Driehaus Capital Management’s Duolingo DUOL Stock Holding History

Driehaus Capital Management’s Portfolio DUOL Stock Details DUOL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-47,208	Closed	-$19.4M	–	462
2025 Q2	$19.4M	Buy	+47,208	New	+$20.7M	0.15%	182
2024 Q3	–	Sell	-287,210	Closed	-$59.9M	–	404
2024 Q2	$59.9M	Buy	287,210 +12,666	+5%	+$2.59M	0.58%	47
2024 Q1	$60.6M	Buy	274,544 +40,978	+18%	+$8.35M	0.6%	39
2023 Q4	$53M	Buy	233,566 +4,644	+2%	+$903K	0.64%	33
2023 Q3	$38M	Buy	228,922 +91,395	+66%	+$13.4M	0.49%	49
2023 Q2	$19.7M	Buy	137,527 +78,244	+132%	+$11.2M	0.25%	134
2023 Q1	$8.45M	Buy	+59,283	New	+$6.09M	0.12%	240
2022 Q4	–	Sell	-323,345	Closed	-$30.8M	–	366
2022 Q3	$30.8M	Buy	323,345 +85,960	+36%	+$8.37M	0.47%	65
2022 Q2	$20.8M	Buy	+237,385	New	+$21M	0.34%	97

Other funds holding DUOL

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

DIG

Dragoneer Investment Group San Francisco, California $2.83B AUM 12.55% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

DCP

Durable Capital Partners Bethesda, Maryland $10.3B AUM 29.04% 1-Year Est. Return

WRCM

Whale Rock Capital Management Boston, Massachusetts $12.5B AUM 306.52% 1-Year Est. Return

Driehaus Capital Management's DUOL Position: Q3 2025 in Review

Driehaus Capital Management sold out of Duolingo (DUOL) in Q3 2025, closing a stake of 47,208 shares — an estimated $19.4M sold.

Driehaus Capital Management first reported a position in DUOL in Q2 2022 and held it in 9 quarters. The position peaked at $60.6M in Q1 2024. 545 funds tracked by Wall St. Rank hold DUOL as of Q3 2025.

Driehaus Capital Management reported no remaining Duolingo position as of Q3 2025 after selling out during the quarter.
Driehaus Capital Management sold 47,208 Duolingo shares in Q3 2025, an estimated $19.4M.
Driehaus Capital Management first reported a position in Duolingo in Q2 2022 and held it in 9 quarters.
Driehaus Capital Management's Duolingo position peaked at $60.6M in Q1 2024.
545 funds tracked by Wall St. Rank held Duolingo as of Q3 2025.

Based on Driehaus Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.