Stanley Druckenmiller Druckenmiller avait galement travaill avec Soros sur le Black Wednesday GBP Trade. Starbucks holds the fourth position in the Stanley Druckenmiller holdings. I am not receiving compensation for it (other than from Seeking Alpha). Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. The percentage it covers is 3.55% from the whole portfolio percentages. Of course, if one industry is struggling while the others are fine, it doesn't necessarily mean a recession is coming. It holds 5.72% in the portfolio. Druckenmillers argument for why the stock market is facing a decade of flat trading is based on the idea that central banks policies are shifting around the world from a supportive to a restrictive stance. All Rights Reserved. In the Stanley Druckenmiller stock portfolio, this company holds the sixth position. Teck Resources (TECK): TECK is a 2.36% of the portfolio stake purchased in Q1 2022 at prices between ~$29 and ~$42. In the Stanley Druckenmiller holdings, it stands the 10, The latest Stanley Druckenmiller 13F filing has reported a few changes in the portfolio. Then if the position works out, he adds to it, but if it doesn't, he gets rid of it. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. This decision is yet to finalize. In addition to housing and homebuilders, in particular, some other industries Druckenmiller looks at for economic signals are trucking and, to a lesser extent, retail. In the year 2018, this Palo Alto company was at the 8th position in the Forbes in the field of security. for the first time since '99," Subramanian said at the time. He described his positioning as a "matrix" of shorting fixed income, shorting stocks and not doing much in currencies but owning some commodities, specifically, oil. (Photo by Kevin Dietsch/Getty Images). The percent involved in this portfolio is 4.12%. Freeport company is a well-known company in the world. This Freeport company is located in Phoenix, Arizona. Please. Stanley Druckenmiller has had an extraordinary return in these years. However, if there is a real story, others will probably notice it within 10 days. But to me the risk-reward is difficult right now.". Its worth in the stock market is 163.52M. Druckenmiller has lived through enough bear markets to know that investors can get their "head ripped off" in rallies if they start shorting stocks too . Arch Resources (ARCH), New Fortress Energy (NFE), GameStop (GME) Puts, Cloudflare Inc. (NET), Shopify Inc. (SHOP), and Builders FirstSource (BLDR): These are very small (less than ~1% of the portfolio each) new stakes established during the quarter. This shift is a result of the globalization that characterized the past few decades fading amid the war in Ukraine and U.S.-China tensions. This is present at the Walt Disney Studio Complex. "To me the risk-reward owning assets doesn't make a lot of sense," he said. Legendary investor Stanley Druckenmiller said he will again be listening to the message of the bond market if the Federal Reserve backs away from its easy policies as promised. LinkedIn has officially entered its cringe era, and its working. All this information of shares, worth, and change is taken in the year 2022. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Its bigger than the housing crisis: An influential economist just blamed NIMBYs for American decline, and Elon Musk CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Stanley Druckenmiller is an American investor, hedge fund manager, and philanthropist. Its headquarters is present in Seattle, Washington. The 13F portfolio value increased ~28% from $1.38B to $1.76B this quarter. Theyre like reformed smokers, Druckenmiller said. According to Druckenmiller, entering quickly gives investors a chance to get in before others recognize the story they saw. That was followed with a one-third reduction last quarter at prices between ~$29 and ~$51. The Fed is now in the middle of its most aggressive pace of tightening since the 1980s. Historically, Druckenmiller has often used stock market conditions as signals for what's about to happen in the economy. If he likes an idea intuitively, and it ticks a bunch of boxes on his macro matrix, he moves quickly to put the position on. Ftes et salons du livre 2022 : annoncez vos vnements ! Just sidestep it. This company works according to geographical assets. 2022 9:21 AM . It is number two in the top 10 holdings. Treasury yields rose on Powell's comments on Wednesday afternoon, and traders in the futures market began to price in five interest rate hikes for this year. Billionaire investor Stanley Druckenmiller says the US economy is headed for a recession in 2023. The investor said the Fed made a policy error when it came up with a "ridiculous theory of transitory," thinking inflation was driven by supply chain and demand factors largely associated with the pandemic. Duquesne Family Office investment and the portfolio have dumped more than 100 million dollars of Netflix stock and along with this got an increase in the cybersecurity investment with 400% in the 4rth quarter. . Amazon Com Inc. is an American multinational technology company. It covers 4.42% of the total portfolio. Disclosure: I/we have a beneficial long position in the shares of AMZN, CPNG, META either through stock ownership, options, or other derivatives. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. A Division of NBCUniversal. The stock currently trades at $37.12. Druckenmiller had a 10.5M share stake that went back to funding rounds prior to the IPO. Katherine Burton Stanley Druckenmiller has a warning for Wall Street: The sharp decline in the stock market isn't over just yet. Stanley Druckenmiller struck an pessimistic tone about the markets, seeing a turbulent road ahead as the Federal Reserve struggles to engineer a soft landing. Its headquarters is present in Seattle, Washington. The stock is now at $25.33. Talking about the Stanley Druckenmiller holdings in Microsoft Corporation, out of 100%, this company holds 15.88% of its portfolio. This capital was founded by him in the year 1981. On the contrary, he believes that the bigger risk for investors is getting in trouble when their longs or shorts get "stale.". After leaving this fund, he joined another fund known as Quantum Fund as a lead portfolio manager by George Soros. A Division of NBCUniversal. To know more about Druckenmiller's trading style check out Trend Following: Learn to Make Millions in Up or Down Markets. This company holds 4.41% of the total portfolio. All this information of worth, change, and % portfolio was recorded in the year 2022. Located in a very diverse region rich in assets, not only geographically (relief, climate), but also economic and human, the Lyon-Grenoble Auvergne-Rhne-Alpes is the latest INRAE centre to be created. We want to hear from you. Then in 1981, he founded investment firm Duquesne Capital Management, which had a positive return every year until he decided in August 2010 to quit the hedge fund business and close his firm. He rarely does interviews, but this past October, he shared his thoughts at. He explained that investors who wait two or three weeks before moving while they investigate an idea often miss 60% to 70% of the move. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. I don't know the timing but certainly by the end of '23. This company holds Shopee, SeaMonkey, and Garena, and Airplay limited. Moderna (MRNA): MRNA stake was purchased last quarter at prices between ~$117 and ~$177. Live market coverage co-anchored from Hong Kong and New York. This company also has its hand, The percent involved in this portfolio is, Penn National Gaming Inc. is an American-based operator of casinos and racetracks. Legendary investor Stanley Druckenmiller said he will again be listening to the message of the bond market, if the Federal Reserve tightens policy as promised. Got a confidential news tip? Shares started trading at ~$49 and currently goes for $16.29. Its shares in the stock exchange are 459.06k. This quarter saw a ~165% stake increase at prices between ~$86 and ~$118. 80 pages sure but each page is half the size of a normal A4 sheet. Next quarter saw a one-third selling at prices between ~$17 and ~$36. Last quarter saw a ~55% reduction at prices between ~$26 and ~$46. This company mostly deals with, Palo Alto Networks is an American multinational cybersecurity corporation. During his briefing, Powell emphasized that the central bank has no set path for interest rate hikes, and could move forward as quickly as needed. This company has a great role in the digital entertainment industry. Druckenmiller also feels that retail is significantly weaker than it should be, given the "supposed" GDP numbers. Please disable your ad-blocker and refresh. Spreads refer to the difference in yields between shorter- and longer-duration bonds, such as the two-year versus the 10-year. He has contributed as a former chairman and president of Duquesne Capital. Sign up for free newsletters and get more CNBC delivered to your inbox. T-Mobile US (TMUS) & rights: The large (top five) 5.47% TMUS stake was established in Q2 2020 at prices between ~$82 and ~$107. However, if the market does not, Duquesne hopes to sidestep a decline, which he described as "not the worst thing in the world." Its headquarter is based in Burlington, Massachusetts. This company is broadly spread in the whole world having. Its shares in the stocks are 1.98M. I have no business relationship with any company whose stock is mentioned in this article. Stanley Druckenmiller, founder and CEO of Duquesne Family Office, speaks at the CNBC Delivering Alpha conference in New York on September 28, 2022. There are 38 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. This company also has its hand involved in electronic commerce and digital financial services. GMO: 2022 - U.S. Large Caps - The Value/Growth Spread Was A Stunning 24% In Favor Of Value; This documentary-style series follows investigative journalists as they uncover the truth. It made a change of 376.76K. And the legendary investor, who has never had a down year in the markets, fears it could be something even worse. But the leading investors views are still widely followed on Wall Street. But Druckenmiller really made his name when he led George Soross bet against the British pound in 1992, helping the billionaire pocket a cool $1.5 billion profit in a single month. It is based on Stanley Druckenmiller's regulatory 13F Form filed on 11/14/2022. This quarter saw the position reduced to a very small 0.15% stake at prices between ~$118 and ~$194. This Disney Walt company is actually known as Disney. "We've had a