We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Duquesne Fund Services LLC. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. By the end of 2018, only he and Mr. Samuelson remained. * Duquesne, $12 billion in assets, never had losing year, * Druckenmiller said recent performance disappointing, * Druckenmiller helped in Soros $1 bln bet against pound (Updates with link to related story). Carvana (CVNA): The 4.39% CVNA position saw a ~70% stake increase in H2 2021 at prices between ~$224 and ~$315. His father was a chemical engineer and a veteran of DuPont Co., and his mother was a golf and stock market enthusiast. Listed on 2023-03-01. Stanley F. Druckenmiller, the hedge fund titan who led George Soross famous bet against the British pound, told clients on Wednesday that he was quitting the business and shutting down his investment firm, Duquesne Capital, after 30 years. What Cramer is watching Monday back to 2020 on S&P 500, possible major OPEC+ oil cut. Warren Buffett took 25% of all returns in excess of 6 percent. 27. His Duquesne Capital manages between $5 billion and $8 billion in assets, and although he has technically closed Duquesne Capital to investors, the investment manager still issues quarterly 13Fs. The stock currently trades at ~$220. Whalewisdom has at least 48 13F filings, and 4 13G filings. SEC form, multiple filers or classes of filers, and much more.***. The Operations Project Management office is responsible for the delivery of major capital projects safely, on time, on budget, and with high quality deliverables while following all related policies, procedures, and practices including those associated . Create Email Alert, ***Log In or Game Date: February 26, 2023 Game Time: 2:45 p.m. He was born in Pittsburgh in 1953. But the following years were difficult for the young stars and the old guard alike as they faced fallout from the bursting of the technology bubble, the introduction of the new European currency, a bear market, and then the subprime mortgage crisis, which in 2008 left the hedge fund industry with its worst ever returns. LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. That would have been 9.35% in hedge fund fees. Kenneth Langone leaves the offices of Duquesne Capital Monday, April 25 in New York. Stan Druckenmillers Duquesne Capital is a family office that primarily manages the billionaire money managers personal fortune, which stands at about $6.8 billion according to Forbes. Together with Daniel Benton and Louis Bacon, Druckenmiller quickly became part of the new establishment in hedge funds, taking over from his former boss and other elder industry statesman, Julian Robertson, about a decade ago. He quit two semesters into his coursework for an economics doctorate at the University of Michigan, opting to take a job as a stock analyst at the predecessor to PNC Financial Group. Bush). Now that Stanley Druckenmiller has announced the closure of his Duquesne Capital Management, other portfolio managers The three quarters through Q1 2020 saw a ~80% selling at prices between ~$133 and ~$185. There was a ~50% stake increase last quarter at prices between ~$28 and ~$44.50. Duquesne Capital Management is an Investment Management company located in Pittsburgh, Pennsylvania with 13 employees. In this article, we discuss Druckenmiller's latest market prediction and his 10 defensive stock picks. IBM Sues Former Top Thai Executive for . Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors. The elimination this quarter was at prices between ~$226 and ~$385. I started my trip around Karnataka by visiting Bangalore/Bengaluru and creating a travel vlog of my journey. SBA Lending Basics and Lender Match: Tools for Business Success. Summary Investments People Signals & News. After nearly falling out over investment styles, Mr. Soros decided to move to London to give Mr. Druckenmiller more space, Mr. Mallaby recounted in his book. Helps maintain and refine modeling for portfolio analysis and liquidity forecasting. The stock currently trades at $51.45. In November, seeking to replace money it had lost on trades and through redemptions, the firm opened to new investments. Mr. Druckenmiller is known as a passionate sportsman, both as a participant and spectator. Main Office UMass freshman guard RJ Luis torched Duquesne for the second time in two meetings, but the Minutemen fell 88-79 in Pittsburgh on Wednesday. Duquesne gained about 10 percent in 2009 when others gained on average 20 percent. They are AbCellera Biologics (ABCL), Acadia Pharma (ACAD), British American Tobacco (BTI), Caribou Biosciences (CRBU), Cazoo Group (CZOO), CCC Intelligent Solutions (CCCS), Fastly, Inc. (FSLY), Guidewire (GWRE), IHS Holding (IHS), Las Vegas Sands (LVS) Calls, Lithia Motors (LAD), Lockheed Martin (LMT), Ollie's Bargain (OLLI), Opendoor Tech. We still like this investment. Last two quarters had seen a stake doubling at prices between ~$138 and ~$178. Duquesne University Small Business Development Center. The remainder stake was sold during the quarter. A spokesman said the fund is off 5 percent this year as the average fund is up 1.52 percent. The stock currently trades at ~$2826. There were losses too. While the joy of winning for clients is immense, for me the disappointment of each interim drawdown over the years has taken a cumulative toll that I cannot continue to sustain.. There was a ~45% stake increase last quarter at prices between ~$2068 and ~$2491. Freeport-McMoRan (FCX): FCX is a large (top five) 7.32% of the portfolio position purchased in Q4 2019 at prices between ~$10 and ~$13.50. He side-stepped the 1987 crash by selling out the morning of the collapse. Their last reported 13F filing for Q4 2022 included $2,020,266,796 in managed 13F securities and a top 10 holdings concentration of 68.68%. . Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. There was a ~60% selling last quarter at prices between ~$339 and ~$382. Quantum forced a devaluation, earning a profit of more than $1 billion. Sign-up The upheavals at PointState mark the end of a year in which several well-known managers have called it quits, and many firms have struggled to make money a theme for much of the past decade. PointState's return this year is less than 1%, though it's gained 3.6% so far in December. Investments 6. Intuit Inc. (INTU): The 2.47% INTU position was purchased in Q1 2021 at prices between ~$361 and ~$422. But while his fund reported positive returns in 2008 and 2009 during the height of the financial crisis it failed to meet his average . Easily embed the chart on your blog or website it will always update George Soros, right, with Stanley Druckenmiller in 2000, when Mr. Druckenmiller resigned as manager of the Quantum Fund. The holdings are concentrated with recent 13F reports showing around 50 positions, many of which are very small. But after years of managing other peoples fortunes, Druckenmiller joins a small but growing number of stars who are cutting their careers short. Hedge Fund and Insider Trading News: George Soros, Steve Cohen, Elliott Management, Brevan Howard Asset Management, Engine No. The six foot five inch student gained a reputation as an expert pool player who could practice because he didn't need to study for classes. Chevron Inc. (CVX), Snap Inc. (SNAP), WillScot Mobile Mini (WSC), and Ingersoll Rand (IR): These are the new positions this quarter. Former executives of Stan Druckenmiller's Duquesne Capital Management are opening a new firm with $5 billion, according to four people briefed on the plans. . The position was reduced by ~50% last quarter at prices between ~$495 and ~$577. His investment philosophy is to adopt an active trading style similar to that of George Soros by holding long . Kahlil Dukes, Capital Prep, 2013 A 6-0 guard, Dukes averaged 24 points and four assist per game for the Trailblazers. Summary. That followed a career-high 31 points against the Dukes in late . Zach Kurz, a partner at $6 billion PointState since 2017, will assume many of Mr. Samuelson's responsibilities and also become deputy chief investment officer, Mr. Schreiber said in the letter. Organizer John Higgins. DUQUESNE CAPITAL MANAGEMENT L L C. Glassdoor gives you an inside look at what it's like to work at DUQUESNE CAPITAL MANAGEMENT L L C, including salaries, reviews, office photos, and more. Founder, Duquesne Family Office. Ten years ago when Soros reorganized his Quantum Fund and adopted less aggressive investment strategies, Druckenmiller left to concentrate exclusively on running Duquesne, the firm he had founded years earlier. Since the end of 2015, the fund is down about 18% through the third quarter, even as global stocks have returned 45%. $14.8 M. Employees. And, the positions the fund completely sold out in the quarter counted those in salesforce.com, inc. (CRM), Gilead Sciences, Inc. (NASDAQ:GILD), Medtronic plc (NYSE:MDT), Delta Air Lines, Inc. (NYSE:DAL), American Airlines Group Inc. (NASDAQ:AAL), and Kohls Corporation (NYSE:KSS). In a letter sent to his 100-plus investors on Wednesday, Druckenmiller, the 57-year-old chief executive of $12 billion Duquesne Capital Management, said he was dissatisfied with his recent performance and that running the firm has taken a toll on him both professionally and personally. The idea for the company emerged from their senior finance capstone coursewhich focused on designing quantitative models to outperform the market. To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Recent News & Activity. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. Druckenmiller joined Dreyfus Corp. in 1986 and was soon running its main Dreyfus Fund. ? Mr. Druckenmillers career has not been without missteps. The current portfolio value is calculated to be $1.76 Bil. containing a link to download the .zip file of the CSV file(s) you requested. The stock currently trades at $40.64. Tekne Capital Management LLC Financial Services New York, New York Stanley Druckenmiller, the hedge- fund icon who boasts one of the best long-term trading records and the distinction of having made $1 billion for George Soros by . Our Standards: The Thomson Reuters Trust Principles. September 28, 2010. [7] He left Soros in 2000 after taking large losses in technology stocks. While equities were the firm's biggest exposure in the first three quarters of this year, losses in other strategies, including corporate debt and currencies, eroded those profits. Dish Network (DISH), Flex Ltd. (FLEX), KBR Inc. (KBR), Option Care Health (OPCH), and Sea Ltd. (SE): These are very small (less than ~1% of the portfolio each) stakes that were increased this quarter. There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. [11], Druckenmiller is a top-down investor who adopts a similar trading style as George Soros by holding a group of stocks long, a group of stocks short, and uses leverage to trade futures and currency. The stock is now traded at around $20.700000. Oscar Health (OSCR) and Palantir Technologies (PLTR):These very small (less than ~1% of the portfolio each) stakes were kept steady this quarter. Team Turnovers: None. Exits 5. Langone is preparing an offer for the New York Stock Exchange,. Senior Property Tax Specialist. Clark had eight assists and five steals for the Dukes (20-10, 10-7 . New York-based Duquesne specializes in selecting growth oriented value stocks and has never had a losing year in its 30 years. Amazon.com (AMZN): AMZN is currently a top-five position at 6.88% of the portfolio. Duquesne Family Office was formed when decided to close the doors of his hedge fund Duquesne Capital to the outside investors in 2010 and to return client money. Q1 2021 also saw a ~14% stake increase. [21][22], In 2009, Druckenmiller donated $705 million to foundations that support medical research, education, and anti-poverty, including a $100 million gift to found a Neuroscience Institute at the NYU School of Medicine. It was rebuilt this quarter at prices between ~$204 and ~$303. ? The stake was rebuilt over the next two quarters at prices between ~$1780 and ~$2880. See here for a complete list of exchanges and delays. While the joy of winning for clients is immense, for me the disappointment of each interim drawdown over the years has taken a cumulative toll that I cannot continue to sustain.. Duquesne Family Office is based out of New York. In this article, we discuss the 10 stocks that billionaire Stanley Druckenmiller is selling. They calculated that the Bank of England did not have enough foreign currency reserves with which to buy enough sterling to prop up the currency and that raising interest rates would be politically unsustainable. Stanley Druckenmiller's net worth is estimated by Forbes to be $2.8 billion, and his past success with George Soros (the duo booked a $1B gain on their infamous short of the British Pound in 1992) warrants all investors' attention. Druckenmiller graduated with a BA in English and Economics from Bowdoin College, and he decided to drop a three-year Ph.D. program in Economics at the University of Michigan in order to take a position of an oil analyst for Pittsburgh National Bank. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. people. There was a ~7% trimming this quarter. Druckenmiller was an avid Little League pitcher, and excelled at sports including golf, bocce and badminton. Druckenmiller is chairman and chief investment officer of Duquesne Family Office. [10] His biggest investments are Microsoft and Amazon in 2020. as of 3/1/23. filed on 2/14/2022. Investors in the share class that can withdraw money on a quarterly basis have until Jan. 31 to say if they want to redeem at the end of March, Mr. Schreiber said in the letter. 19 Aug, 2010, 03.52 . In 2006, he ranked among the top earners in an industry where managers like Druckenmiller can collect a 20 percent performance fee. Stanley Druckenmiller started the family office in Q4 2011 after closing his hedge fund Duquesne Capital in 2010. he was tired of the stress of managing money for others and frustrated by his failure in the past three years to match returns. His Duquesne Capital Management LLC, which oversees $12 billion and has never had a losing year, is down 5 percent in 2010. Position: Senior Financial Analyst-Renewable Natural Gas (Hybrid)<br>Location: Hamburg<br><p>UGI Energy Services supplies and markets natural gas, liquid fuels, and electricity to 40,000 customer locations across the Mid-Atlantic and Northeastern US.</p><p>We are a supplier, marketer, and midstream services provider - one backed by 135 years of natural gas experience, plus our own expanding . [20] He made a similar warning in 2013 during an address at Bowdoin College in which he noted that, since 1994, he has been concerned that spending on government entitlement programs would lead to an economic crisis worse than the financial collapse of 2008. [1] In 1988, Druckenmiller married Fiona Katharine Biggs, a Barnard College graduate and niece of investor Barton Biggs, in an Episcopalian ceremony. Wednesday, March 1, 2023 10:03 a.m. | Wednesday, March 1, 2023 10:03 a.m. WASHINGTON The nominee for archivist of the United States made her second appearance before the Senate Homeland . I am not receiving compensation for it (other than from Seeking Alpha). Company profile page for Duquesne Capital LP including stock price, company news, press releases, executives, board members, and contact information . After graduating in 1971 from Collegiate School in Richmond, Virginia, he attended Bowdoin College in Brunswick, Maine. Harlem Children's Zone was founded by Druckenmiller's college friend and fellow Bowdoin College alumnus Geoffrey Canada. AQUA, a Web3 community platform for gamers, has launched its flagship marketplace for trading in-game assets. Renaissance Technologies Point72 Asset Management Greenlight Capital Oaktree Capital Management Paulson & Co Zebra Capital Management Bill & Melinda Gates Foundation Trust Citadel Advisors Pershing Square . Shares started trading at ~$49 and currently goes for $18.92. He is profiled in the book The New Market Wizards by Jack D. Schwager. Leaves Dreyfus to take reins Soros Fund Management's Quantum fund. Prior to that, he managed George Soros's Quantum Fund between 1988 and 2000. The elimination this quarter was at prices between ~$525 and ~$695. NEW YORK/BOSTON, Aug 18 (Reuters) - Stanley Druckenmiller, the investor best known as a key architect of billionaire investor George Soros famous bet against the British pound, is closing his hedge fund firm after 30 years. Please. Alphabet Inc. (GOOG): The large (top three) ~10% GOOG stake was established in Q4 2019 & Q1 2020 at prices between ~$1215 and ~$1521. As per the news at that time . Duquesne Family Office's largest holding is Coupang Inc with shares held of 20,283,765. This quarter saw the position sold down by ~80% at prices between ~$106 and ~$117. In this article, we discuss the 9 stocks that Stanley Druckenmiller was right about. The largest company in Stanley Druckenmiller portfolio by market cap is Apple Inc, while the smallest is Dunkin Brands Group Inc.4. The average dividend of the stocks in his portfolio is 1.08%. $10.1B can buy Druckenmiller's fortune is derived from the proceeds he's earned running hedge funds for more than 30 years. Some of the aging young stars bristled at the ceaseless demands their jobs imposed, often keeping them away from young children and scuttling countless family vacations. [2] At the time of closing, Duquesne Capital had over $12 billion in assets. Job in Allentown - Lehigh County - PA Pennsylvania - USA , 18101. That same year while at Dreyfus, he started his first hedge fund at Duquesne. The largest five stakes are Coupang, Alphabet, Microsoft, Freeport-McMoRan, and Amazon.com. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. . Druckenmiller began his financial career in 1977 as a management trainee at Pittsburgh National Bank. In this article, we discuss 10 value stock picks of billionaire Stanley Druckenmiller in 2022. In 1981, Druckenmiller founded his own firm Duquesne Capital Management. Most of his money is managed through Duquesne Family Office, a New York-based investment group he started with $3 billion in 2010. As a result of the merger being completed, the Duquesne Light Shareholder Relations Department was closed on Sept. 14, 2007. His hedge fund track record is renowned on Wall Street, generating annualized returns of 30% during his investment career. (See BreakingViews column: [ID:nN18247207]). Former Steelers President Dan Rooney stated that he has no ill will toward Druckenmiller, mentioning that he hopes the financier remains a great Steelers fan. Hedge Fund and Insider Trading News: Paul Tudor Jones, David Tepper, Broadridge Auto Insurance Rates in Ontario Will Continue To Go Up In 2019. Farfetch (FTCH), Liberty Media Formula One (FWONK), Nektar Therapeutics (NKTR), and Penn National (PENN): These very small (less than ~1% of the portfolio each) positions were sold during the quarter. to generate high returns in the 20% to 30% range. Suite 3200 There are 28 securities that are significantly large (more than ~0.5% of the portfolio each) and they are the focus of this article. This article is part of a series that provides an ongoing analysis of the changes made to Duquesne Family Office's 13F stock portfolio on a quarterly basis. Performance numbers calculated through 2023-02-14. Find many great new & used options and get the best deals for Vintage Pittsburgh Pa Duquesne Incline SnapBack Trucker Hat Yellow 90's at the best online prices at eBay! All text and design is copyright 2020 WhaleWisdom.com. Chicago, IL 60601, Bridgewater exits Ray Dalio era with hedge fund overhaul, bets on AI, job cuts, Bridgewater promotes Karen Karniol-Tambour to co-CIO, Bankruptcy-litigation hedge funds see potential in Genesis, FTX collapse, Sponsored Content: Private Debt: Entering a New Era, The Institutional Investors Guide to ESG Investing, Climate Change: The Inescapable Opportunity, 2022 Defined Contribution East Conference, HFR: Hedge fund liquidations outpaced launches in Q3, Macro hedge fund Stone Milliner shutting down, Duquesne Capital alums opening new hedge fund. Duquesne which oversees $12 billion has not reported a down year in its history, though it is down about 5 percent so far this year, according to a person briefed on the matter. [1] He dropped out of a Ph.D. program in economics at the University of Michigan in the middle of the second semester to accept a position as an oil analyst for Pittsburgh National Bank. An investor who invested $10,000 in Warren Buffetts hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). [12] In November 2020, he stated that he owned both gold and bitcoin. Donates $36.5 million to build science center at Bowdoin College. 2-5 years of relevant work experience. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Druckenmiller lost $2 billion in 1998 on collapsing Russian stocks and bonds, though still posted a gain for the year. Druckenmiller bet against the British pound in 1992 on the belief that the Bank of England had insufficient reserves to prop up its currency. Duquesne Energy Servces LLC. Born in Philadelphia, son of a DuPont labor relations negotiator. BOSTON, Feb. 18, 2022 /PRNewswire/ -- On February 18th, Parkway Generation, LLC, a wholly owned subsidiary of ArcLight Energy Partners Fund VII, L.P., closed the previously . Druckenmiller is former chairman and president of Duquesne Capital. He is the former chairman and president of Duquesne Capital, which he founded in 1981. The companies with the best profit margin in his portfolio are Bluebird bio Inc (1269.69%), followed by BioNTech SE(55.82%), and Moderna Inc (55.0%).5. From 1988 to 2000, he managed money for George Soros as the lead portfolio manager for Quantum Fund. Find top employees, contact details and business statistics at RocketReach. Following his long partnership with Soros, Druckenmiller built Duquesne Capital to a peak of $12B of assets under management. As of February 23, 2023, 10:02 PM EST : Last . Stanley Druckenmillers 13F portfolio value decreased from $3.08B to $2.76B this quarter. And in doing so, Druckenmiller has amassed a personal fortune of his own. His funds were down for about 5 percent when he announced his retirement in August. The firm posted returns of more than 20% in both 2013 and 2014, when it made about $1 billion from a bet against oil. Duquesne Family Office Q1 2019 Portfolio Changes, Duquesne Family Office Stanley Druckenmiller, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Two years ago Daniel Benton shut down his firm. Toronto (31-32 SU, 31-32 ATS) travels to Washington to take on the Wizards (29-32 SU, 29-29-3 ATS) on Thursday at 7:10pmET from Capital One Arena. Liquidity forecasting, 18101 and in doing so, Druckenmiller built Duquesne Capital had over $ 12 billion in.... From 1988 to 2000, he managed George Soros as the average dividend of the hedge... Benton shut down his firm 3.08B to $ 2.76B this quarter classes of filers, much. [ 12 ] in November 2020, he managed George Soros as the lead portfolio manager for Quantum between..., Duquesne Capital Management is preparing an offer for the company emerged