What Stanley Druckenmiller Bought in Q3 2025
Duquesne Family Office · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$4.06B
Total Value
65
Holdings
29
New Buys
16
Reduced
In Q3 2025, Stanley Druckenmiller reported 65 long equity positions worth $4.06B in their Duquesne Family Office 13F filing, including 29 new positions (largest: iShares MSCI Emerging Markets ETF at $101.5M) and 16 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | NTRA | Natera Inc | 3214532 | $517.4M | 12.74% | +4.2% |
| 2 | INSM | Insmed Inc | 2423435 | $349.0M | 8.59% | +7.5% |
| 3 | TEVA | Teva Pharmaceutical Inds Ltd | 16593935 | $335.2M | 8.25% | +3.9% |
| 4 | TSM | Taiwan Semiconductor Mfg Ltd | 765085 | $213.7M | 5.26% | — |
| 5 | WWD | Woodward Inc | 633015 | $160.0M | 3.94% | -25.4% |
| 6 | CPNG | Coupang Inc | 4633124 | $149.2M | 3.67% | +12.9% |
| 7 | MELI | Mercadolibre Inc | 58344 | $136.3M | 3.36% | +8.6% |
| 8 | DOCU | Docusign Inc | 1685950 | $121.5M | 2.99% | +30.6% |
| 9 | VRNA | Verona Pharma Plc | 1002080 | $106.9M | 2.63% | — |
| 10 | EEM | iShares MSCI Emerging Markets ETF | 1900000 | $101.5M | 2.50% | NEW |
| 11 | AMZN | Amazon Com Inc | 437070 | $96.0M | 2.36% | NEW |
| 12 | ROKU | Roku Inc | 822435 | $82.3M | 2.03% | +-25.3% |
| 13 | FIGR | Figure Technology Solutio | 2116825 | $77.0M | 1.90% | NEW |
| 14 | QSR | Restaurant Brands Intl Inc | 1131365 | $72.6M | 1.79% | 50.6% |
| 15 | STUB | Stubhub Hldgs Inc | 4259516 | $71.7M | 1.77% | NEW |
| 16 | WAB | Wabtec | 302410 | $60.6M | 1.49% | +77.4% |
| 17 | SPY | SPDR S&P 500 ETF | 90000 | $60.0M | 1.48% | — |
| 18 | META | Meta Platforms Inc | 76100 | $55.9M | 1.38% | NEW |
| 19 | NAMSW | Newamsterdam Pharma Company | 1923700 | $54.7M | 1.35% | 131.2% |
| 20 | EEM | iShares MSCI Emerging Markets ETF | 226000 | $54.7M | 1.35% | -32.5% |
| 21 | CRS | Carpenter Technology Corp | 220035 | $54.0M | 1.33% | +73.8% |
| 22 | C | Citigroup Inc | 514850 | $52.3M | 1.29% | -22.7% |
| 23 | TWLO | Twilio Inc | 512800 | $51.3M | 1.26% | +155.8% |
| 24 | BAC | Bank America Corp | 989250 | $51.0M | 1.26% | +189.3% |
| 25 | SE | Sea Ltd | 274200 | $49.0M | 1.21% | -11.5% |
| 26 | EQT | Eqt Corp | 894950 | $48.7M | 1.20% | +-28.6% |
| 27 | GEV | Ge Vernova Inc | 77320 | $47.5M | 1.17% | NEW |
| 28 | CRH | Crh Plc | 393820 | $47.2M | 1.16% | NEW |
| 29 | VST | Vistra Corp | 233985 | $45.8M | 1.13% | NEW |
| 30 | U | Unity Software Inc | 882500 | $35.3M | 0.87% | +-50.3% |
| 31 | LEN | Lennar Corp | 279424 | $35.2M | 0.87% | 210.8% |
| 32 | DHI | D R Horton Inc | 205150 | $34.8M | 0.86% | 165.1% |
| 33 | CLF | Cleveland-Cliffs Inc New | 2715035 | $33.1M | 0.82% | NEW |
| 34 | TBBB | Bbb Foods Inc | 1183125 | $31.9M | 0.79% | 228.1% |
| 35 | PCTBP | Purecycle Technologies Inc | 2303084 | $30.3M | 0.75% | — |
| 36 | FWONK | Liberty Media Corp Del | 288400 | $30.1M | 0.74% | NEW |
| 37 | DAKT | Daktronics Inc | 1436936 | $30.1M | 0.74% | -53.3% |
| 38 | DKS | Dicks Sporting Goods Inc | 132425 | $29.4M | 0.72% | NEW |
| 39 | FLUT | Flutter Entmt Plc | 115245 | $29.3M | 0.72% | -71.6% |
| 40 | KBE | Spdr Series Trust | 482095 | $28.6M | 0.71% | NEW |
| 41 | OPCH | Option Care Health Inc | 977685 | $27.1M | 0.67% | +53.5% |
| 42 | AEVA | Aeva Technologies Inc | 1839314 | $26.7M | 0.66% | NEW |
| 43 | PCG | Pg&E Corp | 1649300 | $24.9M | 0.61% | NEW |
| 44 | GOOGL | Alphabet Inc | 102200 | $24.8M | 0.61% | NEW |
| 45 | ARM | Arm Holdings Plc | 167900 | $23.8M | 0.58% | NEW |
| 46 | NU | Nu Hldgs Ltd | 1454180 | $23.3M | 0.57% | -57.4% |
| 47 | SMTC | Semtech Corp | 301515 | $21.5M | 0.53% | NEW |
| 48 | STX | Seagate Technology Hldngs Pl | 85900 | $20.3M | 0.50% | +-56.5% |
| 49 | GPC | Genuine Parts Co | 144185 | $20.0M | 0.49% | NEW |
| 50 | ELVN | Enliven Therapeutics Inc | 947405 | $19.4M | 0.48% | +104.6% |
| 51 | POST | Post Hldgs Inc | 176400 | $19.0M | 0.47% | NEW |
| 52 | SNDK | Sandisk Corp | 166235 | $18.7M | 0.46% | NEW |
| 53 | SYF | Synchrony Financial | 261825 | $18.6M | 0.46% | NEW |
| 54 | ARGT | Global X Fds | 254045 | $17.7M | 0.44% | -5.1% |
| 55 | NTRA | Natera Inc | 100000 | $16.1M | 0.40% | -12.7% |
| 56 | COGT | Cogent Biosciences Inc | 1059580 | $15.2M | 0.37% | NEW |
| 57 | PTGX | Protagonist Therapeutics Inc | 159700 | $10.6M | 0.26% | NEW |
| 58 | COF | Capital One Financial | 43920 | $9.3M | 0.23% | NEW |
| 59 | CMG | Chipotle Mexican Grill Inc | 233205 | $9.1M | 0.22% | NEW |
| 60 | SEI | Solaris Energy Infras Inc | 145600 | $5.8M | 0.14% | NEW |
| 61 | MDB | Mongodb Inc | 17710 | $5.5M | 0.14% | NEW |
| 62 | TXRH | Texas Roadhouse Inc | 29800 | $5.0M | 0.12% | NEW |
| 63 | ECHO | Echostar Corp | 60765 | $4.6M | 0.11% | NEW |
| 64 | YPF | Ypf Sociedad Anonima | 114695 | $2.8M | 0.07% | -83.7% |
| 65 | CHYM | Chime Finl Inc | 43230 | $872K | 0.02% | -90.7% |