Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

49 institutional holders -4 vs Q3 2023
82,107,48682.1m shares reported held*
$1.1bnreported value*
3 new 21 added 14 reduced 6 sold out net bought ≈ $39.4m (+13.1m 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 ($5.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.98.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 51Q2 23: 52Q3 23: 53Q4 23: 4949Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352
Q3 202353
Q4 202349

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 23Q4 23: 24 bought or addedQ4 23: 20 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222918
Q1 20231828
Q2 20232326
Q3 20232227
Q4 20232420

Biggest buyers

Context Capital Management, LLC Added +31,156,086+31.2m
LORD, ABBETT & CO. LLC Added +26,819,000+26.8m
VOYA INVESTMENT MANAGEMENT LLC Added +18,500,000+18.5m
Linden Advisors LP Added +17,952,000+18.0m
BANK OF MONTREAL /CAN/ Added +15,050,000+15.1m
Magnetar Financial LLC Added +14,750,000+14.8m
DeepCurrents Investment Group LLC Added +13,000,000+13.0m
MORGAN STANLEY Added +12,754,000+12.8m
AQR Arbitrage LLC Added +9,910,000+9.9m
JPMORGAN CHASE & CO Added +8,204,000+8.2m

Biggest sellers

LORD, ABBETT & CO. LLC Sold out -31,365,000-31.4m
FMR LLC Reduced -20,000,000-20.0m
ADVENT CAPITAL MANAGEMENT /DE/ Reduced -17,490,000-17.5m
CITIGROUP INC Reduced -10,936,000-10.9m
Centiva Capital, LP Sold out -7,500,000-7.5m
1832 Asset Management L.P. Sold out -5,750,000-5.8m
STATE STREET CORP Reduced -5,000,000-5.0m
TORONTO DOMINION BANK Reduced -3,500,000-3.5m
Arena Investors LP Sold out -3,000,000-3.0m
NEW YORK STATE COMMON RETIREMENT FUND Reduced -2,089,000-2.1m

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio ATLANTA, GA 234,705,000234.7m $190.5m $190.5m 0.20% Added +18.5m +18,500,000
2 Linden Advisors LP 1.32% of their portfolio New York, NY 171,832,000171.8m $139.1m $139.1m 1.32% Added +18.0m +17,952,000
3 WOLVERINE ASSET MANAGEMENT LLC 1.88% of their portfolio CHICAGO, IL 147,945,000147.9m $120.1m $120.1m 1.88% Added +13.0k +13,000
4 Calamos Advisors LLC 0.51% of their portfolio NAPERVILLE, IL 123,532,000123.5m $100.3m $100.3m 0.51% Reduced -17.0k -17,000
5 D. E. Shaw & Co., Inc. 0.07% of their portfolio New York, NY 62,734,00062.7m $51.1m $51.1m 0.07% Added +4.0m +3,984,000
6 ADVENT CAPITAL MANAGEMENT /DE/ 1.14% of their portfolio NEW YORK, NY 60,991,00061.0m $49.5m $49.5m 1.14% Reduced -17.5m -17,490,000
7 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 58,184,00058.2m $46.9m $46.9m 0.08% Added +26.8m +26,819,000
8 FMR LLC 0.00% of their portfolio BOSTON, MA 49,205,00049.2m $39.4m $39.4m 0.00% Reduced -20.0m -20,000,000
9 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 47,400,00047.4m $38.6m $38.6m 0.01% Added +15.1m +15,050,000
10 Amundi 0.01% of their portfolio Paris, I0 38,369,00038.4m $30.7m $30.7m 0.01% Reduced -306.0k -306,000
11 Context Capital Management, LLC 1.70% of their portfolio LAJOLLA, CA 31,180,00031.2m $25.3m $25.3m 1.70% Added +31.2m +31,156,086
12 AQR Arbitrage LLC 1.01% of their portfolio Greenwich, CT 30,885,00030.9m $25.1m $25.1m 1.01% Added +9.9m +9,910,000
13 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 27,600,00027.6m $22.4m $22.4m 0.00% Reduced -5.0m -5,000,000
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 26,844,00026.8m $21.4m $21.4m 0.00% Added +12.8m +12,754,000
15 AVIVA PLC 0.07% of their portfolio LONDON, X0 25,000,00025.0m $20.2m $20.2m 0.07% Unchanged
16 Magnetar Financial LLC 0.50% of their portfolio EVANSTON, IL 24,250,00024.2m $19.6m $19.6m 0.50% Added +14.8m +14,750,000
17 Western Asset Management Company, LLC 11.06% of their portfolio Pasadena, CA 20,730,00020.7m $16.8m $16.8m 11.06% Reduced -300.0k -300,000
18 DeepCurrents Investment Group LLC 0.65% of their portfolio NEW YORK, NY 20,700,00020.7m $16.8m $16.8m 0.65% Added +13.0m +13,000,000
19 Jefferies Financial Group Inc. 0.26% of their portfolio NEW YORK, NY 20,384,00020.4m $16.4m $16.4m 0.26% Added +2.2m +2,234,000
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 10,056,00010.1m $8.2m $8.2m 0.00% Added +8.2m +8,204,000
21 BlackRock Inc. 0.00% of their portfolio New York, NY 9,025,0009.0m $7.2m $7.2m 0.00% Added +525.0k +525,000
22 PUTNAM INVESTMENTS LLC 0.01% of their portfolio BOSTON, MA 8,247,0008.2m $6.6m $6.6m 0.01% Reduced -230.0k -230,000
23 SSI INVESTMENT MANAGEMENT LLC 0.49% of their portfolio Los Angeles, CA 7,993,0008.0m $6.4m $6.4m 0.49% Reduced -53.0k -53,000
24 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 7,844,0007.8m $6.3m $6.3m 0.00% Added +2.6m +2,595,000
25 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 7,057,0007.1m $5.7m $5.7m 0.01% Reduced -2.1m -2,089,000
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,637,0006.6m $5.4m $5.4m 0.00% Added +2.3m +2,329,000
27 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,000,0005.0m $4.0m $4.0m 0.00% Reduced -400.0k -400,000
28 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 3,500,0003.5m $2.8m $2.8m 0.00% Reduced -3.5m -3,500,000
29 RATIONAL ADVISORS, INC. 0.25% of their portfolio San Juan, PR 3,020,0003.0m $2.4m $2.4m 0.25% Added +870.0k +870,000
30 PIER 88 INVESTMENT PARTNERS LLC 0.61% of their portfolio SAN FRANCISCO, CA 3,020,0003.0m $2.4m $2.4m 0.61% Added +870.0k +870,000
31 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 2,000,0002.0m $1.5m $1.5m 0.05% Unchanged
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,900,0001.9m $1.5m $1.5m 0.00% Added +425.0k +425,000
33 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 950,000950.0k $761.4k $761.4k 0.00% Unchanged
34 BASSO CAPITAL MANAGEMENT, L.P. 0.67% of their portfolio STAMFORD, CT 800,000800.0k $641.2k $641.2k 0.67% Unchanged
35 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $651.2k $651.2k 0.00% Unchanged
36 Liberty Mutual Group Asset Management Inc. 0.10% of their portfolio Boston, MA 428,000428.0k $343.0k $343.0k 0.10% Unchanged
37 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 175,000175.0k $142.1k $142.1k 0.01% Reduced -7.0k -7,000
38 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 169,000169.0k $135.5k $135.5k 0.00% Unchanged
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 128,000128.0k $104.2k $104.2k 0.00% Unchanged
40 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 34,48634.5k $1.2m $1.2m 0.00% Unchanged
41 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 32,00032.0k $25.6k $25.6k 0.00% Unchanged
42 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 24,00024.0k $19.2k $19.2k 0.00% Added +3.0k +3,000
43 Vahanian & Associates Financial Planning Inc. 1.95% of their portfolio SARATOGA SPRINGS, NY 13,99114.0k $493.2k $493.2k 1.95% Reduced -5.1k -5,069
44 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 13,40013.4k $1.1m $1.1m 0.01% New
45 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 12,00012.0k $9.6k $9.6k 0.00% New
46 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 8,0008.0k $6.4k $6.4k 0.00% Reduced -10.9m -10,936,000
47 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 6,5276.5k $5.3m $5.3m 0.05% Added +4.1k +4,099
48 Alpine Global Management, LLC 0.59% of their portfolio NEW YORK, NY 5,0005.0k $4.0m $4.0m 0.59% New
49 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged