Duquesne Family Office LLC
Long book
$2.94B
Q1 2026
Positions
65
Top-10 weight
59%
concentration
Last quarter
+22.6%
SPY +14.8%
Turnover
60%
of book per quarter
Strategy in plain words
auto-generated from filingsDuquesne Family Office LLC is a high-conviction value investor, running a $2.94B US long book across 65 positions.
The portfolio is concentrated: the top 10 names carry 59% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NATERA INC, INSMED INC, TAIWAN SEMICONDUCTOR-SP ADR, YPF S.A.-SPONSORED ADR, ISHARES MSCI BRAZIL ETF.
Over the last 9 quarters its long book ran on average 5.3pp per quarter ahead of the S&P 500, beating the index in 8 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+10.5%
Q2 2024
+14.6%
Q3 2024
+6.5%
Q4 2024
-8.5%
Q1 2025
+20.1%
Q2 2025
+10.3%
Q3 2025
+15.0%
Q4 2025
-3.3%
Q1 2026
+22.6%
Sector allocation
Healthcare 50%
Technology 15%
Industrials 13%
Consumer discretionary 9%
Communications 4%
Materials 3%
Financials 3%
Other 2%
Long book by quarter
What does Duquesne Family own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NTRA NATERA INC | Healthcare | 3.1M | $612.7M | 20.9% | +22.0% |
| INSM INSMED INC | Healthcare | 1.2M | $188.7M | 6.4% | -22.1% |
| TBBB BBB FOODS INC-CLASS A | Consumer discretionary | 3.1M | $110.0M | 3.7% | +16.2% |
| AA ALCOA CORP | Industrials | 1.5M | $99.1M | 3.4% | +8.5% |
| NAMS NEWAMSTERDAM PHARMA CO NV | Healthcare | 3.1M | $98.3M | 3.3% | Held |
| STM STMICROELECTRONICS NV-NY SHS | Technology | 2.6M | $90.3M | 3.1% | +237.8% |
| WWD WOODWARD INC | Industrials | 211.4K | $75.6M | 2.6% | -64.2% |
| ROKU ROKU INC | Communications | 750.2K | $71.0M | 2.4% | +28.7% |
| AVGO BROADCOM INC | Technology | 196.0K | $60.6M | 2.1% | New |
| CPNG COUPANG INC | Consumer discretionary | 2.7M | $50.4M | 1.7% | -60.6% |
| OPCH OPTION CARE HEALTH INC | Healthcare | 1.9M | $50.3M | 1.7% | +7.0% |
| CRH CRH PLC | Industrials | 377.6K | $39.7M | 1.4% | -20.5% |
| FIGR FIGURE TECHNOLOGY SOLUT-CL A | Financials | 1.2M | $39.1M | 1.3% | -25.3% |
| CAI CARIS LIFE SCIENCES INC | Healthcare | 1.9M | $33.9M | 1.2% | New |
| QSR RESTAURANT BRANDS INTERN | Consumer discretionary | 454.4K | $33.6M | 1.1% | -62.4% |
| RVMD REVOLUTION MEDICINES INC | Healthcare | 315.9K | $30.7M | 1.0% | New |
| LSCC LATTICE SEMICONDUCTOR CORP | Technology | 323.1K | $30.0M | 1.0% | -65.1% |
| SNDK SANDISK CORP | Technology | 38.2K | $24.2M | 0.8% | New |
| UAL UNITED AIRLINES HOLDINGS INC | Industrials | 262.5K | $24.2M | 0.8% | -24.7% |
| HUM HUMANA INC | Financials | 137.5K | $23.8M | 0.8% | New |
| WAB WABTEC CORP | Industrials | 94.9K | $23.7M | 0.8% | -68.4% |
| TWLO TWILIO INC - A | Technology | 181.8K | $22.9M | 0.8% | New |
| JBL JABIL INC | Technology | 82.2K | $21.8M | 0.7% | New |
| SCCO SOUTHERN COPPER CORP | Materials | 121.8K | $21.0M | 0.7% | +0.8% |
| LIN LINDE PLC | Materials | 41.2K | $20.4M | 0.7% | New |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 50.7K | $19.9M | 0.7% | New |
| CLF CLEVELAND-CLIFFS INC | Materials | 2.3M | $19.5M | 0.7% | +32.5% |
| NUVB NUVATION BIO INC | Healthcare | 4.5M | $19.5M | 0.7% | New |
| BE BLOOM ENERGY CORP- A | Industrials | 136.3K | $18.5M | 0.6% | -81.6% |
| INTC INTEL CORP | Technology | 411.4K | $18.2M | 0.6% | New |
| PTGX PROTAGONIST THERAPEUTICS INC | Healthcare | 159.7K | $16.8M | 0.6% | Held |
| U UNITY SOFTWARE INC | Technology | 738.8K | $16.2M | 0.6% | +80.2% |
| OLMA OLEMA PHARMACEUTICALS INC | Healthcare | 986.8K | $14.7M | 0.5% | New |
| Q QNITY ELECTRONICS INC | Technology | 125.7K | $14.5M | 0.5% | New |
| ADMA ADMA BIOLOGICS INC | Healthcare | 1.5M | $13.9M | 0.5% | +512.9% |
| XENE XENON PHARMACEUTICALS INC | Healthcare | 238.6K | $13.9M | 0.5% | New |
| JBS JBS NV-A | Consumer staples | 655.9K | $11.8M | 0.4% | New |
| DAKT DAKTRONICS INC | Other | 562.6K | $11.0M | 0.4% | -34.0% |
| NET CLOUDFLARE INC - CLASS A | Technology | 52.5K | $10.8M | 0.4% | New |
| LYB LYONDELLBASELL INDU-CL A | Other | 131.4K | $10.6M | 0.4% | New |
| TWST TWIST BIOSCIENCE CORP | Healthcare | 206.0K | $9.8M | 0.3% | New |
| COHR COHERENT CORP | Other | 40.4K | $9.6M | 0.3% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 45.8K | $9.5M | 0.3% | -93.8% |
| CLS CELESTICA INC | Technology | 33.3K | $9.4M | 0.3% | New |
| STUB STUBHUB HOLDINGS INC-CLASS A | Services media | 1.4M | $8.5M | 0.3% | -40.7% |
| MU MICRON TECHNOLOGY INC | Technology | 23.4K | $7.9M | 0.3% | New |
| ECHO ECHOSTAR CORP-A | Communications | 60.8K | $7.1M | 0.2% | Held |
| ALM ALMONTY INDUSTRIES INC | Materials | 469.9K | $6.8M | 0.2% | Held |
| PCT PURECYCLE TECHNOLOGIES INC | Materials | 963.2K | $5.0M | 0.2% | -66.5% |
| LITE LUMENTUM HOLDINGS INC | Technology | 7.0K | $4.9M | 0.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 70 | $3.38B | $K fixed canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 62 | $4.49B | $K fixed canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 65 | $4.06B | $K fixed canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 15, 2025 | 69 | $4.07B | $K fixed canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 52 | $3.06B | $K fixed canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 78 | $3.72B | $K fixed canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 75 | $2.95B | $K fixed canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 64 | $2.92B | $K fixed canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 73 | $4.39B | $K fixed canonical | SEC ↗ |