Vault-13

DRAFTKINGS INC NEW DKNG 0 03.15.28

NOTE 3/1 · US DOMESTIC · CUSIP 26142RAB0

53 institutional holders -4 vs Q4 2024
21,884,40821.9m shares reported held*
$1.2bnreported value*
8 new 8 added 22 reduced 12 sold out net bought ≈ $177.8m (-232.0k 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 ≈ $55.60.

Trends to Q1 2025

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: 57Q1 25: 5353Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202253
Q4 202254
Q1 202351
Q2 202352
Q3 202353
Q4 202349
Q1 202452
Q2 202460
Q3 202458
Q4 202457
Q1 202553

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 23: 23 bought or addedQ2 23: 26 cut or sold outQ3 23: 22 bought or addedQ3 23: 27 cut or sold outQ3 23Q4 23: 24 bought or addedQ4 23: 20 cut or sold outQ1 24: 29 bought or addedQ1 24: 13 cut or sold outQ1 24Q2 24: 20 bought or addedQ2 24: 25 cut or sold outQ3 24: 26 bought or addedQ3 24: 27 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 24 cut or sold outQ1 25: 16 bought or addedQ1 25: 34 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20232326
Q3 20232227
Q4 20232420
Q1 20242913
Q2 20242025
Q3 20242627
Q4 20242924
Q1 20251634

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +278,305,000+278.3m
BlackRock, Inc. Added +38,310,000+38.3m
Thrivent Financial for Lutherans New +23,640,000+23.6m
Calamos Advisors LLC Added +11,294,000+11.3m
FMR LLC New +11,272,000+11.3m
MILLENNIUM MANAGEMENT LLC New +9,352,000+9.4m
BANK OF AMERICA CORP /DE/ Added +6,931,000+6.9m
Point72 Asset Management, L.P. Added +4,500,000+4.5m
RWC Asset Management LLP New +3,500,000+3.5m
BARCLAYS PLC Added +2,313,000+2.3m

Biggest sellers

Magnetar Financial LLC Reduced -32,000,000-32.0m
Linden Advisors LP Reduced -29,357,000-29.4m
MORGAN STANLEY Reduced -13,240,000-13.2m
LORD, ABBETT & CO. LLC Reduced -12,652,000-12.7m
BANK OF MONTREAL /CAN/ Sold out -12,611,000-12.6m
TWO SIGMA INVESTMENTS, LP Sold out -11,000,000-11.0m
AQR Arbitrage LLC Reduced -10,621,000-10.6m
WOLVERINE ASSET MANAGEMENT LLC Reduced -10,000,000-10.0m
READYSTATE ASSET MANAGEMENT LP Sold out -10,000,000-10.0m
WELLINGTON MANAGEMENT GROUP LLP Reduced -7,550,000-7.5m

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VOYA INVESTMENT MANAGEMENT LLC 0.21% of their portfolio ATLANTA, GA 434,610,000434.6m $380.5m $380.5m 0.21% Added +278.3m +278,305,000
2 Linden Advisors LP 1.52% of their portfolio New York, NY 256,762,000256.8m $224.5m $224.5m 1.52% Reduced -29.4m -29,357,000
3 WOLVERINE ASSET MANAGEMENT LLC 2.36% of their portfolio CHICAGO, IL 138,752,000138.8m $121.4m $121.4m 2.36% Reduced -10.0m -10,000,000
4 Calamos Advisors LLC 0.42% of their portfolio NAPERVILLE, IL 102,036,000102.0m $89.1m $89.1m 0.42% Added +11.3m +11,294,000
5 ADVENT CAPITAL MANAGEMENT /DE/ 1.54% of their portfolio NEW YORK, NY 77,015,00077.0m $67.4m $67.4m 1.54% Reduced -6.9m -6,911,000
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 51,310,00051.3m $44.7m $44.7m 0.00% Added +38.3m +38,310,000
7 Amundi 0.01% of their portfolio Paris, I0 39,029,00039.0m $34.0m $34.0m 0.01% Unchanged
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 26,807,00026.8m $23.4m $23.4m 0.00% Reduced -2.5m -2,450,000
9 DeepCurrents Investment Group LLC 0.80% of their portfolio NEW YORK, NY 26,229,00026.2m $23.0m $23.0m 0.80% Reduced -2.0m -2,000,000
10 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 25,167,00025.2m $22.0m $22.0m 0.00% Reduced -7.5m -7,550,000
11 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 23,640,00023.6m $20.6m $20.6m 0.05% New
12 AQR Arbitrage LLC 0.36% of their portfolio Greenwich, CT 16,934,00016.9m $14.8m $14.8m 0.36% Reduced -10.6m -10,621,000
13 SONA ASSET MANAGEMENT (US) LLC 0.50% of their portfolio NEW YORK, NY 15,000,00015.0m $13.1m $13.1m 0.50% Unchanged
14 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 12,500,00012.5m $10.9m $10.9m 0.03% Added +4.5m +4,500,000
15 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 12,409,00012.4m $10.8m $10.8m 0.02% Unchanged
16 SSI INVESTMENT MANAGEMENT LLC 0.83% of their portfolio Los Angeles, CA 12,196,00012.2m $10.6m $10.6m 0.83% Added +130.0k +130,000
17 FMR LLC 0.00% of their portfolio BOSTON, MA 11,272,00011.3m $9.8m $9.8m 0.00% New
18 Magnetar Financial LLC 0.11% of their portfolio EVANSTON, IL 9,594,0009.6m $8.4m $8.4m 0.11% Reduced -32.0m -32,000,000
19 Jefferies Financial Group Inc. 0.14% of their portfolio NEW YORK, NY 9,516,0009.5m $8.4m $8.4m 0.14% Reduced -3.9m -3,920,000
20 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 9,352,0009.4m $8.2m $8.2m 0.01% New
21 RATIONAL ADVISORS, INC. 0.76% of their portfolio San Juan, PR 8,650,0008.7m $7.5m $7.5m 0.76% Unchanged
22 PIER 88 INVESTMENT PARTNERS LLC 1.44% of their portfolio SAN FRANCISCO, CA 8,650,0008.7m $7.5m $7.5m 1.44% Unchanged
23 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 6,952,4007.0m $6.1m $6.1m 0.00% Added +6.9m +6,931,000
24 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,902,0005.9m $5.1m $5.1m 0.00% Reduced -13.2m -13,240,000
25 Western Asset Management Company, LLC 10.44% of their portfolio Pasadena, CA 5,690,0005.7m $5.0m $5.0m 10.44% Reduced -2.0m -2,040,000
26 LORD, ABBETT & CO. LLC 0.02% of their portfolio JERSEY CITY, NJ 4,853,0004.9m $4.2m $4.2m 0.02% Reduced -12.7m -12,652,000
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 4,603,0004.6m $4.0m $4.0m 0.00% Added +2.3m +2,313,000
28 RWC Asset Management LLP 0.16% of their portfolio LONDON, X0 3,500,0003.5m $3.1m $3.1m 0.16% New
29 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 3,062,0003.1m $2.7m $2.7m 0.00% Reduced -1.3m -1,253,000
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,571,0002.6m $2.2m $2.2m 0.00% Added +1.8m +1,774,000
31 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.04% of their portfolio CHICAGO, IL 2,000,0002.0m $1.8m $1.8m 0.04% Unchanged
32 Saba Capital Management, L.P. 0.05% of their portfolio NEW YORK, NY 2,000,0002.0m $1.8m $1.8m 0.05% Unchanged
33 MACQUARIE GROUP LTD 0.00% of their portfolio Sydney, NSW 2000, C3 1,777,0001.8m $1.6m $1.6m 0.00% Unchanged
34 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 950,000950.0k $828.3k $828.3k 0.00% New
35 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 763,000763.0k $668.0k $668.0k 0.00% Reduced -4.9m -4,875,000
36 Central Pacific Bank - Trust Division 0.07% of their portfolio HONOLULU, HI 550,000550.0k $478.8k $478.8k 0.07% Unchanged
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 400,000400.0k $349.2k $349.2k 0.00% Reduced -100.0k -100,000
38 NOMURA HOLDINGS INC 0.07% of their portfolio TOKYO, M0 398,208398.2k $13.2m $13.2m 0.07% Unchanged
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 369,000369.0k $322.2k $322.2k 0.00% Reduced -766.0k -766,000
40 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 300,000300.0k $262.0k $262.0k 0.00% First filing
41 Calamos Wealth Management LLC 0.01% of their portfolio NAPERVILLE, IL 158,000158.0k $138.0k $138.0k 0.01% Reduced -2.0k -2,000
42 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 146,000146.0k $127.1k $127.1k 0.00% New
43 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 36,00036.0k $31.3k $31.3k 0.00% Reduced -5.0k -5,000
44 Marcum Wealth, LLC 0.00% of their portfolio CLEVELAND, OH 26,00026.0k $22.6k $22.6k 0.00% Reduced -4.0k -4,000
45 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 22,00022.0k $19.2k $19.2k 0.00% Reduced -3.0k -3,000
46 SG Americas Securities, LLC 0.01% of their portfolio NEW YORK, NY 21,80021.8k $1.9m $1.9m 0.01% Reduced -17.3k -17,300
47 Stonegate Investment Group, LLC 0.00% of their portfolio BIRMINGHAM, AL 13,00013.0k $11.3k $11.3k 0.00% New
48 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,00011.0k $9.6k $9.6k 0.00% Reduced -35.0k -35,000
49 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 5,0005.0k $4.4k $4.4k 0.00% Unchanged
50 UBS Group AG 0.00% of their portfolio ZURICH, V8 4,5004.5k $3.9k $3.9k 0.00% Unchanged
51 ODDO BHF ASSET MANAGEMENT SAS 0.01% of their portfolio PARIS, I0 200200 $174.6k $174.6k 0.01% Unchanged
52 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
53 Erste Asset Management GmbH 0.00% of their portfolio VIENNA, C4 00 $0 $0 0.00% New