Stanley Druckenmiller’s portfolio: Duquesne Family Office 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001536411Latest: Q2 2026
Q1 2021 filing in brief
In its Q1 2021 13F, filed May 17, 2021, Duquesne Family Office reported $4.5B across 63 US positions. The largest: CPNG (12.2%), MSFT (11.1%), SBUX (5.5%), AMZN (5.2%), FCX (4.5%). In the quarter it opened 28 positions, sold out of 21, added to 12 and trimmed 12; positions opened and sold out came to 54% 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 May 17, 2021
- 28 New
- 12 Added
- 12 Trimmed
- 21 Exited
63 positions at March 31, 2021. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | CPNG | Coupang Inc | $554M | 11.2M | 12.23% | — | New |
| 2 | MSFT | Microsoft Corp | $502M | 2.1M | 11.08% | −19.3% | Trimmed |
| 3 | SBUX | Starbucks Corp | $247M | 2.3M | 5.45% | +14.3% | Added |
| 4 | AMZN | Amazon Com Inc | $234M | 75.6K | 5.17% | −8.6% | Trimmed |
| 5 | FCX | Freeport-Mcmoran Inc | $202M | 6.1M | 4.45% | −2.5% | Trimmed |
| 6 | TMUS | T-Mobile Us Inc | $199M | 1.6M | 4.39% | −32.1% | Trimmed |
| 7 | C | Citigroup Inc | $155M | 2.1M | 3.41% | — | New |
| 8 | PLTR | Palantir Technologies Inc | $139M | 6.0M | 3.08% | — | New |
| 9 | PANW | Palo Alto Networks Inc | $134M | 417.1K | 2.97% | −9.1% | Trimmed |
| 10 | SE | Sea Ltd | $130M | 583.1K | 2.87% | −23.8% | Trimmed |
| 11 | AFRM | Affirm Hldgs Inc | $98M | 1.4M | 2.15% | — | New |
| 12 | PENN | Penn Natl Gaming Inc | $94M | 900.3K | 2.08% | −40.7% | Trimmed |
| 13 | TECK | Teck Resources Ltd | $87M | 4.6M | 1.93% | +38.9% | Added |
| 14 | CMI | Cummins Inc | $84M | 324.7K | 1.86% | +48.1% | Added |
| 15 | ON | On Semiconductor Corp | $77M | 1.8M | 1.69% | — | New |
| 16 | EXPE | Expedia Group Inc | $76M | 443.1K | 1.68% | +63.9% | Added |
| 17 | RETAEUR | Reata Pharmaceuticals Inc | $75M | 749.9K | 1.65% | 0.0% | Held |
| 18 | ABX | Barrick Gold Corp | $71M | 3.6M | 1.58% | 0.0% | Held |
| 19 | BKNG | Booking Holdings Inc | $70M | 29.9K | 1.54% | — | New |
| 20 | INTU | Intuit | $67M | 175.5K | 1.48% | — | New |
| 21 | GOOGL | Alphabet Inc | $64M | 31.2K | 1.42% | +63.8% | Added |
| 22 | MELI | Mercadolibre Inc | $64M | 43.3K | 1.41% | −31.6% | Trimmed |
| 23 | BLDR | Builders Firstsource Inc | $61M | 1.3M | 1.35% | — | New |
| 24 | — | General Electric Co | $57M | 4.4M | 1.27% | 0.0% | Held |
| 25 | CVNA | Carvana Co | $56M | 213.9K | 1.24% | −56.0% | Trimmed |
| 26 | META | Facebook Inc | $55M | 185.4K | 1.21% | — | New |
| 27 | — | Flex Ltd | $51M | 2.8M | 1.13% | +61.6% | Added |
| 28 | UBER | Uber Technologies Inc | $48M | 871.7K | 1.05% | +171.0% | Added |
| 29 | TSM | Taiwan Semiconductor Mfg Ltd | $46M | 391.5K | 1.02% | — | New |
| 30 | — | Linde Plc | $45M | 159.2K | 0.98% | +10.0% | Added |
| 31 | RUN | Sunrun Inc | $40M | 661.5K | 0.88% | 0.0% | Held |
| 32 | JPM | Jpmorgan Chase & Co | $39M | 258.4K | 0.87% | — | New |
| 33 | CAT | Caterpillar Inc | $36M | 156.4K | 0.80% | — | New |
| 34 | AA | Alcoa Corp | $36M | 1.1M | 0.79% | 0.0% | Held |
| 35 | ASHR | Dbx Etf Tr | $35M | 915.9K | 0.78% | 0.0% | Held |
