• Stan Druckenmiller’s Duquesne Family Office dropped its holdings in Alibaba Group (NYSE:BABA), Google-parent Alphabet (NASDAQ:GOOGL), and Amazon.com (NASDAQ:AMZN) in Q4 2023, according to its latest 13F.
• Other notable exits are: Transocean Limited (NYSE:RIG), Opendoor Technologies (NASDAQ:OPEN), and T-Mobile US (NASDAQ:TMUS).
• The firm took new stakes in Barrick Gold (NYSE:GOLD) with 1.76M shares and Newmont Corp. (NYSE:NEM) with 474K, Flex (NASDAQ:FLEX) (1.13M shares), and Tempur Sealy International (NYSE:TPX) (749K shares).
• It trimmed stakes in Lamb Weston (NYSE:LW) to 539K shares from 1.83M, News Corp class A shares (NASDAQ:NWSA) to ~217K from 4.77M, and Canadian Pacific Kansas City (NYSE:CP) to 47.5K shares from 119K.
• Meanwhile, it bolstered holdings in Coupang (NYSE:CPNG) to 22.9M shares from 20.9M, Teck Resources (NYSE:TECK) to 5.52M shares from ~4.11M, and Seagate Technology (NASDAQ:STX) to 2.12M shares from 915K, according to the 13F.

LINK to SeekingAlpha