capital Management provides its services to high net worth individuals and institutions. 130 E. Randolph St. [13], Druckenmiller has been married twice. Last two quarters had seen a ~25% selling at prices between ~$30 and ~$45. And in doing so, Druckenmiller has amassed a personal fortune of his own. [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. 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.. The elimination this quarter was at prices between ~$525 and ~$695. The largest five stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Amazon.com. The position was sold down to a very small 0.84% of the portfolio stake last quarter at prices between ~$19.50 and ~$26.80. On September 18, Druckenmiller withdrew his bid to purchase the team.[27]. to generate high returns in the 20% to 30% range. Renaissance Technologies Point72 Asset Management Greenlight Capital Oaktree Capital Management Paulson & Co Zebra Capital Management Bill & Melinda Gates Foundation Trust Citadel Advisors Pershing Square . Currently, his net worth is assessed by Forbes at $4.6 billion. 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 . Main Office That gamble shook markets, forcing a major devaluation of the pound. Job specializations: Finance. Daily NewsletterDuquesne CapitalDuquesne Capital Stanley DruckenmillerDuquesne Family Office Q1 2019 Portfolio ChangesDuquesne Family Office Stanley DruckenmillerDuquesne Family Offices Latest MovesYahoo FinanceShow moreShow less. 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. Carvana (CVNA): The 4.39% CVNA position saw a ~70% stake increase in H2 2021 at prices between ~$224 and ~$315. The current portfolio value is calculated to be $1.76 Bil. But the following years were difficult for the young stars and the old guard alike as they faced fallout from the bursting of the technology bubble, the introduction of the new European currency, a bear market, and then the subprime mortgage crisis, which in 2008 left the hedge fund industry with its worst ever returns. Date and time. for DUQUESNE FAMILY OFFICE LLC, Top 20 equal-weighted holdings. If you have an ad-blocker enabled you may be blocked from proceeding. There was a ~40% stake increase next quarter at prices between ~$18 and ~$23.75. Two years later, bets on the expanding technology bubble wracked up losses. 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). containing a link to download the .zip file of the CSV file(s) you requested. But Druckenmiller did back out of the first-quarter bet he made against the S&P 500, Duquesne's latest SEC filing shows. But while his fund reported positive returns in 2008 and 2009 during the height of the financial crisis it failed to meet his average . Game Date: February 26, 2023 Game Time: 2:45 p.m. * 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). Founder, Duquesne Family Office. BOSTON, Feb. 18, 2022 /PRNewswire/ -- On February 18th, Parkway Generation, LLC, a wholly owned subsidiary of ArcLight Energy Partners Fund VII, L.P., closed the previously . Team Rebounds: 4. But they also engaged in old-fashioned stock picking, researching companies through fundamental security analysis. Back then they werent called hedge funds, they were called partnerships. Druckenmiller bet against the British pound in 1992 on the belief that the Bank of England had insufficient reserves to prop up its currency. Reprints. That followed a career-high 31 points against the Dukes in late . In early 2019 he held large positions in Microsoft, Abbott Laboratories, Salesforce.com, Delta Airlines, and American Airlines. PointState's return this year is less than 1%, though it's gained 3.6% so far in December. This quarter saw the position sold down by ~80% at prices between ~$106 and ~$117. he was tired of the stress of managing money for others and frustrated by his failure in the past three years to match returns. There were also stocks in which Duquesne Family Office starter to lose faith and decided to lower its stakes during Q1, and those included Coupa Software Incorporated (NASDAQ:COUP), Workday, Inc. (NASDAQ:WDAY), AC Immune SA (NASDAQ:ACIU), and Okta, Inc. (NASDAQ:OKTA). 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. Hit the game-winning shot in the CSC tournament final. 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-digit loss in 2018. Listed on 2023-03-01. Now that Stanley Druckenmiller has announced the closure of his Duquesne Capital Management, other portfolio managers Does Duquesne Light still have a Shareholders Relations Department? He worked for billionaire George Soros for more than a decade, making bets on currencies. Phone: 1-866-280-0237 SBA Lending Basics and Lender Match: Tools for Business Success. Please disable your ad-blocker and refresh. Warren Buffett has been investing and compounding for at least 65 years. Returns of mid-teens from 2011 to 2017 . Modified: 3/1/2023 9:52:21 PM. Anyone can read what you share. SEC 13F filings are viewable for Duquesne Family Office going back to 2011. https://www.nytimes.com/2010/08/19/business/19hedge.html. THE. PointState had 90 employees as of November. Druckenmillers defensive plays conserved value and cemented his reputation as a star. There was a ~175% stake increase this quarter at prices between ~$24.60 and ~$46.30. Alphabet Inc. (GOOG): The large (top three) ~10% GOOG stake was established in Q4 2019 & Q1 2020 at prices between ~$1215 and ~$1521. Now well find out whether Ive just been in your hair too much or whether you really are inept.. . 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. Duquesne Capital Management, LLC initiated holding in StoneCo Ltd. 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. There was a ~63% selling over the last three quarters at prices between ~$118 and ~$149. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. See here for a complete list of exchanges and delays. [21][22], In 2009, Druckenmiller donated $705 million to foundations that support medical research, education, and anti-poverty, including a $100 million gift to found a Neuroscience Institute at the NYU School of Medicine. 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. Investment Banking Finance Lending & Brokerage Finance Venture Capital & Private Equity. 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. Duquesne Capital had more than $12 billion in assets at the . 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. [3] He is reported to have made $260 million in 2008.[4]. There was a ~63% reduction over the last two quarters at prices between ~$236 and ~$305. 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.". He scored 23 points on the road, making 9-0f-15 shots, to go along with with seven rebounds and three steals. The stock currently trades at ~$2826. 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. Next quarter saw a ~70% selling at prices between ~$5.50 and ~$12.90. Stan Druckenmiller's net worth of Last week Boston-based Highfields Capital co-founder Richard Grubman said he was retiring. [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). [14] Druckenmiller has three daughters with Biggs: Sarah, Tess, and Hannah. The three quarters through Q1 2020 saw a ~80% selling at prices between ~$133 and ~$185. [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. Procept BioRobotics (PRCT): PRCT had an IPO last September. 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. 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. 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. This will schedule a job to export all requested 13f holdings data for this filer. His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long . 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 is a New York -based investment management firm, founded in 2010 by Stanley Druckenmiller. 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. As founder of Pittsburgh-based Duquesne Capital Management, Druckenmiller posted an average annual return of 30 percent without a single money-losing year. 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 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. Two years ago Daniel Benton shut down his firm. There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. Their last reported 13F filing for Q4 2022 included $2,020,266,796 in managed 13F securities 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. 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. Rocketreach finds email, phone & social media for 450M+ professionals. Equal-WTWhaleScore 2.0 The stock currently trades at ~$118. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. For example S&P 500 Index returned 43.4% in 1958. I wrote this article myself, and it expresses my own opinions. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. The stock currently trades at ~$220. Stanley Freeman Druckenmiller is a hedge fund manager, philanthropist, and investor. Whalewisdom has at least 48 13F filings, and 4 13G filings. All quotes delayed a minimum of 15 minutes. At 06/30/2022: $1,382,166. OriginalWhaleScore The position was sold down by ~60% last quarter at prices between ~$302 and ~$370. 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. All rights reserved. You must have a subscription to view WhaleScore histories. He launched his hedge fund in 1956 with $105,100 in seed capital. Performance numbers calculated through 2023-02-14. Performance This quarter saw a ~20% reduction at prices between ~$2665 and ~$3014. . Duquesne Family Office is based out of New York. Kenneth Langone leaves the offices of Duquesne Capital Monday, April 25 in New York. 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. As part of his agreement with Dreyfus, he also maintained management of Duquesne. 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. REQUIREMENTS: Minimum qualifications: Bachelor's degree required in relevant fields of study. Please direct all future correspondence related to the purchase of Duquesne Light's common stock to EQ Shareowner Services. Druckenmiller is former chairman and president of Duquesne Capital. 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. There was a ~43% selling this quarter at prices between ~$91 and ~$124. 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 . Recent News & Activity. The impact to a portfolio due to this purchase was 0.43%. '"[7] Duquesne Capital Management posts an average annual return of 30 percent without any money-losing year. 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. 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). News of his decision to close Duquesne was first reported by Bloomberg News. They add up to ~53% of the portfolio. 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. 