Investor: Stanley Druckenmiller
Number of Assets: 52
Reported Holdings: $3,060,048,000
Reporting Period: Q1 - 2025
Return Since Report: +$443,399,472
Return Since Report: +14.49%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Amazon.com Inc. (AMZN) | Equity | -58.35% | 136,765 | 0.85% | $190.26 | $205.71 | $26,021,000 | $28,133,928 | +$2,112,928 | +8.12% |
| Antero Resources Corp. (AR) | Equity | +100% | 258,400 | 0.34% | $40.44 | $38.36 | $10,450,000 | $9,912,224 | -$537,776 | -5.15% |
| Applovin Corp. (APP) | Equity | +100% | 40,200 | 0.35% | $264.98 | $398.51 | $10,652,000 | $16,020,102 | +$5,368,102 | +50.40% |
| Banco Macro S.A. (BMA) | Equity | -11.04% | 431,815 | 1.07% | $75.51 | $81.96 | $32,606,000 | $35,391,557 | +$2,785,557 | +8.54% |
| Bridgebio Pharma Inc. (BBIO) | Equity | +100% | 438,050 | 0.49% | $34.57 | $37.52 | $15,143,000 | $16,435,636 | +$1,292,636 | +8.54% |
| Brookfield Corp. (BN) | Equity | -48.23% | 315,925 | 0.54% | $52.39 | $58.19 | $16,551,000 | $18,383,676 | +$1,832,676 | +11.07% |
| Caesars Entertainment Inc. (CZR) | Equity | +100% | 1,548,420 | 1.27% | $25.00 | $26.47 | $38,711,000 | $40,986,677 | +$2,275,677 | +5.88% |
| Capital One Financial Corp. (COF) | Equity | +100% | 197,670 | 1.16% | $179.30 | $195.63 | $35,442,000 | $38,670,182 | +$3,228,182 | +9.11% |
| Ccc Intelligent Solutions Holdings Inc. (CCCS) | Equity | +100% | 5,595,039 | 1.65% | $9.03 | $8.81 | $50,523,000 | $49,292,294 | -$1,230,706 | -2.44% |
| Coherent Corp. (COHR) | Equity | -21.23% | 2,222,070 | 4.72% | $64.94 | $80.50 | $144,301,000 | $178,876,635 | +$34,575,635 | +23.96% |
| Coupang Inc. (CPNG) | Equity | +4.49% | 9,302,634 | 6.67% | $21.93 | $28.22 | $204,007,000 | $262,520,331 | +$58,513,331 | +28.68% |
| Delta Air Lines Inc. (DAL) | Equity | -57.79% | 345,135 | 0.49% | $43.60 | $48.83 | $15,048,000 | $16,852,942 | +$1,804,942 | +11.99% |
| Delta Air Lines Inc. (DAL) | Call | 0% | 949,500 | 1.35% | $43.60 | N/A | $41,398,000 | N/A | N/A | N/A |
| Flex Ltd. (FLEX) | Equity | 0% | 348,900 | 0.38% | $33.08 | $43.22 | $11,542,000 | $15,079,458 | +$3,537,458 | +30.65% |
| Flutter Entertainment PLC (FLUT) | Equity | +1985.50% | 377,475 | 2.73% | $221.38 | $246.57 | $83,566,000 | $93,074,011 | +$9,508,011 | +11.38% |
| Global X MSCI Argentina ETF (ARGT) | Equity | -19.13% | 443,800 | 1.17% | $80.77 | $90.26 | $35,846,000 | $40,057,388 | +$4,211,388 | +11.75% |
| Impinj Inc. (PI) | Equity | +100% | 108,475 | 0.32% | $90.70 | $120.33 | $9,839,000 | $13,052,797 | +$3,213,797 | +32.66% |
| Invivyd Inc. (IVVD) | Equity | 0% | 571,425 | 0.01% | $0.61 | $0.97 | $346,000 | $551,997 | +$205,997 | +59.54% |
| Joby Aviation Inc. (JOBY) | Equity | 0% | 31,489 | 0.01% | $6.03 | $8.03 | $190,000 | $252,857 | +$62,857 | +33.08% |
| Kinder Morgan Inc. (KMI) | Equity | -25.67% | 1,654,115 | 1.54% | $28.53 | $28.56 | $47,192,000 | $47,241,524 | +$49,524 | +0.10% |
| Mercadolibre Inc. (MELI) | Equity | 0% | 53,725 | 3.43% | $1,950.86 | $2,602.26 | $104,810,000 | $139,806,419 | +$34,996,419 | +33.39% |
| Newamsterdam Pharma Company N.V. (NAMS) | Equity | +178.35% | 800,360 | 0.54% | $20.47 | $18.69 | $16,383,000 | $14,958,728 | -$1,424,272 | -8.69% |
| Philip Morris International Inc. (PM) | Equity | -18.26% | 1,105,268 | 5.73% | $158.73 | $182.37 | $175,439,000 | $201,567,725 | +$26,128,725 | +14.89% |
| American Airlines Group Inc. (AAL) | Equity | -85.46% | 133,728 | 0.05% | $10.55 | $11.47 | $1,411,000 | $1,533,860 | +$122,860 | +8.71% |
| Ascendis Pharma A/S (ASND) | Equity | -40.11% | 158,720 | 0.81% | $155.86 | $174.40 | $24,738,000 | $27,680,768 | +$2,942,768 | +11.90% |
| Barclays PLC (BCS) | Equity | +19.78% | 3,817,305 | 1.92% | $15.36 | $17.99 | $58,634,000 | $68,673,317 | +$10,039,317 | +17.12% |
| Daktronics Inc. (DAKT) | Equity | +16.86% | 3,067,625 | 1.22% | $12.18 | $14.07 | $37,364,000 | $43,161,484 | +$5,797,484 | +15.52% |
| Docusign Inc. (DOCU) | Equity | +100% | 1,074,655 | 2.86% | $81.40 | $91.61 | $87,477,000 | $98,449,145 | +$10,972,145 | +12.54% |
| Eli Lilly And Company (LLY) | Equity | +52.48% | 94,830 | 2.56% | $825.91 | $750.78 | $78,321,000 | $71,196,467 | -$7,124,533 | -9.10% |
| Eqt Corp. (EQT) | Equity | +100% | 859,345 | 1.50% | $53.43 | $56.65 | $45,915,000 | $48,681,894 | +$2,766,894 | +6.03% |
| Expand Energy Corp. (EXE) | Equity | +100% | 97,700 | 0.36% | $111.32 | $118.22 | $10,876,000 | $11,550,094 | +$674,094 | +6.20% |
| Freeport-Mcmoran Inc. (FCX) | Equity | +34.15% | 1,018,105 | 1.26% | $37.86 | $40.24 | $38,545,000 | $40,968,545 | +$2,423,545 | +6.29% |
| Grupo Financiero Galicia S.A. (GGAL) | Equity | -14.97% | 381,481 | 0.68% | $54.47 | $56.60 | $20,779,000 | $21,591,825 | +$812,825 | +3.91% |
| Insmed Inc. (INSM) | Equity | +130.69% | 1,369,050 | 3.41% | $76.29 | $73.08 | $104,445,000 | $100,050,174 | -$4,394,826 | -4.21% |
| Natera Inc. (NTRA) | Equity | -4.61% | 3,402,330 | 15.72% | $141.41 | $160.15 | $481,123,000 | $544,883,150 | +$63,760,150 | +13.25% |
| Purecycle Technologies Inc. (PCT) | Equity | +111.29% | 3,364,842 | 0.76% | $6.92 | $9.86 | $23,285,000 | $33,177,342 | +$9,892,342 | +42.48% |
| Seagate Technology Holdings PLC (STX) | Equity | -85.97% | 219,477 | 0.61% | $84.95 | $123.23 | $18,645,000 | $27,046,151 | +$8,401,151 | +45.06% |
| Seagate Technology Holdings PLC (STX) | Call | -51.62% | 246,500 | 0.68% | $84.95 | N/A | $20,940,000 | N/A | N/A | N/A |
| United Airlines Holdings Inc. (UAL) | Equity | -64.68% | 368,685 | 0.83% | $69.05 | $81.08 | $25,458,000 | $29,892,980 | +$4,434,980 | +17.42% |
| United Airlines Holdings Inc. (UAL) | Call | 0% | 226,000 | 0.51% | $69.05 | N/A | $15,605,000 | N/A | N/A | N/A |
| Verona Pharma PLC (VRNA) | Equity | +12.90% | 1,002,080 | 2.08% | $63.49 | $84.81 | $63,622,000 | $84,986,405 | +$21,364,405 | +33.58% |
| Woodward Inc. (WWD) | Equity | -10.44% | 1,097,750 | 6.55% | $182.49 | $230.66 | $200,328,000 | $253,207,015 | +$52,879,015 | +26.40% |
| Roku Inc. (ROKU) | Equity | +100% | 493,600 | 1.14% | $70.44 | $72.97 | $34,769,000 | $36,017,992 | +$1,248,992 | +3.59% |
| Springworks Therapeutics Inc. (SWTX) | Equity | -28.35% | 615,929 | 0.89% | $44.13 | $46.75 | $27,181,000 | $28,794,681 | +$1,613,681 | +5.94% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | +456.93% | 598,780 | 3.25% | $166.00 | $197.61 | $99,397,000 | $118,324,916 | +$18,927,916 | +19.04% |
| Teck Resources Limited (TECK) | Equity | 0% | 431,545 | 0.51% | $36.43 | $37.06 | $15,721,000 | $15,993,058 | +$272,058 | +1.73% |
| Tesla Inc. (TSLA) | Equity | -50.00% | 18,838 | 0.16% | $259.16 | $344.27 | $4,882,000 | $6,485,358 | +$1,603,358 | +32.84% |
| Teva Pharmaceutical Industries Limited (TEVA) | Equity | +65.38% | 14,879,750 | 7.47% | $15.37 | $17.19 | $228,702,000 | $255,782,903 | +$27,080,903 | +11.84% |
| Twilio Inc. (TWLO) | Equity | +100% | 362,155 | 1.16% | $97.91 | $117.48 | $35,459,000 | $42,545,969 | +$7,086,969 | +19.99% |
| Ultragenyx Pharmaceutical Inc. (RARE) | Equity | 0% | 85,445 | 0.10% | $36.21 | $36.40 | $3,094,000 | $3,110,198 | +$16,198 | +0.52% |
| Westinghouse Air Brake Technologies Corp. (WAB) | Equity | +7.51% | 301,095 | 1.78% | $181.35 | $203.58 | $54,604,000 | $61,296,920 | +$6,692,920 | +12.26% |
| YPF Sociedad Anónima (YPF) | Equity | +22.97% | 2,075,390 | 2.38% | $35.04 | $35.32 | $72,722,000 | $73,302,775 | +$580,775 | +0.80% |