Famous investors > Duquesne Family Office

Stanley Druckenmiller (Duquesne Family Office) portfolio and holdings

Stanley DruckenmillerMacro investors

As of end of Jun 2026 (filed Aug 14, 2026)

The family office of Stanley Druckenmiller, famous for the bet against the British pound with George Soros. It changes its holdings boldly as markets shift.

13F portfolio value$5.2B

Holdings95

Top 10 weight45.8%

Since last quarter48 new, 17 added, 10 reduced, 23 sold out

This quarter's moves (Q2 2026)

In Q2 2026 (Apr–Jun), Duquesne Family Office opened 43 new positions (Alphabet Inc., Fox Corporation, CDW Corporation, and others) and sold out of 23 (Broadcom Inc., Option Care Health, Inc., Figure Technology Solutions, Inc. Class A Common Stock, and others).

By value, the biggest additions were Amazon.com, Inc., United Airlines Holdings, Inc., Seagate Technology Holdings plc, and others, and the biggest reductions were Roku, Inc., Alcoa Corporation, Woodward, Inc., and others.

The largest holding is Natera, Inc. at 16.6% of the portfolio; the top five make up 32.1%.

NewAlphabet Inc., Fox Corporation, CDW Corporation, Bitdeer Technologies Group, and othersAddedAmazon.com, Inc., United Airlines Holdings, Inc., Seagate Technology Holdings plc, Taiwan Semiconductor Manufacturing Company Limited, and othersReducedRoku, Inc., Alcoa Corporation, Woodward, Inc., Teva Pharmaceutical Inds, and othersSold outBroadcom Inc., Option Care Health, Inc., Figure Technology Solutions, Inc. Class A Common Stock, Restaurant Brands International Inc., and others

Profile

Druckenmiller founded Duquesne Capital in 1981 and ran it for about 30 years until returning outside money in 2010. He also managed George Soros's Quantum Fund for part of that time. Duquesne is now his family office.

Track record

Reportedly averaged around 30% a year for about 30 years without a single losing year
In 1992, with Soros, bet on the fall of the British pound and made a huge profit

Based on public statements by the investor or firm and news reports.

By sector

Healthcare 26.3%Technology 22.0%Consumer Cyclical 7.4%Other / unknown 6.9%Communication Services 6.0%Industrials 5.5%Energy 2.9%Consumer Defensive 2.3%Basic Materials 2.0%

Holdings

Values use quarter-end prices. Changes compare with the previous quarter (end of Mar 2026).

