DraftKings
DKNG
25 hedge funds and large institutions have $152M invested in DraftKings in 2019 Q3 according to their latest regulatory filings, with 25 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
38.5% more ownership
Funds ownership: 0% → 38.5% (+39%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GL
Governors Lane
New York
|
+$29.5M |
| 2 |
FIG
Fortress Investment Group
New York
|
+$12.3M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$11.7M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$10.9M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$9.97M |
Top Sellers
DKNG Hedge Fund Activity: Q3 2019 in Review
25 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in DraftKings (DKNG) for Q3 2019, worth a combined $152M.
Buyers outnumbered sellers: 25 funds opened new DKNG positions and 0 closed out — a net gain of 25 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Governors Lane, opening a new position worth an estimated $29.5M.
- 25 institutional investors held DraftKings (DKNG) as of Q3 2019, up from 0 in Q2 2019.
- Funds reported $152M of DraftKings stock for Q3 2019.
- 25 funds opened new DraftKings positions in Q3 2019 and 0 closed out, a net change of +25 holders.
- The largest DraftKings buyer in Q3 2019 was Governors Lane, an estimated $29.5M added.
Based on aggregated 13F filings for Q3 2019.