Druckenmiller Rotates Out of AI High-Flyers Into Alphabet and Meta
Billionaire investor Stanley Druckenmiller has executed a strategic pivot, liquidating his stakes in Nvidia, Palantir Technologies, and Eli Lilly over the past year. The moves reflect a disciplined approach to valuation, with Druckenmiller citing Nvidia’s stretched multiples as a key factor in his exit during a Bloomberg interview.
In their place, the Duquesne family office has accumulated 102,200 shares of Alphabet and 76,100 shares of Meta Platforms. Both tech giants trade at discounts to Magnificent Seven peers—27x and 22x forward earnings respectively—while aggressively investing in AI to enhance advertising platforms and cloud infrastructure.
The rotation underscores a broader market tension: while AI pure-plays like Nvidia command premium valuations, established tech players are leveraging their cash flows to close the innovation gap. Alphabet’s Gemini AI and Meta’s open-source Llama models exemplify this arms race.
