Two weeks ago, on Feb. 17, institutional investors with at least $100 million in assets under management were required to file Form 13F with regulators. A 13F is an invaluable data set that allows investors to track which stocks and exchange-traded funds (ETFs) Wall Street's preeminent money managers bought and sold in the latest quarter. Following Warren Buffett's retirement, Stanley Druckenmille...
Two weeks ago, on Feb. 17, institutional investors with at least $100 million in assets under management were required to file Form 13F with regulators. A 13F is an invaluable data set that allows investors to track which stocks and exchange-traded funds (ETFs) Wall Street's preeminent money managers bought and sold in the latest quarter. Following Warren Buffett's retirement, Stanley Druckenmiller of Duquesne Family Office is, arguably, Wall Street's savviest billionaire investor. According to Duquesne's 13F, its billionaire boss was a decisive seller of two top-performing stocks during the fourth quarter -- Teva Pharmaceutical Industries (TEVA 4.32%) and Taiwan Semiconductor Manufacturing (TSM 4.33%), commonly known as "TSMC" -- and a big-time buyer of an ultra-popular sector-based ETF. Billionaire Stanley Druckenmiller is paring down two of his biggest winners According to Duquesne's latest 13F filing, Druckenmiller reduced his fund's position in Teva Pharmaceutical by 10,719,065 shares (a 65% cut) and sent 222,000 shares of TSMC to the chopping block (a 29% reduction). If you're wondering why one of Wall Street's most prominent billionaire money managers is heading for the exit, look no further than the respective outperformance of these two stocks. Expand NYSE : TEVA Teva Pharmaceutical Industries Today's Change ( -4.32 %) $ -1.46 Current Price $ 32.31 Key Data Points Market Cap $37B Day's Range $ 31.71 - $ 32.86 52wk Range $ 12.46 - $ 37.34 Volume 308K Avg Vol 9.4M Gross Margin 51.82 % Shares of Teva have effectively doubled since Druckenmiller began building a sizable position during the third quarter of 2024. Under CEO Richard Francis, Teva has placed more emphasis on higher-margin novel drug development, which has translated into stronger sales growth. This boost in the company's top-line comes after years of cost-cutting and non-core asset sales that have meaningfully improved the financial flexibility of Teva's balance sheet. Meanwhile, Taiwan Semiconduct...
Key Points Form 13Fs help investors track which stocks and exchange-traded funds (ETFs) Wall Street's most successful money managers bought and sold in the latest quarter. Profit-taking looks to have been on billionaire Stanley Druckenmiller's mind when he notably reduced his fund's stakes in Teva Pharmaceutical and Taiwan Semiconductor in the fourth quarter. Meanwhile, Duquesne's billionaire boss...
Key Points Form 13Fs help investors track which stocks and exchange-traded funds (ETFs) Wall Street's most successful money managers bought and sold in the latest quarter. Profit-taking looks to have been on billionaire Stanley Druckenmiller's mind when he notably reduced his fund's stakes in Teva Pharmaceutical and Taiwan Semiconductor in the fourth quarter. Meanwhile, Duquesne's billionaire boss piled into a sector ETF that's highly sensitive to interest rate shifts. 10 stocks we like better than Select Sector SPDR Trust - State Street Financial Select Sector SPDR ETF › Two weeks ago, on Feb. 17, institutional investors with at least $100 million in assets under management were required to file Form 13F with regulators. A 13F is an invaluable data set that allows investors to track which stocks and exchange-traded funds (ETFs) Wall Street's preeminent money managers bought and sold in the latest quarter. Following Warren Buffett's retirement, Stanley Druckenmiller of Duquesne Family Office is, arguably, Wall Street's savviest billionaire investor. According to Duquesne's 13F, its billionaire boss was a decisive seller of two top-performing stocks during the fourth quarter -- Teva Pharmaceutical Industries (NYSE: TEVA) and Taiwan Semiconductor Manufacturing (NYSE: TSM), commonly known as "TSMC" -- and a big-time buyer of an ultra-popular sector-based ETF. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Billionaire Stanley Druckenmiller is paring down two of his biggest winners According to Duquesne's latest 13F filing, Druckenmiller reduced his fund's position in Teva Pharmaceutical by 10,719,065 shares (a 65% cut) and sent 222,000 shares of TSMC to the chopping block (a 29% reduction). If you're wondering why one of Wall Street's most prominent billionaire money managers is heading for the exit,...
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 Yahoo Finance
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 Yahoo Finance
(RTTNews) - European shares steadied on Wednesday after U.S. President Donald Trump indicated that the U.S. Navy would escort oil tankers through the Strait of Hormuz to safeguard maritime trade in the Gulf and help stabilize surging global energy prices. Additionally, the U.S. Development Finance Corporation (DFC) has confirmed its readiness to extend political risk insurance and guarantees for e...
(RTTNews) - European shares steadied on Wednesday after U.S. President Donald Trump indicated that the U.S. Navy would escort oil tankers through the Strait of Hormuz to safeguard maritime trade in the Gulf and help stabilize surging global energy prices. Additionally, the U.S. Development Finance Corporation (DFC) has confirmed its readiness to extend political risk insurance and guarantees for energy shipments passing through the Gulf. With European thermal-coal prices surging to their highest level since October 2023 and exchange prices for gas in Europe rising by 11 percent today, Europe is in crisis mode. Brent crude crossed $83 a barrel after Iran blocked the oil shipping channel in the Middle East. In economic releases, the HCOB Eurozone services PMI business activity index rose from 51.6 in January to 51.9, hitting two-month high and matching expectations. The pan European Stoxx 600 was up 0.3 percent at 606.25 after plunging 3.1 percent on Tuesday. The German DAX gained 0.3 percent and France's CAC 40 edged up by 0.1 percent while the U.K.'s FTSE 100 dropped 0.4 percent. Symrise shares fell nearly 2 percent. The German flavors and fragrances maker Symrise forecast a low single-digit decline in first-quarter organic sales. Sportswear maker Adidas lost 7 percent after announcing changes in its supervisory board. Tiremaker Continental fell 2.1 percent after it forecast a decline in revenue for 2026. Pharmaceuticals and crop protection group Bayer tumbled 3.8 percent after widening its Q4 loss due to litigation costs over its Roundup weedkiller. British homebuilder Vistry Group plummeted almost 18 percent after an announcement that its executive chairman Greg Fitzgerald would step down over the next year. France's Dassault Aviation rose 1.4 percent after 2025 sales topped forecasts. Engineering firm Weir Group lost 8 percent after full-year earnings dropped from last year. Shares of Dutch chip-making equipment supplier ASM International surged 4 percent. The co...
Brown Capital Management LLC lessened its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 79.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 877 shares of the software giant's stock after selling 3,376 shares during the period. Brown Capital Management LLC's holdings in Microsoft were worth $454,000 as of its most recent SEC filin...
Brown Capital Management LLC lessened its stake in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 79.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 877 shares of the software giant's stock after selling 3,376 shares during the period. Brown Capital Management LLC's holdings in Microsoft were worth $454,000 as of its most recent SEC filing. Other institutional investors have also recently made changes to their positions in the company. Silphium Asset Management Ltd lifted its position in shares of Microsoft by 39.9% during the 3rd quarter. Silphium Asset Management Ltd now owns 23,558 shares of the software giant's stock valued at $12,202,000 after buying an additional 6,720 shares in the last quarter. Raleigh Capital Management Inc. boosted its position in shares of Microsoft by 6.6% in the third quarter. Raleigh Capital Management Inc. now owns 11,466 shares of the software giant's stock worth $5,939,000 after purchasing an additional 713 shares during the period. Finer Wealth Management Inc. increased its stake in shares of Microsoft by 0.3% in the third quarter. Finer Wealth Management Inc. now owns 29,588 shares of the software giant's stock worth $15,325,000 after purchasing an additional 79 shares in the last quarter. Lord & Richards Wealth Management LLC raised its position in shares of Microsoft by 2.3% during the 3rd quarter. Lord & Richards Wealth Management LLC now owns 4,917 shares of the software giant's stock valued at $2,547,000 after purchasing an additional 110 shares during the period. Finally, Simmons Bank lifted its stake in shares of Microsoft by 0.5% during the 3rd quarter. Simmons Bank now owns 98,213 shares of the software giant's stock valued at $50,869,000 after buying an additional 474 shares in the last quarter. Institutional investors own 71.13% of the company's stock. Get Microsoft alerts: Sign Up Microsoft Stock Up 1.3% Shares of NASDAQ:MSFT opened at $403.93 on Wednesday. Th...
Envestnet Asset Management Inc. increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,030,769 shares of the software giant's stock after purchasing an additional 8,424 shares during the period. Microsoft makes up ...
Envestnet Asset Management Inc. increased its holdings in shares of Microsoft Corporation (NASDAQ:MSFT - Free Report) by 0.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,030,769 shares of the software giant's stock after purchasing an additional 8,424 shares during the period. Microsoft makes up 1.6% of Envestnet Asset Management Inc.'s portfolio, making the stock its 4th biggest position. Envestnet Asset Management Inc. owned approximately 0.15% of Microsoft worth $5,713,387,000 as of its most recent SEC filing. A number of other large investors have also bought and sold shares of the business. Longfellow Investment Management Co. LLC lifted its position in Microsoft by 51.3% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 59 shares of the software giant's stock valued at $29,000 after acquiring an additional 20 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Microsoft in the 3rd quarter valued at about $38,000. Sellwood Investment Partners LLC bought a new stake in shares of Microsoft in the third quarter valued at about $49,000. University of Illinois Foundation acquired a new position in shares of Microsoft during the second quarter worth about $50,000. Finally, LSV Asset Management bought a new position in shares of Microsoft during the fourth quarter worth about $44,000. 71.13% of the stock is owned by institutional investors. Get Microsoft alerts: Sign Up Wall Street Analysts Forecast Growth MSFT has been the topic of several research reports. Robert W. Baird set a $540.00 target price on Microsoft and gave the company an "outperform" rating in a research note on Thursday, January 29th. Morgan Stanley reiterated an "overweight" rating on shares of Microsoft in a report on Thursday, January 29th. DA Davidson restated a "buy" rating and set a $650.00 target price on shares of Microsoft in a report on Th...
The most famous suit in the world, Yves Saint Laurent’s Le Smoking, has returned to the Paris catwalk 60 years after its invention. Designed by the late couturier to be worn by men in smoking rooms to protect clothing from the smell of cigars, he adapted it for women, slimming the trousers and lapels. It wasn’t a runaway success – only one sold from his 1966 collection – but it became a global sym...
The most famous suit in the world, Yves Saint Laurent’s Le Smoking, has returned to the Paris catwalk 60 years after its invention. Designed by the late couturier to be worn by men in smoking rooms to protect clothing from the smell of cigars, he adapted it for women, slimming the trousers and lapels. It wasn’t a runaway success – only one sold from his 1966 collection – but it became a global symbol of power dressing and gender dismantling, and would appear in every collection until Saint Laurent retired in 2002. View image in fullscreen Wall Street meets Robert Palmer’s Addicted to Love: Anthony Vaccarello’s 2026 version of Yves Saint Laurent’s Le Smoking suit. Photograph: Stéphane Cardinale/Corbis/Getty Images Worn on the opening night of Paris fashion week by 14 models, each with one hand stuffed nonchalantly into a pocket, the 2026 version had been adapted further still by Saint Laurent’s current designer, Anthony Vaccarello, who was marking a decade in the job. It wasn’t the slinky tailoring synonymous with Saint Laurent but more of an 1980s Wall Street look, worn with maximal jewellery and a makeup palette ripped from Robert Palmer’s Addicted to Love video. Hot on the heels of Harry Styles’s black-and-white boucle pinstripe Chanel suit at the Brits, some even came in barely-there pinstripe, though they were more reminiscent of the dollar-saturated world of Wall Street than Nigel Farage. As if to hammer home the power-dressing theme, the coat section featured enormous jackets in knitted shearling and sky-high heels. View image in fullscreen Models show the Saint Laurent womenswear fall/winter 2026-2027 collection. Photograph: Stéphane Cardinale/Corbis/Getty Images Despite the distractions that come with a show staged in a modernist glass “apartment” in front of the Eiffel Tower lit up by 20,000 twinkling bulbs, Kate Moss and Michelle Pfeiffer on the front row and an oversized replica of a bust which Saint Laurent kept in his own home, current events had touche...
5 takeaways from the first primaries of the 2026 midterms toggle caption Brandon Bell/Getty Images The first primaries of the 2026 midterm campaign are in the books. The results in North Carolina and Texas could have big consequences for control of Congress. Not all the results are finalized as yet, but here are some takeaways from what is known: 1. Texas Republicans head for a runoff in the Senat...
5 takeaways from the first primaries of the 2026 midterms toggle caption Brandon Bell/Getty Images The first primaries of the 2026 midterm campaign are in the books. The results in North Carolina and Texas could have big consequences for control of Congress. Not all the results are finalized as yet, but here are some takeaways from what is known: 1. Texas Republicans head for a runoff in the Senate primary. Will Trump get involved? The three-way race between incumbent Sen. John Cornyn, state Attorney General Ken Paxton and Rep. Wesley Hunt meant that no one was able to get above 50% of the vote. That means 12 more weeks of the Texas Senate GOP primary — until May 26. This has already been the most expensive Senate primary in history, and another $100 million could be spent on top of the nearly $100 million that was already spent on just the Republican side, mostly to buoy Cornyn. Sponsor Message Cornyn vs. Paxton is really the old vestiges of the traditional GOP against the new MAGA pugilists. The question is whether President Trump will get involved and put his finger on the scale to pick the candidate he thinks can win. Trump avoided making an endorsement in the lead-up, saying he liked all three candidates, but with the Democratic side decided — state Rep. James Talarico defeated U.S. Rep. Jasmine Crockett — does Trump change his mind? He may decide that the money that would be spent among the warring Republicans in a likely GOP seat would be better spent on races in swing districts. Loading... 2. Will Democrats finally win in Texas? Texas has been Democrats' white whale, their Lucy and the football — getting close, but coming up just short. The Crockett campaign argued she would have a better shot because she could turn out new voters and fire up those who aren't enthusiastic about Democratic leadership. Talarico's supporters see his approach as the more likely to win a general election in Texas because he could potentially appeal to moderates. But the reality i...