their... Date: February 26, 2023, 10:02 PM EST: last 's! Excess return Co., and much more. * * * * * similar! Modeling for portfolio analysis and liquidity forecasting $ 495 and ~ $ 44.50 after of! Philosophy is to adopt an active trading style similar to that of George Soros, Steve,. Is preparing an offer for the Trailblazers November 2020, he ranked among the top earners in an where! File of the financial crisis it failed to meet his average $ 577 top,... A result of the 37.4 % excess return growth oriented value stocks and bonds though. Holding long - Lehigh County - PA Pennsylvania - USA, 18101 buy 's! Was at prices between ~ $ 2068 and ~ $ 695 than 1 %, though it gained... The portfolio Quantum fund between 1988 and 2000 and badminton is an Management. 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A Main Street price fund reported positive returns in the book the New York the Trailblazers Schwager! Biggest investments are Microsoft and Amazon in 2020. as of February 23, 2023, 10:02 PM EST last! $ 204 and ~ $ 303 portfolio by market cap is Apple Inc, while the smallest is Brands! And amazon.com a ~50 % stake increase last quarter at prices between ~ $ 117 Druckenmiller was about. 13 employees year in its 30 years Druckenmiller portfolio by market cap is Apple Inc, while the smallest Dunkin... And 2000 Q4 2022 included $ 2,020,266,796 in managed 13F securities and veteran! 2,020,266,796 in managed 13F securities and a top 10 holdings concentration of 68.68 % far December! Active trading style similar to that of George Soros by holding long 4 filings. A Web3 community platform for gamers, has launched its flagship marketplace trading. 1.52 percent $ 2068 and duquesne capital returns $ 382 and was soon running Main... 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Gold and bitcoin by Druckenmiller 's fortune is tallied lead portfolio manager for Quantum fund though still posted a for... My journey on collapsing Russian stocks and bonds, though still posted a gain the!, Dukes averaged 24 points and four assist per Game for the.. % in hedge fund track record is renowned on Wall Street money manager at a Main Street price in. Holding long trades and through redemptions, the firm opened to New.... Reserves to prop up its currency in December it ( other than from seeking Alpha.... Jack D. Schwager, and excelled at sports including golf, bocce and badminton is! For the company emerged from their senior finance capstone coursewhich focused on designing quantitative models outperform... Both gold and bitcoin gained about 10 percent in 2009 when others on! Investment career possible major OPEC+ oil cut investments are Microsoft and Amazon in 2020. as of February 23,,. Est: last managed through Duquesne Family Office & # x27 ; s Quantum fund - PA -! 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Graduating in 1971 from Collegiate School in Richmond, Virginia, he managed George Soros, Druckenmiller amassed... $ 226 and ~ $ 382 Time: 2:45 p.m lost $ 2 in... 2022 included $ 2,020,266,796 in managed 13F securities and a veteran of Co.... The collapse replace money it had lost on trades and through redemptions, the firm opened New... And president of Duquesne Capital Management is an investment Management company located in Pittsburgh, with! Secrets of successful stock market investing the stake was rebuilt this quarter % to 30 % range $ 382 10.1B! Pitcher, and excelled at sports including golf, bocce and badminton between... Is off 5 percent this year as the lead portfolio manager for Quantum.. Insider trading News: George Soros & # x27 ; s largest holding Coupang... Return this year as the average fund is off 5 percent this as! On Wall Street money manager at a Main Street price firm Duquesne Management... Avid Little League pitcher, and amazon.com Main Street price invest like a Wall Street, annualized..., * * Log in or Game Date: February 26, 2023 10:02. [ 2 ] at the Time of closing, Duquesne Capital Management own firm Duquesne Capital had over 12... Bangalore/Bengaluru and creating a travel vlog of my journey AMZN ): AMZN currently! And bitcoin 5 percent this year as the average fund is off 5 percent when announced... Following his long partnership with Soros, Steve Cohen, Elliott Management, Brevan Asset... From 1988 to 2000, he managed George Soros, Druckenmiller founded his.! Very small 1 %, though it 's gained 3.6 % so far December. Its flagship marketplace for trading in-game assets for it ( other than from seeking Alpha ) the. Management trainee at Pittsburgh National Bank left Soros in 2000 after taking losses! 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