Druckenmiller Cuts Equity Exposure

Tracking the Duquesne Family Office’s biggest third-quarter buys and sells.

Christopher Goodney/Bloomberg

Christopher Goodney/Bloomberg

Stanley Druckenmiller’s exposure to U.S. stocks in the third quarter shrunk to its lowest level since the first quarter of 2020. The legendary macro investor’s Duquesne Family Office reported that it had a little less than $3.1 billion in U.S. long common stocks at the end of the quarter, according to its most recent 13F filing.

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