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 ($27.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.25. Options: 47 managers hold calls ($1.1bn notional), 49 hold puts ($1.1bn).
Trends to Q4 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 |
| Q4 2023 | 750 |
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 |
| Q4 2023 | 346 | 306 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $352.8m | $424.7m | 1.20 |
| Q2 2023 | $494.9m | $570.6m | 1.15 |
| Q3 2023 | $728.8m | $928.2m | 1.27 |
| Q4 2023 | $1.1bn | $1.1bn | 0.95 |
Biggest buyers
| MORGAN STANLEY | Added | +9.1m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +5.4m |
| Nuveen Asset Management, LLC | Added | +3.3m |
| Qube Research & Technologies Ltd | Added | +2.7m |
| FIRST TRUST ADVISORS LP | Added | +2.5m |
| EAGLE ASSET MANAGEMENT INC | New | +2.5m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +2.5m |
| VANGUARD GROUP INC | Added | +2.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +2.1m |
| MACQUARIE GROUP LTD | Added | +1.8m |
Biggest sellers
| ARK Investment Management LLC | Reduced | -2.3m |
| Jericho Capital Asset Management L.P. | Reduced | -2.2m |
| SCOPUS ASSET MANAGEMENT, L.P. | Reduced | -2.1m |
| Amova Asset Management Americas, Inc. | Reduced | -1.8m |
| Sumitomo Mitsui Trust Group, Inc. | Reduced | -1.7m |
| D. E. Shaw & Co., Inc. | Reduced | -1.6m |
| TWO SIGMA ADVISERS, LP | Reduced | -1.3m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.1m |
| FRED ALGER MANAGEMENT, LLC | Reduced | -914.2k |
| MARSHALL WACE, LLP | Reduced | -871.4k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $215.0m6.1m shares |
| CITADEL ADVISORS LLC | Added | $185.7m5.3m shares |
| BARCLAYS PLC | New | $108.0m3.1m shares |
| SIMPLEX TRADING, LLC | Added | $97.5m2.8m shares |
| JANE STREET GROUP, LLC | Reduced | $91.7m2.6m shares |
| Squarepoint Ops LLC | Added | $56.7m1.6m shares |
| IMC-Chicago, LLC | Added | $47.8m1.4m shares |
| Artisan Partners Limited Partnership | New | $40.7m1.2m shares |
| Twin Tree Management, LP | Reduced | $32.1m910.2k shares |
| WOLVERINE TRADING, LLC | Added | $27.9m792.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $194.0m5.5m shares |
| CITADEL ADVISORS LLC | Reduced | $115.0m3.3m shares |
| D. E. Shaw & Co., Inc. | Added | $113.4m3.2m shares |
| Squarepoint Ops LLC | Added | $71.8m2.0m shares |
| BARCLAYS PLC | New | $65.8m1.9m shares |
| SIMPLEX TRADING, LLC | Reduced | $60.4m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $50.1m1.4m shares |
| IMC-Chicago, LLC | Added | $48.5m1.4m shares |
| UBS Group AG | Added | $43.8m1.2m shares |
| Twin Tree Management, LP | Added | $39.1m1.1m 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q4 2023 | 0 | — | 5 | $136.8m | $28.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-12-20 | Robins Jason Officer, director | Sold | $8.6m244.8k shares |
| 2023-12-19 | Robins Jason Officer, director | Sold | $8.5m238.6k shares |
| 2023-12-13 | Kalish Matthew Officer, director | Sold | $8.9m242.5k shares |
| 2023-12-13 | Robins Jason Officer, director · Held by the Robins Family GST Trust 2021 | Sold | $3.0m83.0k shares |
| 2023-12-12 | Kalish Matthew Officer, director | Sold | $8.8m241.7k shares |
| 2023-12-06 | Liberman Paul Officer, director | Sold | $8.8m247.4k shares |
| 2023-12-05 | Liberman Paul Officer, director | Sold | $9.0m246.8k shares |
| 2023-12-01 | Dodge R Stanton Chief Legal Officer | Sold | $2.0m52.8k shares |
| 2023-11-29 | Dodge R Stanton Chief Legal Officer | Sold | $4.7m123.6k shares |
| 2023-11-28 | Park Jason Chief Financial Officer | Sold | $5.3m140.9k shares |
| 2023-11-21 | Park Jason Chief Financial Officer | Sold plan | $28.7m750.0k shares |
| 2023-11-21 | Robins Jason Officer, director | Sold | $7.7m200.0k shares |
| 2023-11-08 | Robins Jason Officer, director | Sold | $17.9m500.0k shares |
| 2023-11-08 | Dodge R Stanton Chief Legal Officer | Sold | $3.8m105.6k shares |
| 2023-11-06 | Kalish Matthew Officer, director | Sold | $3.6m105.7k shares |
| 2023-11-03 | Kalish Matthew Officer, director | Sold | $109.5k3.2k shares |
| 2023-10-20 | Robins Jason Officer, director | Sold | $5.4m200.0k shares |
| 2023-10-20 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold | $1.8m66.7k 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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 39.3m $1.4bn | Added +2.2m |
| BlackRock Inc. 0.02% of their portfolio | 21.2m $748.8m | Added +1.3m |
| MORGAN STANLEY 0.02% of their portfolio | 14.7m $518.0m | Added +9.1m |
| ARK Investment Management LLC 2.57% of their portfolio | 12.3m $434.2m | Reduced -2.3m |
| WELLINGTON MANAGEMENT GROUP LLP 0.07% of their portfolio | 10.7m $378.5m | Added +5.4m |
| STATE STREET CORP 0.02% of their portfolio | 8.8m $309.7m | Added +449.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.22% of their portfolio | 8.4m $295.8m | Reduced -1.7m |
| Whale Rock Capital Management LLC 4.79% of their portfolio | 7.6m $267.8m | Reduced -725.7k |
| Amova Asset Management Americas, Inc. 2.53% of their portfolio | 7.5m $263.3m | Reduced -1.8m |
| Capital Research Global Investors 0.06% of their portfolio | 7.2m $252.4m | Unchanged |
| Invesco Ltd. 0.06% of their portfolio | 7.1m $251.4m | Reduced -7.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 7.1m $248.8m | Added +347.1k |
| Atlas Venture Advisors, Inc. 40.62% of their portfolio | 6.6m $231.1m | Unchanged |
| LORD, ABBETT & CO. LLC 0.40% of their portfolio | 6.4m $227.1m | Added +206.8k |
| D. E. Shaw & Co., Inc. 0.29% of their portfolio | 5.7m $199.3m | Reduced -1.6m |
| NORGES BANK 0.03% of their portfolio | 5.5m $192.1m | Added +1.4m |
| Qube Research & Technologies Ltd 0.42% of their portfolio | 5.2m $184.2m | Added +2.7m |
| Jericho Capital Asset Management L.P. 5.40% of their portfolio | 5.0m $176.2m | Reduced -2.2m |
| Raine Capital LLC 46.14% of their portfolio | 4.7m $164.8m | Unchanged |
| SECURITY BENEFIT LIFE INSURANCE CO /KS/ 32.58% of their portfolio | 4.6m $163.1m | Unchanged |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 4.5m $158.3m | Added +3.3m |
| TWO SIGMA ADVISERS, LP 0.37% of their portfolio | 4.5m $157.4m | Reduced -1.3m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 4.4m $156.0m | Added +781.1k |
| FIRST TRUST ADVISORS LP 0.16% of their portfolio | 4.2m $149.3m | Added +2.5m |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.8m $132.9m | Reduced -670.8k |
| FMR LLC 0.01% of their portfolio | 3.6m $125.9m | Reduced -91.9k |
| MILLENNIUM MANAGEMENT LLC 0.11% of their portfolio | 3.3m $118.0m | Added +1.5m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.44% of their portfolio | 3.2m $112.0m | Added +2.5m |
| DAVENPORT & Co LLC 0.73% of their portfolio | 3.0m $105.1m | Reduced -341.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 2.9m $101.9m | Added +102.5k |
| 1832 Asset Management L.P. 0.18% of their portfolio | 2.8m $97.4m | Added +119.7k |
| EAGLE ASSET MANAGEMENT INC 0.47% of their portfolio | 2.5m $87.8m | New |
| TWO SIGMA INVESTMENTS, LP 0.21% of their portfolio | 2.5m $86.7m | Reduced -1.1m |
| BAMCO INC /NY/ 0.23% of their portfolio | 2.4m $84.5m | Added +217.9k |
| Squarepoint Ops LLC 0.33% of their portfolio | 2.3m $80.8m | Added +1.3m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $80.5m | Reduced -65.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.12% of their portfolio | 2.3m $80.2m | Added +1.2m |
| SAMLYN CAPITAL, LLC 1.67% of their portfolio | 2.2m $76.7m | Reduced -825.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio | 2.1m $72.8m | New |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 2.0m $72.1m | Added +707.9k |
| MACQUARIE GROUP LTD 0.08% of their portfolio | 2.0m $71.3m | Added +1.8m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.0m $70.2m | Added +115.0k |
| Contrarius Investment Management Ltd 3.57% of their portfolio | 1.9m $66.3m | Reduced -232.5k |
| FRED ALGER MANAGEMENT, LLC 0.35% of their portfolio | 1.9m $65.7m | Reduced -914.2k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.35% of their portfolio | 1.7m $59.5m | New |
| Hood River Capital Management LLC 1.60% of their portfolio | 1.7m $58.3m | Reduced -3.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.6m $56.1m | Added +179.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 1.4m $49.6m | Reduced -37.7k |
| JAT Capital Mgmt LP 9.26% of their portfolio | 1.4m $49.0m | Added +146.3k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $46.0m | Reduced -34.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.3m $45.9m | Reduced -785 |
| FEDERATED HERMES, INC. 0.11% of their portfolio | 1.3m $45.4m | Added +903.6k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.3m $44.5m | Added +5.5k |
| Amundi 0.02% of their portfolio | 1.3m $43.0m | Added +736.1k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.79% of their portfolio | 1.2m $42.3m | Reduced -2.1m |
| Cresset Asset Management, LLC 0.24% of their portfolio | 1.1m $38.8m | Reduced -202.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $37.6m | Added +347.3k |
| Cubist Systematic Strategies, LLC 0.46% of their portfolio | 1.1m $37.0m | Added +910.6k |
| Robeco Institutional Asset Management B.V. 0.09% of their portfolio | 1.0m $37.0m | Added +1.0m |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 1.0m $36.4m | Added +793.1k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.08% of their portfolio | 1.0m $35.9m | Added +84.3k |
| TREMBLANT CAPITAL GROUP 4.01% of their portfolio | 995.0k $35.1m | Added +416.7k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 989.6k $34.9m | Reduced -35.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 932.4k $32.9m | Added +111.1k |
| Legal & General Group Plc 0.01% of their portfolio | 900.3k $31.7m | Added +94.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 896.0k $31.6m | Added +80.2k |
| Hodges Capital Management Inc. 1.71% of their portfolio | 895.1k $31.6m | Added +492.6k |
| CREDIT SUISSE AG/ 0.03% of their portfolio | 806.8k $28.4m | Added +55.1k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 796.7k $28.1m | Added +147.1k |
| California Public Employees Retirement System 0.02% of their portfolio | 766.5k $27.0m | Reduced -25.4k |
| UBS Group AG 0.01% of their portfolio | 755.8k $26.6m | Added +60.7k |
| WT Asset Management Ltd 3.34% of their portfolio | 754.8k $26.6m | New |
| Artisan Partners Limited Partnership 0.04% of their portfolio | 753.1k $26.5m | Reduced -510.7k |
| National Pension Service 0.04% of their portfolio | 742.9k $26.2m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 665.7k $23.5m | Added +69.4k |
| Aquatic Capital Management LLC 0.59% of their portfolio | 661.4k $23.3m | Added +629.3k |
| Granger Management LLC 8.46% of their portfolio | 658.9k $23.2m | Added +824 |
| Connor, Clark & Lunn Investment Management Ltd. 0.11% of their portfolio | 644.4k $22.7m | Added +445.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 634.7k $22.4m | Reduced -303.4k |
| MAPLELANE CAPITAL, LLC 2.51% of their portfolio | 617.0k $21.7m | Added +357.0k |
| Calixto Global Investors, LP 14.99% of their portfolio | 570.1k $20.1m | Added +256.1k |
| Carnegie Investment Counsel 0.66% of their portfolio | 549.2k $19.4m | Reduced -35.4k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 545.2k $19.2m | Reduced -2.6k |
| BARCLAYS PLC 0.01% of their portfolio | 538.8k $19.0m | Added +307.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 521.1k $18.4m | Added +297.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.07% of their portfolio | 514.1k $18.1m | New |
| Driehaus Capital Management LLC 0.22% of their portfolio | 512.3k $18.1m | Reduced -50.3k |
| Davidson Kempner Capital Management LP 0.31% of their portfolio | 500.0k $17.6m | Added +250.0k |
| PUTNAM INVESTMENTS LLC 0.02% of their portfolio | 495.6k $17.5m | Added +360.0k |
| ATWOOD & PALMER INC 1.36% of their portfolio | 477.1k $16.8m | Added +476.7k |
| Jefferies Financial Group Inc. 0.26% of their portfolio | 472.2k $16.6m | Added +7.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 460.0k $16.2m | Reduced -105.5k |
| LPL Financial LLC 0.01% of their portfolio | 459.6k $16.2m | Added +12.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 439.8k $15.5m | Reduced -8.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 435.0k $15.3m | Added +21.5k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 431.4k $15.2m | Added +56.7k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 428.8k $15.1m | Reduced -871.4k |
| Duquesne Family Office LLC 0.48% of their portfolio | 423.9k $14.9m | New |
| GROUP ONE TRADING LLC 0.47% of their portfolio | 421.9k $14.9m | Reduced -154.3k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.80% of their portfolio | 419.6k $14.8m | Reduced -313.8k |