Stanley Druckenmiller’s portfolio: Duquesne Family Office 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001536411Latest: Q2 2026
Q2 2020 filing in brief
In its Q2 2020 13F, filed August 14, 2020, Duquesne Family Office reported $3.3B across 72 US positions. The largest: MSFT (11.2%), AMZN (7.2%), TMUS (5.0%), JPM (4.6%), NFLX (4.3%). In the quarter it opened 41 positions, sold out of 15, added to 8 and trimmed 13; positions opened and sold out came to 48.6% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Aug 14, 2020
- 41 New
- 8 Added
- 13 Trimmed
- 15 Exited
72 positions at June 30, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corp | $366M | 1.8M | 11.21% | +62.9% | Added |
| 2 | AMZN | Amazon Com Inc | $235M | 85.2K | 7.20% | −52.8% | Trimmed |
| 3 | TMUS | T-Mobile Us Inc | $164M | 1.6M | 5.01% | — | New |
| 4 | JPM | Jpmorgan Chase & Co | $152M | 1.6M | 4.64% | — | New |
| 5 | NFLX | Netflix Inc | $141M | 309.5K | 4.31% | −63.4% | Trimmed |
| 6 | PYPL | Paypal Hldgs Inc | $134M | 768.5K | 4.10% | −17.5% | Trimmed |
| 7 | WDAY | Workday Inc | $130M | 696.2K | 3.99% | −57.8% | Trimmed |
| 8 | GOOGL | Alphabet Inc | $123M | 86.5K | 3.75% | −38.1% | Trimmed |
| 9 | XBI | Spdr Ser Tr | $123M | 1.1M | 3.75% | — | New |
| 10 | ABX | Barrick Gold Corporation | $115M | 4.3M | 3.52% | 0.0% | Held |
| 11 | SE | Sea Ltd | $106M | 990.4K | 3.25% | −15.6% | Trimmed |
| 12 | BABA | Alibaba Group Hldg Ltd | $94M | 434.6K | 2.87% | +5.5% | Added |
| 13 | JD | Jd.Com Inc | $90M | 1.5M | 2.75% | +157.4% | Added |
| 14 | RETAEUR | Reata Pharmaceuticals Inc | $83M | 532.9K | 2.54% | +0.2% | Held |
| 15 | HD | Home Depot Inc | $77M | 309.1K | 2.37% | 0.0% | Held |
| 16 | FCX | Freeport-Mcmoran Inc | $75M | 6.5M | 2.29% | +364.6% | Added |
| 17 | SBUX | Starbucks Corp | $67M | 905.9K | 2.04% | — | New |
| 18 | BKNG | Booking Holdings Inc | $59M | 37.4K | 1.82% | — | New |
| 19 | ALNY | Alnylam Pharmaceuticals Inc | $55M | 368.4K | 1.67% | 0.0% | Held |
| 20 | META | Facebook Inc | $53M | 232.0K | 1.61% | −81.3% | Trimmed |
| 21 | SMARGBP | Smartsheet Inc | $52M | 1.0M | 1.58% | — | New |
| 22 | CCL1EUR | Carnival Corp | $46M | 2.8M | 1.41% | — | New |
| 23 | WFC | Wells Fargo Co New | $40M | 1.5M | 1.21% | — | New |
| 24 | LYV | Live Nation Entertainment In | $37M | 829.1K | 1.12% | — | New |
| 25 | CB | Chubb Limited | $36M | 282.6K | 1.10% | — | New |
| 26 | MELI | Mercadolibre Inc | $35M | 35.7K | 1.08% | — | New |
| 27 | INSM | Insmed Inc | $34M | 1.2M | 1.03% | — | New |
| 28 | PENN | Penn Natl Gaming Inc | $32M | 1.0M | 0.98% | — | New |
| 29 | — | General Electric Co | $30M | 4.4M | 0.91% | −45.1% | Trimmed |
| 30 | SRPT | Sarepta Therapeutics Inc | $27M | 169.3K | 0.83% | — | New |
| 31 | FSLY | Fastly Inc | $25M | 296.6K | 0.77% | +155.6% | Added |
| 32 | REGN | Regeneron Pharmaceuticals | $24M | 38.7K | 0.74% | — | New |
| 33 | BMRN | Biomarin Pharmaceutical Inc | $24M | 192.7K | 0.73% | — | New |
| 34 | WEN | Wendys Co | $22M | 1.0M | 0.69% | — | New |
| 35 | FIS | Fidelity Natl Information Sv | $22M | 167.6K | 0.69% | −51.5% | Trimmed |
| 36 | TAL | Tal Education Group | $21M | 312.3K | 0.65% | 0.0% | Held |
