We are live on ! Find out more
DKNG icon

DraftKings
DKNG

713 hedge funds and large institutions have $12.5B invested in DraftKings in 2021 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 294 increasing their positions, 198 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 69

48% more repeat investments, than reductions

Existing positions increased: 294 | Existing positions reduced: 198

14% more funds holding in top 10

Funds holding in top 10: 14 → 16 (+2)

4% more funds holding

Funds holding: 684 → 713 (+29)

1.01% more ownership

Funds ownership: 63.07% → 64.08% (+1%)

2% more call options, than puts

Call options by funds: $1.65B | Put options by funds: $1.62B

2% less capital invested

Capital invested by funds: $12.7B → $12.5B (-$229M)

Holders
713
Holders Change
+29
Holders Change %
+4.24%
% of All Funds
12.48%
Holding in Top 10
16
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+14.29%
% of All Funds
0.28%
New
109
Increased
294
Reduced
198
Closed
69
Calls
$1.65B
Puts
$1.62B
Net Calls
+$29.6M
Net Calls Change
+$415K

Top Buyers

1
AIM
ARK Investment Management
Florida
+$207M
2
Two Sigma Advisers
Two Sigma Advisers
New York
+$184M
3
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
+$159M
4
NAMA
Nikko Asset Management Americas
New York
+$140M
5
Two Sigma Investments
Two Sigma Investments
New York
+$103M

Top Sellers

1
AIM
Achmea Investment Management
Netherlands
-$530M
2
RC
Raine Capital
New York
-$294M
3
JP Morgan Chase
JP Morgan Chase
New York
-$82.3M
4
FCOI
FirstMark Capital OF II
New York
-$48.6M
5
FAM
Fred Alger Management
New York
-$41.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
Calamos Advisors
276
Calamos Advisors
Illinois
$1.14M +$598K +11,286 +91%
AAS
277
Avantax Advisory Services
Texas
$1.12M +$207K +3,896 +20%
MSRPS
278
Maryland State Retirement & Pension System
Maryland
$1.1M – – –
SWP
279
Strategic Wealth Partners
Ohio
$1.08M +$1.19M +22,413 New
EMPI
280
Elo Mutual Pension Insurance
Finland
$1.08M +$521K +9,826 +79%
NA
281
NewEdge Advisors
Louisiana
$1.07M +$1.17M +22,125 New
GCM
282
Gables Capital Management
Florida
$1.05M -$53K -1,000 -4%
PCM
283
Prelude Capital Management
New York
$1.04M -$1.14M -21,487 -50%
BSAM
284
Blue Square Asset Management
New York
$1.01M +$228K +4,308 +26%
RAM
285
Riggs Asset Management
Pennsylvania
$1.01M +$1.11M +20,899 New
Janus Henderson Group
286
Janus Henderson Group
United Kingdom
$1M -$1.37M -25,874 -55%
MCP
287
Mirador Capital Partners
California
$995K -$5.14K -97 -0.5%
MLICM
288
Metropolitan Life Insurance Company (MetLife)
New York
$981K -$35.4K -668 -3%
SC
289
Scotia Capital
Ontario, Canada
$977K -$23K -434 -2%
CF
290
CNA Financial
Illinois
$976K – – –
KFGK
291
Keystone Financial Group (Kentucky)
Kentucky
$968K -$6.25K -118 -0.6%
EC
292
EJF Capital
Virginia
$963K +$265K +5,000 +33%
WAP
293
Wealthcare Advisory Partners
Pennsylvania
$957K +$643K +12,123 +156%
DekaBank Deutsche Girozentrale
294
DekaBank Deutsche Girozentrale
Germany
$952K +$302K +5,699 +41%
Prudential Financial
295
Prudential Financial
New Jersey
$942K +$458K +8,631 +124%
MCM
296
MAI Capital Management
Ohio
$922K +$644K +12,143 +173%
IAIM
297
International Assets Investment Management
Florida
$917K +$210K +3,967 +26%
IAA
298
Independent Advisor Alliance
North Carolina
$902K -$13.2K -249 -1%
DI
299
DFPG Investments
Utah
$900K +$6.79K +128 +0.7%
JAWM
300
J. Arnold Wealth Management
Ohio
$890K +$95.4K +1,800 +11%
10 11
12
13 14

DKNG Hedge Fund Activity: Q3 2021 in Review

713 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in DraftKings (DKNG) for Q3 2021, worth a combined $12.5B — down 1.8% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 109 funds opened new DKNG positions and 69 closed out — a net gain of 40 holders — while 294 added to existing stakes and 198 trimmed.

The largest buyer was ARK Investment Management, adding an estimated $207M. The largest seller was Achmea Investment Management, cutting an estimated $530M.

  • 713 institutional investors held DraftKings (DKNG) as of Q3 2021, up from 684 in Q2 2021.
  • Funds reported $12.5B of DraftKings stock for Q3 2021, down 1.8% quarter-over-quarter.
  • 109 funds opened new DraftKings positions in Q3 2021 and 69 closed out, a net change of +40 holders.
  • The largest DraftKings buyer in Q3 2021 was ARK Investment Management, an estimated $207M added.
  • The largest DraftKings seller in Q3 2021 was Achmea Investment Management, an estimated $530M sold.

Based on aggregated 13F filings for Q3 2021.