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DraftKings

492 hedge funds and large institutions have $3.16B invested in DraftKings in 2022 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 150 increasing their positions, 156 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more call options, than puts

Call options by funds: $347M | Put options by funds: $341M

0.69% less ownership

Funds ownership: 58.2%57.51% (-0.69%)

4% less repeat investments, than reductions

Existing positions increased: 150 | Existing positions reduced: 156

5% less funds holding

Funds holding: 516492 (-24)

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

16% less first-time investments, than exits

New positions opened: 81 | Existing positions closed: 96

20% less capital invested

Capital invested by funds: $3.93B → $3.16B (-$774M)

Holders
492
Holders Change
-24
Holders Change %
-4.65%
% of All Funds
7.91%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.19%
New
81
Increased
150
Reduced
156
Closed
96
Calls
$347M
Puts
$341M
Net Calls
+$5.28M
Net Calls Change
+$166M
Name Holding Trade Value Shares
Change
Change in
Stake
Twin Tree Management
26
Twin Tree Management
Texas
$23.2M +$12.4M +892,626 +78%
EC
27
Eminence Capital
New York
$21.1M +$25.8M +1,853,179 New
Millennium Management
28
Millennium Management
New York
$21M +$18.6M +1,334,542 +260%
Northern Trust
29
Northern Trust
Illinois
$18.6M +$493K +35,387 +2%
Bank of America
30
Bank of America
North Carolina
$15.7M -$7.38M -530,424 -28%
D.E. Shaw & Co
31
D.E. Shaw & Co
New York
$13.5M -$720K -51,736 -4%
CSS
32
Cubist Systematic Strategies
Connecticut
$12.9M +$14.7M +1,052,738 +1,271%
Bank of New York Mellon
33
Bank of New York Mellon
New York
$11.9M -$86.2K -6,190 -0.6%
N
34
Nuveen
North Carolina
$11.1M +$853K +61,265 +7%
Swiss National Bank
35
Swiss National Bank
Switzerland
$10.5M +$269K +19,300 +2%
BAMCO Inc
36
BAMCO Inc
New York
$9.97M
Fidelity Investments
37
Fidelity Investments
Massachusetts
$9.89M +$11.9M +856,828 +7,251%
JCM
38
JAT Capital Management
Connecticut
$9.71M -$4.61M -331,054 -28%
T. Rowe Price Associates
39
T. Rowe Price Associates
Maryland
$9.33M +$427K +30,666 +4%
Two Sigma Advisers
40
Two Sigma Advisers
New York
$8.59M -$1.2M -86,000 -10%
GM
41
Granger Management
New York
$8.58M -$706K -50,700 -6%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$8.45M -$125K -8,995 -1%
Wells Fargo
43
Wells Fargo
California
$7.74M -$117K -8,390 -1%
Jane Street
44
Jane Street
New York
$7.05M -$1.02M -73,607 -11%
UBS Group
45
UBS Group
Switzerland
$6.92M -$7.75M -556,514 -48%
CIC
46
Carnegie Investment Counsel
Ohio
$6.92M -$1M -72,200 -11%
CS
47
Credit Suisse
Switzerland
$6.69M -$1.84M -132,402 -18%
CBA
48
Coastal Bridge Advisors
Connecticut
$6.15M -$3.51K -252 -0%
TC
49
TwinBeech Capital
New York
$5.89M +$1.31M +94,337 +22%
JFG
50
Jefferies Financial Group
New York
$5.69M +$487K +35,000 +8%