Stanley Druckenmiller
Stanley Druckenmiller runs Duquesne, a family office overseeing $4.5M in disclosed equity holdings (SEC CIK 0001536411). The latest portfolio (2025Q4) discloses 58 positions across 9 sectors, with the largest positions in NTRA, XLF and INSM. On a mark-to-market basis the tracked portfolio has returned 210.5% since 2016Q1. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.
What Stanley is holding in options
Stanley Druckenmiller (Duquesne) disclosed 3 option positions for the 2024Q3 quarter — 2 long-calls and 1 long-put — totaling $99K of underlying-share notional value. The largest exposures are a call on PM, a call on G7997R103, a put on TPG. Notional values reflect the value of the underlying shares at the quarter-end snapshot, not the option premium paid.
Options & derivatives
3 positions · $99K notional2 CALL · $86K1 PUT · $13K| Type | Underlying | Shares | Notional | % of book |
|---|---|---|---|---|
| CALL | PMPHILIP MORRIS INTL INC | 472K | $57K | 1.9% |
| CALL | G7997R103SEAGATE TECHNOLOGY HLDNGS PL | 263K | $29K | 1.0% |
| PUT | TPGTPG INC | 218K | $13K | 0.4% |
Notional = value of the underlying shares at the quarter-end snapshot, not the option premium paid. A long PUT is a bearish bet on the underlying; a long CALL is a bullish bet. The reported value is included in the portfolio total but does not reflect actual capital at risk.