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Key News Points
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Billionaire investor Stanley Druckenmiller sold over 18,800 shares of Tesla (NASDAQ: TSLA) during the second quarter of 2023, marking a complete exit from the electric vehicle manufacturer.
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In the same quarter, Druckenmiller acquired 6,537,160 shares of Warner Bros. Discovery (NASDAQ: WBD), valued at over $44 million, as rumors of a potential acquisition by Paramount Skydance emerged.
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The deadline for institutional investors to file Form 13F with the SEC was on August 14, 2023, providing a glimpse into the trading activity of leading money managers for the quarter.
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