| 4 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 2.2M | $255.4M | -4.5% | 4.765% | 0.02% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 1.7M | $200.8M | +1.3% | 3.747% | 0.00% |
| 6 | TWO SIGMA INVESTMENTS, LP | 1.6M | $188.6M | +14.1% | 3.518% | 0.14% |
| 7 | FIL Ltd | 1.6M | $184.4M | -1.2% | 3.442% | 0.13% |
| 8 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.6M | $184.4M | -1.8% | 3.441% | 0.01% |
| 9 | CITADEL ADVISORS LLC | 1.6M | $181.8M | -22.1% | 3.392% | 0.01% |
| 10 | FEDERATED HERMES, INC. | 1.4M | $157.8M | +9.5% | 2.944% | 0.23% |
| 11 | STATE OF MICHIGAN RETIREMENT SYSTEM | 1.3M | $150.2M | +9.4% | 2.803% | 0.67% |
| 12 | STATE STREET CORP | 1.2M | $141.4M | +3.9% | 2.639% | 0.00% |
| 13 | BANK OF AMERICA CORP /DE/ | 1.2M | $136.9M | -10.7% | 2.555% | 0.01% |
| 14 | FMR LLC | 1.1M | $130.1M | +3.5% | 2.428% | 0.01% |
| 15 | UBS Group AG | 1.1M | $124.2M | -3.8% | 2.317% | 0.02% |
| 16 | JANE STREET GROUP, LLC | 1.1M | $121.3M | -28.3% | 2.263% | 0.01% |
| 17 | PeakShares LLC | 1K | $115.0M | 0.0% | 0.002% | 0.09% |
| 18 | GOLDMAN SACHS GROUP INC | 824K | $94.8M | +133.8% | 1.769% | 0.01% |
| 19 | GEODE CAPITAL MANAGEMENT, LLC | 769K | $88.5M | -6.0% | 1.651% | 0.00% |
| 20 | Quinn Opportunity Partners LLC | 556K | $63.9M | +11.7% | 1.193% | 2.96% |
| 21 | D. E. Shaw & Co., Inc. | 530K | $60.9M | -2.5% | 1.137% | 0.03% |
| 22 | MORGAN STANLEY | 506K | $58.2M | -46.9% | 1.086% | 0.00% |
| 23 | GILDER GAGNON HOWE & CO LLC | 502K | $57.8M | -1.2% | 1.078% | 0.60% |
| 24 | Whale Rock Capital Management LLC | 472K | $54.3M | 0.0% | 1.012% | 0.44% |
| 25 | Amundi | 471K | $54.2M | +5.0% | 1.012% | 0.01% |
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.
| 86.95% |
| 0.09 pp |
| $10.56B |
| 4.0% |
| Q4 2024 | 440 | +17% | 87.04% | 2.26 pp | $11.00B | +14% |
| Q3 2024 | 375 | — | 89.30% | — | $9.65B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
112 institutions opened new positions in DUOL during Q2 2026, while 56 fully exited. 238 added to existing positions and 77 trimmed.
DUOL institutional ownership fell by 1.46 percentage points quarter-over-quarter, with a net change of +64 holders.
The top 10 institutions account for 50.1% of all reported 13F value in DUOL, and the top 25 account for 77.8%.
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.