Billionaire Stan Druckenmiller’s Top Stock Picks
In a latest 13F filing, Stanley Druckenmiller’s fund Duquesne Capital, revealed its holdings for the fourth quarter of 2013. The value of its equity portfolio advanced significantly to $1.50 billion at the end of the fourth quarter, versus $845.61 million in the previous quarter. In this piece we will discuss the top five holdings in terms of value, from Duquesne’s latest 13F.
The first on the list is Google Inc (NASDAQ:GOOG), in which the fund held 233,250 shares, up by 10,000 shares over the quarter. The value of the holding, however, increased significantly to $261.41 million from $223.25 million.
In Schlumberger Limited. (NYSE:SLB), a supplier of technology, integrated project management and information solutions, Duquesne Capital owns 993,000 shares, with a reported value of $89.48 million.
The air transportation for passengers and cargo provider, Delta Air Lines, Inc. (NYSE:DAL), stands on the third spot. The fund holds 3.11 million shares, worth $85.43 million, the value appreciating from $73.37 million at the end of the previous quarter.
The fourth-largest holding in Duquesne Capital’s equity portfolio is represented by Amazon.com, Inc. (NASDAQ:AMZN), a retail website, in which the fund owns 157,700 shares, worth $62.89 million.
And the last on our list of the top five picks is Illumina, Inc. (NASDAQ:ILMN) that develops and manufactures life science tools and integrated systems. The fund held 506,700 of the company worth $56.04 million.
Duquesne Capital added several new positions to its equity portfolio this quarter. FedEx Corporation (NYSE:FDX) was one of them, the fund disclosing ownership of 356,900 shares, with a reported value of $51.31 million. This company now stands on the sixth spot in Duquesne’s equity portfolio. Another new position is Bristol-Myers Squibb Co (NYSE:BMY), of which the fund reported owning 954,200 shares, worth $50.72 million.
A few more worth mentioning among the new position are Alcoa Inc (NYSE:AA), and Crown CastleInInternational Corp. (NYSE:CCI) of which the fund revealed owning 4.0 million shares, valued at $42.52 million, and 540,200 shares, worth $39.67 million. SBA Communications Corporation (NASDAQ:SBAC) is another company, which was added to Duquesne’s portfolio in the fourth quarter, the fund currently holding 397,400 shares.