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 ($234.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.16. Options: 45 managers hold calls ($1.3bn notional), 38 hold puts ($813.7m).
Trends to Q3 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 |
| Q3 2024 | 771 |
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 |
| Q3 2024 | 371 | 373 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.1bn | $1.1bn | 0.95 |
| Q1 2024 | $1.4bn | $1.4bn | 0.99 |
| Q2 2024 | $1.4bn | $758.7m | 0.56 |
| Q3 2024 | $1.3bn | $813.7m | 0.60 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +8.0m |
| CITADEL ADVISORS LLC | Added | +5.9m |
| Capital World Investors | New | +4.8m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.9m |
| Kodai Capital Management LP | New | +2.2m |
| SAMLYN CAPITAL, LLC | Added | +1.9m |
| VANGUARD GROUP INC | Added | +1.7m |
| Alyeska Investment Group, L.P. | Added | +1.7m |
| JPMORGAN CHASE & CO | Added | +1.6m |
| FRED ALGER MANAGEMENT, LLC | Added | +1.5m |
Biggest sellers
| AQR CAPITAL MANAGEMENT LLC | Reduced | -3.6m |
| Invesco Ltd. | Reduced | -3.5m |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -2.0m |
| NEUBERGER BERMAN GROUP LLC | Reduced | -1.9m |
| JUPITER ASSET MANAGEMENT LTD | Sold out | -1.6m |
| EAGLE ASSET MANAGEMENT INC | Reduced | -1.3m |
| FIRST TRUST ADVISORS LP | Reduced | -1.3m |
| 1832 Asset Management L.P. | Sold out | -1.1m |
| MARSHALL WACE, LLP | Reduced | -1.0m |
| MOORE CAPITAL MANAGEMENT, LP | Sold out | -856.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $225.6m5.8m shares |
| JPMORGAN CHASE & CO | Added | $204.4m5.2m shares |
| CITADEL ADVISORS LLC | Reduced | $176.6m4.5m shares |
| UBS Group AG | Reduced | $142.5m3.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $68.2m1.7m shares |
| JANE STREET GROUP, LLC | Reduced | $66.0m1.7m shares |
| Walleye Trading LLC | Reduced | $51.2m1.3m shares |
| IMC-Chicago, LLC | Reduced | $50.1m1.3m shares |
| WOLVERINE TRADING, LLC | Added | $44.6m1.1m shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $31.8m810.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $127.7m3.3m shares |
| CITADEL ADVISORS LLC | Added | $118.3m3.0m shares |
| IMC-Chicago, LLC | Added | $59.4m1.5m shares |
| Squarepoint Ops LLC | Added | $49.7m1.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $49.2m1.3m shares |
| GOLDMAN SACHS GROUP INC | Added | $42.7m1.1m shares |
| JANE STREET GROUP, LLC | Reduced | $42.4m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $38.5m982.3k shares |
| D. E. Shaw & Co., Inc. | Added | $35.4m904.1k shares |
| UBS Group AG | Added | $30.4m774.8k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2024 | 0 | — | 2 | $45.4m | $32.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-09-25 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $23.7m575.0k shares |
| 2024-09-25 | Liberman Paul Officer, director · Held by the Paul Liberman 2020 Trust | Sold plan | $2.8m68.7k shares |
| 2024-08-26 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $3.2m88.4k shares |
| 2024-08-21 | Robins Jason Officer, director | Sold | $7.1m200.0k shares |
| 2024-08-08 | Robins Jason Officer, director | Sold | $6.1m200.0k shares |
| 2024-07-15 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $2.5m63.2k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 42.5m $1.7bn | Added +1.7m |
| BlackRock, Inc. 0.03% of their portfolio | 31.4m $1.2bn | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.16% of their portfolio | 23.1m $906.0m | Reduced -66.5k |
| T. Rowe Price Investment Management, Inc. 0.42% of their portfolio | 17.9m $700.2m | Added +8.0m |
| STATE STREET CORP 0.02% of their portfolio | 9.5m $372.4m | Added +291.9k |
| MARSHALL WACE, LLP 0.43% of their portfolio | 8.4m $328.2m | Reduced -1.0m |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 8.0m $312.4m | Added +284.1k |
| CITADEL ADVISORS LLC 0.28% of their portfolio | 6.8m $266.4m | Added +5.9m |
| Sumitomo Mitsui Trust Group, Inc. 0.18% of their portfolio | 6.6m $260.5m | Reduced -113.1k |
| FMR LLC 0.02% of their portfolio | 6.5m $253.5m | Added +826.6k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 6.4m $251.8m | Reduced -231.8k |
| ARK Investment Management LLC 2.16% of their portfolio | 6.0m $236.2m | Reduced -162.5k |
| Atlas Venture Advisors, Inc. 47.70% of their portfolio | 5.9m $231.1m | Unchanged |
| Amova Asset Management Americas, Inc. 2.60% of their portfolio | 5.9m $229.6m | Reduced -55.0k |
| Capital Research Global Investors 0.05% of their portfolio | 5.8m $229.2m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 5.8m $225.8m | Reduced -16.5k |
| MORGAN STANLEY 0.02% of their portfolio | 5.8m $225.5m | Added +4.3k |
| NORGES BANK 0.03% of their portfolio | 5.7m $224.2m | Added +63.8k |
| SAMLYN CAPITAL, LLC 3.59% of their portfolio | 5.7m $222.5m | Added +1.9m |
| MACQUARIE GROUP LTD 0.22% of their portfolio | 5.2m $205.0m | Reduced -2.0k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 5.1m $201.5m | Added +1.6m |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 5.0m $196.7m | Reduced -637.9k |
| Capital World Investors 0.03% of their portfolio | 4.8m $189.0m | New |
| Jericho Capital Asset Management L.P. 4.50% of their portfolio | 4.8m $186.6m | Reduced -83.8k |
| FRED ALGER MANAGEMENT, LLC 0.88% of their portfolio | 4.6m $182.0m | Added +1.5m |
| Whale Rock Capital Management LLC 2.50% of their portfolio | 4.6m $178.6m | Reduced -627.5k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 4.1m $156.5m | Added +106.3k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.9m $152.2m | Added +794.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.65% of their portfolio | 3.7m $145.0m | Added +236.4k |
| D. E. Shaw & Co., Inc. 0.17% of their portfolio | 3.3m $129.2m | Reduced -480.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.2m $124.5m | Added +86.3k |
| Invesco Ltd. 0.02% of their portfolio | 3.1m $122.2m | Reduced -3.5m |
| DAVENPORT & Co LLC 0.71% of their portfolio | 3.1m $121.0m | Added +434.9k |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 3.0m $118.9m | Added +2.9m |
| Point72 Asset Management, L.P. 0.41% of their portfolio | 3.0m $117.2m | Added +1.3m |
| EAGLE ASSET MANAGEMENT INC 0.53% of their portfolio | 2.6m $103.4m | Reduced -1.3m |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 2.6m $100.3m | Reduced -1.9m |
| Allspring Global Investments Holdings, LLC 0.15% of their portfolio | 2.4m $94.1m | Added +298.4k |
| BAMCO INC /NY/ 0.25% of their portfolio | 2.4m $93.8m | Unchanged |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.3m $91.5m | Reduced -109.9k |
| Kodai Capital Management LP 1.81% of their portfolio | 2.2m $87.3m | New |
| Alyeska Investment Group, L.P. 0.44% of their portfolio | 2.2m $85.8m | Added +1.7m |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 2.2m $85.2m | Added +288.8k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.2m $84.5m | Reduced -1.3m |
| Holocene Advisors, LP 0.32% of their portfolio | 2.0m $79.5m | Reduced -86.8k |
| Legal & General Group Plc 0.02% of their portfolio | 1.8m $69.3m | Added +139.3k |
| Contrarius Investment Management Ltd 3.88% of their portfolio | 1.7m $68.2m | Added +474.7k |
| UBS Group AG 0.02% of their portfolio | 1.7m $67.7m | Reduced -201.8k |
| Blue Whale Capital LLP 5.02% of their portfolio | 1.6m $64.5m | Added +615.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.6m $61.1m | Reduced -5.9k |
| FEDERATED HERMES, INC. 0.13% of their portfolio | 1.5m $59.9m | Reduced -272.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.5m $58.0m | Added +35.5k |
| SCOPUS ASSET MANAGEMENT, L.P. 1.71% of their portfolio | 1.5m $57.8m | Reduced -607.8k |
| TD Asset Management Inc 0.05% of their portfolio | 1.5m $58.9m | Added +691.4k |
| Raine Capital LLC 24.34% of their portfolio | 1.4m $54.2m | Unchanged |
| Man Group plc 0.15% of their portfolio | 1.4m $53.7m | Added +1.1m |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.48% of their portfolio | 1.3m $51.2m | Added +156.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $50.9m | Reduced -222.0k |
| Swiss National Bank 0.03% of their portfolio | 1.3m $50.7m | Added +27.0k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.3m $49.4m | Added +662.6k |
| Cresset Asset Management, LLC 0.19% of their portfolio | 1.2m $47.8m | Added +6.1k |
| Capital International Investors 0.01% of their portfolio | 1.2m $46.5m | Added +84.9k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $45.5m | Added +81.0k |
| Interval Partners, LP 1.29% of their portfolio | 1.2m $45.2m | Added +1.0m |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.32% of their portfolio | 1.1m $43.7m | Added +93.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 1.1m $43.2m | Added +581.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.0m $40.8m | Added +96.0k |
| TREMBLANT CAPITAL GROUP 3.99% of their portfolio | 901.7k $35.3m | Reduced -21.7k |
| Amundi 0.01% of their portfolio | 877.8k $32.9m | Added +56.6k |
| US BANCORP \DE\ 0.04% of their portfolio | 859.7k $33.7m | Added +450.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 857.7k $33.6m | Added +96.9k |
| Paloma Partners Management Co 1.75% of their portfolio | 839.2k $32.9m | Added +834.3k |
| Hodges Capital Management Inc. 1.97% of their portfolio | 776.7k $30.4m | Added +24.3k |
| CIBC Private Wealth Group LLC 0.05% of their portfolio | 774.9k $30.4m | Added +767.8k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 737.2k $28.9m | Reduced -51.1k |
| MIZUHO SECURITIES USA LLC 0.08% of their portfolio | 715.0k $7.3m | New |
| National Pension Service 0.03% of their portfolio | 714.8k $28.0m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 711.0k $27.9m | Added +13.3k |
| Honeycomb Asset Management LP 10.81% of their portfolio | 700.0k $27.4m | New |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 636.4k $24.9m | Reduced -595.8k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 612.7k $24.0m | Added +314.3k |
| California Public Employees Retirement System 0.02% of their portfolio | 607.9k $23.8m | Reduced -159.2k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 589.6k $23.1m | Reduced -59.0k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 549.9k $21.6m | Added +120.3k |
| Davidson Kempner Capital Management LP 0.45% of their portfolio | 530.0k $20.8m | Reduced -1.9k |
| Coastal Bridge Advisors, LLC 5.08% of their portfolio | 523.0k $20.5m | Unchanged |
| ATWOOD & PALMER INC 1.37% of their portfolio | 515.1k $20.2m | Added +19.9k |
| Alta Park Capital, LP 2.78% of their portfolio | 506.1k $19.8m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 502.5k $19.7m | Added +281.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 500.9k $19.6m | Added +158.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio | 497.0k $19.5m | Added +350.2k |
| Nishkama Capital, LLC 2.67% of their portfolio | 441.1k $17.3m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.03% of their portfolio | 436.5k $17.1m | Added +400 |
| LPL Financial LLC 0.01% of their portfolio | 428.2k $16.8m | Reduced -42.5k |
| Cetera Investment Advisers 0.04% of their portfolio | 419.4k $16.4m | Reduced -60.3k |
| BARCLAYS PLC 0.01% of their portfolio | 413.8k $16.2m | Reduced -32.3k |
| Ardmore Road Asset Management LP 2.02% of their portfolio | 400.0k $15.7m | Added +199.0k |
| BWCP, LP 3.46% of their portfolio | 398.3k $15.6m | New |
| Clearbridge Investments, LLC 0.01% of their portfolio | 395.3k $15.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 390.1k $15.3m | Reduced -4.3k |