Billionaires Bet on Beaten-Down Growth Stocks Amid Market Shift

Wall Street's obsession with high-flying tech stocks has created overlooked opportunities in more reasonably priced growth names. Prominent billionaires are now capitalizing on this disparity, shifting funds toward undervalued assets with rebound potential.

Stanley Druckenmiller's Duquesne Family Office and activist investor Daniel Loeb's Third Point Capital have taken notable positions in DocuSign (DOCU), a pandemic darling now trading 76% below its 2021 peak. The eSignature leader continues demonstrating growth despite cooling from its 2020 frenzy.

Quarterly 13F filings reveal these institutional moves, offering retail investors a roadmap for potential recovery plays. The trend underscores a broader rotation into quality assets battered by market sentiment rather than fundamentals.