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Soros, Druckenmiller Pared Megacap Holdings Ahead of Summer Rout

Soros, Druckenmiller Pared Megacap Holdings Ahead of Summer Rout

George Soros and Stanley Druckenmiller’s investment firms trimmed their holdings in “Magnificent Seven” stocks before this year’s ebullient run-up in technology companies gave way to a major downturn in mid-July.Soros Fund Management sold some of its stake in Alphabet Inc. totaling $58 million, and about $15 million of Amazon.com Inc., according to regulatory filings for the three months ended in June. Source link lol
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