Stanley Druckenmiller (Trades, Portfolio), president, CEO and chairman of Duquesne Capital, bought and sold shares in some high-profile companies in the fourth quarter, including Facebook Inc. (FB, Financial), Amazon.com (AMZN, Financial), Wells Fargo & Co. (WFC, Financial) and Alphabet Inc. (GOOGL, Financial).
Druckenmiller’s most noteworthy transaction in the fourth quarter was the reduction of his stake in Facebook, a Menlo Park, California-based social networking service, by more than 38%. Druckenmiller sold 1,562,806 shares for an average price of $102.98 per share. The deal had a -11.95% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake in Facebook, now 2,530,494 shares, is 0.09% of the company’s outstanding shares and 27.1% of Druckenmiller’s total assets. Frank Sands (Trades, Portfolio) is Facebook’s leading shareholder among the gurus with a stake of 24,017,872 shares in his portfolio. The stake is 0.84% of Facebook’s outstanding shares and 6.48% of Sands’ total assets.
Facebook has a P/E of 105.4, a forward P/E of 28.3, a P/B of 6.8 and a P/S of 16.7. GuruFocus gives Facebook a Financial Strength rating of 7/10 and a Profitability and Growth rating of 7/10.
Facebook sold for $103.26 per share Thursday.
Druckenmiller trimmed his stake in HDFC Bank Ltd. (HDB, Financial), a banking and financial services company based in India, by more than 51%. Druckenmiller sold 512,500 shares for an average price of $60.38 per share. The transaction had a -2.66% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake is now 491,100 shares, which is 0.06% of the company’s outstanding shares and 3.1% of Druckenmiller’s total assets. HDFC’s leading shareholder among the gurus is Ken Fisher (Trades, Portfolio) with a stake of 7,682,756 shares. The stake is 0.92% of the company’s outstanding shares and 0.94% of Fisher’s total assets.
HDFC has a P/E of 22.2, a forward P/E of 19.5, a P/B of 3.4 and a P/S of 9. GuruFocus gives HDFC a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
HDFC sold for $55.34 per share Thursday.
Druckenmiller raised 92,700 shares to his stake in Amazon.com, a Seattle-based ecommerce company. Druckenmiller paid an average price of $633.28 per share in a deal that had a 6.41% impact on his portfolio.
Druckenmiller’s stake, now 190,000 shares, is 0.04% of Amazon’s outstanding shares and 13.14% of Druckenmiller’s total assets. Amazon’s leading shareholder among the gurus is Chase Coleman (Trades, Portfolio) with a stake of 3,193,590 shares. The stake is 0.68% of Amazon’s outstanding shares and 17.35% of Chase Coleman (Trades, Portfolio)’s total assets.
Amazon has a P/E of 739.4, a forward P/E of 52.1, a P/B of 18.4 and a P/S of 2.3. GuruFocus gives Amazon a Financial Strength rating of 6/10 and a Profitability and Growth rating of 7/10.
Amazon sold for $525 per share Thursday.
Druckenmiller acquired a 417,800-share stake in Raytheon Co. (RTN, Financial), a Waltham, Massachusetts-based defense contractor, for an average price of $120.57 per share. The transaction had a 5.32% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake is 0.14% of Raytheon’s outstanding shares and 5.32% of Druckenmiller’s total assets. James Barrow (Trades, Portfolio) is Raytheon’s leading shareholder among the gurus with a stake of 11,029,095 shares. The stake is 3.69% of Raytheon’s outstanding shares and 2.05% of Barrow’s total assets.
Raytheon has a P/E of 17.9, a forward P/E of 15.3, a P/B of 3.6 and a P/S of 1.6. GuruFocus gives Raytheon a Financial Strength rating of 8/10 and a Profitability and Growth rating of 7/10.
Raytheon sold for $121.58 per share Thursday.
Druckenmiller purchased a 135,600-share stake in Northrop Grumman Corp. (NOC, Financial), a West Falls Church, Virginia-based aerospace and defense technology company, for an average price of $183.75 per share. The deal had a 2.62% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake is 0.07% of Northrop Grumman’s outstanding shares and 2.62% of Druckenmiller’s total assets. First Eagle Investment (Trades, Portfolio) is Northrop Grumman’s leading shareholder among the gurus with a stake of 3,950,842 shares. The stake is 2.18% of the company’s outstanding shares and 1.86% of First Eagle’s total assets.
Northrop Grumman has a P/E of 18.6, a forward P/E of 15.6, a P/B of 6.4 and a P/S of 1.6. GuruFocus gives Northrop Grumman a Financial Strength rating of 5/10 and a Profitability and Growth rating of 7/10.
Northrop Grumman sold for $192.68 per share Thursday.
Druckenmiller invested in a 32,800-share stake in Alphabet, the Mountain View, California-based parent company of Google, for an average price of $742.51 per share. The transaction had a 2.61% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake is 2.61% of the guru’s total assets. Alphabet’s leading shareholder among the gurus is PRIMECAP Management (Trades, Portfolio) with a stake of 2,577,639 shares. The stake is 0.37% of Alphabet’s outstanding shares and 2.05% of PRIMECAP’s total assets.
Alphabet has a P/E of 31.7, a forward P/E of 18.7, a P/B of 4.2 and a P/S of 7.3. GuruFocus gives Alphabet a Financial Strength rating of 9/10 and a Profitability and Growth rating of 8/10.
Alphabet sold for $717.51 per share Thursday.
Druckenmiller purchased a 1.6 million-share stake in Pure Storage Inc. (PSTG, Financial), a Mountain View, California-based enterprise data flash storage company, for an average price of $16.9 per share. The deal had a 2.55% impact on Druckenmiller’s portfolio.
Druckenmiller’s stake is 0.84% of the company’s outstanding shares and 2.55% of the guru’s total assets. Chase Coleman (Trades, Portfolio) is Pure Storage’s leading shareholder among the gurus with a stake of 5,242,615 shares. The stake is 2.76% of the company’s outstanding shares and 0.66% of the guru’s total assets.
Pure Storage has a P/B of 4.1 and a P/S of 5.2. GuruFocus gives Pure Storage a Financial Strength rating of 6/10 and a Profitability and Growth rating of 2/10.
Pure Storage sold for $12.81 per share Thursday.
Druckenmiller sold his 1,188,900-share stake in Wells Fargo, a banking and financial services company based in San Francisco, for an average price of $54.36 per share. The divestiture had a -5.19% impact on Druckenmiller’s portfolio.
Warren Buffett (Trades, Portfolio) is Wells Fargo’s leading shareholder among the gurus with a stake of 479,704,270 shares. The stake is 9.39% of Wells Fargo’s outstanding shares and 19.78% of Buffett’s total assets.
Wells Fargo has a P/E of 11.5, a forward P/E of 10.3, a P/B of 1.4 and a P/S of 2.9. GuruFocus gives Wells Fargo a Financial Strength rating of 6/10 and a Profitability and Growth rating of 5/10.
Wells Fargo sold for $47.73 per share Thursday.
Druckenmiller sold his 438,379-share stake in Workday Inc. (WDAY, Financial), a Pleasanton, California-based financial management and human capital management software dealer, for an average price of $80.15 per share. The transaction had a -2.57% impact on Druckenmiller’s portfolio.
Sands is Workday’s leading shareholder among the gurus with a stake of 5,745,060 shares. The stake is 2.96% of Workday’s outstanding shares and 1.18% of Sands’ total assets.
Workday has a P/B of 9.4 and a P/S of 9.7. GuruFocus gives Workday a Financial Strength rating of 9/10 and a Profitability and Growth rating of 4/10.
Workday sold for $54.04 per share Thursday.
Druckenmiller sold his 1,078,400-share stake in JD.com (JD, Financial), an ecommerce company based in Beijing, for an average price of $29.59 per share. The deal had a -2.39% impact on Druckenmiller’s portfolio.
JD.com’s leading shareholder among the gurus is Chase Coleman (Trades, Portfolio) with a stake of 59,615,495 shares. The stake is 4.36% of JD.com’s outstanding shares and 15.46% of the guru’s total assets.
JD.com has a forward P/E of 40.2, a P/B of 5.7 and a P/S of 1.3. GuruFocus gives JD.com a Financial Strength rating of 6/10 and a Profitability and Growth rating of 3/10.
JD.com sold for $25.33 per share Thursday.
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