Billionaire Stanley Druckenmiller Is Quietly Loading Up on Healthcare Stocks -- Here's What His New Positions Reveal
Duquesne Family Office has beefed up its healthcare holdings.
Overview
Billionaire Stanley Druckenmiller, who runs the Duquesne Family Office hedge fund, has been loading up on healthcare stocks. A year ago, healthcare stocks represented almost 22% of the fund's portfolio. Today, that representation is up to more than 36%.
His fund's top holding is Natera (NASDAQ: NTRA), a cell-free DNA (cfDNA) testing company that represents about 17% of the fund's portfolio. In the second quarter, Duquesne bought an additional 122,700 shares of Natera.
Details
The fund concentrates capital in high-conviction biotech and medtech bets while rotating in and out of cyclical stocks. Here's a glimpse into Duquesne's strategy.
Source
Originally published at www.fool.com.
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