Contrarius Investment Management’s DraftKings DKNG Stock Holding History

Contrarius Investment 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
2024 Q3	$68.2M	Buy	1,738,635 +474,691	+38%	+$17.1M	3.88%	10
2024 Q2	$48.2M	Sell	1,263,944 -3,941	-0.3%	-$164K	3.02%	14
2024 Q1	$57.6M	Sell	1,267,885 -614,282	-33%	-$25M	3.33%	14
2023 Q4	$66.3M	Sell	1,882,167 -232,487	-11%	-$7.78M	3.58%	13
2023 Q3	$62.3M	Buy	+2,114,654	New	+$62.5M	3.5%	11
2023 Q2	–	Sell	-3,401,452	Closed	-$65.9M	–	56
2023 Q1	$65.9M	Sell	3,401,452 -2,176,744	-39%	-$36.2M	3.46%	12
2022 Q4	$63.5M	Buy	5,578,196 +1,367,115	+32%	+$19M	3.86%	13
2022 Q3	$63.8M	Sell	4,211,081 -1,710,921	-29%	-$27.2M	4.23%	11
2022 Q2	$69.1M	Buy	+5,922,002	New	+$83.4M	4.47%	11

Other funds holding DKNG

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan $154B AUM 29.96% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Contrarius Investment Management's DKNG Position: Q3 2024 in Review

Contrarius Investment Management increased its DraftKings (DKNG) stake by 38% in Q3 2024, buying an estimated $17.1M and bringing the position to 1,738,635 shares worth $68.2M. The position accounts for 3.88% of the portfolio, ranked #10.

Contrarius Investment Management first reported a position in DKNG in Q2 2022 and has held it in 9 quarters since. The position peaked at $69.1M in Q2 2022. 773 funds tracked by Wall St. Rank hold DKNG as of Q3 2024.

Contrarius Investment Management held 1,738,635 shares of DraftKings worth $68.2M as of Q3 2024.
Contrarius Investment Management bought 474,691 DraftKings shares in Q3 2024, an estimated $17.1M.
DraftKings made up 3.88% of Contrarius Investment Management's portfolio in Q3 2024, its #10 holding.
Contrarius Investment Management first reported a position in DraftKings in Q2 2022 and has held it in 9 quarters since.
Contrarius Investment Management's DraftKings position peaked at $69.1M in Q2 2022.
773 funds tracked by Wall St. Rank held DraftKings as of Q3 2024.

Based on Contrarius Investment Management's 13F filing for Q3 2024, filed 8 Nov 2024.