| 36 | USFD | Us Foods Hldg Corp | $34M | 890.4K | 0.75% | +466.4% | Added |
| 37 | FHN | First Horizon Corporation | $33M | 2.0M | 0.73% | — | New |
| 38 | NUANEUR | Nuance Communications Inc | $33M | 747.9K | 0.72% | −74.3% | Trimmed |
| 39 | V | Visa Inc | $30M | 144.0K | 0.67% | — | New |
| 40 | FIS | Fidelity Natl Information Sv | $29M | 204.7K | 0.64% | — | New |
| 41 | MA | Mastercard Incorporated | $28M | 78.9K | 0.62% | — | New |
| 42 | OSCR | Oscar Health Inc | $27M | 994.3K | 0.59% | — | New |
| 43 | ABCL | Abcellera Biologics Inc | $22M | 659.8K | 0.49% | 0.0% | Held |
| 44 | VALE | Vale S A | $22M | 1.3M | 0.49% | +86.2% | Added |
| 45 | SYF | Synchrony Financial | $22M | 547.1K | 0.49% | — | New |
| 46 | FWONK | Liberty Media Corp Del | $21M | 485.8K | 0.46% | 0.0% | Held |
| 47 | FSLR | First Solar Inc | $21M | 239.5K | 0.46% | +3.7% | Added |
| 48 | NKTR | Nektar Therapeutics | $20M | 1.0M | 0.44% | — | New |
| 49 | KBR | Kbr Inc | $20M | 516.1K | 0.44% | — | New |
| 50 | SNOW | Snowflake Inc | $19M | 84.7K | 0.43% | — | New |
| 51 | JD | Jd.Com Inc | $17M | 205.3K | 0.38% | 0.0% | Held |
| 52 | PYPL | Paypal Hldgs Inc | $16M | 67.2K | 0.36% | 0.0% | Held |
| 53 | MU | Micron Technology Inc | $16M | 183.7K | 0.36% | — | New |
| 54 | ARRY | Array Technologies Inc | $15M | 518.3K | 0.34% | 0.0% | Held |
| 55 | SPAQUSD | Fisker Inc | $12M | 710.9K | 0.27% | — | New |
| 56 | OPCH | Option Care Health Inc | $12M | 656.6K | 0.26% | +68.8% | Added |
| 57 | NET | Cloudflare Inc | $7M | 96.7K | 0.15% | −87.8% | Trimmed |
| 58 | — | Canadian Pac Ry Ltd | $5M | 13.9K | 0.12% | — | New |
| 59 | STLD | Steel Dynamics Inc | $5M | 97.7K | 0.11% | — | New |
| 60 | TIGR | Up Fintech Hldg Ltd | $5M | 274.6K | 0.11% | — | New |
| 61 | DISH | Dish Network Corporationcall option | $4M | 112.4K | 0.09% | −70.1% | Trimmed |
| 62 | — | Dragoneer Growth Opportun Co | $3M | 281.9K | 0.06% | — | New |
| 63 | SNSE | Sensei Biotherapeutics Inc | $1M | 100.0K | 0.03% | — | New |
21 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 |
|---|---|---|---|
| DIS | Disney Walt Co | $124M | 684.3K |
| NEE | Nextera Energy Inc | $60M | 779.8K |
| CCL1EUR | Carnival Corp | $57M | 2.6M |
| IQV | Iqvia Hldgs Inc | $36M | 202.0K |
| ADI | Analog Devices Inc | $32M | 213.3K |
| WDAY | Workday Inc | $29M | 119.1K |
| SMARGBP | Smartsheet Inc | $28M | 402.4K |
| SMH | Vaneck Vectors Etf Tr | $27M | 123.9K |
| NYT | New York Times Co | $27M | 513.1K |
| ELAN | Elanco Animal Health Inc | $19M | 624.0K |
| BMRN | Biomarin Pharmaceutical Inc | $17M | 192.7K |
| CRWD | Crowdstrike Hldgs Inc | $17M | 78.3K |
| LYV | Live Nation Entertainment In | $16M | 214.3K |
| FSLY | Fastly Inc | $14M | 157.1K |
| — | Cyberark Software Ltd | $14M | 84.0K |
| CRC | Canadian Nat Res Ltd | $10M | 411.5K |
| HES | Hess Corp | $9M | 166.8K |
| — | Arco Platform Ltd Com | $8M | 236.5K |
| SAIL | Sailpoint Technologies Hldgs | $5M | 88.0K |
| — | General Electric Cocall option | $5M | 420.7K |
| — | Vapotherm Inc | $2M | 77.7K |
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.