Tracking Stanley Druckenmiller's Duquesne Family Office Portfolio - Q2 2013 Update

Below is a spreadsheet that highlights the changes to Stanley Druckenmiller's Duquesne Family Office US long stock portfolio as of Q2 2013. Druckenmiller is a protege of George Soros and follows his trend-following trading style. Check-out “The Alchemy of Finance” and other works to know more about Soros' trading style and philosophy.  For a look at how Duquesne portfolio has progressed, see our previous update:

This quarter, Druckenmiller’s US long portfolio decreased from $1.45B to $674M, a drop of 54%. The number of holdings in the portfolio also decreased from 21 to 17. The top five holdings represent close to 67% of the US long assets, making it a very concentrated portfolio. The largest holding is Google Inc. (GOOG) which has an allocation of just over 29% of the US long portfolio. Druckmiller’s assets are diversified globally and the US long portfolio is only a fraction of his overall assets (Stanley Druckenmiller’s personal net worth was $2.8B as of March 2013).

To learn more about how to profit from a strategy of following the best hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy .