ARGT rose 0.6% during a period when billionaire Stanley Druckenmiller's investment firm Duquesne reduced its position in Argentina-related investments by 19%, according to recent 13F filings. The 13F filing season provides quarterly snapshots of hedge fund and major investor holdings. Druckenmiller's firm had previously made a successful bet on Argentina. The reduction of this position was noted as noteworthy given the investment's strong performance. The timing coincides with ETF industry discussions, as ARGT is part of the $14 trillion global ETF market. The specific reasons for Druckenmiller's position reduction were not detailed in the available source material.
Read full analysisARGT rose 0.6% during a period when billionaire Stanley Druckenmiller's investment firm Duquesne reduced its position in Argentina-related investments by 19%, according to recent 13F filings. The 13F filing season provides quarterly snapshots of hedge fund and major investor holdings. Druckenmiller's firm had previously made a successful bet on Argentina. The reduction of this position was noted as noteworthy given the investment's strong performance. The timing coincides with ETF industry discussions, as ARGT is part of the $14 trillion global ETF market. The specific reasons for Druckenmiller's position reduction were not detailed in the available source material.
The Global X MSCI Argentina ETF tracks an index of Argentine equities, giving US investors concentrated exposure to Argentina's economy — primarily financials, energy, and materials companies. The ETF has been exceptionally volatile throughout February 2026, with repeated daily swings of 1–4.5% on thin volume and without clear catalysts, reflecting the liquidity challenges of single-country emerging market exposure. Today's quiet session on negligible volume fits the broader pattern of drift without conviction.