Druckenmiller dumps Alphabet, Amazon and Broadcom but Nvidia remains largest holding

by | Feb 14, 2024 | Stock Market

Duquesne Family Office, the investment vehicle belonging to famed macro investor Stanley Druckenmiller, dumped shares of Alphabet Inc., Amazon.com AMZN and Broadcom Inc. AVGO while scooping up shares of beaten-down gold miners Barrick Gold Corp. GOLD and Newmont Corp. NEM, according to a Wednesday filing with the Securities and Exchange Commission. The filing showed that the family office also bought shares of Adobe Inc. ADBE and Arista Networks ANET, two companies that have benefited from the artificial-intelligence craze,…

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Duquesne Family Office, the investment vehicle belonging to famed macro investor Stanley Druckenmiller, dumped shares of Alphabet Inc., Amazon.com AMZN and Broadcom Inc. AVGO while scooping up shares of beaten-down gold miners Barrick Gold Corp. GOLD and Newmont Corp. NEM, according to a Wednesday filing with the Securities and Exchange Commission. The filing showed that the family office also bought shares of Adobe Inc. ADBE and Arista Networks ANET, two companies that have benefited from the artificial-intelligence craze,…

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