We are live on ! Find out more
DKNG icon

DraftKings
DKNG

599 hedge funds and large institutions have $9.51B invested in DraftKings in 2020 Q4 according to their latest regulatory filings, with 266 funds opening new positions, 226 increasing their positions, 68 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

316% more first-time investments, than exits

New positions opened: 266 | Existing positions closed: 64

232% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 68

49% more funds holding

Funds holding: 403 → 599 (+196)

17% more call options, than puts

Call options by funds: $887M | Put options by funds: $757M

5% more funds holding in top 10

Funds holding in top 10: 21 → 22 (+1)

0.86% more ownership

Funds ownership: 51.24% → 52.11% (+0.86%)

11% less capital invested

Capital invested by funds: $10.7B → $9.51B (-$1.15B)

Holders
599
Holders Change
+196
Holders Change %
+48.64%
% of All Funds
10.6%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.39%
New
266
Increased
226
Reduced
68
Closed
64
Calls
$887M
Puts
$757M
Net Calls
+$130M
Net Calls Change
-$60.8M

Top Buyers

1
FAM
Fred Alger Management
New York
+$177M
2
Capital Research Global Investors
Capital Research Global Investors
California
+$150M
3
CBA
Coastal Bridge Advisors
Connecticut
+$143M
4
BlackRock
BlackRock
New York
+$142M
5
Vanguard Group
Vanguard Group
Pennsylvania
+$131M

Top Sellers

1
GP
Galileo PTC
British Virgin Islands
-$319M
2
Franklin Resources
Franklin Resources
California
-$237M
3
RC
Raine Capital
New York
-$237M
4
PWAM
Park West Asset Management
California
-$224M
5
GQG Partners
GQG Partners
Florida
-$176M
Name Holding Trade Value Shares
Change 		Change in
Stake
IFG
401
Investors Financial Group
Minnesota
$282K +$102K +2,150 +55%
Squarepoint
402
Squarepoint
New York
$282K +$289K +6,067 New
CIBC Private Wealth Group
403
CIBC Private Wealth Group
Georgia
$279K +$286K +6,000 New
CF
404
Centaurus Financial
California
$277K -$32.8K -688 -10%
IWM
405
IHT Wealth Management
Illinois
$276K -$79.6K -1,672 -22%
I
406
INVST
Indiana
$276K +$282K +5,929 New
CAM
407
CenterStar Asset Management
Illinois
$275K – – –
RCAG
408
Rehmann Capital Advisory Group
Michigan
$275K +$27.5K +577 New
SAM
409
Storebrand Asset Management
Norway
$274K +$281K +5,892 New
IIA
410
IPG Investment Advisors
California
$273K +$279K +5,862 New
BBHC
411
Brown Brothers Harriman & Co
New York
$272K – – –
GC
412
Guggenheim Capital
Illinois
$272K +$278K +5,832 New
FWM
413
Focused Wealth Management
New York
$271K +$277K +5,825 New
OLA
414
Oliver Luxxe Assets
New Jersey
$268K +$238K +5,000 New
FFN
415
Focus Financial Network
Minnesota
$266K +$272K +5,710 New
ACS
416
Archford Capital Strategies
Illinois
$265K +$4.76K +100 +2%
Mackenzie Financial
417
Mackenzie Financial
Ontario, Canada
$265K +$271K +5,699 New
B
418
BP
United Kingdom
$265K +$271K +5,700 New
ZCA
419
Zeke Capital Advisors
Pennsylvania
$263K +$269K +5,639 New
PA
420
Profund Advisors
Maryland
$263K +$269K +5,642 New
BWCS
421
Beirne Wealth Consulting Services
Connecticut
$261K +$267K +5,600 New
SA
422
Strategic Advisors
New York
$259K +$248K +5,211 New
CCM
423
Conway Capital Management
California
$256K +$262K +5,500 New
DIC
424
Deer IX & Co
New York
$254K +$260K +5,463 New
Mercer Global Advisors
425
Mercer Global Advisors
Colorado
$252K +$258K +5,421 New
15 16
17
18 19

DKNG Hedge Fund Activity: Q4 2020 in Review

599 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in DraftKings (DKNG) for Q4 2020, worth a combined $9.51B — down 11% from $10.7B a quarter earlier.

Buyers outnumbered sellers: 266 funds opened new DKNG positions and 64 closed out — a net gain of 202 holders — while 226 added to existing stakes and 68 trimmed.

The largest buyer was Fred Alger Management, adding an estimated $177M. The largest seller was Galileo PTC, exiting entirely with an estimated $319M sold.

  • 599 institutional investors held DraftKings (DKNG) as of Q4 2020, up from 403 in Q3 2020.
  • Funds reported $9.51B of DraftKings stock for Q4 2020, down 11% quarter-over-quarter.
  • 266 funds opened new DraftKings positions in Q4 2020 and 64 closed out, a net change of +202 holders.
  • The largest DraftKings buyer in Q4 2020 was Fred Alger Management, an estimated $177M added.
  • The largest DraftKings seller in Q4 2020 was Galileo PTC, an estimated $319M sold.

Based on aggregated 13F filings for Q4 2020.