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 ($242.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.15. Options: 59 managers hold calls ($1.4bn notional), 38 hold puts ($758.7m).
Trends to Q2 2024
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 |
| Q1 2024 | 818 |
| Q2 2024 | 802 |
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 |
| Q1 2024 | 403 | 361 |
| Q2 2024 | 416 | 349 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $728.8m | $928.2m | 1.27 |
| Q4 2023 | $1.1bn | $1.1bn | 0.95 |
| Q1 2024 | $1.4bn | $1.4bn | 0.99 |
| Q2 2024 | $1.4bn | $758.7m | 0.56 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | New | +9.8m |
| BlackRock Inc. | Added | +9.5m |
| MARSHALL WACE, LLP | Added | +3.7m |
| MACQUARIE GROUP LTD | Added | +2.7m |
| AMERIPRISE FINANCIAL INC | Added | +2.2m |
| Holocene Advisors, LP | New | +2.1m |
| FMR LLC | Added | +1.9m |
| JUPITER ASSET MANAGEMENT LTD | Added | +1.5m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Added | +1.5m |
| JPMORGAN CHASE & CO | Added | +1.4m |
Biggest sellers
| MORGAN STANLEY | Reduced | -15.6m |
| LORD, ABBETT & CO. LLC | Reduced | -7.4m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.7m |
| ARK Investment Management LLC | Reduced | -2.5m |
| Qube Research & Technologies Ltd | Reduced | -2.5m |
| COATUE MANAGEMENT LLC | Sold out | -2.3m |
| Squarepoint Ops LLC | Sold out | -2.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.9m |
| Hood River Capital Management LLC | Sold out | -1.8m |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -1.6m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $192.7m5.0m shares |
| CITADEL ADVISORS LLC | Reduced | $184.6m4.8m shares |
| UBS Group AG | Added | $147.7m3.9m shares |
| JANE STREET GROUP, LLC | Added | $85.3m2.2m shares |
| SIMPLEX TRADING, LLC | Reduced | $82.1m2.1m shares |
| BARCLAYS PLC | Reduced | $67.9m1.8m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $62.2m1.6m shares |
| IMC-Chicago, LLC | Added | $61.3m1.6m shares |
| Walleye Trading LLC | Added | $59.1m1.5m shares |
| Twin Tree Management, LP | Reduced | $52.5m1.4m shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $110.5m2.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $101.2m2.7m shares |
| JANE STREET GROUP, LLC | Added | $76.9m2.0m shares |
| SIMPLEX TRADING, LLC | Reduced | $58.2m1.5m shares |
| IMC-Chicago, LLC | Reduced | $50.8m1.3m shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $35.2m922.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $33.1m866.1k shares |
| Twin Tree Management, LP | Reduced | $30.5m800.2k shares |
| D. E. Shaw & Co., Inc. | Reduced | $30.3m795.1k shares |
| Squarepoint Ops LLC | Reduced | $26.9m704.5k 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 Q2 2024
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 |
|---|---|---|---|---|---|
| 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 |
| Q1 2024 | 0 | — | 3 | $87.1m | — |
| Q2 2024 | 0 | — | 4 | $61.0m | $26.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-25 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $23.3m600.2k shares |
| 2024-06-25 | Liberman Paul Officer, director · Held by the Paul Liberman 2020 Trust | Sold plan | $2.7m68.7k shares |
| 2024-06-14 | SLOAN HARRY Director | Sold | $9.5m250.0k shares |
| 2024-06-06 | Moore Jocelyn Director | Sold plan | $51.4k1.4k shares |
| 2024-06-05 | Moore Jocelyn Director | Sold plan | $52.1k1.4k shares |
| 2024-05-21 | Robins Jason Officer, director | Sold | $8.7m200.0k shares |
| 2024-05-08 | Robins Jason Officer, director | Sold | $8.5m200.0k shares |
| 2024-04-22 | Robins Jason Officer, director | Sold | $8.2m200.0k 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, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 40.8m $1.6bn | Added +803.2k |
| BlackRock Inc. 0.03% of their portfolio | 30.8m $1.2bn | Added +9.5m |
| WELLINGTON MANAGEMENT GROUP LLP 0.16% of their portfolio | 23.2m $884.7m | Added +51.1k |
| T. Rowe Price Investment Management, Inc. 0.24% of their portfolio | 9.8m $374.9m | New |
| MARSHALL WACE, LLP 0.51% of their portfolio | 9.4m $359.2m | Added +3.7m |
| STATE STREET CORP 0.02% of their portfolio | 9.2m $351.5m | Added +505.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 7.7m $293.5m | Added +371.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.19% of their portfolio | 6.8m $258.0m | Reduced -901.0k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 6.7m $254.0m | Reduced -50.6k |
| Invesco Ltd. 0.05% of their portfolio | 6.6m $250.8m | Reduced -404.1k |
| ARK Investment Management LLC 2.10% of their portfolio | 6.2m $236.2m | Reduced -2.5m |
| Amova Asset Management Americas, Inc. 2.60% of their portfolio | 5.9m $225.6m | Reduced -824.3k |
| Atlas Venture Advisors, Inc. 49.49% of their portfolio | 5.9m $225.0m | Unchanged |
| Capital Research Global Investors 0.05% of their portfolio | 5.8m $223.2m | Reduced -713.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 5.8m $220.5m | Added +442.0k |
| MORGAN STANLEY 0.02% of their portfolio | 5.7m $219.4m | Reduced -15.6m |
| NORGES BANK 0.03% of their portfolio | 5.7m $215.9m | Added +412.6k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 5.7m $215.9m | Added +2.2m |
| FMR LLC 0.01% of their portfolio | 5.6m $215.3m | Added +1.9m |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 5.2m $199.7m | Added +2.7m |
| Whale Rock Capital Management LLC 2.80% of their portfolio | 5.2m $197.8m | Reduced -996.3k |
| Jericho Capital Asset Management L.P. 5.56% of their portfolio | 4.8m $184.9m | Reduced -150.7k |
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 4.5m $171.9m | Added +153.6k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 4.0m $153.5m | Added +1.1m |
| EAGLE ASSET MANAGEMENT INC 0.79% of their portfolio | 3.9m $146.4m | Added +622.7k |
| AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 3.9m $144.9m | Added +870.8k |
| D. E. Shaw & Co., Inc. 0.20% of their portfolio | 3.8m $144.2m | Reduced -1.5m |
| SAMLYN CAPITAL, LLC 2.45% of their portfolio | 3.7m $142.4m | Added +1.0m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.6m $135.9m | Added +1.4m |
| FIRST TRUST ADVISORS LP 0.14% of their portfolio | 3.5m $132.4m | Reduced -815.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.65% of their portfolio | 3.5m $132.1m | Added +1.5m |
| FRED ALGER MANAGEMENT, LLC 0.59% of their portfolio | 3.2m $120.9m | Added +239.0k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.1m $117.9m | Added +777.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.1m $117.9m | Added +146.2k |
| DAVENPORT & Co LLC 0.64% of their portfolio | 2.7m $101.2m | Added +375.6k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.4m $93.3m | Added +264.0k |
| BAMCO INC /NY/ 0.26% of their portfolio | 2.4m $91.3m | Unchanged |
| Holocene Advisors, LP 0.34% of their portfolio | 2.1m $80.8m | New |
| Allspring Global Investments Holdings, LLC 0.13% of their portfolio | 2.1m $80.2m | Added +213.7k |
| SCOPUS ASSET MANAGEMENT, L.P. 2.49% of their portfolio | 2.1m $79.5m | Reduced -17.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 2.0m $74.6m | Reduced -1.6m |
| UBS Group AG 0.02% of their portfolio | 1.9m $73.6m | Added +107.0k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.9m $71.9m | Reduced -81.1k |
| FEDERATED HERMES, INC. 0.16% of their portfolio | 1.8m $68.8m | Added +92.7k |
| Point72 Asset Management, L.P. 0.21% of their portfolio | 1.7m $65.4m | Added +542.0k |
| Legal & General Group Plc 0.02% of their portfolio | 1.6m $62.1m | Added +711.4k |
| JUPITER ASSET MANAGEMENT LTD 0.58% of their portfolio | 1.6m $61.5m | Added +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.6m $59.8m | Reduced -11.1k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.5m $58.0m | Added +150.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.4m $55.2m | Added +474.6k |
| Raine Capital LLC 25.73% of their portfolio | 1.4m $52.8m | Added +328.1k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $48.4m | Added +10.9k |
