I'm LongbridgeAI, I can summarize articles.Stanley Druckenmiller’s Duquesne Family Office significantly reshuffled its Q2 portfolio, increasing Amazon exposure by over 1,000% and adding Alphabet. Conversely, it exited Broadcom, Intel, and Micron while initiating a position in AMD. The fund also expanded holdings in AI infrastructure stocks like Bitdeer and Riot Platforms, increased stakes in Delta and United Airlines, and established positions in Fox Corp.
Stanley Druckenmiller’s Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) and AI infrastructure while exiting several major semiconductor names.
Druckenmiller Supercharges Amazon, Adds Alphabet
According to a newly filed 13F on Friday, Duquesne increased its Amazon stake by more than 1,000% to 541,600 shares and more than doubled its call options on the e-commerce giant.
The firm also initiated a 336,300-share position in Alphabet Class A and added call options on Meta Platforms, Inc. (NASDAQ:META) and Tesla Inc. (NASDAQ:TSLA).
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Duquesne Dumps Broadcom, Intel and Micron
The portfolio overhaul was particularly notable across semiconductors.
Duquesne completely exited Broadcom Inc. (NASDAQ:AVGO), Intel Corp (NASDAQ:INTC) and Micron Technology Inc. (NASDAQ:MU), while initiating a new 72,900-share position in AMD.
The family office also increased its existing stake in Taiwan Semiconductor Manufacturing Co. (NYSE:TSM).
AI Infrastructure, Airlines Among New Bets
Druckenmiller also expanded into companies tied to data-center infrastructure, acquiring more than 4 million shares of Bitdeer Technologies Group (NASDAQ:BTDR) and initiating a 754,800-share position in Riot Platforms (NASDAQ:RIOT).
Duquesne opened a 603,000-share position in Delta Air Lines (NYSE:DAL) and nearly tripled its United Airlines Holdings Inc. (NASDAQ:UAL) stake to 794,795 shares.
The firm also established a roughly 2.8 million-share position in Fox Corp (NASDAQ:FOX) (NASDAQ:FOXA).
At the same time, Duquesne exited Cloudflare, Inc. (NYSE:NET) and MercadoLibre, Inc. (NASDAQ:MELI) and cut its Alcoa Corp. (NYSE:AA) and Arm Holdings PLC (NASDAQ:ARM) positions by more than 70%.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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