Druckenmiller's Duquesne adds Microsoft, IQVIA, exits Cenovus Energy, Lennar
Kevin Dietsch

Duquesne Family Office, run by famed investor Stanley Druckenmiller, took new positions in Microsoft (NASDAQ:MSFT), IQVIA (NYSE:IQV), and Alphabet (NASDAQ:GOOGL), among others, during Q1 2023, according to its latest 13F filing.
The firm exited investments in Cenovus Energy (NYSE:CVE), Lennar (NYSE:LEN), Deere (NYSE:DE), and Occidental Petroleum (NYSE:OXY).

It increased stakes in Nvidia (NASDAQ:NVDA) to 791K shares from ~583K, Lamb Weston Holdings (NYSE:LW) to ~1.98M shares from ~1.66M, and Teck Resources (NYSE:TECK) to ~3.24M shares from 1.78M.
The firm also trimmed its holdings in Chevron (NYSE:CVX) to ~224K shares from ~984K, Eli Lilly (NYSE:LLY) to 606K shares from ~738K shares, and Meta Platforms (NASDAQ:META) to ~240K shares from ~902K, according to the filing.
Last week, Druckenmiller said he sees a hard landing coming with more bankruptcies likely. In addition, he has bet against the U.S. dollar.