Stanley Druckenmiller (Duquesne Family Office) portfolio: Q2 2026 13F
Every US-listed position Duquesne Family Office reported in its 13F for Q2 2026, the quarter ended Jun 30, 2026, filed with the SEC on Aug 14, 2026. 86 positions at the quarter end, after opening 44 and exiting 23 during it.
50 largest positions
| Ticker | Company | Allocation | Value | Shares | Change |
|---|---|---|---|---|---|
| NTRA | Natera, Inc. | 19.86% | $864.92M | 3,186,306 | Added |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 6.47% | $281.61M | 589,680 | Added |
| STM | STMicroelectronics N.V. | 5.34% | $232.38M | 3,102,880 | Added |
| INSM | Insmed Inc | 3.49% | $151.90M | 1,424,690 | Added |
| YPF | YPF Sociedad Anonima | 3.28% | $142.73M | 3,138,897 | Trimmed |
| AMZN | Amazon.com Inc | 2.96% | $129.09M | 541,600 | Added |
| TBBB | BBB Foods Inc | 2.78% | $120.92M | 2,901,733 | Trimmed |
| GOOGL | Alphabet Inc. | 2.76% | $120.18M | 336,300 | New |
| EWZ | iShares MSCI Brazil ETF | 2.72% | $118.55M | 3,436,170 | Unchanged |
| STX | Seagate Technology Holdings plc | 2.70% | $117.73M | 122,000 | Added |
| FOXA | Fox Corp | 2.64% | $114.99M | 2,204,600 | New |
| UAL | United Airlines Holdings, Inc. | 2.48% | $108.08M | 794,795 | Added |
| SE | Sea Ltd | 2.42% | $105.40M | 1,099,905 | Unchanged |
| CDW | CDW Corp | 2.40% | $104.63M | 743,950 | New |
| NAMS | NewAmsterdam Pharma Co N.V. | 2.39% | $104.05M | 3,070,146 | Unchanged |
| SNDK | Sandisk Corp | 1.82% | $79.35M | 34,900 | Trimmed |
| RVMD | Revolution Medicines, Inc. | 1.72% | $74.83M | 399,587 | Added |
| BTDR | Bitdeer Technologies Group | 1.49% | $64.67M | 4,074,993 | New |
| CRH | CRH Public Ltd Co | 1.36% | $59.23M | 553,555 | Added |
| DAL | Delta Air Lines, Inc. | 1.30% | $56.48M | 603,000 | New |
| FLR | Fluor Corp | 1.18% | $51.46M | 982,200 | New |
| DHI | D. R. Horton Inc | 1.12% | $48.70M | 299,000 | New |
| CPNG | Coupang, Inc. | 1.06% | $46.33M | 2,667,485 | Unchanged |
| AMD | Advanced Micro Devices Inc | 0.97% | $42.35M | 72,900 | New |
| PANW | Palo Alto Networks Inc | 0.91% | $39.78M | 116,650 | New |
| CLF | Cleveland-Cliffs Inc. | 0.91% | $39.59M | 4,216,184 | Added |
| HUT | Hut 8 Corp. | 0.83% | $36.27M | 314,150 | New |
| CAI | Caris Life Sciences, Inc. | 0.78% | $33.76M | 1,894,450 | Unchanged |
| ARGT | Global X MSCI Argentina ETF | 0.69% | $30.02M | 328,800 | Trimmed |
| FOX | Fox Corp | 0.68% | $29.63M | 632,600 | New |
| WWD | Woodward, Inc. | 0.66% | $28.59M | 67,194 | Trimmed |
| NUVB | Nuvation Bio Inc. | 0.59% | $25.79M | 4,539,800 | Unchanged |
| PTGX | Protagonist Therapeutics, Inc | 0.59% | $25.61M | 208,900 | Added |
| ROKU | Roku, Inc | 0.58% | $25.43M | 184,055 | Trimmed |
| CVCO | Cavco Industries, Inc. | 0.56% | $24.27M | 39,500 | New |
| ADMA | ADMA Biologics, Inc. | 0.54% | $23.30M | 2,784,110 | Added |
| PURR | Hyperliquid Strategies Inc | 0.53% | $23.15M | 2,941,500 | New |
| RMBS | Rambus Inc | 0.53% | $22.96M | 173,000 | New |
| RYTM | Rhythm Pharmaceuticals, Inc. | 0.52% | $22.61M | 203,618 | New |
| SKY | Champion Homes, Inc. | 0.51% | $22.42M | 254,400 | New |
| DAKT | Daktronics Inc | 0.50% | $21.97M | 1,123,109 | Added |
| PCT | PureCycle Technologies, Inc. | 0.50% | $21.75M | 2,681,415 | Added |
| SCCO | Southern Copper Corp | 0.49% | $21.44M | 123,060 | Added |
| LIN | Linde plc | 0.49% | $21.38M | 41,200 | Unchanged |
| ENTG | Entegris Inc | 0.49% | $21.28M | 118,300 | New |
| TEVA | Teva Pharmaceutical Industries Ltd | 0.49% | $21.18M | 624,999 | Trimmed |
| U | Unity Software Inc. | 0.48% | $21.11M | 738,785 | Unchanged |
| AEVA | Aeva Technologies, Inc. | 0.48% | $20.68M | 720,175 | New |
| RIOT | Riot Platforms, Inc. | 0.47% | $20.67M | 754,800 | New |
| Q | Qnity Electronics, Inc. | 0.47% | $20.52M | 125,655 | Unchanged |
Showing the 50 largest of 86 positions by allocation. The full portfolio, sortable by value, allocation and share count, loads below.
What changed in Q2 2026
| Action | Ticker | Company | Share change | Value |
|---|---|---|---|---|
| Added | NTRA | Natera, Inc. | +122,700 | $864.92M |
| Added | TSM | Taiwan Semiconductor Manufacturing Co Ltd | +94,400 | $281.61M |
| Added | STM | STMicroelectronics N.V. | +490,000 | $232.38M |
| Added | INSM | Insmed Inc | +270,600 | $151.90M |
| Trimmed | YPF | YPF Sociedad Anonima | -97,065 | $142.73M |
| Added | AMZN | Amazon.com Inc | +495,800 | $129.09M |
| Trimmed | TBBB | BBB Foods Inc | -207,469 | $120.92M |
| New | GOOGL | Alphabet Inc. | +336,300 | $120.18M |
| Added | STX | Seagate Technology Holdings plc | +71,300 | $117.73M |
| New | FOXA | Fox Corp | +2,204,600 | $114.99M |
| Added | UAL | United Airlines Holdings, Inc. | +532,300 | $108.08M |
| New | CDW | CDW Corp | +743,950 | $104.63M |
| Trimmed | SNDK | Sandisk Corp | -3,255 | $79.35M |
| Added | RVMD | Revolution Medicines, Inc. | +83,727 | $74.83M |
| New | BTDR | Bitdeer Technologies Group | +4,074,993 | $64.67M |
| Added | CRH | CRH Public Ltd Co | +176,000 | $59.23M |
| New | DAL | Delta Air Lines, Inc. | +603,000 | $56.48M |
| New | FLR | Fluor Corp | +982,200 | $51.46M |
| New | DHI | D. R. Horton Inc | +299,000 | $48.70M |
| New | AMD | Advanced Micro Devices Inc | +72,900 | $42.35M |
| New | PANW | Palo Alto Networks Inc | +116,650 | $39.78M |
| Added | CLF | Cleveland-Cliffs Inc. | +1,902,729 | $39.59M |
| New | HUT | Hut 8 Corp. | +314,150 | $36.27M |
| Trimmed | ARGT | Global X MSCI Argentina ETF | -58,600 | $30.02M |
| New | FOX | Fox Corp | +632,600 | $29.63M |
The 25 largest changes by value. The full quarter, filterable by action, loads below.
About these holdings
The 13F on record for Stanley Druckenmiller (Duquesne Family Office), filed on Aug 14, 2026, reports 86 positions as of Jun 30, 2026. The largest is Natera, Inc. (NTRA) at 19.9% of the reported portfolio, followed by Taiwan Semiconductor Manufacturing Co Ltd (TSM, 6.5%) and STMicroelectronics N.V. (STM, 5.3%). The ten largest make up 52.4% of it. Against the previous quarter, it opened 44 new positions, added to 15, trimmed 10 and sold out of 23. The largest new position is Alphabet Inc. (GOOGL), at 2.8% of the portfolio. The largest position it added to is Natera, Inc. (NTRA), now 19.9%. The largest it sold out of, by its value the quarter before, is Broadcom Inc. (AVGO).
Natera, Inc. (NTRA), the largest position, is also held by 6 other investors tracked here. Of those, Lee Ainslie, Philippe Laffont, Andreas Halvorsen and Ken Griffin hold the most of it as a share of their own portfolios.
Other investors
Thomas RussoAndreas HalvorsenYacktman Asset MgmtTweedy BrowneFirst Pacific AdvisorsRobert OlsteinPhilippe LaffontDavid Katz