Billionaire old fox bets $1 billion on stocks you've never heard of!
Stan Druckenmiller, this veteran big shot from the beautiful country, quietly pulled out $1.027 billion and poured it into three obscure stocks you might not have even noticed. What does this mean? Smart money has already taken a seat at the table!
The largest investment is in Natera (NTRA), a company involved in cancer gene screening, with $520 million invested, betting on the future wave of precision medicine.
Next is Teva Pharmaceuticals (TEVA), the Israeli generics giant, which he bought 148 million shares of, with a market value of $250 million.
The third is Coupang (CPNG), the Amazon of the South Korean e-commerce scene, holding 9.3 million shares, also exceeding $250 million.
These three stocks account for a third of the entire portfolio of the Druckenmiller family office.
Meanwhile, traditional popular stocks like Seagate Technology, Skechers, and United Airlines have quietly seen reductions in holdings.