WhaleCreep

Duquesne Family Office LLC 13F holdings, Q4 2025

Family officeSEC filingsCompare with another fundHoldings as of 2025-12-31, filed 2026-02-17

Duquesne Family Office LLC disclosed 58 US equity positions worth $4.2bn in its Q4 2025 13F filing. Its largest position is NTRA at 13.6% of the reported book, followed by XLF and INSM. Versus Q3 2025 it opened 26 new positions, added to 13, reduced 16 and exited 30.

$4.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
58
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.6%
Largest position
The largest single position as a share of the reported equity book.
55.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
22
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 Q3 2025: 26 new, 13 added, 16 reduced, 30 exited

50 of 58
NTRA NATERA INCHealthcare13.6%$575m2.51m−22%reduced
XLF SELECT SECTOR SPDR TR–7.1%$301m5.50m–new
INSM INSMED INCHealthcare6.1%$258m1.48m−39%reduced
RSP INVESCO EXCHANGE TRADED FD T–5.3%$225m1.17m–new
TEVA TEVA PHARMACEUTICAL INDS LTDHealthcare4.3%$183m5.87m−65%reduced
WWD WOODWARD INCIndustrials4.2%$179m590,930−6.6%reduced
AMZN AMAZON COM INCConsumer Cyclical4.0%$170m737,940+69%added
TSM TAIWAN SEMICONDUCTOR MANUFACTechnology3.9%$165m543,085−29%reduced
CPNG COUPANG INCConsumer Cyclical3.8%$160m6.77m+46%added
GOOGL ALPHABET INCCommunication Services2.9%$121m385,000+277%added
SE SEA LTDConsumer Cyclical2.9%$120m944,120+244%added
EWZ ISHARES INC–2.7%$113m3.55m–new
NEWAMSTERDAM PHARMA COMPANY no ticker–2.6%$108m3.07m+60%added
MELI MERCADOLIBREConsumer Cyclical2.3%$95.0m47,149−19%reduced
TBBB BBB FOODS INCConsumer Defensive2.1%$89.3m2.68m+126%added
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical2.0%$82.5m1.21m+6.9%added
COGT COGENT BIOSCIENCES INCHealthcare1.9%$78.7m2.21m+109%added
AA ALCOA CORPBasic Materials1.7%$73.1m1.38m–new
ENTG ENTEGRIS INCTechnology1.7%$71.1m844,160–new
DOCU DOCUSIGN INCTechnology1.7%$69.7m1.02m−40%reduced
LSCC LATTICE SEMICONDUCTOR CORPTechnology1.6%$68.1m925,970–new
BE BLOOM ENERGY CORPIndustrials1.5%$64.3m740,545–new
WAB WABTECIndustrials1.5%$64.1m300,110−0.8%reduced
ROKU ROKU INCCommunication Services1.5%$63.2m582,980−29%reduced
FIGR FIGURE TECHNOLOGY SOLUTIOFinancial Services1.5%$62.9m1.54m−27%reduced
CRH CRH PLCBasic Materials1.4%$59.3m474,955+21%added
OPCH OPTION CARE HEALTH INCHealthcare1.3%$55.6m1.75m+79%added
EEM ISHARES TR–1.2%$49.4m902,500−53%reduced
DAL DELTA AIR LINES INCIndustrials1.1%$45.2m650,910–new
UAL UNITED AIRLINES HLDGS INCIndustrials0.9%$39.0m348,400–new
STUB STUBHUB HLDGS INCCommunication Services0.7%$31.2m2.31m−46%reduced
ON ON SEMICONDUCTOR CORPTechnology0.7%$29.0m536,260–new
FLUTTER ENTMT PLC no ticker–0.6%$24.8m115,2450.0%held
PCT PURECYCLE TECHNOLOGIES INCIndustrials0.6%$24.7m2.88m+25%added
AEVA AEVA TECHNOLOGIES INCTechnology0.6%$24.2m1.82m−0.8%reduced
GS GOLDMAN SACHS GROUP INCFinancial Services0.6%$24.2m27,500–new
CLF CLEVELAND CLIFFS INCBasic Materials0.5%$23.2m1.75m−36%reduced
YPF YPF SOCIEDAD ANONIMAEnergy0.5%$21.9m606,990+429%added
STM STMICROELECTRONICS N VTechnology0.5%$20.1m773,555–new
U UNITY SOFTWARE INCTechnology0.4%$18.1m410,020−54%reduced
SCCO SOUTHERN COPPER CORPBasic Materials0.4%$17.3m120,817–new
DAKT DAKTRONICS INCTechnology0.4%$16.9m852,960−41%reduced
RH RHConsumer Cyclical0.4%$15.8m88,200–new
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.3%$14.5m391,930+68%added
PTGX PROTAGONIST THERAPEUTICS INCHealthcare0.3%$13.9m159,7000.0%held
Z ZILLOW GROUP INCCommunication Services0.3%$13.1m192,640–new
CDTX CIDARA THERAPEUTICS INC–0.3%$10.9m49,495–new
PM PHILIP MORRIS INTL INCConsumer Defensive0.3%$10.8m67,400–new
AAL AMERICAN AIRLINES GROUP INCIndustrials0.2%$9.8m639,785–new
AGX ARGAN INCIndustrials0.2%$9.4m30,000–new

Exited since Q3 2025

30 rows
VRNA VERONA PHARMA PLC2.7%$107m
META META PLATFORMS INC1.4%$55.9m
CRS CARPENTER TECHNOLOGY CORP1.4%$54.0m
C CITIGROUP INC1.3%$52.3m
TWLO TWILIO INC1.3%$51.3m
BAC BANK OF AMER CORP1.3%$51.0m
EQT EQT CORPORATION1.2%$48.7m
GEV GE VERNOVA LLC1.2%$47.5m
VST VISTRA CORP1.2%$45.8m
LEN LENNAR CORP0.9%$35.2m
DHI D R HORTON INC0.9%$34.8m
LLYVK LIBERTY MEDIA CORP DEL0.8%$30.1m
DKS DICKS SPORTING GOODS INC0.7%$29.4m
KBE SPDR SERIES TRUST0.7%$28.6m
PCG PG&E CORP0.6%$24.9m
ARM ARM HOLDINGS PLC0.6%$23.8m
NU NU HLDGS LTD0.6%$23.3m
SMTC SEMTECH CORP0.5%$21.5m
STX SEAGATE TECHNOLOGY HLDNGS PL0.5%$20.3m
GPC GENUINE PARTS CO0.5%$20.0m
ELVN ENLIVEN THERAPEUTICS INC0.5%$19.4m
POST POST HLDGS INC0.5%$19.0m
SNDK SANDISK CORP0.5%$18.7m
SYF SYNCHRONY FINANCIAL0.5%$18.6m
ARGT GLOBAL X FDS0.5%$17.7m
COF CAPITAL ONE FINL CORP0.2%$9.3m
SEI SOLARIS ENERGY INFRAS INC0.1%$5.8m
MDB MONGODB INC0.1%$5.5m
TXRH TEXAS ROADHOUSE INC0.1%$5.0m
CHYM CHIME FINL INC0.02%$872k

Sector mix

  • Healthcare28.0%
  • Unclassified19.7%
  • Consumer Cyclical15.8%
  • Technology11.5%
  • Industrials10.3%
  • Communication Services5.6%
  • Basic Materials4.2%
  • Consumer Defensive2.4%
  • Financial Services2.1%
  • Energy0.5%

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