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Feb 18, 2026 12:01 PM

Druckenmiller's Samba Strategy: Billionaire Buys Into Brazil, Out Of Big Tech

Legendary trader Stanley Druckenmiller is changing the rhythm of his portfolio to a samba beat.  

Known for his ability to spot inflection points before the herd, Druckenmiller's Duquesne Family Office's latest 13F filing reveals a new rotation: the Brazil trade is in and most Silicon Valley darlings are out.

The EWZ is moving. See the chart and price action here.

The Brazil Rotation 

Druckenmiller's highest-conviction new move is a massive bet on the iShares MSCI Brazil ETF (NYSE:EWZ). In the fourth quarter of 2025, Duquesne initiated a position of approximately 3.55 million shares—valued at over $113 million—making it a top-10 holding.

Typical of his aggressive style, the billionaire did not stop with shares—he also loaded up on EWZ call options. This leverage suggests he's hunting for a violent move ...