Stanley Druckenmiller's Strategic Moves: A Deep Dive into NVIDIA's Significant Portfolio Reduction

GuruFocus.com05-16

Insights from the First Quarter 13F Filing of 2024 Stanley Druckenmiller (Trades, Portfolio), a renowned figure in the investment world, recently disclosed his first quarter 13F filing for 2024. Born ...

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Born ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stanley-druckenmillers-strategic-moves-deep-230443435.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2264538146.SGD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","start_time":0,"source_url":"https://finance.yahoo.com/news/stanley-druckenmillers-strategic-moves-deep-230443435.html","article_id":"2435069912","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/z_.yAeCN3RYvzF1j7jIQfg--~B/aD05MDI7dz0xMjQyO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/us.finance.gurufocus/a4237a26d252c410f34285fd713eb5c2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2435069912","pubTimestamp":1715814283,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Insights from the First Quarter 13F Filing of 2024. Stanley Druckenmiller , a renowned figure in the investment world, recently disclosed his first quarter 13F filing for 2024. Born in 1953 in Pittsburgh, Pennsylvania, Druckenmiller is the President, CEO, and Chairman of Duquesne Capital, which he founded in 1981 and later transformed into a family office in 2010. His investment career includes a notable period managing money for George Soros  from 1988 to 2000, where he was the lead portfolio manager for the Quantum Fund. Druckenmiller's investment approach is heavily influenced by Soros, focusing on a top-down strategy that involves both long and short positions across various asset classes including stocks, bonds, currencies, and futures.GuruFocus has detected 5 Warning Sign with MSFT.Coherent Corp , with 2,525,070 shares, making up 3.49% of the portfolio and valued at $153 million.Discover Financial Services , comprising 645,205 shares, which represent about 1.93% of the portfolio,","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LLY":"礼来","PSQ":"纳指反向ETF","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","KMI":"金德尔摩根","LU0444971666.USD":"天利全球科技基金","BK4549":"软银资本持仓","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4105":"独立电力生产商与能源贸易商","BK4548":"巴美列捷福持仓","LW":"Lamb Weston Holdings, Inc.","BK4127":"投资银行业与经纪业","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","MSFT":"微软",".IXIC":"NASDAQ Composite","BK4168":"多种金属与采矿","VST":"Vistra Energy Corp.","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","BK4161":"工业机械","BK4554":"元宇宙及AR概念","LU0114720955.EUR":"SUSTAINABLE GLOBAL HEALTH CARE \"A\" INC","QID":"纳指两倍做空ETF","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","TQQQ":"纳指三倍做多ETF","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU2491050071.SGD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (SGDHDG) ACC","COHR":"COHERENT","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4157":"电子设备和仪器","LU2491050154.USD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (USD) ACC","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","WWD":"伍德沃德","LU0056508442.USD":"贝莱德世界科技基金A2","IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","SQQQ":"纳指三倍做空ETF","DFS":"发现金融","BK4543":"AI","QLD":"纳指两倍做多ETF","UBS":"瑞银","BK4166":"消费信贷","NTRA":"Natera, Inc.","TECK":"泰克资源有限公司","QQQ":"纳指100ETF","LU0109392836.USD":"富兰克林科技股A","CPNG":"Coupang, Inc.","NVDA":"英伟达"},"translate_title":"斯坦利·德鲁肯米勒的战略举措：深入探究英伟达的重大投资组合缩减","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WWD":1,"VST":1,"UBS":1,"TECK":1,"LLY":1,"KMI":1,"LW":1,"MSFT":1,"NTRA":1,"COHR":1,"CPNG":1,"DFS":1,"NVDA":0.9,".IXIC":0.9,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TQQQ":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Insights from the First Quarter 13F Filing of 2024\nStanley Druckenmiller (Trades, Portfolio), a renowned figure in the investment world, recently disclosed his first quarter 13F filing for 2024. Born in 1953 in Pittsburgh, Pennsylvania, Druckenmiller is the President, CEO, and Chairman of Duquesne Capital, which he founded in 1981 and later transformed into a family office in 2010. His investment career includes a notable period managing money for George Soros (Trades, Portfolio) from 1988 to 2000, where he was the lead portfolio manager for the Quantum Fund. Druckenmiller's investment approach is heavily influenced by Soros, focusing on a top-down strategy that involves both long and short positions across various asset classes including stocks, bonds, currencies, and futures.\n\nWarning! GuruFocus has detected 5 Warning Sign with MSFT.\n\n\nSummary of New Buys\nStanley Druckenmiller (Trades, Portfolio) expanded his portfolio by adding a total of 42 stocks. Noteworthy new acquisitions include:\n\nCoherent Corp (NYSE:COHR), with 2,525,070 shares, making up 3.49% of the portfolio and valued at $153 million.\nDiscover Financial Services (NYSE:DFS), comprising 645,205 shares, which represent about 1.93% of the portfolio, with a total value of $84.58 million.\nKinder Morgan Inc (NYSE:KMI), with 3,880,500 shares, accounting for 1.62% of the portfolio and a total value of $71.17 million.\n\nKey Position Increases\nDruckenmiller also increased his stakes in 15 stocks, with significant boosts in:\n\nNatera Inc (NASDAQ:NTRA), adding 1,036,350 shares, bringing the total to 1,929,380 shares. This represents a 116.05% increase in share count, impacting 2.16% of the current portfolio, valued at $176.46 million.\nWoodward Inc (NASDAQ:WWD), with an additional 549,595 shares, bringing the total to 954,230. This adjustment marks a 135.82% increase in share count, valued at $147.07 million.\n\nSummary of Sold Out Positions\nDuring the first quarter of 2024, Stanley Druckenmiller (Trades, Portfolio) exited 20 holdings, including:\n\nUBS Group AG (NYSE:UBS), where he sold all 2,414,735 shares, impacting the portfolio by -2.23%.\nLamb Weston Holdings Inc (NYSE:LW), liquidating all 539,209 shares, which had a -1.74% impact on the portfolio.\n\nKey Position Reductions\nDruckenmiller reduced his positions in 13 stocks, with the most notable changes in:\n\nNVIDIA Corp (NASDAQ:NVDA), reducing by 441,551 shares, which resulted in a -71.51% decrease in shares and a -6.52% impact on the portfolio. NVIDIA traded at an average price of $724.8 during the quarter and has seen a return of 30.25% over the past three months and 91.09% year-to-date.\nEli Lilly and Co (NYSE:LLY), reducing by 340,886 shares, resulting in an -84.68% reduction in shares and a -5.93% impact on the portfolio. The stock traded at an average price of $711.67 during the quarter and has returned 4.04% over the past three months and 35.49% year-to-date.\n\nPortfolio Overview\nAs of the first quarter of 2024, Stanley Druckenmiller (Trades, Portfolio)'s portfolio included 73 stocks. The top holdings were 10.67% in Microsoft Corp (NASDAQ:MSFT), 9.11% in Coupang Inc (NYSE:CPNG), 4.75% in Teck Resources Ltd (NYSE:TECK), 4.17% in Vistra Corp (NYSE:VST), and 4.02% in Natera Inc (NASDAQ:NTRA). The holdings are mainly concentrated in 9 of the 11 industries: Technology, Industrials, Consumer Cyclical, Healthcare, Basic Materials, Communication Services, Utilities, Financial Services, and Energy.\n\n\nThis article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.0","shortVersion":"4.24.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435069912"}