Stanley Druckenmiller’s portfolio: Duquesne Family Office 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001536411Latest: Q2 2026
Q3 2020 filing in brief
In its Q3 2020 13F, filed November 16, 2020, Duquesne Family Office reported $3.4B across 61 US positions. The largest: MSFT (16.1%), AMZN (7.9%), TMUS (6.6%), BABA (4.7%), SE (4.4%). In the quarter it opened 16 positions, sold out of 27, added to 18 and trimmed 13; positions opened and sold out came to 29.2% 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 Nov 16, 2020
- 16 New
- 18 Added
- 13 Trimmed
- 27 Exited
61 positions at September 30, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft Corp | $556M | 2.6M | 16.15% | +47.0% | Added |
| 2 | AMZN | Amazon Com Inc | $273M | 86.7K | 7.93% | +1.7% | Added |
| 3 | TMUS | T-Mobile Us Inc | $228M | 2.0M | 6.62% | +26.9% | Added |
| 4 | BABA | Alibaba Group Hldg Ltd | $160M | 545.8K | 4.66% | +25.6% | Added |
| 5 | SE | Sea Ltd | $151M | 981.1K | 4.39% | −0.9% | Held |
| 6 | NFLX | Netflix Inc | $139M | 278.4K | 4.04% | −10.1% | Trimmed |
| 7 | PENN | Penn Natl Gaming Inc | $138M | 1.9M | 3.99% | +80.8% | Added |
| 8 | ABX | Barrick Gold Corp | $136M | 4.9M | 3.96% | +13.6% | Added |
| 9 | SBUX | Starbucks Corp | $126M | 1.5M | 3.65% | +61.4% | Added |
| 10 | JD | Jd.Com Inc | $118M | 1.5M | 3.43% | +2.0% | Added |
| 11 | FCX | Freeport-Mcmoran Inc | $99M | 6.3M | 2.87% | −2.3% | Trimmed |
| 12 | NUANEUR | Nuance Communications Inc | $97M | 2.9M | 2.81% | — | New |
| 13 | MELI | Mercadolibre Inc | $77M | 71.1K | 2.23% | +99.2% | Added |
| 14 | GDX | Vaneck Vectors Etf Tr | $71M | 1.8M | 2.06% | — | New |
| 15 | GOOGL | Alphabet Inc | $60M | 41.2K | 1.75% | −52.4% | Trimmed |
| 16 | NEE | Nextera Energy Inc | $60M | 215.9K | 1.74% | — | New |
| 17 | META | Facebook Inc | $54M | 207.9K | 1.58% | −10.4% | Trimmed |
| 18 | ALNY | Alnylam Pharmaceuticals Inc | $54M | 368.4K | 1.56% | 0.0% | Held |
| 19 | RETAEUR | Reata Pharmaceuticals Inc | $53M | 543.9K | 1.54% | +2.1% | Added |
| 20 | SMARGBP | Smartsheet Inc | $53M | 1.1M | 1.54% | +5.3% | Added |
| 21 | WDAY | Workday Inc | $51M | 236.1K | 1.47% | −66.1% | Trimmed |
| 22 | XLI | Select Sector Spdr Tr | $50M | 650.0K | 1.45% | — | New |
| 23 | FIS | Fidelity Natl Information Sv | $47M | 317.9K | 1.36% | +89.7% | Added |
| 24 | BAC | Verizon Communications Inc | $34M | 567.4K | 0.98% | +253.2% | Added |
| 25 | CCL1EUR | Carnival Corp | $30M | 2.0M | 0.88% | −28.4% | Trimmed |
| 26 | BKNG | Booking Holdings Inc | $30M | 17.3K | 0.86% | −53.7% | Trimmed |
| 27 | EXPE | Expedia Group Inc | $29M | 316.3K | 0.84% | — | New |
| 28 | PYPL | Paypal Hldgs Inc | $28M | 141.3K | 0.81% | −81.6% | Trimmed |
| 29 | CCL1EUR | Carnival Corpcall option | $28M | 1.8M | 0.80% | — | New |
| 30 | — | General Electric Co | $27M | 4.4M | 0.79% | 0.0% | Held |
| 31 | LYV | Live Nation Entertainment In | $26M | 489.6K | 0.77% | −40.9% | Trimmed |
| 32 | WEN | Wendys Co | $26M | 1.2M | 0.76% | +13.3% | Added |
| 33 | TAL | Tal Education Group | $24M | 312.3K | 0.69% | 0.0% | Held |
| 34 | SYF | Synchrony Financial | $23M | 883.6K | 0.67% | +25.7% | Added |
