Stan Druckenmiller Piles Into Financials and Brazil as Health-Care Bets Fade

The Duquesne Family Office added three major positions — including two sector-spanning ETFs — while slashing stakes in several longtime health-care holdings.

Stephen Taub February 19, 2026

Stan Druckenmiller made three new investments in the fourth quarter, two of which immediately ranked among his top-four holdings. Both are exchange-traded funds that track broad indices.Duquesne Family Office made a large investment in the State Street Financial Select Sector SPDR ETF, which seeks to

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