DraftKings
DKNG
DKNG
506 hedge funds and large institutions have $2.92B invested in DraftKings in 2022 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 159 increasing their positions, 158 reducing their positions, and 121 closing their positions.
New
Increased
Maintained
Reduced
Closed
more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less funds holding in top 10
Funds holding in top 10: →
28% less call options, than puts
Call options by funds: $255M | Put options by funds: $354M
40% less first-time investments, than exits
New positions opened: 73 | Existing positions closed: 121
42% less capital invested
Capital invested by funds: $5.03B → $2.92B (-$2.1B)
Holders
506
Holding in Top 10
9
Calls
$255M
Puts
$354M
Top Buyers
| 1 | +$83.4M | |
| 2 | +$81.1M | |
| 3 | +$80.9M | |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$39.1M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$29.7M |
Top Sellers
| 1 | -$160M | |
| 2 | -$83.3M | |
| 3 | -$66M | |
| 4 |
HVCM
HG Vora Capital Management
New York
|
-$56.3M |
| 5 |
Two Sigma Advisers
New York
|
-$52.9M |