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Investor profile

Stanley Druckenmiller

Duquesne Family Office · Chairman · Net worth: ~$11B

Soros's right hand on the Black Wednesday Pound trade. 30+ years without a losing year.

"Macro top-down, concentrated bets, ride trends."

Data verified 2026-05-15 · sourced from SEC EDGAR · view filing

Informational only — not investment advice. HoldLens tracks institutional positioning from public 13F filings. We are not a registered investment advisor and do not provide recommendations to buy or sell securities. Our 2026 backtest over 221 ticker-quarter pairs found the ConvictionScore has no predictive signal for forward returns (Pearson r = −0.12). The rankings describe what tracked superinvestors were accumulating or selling at the latest 13F snapshot — useful as market intelligence, not as personal investment advice. 13F data is reported with a 45-day SEC filing lag.

See the backtest →

Latest 13F: Q1 2026(7d ago)Next due: Q2 2026by 2026-08-14View on SEC EDGAR →● RSS — move alerts

Tracked positions

Top concentration

44%

Longest holding

NVIDIA-class compounders

Stanley's portfolio concentration: top-1, top-5, top-10

Diversified

Top 1 · NTRA

18.1%

Top 5 combined

34.3%

Top 10 combined

43.5%

Tracked positions

NTRATop-5 zoneTop-10

Stanley's single largest bet is NTRA at 18.1% of tracked positions. Exposure is spread across a broader basket, reducing single-name risk.

Realized 10-year track record

Duquesne Family Office (private; estimates from press)

See leaderboard →

10y CAGR

17.0%

net of fees

Alpha vs S&P

+3.9%

vs 13.1% benchmark

Win rate

60%

years beating S&P

Quality score

7.2

computed 0–10

Best year

+42%

Worst year

-10%

Cumulative 10y

4.8×

Volatility

16%

Stanley Druckenmiller's recent 13F moves: buys, adds, trims, and exits

Manager quality score: 7.2/10

Every tracked 13F move — buys, adds, trims, and exits — over the last two quarters.

Q1 2026

15 buys · 21 sells

Ticker	Activity	Share change	% portfolio
BN	Buy (new)	+196K	1.80%
JABIL	Buy (new)	+82K	0.60%
LINDE	Buy (new)	+41K	0.60%
NUVB	Buy (new)	+4.54M	0.60%
STX	Buy (new)	+51K	0.60%
ARM	Buy (new)	+107K	0.50%
INTC	Buy (new)	+411K	0.50%
COHR	Buy (new)	+40K	0.30%
MU	Buy (new)	+23K	0.20%
GOOGL	Sell (exit)	-385K	0.00%
ENTG	Sell (exit)	-844K	0.00%
DAL	Sell (exit)	-651K	0.00%
FLUT	Sell (exit)	-115K	0.00%
ON	Sell (exit)	-536K	0.00%
GS	Sell (exit)	-28K	0.00%
RH	Sell (exit)	-88K	0.00%
CMG	Sell (exit)	-392K	0.00%
ARGAN	Sell (exit)	-30K	0.00%
DASH	Sell (exit)	-36K	0.00%
PFE	Sell (exit)	-67K	0.00%

Showing top 20 by position change · 16 smaller moves hidden

Q4 2025

18 buys · 28 sells

Ticker	Activity	Share change	% portfolio
GOOGL	Add 277%	+283K	2.70%
SEA	Add 244%	+670K	2.70%
ALCOA	Buy (new)	+1.38M	1.60%
ENTG	Buy (new)	+844K	1.60%
DAL	Buy (new)	+651K	1.00%
ON	Buy (new)	+536K	0.60%
GS	Buy (new)	+28K	0.50%
RH	Buy (new)	+88K	0.40%
ARGAN	Buy (new)	+30K	0.20%
DASH	Buy (new)	+36K	0.20%
PFE	Buy (new)	+67K	0.20%
META	Sell (exit)	-76K	0.00%
BAC	Sell (exit)	-989K	0.00%
CRS	Sell (exit)	-220K	0.00%
C	Sell (exit)	-515K	0.00%
EQT	Sell (exit)	-895K	0.00%
GEV	Sell (exit)	-77K	0.00%
VST	Sell (exit)	-234K	0.00%
DHI	Sell (exit)	-205K	0.00%
LEN	Sell (exit)	-279K	0.00%

Showing top 20 by position change · 26 smaller moves hidden

Q3 2025

26 buys · 25 sells

Ticker	Activity	Share change	% portfolio
IVV	Add 535%	+1.79M	3.80%
LEN	Add 211%	+190K	0.90%
BAC	Add 189%	+647K	1.30%
DHI	Add 165%	+128K	0.90%
AMZN	Buy (new)	+437K	2.40%
META	Buy (new)	+76K	1.40%
CRH	Buy (new)	+394K	1.20%
GEV	Buy (new)	+77K	1.20%
VST	Buy (new)	+234K	1.10%
CLF	Buy (new)	+2.72M	0.80%
LSXMA	Buy (new)	+288K	0.70%
SPGI	Buy (new)	+482K	0.70%
GOOGL	Buy (new)	+102K	0.60%
PDD	Buy (new)	+1.65M	0.60%
COF	Buy (new)	+44K	0.20%
CMG	Buy (new)	+233K	0.20%
MNST	Buy (new)	+18K	0.10%
PFE	Sell (exit)	-816K	0.00%
ENTG	Sell (exit)	-1.65M	0.00%
MSFT	Sell (exit)	-201K	0.00%

Showing top 20 by position change · 31 smaller moves hidden

Q2 2025

27 buys · 19 sells

Ticker	Activity	Share change	% portfolio
ROKU	Add 123%	+607K	2.40%
APP	Add 123%	+49K	0.80%
ENTG	Buy (new)	+1.65M	3.30%
MSFT	Buy (new)	+201K	2.50%
IVV	Buy (new)	+335K	1.80%
C	Buy (new)	+666K	1.40%
SPG	Buy (new)	+90K	1.40%
NU	Buy (new)	+3.42M	1.20%
QSR	Buy (new)	+751K	1.20%
SEA	Buy (new)	+310K	1.20%
U	Buy (new)	+1.77M	1.10%
CRS	Buy (new)	+127K	0.90%
GS	Buy (new)	+42K	0.70%
XPO	Buy (new)	+163K	0.50%
BAC	Buy (new)	+342K	0.40%
BLDR	Buy (new)	+85K	0.20%
DHI	Buy (new)	+77K	0.20%
LEN	Buy (new)	+90K	0.20%
DHR	Buy (new)	+25K	0.10%
TMO	Buy (new)	+12K	0.10%

Showing top 20 by position change · 26 smaller moves hidden

Stanley's sector breakdown

How the top 10 positions are diversified across 3 sectors. Weighted by stated portfolio percentage.

Other

7 positions · NTRA, INSM, ALCOA, SEA, ROKU, TEVA, SPG

80.9%

35.2% of AUM

Technology

2 positions · TSM, AMZN

14.9%

6.5% of AUM

Financials

1 position · BN

4.1%

1.8% of AUM

Position intelligence · 13F-derived

How Druckenmiller is sized + moving

Every position classified by both portfolio weight (size bucket) and recent move activity (trend bucket). A 22% Apple position building +5% this quarter signals different intent than a 1% starter trimmed in half. Descriptive analysis of 13F filings — not recommendation.

Core

≥10% positions

Significant

3–10%

Starter

1–3%

Small

<1%

Building

Steady

Trimming

New

Exit pending

Position	% portfolio	Size	Trend
NTRA Natera Inc	18.1%	core	→ steady
INSM Insmed Inc	5.6%	significant	↓ trimming
TSM Taiwan Semiconductor Manufac	5.0%	significant	↓ trimming
ALCOA Alcoa Corp	2.9%	starter	↑ building
SEA Sea Ltd	2.7%	starter	↑ building
ROKU Roku Inc	2.1%	starter	→ steady
TEVA Teva Pharmaceutical Inds Ltd	2.1%	starter	↓ trimming
BN Broadcom Inc	1.8%	starter	★ new
SPG State Str Spdr S&P 500 Etf T	1.7%	starter	★ new
AMZN Amazon Com Inc	1.5%	starter	↑ building
CPNG Coupang Inc	1.5%	starter	↓ trimming
CRH Crh Plc	1.2%	starter	→ steady
QSR Restaurant Brands Intl Inc	1.0%	starter	↓ trimming
WAB Wabtec	0.7%	small	↑ building
CLF Cleveland-Cliffs Inc New	0.6%	small	→ steady
Showing top 15 of 26 positions.

How to read: Size bucket from current 13F-filed portfolio weight. Trend bucket from the last 2 quarters of move activity (net delta >5% in either direction = building/trimming; new = first-appearance this quarter; exit pending = trimmed >50% last quarter). Data lag: SEC 13F filings are reported 45 days after quarter-end. This is descriptive intelligence — not investment advice.

Score explainability · 9-factor breakdown

What drives the ConvictionScore on Druckenmiller's top positions

The HoldLens ConvictionScore combines 9 factors. This table shows the per-position breakdown — exactly which factors contribute and by how much for each of Druckenmiller's top 8 holdings. Hover any header for factor definition. Empty cells (·) = neutral (no contribution).

Ticker	% port	Smart $	Insider	Track	Streak	Conc	Contra	Event	Dissent	Crowd
NTRA	18.1	+5	-2	+5	·	+9	·	·	+10	·
INSM	5.6	+2	-5	+4	·	+3	·	·	+7	·
TSM	5.0	+17	+1	·	+10	+5	·	·	+35	·
ALCOA	2.9	+11	·	+1	·	+1	·	·	·	·
SEA	2.7	+14	·	-2	·	+3	·	·	+14	·
ROKU	2.1	+5	-5	+2	·	+1	·	·	+7	·
TEVA	2.1	+4	·	+3	·	+4	·	·	+10	·
BN	1.8	+21	·	-4	+10	+7	·	·	+21	·

Factor definitions →

Smart $: Manager quality × consensus (0–30)
Insider: Form 4 net buy/sell (-15..+20)
Track: Buyer 10y CAGR × concentration (-10..+20)
Streak: Multi-quarter compounding (0–10)
Conc: Biggest position size as conviction (0–10)
Contra: Under-the-radar bonus (0–10)
Event: 8-K events last 90d (-15..+5)
Dissent: Sells subtract, weighted ×1.6 (0–60)
Crowd: Too many owners = priced in (0–10)

Factors are summed (positive add, penalties subtract), then clamped to the -100/+100 range. Each factor has a maximum contribution shown in parentheses next to its name. Read positive cells as bullish contributions, negative as bearish. See /learn/conviction-score-explained for the full methodology. ConvictionScore is descriptive synthesis of public filings — not investment advice.

Cross-portfolio overlap

Who else holds what Druckenmiller holds

Top 6 highest-conviction overlap pairs containing Stanley Druckenmiller. Each page is the full intersection of two 13F-filed portfolios.

See all 435 overlap pairs →

Stanley Druckenmiller's top 10 disclosed holdings (Q1 2026)

Ticker	Company	% Portfolio	Shares (M)
NTRA	Natera Inc	18.1%	3.06
INSM	Insmed Inc	5.6%	1.15
TSM	Taiwan Semiconductor Manufac The picks-and-shovels AI play.	5.0%	0.5
ALCOA	Alcoa Corp	2.9%	1.49
SEA	Sea Ltd	2.7%	1.1
ROKU	Roku Inc	2.1%	0.75
TEVA	Teva Pharmaceutical Inds Ltd	2.1%	2.38
BN	Broadcom Inc	1.8%	0.2
SPG	State Str Spdr S&P 500 Etf T	1.7%	0.09
AMZN	Amazon Com Inc	1.5%	0.25

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Dividend tax by country

Estimate your withholding on cross-border dividends

Your country of residenceCompany is domiciled inGross dividend (example)

Withholding rate

Domestic (no cross-border)

Tax withheld

$0.00

You'd receive

$1000.00

Of $1000 gross

Source & treaty reference

Treaty: Domestic — no cross-border withholding

Citation: IRC §§ 1441–1446 (withholding applies to foreign persons; US residents not subject to WHT on US-source dividends)

U.S. residents receiving U.S.-source dividends: no cross-border withholding; taxed on return at qualified (0/15/20%) or ordinary rates.

Estimates for educational purposes only. Tax rules change; consult a qualified tax professional for your specific situation. Dividend-tax treatment depends on holding period, account type (taxable vs. retirement), investor type (individual vs. pension vs. mutual fund), limitation-on-benefits tests, and other factors not modeled here.

Full dividend-tax rules for United States investors →

Want Stanley move-alerts?

One email per 13F filing. Summarizes every new position, exit, and trim.

Investors with portfolios similar to Stanley Druckenmiller

Tracked managers whose top positions overlap with Stanley's portfolio.

Andreas Halvorsen

Viking Global Investors

2 shared positions: MSFT, NVDA

Stephen Mandel

Lone Pine Capital

2 shared positions: MSFT, NVDA

Lee Ainslie

Maverick Capital

2 shared positions: MSFT, NVDA

See all 29 investors ranked by portfolio similarity →

ETF replication

Which ETF replicates Stanley's portfolio?

Closest match: XLK · overlap score 284.3 across 2 shared top-10 names. Full ranked list of 5 ETFs →

Investing style

Stanley is a macro investor

See 1 other macro manager tracked. Multi-asset book; size flexes with conviction; willing to short.

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Per-quarter digests

What Stanley Druckenmiller did, quarter by quarter

Full move-by-move breakdown for each of the last 8 filed quarters.

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024

Historical trade analysis

Black Wednesday — the Quantum Fund pound trade

September 16, 1992. The $1-billion-in-a-day macro trade that broke the Bank of England. Why FX/short/derivative trades are invisible to 13F.

Read the deep-dive →

Frequently asked questions

Who is Stanley Druckenmiller?

Stanley Druckenmiller runs Duquesne Family Office as chairman. Soros's right hand on the Black Wednesday Pound trade. 30+ years without a losing year.

What fund does Stanley Druckenmiller run?

Stanley Druckenmiller is chairman of Duquesne Family Office. Duquesne Family Office files SEC Form 13F-HR quarterly with the latest disclosure dated 2026-05-15 (Q1 2026). Full holdings, share counts, dollar values, and quarter-over-quarter changes are listed below.

What does Stanley Druckenmiller invest in?

Stanley Druckenmiller's Duquesne Family Office portfolio is disclosed quarterly via SEC Form 13F-HR. Each position below shows the ticker, share count, dollar value, percentage of portfolio, and quarter-over-quarter change. Data is sourced directly from SEC filings (public-domain regulatory disclosure).

What is Stanley Druckenmiller's investment philosophy?

Stanley Druckenmiller's stated investment philosophy: "Macro top-down, concentrated bets, ride trends.". Stanley Druckenmiller has been chairman of Duquesne Family Office; estimated net worth ~$11B.

What is Stanley Druckenmiller's net worth?

Stanley Druckenmiller's estimated net worth is ~$11B. Stanley Druckenmiller runs Duquesne Family Office as chairman; full 13F holdings disclosed quarterly with the SEC are listed below.

Data sourced from Duquesne Family Office 13F filings with the SEC. Approximate snapshot. Not investment advice.

Sister property: SecFilingDex — the encyclopedic reference for Form 13F (HR / NT / HR/A variants) and the regulatory citation behind every position shown above.