Stanley Druckenmiller

I dont really like hedges. If something needs to be hedged, in my opinion, you shouldnt have a position in it.
— Stanley Druckenmiller
- Country
-
United States - Type
- 🚀 Growth Investor
- Company
- Duquesne Family Office LLC Holdings
- Born
Profile
About Stanley Druckenmiller
Stanley Druckenmiller is a renowned American hedge fund manager and financial investor born on June 14, 1953, in Pittsburgh, Pennsylvania. His impressive career and outstanding achievements in the financial world have made him a key figure and one of the most influential investors of his generation.
The turning point in Druckenmillers career came when he joined George Soros Quantum Fund in 1981. There, he quickly became one of the funds key managers and played a key role in implementing the trading strategies that made the Quantum Fund one of the most successful hedge funds of all time. During his time at Soros, Druckenmiller gained a reputation as an extremely talented and risk-averse trader.
In 1992, Druckenmiller gained international notoriety when he was instrumental in betting against the British pound. The Quantum Fund earned billions when the pound was forced out of the European monetary system, an event known as "Black Wednesday."
After his time at Soros, Druckenmiller founded his own hedge fund firm, Duquesne Capital Management, in 1993. Under his leadership, Duquesne achieved impressive returns and became one of the most successful hedge funds on the market. Druckenmiller was known for his ability to identify macroeconomic trends and implement effective trading strategies.
In 2010, Druckenmiller decided to close Duquesne Capital Management and retire from active fund management. Since then, he has focused on philanthropic activities and is also active in various nonprofit organizations.
Stanley Druckenmiller remains a fascinating figure in the financial world, whose impressive career and achievements continue to inspire many investors and professionals. His legacy extends beyond his impressive ability to understand market trends and his willingness to make bold trading decisions.
Top 5 Positions View full portfolio
Company | Shares | Market value | Share price |
---|---|---|---|
Natera, Inc. | 3.4M | $481M | $141 |
Teva Pharmaceutical Industries Limited | 15M | $229M | $15 |
Coupang, Inc. | 9.3M | $204M | $22 |
Woodward, Inc. | 1.1M | $200M | $182 |
Philip Morris International Inc. | 1.1M | $175M | $159 |
Recent Transactions View all
Date | Company | Shares change | Transaction type |
---|---|---|---|
Twilio Inc. | +336K | BUY | |
SpringWorks Therapeutics, Inc. | -244K | SELL | |
Coherent, Inc. | -599K | SELL | |
Ascendis Pharma A/S | -106K | SELL | |
Antero Resources Corporation | -23K | SELL |