| 37 | AZO | Autozone Inc | $21M | 18.9K | 0.65% | — | New |
| 38 | MAR | Marriott Intl Inc New | $21M | 247.3K | 0.65% | — | New |
| 39 | CRWD | Crowdstrike Hldgs Inc | $19M | 189.5K | 0.58% | +19.2% | Added |
| 40 | 1T7 | Tricida Inc | $19M | 688.3K | 0.58% | 0.0% | Held |
| 41 | ATVIEUR | Activision Blizzard Inc | $16M | 211.3K | 0.49% | −86.5% | Trimmed |
| 42 | DIS | Disney Walt Co | $16M | 143.3K | 0.49% | — | New |
| 43 | SYF | Synchrony Financial | $16M | 703.0K | 0.48% | — | New |
| 44 | ZBH | Zimmer Biomet Holdings Inc | $15M | 122.2K | 0.45% | — | New |
| 45 | BNTX | Biontech Se | $14M | 204.4K | 0.42% | — | New |
| 46 | DISH | Dish Network Corporation | $14M | 392.7K | 0.41% | −59.4% | Trimmed |
| 47 | YUM | Yum Brands Inc | $13M | 151.1K | 0.40% | — | New |
| 48 | LEN | Lennar Corp | $11M | 184.9K | 0.35% | — | New |
| 49 | IQV | Iqvia Hldgs Inc | $10M | 71.7K | 0.31% | −76.3% | Trimmed |
| 50 | FLT1EUR | Fleetcor Technologies Inc | $10M | 39.6K | 0.30% | — | New |
| 51 | PLANUSD | Anaplan Inc | $10M | 212.7K | 0.29% | +24.6% | Added |
| 52 | DKNG1USD | Draftkings Inc | $9M | 278.0K | 0.28% | — | New |
| 53 | DAL | Delta Air Lines Inc Del | $9M | 325.1K | 0.28% | — | New |
| 54 | BAC | Verizon Communications Inc | $9M | 160.7K | 0.27% | — | New |
| 55 | USB | Us Bancorp Del | $9M | 231.5K | 0.26% | — | New |
| 56 | — | Flex Ltd | $7M | 711.2K | 0.22% | +55.0% | Added |
| 57 | GWRE | Guidewire Software Inc | $6M | 58.1K | 0.20% | — | New |
| 58 | KMX | Carmax Inc | $6M | 62.7K | 0.17% | — | New |
| 59 | BILL | Bill Com Hldgs Inc | $5M | 59.2K | 0.16% | — | New |
| 60 | OMF | Onemain Hldgs Inc | $5M | 209.3K | 0.16% | — | New |
| 61 | ONC | Beigene Ltd | $5M | 26.2K | 0.15% | — | New |
| 62 | LVS | Las Vegas Sands Corp | $4M | 97.8K | 0.14% | −44.5% | Trimmed |
| 63 | DIS | Disney Walt Cocall option | $3M | 29.9K | 0.10% | 0.0% | Held |
| 64 | NXTC | Nextcure Inc | $3M | 141.5K | 0.09% | 0.0% | Held |
| 65 | F | Ford Mtr Co Del | $3M | 497.5K | 0.09% | — | New |
| 66 | DOCU | Docusign Inc | $3M | 17.5K | 0.09% | — | New |
| 67 | — | General Electric Cocall option | $3M | 420.7K | 0.09% | 0.0% | Held |
| 68 | DHI | D R Horton Inc | $3M | 46.5K | 0.08% | — | New |
| 69 | PAG | Penske Automotive Grp Inc | $2M | 40.0K | 0.05% | — | New |
| 70 | — | Vapotherm Inc | $969K | 23.6K | 0.03% | — | New |
| 71 | TMUSREUR | T-Mobile Us Inc | $177K | 1.1M | 0.01% | — | New |
| 72 | — | Intelsat S A | $14K | 25.0K | 0.00% | 0.0% | Held |
15 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| ABT | Abbott Labs | $62M | 791.3K |
| QCOM | Qualcomm Inc | $32M | 472.1K |
| NOW | Servicenow Inc | $32M | 110.0K |
| ADBE | Adobe Inc | $19M | 59.9K |
| INDA | Ishares Tr | $18M | 750.5K |
| COUPEUR | Coupa Software Inc | $13M | 94.0K |
| — | 2U Inc | $9M | 444.7K |
| — | New Oriental Ed & Tech Grp I | $9M | 80.2K |
| SONY | Sony Corp | $9M | 146.4K |
| TWLO | Twilio Inc | $2M | 26.6K |
| TME | Tencent Music Entmt Group | $2M | 213.8K |
| — | Xp Inc | $965K | 50.0K |
| DDOG | Datadog Inc | $929K | 25.8K |
| LKNCY | Luckin Coffee Inc | $578K | 21.3K |
| UBER | Uber Technologies Inccall option | $11K | 400 |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.