德

德鲁肯米勒

Stanley Druckenmiller

Duquesne Family Office宏观择时$3B

季度

曾为索罗斯管理量子基金的传奇交易员。以宏观择时和集中下注闻名，年化收益超30%。

持仓数量 Holdings

116

管理规模 AUM

$3B

做多 Long

做空/对冲 Short

组合收益 Portfolio Returns

组合收益率 Portfolio Returns

近1月 1M

-1.5%

近3月 3M

-0.3%

近6月 6M

+3.4%

近1年 1Y

+26.9%

近3年 3Y

+86.1%

近5年 5Y

+25.9%

加权回报 Weighted Return

+0.7%

胜率 Win Rate

64%

54W / 30L

盈亏比 P/L Ratio

3.0x

+1% / -0%

最大赢家 Best Pick

SNDK

+8.3%

最大输家 Worst Pick

WVE

-0.6%

Top5 集中度 Concentration

39%

组合收益说明 Portfolio Return Methodology: 收益涨幅基于假设虚拟净值计算。收益涨幅 = (最新虚拟净值 - X周期前虚拟净值) / X周期前虚拟净值 × 100%。组合虚拟净值 = 成份标的的虚拟持仓净值之和。成份标的虚拟持仓净值 = 成份标的持有份额 × 前复权收盘价格。加权回报率基于 SEC 13F 披露的加权平均成本价 vs 当前市价，按持仓占比加权。数据每个交易日盘后更新。组合调仓（季度 13F 披露）时重新计算份额。收益涨幅仅供参考，不代表对未来收益的预测与保证，也不构成任何投资建议。

🏆 最赚钱持仓 Top Winners

🟢

SNDKSandisk Corporation Share1.8%

avg$167.81→$1788.00+834.9%$79.4M

2026-03-31(6月)加仓Technology

🟢

NTRANATERAShare20.0%

avg$121.73→$369.39+167.0%$864.9M

2022-09-30(4.0年)持平Healthcare

🟢

WWDWOODWARDShare0.7%

avg$150.45→$373.67+139.2%$28.6M

2023-12-31(2.7年)减仓Industrials

🟢

TXG10X GENOMICSShare0.4%

avg$26.61→$67.00+133.7%$15.5M

2026-06-30(3月)持平Healthcare

🟢

PTGXPROTAGONIST THERAPEUTICSShare0.6%

avg$68.86→$105.40+125.0%$25.6M

2025-09-30(12月)加仓Healthcare

🔔 重要信号 Key Signals2026年第2季度

NEW

CDW Call$140MNEW

GOOGL$120MNEW

FOXA$115MNEW

BTDR$65MNEW

DAL$56MNEW

TSLA Call$53MNEW

FLR$51MNEW

DHI$49MNEW

AMD$42MNEW

PANW$40MNEW

HUT$36MNEW

FOX$30MNEW

META Call$28MNEW

CVCO$24MNEW

PURR$23MNEW

RMBS$23MNEW

RYTM$23MNEW

SKY$22MNEW

ENTG$21MNEW

AEVA$21MNEW

RIOT$21MNEW

EQIX$19MNEW

LRCX$19MNEW

DFTX$17MNEW

TXG$15MNEW

LLY$15MNEW

RGEN$11MNEW

RKT$10MNEW

BIDU$10MNEW

CVNA$10MNEW

RDDT$10MNEW

TMO$10MNEW

DHR$10MNEW

FFIV$9MNEW

SKE$8MNEW

GLUE$7MNEW

RLAY$7MNEW

CCC$6MNEW

UWMC$6MNEW

NVTS$6MNEW

FTAI$5MNEW

BEAM$5MNEW

AUR$4MNEW

IREN$4MNEW

GGAL$3M-15%

ARGT-68%

WWD-75%

ROKU-74%

TEVA-40%

WAB-74%

ARM-88%

AACLOSED

TWLOCLOSED

JBLCLOSED

GSGCLOSED

BECLOSED

NETCLOSED

LYBCLOSED

TWSTCLOSED

COHRCLOSED

CLSCLOSED

STUBCLOSED

MUCLOSED

SATSCLOSED

ALMCLOSED

LITECLOSED

MELICLOSED

INTCCLOSED

WLKCLOSED

AVGOCLOSED

OPCHCLOSED

FIGRCLOSED

QSRCLOSED

LSCCCLOSED

HUM

持仓分布 Portfolio Allocation2026年第2季度

116持仓数 Holdings

NTRA20.0%

TSM6.5%

STM5.4%

INSM3.5%

YPF3.3%

AMZN3.0%

TBBB2.8%

GOOGL2.8%

其他 Other52.8%

管理规模 AUM

$3B

近1年 1Y Return

+26.9%

胜率 Win Rate

64%

Top5 集中度

39%

完整持仓 Full Holdings

共 116 个持仓，此处按组合权重显示前 94 个Showing top 94 of 116 by weight

#	方向	股票 Ticker	类型 Type	买入均价	当前价	收益率	占比 %	趋势 Trend	行业 Sector
1	🟢	NTRA NATERA	Share	$121.73	$369.39	+167.0%	20.0%	持平	Healthcare
2	🟢	TSM TAIWAN SEMICONDUCTOR	Share	$224.26	$412.09	+83.8%	6.5%	加仓	Technology
3	🟢	STM STMICROELECTRONICS NV	Share	$34.61	$50.41	+45.7%	5.4%	加仓	Technology
4	🟢	INSM INSMED	Share	$88.31	$124.11	+48.0%	3.5%	加仓	Healthcare
5	🟢	YPF YPF SOCIEDAD ANONIMA	Share	$36.94	$50.06	+35.5%	3.3%	加仓	Energy
6	🟢	AMZN AMAZON	Share	$238.18	$265.84	+11.6%	3.0%	加仓	Consumer Cyclical
7	🟢	TBBB BBB FOODS INC	Share	$29.28	$49.52	+69.1%	2.8%	加仓	Consumer Defensive
8	🟢	GOOGL ALPHABET	Share	$358.05	$350.23	-3.7%	2.8%	加仓	Communication Services
9	🟢	EWZ ISHARES MSCI BRAZIL ETF	Share	$31.77	$37.50	+7.8%	2.7%	加仓	-
10	🟢	STX SEAGATE TECHNOLOGY HOLDINGS	Share	$607.53	$815.00	+37.0%	2.7%	减仓	Technology
11	🟢	FOXA FOX	Share	$57.58	$67.96	+18.0%	2.6%	持平	Communication Services
12	🟢	UAL UNITED AIRLINES HOLDINGS	Share	$96.53	$106.05	+19.9%	2.5%	加仓	Industrials
13	🟢	SE SEA	Share	$122.01	$102.11	-2.4%	2.4%	加仓	Communication Services
14	🟢	CDW CDW	Share	$123.74	$146.19	+10.9%	2.4%	持平	Technology
15	🟢	NAMS NEWAMSTERDAM PHARMA CO NV	Share	$27.63	$21.20	+3.3%	2.4%	加仓	Healthcare
16	🟢	SNDK Sandisk Corporation	Share	$167.81	$1788.00	+834.9%	1.8%	加仓	Technology
17	🟢	RVMD REVOLUTION MEDICINES	Share	$113.00	$203.77	+90.0%	1.7%	加仓	Healthcare
18	🟢	BTDR BITDEER TECHNOLOGIES GROUP	Share	$14.99	$9.26	-35.8%	1.5%	持平	Technology
19	🟢	CRH CRH PUBLIC LTD	Share	$108.69	$95.00	-12.8%	1.4%	加仓	Basic Materials
20	🟢	DAL DELTA AIR LINES	Share	$74.66	$83.29	+11.6%	1.3%	加仓	Industrials
21	🟢	FLR FLUOR	Share	$48.42	$54.06	+11.6%	1.2%	持平	Industrials
22	🟢	DHI HORTON D R	Share	$149.21	$151.86	+1.8%	1.1%	加仓	Consumer Cyclical
23	🟢	CPNG COUPANG	Share	$25.84	$14.31	-35.5%	1.1%	减仓	Consumer Cyclical
24	🟢	AMD ADVANCED MICRO DEVICES	Share	$393.09	$557.46	+18.7%	1.0%	持平	Technology
25	🟢	PANW PALO ALTO NETWORKS	Share	$229.02	$364.88	+57.1%	0.9%	加仓	Technology
26	🟢	CLF CLEVELAND-CLIFFS	Share	$10.86	$11.17	+2.9%	0.9%	加仓	Basic Materials
27	🟢	HUT HUT 8 MINING	Share	$94.57	$82.08	-13.2%	0.8%	持平	Financial Services
28	🟢	CAI Caris Life Sciences	Share	$22.18	$22.76	+2.6%	0.8%	加仓	Healthcare
29	🟢	ARGT GLOBAL X MSCI ARGENTINA ETF	Share	$87.64	$91.41	+4.3%	0.7%	加仓	-
30	🟢	FOX FOX	Share	$52.70	$57.03	+14.6%	0.7%	持平	Communication Services
31	🟢	WWD WOODWARD	Share	$150.45	$373.67	+139.2%	0.7%	减仓	Industrials
32	🟢	NUVB NUVATION BIO	Share	$5.73	$7.26	+26.7%	0.6%	加仓	Healthcare
33	🟢	PTGX PROTAGONIST THERAPEUTICS	Share	$68.86	$105.40	+125.0%	0.6%	加仓	Healthcare
34	🟢	ROKU ROKU	Share	$74.56	$153.64	+110.3%	0.6%	减仓	Communication Services
35	🟢	CVCO CAVCO INDUSTRIES	Share	$525.40	$598.85	+14.0%	0.6%	持平	Consumer Cyclical
36	🟢	ADMA ADMA BIOLOGICS	Share	$11.72	$10.05	-14.2%	0.5%	加仓	Healthcare
37	🟢	PURR Hyperliquid Strategies	Share	$8.33	$9.39	+12.7%	0.5%	持平	Financial Services
38	🟢	RMBS RAMBUS	Share	$129.92	$90.85	-30.1%	0.5%	持平	Technology
39	🟢	RYTM RHYTHM PHARMACEUTICALS	Share	$91.86	$104.74	+26.0%	0.5%	持平	Healthcare
40	🟢	SKY SKYLINE CHAMPION	Share	$75.74	$92.99	+22.2%	0.5%	持平	Consumer Cyclical
41	🟢	DAKT DAKTRONICS	Share	$16.49	$19.50	+18.3%	0.5%	减仓	Technology
42	🟢	PCT PURECYCLE TECHNOLOGIES	Share	$9.27	$7.17	-22.7%	0.5%	加仓	Industrials
43	🟢	SCCO SOUTHERN COPPER	Share	$134.61	$194.68	+44.6%	0.5%	加仓	Basic Materials
44	🟢	LIN LINDE	Share	$471.68	$461.48	+2.0%	0.5%	加仓	Basic Materials
45	🟢	ENTG ENTEGRIS	Share	$146.05	$142.25	-1.2%	0.5%	减仓	Technology
46	🟢	TEVA TEVA PHARMACEUTICAL	Share	$17.49	$37.47	+114.2%	0.5%	减仓	Healthcare
47	🟢	U UNITY SOFTWARE	Share	$23.60	$43.16	+99.6%	0.5%	加仓	Technology
48	🟢	AEVA AEVA TECHNOLOGIES	Share	$20.81	$19.78	-4.9%	0.5%	加仓	Consumer Cyclical
49	🟢	RIOT RIOT PLATFORMS	Share	$21.92	$23.49	-11.6%	0.5%	持平	Technology
50	🟢	EQIX EQUINIX	Share	$1069.59	$1021.34	+0.7%	0.4%	持平	Real Estate
51	🟢	LRCX LAM RESEARCH	Share	$308.51	$287.50	-0.4%	0.4%	持平	Technology
52	🟢	DFTX Definium Therapeutics	Share	$29.28	$45.82	+56.5%	0.4%	持平	Healthcare
53	🟢	BLTE BELITE BIO	Share	$168.79	$168.55	-0.1%	0.4%	加仓	Healthcare
54	🟢	RSP GUGGENHEIM S&P 500(R) EQUAL WEIGHT ETF	Share	$204.25	$222.07	+8.7%	0.4%	减仓	-
55	🟢	TXG 10X GENOMICS	Share	$26.61	$67.00	+133.7%	0.4%	持平	Healthcare
56	🟢	WAB WESTINGHOUSE AIR BRAKE TECHNOLOGIES	Share	$195.28	$280.23	+49.6%	0.3%	减仓	Industrials
57	🟢	LLY ELI LILLY	Share	$1022.24	$1280.34	+25.2%	0.3%	减仓	Healthcare
58	🟢	XENE XENON PHARMACEUTICALS	Share	$50.43	$62.32	+23.6%	0.3%	加仓	Healthcare
59	🟢	OLMA OLEMA PHARMACEUTICALS	Share	$20.97	$11.31	-46.1%	0.3%	加仓	Healthcare
60	🟢	RGEN REPLIGEN	Share	$122.02	$168.53	+44.5%	0.2%	持平	Healthcare
61	🟢	RKT ROCKET COMPANIES	Share	$14.48	$12.59	+1.0%	0.2%	持平	Financial Services
62	🟢	BIDU BAIDU	Share	$126.11	$90.24	-26.4%	0.2%	持平	Communication Services
63	🟢	ARM ARM HOLDINGS PLC	Share	$123.97	$265.00	+101.1%	0.2%	减仓	Technology
64	🟢	CVNA CARVANA	Share	$70.94	$65.11	-0.7%	0.2%	持平	Consumer Cyclical
65	🟢	RDDT REDDIT INC	Share	$160.09	$153.25	-5.2%	0.2%	持平	Communication Services
66	🟢	AA ALCOA	Share	—	$51.54	—	0.2%	减仓	Basic Materials
67	🟢	TMO THERMO FISHER SCIENTIFIC	Share	$478.16	$613.78	+28.3%	0.2%	加仓	Healthcare
68	🟢	DHR DANAHER	Share	$181.15	$215.11	+16.8%	0.2%	加仓	Healthcare
69	🟢	FFIV F5	Share	$350.22	$382.63	+9.3%	0.2%	持平	Technology
70	🟢	VIST VISTA ENERGY SAB DE CV	Share	$60.84	$68.42	+12.5%	0.2%	加仓	Energy
71	🟢	SKE SKEENA RESOURCES	Share	$29.79	$34.13	+14.6%	0.2%	持平	Basic Materials
72	🟢	JBS JBS N.V.	Share	$15.54	$13.75	-11.5%	0.2%	加仓	Consumer Defensive
73	🟢	GLUE MONTE ROSA THERAPEUTICS	Share	$18.97	$15.77	-16.9%	0.2%	持平	Healthcare
74	🟢	RLAY RELAY THERAPEUTICS	Share	$14.42	$18.89	+43.8%	0.1%	持平	Healthcare
75	🟢	DBVT DBV TECHNOLOGIES SA	Share	$21.14	$14.78	-30.1%	0.1%	加仓	Healthcare
76	🟢	CCC CCC Intelligent Solutions	Share	$4.96	$7.44	+50.0%	0.1%	持平	Technology
77	🟢	UWMC UWM HOLDINGS	Share	$2.95	$1.49	-49.5%	0.1%	持平	Financial Services
78	🟢	NVTS NAVITAS SEMICONDUCTOR	Share	$20.10	$12.83	-36.2%	0.1%	持平	Technology
79	🟢	SOLS SOLSTICE ADVANCED MATERIALS INC	Share	$68.90	$57.34	-16.8%	0.1%	加仓	Basic Materials
80	🟢	FTAI FTAI AVIATION	Share	$249.19	$224.96	-15.4%	0.1%	持平	Industrials
81	🟢	BEAM BEAM THERAPEUTICS	Share	$30.24	$29.09	-3.9%	0.1%	持平	Healthcare
82	🟢	AUR AURORA INNOVATION	Share	$6.34	$6.20	-2.3%	0.1%	持平	Technology
83	🟢	IREN IRIS ENERGY	Share	$53.50	$46.61	-19.9%	0.1%	持平	Financial Services
84	🟢	GGAL GRUPO FINANCIERO GALICIA SA	Share	$47.47	$41.47	-12.6%	0.1%	减仓	Financial Services
85	🟢	WVE WAVE LIFE SCIENCES	Share	$14.03	$5.42	-61.4%	0.0%	加仓	Healthcare
86	🟢	RSP GUGGENHEIM S&P 500(R) EQUAL WEIGHT ETF	Call	—	$222.07	—	—	加仓	-
87	🟢	EWZ ISHARES MSCI BRAZIL ETF	Call	—	$37.50	—	—	加仓	-
88	🟢	INSM INSMED	Call	—	$124.11	—	—	加仓	Healthcare
89	🟢	AMZN AMAZON	Call	—	$265.84	—	—	加仓	Consumer Cyclical
90	🟢	IWM ISHARES RUSSELL 2000 ETF	Call	—	$301.72	—	—	加仓	-
91	🟢	SPY SPDR S&P 500 ETF	Call	—	$769.06	—	—	加仓	-
92	🟢	TSLA TESLA	Call	—	$351.12	—	—	持平	Consumer Cyclical
93	🟢	CDW CDW	Call	—	$146.19	—	—	持平	Technology
94	🟢	META META	Call	—	$546.03	—	—	持平	Communication Services

期权持仓说明：期权市值为名义敞口（合约数 × 100 × 标的价格），非实际投入资金，不参与投资组合占比计算。 Options value shown is notional exposure (contracts × 100 × underlying price), not actual capital invested.

持仓变动 Portfolio Changes2026年第2季度

股票 Ticker	类型 Type	股数变动 Share Change	变动比例 Change %	当前市值 Value	占比 Weight
NTRA	增仓 Added	+123K	+4.0%	$864.9M	20.0%
INSM	增仓 Added	+284K	+24.6%	$295.8M	3.5%
TSM	增仓 Added	+94K	+19.1%	$281.6M	6.5%
AMZN	增仓 Added	+498K	+1042.7%	$238.6M	3.0%
STM	增仓 Added	+490K	+18.8%	$232.4M	5.4%
RSP	增仓 Added	+74K	+906.2%	$190.5M	0.4%
YPF	减仓 Reduced	-97K	-3.0%	$142.7M	3.3%
CDW	建仓 New	+746K	New	$139.8M	2.4%
TBBB	减仓 Reduced	-207K	-6.7%	$120.9M	2.8%
GOOGL	建仓 New	+336K	New	$120.2M	2.8%
STX	增仓 Added	+71K	+140.6%	$117.7M	2.7%
FOXA	建仓 New	+2.2M	New	$115.0M	2.6%
UAL	增仓 Added	+532K	+202.8%	$108.1M	2.5%
IWM	增仓 Added	+3K	+317.7%	$99.1M	-
SNDK	减仓 Reduced	-3K	-8.5%	$79.4M	1.8%
RVMD	增仓 Added	+84K	+26.5%	$74.8M	1.7%
BTDR	建仓 New	+4.1M	New	$64.7M	1.5%
CRH	增仓 Added	+176K	+46.6%	$59.2M	1.4%
DAL	建仓 New	+603K	New	$56.5M	1.3%
TSLA	建仓 New	+1K	New	$53.0M	-
FLR	建仓 New	+982K	New	$51.5M	1.2%
DHI	建仓 New	+299K	New	$48.7M	1.1%
AMD	建仓 New	+73K	New	$42.3M	1.0%
PANW	建仓 New	+117K	New	$39.8M	0.9%
CLF	增仓 Added	+1.9M	+82.3%	$39.6M	0.9%
HUT	建仓 New	+314K	New	$36.3M	0.8%
ARGT	减仓 Reduced	-59K	-15.1%	$30.0M	0.7%
FOX	建仓 New	+633K	New	$29.6M	0.7%
WWD	减仓 Reduced	-144K	-68.2%	$28.6M	0.7%
META	建仓 New	+500	New	$28.2M	-
PTGX	增仓 Added	+49K	+30.8%	$25.6M	0.6%
ROKU	减仓 Reduced	-566K	-75.5%	$25.4M	0.6%
CVCO	建仓 New	+40K	New	$24.3M	0.6%
ADMA	增仓 Added	+1.2M	+80.1%	$23.3M	0.5%
PURR	建仓 New	+2.9M	New	$23.1M	0.5%
RMBS	建仓 New	+173K	New	$23.0M	0.5%
RYTM	建仓 New	+204K	New	$22.6M	0.5%
SKY	建仓 New	+254K	New	$22.4M	0.5%
DAKT	增仓 Added	+560K	+99.6%	$22.0M	0.5%
PCT	增仓 Added	+1.7M	+178.4%	$21.7M	0.5%
SCCO	减仓 Reduced	-1	0.0%	$21.4M	0.5%
ENTG	建仓 New	+118K	New	$21.3M	0.5%
TEVA	减仓 Reduced	-1.8M	-73.7%	$21.2M	0.5%
AEVA	建仓 New	+720K	New	$20.7M	0.5%
RIOT	建仓 New	+755K	New	$20.7M	0.5%
EQIX	建仓 New	+18K	New	$19.2M	0.4%
LRCX	建仓 New	+44K	New	$18.9M	0.4%
DFTX	建仓 New	+357K	New	$16.8M	0.4%
TXG	建仓 New	+403K	New	$15.5M	0.4%
WAB	减仓 Reduced	-38K	-40.4%	$15.3M	0.3%
LLY	建仓 New	+12K	New	$14.8M	0.3%
RGEN	建仓 New	+77K	New	$10.6M	0.2%
RKT	建仓 New	+652K	New	$10.3M	0.2%
BIDU	建仓 New	+88K	New	$10.1M	0.2%
ARM	减仓 Reduced	-79K	-73.7%	$10.0M	0.2%
CVNA	建仓 New	+151K	New	$9.9M	0.2%
RDDT	建仓 New	+57K	New	$9.8M	0.2%
AA	减仓 Reduced	-1.3M	-87.6%	$9.7M	0.2%
TMO	建仓 New	+19K	New	$9.6M	0.2%
DHR	建仓 New	+50K	New	$9.6M	0.2%
FFIV	建仓 New	+22K	New	$9.2M	0.2%
SKE	建仓 New	+300K	New	$8.0M	0.2%
GLUE	建仓 New	+298K	New	$7.2M	0.2%
RLAY	建仓 New	+349K	New	$6.5M	0.1%
CCC	建仓 New	+1.2M	New	$6.0M	0.1%
UWMC	建仓 New	+2.6M	New	$5.9M	0.1%
NVTS	建仓 New	+311K	New	$5.6M	0.1%
FTAI	建仓 New	+20K	New	$5.5M	0.1%
BEAM	建仓 New	+154K	New	$5.3M	0.1%
AUR	建仓 New	+634K	New	$4.3M	0.1%
IREN	建仓 New	+87K	New	$4.0M	0.1%
GGAL	建仓 New	+60K	New	$3.0M	0.1%
TWLO	清仓 Closed	-182K	Closed	-	-
JBL	清仓 Closed	-82K	Closed	-	-
GSG	清仓 Closed	-643K	Closed	-	-
BE	清仓 Closed	-136K	Closed	-	-
NET	清仓 Closed	-53K	Closed	-	-
LYB	清仓 Closed	-131K	Closed	-	-
TWST	清仓 Closed	-206K	Closed	-	-
COHR	清仓 Closed	-40K	Closed	-	-
CLS	清仓 Closed	-33K	Closed	-	-
STUB	清仓 Closed	-1.4M	Closed	-	-
MU	清仓 Closed	-23K	Closed	-	-
SATS	清仓 Closed	-61K	Closed	-	-
ALM	清仓 Closed	-470K	Closed	-	-
LITE	清仓 Closed	-7K	Closed	-	-
MELI	清仓 Closed	-3K	Closed	-	-
INTC	清仓 Closed	-411K	Closed	-	-
WLK	清仓 Closed	-21K	Closed	-	-
AVGO	清仓 Closed	-196K	Closed	-	-
OPCH	清仓 Closed	-1.9M	Closed	-	-
FIGR	清仓 Closed	-1.2M	Closed	-	-
QSR	清仓 Closed	-454K	Closed	-	-
LSCC	清仓 Closed	-323K	Closed	-	-
HUM	清仓 Closed	-138K	Closed	-	-