Date updated:12-09-2009
As of 9/30/2009 funds at Duquesne Capital Management LLC, managed by Stanley Druckenmiller, were valued at $4.7 billion.
During the quarter the fund had 184 total positions. The top five sector weightings are in: Basic Materials (23.33%), Technology (17.09%), Healthcare (15.62%), Energy (14.62%), and Financial (10.28%).
During the quarter some of the following significant actions were taken:
Positions closed out (37 positions): WLT, RRC, WFT, PNW, RIG, TRA, TMO, CI, CLR, ZMH, COG
New positions (95 positions): AAPL, MON, POT, JPM, CHK, GOOG, MSFT, AGN, XLE, FWLT
Decreased positions (58 positions): ANR, FXI, PFE, MRK, WCRX, TCK, UNS, COV, DE
Increased positions (115 positions): APC, MOS, AMGN, HES, NEM, CLF, BSX, DAL, WAG
Here are the top 30 holdings as of September 30, 2009.
Duquesne Capital is a $4 billion dollar investment fund started by Stanley Druckenmiller in 1981.
Druckenmiller went to work for his hero George Soros in 1988 and is famous for orchestrating Soros' billion-dollar raid on the British pound in 1992. His timely long and short positions helped generate string of 30% returns for Soros' Quantum Fund. It is believed he kept 30% of Soros' incentive fee. He parted from Soros in 2000. He returned to Duquesne Capital to run it's No Margin Fund.

-
AAPL
Apple Inc. - $223.02
- +1.80%
- $218.15
7.24% of portfolio.

-
MON
Monsanto Company - $71.28
- -1.03%
- $71.87
5.83% of portfolio.

-
TCK
Teck Resources Lt - $39.88
- 0.00%
- $N/A
4.28% of portfolio.

-
MYLNP
Mylan Inc. - $1306.48
- +1.91%
- $1308.84
4.23% of portfolio.

-
NEM
Newmont Mining Co - $51.17
- +0.22%
- $50.52
3.93% of portfolio.

-
POT
Potash Corporatio - $117.40
- -0.43%
- $117.16
3.55% of portfolio.

-
HES
Hess Corporation - $60.50
- -1.22%
- $60.83
3.55% of portfolio.

-
JPM
Jp Morgan Chase & - $42.42
- -0.40%
- $42.38
2.62% of portfolio.
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