5 Best Stan Druckenmiller Stocks Other Billionaires Are Also Piling Into

In this article, we discuss 5 best Stan Druckenmiller stocks other billionaires are also piling into. You can read our detailed analysis of Druckenmiller’s hedge fund and its performance over the years and go directly to read 10 Best Stan Druckenmiller Stocks Other Billionaires Are Also Piling Into.

5. Eli Lilly And Co (NYSE:LLY)

Number of Billionaires Holding Stakes: 20
Duquesne Capital’s Equity Stakes: $243.92 Million

Indianapolis, Indiana, based Eli Lilly And Co (NYSE:LLY) is one of the healthcare investment plays that billionaires have been piling into.

In its Q3 2023 investor letter, Carillon Clarivest Capital Appreciation Fund commented on Eli Lilly And Co (NYSE:LLY):

“Eli Lilly and Company (NYSE:LLY), the drug manufacturer, announced the completion of previously disclosed acquisitions of Versanis Bio and Sigilon Therapeutics, as it continues to expand its pipeline for diabetes and weight-loss medications. Shares gained after its sales and earnings per share exceeded estimates and a competitor’s study on the beneficial results of these treatments reported positive data.”

[/company-follow-email]

4. General Electric Co (NYSE:GE)

Number of Billionaires Holding Stakes: 21
Duquesne Capital’s Equity Stakes: $81.38 Million

Boston, Massachusetts-based General Electric Co (NYSE:GE) is an industrial investment play.

Here is what Longleaf Partners Fund said about General Electric Company (NYSE:GE) in its Q3 2023 investor letter:

“After a busy first half of the year, we initiated one new position in the quarter in a business we have successfully owned previously and were able to buy again at a discount within a new corporate structure. We opportunistically trimmed and added to several positions throughout the quarter, and we exited General Electric Company (NYSE:GE) and our small position in Hasbro after the share price ran away from us. GE was a multi-year portfolio holding for us that started out rocky but ultimately was a good illustration of owning a “quality” business that was temporarily viewed as “value” (aka, perceived as low quality) before ultimately being weighed properly by the market. CEO Larry Culp was a great partner, creating significant value for shareholders and closing the price-to-value gap. Under his leadership, GE materially improved its operations and is well under way on plans to simplify the business by separating it into three world-class companies. The market has finally caught up with reality versus perception and is pricing GE accordingly. Unfortunately, this means we no longer see a margin of safety for the business but will continue to watch GE and Culp closely and hope to have the opportunity to partner with him again.”

[/company-follow-email]

3. NVIDIA Corp (NASDAQ:NVDA)

Number of Billionaires Holding Stakes: 29
Duquesne Capital’s Equity Stakes: $380.47 Million

NVIDIA Corp (NASDAQ:NVDA) remains the talk of Wall Street and one of the best Stan Druckenmiller stocks other billionaires are piling into amid the artificial intelligence frenzy. NVIDIA Corp (NASDAQ:NVDA) has become a trillion-dollar empire amid solid demand for graphic processing units to power data centers, personal computers, and mobile devices.

In its Q3 2023 investor letter, White Brook Capital shared its perspective on NVIDIA Corporation (NASDAQ: NVDA) as follows:

“The magnificent seven, that underpin the S&P 500 performance, which includes NVIDIA Corporation (NASDAQ:NVDA), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”

[/company-follow-email]

2. Alphabet Inc (NASDAQ:GOOG)

Number of Billionaires Holding Stakes: 34
Duquesne Capital’s Equity Stakes: $109.71 Million

Alphabet Inc (NASDAQ:GOOG) is one of the best Stan Druckenmiller stocks other billionaires are piling into in the communication service sector.

Alphabet Inc (NASDAQ:GOOG) has been one of the beneficiaries of the artificial intelligence frenzy, having already unveiled its AI-powered chatbot ChatGPT. Alphabet Inc (NASDAQ:GOOG) is one of the latest additions to Duquesne Capital’s portfolio, with the acquisition of stakes worth $109.71 million in Q3 2023.

[/company-follow-email]

1. Microsoft Corporation (NASDAQ:MSFT)

Number of Billionaires Holding Stakes: 34
Duquesne Capital’s Equity Stakes: $321.20 Million

Microsoft Corporation (NASDAQ:MSFT) is the best Stan Druckenmiller stock other billionaires are piling into.

About 34 billionaires hold stakes in the company, which explains why Microsoft Corporation (NASDAQ:MSFT) is up by about 55% for the year. Duquesne Capital increased its stake in Microsoft Corporation (NASDAQ:MSFT) by 23% in the third quarter to $321.2 million.

In its Q3 2023 investor letter, White Brook Capital mentioned about Microsoft Corporation (NASDAQ:MSFT). Here is what it said:

“The magnificent seven, that underpin the S&P 500 performance, which includes Microsoft Corporation (NASDAQ:MSFT), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”

[/company-follow-email]

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get  the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also check out our articles on 12 Best Growth Stocks to Buy According to Billionaire Ray Dalio’s Bridgewater Associates and Billionaire Paul Singer’s Recent Activist Targets and Top Stock Picks.