Billionaire Stanley Druckenmiller’s 2023 Portfolio: Top 5 Stock Picks

Page 5 of 5

1. Coupang, Inc.(NYSE:CPNG)

Hedge Fund Stake Value: $302.4 million

South Korean e-commerce company Coupang, Inc.(NYSE:CPNG) tops the list of the top stock picks of billionaire Stanley Druckenmiller. The billionaire owns a $302.4 million stake in Coupang, Inc.(NYSE:CPNG) as of the end of the first quarter, unchanged when compared to the previous quarter.

Coupang, Inc.(NYSE:CPNG) shares have gained 16% over the past one year.

Earlier in May, Coupang, Inc.(NYSE:CPNG) posted its first quarter results. GAAP EPS in the period came in at $0.05, in-line with estimates. Revenue in the period jumped 13.3% year over year to $5.8 billion, beating estimates by $160 million.

You can also take a peek at 20 Fastest-Growing Cities in the Southeast and 25 Best US Cities for People With Allergies.

Page 5 of 5