Billionaire investor Stanley Druckenmiller opened several new stock positions during the fourth quarter, including a trio of airline stocks. Securities filings released Friday showed that Druckenmiller’s Duquesne Family Office added positions American Airlines , Delta Air Lines and United Airlines during the final three months of 2024. United was the biggest of the three positions at $101.4 million. Duquesne also reported having call options on all three travel stocks, giving the fund another way to benefit if the stocks rise. Outside of airlines, Duquesne bought stakes in tech giant Amazon and entertainment stock Warner Brothers Discovery . Those positions were worth $72 million and $49.2 million, respectively, at the end of December. Duquesne also added a position worth $72.3 million in Skechers . The biggest holding for Duquesne remains Natera , a genetic testing company, according to securities filings and VerityData. Duquesne also hiked its position in Teva Pharmaceutical , which is now its fourth-largest position. One notable sale for Druckenmiller was Broadcom . Duquesne closed out a position in the chip stock that was worth more than $41 million at the end of the third quarter. The quarterly filing gives a snapshot of the Duquesne holdings as of Dec. 31. It does not show trades during the quarter or reflect any changes made since the end of the period. Druckenmiller told CNBC in January that there was renewed optimism among business executives and investors after the election of President Donald Trump. “We do a lot of talking to CEOs and companies on the ground. And I’d say CEOs are somewhere between relieved and giddy. So we’re a believer in animal spirits ,” the billionaire said. Druckenmiller rose to prominence as the manager of George Soros’ Quantum Fund in the 1990s, helping on a famous bet against the British pound, and had a long track record of success on his own with Duquesne Capital Management before closing the firm in 2010.
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