We are live on ! Find out more
DKNG icon

DraftKings
DKNG

807 hedge funds and large institutions have $14.8B invested in DraftKings in 2024 Q4 according to their latest regulatory filings, with 138 funds opening new positions, 254 increasing their positions, 282 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 138 | Existing positions closed: 88

43% more call options, than puts

Call options by funds: $1.25B | Put options by funds: $874M

4% more funds holding

Funds holding: 773 → 807 (+34)

4.01% more ownership

Funds ownership: 77.32% → 81.34% (+4%)

0% more capital invested

Capital invested by funds: $14.7B → $14.8B (+$31.3M)

10% less repeat investments, than reductions

Existing positions increased: 254 | Existing positions reduced: 282

13% less funds holding in top 10

Funds holding in top 10: 16 → 14 (-2)

Holders
807
Holders Change
+34
Holders Change %
+4.4%
% of All Funds
10.63%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.18%
New
138
Increased
254
Reduced
282
Closed
88
Calls
$1.25B
Puts
$874M
Net Calls
+$380M
Net Calls Change
-$51.6M

Top Buyers

1
Janus Henderson Group
Janus Henderson Group
United Kingdom
+$371M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$284M
3
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
+$263M
4
Point72 Asset Management
Point72 Asset Management
Connecticut
+$94.1M
5
Citadel Advisors
Citadel Advisors
Florida
+$87.2M

Top Sellers

1
FAM
Fred Alger Management
New York
-$113M
2
Alyeska Investment Group
Alyeska Investment Group
Illinois
-$85.8M
3
Macquarie Group
Macquarie Group
Australia
-$85.2M
4
KCM
Kodai Capital Management
Illinois
-$84M
5
Millennium Management
Millennium Management
New York
-$78.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
SC
251
Scholtz & Company
Connecticut
$1.81M +$1.93M +48,554 New
KA
252
Kercheville Advisors
Texas
$1.76M -$258K -6,500 -12%
VA
253
Vident Advisory
Georgia
$1.76M -$560K -14,104 -23%
Universal-Beteiligungs- und Servicegesellschaft
254
Universal-Beteiligungs- und Servicegesellschaft
Germany
$1.73M +$1.84M +46,449 New
SG Americas Securities
255
SG Americas Securities
New York
$1.7M +$1.81M +45,630 New
Natixis Advisors
256
Natixis Advisors
Massachusetts
$1.68M -$169K -4,250 -9%
WIM
257
Westside Investment Management
California
$1.68M +$11.4K +288 +0.6%
DM
258
Diker Management
New York
$1.67M -$1.79M -45,000 -50%
AIM
259
Achmea Investment Management
Netherlands
$1.67M +$1.78M +44,879 New
Public Employees Retirement Association of Colorado
260
Public Employees Retirement Association of Colorado
Colorado
$1.65M – – –
Mirae Asset Global Investments
261
Mirae Asset Global Investments
South Korea
$1.62M -$84.9K -2,139 -5%
WA
262
Waverly Advisors
Alabama
$1.59M +$39.5K +995 +2%
WorldQuant Millennium Advisors
263
WorldQuant Millennium Advisors
New York
$1.58M +$1.69M +42,581 New
HCM
264
Highview Capital Management
Illinois
$1.58M +$23K +580 +1%
BPC
265
Bryce Point Capital
New York
$1.57M +$1.68M +42,323 New
American Century Companies
266
American Century Companies
Missouri
$1.57M +$808K +20,365 +93%
Daiwa Securities Group
267
Daiwa Securities Group
Japan
$1.57M +$93.3K +2,351 +6%
WG
268
Winton Group
United Kingdom
$1.57M +$187K +4,704 +13%
SP
269
SIH Partners
Delaware
$1.55M +$1.65M +41,623 New
IA
270
IFP Advisors
Florida
$1.54M +$309K +7,785 +23%
KAS
271
Kestra Advisory Services
Texas
$1.53M -$53.5K -1,347 -3%
Walleye Capital
272
Walleye Capital
New York
$1.53M -$1.26M -31,781 -44%
N
273
Natixis
France
$1.53M +$1.63M +41,080 New
New York State Teachers Retirement System (NYSTRS)
274
New York State Teachers Retirement System (NYSTRS)
New York
$1.52M – – –
Jane Street
275
Jane Street
New York
$1.49M -$23.7M -596,315 -94%
9 10
11
12 13

DKNG Hedge Fund Activity: Q4 2024 in Review

807 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in DraftKings (DKNG) for Q4 2024, worth a combined $14.8B — up 0.21% from $14.7B a quarter earlier.

Buyers outnumbered sellers: 138 funds opened new DKNG positions and 88 closed out — a net gain of 50 holders — while 254 added to existing stakes and 282 trimmed.

The largest buyer was Janus Henderson Group, adding an estimated $371M. The largest seller was Fred Alger Management, cutting an estimated $113M.

  • 807 institutional investors held DraftKings (DKNG) as of Q4 2024, up from 773 in Q3 2024.
  • Funds reported $14.8B of DraftKings stock for Q4 2024, up 0.21% quarter-over-quarter.
  • 138 funds opened new DraftKings positions in Q4 2024 and 88 closed out, a net change of +50 holders.
  • The largest DraftKings buyer in Q4 2024 was Janus Henderson Group, an estimated $371M added.
  • The largest DraftKings seller in Q4 2024 was Fred Alger Management, an estimated $113M sold.

Based on aggregated 13F filings for Q4 2024.