5 Stocks Billionaire Stan Druckenmiller Just Bought and Sold

4. Teck Resources Limited (NYSE:TECK)

Duquesne’s Q3 2023 Investment: $176 million

Bought Or Sold: Bought

Percentage Increase or (-)Decrease: 21%

Teck Resources Limited (NYSE:TECK) is a mining company that digs for silver, zinc, and other materials. The firm has been struggling on the financial front as of late since it has missed analyst EPS estimates in all four of its latest quarters.

As of June 2023, 79 out of the 910 hedge funds profiled by Insider Monkey had held a stake in the company. Eric W. Mandelblatt’s Soroban Capital Partners was Teck Resources Limited (NYSE:TECK)’s biggest shareholder during 2023’s September quarter as it owned $433 million worth of shares.

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