Billionaire Stanley Druckenmiller made cancer-testing firm Natera (NTRA) his largest holding, increasing stake in Q2 to $864.9 million, accounting for 16.6% of his reported portfolio.
Druckenmiller's Duquesne Family Office's latest 13F filing, dated August 14, 2026, revealed Natera as his top pick, with an additional 122,700 shares bought in Q2. He views Natera's Signatera cancer-testing business as resilient to economic downturns, focusing on its strong revenue growth and rising test volumes. Natera reported Q2 revenue of $752.8 million, up 37.7% year-over-year and beating estimates, with oncology test volume jumping 57.2%. The company also raised its full-year revenue guidance to $2.85 billion-$2.91 billion and expects positive cash flow for the full year. However, the stock trades at a high valuation, depends on insurance reimbursement, and faces increasing competition.
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