Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0801
    +0.0008 (+0.08%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2637
    +0.0015 (+0.12%)
     
  • USD/JPY

    151.2010
    -0.1710 (-0.11%)
     
  • Bitcoin USD

    70,378.65
    -478.18 (-0.67%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,369.44
    +201.37 (+0.50%)
     

Druckenmiller's Best Investments of 2016

- By Tiziano Frateschi

Stanley Druckenmiller (Trades, Portfolio) is the president, CEO and chairman of Duquesne Capital, which he founded in 1981. The following are the best performers of his investments.


Barrick Gold Corp. (ABX) with a market cap of $19.1 billion has gained 117.6% year to date. The guru's stake represents 2.87% of his total assets.

The company's business activities also include exploration and mine development. It holds interests in oil and gas properties located in Canada.

Over the last 12 months has risen by 106%, trading now 30.17% below its 52-week high and 124.83% above its 52-week low.

GuruFocus' profitability and growth rating is 6 out of 10. The return on equity (ROE) of -31.95% and return on assets (ROA) of -9.20% are underperforming 70% of the companies in the Global Gold industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.31 is below the industry median of 7.78.

First Eagle Investment (Trades, Portfolio) is the largest shareholder among the gurus with 3% of outstanding shares followed by Jim Simons (Trades, Portfolio) with 0.97%, Caxton Associates (Trades, Portfolio) with 0.48%, George Soros (Trades, Portfolio) with 0.24%, Druckenmiller with 0.16% and John Hussman (Trades, Portfolio) with 0.08%.

Freeport-McMoRan Inc. Class B (FCX) with a market cap of $19.41 billion has gained 94.8% year to date. The guru's stake represents 4.68% of his total assets.

Over the last 12 months the price has risen by 99%, trading now 282.95% above its 52-week low and 17.90% below its 52-week high.

GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of -136.65% and ROA of -19.06% are underperforming 89% of the companies in the Global Copper industry. Financial strength has a rating of 4 out of 10. The cash to debt of 0.06 is below the industry median of 7.78.

The largest shareholder among the gurus is Carl Icahn (Trades, Portfolio) with 7.22% of outstanding shares followed by Druckenmiller with 0.34%, Mario Gabelli (Trades, Portfolio) with 0.34%, Simons with 0.27%, Ken Heebner (Trades, Portfolio) with 0.13%, Steven Cohen (Trades, Portfolio) with 0.03% and Jeremy Grantham (Trades, Portfolio) with 0.03%.

Agnico Eagle Mines Ltd. (AEM) with a market cap of $9.75 billion has gained 61.2% year to date. The guru's stake represents 2.54% of his total assets. It is a gold mining company. It is engaged in production and sale of gold as well as exploration and mine development. Its mining operations are located in Canada, Mexico and Finland.

Over the last 12 months the price has risen by 66%, and the stock is trading now 27.79% below its 52-week high and 67.50% above its 52-week low. It is overpriced by 1,057% since the DCF calculator gives a fair value of $3.75. The Peter Lynch earnings line gives a fair value of $5.3.

GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of 1.85% and ROA of 1.15% are outperforming 76% of the companies in the Global Gold industry. Financial strength has a rating of 6 out of 10. The cash to debt of 0.60 is below the industry median of 7.87.

First Eagle Investment is the largest shareholder among the gurus with 5.63% of outstanding shares followed by John Paulson (Trades, Portfolio) with 0.56%, Druckenmiller with 0.24%, Arnold Van Den Berg (Trades, Portfolio) with 0.08%, Ray Dalio (Trades, Portfolio) with 0.08% and Hussman with 0.06%.

Micron Technology Inc. (MU) with a market cap of $24.48 billion has gained 54.8% year to date. The guru's stake represents 1.46% of his total assets. The company and its subsidiaries manufacture semiconductor systems. Its products include DRAM, NAND Flash and NOR Flash. It is the basis for solid-state drives, modules, multichip packages and other system solutions.

Over the last 12 months has risen by 57%, trading now 5.80% below its 52-week high and 139.21% above its 52-week low.

GuruFocus gives the stock a profitability and growth rating of 5 out of 10. The ROE of -2.47% and ROA of -1.15% are underperforming 71% of the companies in the Global Semiconductor Memory industry. Financial strength has a rating of 5 out of 10. The cash to debt of 0.43 is below the industry median of 1.57.

The largest shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with 5.65% of outstanding shares followed by Donald Smith (Trades, Portfolio) with 1.39%, Heebner with 0.32%, Pioneer Investments (Trades, Portfolio) with 0.29%, Cohen with 0.26%, Jerome Dodson (Trades, Portfolio) with 0.21 and Druckenmiller with 0.08%.

Nucor Corp. (NUE) with a market cap of $19.81 billion has gained 51.4% year to date. The guru's stake represents 0.88% of his total assets.

The company and its affiliates are manufacturers of steel and steel products. It also produces direct reduced iron for use in the company's steel mills.

Over the last 12 months the price has risen by 51% trading now 10.40% below its 52-week high and 79.73% above its 52-week low. The stock is overpriced by 256% at the price of $60.93. The DCF calculator gives a fair value of $17.12. The Peter Lynch earnings line gives a fair value of $24.

GuruFocus' profitability and growth rating is 7 out of 10. The ROE of 6.77% and ROA of 3.47% are outperforming 71% of the companies in the Global Steel industry. Financial strength has a rating of 6 out of 10. The cash to debt of 0.54 is above the industry median of 0.30.

T Rowe Price Equity Income Fund (Trades, Portfolio) is the largest shareholder among the gurus with 0.91% of outstanding shares followed by Simons with 0.3%, Druckenmiller with 0.06%, Soros with 0.06%, Pioneer Investments with 0.05% and Cohen with 0.03%.

Pioneer Natural Resources Co. (PXD) with a market cap of $30.83 billion has gained 43.7% year to date. The guru's stake represents 0.89% of his total assets. It is an independent oil and gas exploration and production company with operations in the U.S.

Over the last 12 months the price has risen by 46% trading now 6.85% below its 52-week high and 75.51% above its 52-week low.

GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of -11.87% and ROA of -7.15% are outperforming 59% of the companies in the Global Oil & Gas E&P industry. Financial strength has a rating of 5 out of 10. The cash to debt of 0.82 is above the industry median of 0.63.

The largest shareholder among the gurus is Simons with 0.24% of outstanding shares followed by John Griffin (Trades, Portfolio) with 0.22%, Cohen with 0.19%, Pioneer Investments with 0.13%, Wallace Weitz (Trades, Portfolio) with 0.09%, Druckenmiller with 0.03%, Eric Mindich (Trades, Portfolio) with 0.03%, Dalio with 0.03% and T Boone Pickens (Trades, Portfolio) with 0.02%.

EOG Resources Inc. (EOG) with a market cap of $58.38 billion has gained 43.8% year to date. The guru's stake represents 2.31% of his total assets.

The company explores for, develops, produces and markets crude oil and natural gas in the U.S., Trinidad, United Kingdom, China, Argentina and, from time to time, select other international areas.

Over the last 12 months the price has risen by 43% trading now 7.40% below its 52-week high and 77.22% above its 52-week low.

GuruFocus gives the stock a profitability and growth rating of 7 out of 10. The ROE of -9.91% and ROA of -4.69% are outperforming 62% of the companies in the Global Oil & Gas E&P industry. Financial strength has a rating of 5 out of 10. The cash to debt of 0.15 is below the industry median of 0.63.

PRIMECAP Management is the largest shareholder among the gurus with 0.38% of outstanding shares followed by Pioneer Investments with 0.24%, Diamond Hill Capital (Trades, Portfolio) with 0.22%, RS Investment Management (Trades, Portfolio) with 0.1%, Westport Asset Management (Trades, Portfolio) with 0.06%, Druckenmiller with 0.05%, Simons with 0.05% and John Rogers (Trades, Portfolio) with 0.04%.

Disclosure: I do not own any shares of any stocks mentioned in this article.

Start a free seven-day trial of Premium Membership to GuruFocus.

This article first appeared on GuruFocus.


Advertisement