Duquesne Family Office LLC
Duquesne Family Office LLC, managed by Stanley Druckenmiller, reported 86 positions worth $4.35B in its 2026 Q2 13F filing: 44 new and 23 closed.
Estimated return
Since 2025 Q2 the disclosed positions returned an estimated +82.9% against +34.4% for the S&P 500. Price-only return of the fund's top 100 US longs at each quarter start, vs the S&P 500 over the same windows. Not the fund's actual return (no trades, fees, shorts, derivatives, cash).
| Quarter | Fund | S&P 500 |
|---|---|---|
| 2025 Q2 | +20.9% | +11.4% |
| 2025 Q3 | +10.0% | +7.6% |
| 2025 Q4 | +14.3% | +3.1% |
| 2026 Q1 | -3.7% | -5.8% |
| 2026 Q2 | +25.0% | +15.5% |
Top holdings, 2026 Q2
| Ticker | Company | Value | Portfolio % | Change |
|---|---|---|---|---|
| NTRA | Natera Inc | $864.92M | 19.90% | +4% |
| TSM | Taiwan Semiconductor Manufac | $281.61M | 6.50% | +19.1% |
| STM | Stmicroelectronics N V | $232.38M | 5.30% | +18.8% |
| INSM | Insmed Inc | $151.90M | 3.50% | +23.4% |
| YPF | Ypf Sociedad Anonima | $142.73M | 3.30% | -3% |
| AMZN | Amazon Com Inc | $129.09M | 3.00% | +1082.5% |
| TBBB | Bbb Foods Inc | $120.92M | 2.80% | -6.7% |
| GOOGL | Alphabet Inc | $120.18M | 2.80% | NEW |
| EWZ | Ishares Inc | $118.55M | 2.70% | NO CHANGE |
| STX | Seagate Technology Hldngs Pl | $117.73M | 2.70% | +140.6% |
| FOXA | Fox Corp | $114.99M | 2.60% | NEW |
| UAL | United Airls Hldgs Inc | $108.08M | 2.50% | +202.8% |
| SE | Sea Ltd | $105.40M | 2.40% | NO CHANGE |
| CDW | Cdw Corp | $104.63M | 2.40% | NEW |
| NAMS | Newamsterdam Pharma Company | $104.05M | 2.40% | NO CHANGE |
| SNDK | Sandisk Corp | $79.35M | 1.80% | -8.5% |
| RVMD | Revolution Medicines Inc | $74.83M | 1.70% | +26.5% |
| BTDR | Bitdeer Technologies Group | $64.67M | 1.50% | NEW |
| CRH | Crh Plc | $59.23M | 1.40% | +46.6% |
| DAL | Delta Air Lines Inc | $56.48M | 1.30% | NEW |
| FLR | Fluor Corp | $51.46M | 1.20% | NEW |
| DHI | D R Horton Inc | $48.70M | 1.10% | NEW |
| CPNG | Coupang Inc | $46.33M | 1.10% | NO CHANGE |
| AMD | Advanced Micro Devices Inc | $42.35M | 0.97% | NEW |
| PANW | Palo Alto Networks Inc | $39.78M | 0.91% | NEW |
| CLF | Cleveland-Cliffs Inc New | $39.59M | 0.91% | +82.2% |
| HUT | Hut 8 Corp | $36.27M | 0.83% | NEW |
| CAI | Caris Life Sciences Inc | $33.76M | 0.78% | NO CHANGE |
| ARGT | Global X Fds | $30.02M | 0.69% | -15.1% |
| FOX | Fox Corp | $29.63M | 0.68% | NEW |
| WWD | Woodward Inc | $28.59M | 0.66% | -68.2% |
| NUVB | Nuvation Bio Inc | $25.79M | 0.59% | NO CHANGE |
| PTGX | Protagonist Therapeutics Inc | $25.61M | 0.59% | +30.8% |
| ROKU | Roku Inc | $25.43M | 0.58% | -75.5% |
| CVCO | Cavco Inds Inc Del | $24.27M | 0.56% | NEW |
| ADMA | Adma Biologics Inc | $23.30M | 0.54% | +80.1% |
| PURR | Hyperliquid Strategies Inc | $23.15M | 0.53% | NEW |
| RMBS | Rambus Inc Del | $22.96M | 0.53% | NEW |
| RYTM | Rhythm Pharmaceuticals Inc | $22.61M | 0.52% | NEW |
| SKY | Champion Homes Inc | $22.42M | 0.51% | NEW |
| DAKT | Daktronics Inc | $21.97M | 0.50% | +99.6% |
| PCT | Purecycle Technologies Inc | $21.75M | 0.50% | +178.4% |
| SCCO | Southern Copper Corp | $21.44M | 0.49% | +1% |
| LIN | Linde Plc | $21.38M | 0.49% | NO CHANGE |
| ENTG | Entegris Inc | $21.28M | 0.49% | NEW |
| TEVA | Teva Pharmaceutical Inds Ltd | $21.18M | 0.49% | -73.7% |
| U | Unity Software Inc | $21.11M | 0.48% | NO CHANGE |
| AEVA | Aeva Technologies Inc | $20.68M | 0.48% | NEW |
| RIOT | Riot Platforms Inc | $20.67M | 0.47% | NEW |
| Q | Qnity Electronics Inc | $20.52M | 0.47% | NO CHANGE |
All funds · Hedge Fund Tracker
Source: SEC EDGAR 13F filings, reported as of quarter end and filed up to 45 days later. Not investment advice.