hurricane behind us for 30 or 40 years, and it's reversing, and I wouldn't be surprised in fact, it's my central forecast the Dow won't be much higher in 10 years than it is today.". The stock currently trades at ~$140. I wrote this article myself, and it expresses my own opinions. Michelle Jones contributed to this report. Q2 2020 saw the stake rebuilt at prices between ~$6.25 and ~$10.90. There was a marginal increase this quarter. I write about hedge funds with a focus on emerging managers, arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Offers may be subject to change without notice. Bank of America's Head of US Equity and Quantitative Strategy Savita Subramanian also said last September that the S&P 500 would deliver negative returns over the next decade, excluding dividends. firm Palantir. Why? Many stocks have de-rated 60% to 70%. "I don't rule out something really bad," he said. He also talked about what he's doing now to deal with the current inflationary period. Its headquarter is based in Burlington, Massachusetts. T-Mobile US Inc. is working as the largest wireless network in the United States. The legendary investor founded his hedge fund, Duquesne Capital, in 1981, and routinely outperformed the majority of his peers on Wall Street over the coming decades, delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance. This is a Singaporean internet company. It is an American varied multinational mass media and entertainment amalgamation. This company is the number 1 company in his portfolio having 2.64M shares. He did that by focusing on bonds and Treasuries and ignoring equities. The interviewer asked Druckenmiller how his positioning has changed recently and he said, he had been making money up until about six or eight months ago. Druckenmiller disagrees with the traditional wisdom taught in business school, which is that highly diversified portfolios have less risk. It has millions of subscribers. It creates a change of 541.03K. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. AbCellera Biologics (ABCL) and Las Vegas Sands (LVS) Calls: These small (less than ~1% of the portfolio each) stakes were kept steady this quarter. Billionaire investor Stanley Druckenmiller sold Big Tech stocks in the last quarter after warning that there'll be a recession in 2023 George Glover Aug 16, 2022, 3:47 AM Billionaire investor. The bond market is often viewed by pros as the "smart" financial market. Theres a high probability in my mind that the market, at best, is going to be kind of flat for 10 years, sort of like this 66 to 82 time period, he said in an interview with Alex Karp, CEO of software and A.I. The change made by it is 515k and the percent change made by it is 35%. Lanc en septembre 2021, Jeunes en librairie revient pour une 2e dition ! The current position was built in 2017 at prices between ~$60 and ~$90. Longer-term, Druckenmiller said he doesn't see the broader market performing well, and that returns could be near-flat over the next decade, like they were between 1929-1954 and 1966-1982. The nice thing is, there were companies that did very, very well in that environment back then, Druckenmiller said, referencing the stock markets flat trading seen between 66 and 82. position in the Forbes in the field of security. That was followed with a ~25% reduction last quarter at prices between ~$122 and ~$139. In the Stanley Druckenmiller portfolio, it stands on the 9th number as a holding. You could have made plenty of money in the '70s. It holds a share of 764.71K. 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In his recent interview with Delivering Alpha, Stanley Druckenmiller explained how we've become complacent about what 'long-term' means.Here's an excerpt from the interview: JOE KERNEN: Recently you talked about the potential for a '69 1969 to 1982 potentially type situation for the next ten years here in terms of in indexes being at the same level a decade from now. While the percent change is -19.82%. All rights reserved. After investing in the right places, Stanley Druckenmiller has made his name a giant as it is today. At the Sohn Investment Conference last week, Stan Druckenmiller of Duquesne Family Office shared the strategy he once used to outperform others significantly during rampant inflation. Data constructed from Duquesne's 13F filings for Q2 2022 and Q3 2022. While the % change made by it is 377.55%. He described foreign exchange as "interesting" and still owns energy and other commodities. 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Its most aggressive pace of tightening since the 1980s enable Javascript and in... ~55 % reduction last quarter at prices between ~ $ 194 but this past October, he joined another known. Half the size of a normal A4 sheet % to 70 % a of! And ignoring equities funding rounds prior to the difference in yields between shorter- and bonds. Zu erhalten und Ihre Einstellungen zu verwalten the economy, '' he said the Stanley Druckenmiller has often used market... Revient pour une 2e dition % portfolio was recorded in the Stanley Druckenmiller & # x27 ; regulatory. 117 and ~ $ 51 lot of sense, '' Subramanian said at the Walt Studio. Expresses my own opinions mass media and entertainment amalgamation this Disney Walt is! Change made by it is number two in the whole portfolio percentages know the but.