Who owns DraftKings (DKNG)
Which tracked institutional funds hold DKNG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DKNG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
183 tracked funds added or opened DKNG while 156 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DKNG’s largest tracked holder by dollar value, CIBC Bancorp USA Inc., sizes it at 1.2% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DKNG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 659 tracked filers holding DKNG, 297 increased or opened the position and 414 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DKNG between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 41
- Jupiter Topco LLC$638M
- PointState Capital LP$227M
- Contour Asset Management LLC$117M
- Qube Research & Technologies Ltd$63M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$46M
- Capital Impact Advisors, LLC$39M
Full exits 75
- T. Rowe Price Investment Management, Inc.$92M
- CADIAN CAPITAL MANAGEMENT, LP$79M
- Point72 Asset Management, L.P.$54M
- BROWN ADVISORY INC$41M
- Capital Research Global Investors$38M
- NORDEA INVESTMENT MANAGEMENT AB$38M
Largest adds
- CIBC Bancorp USA Inc.$678M
- AQR CAPITAL MANAGEMENT LLC$268M
- BlackRock, Inc.$123M
- Hood River Capital Management LLC$97M
- Capital World Investors$92M
- VANGUARD CAPITAL MANAGEMENT LLC$84M
Largest trims
- FMR LLC$74M
- JANE STREET GROUP, LLC$41M
- Squarepoint Ops LLC$28M
- Sumitomo Mitsui Trust Group, Inc.$21M
- NEUBERGER BERMAN GROUP LLC$20M
- ArrowMark Colorado Holdings LLC$20M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| TUDOR INVESTMENT CORP ET AL added | 75,000,000 | $70M | 0.7% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 37,316,338 | $943M | 9.6% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 29,668,081 | $749M | 7.7% | 2026-Q2 |
| Jupiter Topco LLC new | 25,274,243 | $638M | 6.5% | 2026-Q2 |
| Capital World Investors added | 24,798,304 | $626M | 6.4% | 2026-Q2 |
| BlackRock, Inc. added | 22,955,769 | $580M | 5.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 21,574,923 | $545M | 5.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 19,194,063 | $485M | 5.0% | 2026-Q2 |
| NORGES BANK added | 11,848,138 | $299M | 3.1% | 2026-Q2 |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | 9,650,000 | $244M | 2.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 9,515,972 | $240M | 2.5% | 2026-Q2 |
| PointState Capital LP new | 8,986,638 | $227M | 2.3% | 2026-Q2 |
| STATE STREET CORP trimmed | 8,361,228 | $211M | 2.2% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 7,411,878 | $187M | 1.9% | 2026-Q2 |
| BAILLIE GIFFORD & CO trimmed | 7,176,652 | $181M | 1.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,173,660 | $156M | 1.6% | 2026-Q2 |
| Atlas Venture Advisors, Inc. | 5,319,866 | $134M | 1.4% | 2026-Q2 |
| FMR LLC trimmed | 5,071,489 | $128M | 1.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 5,055,144 | $128M | 1.3% | 2026-Q2 |
| Contour Asset Management LLC added | 4,620,776 | $117M | 1.2% | 2026-Q2 |
| IEQ CAPITAL, LLC added | 4,581,343 | $116M | 1.2% | 2026-Q2 |
| Hood River Capital Management LLC added | 4,245,469 | $107M | 1.1% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 3,958,207 | $100M | 1.0% | 2026-Q2 |
| UBS Group AG trimmed | 3,952,662 | $100M | 1.0% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 3,832,106 | $97M | 1.0% | 2026-Q2 |
| BAMCO INC /NY/ trimmed | 3,768,624 | $95M | 1.0% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 3,523,534 | $89M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 3,347,898 | $87M | 0.9% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,250,450 | $82M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 3,183,328 | $80M | 0.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,167,901 | $80M | 0.8% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 3,137,208 | $79M | 0.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 3,080,486 | $78M | 0.8% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,795,274 | $71M | 0.7% | 2026-Q2 |
| DAVENPORT & Co LLC trimmed | 2,760,504 | $70M | 0.7% | 2026-Q2 |
| Qube Research & Technologies Ltd added | 2,491,996 | $63M | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 2,451,507 | $62M | 0.6% | 2026-Q2 |
| Empower Advisory Group, LLC added | 2,159,587 | $55M | 0.6% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 2,066,020 | $52M | 0.5% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 1,948,179 | $49M | 0.5% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 1,876,694 | $47M | 0.5% | 2026-Q2 |
| Amova Asset Management Americas, Inc. trimmed | 1,866,603 | $47M | 0.5% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,811,122 | $46M | 0.5% | 2026-Q2 |
| Capital Impact Advisors, LLC added | 1,553,691 | $39M | 0.4% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,529,873 | $39M | 0.4% | 2026-Q2 |
| MUFG Securities EMEA plc new | 1,445,440 | $37M | 0.4% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 1,417,759 | $37M | 0.4% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 1,368,977 | $35M | 0.4% | 2026-Q2 |
| PEREGRINE CAPITAL MANAGEMENT LLC added | 1,319,418 | $33M | 0.3% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,230,342 | $31M | 0.3% | 2026-Q2 |
| ARK Investment Management LLC trimmed | 1,228,846 | $31M | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 1,206,766 | $30M | 0.3% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,194,115 | $30M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 1,148,944 | $29M | 0.3% | 2026-Q2 |
| FIRST TRUST ADVISORS LP trimmed | 1,043,262 | $26M | 0.3% | 2026-Q2 |
| MARSHALL WACE, LLP added | 1,031,955 | $26M | 0.3% | 2026-Q2 |
| Mariner, LLC added | 1,025,869 | $26M | 0.3% | 2026-Q2 |
| STEADFAST CAPITAL MANAGEMENT LP added | 1,018,900 | $26M | 0.3% | 2026-Q2 |
| Longaeva Partners L.P. added | 1,008,780 | $25M | 0.3% | 2026-Q2 |
| Man Group plc added | 997,589 | $25M | 0.3% | 2026-Q2 |
| BARCLAYS PLC added | 988,658 | $25M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 950,668 | $24M | 0.2% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 942,944 | $24M | 0.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 897,797 | $23M | 0.2% | 2026-Q2 |
| Swiss National Bank trimmed | 871,288 | $22M | 0.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 841,978 | $21M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 837,184 | $21M | 0.2% | 2026-Q2 |
| Davidson Kempner Capital Management LP new | 779,805 | $20M | 0.2% | 2026-Q2 |
| Cerity Partners LLC added | 778,366 | $20M | 0.2% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 753,478 | $19M | 0.2% | 2026-Q2 |
| CYPRESS POINT INVESTMENT MANAGEMENT LP added | 748,649 | $19M | 0.2% | 2026-Q2 |
| Hodges Capital Management Inc. trimmed | 705,377 | $18M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 683,488 | $17M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 662,971 | $17M | 0.2% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 651,784 | $16M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC added | 636,899 | $16M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC added | 616,180 | $16M | 0.2% | 2026-Q2 |
| Paralel Advisors LLC | 600,000 | $15M | 0.2% | 2026-Q2 |
| ArrowMark Colorado Holdings LLC trimmed | 599,879 | $15M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 585,858 | $15M | 0.2% | 2026-Q2 |
| Allspring Global Investments Holdings, LLC trimmed | 537,682 | $14M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 511,651 | $13M | 0.1% | 2026-Q2 |
| MIRABELLA FINANCIAL SERVICES LLP added | 508,583 | $13M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 503,552 | $13M | 0.1% | 2026-Q2 |
| KCM Capital Inc | 500,000 | $13M | 0.1% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 486,487 | $12M | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC trimmed | 478,942 | $12M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 474,699 | $12M | 0.1% | 2026-Q2 |
| Alyeska Investment Group, L.P. trimmed | 459,221 | $12M | 0.1% | 2026-Q2 |
| Solel Partners LP trimmed | 447,170 | $11M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 446,165 | $11M | 0.1% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 428,230 | $11M | 0.1% | 2026-Q2 |
| STRS OHIO trimmed | 418,052 | $11M | 0.1% | 2026-Q2 |
| Creative Planning added | 415,518 | $10M | 0.1% | 2026-Q2 |
| SEI INVESTMENTS CO added | 410,231 | $10M | 0.1% | 2026-Q2 |
| Divisadero Street Capital Management, LP added | 400,824 | $10M | 0.1% | 2026-Q2 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM trimmed | 391,876 | $10M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 391,672 | $10M | 0.1% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 372,396 | $9M | 0.1% | 2026-Q2 |
| FRONTIER CAPITAL MANAGEMENT CO LLC trimmed | 367,030 | $9M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.