Duolingo
DUOL
585 hedge funds and large institutions have $15.8B invested in Duolingo in 2025 Q2 according to their latest regulatory filings, with 167 funds opening new positions, 236 increasing their positions, 136 reducing their positions, and 49 closing their positions.
241% more first-time investments, than exits
New positions opened: 167 | Existing positions closed: 49
74% more repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 136
38% more capital invested
Capital invested by funds: $11.4B → $15.8B (+$4.33B)
24% more funds holding
Funds holding: 471 → 585 (+114)
3.6% more ownership
Funds ownership: 94.42% → 98.03% (+3.6%)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
38% less call options, than puts
Call options by funds: $253M | Put options by funds: $410M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$411M |
| 2 |
BlackRock
New York
|
+$274M |
| 3 |
Two Sigma Advisers
New York
|
+$254M |
| 4 |
Two Sigma Investments
New York
|
+$247M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$218M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$388M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$349M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$272M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$250M |
| 5 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$184M |
DUOL Hedge Fund Activity: Q2 2025 in Review
585 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q2 2025, worth a combined $15.8B — up 38% from $11.4B a quarter earlier.
Buyers outnumbered sellers: 167 funds opened new DUOL positions and 49 closed out — a net gain of 118 holders — while 236 added to existing stakes and 136 trimmed.
The largest buyer was Capital World Investors, adding an estimated $411M. The largest seller was Dragoneer Investment Group, cutting an estimated $388M.
- 585 institutional investors held Duolingo (DUOL) as of Q2 2025, up from 471 in Q1 2025.
- Funds reported $15.8B of Duolingo stock for Q2 2025, up 38% quarter-over-quarter.
- 167 funds opened new Duolingo positions in Q2 2025 and 49 closed out, a net change of +118 holders.
- The largest Duolingo buyer in Q2 2025 was Capital World Investors, an estimated $411M added.
- The largest Duolingo seller in Q2 2025 was Dragoneer Investment Group, an estimated $388M sold.
Based on aggregated 13F filings for Q2 2025.