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 ($191.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $42.88. Options: 52 managers hold calls ($1.4bn notional), 38 hold puts ($992.7m).
Trends to Q2 2025
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 |
| Q1 2025 | 816 |
| Q2 2025 | 848 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 333 | 257 |
| Q4 2023 | 346 | 306 |
| Q1 2024 | 403 | 361 |
| Q2 2024 | 416 | 349 |
| Q3 2024 | 371 | 373 |
| Q4 2024 | 341 | 371 |
| Q1 2025 | 434 | 338 |
| Q2 2025 | 423 | 378 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.3bn | $813.7m | 0.60 |
| Q4 2024 | $1.3bn | $873.9m | 0.70 |
| Q1 2025 | $1.3bn | $770.8m | 0.60 |
| Q2 2025 | $1.4bn | $992.7m | 0.70 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.3m |
| BROWN ADVISORY INC | Added | +4.0m |
| AQR CAPITAL MANAGEMENT LLC | Added | +2.5m |
| Alyeska Investment Group, L.P. | New | +2.2m |
| ROYAL BANK OF CANADA | Added | +1.9m |
| JANUS HENDERSON GROUP PLC | Added | +1.7m |
| ArrowMark Colorado Holdings LLC | New | +1.7m |
| Capital World Investors | Added | +1.6m |
| Balyasny Asset Management L.P. | New | +1.5m |
| Schonfeld Strategic Advisors LLC | New | +1.3m |
Biggest sellers
| BlackRock, Inc. | Reduced | -3.7m |
| Point72 Asset Management, L.P. | Reduced | -3.2m |
| MARSHALL WACE, LLP | Reduced | -2.6m |
| AGF MANAGEMENT LTD | Sold out | -2.5m |
| UBS Group AG | Reduced | -2.3m |
| Nuveen, LLC | Reduced | -1.9m |
| WESTFIELD CAPITAL MANAGEMENT CO LP | Reduced | -1.6m |
| Contour Asset Management LLC | Reduced | -1.3m |
| Contrarius Group Holdings Ltd | Sold out | -1.2m |
| Invesco Ltd. | Reduced | -1.2m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $242.0m5.6m shares |
| UBS Group AG | Added | $175.0m4.1m shares |
| CITADEL ADVISORS LLC | Reduced | $144.7m3.4m shares |
| JANE STREET GROUP, LLC | Added | $142.7m3.3m shares |
| Walleye Trading LLC | Added | $91.6m2.1m shares |
| Owl Creek Asset Management, L.P. | Added | $77.2m1.8m shares |
| IMC-Chicago, LLC | Added | $69.0m1.6m shares |
| SIMPLEX TRADING, LLC | Reduced | $58.0m1.4m shares |
| PEAK6 LLC | Added | $54.8m1.3m shares |
| WOLVERINE TRADING, LLC | Reduced | $51.2m1.2m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $235.3m5.5m shares |
| JANE STREET GROUP, LLC | Added | $117.9m2.7m shares |
| CITADEL ADVISORS LLC | Reduced | $100.2m2.3m shares |
| UBS Group AG | Added | $84.2m2.0m shares |
| SIMPLEX TRADING, LLC | Added | $59.8m1.4m shares |
| Walleye Trading LLC | Added | $45.8m1.1m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $40.9m952.5k shares |
| IMC-Chicago, LLC | Reduced | $32.2m750.5k shares |
| Twin Tree Management, LP | Reduced | $22.8m531.7k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $22.6m527.4k 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 2025
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 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 |
| Q1 2025 | 0 | — | 6 | $159.8m | $150.8m |
| Q2 2025 | 0 | — | 4 | $27.7m | $27.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-18 | Dodge R Stanton Chief Legal Officer | Sold plan | $6.2m158.3k shares |
| 2025-06-02 | Dodge R Stanton Chief Legal Officer | Sold plan | $1.8m52.8k shares |
| 2025-05-30 | Moore Jocelyn Director | Sold plan | $110.6k3.1k shares |
| 2025-05-16 | Ellingson Alan Wayne Chief Financial Officer | Sold plan | $251.1k6.8k shares |
| 2025-05-13 | Kalish Matthew Officer, director | Sold plan | $7.9m210.0k shares |
| 2025-05-12 | Kalish Matthew Officer, director | Sold plan | $8.0m210.0k shares |
| 2025-05-05 | Dodge R Stanton Chief Legal Officer | Sold plan | $1.8m52.8k shares |
| 2025-04-21 | Dodge R Stanton Chief Legal Officer | Sold plan | $1.7m52.8k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 43.8m $1.9bn | Added +670.9k |
| BlackRock, Inc. 0.02% of their portfolio | 26.1m $1.1bn | Reduced -3.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.18% of their portfolio | 23.4m $1.0bn | Added +4.3m |
| FMR LLC 0.05% of their portfolio | 22.2m $954.1m | Added +296.1k |
| T. Rowe Price Investment Management, Inc. 0.51% of their portfolio | 18.9m $810.7m | Added +200.9k |
| JANUS HENDERSON GROUP PLC 0.35% of their portfolio | 16.8m $718.7m | Added +1.7m |
| STATE STREET CORP 0.02% of their portfolio | 9.8m $420.4m | Added +62.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.03% of their portfolio | 9.0m $385.6m | Added +458.5k |
| NORGES BANK 0.05% of their portfolio | 8.5m $362.6m | Added +696.3k |
| CITADEL ADVISORS LLC 0.30% of their portfolio | 8.1m $346.0m | Added +1.3m |
| BAILLIE GIFFORD & CO 0.25% of their portfolio | 7.9m $340.2m | Reduced -459.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.10% of their portfolio | 7.4m $317.1m | Added +295.3k |
| AQR CAPITAL MANAGEMENT LLC 0.25% of their portfolio | 7.1m $306.6m | Added +2.5m |
| Capital World Investors 0.04% of their portfolio | 6.5m $277.9m | Added +1.6m |
| Whale Rock Capital Management LLC 3.18% of their portfolio | 5.3m $229.0m | Reduced -762.8k |
| Atlas Venture Advisors, Inc. 53.79% of their portfolio | 5.3m $228.2m | Unchanged |
| Sumitomo Mitsui Trust Group, Inc. 0.14% of their portfolio | 5.2m $222.6m | Reduced -210.6k |
| MORGAN STANLEY 0.01% of their portfolio | 5.0m $216.3m | Reduced -857.9k |
| SAMLYN CAPITAL, LLC 3.12% of their portfolio | 5.0m $215.0m | Added +508.0k |
| Capital Research Global Investors 0.04% of their portfolio | 4.9m $209.5m | Reduced -221.7k |
| EMINENCE CAPITAL, LP 3.01% of their portfolio | 4.8m $204.0m | Reduced -420.6k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 4.6m $195.2m | Added +85.7k |
| ARK Investment Management LLC 1.41% of their portfolio | 4.5m $191.7m | Reduced -359.7k |
| Amova Asset Management Americas, Inc. 1.81% of their portfolio | 4.2m $181.0m | Reduced -352.3k |
| BROWN ADVISORY INC 0.23% of their portfolio | 4.1m $174.0m | Added +4.0m |
| Invesco Ltd. 0.03% of their portfolio | 4.0m $170.0m | Reduced -1.2m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.9m $165.8m | Added +170.4k |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 3.7m $158.0m | Reduced -326.9k |
| BAMCO INC /NY/ 0.43% of their portfolio | 3.7m $157.4m | Added +930.0k |
| RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio | 3.6m $155.2m | Added +444.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio | 3.5m $149.5m | Added +131.3k |
| AMERIPRISE FINANCIAL INC 0.04% of their portfolio | 3.3m $143.2m | Reduced -530.9k |
| DAVENPORT & Co LLC 0.77% of their portfolio | 3.2m $138.9m | Reduced -3.2k |
| UBS Group AG 0.02% of their portfolio | 2.8m $118.5m | Reduced -2.3m |
| Clearbridge Investments, LLC 0.10% of their portfolio | 2.7m $117.0m | Added +17.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 2.7m $116.5m | Added +1.9m |
| MACQUARIE GROUP LTD 0.14% of their portfolio | 2.7m $114.9m | Added +2.4k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.48% of their portfolio | 2.6m $113.4m | Reduced -1.6m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 2.6m $113.2m | Added +31.6k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 2.4m $101.4m | Reduced -154.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.15% of their portfolio | 2.3m $97.2m | Added +903.8k |
| Anomaly Capital Management, LP 2.99% of their portfolio | 2.2m $94.2m | Added +1.3m |
| Alyeska Investment Group, L.P. 0.33% of their portfolio | 2.2m $92.4m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 2.1m $88.9m | Added +541.5k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 2.0m $86.1m | Reduced -678.7k |
| FEDERATED HERMES, INC. 0.14% of their portfolio | 1.8m $75.3m | Reduced -101.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.7m $74.5m | Added +389.4k |
| DEUTSCHE BANK AG\ 0.03% of their portfolio | 1.7m $73.1m | Reduced -82.2k |
| ArrowMark Colorado Holdings LLC 1.31% of their portfolio | 1.7m $72.7m | New |
| CITIGROUP INC 0.05% of their portfolio | 1.7m $71.6m | Added +226.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.7m $71.2m | Reduced -715.6k |
| CIBC Private Wealth Group LLC 0.13% of their portfolio | 1.7m $70.9m | Added +676.2k |
| IEQ CAPITAL, LLC 0.43% of their portfolio | 1.6m $70.6m | Added +262.2k |
| Jain Global LLC 1.10% of their portfolio | 1.6m $70.5m | Added +600.4k |
| Balyasny Asset Management L.P. 0.15% of their portfolio | 1.5m $65.3m | New |
| TD Asset Management Inc 0.06% of their portfolio | 1.5m $65.2m | Reduced -106.7k |
| FIRST TRUST ADVISORS LP 0.05% of their portfolio | 1.5m $64.4m | Reduced -279.6k |
| Legal & General Group Plc 0.02% of their portfolio | 1.4m $61.2m | Reduced -157.9k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 1.4m $60.9m | Reduced -942.6k |
| FRED ALGER MANAGEMENT, LLC 0.27% of their portfolio | 1.4m $60.4m | Added +257.3k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.56% of their portfolio | 1.4m $60.1m | Added +130.8k |
| Baird Financial Group, Inc. 0.10% of their portfolio | 1.4m $59.0m | Reduced -37.0k |
| Nuveen, LLC 0.02% of their portfolio | 1.4m $59.0m | Reduced -1.9m |
| Swiss National Bank 0.03% of their portfolio | 1.4m $58.4m | Added +124.2k |
| Schonfeld Strategic Advisors LLC 0.43% of their portfolio | 1.3m $57.0m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 1.3m $56.1m | Added +440.6k |
| Wolf Hill Capital Management, LP 4.47% of their portfolio | 1.3m $53.9m | Reduced -550.7k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 1.2m $53.2m | Reduced -232.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.05% of their portfolio | 1.2m $52.5m | Added +218.5k |
| Columbus Hill Capital Management, L.P. 7.31% of their portfolio | 1.2m $50.8m | Added +1.1m |
| SCOPUS ASSET MANAGEMENT, L.P. 1.35% of their portfolio | 1.2m $50.4m | Added +26.1k |
| Contour Asset Management LLC 1.64% of their portfolio | 1.2m $50.0m | Reduced -1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.2m $49.4m | Added +78.9k |
| Davidson Kempner Capital Management LP 0.67% of their portfolio | 1.0m $43.8m | Added +90.2k |
| PEREGRINE CAPITAL MANAGEMENT LLC 1.26% of their portfolio | 976.8k $41.9m | Reduced -49.1k |
| BARCLAYS PLC 0.02% of their portfolio | 945.4k $40.5m | Reduced -354.6k |
| US BANCORP \DE\ 0.05% of their portfolio | 923.6k $39.6m | Added +25.1k |
| Owl Creek Asset Management, L.P. 5.11% of their portfolio | 903.5k $38.8m | Added +55.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 855.7k $36.7m | Reduced -778.0k |
| Ardmore Road Asset Management LP 3.02% of their portfolio | 850.0k $36.5m | Added +250.0k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 816.4k $35.0m | Added +59.7k |
| Sculptor Capital LP 0.54% of their portfolio | 785.0k $33.7m | Unchanged |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 764.8k $32.8m | Added +738.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.04% of their portfolio | 735.5k $31.5m | Added +39.4k |
| Bienville Capital Management, LLC 5.67% of their portfolio | 670.4k $28.8m | Added +51.6k |
| California Public Employees Retirement System 0.02% of their portfolio | 631.8k $27.1m | Added +69.3k |
| BWCP, LP 4.36% of their portfolio | 622.2k $26.7m | Reduced -123.5k |
| Amundi 0.01% of their portfolio | 613.8k $25.4m | Reduced -329.2k |
| Interval Partners, LP 0.59% of their portfolio | 607.2k $26.0m | Added +244.8k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 603.8k $25.9m | Added +17.1k |
| Paralel Advisors LLC 1.05% of their portfolio | 600.0k $25.7m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.09% of their portfolio | 589.1k $25.3m | Added +160.5k |
| TREMBLANT CAPITAL GROUP 2.44% of their portfolio | 589.0k $25.3m | Reduced -46.9k |
| Hodges Capital Management Inc. 2.37% of their portfolio | 569.8k $24.4m | Added +29.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 569.3k $24.4m | Added +111.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 563.5k $24.2m | Added +417.1k |
| BLAIR WILLIAM & CO/IL 0.07% of their portfolio | 556.6k $23.9m | Reduced -5.3k |
| Cresset Asset Management, LLC 0.12% of their portfolio | 555.7k $23.8m | Reduced -21.8k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.02% of their portfolio | 552.9k $23.7m | Reduced -1.2k |
| Shellback Capital, LP 1.57% of their portfolio | 550.0k $23.6m | Reduced -375.0k |