Stan Druckenmiller’s Big Fourth-Quarter Moves

The legendary macro trader bet big on two popular stocks — and liquidated two others.

Victor J. Blue/Bloomberg

Victor J. Blue/Bloomberg

Stan Druckenmiller made sizable investments in two widely held hedge fund stocks and fully liquidated two others in the last quarter of 2022, in what was an active period in general for the legendary macro investor.

According to its most recent quarterly 13F filing, Druckenmiller’s Duquesne Family Office increased its stake in Facebook parent Meta Platforms more than fivefold in the fourth quarter, making it the portfolio’s fifth-largest U.S.

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