Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in DUOL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BAILLIE GIFFORD & CO | 4.9M | $480.6M | +0.3% | 10.465% | 0.49% |
| 2 | BlackRock, Inc. | 4.0M | $392.9M | +2.3% | 8.556% | 0.01% |
| 3 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.3M | $229.3M | +30.3% | 4.992% | 0.03% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 1.7M | $169.8M | — | 3.698% | 0.00% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.6M | $160.9M | — | 3.504% | 0.01% |
| 6 | FIL Ltd | 1.6M | $160.0M | +226.2% | 3.483% | 0.12% |
| 7 | TWO SIGMA INVESTMENTS, LP | 1.4M | $141.6M | +484.2% | 3.083% | 0.11% |
| 8 | BANK OF AMERICA CORP /DE/ | 1.3M | $131.3M | +511.2% | 2.859% | 0.01% |
| 9 | FEDERATED HERMES, INC. | 1.3M | $123.5M | +1320.4% | 2.689% | 0.20% |
| 10 | STATE OF MICHIGAN RETIREMENT SYSTEM | 1.2M | $117.6M | +112.9% | 2.561% | 0.62% |
| 11 | STATE STREET CORP | 1.2M | $116.7M | +2.3% | 2.540% | 0.00% |
| 12 | UBS Group AG | 1.1M | $110.7M | +244.7% | 2.409% | 0.02% |
| 13 | FMR LLC | 1.1M | $107.8M | -58.6% | 2.347% | 0.01% |
| 14 | MORGAN STANLEY | 954K | $94.0M | +130.7% | 2.047% | 0.01% |
| 15 | GEODE CAPITAL MANAGEMENT, LLC | 818K | $80.7M | +0.8% | 1.756% | 0.01% |
| 16 | RENAISSANCE TECHNOLOGIES LLC | 604K | $59.5M | +91.3% | 1.296% | 0.09% |
| 17 | D. E. Shaw & Co., Inc. | 543K | $53.5M | — | 1.166% | 0.05% |
| 18 | GILDER GAGNON HOWE & CO LLC | 509K | $50.1M | +0.5% | 1.091% | 0.60% |
| 19 | Quinn Opportunity Partners LLC | 497K | $49.0M | +290.1% | 1.068% | 2.56% |
| 20 | Walleye Trading LLC | 491K | $48.4M | +289.7% | 1.053% | 0.12% |
| 21 | BNP PARIBAS ARBITRAGE, SA | 483K | $47.6M | +1218.0% | 1.037% | 0.02% |
| 22 | Whale Rock Capital Management LLC | 472K | $46.5M | -46.2% | 1.012% | 0.60% |
| 23 | Amundi | 449K | $44.3M | +1351.7% | 0.964% | 0.01% |
| 24 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | 429K | $42.3M | — | 0.921% | 0.17% |
| 25 | Squarepoint Ops LLC | 410K | $40.4M | +16.3% | 0.880% | 0.05% |
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 DUOL — a direct measure of their conviction.
Filings activity in DUOL 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 | 361 | 22% | 68.36% | 48.76 pp | $3.91B | 42% |
| Q4 2025 | 461 | 12% | 117.12% | 82.87 pp | $6.69B | 47% |
| Q3 2025 | 522 | 9.1% | 199.99% | +0.00 pp | $12.65B | 15% |
| Q2 2025 | 574 | +26% | 199.99% | +15.20 pp | $14.97B | +42% |
| Q1 2025 | 456 | +3.6% | 184.79% | 7.76 pp | $10.56B | 4.0% |
| Q4 2024 | 440 | +17% | 192.55% | +23.67 pp | $11.00B | +14% |
| Q3 2024 | 375 | +9.3% | 168.88% | +43.90 pp | $9.65B | +35% |
| Q2 2024 | 343 | — | 124.98% | — | $7.14B | — |
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 DUOL stock.
Based on Q1 2026 13F filings, institutional ownership of Duolingo, Inc. stands at 68.4%, held across 361 reporting institutions.
BAILLIE GIFFORD & CO is the largest reported institutional holder of DUOL, with approximately 4,875,810 shares worth $0.48B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of DUOL, including SUSQUEHANNA INTERNATIONAL GROUP, LLP, TWO SIGMA INVESTMENTS, LP, RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for DUOL is 36 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
65 institutions opened new positions in DUOL during Q1 2026, while 165 fully exited. 65 added to existing positions and 229 trimmed.
DUOL institutional ownership fell by 48.76 percentage points quarter-over-quarter, with a net change of -100 holders.
The top 10 institutions account for 54.0% of all reported 13F value in DUOL, and the top 25 account for 79.3%.
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.
Duolingo, Inc. (DUOL) Institutional Ownership