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
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 74 | $167.3M |
| Exits | 155 | $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 |
| Lingotto Investment Management LLP | 0.10% | Add +34.3% | 33,563 | $5.9M |
| State Board of Administration of Florida Retirement System | 0.01% | Reduce -2.2% | 32,941 | $5.8M |
| Cresset Asset Management, LLC | 0.02% | Reduce -0.0% | 32,576 | $5.7M |
| Voleon Capital Management LP | 0.12% | New | 31,451 | $5.5M |
| Amundi | 0.00% | Add +81.8% | 30,934 | $5.4M |
| Ensign Peak Advisors, Inc | 0.01% | Add +15.8% | 30,352 | $5.3M |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 0.18% | — | 27,950 | $4.9M |
| Ieq Capital, LLC | 0.01% | Reduce -41.6% | 27,434 | $4.8M |
| Erste Asset Management GmbH | 0.04% | Reduce -41.1% | 26,643 | $4.8M |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -0.9% | 26,742 | $4.7M |
| Victory Capital Management Inc. | 0.00% | Reduce -32.2% | 26,092 | $4.6M |
| WT Asset Management Ltd | 0.18% | New | 26,000 | $4.6M |
| Wellington Management Group LLP | 0.00% | Reduce -0.7% | 25,404 | $4.5M |
| State of Wisconsin Investment Board | 0.01% | Add +21.0% | 25,252 | $4.4M |
| Virtu Financial LLC | 0.17% | New | 24,397 | $4.3M |
| Capital International Sarl | 0.07% | Add +1.6% | 24,108 | $4.2M |
| X-Square Capital, LLC | 1.36% | Add +206.6% | 23,686 | $4.2M |
| LPL Financial LLC | 0.00% | Add +124.6% | 23,398 | $4.1M |
| Acadian Asset Management LLC | 0.01% | Reduce -70.7% | 22,488 | $3.9M |
| GC Wealth Management RIA, LLC | 0.14% | Reduce -11.5% | 21,885 | $3.8M |
| Landscape Capital Management, L.L.C. | 0.25% | New | 21,381 | $3.8M |
| MetLife Investment Management, LLC | 0.02% | Reduce -3.6% | 21,353 | $3.7M |
| Sora Investors LLC | 0.32% | New | 20,866 | $3.7M |
| Allianz Asset Management GmbH | 0.00% | Reduce -4.4% | 20,254 | $3.6M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -42.4% | 20,102 | $3.5M |
| New York State Common Retirement Fund | 0.00% | No change | 20,067 | $3.5M |
| Brevan Howard Capital Management LP | 0.07% | New | 19,574 | $3.4M |
| Wells Fargo & Company | 0.00% | Reduce -80.6% | 19,281 | $3.4M |
| Mariner, LLC | 0.00% | Add +45.8% | 19,171 | $3.4M |
| Lido Advisors, LLC | 0.01% | Reduce -0.2% | 10,387 | $3.3M |
| Amalgamated Bank | 0.02% | Reduce -1.6% | 18,915 | $3.3M |
| Quantinno Capital Management LP | 0.01% | Add +716.2% | 18,153 | $3.2M |
| Investment House LLC | 0.15% | Add +250.7% | 18,038 | $3.2M |
| Man Group plc | 0.01% | Reduce -92.2% | 18,019 | $3.2M |
| SteelPeak Wealth, LLC | 0.10% | Add +79.9% | 18,002 | $3.2M |
| Danica Pension, Livsforsikringsaktieselskab | 0.05% | No change | 17,950 | $3.2M |
| Fieldview Capital Management, LLC | 0.51% | Add +108.0% | 17,239 | $3.0M |
| Illinois Municipal Retirement Fund | 0.04% | New | 16,766 | $2.9M |
| Palidye Holdings (Caymans) Ltd | 0.60% | New | 16,752 | $2.9M |
| Mutual of America Capital Management LLC | 0.03% | Reduce -9.2% | 16,652 | $2.9M |
| Jacobs Levy Equity Management, Inc. | 0.01% | Reduce -13.3% | 16,533 | $2.9M |
| Ossiam | 0.06% | Reduce -1.3% | 16,500 | $2.9M |
| Proem Advisors LLC | 0.97% | Reduce -4.4% | 16,250 | $2.9M |
| Voya Investment Management LLC | 0.00% | Add +14.8% | 16,079 | $2.8M |
| Treasurer of the State of North Carolina | 0.01% | Reduce -5.7% | 15,924 | $2.8M |
| Osaic Holdings, Inc. | 0.00% | Reduce -25.3% | 15,923 | $2.8M |
| Police & Firemen's Retirement System of New Jersey | 0.02% | Reduce -4.5% | 15,886 | $2.8M |
| Capital International Ltd. | 0.10% | Add +6.8% | 15,386 | $2.7M |
| Bridgewater Associates | 0.01% | Reduce -70.0% | 15,162 | $2.7M |
| Axq Capital, LP | 0.60% | Add +665.4% | 15,140 | $2.7M |
| Marex Group Ltd | 0.03% | Add +673.6% | 14,846 | $2.6M |
| HSBC Holdings PLC | 0.00% | Reduce -11.1% | 14,619 | $2.6M |
| Eurizon Capital SGR S.p.A. | 0.01% | — | 14,589 | $2.6M |
| Intech Investment Management LLC | 0.02% | Reduce -72.0% | 13,711 | $2.4M |
| Credit Agricole S A | 0.01% | New | 13,322 | $2.3M |
| Russell Investments Group, Ltd. | 0.00% | Reduce -69.7% | 13,289 | $2.3M |
| Headlands Technologies LLC | 0.19% | New | 13,076 | $2.3M |
| Aquatic Capital Management LLC | 0.06% | Reduce -66.5% | 12,946 | $2.3M |
| Employees Retirement System of Texas | 0.02% | No change | 12,921 | $2.3M |
| Quent Capital, LLC | 0.16% | Add +21133.9% | 12,528 | $2.2M |
| State of New Jersey Common Pension Fund D | 0.01% | Reduce -0.9% | 12,316 | $2.2M |
| Lazard Freres Gestion S.A.S. | 0.04% | New | 12,000 | $2.1M |
| Lighthouse Investment Partners, LLC | 0.07% | Add +1232.9% | 11,796 | $2.1M |
| Public Employees Retirement System of Ohio | 0.01% | Reduce -2.5% | 11,442 | $2.0M |
| Triodos Investment Management BV | 0.14% | Add +63.0% | 11,000 | $1.9M |
| Louisiana State Employees Retirement System | 0.03% | Add +0.9% | 11,100 | $1.9M |
| Alps Advisors Inc. | 0.01% | Add +34.0% | 10,762 | $1.9M |
| Handelsbanken Fonder AB | 0.01% | No change | 10,700 | $1.9M |
| Quadrature Capital Ltd | 0.02% | New | 10,623 | $1.9M |
| State of Tennessee, Department of Treasury | 0.01% | Reduce -13.2% | 13,759 | $1.8M |
| Yousif Capital Management, LLC | 0.02% | Reduce -1.6% | 12,356 | $1.8M |
| Thrivent Financial for Lutherans | 0.00% | Add +14.0% | 10,396 | $1.8M |
| Kestra Private Wealth Services, LLC | 0.02% | Add +17.0% | 10,191 | $1.8M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.01% | Reduce -1.7% | 10,013 | $1.8M |
| Arizona State Retirement System | 0.01% | Reduce -5.1% | 9,908 | $1.7M |
| Oak Thistle LLC | 0.24% | Add +122.4% | 9,887 | $1.7M |
| Bridgefront Capital, LLC | 0.43% | Add +242.0% | 9,818 | $1.7M |
| South Dakota Investment Council | 0.03% | Add +54.6% | 9,740 | $1.7M |
| GF Fund Management Co. LTD. | 0.03% | Reduce -51.1% | 9,679 | $1.7M |
| Leonteq Securities AG | 0.09% | Add +790.6% | 9,583 | $1.7M |
| Comerica Bank | 0.01% | Reduce -25.1% | 9,564 | $1.7M |
| Caisse de depot et placement du Quebec | 0.00% | Add +5.1% | 9,208 | $1.6M |
| Northwestern Mutual Investment Management Company, LLC | 0.02% | Add +1.2% | 8,953 | $1.6M |
| Merit Financial Group, LLC | 0.01% | Reduce -20.1% | 8,912 | $1.6M |
| Prudential PLC | 0.01% | New | 8,834 | $1.6M |
| Cwm, LLC | 0.00% | Reduce -62.2% | 8,810 | $1.5M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -30.1% | 8,488 | $1.5M |
| Edgestream Partners, L.P. | 0.04% | New | 8,488 | $1.5M |
| Cetera Investment Advisers | 0.00% | Reduce -5.8% | 8,467 | $1.5M |
| Group One Trading LLC | 0.04% | Reduce -21.0% | 8,455 | $1.5M |
| Curi Capital, LLC | 0.03% | Add +16.2% | 8,418 | $1.5M |
| Royal Bank of Canada | 0.00% | Reduce -69.0% | 8,415 | $1.5M |
| Gotham Asset Management | 0.01% | Add +286.3% | 8,390 | $1.5M |
| Blueshift Asset Management, LLC | 0.42% | Add +271.3% | 8,287 | $1.5M |
| Northwest & Ethical Investments L.P. | 0.03% | Add +69.0% | 8,219 | $1.4M |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | Reduce -34.0% | 8,063 | $1.4M |
| Moran Wealth Management, LLC | 0.04% | New | 8,035 | $1.4M |
| Quantitative Investment Management, LLC | 0.14% | New | 8,033 | $1.4M |
| Capital International, Inc. | 0.01% | Add +6.3% | 8,021 | $1.4M |
| New Mexico Educational Retirement Board | 0.04% | No change | 8,000 | $1.4M |
| Oregon Public Employees Retirement Fund | 0.02% | Reduce -0.4% | 7,980 | $1.4M |
| Quantbot Technologies LP | 0.05% | Reduce -76.0% | 7,960 | $1.4M |
| KLP Kapitalforvaltning As | 0.01% | Add +3.2% | 7,640 | $1.3M |
| Xponance LLC | 0.01% | Reduce -6.3% | 7,569 | $1.3M |
| Ameritas Investment Partners, Inc. | 0.04% | Reduce -1.4% | 7,333 | $1.3M |
| Rockefeller Capital Management L.P. | 0.00% | Reduce -40.4% | 7,310 | $1.3M |
| Rathbones Group PLC | 0.01% | New | 7,249 | $1.3M |
| Creative Planning | 0.00% | Reduce -43.0% | 7,235 | $1.3M |
| Bank of Montreal | 0.00% | Add +101.6% | 7,137 | $1.3M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.00% | Add +224.2% | 7,093 | $1.3M |
| Impax Asset Management Group plc | 0.01% | Add +21.5% | 7,128 | $1.3M |
| Commonwealth Equity Services, LLC | 0.00% | Add +106.2% | 7,110 | $1.2M |
| Raymond James Financial Inc. | 0.00% | Reduce -35.1% | 6,975 | $1.2M |
| Polymer Capital Management (US) LLC | 0.15% | Add +100.8% | 6,705 | $1.2M |
| SBI Securities Co., Ltd. | 0.03% | Reduce -1.5% | 6,576 | $1.2M |
| Dynamic Technology Lab Private Ltd | 0.25% | New | 6,284 | $1.1M |
| Mercer Global Advisors Inc. | 0.00% | Reduce -21.8% | 6,211 | $1.1M |
| Gsa Capital Partners LLP | 0.09% | New | 5,932 | $1.0M |
| Krane Funds Advisors LLC | 0.03% | Reduce -4.4% | 5,811 | $1.0M |
| Sei Investments Co. | 0.00% | Reduce -88.0% | 5,557 | $975K |
| PNC Financial Services Group, Inc. | 0.00% | Add +0.5% | 5,510 | $967K |
| Scientech Research LLC | 0.59% | Add +223.4% | 5,385 | $945K |
| Pictet Asset Management Holding SA | 0.00% | Reduce -91.4% | 5,237 | $919K |
| Magnetar Financial LLC | 0.01% | New | 5,140 | $902K |
| Cynosure Group, LLC | 0.09% | Add +523.4% | 5,031 | $883K |
| Engineers Gate Manager LP | 0.01% | Reduce -30.1% | 4,780 | $839K |
| Pathstone Holdings, LLC | 0.00% | Reduce -19.1% | 4,707 | $826K |
| Empire Life Investments Inc. | 0.05% | New | 4,697 | $824K |
| Rakuten Securities, Inc. | 0.26% | Add +84.2% | 4,623 | $811K |
| Legacy Wealth Managment, LLC | 0.38% | No change | 4,500 | $790K |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 0.01% | Add +0.1% | 4,441 | $779K |
| Cim, LLC | 0.10% | Add +6.0% | 4,390 | $770K |
| AlphaGrep UK Ltd | 0.26% | — | 4,356 | $764K |
| FirstWave Capital Management LLC | 0.45% | — | 4,345 | $763K |
| Teacher Retirement System of Texas | 0.00% | Reduce -52.7% | 4,312 | $757K |
| Boothbay Fund Management, LLC | 0.02% | Add +312.5% | 4,282 | $751K |
| Hussman Strategic Advisors, Inc. | 0.18% | New | 4,200 | $737K |
| AlphaStar Capital Management, LLC | 0.05% | New | 4,157 | $730K |
| State of Alaska, Department of Revenue | 0.01% | Reduce -9.4% | 3,930 | $689K |
| Eddie Patel Inc | 0.51% | — | 3,924 | $689K |
| Federation des caisses Desjardins du Quebec | 0.00% | Add +32.3% | 3,894 | $683K |
| Truist Financial Corp. | 0.00% | Reduce -40.7% | 3,642 | $639K |
| Nomura Holdings Inc. | 0.00% | Reduce -51.3% | 3,545 | $622K |
| Advisory Services Network, LLC | 0.01% | Add +945.2% | 3,397 | $596K |
| Summit Trail Advisors, LLC | 0.01% | Add +106.4% | 3,396 | $596K |
| Fox Run Management, L.L.C. | 0.09% | Add +105.3% | 3,391 | $595K |
| Public Employees Retirement Association of Colorado | 0.00% | No change | 3,349 | $588K |
| Verition Fund Management LLC | 0.00% | New | 3,250 | $570K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | Reduce -6.7% | 3,217 | $565K |
| Prelude Capital Management, LLC | 0.04% | New | 3,176 | $557K |
| Odyssean, LLC | 0.40% | — | 3,163 | $555K |
| Tidal Investments LLC | 0.00% | Add +12.9% | 3,151 | $553K |
| SummitTX Capital, L.P. | 0.02% | New | 3,149 | $553K |
| Quadrant Capital Group LLC | 0.02% | Add +54.0% | 3,064 | $538K |
| Capital Group Investment Management Pte. LTD. | 0.09% | No change | 3,045 | $534K |
| First Citizens Bank & Trust Co. | 0.01% | Add +0.8% | 2,992 | $525K |
| Freestone Grove Partners LP | 0.00% | Reduce -94.5% | 2,967 | $521K |
| Diversify Wealth Management, LLC | 0.02% | Add +3.7% | 3,139 | $520K |
| Cambridge Investment Research Advisors, Inc. | 0.00% | Add +312.1% | 2,963 | $520K |
| Securian Asset Management, Inc. | 0.02% | No change | 2,944 | $517K |
| Counterpoint Mutual Funds LLC | 0.04% | New | 2,872 | $504K |
| Oppenheimer Asset Management Inc. | 0.01% | Reduce -7.4% | 2,856 | $501K |
| VIRGINIA RETIREMENT SYSTEMS ET Al | 0.00% | Add +65.9% | 2,735 | $480K |
| CIBC Private Wealth Group LLC | 0.00% | Reduce -6.1% | 2,724 | $478K |
| Van Eck Associates Corp. | 0.00% | New | 2,709 | $475K |
| Captrust Financial Advisors | 0.00% | Reduce -47.0% | 2,699 | $474K |
| Aviva PLC | 0.00% | Add +68.7% | 2,686 | $471K |
| Bayforest Capital Ltd | 0.35% | New | 2,682 | $471K |
| Vanguard Personalized Indexing Management, LLC | 0.00% | Reduce -13.2% | 2,668 | $468K |
| Vident Advisory, LLC | 0.00% | Add +5.8% | 2,647 | $465K |
| Pallas Capital Advisors LLC | 0.01% | Reduce -34.1% | 2,595 | $455K |
| Janney Montgomery Scott LLC | 0.00% | Add +114.6% | 2,562 | $450K |
| Allspring Global Investments Holdings, LLC | 0.00% | Reduce -56.6% | 2,545 | $449K |
| MML Investors Services, LLC | 0.00% | Reduce -50.3% | 2,534 | $445K |
| Green Alpha Advisors, LLC | 0.40% | Add +1.5% | 2,515 | $441K |
| Twin Tree Management, LP | 0.05% | Reduce -87.6% | 2,514 | $441K |
| Crossmark Global Holdings, Inc. | 0.01% | Reduce -7.9% | 2,505 | $440K |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.00% | Reduce -6.8% | 2,467 | $432K |
| Leo Wealth, LLC | 0.03% | New | 2,424 | $425K |
