Legendary investor Stanley Druckenmiller's Duquesne Family Office sold its entire position in Intel (INTC) during the second quarter of 2026. The sale liquidated all 411,400 shares, a stake valued at approximately $18.16 million at the end of the first quarter. This trade information was disclosed in a quarterly 13F filing with the SEC, which is made public with a significant delay and reflects portfolio changes made between April 1 and June 30, 2026.
The move was part of a broader rotation for Duquesne, which also exited positions in other semiconductor companies like Micron and Broadcom. During the same period, Druckenmiller's firm shifted capital towards AI-related data center and digital infrastructure companies. Intel's stock saw significant gains in the second quarter, and some reports suggest the sale could be attributed to profit-taking. Intel reported strong Q2 results in late July, with revenue up 25% year-over-year, beating estimates.