Reported 2 days ago
Stanley Druckenmiller's Duquesne Family Office has made significant portfolio changes by purchasing two million shares of the SPDR S&P Regional Banking ETF (KRE) and selling off remaining shares of Nvidia (NVDA). This strategy signals a shift from tech stocks, which are facing valuation concerns ahead of earnings, to regional banks that may benefit from improved economic conditions and recent interest rate cuts. Druckenmiller's major investment remains in biotechnology firm Natera, Inc. (NTRA), which has surged 180% over the past year.
Source: YAHOO