D
Duquesne Family Office
Q3 2025 · CIK 0001536411
Portfolio — Q3 2025
Reported Book
$4.1B
13F value · -0% QoQ
Positions
65
-4 vs Q2 2025
Top 10
53.9%
of reported book
In Dimetrics Coverage
14.7%
of reported book
Reported book is the value of 13F-reportable US positions as filed — not the manager's total assets under management, which include cash, debt, non-US and private holdings.
Book structure
Long 96.8%
Long $3.9B· 62 lines
Calls $130.7M· 3 lines
Reported book structure — not net exposure. 13F reports options at the notional value of the underlying, with no strike, expiry, or premium. Delta is unknowable. This describes what was filed.
Reported book by group
PutsLongCallsNotes
Lithography & Fab Tools
5.3%
$213.7M
Hyperscalers
4.4%
$176.7M
Appalachian Gas Molecules
1.2%
$48.7M
AI Grid & Power Equipment
1.2%
$47.5M
AI Merchant Power
1.1%
$45.8M
Custom Silicon
0.6%
$23.8M
Storage
0.5%
$20.3M
Memory
0.5%
$18.7M
Filed value by group, split by line type. Option lines are shown at the notional value of the underlying — a put bar is not exposure to that group, it is a position filed against it.
Holdings — 65 positions
| Ticker | Security | Line | Value | Weight | Group | Coverage |
|---|---|---|---|---|---|---|
| NTRA | Natera Inc | Long | $517.4M | 12.74% | — | Outside |
| INSM | Insmed Inc | Long | $349.0M | 8.59% | — | Outside |
| TEVA | Teva Pharmaceutical Inds Ltd | Long | $335.2M | 8.25% | — | Outside |
| TSM | Taiwan Semiconductor Mfg Ltd | Long | $213.7M | 5.26% | Lithography & Fab Tools | Covered |
| WWD | Woodward Inc | Long | $160.0M | 3.94% | — | Outside |
| CPNG | Coupang Inc | Long | $149.2M | 3.67% | — | Outside |
| MELI | Mercadolibre Inc | Long | $136.3M | 3.36% | — | Outside |
| DOCU | Docusign Inc | Long | $121.5M | 2.99% | — | Outside |
| — | Verona Pharma Plc | Long | $106.9M | 2.63% | — | Outside |
| EEM | Ishares Tr | Long | $101.5M | 2.50% | — | Outside |
| AMZN | Amazon Com Inc | Long | $96.0M | 2.36% | Hyperscalers | Covered |
| ROKU | Roku Inc | Long | $82.3M | 2.03% | — | Outside |
| FIGR | Figure Technology Solutio | Long | $77.0M | 1.90% | — | Outside |
| QSR | Restaurant Brands Intl Inc | Long | $72.6M | 1.79% | — | Outside |
| STUB | Stubhub Hldgs Inc | Long | $71.7M | 1.77% | — | Outside |
| WAB | Wabtec | Long | $60.6M | 1.49% | — | Outside |
| SPY | Spdr S&P 500 Etf Tr | Call | $60.0M | 1.48% | — | Outside |
| META | Meta Platforms Inc | Long | $55.9M | 1.38% | Hyperscalers | Covered |
| NAMS | Newamsterdam Pharma Company | Long | $54.7M | 1.35% | — | Outside |
| IWM | Ishares Tr | Call | $54.7M | 1.35% | — | Outside |
| CRS | Carpenter Technology Corp | Long | $54.0M | 1.33% | — | Outside |
| C | Citigroup Inc | Long | $52.3M | 1.29% | — | Outside |
| TWLO | Twilio Inc | Long | $51.3M | 1.26% | — | Outside |
| BAC | Bank America Corp | Long | $51.0M | 1.26% | — | Outside |
| SE | Sea Ltd | Long | $49.0M | 1.21% | — | Outside |
| EQT | Eqt Corp | Long | $48.7M | 1.20% | Appalachian Gas Molecules | Covered |
| GEV | Ge Vernova Inc | Long | $47.5M | 1.17% | AI Grid & Power Equipment | Covered |
| CRH | Crh Plc | Long | $47.2M | 1.16% | — | Outside |
| VST | Vistra Corp | Long | $45.8M | 1.13% | AI Merchant Power | Covered |
| U | Unity Software Inc | Long | $35.3M | 0.87% | — | Outside |
| LEN | Lennar Corp | Long | $35.2M | 0.87% | — | Outside |
| DHI | D R Horton Inc | Long | $34.8M | 0.86% | — | Outside |
| CLF | Cleveland-Cliffs Inc New | Long | $33.1M | 0.82% | — | Outside |
| TBBB | Bbb Foods Inc | Long | $31.9M | 0.79% | — | Outside |
| PCT | Purecycle Technologies Inc | Long | $30.3M | 0.75% | — | Outside |
| FWONK | Liberty Media Corp Del | Long | $30.1M | 0.74% | — | Outside |
| DAKT | Daktronics Inc | Long | $30.1M | 0.74% | — | Outside |
| DKS | Dicks Sporting Goods Inc | Long | $29.4M | 0.72% | — | Outside |
| FLUT | Flutter Entmt Plc | Long | $29.3M | 0.72% | — | Outside |
| KBE | Spdr Series Trust | Long | $28.6M | 0.71% | — | Outside |
| OPCH | Option Care Health Inc | Long | $27.1M | 0.67% | — | Outside |
| AEVA | Aeva Technologies Inc | Long | $26.7M | 0.66% | — | Outside |
| PCG | Pg&E Corp | Long | $24.9M | 0.61% | — | Outside |
| GOOGL | Alphabet Inc | Long | $24.8M | 0.61% | Hyperscalers | Covered |
| ARM | Arm Holdings Plc | Long | $23.8M | 0.58% | Custom Silicon | Covered |
| NU | Nu Hldgs Ltd | Long | $23.3M | 0.57% | — | Outside |
| SMTC | Semtech Corp | Long | $21.5M | 0.53% | — | Outside |
| STX | Seagate Technology Hldngs Pl | Long | $20.3M | 0.50% | Storage | Covered |
| GPC | Genuine Parts Co | Long | $20.0M | 0.49% | — | Outside |
| ELVN | Enliven Therapeutics Inc | Long | $19.4M | 0.48% | — | Outside |
| POST | Post Hldgs Inc | Long | $19.0M | 0.47% | — | Outside |
| SNDK | Sandisk Corp | Long | $18.7M | 0.46% | Memory | Covered |
| SYF | Synchrony Financial | Long | $18.6M | 0.46% | — | Outside |
| ARGT | Global X Fds | Long | $17.7M | 0.44% | — | Outside |
| NTRA | Natera Inc | Call | $16.1M | 0.40% | — | Outside |
| COGT | Cogent Biosciences Inc | Long | $15.2M | 0.37% | — | Outside |
| PTGX | Protagonist Therapeutics Inc | Long | $10.6M | 0.26% | — | Outside |
| COF | Capital One Finl Corp | Long | $9.3M | 0.23% | — | Outside |
| CMG | Chipotle Mexican Grill Inc | Long | $9.1M | 0.22% | — | Outside |
| SEI | Solaris Energy Infras Inc | Long | $5.8M | 0.14% | — | Outside |
| MDB | Mongodb Inc | Long | $5.5M | 0.14% | — | Outside |
| TXRH | Texas Roadhouse Inc | Long | $5.0M | 0.12% | — | Outside |
| ECHO | Echostar Corp | Long | $4.6M | 0.11% | — | Outside |
| YPF | Ypf Sociedad Anonima | Long | $2.8M | 0.07% | — | Outside |
| CHYM | Chime Finl Inc | Long | $872.0K | 0.02% | — | Outside |
Shares and value as filed. Positions held with shared investment discretion are reported in full by each manager, so a filer's book can overlap another's.