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Stanley Druckenmiller just announced his retirement.
He's made a ton of money on Wall Street and his $12 billion fund, Duquesne, never had a down year until 2010. This year, he's down 5%. So what are his top 10 positions?
As of June 30th, here are Duquesne's top 10 long holdings, as found in his quarterly 13f filing.
Also worth noting: these positions will eventually be liquidated as the fund's money is returned to investors.
Apple - $378 million (1,504,640 shares)
Wells Fargo - $324 million (12,310,000 shares)
McDonald's - $128 million (1,945,500 shares)
JPMorgan - $110 million (3,000,000 shares)
Cisco Systems - $92 million (4,305,000 shares)
EOG Resources - $91 million (923,300 shares)
Mylan Inc - $81 (76,742 shares)
Citigroup - $70 million - (3,851,900 shares)
Akami - $65 million (1,600,000 shares)
Calpine - $50 million (3,956,678 shares)
CLick here to see what positions other big managers are holding right now >
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600px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=4c6bfd6e7f8b9a094ac40300&width=600&height=430" width="600" height="430" border="0" frameborder="0"></iframe> 400px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=4c6bfd6e7f8b9a094ac40300&width=400&height=430" width="400" height="430" border="0" frameborder="0"></iframe> 300px wide (preview) <iframe src="http://www.businessinsider.com/embed?id=4c6bfd6e7f8b9a094ac40300&width=300&height=430" width="300" height="430" border="0" frameborder="0"></iframe> // setup button event listeners // embed post loadButton('embed-button','embed-info'); loadButton('embed-close','embed-info'); loadButton('button-preview1','embed-preview1', ""); loadButton('button-preview2','embed-preview2', ""); loadButton('button-preview3','embed-preview3', ""); Advertisement: Blackboard Home » Edit This » Stanley Druckenmiller Summary Stanley Druckenmiller is the founder, president, CEO and chairman of Pittsburgh-based hedge fund Duquesne Capital, which reportedly has more than $12 billion in assets. He announced his retirement and the closure of the fund in... More » Recent Posts About Stanley Druckenmiller The REAL Reason Druckenmiller is Retiring: Golf Hedge Funder: "Druckenmiller's Retiring Doesn't Bode Well For The Future" Read The Letter Stanley Druckenmiller Wrote About His Retirement Courtney Comstock is a writer at Clusterstock. Contact: e-mail: var dw = function(s) { document.write(s); };dw('c');dw('coms');dw('tock');dw('@bus');dw('ines');dw('sins');dw('ider');dw('.com');dw('');use contact page AIM: cstockatbi Work Phone: 646 484 6660 Subscribe to her twitter feed Recent Posts Blind Item Revealed! It Was... London Is Having A Competit... The REAL Reason Druckenmill... Sponsored Link: /* Outbrain Style */ .outbrain_dual_ad_ul_class { margin-top: 1.25em !important; padding: .5em 0 0 .25em !important; } Receive email updates on new comments! Email 20 Comments 2 4 Flag as Offensive bittergreen on Aug 18, 12:08 PM said: Akami: I haven't heard that name uttered in 8 years ... I just kind of assumed they died in the dot-com fallout. Who knew they were still alive and kicking. Reply 0 0 Flag as Offensive kryptic on Aug 18, 7:40 PM said: @bittergreen: More to the point his "$12B" of assets adds up to less than $1.2B and I presume some of that is funed with borrowings. How much investment money is he actually managing? Reply 0 0 Flag as Offensive stuff on Aug 19, 12:51 AM said: @kryptic: that's just the Top 10 holdings above, not the entire fund. and they add up to $1.389 billion, not $1.2 billion. but yes, i am surprised that the top 10 only total ~11.5% of the entire fund. Reply 5 4 Flag as Offensive ddb on Aug 18, 12:43 PM said: Time to run for the hills? Thanks to the leaders of this country, whiz men are walking away with billions of cash, leaving the country trillions in debt. Reply 1 0 Flag as Offensive gw bush on Aug 19, 12:48 AM said: @ddb: you rang? Reply 4 1 Flag as Offensive gentleman trader on Aug 18, 12:54 PM said: akamai? seriously...you assumed they died in the dot com fallout? Reply 5 2 Flag as Offensive OneMinuteMBA (URL) on Aug 18, 1:20 PM said: "He's retiring because his fund is having a bad year so here's what he's holding" This is commonly referred to as a run-on sentence. Reply 3 0 Flag as Offensive Stone Street Advisors (URL) on Aug 18, 5:29 PM said: @OneMinuteMBA: Actually, if anything, its a bit of a non-sequitur, but that's neither here-nor-there. It's damn near impossible to produce returns like that for so long, especially with that sort of AUM. Chill. Anal_yst Reply 11 0 Flag as Offensive Dave Boudreau (URL) on Aug 18, 1:29 PM said: WHOA! they are going to be "liquified," as in reduced to a liquid state? I think the word you are looking for is LIQUIDATED :) Reply 3 2 Flag as Offensive Tard on Read Full Article »