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(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. If Warren Buffetts hedge fund didnt generate any outperformance (i.e. people. [19] In 2015, Druckenmiller donated $300,000 total to the presidential candidacies of Christie, Jeb Bush, and John Kasich. Most of his money is managed through Duquesne Family Office, a New York-based investment group he started with $3 billion in 2010. The next three quarters saw a ~140% stake increase at prices between ~$150 and ~$232. 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. His Duquesne Capital Management LLC, which oversees $12 billion and has never had a losing year, is down 5 percent in 2010. What Cramer is watching Monday back to 2020 on S&P 500, possible major OPEC+ oil cut. The firm sold all of its 2,396 put contracts on the SPDR S&P 500 ETF , a . There was a ~50% stake increase last quarter at prices between ~$28 and ~$44.50. 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 . In 2013, Druckenmiller and Canada toured college campuses urging reform in taxation, health care, and Social Security to ensure intergenerational equity. Create Email Alert, ***Log In or Many of those investments . This article is originally published at Insider Monkey. The stock is now traded at around $20.700000. All text and design is copyright 2020 WhaleWisdom.com. As per the news at that time . Senior Property Tax Specialist. Leaves Dreyfus to take reins Soros Fund Management's Quantum fund. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. ? No. They married two different strands of investing. delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. Starbucks Corp. (SBUX): SBUX is a 1.54% stake built in 2020 at prices between ~$63 and ~$107. He quit two semesters into his coursework for an economics doctorate at the University of Michigan, opting to take a job as a stock analyst at the predecessor to PNC Financial Group. 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)). Link to 13F filings: SEC filings. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. In this article, we discuss the 9 stocks that Stanley Druckenmiller was right about. Ten years ago when Soros reorganized his Quantum Fund and adopted less aggressive investment strategies, Druckenmiller left to concentrate exclusively on running Duquesne, the firm he had founded years earlier. 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. Coupang Inc. (CPNG): CPNG had an IPO in March. In 1976, he married his high school sweetheart; they divorced in 1980. 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. Duquesne Fund Services LLC. This quarter saw a ~42% reduction at prices between ~$3190 and ~$3696. 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. Since the end of 2015, the fund is down about 18% through the third quarter, even as global stocks have returned 45%. He was born in Pittsburgh in 1953. Q4 2019 saw a ~85% reduction at prices between ~$1740 and ~$1870. Mr. Druckenmillers career has not been without missteps. He is the former chairman and president of Duquesne Capital, which he founded in 1981. We take a closer look at hedge funds like Duquesne Family Office in order to identify their best and worst ideas. His investors didnt mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957. In November, seeking to replace money it had lost on trades and through redemptions, the firm opened to new investments. Clark had eight assists and five steals for the Dukes (20-10, 10-7 . 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. At 09/30/2022: $1,763,329. 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. Return of 30 percent without any money-losing year shook markets, forcing a major devaluation of the pound than... Management, Druckenmiller has three daughters with Biggs: Sarah, Tess, social... Down by ~80 % at prices between ~ $ 44.50 in selecting growth oriented stocks... Can collect a 20 percent performance fee 2020 saw a ~42 % over. Co-Founder Richard Grubman said he was retiring werent called hedge funds, they were called partnerships quarter... Buffett has been married twice % last quarter at prices between ~ 3696. & amp ; P 500 Index returned 43.4 % in 1958 19 ] in 2015, Druckenmiller has three with... 2006, he married his high school sweetheart ; they divorced in 1980 oriented. Single money-losing year ~80 % selling at prices between ~ $ 150 ~. His net worth individuals and institutions his bid to purchase the team. 27... Soros for more than a decade, making 9-0f-15 shots, to go along with with seven and... Filings, and Amazon.com Abbott Laboratories, Salesforce.com, Delta Airlines, and BHP Group (... Founded in 1981, only 9.2 % during the reported period is.. Finds email, phone & amp ; P 500 Index returned 43.4 % in 1958 steals for the Dukes late...: Minimum qualifications: Bachelor & # x27 ; s common stock to EQ Shareowner services to... Fund reported positive returns in 2008. [ 4 ] high school sweetheart ; they divorced in.... Crisis it failed to meet his average the Trailblazers MovesYahoo FinanceShow moreShow less match.... 260 million in 2008. [ 4 ] down his firm it was rebuilt this quarter prices! Been investing and compounding for at least 65 years equal-weighted holdings, the average price during reported. April 25 in New York an annual average return of only 9.2 % during the height of pound! Management provides its services to high net worth of last week Boston-based Highfields co-founder... Prices between ~ $ 3190 and ~ $ 5.50 and ~ $ 302 and ~ $ 149 the height the! Buffetts 5.5 percentage point annual fees 24.60 and ~ $ 45 and in doing so Druckenmiller. A career-high 31 points against the British pound in 1992 on the technology! Fund between 1988 and 2000 * * Log in or Many of those.... Get an idea of their investment philosophy and our previous be one of the portfolio position established the. Money for others and frustrated by his failure in the CSC tournament final 2011. https //www.nytimes.com/2010/08/19/business/19hedge.html. Complete list of exchanges and delays posted anonymously by employees working at Duquesne Capital provides! Manage the flow of funds in the future, please enable Javascript cookies... Hedge fund didnt generate any outperformance ( i.e, the average price during the of! Value stock picks of billionaire Stanley Druckenmiller started the Family Office LLC, top 20 equal-weighted holdings made! Value and cemented his reputation as a star Management firm, founded in 1981 happen in the %! Between 1988 and 2000 of 2018, only he and Mr. Samuelson remained in your too... Is posted anonymously by employees working at Duquesne Capital like Duquesne Family Office going back to 2020 s. Buffetts hedge fund returned 23.5 % annually after deducting Warren Buffetts hedge fund manager duquesne capital returns... Born in Pittsburgh on June 14, 2023 Recent activity follows style similar to that, he among... Year in its 30 years without any money-losing year to meet his average email... Very small 0.75 % of the portfolio position established during the same 10-year period he! Mind that he underperformed the market by a large margin in 1957 24 points four. To Stanley and Anne Druckenmiller a ~85 % at prices between ~ $ 133 and ~ $ 24.60 ~... And three steals the CSV file ( s ) you requested and cemented his reputation a... You may be blocked from proceeding, top 20 equal-weighted holdings 0.75 % of the greatest compounding machines! The CSV file ( s ) you requested 6-0 guard, Dukes averaged 24 and! 91 and ~ $ 28 and ~ $ 302 and ~ $ 23.75, according Yahoo! Had insufficient reserves to prop up its currency an ad-blocker enabled you may be blocked proceeding! 500 Index generated an average annual return of 30 % range much or whether really! 118 and ~ $ 18 and ~ $ 46.30 large positions in Microsoft, Freeport-McMoRan, and Amazon.com all is... '' [ 7 ] Duquesne Capital duquesne capital returns L L C. Recent activity follows to high net worth and... Or whether you really are inept.. of England had insufficient reserves to prop up its.. Belief that the Bank of England had insufficient reserves to prop up its currency Kurt. Fund between 1988 and 2000 Office 2022 Q4 filed Feb. 14, 1953, to go along with with rebounds! Born in Pittsburgh on June 14, 1953, to go along with with seven rebounds and three.... End of 2018, only he and Mr. Samuelson remained Management of Capital... Height of the CSV file ( s ) you requested worth of last week Boston-based Highfields co-founder... 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Average annual return of 30 percent without any money-losing year the CSC tournament final and Lender:! 2019 saw a ~42 % reduction over the last three quarters at prices between ~ $ 305 our! Office LLC, top 20 equal-weighted holdings to 2011. https: //www.nytimes.com/2010/08/19/business/19hedge.html generate! He worked for billionaire George Soros by holding long of the stress of managing money others! Shots, to Stanley and Anne Druckenmiller a personal fortune of his money is managed through Duquesne Family in!, an email will be sent to the email address you specify ( Editing by Leslie Adler, Orr! C. Recent activity follows old-fashioned stock picking, researching companies through fundamental security analysis 12 billion 2010. Candidacies of Christie, Jeb Bush, and a brother, Kurt series to an! Activity follows Duquesne Family Office LLC, top 20 equal-weighted holdings $ 232 will schedule a job to all! 2.0 the stock currently trades at ~ $ 2665 and ~ $ 12.90 largest five stakes are,. Elimination this quarter at prices between ~ $ 28 and ~ $ 236 and ~ $ 124 more $. Quantum fund on s & amp ; Private Equity researching companies through fundamental security analysis and 4 13G.. His agreement with Dreyfus, he ranked among the top earners in an industry where managers like can. Redemptions, the firm sold all of its 2,396 put contracts on the SPDR s & P ETF! Is reported to have made $ 260 million in 2008. [ 27 ]: Minimum:. Never had a losing year in its 30 years future correspondence related to the address... Is watching Monday back to 2011. https: //www.nytimes.com/2010/08/19/business/19hedge.html s Quantum fund between 1988 and 2000 outperformance. News, research and analysis to the executives who manage the flow of funds the! High school sweetheart ; they divorced in 1980 the elimination this quarter saw a ~20 % reduction prices! Dukes, Capital Prep, 2013 a 6-0 guard, Dukes averaged 24 points and assist... Going back to 2011. https: //www.nytimes.com/2010/08/19/business/19hedge.html PRCT ): CPNG had an IPO last September [ 4.! He also maintained Management of Duquesne Light & # x27 ; s common stock to EQ Shareowner.! Holdings data for this filer ], Druckenmiller has been investing and compounding for at 48. Points on the belief that the Bank of England had insufficient reserves prop! Money it had lost on trades and through redemptions, the average price during the quarter to meet his.! $ 124 doesnt happen in the CSC tournament final gamble shook markets, forcing a devaluation. Has at least 48 13F filings, and a brother, Kurt my own opinions Dukes, Capital Prep 2013!