Duquesne Family Office Stanley Druckenmiller
截至 Q4 2025 季末的持股，於 2026年2月17日 的 13F 申報中揭露；變動與 Q3 2025 比較。 來源
申報市值
$4.2B
以季末價格計算
持股數
58
前 10 大占 55%
買進 · Q4 2025
38
26 檔新建，12 檔加碼 20% 以上
賣出 · Q4 2025
42
30 檔出清，12 檔減碼 20% 以上
持股 58
| # | 股票 | 公司 | 股數 | 金額 | 占投資組合 | 股數與 Q3 2025 比較 |
|---|---|---|---|---|---|---|
| 1 | NTRA | Natera Inc | 2,511,357 | $575.3M | 13.6% | -22% |
| 2 | XLF | Select Sector Spdr Tr | 5,495,600 | $301M | 7.1% | 新 |
| 3 | INSM | Insmed Inc | 1,481,752 | $257.9M | 6.1% | -39% |
| 4 | RSP | Invesco Exchange Traded Fd T | 1,173,925 | $224.9M | 5.3% | 新 |
| 5 | — | Teva Pharmaceutical Inds Ltd | 5,874,870 | $183.4M | 4.3% | -65% |
| 6 | WWD | Woodward Inc | 590,930 | $178.7M | 4.2% | -7% |
| 7 | AMZN | Amazon Com Inc | 737,940 | $170.3M | 4.0% | +69% |
| 8 | TSM | Taiwan Semiconductor Mfg Ltd | 543,085 | $165M | 3.9% | -29% |
| 9 | CPNG | Coupang Inc | 6,772,909 | $159.8M | 3.8% | +46% |
| 10 | GOOGL | Alphabet Inc | 385,000 | $120.5M | 2.9% | +277% |
| 11 | SE | Sea Ltd | 944,120 | $120.4M | 2.9% | +244% |
| 12 | EWZ | Ishares Inc | 3,552,575 | $112.9M | 2.7% | 新 |
| 13 | — | Newamsterdam Pharma Company | 3,070,146 | $107.7M | 2.6% | +60% |
| 14 | MELI | Mercadolibre Inc | 47,149 | $95M | 2.3% | -19% |
| 15 | TBBB | Bbb Foods Inc | 2,675,152 | $89.3M | 2.1% | +126% |
| 16 | QSR | Restaurant Brands Intl Inc | 1,209,000 | $82.5M | 2.0% | +7% |
| 17 | COGT | Cogent Biosciences Inc | 2,214,470 | $78.7M | 1.9% | +109% |
| 18 | AA | Alcoa Corp | 1,376,050 | $73.1M | 1.7% | 新 |
| 19 | ENTG | Entegris Inc | 844,160 | $71.1M | 1.7% | 新 |
| 20 | DOCU | Docusign Inc | 1,019,085 | $69.7M | 1.7% | -40% |
| 21 | LSCC | Lattice Semiconductor Corp | 925,970 | $68.1M | 1.6% | 新 |
| 22 | BE | Bloom Energy Corp | 740,545 | $64.3M | 1.5% | 新 |
| 23 | WAB | Wabtec | 300,110 | $64.1M | 1.5% | -1% |
| 24 | ROKU | Roku Inc | 582,980 | $63.2M | 1.5% | -29% |
| 25 | FIGR | Figure Technology Solutio | 1,539,785 | $62.9M | 1.5% | -27% |
| 26 | — | Crh Plc | 474,955 | $59.3M | 1.4% | +21% |
| 27 | OPCH | Option Care Health Inc | 1,745,950 | $55.6M | 1.3% | +79% |
| 28 | EEM | Ishares Tr | 902,500 | $49.4M | 1.2% | -52% |
| 29 | DAL | Delta Air Lines Inc Del | 650,910 | $45.2M | 1.1% | 新 |
| 30 | UAL | United Airls Hldgs Inc | 348,400 | $39M | 0.92% | 新 |
| 31 | STUB | Stubhub Hldgs Inc | 2,305,751 | $31.2M | 0.74% | -46% |
| 32 | ON | On Semiconductor Corp | 536,260 | $29M | 0.69% | 新 |
| 33 | — | Flutter Entmt Plc | 115,245 | $24.8M | 0.59% | — |
| 34 | PCT | Purecycle Technologies Inc | 2,878,434 | $24.7M | 0.59% | +25% |
| 35 | AEVA | Aeva Technologies Inc | 1,824,862 | $24.2M | 0.57% | -1% |
| 36 | GS | Goldman Sachs Group Inc | 27,500 | $24.2M | 0.57% | 新 |
| 37 | CLF | Cleveland-Cliffs Inc New | 1,745,655 | $23.2M | 0.55% | -36% |
| 38 | YPF | Ypf Sociedad Anonima | 606,990 | $21.9M | 0.52% | +429% |
| 39 | STM | Stmicroelectronics N V | 773,555 | $20.1M | 0.48% | 新 |
| 40 | U | Unity Software Inc | 410,020 | $18.1M | 0.43% | -54% |
| 41 | SCCO | Southern Copper Corp | 120,817 | $17.3M | 0.41% | 新 |
| 42 | DAKT | Daktronics Inc | 852,960 | $16.9M | 0.40% | -41% |
| 43 | RH | Rh | 88,200 | $15.8M | 0.37% | 新 |
| 44 | CMG | Chipotle Mexican Grill Inc | 391,930 | $14.5M | 0.34% | +68% |
| 45 | PTGX | Protagonist Therapeutics Inc | 159,700 | $13.9M | 0.33% | — |
| 46 | Z | Zillow Group Inc | 192,640 | $13.1M | 0.31% | 新 |
| 47 | — | Cidara Therapeutics Inc | 49,495 | $10.9M | 0.26% | 新 |
| 48 | PM | Philip Morris Intl Inc | 67,400 | $10.8M | 0.26% | 新 |
| 49 | AAL | American Airls Group Inc | 639,785 | $9.8M | 0.23% | 新 |
| 50 | AGX | Argan Inc | 30,000 | $9.4M | 0.22% | 新 |
| 51 | DASH | Doordash Inc | 35,900 | $8.1M | 0.19% | 新 |
| 52 | PGNY | Progyny Inc | 295,115 | $7.6M | 0.18% | 新 |
| 53 | ECHO | Echostar Corp | 60,765 | $6.6M | 0.16% | — |
| 54 | ADMA | Adma Biologics Inc | 252,200 | $4.6M | 0.11% | 新 |
| 55 | ALM | Almonty Inds Inc | 469,880 | $4.1M | 0.10% | 新 |
| 56 | WOLF | Wolfspeed Inc | 186,900 | $3.3M | 0.08% | 新 |
| 57 | WVE | Wave Life Sciences Ltd | 173,000 | $2.9M | 0.07% | 新 |
| 58 | NP | Neptune Ins Hldgs Inc | 20,000 | $583K | 0.01% | 新 |
Q4 2025 出清 30
| 股票 | 公司 | Q3 2025 持有股數 | 當時市值 | 當時占投資組合 |
|---|---|---|---|---|
| — | Verona Pharma Plc | 1,002,080 | $106.9M | 2.7% |
| META | Meta Platforms Inc | 76,100 | $55.9M | 1.4% |
| CRS | Carpenter Technology Corp | 220,035 | $54M | 1.4% |
| C | Citigroup Inc | 514,850 | $52.3M | 1.3% |
| TWLO | Twilio Inc | 512,800 | $51.3M | 1.3% |
| BAC | Bank America Corp | 989,250 | $51M | 1.3% |
| EQT | Eqt Corp | 894,950 | $48.7M | 1.2% |
| GEV | Ge Vernova Inc | 77,320 | $47.5M | 1.2% |
| VST | Vistra Corp | 233,985 | $45.8M | 1.2% |
| LEN | Lennar Corp | 279,424 | $35.2M | 0.90% |
| DHI | D R Horton Inc | 205,150 | $34.8M | 0.88% |
| FWONK | Liberty Media Corp Del | 288,400 | $30.1M | 0.77% |
| DKS | Dicks Sporting Goods Inc | 132,425 | $29.4M | 0.75% |
| KBE | Spdr Series Trust | 482,095 | $28.6M | 0.73% |
| PCG | Pg&E Corp | 1,649,300 | $24.9M | 0.63% |
| ARM | Arm Holdings Plc | 167,900 | $23.8M | 0.60% |
| — | Nu Hldgs Ltd | 1,454,180 | $23.3M | 0.59% |
| SMTC | Semtech Corp | 301,515 | $21.5M | 0.55% |
| — | Seagate Technology Hldngs Pl | 85,900 | $20.3M | 0.52% |
| GPC | Genuine Parts Co | 144,185 | $20M | 0.51% |
| ELVN | Enliven Therapeutics Inc | 947,405 | $19.4M | 0.49% |
| POST | Post Hldgs Inc | 176,400 | $19M | 0.48% |
| SNDK | Sandisk Corp | 166,235 | $18.7M | 0.47% |
| SYF | Synchrony Financial | 261,825 | $18.6M | 0.47% |
| ARGT | Global X Fds | 254,045 | $17.7M | 0.45% |
| COF | Capital One Finl Corp | 43,920 | $9.3M | 0.24% |
| SEI | Solaris Energy Infras Inc | 145,600 | $5.8M | 0.15% |
| MDB | Mongodb Inc | 17,710 | $5.5M | 0.14% |
| TXRH | Texas Roadhouse Inc | 29,800 | $5M | 0.13% |
| CHYM | Chime Finl Inc | 43,230 | $872K | 0.02% |
13F 申報列出季末在美國上市的多頭部位（股票與 ADR）：不含放空、現金、債券或外國股票；此處也不列選擇權與本金金額。季末之後的交易要到下一次申報才會出現。變動是與前一季的股數比較（股票分割可能顯示為加碼）。並非投資建議。