Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

57 institutional holders -1 vs Q3 2024
22,116,40822.1m shares reported held*
$1.0bnreported value*
9 new 20 added 15 reduced 9 sold out net bought ≈ $14.0m (-20.9m 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 ($639.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.14.

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 53Q4 22: 54Q1 23: 51Q2 23: 52Q3 23: 53Q4 23: 49Q1 24: 52Q2 24: 60Q3 24: 58Q4 24: 5757Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352
Q3 202353
Q4 202349
Q1 202452
Q2 202460
Q3 202458
Q4 202457

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 23: 18 bought or addedQ1 23: 28 cut or sold outQ2 23: 23 bought or addedQ2 23: 26 cut or sold outQ2 23Q3 23: 22 bought or addedQ3 23: 27 cut or sold outQ4 23: 24 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 29 bought or addedQ1 24: 13 cut or sold outQ2 24: 20 bought or addedQ2 24: 25 cut or sold outQ2 24Q3 24: 26 bought or addedQ3 24: 27 cut or sold outQ4 24: 29 bought or addedQ4 24: 24 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 20231828
Q2 20232326
Q3 20232227
Q4 20232420
Q1 20242913
Q2 20242025
Q3 20242627
Q4 20242924

Biggest buyers

LORD, ABBETT & CO. LLC New +17,505,000+17.5m
WELLINGTON MANAGEMENT GROUP LLP Added +13,335,000+13.3m
BANK OF MONTREAL /CAN/ Added +12,105,000+12.1m
TWO SIGMA INVESTMENTS, LP New +11,000,000+11.0m
READYSTATE ASSET MANAGEMENT LP New +10,000,000+10.0m
Linden Advisors LP Added +8,812,000+8.8m
Point72 Asset Management, L.P. New +8,000,000+8.0m
RATIONAL ADVISORS, INC. Added +5,300,000+5.3m
PIER 88 INVESTMENT PARTNERS LLC Added +5,300,000+5.3m
LAZARD ASSET MANAGEMENT LLC Added +3,769,000+3.8m

Biggest sellers

AVIVA PLC Sold out -25,000,000-25.0m
LORD, ABBETT & CO. LLC Sold out -22,518,000-22.5m
Verition Fund Management LLC Sold out -8,058,000-8.1m
AQR Arbitrage LLC Reduced -7,500,000-7.5m
JPMORGAN CHASE & CO Reduced -6,347,000-6.3m
BANK OF AMERICA CORP /DE/ Reduced -6,262,200-6.3m
Jump Financial, LLC Reduced -5,000,000-5.0m
CITIGROUP INC Reduced -3,319,000-3.3m
SHENKMAN CAPITAL MANAGEMENT INC Sold out -2,901,000-2.9m
BARCLAYS PLC Reduced -2,645,000-2.6m

