Druckenmiller’s Reduction Strategy

The legendary investor’s Duquesne Family Office sharply cut the number of stocks in its U.S. portfolio in the second quarter.

Stanley Druckenmiller (Victor J. Blue/Bloomberg)

Stanley Druckenmiller

(Victor J. Blue/Bloomberg)

Stan Druckenmiller cut back the size of his U.S. long equity portfolio in the second quarter.

The legendary investor, however, did not heavily slash his exposure to stocks, despite his publicly stated concerns about the market’s surge since the pandemic-induced selloff.

Druckenmiller’s Duquesne Family Office reported $3.48

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