Stanley Druckenmiller
Portfolio
$4.3B
▲ 52% over 8 quarters
Stocks
85
9 option positions not counted
Bought
+$1.6B
43 new · 15 added
Sold
−$763.3M
23 sold out · 10 cut
Largest holdings
% of portfolio · = Q1 2026nowchange, pts
NTRANatera Inc
20.0%
−0.9
TSMTaiwan Semiconductor Mfg Ltd
6.5%
+0.8
STMStmicroelectronics N V
5.4%
+2.3
INSMInsmed Inc
3.5%
−2.9
YPFYpf Sociedad Anonima
3.3%
−1.8
TBBBBbb Foods Inc
2.8%
−0.9
EWZIshares Inc
2.7%
−1.7
What they did in Q2 2026 · dollars at the quarter-end price
SoldBought
-$78.2MROKU
GOOGLNEW+$120.2M
-$68.2MAA
AMZN+$118.2M
-$61.3MWWD
FOXANEW+$115.0M
-$60.6MAVGOOUT
CDWNEW+$104.6M
-$59.4MTEVA
UAL+$72.4M
-$50.3MOPCHOUT
STX+$68.8M
-$39.1MFIGROUT
BTDRNEW+$64.7M
-$33.6MQSROUT
DALNEW+$56.5M
The 8 largest each way of 33 sells and 58 buys; all of them are in the table below.
How the portfolio's mix changed · % of the money, last 8 quarters
Every holding in Q2 2026
| Stock | % of portfolio | Shares | Value | Price | Activity |
|---|---|---|---|---|---|
| NTRA Natera Inc | 20.00% | 3.19M | $864.9M | 271.45 | Added +4.0% |
| TSM Taiwan Semiconductor Manufac · SPONSORED ADS | 6.51% | 590K | $281.6M | 477.57 | Added +19.1% |
| STM Stmicroelectronics N V · NY REGISTRY | 5.37% | 3.10M | $232.4M | 74.89 | Added +18.8% |
| INSM Insmed Inc · COM PAR $.01 | 3.51% | 1.42M | $151.9M | 106.62 | Added +23.4% |
| YPF Ypf Sociedad Anonima · SPON ADR CL D | 3.30% | 3.14M | $142.7M | 45.47 | Reduced -3.0% |
| AMZN Amazon Com Inc | 2.98% | 542K | $129.1M | 238.34 | Added ×12 |
| TBBB Bbb Foods Inc · CL A COM | 2.80% | 2.90M | $120.9M | 41.67 | Reduced -6.7% |
| GOOGL Alphabet Inc · CAP STK CL A | 2.78% | 336K | $120.2M | 357.37 | New |
| EWZ Ishares Inc · MSCI BRAZIL ETF | 2.74% | 3.44M | $118.5M | 34.50 | |
| STX Seagate Technology Hldngs Pl · ORD SHS | 2.72% | 122K | $117.7M | 965.00 | Added +140.6% |
| FOXA Fox Corp · CL A COM | 2.66% | 2.20M | $115.0M | 52.16 | New |
| UAL United Airls Hldgs Inc | 2.50% | 795K | $108.1M | 135.99 | Added +202.8% |
| SE Sea Ltd · SPONSORD ADS | 2.44% | 1.10M | $105.4M | 95.83 | |
| CDW Cdw Corp | 2.42% | 744K | $104.6M | 140.64 | New |
| NAMS Newamsterdam Pharma Company · ORDINARY SHARES | 2.41% | 3.07M | $104.0M | 33.89 | |
| SNDK Sandisk Corp | 1.83% | 35K | $79.4M | 2273.72 | Reduced -8.5% |
| RVMD Revolution Medicines Inc | 1.73% | 400K | $74.8M | 187.28 | Added +26.5% |
| BTDR Bitdeer Technologies Group · CL A ORD SHS | 1.50% | 4.07M | $64.7M | 15.87 | New |
| CRH Crh Plc · ORD | 1.37% | 554K | $59.2M | 107.00 | Added +46.6% |
| DAL Delta Air Lines Inc | 1.31% | 603K | $56.5M | 93.66 | New |
| FLR Fluor Corp | 1.19% | 982K | $51.5M | 52.39 | New |
| DHI D R Horton Inc | 1.13% | 299K | $48.7M | 162.88 | New |
| CPNG Coupang Inc · CL A | 1.07% | 2.67M | $46.3M | 17.37 | |
| AMD Advanced Micro Devices Inc | 0.98% | 73K | $42.3M | 580.91 | New |
| PANW Palo Alto Networks Inc | 0.92% | 117K | $39.8M | 341.02 | New |
| CLF Cleveland-Cliffs Inc New | 0.92% | 4.22M | $39.6M | 9.39 | Added +82.2% |
| HUT Hut 8 Corp | 0.84% | 314K | $36.3M | 115.44 | New |
| CAI Caris Life Sciences Inc | 0.78% | 1.89M | $33.8M | 17.82 | |
| ARGT Global X Fds · GB MSCI AR ETF | 0.69% | 329K | $30.0M | 91.30 | Reduced -15.1% |
| WWD Woodward Inc | 0.66% | 67K | $28.6M | 425.44 | Reduced -68.2% |
| NUVB Nuvation Bio Inc · COM CL A | 0.60% | 4.54M | $25.8M | 5.68 | |
| PTGX Protagonist Therapeutics Inc | 0.59% | 209K | $25.6M | 122.58 | Added +30.8% |
| ROKU Roku Inc · COM CL A | 0.59% | 184K | $25.4M | 138.14 | Reduced -75.5% |
| CVCO Cavco Inds Inc Del | 0.56% | 40K | $24.3M | 614.38 | New |
| ADMA Adma Biologics Inc | 0.54% | 2.78M | $23.3M | 8.37 | Added +80.1% |
| PURR Hyperliquid Strategies Inc | 0.54% | 2.94M | $23.1M | 7.87 | New |
| RMBS Rambus Inc Del | 0.53% | 173K | $23.0M | 132.74 | New |
| RYTM Rhythm Pharmaceuticals Inc | 0.52% | 204K | $22.6M | 111.03 | New |
| SKY Champion Homes Inc | 0.52% | 254K | $22.4M | 88.12 | New |
| DAKT Daktronics Inc | 0.51% | 1.12M | $22.0M | 19.56 | Added +99.6% |
| PCT Purecycle Technologies Inc | 0.50% | 2.68M | $21.7M | 8.11 | Added +178.4% |
| SCCO Southern Copper Corp | 0.50% | 123K | $21.4M | 174.26 | Added +1.0% |
| LIN Linde Plc · SHS | 0.49% | 41K | $21.4M | 518.93 | |
| ENTG Entegris Inc | 0.49% | 118K | $21.3M | 179.86 | New |
| TEVA Teva Pharmaceutical Inds Ltd · SPONSORED ADS | 0.49% | 625K | $21.2M | 33.88 | Reduced -73.7% |
| U Unity Software Inc | 0.49% | 739K | $21.1M | 28.58 | |
| AEVA Aeva Technologies Inc | 0.48% | 720K | $20.7M | 28.72 | New |
| RIOT Riot Platforms Inc | 0.48% | 755K | $20.7M | 27.38 | New |
| Q Qnity Electronics Inc · COMMON STOCK | 0.47% | 126K | $20.5M | 163.31 | |
| EQIX Equinix Inc | 0.44% | 18K | $19.2M | 1042.38 | New |
| LRCX Lam Research Corp | 0.44% | 44K | $18.9M | 433.33 | New |
| DFTX Definium Therapeutics Inc · COM SHS | 0.39% | 357K | $16.8M | 47.04 | New |
| BLTE Belite Bio Inc Sponsored · ADS | 0.38% | 106K | $16.3M | 153.99 | |
| RSP Invesco Exchange Traded Fd T · S&P500 EQL WGT | 0.37% | 74K | $15.8M | 212.77 | New |
| TXG 10x Genomics Inc · CL A COM | 0.36% | 403K | $15.5M | 38.34 | New |
| WAB Wabtec | 0.35% | 57K | $15.3M | 269.60 | Reduced -40.4% |
| LLY Eli Lilly & Co | 0.34% | 12K | $14.8M | 1199.43 | New |
| XENE Xenon Pharmaceuticals Inc | 0.33% | 239K | $14.4M | 60.36 | |
| OLMA Olema Pharmaceuticals Inc | 0.29% | 987K | $12.3M | 12.51 | |
| RGEN Repligen Corp | 0.24% | 77K | $10.6M | 136.43 | New |
| RKT Rocket Cos Inc · COM CL A | 0.24% | 652K | $10.3M | 15.75 | New |
| BIDU Baidu Inc · SPON ADR REP A | 0.23% | 88K | $10.1M | 114.29 | New |
| ARM Arm Holdings Plc · SPONSORED ADS | 0.23% | 28K | $10.0M | 354.57 | Reduced -73.7% |
| CVNA Carvana Co · CL A | 0.23% | 151K | $9.9M | 65.82 | New |
| RDDT Reddit Inc · CL A | 0.23% | 57K | $9.8M | 173.58 | New |
| AA Alcoa Corp | 0.22% | 186K | $9.7M | 52.14 | Reduced -87.6% |
| TMO Thermo Fisher Scientific Inc | 0.22% | 19K | $9.6M | 501.35 | New |
| DHR Danaher Corp Del | 0.22% | 50K | $9.6M | 190.48 | New |
| FFIV F5 Inc | 0.21% | 22K | $9.2M | 415.95 | New |
| VIST Vista Energy S.a.b. De C.v. · SPONSORED ADS | 0.20% | 135K | $8.6M | 63.80 | |
| SKE Skeena Res Ltd New | 0.19% | 300K | $8.0M | 26.66 | New |
| JBS Jbs N.v. · CL A SHS | 0.18% | 656K | $7.8M | 11.85 | |
| GLUE Monte Rosa Therapeutics Inc | 0.17% | 298K | $7.2M | 24.20 | New |
| RLAY Relay Therapeutics Inc | 0.15% | 349K | $6.5M | 18.71 | New |
| DBVT Dbv Technologies S A Sponsored · ADS | 0.15% | 383K | $6.3M | 16.40 | |
| CCC Ccc Intelligent Solutions Hl | 0.14% | 1.17M | $6.0M | 5.16 | New |
| UWMC Uwm Holdings Corporation · COM CL A | 0.14% | 2.58M | $5.9M | 2.29 | New |
| NVTS Navitas Semiconductor Corp | 0.13% | 311K | $5.6M | 17.92 | New |
| SOLS Solstice Advanced Matls Inc · COM SHS | 0.13% | 63K | $5.5M | 88.60 | |
| FTAI Ftai Aviation Ltd · SHS | 0.13% | 20K | $5.5M | 270.54 | New |
| BEAM Beam Therapeutics Inc | 0.12% | 154K | $5.3M | 34.32 | New |
| AUR Aurora Innovation Inc · CLASS A COM | 0.10% | 634K | $4.3M | 6.82 | New |
| IREN Iren Limited · ORDINARY SHARES | 0.09% | 87K | $4.0M | 45.73 | New |
| GGAL Grupo Financiero Galicia S.a · SPONSORED ADR | 0.07% | 60K | $3.0M | 50.03 | New |
| WVE Wave Life Sciences Ltd · SHS | 0.02% | 173K | $1.0M | 5.81 |
Sold out this quarter
| Stock | Shares the quarter before | % of portfolio then |
|---|---|---|
| AVGO Broadcom Inc | 196K | 2.06% |
| OPCH Option Care Health Inc | 1.87M | 1.71% |
| FIGR Figure Technology Solutio | 1.15M | 1.33% |
| QSR Restaurant Brands Intl Inc | 454K | 1.14% |
| LSCC Lattice Semiconductor Corp | 323K | 1.02% |
| HUM Humana Inc | 138K | 0.81% |
| TWLO Twilio Inc | 182K | 0.78% |
| JBL Jabil Inc | 82K | 0.74% |
| GSG Ishares S&p Gsci Commodity- | 643K | 0.71% |
| BE Bloom Energy Corp | 136K | 0.63% |
| INTC Intel Corp | 411K | 0.62% |
| NET Cloudflare Inc | 53K | 0.37% |
| LYB Lyondellbasell Industries Nv | 131K | 0.36% |
| COHR Coherent Corp | 40K | 0.33% |
| TWST Twist Bioscience Corp | 206K | 0.33% |
| CLS Celestica Inc | 33K | 0.32% |
| STUB Stubhub Hldgs Inc | 1.37M | 0.29% |
| MU Micron Technology Inc | 23K | 0.27% |
| ECHO Echostar Corp | 61K | 0.24% |
| ALM Almonty Inds Inc | 470K | 0.23% |
| LITE Lumentum Hldgs Inc | 7K | 0.17% |
| MELI Mercadolibre Inc | 3K | 0.16% |
| WLK Westlake Corporation | 21K | 0.08% |
From the information table of the 13F-HR (and any amendment for the same quarter), lines added up by CUSIP. Values are as reported by the manager. Changes compare share counts with the previous quarter on file; a share split between the two is detected and adjusted for.