Stanley Druckenmiller Duquesne Family Office
Stanley Druckenmiller is the founder of Duquesne Family Office and one of the most closely watched macro investors of his generation. He first became widely known as lead portfolio manager of the Quantum Fund alongside George Soros, including during the famous 1992 bet against the British pound. After returning outside capital, he has continued to invest with a flexible, top-down approach that blends macroeconomic views with concentrated equity and commodity positions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$105M |
| 2 |
TSMC
TSM
|
+$95.5M |
| 3 |
DOCU
DocuSign
DOCU
|
+$94.1M |
| 4 |
Flutter Entertainment
FLUT
|
+$93.1M |
| 5 |
Insmed
INSM
|
+$59.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Seagate
STX
|
+$127M |
| 2 |
SKX
Skechers
SKX
|
+$72.3M |
| 3 |
SLM Corp
SLM
|
+$69.5M |
| 4 |
United Airlines
UAL
|
+$63.8M |
| 5 |
X
US Steel
X
|
+$54.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 34.09% |
| 2 | Technology | 16.16% |
| 3 | Consumer Discretionary | 15.1% |
| 4 | Industrials | 10.47% |
| 5 | Energy | 6.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Invivyd
IVVD
$218M
| $346K | 0.01% |
571,425
| – | – |
|
52
Joby Aviation
JOBY
$8.55B
| $190K | 0.01% |
31,489
| – | – |
|
53
CALL
American Airlines Group
AAL
$10.6B
| – | – |
-2,573,500
| Closed | -$44.9M |
|
54
Ameris Bancorp
ABCB
$5.89B
| – | – |
-154,000
| Closed | -$9.64M |
|
|
ACLX
55
DELISTED
Arcellx
ACLX
| – | – |
-74,100
| Closed | -$5.68M |
|
56
Arm
ARM
$302B
| – | – |
-178,394
| Closed | -$22M |
|
57
BWX Technologies
BWXT
$15.6B
| – | – |
-299,171
| Closed | -$33.3M |
|
58
Citigroup
C
$226B
| – | – |
-72,655
| Closed | -$5.11M |
|
59
Crinetics Pharmaceuticals
CRNX
$8.92B
| – | – |
-122,700
| Closed | -$6.27M |
|
|
DFS
60
DELISTED
Discover Financial Services
DFS
| – | – |
-146,970
| Closed | -$25.5M |
|
61
e.l.f. Beauty
ELF
$5.81B
| – | – |
-37,300
| Closed | -$4.68M |
|
62
First Citizens BancShares
FCNCA
$25.3B
| – | – |
-5,183
| Closed | -$11M |
|
63
First Horizon
FHN
$12.1B
| – | – |
-619,700
| Closed | -$12.5M |
|
64
Alphabet (Google) Class A
GOOGL
$4.33T
| – | – |
-76,680
| Closed | -$14.5M |
|
65
Huntington Bancshares
HBAN
$35.5B
| – | – |
-671,200
| Closed | -$10.9M |
|
66
IQVIA
IQV
$39.3B
| – | – |
-21,500
| Closed | -$4.22M |
|
67
KeyCorp
KEY
$24.4B
| – | – |
-527,000
| Closed | -$9.03M |
|
68
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| – | – |
-554,138
| Closed | -$33.4M |
|
69
Live Nation Entertainment
LYV
$42.1B
| – | – |
-79,635
| Closed | -$10.3M |
|
70
Mirion Technologies
MIR
$3.91B
| – | – |
-342,700
| Closed | -$5.98M |
|
71
Micron Technology
MU
$991B
| – | – |
-408,885
| Closed | -$34.4M |
|
72
Nu Holdings
NU
$66.9B
| – | – |
-467,255
| Closed | -$4.84M |
|
73
nVent Electric
NVT
$26.7B
| – | – |
-451,065
| Closed | -$30.7M |
|
74
Palo Alto Networks
PANW
$297B
| – | – |
-87,424
| Closed | -$15.9M |
|
75
Vaxcyte
PCVX
$8.64B
| – | – |
-86,265
| Closed | -$7.06M |
|
Similar funds
Stanley Druckenmiller's Q1 2025 Portfolio in Review
As of Q1 2025, Stanley Druckenmiller held 90 positions worth $3.06B, down 18% from $3.72B the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Stanley Druckenmiller withdrew a net $407M in Q1 2025, closing 38 positions and reducing 18 holdings. Its most notable exit was Skechers, an estimated $72.3M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 34% of assets, up from 27% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Stanley Druckenmiller opened a new position in DocuSign worth $87.5M.
- Stanley Druckenmiller's largest Q1 2025 buy was DocuSign: 1,074,655 shares worth $87.5M.
- Stanley Druckenmiller added most to Teva Pharmaceuticals in Q1 2025, an estimated $105M increase.
- Stanley Druckenmiller's biggest Q1 2025 reduction was Seagate, cutting an estimated $127M.
- Stanley Druckenmiller fully exited Skechers in Q1 2025, selling an estimated $72.3M.
- Stanley Druckenmiller's ten largest holdings make up 60% of its $3.06B portfolio in Q1 2025.
- Stanley Druckenmiller opened 12 new positions and closed 38 in Q1 2025.
- Stanley Druckenmiller's portfolio value fell 18% quarter-over-quarter to $3.06B.
Based on Duquesne Family Office's 13F filing for Q1 2025, filed 15 May 2025.