Duquesne Sells Intel, Micron; Adds Amazon Shares, Tesla Calls
Druckenmiller’s Duquesne Family Office sold Intel and Micron in Q2, raised Amazon to about 541,600 shares and bought roughly $53 million in Tesla call options, per a 13F filing.
Duquesne Family Office, managed by Stanley Druckenmiller, sold its stakes in Intel Corp. and Micron Technology Inc. during the second quarter and redeployed capital into Amazon and Tesla. The firm’s 13F filing covers holdings as of June 30 and shows the portfolio holds about $5.2 billion in U.S. equities.
The filing shows Duquesne increased its Amazon position to about 541,600 shares, an approximately elevenfold rise, and more than doubled its call-option exposure to the company, moving Amazon into the fund’s top 10 holdings.
Instead of buying Tesla shares, the fund purchased call options with roughly $53 million in notional value, providing leveraged exposure while using less cash up front.
The 13F filing notes recent developments at Amazon: the company has expanded automation in its fulfillment network to lower per-unit delivery costs and has continued rolling out Prime Air drone deliveries. In March 2026 Amazon acquired Fauna Robotics, the maker of the compact Sprout humanoid.
Developments at Tesla after the quarter include the Sept. 3 debut of a pedal-less Cybercab in Austin and ongoing robotaxi operations, with varying levels of supervision, in cities such as Austin, Dallas, Houston, Miami, Orlando, Tampa and the San Francisco Bay Area. Tesla has also begun production of its Optimus humanoid robot.
Options allow Duquesne to seek upside from operational rollouts while limiting the capital at risk if timelines for autonomy or mass robot production slip.
The 13F reflects positions as of June 30 and does not show trades after that date. It is not public whether Duquesne retained the Tesla options through September milestones or whether the firm realized gains on those positions. The sale of Intel and Micron follows prior reductions in semiconductor holdings.
Stanley Druckenmiller built Duquesne Capital into a firm that compounded returns above 30% annually for nearly three decades without a losing year. He now operates Duquesne Family Office and continues to disclose regulatory filings that detail the office’s public equity positions.
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