Neilson Barnard/Getty Images Stanley Druckenmiller slashed his exposure to Nvidia by 72% in the first quarter, according to 13F filings. The billionaire investor also initiated a new bullish position in small caps and added to his copper exposure. Here are the big investment moves Druckenmiller made last quarter. Billionaire investor Stanley Druckenmiller slashed his exposure to AI darling Nvidia by 72% in the first quarter, according to a 13F filing with the Securities and Exchange Commission.Druckenmiller's Duquense Family Office, which manages about $4.4 billion, sold 441,551 shares of Nvidia in the first quarter.Druckenmiller was taking profits on what turned out to be a massive winning trade for him.
Stanley Druckenmiller Slashed His Nvidia Stake By 72% Last Quarter As The Stock Nearly Doubled
mfox@businessinsider.com (Matthew Fox), Business Insider
Thu, 05/16/2024 - 10:01am
Topics: neilson barnard/getty images billionaire securities exchange commission druckenmiller's duquense family office whale wisdom march russell duquense microsoft south korean coupang freeport mcmoran sohn investment conference business insider druckenmiller stanley druckenmiller nvidia druckenmiller's us quarter stock position copper million small bet exposure bullish investor trade big options cap biggest caps call massive purchased economy sold shares fourth total surged
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05/26/2024 - 6:13 am | View Link - Billionaire Stan Druckenmiller Sold Nvidia and Bought This Undervalued ETF Instead
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