Billionaire Stanley Druckenmiller Dumped 2 of His Top Performers — Teva and Taiwan Semiconductor — and Made This Sector-Based ETF His Fund’s New No. 2 Holding

Duquesne Family Office’s billionaire boss meaningfully pared down two high-flying stocks in the fourth quarter and made a $301 million wager on a popular sector-based exchange-traded fund (ETF).

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