We are live on ! Find out more
DUOL icon

Duolingo

471 hedge funds and large institutions have $11.4B invested in Duolingo in 2025 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 185 increasing their positions, 148 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 94 | Existing positions closed: 75

25% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 148

3% more funds holding

Funds holding: 458471 (+13)

2% less capital invested

Capital invested by funds: $11.7B → $11.4B (-$293M)

3% less call options, than puts

Call options by funds: $176M | Put options by funds: $181M

1.12% less ownership

Funds ownership: 95.54%94.42% (-1.1%)

14% less funds holding in top 10

Funds holding in top 10: 1412 (-2)

Holders
471
Holders Change
+13
Holders Change %
+2.84%
% of All Funds
6.32%
Holding in Top 10
12
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
94
Increased
185
Reduced
148
Closed
75
Calls
$176M
Puts
$181M
Net Calls
-$5.26M
Net Calls Change
+$13.3M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.12B -$13.1M -38,187 -1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$1.1B -$58.4M -170,674 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$1.1B -$3.55M -10,378 -0.3%
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$769M -$89.7M -262,350 -10%
DCP
5
Durable Capital Partners
Maryland
$526M -$214M -625,011 -27%
Capital World Investors
6
Capital World Investors
California
$421M +$464M +1,355,796 New
Invesco
7
Invesco
Georgia
$418M +$89.3M +261,212 +24%
DIG
8
Dragoneer Investment Group
California
$390M +$65.6M +191,941 +18%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$370M -$51.1M -149,398 -11%
State Street
10
State Street
Massachusetts
$360M +$7.47M +21,844 +2%
T. Rowe Price Investment Management
11
T. Rowe Price Investment Management
Maryland
$308M +$178M +520,069 +110%
WRCM
12
Whale Rock Capital Management
Massachusetts
$282M -$93.3M -272,706 -23%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$229M +$18.2M +53,102 +8%
GGHC
14
Gilder Gagnon Howe & Co
New York
$190M -$24.5M -71,552 -10%
Renaissance Technologies
15
Renaissance Technologies
New York
$160M +$24.1M +70,600 +16%
FAM
16
Foxhaven Asset Management
Virginia
$155M -$53.3M -155,710 -24%
Norges Bank
17
Norges Bank
Norway
$147M +$1.06M +3,093 +0.7%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$134M +$515K +1,506 +0.4%
Marshall Wace
19
Marshall Wace
United Kingdom
$131M +$11.8M +34,506 +9%
American Century Companies
20
American Century Companies
Missouri
$131M -$25.5M -74,502 -15%
Franklin Resources
21
Franklin Resources
California
$108M +$36.9M +107,955 +45%
Charles Schwab
22
Charles Schwab
California
$106M -$1.37M -4,003 -1%
CMU
23
Carnegie Mellon University
Pennsylvania
$96.2M -$1.71M -5,000 -2%
Northern Trust
24
Northern Trust
Illinois
$91.7M -$359K -1,051 -0.4%
AllianceBernstein
25
AllianceBernstein
Tennessee
$87M -$9.24M -27,005 -9%

DUOL Hedge Fund Activity: Q1 2025 in Review

471 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Duolingo (DUOL) for Q1 2025, worth a combined $11.4B — down 2.5% from $11.7B a quarter earlier.

Buyers outnumbered sellers: 94 funds opened new DUOL positions and 75 closed out — a net gain of 19 holders — while 185 added to existing stakes and 148 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $464M. The largest seller was Durable Capital Partners, cutting an estimated $214M.

  • 471 institutional investors held Duolingo (DUOL) as of Q1 2025, up from 458 in Q4 2024.
  • Funds reported $11.4B of Duolingo stock for Q1 2025, down 2.5% quarter-over-quarter.
  • 94 funds opened new Duolingo positions in Q1 2025 and 75 closed out, a net change of +19 holders.
  • The largest Duolingo buyer in Q1 2025 was Capital World Investors, an estimated $464M added.
  • The largest Duolingo seller in Q1 2025 was Durable Capital Partners, an estimated $214M sold.

Based on aggregated 13F filings for Q1 2025.