--- title: "Stanley Druckenmiller Dumps Amazon And Alphabet While Loading Up On Commodities, Argentina And Biotech" type: "News" locale: "en" url: "https://longbridge.com/en/news/286786688.md" description: "Billionaire investor Stanley Druckenmiller significantly reduced his stakes in Amazon and Alphabet while increasing investments in commodities, Argentina, and biotech during Q1. His firm cut Amazon by 94% and exited Alphabet entirely, while boosting positions in YPF and the Global X MSCI Argentina ETF. Druckenmiller also expanded his semiconductor and biotech holdings, indicating a shift towards macro-oriented investments beyond AI-driven tech stocks." datetime: "2026-05-18T14:12:25.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286786688.md) - [en](https://longbridge.com/en/news/286786688.md) - [zh-HK](https://longbridge.com/zh-HK/news/286786688.md) --- # Stanley Druckenmiller Dumps Amazon And Alphabet While Loading Up On Commodities, Argentina And Biotech Billionaire investor **Stanley Druckenmiller** sharply reduced exposure to major technology and consumer internet names during the first quarter as **Duquesne Family Office** repositioned toward commodities, Latin America and healthcare. ## Amazon And Alphabet Stakes Cut The firm cut its direct position in **Amazon.com, Inc.** (NASDAQ:AMZN) by roughly 94% while completely exiting **Alphabet Inc.** (NASDAQ:GOOGL) (NASDAQ:GOOG), according to its latest 13F filing. Duquesne also sold out of positions in **DocuSign, Inc.** (NASDAQ:DOCU), **Delta Air Lines, Inc.** (NYSE:DAL), **DoorDash, Inc.** (NASDAQ:DASH) and **Goldman Sachs Group, Inc.** (NYSE:GS). The moves come as many hedge funds continue debating whether AI-driven mega-cap technology stocks still have room to run after massive gains over the past two years. **Read Also: Nvidia May Be Returning To China — But It May Not Regain Control** ## Argentina And Commodity Trades Grow While trimming big tech exposure, Druckenmiller aggressively expanded several macro-oriented positions. The hedge fund boosted its stake in **YPF Sociedad Anonima** (NYSE:YPF) by 433% and initiated a new position in the **Global X MSCI Argentina ETF** (NYSE:ARGT). Duquesne also maintained sizable exposure to Brazil through the **iShares MSCI Brazil ETF** (NYSE:EWZ) while increasing positions tied to industrial and commodity demand, including **Alcoa Corp** (NYSE:AA), **Cleveland** (NYSE:CLF) and **Southern Copper Corp** (NYSE:SCCO). The filing additionally showed a fresh stake in the **iShares GSCI Commodity** (NYSE:GSG), reinforcing the broader commodity theme across the portfolio. ## Broadcom, Intel And Biotech Names Added Druckenmiller did not completely abandon technology. The filing revealed new semiconductor positions in **Broadcom Inc.** (NASDAQ:AVGO), **Intel Corp** (NASDAQ:INTC), **STMicroelectronics N.V.**(NYSE:STM), **Micron Technology, Inc.** (NASDAQ:MU) and **Arm Holdings plc** (NASDAQ:ARM). But unlike many hedge funds heavily concentrated in AI hyperscalers, Duquesne's chip exposure appeared more diversified across infrastructure, memory and industrial semiconductor demand. The filing also showed expanded healthcare and biotech bets, including new positions in **Caris Life Sciences, Inc.** (NASDAQ:CAI) and **Revolution Medicines, Inc.** (NASDAQ:RVMD), alongside a more than 500% increase in **ADMA Biologics Inc** (NASDAQ:ADMA). Overall, Druckenmiller's latest filing suggested one of Wall Street's most famous macro investors may be looking far beyond the AI trade for the market's next big opportunity. **Read Also: Coatue Cuts Tesla Position By 96%, Trims Nvidia While Buying Lucid And Hertz** _Photo: Shutterstock_ ### Related Stocks - [ARGT.US](https://longbridge.com/en/quote/ARGT.US.md) - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [DOCU.US](https://longbridge.com/en/quote/DOCU.US.md) - [DAL.US](https://longbridge.com/en/quote/DAL.US.md) - [DASH.US](https://longbridge.com/en/quote/DASH.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [YPF.US](https://longbridge.com/en/quote/YPF.US.md) - [EWZ.US](https://longbridge.com/en/quote/EWZ.US.md) - [AA.US](https://longbridge.com/en/quote/AA.US.md) - [CLF.US](https://longbridge.com/en/quote/CLF.US.md) - [SCCO.US](https://longbridge.com/en/quote/SCCO.US.md) - [GSG.US](https://longbridge.com/en/quote/GSG.US.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [STM.US](https://longbridge.com/en/quote/STM.US.md) - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [ARM.US](https://longbridge.com/en/quote/ARM.US.md) - [CAI.US](https://longbridge.com/en/quote/CAI.US.md) - [RVMD.US](https://longbridge.com/en/quote/RVMD.US.md) - [ADMA.US](https://longbridge.com/en/quote/ADMA.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [STMEF.US](https://longbridge.com/en/quote/STMEF.US.md) - [RVMDW.US](https://longbridge.com/en/quote/RVMDW.US.md) ## Related News & Research - [Celonis Collaborates with AWS to Optimize Business Operations with Industrialized Enterprise AI](https://longbridge.com/en/news/286805137.md) - [Latest News In Cloud AI - LaunchDarkly's AgentControl Revolutionizes AI Agent Management](https://longbridge.com/en/news/286911368.md) - [Alphabet or Micron: Top Investor Chooses the Elite AI Stock to Buy](https://longbridge.com/en/news/286798746.md) - [NVIDIA Earnings Preview: Wall Street Pros Boost Stock Targets Amid AI Boom](https://longbridge.com/en/news/286652507.md) - [Seven Post Investment Office LP Invests $1.11 Million in Alphabet Inc. $GOOGL](https://longbridge.com/en/news/286531511.md)