Duquesne Family Office
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Stanley Druckenmiller's Duquesne Family Office reported 86 stock positions worth $4.4 billion. Its top holding was Natera (NTRA) at 19.9% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 6.5%) and Stmicroelectronics NV-NY SHS (STM, 5.3%). Compared with Q1 2026, it opened 44 new positions, sold out of 23, added to 15 and reduced 10. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale Alcoa (AA, shares −88%).
- Most Recent 13F
- Q2 2026
- Notable People
- Stanley Druckenmiller
- Location
- New York, NY
- CIK
- 0001536411
- Portfolio Value
- $4.4B (Q2 2026)
- SEC Filing
- 0001536411-26-000006 ↗ filed Aug 14, 2026
Holdings Value
Holdings 86 stocks · $4.4B
| NTRA Natera Inc. | 19.86% | 3,186,306 | $864.9M | Add +4.0% |
| TSM Taiwan Semiconductor-SP ADR | 6.47% | 589,680 | $281.6M | Add +19.1% |
| STM Stmicroelectronics NV-NY SHS | 5.34% | 3,102,880 | $232.4M | Add +18.8% |
| INSM Insmed Inc. | 3.49% | 1,424,690 | $151.9M | Add +23.4% |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 3.28% | 3,138,897 | $142.7M | Reduce -3.0% |
| AMZN Amazon.com Inc. | 2.96% | 541,600 | $129.1M | Add +1082.5% |
| TBBB BBB Foods Inc. Class A | 2.78% | 2,901,733 | $120.9M | Reduce -6.7% |
| GOOGL Alphabet Inc. Class A | 2.76% | 336,300 | $120.2M | New |
| EWZ iShares MSCI Brazil ETF | 2.72% | 3,436,170 | $118.5M | No change |
| STX Seagate Technology Holdings | 2.70% | 122,000 | $117.7M | Add +140.6% |
| FOXA Fox Corp. Class A | 2.64% | 2,204,600 | $115.0M | New |
| UAL United Airlines Holdings Inc. | 2.48% | 794,795 | $108.1M | Add +202.8% |
| SE Sea Ltd.-ADR | 2.42% | 1,099,905 | $105.4M | No change |
| CDW CDW Corp. | 2.40% | 743,950 | $104.6M | New |
| NAMS Newamsterdam Pharma Co. NV | 2.39% | 3,070,146 | $104.0M | No change |
| SNDK Sandisk Corp. | 1.82% | 34,900 | $79.4M | Reduce -8.5% |
| RVMD Revolution Medicines Inc. | 1.72% | 399,587 | $74.8M | Add +26.5% |
| BTDR Bitdeer Technologies Group-A | 1.49% | 4,074,993 | $64.7M | New |
| CRH CRH PLC | 1.36% | 553,555 | $59.2M | Add +46.6% |
| DAL Delta Air Lines Inc. | 1.30% | 603,000 | $56.5M | New |
| FLR Fluor Corp. | 1.18% | 982,200 | $51.5M | New |
| DHI D.R. Horton Inc. | 1.12% | 299,000 | $48.7M | New |
| CPNG Coupang Inc. | 1.06% | 2,667,485 | $46.3M | No change |
| AMD Advanced Micro Devices | 0.97% | 72,900 | $42.3M | New |
| PANW Palo Alto Networks Inc. | 0.91% | 116,650 | $39.8M | New |
| CLF Cleveland-Cliffs Inc. | 0.91% | 4,216,184 | $39.6M | Add +82.3% |
| HUT Hut 8 Corp. | 0.83% | 314,150 | $36.3M | New |
| CAI Caris Life Sciences Inc. | 0.78% | 1,894,450 | $33.8M | No change |
| ARGT Global X MSCI Argentina ETF | 0.69% | 328,800 | $30.0M | Reduce -15.1% |
| FOX Fox Corp. Class B | 0.68% | 632,600 | $29.6M | New |
| WWD Woodward Inc. | 0.66% | 67,194 | $28.6M | Reduce -68.2% |
| NUVB Nuvation Bio Inc. | 0.59% | 4,539,800 | $25.8M | No change |
| PTGX Protagonist Therapeutics Inc. | 0.59% | 208,900 | $25.6M | Add +30.8% |
| ROKU Roku Inc. | 0.58% | 184,055 | $25.4M | Reduce -75.5% |
| CVCO Cavco Industries Inc. | 0.56% | 39,500 | $24.3M | New |
| ADMA Adma Biologics Inc. | 0.54% | 2,784,110 | $23.3M | Add +80.1% |
| PURR Hyperliquid Strategies | 0.53% | 2,941,500 | $23.1M | New |
| RMBS Rambus Inc. | 0.53% | 173,000 | $23.0M | New |
| RYTM Rhythm Pharmaceuticals Inc. | 0.52% | 203,618 | $22.6M | New |
| SKY Champion Homes Inc. | 0.51% | 254,400 | $22.4M | New |
| DAKT Daktronics Inc. | 0.50% | 1,123,109 | $22.0M | Add +99.6% |
| PCT Purecycle Technologies Inc. | 0.50% | 2,681,415 | $21.7M | Add +178.4% |
| SCCO Southern Copper Corp. | 0.49% | 123,060 | $21.4M | Add +1.0% |
| LIN Linde PLC | 0.49% | 41,200 | $21.4M | No change |
| ENTG Entegris Inc. | 0.49% | 118,300 | $21.3M | New |
| TEVA Teva Pharmaceutical-SP ADR | 0.49% | 624,999 | $21.2M | Reduce -73.7% |
| U Unity Software Inc. | 0.48% | 738,785 | $21.1M | No change |
| AEVA Aeva Technologies Inc. | 0.47% | 720,175 | $20.7M | New |
| RIOT Riot Platforms Inc. | 0.47% | 754,800 | $20.7M | New |
| Q Qnity Electronics Inc. | 0.47% | 125,655 | $20.5M | No change |
| EQIX Equinix Inc. | 0.44% | 18,450 | $19.2M | New |
| LRCX Lam Research Corp. | 0.43% | 43,600 | $18.9M | New |
| DFTX Definium Therapeutics Inc. | 0.39% | 356,600 | $16.8M | New |
| BLTE Belite Bio Inc. - ADR | 0.38% | 106,100 | $16.3M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 74,400 | $15.8M | New |
| TXG 10X Genomics Inc. Class A | 0.35% | 403,100 | $15.5M | New |
| WAB Wabtec Corp. | 0.35% | 56,595 | $15.3M | Reduce -40.4% |
| LLY Eli Lilly & Co. | 0.34% | 12,380 | $14.8M | New |
| XENE Xenon Pharmaceuticals Inc. | 0.33% | 238,600 | $14.4M | No change |
| OLMA Olema Pharmaceuticals Inc. | 0.28% | 986,827 | $12.3M | No change |
| RGEN Repligen Corp. | 0.24% | 77,400 | $10.6M | New |
| RKT Rocket Cos Inc. Class A | 0.24% | 652,220 | $10.3M | New |
| BIDU Baidu Inc. - Spon ADR | 0.23% | 88,200 | $10.1M | New |
| ARM Arm Holdings PLC-ADR | 0.23% | 28,090 | $10.0M | Reduce -73.7% |
| CVNA Carvana Co. | 0.23% | 151,000 | $9.9M | New |
| RDDT Reddit Inc. Class A | 0.23% | 56,550 | $9.8M | New |
| AA Alcoa Corp. | 0.22% | 185,640 | $9.7M | Reduce -87.6% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 19,200 | $9.6M | New |
| DHR Danaher Corp. | 0.22% | 50,300 | $9.6M | New |
| FFIV F5 Inc. | 0.21% | 22,000 | $9.2M | New |
| VIST Vista Energy Sab DE CV | 0.20% | 134,700 | $8.6M | No change |
| SKE Skeena Resources Ltd. | 0.18% | 300,200 | $8.0M | New |
| JBS JBS NV-A | 0.18% | 655,900 | $7.8M | No change |
| GLUE Monte Rosa Therapeutics Inc. | 0.17% | 297,600 | $7.2M | New |
| RLAY Relay Therapeutics Inc. | 0.15% | 349,000 | $6.5M | New |
| DBVT DBV Technologies SA-Spon ADR | 0.14% | 383,363 | $6.3M | No change |
| CCC CCC Intelligent Solutions Ho | 0.14% | 1,170,900 | $6.0M | New |
| UWMC Uwm Holdings Corp. | 0.14% | 2,583,000 | $5.9M | New |
| NVTS Navitas Semiconductor Corp. | 0.13% | 311,100 | $5.6M | New |
| SOLS Solstice Adv Materials Inc. | 0.13% | 62,525 | $5.5M | No change |
| FTAI Ftai Aviation Ltd. | 0.13% | 20,200 | $5.5M | New |
| BEAM Beam Therapeutics Inc. | 0.12% | 153,600 | $5.3M | New |
| AUR Aurora Innovation Inc. | 0.10% | 633,700 | $4.3M | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.09% | 87,100 | $4.0M | New |
| GGAL Grupo Financiero Galicia-ADR | 0.07% | 59,500 | $3.0M | New |
| WVE Wave Life Sciences Ltd. | 0.02% | 173,000 | $1.0M | No change |
Options reported separately and not counted above: RSP calls ($174.7M), EWZ calls ($145.9M), INSM calls ($143.9M), AMZN calls ($109.5M), IWM calls ($99.1M), SPY calls ($67.2M), TSLA calls ($53.0M), CDW calls ($35.2M), META calls ($28.2M).
Portfolio Sells Q1 2026 → Q2 2026
| AA Alcoa Corp. | Reduce -87.6% | 0.22% | −3.15 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −2.06 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -73.7% | 0.49% | −1.95 |
| WWD Woodward Inc. | Reduce -68.2% | 0.66% | −1.92 |
| ROKU Roku Inc. | Reduce -75.5% | 0.58% | −1.83 |
| YPF YPF S.A.-Sponsored ADR | Reduce -3.0% | 3.28% | −1.81 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −1.71 |
| FIGR Figure Technology Solut Class A | Sold out | 0.00% | −1.33 |
| QSR Restaurant Brands Intern | Sold out | 0.00% | −1.14 |
| LSCC Lattice Semiconductor Corp. | Sold out | 0.00% | −1.02 |
| TBBB BBB Foods Inc. Class A | Reduce -6.7% | 2.78% | −0.97 |
| HUM Humana Inc. | Sold out | 0.00% | −0.81 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.78 |
| JBL Jabil Inc. | Sold out | 0.00% | −0.74 |
| GSG iShares S&P Gsci Commodity I | Sold out | 0.00% | −0.71 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −0.63 |
| INTC Intel Corp. | Sold out | 0.00% | −0.62 |
| ARGT Global X MSCI Argentina ETF | Reduce -15.1% | 0.69% | −0.54 |
| WAB Wabtec Corp. | Reduce -40.4% | 0.35% | −0.46 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.37 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.36 |
| TWST Twist Bioscience Corp. | Sold out | 0.00% | −0.33 |
| COHR Coherent Corp. | Sold out | 0.00% | −0.33 |
| ARM Arm Holdings PLC-ADR | Reduce -73.7% | 0.23% | −0.32 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.32 |
| STUB Stubhub Holdings Inc. Class A | Sold out | 0.00% | −0.29 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.27 |
| ECHO Echostar Corp. Class A | Sold out | 0.00% | −0.24 |
| ALM Almonty Industries Inc. | Sold out | 0.00% | −0.23 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.17 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.16 |
| WLK Westlake Corp. | Sold out | 0.00% | −0.08 |
| SNDK Sandisk Corp. | Reduce -8.5% | 1.82% | +1.00 |
Portfolio Buys Q1 2026 → Q2 2026
| GOOGL Alphabet Inc. Class A | New | 2.76% | +2.76 |
| FOXA Fox Corp. Class A | New | 2.64% | +2.64 |
| AMZN Amazon.com Inc. | Add +1082.5% | 2.96% | +2.64 |
| CDW CDW Corp. | New | 2.40% | +2.40 |
| STM Stmicroelectronics NV-NY SHS | Add +18.8% | 5.34% | +2.26 |
| STX Seagate Technology Holdings | Add +140.6% | 2.70% | +2.03 |
| UAL United Airlines Holdings Inc. | Add +202.8% | 2.48% | +1.66 |
| BTDR Bitdeer Technologies Group-A | New | 1.49% | +1.49 |
| DAL Delta Air Lines Inc. | New | 1.30% | +1.30 |
| FLR Fluor Corp. | New | 1.18% | +1.18 |
| DHI D.R. Horton Inc. | New | 1.12% | +1.12 |
| AMD Advanced Micro Devices | New | 0.97% | +0.97 |
| PANW Palo Alto Networks Inc. | New | 0.91% | +0.91 |
| HUT Hut 8 Corp. | New | 0.83% | +0.83 |
| TSM Taiwan Semiconductor-SP ADR | Add +19.1% | 6.47% | +0.77 |
