- Legendary investor and possible GOAT Stanley Druckenmiller bets big on energy.
- Warren Buffet takes a big stake in Citi and dumps Wells Fargo.
- Buffet also likes energy with his large stake in Occidental.
The latest 13F filings make for some interesting reading and allow us to belatedly copy some of the world's leading investors and traders. Here we follow two of the most legendary. Stanley Druckenmiller was a one-time employee of Geroge Soros's Quantum Fund before Druck set out on his own. He is arguably the greatest trader of all time with an incredible record of 30 years of gains and in that time has reportedly only had five losing quarters. Five losing quarters out of 120 is a truly incredible feat. Warren Buffet really needs no introduction, and through his Berkshire Hathaway investment letters he has been giving investment advice to the public for free for decades.
Warren Buffet likes Occidental and Citi, exits Wells Fargo
The latest 13F reports show what was widely publicized, Warren Buffet was buying large amounts of Occidental Petroleum (OXY). Buffet's Berkshire Hathaway now owns just over 136 million shares in OXY stock, about 15% of the company. Other notable stakes are 55 million shares in Citi (C), which is close to 2.5% of the entire company. Wells Fargo (WFC), Abbvie (ABBV), Bristol Myers Squib (BMY) and Verizon (VZ) are the big losers, according to the latest filings for Berkshire. Apple (AAPL) remains one of the favorites, and earlier this month Warren Buffet told CNBC he had bought more Apple stock, $600 million worth. Interestingly, another hedge fund titan, Ray D'Alio of Bridgewater, has taken a stake in Berkshire.
Stanley Druckenmiller bets big on energy
In the first quarter of 2022, Stanley Druckenmiller took positions in Coterra Energy (CTRA), as well as Philips (PSX), and topped up an existing position in Chevron (CVX). Druckenmiller's biggest positions are in Coupang (CPNG) and Microsoft (MSFT). He also holds a position in Palantir (PLTR) stock, a meme and retail favorite that has suffered huge falls this year. Interestingly, he also has a put position on the S&P 500 (SPY) ETF. Druckenmiller has significantly reduced positions in Expedia (EXPE) and Booking (BKNG). Snapchat (SNAP) was also another position that was heavily reduced, dropping his holding by over 80%.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
Gold pulls back from record highs of $3,500
Gold price retreats from $3,500, new all-time high, in the European session on Tuesday as buyers pause for a breather amid overbought conditions on short-term charts. Any meaningful corrective downfall, however, still seems elusive on persistent US Dollar downtrend.
EUR/USD battles 1.1500 as US Dollar looks to stabilize
EUR/USD is battling 1.1500 in the European session on Tuesday. The pair loses traction as the US Dollar finds its feet even as investors remain wary of the US financial stability amid Trump's attacks on Fed Chair Powell. Speeches from ECB and Fed officials are on the radar.
GBP/USD reverses below 1.3400 as US Dollar pauses decline
GBP/USD is back below the 1.3400 mark in the European trading hours on Tuesday, feeling the heat from the pause in the US Dollar decline. But the pair's further dowside appears limited as fears of a US economic slowdown and concerns about the Fed's independence will continue to remain a headwind for the Greenback.
3% of Bitcoin supply in control of firms with BTC on balance sheets: The good, bad and ugly
Bitcoin disappointed traders with lackluster performance in 2025, hitting the $100,000 milestone and consolidating under the milestone thereafter. Bitcoin rallied past $88,000 early on Monday, the dominant token eyes the $90,000 level.
Five fundamentals for the week: Traders confront the trade war, important surveys, key Fed speech Premium
Will the US strike a trade deal with Japan? That would be positive progress. However, recent developments are not that positive, and there's only one certainty: headlines will dominate markets. Fresh US economic data is also of interest.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.