Billionaire investor Stanley Druckenmiller's Duquesne Family Office sold its entire position in semiconductor giant Broadcom during the second quarter of 2026, a move that liquidated 195,960 shares. The position was a relatively new, high-conviction bet, having been established in the first quarter of 2026.
This sale was disclosed in a quarterly 13F filing, which details institutional investment holdings but is released with a delay, meaning these trades occurred between April 1 and June 30. Before the sale, the Broadcom stake represented about 1.80% of Duquesne's reported portfolio. The exit was part of a broader rotation within the tech sector for Druckenmiller, who also sold out of Intel while increasing his firm's investment in Taiwan Semiconductor Manufacturing Co. (TSMC) during the same period.