Scoopfeeds — Intelligent news, curated.
Billionaire Stanley Druckenmiller Dumped 94% of His Fund's Amazon Stake and Piled Into a Scorching-Hot Chip Stock for the First Time in 8 Years
business

Billionaire Stanley Druckenmiller Dumped 94% of His Fund's Amazon Stake and Piled Into a Scorching-Hot Chip Stock for the First Time in 8 Years

Yahoo Finance · Jun 2, 2026, 9:26 AM

Key takeaways

  • A 13F details which stocks Wall Street s savviest money managers bought and sold in the latest quarter.
  • Duquesne s 13F shows that Druckenmiller sent shares of e-commerce goliath Amazon (NASDAQ: AMZN) to the chopping block, while at the same time piling into one of Wall Street s red-hot chip stocks, Intel (NASDAQ: INTC).
  • In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.

Sean Williams, The Motley Fool Tue, June 2, 2026 at 4:26 PM GMT+7 4 min read NVDA AMZN INTC Although earnings season is the pinnacle for most investors each quarter, don t overlook the value of Form 13F filings with regulators. A 13F details which stocks Wall Street s savviest money managers bought and sold in the latest quarter. This includes Duquesne Family Office s seasoned billionaire investor, Stanley Druckenmiller.

Duquesne s 13F shows that Druckenmiller sent shares of e-commerce goliath Amazon (NASDAQ: AMZN) to the chopping block, while at the same time piling into one of Wall Street s red-hot chip stocks, Intel (NASDAQ: INTC).

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop