Latest news with #DuquesneCapital
Yahoo
2 days ago
- Business
- Yahoo
Stanley Druckenmiller's Strategic Moves: Significant Reduction in Coupang Inc. by 3.73%
Insights into Stanley Druckenmiller (Trades, Portfolio)'s Second Quarter 2025 Portfolio Adjustments Warning! GuruFocus has detected 4 Warning Signs with NTRA. Stanley Druckenmiller (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Stanley Druckenmiller (Trades, Portfolio) (born 1953 in Pittsburgh, Pennsylvania) is the President, CEO, and Chairman of Duquesne Capital, which he founded in 1981 and converted into a family office in 2010. He managed money for George Soros (Trades, Portfolio) from 1988 to 2000 as the lead portfolio manager for Quantum Fund. The two partners famously shorted the British Pound in 1992. Druckenmiller was highly influenced by George Soros (Trades, Portfolio)' trading style, which is quite evident in his own investing strategy. He uses a top-down approach that combines long positions and short positions in all types of assets like stocks, bonds, currencies, and futures. Summary of New Buy Stanley Druckenmiller (Trades, Portfolio) added a total of 31 stocks, among them: The most significant addition was Entegris Inc (NASDAQ:ENTG), with 1,645,885 shares, accounting for 3.26% of the portfolio and a total value of $132.74 million. The second largest addition to the portfolio was Microsoft Corp (NASDAQ:MSFT), consisting of 200,930 shares, representing approximately 2.46% of the portfolio, with a total value of $99.95 million. The third largest addition was Warner Bros. Discovery Inc (NASDAQ:WBD), with 6,537,160 shares, accounting for 1.84% of the portfolio and a total value of $74.92 million. Key Position Increases Stanley Druckenmiller (Trades, Portfolio) also increased stakes in a total of 13 stocks, among them: The most notable increase was Insmed Inc (NASDAQ:INSM), with an additional 884,385 shares, bringing the total to 2,253,435 shares. This adjustment represents a significant 64.6% increase in share count, a 2.19% impact on the current portfolio, with a total value of $226.79 million. The second largest increase was Roku Inc (NASDAQ:ROKU), with an additional 606,900 shares, bringing the total to 1,100,500. This adjustment represents a significant 122.95% increase in share count, with a total value of $96.72 million. Summary of Sold Out Stanley Druckenmiller (Trades, Portfolio) completely exited 15 holdings in the second quarter of 2025, as detailed below: Capital One Financial Corp (NYSE:COF): Stanley Druckenmiller (Trades, Portfolio) sold all 197,670 shares, resulting in a -1.16% impact on the portfolio. SpringWorks Therapeutics Inc (SWTX): Stanley Druckenmiller (Trades, Portfolio) liquidated all 615,929 shares, causing a -0.89% impact on the portfolio. Key Position Reduces Stanley Druckenmiller (Trades, Portfolio) also reduced positions in 18 stocks. The most significant changes include: Reduced Coupang Inc (NYSE:CPNG) by 5,197,210 shares, resulting in a -55.87% decrease in shares and a -3.73% impact on the portfolio. The stock traded at an average price of $25.56 during the quarter and has returned 4.84% over the past 3 months and 28.03% year-to-date. Reduced Coherent Corp (NYSE:COHR) by 1,064,230 shares, resulting in a -47.89% reduction in shares and a -2.26% impact on the portfolio. The stock traded at an average price of $71.86 during the quarter and has returned 18.50% over the past 3 months and -1.40% year-to-date. Portfolio Overview At the second quarter of 2025, Stanley Druckenmiller (Trades, Portfolio)'s portfolio included 69 stocks, with top holdings including 12.8% in Natera Inc (NASDAQ:NTRA), 6.57% in Teva Pharmaceutical Industries Ltd (NYSE:TEVA), 5.57% in Insmed Inc (NASDAQ:INSM), 5.11% in Woodward Inc (NASDAQ:WWD), and 4.26% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM). The holdings are mainly concentrated in 9 of the 11 industries: Healthcare, Technology, Consumer Cyclical, Industrials, Financial Services, Communication Services, Consumer Defensive, Energy, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Stanley Druckenmiller's Strategic Moves: Significant Reduction in Coupang Inc. by 3.73%
Insights into Stanley Druckenmiller (Trades, Portfolio)'s Second Quarter 2025 Portfolio Adjustments Warning! GuruFocus has detected 4 Warning Signs with NTRA. Stanley Druckenmiller (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Stanley Druckenmiller (Trades, Portfolio) (born 1953 in Pittsburgh, Pennsylvania) is the President, CEO, and Chairman of Duquesne Capital, which he founded in 1981 and converted into a family office in 2010. He managed money for George Soros (Trades, Portfolio) from 1988 to 2000 as the lead portfolio manager for Quantum Fund. The two partners famously shorted the British Pound in 1992. Druckenmiller was highly influenced by George Soros (Trades, Portfolio)' trading style, which is quite evident in his own investing strategy. He uses a top-down approach that combines long positions and short positions in all types of assets like stocks, bonds, currencies, and futures. Summary of New Buy Stanley Druckenmiller (Trades, Portfolio) added a total of 31 stocks, among them: The most significant addition was Entegris Inc (NASDAQ:ENTG), with 1,645,885 shares, accounting for 3.26% of the portfolio and a total value of $132.74 million. The second largest addition to the portfolio was Microsoft Corp (NASDAQ:MSFT), consisting of 200,930 shares, representing approximately 2.46% of the portfolio, with a total value of $99.95 million. The third largest addition was Warner Bros. Discovery Inc (NASDAQ:WBD), with 6,537,160 shares, accounting for 1.84% of the portfolio and a total value of $74.92 million. Key Position Increases Stanley Druckenmiller (Trades, Portfolio) also increased stakes in a total of 13 stocks, among them: The most notable increase was Insmed Inc (NASDAQ:INSM), with an additional 884,385 shares, bringing the total to 2,253,435 shares. This adjustment represents a significant 64.6% increase in share count, a 2.19% impact on the current portfolio, with a total value of $226.79 million. The second largest increase was Roku Inc (NASDAQ:ROKU), with an additional 606,900 shares, bringing the total to 1,100,500. This adjustment represents a significant 122.95% increase in share count, with a total value of $96.72 million. Summary of Sold Out Stanley Druckenmiller (Trades, Portfolio) completely exited 15 holdings in the second quarter of 2025, as detailed below: Capital One Financial Corp (NYSE:COF): Stanley Druckenmiller (Trades, Portfolio) sold all 197,670 shares, resulting in a -1.16% impact on the portfolio. SpringWorks Therapeutics Inc (SWTX): Stanley Druckenmiller (Trades, Portfolio) liquidated all 615,929 shares, causing a -0.89% impact on the portfolio. Key Position Reduces Stanley Druckenmiller (Trades, Portfolio) also reduced positions in 18 stocks. The most significant changes include: Reduced Coupang Inc (NYSE:CPNG) by 5,197,210 shares, resulting in a -55.87% decrease in shares and a -3.73% impact on the portfolio. The stock traded at an average price of $25.56 during the quarter and has returned 4.84% over the past 3 months and 28.03% year-to-date. Reduced Coherent Corp (NYSE:COHR) by 1,064,230 shares, resulting in a -47.89% reduction in shares and a -2.26% impact on the portfolio. The stock traded at an average price of $71.86 during the quarter and has returned 18.50% over the past 3 months and -1.40% year-to-date. Portfolio Overview At the second quarter of 2025, Stanley Druckenmiller (Trades, Portfolio)'s portfolio included 69 stocks, with top holdings including 12.8% in Natera Inc (NASDAQ:NTRA), 6.57% in Teva Pharmaceutical Industries Ltd (NYSE:TEVA), 5.57% in Insmed Inc (NASDAQ:INSM), 5.11% in Woodward Inc (NASDAQ:WWD), and 4.26% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM). The holdings are mainly concentrated in 9 of the 11 industries: Healthcare, Technology, Consumer Cyclical, Industrials, Financial Services, Communication Services, Consumer Defensive, Energy, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus.
Yahoo
2 days ago
- Business
- Yahoo
Stanley Druckenmiller's Strategic Moves: Significant Reduction in Coupang Inc. by 3.73%
Insights into Stanley Druckenmiller (Trades, Portfolio)'s Second Quarter 2025 Portfolio Adjustments Warning! GuruFocus has detected 4 Warning Signs with NTRA. Stanley Druckenmiller (Trades, Portfolio) recently submitted the 13F filing for the second quarter of 2025, providing insights into his investment moves during this period. Stanley Druckenmiller (Trades, Portfolio) (born 1953 in Pittsburgh, Pennsylvania) is the President, CEO, and Chairman of Duquesne Capital, which he founded in 1981 and converted into a family office in 2010. He managed money for George Soros (Trades, Portfolio) from 1988 to 2000 as the lead portfolio manager for Quantum Fund. The two partners famously shorted the British Pound in 1992. Druckenmiller was highly influenced by George Soros (Trades, Portfolio)' trading style, which is quite evident in his own investing strategy. He uses a top-down approach that combines long positions and short positions in all types of assets like stocks, bonds, currencies, and futures. Summary of New Buy Stanley Druckenmiller (Trades, Portfolio) added a total of 31 stocks, among them: The most significant addition was Entegris Inc (NASDAQ:ENTG), with 1,645,885 shares, accounting for 3.26% of the portfolio and a total value of $132.74 million. The second largest addition to the portfolio was Microsoft Corp (NASDAQ:MSFT), consisting of 200,930 shares, representing approximately 2.46% of the portfolio, with a total value of $99.95 million. The third largest addition was Warner Bros. Discovery Inc (NASDAQ:WBD), with 6,537,160 shares, accounting for 1.84% of the portfolio and a total value of $74.92 million. Key Position Increases Stanley Druckenmiller (Trades, Portfolio) also increased stakes in a total of 13 stocks, among them: The most notable increase was Insmed Inc (NASDAQ:INSM), with an additional 884,385 shares, bringing the total to 2,253,435 shares. This adjustment represents a significant 64.6% increase in share count, a 2.19% impact on the current portfolio, with a total value of $226.79 million. The second largest increase was Roku Inc (NASDAQ:ROKU), with an additional 606,900 shares, bringing the total to 1,100,500. This adjustment represents a significant 122.95% increase in share count, with a total value of $96.72 million. Summary of Sold Out Stanley Druckenmiller (Trades, Portfolio) completely exited 15 holdings in the second quarter of 2025, as detailed below: Capital One Financial Corp (NYSE:COF): Stanley Druckenmiller (Trades, Portfolio) sold all 197,670 shares, resulting in a -1.16% impact on the portfolio. SpringWorks Therapeutics Inc (SWTX): Stanley Druckenmiller (Trades, Portfolio) liquidated all 615,929 shares, causing a -0.89% impact on the portfolio. Key Position Reduces Stanley Druckenmiller (Trades, Portfolio) also reduced positions in 18 stocks. The most significant changes include: Reduced Coupang Inc (NYSE:CPNG) by 5,197,210 shares, resulting in a -55.87% decrease in shares and a -3.73% impact on the portfolio. The stock traded at an average price of $25.56 during the quarter and has returned 4.84% over the past 3 months and 28.03% year-to-date. Reduced Coherent Corp (NYSE:COHR) by 1,064,230 shares, resulting in a -47.89% reduction in shares and a -2.26% impact on the portfolio. The stock traded at an average price of $71.86 during the quarter and has returned 18.50% over the past 3 months and -1.40% year-to-date. Portfolio Overview At the second quarter of 2025, Stanley Druckenmiller (Trades, Portfolio)'s portfolio included 69 stocks, with top holdings including 12.8% in Natera Inc (NASDAQ:NTRA), 6.57% in Teva Pharmaceutical Industries Ltd (NYSE:TEVA), 5.57% in Insmed Inc (NASDAQ:INSM), 5.11% in Woodward Inc (NASDAQ:WWD), and 4.26% in Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM). The holdings are mainly concentrated in 9 of the 11 industries: Healthcare, Technology, Consumer Cyclical, Industrials, Financial Services, Communication Services, Consumer Defensive, Energy, and Basic Materials. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
07-04-2025
- Business
- Miami Herald
Stanley Druckenmiller sends curt 7-word response to tariff war
