DRAFTKINGS INC NEW DKNG
COM CL A · Common Stock · CUSIP 26142V105 · ISIN US26142V1052
Daily fantasy sports content provider
- SectorConsumer discretionary
- IndustryServices-Miscellaneous Amusement & Recreation
- HeadquartersBoston, MA
- Founded2011
- Websitedraftkings.com
- FilingsSEC EDGAR
* 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 ($35.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.43. Options: 36 managers hold calls ($728.8m notional), 45 hold puts ($928.2m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 507 |
| Q4 2022 | 485 |
| Q1 2023 | 513 |
| Q2 2023 | 591 |
| Q3 2023 | 651 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 209 | 244 |
| Q1 2023 | 207 | 228 |
| Q2 2023 | 310 | 217 |
| Q3 2023 | 333 | 257 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $318.9m | $326.9m | 1.03 |
| Q1 2023 | $352.8m | $424.7m | 1.20 |
| Q2 2023 | $494.9m | $570.6m | 1.15 |
| Q3 2023 | $728.8m | $928.2m | 1.27 |
Biggest buyers
| LORD, ABBETT & CO. LLC | New | +6.2m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | New | +3.6m |
| AMERIPRISE FINANCIAL INC | Added | +3.4m |
| SAMLYN CAPITAL, LLC | New | +3.0m |
| 1832 Asset Management L.P. | New | +2.6m |
| BlackRock Inc. | Added | +2.2m |
| Contrarius Investment Management Ltd | New | +2.1m |
| Jericho Capital Asset Management L.P. | Added | +2.0m |
| FMR LLC | Added | +2.0m |
| STATE STREET CORP | Added | +1.7m |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -3.9m |
| ARK Investment Management LLC | Reduced | -3.4m |
| REDPOINT MANAGEMENT, LLC | Sold out | -3.3m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.4m |
| CITADEL ADVISORS LLC | Reduced | -2.2m |
| Amova Asset Management Americas, Inc. | Reduced | -1.7m |
| Capital Research Global Investors | Reduced | -1.7m |
| Raine Capital LLC | Reduced | -1.6m |
| Cubist Systematic Strategies, LLC | Reduced | -1.3m |
| Balyasny Asset Management L.P. | Reduced | -1.3m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $161.0m5.5m shares |
| CITADEL ADVISORS LLC | Added | $110.9m3.8m shares |
| JANE STREET GROUP, LLC | Added | $83.8m2.8m shares |
| SIMPLEX TRADING, LLC | Added | $60.7m2.1m shares |
| UBS Group AG | Added | $52.8m1.8m shares |
| Twin Tree Management, LP | Unchanged | $30.7m1.0m shares |
| Squarepoint Ops LLC | Reduced | $27.6m938.1k shares |
| IMC-Chicago, LLC | Added | $27.5m933.9k shares |
| Parallax Volatility Advisers, L.P. | Added | $21.6m735.0k shares |
| Caption Management, LLC | Added | $19.3m655.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $227.1m7.7m shares |
| CITADEL ADVISORS LLC | Added | $122.6m4.2m shares |
| CITIGROUP INC | Added | $81.3m2.8m shares |
| D. E. Shaw & Co., Inc. | Added | $52.0m1.8m shares |
| SIMPLEX TRADING, LLC | Reduced | $50.8m1.7m shares |
| JANE STREET GROUP, LLC | Added | $47.0m1.6m shares |
| Squarepoint Ops LLC | Added | $41.1m1.4m shares |
| IMC-Chicago, LLC | Added | $35.6m1.2m shares |
| Artisan Partners Limited Partnership | New | $31.9m1.1m shares |
| UBS Group AG | Added | $28.4m965.8k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| CANADIAN IMPERIAL BANK OF COMMERCE /CAN/ 13G · institution new · filed 2026-08-13 | 7.3% |
| AQR CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-08-13 | 6.0% |
| DART KENNETH BRYAN 13G · passive investor new · filed 2026-08-14 | 5.8% |
| JANUS HENDERSON GROUP PLC 13G · institution new · filed 2026-02-17 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.0% |
Fell to 5% or below in the last year: BlackRock, Inc. (4.4%, 2026-07-28), FMR LLC (1.9%, 2026-05-06), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC), JPMORGAN CHASE & CO (4.4%, 2026-03-05)
Insider purchases and sales in Q3 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 6 | $45.9m | — |
| Q2 2023 | 0 | — | 5 | $45.9m | $26.6m |
| Q3 2023 | 0 | — | 5 | $63.2m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-09-06 | Dodge R Stanton Chief Legal Officer | Sold | $872.6k29.1k shares |
| 2023-09-01 | Dodge R Stanton Chief Legal Officer | Sold | $710.7k23.7k shares |
| 2023-08-21 | Robins Jason Officer, director | Sold | $6.8m250.0k shares |
| 2023-08-08 | Robins Jason Officer, director | Sold | $9.6m300.0k shares |
| 2023-08-08 | Kalish Matthew Officer, director | Sold | $8.6m269.4k shares |
| 2023-08-08 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold | $2.1m66.7k shares |
| 2023-08-08 | Dodge R Stanton Chief Legal Officer | Sold | $1.7m52.8k shares |
| 2023-08-04 | Kalish Matthew Officer, director | Sold | $10.7m311.2k shares |
| 2023-07-21 | Robins Jason Officer, director | Sold | $13.9m450.0k shares |
| 2023-07-21 | Dodge R Stanton Chief Legal Officer | Sold | $1.6m52.8k shares |
| 2023-07-12 | Dodge R Stanton Chief Legal Officer | Sold | $6.4m211.1k shares |
| 2023-07-12 | Bradbury Erik Chief Accounting Officer | Sold | $90.4k3.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 37.0m $1.1bn | Added +109.4k |
| BlackRock Inc. 0.02% of their portfolio | 19.9m $586.8m | Added +2.2m |
| ARK Investment Management LLC 3.29% of their portfolio | 14.6m $430.6m | Reduced -3.4m |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 10.1m $298.5m | Reduced -808.9k |
| Amova Asset Management Americas, Inc. 3.27% of their portfolio | 9.3m $273.1m | Reduced -1.7m |
| STATE STREET CORP 0.01% of their portfolio | 8.3m $245.4m | Added +1.7m |
| Whale Rock Capital Management LLC 4.95% of their portfolio | 8.3m $245.1m | Added +206.4k |
| D. E. Shaw & Co., Inc. 0.35% of their portfolio | 7.2m $212.3m | Added +350.3k |
| Capital Research Global Investors 0.06% of their portfolio | 7.2m $210.8m | Reduced -1.7m |
| Jericho Capital Asset Management L.P. 7.17% of their portfolio | 7.2m $210.6m | Added +2.0m |
| Invesco Ltd. 0.06% of their portfolio | 7.1m $210.2m | Added +432.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 6.7m $197.7m | Added +228.2k |
| Atlas Venture Advisors, Inc. 41.01% of their portfolio | 6.6m $193.0m | Unchanged |
| LORD, ABBETT & CO. LLC 0.34% of their portfolio | 6.2m $183.6m | New |
| TWO SIGMA ADVISERS, LP 0.43% of their portfolio | 5.7m $168.4m | Reduced -928.9k |
| MORGAN STANLEY 0.02% of their portfolio | 5.6m $164.1m | Added +230.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 5.4m $158.6m | Added +1.5m |
| Raine Capital LLC 39.83% of their portfolio | 4.7m $137.6m | Reduced -1.6m |
| SECURITY BENEFIT LIFE INSURANCE CO /KS/ 22.34% of their portfolio | 4.6m $136.2m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 4.4m $130.7m | Added +3.4m |
| NORGES BANK 0.02% of their portfolio | 4.1m $119.3m | Reduced -581.1k |
| FMR LLC 0.01% of their portfolio | 3.7m $107.9m | Added +2.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 3.6m $107.3m | New |
| TWO SIGMA INVESTMENTS, LP 0.29% of their portfolio | 3.5m $104.4m | Reduced -3.9m |
| SCOPUS ASSET MANAGEMENT, L.P. 3.67% of their portfolio | 3.3m $97.2m | Added +1.2m |
| DAVENPORT & Co LLC 0.74% of their portfolio | 3.3m $96.2m | Reduced -106.7k |
| SAMLYN CAPITAL, LLC 1.56% of their portfolio | 3.0m $88.4m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.8m $82.1m | Added +39.2k |
| FRED ALGER MANAGEMENT, LLC 0.47% of their portfolio | 2.8m $81.8m | Reduced -765.2k |
| 1832 Asset Management L.P. 0.16% of their portfolio | 2.6m $77.9m | New |
| Qube Research & Technologies Ltd 0.22% of their portfolio | 2.5m $73.6m | Added +990.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.4m $69.2m | Added +531.4k |
| BAMCO INC /NY/ 0.19% of their portfolio | 2.2m $64.2m | Reduced -4.1k |
| Contrarius Investment Management Ltd 3.50% of their portfolio | 2.1m $62.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio | 1.9m $55.5m | Reduced -2.4m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 1.9m $55.2m | Added +404.0k |
| FIRST TRUST ADVISORS LP 0.06% of their portfolio | 1.7m $50.2m | Added +79.1k |
| Hood River Capital Management LLC 1.57% of their portfolio | 1.7m $48.8m | Added +16.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 1.4m $42.5m | Added +1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.4m $41.5m | Added +366.0k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $39.4m | Added +485.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.3m $39.4m | Added +840.8k |
| Cresset Asset Management, LLC 0.27% of their portfolio | 1.3m $38.4m | Reduced -3.3k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $38.3m | Reduced -24.9k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 1.3m $38.3m | Added +185.5k |
| Artisan Partners Limited Partnership 0.06% of their portfolio | 1.3m $37.2m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $37.0m | Added +90.0k |
| JAT Capital Mgmt LP 8.42% of their portfolio | 1.2m $36.6m | Added +827.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.2m $35.7m | Added +126.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.06% of their portfolio | 1.1m $33.0m | Added +866.6k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 1.0m $30.2m | Added +219.8k |
| Squarepoint Ops LLC 0.14% of their portfolio | 995.3k $29.3m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 938.1k $27.6m | Added +258.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 934.6k $27.5m | New |
| CLOUGH CAPITAL PARTNERS L P 2.87% of their portfolio | 909.8k $26.8m | Added +123.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 821.3k $24.2m | Added +448.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 815.7k $24.0m | Added +78.3k |
| Legal & General Group Plc 0.01% of their portfolio | 805.8k $23.7m | Added +196.1k |
| California Public Employees Retirement System 0.02% of their portfolio | 791.9k $23.3m | Added +15.7k |
| Point72 Asset Management, L.P. 0.08% of their portfolio | 759.9k $22.4m | Reduced -1.1m |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 751.7k $22.1m | Reduced -90.5k |
| National Pension Service 0.03% of their portfolio | 742.9k $20.7m | New |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.36% of their portfolio | 733.4k $21.6m | Reduced -249.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 720.3k $21.2m | Added +75.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio | 704.9k $20.8m | Reduced -1.1m |
| UBS Group AG 0.01% of their portfolio | 695.1k $20.5m | Reduced -101.7k |
| Interval Partners, LP 0.80% of their portfolio | 665.7k $19.6m | New |
| Granger Management LLC 8.17% of their portfolio | 658.1k $19.4m | Added +2.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 649.6k $19.1m | Added +172.1k |
| Alyeska Investment Group, L.P. 0.13% of their portfolio | 638.7k $18.8m | Reduced -919.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 629.0k $18.5m | Added +432.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 596.3k $17.6m | Added +110.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 591.2k $17.4m | Added +195.4k |
| Carnegie Investment Counsel 0.66% of their portfolio | 584.6k $17.2m | Reduced -40.7k |
| TREMBLANT CAPITAL GROUP 2.04% of their portfolio | 578.3k $17.0m | New |
| GROUP ONE TRADING LLC 0.67% of their portfolio | 576.1k $17.0m | Added +218.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 565.5k $16.6m | Reduced -199.4k |
| Driehaus Capital Management LLC 0.22% of their portfolio | 562.6k $16.6m | Added +1.1k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 2.15% of their portfolio | 551.9k $16.2m | Added +539.0k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 547.7k $16.1m | Added +2.8k |
| Coastal Bridge Advisors, LLC 4.26% of their portfolio | 540.1k $15.9m | Unchanged |
| EXCHANGE TRADED CONCEPTS, LLC 0.44% of their portfolio | 530.5k $15.6m | Added +74.0k |
| Amundi 0.01% of their portfolio | 520.2k $14.9m | Reduced -218.5k |
| Hudson Bay Capital Management LP 0.07% of their portfolio | 520.0k $15.3m | Added +370.0k |
| Point72 Europe (London) LLP 1.97% of their portfolio | 492.9k $14.5m | Added +313.9k |
| Jefferies Financial Group Inc. 0.34% of their portfolio | 464.4k $13.7m | Added +146 |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 448.8k $13.2m | Added +349.1k |
| LPL Financial LLC 0.01% of their portfolio | 447.5k $13.2m | Added +29.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 413.5k $12.2m | Added +128.3k |
| OSAIC HOLDINGS, INC. 0.02% of their portfolio | 412.3k $12.1m | Added +49.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 408.7k $12.0m | Reduced -50.7k |
| Hodges Capital Management Inc. 1.42% of their portfolio | 402.4k $11.8m | Reduced -18.9k |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 383.0k $11.3m | Added +130.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 376.1k $11.1m | Added +630 |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 374.7k $11.0m | Reduced -2.3k |
| LMR Partners LLP 0.24% of their portfolio | 369.7k $10.9m | Reduced -330.9k |
| Quadrature Capital Ltd 0.21% of their portfolio | 350.4k $10.3m | Added +207.2k |
| OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.18% of their portfolio | 350.0k $10.3m | Added +125.0k |
| Lodge Hill Capital, LLC 3.28% of their portfolio | 340.0k $10.0m | New |
| SEI INVESTMENTS CO 0.02% of their portfolio | 317.4k $9.3m | Added +139.0k |