Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

51 institutional holders -3 vs Q4 2022
27,497,70027.5m shares reported held*
$1.0bnreported value*
5 new 13 added 19 reduced 9 sold out net bought ≈ $129.2m (-18.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $37.23.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 5151Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 29 bought or addedQ4 22: 18 cut or sold outQ4 22Q1 23: 18 bought or addedQ1 23: 28 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222918
Q1 20231828

Biggest buyers

FMR LLC Added +202,179,000+202.2m
ADVENT CAPITAL MANAGEMENT /DE/ Added +43,548,000+43.5m
WOLVERINE ASSET MANAGEMENT LLC New +36,460,000+36.5m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) New +32,000,000+32.0m
Linden Advisors LP Added +9,750,000+9.8m
VOYA INVESTMENT MANAGEMENT LLC Added +8,500,000+8.5m
Davidson Kempner Capital Management LP Added +7,500,000+7.5m
Brandywine Global Investment Management, LLC Added +7,000,000+7.0m
MORGAN STANLEY Added +6,702,000+6.7m
NEW YORK STATE COMMON RETIREMENT FUND Added +3,068,000+3.1m

Biggest sellers

WHITEBOX ADVISORS LLC Reduced -29,500,000-29.5m
Hein Park Capital Management LP Reduced -27,000,000-27.0m
LORD, ABBETT & CO. LLC Sold out -21,090,000-21.1m
LORD, ABBETT & CO. LLC Sold out -21,090,000-21.1m
CITIGROUP INC Reduced -17,831,000-17.8m
GOLDMAN SACHS GROUP INC Reduced -16,364,000-16.4m
BANK OF AMERICA CORP /DE/ Sold out -10,397,000-10.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -8,250,000-8.2m
Empyrean Capital Partners, LP Sold out -6,000,000-6.0m
STATE STREET CORP Reduced -4,500,000-4.5m

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 298,868,000298.9m $206.8m $206.8m 0.01% Added +202.2m +202,179,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio ATLANTA, GA 197,445,000197.4m $138.6m $138.6m 0.15% Added +8.5m +8,500,000
3 Calamos Advisors LLC 0.43% of their portfolio NAPERVILLE, IL 122,597,000122.6m $85.9m $85.9m 0.43% Unchanged
4 ADVENT CAPITAL MANAGEMENT /DE/ 1.44% of their portfolio NEW YORK, NY 106,923,000106.9m $75.1m $75.1m 1.44% Added +43.5m +43,548,000
5 Linden Advisors LP 0.69% of their portfolio New York, NY 93,680,00093.7m $65.4m $65.4m 0.69% Added +9.8m +9,750,000
6 Hein Park Capital Management LP 36.59% of their portfolio New York, NY 75,596,00075.6m $53.1m $53.1m 36.59% Reduced -27.0m -27,000,000
7 DAVIDSON KEMPNER PARTNERS 1.09% of their portfolio New York, NY 63,500,00063.5m $43.9m $43.9m 1.09% First filing
8 Davidson Kempner Capital Management LP 0.92% of their portfolio New York, NY 63,500,00063.5m $43.9m $43.9m 0.92% Added +7.5m +7,500,000
9 Amundi 0.02% of their portfolio Paris, I0 44,768,00044.8m $30.8m $30.8m 0.02% Added +450.0k +450,000
10 D. E. Shaw & Co., Inc. 0.05% of their portfolio New York, NY 43,000,00043.0m $30.2m $30.2m 0.05% Unchanged
11 WOLVERINE ASSET MANAGEMENT LLC 0.45% of their portfolio CHICAGO, IL 36,460,00036.5m $25.5m $25.5m 0.45% New
12 AQR Arbitrage LLC 0.70% of their portfolio Greenwich, CT 32,400,00032.4m $22.7m $22.7m 0.70% Reduced -125.0k -125,000
13 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.53% of their portfolio CHICAGO, IL 32,000,00032.0m $22.2m $22.2m 0.53% New
14 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.13% of their portfolio SAN FRANCISCO, CA 30,000,00030.0m $21.0m $21.0m 0.13% Unchanged
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 25,800,00025.8m $18.0m $18.0m 0.00% Reduced -4.5m -4,500,000
16 Western Asset Management Company, LLC 7.21% of their portfolio Pasadena, CA 21,430,00021.4m $15.0m $15.0m 7.21% Reduced -2.5m -2,500,000
17 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,782,00012.8m $8.8m $8.8m 0.00% Added +6.7m +6,702,000
18 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 11,448,00011.4m $7.9m $7.9m 0.01% Added +3.1m +3,068,000
19 Jefferies Financial Group Inc. 0.17% of their portfolio NEW YORK, NY 11,360,00011.4m $7.9m $7.9m 0.17% Reduced -1.3m -1,310,000
20 Brandywine Global Investment Management, LLC 0.03% of their portfolio PHILADELPHIA, PA 10,000,00010.0m $7.0m $7.0m 0.03% Added +7.0m +7,000,000
21 WHITEBOX ADVISORS LLC 0.32% of their portfolio MINNEAPOLIS, MN 9,750,0009.8m $6.7m $6.7m 0.32% Reduced -29.5m -29,500,000
22 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 8,855,0008.9m $6.1m $6.1m 0.01% Added +269.0k +269,000
23 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 8,813,0008.8m $6.1m $6.1m 0.00% Reduced -1.3m -1,335,000
24 SHENKMAN CAPITAL MANAGEMENT INC 0.43% of their portfolio NEW YORK, NY 8,060,0008.1m $5.7m $5.7m 0.43% Reduced -2.4m -2,413,000
25 BlackRock Inc. 0.00% of their portfolio New York, NY 7,924,0007.9m $5.5m $5.5m 0.00% Reduced -4.4m -4,425,000
26 Centiva Capital, LP 0.29% of their portfolio New York, NY 7,500,0007.5m $5.2m $5.2m 0.29% Reduced -1.5m -1,500,000
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,086,0005.1m $3.5m $3.5m 0.00% Reduced -17.8m -17,831,000
28 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 5,000,0005.0m $3.5m $3.5m 0.01% Reduced -500.0k -500,000
29 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,878,0004.9m $3.4m $3.4m 0.00% Added +2.2m +2,194,000
30 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3,750,0003.8m $2.6m $2.6m 0.00% Added +1.2m +1,245,000
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 3,750,0003.8m $2.6m $2.6m 0.00% Reduced -2.5m -2,500,000
32 Benefit Street Partners LLC 5.73% of their portfolio NEW YORK, NY 3,002,0003.0m $2.1m $2.1m 5.73% Reduced -185.0k -185,000
33 Arena Investors LP 1.76% of their portfolio PURCHASE, NY 3,000,0003.0m $2.1m $2.1m 1.76% Unchanged
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,500,0002.5m $1.7m $1.7m 0.00% Reduced -8.2m -8,250,000
35 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 2,500,0002.5m $1.8m $1.8m 0.01% New
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,475,0001.5m $1.0m $1.0m 0.00% Reduced -16.4m -16,364,000
37 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 950,000950.0k $657.4k $657.4k 0.00% Unchanged
38 BASSO CAPITAL MANAGEMENT, L.P. 0.54% of their portfolio STAMFORD, CT 800,000800.0k $553.6k $553.6k 0.54% Added +300.0k +300,000
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $560.0k $560.0k 0.00% Unchanged
40 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 500,000500.0k $351.0k $351.0k 0.00% New
41 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 500,000500.0k $349.3k $349.3k 0.00% New
42 Liberty Mutual Group Asset Management Inc. 0.07% of their portfolio Boston, MA 428,000428.0k $296.2k $296.2k 0.07% Unchanged
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 400,000400.0k $276.8k $276.8k 0.00% Unchanged
44 ONCE CAPITAL MANAGEMENT, LLC 3.44% of their portfolio NEW YORK, NY 166,700166.7k $3.2m $3.2m 3.44% Unchanged
45 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 115,000115.0k $80.7k $80.7k 0.00% Unchanged
46 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 48,00048.0k $33.2k $33.2k 0.00% Unchanged
47 Context Capital Management, LLC 2.25% of their portfolio LAJOLLA, CA 38,19838.2k $26.8m $26.8m 2.25% Reduced -12.5k -12,545
48 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,00024.0k $16.6k $16.6k 0.00% Unchanged
49 Vahanian & Associates Financial Planning Inc. 0.87% of their portfolio SARATOGA SPRINGS, NY 16,21316.2k $313.9k $313.9k 0.87% Reduced -465 -465
50 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 7,9007.9k $553.0k $553.0k 0.01% Reduced -17.5k -17,500
51 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged