Billionaire investor Stanley Druckenmiller made a notable return to megacap technology last quarter, rebuilding sizable stakes in Amazon and Meta , while placing a fresh bet on newly public stablecoin issuer Figure Technology , according to a new regulatory filing. Druckenmiller's Duquesne Family Office initiated a $96 million position in Amazon and a $56 million holding in Meta during the third quarter. Both stocks have been familiar trades for the famed macro investor, who has moved in and out of them over the past several years as he navigated shifting market cycles. Duquesne also opened a $77 million position in Figure Technology, which recently went public in September. Figure is attempting to bring blockchain-based payments to mainstream finance through its USDF stablecoin consortium

See Full Page