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Institutional Ownership · SEC Form 13F

Who owns DUOL (DUOL)


Which tracked institutional funds hold DUOL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DUOL company fundamentals →

Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

374
Institutional holders
37,839,422
Shares held (tracked funds)

How the tape is positioned

The tracked-fund tape on DUOL is one-sided between 2025-Q4 and 2026-Q1: 71 added or opened and 214 trimmed or exited — on balance reducing.

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

DUOL’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp gap the other way — the median holder sizes DUOL more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in DUOL 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 2025-Q4 and 2026-Q1, across 373 tracked filers holding DUOL, 224 increased or opened the position and 276 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.

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 DUOL between the 2025-Q4 and 2026-Q1 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 27

  • VANGUARD CAPITAL MANAGEMENT LLC$170M
  • VANGUARD PORTFOLIO MANAGEMENT LLC$161M
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC$42M
  • HRT FINANCIAL LP$25M
  • VANGUARD FIDUCIARY TRUST CO$25M
  • Nantahala Capital Management, LLC$10M

Full exits 64

  • VANGUARD GROUP INC$626M
  • Capital World Investors$393M
  • Dragoneer Investment Group, LLC$204M
  • Foxhaven Asset Management, LP$100M
  • T. Rowe Price Investment Management, Inc.$85M
  • Spyglass Capital Management LLC$50M

Largest adds

  • FEDERATED HERMES, INC.$108M
  • TWO SIGMA INVESTMENTS, LP$106M
  • BANK OF AMERICA CORP /DE/$93M
  • FIL Ltd$73M
  • JANE STREET GROUP, LLC$66M
  • NORGES BANK$61M

