Soros, Druckenmiller Pared Megacap Holdings Ahead of Rout.

George Soros and Stanley Druckenmiller's investment firms reduced their holdings in several major technology companies before the recent downturn in mid-July. Soros Fund Management sold some of its stake in Alphabet Inc. and Amazon.com Inc., while Druckenmiller's Duquesne Family Office sold over 1.5 million shares of Nvidia Corp. Other investors, such as David Tepper's Appaloosa Management and David Bonderman's Wildcat Capital Management, also made similar cuts to their holdings. The filings indicate that investors took advantage of the rally in technology stocks before the market downturn. [Extracted from the article]