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Cadian Capital Management’s DraftKings DKNG Stock Holding History

Cadian Capital Management’s Portfolio DKNG Stock Details DKNG Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		– Sell
-3,662,983
Closed -$79.2M – 29
2026
Q1 		$79.2M Sell
3,662,983
-1,861,238
-34% -$50.4M 9.64% 2
2025
Q4 		$190M Buy
5,524,221
+4,135,461
+298% +$136M 13.75% 1
2025
Q3 		$51.9M Buy
1,388,760
+1,218,760
+717% +$54M 3.09% 13
2025
Q2 		$7.29M Buy
+170,000
New +$6.1M 0.41% 24

Other funds holding DKNG

CBU
CIBC Bancorp USA Chicago, Illinois $82.3B AUM
AQR Capital Management
AQR Capital Management Greenwich, Connecticut $287B AUM 42.33% 1-Year Est. Return
JT
Jupiter Topco New York $245B AUM
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
Norges Bank
Norges Bank Oslo, Norway $1T AUM
SHIM
Spruce House Investment Management New York $3.4B AUM 30.65% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Cadian Capital Management's DKNG Position: Q2 2026 in Review

Cadian Capital Management sold out of DraftKings (DKNG) in Q2 2026, closing a stake of 3,662,983 shares — an estimated $79.2M sold.

Cadian Capital Management first reported a position in DKNG in Q2 2025 and held it in 4 quarters. The position peaked at $190M in Q4 2025. 692 funds tracked by Wall St. Rank hold DKNG as of Q2 2026.

  • Cadian Capital Management reported no remaining DraftKings position as of Q2 2026 after selling out during the quarter.
  • Cadian Capital Management sold 3,662,983 DraftKings shares in Q2 2026, an estimated $79.2M.
  • Cadian Capital Management first reported a position in DraftKings in Q2 2025 and held it in 4 quarters.
  • Cadian Capital Management's DraftKings position peaked at $190M in Q4 2025.
  • 692 funds tracked by Wall St. Rank held DraftKings as of Q2 2026.

Based on Cadian Capital Management's 13F filing for Q2 2026, filed 14 Aug 2026.