Everyone is talking about tariffs for a good reason. On April 2, President Trump unveiled widespread tariffs on global imports on "Liberation Day," and the stock market reacted with a thud. The S&P 500 fell by about 10% through Friday, while the Nasdaq notched back-to-back declines of about 6%. Overall, the S&P 500 and Nasdaq Composite are 17% and 22% lower than at their peak in January. And it's likely to worsen, given that Sunday night futures show another big drop looming on Monday. Related: Jim Cramer delivers scathing message on tariffs after stocks drop Crashing stocks have turned tariffs into a lightning rod, and debate over their benefits and risks is raging. Proponents say tariffs will reignite American manufacturing, while opponents say they'll spark inflation and throw the U.S. into a recession. The situation has captured the attention of many prominent investors, including legendary hedge fund billionaire Stanley Druckenmiller. Druckenmiller, who famously broke the Bank of England by shorting the Pound with George Soros in 1992, is one of the best-known investors on the planet. His Duquesne Capital reportedly never had a down year and generated an average annual return of 30% during its nearly 30 years in operation. Bloomberg/Getty Images The stock market's drop suggests that, in the aggregate, market participants believe revenue and profit growth is going to shrink. Sales and profitability are the lifeblood of stock market returns, and expectations for both to increase contributed to the S&P 500 returning 24% in 2024. Coming into this year, most Wall Street analysts, including powerhouses like Goldman Sachs, anticipated more gains, at least partly on hopes for an economy that could continue to reward companies' bottom line. Related: Billionaire Bill Ackman delivers frank 3-word message on tariff war However, some warning signs are materializing, and those red flags are front-and-center following Trump's proposed tariffs, which include a 10% global tariff on imports, plus tariffs ranging up to 54% on China. Tariffs are taxes paid by importers like Walmart, automakers, and others. As a result, companies that import goods will pay more, pressuring them to pass increases on to consumers or reduce their profit margin. Since tariffs are inflationary, they're bad news for consumers who are already pinching pennies because of sticky inflation. Many Americans are also struggling because of sky-high credit card interest rates caused by the Fed's hawkish monetary policy from 2022 through late 2024. As a result, Walmart and other retailers are on record, saying consumers are spending less on discretionary items. The prospect of higher inflation will likely worsen consumer confidence, which is already poor. The Conference Board's Expectations Index is 65, far south of the 80 level that has suggested past recessions. The problems are compounded by recent job market weakness. The unemployment rate, while low, has increased to 4.2% from 3.5% in 2023. In March, 275,000 Americans lost their jobs, according to Challenger, Gray, & Christmas, partly because of Department of Government Efficiency (DOGE) job cuts. The number of layoffs increased a staggering 205% year over year and was the biggest month for layoffs since Covid in 2020. In January, Druckenmiller suggested in a CNBC interview that tariffs were the lesser of two evils. He pointed out that neither Republicans nor Democrats have made the necessary hard choices to reduce our deficit, leaving the government with a significant need for more revenue. Related: Legendary fund manager sends blunt 9-word message on stock market tumble Druckenmiller said that of the two revenue-generating options available to the U.S. government, tariffs were preferable to income taxes. He argued tariffs should be considered a consumption tax. On April 6, veteran stock market trader Mark Minervini, who like Druckenmiller was featured in the popular Market Wizards series of books, shared Druckenmiller's CNBC interview in a post on "X," writing simply, "Druckenmiller on Tariffs," above the link. The social media share sparked a curt response from Druckenmiller, who previously didn't have any other "X" posts displayed on his account. "I do not support tariffs exceeding 10%, which I made abundantly clear in the interview you cite." wrote Druckenmiller. The current baseline tariff on imports is set at 10%. However, tariffs are much higher on many important trading partners. For example, in addition to the 54% tariffs on China, tariffs total 25% on Canada and Mexico and 46% on Vietnam. Tariffs on the EU are 20%. Druckenmiller's terse reply to Minervini suggests he isn't a fan of the current tariff schedule, indicating he would favor broad-based reductions to 10% or lower. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
