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13F holdings

Duquesne Family Office portfolio

Managed by Stanley Druckenmiller. 65 reported positions worth $2.9B as of 2026-03-31, filed with the SEC on 2026-05-15. Parsed from the filing itself, not a reseller.

$2.9B
Book value
65
Positions
59%
Top 10 weight
+30
New this quarter
-23
Exited
134 days
Age today
How old this actually is

Every position on this page is a snapshot of 2026-03-31. It was already 45 days old on 2026-05-15, the day it first became public. Today it is 134 days old.

That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.

What changed

Positions opened and closed

Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.

New positions (30)
TickerIssuerValueShares% of book
AVGOBroadcom Inc$60.6M195,9552.06%
ARGTGlobal X Fds$36.2M387,4001.23%
CAICaris Life Sciences Inc$33.9M1,894,4501.15%
RVMDRevolution Medicines Inc$30.7M315,8601.05%
SNDKSandisk Corp$24.2M38,1550.83%
HUMHumana Inc$23.8M137,5050.81%
TWLOTwilio Inc$22.9M181,7600.78%
JBLJabil Inc$21.8M82,2000.74%
GSGIshares S&P Gsci Commodity-$20.7M643,0000.71%
LINLinde Plc$20.4M41,2000.70%
STXSeagate Technology Hldngs Pl$19.9M50,7000.68%
NUVBNuvation Bio Inc$19.5M4,539,8000.66%
INTCIntel Corp$18.2M411,4000.62%
BLTEBelite Bio Inc Sponsored$16.9M106,1000.58%
ARMArm Holdings Plc$16.1M106,7000.55%
OLMAOlema Pharmaceuticals Inc$14.7M986,8270.50%
QQnity Electronics Inc$14.5M125,6550.49%
XENEXenon Pharmaceuticals Inc$13.9M238,6000.47%
JBSJbs N.V.$11.8M655,9000.40%
NETCloudflare Inc$10.8M52,5350.37%
LYBLyondellbasell Industries Nv$10.6M131,4350.36%
VISTVista Energy S.A.B. De C.V.$10.2M134,7000.35%
TWSTTwist Bioscience Corp$9.8M206,0000.33%
COHRCoherent Corp$9.6M40,4000.33%
CLSCelestica Inc$9.4M33,2750.32%
Closed out (23)
TickerIssuerWas worthShares% of book
XLFSelect Sector Spdr Tr$301.0M5,495,6000.00%
RSPInvesco Exchange Traded Fd T$224.9M1,173,9250.00%
GOOGLAlphabet Inc$120.5M385,0000.00%
COGTCogent Biosciences Inc$78.7M2,214,4700.00%
ENTGEntegris Inc$71.1M844,1600.00%
DOCUDocusign Inc$69.7M1,019,0850.00%
EEMIshares Tr$49.4M902,5000.00%
DALDelta Air Lines Inc Del$45.2M650,9100.00%
ONOn Semiconductor Corp$29.0M536,2600.00%
FLUTFlutter Entmt Plc$24.8M115,2450.00%
AEVAAeva Technologies Inc$24.2M1,824,8620.00%
GSGoldman Sachs Group Inc$24.2M27,5000.00%
RHRh$15.8M88,2000.00%
CMGChipotle Mexican Grill Inc$14.5M391,9300.00%
ZZillow Group Inc$13.1M192,6400.00%
CDTXCidara Therapeutics Inc$10.9M49,4950.00%
PMPhilip Morris Intl Inc$10.8M67,4000.00%
AALAmerican Airls Group Inc$9.8M639,7850.00%
AGXArgan Inc$9.4M30,0000.00%
DASHDoordash Inc$8.1M35,9000.00%
PGNYProgyny Inc$7.6M295,1150.00%
WOLFWolfspeed Inc$3.3M186,9000.00%
NPNeptune Ins Hldgs Inc$583,00020,0000.00%
Added to (11)
TickerIssuerValueShares% of bookShares Δ
NTRANatera Inc$612.7M3,063,60620.86%+22%
YPFYpf Sociedad Anonima$149.6M3,235,9625.09%+433%
TBBBBbb Foods Inc$110.0M3,109,2023.74%+16%
AAAlcoa Corp$99.1M1,493,3903.37%+9%
SESea Ltd$91.1M1,099,9053.10%+17%
STMStmicroelectronics N V$90.3M2,612,8803.07%+238%
ROKURoku Inc$71.0M750,1902.42%+29%
OPCHOption Care Health Inc$50.3M1,868,5501.71%+7%
CLFCleveland-Cliffs Inc New$19.5M2,313,4550.67%+33%
UUnity Software Inc$16.2M738,7850.55%+80%
ADMAAdma Biologics Inc$13.9M1,545,6100.47%+513%
Trimmed (18)
TickerIssuerValueShares% of bookShares Δ
MELIMercadolibre Inc$4.8M2,7660.16%-94%
AMZNAmazon Com Inc$9.5M45,8000.32%-94%
BEBloom Energy Corp$18.5M136,3200.63%-82%
WABWabtec$23.7M94,8950.81%-68%
PCTPurecycle Technologies Inc$5.0M963,1890.17%-67%
LSCCLattice Semiconductor Corp$30.0M323,1351.02%-65%
WWDWoodward Inc$75.6M211,3552.58%-64%
QSRRestaurant Brands Intl Inc$33.6M454,4351.14%-62%
CPNGCoupang Inc$50.4M2,667,4851.71%-61%
TEVATeva Pharmaceutical Inds Ltd$71.6M2,377,2852.44%-60%
STUBStubhub Hldgs Inc$8.5M1,367,1770.29%-41%
DAKTDaktronics Inc$11.0M562,6370.37%-34%
FIGRFigure Technology Solutio$39.1M1,150,4151.33%-25%
UALUnited Airls Hldgs Inc$24.2M262,4950.82%-25%
INSMInsmed Inc$188.7M1,154,0906.43%-22%
The book

All reported holdings

TickerIssuerValueShares% of bookShares Δ
NTRANatera Inc$612.7M3,063,60620.86%
INSMInsmed Inc$188.7M1,154,0906.43%
TSMTaiwan Semiconductor Manufac$167.4M495,2805.70%
YPFYpf Sociedad Anonima$149.6M3,235,9625.09%
EWZIshares Inc$131.9M3,436,1704.49%
TBBBBbb Foods Inc$110.0M3,109,2023.74%
AAAlcoa Corp$99.1M1,493,3903.37%
NAMSNewamsterdam Pharma Company$98.3M3,070,1463.35%
SESea Ltd$91.1M1,099,9053.10%
STMStmicroelectronics N V$90.3M2,612,8803.07%
WWDWoodward Inc$75.6M211,3552.58%
TEVATeva Pharmaceutical Inds Ltd$71.6M2,377,2852.44%
ROKURoku Inc$71.0M750,1902.42%
AVGOBroadcom Inc$60.6M195,9552.06%
CPNGCoupang Inc$50.4M2,667,4851.71%
OPCHOption Care Health Inc$50.3M1,868,5501.71%
CRHCrh Plc$39.7M377,5551.35%
FIGRFigure Technology Solutio$39.1M1,150,4151.33%
ARGTGlobal X Fds$36.2M387,4001.23%
CAICaris Life Sciences Inc$33.9M1,894,4501.15%
QSRRestaurant Brands Intl Inc$33.6M454,4351.14%
RVMDRevolution Medicines Inc$30.7M315,8601.05%
LSCCLattice Semiconductor Corp$30.0M323,1351.02%
SNDKSandisk Corp$24.2M38,1550.83%
UALUnited Airls Hldgs Inc$24.2M262,4950.82%
HUMHumana Inc$23.8M137,5050.81%
WABWabtec$23.7M94,8950.81%
TWLOTwilio Inc$22.9M181,7600.78%
JBLJabil Inc$21.8M82,2000.74%
SCCOSouthern Copper Corp$21.0M121,8430.71%
GSGIshares S&P Gsci Commodity-$20.7M643,0000.71%
LINLinde Plc$20.4M41,2000.70%
STXSeagate Technology Hldngs Pl$19.9M50,7000.68%
CLFCleveland-Cliffs Inc New$19.5M2,313,4550.67%
NUVBNuvation Bio Inc$19.5M4,539,8000.66%
BEBloom Energy Corp$18.5M136,3200.63%
INTCIntel Corp$18.2M411,4000.62%
BLTEBelite Bio Inc Sponsored$16.9M106,1000.58%
PTGXProtagonist Therapeutics Inc$16.8M159,7000.57%
UUnity Software Inc$16.2M738,7850.55%
ARMArm Holdings Plc$16.1M106,7000.55%
OLMAOlema Pharmaceuticals Inc$14.7M986,8270.50%
QQnity Electronics Inc$14.5M125,6550.49%
ADMAAdma Biologics Inc$13.9M1,545,6100.47%
XENEXenon Pharmaceuticals Inc$13.9M238,6000.47%
JBSJbs N.V.$11.8M655,9000.40%
DAKTDaktronics Inc$11.0M562,6370.37%
NETCloudflare Inc$10.8M52,5350.37%
LYBLyondellbasell Industries Nv$10.6M131,4350.36%
VISTVista Energy S.A.B. De C.V.$10.2M134,7000.35%
TWSTTwist Bioscience Corp$9.8M206,0000.33%
COHRCoherent Corp$9.6M40,4000.33%
AMZNAmazon Com Inc$9.5M45,8000.32%
CLSCelestica Inc$9.4M33,2750.32%
STUBStubhub Hldgs Inc$8.5M1,367,1770.29%
DBVTDbv Technologies S A Sponsored$8.0M383,3630.27%
MUMicron Technology Inc$7.9M23,4000.27%
ECHOEchostar Corp$7.1M60,7650.24%
ALMAlmonty Inds Inc$6.8M469,8800.23%
PCTPurecycle Technologies Inc$5.0M963,1890.17%
LITELumentum Hldgs Inc$4.9M6,9630.17%
MELIMercadolibre Inc$4.8M2,7660.16%
SOLSSolstice Advanced Matls Inc$4.8M62,5250.16%
WLKWestlake Corporation$2.5M21,1940.08%
1U5Wave Life Sciences Ltd$1.3M173,0000.04%

This manager also disclosed 5 options positions with a combined notional of $439.7M. Notional is not ownership, so it is excluded from the book value above rather than folded in to make the fund look bigger.

Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.

Read the original

This page was built from one document: the 2026-03-31 Form 13F info table filed by Duquesne Family Office LLC (CIK 1536411, accession 0001536411-26-000004). Every other 13F site is reading the same file.

One quirk worth naming: this manager still reports position values in thousands, although Form 13F has required whole dollars since 2023. We detect that by comparing this filing’s implied price per share against what every other manager holding the same securities reported for them this quarter — and multiply by 1,000. Figures on this page are therefore 1,000x the numbers you will read in the document itself.

If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager

What a 13F cannot show you

A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:

  • No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
  • No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
  • No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
  • Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
  • Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.

Tested and published by IndicatorEdge · backtest grid generated 2026-06-25 · base rates recomputed 2026-07-31 · how we test

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