Banks & credit
Banks and credit companies earn through lending, deposits, cards, brokerage sweep balances, and credit spreads. The segment is highly sensitive to funding costs and credit normalization.
This segment captures financial exposure where rates, credit quality, market activity, regulation, and deposit or funding costs drive earnings. The companies can look similar in sector screens while having very different sensitivities.
Granular tagging helps separate balance-sheet lenders from fee-based market infrastructure and fintech platforms. That distinction matters because a higher-rate or risk-on environment can help one group while pressuring another.
- Money-center and regional banks
- Card lenders and consumer finance
- Brokerage and wealth platforms
- Insurance distribution and credit services
- Net interest margin
- Deposit beta and funding mix
- Credit losses
- Capital returns and regulatory constraints
Duquesne Family Office LLC
Stanley Druckenmiller · Q4 2025 filed 2026-02-17
Banks, credit-card lenders, brokers, and insurance distribution.
| Ticker | Name | Value | Instrument |
|---|---|---|---|
| GS | GOLDMAN SACHS GROUP INC | $24M | SH |
| NP | NEPTUNE INSURANCE HOLDI-CL A | $583K | SH |
| Ticker | Action | Value |
|---|---|---|
| C | Closed | -$52M |
| BAC | Closed | -$51M |
| GS | New | +$24M |
| SYF | Closed | -$19M |
| COF | Closed | -$9M |
| NP | New | +$583K |