DraftKings
DKNG
DKNG
595 hedge funds and large institutions have $7.6B invested in DraftKings in 2023 Q2 according to their latest regulatory filings, with 140 funds opening new positions, 176 increasing their positions, 157 reducing their positions, and 65 closing their positions.
New
Increased
Maintained
Reduced
Closed
more first-time investments, than exits
New positions opened: | Existing positions closed:
more capital invested
Capital invested by funds: $ → $
more funds holding in top 10
Funds holding in top 10: →
more funds holding
Funds holding: →
12% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 157
3.3% more ownership
Funds ownership: 58.65% → 61.95% (+3.3%)
13% less call options, than puts
Call options by funds: $525M | Put options by funds: $603M
Holders
595
Holding in Top 10
18
Calls
$525M
Puts
$603M
Top Buyers
| 1 | +$187M | |
| 2 | +$83.8M | |
| 3 | +$81.7M | |
| 4 |
Invesco
Atlanta,
Georgia
|
+$66.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$60.1M |
Top Sellers
| 1 | -$213M | |
| 2 | -$135M | |
| 3 | -$102M | |
| 4 |
RM
Redpoint Management
Woodside,
California
|
-$80.4M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$65.9M |