DaveManuel.com · Institutional Ownership · Who Owns It
DUOLINGO INC (DUOL)
Institutional ownership reported to the SEC as of Q2 2026, across 21 quarters.
440
Reporting holders
$5.5B
Reported value
6.8%
Calls
7.4%
Puts
+59
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BAILLIE GIFFORD & CO | $554.9M | 4,824,298 | 0.50% | 20q | -1.1%-$5.9M |
| BlackRock, Inc. | $444.8M | 3,867,080 | 0.01% | 8q | -3.0%-$13.7M |
| AQR CAPITAL MANAGEMENT LLC | $268.3M | 2,332,543 | 0.09% | 14q | +2019.6%+$255.6M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $255.4M incl. $230.8M options CALL+PUT | 213,697 | 0.02% | 20q | +173.6%+$162.0M |
| VANGUARD CAPITAL MANAGEMENT LLC | $200.8M | 1,745,689 | 0.00% | 2q | +1.3%+$2.6M |
| TWO SIGMA INVESTMENTS, LP | $188.6M incl. $1.2M options CALL+PUT | 1,629,242 | 0.14% | 18q | +16.7%+$27.0M |
| FIL Ltd | $184.4M | 1,603,554 | 0.13% | 4q | -1.2%-$2.2M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $184.4M | 1,603,280 | 0.01% | 2q | -1.8%-$3.4M |
| CITADEL ADVISORS LLC | $181.8M incl. $181.5M options CALL+PUT | 2,607 | 0.02% | 20q | -99.0%-$18.9B |
| FEDERATED HERMES, INC. | $157.8M | 1,371,817 | 0.23% | 14q | +9.5%+$13.7M |
| STATE OF MICHIGAN RETIREMENT SYSTEM | $150.2M | 1,306,107 | 0.67% | 9q | +9.5%+$13.0M |
| STATE STREET CORP | $141.4M | 1,229,391 | 0.00% | 20q | +3.9%+$5.3M |
| BANK OF AMERICA CORP /DE/ | $136.9M | 1,190,378 | 0.01% | 20q | -10.7%-$16.3M |
| FMR LLC | $130.1M | 1,131,136 | 0.01% | 20q | +3.5%+$4.3M |
| UBS Group AG | $124.2M incl. $6.2M options CALL | 1,026,002 | 0.02% | 20q | -6.6%-$8.7M |
| JANE STREET GROUP, LLC | $121.3M incl. $101.4M options CALL+PUT | 173,041 | 0.01% | 15q | -74.2%-$349.1M |
| PeakShares LLC | $115.0M | 1,000,000 | 0.09% | 2q | +99900.0%+$114.9M |
| IMC-Chicago, LLC | $96.1M incl. $89.9M options CALL+PUT | 53,521 | 0.02% | 10q | -40.6%-$65.6M |
| GOLDMAN SACHS GROUP INC | $94.8M incl. $23.0M options PUT | 624,532 | 0.01% | 20q | +77.2%+$41.3M |
| GEODE CAPITAL MANAGEMENT, LLC | $88.5M | 769,071 | 0.00% | 20q | -6.0%-$5.7M |
| Quinn Opportunity Partners LLC | $63.9M | 555,664 | 2.96% | 3q | +11.7%+$6.7M |
| D. E. Shaw & Co., Inc. | $60.9M incl. $38.3M options CALL+PUT | 196,726 | 0.03% | 17q | -29.8%-$25.9M |
| MORGAN STANLEY | $58.2M | 506,166 | 0.00% | 20q | -46.9%-$51.5M |
| GILDER GAGNON HOWE & CO LLC | $57.8M | 502,344 | 0.60% | 20q | -1.2%-$713.8K |
| Whale Rock Capital Management LLC | $54.3M | 471,764 | 0.44% | 14q | HELD |
| Amundi | $54.2M | 471,288 | 0.01% | 13q | +4.9%+$2.6M |
| BNP PARIBAS FINANCIAL MARKETS | $53.4M | 463,923 | 0.02% | 7q | -4.0%-$2.2M |
| Squarepoint Ops LLC | $45.0M incl. $7.7M options CALL+PUT | 324,472 | 0.05% | 17q | +1372.3%+$41.9M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $41.2M | 358,498 | 0.01% | 20q | +16.8%+$5.9M |
| NORGES BANK | $37.0M | 321,546 | 0.00% | 18q | -34.5%-$19.5M |
| Walleye Trading LLC | $36.9M incl. $22.9M options CALL+PUT | 121,663 | 0.04% | 20q | +4.3%+$1.5M |
