Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

52 institutional holders +1 vs Q1 2023
38,642,03538.6m shares reported held*
$1.4bnreported value*
11 new 12 added 17 reduced 9 sold out net sold ≈ $127.2m (+11.1m 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 ≈ $34.94.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 51Q2 23: 5252Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352

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 23Q2 23: 23 bought or addedQ2 23: 26 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222918
Q1 20231828
Q2 20232326

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +23,977,000+24.0m
Linden Advisors LP Added +23,250,000+23.2m
CITIGROUP INC Added +13,150,000+13.2m
D. E. Shaw & Co., Inc. Added +10,750,000+10.8m
LORD, ABBETT & CO. LLC New +9,334,000+9.3m
LORD, ABBETT & CO. LLC New +9,334,000+9.3m
SSI INVESTMENT MANAGEMENT LLC New +8,385,000+8.4m
Calamos Advisors LLC Added +6,650,000+6.7m
Jefferies Financial Group Inc. Added +6,633,000+6.6m
1832 Asset Management L.P. New +5,750,000+5.8m

Biggest sellers

FMR LLC Reduced -145,034,000-145.0m
Hein Park Capital Management LP Reduced -62,596,000-62.6m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Reduced -25,000,000-25.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -13,116,000-13.1m
Brandywine Global Investment Management, LLC Sold out -10,000,000-10.0m
WHITEBOX ADVISORS LLC Sold out -9,750,000-9.8m
AQR Arbitrage LLC Reduced -8,175,000-8.2m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -8,060,000-8.1m
Amundi Reduced -6,093,000-6.1m
JANE STREET GROUP, LLC Sold out -5,000,000-5.0m

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio ATLANTA, GA 193,705,000193.7m $146.4m $146.4m 0.15% Reduced -3.7m -3,740,000
2 FMR LLC 0.01% of their portfolio BOSTON, MA 153,834,000153.8m $114.8m $114.8m 0.01% Reduced -145.0m -145,034,000
3 Calamos Advisors LLC 0.49% of their portfolio NAPERVILLE, IL 129,247,000129.2m $97.1m $97.1m 0.49% Added +6.7m +6,650,000
4 Linden Advisors LP 0.92% of their portfolio New York, NY 116,930,000116.9m $87.8m $87.8m 0.92% Added +23.2m +23,250,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.42% of their portfolio NEW YORK, NY 93,807,00093.8m $70.9m $70.9m 1.42% Reduced -13.1m -13,116,000
6 Davidson Kempner Capital Management LP 1.00% of their portfolio New York, NY 63,500,00063.5m $47.4m $47.4m 1.00% Unchanged
7 WOLVERINE ASSET MANAGEMENT LLC 0.85% of their portfolio CHICAGO, IL 60,437,00060.4m $45.3m $45.3m 0.85% Added +24.0m +23,977,000
8 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 53,750,00053.8m $40.4m $40.4m 0.06% Added +10.8m +10,750,000
9 Amundi 0.01% of their portfolio Paris, I0 38,675,00038.7m $28.9m $28.9m 0.01% Reduced -6.1m -6,093,000
10 FARALLON CAPITAL MANAGEMENT, L.L.C. 0.13% of their portfolio SAN FRANCISCO, CA 30,000,00030.0m $22.5m $22.5m 0.13% Unchanged
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 28,100,00028.1m $21.0m $21.0m 0.00% Added +2.3m +2,300,000
12 AQR Arbitrage LLC 0.79% of their portfolio Greenwich, CT 24,225,00024.2m $18.3m $18.3m 0.79% Reduced -8.2m -8,175,000
13 Western Asset Management Company, LLC 7.25% of their portfolio Pasadena, CA 21,430,00021.4m $16.2m $16.2m 7.25% Unchanged
14 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 18,236,00018.2m $13.6m $13.6m 0.02% Added +13.2m +13,150,000
15 Jefferies Financial Group Inc. 0.29% of their portfolio NEW YORK, NY 17,993,00018.0m $13.5m $13.5m 0.29% Added +6.6m +6,633,000
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,860,00014.9m $11.1m $11.1m 0.00% Added +2.1m +2,078,000
17 Hein Park Capital Management LP 14.03% of their portfolio New York, NY 13,000,00013.0m $9.8m $9.8m 14.03% Reduced -62.6m -62,596,000
18 Centiva Capital, LP 0.38% of their portfolio New York, NY 10,000,00010.0m $7.5m $7.5m 0.38% Added +2.5m +2,500,000
19 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 9,831,0009.8m $7.3m $7.3m 0.01% Reduced -1.6m -1,617,000
20 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 9,334,0009.3m $7.1m $7.1m 0.01% New
21 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 9,334,0009.3m $7.1m $7.1m 0.01% New
22 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 8,647,0008.6m $6.5m $6.5m 0.01% Reduced -208.0k -208,000
23 SSI INVESTMENT MANAGEMENT LLC 0.44% of their portfolio Los Angeles, CA 8,385,0008.4m $6.3m $6.3m 0.44% New
24 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 7,500,0007.5m $5.6m $5.6m 0.02% Added +5.0m +5,000,000
25 BlackRock Inc. 0.00% of their portfolio New York, NY 7,150,0007.2m $5.3m $5.3m 0.00% Reduced -774.0k -774,000
26 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.11% of their portfolio CHICAGO, IL 7,000,0007.0m $5.2m $5.2m 0.11% Reduced -25.0m -25,000,000
27 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 6,418,0006.4m $4.8m $4.8m 0.00% Reduced -2.4m -2,395,000
28 1832 Asset Management L.P. 0.84% of their portfolio TORONTO, A6 5,750,0005.8m $430.1m $430.1m 0.84% New
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,400,0005.4m $4.0m $4.0m 0.00% Added +5.0m +5,000,000
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,856,0004.9m $3.7m $3.7m 0.00% Reduced -22.0k -22,000
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 4,850,0004.8m $3.6m $3.6m 0.00% Added +1.1m +1,100,000
32 Benefit Street Partners LLC 7.34% of their portfolio NEW YORK, NY 3,002,0003.0m $2.2m $2.2m 7.34% Unchanged
33 Arena Investors LP 2.20% of their portfolio PURCHASE, NY 3,000,0003.0m $2.3m $2.3m 2.20% New
34 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,262,0002.3m $1.7m $1.7m 0.00% Reduced -1.5m -1,488,000
35 OAKTREE CAPITAL MANAGEMENT LP 0.02% of their portfolio LOS ANGELES, CA 1,619,0001.6m $1.2m $1.2m 0.02% New
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,475,0001.5m $1.1m $1.1m 0.00% Unchanged
37 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 950,000950.0k $708.7k $708.7k 0.01% Unchanged
38 BASSO CAPITAL MANAGEMENT, L.P. 0.66% of their portfolio STAMFORD, CT 800,000800.0k $596.8k $596.8k 0.66% Unchanged
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $601.4k $601.4k 0.00% Unchanged
40 Liberty Mutual Group Asset Management Inc. 0.08% of their portfolio Boston, MA 428,000428.0k $319.3k $319.3k 0.08% Unchanged
41 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 200,000200.0k $150.3k $150.3k 0.01% New
42 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 169,000169.0k $126.1k $126.1k 0.00% New
43 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 115,000115.0k $86.9k $86.9k 0.00% Unchanged
44 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 51,72451.7k $1.4m $1.4m 0.00% New
45 Context Capital Management, LLC 2.51% of their portfolio LAJOLLA, CA 36,69836.7k $27.7m $27.7m 2.51% Reduced -1.5k -1,500
46 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 26,00026.0k $19.4k $19.4k 0.00% Reduced -22.0k -22,000
47 UBS Group AG 0.00% of their portfolio ZURICH, V8 20,00020.0k $14.9k $14.9k 0.00% Reduced -4.0k -4,000
48 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,00017.0k $13.0k $13.0k 0.00% New
49 Vahanian & Associates Financial Planning Inc. 1.06% of their portfolio SARATOGA SPRINGS, NY 12,63512.6k $335.7k $335.7k 1.06% Reduced -3.6k -3,578
50 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 7,9007.9k $592.0k $592.0k 0.01% Unchanged
51 Activest Wealth Management 0.01% of their portfolio AVENTURA, FL 311311 $10.4k $10.4k 0.01% New
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged