Duolingo
DUOL
242 hedge funds and large institutions have $5.35B invested in Duolingo in 2023 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 42 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
19% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 42
16% more capital invested
Capital invested by funds: $4.61B → $5.35B (+$745M)
3% more funds holding
Funds holding: 236 → 242 (+6)
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
2.2% less ownership
Funds ownership: 92.76% → 90.56% (-2.2%)
18% less call options, than puts
Call options by funds: $63.6M | Put options by funds: $77.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$52.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$43.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35.4M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$72.6M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$46M |
| 3 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$35.8M |
| 4 |
Morgan Stanley
New York
|
-$30.2M |
| 5 |
Millennium Management
New York
|
-$28.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
276
Bridgefront Capital
Austin,
Texas
| – | -$275K | -1,922 | Closed |
|
|
RJFSA
277
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$240K | -1,682 | Closed |
|
278
Envestnet Asset Management
Chicago,
Illinois
| – | -$216K | -1,510 | Closed |
|
|
VRS
279
Virginia Retirement Systems
Richmond,
Virginia
| – | -$200K | -1,400 | Closed |
|
|
NICM
280
Neo Ivy Capital Management
New York
| – | -$194K | -1,356 | Closed |
|
|
HCM
281
Hollencrest Capital Management
Newport Beach,
California
| – | -$20.4K | -143 | Closed |
|
|
SWM
282
Spire Wealth Management
Mclean,
Virginia
| – | -$10K | -70 | Closed |
|
|
2L
283
25 LLC
St. Louis,
Missouri
| – | -$5.85K | -38 | Closed |
|
|
VCM
284
Versant Capital Management
Phoenix,
Arizona
| – | -$572 | -4 | Closed |
|
DUOL Hedge Fund Activity: Q3 2023 in Review
242 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q3 2023, worth a combined $5.35B — up 16% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new DUOL positions and 42 closed out — a net gain of 8 holders — while 85 added to existing stakes and 81 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $52.8M. The largest seller was Deutsche Bank, cutting an estimated $72.6M.
- 242 institutional investors held Duolingo (DUOL) as of Q3 2023, up from 236 in Q2 2023.
- Funds reported $5.35B of Duolingo stock for Q3 2023, up 16% quarter-over-quarter.
- 50 funds opened new Duolingo positions in Q3 2023 and 42 closed out, a net change of +8 holders.
- The largest Duolingo buyer in Q3 2023 was Wellington Management Group, an estimated $52.8M added.
- The largest Duolingo seller in Q3 2023 was Deutsche Bank, an estimated $72.6M sold.
Based on aggregated 13F filings for Q3 2023.