Billionaire Stanley Druckenmiller Dumped 94% of His Fund’s Amazon Stake and Piled Into a Scorching-Hot Chip Stock for the First Time in 8 Years | The Motley Fool

Although earnings season is the pinnacle for most investors each quarter, don’t overlook the value of Form 13F filings with regulators. A 13F details which stocks Wall Street’s savviest money managers bought and sold in the latest quarter. This includes Duquesne Family Office’s seasoned billionaire investor, Stanley Druckenmiller.

Duquesne’s 13F shows that Druckenmiller sent shares of e-commerce goliath Amazon (AMZN 3.04%) to the chopping block, while at the same time piling into one of Wall Street’s red-hot chip stocks, Intel (INTC +4.22%).

Amazon nearly got the heave-ho

In each of the final two quarters of 2025, Duquesne’s billionaire boss was a buyer of Amazon stock. He opened a position by purchasing 437,070 shares during the September-ended quarter, and tacked on an additional 300,870 shares in the fourth quarter. When 2025 came to a close, Amazon was Duquesne’s seventh-largest position by market value.

But that’s ancient history. Druckenmiller…