Legendary investor Stanley Druckenmiller's Duquesne Family Office has disclosed a new position in IT solutions provider CDW Corp. According to a quarterly 13F filing, which reveals holdings as of June 30, 2026, Duquesne acquired 743,950 shares valued at approximately $104.6 million. This new stake accounts for about 2.01% of the firm's reported portfolio.
The investment period preceded CDW's second-quarter earnings report on August 5, 2026, where the company announced a 10% increase in net sales, beating analyst expectations. [3, 7, 8] The growth was largely driven by strong demand for data storage, servers, and networking products related to AI infrastructure. [3, 8] Despite the strong revenue, the market reacted to concerns over narrower margins and weaker cash flow, causing the stock to fall after the announcement. [6] Druckenmiller has previously stated his belief that AI represents a major technological revolution. [2]