| Contrarius Investment Management Ltd 3.02% of their portfolio | 1.3m $48.2m | Reduced -3.9k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 1.2m $47.0m | Added +773.8k |
| Cresset Asset Management, LLC 0.20% of their portfolio | 1.2m $46.3m | Added +114.3k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.43% of their portfolio | 1.2m $43.9m | New |
| 1832 Asset Management L.P. 0.08% of their portfolio | 1.1m $43.8m | Reduced -1.3m |
| Capital International Investors 0.01% of their portfolio | 1.1m $42.1m | New |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.1m $41.3m | Added +14.8k |
| Blue Whale Capital LLP 3.75% of their portfolio | 1.0m $39.3m | New |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.14% of their portfolio | 1.0m $39.0m | Added +19.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 945.5k $36.1m | Reduced -54.1k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 927.1k $35.4m | Reduced -1.3m |
| TREMBLANT CAPITAL GROUP 4.01% of their portfolio | 923.4k $35.2m | Added +87.3k |
| Shellback Capital, LP 2.52% of their portfolio | 900.0k $34.4m | Added +250.0k |
| MOORE CAPITAL MANAGEMENT, LP 0.72% of their portfolio | 856.6k $32.7m | Added +777.2k |
| Amundi 0.01% of their portfolio | 821.1k $30.7m | Added +471.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 788.3k $30.1m | Added +41.9k |
| TD Asset Management Inc 0.03% of their portfolio | 768.1k $29.3m | Added +698.9k |
| California Public Employees Retirement System 0.02% of their portfolio | 767.2k $29.3m | Added +16.8k |
| Jefferies Financial Group Inc. 0.57% of their portfolio | 762.2k $29.1m | Added +15.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 760.8k $29.0m | Reduced -315.9k |
| Hodges Capital Management Inc. 1.95% of their portfolio | 752.4k $28.7m | Added +109.5k |
| National Pension Service 0.03% of their portfolio | 714.8k $27.3m | Added +29.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 697.7k $26.6m | Added +23.5k |
| TWINBEECH CAPITAL LP 0.52% of their portfolio | 694.1k $26.5m | Added +437.7k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 648.6k $24.8m | Added +100.6k |
| Granger Management LLC 3.93% of their portfolio | 617.3k $23.6m | Reduced -34.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 597.1k $22.8m | Added +185.5k |
| Aquatic Capital Management LLC 0.78% of their portfolio | 555.3k $21.2m | Added +110.7k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 541.2k $20.7m | Reduced -393.8k |
| Davidson Kempner Capital Management LP 0.34% of their portfolio | 531.9k $20.3m | Reduced -48.1k |
| Alyeska Investment Group, L.P. 0.12% of their portfolio | 527.9k $20.2m | Reduced -1.2m |
| Coastal Bridge Advisors, LLC 4.96% of their portfolio | 523.0k $20.0m | Reduced -249.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 519.4k $19.8m | Added +433.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 507.7k $19.4m | Reduced -285.6k |
| Carnegie Investment Counsel 0.60% of their portfolio | 504.7k $19.3m | Reduced -14.6k |
| ATWOOD & PALMER INC 1.43% of their portfolio | 495.2k $18.9m | Added +5.7k |
| Cetera Investment Advisers 0.04% of their portfolio | 479.7k $18.3m | Reduced -63.1k |
| LPL Financial LLC 0.01% of their portfolio | 470.7k $18.0m | Reduced -22.8k |
| BARCLAYS PLC 0.01% of their portfolio | 446.1k $17.0m | Added +20.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 436.1k $16.6m | Added +75.8k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 429.6k $16.4m | Added +29.4k |
| SG Americas Securities, LLC 0.10% of their portfolio | 416.1k $15.9m | Added +411.7k |
| US BANCORP \DE\ 0.02% of their portfolio | 408.9k $15.6m | Added +387.9k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 397.9k $15.2m | Added +4.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 394.3k $15.1m | Reduced -31.3k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio | 362.4k $13.8m | Reduced -55.2k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 358.1k $13.7m | Added +14.0k |
| Driehaus Capital Management LLC 0.13% of their portfolio | 355.7k $13.6m | Reduced -126.1k |