Stanley Druckenmiller is frequently recognized for collaborating closely with George Soros to “shake the bank of England” when they bet against the pound and caused its crash in 1992.
Nevertheless, Druckenmiller is a highly successful investor in his own capacity, and his Duquesne Capital Management fund is among the most successful funds in history. It expanded from $1 million in 1981 to $23 billion by the time he shut it down in 2010, producing an average annual growth rate of approximately 30%.
Presently, Druckenmiiller manages a family fund, known as Duquesne Family Office, and you can still monitor his actions through quarterly 13-F filings with the SEC. It might be unexpected to discover that his investment portfolio is significantly focused, with his top four stocks accounting for almost half of his investments.
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1. Microsoft
Microsoft (NASDAQ: MSFT) represented Duquesne’s largest holding as of the conclusion of the fourth quarter, constituting 12.2% of the firm’s portfolio valued at $408.4 million, or 1,086,120 shares.
In the fourth quarter, Duquesne acquired an additional 68,860 shares of Microsoft, reaffirming his strong belief in the technology giant, and the value of that ownership, provided he still holds it, has further increased this year.
Druckenmiller has not provided any insights into his rationale for owning Microsoft, but there are numerous solid arguments to own the stock. Microsoft appears to be an obvious choice for benefiting from the surge in artificial intelligence (AI) due to its alliance with OpenAI, its broad diversification across various business segments, and its prominent position in enterprise software.
2. Coupang
Druckenmiller’s second-largest holding might catch you by surprise. It is Coupang (NYSE: CPNG), the South Korean e-commerce giant that shares similarities with Amazon across several aspects.
The company wrapped up the year with Coupang constituting approximately 11% of the portfolio, equivalent to a $371 million position. Druckenmiller was positive about Coupang in the fourth quarter, purchasing over 2 million shares of the e-commerce company.
Coupang presents an interesting opportunity as it has considerable growth potential while entering new markets and introducing new product categories. The stock also seems reasonably priced given its growth prospects, and Coupang is harnessing AI to automate its warehouses.
3. Nvidia
Druckenmiller initially participated in the AI frenzy by going long on Nvidia (NASDAQ: NVDA) during the fourth…
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