Duquesne Capital, operated by Stanley Druckenmiller, filed its 13F SEC filing on August 14, 2014 with a net filed value of $1.4 billion and the fund has offered 54% quarter-over-quarter returns. Stanley Druckenmiller has invested largely in Healthcare industry (16.4%) followed by Energy sector (11.4%) and Basic Material (8.1%). Top three holdings of Duquesne Capital according to their 13F filing include Google Inc (NASDAQ:GOOG), Walgreen Company (NYSE:WAG), and Alcoa Inc (NYSE: AA). (See Stanley Druckenmiller’ entire portfolio).
Google Inc (NASDAQ: GOOG) is the top holding of Duquesne Capital with an investment of $151 million and 259,610 shares. Google Inc (NASDAQ:GOOG) reported consolidated revenues of $16.0 billion with an improvement of 22% when compared with the revenue of same quarter in the last year and $6.25 non-GAAP earnings per share. Other major funds holding stocks of Google Inc (NASDAQ: GOOG) in terms of portfolio percentage include Duquesne Capital (10.83%), Edinburg Partners (8.32%), and Joho Capital (7.67%).
Walgreen Company (NYSE: WAG) is the second major holding of Duquesne Capital (6.55%) with 1,240,000 shares with a net value of $92 million. Walgreen Company (NYSE:WAG) is planning to open 13 new clinics within the Dallas-fort worth market and it highlights the company’s commitment to provide affordable healthcare to its customers. Some of the major hedge funds holding Walgreen Company (NYSE:WAG)’s shares in terms of portfolio percentage include Dsam Partners (22.64%), Arrow Capital Management (12.64%), and Antipodean Advisors (10.76%).
Alcoa Inc (NYSE: AA) is the third largest holding of Duquesne Capital with 5,744,000 shares and investment of $85.5 million. Alcoa Inc (NYSE:AA) announced a profit of $138 million in its second quarter 2014 financial results with the revenue of $5.8 billion. Bocage Capital and Platinum Asset Management are the other prominent hedge funds which have positions on Alcoa Inc (NYSE:AA).
This article has been written by Prakash Pandey and edited by Serkan Ünal.