Billionaire Stanley Druckenmiller might not be a household name like Warren Buffett, but he’s one of the best investors of all time.
The George Soros protégé ran the Duquesne Capital Management hedge fund for nearly 30 years with an average annual return of 30% and no losing years. That’s a phenomenal track record.
These days, Druckenmiller is retired as a hedge fund manager since he closed his fund in 2010, but he still invests through the Duquesne Family Office, where he’s made some smart buys in recent years, including Nvidia just after ChatGPT launched.
Keep reading to see his top five holdings as of the end of the third quarter.
Druckenmiller piled into Natera (NASDAQ: NTRA), a genetic testing and diagnostic company, in the third quarter, picking up nearly 1.6 million shares of the healthcare stock to bring his total to 3.57 million shares worth $452.8 million.
Coupang (NYSE: CPNG) has been one of Druckenmiller’s top holdings for over a year now. He recently added to his stake in the South Korean e-commerce company, buying 724,952 shares in the third quarter to bring his total to 11.7 million shares, or a $287.1 million stake.
Coherent (NYSE: COHR) is another stock on the list with exposure to AI as the company makes lasers and other fiberoptic equipment components.
Druckenmiller trimmed his stake in the third quarter, selling 611,010 shares, leaving Duquesne with 2.98 million shares worth $264.8 million.
Duquesne’s fourth-largest holding is Woodward (NASDAQ: WWD), a company that makes control systems and components for the aerospace, industrial, and military industries.
Druckenmiller added 103,485 shares of Woodward in the third quarter, bringing the total to 1.06 million, equal to $181.4 million.
Finally, Druckenmiller’s fifth-biggest holding is Seagate Technology (NASDAQ: STX), which specializes in data storage products like hard disk drives and solid-state drives.
Duquesne sold 114,909 shares of Seagate in the third quarter but still finished the quarter with 1.64 million shares. At $179.7 million, that position came in just behind Woodward.
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