Billionaire Stanley Druckenmiller's Top 5 Stock Investments Revealed
Billionaire Stanley Druckenmiller's Top 5 Stock Investments Revealed
The recent 13F filings have just been released, which provides a quarterly glimpse into the strategic moves of leading investors. A noteworthy figure is Stanley Druckenmiller, who managed Duquesne Capital Management for nearly 3 decades with an exceptional track record, delivering an annual average return of 30%.
Now, Druckenmiller concentrates his investments through the Duquesne Family Office. Nevertheless, you can keep tabs on his moves by examining his quarterly filings. Let's scrutinize his top five investments as of the third quarter concludes.
1. Natera (15.34% of his portfolio)
Druckenmiller's biggest acquisition in the quarter was Natera (NTRA -1.14%), where he considerably increased his stake by purchasing 1.59 million shares in the healthcare diagnostics firm, renowned for its pre-natal diagnostic called Panorama, which checks for fetal abnormalities.
2. Coupang (9.7%)
Coupang (CPNG -2.30%) has been a consistent investment for Druckenmiller since he began buying the stock in 2021. During the third quarter, he expanded his holdings by acquiring 724,952 shares, upping his total ownership to 11.7 million shares, or roughly $287.1 million in the South Korean e-commerce company.
3. Coherent (9%)
Coherent (COHR 1.97%) is recognized for its association with artificial intelligence (AI) through advanced optics products and lasers. Druckenmiller actually liquidated 611,010 shares of Coherent in the quarter due to a robust performance this year, but he still ended up with 2.98 million shares, valued at $264.8 million.
4. Woodward (6.2%)
Duquesne acquired 103,485 shares of Woodward (WWD -0.34%) during the quarter to boost its total share count to 1.06 million, amounting to roughly $181.4 million. Woodward specializes in producing aerospace and industrial components, helping its customers transition to renewable energy.
5. Seagate Technology (6.1%)
Druckenmiller also adjusted his position in Seagate Technology (STX 0.65%), a producer of computer hardware like solid-state drives. By the third quarter's end, Duquesne was left with 1.64 million shares of Seagate, valued at around $179.7 million.
Based on these quarterly filings, it's clear that Druckenmiller is actively investing in diverse sectors. His largest stake, 15.34% of his portfolio, is in Natera, a healthcare diagnostics firm. (money, investing)
In terms of finance, Druckenmiller's strategic moves demonstrate a focus on companies with promising futures, such as Coupang, a South Korean e-commerce company, where he increased his holdings significantly in the third quarter. (finance, investing)