#	Stock	Value	Weight	Shares	Change	Change %	% of shares out
1	NTRANatera, Inc.	$865M	16.60%	3,186,306	Added+122,700	+4.0%	2.21%
2	TSMTaiwan Semiconductor Manufacturing Company Limited	$282M	5.40%	589,680	Added+94,400	+19.1%	0.01%
3	STMSTMicroelectronics N.V.	$232M	4.46%	3,102,880	Added+490,000	+18.8%	0.35%
4	—Invesco Exchange Traded Fd TCall	$175M	3.35%	821,000	—	—	—
5	INSMInsmed Incorporated	$152M	2.92%	1,424,690	Added+270,600	+23.4%	0.65%
6	—Ishares IncCall	$146M	2.80%	4,228,000	—	—	—
7	INSMInsmed IncorporatedCall	$144M	2.76%	1,350,000	New		—
8	YPFYPF Sociedad Anónima	$143M	2.74%	3,138,897	Reduced−97,065	−3.0%	0.80%
9	AMZNAmazon.com, Inc.	$129M	2.48%	541,600	Added+495,800	+1,082.5%	0.01%
10	TBBBBBB Foods Inc.	$121M	2.32%	2,901,733	Reduced−207,469	−6.7%	2.41%
11	GOOGLAlphabet Inc.	$120M	2.31%	336,300	New		0.00%
12	—Ishares Inc	$119M	2.28%	3,436,170	—	—	—
13	STXSeagate Technology Holdings plc	$118M	2.26%	122,000	Added+71,300	+140.6%	0.05%
14	FOXAFox Corporation	$115M	2.21%	2,204,600	New		0.52%
15	AMZNAmazon.com, Inc.Call	$109M	2.10%	459,300	Added+259,300	+129.7%	—
16	UALUnited Airlines Holdings, Inc.	$108M	2.07%	794,795	Added+532,300	+202.8%	0.24%
17	SESea Limited	$105M	2.02%	1,099,905	—	—	0.18%
18	CDWCDW Corporation	$105M	2.01%	743,950	New		0.60%
19	—Newamsterdam Pharma Company	$104M	2.00%	3,070,146	—	—	—
20	—Ishares TrCall	$99.1M	1.90%	330,000	Added+251,000	+317.7%	—
21	SNDKSandisk Corporation	$79.4M	1.52%	34,900	Reduced−3,255	−8.5%	0.02%
22	RVMDRevolution Medicines, Inc.	$74.8M	1.44%	399,587	Added+83,727	+26.5%	0.19%
23	—State Str Spdr S&P 500 Etf TCall	$67.2M	1.29%	90,000	—	—	—
24	BTDRBitdeer Technologies Group	$64.7M	1.24%	4,074,993	New		1.79%
25	—Crh Plc	$59.2M	1.14%	553,555	Added+176,000	+46.6%	—
26	DALDelta Air Lines, Inc.	$56.5M	1.08%	603,000	New		0.09%
27	TSLATesla, Inc.Call	$53M	1.02%	126,000	New		—
28	FLRFluor Corporation	$51.5M	0.99%	982,200	New		0.73%
29	DHID.R. Horton, Inc.	$48.7M	0.93%	299,000	New		0.11%
30	CPNGCoupang, Inc.	$46.3M	0.89%	2,667,485	—	—	0.15%
31	AMDAdvanced Micro Devices, Inc.	$42.3M	0.81%	72,900	New		0.00%
32	PANWPalo Alto Networks, Inc.	$39.8M	0.76%	116,650	New		0.01%
33	CLFCleveland-Cliffs Inc.	$39.6M	0.76%	4,216,184	Added+1,902,729	+82.2%	0.74%
34	HUTHut 8 Corp.	$36.3M	0.70%	314,150	New		0.25%
35	CDWCDW CorporationCall	$35.2M	0.67%	250,000	New		—
36	CAICaris Life Sciences, Inc.	$33.8M	0.65%	1,894,450	—	—	0.67%
37	—Global X Fds	$30M	0.58%	328,800	Reduced−58,600	−15.1%	—
38	FOXFox Corporation	$29.6M	0.57%	632,600	New		0.14%
39	WWDWoodward, Inc.	$28.6M	0.55%	67,194	Reduced−144,161	−68.2%	0.11%
40	METAMeta Platforms, Inc.Call	$28.2M	0.54%	50,000	New		—
41	NUVBNuvation Bio Inc.	$25.8M	0.49%	4,539,800	—	—	1.29%
42	PTGXProtagonist Therapeutics, Inc.	$25.6M	0.49%	208,900	Added+49,200	+30.8%	0.32%
43	ROKURoku, Inc.	$25.4M	0.49%	184,055	Reduced−566,135	−75.5%	0.14%
44	CVCOCavco Industries, Inc.	$24.3M	0.47%	39,500	New		0.52%
45	ADMAADMA Biologics, Inc.	$23.3M	0.45%	2,784,110	Added+1,238,500	+80.1%	1.24%
46	PURRHyperliquid Strategies Inc Common Stock	$23.1M	0.44%	2,941,500	New		1.06%
