Echo Street Capital Management’s DraftKings DKNG Stock Holding History

Echo Street 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
2023 Q2	–	Sell	-16,895	Closed	-$327K	–	491
2023 Q1	$327K	Sell	16,895 -134,473	-89%	-$2.24M	﹤0.01%	360
2022 Q4	$1.72M	Buy	+151,368	New	+$2.11M	0.02%	106
2022 Q2	–	Sell	-28,319	Closed	-$551K	–	599
2022 Q1	$551K	Buy	28,319 +10,089	+55%	+$214K	﹤0.01%	383
2021 Q4	$501K	Buy	18,230 +1,641	+10%	+$64.3K	﹤0.01%	411
2021 Q3	$799K	Buy	+16,589	New	+$879K	0.01%	292
2020 Q1	–	Sell	-1,000,000	Closed	-$14.3M	–	181
2019 Q4	$10.7M	Hold	1,000,000	–	–	0.16%	142
2019 Q3	$9.85M	Buy	+1,000,000	New	+$9.83M	0.17%	141

Other funds holding DKNG

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

AIM

ARK Investment Management St. Petersburg, Florida $15.4B AUM 50.29% 1-Year Est. Return

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

Sumitomo Mitsui Trust Group Minato-Ku, Tokyo, Japan $175B AUM 40.63% 1-Year Est. Return

NAMA

Nikko Asset Management Americas New York $7.75B AUM 33.73% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

WRCM

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

Two Sigma Investments New York $138B AUM 41.87% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Echo Street Capital Management's DKNG Position: Q2 2023 in Review

Echo Street Capital Management sold out of DraftKings (DKNG) in Q2 2023, closing a stake of 16,895 shares — an estimated $327K sold.

Echo Street Capital Management first reported a position in DKNG in Q3 2019 and held it in 7 quarters. The position peaked at $10.7M in Q4 2019. 595 funds tracked by Wall St. Rank hold DKNG as of Q2 2023.

Echo Street Capital Management reported no remaining DraftKings position as of Q2 2023 after selling out during the quarter.
Echo Street Capital Management sold 16,895 DraftKings shares in Q2 2023, an estimated $327K.
Echo Street Capital Management first reported a position in DraftKings in Q3 2019 and held it in 7 quarters.
Echo Street Capital Management's DraftKings position peaked at $10.7M in Q4 2019.
595 funds tracked by Wall St. Rank held DraftKings as of Q2 2023.

Based on Echo Street Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.