Billionaire Stanley Druckenmiller has abruptly sold about $61 million of exposure to artificial intelligence infrastructure while lifting his Amazon stake by more than 1,000%.
New filings show Druckenmiller’s Duquesne Family Office exited all 195,955 Broadcom shares (AVGO) in the second quarter and added 495,800 Amazon (AMZN) shares.
Broadcom designs custom chips and networking gear that large technology firms use to train and run artificial intelligence systems.
The fund had opened that stake in the first quarter.
Meanwhile, the firm’s Amazon common-stock stake rose from 45,800 shares to 541,600 shares, an increase of 1,083%. That holding was valued at about $129 million at the end of June.
The same filing shows the office also sold out of Intel and Micron while adding a new Alphabet position of 336,300 shares.
Reported U.S. stock holdings rose to about $5.21 billion across 95 positions as of June 30th of 2026. The form was filed with the SEC on August 14th of 2026.
Duquesne Family Office is the New York firm that manages Druckenmiller’s public-equity book.
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