Stanley Druckenmiller’s State Street SPDR S&P Bank ETF KBE Stock Holding History

Stanley Druckenmiller’s Portfolio KBE Stock Details KBE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-482,095	Closed	-$28.6M	–	75
2025 Q3	$28.6M	Buy	+482,095	New	+$28.4M	0.71%	40

Other funds holding KBE

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

WBG

Wharton Business Group Malvern, Pennsylvania $2.65B AUM 20.73% 1-Year Est. Return

MAM

Madison Asset Management Madison, Wisconsin $8.06B AUM 11.81% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Stanley Druckenmiller's KBE Position: Q4 2025 in Review

Stanley Druckenmiller sold out of State Street SPDR S&P Bank ETF (KBE) in Q4 2025, closing a stake of 482,095 shares — an estimated $28.6M sold.

Stanley Druckenmiller first reported a position in KBE in Q3 2025 and held it in 1 quarter. The position peaked at $28.6M in Q3 2025. 264 funds tracked by Wall St. Rank hold KBE as of Q4 2025.

Stanley Druckenmiller reported no remaining State Street SPDR S&P Bank ETF position as of Q4 2025 after selling out during the quarter.
Stanley Druckenmiller sold 482,095 State Street SPDR S&P Bank ETF shares in Q4 2025, an estimated $28.6M.
Stanley Druckenmiller first reported a position in State Street SPDR S&P Bank ETF in Q3 2025 and held it in 1 quarter.
Stanley Druckenmiller's State Street SPDR S&P Bank ETF position peaked at $28.6M in Q3 2025.
264 funds tracked by Wall St. Rank held State Street SPDR S&P Bank ETF as of Q4 2025.

Based on Duquesne Family Office's 13F filing for Q4 2025, filed 17 Feb 2026.