Stanley Druckenmiller Duquesne Family Office
Stanley Druckenmiller is the founder of Duquesne Family Office and one of the most closely watched macro investors of his generation. He first became widely known as lead portfolio manager of the Quantum Fund alongside George Soros, including during the famous 1992 bet against the British pound. After returning outside capital, he has continued to invest with a flexible, top-down approach that blends macroeconomic views with concentrated equity and commodity positions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$58.4M |
| 2 |
RTN
Raytheon Company
RTN
|
+$50.2M |
| 3 |
P
Everpure Inc
P
|
+$27.1M |
| 4 |
Northrop Grumman
NOC
|
+$24.9M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$24.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$161M |
| 2 |
Wells Fargo
WFC
|
+$61M |
| 3 |
HDFC Bank
HDB
|
+$31M |
| 4 |
Workday
WDAY
|
+$30.2M |
| 5 |
JD.com
JD
|
+$28.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 29.72% |
| 2 | Consumer Discretionary | 18.7% |
| 3 | Technology | 9.16% |
| 4 | Industrials | 7.94% |
| 5 | Financials | 4.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
SPDR Gold Trust
GLD
$132B
| $292M | 29.9% |
2,880,000
| – | – |
|
|
2
Meta Platforms (Facebook)
META
$1.5T
| $265M | 27.1% |
2,530,494
-1,562,806
| -38% | -$161M |
|
|
3
Amazon
AMZN
$2.99T
| $128M | 13.14% |
3,800,000
+1,854,000
| +95% | +$58.4M |
|
4
Microsoft
MSFT
$3.66T
| $64.6M | 6.61% |
1,165,000
-224,000
| -16% | -$11.8M |
|
|
RTN
5
DELISTED
Raytheon Company
RTN
| $52M | 5.32% |
+417,800
| New | +$50.2M |
|
6
Trip.com Group
TCOM
$29.5B
| $35.8M | 3.66% |
772,300
-188,900
| -20% | -$8.64M |
|
|
7
HDFC Bank
HDB
$123B
| $30.3M | 3.1% |
1,964,400
-2,050,000
| -51% | -$31M |
|
|
8
Northrop Grumman
NOC
$78.4B
| $25.6M | 2.62% |
+135,600
| New | +$24.9M |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.62T
| $25.5M | 2.61% |
+656,000
| New | +$24.3M |
|
|
P
10
Everpure Inc
P
$27.9B
| $24.9M | 2.55% |
+1,600,000
| New | +$27.1M |
|
11
Synchrony
SYF
$25.7B
| $14.4M | 1.47% |
+473,600
| New | +$14.8M |
|
12
Chipotle Mexican Grill
CMG
$42.8B
| $9.69M | 0.99% |
+1,010,000
| New | +$12.4M |
|
|
SGI
13
Somnigroup International
SGI
$14.7B
| $8.84M | 0.91% |
+502,000
| New | +$9.54M |
|
14
Booking.com
BKNG
$151B
| – | – |
-390,000
| Closed | -$19.3M |
|
15
Carnival Corporation Ltd
CCL
$40.5B
| – | – |
-388,400
| Closed | -$19.3M |
|
16
DuPont de Nemours
DD
$19.3B
| – | – |
-93,113
| Closed | -$10M |
|
17
EOG Resources
EOG
$76.4B
| – | – |
-138,000
| Closed | -$10M |
|
18
Expedia Group
EXPE
$37.5B
| – | – |
-173,100
| Closed | -$20.4M |
|
19
Illumina
ILMN
$30.7B
| – | – |
-160,162
| Closed | -$27.4M |
|
|
20
JD.com
JD
$44.5B
| – | – |
-1,078,400
| Closed | -$28.1M |
|
21
PayPal
PYPL
$50.1B
| – | – |
-565,200
| Closed | -$17.5M |
|
22
Royal Caribbean
RCL
$87.1B
| – | – |
-213,500
| Closed | -$19M |
|
23
Under Armour
UAA
$2.92B
| – | – |
-523,288
| Closed | -$25.1M |
|
|
24
Workday
WDAY
$42.3B
| – | – |
-438,379
| Closed | -$30.2M |
|
|
25
Wells Fargo
WFC
$267B
| – | – |
-1,188,900
| Closed | -$61M |
|
Similar funds
Stanley Druckenmiller's Q4 2015 Portfolio in Review
As of Q4 2015, Stanley Druckenmiller held 26 positions worth $977M, down 17% from $1.18B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Stanley Druckenmiller withdrew a net $288M in Q4 2015, closing 13 positions and reducing 4 holdings. Its most notable exit was Wells Fargo, an estimated $61M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 30% of assets, down from 31% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Stanley Druckenmiller opened a new position in Raytheon Company worth $52M.
- Stanley Druckenmiller's largest Q4 2015 buy was Raytheon Company: 417,800 shares worth $52M.
- Stanley Druckenmiller added most to Amazon in Q4 2015, an estimated $58.4M increase.
- Stanley Druckenmiller's biggest Q4 2015 reduction was Meta Platforms (Facebook), cutting an estimated $161M.
- Stanley Druckenmiller fully exited Wells Fargo in Q4 2015, selling an estimated $61M.
- Stanley Druckenmiller's ten largest holdings make up 97% of its $977M portfolio in Q4 2015.
- Stanley Druckenmiller opened 7 new positions and closed 13 in Q4 2015.
- Stanley Druckenmiller's portfolio value fell 17% quarter-over-quarter to $977M.
Based on Duquesne Family Office's 13F filing for Q4 2015, filed 16 Feb 2016.