| Vontobel Holding Ltd. | 0.00% | Reduce -12.3% | 2,423 | $425K |
| Banco Santander, S.A. | 0.00% | Reduce -1.3% | 2,357 | $414K |
| US Bancorp \de | 0.00% | Add +28.9% | 2,342 | $411K |
| AIA Group Ltd | 0.01% | New | 2,340 | $411K |
| Profund Advisors LLC | 0.01% | Reduce -5.7% | 2,324 | $408K |
| Belpointe Asset Management LLC | 0.01% | Reduce -3.0% | 2,306 | $405K |
| Integrated Quantitative Investments LLC | 0.09% | New | 2,257 | $396K |
| M&T Bank Corp | 0.00% | Add +33.0% | 2,228 | $391K |
| Hancock Whitney Corp. | 0.01% | Reduce -92.2% | 2,227 | $391K |
| Optimize Financial Inc. | 0.20% | Add +1.3% | 2,217 | $389K |
| Focus Partners Wealth | 0.00% | Reduce -52.0% | 2,183 | $383K |
| Diversified Trust Co. | 0.01% | Add +4.5% | 2,166 | $380K |
| Joel Isaacson & Co., LLC | 0.01% | No change | 2,144 | $376K |
| Focus Partners Advisor Solutions, LLC | 0.00% | Reduce -53.1% | 2,084 | $366K |
| New York Life Investment Management LLC | 0.00% | Reduce -49.4% | 2,016 | $354K |
| HighTower Advisors, LLC | 0.00% | Reduce -12.9% | 2,013 | $353K |
| Utah Retirement Systems | 0.00% | No change | 2,000 | $351K |
| Clear Street Group Inc. | 0.00% | New | 2,000 | $351K |
| MRA Advisory Group | 0.15% | Add +57.3% | 1,972 | $346K |
| Parallax Volatility Advisers, L.P. | 0.01% | Reduce -29.6% | 1,967 | $345K |
| Rafferty Asset Management, LLC | 0.00% | Reduce -43.2% | 1,949 | $342K |
| MSH Capital Advisors LLC | 0.07% | New | 1,927 | $338K |
| Alpine Woods Capital Investors, LLC | 0.08% | New | 1,895 | $333K |
| Empowered Funds, LLC | 0.01% | New | 1,886 | $331K |
| Maryland State Retirement & Pension System | 0.01% | No change | 1,827 | $321K |
| Blair William & Co. | 0.00% | Reduce -76.4% | 1,814 | $318K |
| Jones Financial Companies LLLP | 0.00% | Add +35.2% | 1,814 | $318K |
| Sivia Capital Partners, LLC | 0.06% | New | 1,811 | $318K |
| Graham Capital Management, L.P. | 0.02% | Reduce -26.2% | 1,795 | $315K |
| Sherbrooke Park Advisers LLC | 0.81% | Reduce -68.0% | 1,781 | $313K |
| Ethic Inc. | 0.00% | Reduce -42.6% | 1,780 | $312K |
| Lazard Asset Management LLC | 0.00% | Reduce -12.3% | 1,760 | $309K |
| Perbak Capital Partners LLP | 0.09% | Add +20.9% | 1,750 | $307K |
| Arkadios Wealth Advisors | 0.01% | Reduce -9.7% | 1,731 | $304K |
| Qsemble Capital Management, LP | 0.03% | Reduce -48.6% | 1,726 | $303K |
| Prudential Financial Inc. | 0.00% | Reduce -64.2% | 1,701 | $299K |
| Stifel Financial Corp. | 0.00% | Reduce -60.4% | 1,680 | $295K |
| Legato Capital Management LLC | 0.03% | New | 1,657 | $291K |
| Swiss Life Asset Management Ltd | 0.00% | Add +2.0% | 1,651 | $290K |
| Dark Forest Capital Management LP | 0.01% | Reduce -60.5% | 1,642 | $288K |
| Jane Street Group, LLC | 0.00% | Reduce -97.7% | 1,641 | $288K |
| Alliance Wealth Advisors, LLC | 0.06% | Reduce -27.0% | 1,633 | $287K |
| NorthCrest Asset Manangement, LLC | 0.01% | Reduce -11.7% | 1,530 | $283K |
| ProShare Advisors LLC | 0.00% | Reduce -5.0% | 1,604 | $282K |
| Fifth Lane Capital, LP | 0.34% | New | 1,600 | $281K |
| Cary Street Partners Financial LLC | 0.01% | Add +19.7% | 1,598 | $280K |
| DNB Asset Management AS | 0.00% | Add +29.9% | 1,570 | $276K |
| Bayesian Capital Management, LP | 0.59% | New | 1,467 | $257K |
| Vestcor Inc | 0.01% | Add +115.4% | 1,458 | $256K |
| Krilogy Financial LLC | 0.01% | Reduce -57.0% | 1,686 | $256K |
| Tempus Wealth Planning, LLC | 0.06% | New | 1,445 | $254K |
| 9823 Capital, L.P. | 0.17% | — | 1,439 | $253K |
| AssuredPartners Investment Advisors, LLC | 0.04% | Add +8.6% | 1,431 | $251K |
| Caxton Associates LLP | 0.00% | New | 1,407 | $247K |
| Waverly Advisors, LLC | 0.00% | Reduce -23.9% | 1,364 | $239K |
| Ahara Advisors LLC | 0.21% | — | 1,348 | $237K |
| Tower Research Capital LLC (TRC) | 0.01% | Reduce -29.8% | 1,348 | $237K |
| Shelton Capital Management | 0.00% | No change | 1,340 | $235K |
| CIBC Asset Management Inc | 0.00% | Add +16.4% | 1,330 | $233K |
| North Dakota State Investment Board | 0.01% | — | 1,328 | $233K |
| PharVision Advisers, LLC | 0.12% | New | 1,319 | $231K |
| Praxis Investment Management Inc. | 0.01% | Add +74.2% | 1,312 | $230K |
| Mount Lucas Management LP | 0.10% | Reduce -1.8% | 1,226 | $215K |
| Integrated Wealth Concepts LLC | 0.00% | Reduce -38.5% | 1,224 | $215K |
| Capstone Investment Advisors, LLC | 0.00% | New | 1,221 | $214K |
| Diversify Advisory Services, LLC | 0.01% | Reduce -85.5% | 1,424 | $214K |
| OP Asset Management Ltd | 0.00% | Reduce -61.4% | 1,211 | $213K |
| Kestra Advisory Services, LLC | 0.00% | Add +36.1% | 1,199 | $210K |
| City Center Advisors, LLC | 0.19% | Add +75.3% | 1,194 | $210K |
| Brooklyn Investment Group | 0.01% | New | 1,154 | $208K |
| Aaron Wealth Advisors LLC | 0.01% | New | 1,153 | $202K |
| Hantz Financial Services, Inc. | 0.00% | Add +293.1% | 971 | $170K |
| Farther Finance Advisors, LLC | 0.00% | Add +622.6% | 961 | $169K |
| KBC Group NV | 0.00% | No change | 955 | $168K |
| STRS Ohio | 0.00% | Reduce -77.8% | 911 | $160K |
| Exchange Traded Concepts, LLC | 0.00% | Reduce -29.0% | 870 | $153K |
| Alphadyne Asset Management LP | 0.01% | New | 838 | $147K |
| IFP Advisors, Inc | 0.00% | Add +2.9% | 829 | $145K |
| Sumitomo Life Insurance Co. | 0.00% | Reduce -0.9% | 783 | $137K |
| Storebrand Asset Management As | 0.00% | Add +56.0% | 708 | $124K |
| Westfuller Advisors, LLC | 0.05% | No change | 700 | $123K |
| AlphaQuest LLC | 0.01% | Add +13.0% | 688 | $121K |
| GAMMA Investing LLC | 0.01% | Reduce -21.4% | 677 | $119K |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -54.5% | 666 | $117K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | New | 659 | $116K |
| UMB Bank, n.a. | 0.00% | Add +4.5% | 630 | $111K |
| Bessemer Group Inc. | 0.00% | Reduce -5.4% | 574 | $101K |
| Quarry LP | 0.02% | Add +57.8% | 568 | $100K |
| Wexford Capital LP | 0.02% | New | 509 | $89K |
| Osbon Capital Management LLC | 0.08% | — | 478 | $84K |
| Golden State Wealth Management, LLC | 0.01% | New | 475 | $83K |
| Essential Partners LLC | 0.03% | Reduce -76.0% | 466 | $82K |
| Caitong International Asset Management Co., Ltd | 0.02% | New | 416 | $73K |
| EverSource Wealth Advisors, LLC | 0.00% | Reduce -55.9% | 384 | $67K |
| Allworth Financial LP | 0.00% | Reduce -14.5% | 384 | $67K |
| State of Wyoming | 0.01% | Reduce -60.6% | 381 | $67K |
| Murphy & Mullick Capital Management Corp | 0.05% | Add +13.3% | 358 | $63K |
