Billionaire Stanley Druckenmiller may not be a household name like Warren Buffett, but he is one of the best investors of all time.
The George Soros protégé ran the Duquesne Capital Management hedge fund for almost three decades with an average annual return of 30% and no losing years. That’s a phenomenal track record.
Today, Druckenmiller is retired as a hedge fund manager since closing his fund in 2010, but he still invests through the Duquesne Family Office, where he’s made some smart purchases in recent years, including Nvidia right after ChatGPT launched.
Keep reading to see his top five positions at the end of the third quarter.
Druckenmiller burst in Natera (NASDAQ: NTRA)a genetic testing and diagnostics company, acquired nearly 1.6 million healthcare shares in the third quarter, bringing its total to 3.57 million shares worth $452.8 million.
Coupang (NYSE: CPNG) has been one of Druckenmiller’s top companies for more than a year. He recently increased his stake in the South Korean e-commerce company by purchasing 724,952 shares in the third quarter, bringing his total to 11.7 million shares, or a stake of $287.1 million.
Coherent (NYSE: COHR) is another stock on the list with AI exposure, as the company makes lasers and other fiber optic equipment components.
Druckenmiller reduced 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 company 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 stock in the third quarter, bringing the total to 1.06 million, equal to $181.4 million.
Finally, Druckenmiller’s fifth largest stake Seagate technology (NASDAQ: STX)specializes in data storage products such as hard drives and solid-state drives.
Duquesne sold 114,909 shares of Seagate in the third quarter, but still ended the quarter with 1.64 million shares. At $179.7 million, that position came in just behind Woodward.
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