Reply To: Traders Market Weekly: China, NVidia, BRICS and Jackson Hole Risks


Stan Druckenmiller’s Duquesne adds GE, Builders FirstSource, exits AMD

Stan Druckenmiller’s Duquesne Family Office took new stakes in General Electric (NYSE:GE) with 736K shares, Builders FirstSource (NYSE:BLDR) with 310K shares, PTC (NASDAQ:PTC) with 273K shares, Canadian Pacific Kansas City (NYSE:CP) with ~124K shares, DoorDash (NYSE:DASH) with ~207K shares, and UBS (NYSE:UBS) with ~760K shares, the company disclosed in its 13F filing for the quarter ended June 30, 2023.

It exited stakes in Advanced Micro Devices (NASDAQ:AMD), Alphabet (NASDAQ:GOOG), Barrick Gold (NYSE:GOLD), Palantir Technologies (NYSE:PLTR), and Alibaba Group (NYSE:BABA).

The firm reduced its holdings in Amazon (NASDAQ:AMZN) to 218K shares from ~808K, KBR (NYSE:KBR) to 506K from ~1.80M shares, Meta Platforms (NASDAQ:META) to ~55K shares from ~240K shares, and Iqvia Holdings (NYSE:IQV) to ~199K shares from ~475K shares.

Duquesne also increased its holdings in Option Care Health (NASDAQ:OPCH) to 4.39M shares from ~804K shares, News Corp (NASDAQ:NWSA) A shares to 4.52M shares from 2.76M shares, News Corp B shares (NASDAQ:NWS) to ~731K shares from ~614K shares, and T-Mobile US (NASDAQ:TMUS) to 1.18M shares from 498K, according to the filing.