| 35 | CVNA | Carvana Co | $21M | 91.9K | 0.60% | — | New |
| 36 | PANW | Palo Alto Networks Inc | $20M | 82.3K | 0.58% | — | New |
| 37 | REGN | Regeneron Pharmaceuticals | $20M | 35.6K | 0.58% | −8.1% | Trimmed |
| 38 | DIS | Disney Walt Co | $18M | 143.3K | 0.52% | 0.0% | Held |
| 39 | FSLY | Fastly Inc | $17M | 180.4K | 0.49% | −39.2% | Trimmed |
| 40 | LEN | Lennar Corp | $15M | 184.9K | 0.44% | 0.0% | Held |
| 41 | ADI | Analog Devices Inc | $15M | 127.5K | 0.43% | — | New |
| 42 | BMRN | Biomarin Pharmaceutical Inc | $15M | 192.7K | 0.43% | 0.0% | Held |
| 43 | YUM | Yum Brands Inc | $14M | 151.1K | 0.40% | 0.0% | Held |
| 44 | USB | Us Bancorp Del | $13M | 363.5K | 0.38% | +57.0% | Added |
| 45 | SONY | Sony Corp | $13M | 167.3K | 0.37% | — | New |
| 46 | DISH | Dish Network Corporation | $11M | 392.7K | 0.33% | 0.0% | Held |
| 47 | IQV | Iqvia Hldgs Inc | $11M | 71.7K | 0.33% | 0.0% | Held |
| 48 | NET | Cloudflare Inc | $11M | 256.5K | 0.31% | — | New |
| 49 | UBER | Uber Technologies Inc | $10M | 271.4K | 0.29% | — | New |
| 50 | QCOM | Qualcomm Inc | $10M | 82.6K | 0.28% | — | New |
| 51 | JPM | Jpmorgan Chase & Co | $9M | 98.2K | 0.27% | −93.9% | Trimmed |
| 52 | TECK | Teck Resources Ltd | $9M | 661.2K | 0.27% | — | New |
| 53 | ONC | Beigene Ltd | $9M | 31.0K | 0.26% | +18.5% | Added |
| 54 | — | Flex Ltd | $8M | 711.2K | 0.23% | 0.0% | Held |
| 55 | DIS | Disney Walt Cocall option | $4M | 29.9K | 0.11% | 0.0% | Held |
| 56 | LVS | Las Vegas Sands Corp | $4M | 77.9K | 0.11% | −20.3% | Trimmed |
| 57 | DHI | D R Horton Inc | $4M | 46.5K | 0.10% | 0.0% | Held |
| 58 | — | Arco Platform Ltd Com | $3M | 84.7K | 0.10% | — | New |
| 59 | — | General Electric Cocall option | $3M | 420.7K | 0.08% | 0.0% | Held |
| 60 | — | Vapotherm Inc | $2M | 77.7K | 0.07% | +228.6% | Added |
| 61 | ZLAB | Zai Lab Ltd | $2M | 20.6K | 0.05% | — | New |
27 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 |
|---|---|---|---|
| XBI | Spdr Ser Tr | $123M | 1.1M |
| HD | Home Depot Inc | $77M | 309.1K |
| WFC | Wells Fargo Co New | $40M | 1.5M |
| CB | Chubb Limited | $36M | 282.6K |
| INSM | Insmed Inc | $34M | 1.2M |
| SRPT | Sarepta Therapeutics Inc | $27M | 169.3K |
| AZO | Autozone Inc | $21M | 18.9K |
| MAR | Marriott Intl Inc New | $21M | 247.3K |
| CRWD | Crowdstrike Hldgs Inc | $19M | 189.5K |
| 1T7 | Tricida Inc | $19M | 688.3K |
| ATVIEUR | Activision Blizzard Inc | $16M | 211.3K |
| ZBH | Zimmer Biomet Holdings Inc | $15M | 122.2K |
| BNTX | Biontech Se | $14M | 204.4K |
| FLT1EUR | Fleetcor Technologies Inc | $10M | 39.6K |
| PLANUSD | Anaplan Inc | $10M | 212.7K |
| DKNG1USD | Draftkings Inc | $9M | 278.0K |
| DAL | Delta Air Lines Inc Del | $9M | 325.1K |
| GWRE | Guidewire Software Inc | $6M | 58.1K |
| KMX | Carmax Inc | $6M | 62.7K |
| BILL | Bill Com Hldgs Inc | $5M | 59.2K |
| OMF | Onemain Hldgs Inc | $5M | 209.3K |
| NXTC | Nextcure Inc | $3M | 141.5K |
| F | Ford Mtr Co Del | $3M | 497.5K |
| DOCU | Docusign Inc | $3M | 17.5K |
| PAG | Penske Automotive Grp Inc | $2M | 40.0K |
| TMUSREUR | T-Mobile Us Inc | $177K | 1.1M |
| — | Intelsat S A | $14K | 25.0K |
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.