Billionaire Stanley Druckenmiller Sold Palantir Stock and Is Piling Into This Specialized AI Chipmaker Instead

Wall Street investors are often seen as possessing a sage-like insight that sets them apart from everyday participants. While many institutional traders do employ advanced algorithmic strategies, their moves are not entirely hidden from the public.The Securities and Exchange Commission (SEC) requires firms managing $100 million or more in stocks to file a form 13F at the end of each quarter. These filings reveal which stocks were bought and sold, offering investors a rare window into where "smart money" is moving. One investor I follow closely is Stanley Druckenmiller of the Duquesne Family Office.Earlier this year, Druckenmiller exited Duquesne's stake in data analytics specialist Palantir Technologies. Meanwhile, over the past four quarters, he has been steadily building a position in Taiwan Semiconductor Manufacturing (NYSE: TSM).Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool