Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

53 institutional holders +1 vs Q2 2023
68,982,48669.0m shares reported held*
$1.4bnreported value*
10 new 12 added 19 reduced 8 sold out net bought ≈ $70.6m (+30.3m 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.45.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 51Q2 23: 52Q3 23: 5353Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352
Q3 202353

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 23Q3 23: 22 bought or addedQ3 23: 27 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222918
Q1 20231828
Q2 20232326
Q3 20232227

Biggest buyers

WOLVERINE ASSET MANAGEMENT LLC Added +87,495,000+87.5m
Linden Advisors LP Added +36,950,000+37.0m
BANK OF MONTREAL /CAN/ Added +27,500,000+27.5m
AVIVA PLC New +25,000,000+25.0m
VOYA INVESTMENT MANAGEMENT LLC Added +22,500,000+22.5m
LORD, ABBETT & CO. LLC Added +22,031,000+22.0m
LORD, ABBETT & CO. LLC Added +22,031,000+22.0m
Magnetar Financial LLC New +9,500,000+9.5m
DeepCurrents Investment Group LLC New +7,700,000+7.7m
TORONTO DOMINION BANK New +7,000,000+7.0m

Biggest sellers

FMR LLC Reduced -84,629,000-84.6m
Davidson Kempner Capital Management LP Reduced -38,500,000-38.5m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -15,326,000-15.3m
Hein Park Capital Management LP Sold out -13,000,000-13.0m
Point72 Asset Management, L.P. Sold out -7,500,000-7.5m
CITIGROUP INC Reduced -7,292,000-7.3m
Calamos Advisors LLC Reduced -5,698,000-5.7m
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) Reduced -5,000,000-5.0m
AQR Arbitrage LLC Reduced -3,250,000-3.2m
JPMORGAN CHASE & CO Reduced -3,004,000-3.0m

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.18% of their portfolio ATLANTA, GA 216,205,000216.2m $165.7m $165.7m 0.18% Added +22.5m +22,500,000
2 Linden Advisors LP 1.20% of their portfolio New York, NY 153,880,000153.9m $117.1m $117.1m 1.20% Added +37.0m +36,950,000
3 WOLVERINE ASSET MANAGEMENT LLC 2.07% of their portfolio CHICAGO, IL 147,932,000147.9m $112.4m $112.4m 2.07% Added +87.5m +87,495,000
4 Calamos Advisors LLC 0.51% of their portfolio NAPERVILLE, IL 123,549,000123.5m $94.3m $94.3m 0.51% Reduced -5.7m -5,698,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.41% of their portfolio NEW YORK, NY 78,481,00078.5m $60.2m $60.2m 1.41% Reduced -15.3m -15,326,000
6 FMR LLC 0.00% of their portfolio BOSTON, MA 69,205,00069.2m $52.4m $52.4m 0.00% Reduced -84.6m -84,629,000
7 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 58,750,00058.8m $44.8m $44.8m 0.07% Added +5.0m +5,000,000
8 Amundi 0.01% of their portfolio Paris, I0 38,675,00038.7m $28.9m $28.9m 0.01% Unchanged
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 32,600,00032.6m $24.8m $24.8m 0.00% Added +4.5m +4,500,000
10 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 32,350,00032.4m $24.9m $24.9m 0.01% Added +27.5m +27,500,000
11 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 31,365,00031.4m $23.9m $23.9m 0.04% Added +22.0m +22,031,000
12 LORD, ABBETT & CO. LLC 0.04% of their portfolio JERSEY CITY, NJ 31,365,00031.4m $23.9m $23.9m 0.04% Added +22.0m +22,031,000
13 AVIVA PLC 0.08% of their portfolio LONDON, X0 25,000,00025.0m $18.9m $18.9m 0.08% New
14 Davidson Kempner Capital Management LP 0.29% of their portfolio New York, NY 25,000,00025.0m $18.9m $18.9m 0.29% Reduced -38.5m -38,500,000
15 Western Asset Management Company, LLC 7.22% of their portfolio Pasadena, CA 21,030,00021.0m $15.8m $15.8m 7.22% Reduced -400.0k -400,000
16 AQR Arbitrage LLC 0.72% of their portfolio Greenwich, CT 20,975,00021.0m $16.1m $16.1m 0.72% Reduced -3.2m -3,250,000
17 Jefferies Financial Group Inc. 0.35% of their portfolio NEW YORK, NY 18,150,00018.1m $13.9m $13.9m 0.35% Added +157.0k +157,000
18 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,090,00014.1m $10.6m $10.6m 0.00% Reduced -770.0k -770,000
19 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 10,944,00010.9m $8.3m $8.3m 0.01% Reduced -7.3m -7,292,000
20 Magnetar Financial LLC 0.18% of their portfolio EVANSTON, IL 9,500,0009.5m $7.2m $7.2m 0.18% New
21 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 9,146,0009.1m $6.9m $6.9m 0.01% Reduced -685.0k -685,000
22 BlackRock Inc. 0.00% of their portfolio New York, NY 8,500,0008.5m $6.4m $6.4m 0.00% Added +1.4m +1,350,000
23 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 8,477,0008.5m $6.4m $6.4m 0.01% Reduced -170.0k -170,000
24 SSI INVESTMENT MANAGEMENT LLC 0.50% of their portfolio Los Angeles, CA 8,046,0008.0m $6.1m $6.1m 0.50% Reduced -339.0k -339,000
25 DeepCurrents Investment Group LLC 0.27% of their portfolio NEW YORK, NY 7,700,0007.7m $5.9m $5.9m 0.27% New
26 Centiva Capital, LP 0.28% of their portfolio New York, NY 7,500,0007.5m $5.7m $5.7m 0.28% Reduced -2.5m -2,500,000
27 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 7,000,0007.0m $5.3m $5.3m 0.00% New
28 1832 Asset Management L.P. 0.91% of their portfolio TORONTO, A6 5,750,0005.8m $438.7m $438.7m 0.91% Unchanged
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,400,0005.4m $4.1m $4.1m 0.00% Unchanged
30 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 5,249,0005.2m $4.0m $4.0m 0.00% Reduced -1.2m -1,169,000
31 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,308,0004.3m $3.3m $3.3m 0.00% Added +2.0m +2,046,000
32 Arena Investors LP 2.91% of their portfolio PURCHASE, NY 3,000,0003.0m $2.3m $2.3m 2.91% Unchanged
33 RATIONAL ADVISORS, INC. 0.15% of their portfolio San Juan, PR 2,150,0002.1m $1.6m $1.6m 0.15% New
34 PIER 88 INVESTMENT PARTNERS LLC 0.41% of their portfolio SAN FRANCISCO, CA 2,150,0002.1m $1.6m $1.6m 0.41% New
35 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 2,000,0002.0m $1.5m $1.5m 0.03% Reduced -5.0m -5,000,000
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,852,0001.9m $1.4m $1.4m 0.00% Reduced -3.0m -3,004,000
37 Ionic Capital Management LLC 0.45% of their portfolio NEW YORK, NY 1,500,0001.5m $1.1m $1.1m 0.45% New
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,475,0001.5m $1.1m $1.1m 0.00% Unchanged
39 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 950,000950.0k $718.7k $718.7k 0.01% Unchanged
40 BASSO CAPITAL MANAGEMENT, L.P. 0.67% of their portfolio STAMFORD, CT 800,000800.0k $605.2k $605.2k 0.67% Unchanged
41 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $609.8k $609.8k 0.00% Unchanged
42 Liberty Mutual Group Asset Management Inc. 0.09% of their portfolio Boston, MA 428,000428.0k $323.8k $323.8k 0.09% Unchanged
43 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 182,000182.0k $138.9k $138.9k 0.01% Reduced -18.0k -18,000
44 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 169,000169.0k $127.8k $127.8k 0.00% Unchanged
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,000128.0k $97.6k $97.6k 0.00% New
46 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 115,000115.0k $88.1k $88.1k 0.00% Unchanged
47 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 34,48634.5k $1.0m $1.0m 0.00% Reduced -17.2k -17,238
48 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 32,00032.0k $24.2k $24.2k 0.00% New
49 Context Capital Management, LLC 1.46% of their portfolio LAJOLLA, CA 23,91423.9k $18.2m $18.2m 1.46% Reduced -12.8k -12,784
50 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 21,00021.0k $15.9k $15.9k 0.00% Reduced -5.0k -5,000
51 Vahanian & Associates Financial Planning Inc. 1.80% of their portfolio SARATOGA SPRINGS, NY 19,06019.1k $561.1k $561.1k 1.80% Added +6.4k +6,425
52 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 2,4282.4k $1.9m $1.9m 0.02% New
53 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged