Duquesne Family Office 13F annual report

Duquesne Family Office is an investment fund managing more than $2.82 billion ran by Sue Meng. There are currently 61 companies in Mrs. Meng’s portfolio. The largest investments include Coherent Corp and Coupang, together worth $490 million.

$2.82 billion Assets Under Management (AUM)

As of 7th August 2024, Duquesne Family Office’s top holding is 3,589,540 shares of Coherent Corp currently worth over $260 million and making up 9.2% of the portfolio value. Relative to the number of outstanding shares of Coherent Corp, Duquesne Family Office owns more than approximately 0.1% of the company. In addition, the fund holds 10,971,140 shares of Coupang worth $230 million, whose value grew 49.6% in the past six months. The third-largest holding is Vistra Corp worth $226 million and the next is Natera Inc worth $214 million, with 1,974,880 shares owned.

Currently, Duquesne Family Office's portfolio is worth at least $2.82 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Duquesne Family Office

The Duquesne Family Office office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Sue Meng serves as the General Counsel at Duquesne Family Office.

Recent trades

In the most recent 13F filing, Duquesne Family Office revealed that it had opened a new position in Mid-amer Apt Cmntys Inc and bought 644,190 shares worth $91.9 million.

The investment fund also strengthened its position in Coherent Corp by buying 1,064,470 additional shares. This makes their stake in Coherent Corp total 3,589,540 shares worth $260 million. Coherent Corp soared 40.6% in the past year.

On the other hand, there are companies that Duquesne Family Office is getting rid of from its portfolio. Duquesne Family Office closed its position in General Electric Co on 14th August 2024. It sold the previously owned 853,095 shares for $150 million. Sue Meng also disclosed a decreased stake in Coupang by 0.5%. This leaves the value of the investment at $230 million and 10,971,140 shares.

One of the smallest hedge funds

The two most similar investment funds to Duquesne Family Office are Indexiq Advisors and Healthcor Management, L.P.. They manage $2.82 billion and $2.83 billion respectively.


Sue Meng investment strategy

Duquesne Family Office’s portfolio is diversified across 11 sectors. Currently, their heaviest sector is Technology — making up 15.8% of the total portfolio value. The fund focuses on investments in the United States as 45.9% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 34% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $138 billion.

The complete list of Duquesne Family Office trades based on 13F SEC filings

These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Coherent Corp
42.16%
3,589,540
$260,098,000 9.22%
Coupang, Inc.
51.15%
10,971,140
$229,845,000 8.15%
Vistra Corp
No change
2,625,231
$225,717,000 8.01%
Natera Inc
2.36%
1,974,880
$213,860,000 7.58%
Seagate Technology Hldngs Pl
21.98%
1,755,278
$181,268,000 6.43%
Microsoft Corporation
63.99%
400,490
$178,999,000 6.35%
Woodward Inc
No change
954,230
$166,399,000 5.90%
General Electric Co
Closed
853,095
$149,744,000
Kinder Morgan Inc
74.03%
6,753,165
$134,185,000 4.76%
Mid-amer Apt Cmntys Inc
Opened
644,190
$91,868,000 3.26%
Philip Morris International Inc
Opened
889,355
$90,118,000 3.20%
Vertiv Holdings Co
Closed
998,510
$81,548,000
ZoomInfo Technologies Inc.
No change
5,881,906
$75,112,000 2.66%
Teck Resources Ltd
68.07%
1,453,410
$69,618,000 2.47%
Camden Ppty Tr
Opened
577,915
$63,056,000 2.24%
KBR Inc
Closed
981,425
$62,478,000
Flutter Entmt Plc
Opened
335,076
$61,175,000 2.17%
MercadoLibre Inc
Opened
36,493
$59,973,000 2.13%
Marvell Technology Inc
Closed
822,875
$58,325,000
Freeport-McMoRan Inc
16.37%
1,153,135
$56,042,000 1.99%
Option Care Health, Inc.
172.78%
1,871,818
$51,849,000 1.84%
Ge Vernova Inc
Opened
297,068
$50,950,000 1.81%
Eli Lilly & Co
Closed
61,664
$47,972,000
Flex Ltd
62.49%
1,449,155
$42,736,000 1.52%
SpringWorks Therapeutics, Inc.
Opened
1,021,367
$38,475,000 1.36%
Cameco Corp.
Closed
848,710
$36,766,000
Daktronics Inc.
20.26%
2,493,605
$34,786,000 1.23%
Meta Platforms Inc
Closed
63,930
$31,043,000
Palo Alto Networks Inc
35.86%
88,968
$30,161,000 1.07%
NVIDIA Corp
21.66%
214,060
$26,445,000 0.94%
Keycorp
Closed
1,657,395
$26,203,000
Citigroup Inc
Closed
400,345
$25,318,000
Wabtec
61.05%
150,675
$23,814,000 0.84%
Madison Square Garden Entmt
8.51%
694,225
$23,763,000 0.84%
Barclays plc
97.41%
2,075,455
$22,228,000 0.79%
Discover Finl Svcs
74.08%
167,255
$21,879,000 0.78%
Adobe Inc
Opened
36,685
$20,380,000 0.72%
Palantir Technologies Inc.
No change
769,965
$19,503,000 0.69%
News Corp
69.77%
1,319,650
$36,904,000 1.31%
Arista Networks Inc
87.79%
52,275
$18,321,000 0.65%
Stellantis N.V
Closed
588,050
$16,666,000
Capital One Finl Corp
Closed
108,495
$16,154,000
Global X Fds
45.44%
282,000
$16,020,000 0.57%
Banco Macro Sa
30.85%
273,130
$15,659,000 0.56%
Spdr Ser Tr
Closed
307,200
$15,446,000
Grupo Financiero Galicia S.a
47.82%
475,763
$14,539,000 0.52%
Crinetics Pharmaceuticals In
No change
309,000
$13,840,000 0.49%
Booz Allen Hamilton Hldg Cor
No change
83,841
$12,903,000 0.46%
Ypf Sociedad Anonima
Opened
638,435
$12,845,000 0.46%
IQVIA Holdings Inc
No change
60,360
$12,763,000 0.45%
Bank Ozk Little Rock Ark
Closed
234,200
$10,647,000
Sana Biotechnology Inc
Closed
984,000
$9,840,000
Live Nation Entertainment In
Opened
103,100
$9,665,000 0.34%
Terawulf Inc
Opened
2,090,000
$9,301,000 0.33%
Cinemark Holdings Inc
62.84%
400,792
$8,665,000 0.31%
Reddit Inc
Closed
175,000
$8,631,000
Fusion Pharmaceuticals Inc.
Closed
399,748
$8,523,000
Take-two Interactive Softwar
Closed
55,320
$8,214,000
Silence Therapeutics plc
No change
387,400
$7,361,000 0.26%
Constellation Energy Corp
Closed
39,081
$7,224,000
Cabaletta Bio Inc
Closed
417,000
$7,114,000
NRG Energy Inc.
Closed
96,885
$6,558,000
Legend Biotech Corp
Closed
114,500
$6,422,000
Veracyte Inc
No change
259,944
$5,633,000 0.20%
NexGen Energy Ltd
Closed
712,000
$5,532,000
AES Corp.
No change
314,750
$5,530,000 0.20%
Apple Inc
78.73%
24,400
$5,139,000 0.18%
Western Digital Corp.
Closed
73,505
$5,016,000
Tower Semiconductor Ltd.
Closed
146,400
$4,897,000
Tempur Sealy International Inc
Opened
103,100
$4,881,000 0.17%
Liberty Global Ltd
No change
537,150
$9,472,000 0.34%
Sea Ltd
Opened
66,900
$4,778,000 0.17%
EQT Corp
Opened
121,000
$4,475,000 0.16%
Moonlake Immunotherapeutics
Closed
87,500
$4,395,000
Sphere Entertainment Co
63.66%
122,411
$4,292,000 0.15%
TG Therapeutics Inc
Closed
280,000
$4,259,000
Arcellx Inc
No change
74,100
$4,090,000 0.15%
Builders Firstsource Inc
Opened
29,385
$4,067,000 0.14%
Bicycle Therapeutics plc
No change
190,200
$3,850,000 0.14%
Ihs Holding Limited
No change
770,310
$2,465,000 0.09%
Trisalus Life Sciences Inc
35.12%
426,921
$2,357,000 0.08%
Structure Therapeutics Inc
Opened
37,700
$1,480,000 0.05%
Insmed Inc
Opened
20,000
$1,340,000 0.05%
Telecom Argentina Sa
No change
143,051
$1,034,000 0.04%
Nurix Therapeutics, Inc.
No change
44,200
$922,000 0.03%
Invivyd Inc
Opened
571,425
$629,000 0.02%
Eaton Corp Plc
Closed
1,090
$341,000
Joby Aviation Inc
No change
22,492
$115,000 0.00%
No transactions found
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