Google Inc (GOOGL), Walgreen Company (WAG), Alcoa Inc (AA): Billionaire Stan Druckenmiller’s Top Tech Picks

An understudy of George Soros, Stanley Druckenmiller has become famous following the big short of the British Pound in 1992, a bet that brought Druckenmiller and Soros a gain of roughly $1 billion. Druckenmiller’s fund, Duquesne Capital, was founded in 1981 and is based in Pittsburgh, Pennsylvania. Druckenmiller uses a value-oriented approach to find investment opportunities in public equity and hedging markets worldwide. As reported in its latest 13F filing, Duquesne Capital’s equity portfolio has a market value of approximately $1.4 billion, significantly higher than the value at the end of March – $886 million.  A large portion of the portfolio is occupied by technology stocks, while Druckenmiller is also heavily invested in energy and health care stocks. He has a net worth of approximately $3.1 billion according to Forbes.


Druckenmiller’s top stock pick continues to be Google Inc (NASDAQ:GOOGL), the Mountain View-based tech giant, which underwent a 2-to-1 stock split earlier this year. Duquesne Capital has not reported any changes in its stake, continuing to hold 259,610 Google Inc (NASDAQ:GOOGL) shares valued at roughly $151 million. Alex Snow‘s Lansdowne Partners is also betting big on this stock and have increased their stake by 21% during Q2. Lansdowne Partners now controls approximately 857,000 shares of Google Inc (NASDAQ:GOOGL), a position worth $501 million.

Another position Druckenmiller is holding on tight to is Walgreen Company (NYSE:WAG), a retail drugstore chain. As reported in its latest 13F filing, Duquesne Capital’s position amasses exactly 1.24 million shares with an estimated worth of $91.9 million. Walgreen Company (NYSE:WAG) is also an important piece of Andreas Halvorsen‘s puzzle and his biggest bet. However, during the quarter, Halvorsen has decreased his fund’s stake in Walgreen Company (NYSE:WAG), leaving his fund, Viking Global, with 20.1 million shares valued at $1.49 billion.

Alcoa Inc (NYSE:AA) is a stock Druckenmiller is bullish on, having boosted his fund’s stake in the company by 15% during the second quarter. As a result, Duquesne Capital now holds 5.74 million shares of Alcoa Inc (NYSE:AA), an investment valued at $85.5 million. Robert Rodriguez and Steven Romick are convinced the company still has room to grow and have slightly increased their fund’s investment. In its latest 13F filing, First Pacific Advisors LLC has reported ownership of 21.9 million shares with an estimated worth of $326 million.

Disclosure: none.

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