undamentalytics Newsletter

Draftkings Inc.: which funds bought and sold

Institutions that bought and sold Draftkings shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 294 institutions that filed 13F reports for both quarters added to or opened positions in Draftkings, and 376 cut or closed them. Together they added a net 13.1M shares, +3.7% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 184K shares (−0.1%); index fund managers were net sellers of 4.9M shares (−5.1%). 111 opened a new position and 128 sold out entirely.

Bought, Q2 2026 294 institutions, 111 of them new holders Sold, Q2 2026 376 institutions, 128 of them sold out
Net change, all compared +13.1M shares (+3.7%)
Net change, active managers −184K shares (−0.1%), 24 bought, 54 sold

Buyers versus sellers

institutions compared, 799
Active managers and hedge funds 24 bought · 54 sold · −184K
Index fund managers 4 bought · 7 sold · −4.9M
Other institutions 266 bought · 315 sold · +18.2M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
CIBC Bancorp Usa Inc. +25.1M +205.0% 37.3M $943M
Pointstate Capital LP Hedge fund +9.0M New position 9.0M $227M
AQR Capital Management LLC Hedge fund +6.8M +29.8% 29.7M $749M
Contour Asset Management LLC Hedge fund +4.6M New position 4.6M $117M
Hood River Capital Management LLC +3.8M +834.9% 4.2M $107M
Qube Research & Technologies Ltd Hedge fund +2.5M New position 2.5M $62.9M
CIBC World Market Inc. +2.0M +128.0% 3.5M $89M
Arrowstreet Capital, Limited Partnership Hedge fund +1.8M New position 1.8M $45.7M
Capital Impact Advisors, LLC +1.6M New position 1.6M $39.2M
Mufg Securities Emea PLC +1.4M New position 1.4M $36.5M
Ameriprise Financial Inc +1.4M +37.5% 5.1M $128M
Marshall Wace, LLP Hedge fund +1.0M New position 1.0M $26.1M
Steadfast Capital Management LP Hedge fund +1.0M New position 1.0M $25.7M
Longaeva Partners L.P. +998K +9110.1% 1.0M $25.5M
Dimensional Fund Advisors LP +907K +145.6% 1.5M $38.6M
Connor, Clark & Lunn Investment Management Ltd. +749K +62.5% 1.9M $49.2M
Man Group PLC Hedge fund +718K +256.8% 998K $25.2M
Vanguard Portfolio Management LLC Index funds +600K +3.2% 19.2M $485M
Russell Investments Group, Ltd. +575K +87.6% 1.2M $31.1M
Jpmorgan Chase & Co +572K +20.6% 3.3M $86.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
FMR LLC Active manager −4.3M −45.8% 5.1M $128M
T. Rowe Price Investment Management, Inc. Active manager −4.3M Sold out 0 —
Cadian Capital Management, LP Hedge fund −3.7M Sold out 0 —
Blackrock, Inc. Index funds −3.6M −13.7% 23.0M $580M
Point72 Asset Management, L.P. Hedge fund −2.5M Sold out 0 —
Jane Street Group, LLC −1.9M −96.4% 73K $1.8M
Brown Advisory Inc Active manager −1.9M Sold out 0 —
State Street Corp Index funds −1.8M −17.8% 8.4M $211M
Nordea Investment Management AB −1.8M Sold out 0 —
Capital Research Global Investors Active manager −1.8M Sold out 0 —
HRT Financial LP −1.5M Sold out 0 —
Squarepoint Ops LLC Hedge fund −1.4M −74.2% 475K $12M
Invesco Ltd. −1.3M −51.9% 1.2M $30.5M
Sumitomo Mitsui Trust Group, Inc. −1.3M −40.5% 1.9M $47.4M
Neuberger Berman Group LLC Active manager −1.1M −53.2% 943K $23.8M
Bank Of America Corp −1.1M −24.7% 3.3M $82.1M
Goldman Sachs Group Inc −1.0M −24.8% 3.1M $77.8M
Arrowmark Colorado Holdings LLC −1.0M −62.6% 600K $15.2M
Royal Bank Of Canada −948K −59.3% 652K $16.5M
Holocene Advisors, LP Hedge fund −876K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Pointstate Capital LPHedge fund 9.0M $227M
Contour Asset Management LLCHedge fund 4.6M $117M
Qube Research & Technologies LtdHedge fund 2.5M $62.9M
Arrowstreet Capital, Limited PartnershipHedge fund 1.8M $45.7M
Capital Impact Advisors, LLC 1.6M $39.2M
Mufg Securities Emea PLC 1.4M $36.5M
Marshall Wace, LLPHedge fund 1.0M $26.1M
Steadfast Capital Management LPHedge fund 1.0M $25.7M
Mirabella Financial Services LLP 509K $12.8M
Natixis 282K $7.1M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
T. Rowe Price Investment Management, Inc.Active manager 4.3M $92.1M
Cadian Capital Management, LPHedge fund 3.7M $79.2M
Point72 Asset Management, L.P.Hedge fund 2.5M $54.5M
Brown Advisory IncActive manager 1.9M $40.6M
Capital Research Global InvestorsActive manager 1.8M $38.5M
Nordea Investment Management AB 1.8M $38M
HRT Financial LP 1.5M $31.8M
Holocene Advisors, LPHedge fund 876K $18.9M
Capital International InvestorsActive manager 496K $10.7M
Defiance Etfs, LLC 433K $9.4M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
683
Ten largest holders
51.9%
of 13F-reported shares
Index fund managers
22.2%
of 13F-reported shares
Active managers and hedge funds
31.7%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 24 54 11 18 −184K −0.1%
Index fund managers 4 7 0 0 −4.9M −5.1%
Other institutions 266 315 100 110 +18.2M +13.7%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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