Stanley Druckenmiller acquired 9.3 Million Coupang shares worth $253 Million. That's 7.91% of their entire equity portfolio (2nd largest holding). The first Coupang trade was made in Q1 2021. Since then Stanley Druckenmiller bought shares eight more times and sold shares on four occasions. The investor's estimated purchase price is $329 Million, resulting in a loss of 23%.
Stan Druckenmiller was one of the most successful hedge fund managers in American history, and 20% of his portfolio was invested in Microsoft and Coupang as ...
Billionaire stock picks are not necessarily the ones that most investors should choose.
https://www.investing.com/analysis/will-druckenmiller-help-power-coupang-stock-higher-200646332
The billionaire has allocated a substantial amount of his portfolio to Nvidia, Coupang, and Microsoft.