| FOX Fox Corp. Class B | New | 0.68% | +0.68 |
| RVMD Revolution Medicines Inc. | Add +26.5% | 1.72% | +0.67 |
| CVCO Cavco Industries Inc. | New | 0.56% | +0.56 |
| PURR Hyperliquid Strategies | New | 0.53% | +0.53 |
| RMBS Rambus Inc. | New | 0.53% | +0.53 |
| RYTM Rhythm Pharmaceuticals Inc. | New | 0.52% | +0.52 |
| SKY Champion Homes Inc. | New | 0.51% | +0.51 |
| ENTG Entegris Inc. | New | 0.49% | +0.49 |
| AEVA Aeva Technologies Inc. | New | 0.47% | +0.47 |
| RIOT Riot Platforms Inc. | New | 0.47% | +0.47 |
| EQIX Equinix Inc. | New | 0.44% | +0.44 |
| LRCX Lam Research Corp. | New | 0.43% | +0.43 |
| DFTX Definium Therapeutics Inc. | New | 0.39% | +0.39 |
| RSP Invesco S&P 500 Equal Weight | New | 0.36% | +0.36 |
| TXG 10X Genomics Inc. Class A | New | 0.35% | +0.35 |
| LLY Eli Lilly & Co. | New | 0.34% | +0.34 |
| PCT Purecycle Technologies Inc. | Add +178.4% | 0.50% | +0.33 |
| CLF Cleveland-Cliffs Inc. | Add +82.3% | 0.91% | +0.24 |
| RGEN Repligen Corp. | New | 0.24% | +0.24 |
| RKT Rocket Cos Inc. Class A | New | 0.24% | +0.24 |
| BIDU Baidu Inc. - Spon ADR | New | 0.23% | +0.23 |
| CVNA Carvana Co. | New | 0.23% | +0.23 |
| RDDT Reddit Inc. Class A | New | 0.23% | +0.23 |
| TMO Thermo Fisher Scientific Inc. | New | 0.22% | +0.22 |
| DHR Danaher Corp. | New | 0.22% | +0.22 |
| FFIV F5 Inc. | New | 0.21% | +0.21 |
| SKE Skeena Resources Ltd. | New | 0.18% | +0.18 |
| GLUE Monte Rosa Therapeutics Inc. | New | 0.17% | +0.17 |
| RLAY Relay Therapeutics Inc. | New | 0.15% | +0.15 |
| CCC CCC Intelligent Solutions Ho | New | 0.14% | +0.14 |
| UWMC Uwm Holdings Corp. | New | 0.14% | +0.14 |
| DAKT Daktronics Inc. | Add +99.6% | 0.50% | +0.13 |
| NVTS Navitas Semiconductor Corp. | New | 0.13% | +0.13 |
| FTAI Ftai Aviation Ltd. | New | 0.13% | +0.13 |
| BEAM Beam Therapeutics Inc. | New | 0.12% | +0.12 |
Options Activity Q1 2026 → Q2 2026
| INSM Insmed Inc. | call | New | 1,350,000 | $143.9M |
| AMZN Amazon.com Inc. | call | Add +129.7% | 459,300 | $109.5M |
| IWM iShares Russell 2000 ETF | call | Add +317.7% | 330,000 | $99.1M |
| TSLA Tesla Inc. | call | New | 126,000 | $53.0M |
| CDW CDW Corp. | call | New | 250,000 | $35.2M |
| META Meta Platforms Inc. Class A | call | New | 50,000 | $28.2M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $4.4B | NTRA, TSM, STM, INSM, YPF |
| Q1 2026 | 65 | $2.9B | NTRA, INSM, TSM, YPF, EWZ |
| Q4 2025 | 58 | $4.2B | NTRA, XLF, INSM, RSP, TEVA |
| Q3 2025 | 62 | $3.9B | NTRA, INSM, TEVA, TSM, WWD |
| Q2 2025 | 65 | $3.9B | NTRA, TEVA, INSM, WWD, TSM |
| Q1 2025 | 49 | $3.0B | NTRA, TEVA, CPNG, WWD, PM |
| Q4 2024 | 74 | $3.6B | NTRA, COHR, WWD, TEVA, CPNG |
| Q3 2024 | 72 | $2.9B | NTRA, CPNG, COHR, WWD, STX |
| Q2 2024 | 63 | $2.8B | COHR, CPNG, VST, NTRA, STX |
| Q1 2024 | 72 | $3.7B | MSFT, CPNG, TECK, VST, NTRA |