DraftKings Inc.
Hedge Funds Holdings

Last updated:

DraftKings Inc.‘s stocks are currently a part of 514 hedge funds’ portfolios, which represents 63.57% of the total amount of its stocks outstanding. This makes up a total of 252.74M shares of DraftKings Inc.. Compared to the previous quarter, the number fell by -6.99% or -18.99M shares fewer. As for the holding position changes, 38.91% (200) of current hedge fund investors increased the number of shares held, 28.79% (148) of current holders sold a part of the shares held, and 30.16% (155) closed the holdings completely. 73 hedge funds are new holders of DraftKings Inc. stock in Q1 2022, it is 14.2% of total holders.

Hedge funds holding DraftKings (Q1 2019 – Q1 2022)

Number of hedge funds
Q1 2019 1
Q2 2019 1
Q3 2019 1
Q4 2019 1
Q1 2020 4
Q2 2020 299
Q3 2020 399
Q4 2020 588
Q1 2021 685
Q2 2021 674
Q3 2021 692
Q4 2021 610
Q1 2022 514

Hedge funds changes in DraftKings positions (Q1 2019 – Q1 2022)

Changes in positions
Q1 2019 10000
Q2 2019 00001
Q3 2019 00001
Q4 2019 00001
Q1 2020 30001
Q2 2020 2952101
Q3 2020 1701168564-36
Q4 2020 2592246865-28
Q1 2021 17925518674-9
Q2 2021 116293164125-24
Q3 2021 992951937332
Q4 2021 125191214192-112
Q1 2022 73200148155-62

Hedge funds changes in DraftKings stock options (Q1 2019 – Q1 2022)

Changes in stock options
Q1 2019 0 0
Q2 2019 0 0
Q3 2019 0 0
Q4 2019 0 0
Q1 2020 0 0
Q2 2020 367,734,000 232,859,000
Q3 2020 618,758,598,000 12,566,461,000
Q4 2020 559,952,280,000 382,768,564,000
Q1 2021 1,784,438,000 1,059,598,000
Q2 2021 1,458,514,000 1,453,872,000
Q3 2021 1,761,827,000 1,721,884,000
Q4 2021 1,895,828,892,000 943,609,000
Q1 2022 541,288,000 642,080,000

Top 50 hedge fund holders of DraftKings Inc. (NASDAQ:DKNG)

Hedge fund Value Shares owned Portfolio share
VANGUARD GROUP INC 524.32M 34.63M 0.015%
ARK INVESTMENT MANAGEMENT LLC Cathie Wood 374.07M 24.70M 2.607%
BLACKROCK INC. Larry Fink 218.93M 14.46M 0.007%
NIKKO ASSET MANAGEMENT AMERICAS, INC. 202.11M 13.19M 2.582%
SUMITOMO MITSUI TRUST HOLDINGS, INC. 199.74M 13.19M 0.164%
CAPITAL RESEARCH GLOBAL INVESTORS 196.64M 12.98M 0.065%
RAINE CAPITAL LLC 169.92M 11.22M 32.688%
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. 122.28M 8.07M 0.098%
WELLINGTON MANAGEMENT GROUP LLP Jean Hynes 119.24M 7.87M 0.025%
REDPOINT MANAGEMENT, LLC 104.35M 6.89M 35.095%
ATLAS VENTURE ADVISORS, INC. 99.25M 6.55M 35.753%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 98.18M 6.48M 0.025%
STATE STREET CORP 88.08M 5.81M 0.006%
GEODE CAPITAL MANAGEMENT, LLC 82.22M 5.43M 0.013%
CITADEL ADVISORS LLC Ken Griffin 81.49M 5.38M 0.019%
CITADEL ADVISORS LLC Ken Griffin 72.07M 4.76M 0.016%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 71.94M 4.75M 0.019%
DAVENPORT & CO LLC 71.67M 4.70M 0.623%
SECURITY BENEFIT LIFE INSURANCE CO /KS/ 70.04M 4.62M 5.013%
MORGAN STANLEY 68.39M 4.51M 0.009%
CALEDONIA (PRIVATE) INVESTMENTS PTY LTD 67.49M 4.45M 1.998%
CONTRARIUS INVESTMENT MANAGEMENT LTD 63.75M 4.21M 4.227%
INVESCO LTD. 59.53M 3.93M 0.019%
CITIGROUP INC 40.87M 2.7M 0.029%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 38.02M 2.51M 0.014%
BALYASNY ASSET MANAGEMENT L.P. Dmitry Balyasny 37.59M 2.48M 0.115%
CTC LLC 36.01M 23.80K 0.023%
HOLOCENE ADVISORS, LP 33.98M 2.24M 0.217%
BANK OF MONTREAL /CAN/ 32.28M 1.87M 0.014%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 31.85M 2.10M 0.008%
BANK OF MONTREAL /CAN/ 30.89M 1.79M 0.013%
BANK OF AMERICA CORP /DE/ 28.9M 1.90M 0.004%
GOLDMAN SACHS GROUP INC 28.88M 1.90M 0.007%
D. E. SHAW & CO., INC. David E. Shaw 26.88M 1.77M 0.032%
CTC LLC 25.16M 16.64K 0.016%
TWO SIGMA INVESTMENTS, LP John Overdeck 25.01M 1.65M 0.085%
NORTHERN TRUST CORP 24.17M 1.59M 0.005%
SQUAREPOINT OPS LLC 18.99M 1.25M 0.096%
D. E. SHAW & CO., INC. David E. Shaw 18.75M 1.23M 0.022%
JAT CAPITAL MGMT LP 17.91M 1.18M 6.409%
UBS GROUP AG 17.62M 1.16M 0.008%
TWIN TREE MANAGEMENT, LP 17.31M 1.14M 0.033%
ACCOMPLICE MANAGEMENT, LLC 15.97M 1.05M 39.489%
BANK OF NEW YORK MELLON CORP 15.85M 1.04M 0.004%
WOLVERINE TRADING, LLC 15.84M 1.03M 0.025%
CAPTION MANAGEMENT, LLC 15.74M 1.04M 0.217%
NUVEEN ASSET MANAGEMENT, LLC 13.80M 912.07K 0.006%
POINT72 ASSET MANAGEMENT, L.P. Steven Cohen 13.73M 907.39K 0.055%
SWISS NATIONAL BANK 13.64M 901.36K 0.010%
BAMCO INC /NY/ 13.24M 875K 0.043%