Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in DKNG held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 26.6M | $575.1M | +0.9% | 5.366% | 0.01% |
| 2 | Capital World Investors | 24.7M | $534.3M | +32.7% | 4.985% | 0.07% |
| 3 | AQR CAPITAL MANAGEMENT LLC | 22.9M | $482.0M | +38.7% | 4.610% | 0.22% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 21.3M | $461.0M | — | 4.301% | 0.01% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 18.6M | $402.0M | — | 3.751% | 0.02% |
| 6 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 15.0M | $324.1M | +1.7% | 3.024% | 0.04% |
| 7 | CIBC Bancorp USA Inc. | 12.2M | $264.5M | — | 2.468% | 0.36% |
| 8 | UBS Group AG | 11.5M | $249.3M | +0.8% | 2.326% | 0.04% |
| 9 | STATE STREET CORP | 10.2M | $220.0M | +1.5% | 2.052% | 0.01% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 9.7M | $209.3M | +2.2% | 1.957% | 0.01% |
| 11 | SPRUCE HOUSE INVESTMENT MANAGEMENT LLC | 9.7M | $208.6M | +129.6% | 1.947% | 7.45% |
| 12 | FMR LLC | 9.4M | $202.4M | -64.8% | 1.888% | 0.01% |
| 13 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 7.3M | $158.9M | -0.8% | 1.482% | 0.05% |
| 14 | BAILLIE GIFFORD & CO | 7.2M | $156.0M | -3.2% | 1.455% | 0.16% |
| 15 | MORGAN STANLEY | 6.8M | $147.5M | -17.1% | 1.376% | 0.01% |
| 16 | GOLDMAN SACHS GROUP INC | 5.9M | $127.2M | +52.6% | 1.187% | 0.01% |
| 17 | Atlas Venture Advisors, Inc. | 5.3M | $115.0M | 0.0% | 1.073% | 94.58% |
| 18 | BANK OF AMERICA CORP /DE/ | 4.3M | $93.4M | -8.4% | 0.871% | 0.01% |
| 19 | BAMCO INC /NY/ | 4.2M | $91.2M | -9.8% | 0.851% | 0.28% |
| 20 | JACOBS LEVY EQUITY MANAGEMENT, INC | 4.1M | $89.7M | +2594.6% | 0.837% | 0.38% |
| 21 | IEQ CAPITAL, LLC | 4.1M | $88.9M | +94.5% | 0.829% | 0.41% |
| 22 | WELLINGTON MANAGEMENT GROUP LLP | 4.0M | $87.1M | +737.0% | 0.812% | 0.02% |
| 23 | AMERIPRISE FINANCIAL INC | 3.7M | $79.5M | -28.9% | 0.742% | 0.02% |
| 24 | CADIAN CAPITAL MANAGEMENT, LP | 3.7M | $79.2M | -33.7% | 0.739% | 9.64% |
| 25 | RAYMOND JAMES FINANCIAL INC | 3.7M | $78.9M | +11.9% | 0.753% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in DKNG — a direct measure of their conviction.
Filings activity in DKNG during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 682 | 13% | 54.78% | 49.19 pp | $7.88B | 47% |
| Q4 2025 | 783 | 1.6% | 103.97% | 4.07 pp | $14.95B | 3.8% |
| Q3 2025 | 796 | 2.2% | 108.04% | 14.78 pp | $15.53B | 12% |
| Q2 2025 | 814 | +4.9% | 122.82% | +30.53 pp | $17.66B | +33% |
| Q1 2025 | 776 | +1.3% | 92.29% | 5.14 pp | $13.27B | 5.3% |
| Q4 2024 | 766 | +4.2% | 97.43% | +0.52 pp | $14.01B | +0.5% |
| Q3 2024 | 735 | 3.0% | 96.91% | +1.57 pp | $13.93B | +1.7% |
| Q2 2024 | 758 | — | 95.34% | — | $13.71B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying DKNG stock.
Based on Q1 2026 13F filings, institutional ownership of DraftKings Inc. stands at 54.8%, held across 682 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of DKNG, with approximately 26,599,818 shares worth $0.58B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of DKNG, including SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for DKNG is 22 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
106 institutions opened new positions in DKNG during Q1 2026, while 207 fully exited. 90 added to existing positions and 482 trimmed.
DKNG institutional ownership fell by 49.19 percentage points quarter-over-quarter, with a net change of -101 holders.
The top 10 institutions account for 47.2% of all reported 13F value in DKNG, and the top 25 account for 70.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
DraftKings Inc. (DKNG) Institutional Ownership