We are live on ! Find out more
DUOL icon

Duolingo

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: 390458 (+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: 1514 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
JCM
101
JAT Capital Management
Connecticut
$9.74M +$9.56M +30,036 New
BNP Paribas Financial Markets
102
BNP Paribas Financial Markets
France
$9.71M +$9.53M +29,942 New
Manulife (Manufacturers Life Insurance)
103
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.68M -$96.4K -303 -1%
New York State Teachers Retirement System (NYSTRS)
104
New York State Teachers Retirement System (NYSTRS)
New York
$9.63M +$716K +2,251 +8%
Mitsubishi UFJ Trust & Banking
105
Mitsubishi UFJ Trust & Banking
Japan
$9.55M -$1.16M -3,657 -11%
State of Wisconsin Investment Board
106
State of Wisconsin Investment Board
Wisconsin
$9.4M -$743K -2,335 -7%
VOYA Investment Management
107
VOYA Investment Management
Georgia
$8.51M -$292K -919 -3%
Ensign Peak Advisors
108
Ensign Peak Advisors
Utah
$8.1M +$3.65M +11,472 +85%
Capital Fund Management (CFM)
109
Capital Fund Management (CFM)
France
$7.9M -$6.09M -19,143 -44%
SAM
110
Sycomore Asset Management
France
$7.83M -$3.61M -11,354 -29%
MIM
111
MetLife Investment Management
New Jersey
$7.45M +$631K +1,983 +9%
GLA
112
Great Lakes Advisors
Illinois
$7.4M -$223K -700 -3%
OCM
113
Osterweis Capital Management
California
$6.84M -$5.37M -16,861 -44%
Raymond James Financial
114
Raymond James Financial
Florida
$6.68M +$6.55M +20,594 New
MOACM
115
Mutual of America Capital Management
New York
$6.49M -$69.1K -217 -1%
Mitsubishi UFJ Asset Management
116
Mitsubishi UFJ Asset Management
Japan
$6.44M
SEI Investments
117
SEI Investments
Pennsylvania
$6.12M +$3.22M +10,127 +116%
Millennium Management
118
Millennium Management
New York
$6.1M +$3.02M +9,483 +102%
AB
119
Amalgamated Bank
New York
$6M +$54.7K +172 +0.9%
RG
120
Renaissance Group
Kentucky
$5.67M -$501K -1,573 -8%
ACM
121
Atika Capital Management
New York
$5.64M -$31.8K -100 -0.6%
CPIH
122
Consolidated Press International Holdings
Australia
$5.61M -$1.87M -5,860 -25%
Treasurer of the State of North Carolina
123
Treasurer of the State of North Carolina
North Carolina
$5.3M +$102K +320 +2%
ECM
124
ExodusPoint Capital Management
New York
$5.26M +$5.16M +16,218 New
1832 Asset Management
125
1832 Asset Management
Ontario, Canada
$5.25M

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.