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Duolingo, Inc.

DUOL
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001562088

In the last 90 days, Duolingo, Inc. insiders filed 0 open-market purchases and 8 sales; 435 institutions reported holding it in 13F filings for Q2 2026, worth $4.58B in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Duolingo, Inc. as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
585
+118 vs. Q1 2025
Shares held
38.5M
+1.63M (+4.4%) vs. Q1 2025
Total value
$15.8B
+$4.33B (+37.8%) vs. Q1 2025
New holders
167
237 more added
Sold out
49
135 more reduced

4 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DUOL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 585 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 71 institutionsQ4 2021: 103 institutionsQ1 2022: 108 institutionsQ2 2022: 148 institutionsQ3 2022: 167 institutionsQ4 2022: 155 institutionsQ1 2023: 195 institutionsQ2 2023: 236 institutionsQ3 2023: 243 institutionsQ4 2023: 319 institutionsQ1 2024: 337 institutionsQ2 2024: 357 institutionsQ3 2024: 390 institutionsQ4 2024: 458 institutionsQ1 2025: 471 institutionsQ2 2025: 585 institutionsQ3 2025: 546 institutionsQ4 2025: 475 institutionsQ1 2026: 372 institutionsQ2 2026: 435 institutions
Value heldQ2 2025: $15.8B
Q1 2021: $0Q2 2021: $0Q3 2021: $1.90BQ4 2021: $1.63BQ1 2022: $1.62BQ2 2022: $2.28BQ3 2022: $2.47BQ4 2022: $1.92BQ1 2023: $4.23BQ2 2023: $4.61BQ3 2023: $5.35BQ4 2023: $7.29BQ1 2024: $7.37BQ2 2024: $7.48BQ3 2024: $10.2BQ4 2024: $11.7BQ1 2025: $11.4BQ2 2025: $15.8BQ3 2025: $12.6BQ4 2025: $6.64BQ1 2026: $3.81BQ2 2026: $4.58B
Institutions holding DUOL and their total value by quarter
QuarterHoldersValue
Q2 2026435$4.58B
Q1 2026372$3.81B
Q4 2025475$6.64B
Q3 2025546$12.6B
Q2 2025585$15.8B
Q1 2025471$11.4B
Q4 2024458$11.7B
Q3 2024390$10.2B
Q2 2024357$7.48B
Q1 2024337$7.37B
Q4 2023319$7.29B
Q3 2023243$5.35B
Q2 2023236$4.61B
Q1 2023195$4.23B
Q4 2022155$1.92B
Q3 2022167$2.47B
Q2 2022148$2.28B
Q1 2022108$1.62B
Q4 2021103$1.63B
Q3 202171$1.90B
Q2 20210$0
Q1 20210$0

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Duolingo, Inc.; share changes are against Q1 2025.

