<\/p>\n
Billionaire Stanley Druckenmiller is boosting his stake in a pair of Magnificent 7 stocks while eliminating exposure to the banking industry.<\/p>\n
New filings<\/a> show Duquesne Family Office bolstered its holdings in Alphabet (GOOGL) by 277% to 385,000 shares and its holdings in Amazon (AMZN) by 69% to 737,940 shares.<\/p>\n Meanwhile, Druckenmiller exited positions in Citigroup (C), Bank of America (BAC), and Capital One (COF). The filings show that Duquesne Family Office dumped 989,250 shares of BAC, 514,850 shares of C and 43,920 shares of COF, bringing the firm\u2019s total to zero.<\/p>\n Other noteworthy stocks that were cut by Druckenmiller include social media powerhouse Meta Platforms (META), formerly known as Facebook, sporting goods store Dick\u2019s Sporting Goods (DKS) and the restaurant chain Texas Roadhouse (TXRH).<\/p>\n New stock acquisitions include Delta Air Lines (DAL), financial services titan Goldman Sachs (GS), and real estate giant Zillow (Z).<\/p>\n According to the data, Duquesne Family Office is worth just under $4.5 billion as of the end of last year, up nearly $500 million from the last quarter.<\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>  <\/p>\n Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Billionaire Stanley Druckenmiller is boosting his stake in a pair of Magnificent 7 stocks while eliminating exposure to the banking industry. New filings show Duquesne Family Office bolstered its holdings in Alphabet (GOOGL) by 277% to 385,000 shares and its holdings in Amazon (AMZN) by 69% to 737,940 shares. Meanwhile, Druckenmiller exited positions in Citigroup […]<\/p>\n","protected":false},"author":2,"featured_media":420741,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-420740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/420740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=420740"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/420740\/revisions"}],"predecessor-version":[{"id":420742,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/420740\/revisions\/420742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/420741"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=420740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=420740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=420740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n
\nDon’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
\n
\nCheck Price Action<\/a><\/span><\/em>
\n
\nSurf The Daily Hodl Mix<\/a><\/span><\/em>
\n<\/p>\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n