Duolingo
DUOL
194 hedge funds and large institutions have $4.23B invested in Duolingo in 2023 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 22 closing their positions.
182% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 22
120% more capital invested
Capital invested by funds: $1.92B → $4.23B (+$2.31B)
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
25% more funds holding
Funds holding: 155 → 194 (+39)
21% more call options, than puts
Call options by funds: $95.5M | Put options by funds: $78.7M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
8.1% more ownership
Funds ownership: 86.44% → 94.54% (+8.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$136M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$125M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$60.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.8M |
| 5 |
D.E. Shaw & Co
New York
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCPI
NewView Capital Partners I
Burlingame,
California
|
-$71.1M |
| 2 |
Morgan Stanley
New York
|
-$40.5M |
| 3 |
GA
General Atlantic
New York
|
-$32.4M |
| 4 |
BC
BIT Capital
Berlin,
Germany
|
-$31.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$19.4M |
DUOL Hedge Fund Activity: Q1 2023 in Review
194 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q1 2023, worth a combined $4.23B — up 120% from $1.92B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new DUOL positions and 22 closed out — a net gain of 40 holders — while 64 added to existing stakes and 49 trimmed.
The largest buyer was Whale Rock Capital Management, opening a new position worth an estimated $136M. The largest seller was NewView Capital Partners I, exiting entirely with an estimated $71.1M sold.
- 194 institutional investors held Duolingo (DUOL) as of Q1 2023, up from 155 in Q4 2022.
- Funds reported $4.23B of Duolingo stock for Q1 2023, up 120% quarter-over-quarter.
- 62 funds opened new Duolingo positions in Q1 2023 and 22 closed out, a net change of +40 holders.
- The largest Duolingo buyer in Q1 2023 was Whale Rock Capital Management, an estimated $136M added.
- The largest Duolingo seller in Q1 2023 was NewView Capital Partners I, an estimated $71.1M sold.
Based on aggregated 13F filings for Q1 2023.