We are live on ! Find out more
DUOL icon

Duolingo
DUOL

458 hedge funds and large institutions have $11.7B invested in Duolingo in 2024 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 160 increasing their positions, 145 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

221% more first-time investments, than exits

New positions opened: 106 | Existing positions closed: 33

17% more funds holding

Funds holding: 390 → 458 (+68)

16% more capital invested

Capital invested by funds: $10.2B → $11.7B (+$1.58B)

10% more repeat investments, than reductions

Existing positions increased: 160 | Existing positions reduced: 145

10% less call options, than puts

Call options by funds: $170M | Put options by funds: $189M

1.66% less ownership

Funds ownership: 97.2% → 95.54% (-1.7%)

7% less funds holding in top 10

Funds holding in top 10: 15 → 14 (-1)

Holders
458
Holders Change
+68
Holders Change %
+17.44%
% of All Funds
6.03%
Holding in Top 10
14
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.67%
% of All Funds
0.18%
New
106
Increased
160
Reduced
145
Closed
33
Calls
$170M
Puts
$189M
Net Calls
-$18.5M
Net Calls Change
-$12.7M

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$338M
2
T. Rowe Price Investment Management
T. Rowe Price Investment Management
Maryland
+$127M
3
Invesco
Invesco
Georgia
+$120M
4
BlackRock
BlackRock
New York
+$62.7M
5
Norges Bank
Norges Bank
Norway
+$55.4M

Top Sellers

1
DCP
Durable Capital Partners
Maryland
-$226M
2
DIG
Dragoneer Investment Group
California
-$151M
3
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
-$147M
4
AllianceBernstein
AllianceBernstein
Tennessee
-$143M
5
IAIM
International Assets Investment Management
Florida
-$113M
Name Holding Trade Value Shares
Change 		Change in
Stake
PEAK6
451
PEAK6
Illinois
$635 +$637 +2 New
AWM
452
Atticus Wealth Management
Florida
$325 – – –
MCM
453
MV Capital Management
Maryland
$325 – – –
LWANC
454
Laurel Wealth Advisors (North Carolina)
North Carolina
$325 +$318 +1 New
RIL
455
Rothschild Investment LLC
Illinois
$324 – – –
AF
456
Advisornet Financial
Minnesota
$324 +$318 +1 New
CSWM
457
Cassady Schiller Wealth Management
Ohio
$324 +$318 +1 New
NC
458
NewSquare Capital
Pennsylvania
$324 +$318 +1 New
Artisan Partners
459
Artisan Partners
Wisconsin
– -$24.5M -86,771 Closed
MGP
460
M&G plc
United Kingdom
– -$10.8M -38,301 Closed
RAM
461
Readystate Asset Management
Illinois
– -$5.08M -18,000 Closed
KSWA
462
Kathleen S. Wright Associates
Pennsylvania
– -$4.03M -14,281 Closed
TI
463
Trexquant Investment
Connecticut
– -$3.9M -13,832 Closed
QC
464
Quent Capital
New York
– -$3.45M -12,250 Closed
BCM
465
Bayesian Capital Management
New York
– -$2.9M -10,300 Closed
Walleye Trading
466
Walleye Trading
New York
– -$2.25M -7,061 Closed
GC
467
Guggenheim Capital
Illinois
– -$1.71M -6,058 Closed
BAM
468
Blueshift Asset Management
New Jersey
– -$1.15M -4,066 Closed
PP
469
Paloma Partners
Connecticut
– -$762K -2,702 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
470
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
– -$717K -2,544 Closed
Nomura Asset Management
471
Nomura Asset Management
Japan
– -$741K -2,329 Closed
JGC
472
J. Goldman & Co
New York
– -$657K -2,328 Closed
CC
473
Corton Capital
Ontario, Canada
– -$587K -2,083 Closed
TCM
474
Teza Capital Management
Illinois
– -$547K -1,940 Closed
TSS
475
Two Sigma Securities
New York
– -$542K -1,703 Closed
16 17 18
19
20

DUOL Hedge Fund Activity: Q4 2024 in Review

458 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q4 2024, worth a combined $11.7B — up 16% from $10.2B a quarter earlier.

Buyers outnumbered sellers: 106 funds opened new DUOL positions and 33 closed out — a net gain of 73 holders — while 160 added to existing stakes and 145 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $338M. The largest seller was Durable Capital Partners, cutting an estimated $226M.

  • 458 institutional investors held Duolingo (DUOL) as of Q4 2024, up from 390 in Q3 2024.
  • Funds reported $11.7B of Duolingo stock for Q4 2024, up 16% quarter-over-quarter.
  • 106 funds opened new Duolingo positions in Q4 2024 and 33 closed out, a net change of +73 holders.
  • The largest Duolingo buyer in Q4 2024 was Fidelity Investments, an estimated $338M added.
  • The largest Duolingo seller in Q4 2024 was Durable Capital Partners, an estimated $226M sold.

Based on aggregated 13F filings for Q4 2024.