Duquesne Family Office
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Stanley Druckenmiller's Duquesne Family Office reported 63 stock positions worth $2.8 billion. Its top holding was Coherent (COHR) at 9.2% of the portfolio, followed by Coupang (CPNG, 8.2%) and Vistra (VST, 8.0%). Compared with Q1 2024, it opened 17 new positions, sold out of 27, added to 13 and reduced 15. The biggest buy was Coherent (COHR, shares +42%) and the biggest sale Microsoft (MSFT, shares −64%).
- Most Recent 13F
- Q2 2026
- Notable People
- Stanley Druckenmiller
- Location
- New York, NY
- CIK
- 0001536411
- Portfolio Value
- $2.8B (Q2 2024)
- SEC Filing
- 0001536411-24-000007 ↗ filed Aug 14, 2024
Holdings Value
Holdings 63 stocks · $2.8B
| COHR Coherent Corp. | 9.22% | 3,589,540 | $260.1M | Add +42.2% |
| CPNG Coupang Inc. | 8.15% | 10,971,140 | $229.8M | Reduce -51.1% |
| VST Vistra Corp. | 8.01% | 2,625,231 | $225.7M | No change |
| NTRA Natera Inc. | 7.58% | 1,974,880 | $213.9M | Add +2.4% |
| STX Seagate Technology Holdings | 6.43% | 1,755,278 | $181.3M | Add +22.0% |
| MSFT Microsoft Corp. | 6.35% | 400,490 | $179.0M | Reduce -64.0% |
| WWD Woodward Inc. | 5.90% | 954,230 | $166.4M | No change |
| KMI Kinder Morgan Inc. | 4.76% | 6,753,165 | $134.2M | Add +74.0% |
| MAA Mid-America Apartment Comm | 3.26% | 644,190 | $91.9M | New |
| PM Philip Morris International | 3.20% | 889,355 | $90.1M | New |
| GTM Zoominfo Technologies Inc. | 2.66% | 5,881,906 | $75.1M | No change |
| TECK Teck Resources Ltd.-CLS B | 2.47% | 1,453,410 | $69.6M | Reduce -68.1% |
| CPT Camden Property Trust | 2.24% | 577,915 | $63.1M | New |
| FLUT Flutter Entertainment PLC-Di | 2.17% | 335,076 | $61.2M | New |
| MELI MercadoLibre Inc. | 2.13% | 36,493 | $60.0M | New |
| FCX Freeport-McMoran Inc. | 1.99% | 1,153,135 | $56.0M | Reduce -16.4% |
| OPCH Option Care Health Inc. | 1.84% | 1,871,818 | $51.8M | Add +172.8% |
| GEV GE Vernova Inc. | 1.81% | 297,068 | $51.0M | Add +39.3% |
| FLEX Flex Ltd. | 1.52% | 1,449,155 | $42.7M | Reduce -62.5% |
| SWTX Springworks Therapeutics Inc. | 1.36% | 1,021,367 | $38.5M | New |
| DAKT Daktronics Inc. | 1.23% | 2,493,605 | $34.8M | Add +20.3% |
| PANW Palo Alto Networks Inc. | 1.07% | 88,968 | $30.2M | Reduce -35.9% |
| NVDA Nvidia Corp. | 0.94% | 214,060 | $26.4M | Reduce -87.8% |
| WAB Wabtec Corp. | 0.84% | 150,675 | $23.8M | Reduce -61.0% |
| MSGE Madison Square Garden Entert | 0.84% | 694,225 | $23.8M | Add +8.5% |
| BCS Barclays PLC-Spons ADR | 0.79% | 2,075,455 | $22.2M | Add +97.4% |
| DFS Discover Financial Services | 0.78% | 167,255 | $21.9M | Reduce -74.1% |
| ADBE Adobe Inc. | 0.72% | 36,685 | $20.4M | New |
| PLTR Palantir Technologies Inc. Class A | 0.69% | 769,965 | $19.5M | No change |
| NWSA News Corp. Class A | 0.67% | 683,800 | $18.9M | Reduce -79.3% |
| ANET Arista Networks Inc. | 0.65% | 52,275 | $18.3M | Reduce -87.8% |
| NWS News Corp. Class B | 0.64% | 635,850 | $18.1M | Reduce -39.7% |
| ARGT Global X MSCI Argentina ETF | 0.57% | 282,000 | $16.0M | Add +45.4% |
| BMA Banco Macro SA-ADR | 0.56% | 273,130 | $15.7M | Add +30.9% |
| GGAL Grupo Financiero Galicia-ADR | 0.52% | 475,763 | $14.5M | Add +47.8% |
| CRNX Crinetics Pharmaceuticals Inc. | 0.49% | 309,000 | $13.8M | No change |
| BAH Booz Allen Hamilton Holdings | 0.46% | 83,841 | $12.9M | No change |
| YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA | 0.46% | 638,435 | $12.8M | New |
| IQV Iqvia Holdings Inc. | 0.45% | 60,360 | $12.8M | No change |
| LYV Live Nation Entertainment Inc. | 0.34% | 103,100 | $9.7M | New |
| WULF Terawulf Inc. | 0.33% | 2,090,000 | $9.3M | New |
| CNK Cinemark Holdings Inc. | 0.31% | 400,792 | $8.7M | Reduce -62.8% |
| SLN Silence Therapeutics PLC-ADR | 0.26% | 387,400 | $7.4M | No change |
| VCYT Veracyte Inc. | 0.20% | 259,944 | $5.6M | No change |
| AES AES Corp. | 0.20% | 314,750 | $5.5M | No change |
| AAPL Apple Inc. | 0.18% | 24,400 | $5.1M | Reduce -78.7% |
| SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC | 0.17% | 103,100 | $4.9M | New |
| LBTYA Liberty Global Ltd. Class A | 0.17% | 275,275 | $4.8M | No change |
| SE Sea Ltd.-ADR | 0.17% | 66,900 | $4.8M | New |
| LBTYK Liberty Global Ltd. Class C | 0.17% | 261,875 | $4.7M | No change |
| EQT Eqt Corp. | 0.16% | 121,000 | $4.5M | New |
| SPHR Sphere Entertainment Co. | 0.15% | 122,411 | $4.3M | Reduce -63.7% |
| ACLX Arcellx Inc. | 0.15% | 74,100 | $4.1M | No change |
| BLDR Builders Firstsource Inc. | 0.14% | 29,385 | $4.1M | New |
| BCYC Bicycle Therapeutics PLC-ADR | 0.14% | 190,200 | $3.9M | No change |
| IHS Ihs Holding Ltd. | 0.09% | 770,310 | $2.5M | No change |
| TLSI Trisalus Life Sciences Inc. | 0.08% | 426,921 | $2.4M | Add +35.1% |
| GPCR Structure Therapeutics Inc. | 0.05% | 37,700 | $1.5M | New |
| INSM Insmed Inc. | 0.05% | 20,000 | $1.3M | New |
| TEO Telecom Argentina SA-SP ADR | 0.04% | 143,051 | $1.0M | No change |
| NRIX Nurix Therapeutics Inc. | 0.03% | 44,200 | $922K | No change |
| IVVD Invivyd Inc. | 0.02% | 571,425 | $629K | New |
| JOBY Joby Aviation Inc. | 0.00% | 22,492 | $115K | No change |
Options reported separately and not counted above: PM calls ($97.6M).
Portfolio Sells Q1 2024 → Q2 2024
| MSFT Microsoft Corp. | Reduce -64.0% | 6.35% | −6.22 |
| GE General Electric | Sold out | 0.00% | −4.02 |
| NVDA Nvidia Corp. | Reduce -87.8% | 0.94% | −3.33 |
| TECK Teck Resources Ltd.-CLS B | Reduce -68.1% | 2.47% | −3.13 |
| ANET Arista Networks Inc. | Reduce -87.8% | 0.65% | −2.69 |
| CPNG Coupang Inc. | Reduce -51.1% | 8.15% | −2.58 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −2.19 |
| KBR KBR Inc. | Sold out | 0.00% | −1.68 |
| NWSA News Corp. Class A | Reduce -79.3% | 0.67% | −1.66 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −1.57 |
| DFS Discover Financial Services | Reduce -74.1% | 0.78% | −1.50 |
| FLEX Flex Ltd. | Reduce -62.5% | 1.52% | −1.45 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −1.29 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.99 |
| META Meta Platforms Inc. Class A | Sold out | 0.00% | −0.83 |
| KEY Keycorp | Sold out | 0.00% | −0.70 |
| C Citigroup Inc. | Sold out | 0.00% | −0.68 |
| WAB Wabtec Corp. | Reduce -61.0% | 0.84% | −0.67 |
| STLA Stellantis NV | Sold out | 0.00% | −0.45 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.43 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.41 |
| AAPL Apple Inc. | Reduce -78.7% | 0.18% | −0.35 |
| SPHR Sphere Entertainment Co. | Reduce -63.7% | 0.15% | −0.29 |
| OZK Bank Ozk | Sold out | 0.00% | −0.29 |
| SANA Sana Biotechnology Inc. | Sold out | 0.00% | −0.26 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.23 |
| FUSN Fusion Pharmaceuticals Inc. | Sold out | 0.00% | −0.23 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.22 |
| CNK Cinemark Holdings Inc. | Reduce -62.8% | 0.31% | −0.21 |
| CEG Constellation Energy | Sold out | 0.00% | −0.19 |
| CABA Cabaletta Bio Inc. | Sold out | 0.00% | −0.19 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.18 |
| LEGN Legend Biotech Corp.-ADR | Sold out | 0.00% | −0.17 |
| NXE Nexgen Energy Ltd. | Sold out | 0.00% | −0.15 |
| WDC Western Digital Corp. | Sold out | 0.00% | −0.13 |
| TSEM Tower Semiconductor Ltd. | Sold out | 0.00% | −0.13 |
| NWS News Corp. Class B | Reduce -39.7% | 0.64% | −0.13 |
| MLTX Moonlake Immunotherapeutics | Sold out | 0.00% | −0.12 |
| TGTX TG Therapeutics Inc. | Sold out | 0.00% | −0.11 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -35.9% | 1.07% | +0.01 |
| FCX Freeport-McMoran Inc. | Reduce -16.4% | 1.99% | +0.25 |
Portfolio Buys Q1 2024 → Q2 2024
| COHR Coherent Corp. | Add +42.2% | 9.22% | +5.11 |
| MAA Mid-America Apartment Comm | New | 3.26% | +3.26 |
| PM Philip Morris International | New | 3.20% | +3.20 |
| KMI Kinder Morgan Inc. | Add +74.0% | 4.76% | +2.85 |
| NTRA Natera Inc. | Add +2.4% | 7.58% | +2.85 |
| STX Seagate Technology Holdings | Add +22.0% | 6.43% | +2.83 |
| CPT Camden Property Trust | New | 2.24% | +2.24 |
| FLUT Flutter Entertainment PLC-Di | New | 2.17% | +2.17 |
| MELI MercadoLibre Inc. | New | 2.13% | +2.13 |
| SWTX Springworks Therapeutics Inc. | New | 1.36% | +1.36 |
| OPCH Option Care Health Inc. | Add +172.8% | 1.84% | +1.22 |
| GEV GE Vernova Inc. | Add +39.3% | 1.81% | +0.82 |
| ADBE Adobe Inc. | New | 0.72% | +0.72 |
| DAKT Daktronics Inc. | Add +20.3% | 1.23% | +0.68 |
| BCS Barclays PLC-Spons ADR | Add +97.4% | 0.79% | +0.52 |
| YPF YPF S.A.-Sponsored ADR | New | 0.46% | +0.46 |
| LYV Live Nation Entertainment Inc. | New | 0.34% | +0.34 |
| WULF Terawulf Inc. | New | 0.33% | +0.33 |
| GGAL Grupo Financiero Galicia-ADR | Add +47.8% | 0.52% | +0.30 |
| ARGT Global X MSCI Argentina ETF | Add +45.4% | 0.57% | +0.29 |
| BMA Banco Macro SA-ADR | Add +30.9% | 0.56% | +0.29 |
| SGI Somnigroup International Inc. | New | 0.17% | +0.17 |
| SE Sea Ltd.-ADR | New | 0.17% | +0.17 |
| MSGE Madison Square Garden Entert | Add +8.5% | 0.84% | +0.17 |
| EQT Eqt Corp. | New | 0.16% | +0.16 |
| BLDR Builders Firstsource Inc. | New | 0.14% | +0.14 |
| GPCR Structure Therapeutics Inc. | New | 0.05% | +0.05 |
| INSM Insmed Inc. | New | 0.05% | +0.05 |
| IVVD Invivyd Inc. | New | 0.02% | +0.02 |
| TLSI Trisalus Life Sciences Inc. | Add +35.1% | 0.08% | +0.00 |
Options Activity Q1 2024 → Q2 2024
| IWM iShares Russell 2000 ETF | call | Sold out | 3,157,900 | $664.1Mbefore exit |
| PM Philip Morris International | call | New | 963,000 | $97.6M |
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 |