| Generali Investments Towarzystwo Funduszy Inwestycyjnych | 0.03% | Add +59.1% | 350 | $61K |
| Danske Bank A/S | 0.00% | Reduce -89.4% | 300 | $53K |
| Advisors Asset Management, Inc. | 0.00% | Add +152.5% | 298 | $52K |
| TD Waterhouse Canada Inc. | 0.00% | Add +5.6% | 285 | $50K |
| Strategic Advocates LLC | 0.01% | Reduce -65.5% | 271 | $48K |
| Daiwa Securities Group Inc. | 0.00% | Reduce -93.7% | 271 | $48K |
| Sterling Capital Management LLC | 0.00% | Add +377.2% | 272 | $48K |
| Fifth Third Bancorp | 0.00% | Reduce -15.7% | 247 | $43K |
| Versant Capital Management, Inc | 0.01% | Add +83.7% | 237 | $42K |
| Smithfield Trust Co | 0.00% | No change | 237 | $41K |
| Banque Cantonale Vaudoise | 0.00% | Add +4.2% | 225 | $39K |
| Parallel Advisors, LLC | 0.00% | Add +52.3% | 201 | $35K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | New | 199 | $35K |
| AlphaCentric Advisors LLC | 0.03% | — | 190 | $33K |
| Globeflex Capital L P | 0.01% | No change | 189 | $33K |
| MAI Capital Management | 0.00% | Add +9.8% | 179 | $31K |
| Blue Trust, Inc. | 0.00% | Reduce -53.1% | 164 | $29K |
| Steward Partners Investment Advisory, LLC | 0.00% | Reduce -66.7% | 159 | $28K |
| Clearstead Advisors, LLC | 0.00% | Reduce -50.8% | 156 | $27K |
| Atlantic Union Bankshares Corp | 0.00% | Add +51.0% | 151 | $27K |
| EFG International AG | 0.00% | — | 147 | $26K |
| Aster Capital Management (DIFC) Ltd | 0.01% | New | 121 | $21K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -94.3% | 115 | $20K |
| True Wealth Design, LLC | 0.01% | Reduce -55.5% | 110 | $19K |
| Larson Financial Group LLC | 0.00% | Reduce -63.4% | 104 | $18K |
| Signaturefd, LLC | 0.00% | Add +17.2% | 102 | $18K |
| KERR FINANCIAL PLANNING Corp | 0.02% | No change | 145 | $17K |
| HM Payson & Co. | 0.00% | New | 93 | $16K |
| SageView Advisory Group, LLC | 0.00% | New | 90 | $16K |
| Arax Advisory Partners | 0.00% | Reduce -99.2% | 86 | $15K |
| Root Financial Partners, LLC | 0.00% | Add +28.8% | 85 | $15K |
| NFSG Corp | 0.00% | New | 80 | $14K |
| Activest Wealth Management | 0.00% | Add +0.0% | 72 | $13K |
| SJS Investment Consulting Inc. | 0.00% | Add +3400.0% | 70 | $12K |
| NewEdge Advisors, LLC | 0.00% | Reduce -92.3% | 69 | $12K |
| Quaker Wealth Management, LLC | 0.00% | Reduce -1.9% | 51 | $9K |
| Covestor Ltd | 0.00% | Reduce -93.4% | 43 | $8K |
| TFC Financial Management, Inc. | 0.00% | Reduce -50.0% | 45 | $8K |
| Salomon & Ludwin, LLC | 0.00% | New | 42 | $8K |
| Global Retirement Partners, LLC | 0.00% | Add +4300.0% | 44 | $8K |
| Rothschild Investment LLC | 0.00% | Reduce -95.7% | 37 | $6K |
| Smartleaf Asset Management LLC | 0.00% | Reduce -23.4% | 36 | $6K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | Reduce -61.1% | 35 | $6K |
| Farmers & Merchants Investments Inc. | 0.00% | Add +6.5% | 33 | $6K |
| Bell Investment Advisors, Inc | 0.00% | Add +433.3% | 32 | $6K |
| Flagship Harbor Advisors, LLC | 0.00% | New | 29 | $5K |
| Strategic Wealth Partners, Ltd. | 0.00% | Reduce -98.9% | 28 | $5K |
| Wiser Advisor Group LLC | 0.01% | No change | 27 | $5K |
| Vermillion & White Wealth Management Group, LLC | 0.00% | No change | 25 | $4K |