Largest trims

  • BlackRock, Inc.$450M
  • BAILLIE GIFFORD & CO$373M
  • FMR LLC$361M
  • AQR CAPITAL MANAGEMENT LLC$125M
  • Whale Rock Capital Management LLC$107M
  • STATE STREET CORP$86M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BAILLIE GIFFORD & CO added4,875,810$481M8.3%2026-Q1
BlackRock, Inc. trimmed2,371,858$234M4.0%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new1,723,132$170M2.9%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new1,632,650$161M2.8%2026-Q1
FIL Ltd added1,622,805$160M2.8%2026-Q1
NORGES BANK trimmed472,809$147M2.5%2026-Q1
TWO SIGMA INVESTMENTS, LP added1,395,544$138M2.4%2026-Q1
BANK OF AMERICA CORP /DE/ added1,332,301$131M2.3%2026-Q1
FEDERATED HERMES, INC. added1,253,026$124M2.1%2026-Q1
STATE OF MICHIGAN RETIREMENT SYSTEM added1,193,307$118M2.0%2026-Q1
STATE STREET CORP added1,183,644$117M2.0%2026-Q1
UBS Group AG added1,098,062$108M1.9%2026-Q1
FMR LLC trimmed1,040,344$103M1.8%2026-Q1
MORGAN STANLEY added953,769$94M1.6%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added818,328$81M1.4%2026-Q1
JANE STREET GROUP, LLC added671,124$66M1.1%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added603,806$60M1.0%2026-Q1
GILDER GAGNON HOWE & CO LLC added508,550$50M0.9%2026-Q1
Quinn Opportunity Partners LLC added497,362$49M0.8%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added483,019$48M0.8%2026-Q1
Whale Rock Capital Management LLC trimmed471,764$47M0.8%2026-Q1
JPMORGAN CHASE & CO added471,345$44M0.8%2026-Q1
Amundi added449,068$44M0.8%2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLC added429,335$42M0.7%2026-Q1
GOLDMAN SACHS GROUP INC added352,451$35M0.6%2026-Q1
NORTHERN TRUST CORP added334,546$33M0.6%2026-Q1
MILLENNIUM MANAGEMENT LLC added331,384$33M0.6%2026-Q1
Invesco Ltd. trimmed316,022$31M0.5%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added306,853$30M0.5%2026-Q1
CARNEGIE MELLON UNIVERSITY294,814$29M0.5%2026-Q1
D. E. Shaw & Co., Inc. added280,428$28M0.5%2026-Q1
CITADEL ADVISORS LLC trimmed273,868$27M0.5%2026-Q1
VANGUARD FIDUCIARY TRUST CO new251,778$25M0.4%2026-Q1
Pacer Advisors, Inc. added428,407$25M0.4%2026-Q1
Bank of New York Mellon Corp added249,634$25M0.4%2026-Q1
CITIGROUP INC added241,377$24M0.4%2026-Q1
Capital International Investors trimmed149,640$15M0.3%2026-Q1
Voleon Capital Management LP added137,050$14M0.2%2026-Q1
AMERICAN CENTURY COMPANIES INC added130,564$13M0.2%2026-Q1
Clear Street Group Inc. added127,941$13M0.2%2026-Q1
Trexquant Investment LP added126,504$12M0.2%2026-Q1
RHUMBLINE ADVISERS added122,546$12M0.2%2026-Q1
Walleye Trading LLC added116,619$11M0.2%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed115,408$11M0.2%2026-Q1
AQR CAPITAL MANAGEMENT LLC trimmed108,402$11M0.2%2026-Q1
Nantahala Capital Management, LLC new100,000$10M0.2%2026-Q1
FIRST TRUST ADVISORS LP trimmed99,433$10M0.2%2026-Q1
CAPITAL FUND MANAGEMENT S.A. trimmed97,938$10M0.2%2026-Q1
TUDOR INVESTMENT CORP ET AL added94,362$9M0.2%2026-Q1
VANGUARD GROUP INC trimmed3,565,134$626M10.8%2025-Q4 stale
Capital World Investors added2,241,378$393M6.8%2025-Q4 stale
Dragoneer Investment Group, LLC trimmed1,159,887$204M3.5%2025-Q4 stale
Foxhaven Asset Management, LP added571,840$100M1.7%2025-Q4 stale
T. Rowe Price Investment Management, Inc. trimmed485,547$85M1.5%2025-Q4 stale
Artisan Partners Limited Partnership added256,262$82M1.4%2025-Q3 stale
BAMCO INC /NY/ added243,708$78M1.3%2025-Q3 stale
AGF MANAGEMENT LTD trimmed151,828$62M1.1%2025-Q2 stale
FULLER & THALER ASSET MANAGEMENT, INC. trimmed165,994$53M0.9%2025-Q3 stale
Spyglass Capital Management LLC added286,873$50M0.9%2025-Q4 stale
1832 Asset Management L.P. added137,200$43M0.7%2025-Q1 stale
Jain Global LLC added120,182$39M0.7%2025-Q3 stale
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added90,087$37M0.6%2025-Q2 stale
COOKSON PEIRCE & CO INC added86,821$36M0.6%2025-Q2 stale
ThornTree Capital Partners LP added184,867$32M0.6%2025-Q4 stale
Nishkama Capital, LLC new97,780$31M0.5%2025-Q3 stale
BIT Capital GmbH added178,910$31M0.5%2025-Q4 stale
TWINBEECH CAPITAL LP trimmed67,729$28M0.5%2025-Q2 stale
Steadview Capital Management LLC trimmed82,155$26M0.5%2025-Q3 stale
MARK ASSET MANAGEMENT LP added81,568$26M0.5%2025-Q3 stale
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added63,300$26M0.4%2025-Q2 stale
Allen Investment Management, LLC78,421$25M0.4%2025-Q3 stale
Durable Capital Partners LP trimmed119,181$21M0.4%2025-Q4 stale
Holocene Advisors, LP added62,569$20M0.3%2025-Q3 stale
Qube Research & Technologies Ltd added112,279$20M0.3%2025-Q4 stale
Driehaus Capital Management LLC trimmed47,208$19M0.3%2025-Q2 stale
TWO SIGMA ADVISERS, LP trimmed106,080$19M0.3%2025-Q4 stale
Dream Peak Capital Ltd new104,532$18M0.3%2025-Q4 stale
Tredje AP-fonden added55,908$18M0.3%2025-Q3 stale
STEADFAST CAPITAL MANAGEMENT LP new41,751$17M0.3%2025-Q2 stale
Aperture Investors, LLC trimmed48,572$15M0.3%2025-Q1 stale
CROSSLINK CAPITAL INC trimmed46,412$15M0.3%2025-Q3 stale
LORD, ABBETT & CO. LLC trimmed46,036$15M0.3%2025-Q3 stale
Susquehanna Portfolio Strategies, LLC new45,868$15M0.3%2025-Q3 stale
Corebridge Financial, Inc. trimmed42,272$13M0.2%2025-Q1 stale
Stony Point Capital LLC added31,211$13M0.2%2025-Q2 stale
ZACKS INVESTMENT MANAGEMENT added36,875$12M0.2%2025-Q3 stale
TB Alternative Assets Ltd. new35,961$12M0.2%2025-Q3 stale
PUBLIC SECTOR PENSION INVESTMENT BOARD new27,700$11M0.2%2025-Q2 stale
NATIXIS added61,856$11M0.2%2025-Q4 stale
CONGRESS ASSET MANAGEMENT CO added61,711$11M0.2%2025-Q4 stale
Alyeska Investment Group, L.P. new61,441$11M0.2%2025-Q4 stale
WOLVERINE TRADING, LLC added32,183$11M0.2%2025-Q3 stale
Clearbridge Investments, LLC trimmed57,576$10M0.2%2025-Q4 stale
Broad Peak Investment Advisers Pte Ltd new31,000$10M0.2%2025-Q3 stale
Bienville Capital Management, LLC added56,500$10M0.2%2025-Q4 stale
OBERWEIS ASSET MANAGEMENT INC/31,000$10M0.2%2025-Q1 stale
Cerity Partners LLC trimmed54,336$10M0.2%2025-Q4 stale
Hidden Lake Asset Management LP new29,456$9M0.2%2025-Q3 stale
TD Asset Management Inc trimmed53,730$9M0.2%2025-Q4 stale
LONG WALK MANAGEMENT LP trimmed30,250$9M0.2%2025-Q1 stale

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.

HoldersTotal shares

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.

Learn how to read institutional ownership