Duolingo
DUOL
429 hedge funds and large institutions have $4.57B invested in Duolingo in 2026 Q2 according to their latest regulatory filings, with 122 funds opening new positions, 141 increasing their positions, 123 reducing their positions, and 57 closing their positions.
114% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 57
20% more capital invested
Capital invested by funds: $3.81B → $4.57B (+$758M)
16% more funds holding
Funds holding: 370 → 429 (+59)
15% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 123
2.31% more ownership
Funds ownership: 96.51% → 98.82% (+2.3%)
8% less call options, than puts
Call options by funds: $376M | Put options by funds: $410M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$243M |
| 2 |
Squarepoint
New York
|
+$33.1M |
| 3 |
Goldman Sachs
New York
|
+$29.8M |
| 4 |
Two Sigma Investments
New York
|
+$25.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$54.5M |
| 2 |
Morgan Stanley
New York
|
-$49M |
| 3 |
Renaissance Technologies
New York
|
-$42.9M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
-$42.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$29.7M |
DUOL Hedge Fund Activity: Q2 2026 in Review
429 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q2 2026, worth a combined $4.57B — up 20% from $3.81B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new DUOL positions and 57 closed out — a net gain of 65 holders — while 141 added to existing stakes and 123 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $243M. The largest seller was Jane Street, cutting an estimated $54.5M.
- 429 institutional investors held Duolingo (DUOL) as of Q2 2026, up from 370 in Q1 2026.
- Funds reported $4.57B of Duolingo stock for Q2 2026, up 20% quarter-over-quarter.
- 122 funds opened new Duolingo positions in Q2 2026 and 57 closed out, a net change of +65 holders.
- The largest Duolingo buyer in Q2 2026 was AQR Capital Management, an estimated $243M added.
- The largest Duolingo seller in Q2 2026 was Jane Street, an estimated $54.5M sold.
Based on aggregated 13F filings for Q2 2026.