47	RMBSRambus Inc.	$23M	0.44%	173,000	New		0.16%
48	RYTMRhythm Pharmaceuticals, Inc.	$22.6M	0.43%	203,618	New		0.30%
49	SKYChampion Homes, Inc.	$22.4M	0.43%	254,400	New		0.47%
50	DAKTDaktronics, Inc.	$22M	0.42%	1,123,109	Added+560,472	+99.6%	2.34%
51	PCTPureCycle Technologies, Inc.	$21.7M	0.42%	2,681,415	Added+1,718,226	+178.4%	1.33%
52	SCCOSouthern Copper Corporation	$21.4M	0.41%	123,060	Added+1,217	+1.0%	0.01%
53	LINLinde plc	$21.4M	0.41%	41,200	—	—	0.01%
54	ENTGEntegris, Inc.	$21.3M	0.41%	118,300	New		0.08%
55	—Teva Pharmaceutical Inds Ltd	$21.2M	0.41%	624,999	Reduced−1,752,286	−73.7%	—
56	UUnity Software Inc.	$21.1M	0.41%	738,785	—	—	0.17%
57	AEVAAeva Technologies, Inc.	$20.7M	0.40%	720,175	New		1.03%
58	RIOTRiot Platforms, Inc.	$20.7M	0.40%	754,800	New		0.20%
59	QQnity Electronics, Inc.	$20.5M	0.39%	125,655	—	—	0.06%
60	EQIXEquinix, Inc.	$19.2M	0.37%	18,450	New		0.02%
61	LRCXLam Research Corporation	$18.9M	0.36%	43,600	New		0.00%
62	DFTXDefinium Therapeutics, Inc.	$16.8M	0.32%	356,600	New		0.27%
63	BLTEBelite Bio, Inc	$16.3M	0.31%	106,100	—	—	0.27%
64	—Invesco Exchange Traded Fd T	$15.8M	0.30%	74,400	New		—
65	TXG10x Genomics, Inc.	$15.5M	0.30%	403,100	New		0.34%
66	WABWestinghouse Air Brake Technologies Corporation	$15.3M	0.29%	56,595	Reduced−38,300	−40.4%	0.03%
67	LLYEli Lilly and Company	$14.8M	0.28%	12,380	New		0.00%
68	XENEXenon Pharmaceuticals Inc.	$14.4M	0.28%	238,600	—	—	0.25%
69	OLMAOlema Pharmaceuticals, Inc.	$12.3M	0.24%	986,827	—	—	1.13%
70	RGENRepligen Corporation	$10.6M	0.20%	77,400	New		0.12%
71	RKTRocket Companies, Inc.	$10.3M	0.20%	652,220	New		0.02%
72	BIDUBaidu, Inc.	$10.1M	0.19%	88,200	New		0.03%
73	ARMArm Holdings plc American Depositary Shares	$10M	0.19%	28,090	Reduced−78,610	−73.7%	0.00%
74	CVNACarvana Co.	$9.9M	0.19%	151,000	New		0.01%
75	RDDTReddit, Inc.	$9.8M	0.19%	56,550	New		0.03%
76	AAAlcoa Corporation	$9.7M	0.19%	185,640	Reduced−1,307,750	−87.6%	0.07%
77	TMOThermo Fisher Scientific Inc.	$9.6M	0.18%	19,200	New		0.01%
78	DHRDanaher Corporation	$9.6M	0.18%	50,300	New		0.01%
79	FFIVF5, Inc.	$9.2M	0.18%	22,000	New		0.04%
80	VISTVista Energy, S.A.B. de C.V.	$8.6M	0.16%	134,700	—	—	0.13%
81	SKESkeena Resources Limited	$8M	0.15%	300,200	New		0.24%
82	—Jbs N.V.	$7.8M	0.15%	655,900	—	—	—
83	GLUEMonte Rosa Therapeutics, Inc.	$7.2M	0.14%	297,600	New		0.35%
84	RLAYRelay Therapeutics, Inc.	$6.5M	0.13%	349,000	New		0.16%
85	DBVTDBV Technologies S.A.	$6.3M	0.12%	383,363	—	—	1.60%
86	CCCCCC Intelligent Solutions Holdings Inc.	$6M	0.12%	1,170,900	New		0.20%
87	UWMCUWM Holdings Corporation	$5.9M	0.11%	2,583,000	New		0.17%
88	NVTSNavitas Semiconductor Corp	$5.6M	0.11%	311,100	New		0.12%
89	SOLSSolstice Advanced Materials Inc.	$5.5M	0.11%	62,525	—	—	0.04%
90	FTAIFTAI Aviation Ltd.	$5.5M	0.10%	20,200	New		0.02%
91	BEAMBeam Therapeutics Inc.	$5.3M	0.10%	153,600	New		0.15%
92	AURAurora Innovation, Inc.	$4.3M	0.08%	633,700	New		0.04%
93	IRENIREN Limited	$4M	0.08%	87,100	New		0.02%
94	GGALGrupo Financiero Galicia S.A.	$3M	0.06%	59,500	New		0.04%
95	—Wave Life Sciences Ltd	$1M	0.02%	173,000	—	—	—

Sold out

Held at the end of Mar 2026 but not at the end of Jun 2026. Value and shares are as of the previous quarter.

Stock	Previous value	Shares
AVGOBroadcom Inc.	$60.6M	195,955
OPCHOption Care Health, Inc.	$50.3M	1,868,550
FIGRFigure Technology Solutions, Inc. Class A Common Stock	$39.1M	1,150,415
QSRRestaurant Brands International Inc.	$33.6M	454,435
LSCCLattice Semiconductor Corporation	$30M	323,135
HUMHumana Inc.	$23.8M	137,505
TWLOTwilio Inc.	$22.9M	181,760
JBLJabil Inc.	$21.8M	82,200
—Ishares S&P Gsci Commodity-	$20.7M	643,000
BEBloom Energy Corporation	$18.5M	136,320
INTCIntel Corp.	$18.2M	411,400
NETCloudflare, Inc.	$10.8M	52,535
LYBLyondellBasell Industries N.V.	$10.6M	131,435
TWSTTwist Bioscience Corporation	$9.8M	206,000
COHRCoherent, Inc.	$9.6M	40,400
CLSCelestica Inc.	$9.4M	33,275
STUBStubHub Holdings, Inc.	$8.5M	1,367,177
MUMicron Technology, Inc.	$7.9M	23,400
ECHOEchoStar Corporation	$7.1M	60,765
ALMAlmonty Industries Inc.	$6.8M	469,880
LITELumentum Holdings Inc.	$4.9M	6,963
MELIMercadoLibre, Inc.	$4.8M	2,766
WLKWestlake Corporation	$2.5M	21,194

13F portfolio value over time

$3B24/09

$3.7B24/12

$3.1B25/03

$4.1B25/06

$4.1B25/09

$4.5B25/12

$3.4B26/03

$5.2B26/06

Total value of the holdings reported on Form 13F at each quarter end.

FAQ

What is Stanley Druckenmiller's largest holding?

In the 13F as of the end of Jun 2026, the largest holding is Natera, Inc., worth $865M or 16.6% of the portfolio.

What did Stanley Druckenmiller buy recently?

New positions in Q2 2026 (Apr–Jun): Alphabet Inc., Fox Corporation, CDW Corporation, Bitdeer Technologies Group, Delta Air Lines, Inc., and others.

What did Stanley Druckenmiller sell?

Positions sold out in Q2 2026 (Apr–Jun): Broadcom Inc., Option Care Health, Inc., Figure Technology Solutions, Inc. Class A Common Stock, Restaurant Brands International Inc., Lattice Semiconductor Corporation, and others.

How many stocks are held, and how large is the portfolio?

As of the end of Jun 2026, 95 holdings worth $5.2B in total (U.S.-listed securities reported on Form 13F).

When will the next holdings be disclosed?

Form 13F is due within 45 days of each quarter end. The next one is due around Nov 14, 2026, and this page updates automatically once it is filed.

Source: Form 13F filed with the U.S. Securities and Exchange Commission. This is not a recommendation to buy or sell any security.