Duolingo
DUOL
319 hedge funds and large institutions have $7.29B invested in Duolingo in 2023 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 111 increasing their positions, 86 reducing their positions, and 20 closing their positions.
395% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 20
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
36% more capital invested
Capital invested by funds: $5.35B → $7.29B (+$1.94B)
32% more funds holding
Funds holding: 242 → 319 (+77)
29% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 86
0.77% less ownership
Funds ownership: 90.56% → 89.79% (-0.77%)
26% less call options, than puts
Call options by funds: $142M | Put options by funds: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$58.6M |
| 2 |
Millennium Management
New York
|
+$34.7M |
| 3 |
Two Sigma Advisers
New York
|
+$33.1M |
| 4 |
Man Group
London,
United Kingdom
|
+$29.9M |
| 5 |
BlackRock
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$174M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$126M |
| 3 |
GA
General Atlantic
New York
|
-$96.3M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$59.9M |
| 5 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
-$43.3M |
DUOL Hedge Fund Activity: Q4 2023 in Review
319 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q4 2023, worth a combined $7.29B — up 36% from $5.35B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new DUOL positions and 20 closed out — a net gain of 79 holders — while 111 added to existing stakes and 86 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $58.6M. The largest seller was Baillie Gifford & Co, cutting an estimated $174M.
- 319 institutional investors held Duolingo (DUOL) as of Q4 2023, up from 242 in Q3 2023.
- Funds reported $7.29B of Duolingo stock for Q4 2023, up 36% quarter-over-quarter.
- 99 funds opened new Duolingo positions in Q4 2023 and 20 closed out, a net change of +79 holders.
- The largest Duolingo buyer in Q4 2023 was D.E. Shaw & Co, an estimated $58.6M added.
- The largest Duolingo seller in Q4 2023 was Baillie Gifford & Co, an estimated $174M sold.
Based on aggregated 13F filings for Q4 2023.