| National Bank of Canada | 0.00% | Reduce -99.4% | 25 | $4K |
| Ascentis Wealth Management, LLC | 0.00% | No change | 25 | $4K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -25.0% | 24 | $4K |
| Huntington National Bank | 0.00% | Reduce -88.3% | 24 | $4K |
| Accent Capital Management, LLC | 0.00% | No change | 21 | $4K |
| Rachor Investment Advisory Services, LLC | 0.00% | — | 19 | $3K |
| Assetmark, Inc. | 0.00% | Reduce -94.7% | 19 | $3K |
| Whittier Trust Co. | 0.00% | Reduce -86.3% | 17 | $3K |
| Cary Street Partners Investment Advisory LLC | 0.00% | Reduce -16.7% | 15 | $3K |
| High Note Wealth, LLC | 0.00% | Add +7.1% | 15 | $3K |
| SouthState Bank Corp | 0.00% | No change | 15 | $3K |
| Rossby Financial, LCC | 0.00% | Add +366.7% | 14 | $2K |
| Cranbrook Wealth Management, LLC | 0.00% | No change | 14 | $2K |
| Manchester Capital Management LLC | 0.00% | Reduce -23.5% | 13 | $2K |
| Meeder Asset Management Inc. | 0.00% | Reduce -50.0% | 12 | $2K |
| Greenline Wealth Management LLC | 0.00% | — | 11 | $2K |
| Arlington Trust Co LLC | 0.00% | No change | 8 | $1K |
| Brown Brothers Harriman & Co. | 0.00% | No change | 8 | $1K |
| Cromwell Holdings LLC | 0.00% | Add +75.0% | 7 | $1K |
| Clearstead Trust, LLC | 0.00% | Reduce -36.4% | 7 | $1K |
| Elyxium Wealth, LLC | 0.00% | New | 6 | $1K |
| IMA Advisory Services, Inc. | 0.00% | New | 6 | $1K |
| N.E.W. Advisory Services LLC | 0.00% | No change | 6 | $1K |
| Zions Bancorporation, National Association | 0.00% | New | 6 | $1K |
| Hollencrest Capital Management | 0.00% | No change | 6 | $1K |
| Resources Management Corp. /CT/ | 0.00% | No change | 4 | $1K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 4 | $1K |
| Sound Income Strategies, LLC | 0.00% | No change | 6 | $901 |
| Financial Network Wealth Advisors LLC | 0.00% | No change | 5 | $878 |
| Hughes Financial Services, LLC | 0.00% | Add +150.0% | 5 | $878 |
| Harbour Investments, Inc. | 0.00% | Reduce -94.1% | 5 | $878 |
| Aspect Partners, LLC | 0.00% | No change | 4 | $702 |
| Private Trust Co. NA | 0.00% | No change | 4 | $702 |
| Crewe Advisors LLC | 0.00% | New | 4 | $702 |
| Cornerstone Financial Management LLC | 0.00% | — | 3 | $527 |
| Marquette Asset Management, LLC | 0.00% | Reduce -25.0% | 3 | $527 |
| Basecamp Wealth Advisors LLC | 0.00% | — | 3 | $527 |
| Bogart Wealth, LLC | 0.00% | Reduce -25.0% | 3 | $527 |
| Horizon Investments, LLC | 0.00% | Reduce -99.2% | 3 | $526 |
| PEAK6 LLC | 0.00% | Reduce -100.0% | 3 | $508 |
| Retirement Wealth Solutions LLC | 0.00% | New | 2 | $351 |
| Transamerica Financial Advisors, LLC | 0.00% | Reduce -99.3% | 2 | $351 |
| CVA Family Office, LLC | 0.00% | New | 2 | $351 |
| Dunhill Financial, LLC | 0.00% | No change | 1 | $227 |
| Triumph Capital Management | 0.00% | New | 1 | $176 |
| Laurel Wealth Advisors LLC | 0.00% | New | 1 | $176 |
| DecisionPoint Financial, LLC | 0.00% | No change | 1 | $176 |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 1 | $176 |
| Turning Point Benefit Group, Inc. | 0.00% | No change | 1 | $175 |
| Avion Wealth | 0.00% | New | 3 | $0 |
"% of holder's portfolio" is DUOL's weight in each manager's 13F, not the share of Duolingo the manager owns.