← All Managers

Stanley Druckenmiller

Duquesne Family Office

Macro investor, Soros protégé

$4.49B

Portfolio Value

62

Holdings

Q4 '25

Period

2026-02-17

Filed

📈

Simulated 13F Return

⚠️ Approximation

Total Return

+28%

Q4 '24Q3 '25

Annualized

+39.14%/yr

S&P: +18.77%/yr

Alpha (vs S&P)

+14.28%

3 quarters tracked

1-Year Return

⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.

📈 Recent Activity

Changes from previous quarter

NTRAREDUCED
12.8% of portfolio
-22% shares+0.1pp
XLFNEW
6.7% of portfolio
New position
INSMREDUCED
5.7% of portfolio
-39% shares-2.9pp
IVZNEW
5.0% of portfolio
New position
TEVAINCREASED
4.1% of portfolio
-65% shares-4.2pp
WWDREDUCED
4.0% of portfolio
-7% shares+0.0pp
AMZNINCREASED
3.8% of portfolio
+69% shares+1.4pp
TSMREDUCED
3.7% of portfolio
-29% shares-1.6pp
CPNGINCREASED
3.6% of portfolio
+46% shares-0.1pp
EWZNEW
3.0% of portfolio
New position
GOOGLINCREASED
2.7% of portfolio
+277% shares+2.1pp
SEINCREASED
2.7% of portfolio
+244% shares+1.5pp
EWZNEW
2.5% of portfolio
New position
NAMSWINCREASED
2.4% of portfolio
+60% shares+1.0pp
MELIREDUCED
2.1% of portfolio
-19% shares-1.2pp
TBBBINCREASED
2.0% of portfolio
+126% shares+1.2pp
QSRINCREASED
1.8% of portfolio
+7% shares+0.0pp
COGTINCREASED
1.8% of portfolio
+109% shares+1.4pp
AANEW
1.6% of portfolio
New position
ENTGNEW
1.6% of portfolio
New position
DOCUREDUCED
1.6% of portfolio
-40% shares-1.4pp
LSCCNEW
1.5% of portfolio
New position
BENEW
1.4% of portfolio
New position
WABREDUCED
1.4% of portfolio
-1% shares-0.1pp
ROKUREDUCED
1.4% of portfolio
-29% shares-0.6pp
FIGRREDUCED
1.4% of portfolio
-27% shares-0.5pp
CRHINCREASED
1.3% of portfolio
+21% shares+0.2pp
OPCHREDUCED
1.2% of portfolio
+79% shares+0.6pp
EEMINCREASED
1.1% of portfolio
-53% shares-1.4pp
DALNEW
1.0% of portfolio
New position
UTHRNEW
0.9% of portfolio
New position
STUBREDUCED
0.7% of portfolio
-46% shares-1.1pp
ONNEW
0.6% of portfolio
New position
PCTBPINCREASED
0.6% of portfolio
+25% shares-0.2pp
AEVAWREDUCED
0.5% of portfolio
-1% shares-0.1pp
GSNEW
0.5% of portfolio
New position
CLFREDUCED
0.5% of portfolio
-36% shares-0.3pp
AMZNNEW
0.5% of portfolio
New position
YPFINCREASED
0.5% of portfolio
+429% shares+0.4pp
0.4% of portfolio
New position
UREDUCED
0.4% of portfolio
-54% shares-0.5pp
SCCONEW
0.4% of portfolio
New position
DAKTINCREASED
0.4% of portfolio
-41% shares-0.4pp
RHNEW
0.4% of portfolio
New position
CMGINCREASED
0.3% of portfolio
+68% shares+0.1pp
ZNEW
0.3% of portfolio
New position
CDTXNEW
0.2% of portfolio
New position
PMNEW
0.2% of portfolio
New position
AALNEW
0.2% of portfolio
New position
AGXNEW
0.2% of portfolio
New position
DASHNEW
0.2% of portfolio
New position
PGNYNEW
0.2% of portfolio
New position
ADMANEW
0.1% of portfolio
New position
ALMNEW
0.1% of portfolio
New position
WOLFNEW
0.1% of portfolio
New position
WVENEW
0.1% of portfolio
New position
NPNEW
<0.1% of portfolio
New position
VRNASOLD
was 2.6%
Sold out position
Filing price: $106.71
METASOLD
was 1.4%
Sold out position
Filing price: $734.38
CRSSOLD
was 1.3%
Sold out position
Filing price: $245.54
CSOLD
was 1.3%
Sold out position
Filing price: $101.50
TWLOSOLD
was 1.3%
Sold out position
Filing price: $100.09
BACSOLD
was 1.3%
Sold out position
Filing price: $51.59
EQTSOLD
was 1.2%
Sold out position
Filing price: $54.43
GEVSOLD
was 1.2%
Sold out position
Filing price: $614.90
VSTSOLD
was 1.1%
Sold out position
Filing price: $195.92
LENSOLD
was 0.9%
Sold out position
Filing price: $126.04
DHISOLD
was 0.9%
Sold out position
Filing price: $169.47
FWONKSOLD
was 0.7%
Sold out position
Filing price: $104.45
DKSSOLD
was 0.7%
Sold out position
Filing price: $222.22
KBESOLD
was 0.7%
Sold out position
Filing price: $59.42
PCGSOLD
was 0.6%
Sold out position
Filing price: $15.08
ARMSOLD
was 0.6%
Sold out position
Filing price: $141.49
NUSOLD
was 0.6%
Sold out position
Filing price: $16.01
SMTCSOLD
was 0.5%
Sold out position
Filing price: $71.45
STXSOLD
was 0.5%
Sold out position
Filing price: $236.07
GPCSOLD
was 0.5%
Sold out position
Filing price: $138.60
ELVNSOLD
was 0.5%
Sold out position
Filing price: $20.47
POSTSOLD
was 0.5%
Sold out position
Filing price: $107.48
SNDKSOLD
was 0.5%
Sold out position
Filing price: $112.20
SYF-PBSOLD
was 0.5%
Sold out position
Filing price: $71.05
ARGTSOLD
was 0.4%
Sold out position
Filing price: $69.76
NTRASOLD
was 0.4%
Sold out position
Filing price: $160.97
COFSOLD
was 0.2%
Sold out position
Filing price: $212.59
SEISOLD
was 0.1%
Sold out position
Filing price: $39.97
MDBSOLD
was 0.1%
Sold out position
Filing price: $310.39
TXRHSOLD
was 0.1%
Sold out position
Filing price: $166.14
CHYMSOLD
was <0.1%
Sold out position
Filing price: $20.17

Sold Out (31)

SOLDDHID R Horton Incwas 0.86%@$169.47
SOLDELVNEnliven Therapeutics Incwas 0.48%@$20.47
SOLDEQTEqt Corpwas 1.20%@$54.43
SOLDGEVGe Vernova Incwas 1.17%@$614.90
SOLDGPCGenuine Parts Cowas 0.49%@$138.60
SOLDLENLennar Corpwas 0.87%@$126.04
SOLDMETAMeta Platforms Incwas 1.38%@$734.38
SOLDMDBMongodb Incwas 0.14%@$310.39
SOLDNTRANatera Incwas 0.40%@$160.97
SOLDNUNu Hldgs Ltdwas 0.57%@$16.01
SOLDPOSTPost Hldgs Incwas 0.47%@$107.48
SOLDSNDKSandisk Corpwas 0.46%@$112.20
SOLDSTXSeagate Technology Hldngs Plwas 0.50%@$236.07
SOLDSMTCSemtech Corpwas 0.53%@$71.45
SOLDSEISolaris Energy Infras Incwas 0.14%@$39.97
SOLDTWLOTwilio Incwas 1.26%@$100.09
SOLDARMArm Holdings Plcwas 0.58%@$141.49
SOLDBACBank America Corpwas 1.26%@$51.59
SOLDCRSCarpenter Technology Corpwas 1.33%@$245.54
SOLDSYF-PBSynchrony Financialwas 0.46%@$71.05
SOLDTXRHTexas Roadhouse Incwas 0.12%@$166.14
SOLDCOFCapital One Financialwas 0.23%@$212.59
SOLDCCitigroup Incwas 1.29%@$101.50
SOLDCHYMChime Finl Incwas 0.02%@$20.17
SOLDFWONKLiberty Media Corp Delwas 0.74%@$104.45
SOLDVSTVistra Corpwas 1.13%@$195.92
SOLDARGTGlobal X Fdswas 0.44%@$69.76
SOLDKBESpdr Series Trustwas 0.71%@$59.42
SOLDPCGPg&E Corpwas 0.61%@$15.08
SOLDDKSDicks Sporting Goods Incwas 0.72%@$222.22
SOLDVRNAVerona Pharma Plcwas 2.63%@$106.71

📊 Sector Breakdown

Portfolio allocation by sector

Unknown 81.5%Technology 15.6%Communication Services 1.4%Consumer Discretionary 0.7%Financials 0.5%+1 more (0.2%)

💼 Holdings

🔍

62 of 62 positions · $4.49B

This quarter: 28 new positions, increased 15, reduced 14, sold 31. Net seller.

NTRAREDUCED
12.8%
12.8% of portfolio (was 12.7%, trimmed)
Filed ~$229
📄
XLFNEW
6.7%
6.7% of portfolio (new position)
Filed ~$55
📄
INSMREDUCED
5.7%
5.7% of portfolio (was 8.6%, trimmed)
Filed ~$174
📄
IVZNEW
5.0%
5.0% of portfolio (new position)
Filed ~$192
📄
TEVAINCREASED
4.1%
4.1% of portfolio (was 8.3%, added)
Filed ~$31
📄
WWDREDUCED
4.0%
4.0% of portfolio (was 3.9%, trimmed)
Filed ~$302
📄
AMZNINCREASED
3.8%
3.8% of portfolio (was 2.4%, added)
Filed ~$231
📄
TSMREDUCED
3.7%
3.7% of portfolio (was 5.3%, trimmed)
Filed ~$304
📄
CPNGINCREASED
3.6%
3.6% of portfolio (was 3.7%, added)
Filed ~$24
📄
EWZCALLNEW
3.0%
3.0% of portfolio (new position)
Filed ~$32
📄
GOOGLINCREASED
2.7%
2.7% of portfolio (was 0.6%, added)
Filed ~$313
📄
SEINCREASED
2.7%
2.7% of portfolio (was 1.2%, added)
Filed ~$128
📄
EWZNEW
2.5%
2.5% of portfolio (new position)
Filed ~$32
📄
NAMSWINCREASED
2.4%
2.4% of portfolio (was 1.3%, added)
Filed ~$35
📄
MELIREDUCED
2.1%
2.1% of portfolio (was 3.4%, trimmed)
Filed ~$2014
📄
TBBBINCREASED
2.0%
2.0% of portfolio (was 0.8%, added)
Filed ~$33
📄
QSRINCREASED
1.8%
1.8% of portfolio (was 1.8%, added)
Filed ~$68
📄
COGTINCREASED
1.8%
1.8% of portfolio (was 0.4%, added)
Filed ~$36
📄
AANEW
1.6%
1.6% of portfolio (new position)
Filed ~$53
📄
ENTGNEW
1.6%
1.6% of portfolio (new position)
Filed ~$84
📄
DOCUREDUCED
1.6%
1.6% of portfolio (was 3.0%, trimmed)
Filed ~$68
📄
LSCCNEW
1.5%
1.5% of portfolio (new position)
Filed ~$74
📄
BENEW
1.4%
1.4% of portfolio (new position)
Filed ~$87
📄
WABREDUCED
1.4%
1.4% of portfolio (was 1.5%, trimmed)
Filed ~$213
📄
ROKUREDUCED
1.4%
1.4% of portfolio (was 2.0%, trimmed)
Filed ~$108
📄
FIGRREDUCED
1.4%
1.4% of portfolio (was 1.9%, trimmed)
Filed ~$41
📄
SPYCALL
1.4%
1.4% of portfolio
Filed ~$682
📄
CRHINCREASED
1.3%
1.3% of portfolio (was 1.2%, added)
Filed ~$125
📄
EEMCALL
1.2%
1.2% of portfolio
Filed ~$246
📄
OPCHREDUCED
1.2%
1.2% of portfolio (was 0.7%, trimmed)
Filed ~$32
📄
EEMINCREASED
1.1%
1.1% of portfolio (was 2.5%, added)
Filed ~$55
📄
DALNEW
1.0%
1.0% of portfolio (new position)
Filed ~$69
📄
UTHRNEW
0.9%
0.9% of portfolio (new position)
Filed ~$112
📄
STUBREDUCED
0.7%
0.7% of portfolio (was 1.8%, trimmed)
Filed ~$14
📄
ONNEW
0.6%
0.6% of portfolio (new position)
Filed ~$54
📄
0.6%
0.6% of portfolio
Filed ~$215
📄
PCTBPINCREASED
0.6%
0.6% of portfolio (was 0.7%, added)
Filed ~$9
📄
AEVAWREDUCED
0.5%
0.5% of portfolio (was 0.7%, trimmed)
Filed ~$13
📄
GSNEW
0.5%
0.5% of portfolio (new position)
Filed ~$879
📄
CLFREDUCED
0.5%
0.5% of portfolio (was 0.8%, trimmed)
Filed ~$13
📄
AMZNCALLNEW
0.5%
0.5% of portfolio (new position)
Filed ~$231
📄
YPFINCREASED
0.5%
0.5% of portfolio (was 0.1%, added)
Filed ~$36
📄
0.4%
0.4% of portfolio (new position)
Filed ~$26
📄
UREDUCED
0.4%
0.4% of portfolio (was 0.9%, trimmed)
Filed ~$44
📄
SCCONEW
0.4%
0.4% of portfolio (new position)
Filed ~$143
📄
DAKTINCREASED
0.4%
0.4% of portfolio (was 0.7%, added)
Filed ~$20
📄
RHNEW
0.4%
0.4% of portfolio (new position)
Filed ~$179
📄
CMGINCREASED
0.3%
0.3% of portfolio (was 0.2%, added)
Filed ~$37
📄
0.3%
0.3% of portfolio
Filed ~$87
📄
ZNEW
0.3%
0.3% of portfolio (new position)
Filed ~$68
📄
CDTXNEW
0.2%
0.2% of portfolio (new position)
Filed ~$221
📄
PMNEW
0.2%
0.2% of portfolio (new position)
Filed ~$160
📄
AALNEW
0.2%
0.2% of portfolio (new position)
Filed ~$15
📄
AGXNEW
0.2%
0.2% of portfolio (new position)
Filed ~$313
📄
DASHNEW
0.2%
0.2% of portfolio (new position)
Filed ~$226
📄
PGNYNEW
0.2%
0.2% of portfolio (new position)
Filed ~$26
📄
0.1%
0.1% of portfolio
Filed ~$109
📄
ADMANEW
0.1%
0.1% of portfolio (new position)
Filed ~$18
📄
ALMNEW
0.1%
0.1% of portfolio (new position)
Filed ~$9
📄
WOLFNEW
0.1%
0.1% of portfolio (new position)
Filed ~$17
📄
WVENEW
0.1%
0.1% of portfolio (new position)
Filed ~$17
📄
NPNEW
<0.1%
<0.1% of portfolio (new position)
Filed ~$29
📄

🚫 Sold Out (31 positions)

SOLDDHID R Horton Incwas 0.86%@$169.47205150 shares · $34.8M
SOLDELVNEnliven Therapeutics Incwas 0.48%@$20.47947405 shares · $19.4M
SOLDEQTEqt Corpwas 1.20%@$54.43894950 shares · $48.7M
SOLDGEVGe Vernova Incwas 1.17%@$614.9077320 shares · $47.5M
SOLDGPCGenuine Parts Cowas 0.49%@$138.60144185 shares · $20.0M
SOLDLENLennar Corpwas 0.87%@$126.04279424 shares · $35.2M
SOLDMETAMeta Platforms Incwas 1.38%@$734.3876100 shares · $55.9M
SOLDMDBMongodb Incwas 0.14%@$310.3917710 shares · $5.5M
SOLDNTRANatera Incwas 0.40%@$160.97100000 shares · $16.1M
SOLDNUNu Hldgs Ltdwas 0.57%@$16.011454180 shares · $23.3M
SOLDPOSTPost Hldgs Incwas 0.47%@$107.48176400 shares · $19.0M
SOLDSNDKSandisk Corpwas 0.46%@$112.20166235 shares · $18.7M
SOLDSTXSeagate Technology Hldngs Plwas 0.50%@$236.0785900 shares · $20.3M
SOLDSMTCSemtech Corpwas 0.53%@$71.45301515 shares · $21.5M
SOLDSEISolaris Energy Infras Incwas 0.14%@$39.97145600 shares · $5.8M
SOLDTWLOTwilio Incwas 1.26%@$100.09512800 shares · $51.3M
SOLDARMArm Holdings Plcwas 0.58%@$141.49167900 shares · $23.8M
SOLDBACBank America Corpwas 1.26%@$51.59989250 shares · $51.0M
SOLDCRSCarpenter Technology Corpwas 1.33%@$245.54220035 shares · $54.0M
SOLDSYF-PBSynchrony Financialwas 0.46%@$71.05261825 shares · $18.6M
SOLDTXRHTexas Roadhouse Incwas 0.12%@$166.1429800 shares · $5.0M
SOLDCOFCapital One Financialwas 0.23%@$212.5943920 shares · $9.3M
SOLDCCitigroup Incwas 1.29%@$101.50514850 shares · $52.3M
SOLDCHYMChime Finl Incwas 0.02%@$20.1743230 shares · $872K
SOLDFWONKLiberty Media Corp Delwas 0.74%@$104.45288400 shares · $30.1M
SOLDVSTVistra Corpwas 1.13%@$195.92233985 shares · $45.8M
SOLDARGTGlobal X Fdswas 0.44%@$69.76254045 shares · $17.7M
SOLDKBESpdr Series Trustwas 0.71%@$59.42482095 shares · $28.6M
SOLDPCGPg&E Corpwas 0.61%@$15.081649300 shares · $24.9M
SOLDDKSDicks Sporting Goods Incwas 0.72%@$222.22132425 shares · $29.4M
SOLDVRNAVerona Pharma Plcwas 2.63%@$106.711002080 shares · $106.9M