DuolingoDUOL

13F holders, Q4 2025 (December 31)
475holders −70
74new positions
155sold out
8famous investors
$175.74avg. 13F price*

At the end of Q4 2025, 475 institutions reported holding Duolingo (DUOL) in their 13F filings, down 70 from Q3 2025. 74 opened new positions and 155 sold out. The largest holders were Baillie Gifford & Co. ($853.2M), BlackRock, Inc. ($684.3M) and Vanguard Group Inc. ($635.6M). 8 famous investors held it, including Alex Sacerdote (2.0% of Whale Rock Capital Management's portfolio), Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio) and Cliff Asness (0.1% of AQR Capital Management's portfolio).

Company
Duolingo
CUSIP
26603R106
Latest filing quarter
Q2 2026

History

Number of 13F holders

0200400600 Q1 2024: 337Q1 2024Q2 2024: 357Q2 2024Q3 2024: 390Q3 2024Q4 2024: 458Q4 2024Q1 2025: 471Q1 2025Q2 2025: 584Q2 2025Q3 2025: 545Q3 2025Q4 2025: 475Q4 2025Q1 2026: 372Q1 2026Q2 2026: 435Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions74$167.3M
Exits155$644.8M

All 13F filers, Q3 2025 → Q4 2025: 6,064,376 shares bought and 7,930,466 shares sold, net −1,866,090 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 475 holders

Baillie Gifford & Co. 0.71% Add +71.9% 4,861,445 $853.2M
BlackRock, Inc. 0.01% Reduce -6.8% 3,898,862 $684.3M
Vanguard Group Inc. 0.01% Reduce -0.7% 3,621,788 $635.6M
FMR LLC 0.02% Reduce -16.9% 2,640,486 $463.4M
Capital World Investors 0.05% Add +0.5% 2,241,378 $393.4M
Dragoneer Investment Group, LLC 4.44% Reduce -26.6% 1,159,887 $203.6M
State Street Corp. 0.01% Add +0.3% 1,157,219 $203.1M
Whale Rock Capital Management 1.97% Add +1.0% 876,646 $153.9M
Geode Capital Management, LLC 0.01% Add +2.5% 811,809 $142.5M
T. Rowe Price Investment Management, Inc. 0.09% Reduce -39.3% 778,819 $136.7M
AQR Capital Management 0.07% Add +4.6% 774,710 $136.0M
Invesco Ltd. 0.01% Reduce -9.3% 668,648 $117.3M
Foxhaven Asset Management, LP 2.47% Add +14.4% 571,840 $100.4M
State of Michigan Retirement System 0.48% Add +5800.0% 560,500 $98.4M
Gilder Gagnon Howe & Co. LLC 0.94% Reduce -11.6% 506,131 $88.8M
FIL Ltd 0.07% Add +1715575.9% 497,546 $87.3M
Norges Bank 0.01% — 490,935 $86.2M
Morgan Stanley 0.00% Add +3.8% 413,487 $72.6M
Citadel Advisors 0.04% Add +38.7% 319,143 $56.0M
Renaissance Technologies 0.09% Reduce -41.7% 315,554 $55.4M
UBS Group AG 0.01% Reduce -12.3% 311,621 $54.7M
Northern Trust Corp. 0.01% Reduce -1.7% 309,316 $54.3M
Capital International Investors 0.01% Add +0.9% 308,605 $54.2M
Charles Schwab Investment Management Inc. 0.01% Add +3.5% 297,276 $52.2M
Carnegie Mellon University 57.94% No change 294,814 $51.7M
Spyglass Capital Management LLC 2.52% Add +6.8% 286,873 $50.3M
Millennium Management 0.03% Add +595.4% 267,882 $47.0M
T. Rowe Price Associates Inc. 0.00% Reduce -53.1% 247,130 $43.4M
Bank of New York Mellon Corp 0.01% Reduce -2.2% 243,401 $42.7M
Altshuler Shaham Ltd 0.65% Add +41353.2% 243,330 $42.7M
Bank of America Corp. 0.00% Reduce -5.6% 217,986 $38.3M
Goldman Sachs Group Inc. 0.01% Reduce -2.9% 208,678 $36.6M
Dimensional Fund Advisors LP 0.01% Add +55.1% 186,630 $32.8M
ThornTree Capital Partners LP 5.43% New 184,867 $32.4M
Citigroup Inc. 0.02% Reduce -29.3% 183,589 $32.2M
Two Sigma Investments, LP 0.05% Reduce -27.6% 182,386 $32.0M
BIT Capital GmbH 1.37% Add +33.1% 178,910 $31.4M
JPMorgan Chase & Co. 0.00% Reduce -19.7% 154,717 $27.2M
Peregrine Capital Management LLC 0.70% Add +50.3% 129,515 $22.7M
Squarepoint Ops LLC 0.05% Reduce -26.9% 128,801 $22.6M
Quinn Opportunity Partners LLC 0.97% New 127,499 $22.4M
First Trust Advisors LP 0.02% Reduce -35.6% 121,829 $21.4M
Capital Fund Management S.A. 0.20% Add +411.2% 121,002 $21.2M
Rhumbline Advisers 0.02% Reduce -1.6% 120,925 $21.2M
Trexquant Investment LP 0.19% Add +715.0% 119,824 $21.0M
Durable Capital Partners LP 0.20% Reduce -86.4% 119,181 $20.9M
American Century Companies Inc. 0.01% Add +7.0% 112,682 $19.8M
Qube Research & Technologies Ltd 0.03% Add +852.3% 112,279 $19.7M
Two Sigma Advisers, LP 0.04% Reduce -67.3% 106,080 $18.6M
Dream Peak Capital Ltd 2.86% — 104,532 $18.3M
Susquehanna International Group, LLP 0.02% Add +667.3% 96,224 $16.9M
Los Angeles Capital Management LLC 0.06% Reduce -41.9% 62,590 $16.4M
Federated Hermes, Inc. 0.03% Reduce -46.8% 88,218 $15.5M
Jasper Ridge Partners, L.P. 0.34% No change 87,108 $15.3M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +0.7% 86,990 $15.3M
Principal Financial Group Inc. 0.01% Reduce -2.4% 85,698 $15.0M
Walleye Capital LLC 0.09% Add +31.6% 79,786 $14.0M
SG Americas Securities, LLC 0.02% Add +3247.8% 77,904 $13.7M
Mitsubishi UFJ Trust & Banking Corp 0.03% Add +206.9% 77,674 $13.6M
Arthedge Capital Management, LLC 9.57% Add +68.8% 74,800 $13.1M
Nuveen, LLC 0.00% Add +1.7% 73,800 $13.0M
Swiss National Bank 0.01% Add +2.9% 70,460 $12.4M
Marshall Wace, LLP 0.01% New 67,802 $11.9M
Canada Pension Plan Investment Board 0.01% Add +90.4% 65,664 $11.5M
CI Investments Inc. 0.05% Add +63621.6% 64,996 $11.4M
Deutsche Bank AG 0.00% Reduce -50.1% 64,769 $11.4M
Natixis 0.04% New 61,856 $10.9M
Congress Asset Management Co. 0.08% Add +3.3% 61,711 $10.8M
Alyeska Investment Group, L.P. 0.03% New 61,441 $10.8M
Teachers Retirement System of the State of Kentucky 0.08% Reduce -3.1% 61,314 $10.8M
Clearbridge Investments, LLC 0.01% Reduce -32.5% 57,576 $10.1M
Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% Add +3.7% 57,484 $10.1M
Legal & General Group Plc 0.00% Reduce -3.2% 57,245 $10.0M
Bienville Capital Management, LLC 1.57% New 56,500 $9.9M
Cerity Partners LLC 0.01% Reduce -25.6% 54,336 $9.5M
TD Asset Management Inc 0.01% Reduce -46.4% 53,730 $9.4M
Barclays PLC 0.00% Add +0.1% 52,160 $9.2M
Jump Financial, LLC 0.12% Add +123.2% 50,226 $8.8M
California Public Employees Retirement System 0.01% Reduce -21.7% 50,004 $8.8M
Brown Capital Management LLC 0.72% Reduce -37.4% 49,876 $8.8M
Alliancebernstein L.P. 0.00% Reduce -83.5% 48,972 $8.6M
Franklin Resources Inc. 0.00% Reduce -1.6% 48,043 $8.4M
Retirement Systems of Alabama 0.03% Add +0.1% 48,023 $8.4M
Pacer Advisors, Inc. 0.02% Reduce -18.1% 46,213 $8.1M
Toronto Dominion Bank 0.01% New 45,867 $8.0M
Janus Henderson Group PLC 0.00% Add +197.0% 45,180 $7.9M
Sycomore Asset Management 1.30% No change 28,184 $7.8M
Square Peg Capital PTY Ltd. 7.36% Add +17.8% 41,924 $7.4M
Algert Global LLC 0.11% Add +1.3% 40,574 $7.1M
Sands Capital Management, LLC 0.02% Reduce -16.1% 39,975 $7.0M
D. E. Shaw & Co. 0.01% Add +313.9% 37,335 $6.6M
BNP Paribas Financial Markets 0.00% Reduce -33.3% 36,647 $6.4M
Walleye Trading LLC 0.10% Add +757.5% 36,445 $6.4M
New York State Teachers Retirement System 0.01% Reduce -1.5% 36,285 $6.4M
Worldquant Millennium Advisors LLC 0.02% Add +479.1% 35,805 $6.3M
Ameriprise Financial Inc. 0.00% Reduce -43.0% 35,557 $6.2M
Balyasny Asset Management L.P. 0.01% Reduce -91.5% 35,392 $6.2M
Private Advisor Group, LLC 0.03% Add +85.5% 35,287 $6.2M
Y-Intercept (Hong Kong) Ltd 0.13% Add +2.1% 34,112 $6.0M
California State Teachers Retirement System 0.01% Add +1.1% 34,020 $6.0M

"% of holder's portfolio" is DUOL's weight in each manager's 13F, not the share of Duolingo the manager owns.

Show all 475 holders