Spruce House Investment Management’s DraftKings DKNG Stock Holding History

Spruce House 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
2026 Q1	$209M	Buy	9,650,000 +5,446,166	+130%	+$148M	7.45%	5
2025 Q4	$145M	Buy	4,203,834 +3,903,834	+1,301%	+$128M	4.2%	7
2025 Q3	$11.2M	Hold	300,000	–	–	0.29%	10
2025 Q2	$12.9M	Hold	300,000	–	–	0.47%	9
2025 Q1	$9.96M	Hold	300,000	–	–	0.52%	9
2024 Q4	$11.2M	Buy	+300,000	New	+$11.9M	0.41%	11

Other funds holding DKNG

Janus Henderson Group London, United Kingdom $209B AUM 37.72% 1-Year Est. Return

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

AQR Capital Management Greenwich, Connecticut $218B AUM 29.41% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

CBU

CIBC Bancorp USA Chicago, Illinois $74.4B AUM

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

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

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

Spruce House Investment Management's DKNG Position: Q1 2026 in Review

Spruce House Investment Management increased its DraftKings (DKNG) stake by 130% in Q1 2026, buying an estimated $148M and bringing the position to 9,650,000 shares worth $209M. The position accounts for 7.45% of the portfolio, ranked #5.

Spruce House Investment Management first reported a position in DKNG in Q4 2024 and has held it in 6 quarters since. 704 funds tracked by Wall St. Rank hold DKNG as of Q1 2026.

Spruce House Investment Management held 9,650,000 shares of DraftKings worth $209M as of Q1 2026.
Spruce House Investment Management bought 5,446,166 DraftKings shares in Q1 2026, an estimated $148M.
DraftKings made up 7.45% of Spruce House Investment Management's portfolio in Q1 2026, its #5 holding.
Spruce House Investment Management first reported a position in DraftKings in Q4 2024 and has held it in 6 quarters since.
704 funds tracked by Wall St. Rank held DraftKings as of Q1 2026.

Based on Spruce House Investment Management's 13F filing for Q1 2026, filed 15 May 2026.