Stanley Druckenmiller

Duquesne Family Office·macro·Concentrated / high-conviction

Closed

~30% (career) since 1981

Portfolio value

$5.2B

Positions

Top 5 concentration

37%

New buys this quarter

Quarterly activity

What Stanley Druckenmiller bought and sold each quarter.

Jun 2026vs Mar 2026

Bought (25)

$CDWNew buy2.7%$GOOGLNew buy2.3%$FOXANew buy2.2%$BTDRNew buy1.2%$DALNew buy1.1%$TSLAcallNew buy1%$FLRNew buy1%$DHINew buy0.9%$AMDNew buy0.8%$PANWNew buy0.8%$HUTNew buy0.7%$FOXNew buy0.6%$METAcallNew buy0.5%$CVCONew buy0.5%$RMBSNew buy0.4%$LRCXNew buy0.4%$SKYNew buy0.4%$ENTGNew buy0.4%$EQIXNew buy0.4%$PURRNew buy0.4%$RYTMNew buy0.4%$RIOTNew buy0.4%$AEVANew buy0.4%$TXGNew buy0.3%$LLYNew buy0.3%

Sold (25)

$NETSold out$TWLOSold out$INTCSold out$MUSold out$HUMSold out$ALMSold out$CLSSold out$FIGRSold out$JBLSold out$LSCCSold out$WLKSold out$BESold out$AVGOSold out$COHRSold out$GSGUnitSold out$LITESold out$LYBSold out$OPCHSold out$QSRSold out$STUBSold out$MELISold out$SATSSold out$TWSTSold out$AATrimmed-87.6%$ROKUTrimmed-75.5%

Mar 2026vs Dec 2025

Bought (25)

$AVGONew buy1.8%$ARGTETFNew buy1.1%$CAINew buy1%$RVMDNew buy0.9%$TWLONew buy0.7%$HUMNew buy0.7%$SNDKNew buy0.7%$STXNew buy0.6%$LINNew buy0.6%$JBLNew buy0.6%$GSGUnitNew buy0.6%$NUVBNew buy0.6%$INTCNew buy0.5%$ARMADRNew buy0.5%$BLTEADRNew buy0.5%$XENENew buy0.4%$OLMANew buy0.4%$QNew buy0.4%$NETNew buy0.3%$CLSNew buy0.3%$COHRNew buy0.3%$JBSNew buy0.3%$LYBNew buy0.3%$VISTADRNew buy0.3%$TWSTNew buy0.3%

Sold (25)

$AEVASold out$DOCUSold out$RHSold out$PMSold out$ONSold out$CDTXSold out$EEMETFSold out$CMGSold out$COGTSold out$NPSold out$ENTGSold out$GOOGLSold out$GSSold out$DASHSold out$FLUTSold out$AALSold out$ZSold out$PGNYSold out$XLFSold out$WOLFSold out$AGXSold out$DALSold out$MELITrimmed-94.1%$BETrimmed-81.6%$AMZNcallTrimmed-70.7%

Dec 2025vs Sep 2025

Bought (25)

$XLFNew buy6.7%$EWZcallNew buy5.5%$RSPNew buy5%$ENTGNew buy1.6%$AANew buy1.6%$LSCCNew buy1.5%$BENew buy1.4%$DALNew buy1%$UALNew buy0.9%$ONNew buy0.6%$GSNew buy0.5%$STMNew buy0.4%$RHNew buy0.4%$SCCONew buy0.4%$ZNew buy0.3%$PMNew buy0.2%$CDTXNew buy0.2%$DASHNew buy0.2%$AALNew buy0.2%$PGNYNew buy0.2%$AGXNew buy0.2%$ALMNew buy0.1%$ADMANew buy0.1%$WVENew buy0.1%$WOLFNew buy0.1%

Sold (25)

$DHISold out$METASold out$DKSSold out$GPCSold out$FWONKSold out$POSTSold out$TXRHSold out$VRNAADRSold out$ARMADRSold out$BACSold out$COFSold out$CHYMSold out$EQTSold out$ARGTETFSold out$MDBSold out$NUSold out$PCGSold out$SNDKSold out$STXSold out$SEISold out$KBEETFSold out$SYFSold out$TWLOSold out$VSTSold out$ELVNSold out

Sep 2025vs Jun 2025

Bought (25)

$EEMETFNew buy2.5%$AMZNNew buy2.4%$FIGRNew buy1.9%$STUBNew buy1.8%$METANew buy1.4%$CRHNew buy1.2%$GEVNew buy1.2%$VSTNew buy1.1%$CLFNew buy0.8%$DKSNew buy0.7%$FWONKNew buy0.7%$AEVANew buy0.7%$KBEETFNew buy0.7%$GOOGLNew buy0.6%$ARMADRNew buy0.6%$PCGNew buy0.6%$GPCNew buy0.5%$POSTNew buy0.5%$SNDKNew buy0.5%$SYFNew buy0.5%$SMTCNew buy0.5%$COGTNew buy0.4%$PTGXNew buy0.3%$CMGNew buy0.2%$COFNew buy0.2%

Sold (25)

$BMAADRSold out$EWZETFSold out$UALSold out$BCSADRSold out$WBDSold out$GSSold out$ILMNSold out$CCSold out$XPOSold out$DHRSold out$JOBYSold out$LLYSold out$PMSold out$TMOSold out$BWXTSold out$GLWSold out$HASSold out$COHRSold out$GGALADRSold out$BLDRSold out$FCXSold out$XLFSold out$KMISold out$ENTGSold out$ESLTSold out

Jun 2025vs Mar 2025

Bought (25)

$ENTGNew buy3.3%$MSFTNew buy2.5%$WBDNew buy1.8%$IWMcallNew buy1.8%$SPYcallNew buy1.4%$CNew buy1.4%$XLFNew buy1.3%$NUNew buy1.2%$SEADRNew buy1.2%$QSRNew buy1.2%$UNew buy1.1%$CRSNew buy0.9%$GLWNew buy0.8%$GSNew buy0.7%$ILMNNew buy0.7%$AVGONew buy0.6%$EWZETFNew buy0.5%$XPONew buy0.5%$OPCHNew buy0.5%$HASNew buy0.5%$CHYMNew buy0.4%$BACNew buy0.4%$VKTXNew buy0.4%$BWXTNew buy0.3%$LENNew buy0.2%

Sold (25)

$ASNDADRSold out$BNSold out$BBIOSold out$RARESold out$COFSold out$ARSold out$AMZNSold out$EXESold out$PISold out$TECKSold out$TSLASold out$SWTXSold out$FLEXSold out$IVVDSold out$AALSold out$CCCSTrimmed-82%$FCXTrimmed-77.9%$YPFADRTrimmed-66.1%$BCSADRTrimmed-59.4%$STXTrimmed-57.6%$CPNGTrimmed-55.9%$BMAADRTrimmed-48.8%$COHRTrimmed-47.9%$TWLOTrimmed-44.6%$WABTrimmed-43.4%

Mar 2025vs Dec 2024

Bought (25)

$DOCUNew buy2.9%$CCCSNew buy1.7%$EQTNew buy1.5%$CZRNew buy1.3%$COFNew buy1.2%$TWLONew buy1.2%$ROKUNew buy1.1%$BBIONew buy0.5%$EXENew buy0.4%$APPNew buy0.3%$ARNew buy0.3%$PINew buy0.3%$TEVAADRAdded+65.4%$INSMAdded+130.7%$TSMADRAdded+456.9%$FLUTAdded+1985.5%$LLYAdded+52.5%$YPFADRAdded+23%$VRNAADRAdded+12.9%$BCSADRAdded+19.8%$WABAdded+7.5%$FCXAdded+34.2%$DAKTAdded+16.9%$PCTAdded+111.3%$NAMSAdded+178.4%

Sold (25)

$GEVSold out$WFCSold out$TLSISold out$ZISold out$XSold out$GOOGLSold out$VSTSold out$ARMADRSold out$PLTRSold out$FCNCASold out$ELFSold out$WULFSold out$DFSSold out$FHNSold out$HBANSold out$KEYSold out$LYVSold out$MUSold out$SKXSold out$USBSold out$WDCSold out$SNRESold out$ABCBSold out$ACLXSold out$BWXTSold out

Dec 2024vs Sep 2024

Bought (25)

$UALNew buy3.3%$DALcallNew buy2.9%$SKXNew buy1.9%$AMZNNew buy1.9%$SLMNew buy1.9%$AALcallNew buy1.6%$LLYNew buy1.3%$WBDNew buy1.3%$MUNew buy0.9%$BNNew buy0.9%$BWXTNew buy0.9%$GOOGLNew buy0.4%$PCTNew buy0.4%$TSLANew buy0.4%$WFCNew buy0.3%$LYVNew buy0.3%$SNRENew buy0.2%$MIRNew buy0.2%$ELFNew buy0.1%$IQVNew buy0.1%$NUNew buy0.1%$WWDAdded+15.9%$TEVAADRAdded+530.1%$STXAdded+8.9%$MELIAdded+11.7%

Sold (25)

$MSFTSold out$SLNADRSold out$MTBSold out$CRHSold out$CFGSold out$SBUXSold out$CPTSold out$SPRYSold out$XPOSold out$AVGOSold out$ADBESold out$ADSKSold out$BCYCADRSold out$TRPSold out$MAASold out$TPGputSold out$CNMSold out$NRIXSold out$IHSSold out$CBSold out$FLUTTrimmed-93.1%$CTrimmed-77.8%$KRETrimmed-73%$CRNXTrimmed-60.3%$TECKTrimmed-57.6%

Sep 2024vs Jun 2024

Bought (25)

$KRENew buy3.9%$AVGONew buy1.4%$ASNDADRNew buy1.3%$NVTNew buy1.1%$TEVAADRNew buy0.9%$XNew buy0.8%$VRNAADRNew buy0.7%$CNMNew buy0.7%$CNew buy0.7%$CRHNew buy0.5%$TPGputNew buy0.4%$USBNew buy0.3%$TFCNew buy0.3%$FHNNew buy0.3%$ABCBNew buy0.3%$KEYNew buy0.3%$MTBNew buy0.3%$CFGNew buy0.3%$HBANNew buy0.3%$SPRYNew buy0.3%$FCNCANew buy0.3%$ADSKNew buy0.3%$TSMADRNew buy0.3%$CBNew buy0.3%$WDCNew buy0.2%

Sold (25)

$TPXSold out$VCYTSold out$ANETSold out$LYVSold out$TEOADRSold out$AESSold out$AAPLSold out$MSGESold out$CNKSold out$IQVSold out$NWSASold out$NWSSold out$NVDASold out$SEADRSold out$SPHRSold out$EQTSold out$BLDRSold out$OPCHSold out$GPCRADRSold out$BAHSold out$LBTYASold out$LBTYKSold out$PLTRTrimmed-94.6%$GEVTrimmed-90.2%$MSFTTrimmed-89.2%

Quarter-over-quarter change in disclosed positions.

Holdings

Stock	Move	% of portfolio	Quarter-end px	Now	Since quarter-end
$NTRA Natera Inc	Held	16.6%	$271.45	$328.18	+20.9%
$INSM Insmed Inc	Added	5.7%	$106.62	$126.29	+18.4%
$TSMADR Taiwan Semiconductor Manufac	Added	5.4%	$477.57	$428.91	-10.2%
$EWZCall option Ishares Inc	Held	5.1%	$34.50	$37.86	+9.7%
$AMZN Amazon Com Inc	Added	4.6%	$238.34	$258.51	+8.5%
$STM Stmicroelectronics N V	Added	4.5%	$74.89	$52.24	-30.2%
$RSPCall option Invesco Exchange Traded Fd T	Added	3.7%	$212.77	$219.00	+2.9%
$YPFADR Ypf Sociedad Anonima	Held	2.7%	$45.47	$52.62	+15.7%
$CDW Cdw Corp	New buy	2.7%	$140.64	$152.38	+8.3%
$TBBB Bbb Foods Inc	Trimmed	2.3%	$41.67	$49.77	+19.4%
$GOOGL Alphabet Inc	New buy	2.3%	$357.37	$338.46	-5.3%
$STX Seagate Technology Hldngs Pl	Added	2.3%	$965.00	$849.28	-12%
$FOXA Fox Corp	New buy	2.2%	$52.16	$65.42	+25.4%
$UAL United Airls Hldgs Inc	Added	2.1%	$135.99	$111.38	-18.1%
$SEADR Sea Ltd	Held	2%	$95.83	$112.09	+17%
$NAMS Newamsterdam Pharma Company	Held	2%	$33.89	$25.40	-25.1%
$IWMCall option Ishares Tr	Added	1.9%	$300.45	$296.01	-1.5%
$SNDK Sandisk Corp	Trimmed	1.5%	$2273.72	$1740.00	-23.5%
$RVMD Revolution Medicines Inc	Added	1.4%	$187.28	$210.02	+12.1%
$SPYCall option State Str Spdr S&P 500 Etf T	Held	1.3%	$746.77	$770.19	+3.1%
$BTDR Bitdeer Technologies Group	New buy	1.2%	$15.87	$12.38	-22%
$CRH Crh Plc	Added	1.1%	$107.00	$94.26	-11.9%
$DAL Delta Air Lines Inc	New buy	1.1%	$93.66	$80.17	-14.4%
$TSLACall option Tesla Inc	New buy	1%	$420.60	$354.08	-15.8%
$FLR Fluor Corp	New buy	1%	$52.39	$56.16	+7.2%
$DHI D R Horton Inc	New buy	0.9%	$162.88	$142.75	-12.4%
$CPNG Coupang Inc	Held	0.9%	$17.37	$15.29	-12%
$AMD Advanced Micro Devices Inc	New buy	0.8%	$580.91	$477.57	-17.8%
$PANW Palo Alto Networks Inc	New buy	0.8%	$341.02	$333.26	-2.3%
$CLF Cleveland-Cliffs Inc New	Added	0.8%	$9.39	$12.50	+33.1%
$HUT Hut 8 Corp	New buy	0.7%	$115.44	$93.55	-19%
$CAI Caris Life Sciences Inc	Held	0.6%	$17.82	$25.07	+40.7%
$ARGTETF Global X Fds	Trimmed	0.6%	$91.30	$96.41	+5.6%
$FOX Fox Corp	New buy	0.6%	$46.84	$58.42	+24.7%
$WWD Woodward Inc	Trimmed	0.5%	$425.44	$346.22	-18.6%
$METACall option Meta Platforms Inc	New buy	0.5%	$563.30	$616.77	+9.5%
$NUVB Nuvation Bio Inc	Held	0.5%	$5.68	$6.81	+19.9%
$PTGX Protagonist Therapeutics Inc	Added	0.5%	$122.58	$145.72	+18.9%
$ROKU Roku Inc	Trimmed	0.5%	$138.14	$155.59	+12.6%
$CVCO Cavco Inds Inc Del	New buy	0.5%	$614.38	$566.19	-7.8%
$ADMA Adma Biologics Inc	Added	0.4%	$8.37	$9.62	+14.9%
$PURR Hyperliquid Strategies Inc	New buy	0.4%	$7.87	$12.18	+54.8%
$RMBS Rambus Inc Del	New buy	0.4%	$132.74	$85.46	-35.6%
$RYTM Rhythm Pharmaceuticals Inc	New buy	0.4%	$111.03	$102.74	-7.5%
$SKY Champion Homes Inc	New buy	0.4%	$88.12	$87.76	-0.4%
$DAKT Daktronics Inc	Added	0.4%	$19.56	$19.35	-1.1%
$PCT Purecycle Technologies Inc	Added	0.4%	$8.11	$6.39	-21.2%
$SCCO Southern Copper Corp	Held	0.4%	$174.26	$198.76	+14.1%
$LIN Linde Plc	Held	0.4%	$518.93	$477.57	-8%
$ENTG Entegris Inc	New buy	0.4%	$179.86	$138.74	-22.9%
$TEVAADR Teva Pharmaceutical Inds Ltd	Trimmed	0.4%	$33.88	$36.36	+7.3%
$U Unity Software Inc	Held	0.4%	$28.58	$41.66	+45.8%
$AEVA Aeva Technologies Inc	New buy	0.4%	$28.72	$15.69	-45.4%
$RIOT Riot Platforms Inc	New buy	0.4%	$27.38	$21.80	-20.4%
$Q Qnity Electronics Inc	Held	0.4%	$163.31	$120.47	-26.2%
$EQIX Equinix Inc	New buy	0.4%	$1042.38	$1035.98	-0.6%
$LRCX Lam Research Corp	New buy	0.4%	$433.33	$307.65	-29%
$DFTX Definium Therapeutics Inc	New buy	0.3%	$47.04	$38.09	-19%
$BLTEADR Belite Bio Inc Sponsored	Held	0.3%	$153.99	$193.61	+25.7%
$TXG 10X Genomics Inc	New buy	0.3%	$38.34	$62.65	+63.4%
$WAB Wabtec	Trimmed	0.3%	$269.60	$282.86	+4.9%
$LLY Eli Lilly & Co	New buy	0.3%	$1199.43	$1148.20	-4.3%
$XENE Xenon Pharmaceuticals Inc	Held	0.3%	$60.36	$59.75	-1%
$OLMA Olema Pharmaceuticals Inc	Held	0.2%	$12.51	$10.75	-14.1%
$RGEN Repligen Corp	New buy	0.2%	$136.43	$167.60	+22.8%
$RKT Rocket Cos Inc	New buy	0.2%	$15.75	$14.06	-10.7%
$BIDUADR Baidu Inc	New buy	0.2%	$114.29	$99.47	-13%
$ARMADR Arm Holdings Plc	Trimmed	0.2%	$354.57	$252.09	-28.9%
$CVNA Carvana Co	New buy	0.2%	$65.82	$74.59	+13.3%
$RDDT Reddit Inc	New buy	0.2%	$173.58	$154.46	-11%
$AA Alcoa Corp	Trimmed	0.2%	$52.14	$49.97	-4.2%
$TMO Thermo Fisher Scientific Inc	New buy	0.2%	$501.35	$613.78	+22.4%
$DHR Danaher Corp Del	New buy	0.2%	$190.48	$207.66	+9%
$FFIV F5 Inc	New buy	0.2%	$415.95	$390.47	-6.1%
$VISTADR Vista Energy S.A.B. De C.V.	Held	0.2%	$63.80	$73.73	+15.6%
$SKE Skeena Res Ltd New	New buy	0.2%	$26.66	$33.09	+24.1%
$JBS Jbs N.V.	Held	0.1%	$11.85	$13.03	+10%
$GLUE Monte Rosa Therapeutics Inc	New buy	0.1%	$24.20	$13.84	-42.8%
$RLAY Relay Therapeutics Inc	New buy	0.1%	$18.71	$19.04	+1.8%
$DBVTADR Dbv Technologies S A Sponsored	Held	0.1%	$16.40	$13.47	-17.9%
$UWMC Uwm Holdings Corporation	New buy	0.1%	$2.29	$1.47	-35.8%
$NVTS Navitas Semiconductor Corp	New buy	0.1%	$17.92	$11.80	-34.2%
$SOLS Solstice Advanced Matls Inc	Held	0.1%	$88.60	$63.73	-28.1%
$FTAI Ftai Aviation Ltd	New buy	0.1%	$270.54	$196.28	-27.5%
$BEAM Beam Therapeutics Inc	New buy	0.1%	$34.32	$29.66	-13.6%
$AUR Aurora Innovation Inc	New buy	0.1%	$6.82	$6.34	-7%
$IREN Iren Limited	New buy	0.1%	$45.73	$44.68	-2.3%
$GGALADR Grupo Financiero Galicia S.A	New buy	0.1%	$50.03	$44.36	-11.3%
$WVE Wave Life Sciences Ltd	Held	<0.1%	$5.81	$4.86	-16.3%

Notable sell-outs this quarter: $NET, $TWLO, $INTC, $MU, $HUM, $ALM, $CLS, $FIGR, $JBL, $LSCC, $WLK, $BE, $AVGO, $COHR, $GSG, $LITE, $LYB, $OPCH, $QSR, $STUB, $MELI, $SATS, $TWST

Track Stanley Druckenmiller between filings

13Fs land once a quarter. We email you when a tracked manager files a Form 4, a 13D stake or a Form 144 notice of sale — days after it happens, not months.

Source: SEC 13F via FMP · holdings as of Jun 2026 · 45-day filing delay. Long equity positions only. Not financial advice.