Stanley Druckenmiller’s portfolio: Duquesne Family Office 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001536411Latest: Q2 2026
Q4 2024 filing in brief
In its Q4 2024 13F, filed February 14, 2025, Duquesne Family Office reported $3.7B across 78 US positions. The largest: NTRA (15.2%), COHR (7.2%), WWD (5.5%), TEVA (5.3%), CPNG (5.3%). In the quarter it opened 24 positions, sold out of 21, added to 24 and trimmed 15; positions opened and sold out came to 34% 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 Feb 14, 2025
- 24 New
- 24 Added
- 15 Trimmed
- 21 Exited
78 positions at December 31, 2024. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | NTRA | Natera Inc | $565M | 3.6M | 15.17% | 0.0% | Held |
| 2 | COHR | Coherent Corp | $267M | 2.8M | 7.18% | −5.3% | Trimmed |
| 3 | WWD | Woodward Inc | $204M | 1.2M | 5.48% | +15.9% | Added |
| 4 | TEVA | Teva Pharmaceutical Inds Ltd | $198M | 9.0M | 5.33% | +530.1% | Added |
| 5 | CPNG | Coupang Inc | $196M | 8.9M | 5.26% | −23.9% | Trimmed |
| 6 | PM | Philip Morris Intl Inc | $163M | 1.4M | 4.37% | +19.2% | Added |
| 7 | — | Seagate Technology Hldngs Pl | $135M | 1.6M | 3.63% | −4.7% | Trimmed |
| 8 | UAL | United Airls Hldgs Inc | $101M | 1.0M | 2.72% | — | New |
| 9 | MELI | Mercadolibre Inc | $91M | 53.7K | 2.45% | +11.7% | Added |
| 10 | SKAA | Skechers U S A Inc | $72M | 1.1M | 1.94% | — | New |
| 11 | AMZN | Amazon Com Inc | $72M | 328.4K | 1.94% | — | New |
| 12 | YPF | Ypf Sociedad Anonima | $72M | 1.7M | 1.93% | +292.4% | Added |
| 13 | SLM | Slm Corp | $70M | 2.5M | 1.87% | — | New |
| 14 | KMI | Kinder Morgan Inc Del | $61M | 2.2M | 1.64% | −14.8% | Trimmed |
| 15 | DAL | Delta Air Lines Inc Delcall option | $57M | 949.5K | 1.54% | — | New |
| 16 | USX1 | United States Stl Corp | $55M | 1.6M | 1.47% | +142.8% | Added |
| 17 | WAB | Wabtec | $53M | 280.1K | 1.43% | +55.9% | Added |
| 18 | DAL | Delta Air Lines Inc Del | $49M | 817.7K | 1.33% | — | New |
| 19 | WBD | Warner Bros Discovery Inc | $49M | 4.7M | 1.32% | — | New |
| 20 | LLY | Eli Lilly & Co | $48M | 62.2K | 1.29% | — | New |
| 21 | BMA | Banco Macro Sa | $47M | 485.4K | 1.26% | +14.5% | Added |
| 22 | ARGT | Global X Fds | $45M | 548.8K | 1.22% | +94.6% | Added |
| 23 | AAL | American Airlcall option | $45M | 2.6M | 1.20% | — | New |
| 24 | DAKT | Daktronics Inc | $44M | 2.6M | 1.19% | +2.2% | Added |
| 25 | — | Seagate Technology Hldngs Plcall option | $44M | 509.5K | 1.18% | +93.7% | Added |
| 26 | BCS | Barclays Plc | $42M | 3.2M | 1.14% | +58.7% | Added |
| 27 | VRNA | Verona Pharma Plc | $41M | 887.6K | 1.11% | +29.4% | Added |
| 28 | INSM | Insmed Inc | $41M | 593.5K | 1.10% | +2867.3% | Added |
| 29 | VST | Vistra Corp | $39M | 283.4K | 1.05% | −27.6% | Trimmed |
| 30 | ASND | Ascendis Pharma A/S | $36M | 265.0K | 0.98% | 0.0% | Held |
| 31 | BN | Brookfield Corp | $35M | 610.2K | 0.94% | — | New |
| 32 | MU | Micron Technology Inc | $34M | 408.9K | 0.92% | — | New |
| 33 | KRE | Spdr Ser Tr | $33M | 554.1K | 0.90% | −73.0% | Trimmed |
| 34 | BWXT | Bwx Technologies Inc | $33M | 299.2K | 0.90% | — | New |
| 35 | GEV | Ge Vernova Inc | $33M | 99.8K | 0.88% | +241.0% | Added |
| 36 | — | Springworks Therapeutics Inc | $31M | 859.7K | 0.83% | +21.9% | Added |
| 37 | — | Nvent Electric Plc | $31M | 451.1K | 0.83% | 0.0% | Held |
| 38 | FCX | Freeport-Mcmoran Inc | $29M | 758.9K | 0.78% | −44.9% | Trimmed |
| 39 | GGAL | Grupo Financiero Galicia S.A | $28M | 448.7K | 0.75% | +26.3% | Added |
| 40 | DFSEUR | Discover Finl Svcs | $25M | 147.0K | 0.68% | −48.4% | Trimmed |
| 41 | WDC | Western Digital Corp | $25M | 417.2K | 0.67% | +484.2% | Added |
| 42 | USB | Us Bancorp Del | $24M | 503.6K | 0.65% | +131.6% | Added |
| 43 | ARM | Arm Holdings Plc | $22M | 178.4K | 0.59% | +725.5% | Added |
| 44 | UAL | United Airls Hldgs Inccall option | $22M | 226.0K | 0.59% | — | New |
| 45 | TSM | Taiwan Semiconductor Mfg Ltd | $21M | 107.5K | 0.57% | +87.5% | Added |
| 46 | GTM | Zoominfo Technologies Inc | $19M | 1.8M | 0.50% | −17.7% | Trimmed |
| 47 | TECK | Teck Resources Ltd | $17M | 431.5K | 0.47% | −57.6% | Trimmed |
| 48 | PCT | Purecycle Technologies Inc | $16M | 1.6M | 0.44% | — | New |
| 49 | AAL | American Airl | $16M | 919.9K | 0.43% | — | New |
| 50 | PANW | Palo Alto Networks Inc | $16M | 87.4K | 0.43% | +100.0% | Added |
| 51 | TSLA | Tesla Inc | $15M | 37.7K | 0.41% | — | New |
| 52 | GOOGL | Alphabet Inc | $15M | 76.7K | 0.39% | — | New |
| 53 | — | Flex Ltd | $13M | 348.9K | 0.36% | 0.0% | Held |
| 54 | FHN | First Horizon Corporation | $12M | 619.7K | 0.34% | 0.0% | Held |
| 55 | WFC | Wells Fargo Co New | $11M | 157.1K | 0.30% | — | New |
| 56 | FCNCA | First Ctzns Bancshares Inc N | $11M | 5.2K | 0.29% | 0.0% | Held |
| 57 | HBAN | Huntington Bancshares Inc | $11M | 671.2K | 0.29% | 0.0% | Held |
| 58 | LYV | Live Nation Entertainment In | $10M | 79.6K | 0.28% | — | New |
| 59 | TFC | Truist Finl Corp | $10M | 233.5K | 0.27% | 0.0% | Held |
| 60 | ABCB | Ameris Bancorp | $10M | 154.0K | 0.26% | 0.0% | Held |
| 61 | KEY | Keycorp | $9M | 527.0K | 0.24% | −9.7% | Trimmed |
| 62 | WULF | Terawulf Inc | $8M | 1.5M | 0.22% | −50.0% | Trimmed |
| 63 | — | Newamsterdam Pharma Company | $7M | 287.5K | 0.20% | 0.0% | Held |
| 64 | PCVX | Vaxcyte Inc | $7M | 86.3K | 0.19% | +100.8% | Added |
| 65 | CRNX | Crinetics Pharmaceuticals In | $6M | 122.7K | 0.17% | −60.3% | Trimmed |
| 66 | MIR | Mirion Technologies Inc | $6M | 342.7K | 0.16% | — | New |
| 67 | SNREN | Sunrise Communications Ag Ads | $6M | 133.2K | 0.15% | — | New |
| 68 | ACLXGBX | Arcellx Inc | $6M | 74.1K | 0.15% | 0.0% | Held |
| 69 | C | Citigroup Inc | $5M | 72.7K | 0.14% | −77.8% | Trimmed |
| 70 | NU | Nu Hldgs Ltd | $5M | 467.3K | 0.13% | — | New |
| 71 | ELF | E L F Beauty Inc | $5M | 37.3K | 0.13% | — | New |
| 72 | FLUT | Flutter Entmt Plc | $5M | 18.1K | 0.13% | −93.1% | Trimmed |
| 73 | IQV | Iqvia Hldgs Inc | $4M | 21.5K | 0.11% | — | New |
| 74 | RARE | Ultragenyx Pharmaceutical In | $4M | 85.4K | 0.10% | 0.0% | Held |
| 75 | PLTR | Palantir Technologies Inc | $3M | 41.7K | 0.08% | 0.0% | Held |
| 76 | TLSI | Trisalus Life Sciences Inc | $2M | 426.9K | 0.06% | 0.0% | Held |
| 77 | — | Joby Aviation Inc | $256K | 31.5K | 0.01% | +40.0% | Added |
| 78 | IVVD | Invivyd Inc | $253K | 571.4K | 0.01% | 0.0% | Held |
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 |
|---|---|---|---|
| PM | Philip Morris Intl Inccall option | $57M | 472.2K |
| AVGO | Broadcom Inc | $41M | 240.0K |
| MAA | Mid-Amer Apt Cmntys Inc | $38M | 238.7K |
| CPT | Camden Ppty Tr | $36M | 290.9K |
| CNM | Core & Main Inc | $21M | 475.2K |
| MSFT | Microsoft Corp | $19M | 43.1K |
| ADBE | Adobe Inc | $18M | 34.5K |
| — | Crh Plc | $15M | 162.5K |
| TPG | Tpg Incput option | $13M | 217.5K |
| CB | Chubb Limited | $10M | 34.8K |
| ADSK | Autodesk Inc | $10M | 36.4K |
| MTB | M & T Bk Corp | $10M | 56.2K |
| CFG | Citizens Finl Group Inc | $10M | 238.6K |
| SPRY | Ars Pharmaceuticals Inc | $8M | 536.9K |
| SLN | Silence Therapeutics Plc | $7M | 387.4K |
| TRP | Tc Energy Corp | $5M | 115.4K |
| SBUX | Starbucks Corp | $5M | 52.3K |
| XPO | Xpo Inc | $5M | 46.5K |
| BCYC | Bicycle Therapeutics Plc | $4M | 190.2K |
| — | Ihs Holding Limited | $2M | 770.3K |
| NRIX | Nurix Therapeutics Inc | $993K | 44.2K |
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.