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Linden Advisors LP 2.02% of their portfolio New York, NY 286,119,000286.1m $244.2m $244.2m 2.02% Added +8.8m +8,812,000
2 VOYA INVESTMENT MANAGEMENT LLC 0.14% of their portfolio ATLANTA, GA 156,305,000156.3m $133.8m $133.8m 0.14% Unchanged
3 WOLVERINE ASSET MANAGEMENT LLC 2.27% of their portfolio CHICAGO, IL 148,752,000148.8m $127.1m $127.1m 2.27% Unchanged
4 Calamos Advisors LLC 0.36% of their portfolio NAPERVILLE, IL 90,742,00090.7m $77.4m $77.4m 0.36% Reduced -329.0k -329,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.67% of their portfolio NEW YORK, NY 83,926,00083.9m $71.8m $71.8m 1.67% Added +3.7m +3,723,000
6 Magnetar Financial LLC 0.82% of their portfolio EVANSTON, IL 41,594,00041.6m $35.5m $35.5m 0.82% Added +1.5m +1,500,000
7 Amundi 0.01% of their portfolio Paris, I0 39,029,00039.0m $33.2m $33.2m 0.01% Reduced -75.0k -75,000
8 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 32,717,00032.7m $27.9m $27.9m 0.01% Added +13.3m +13,335,000
9 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 29,257,00029.3m $24.9m $24.9m 0.00% Added +3.0m +3,007,000
10 DeepCurrents Investment Group LLC 0.80% of their portfolio NEW YORK, NY 28,229,00028.2m $24.1m $24.1m 0.80% Unchanged
11 AQR Arbitrage LLC 0.56% of their portfolio Greenwich, CT 27,555,00027.6m $23.6m $23.6m 0.56% Reduced -7.5m -7,500,000
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 19,142,00019.1m $16.3m $16.3m 0.00% Added +1.7m +1,715,000
13 LORD, ABBETT & CO. LLC 0.05% of their portfolio JERSEY CITY, NJ 17,505,00017.5m $14.9m $14.9m 0.05% New
14 SONA ASSET MANAGEMENT (US) LLC 0.66% of their portfolio NEW YORK, NY 15,000,00015.0m $12.8m $12.8m 0.66% Unchanged
15 Jefferies Financial Group Inc. 0.13% of their portfolio NEW YORK, NY 13,436,00013.4m $11.5m $11.5m 0.13% Added +1.3m +1,259,000
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 13,000,00013.0m $11.1m $11.1m 0.00% Added +2.4m +2,350,000
17 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 12,611,00012.6m $9.0m $9.0m 0.00% Added +12.1m +12,105,000
18 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 12,409,00012.4m $10.6m $10.6m 0.01% Added +563.0k +563,000
19 SSI INVESTMENT MANAGEMENT LLC 0.77% of their portfolio Los Angeles, CA 12,066,00012.1m $10.3m $10.3m 0.77% Added +14.0k +14,000
20 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 11,000,00011.0m $9.4m $9.4m 0.02% New
21 READYSTATE ASSET MANAGEMENT LP 0.36% of their portfolio CHICAGO, IL 10,000,00010.0m $8.6m $8.6m 0.36% New
22 RATIONAL ADVISORS, INC. 0.72% of their portfolio San Juan, PR 8,650,0008.7m $7.4m $7.4m 0.72% Added +5.3m +5,300,000
23 PIER 88 INVESTMENT PARTNERS LLC 1.45% of their portfolio SAN FRANCISCO, CA 8,650,0008.7m $7.4m $7.4m 1.45% Added +5.3m +5,300,000
24 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 8,000,0008.0m $6.8m $6.8m 0.02% New
25 Western Asset Management Company, LLC 10.51% of their portfolio Pasadena, CA 7,730,0007.7m $6.6m $6.6m 10.51% Reduced -2.5m -2,470,000
26 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 5,638,0005.6m $4.8m $4.8m 0.01% Added +3.8m +3,769,000
27 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,061,0005.1m $4.3m $4.3m 0.00% Reduced -3.3m -3,319,000
28 Jump Financial, LLC 0.09% of their portfolio Chicago, IL 5,000,0005.0m $4.3m $4.3m 0.09% Reduced -5.0m -5,000,000
29 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 4,315,0004.3m $3.7m $3.7m 0.00% Reduced -2.0m -1,997,000
30 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3,708,0003.7m $3.2m $3.2m 0.00% Added +3.6m +3,630,000
31 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 2,517,0002.5m $2.1m $2.1m 0.00% Reduced -2.5m -2,483,000
32 Mint Tower Capital Management B.V. 0.56% of their portfolio AMSTERDAM, P7 2,500,0002.5m $2.1m $2.1m 0.56% New
33 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,290,0002.3m $2.0m $2.0m 0.00% Reduced -2.6m -2,645,000
34 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.05% of their portfolio CHICAGO, IL 2,000,0002.0m $1.8m $1.8m 0.05% Unchanged
35 Saba Capital Management, L.P. 0.04% of their portfolio NEW YORK, NY 2,000,0002.0m $1.7m $1.7m 0.04% Unchanged
36 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,777,0001.8m $1.5m $1.5m 0.00% New
37 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,340,0001.3m $1.1m $1.1m 0.00% New
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,135,0001.1m $968.0k $968.0k 0.00% New
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 797,000797.0k $680.1k $680.1k 0.00% Reduced -6.3m -6,347,000
40 Paloma Partners Management Co 0.04% of their portfolio GREENWICH, CT 750,000750.0k $639.9k $639.9k 0.04% Unchanged
41 Central Pacific Bank - Trust Division 0.06% of their portfolio HONOLULU, HI 550,000550.0k $468.1k $468.1k 0.06% Reduced -67.0k -67,000
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 500,000500.0k $426.4k $426.4k 0.00% Reduced -300.0k -300,000
43 NOMURA HOLDINGS INC 0.08% of their portfolio TOKYO, M0 398,208398.2k $14.8m $14.8m 0.08% Unchanged
44 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 160,000160.0k $136.4k $136.4k 0.01% Reduced -26.0k -26,000
45 FIRST HAWAIIAN BANK 0.00% of their portfolio HONOLULU, HI 142,000142.0k $120.8k $120.8k 0.00% Reduced -21.0k -21,000
46 CHOREO, LLC 0.00% of their portfolio ROCKFORD, IL 84,00084.0k $71.4k $71.4k 0.00% Added +7.0k +7,000
47 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 46,00046.0k $39.1k $39.1k 0.00% First filing
48 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 45,00045.0k $38.3k $38.3k 0.00% Unchanged
49 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 41,00041.0k $34.9k $34.9k 0.00% Added +3.0k +3,000
50 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 39,10039.1k $3.3m $3.3m 0.01% Added +14.1k +14,100
51 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 30,00030.0k $25.5k $25.5k 0.00% Added +1.0k +1,000
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 25,00025.0k $21.2k $21.2k 0.00% Added +15.0k +15,000
53 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 21,40021.4k $18.2k $18.2k 0.00% Reduced -6.3m -6,262,200
54 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 5,0005.0k $4.3k $4.3k 0.00% Unchanged
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,5004.5k $3.8k $3.8k 0.00% Unchanged
56 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 200200 $170.6k $170.6k 0.01% New
57 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged