Duolingo
DUOL
390 hedge funds and large institutions have $10.2B invested in Duolingo in 2024 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 123 increasing their positions, 141 reducing their positions, and 49 closing their positions.
69% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 49
50% more funds holding in top 10
Funds holding in top 10: 10 → 15 (+5)
36% more capital invested
Capital invested by funds: $7.48B → $10.2B (+$2.69B)
9% more funds holding
Funds holding: 357 → 390 (+33)
0.62% less ownership
Funds ownership: 96.88% → 96.25% (-0.62%)
2% less call options, than puts
Call options by funds: $255M | Put options by funds: $261M
13% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 141
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$170M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$116M |
| 3 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
+$114M |
| 4 |
ACM
Altimeter Capital Management
Boston,
Massachusetts
|
+$39.3M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BIT Capital
Berlin,
Germany
|
-$62.1M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$59.9M |
| 3 |
Jane Street
New York
|
-$59.6M |
| 4 |
Goldman Sachs
New York
|
-$50.8M |
| 5 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$47M |
DUOL Hedge Fund Activity: Q3 2024 in Review
390 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q3 2024, worth a combined $10.2B — up 36% from $7.48B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new DUOL positions and 49 closed out — a net gain of 34 holders — while 123 added to existing stakes and 141 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $170M. The largest seller was BIT Capital, cutting an estimated $62.1M.
- 390 institutional investors held Duolingo (DUOL) as of Q3 2024, up from 357 in Q2 2024.
- Funds reported $10.2B of Duolingo stock for Q3 2024, up 36% quarter-over-quarter.
- 83 funds opened new Duolingo positions in Q3 2024 and 49 closed out, a net change of +34 holders.
- The largest Duolingo buyer in Q3 2024 was T. Rowe Price Associates, an estimated $170M added.
- The largest Duolingo seller in Q3 2024 was BIT Capital, an estimated $62.1M sold.
Based on aggregated 13F filings for Q3 2024.