| NORTHERN TRUST CORP | $36.2M | 314,860 | 0.00% | 20q | -5.9%-$2.3M |
| JPMORGAN CHASE & CO | $34.0M | 291,182 | 0.00% | 20q | -38.2%-$21.0M |
| Carnegie Mellon University | $33.9M | 294,814 | 42.96% | 19q | HELD |
| SG Americas Securities, LLC | $30.8M | 267,900 | 0.02% | 17q | +238.1%+$21.7M |
| VANGUARD FIDUCIARY TRUST CO | $29.0M | 252,559 | 0.01% | 2q | HELD |
| Point72 Asset Management, L.P. | $27.9M incl. $3.2M options CALL | 215,054 | 0.03% | 3q | HELD |
| Bank of New York Mellon Corp | $27.6M | 240,328 | 0.00% | 20q | -3.7%-$1.1M |
| SIMPLEX TRADING, LLC | $25.7M incl. $19.6M options CALL+PUT | 53,120 | 0.02% | 19q | +70.3%+$10.6M |
| RENAISSANCE TECHNOLOGIES LLC | $24.3M | 211,526 | 0.03% | 16q | -65.0%-$45.1M |
| HRT FINANCIAL LP | $23.2M incl. $2.1M options OPT | 202,048 | 0.04% | 2q | -21.4%-$6.3M |
| Pacer Advisors, Inc. | $23.1M | 201,194 | 0.06% | 9q | -15.6%-$4.3M |
| AMERICAN CENTURY COMPANIES INC | $19.4M | 168,402 | 0.01% | 12q | +29.0%+$4.4M |
| Invesco Ltd. | $19.4M | 168,299 | 0.00% | 17q | -53.0%-$21.8M |
| Nantahala Capital Management, LLC | $19.3M | 167,754 | 0.32% | 2q | +67.8%+$7.8M |
| CITIGROUP INC | $17.5M incl. $920.2K options PUT | 144,356 | 0.01% | 19q | -40.2%-$11.8M |
| Capital International Investors | $17.2M | 149,640 | 0.00% | 4q | HELD |
| Gotham Asset Management, LLC | $16.8M | 145,646 | 0.04% | 6q | +264.8%+$12.2M |
| Polymer Capital Management (HK) LTD | $14.1M | 122,300 | 0.71% | new | NEW |
| Jump Financial, LLC | $13.8M | 119,987 | 0.11% | 16q | +3613.6%+$13.4M |
| TUDOR INVESTMENT CORP ET AL | $13.7M incl. $8.4M options CALL+PUT | 46,340 | 0.02% | 7q | -50.9%-$14.2M |
| Balyasny Asset Management L.P. | $13.7M incl. $11.5M options CALL | 18,766 | 0.02% | 5q | HELD |
| RHUMBLINE ADVISERS | $11.6M | 100,987 | 0.01% | 17q | -17.6%-$2.5M |
| Sessa Capital IM, L.P. | $11.5M PUT | options only | 0.19% | 4q | OPTIONS |
| Trexquant Investment LP | $11.0M | 95,786 | 0.06% | 5q | -24.3%-$3.5M |
| Voleon Capital Management LP | $10.5M | 91,526 | 0.19% | 3q | -33.2%-$5.2M |
| FIRST TRUST ADVISORS LP | $10.5M | 91,520 | 0.01% | 17q | -8.0%-$910.2K |
| MILLENNIUM MANAGEMENT LLC | $10.5M incl. $2.2M options CALL+PUT | 72,013 | 0.00% | 19q | -78.3%-$37.9M |
| PRINCIPAL FINANCIAL GROUP INC | $10.5M | 91,363 | 0.01% | 17q | +1.5%+$152.2K |
| DIMENSIONAL FUND ADVISORS LP | $10.3M | 89,444 | 0.00% | 13q | -22.5%-$3.0M |
| GROUP ONE TRADING LLC | $10.1M incl. $7.3M options CALL+PUT | 24,448 | 0.01% | 15q | +46.2%+$3.2M |
| Man Group plc | $10.1M | 87,488 | 0.02% | 16q | +14.9%+$1.3M |
| Jasper Ridge Partners, L.P. | $10.0M | 87,108 | 0.21% | 18q | HELD |
| WINMILL & CO. INC | $10.0M | 86,552 | 2.20% | new | NEW |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $9.9M | 86,296 | 0.00% | 19q | +2.2%+$210.9K |
| IEQ CAPITAL, LLC | $9.3M | 81,051 | 0.04% | new | NEW |
| Nuveen, LLC | $9.3M | 80,483 | 0.00% | 6q | HELD |
| Mitsubishi UFJ Trust & Banking Corp | $9.1M | 78,723 | 0.02% | 20q | -7.2%-$702.9K |
| Swiss National Bank | $8.9M | 77,360 | 0.00% | 19q | +9.8%+$793.6K |
| Clear Street Group Inc. | $8.7M | 75,519 | 0.02% | 3q | -41.0%-$6.0M |
| Arthedge Capital Management, LLC | $8.6M | 74,800 | 5.36% | 12q | HELD |
| Private Advisor Group, LLC | $8.6M | 74,690 | 0.04% | 12q | +19.1%+$1.4M |
| USS Investment Management Ltd | $8.3M | 71,790 | 0.03% | 2q | +13.2%+$962.6K |
| BARCLAYS PLC | $8.2M | 71,608 | 0.00% | 18q | -8.7%-$780.3K |
| ENVESTNET ASSET MANAGEMENT INC | $8.1M | 70,426 | 0.00% | 10q | +878.4%+$7.3M |
| Baird Financial Group, Inc. | $8.0M | 69,331 | 0.01% | 2q | +881.9%+$7.2M |
| KR Capital LP | $7.9M | 68,462 | 0.78% | new | NEW |
| Proem Advisors LLC | $7.9M | 68,450 | 0.42% | 5q | HELD |
| CI INVESTMENTS INC. | $7.2M | 62,713 | 0.02% | 12q | HELD |
| Cerity Partners LLC | $7.1M incl. $11.5K options CALL | 61,459 | 0.01% | new | NEW |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | $7.1M | 61,430 | 0.05% | 19q | -4.1%-$299.5K |
| Mariner, LLC | $6.8M | 58,815 | 0.01% | new | NEW |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $6.7M | 57,893 | 0.01% | 7q | -18.8%-$1.5M |
| Fideuram Asset Management (Ireland) dac | $6.1M | 60,841 | 0.12% | new | NEW |
| CAPITAL FUND MANAGEMENT S.A. | $6.1M CALL+PUT | options only | 0.03% | 4q | OPTIONS |
| SEI INVESTMENTS CO | $5.8M | 50,619 | 0.01% | 14q | +442.8%+$4.8M |
| Creative Planning | $5.8M | 50,526 | 0.00% | 11q | +249.0%+$4.1M |
| Legal & General Group Plc | $5.8M | 50,000 | 0.00% | 19q | -1.1%-$62.8K |
| ACADIAN ASSET MANAGEMENT LLC | $5.3M | 46,091 | 0.01% | 15q | +44.5%+$1.6M |
| Qube Research & Technologies Ltd | $5.2M CALL+PUT | options only | 0.00% | 5q | OPTIONS |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $5.1M | 44,511 | 0.00% | 19q | +6.7%+$321.0K |
| PRICE T ROWE ASSOCIATES INC /MD/ | $5.1M | 44,010 | 0.00% | 20q | +8.4%+$393.9K |
| California Public Employees Retirement System | $5.0M | 43,890 | 0.00% | 10q | -4.2%-$219.2K |
| X-Square Capital, LLC | $5.0M | 43,186 | 1.26% | 5q | HELD |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | $4.9M | 42,581 | 0.32% | 3q | +682.0%+$4.3M |
| Retirement Systems of Alabama | $4.8M | 41,616 | 0.01% | 9q | -15.2%-$855.6K |
| ALLIANCEBERNSTEIN L.P. | $4.8M | 48,313 | 0.00% | 17q | +2.2%+$104.6K |
| Edgestream Partners, L.P. | $4.8M | 41,309 | 0.14% | 3q | -32.1%-$2.2M |
| Lingotto Investment Management LLP | $4.6M | 40,045 | 0.10% | 5q | HELD |
| Marex Group Ltd | $4.6M | 39,905 | 0.02% | 4q | -18.0%-$1.0M |
Five percent filings
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-10-30 | 13G/A | Vanguard Capital Management | 4.8% |
| 2026-10-20 | 13G/A | BAILLIE GIFFORD & CO | 11.3% |
What the company announced
Form 8-K filings from the last 120 days, showing only the items worth a reader's attention. Earnings releases, exhibit attachments and general disclosures are filed constantly and are left out. Filed is when the SEC received it; event is the date the company says the thing happened.
| Filed | Event date | What | Source |
|---|---|---|---|
| 2026-08-10 | 2026-08-10 | Directors or officers departed or appointed | filing |
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-09-08 | GORDON WILLIAM B | Director | Sold | 10,000 | $1.5M ×6 |
| 2026-09-14 | Chen Stephen C. | General Counsel | Sold | 8,072 | $1.2M ×2 |
| 2026-05-18 | Glance Natalie | Chief Engineering Officer | Sold | 3,360 | $381.7K ×2 |
| 2026-08-17 | Glance Natalie | Chief Engineering Officer | Sold | 2,751 | $355.2K |
| 2026-05-18 | Chen Stephen C. | General Counsel | Sold | 1,977 | $224.6K ×2 |
| 2026-05-15 | Glance Natalie | Chief Engineering Officer | Sold | 1,929 | $216.4K |
| 2026-08-18 | Glance Natalie | Chief Engineering Officer | Sold | 1,539 | $212.1K ×2 |
| 2026-08-17 | Meese Robert | Chief Business Officer | Sold | 1,354 | $174.8K |
| 2026-05-15 | Meese Robert | Chief Business Officer | Sold | 1,420 | $159.3K |
| 2026-08-17 | Chen Stephen C. | General Counsel | Sold | 1,024 | $132.2K |
Ten percent owners and entities
Usually an institution that crossed a reporting threshold, or a company taking a strategic stake, rather than an individual with a view.
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-07 | von Ahn Luis | President & CEO, Co-Founder | Sold | 110,046 | $16.7M ×4 |
| 2026-09-24 | von Ahn Luis | President & CEO, Co-Founder | Sold | 46,682 | $7.0M ×3 |
| 2026-09-21 | von Ahn Luis | President & CEO, Co-Founder | Sold | 37,366 | $5.6M ×2 |
| 2026-09-16 | von Ahn Luis | President & CEO, Co-Founder | Sold | 28,292 | $4.3M ×2 |
| 2026-09-22 | von Ahn Luis | President & CEO, Co-Founder | Sold | 3,614 | $549.0K ×2 |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 121 | $271.1M | 1,916,969 | 24 | 47 | 23 | 0.0% |
| Q2 2026 | 440 | $5.5B | 40,931,391 | 114 | 142 | 126 | 14.3% |
| Q1 2026 | 381 | $4.6B | 38,688,776 | 51 | 163 | 110 | 17.8% |
| Q4 2025 | 482 | $8.0B | 38,293,495 | 76 | 148 | 189 | 15.5% |
| Q3 2025 | 556 | $15.0B | 39,383,732 | 90 | 221 | 176 | 15.7% |
| Q2 2025 | 601 | $16.5B | 38,578,721 | 171 | 230 | 129 | 4.1% |
| Q1 2025 | 482 | $11.8B | 36,880,325 | 94 | 170 | 140 | 3.0% |
| Q4 2024 | 469 | $12.1B | 36,213,001 | 85 | 154 | 144 | 3.0% |
| Q3 2024 | 401 | $10.7B | 36,158,832 | 88 | 111 | 138 | 4.8% |
| Q2 2024 | 362 | $7.9B | 36,068,985 | 88 | 114 | 113 | 4.5% |
| Q1 2024 | 339 | $8.1B | 34,815,094 | 65 | 115 | 115 | 4.8% |
| Q4 2023 | 322 | $7.9B | 33,331,963 | 83 | 108 | 84 | 4.2% |
| Q3 2023 | 250 | $5.6B | 32,887,403 | 49 | 84 | 80 | 2.5% |
| Q2 2023 | 240 | $4.8B | 32,857,157 | 62 | 98 | 49 | 2.9% |
| Q1 2023 | 198 | $4.6B | 31,271,396 | 67 | 63 | 49 | 3.8% |
| Q4 2022 | 156 | $1.9B | 26,978,245 | 28 | 60 | 39 | 1.4% |
| Q3 2022 | 158 | $35.3B | 370,554,525 | 36 | 61 | 37 | 0.2% |
| Q2 2022 | 142 | $52.6B | 600,054,108 | 57 | 41 | 30 | 0.1% |
| Q1 2022 | 103 | $65.1B | 683,666,718 | 29 | 39 | 19 | 0.1% |
| Q4 2021 | 102 | $1.7B | 15,513,437 | 51 | 27 | 11 | 2.4% |
| Q3 2021 | 72 | $1.9B | 11,430,739 | 72 | 0 | 0 | 2.4% |