Stanley Druckenmiller's portfolio
Macro-driven equity investor; large concentrated bets on secular trends.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- CDWCDW$140M
- Alphabet Inc Class AGOOGL$120M
- Fox Corp Class AFOXA$115M
- Bitdeer Technologies Group Class A Ordinary SharesBTDR$65M
- Delta Air LinesDAL$56M
- TeslaTSLA$53M
- FluorFLR$51M
- DR HortonDHI$49M
- Advanced Micro DevicesAMD$42M
- Palo Alto NetworksPANW$40M
Added to
- NateraNTRA$865M
- InsmedINSM$296M
- Taiwan Semiconductor ManufacturingTSM$282M
- Amazon.comAMZN$239M
- STMicroelectronics NV ADRSTM$232M
- Invesco S&P 500® Equal Weight ETFRSP$191M
- Revolution MedicinesRVMD$75M
- Cleveland-CliffsCLF$40M
- Protagonist TherapeuticsPTGX$26M
- ADMA BiologicsADMA$23M
Trimmed
- YPF Sociedad AnonimaYPF$143M
- BBB FoodsTBBB$121M
- SandiskSNDK$79M
- Global X MSCI Argentina ETFARGT$30M
- WoodwardWWD$29M
- RokuROKU$25M
- Teva Pharma Industries Ltd ADRTEVA$21M
- Westinghouse Air Brake TechnologiesWAB$15M
- Arm Holdings plc American Depositary SharesARM$10M
- AlcoaAA$10M
Sold out
None this quarter.
Holdings
90 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| NateraNTRA | 16.60% | $865M | 3,186,306 | Added |
| InsmedINSM | 5.68% | $296M | 2,774,690 | Added |
| Taiwan Semiconductor ManufacturingTSM | 5.40% | $282M | 589,680 | Added |
| iShares MSCI Brazil ETFEWZ | 5.07% | $264M | 7,664,170 | Held |
| Amazon.comAMZN | 4.58% | $239M | 1,000,900 | Added |
| STMicroelectronics NV ADRSTM | 4.46% | $232M | 3,102,880 | Added |
| Invesco S&P 500® Equal Weight ETFRSP | 3.66% | $191M | 895,400 | Added |
| YPF Sociedad AnonimaYPF | 2.74% | $143M | 3,138,897 | Trimmed |
| CDWCDW | 2.68% | $140M | 993,950 | New |
| BBB FoodsTBBB | 2.32% | $121M | 2,901,733 | Trimmed |
| Alphabet Inc Class AGOOGL | 2.31% | $120M | 336,300 | New |
| Seagate Technology Hldngs Pl | 2.26% | $118M | 122,000 | Held |
| Fox Corp Class AFOXA | 2.21% | $115M | 2,204,600 | New |
| United Airls Hldgs | 2.07% | $108M | 794,795 | Held |
| Sea | 2.02% | $105M | 1,099,905 | Held |
| Newamsterdam Pharma | 2.00% | $104M | 3,070,146 | Held |
| Ishares Tr | 1.90% | $99M | 330,000 | Held |
| SandiskSNDK | 1.52% | $79M | 34,900 | Trimmed |
| Revolution MedicinesRVMD | 1.44% | $75M | 399,587 | Added |
| SPYSPY | 1.29% | $67M | 90,000 | Held |
| Bitdeer Technologies Group Class A Ordinary SharesBTDR | 1.24% | $65M | 4,074,993 | New |
| Crh Plc | 1.14% | $59M | 553,555 | Held |
| Delta Air LinesDAL | 1.08% | $56M | 603,000 | New |
| TeslaTSLA | 1.02% | $53M | 126,000 | New |
| FluorFLR | 0.99% | $51M | 982,200 | New |
| DR HortonDHI | 0.94% | $49M | 299,000 | New |
| Coupang LLCCPNG | 0.89% | $46M | 2,667,485 | Held |
| Advanced Micro DevicesAMD | 0.81% | $42M | 72,900 | New |
| Palo Alto NetworksPANW | 0.76% | $40M | 116,650 | New |
| Cleveland-CliffsCLF | 0.76% | $40M | 4,216,184 | Added |
| Hut 8 Corp. Common StockHUT | 0.70% | $36M | 314,150 | New |
| Caris Life Sciences, Inc. Common StockCAI | 0.65% | $34M | 1,894,450 | Held |
| Global X MSCI Argentina ETFARGT | 0.58% | $30M | 328,800 | Trimmed |
| Fox Corp Class BFOX | 0.57% | $30M | 632,600 | New |
| WoodwardWWD | 0.55% | $29M | 67,194 | Trimmed |
| Meta PlatformsMETA | 0.54% | $28M | 50,000 | New |
| Nuvation BioNUVB | 0.49% | $26M | 4,539,800 | Held |
| Protagonist TherapeuticsPTGX | 0.49% | $26M | 208,900 | Added |
| RokuROKU | 0.49% | $25M | 184,055 | Trimmed |
| Cavco IndustriesCVCO | 0.47% | $24M | 39,500 | New |
| ADMA BiologicsADMA | 0.45% | $23M | 2,784,110 | Added |
| PURRPURR | 0.44% | $23M | 2,941,500 | New |
| Rambus Inc Del | 0.44% | $23M | 173,000 | Held |
| Rhythm PharmaceuticalsRYTM | 0.43% | $23M | 203,618 | New |
| SkylineSKY | 0.43% | $22M | 254,400 | New |
| DaktronicsDAKT | 0.42% | $22M | 1,123,109 | Added |
| Purecycle Technologies HoldingsPCT | 0.42% | $22M | 2,681,415 | Added |
| Southern CopperSCCO | 0.41% | $21M | 123,060 | Added |
| Linde plc Ordinary SharesLIN | 0.41% | $21M | 41,200 | Held |
| EntegrisENTG | 0.41% | $21M | 118,300 | New |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Stanley Druckenmiller own?
In the Q2 2026 13F, Duquesne Family Office reported 90 US stock positions worth $5.2B. The largest: Natera (NTRA) 16.6%, Insmed (INSM) 5.7%, Taiwan Semiconductor Manufacturing (TSM) 5.4%, iShares MSCI Brazil ETF (EWZ) 5.1%, Amazon.com (AMZN) 4.6%.
What did Stanley Druckenmiller buy last quarter?
In Q2 2026: new position in CDW (CDW); new position in Alphabet Inc Class A (GOOGL); new position in Fox Corp Class A (FOXA); added to Natera (NTRA); added to Insmed (INSM); added to Taiwan Semiconductor Manufacturing (TSM).
When is Stanley Druckenmiller's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.