Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

52 institutional holders +3 vs Q4 2023
106,033,981106.0m shares reported held*
$1.2bnreported value*
8 new 21 added 8 reduced 5 sold out net bought ≈ $42.2m (+32.2m 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 ($5.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.22.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 51Q2 23: 52Q3 23: 53Q4 23: 49Q1 24: 5252Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352
Q3 202353
Q4 202349
Q1 202452

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 23Q1 24: 29 bought or addedQ1 24: 13 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222918
Q1 20231828
Q2 20232326
Q3 20232227
Q4 20232420
Q1 20242913

Biggest buyers

Linden Advisors LP Added +95,300,000+95.3m
MORGAN STANLEY Added +33,819,000+33.8m
LORD, ABBETT & CO. LLC Added +22,858,000+22.9m
BANK OF MONTREAL /CAN/ Added +17,211,000+17.2m
FRANKLIN RESOURCES INC New +8,219,000+8.2m
AMERIPRISE FINANCIAL INC New +8,002,000+8.0m
LAZARD ASSET MANAGEMENT LLC New +7,646,000+7.6m
WELLINGTON MANAGEMENT GROUP LLP Added +6,726,000+6.7m
Verition Fund Management LLC Added +6,520,473+6.5m
JANE STREET GROUP, LLC New +6,325,000+6.3m

Biggest sellers

FMR LLC Sold out -49,205,000-49.2m
D. E. Shaw & Co., Inc. Reduced -45,745,000-45.7m
Context Capital Management, LLC Reduced -31,169,535-31.2m
AQR Arbitrage LLC Sold out -30,885,000-30.9m
Calamos Advisors LLC Reduced -28,368,000-28.4m
VOYA INVESTMENT MANAGEMENT LLC Reduced -11,155,000-11.2m
Jefferies Financial Group Inc. Reduced -4,869,000-4.9m
GOLDMAN SACHS GROUP INC Sold out -1,900,000-1.9m
BARCLAYS PLC Reduced -615,000-615.0k
Amundi Reduced -215,000-215.0k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 1.83% of their portfolio New York, NY 267,132,000267.1m $231.6m $231.6m 1.83% Added +95.3m +95,300,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.19% of their portfolio ATLANTA, GA 223,550,000223.6m $193.9m $193.9m 0.19% Reduced -11.2m -11,155,000
3 WOLVERINE ASSET MANAGEMENT LLC 2.46% of their portfolio CHICAGO, IL 147,945,000147.9m $128.3m $128.3m 2.46% Unchanged
4 Calamos Advisors LLC 0.40% of their portfolio NAPERVILLE, IL 95,164,00095.2m $82.5m $82.5m 0.40% Reduced -28.4m -28,368,000
5 LORD, ABBETT & CO. LLC 0.11% of their portfolio JERSEY CITY, NJ 81,042,00081.0m $70.1m $70.1m 0.11% Added +22.9m +22,858,000
6 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 64,611,00064.6m $56.1m $56.1m 0.02% Added +17.2m +17,211,000
7 ADVENT CAPITAL MANAGEMENT /DE/ 1.36% of their portfolio NEW YORK, NY 61,216,00061.2m $53.3m $53.3m 1.36% Added +225.0k +225,000
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 60,663,00060.7m $52.3m $52.3m 0.00% Added +33.8m +33,819,000
9 Amundi 0.01% of their portfolio Paris, I0 38,154,00038.2m $31.8m $31.8m 0.01% Reduced -215.0k -215,000
10 Magnetar Financial LLC 0.59% of their portfolio EVANSTON, IL 30,266,00030.3m $26.2m $26.2m 0.59% Added +6.0m +6,016,000
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 27,600,00027.6m $23.9m $23.9m 0.00% Unchanged
12 AVIVA PLC 0.07% of their portfolio LONDON, X0 25,000,00025.0m $21.7m $21.7m 0.07% Unchanged
13 Western Asset Management Company, LLC 17.20% of their portfolio Pasadena, CA 20,730,00020.7m $18.0m $18.0m 17.20% Unchanged
14 DeepCurrents Investment Group LLC 0.74% of their portfolio NEW YORK, NY 20,700,00020.7m $18.0m $18.0m 0.74% Unchanged
15 D. E. Shaw & Co., Inc. 0.02% of their portfolio New York, NY 16,989,00017.0m $14.7m $14.7m 0.02% Reduced -45.7m -45,745,000
16 Jefferies Financial Group Inc. 0.27% of their portfolio NEW YORK, NY 15,515,00015.5m $13.5m $13.5m 0.27% Reduced -4.9m -4,869,000
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,348,00015.3m $13.3m $13.3m 0.00% Added +5.3m +5,292,000
18 Davidson Kempner Capital Management LP 0.19% of their portfolio New York, NY 15,000,00015.0m $12.9m $12.9m 0.19% Not comparable
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 14,570,00014.6m $12.6m $12.6m 0.00% Added +6.7m +6,726,000
20 SSI INVESTMENT MANAGEMENT LLC 0.75% of their portfolio Los Angeles, CA 11,476,00011.5m $9.9m $9.9m 0.75% Added +3.5m +3,483,000
21 BlackRock Inc. 0.00% of their portfolio New York, NY 10,225,00010.2m $8.8m $8.8m 0.00% Added +1.2m +1,200,000
22 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 8,219,0008.2m $7.1m $7.1m 0.00% New
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 8,002,0008.0m $6.9m $6.9m 0.00% New
24 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 7,646,0007.6m $6.6m $6.6m 0.01% New
25 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 7,057,0007.1m $6.1m $6.1m 0.01% Unchanged
26 Verition Fund Management LLC 0.05% of their portfolio GREENWICH, CT 6,527,0006.5m $5.7m $5.7m 0.05% Added +6.5m +6,520,473
27 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 6,325,0006.3m $5.5m $5.5m 0.01% New
28 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,022,0006.0m $5.2m $5.2m 0.00% Reduced -615.0k -615,000
29 RWC Asset Management LLP 0.30% of their portfolio LONDON, X0 5,500,0005.5m $4.8m $4.8m 0.30% New
30 RATIONAL ADVISORS, INC. 0.40% of their portfolio San Juan, PR 5,020,0005.0m $4.3m $4.3m 0.40% Added +2.0m +2,000,000
31 PIER 88 INVESTMENT PARTNERS LLC 1.06% of their portfolio SAN FRANCISCO, CA 5,020,0005.0m $4.3m $4.3m 1.06% Added +2.0m +2,000,000
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 5,000,0005.0m $4.3m $4.3m 0.00% Unchanged
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,000,0005.0m $4.3m $4.3m 0.00% New
34 SHENKMAN CAPITAL MANAGEMENT INC 0.25% of their portfolio NEW YORK, NY 4,120,0004.1m $3.6m $3.6m 0.25% New
35 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 4,052,0004.1m $3.5m $3.5m 0.01% Added +552.0k +552,000
36 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 2,000,0002.0m $1.7m $1.7m 0.05% Unchanged
37 AGF MANAGEMENT LTD 0.00% of their portfolio TORONTO, A6 950,000950.0k $819.4k $819.4k 0.00% Unchanged
38 Liberty Mutual Group Asset Management Inc. 0.20% of their portfolio Boston, MA 828,000828.0k $714.1k $714.1k 0.20% Added +400.0k +400,000
39 BASSO CAPITAL MANAGEMENT, L.P. 0.65% of their portfolio STAMFORD, CT 800,000800.0k $690.0k $690.0k 0.65% Unchanged
40 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 800,000800.0k $694.2k $694.2k 0.00% Unchanged
41 Central Pacific Bank - Trust Division 0.07% of their portfolio HONOLULU, HI 617,000617.0k $530.5k $530.5k 0.07% First filing
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 417,000417.0k $359.7k $359.7k 0.00% New
43 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 240,000240.0k $207.0k $207.0k 0.01% Added +71.0k +71,000
44 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 179,000179.0k $155.2k $155.2k 0.01% Added +4.0k +4,000
45 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 177,000177.0k $153.6k $153.6k 0.00% Added +49.0k +49,000
46 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 60,98161.0k $2.8m $2.8m 0.00% Added +26.5k +26,495
47 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 45,00045.0k $38.8k $38.8k 0.00% Added +13.0k +13,000
48 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 31,60031.6k $2.7m $2.7m 0.01% Added +18.2k +18,200
49 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 24,00024.0k $20.7k $20.7k 0.00% Unchanged
50 Context Capital Management, LLC 0.43% of their portfolio LAJOLLA, CA 10,46510.5k $9.1m $9.1m 0.43% Reduced -31.2m -31,169,535
51 Alpine Global Management, LLC 0.38% of their portfolio NEW YORK, NY 4,0004.0k $3.5m $3.5m 0.38% Reduced -1.0k -1,000
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged