WhaleCreep

Duquesne Family Office LLC 13F holdings, Q3 2025

Family officeSEC filingsCompare with another fundHoldings as of 2025-09-30, filed 2025-11-14

Duquesne Family Office LLC disclosed 62 US equity positions worth $3.9bn in its Q3 2025 13F filing. Its largest position is NTRA at 13.2% of the reported book, followed by INSM and TEVA. Versus Q2 2025 it opened 29 new positions, added to 17, reduced 13 and exited 32.

$3.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
62
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.2%
Largest position
The largest single position as a share of the reported equity book.
55.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
53
Quarters on file since Q2 2013
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2025: 29 new, 17 added, 13 reduced, 32 exited

50 of 62
NTRA NATERA INCHealthcare13.2%$517m3.21m+4.2%added
INSM INSMED INCHealthcare8.9%$349m2.42m+7.5%added
TEVA TEVA PHARMACEUTICAL INDS LTDHealthcare8.5%$335m16.59m+3.9%added
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology5.4%$214m765,0850.0%held
WWD WOODWARD INCIndustrials4.1%$160m633,015−25%reduced
CPNG COUPANG INCConsumer Cyclical3.8%$149m4.63m+13%added
MELI MERCADOLIBREConsumer Cyclical3.5%$136m58,344+8.6%added
DOCU DOCUSIGN INCTechnology3.1%$122m1.69m+31%added
VRNA VERONA PHARMA PLC–2.7%$107m1.00m0.0%held
EEM ISHARES TR–2.6%$101m1.90m–new
AMZN AMAZON COM INCConsumer Cyclical2.4%$96.0m437,070–new
ROKU ROKU INCCommunication Services2.1%$82.3m822,435−25%reduced
FIGR FIGURE TECHNOLOGY SOLUTIOFinancial Services2.0%$77.0m2.12m–new
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical1.8%$72.6m1.13m+51%added
STUB STUBHUB HLDGS INCCommunication Services1.8%$71.7m4.26m–new
WAB WABTECIndustrials1.5%$60.6m302,410+77%added
META META PLATFORMS INCCommunication Services1.4%$55.9m76,100–new
NEWAMSTERDAM PHARMA COMPANY no ticker–1.4%$54.7m1.92m+131%added
CRS CARPENTER TECHNOLOGY CORPIndustrials1.4%$54.0m220,035+74%added
C CITIGROUP INCFinancial Services1.3%$52.3m514,850−23%reduced
TWLO TWILIO INCTechnology1.3%$51.3m512,800+156%added
BAC BANK OF AMER CORPFinancial Services1.3%$51.0m989,250+189%added
SE SEA LTDConsumer Cyclical1.2%$49.0m274,200−11%reduced
EQT EQT CORPORATIONEnergy1.2%$48.7m894,950−29%reduced
GEV GE VERNOVA LLCIndustrials1.2%$47.5m77,320–new
CRH CRH PLCBasic Materials1.2%$47.2m393,820–new
VST VISTRA CORPUtilities1.2%$45.8m233,985–new
U UNITY SOFTWARE INCTechnology0.9%$35.3m882,500−50%reduced
LEN LENNAR CORPConsumer Cyclical0.9%$35.2m279,424+211%added
DHI D R HORTON INCConsumer Cyclical0.9%$34.8m205,150+165%added
CLF CLEVELAND CLIFFS INCBasic Materials0.8%$33.1m2.72m–new
TBBB BBB FOODS INCConsumer Defensive0.8%$31.9m1.18m+228%added
PCT PURECYCLE TECHNOLOGIES INCIndustrials0.8%$30.3m2.30m0.0%held
LLYVK LIBERTY MEDIA CORP DELCommunication Services0.8%$30.1m288,400–new
DAKT DAKTRONICS INCTechnology0.8%$30.1m1.44m−53%reduced
DKS DICKS SPORTING GOODS INCConsumer Cyclical0.7%$29.4m132,425–new
FLUTTER ENTMT PLC no ticker–0.7%$29.3m115,245−72%reduced
KBE SPDR SERIES TRUST–0.7%$28.6m482,095–new
OPCH OPTION CARE HEALTH INCHealthcare0.7%$27.1m977,685+54%added
AEVA AEVA TECHNOLOGIES INCTechnology0.7%$26.7m1.84m–new
PCG PG&E CORPUtilities0.6%$24.9m1.65m–new
GOOGL ALPHABET INCCommunication Services0.6%$24.8m102,200–new
ARM ARM HOLDINGS PLCTechnology0.6%$23.8m167,900–new
NU NU HLDGS LTDFinancial Services0.6%$23.3m1.45m−57%reduced
SMTC SEMTECH CORPTechnology0.5%$21.5m301,515–new
STX SEAGATE TECHNOLOGY HLDNGS PLTechnology0.5%$20.3m85,900−57%reduced
GPC GENUINE PARTS COConsumer Cyclical0.5%$20.0m144,185–new
ELVN ENLIVEN THERAPEUTICS INCHealthcare0.5%$19.4m947,405+105%added
POST POST HLDGS INCConsumer Defensive0.5%$19.0m176,400–new
SNDK SANDISK CORPTechnology0.5%$18.7m166,235–new

Exited since Q2 2025

32 rows
PM PHILIP MORRIS INTL INC3.8%$149m
ENTG ENTEGRIS INC3.4%$133m
COHR COHERENT CORP2.6%$103m
MSFT MICROSOFT CORP2.6%$99.9m
LLY ELI LILLY & CO2.0%$78.5m
WBD WARNER BROS DISCOVERY INC1.9%$74.9m
XLF SELECT SECTOR SPDR TR1.3%$51.6m
CZR CAESARS ENTERTAINMENT INC NE1.0%$39.6m
DAL DELTA AIR LINES INC1.0%$39.0m
GLW CORNING INC0.8%$32.8m
KMI KINDER MORGAN INC DEL0.8%$31.5m
APP APPLOVIN CORP0.8%$31.3m
UAL UNITED AIRLINES HLDGS INC0.8%$30.0m
GS GOLDMAN SACHS GROUP INC0.8%$29.7m
BCS BARCLAYS PLC0.7%$28.8m
ILMN ILLUMINA INC0.7%$28.7m
AVGO BROADCOM INC0.6%$23.7m
EWZ ISHARES INC0.5%$21.3m
HAS HASBRO INC0.5%$20.8m
XPO XPO INC0.5%$20.6m
BMA BANCO MACRO S A0.4%$15.5m
VKTX VIKING THERAPEUTICS INC0.4%$14.6m
GGAL GRUPO FINANCIERO GALICIA S.A0.3%$11.7m
BWXT BWX TECHNOLOGIES INC0.3%$11.0m
BLDR BUILDERS FIRSTSOURCE INC0.3%$9.9m
FCX FREEPORT MCMORAN INC0.2%$9.7m
CCC CCC INTELLIGENT SOLUTIONS HL0.2%$9.5m
ELBIT SYS LTD no ticker0.2%$8.2m
TMO THERMO FISHER SCIENTIFIC INC0.1%$4.9m
DHR DANAHER CORP DEL0.1%$4.9m
CC CHEMOURS CO0.1%$4.8m
JOBY JOBY AVIATION INC0.01%$332k

Sector mix

  • Healthcare32.4%
  • Consumer Cyclical16.2%
  • Technology14.5%
  • Industrials9.0%
  • Unclassified8.6%
  • Communication Services6.9%
  • Financial Services5.9%
  • Basic Materials2.0%
  • Utilities1.8%
  • Energy1.5%
  • Consumer Defensive1.3%

Book over time

Every quarter on file (53)
QuarterPositionsEquity book
Q2 202686$4.4bn
Q1 202665$2.9bn
Q4 202558$4.2bn
Q3 202562$3.9bn
Q2 202565$3.9bn
Q1 202549$3.0bn
Q4 202474$3.6bn
Q3 202472$2.9bn
Q2 202463$2.8bn
Q1 202472$3.7bn
Q4 202350$3.1bn
Q3 202341$2.8bn
Q2 202353$2.9bn
Q1 202348$2.3bn
Q4 202257$2.0bn
Q3 202263$1.7bn
Q2 202242$1.4bn
Q1 202249$2.2bn
Q4 202148$2.7bn
Q3 202148$3.1bn
Q2 202152$4.0bn
Q1 202162$4.5bn
Q4 202054$3.7bn
Q3 202058$3.4bn
Q2 202070$3.3bn
Q1 202043$2.5bn
Q4 201959$3.3bn
Q3 201942$2.6bn
Q2 201960$3.4bn
Q1 201961$3.4bn
Q4 201830$1.6bn
Q3 201840$2.1bn
Q2 201833$2.1bn
Q1 201822$1.8bn
Q4 201730$2.0bn
Q3 201737$2.2bn
Q2 201734$1.9bn
Q1 201747$1.5bn
Q4 201632$1.0bn
Q3 201641$1.1bn
Q2 201631$871m
Q1 201632$1.1bn
Q4 201512$685m
Q3 201518$868m
Q2 201529$1.5bn
Q1 201528$787m
Q4 201435$1.0bn
Q3 201436$815m
Q2 201446$1.4bn
Q1 201421$886m
Q4 201342$1.5bn
Q3 201328$846m
Q2 201317$674m

Where Duquesne Family Office LLC was early

92 rows
DXJ WisdomTree Jpn Hdgd Eq FndQ3 20131 of 550.6%1.0%2Exited by Q1 2014+6.1%
XLB Mat's Select Sctr SPDR TrustQ3 20132 of 1000.6%1.1%3Exited by Q3 2014+18%
WEN Wendys CoQ3 20133 of 1272.0%2.0%4Exited by Q4 2020+163%
XLI Select Sector Spdr TrQ3 20133 of 1251.2%5.0%5Exited by Q4 2020+66%
LNG Cheniere Energy IncQ3 20134 of 1901.2%2.5%6Exited by Q3 2019+100%
AMGN Amgen IncQ3 20135 of 1663.1%3.1%3Exited by Q4 2014+26%
XLY Cons Disc Sel Sctr SPDR FndQ3 20135 of 921.2%1.2%2Exited by Q1 2014+10%
ILMN Illumina IncQ3 20136 of 2154.8%9.7%15Exited by Q3 2025+21%
SLB Schlumberger Ltd.Q3 20137 of 21110.4%10.4%2Exited by Q1 2014+2.0%
HAL Halliburton CoQ3 201310 of 1823.6%11.3%7Exited by Q2 2017+2.2%
AMZN Amazon Com IncQ3 201313 of 3785.8%18.7%38Held at last filing, Q2 2026+1425%
AZN Astrazeneca PLCQ4 20132 of 1531.4%2.6%3Exited by Q3 2014+25%
XLV Hlth Care Slct Sctr SPDRQ4 20133 of 1370.7%1.4%4Exited by Q4 2014+15%
AA Alcoa CorpQ4 20136 of 1852.8%7.9%14Held at last filing, Q2 2026+104%
EQT Eqt CorpQ4 20137 of 2311.7%1.9%11Exited by Q4 2025+11%
VLO Valero Energy CorporationQ4 20137 of 1921.9%1.9%2Exited by Q3 2014−0.6%
DISH Dish Network CorporationQ4 20139 of 1382.0%2.0%13Exited by Q1 2023−76%
MPC Marathon Pete CorpQ4 20139 of 1941.9%1.9%7Exited by Q1 2020+31%
ADBE Adobe IncQ4 201311 of 2751.3%7.2%14Exited by Q4 2024+765%
TEVA Teva Pharmaceutical Inds LtdQ4 201318 of 1823.3%8.5%12Held at last filing, Q2 2026−15%
CCJ Cameco CorpQ1 20141 of 1823.7%3.7%8Exited by Q2 2024+89%
NXPI Nxp Semiconductors N VQ1 20149 of 2281.2%1.5%4Exited by Q1 2020+116%
SNDK Sandisk CorpQ1 201410 of 2331.2%2.5%5Held at last filing, Q2 2026–
MSFT Microsoft CorpQ1 201437 of 3748.0%28.8%37Exited by Q3 2025+1113%
CELG Celgene CorpQ2 20147 of 1341.7%6.5%6Exited by Q4 2017+70%
EOG Eog Res IncQ2 201410 of 1592.4%6.5%7Exited by Q1 2018−7.7%
META Meta Platforms IncQ2 201429 of 3844.6%42.4%31Exited by Q4 2025+991%
HDB Hdfc Bank LtdQ3 20142 of 1281.7%7.5%14Exited by Q1 2020+172%
WSM Williams-Sonoma IncQ3 20143 of 1431.8%2.6%2Exited by Q1 2015+14%
KSS Kohls CorpQ3 20146 of 1662.4%2.4%3Exited by Q1 2019+8.7%
AEO Amer Eagle Outfitters IncQ3 20147 of 1511.8%1.9%2Exited by Q1 2015−4.4%
COST Costco Wholesale CorpQ3 20147 of 1772.4%4.0%2Exited by Q1 2015+13%
WOO Foot Locker IncQ3 20147 of 1601.2%1.2%2Exited by Q1 2015+0.9%
M Macy's, IncQ3 20148 of 1771.8%1.8%2Exited by Q1 2015+13%
YPF Ypf Sociedad AnonimaQ3 201410 of 1011.4%5.1%12Held at last filing, Q2 2026+23%
HD Home Depot IncQ3 201414 of 2122.5%5.4%11Exited by Q3 2020+173%
TGT Target CorpQ3 201415 of 1912.4%5.7%2Exited by Q1 2015+21%
LOW Lowe's Companies IncQ3 201416 of 2092.4%4.5%2Exited by Q1 2015+30%
MRK Merck & Co IncQ3 201419 of 1952.4%3.9%6Exited by Q3 2019+41%
BABA Alibaba Group Hldg LtdQ3 201434 of 3770.1%7.2%20Exited by Q4 2023−2.4%
INFY Infosys LtdQ4 20143 of 941.9%3.4%2Exited by Q2 2015+12%
MGNX Macrogenics IncQ4 20144 of 1041.6%1.9%2Exited by Q2 2015−11%
NKTR Nektar TherapeuticsQ4 20148 of 1451.0%7.0%12Exited by Q4 2021+16%
CTSH Cognizant Tech Sol's CorpQ4 201412 of 1491.9%5.8%3Exited by Q3 2015+16%
WFC Wells Fargo Co NewQ4 201417 of 2122.4%7.0%8Exited by Q1 2025+28%
AKAM Akamai Tech IncQ1 20158 of 2113.2%3.2%2Exited by Q3 2015−1.7%
EXPE Expedia Group IncQ1 20158 of 2341.9%4.9%12Exited by Q2 2022+108%
PNC Pnc Finl Svcs Group IncQ2 201512 of 1531.3%5.3%5Exited by Q2 2022+93%
FCX Freeport-Mcmoran IncQ2 201514 of 2234.5%11.0%26Exited by Q3 2025+133%
CCL Carnival CorpQ3 201519 of 2112.2%2.2%4Exited by Q1 2021−56%

Concentration and tenure

14.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
62.9%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters