Hedge fund manager Stanley Druckenmiller reduced Sandisk holdings and increased stakes in three AI-linked stocks last quarter.
Billionaire hedge fund manager Stanley Druckenmiller sold part of his Sandisk (SNDK) position and bought shares in Taiwan Semiconductor (TSM), Alphabet (GOOG, GOOGL), and Amazon (AMZN) during Q2. The moves were disclosed in a recent SEC Form 13-F filing, required for funds managing over $100 million in assets.
Druckenmiller’s Duquesne Family Office shifted focus toward AI-related stocks, despite Sandisk’s strong first-half performance. The 13-F filing provides a quarterly snapshot of portfolio changes, offering insights into long-term investment strategies rather than short-term trades.
The three newly acquired stocks are viewed as attractive AI plays, reflecting Druckenmiller’s strategic pivot in the sector.