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 ($200.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $37.25. Options: 48 managers hold calls ($1.3bn notional), 40 hold puts ($873.9m).
Trends to Q4 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 |
| Q4 2024 | 805 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 341 | 371 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $1.4bn | $1.4bn | 0.99 |
| Q2 2024 | $1.4bn | $758.7m | 0.56 |
| Q3 2024 | $1.3bn | $813.7m | 0.60 |
| Q4 2024 | $1.3bn | $873.9m | 0.70 |
Biggest buyers
| JANUS HENDERSON GROUP PLC | Added | +9.4m |
| FMR LLC | Added | +7.2m |
| BAILLIE GIFFORD & CO | New | +6.6m |
| Point72 Asset Management, L.P. | Added | +2.4m |
| CITADEL ADVISORS LLC | Added | +2.2m |
| Holocene Advisors, LP | Added | +2.1m |
| EMINENCE CAPITAL, LP | New | +1.8m |
| NORGES BANK | Added | +1.7m |
| FERNBRIDGE CAPITAL MANAGEMENT LP | New | +1.3m |
| Anomaly Capital Management, LP | New | +1.3m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -4.0m |
| FRED ALGER MANAGEMENT, LLC | Reduced | -2.9m |
| Alyeska Investment Group, L.P. | Sold out | -2.2m |
| MACQUARIE GROUP LTD | Reduced | -2.1m |
| Kodai Capital Management LP | Reduced | -2.1m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.0m |
| MARSHALL WACE, LLP | Reduced | -1.7m |
| Blue Whale Capital LLP | Sold out | -1.6m |
| SAMLYN CAPITAL, LLC | Reduced | -1.3m |
| Capital International Investors | Sold out | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $168.8m4.5m shares |
| CITADEL ADVISORS LLC | Reduced | $152.8m4.1m shares |
| UBS Group AG | Reduced | $132.6m3.6m shares |
| JPMORGAN CHASE & CO | Reduced | $122.4m3.3m shares |
| JANE STREET GROUP, LLC | Added | $79.3m2.1m shares |
| Walleye Trading LLC | Added | $63.7m1.7m shares |
| Twin Tree Management, LP | Added | $59.8m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $59.0m1.6m shares |
| Squarepoint Ops LLC | Added | $53.8m1.4m shares |
| IMC-Chicago, LLC | Reduced | $46.9m1.3m shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $140.8m3.8m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $116.5m3.1m shares |
| UBS Group AG | Added | $69.3m1.9m shares |
| Squarepoint Ops LLC | Added | $66.2m1.8m shares |
| JANE STREET GROUP, LLC | Added | $56.7m1.5m shares |
| SIMPLEX TRADING, LLC | Added | $48.7m1.3m shares |
| IMC-Chicago, LLC | Reduced | $47.3m1.3m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $34.8m935.1k shares |
| D. E. Shaw & Co., Inc. | Added | $34.6m929.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $26.3m709.0k 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 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2024 | 0 | — | 3 | $33.5m | $23.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-12-26 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $17.7m463.4k shares |
| 2024-12-26 | Liberman Paul Officer, director · Held by the Paul Liberman 2020 Trust | Sold plan | $2.6m68.7k shares |
| 2024-12-09 | Dodge R Stanton Chief Legal Officer | Sold | $9.8m228.5k shares |
| 2024-11-21 | Robins Jason Officer, director | Sold | $137.7k3.2k shares |
| 2024-10-25 | Liberman Paul Officer, director · Held by the Paul Liberman 2015 Revocable Trust | Sold plan | $3.2m88.4k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 43.1m $1.6bn | Added +584.5k |
| BlackRock, Inc. 0.02% of their portfolio | 31.2m $1.2bn | Reduced -157.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.15% of their portfolio | 22.2m $827.3m | Reduced -872.0k |
| T. Rowe Price Investment Management, Inc. 0.43% of their portfolio | 18.6m $690.8m | Added +707.5k |
| FMR LLC 0.03% of their portfolio | 13.6m $506.6m | Added +7.2m |
| STATE STREET CORP 0.01% of their portfolio | 9.8m $362.8m | Added +253.6k |
| JANUS HENDERSON GROUP PLC 0.18% of their portfolio | 9.4m $349.0m | Added +9.4m |
| CITADEL ADVISORS LLC 0.31% of their portfolio | 9.0m $334.6m | Added +2.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 8.1m $299.9m | Added +90.0k |
| NORGES BANK 0.04% of their portfolio | 7.4m $276.3m | Added +1.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.08% of their portfolio | 6.8m $252.9m | Added +1.0m |
| MARSHALL WACE, LLP 0.31% of their portfolio | 6.6m $247.1m | Reduced -1.7m |
| BAILLIE GIFFORD & CO 0.19% of their portfolio | 6.6m $246.8m | New |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 6.2m $229.7m | Reduced -249.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.15% of their portfolio | 5.9m $220.3m | Reduced -724.2k |
| Atlas Venture Advisors, Inc. 47.31% of their portfolio | 5.9m $219.3m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 5.7m $212.7m | Reduced -33.6k |
| Capital Research Global Investors 0.04% of their portfolio | 5.7m $210.6m | Reduced -185.7k |
| ARK Investment Management LLC 1.71% of their portfolio | 5.5m $205.9m | Reduced -490.6k |
| Point72 Asset Management, L.P. 0.55% of their portfolio | 5.4m $199.5m | Added +2.4m |
| Jericho Capital Asset Management L.P. 2.79% of their portfolio | 5.2m $195.1m | Added +484.8k |
| Amova Asset Management Americas, Inc. 2.05% of their portfolio | 5.1m $189.5m | Reduced -760.0k |
| Whale Rock Capital Management LLC 2.19% of their portfolio | 5.0m $185.0m | Added +416.9k |
| Capital World Investors 0.03% of their portfolio | 4.8m $179.7m | Added +9.1k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 4.7m $174.1m | Added +554.3k |
| SAMLYN CAPITAL, LLC 2.56% of their portfolio | 4.3m $161.0m | Reduced -1.3m |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.68% of their portfolio | 4.2m $157.1m | Added +525.0k |
| Holocene Advisors, LP 0.49% of their portfolio | 4.1m $152.0m | Added +2.1m |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.9m $144.0m | Reduced -1.1m |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 3.5m $129.2m | First filing |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 3.2m $120.6m | Added +66.0k |
| Invesco Ltd. 0.02% of their portfolio | 3.1m $116.9m | Added +23.0k |
| DAVENPORT & Co LLC 0.68% of their portfolio | 3.1m $115.9m | Added +33.3k |
| MACQUARIE GROUP LTD 0.14% of their portfolio | 3.1m $114.7m | Reduced -2.1m |
| UBS Group AG 0.02% of their portfolio | 2.8m $104.6m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.8m $102.5m | Reduced -1.1m |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 2.6m $97.4m | Added +60.0k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.6m $97.0m | Added +272.3k |
| BAMCO INC /NY/ 0.24% of their portfolio | 2.5m $93.0m | Added +106.4k |
| DEUTSCHE BANK AG\ 0.04% of their portfolio | 2.4m $89.3m | Added +229.3k |
| Allspring Global Investments Holdings, LLC 0.13% of their portfolio | 2.3m $83.3m | Reduced -106.4k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 2.3m $84.6m | Added +1.0m |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 2.2m $83.1m | Reduced -1.1m |
| FEDERATED HERMES, INC. 0.15% of their portfolio | 1.9m $68.9m | Added +324.7k |
| SCOPUS ASSET MANAGEMENT, L.P. 2.54% of their portfolio | 1.9m $68.8m | Added +375.5k |
| FRED ALGER MANAGEMENT, LLC 0.32% of their portfolio | 1.8m $66.4m | Reduced -2.9m |
| EMINENCE CAPITAL, LP 1.00% of their portfolio | 1.8m $65.3m | New |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.6m $59.9m | Reduced -544.1k |
| TD Asset Management Inc 0.05% of their portfolio | 1.6m $59.1m | Added +129.1k |
| Contrarius Group Holdings Ltd 3.58% of their portfolio | 1.6m $58.4m | First filing |
| Legal & General Group Plc 0.02% of their portfolio | 1.5m $57.0m | Reduced -235.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 1.5m $54.5m | Reduced -16.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.4m $52.4m | Reduced -150.4k |
| Raine Capital LLC 16.97% of their portfolio | 1.4m $51.4m | Unchanged |
| FERNBRIDGE CAPITAL MANAGEMENT LP 2.58% of their portfolio | 1.3m $49.2m | New |
| Anomaly Capital Management, LP 1.41% of their portfolio | 1.3m $47.7m | New |
| Swiss National Bank 0.03% of their portfolio | 1.2m $45.9m | Reduced -60.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.43% of their portfolio | 1.2m $45.7m | Reduced -76.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.2m $43.6m | Reduced -4.0m |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $43.1m | Reduced -2.1k |
| Cresset Asset Management, LLC 0.20% of their portfolio | 1.1m $41.5m | Reduced -104.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.1m $41.1m | Added +64.1k |
| Contour Asset Management LLC 1.17% of their portfolio | 1.1m $40.6m | New |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 1.1m $39.6m | Reduced -2.0m |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.17% of their portfolio | 1.1m $39.6m | Reduced -51.1k |
| Wolf Hill Capital Management, LP 3.13% of their portfolio | 1.0m $38.8m | New |
| Amundi 0.01% of their portfolio | 1.0m $38.5m | Added +126.2k |
| CIBC Private Wealth Group LLC 0.07% of their portfolio | 985.9k $37.8m | Added +211.0k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 964.4k $35.8m | Added +951.6k |
| US BANCORP \DE\ 0.05% of their portfolio | 958.7k $35.7m | Added +98.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 894.9k $33.3m | Reduced -403.6k |
| TREMBLANT CAPITAL GROUP 3.39% of their portfolio | 868.2k $32.3m | Reduced -33.5k |
| SCOPIA CAPITAL MANAGEMENT LP 3.25% of their portfolio | 825.1k $30.7m | New |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 809.3k $30.1m | Reduced -48.4k |
| Ilex Capital Partners (UK) LLP 1.85% of their portfolio | 778.8k $29.0m | New |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 764.1k $28.4m | Added +26.9k |
| Paloma Partners Management Co 1.85% of their portfolio | 756.4k $28.1m | Reduced -82.8k |
| Interval Partners, LP 0.71% of their portfolio | 747.8k $27.8m | Reduced -404.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 743.6k $27.7m | Added +130.9k |
| SORA INVESTORS LLC 3.05% of their portfolio | 738.1k $27.5m | Added +687.6k |
| National Pension Service 0.03% of their portfolio | 734.2k $27.3m | Added +19.4k |
| Davidson Kempner Capital Management LP 0.48% of their portfolio | 731.4k $27.2m | Added +201.4k |
| Hodges Capital Management Inc. 1.65% of their portfolio | 725.4k $27.0m | Reduced -51.3k |
| Shellback Capital, LP 1.83% of their portfolio | 712.5k $26.5m | Added +416.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 691.7k $25.7m | Reduced -19.4k |
| Connor, Clark & Lunn Investment Management Ltd. 0.12% of their portfolio | 683.9k $25.4m | Added +187.0k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 613.6k $22.8m | Added +218.3k |
| Man Group plc 0.07% of their portfolio | 613.1k $22.8m | Reduced -756.7k |
| BARCLAYS PLC 0.01% of their portfolio | 603.2k $22.4m | Added +189.4k |
| NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio | 589.9k $21.9m | Added +576.3k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 584.5k $21.7m | Reduced -5.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 559.0k $20.8m | Reduced -48.9k |
| CAPITAL FUND MANAGEMENT S.A. 0.20% of their portfolio | 554.7k $20.6m | Added +411.7k |
| ATWOOD & PALMER INC 1.34% of their portfolio | 524.3k $19.5m | Added +9.2k |
| Jain Global LLC 0.58% of their portfolio | 522.0k $19.4m | First filing |
| Bienville Capital Management, LLC 4.75% of their portfolio | 521.3k $19.4m | Added +245.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 519.0k $19.4m | Added +18.1k |
| BWCP, LP 3.95% of their portfolio | 492.9k $18.3m | Added +94.6k |
| Mediolanum International Funds Ltd 0.22% of their portfolio | 468.4k $17.3m | New |
| Think Investments LP 3.62% of their portfolio | 442.4k $16.5m | New |