Duquesne Family Office Stanley Druckenmiller
Holdings as of the end of Q1 2026, reported in its 13F filing on May 15, 2026; changes vs Q4 2025. Source
Reported value
$2.9B
at quarter-end prices
Positions
65
top 10 are 59% of it
Bought · Q1 2026
37
30 new, 7 added 20%+
Sold · Q1 2026
39
23 sold out, 16 cut 20%+
Holdings 65
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q4 2025 |
|---|---|---|---|---|---|---|
| 1 | NTRA | Natera Inc | 3,063,606 | $612.7M | 20.9% | +22% |
| 2 | INSM | Insmed Inc | 1,154,090 | $188.7M | 6.4% | -22% |
| 3 | TSM | Taiwan Semiconductor Manufac | 495,280 | $167.4M | 5.7% | -9% |
| 4 | YPF | Ypf Sociedad Anonima | 3,235,962 | $149.6M | 5.1% | +433% |
| 5 | EWZ | Ishares Inc | 3,436,170 | $131.9M | 4.5% | -3% |
| 6 | TBBB | Bbb Foods Inc | 3,109,202 | $110M | 3.7% | +16% |
| 7 | AA | Alcoa Corp | 1,493,390 | $99.1M | 3.4% | +9% |
| 8 | — | Newamsterdam Pharma Company | 3,070,146 | $98.3M | 3.3% | — |
| 9 | SE | Sea Ltd | 1,099,905 | $91.1M | 3.1% | +17% |
| 10 | STM | Stmicroelectronics N V | 2,612,880 | $90.3M | 3.1% | +238% |
| 11 | WWD | Woodward Inc | 211,355 | $75.6M | 2.6% | -64% |
| 12 | — | Teva Pharmaceutical Inds Ltd | 2,377,285 | $71.6M | 2.4% | -60% |
| 13 | ROKU | Roku Inc | 750,190 | $71M | 2.4% | +29% |
| 14 | AVGO | Broadcom Inc | 195,955 | $60.6M | 2.1% | new |
| 15 | CPNG | Coupang Inc | 2,667,485 | $50.4M | 1.7% | -61% |
| 16 | OPCH | Option Care Health Inc | 1,868,550 | $50.3M | 1.7% | +7% |
| 17 | — | Crh Plc | 377,555 | $39.7M | 1.4% | -21% |
| 18 | FIGR | Figure Technology Solutio | 1,150,415 | $39.1M | 1.3% | -25% |
| 19 | ARGT | Global X Fds | 387,400 | $36.2M | 1.2% | new |
| 20 | CAI | Caris Life Sciences Inc | 1,894,450 | $33.9M | 1.2% | new |
| 21 | QSR | Restaurant Brands Intl Inc | 454,435 | $33.6M | 1.1% | -62% |
| 22 | RVMD | Revolution Medicines Inc | 315,860 | $30.7M | 1.0% | new |
| 23 | LSCC | Lattice Semiconductor Corp | 323,135 | $30M | 1.0% | -65% |
| 24 | SNDK | Sandisk Corp | 38,155 | $24.2M | 0.83% | new |
| 25 | UAL | United Airls Hldgs Inc | 262,495 | $24.2M | 0.82% | -25% |
| 26 | HUM | Humana Inc | 137,505 | $23.8M | 0.81% | new |
| 27 | WAB | Wabtec | 94,895 | $23.7M | 0.81% | -68% |
| 28 | TWLO | Twilio Inc | 181,760 | $22.9M | 0.78% | new |
| 29 | JBL | Jabil Inc | 82,200 | $21.8M | 0.74% | new |
| 30 | SCCO | Southern Copper Corp | 121,843 | $21M | 0.71% | +1% |
| 31 | GSG | Ishares S&P Gsci Commodity- | 643,000 | $20.7M | 0.71% | new |
| 32 | LIN | Linde Plc | 41,200 | $20.4M | 0.70% | new |
| 33 | — | Seagate Technology Hldngs Pl | 50,700 | $19.9M | 0.68% | new |
| 34 | CLF | Cleveland-Cliffs Inc New | 2,313,455 | $19.5M | 0.67% | +33% |
| 35 | NUVB | Nuvation Bio Inc | 4,539,800 | $19.5M | 0.66% | new |
| 36 | BE | Bloom Energy Corp | 136,320 | $18.5M | 0.63% | -82% |
| 37 | INTC | Intel Corp | 411,400 | $18.2M | 0.62% | new |
| 38 | BLTE | Belite Bio Inc Sponsored | 106,100 | $16.9M | 0.58% | new |
| 39 | PTGX | Protagonist Therapeutics Inc | 159,700 | $16.8M | 0.57% | — |
| 40 | U | Unity Software Inc | 738,785 | $16.2M | 0.55% | +80% |
| 41 | ARM | Arm Holdings Plc | 106,700 | $16.1M | 0.55% | new |
| 42 | OLMA | Olema Pharmaceuticals Inc | 986,827 | $14.7M | 0.50% | new |
| 43 | Q | Qnity Electronics Inc | 125,655 | $14.5M | 0.49% | new |
| 44 | ADMA | Adma Biologics Inc | 1,545,610 | $13.9M | 0.47% | +513% |
| 45 | XENE | Xenon Pharmaceuticals Inc | 238,600 | $13.9M | 0.47% | new |
| 46 | JBS | Jbs N.V. | 655,900 | $11.8M | 0.40% | new |
| 47 | DAKT | Daktronics Inc | 562,637 | $11M | 0.37% | -34% |
| 48 | NET | Cloudflare Inc | 52,535 | $10.8M | 0.37% | new |
| 49 | LYB | Lyondellbasell Industries Nv | 131,435 | $10.6M | 0.36% | new |
| 50 | VIST | Vista Energy S.A.B. De C.V. | 134,700 | $10.2M | 0.35% | new |
| 51 | TWST | Twist Bioscience Corp | 206,000 | $9.8M | 0.33% | new |
| 52 | COHR | Coherent Corp | 40,400 | $9.6M | 0.33% | new |
| 53 | AMZN | Amazon Com Inc | 45,800 | $9.5M | 0.32% | -94% |
| 54 | CLS | Celestica Inc | 33,275 | $9.4M | 0.32% | new |
| 55 | STUB | Stubhub Hldgs Inc | 1,367,177 | $8.5M | 0.29% | -41% |
| 56 | DBVT | Dbv Technologies S A Sponsored | 383,363 | $8M | 0.27% | new |
| 57 | MU | Micron Technology Inc | 23,400 | $7.9M | 0.27% | new |
| 58 | ECHO | Echostar Corp | 60,765 | $7.1M | 0.24% | — |
| 59 | ALM | Almonty Inds Inc | 469,880 | $6.8M | 0.23% | — |
| 60 | PCT | Purecycle Technologies Inc | 963,189 | $5M | 0.17% | -67% |
| 61 | LITE | Lumentum Hldgs Inc | 6,963 | $4.9M | 0.17% | new |
| 62 | MELI | Mercadolibre Inc | 2,766 | $4.8M | 0.16% | -94% |
| 63 | SOLS | Solstice Advanced Matls Inc | 62,525 | $4.8M | 0.16% | new |
| 64 | WLK | Westlake Corporation | 21,194 | $2.5M | 0.08% | new |
| 65 | WVE | Wave Life Sciences Ltd | 173,000 | $1.3M | 0.04% | — |
Sold out in Q1 2026 23
| Stock | Company | Shares held in Q4 2025 | Value then | Of portfolio then |
|---|---|---|---|---|
| XLF | Select Sector Spdr Tr | 5,495,600 | $301M | 7.1% |
| RSP | Invesco Exchange Traded Fd T | 1,173,925 | $224.9M | 5.3% |
| GOOGL | Alphabet Inc | 385,000 | $120.5M | 2.9% |
| COGT | Cogent Biosciences Inc | 2,214,470 | $78.7M | 1.9% |
| ENTG | Entegris Inc | 844,160 | $71.1M | 1.7% |
| DOCU | Docusign Inc | 1,019,085 | $69.7M | 1.7% |
| EEM | Ishares Tr | 902,500 | $49.4M | 1.2% |
| DAL | Delta Air Lines Inc Del | 650,910 | $45.2M | 1.1% |
| ON | On Semiconductor Corp | 536,260 | $29M | 0.69% |
| — | Flutter Entmt Plc | 115,245 | $24.8M | 0.59% |
| AEVA | Aeva Technologies Inc | 1,824,862 | $24.2M | 0.57% |
| GS | Goldman Sachs Group Inc | 27,500 | $24.2M | 0.57% |
| RH | Rh | 88,200 | $15.8M | 0.37% |
| CMG | Chipotle Mexican Grill Inc | 391,930 | $14.5M | 0.34% |
| Z | Zillow Group Inc | 192,640 | $13.1M | 0.31% |
| — | Cidara Therapeutics Inc | 49,495 | $10.9M | 0.26% |
| PM | Philip Morris Intl Inc | 67,400 | $10.8M | 0.26% |
| AAL | American Airls Group Inc | 639,785 | $9.8M | 0.23% |
| AGX | Argan Inc | 30,000 | $9.4M | 0.22% |
| DASH | Doordash Inc | 35,900 | $8.1M | 0.19% |
| PGNY | Progyny Inc | 295,115 | $7.6M | 0.18% |
| WOLF | Wolfspeed Inc | 186,900 | $3.3M | 0.08% |
| NP | Neptune Ins Hldgs Inc | 20,000 | $583K | 0.01% |
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.