Howl / Investor portfolios / Stanley Druckenmiller

Stanley Druckenmiller portfolio

Q: What does Stanley Druckenmiller own?

As of the 13F for Jun 30, 2026, Duquesne Family Office's largest holdings were Natera Inc (16.6%), Taiwan Semiconductor Manufacturing Company Limited (5.4%), Stmicroelectronics N V (4.5%), Invesco S&P 500 Equal Weight ETF (3.4%), Insmed Incorporated (2.9%).

Q: What did Stanley Druckenmiller buy last quarter?

New positions: Insmed Incorporated, Alphabet Inc., Fox Corporation, CDW Corporation, Bitdeer Technologies Group. Biggest additions by share count: Amazon.com, Inc., Ishares Tr, United Airlines Holdings, Inc., Purecycle Technologies Inc, Seagate Technology Holdings plc.

Q: What did Stanley Druckenmiller sell last quarter?

Sold out of: Broadcom Inc., Option Care Health Inc, Figure Technology Solutio, Restaurant Brands International Inc., Lattice Semiconductor Corp. Biggest reductions by share count: Alcoa Corp, Roku, Inc., Teva Pharmaceutical Inds Ltd, Arm Holdings plc, Woodward, Inc..

Q: When is Stanley Druckenmiller's next 13F filing?

Funds file a 13F within 45 days after each quarter ends. The next one, covering the quarter ending Sep 30, 2026, is due by Nov 14, 2026.

Q: What doesn't a 13F show?

A 13F lists US-listed stocks and options a fund held on the last day of the quarter. It leaves out cash, short positions, bonds, most non-US stocks, and any trading since the quarter ended.

Duquesne Family Office

Macro investor who ran Duquesne Capital for decades and now invests through the Duquesne Family Office with a flexible, top-down style.

Duquesne Family Office's 13F for the quarter ending Jun 30, 2026 (filed Aug 14, 2026) reports 95 positions worth $5.2B. The largest are Natera Inc (16.6%), Taiwan Semiconductor Manufacturing Company Limited (5.4%), Stmicroelectronics N V (4.5%). The top five make up 33% of the reported portfolio.

Since their last filing

Their stocks

+4.9%

since Jun 30, 2026

S&P 500

+3.6%

same period

Priced

positions, as of Oct 8, 2026

How the stocks in this filing have moved since its quarter ended, weighted by position size. This is not the fund's own return: a 13F leaves out cash, short positions and anything bought or sold since.

Biggest movers

NTRANatera Inc+44.0%
STMStmicroelectronics N V−29.6%
NAMSNewamsterdam Pharma Company−37.3%
TBBBBbb Foods Inc+27.4%

What changed in Q2 2026

Compared with the previous 13F. Sorted by how much the share count changed, not by position size.

New 48

INSM Insmed Incorporated (call options)	New position	0% to 2.8%
GOOGL Alphabet Inc.	New position	0% to 2.3%
FOXA Fox Corporation	New position	0% to 2.2%
CDW CDW Corporation	New position	0% to 2.0%
BTDR Bitdeer Technologies Group	New position	0% to 1.2%
DAL Delta Air Lines, Inc.	New position	0% to 1.1%
TSLA Tesla, Inc. (call options)	New position	0% to 1.0%
FLR Fluor Corp	New position	0% to 1.0%
DHI D.R. Horton, Inc.	New position	0% to 0.9%
AMD Advanced Micro Devices, Inc.	New position	0% to 0.8%
PANW Palo Alto Networks, Inc.	New position	0% to 0.8%
HUT Hut 8 Corp.	New position	0% to 0.7%
CDW CDW Corporation (call options)	New position	0% to 0.7%
FOX Fox Corporation	New position	0% to 0.6%
META Meta Platforms, Inc. (call options)	New position	0% to 0.5%

Plus 33 more in the Howl app.

Added 17

AMZN Amazon.com, Inc.	+1082.5% shares	0.3% to 2.5%
IWM Ishares Tr (call options)	+317.7% shares	0.6% to 1.9%
UAL United Airlines Holdings, Inc.	+202.8% shares	0.7% to 2.1%
PCT Purecycle Technologies Inc	+178.4% shares	0.1% to 0.4%
STX Seagate Technology Holdings plc	+140.6% shares	0.6% to 2.3%
AMZN Amazon.com, Inc. (call options)	+129.7% shares	1.2% to 2.1%
DAKT Daktronics Inc	+99.6% shares	0.3% to 0.4%
CLF Cleveland-cliffs Inc	+82.2% shares	0.6% to 0.8%
ADMA Adma Biologics Inc	+80.1% shares	0.4% to 0.5%
CRH Crh plc	+46.6% shares	1.2% to 1.1% on price
PTGX Protagonist Therapeutics Inc	+30.8% shares	0.5% to 0.5% on price
RVMD Revolution Medicines Inc	+26.5% shares	0.9% to 1.4%
INSM Insmed Incorporated	+23.4% shares	5.6% to 2.9% on price
TSM Taiwan Semiconductor Manufacturing Company Limited	+19.1% shares	5.0% to 5.4%
STM Stmicroelectronics N V	+18.8% shares	2.7% to 4.5%

Plus 2 more in the Howl app.

Trimmed 10

AA Alcoa Corp	−87.6% shares	2.9% to 0.2%
ROKU Roku, Inc.	−75.5% shares	2.1% to 0.5%
TEVA Teva Pharmaceutical Inds Ltd	−73.7% shares	2.1% to 0.4%
ARM Arm Holdings plc	−73.7% shares	0.5% to 0.2%
WWD Woodward, Inc.	−68.2% shares	2.2% to 0.6%
WAB Westinghouse Air Brake Technologies Corporation	−40.4% shares	0.7% to 0.3%
ARGT Global X Fds	−15.1% shares	1.1% to 0.6%
SNDK Sandisk Corporation	−8.5% shares	0.7% to 1.5% on price
TBBB Bbb Foods Inc	−6.7% shares	3.3% to 2.3%
YPF Ypf Sociedad Anonima	−3.0% shares	4.4% to 2.7%

Sold out 23

AVGO Broadcom Inc.	Sold out	was 1.8% of portfolio
OPCH Option Care Health Inc	Sold out	was 1.5% of portfolio
FIGR Figure Technology Solutio	Sold out	was 1.2% of portfolio
QSR Restaurant Brands International Inc.	Sold out	was 1.0% of portfolio
LSCC Lattice Semiconductor Corp	Sold out	was 0.9% of portfolio
HUM Humana Inc.	Sold out	was 0.7% of portfolio
TWLO Twilio Inc.	Sold out	was 0.7% of portfolio
JBL Jabil Inc	Sold out	was 0.7% of portfolio
GSG Ishares S&p Gsci Commodity-	Sold out	was 0.6% of portfolio
BE Bloom Energy Corporation	Sold out	was 0.6% of portfolio
INTC Intel Corporation	Sold out	was 0.5% of portfolio
NET Cloudflare, Inc.	Sold out	was 0.3% of portfolio
LYB LyondellBasell Industries N.V.	Sold out	was 0.3% of portfolio
COHR Coherent Corp.	Sold out	was 0.3% of portfolio
TWST Twist Bioscience Corporation	Sold out	was 0.3% of portfolio

Plus 8 more in the Howl app.

Holdings

#	Stock	Weight	Value	Shares vs last quarter
1	NTRA Natera Inc	16.6%	$864.9M	+4.0%
2	TSM Taiwan Semiconductor Manufacturing Company Limited	5.4%	$281.6M	+19.1%
3	STM Stmicroelectronics N V	4.5%	$232.4M	+18.8%
4	RSP Invesco S&P 500 Equal Weight ETF (call options)	3.4%	$174.7M	No change
5	INSM Insmed Incorporated	2.9%	$151.9M	+23.4%
6	EWZ Ishares Inc (call options)	2.8%	$145.9M	No change
7	INSM Insmed Incorporated (call options)	2.8%	$143.9M	New
8	YPF Ypf Sociedad Anonima	2.7%	$142.7M	−3.0%
9	AMZN Amazon.com, Inc.	2.5%	$129.1M	+1082.5%
10	TBBB Bbb Foods Inc	2.3%	$120.9M	−6.7%
11	GOOGL Alphabet Inc.	2.3%	$120.2M	New
12	EWZ Ishares Inc	2.3%	$118.5M	No change
13	STX Seagate Technology Holdings plc	2.3%	$117.7M	+140.6%
14	FOXA Fox Corporation	2.2%	$115.0M	New
15	AMZN Amazon.com, Inc. (call options)	2.1%	$109.5M	+129.7%
16	UAL United Airlines Holdings, Inc.	2.1%	$108.1M	+202.8%
17	SE Sea Limited	2.0%	$105.4M	No change
18	CDW CDW Corporation	2.0%	$104.6M	New
19	NAMS Newamsterdam Pharma Company	2.0%	$104.0M	No change
20	IWM Ishares Tr (call options)	1.9%	$99.1M	+317.7%
21	SNDK Sandisk Corporation	1.5%	$79.4M	−8.5%
22	RVMD Revolution Medicines Inc	1.4%	$74.8M	+26.5%
23	SPY State Street SPDR S&P 500 ETF Trust (call options)	1.3%	$67.2M	No change
24	BTDR Bitdeer Technologies Group	1.2%	$64.7M	New
25	CRH Crh plc	1.1%	$59.2M	+46.6%
26	DAL Delta Air Lines, Inc.	1.1%	$56.5M	New
27	TSLA Tesla, Inc. (call options)	1.0%	$53.0M	New
28	FLR Fluor Corp	1.0%	$51.5M	New
29	DHI D.R. Horton, Inc.	0.9%	$48.7M	New
30	CPNG Coupang Inc	0.9%	$46.3M	No change
31	AMD Advanced Micro Devices, Inc.	0.8%	$42.3M	New
32	PANW Palo Alto Networks, Inc.	0.8%	$39.8M	New
33	CLF Cleveland-cliffs Inc	0.8%	$39.6M	+82.2%
34	HUT Hut 8 Corp.	0.7%	$36.3M	New
35	CDW CDW Corporation (call options)	0.7%	$35.2M	New
36	CAI Caris Life Sciences Inc	0.7%	$33.8M	No change
37	ARGT Global X Fds	0.6%	$30.0M	−15.1%
38	FOX Fox Corporation	0.6%	$29.6M	New
39	WWD Woodward, Inc.	0.6%	$28.6M	−68.2%
40	META Meta Platforms, Inc. (call options)	0.5%	$28.2M	New
41	ROKU Roku, Inc.	0.5%	$25.4M	−75.5%
42	PTGX Protagonist Therapeutics Inc	0.5%	$25.6M	+30.8%
43	NUVB Nuvation Bio Inc	0.5%	$25.8M	No change
44	CVCO Cavco Inds Inc	0.5%	$24.3M	New
45	ADMA Adma Biologics Inc	0.5%	$23.3M	+80.1%
46	RMBS Rambus Inc	0.4%	$23.0M	New
47	PURR Hyperliquid Strategies Inc.	0.4%	$23.1M	New
48	SKY Champion Homes Inc	0.4%	$22.4M	New
49	RYTM Rhythm Pharmaceuticals Inc	0.4%	$22.6M	New
50	PCT Purecycle Technologies Inc	0.4%	$21.7M	+178.4%
51	DAKT Daktronics Inc	0.4%	$22.0M	+99.6%
52	U Unity Software Inc	0.4%	$21.1M	No change
53	LIN Linde plc	0.4%	$21.4M	No change
54	SCCO Southern Copper Corp	0.4%	$21.4M	+1.0%
55	ENTG Entegris Inc	0.4%	$21.3M	New
56	TEVA Teva Pharmaceutical Inds Ltd	0.4%	$21.2M	−73.7%
57	RIOT Riot Platforms, Inc.	0.4%	$20.7M	New
58	AEVA Aeva Technologies, Inc.	0.4%	$20.7M	New
59	Q Qnity Electronics Inc	0.4%	$20.5M	No change
60	EQIX Equinix, Inc.	0.4%	$19.2M	New
61	LRCX Lam Research Corporation	0.4%	$18.9M	New
62	DFTX Definium Therapeutics Inc	0.3%	$16.8M	New
63	BLTE Belite Bio Inc Sponsored	0.3%	$16.3M	No change
64	TXG 10x Genomics, Inc.	0.3%	$15.5M	New
65	RSP Invesco S&P 500 Equal Weight ETF	0.3%	$15.8M	New
66	WAB Westinghouse Air Brake Technologies Corporation	0.3%	$15.3M	−40.4%
67	XENE Xenon Pharmaceuticals Inc	0.3%	$14.4M	No change
68	LLY Eli Lilly and Company	0.3%	$14.8M	New
69	OLMA Olema Pharmaceuticals Inc	0.2%	$12.3M	No change
70	RGEN Repligen Corp	0.2%	$10.6M	New
71	RKT Rocket Cos Inc	0.2%	$10.3M	New
72	RDDT Reddit, Inc.	0.2%	$9.8M	New
73	ARM Arm Holdings plc	0.2%	$10.0M	−73.7%
74	BIDU Baidu, Inc.	0.2%	$10.1M	New
75	CVNA Carvana Co	0.2%	$9.9M	New
76	AA Alcoa Corp	0.2%	$9.7M	−87.6%
77	DHR Danaher Corporation	0.2%	$9.6M	New
78	FFIV F5, Inc.	0.2%	$9.2M	New
79	TMO Thermo Fisher Scientific Inc.	0.2%	$9.6M	New
80	VIST Vista Energy S.a.b. De C.v.	0.2%	$8.6M	No change
81	JBS Jbs N.v.	0.1%	$7.8M	No change
82	SKE Skeena Res Ltd	0.1%	$8.0M	New
83	GLUE Monte Rosa Therapeutics Inc	0.1%	$7.2M	New
84	RLAY Relay Therapeutics Inc	0.1%	$6.5M	New
85	CCC Ccc Intelligent Solutions Hl	0.1%	$6.0M	New
86	DBVT Dbv Technologies S A Sponsored	0.1%	$6.3M	No change
87	SOLS Solstice Advanced Matls Inc	0.1%	$5.5M	No change
88	UWMC Uwm Holdings Corporation	0.1%	$5.9M	New
89	NVTS Navitas Semiconductor Corporation	0.1%	$5.6M	New
90	BEAM Beam Therapeutics Inc.	0.1%	$5.3M	New
91	FTAI Ftai Aviation Ltd	0.1%	$5.5M	New
92	IREN IREN Limited	<0.1%	$4.0M	New
93	AUR Aurora Innovation, Inc.	<0.1%	$4.3M	New
94	GGAL Grupo Financiero Galicia S.a	<0.1%	$3.0M	New
95	Wave Life Sciences Ltd	<0.1%	$1.0M	No change

Questions

What does Stanley Druckenmiller own?