Institutions holding DUOL in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Mercer Global Advisors Inc3,129$1.28M0.00%+960+44.3%Added
Quadrant Capital Group LLC3,156$1.29M0.05%+1,914+154.1%Added
EFG Asset Management (Americas) Corp.3,233$1.33M0.24%+3,233New
Bridgefront Capital, LLC3,240$1.33M0.35%+3,240New
Wolverine Trading, LLC3,269$1.34M0.03%+3,269New
HighTower Advisors, LLC3,285$1.35M0.00%+377+13.0%Added
Mackenzie Financial Corp3,324$1.36M0.00%+3,324New
Public Employees Retirement Association of Colorado3,349$1.37M0.01%00.0%Unchanged
Caxton Associates LLP3,352$1.37M0.04%+3,352New
Parallax Volatility Advisers, L.P.3,400$1.39M0.06%+772+29.4%Added
Asset Management One Co.,Ltd.3,436$1.41M0.00%+3,436New
JustInvest LLC3,437$1.41M0.02%+885+34.7%Added
Creative Planning3,454$1.42M0.00%+846+32.4%Added
Ontario Teachers Pension Plan Board3,508$1.44M0.03%−713−16.9%Reduced
Shaker Investments LLC3,589$1.47M0.60%−296−7.6%Reduced
Oak Thistle LLC3,592$1.47M0.22%+3,592New
Fox Run Management, L.L.C.3,647$1.50M0.25%+3,647New
Primecap Management Co3,650$1.50M0.00%−1,700−31.8%Reduced
Toroso Investments, LLC3,689$1.51M0.01%+3,689New
OP Asset Management Ltd3,746$1.54M0.02%−1,886−33.5%Reduced
Group One Trading, L.P.3,778$1.55M0.05%+3,778New
Hennion & Walsh Asset Management, Inc.3,780$1.55M0.06%+407+12.1%Added
Stifel Financial Corp3,809$1.56M0.00%+2,335+158.4%Added
Occudo Quantitative Strategies LP3,930$1.61M0.18%+3,930New
ABN AMRO Bank N.V.3,916$1.61M0.02%−367−8.6%Reduced
Private Advisor Group, LLC4,063$1.67M0.01%−659−14.0%Reduced
New York Life Investment Management LLC4,067$1.67M0.02%+30+0.7%Added
EFG Asset Management (North America) Corp.4,153$1.70M0.24%+4,153New
Bank of Montreal4,155$1.70M0.00%+13+0.3%Added
China Universal Asset Management Co., Ltd.4,200$1.72M0.16%+400+10.5%Added
LMR Partners LLP4,217$1.73M0.03%+4,217New
Jennison Associates LLC4,234$1.74M0.00%+2,674+171.4%Added
HSBC Holdings PLC4,238$1.76M0.00%+1,052+33.0%Added
Triodos Investment Management BV4,300$1.76M0.13%+800+22.9%Added
Commonwealth Equity Services, LLC4,363$1.79M0.00%+1,893+76.6%Added
AIA Group Ltd4,414$1.81M0.04%+4,414New
Danske Bank A/S4,445$1.82M0.00%+1,221+37.9%Added
State of Alaska, Department of Revenue4,455$1.83M0.02%+15+0.3%Added
Truist Financial Corp4,487$1.84M0.00%+1,477+49.1%Added
Legacy Wealth Managment, LLC4,500$1.85M0.98%00.0%Unchanged
Legacy Investment Solutions, LLC4,500$1.85M0.98%+4,500New
Aigen Investment Management, LP4,504$1.85M0.25%+4,504New
Ethic Inc.4,494$1.85M0.03%+1,091+32.1%Added
Intech Investment Management LLC4,584$1.88M0.02%+4,584New
Twin Capital Management Inc4,729$1.94M0.21%+136+3.0%Added
DnB Asset Management AS4,837$1.98M0.01%+4,837New
Northwest & Ethical Investments L.P.4,862$1.99M0.05%00.0%Unchanged
Headlands Technologies LLC5,098$2.09M0.25%+5,098New
Bridgeway Capital Management, LLC5,100$2.09M0.05%+5,100New
RMB Capital Management, LLC5,203$2.13M0.04%+3,111+148.7%Added
Numerai GP LLC5,392$2.21M0.32%+3,368+166.4%Added
Voleon Capital Management LP5,417$2.22M0.12%+3,623+202.0%Added
Kensington Investment Counsel, LLC5,517$2.26M0.97%+25+0.5%Added
Sumitomo Mitsui DS Asset Management Company, Ltd5,573$2.29M0.02%−594−9.6%Reduced
Omers Administration Corp5,663$2.32M0.02%−100−1.7%Reduced
Centiva Capital, LP5,701$2.34M0.15%+5,701New
Donoghue Forlines LLC5,704$2.34M0.67%+5,704New
Alps Advisors Inc5,722$2.35M0.01%−1,907−25.0%Reduced
Connor, Clark & Lunn Investment Management Ltd.5,828$2.39M0.01%+5,828New
The PNC Financial Services Group, Inc.5,837$2.39M0.00%+97+1.7%Added
Impax Asset Management Group plc5,851$2.40M0.01%+288+5.2%Added
Daiwa Securities Group Inc.5,991$2.46M0.01%+5,736+2,249.4%Added
Pathstone Holdings, LLC6,088$2.49M0.01%+726+13.5%Added
Silvant Capital Management LLC6,265$2.57M0.10%00.0%Unchanged
Abn Amro Investment Solutions6,334$2.60M0.05%−215−3.3%Reduced
Allspring Global Investments Holdings, LLC6,798$2.74M0.00%+4,048+147.2%Added
Dorsey Wright & Associates6,791$2.78M0.66%−276−3.9%Reduced
Cache Advisors, LLC6,811$2.79M0.76%+193+2.9%Added
Estate Counselors, LLC6,870$2.82M0.28%+6,870New
Mirae Asset Global Investments Co., Ltd.6,882$2.82M0.01%+6,236+965.3%Added
Quantitative Investment Management, LLC6,989$2.87M0.38%+6,018+619.8%Added
Wealth Enhancement Advisory Services, LLC7,340$2.88M0.00%+1,986+37.1%Added
Advisor Group Holdings, Inc.7,089$2.90M0.01%+3,780+114.2%Added
Cim, LLC7,073$2.90M0.39%+2,179+44.5%Added
Macquarie Group Ltd7,210$2.96M0.00%+5,635+357.8%Added
New Age Alpha Advisors, LLC7,268$2.98M0.13%−391−5.1%Reduced
KLP Kapitalforvaltning AS7,300$2.99M0.01%+200+2.8%Added
Redhawk Wealth Advisors, Inc.7,420$3.04M0.38%+742+11.1%Added
HRT Financial LP7,426$3.04M0.01%+7,426New
TrimTabs Asset Management, LLC7,480$3.07M0.43%−8,312−52.6%Reduced
LPL Financial LLC7,526$3.09M0.00%+1,658+28.3%Added
Kestra Private Wealth Services, LLC7,596$3.11M0.04%+4,211+124.4%Added
Ameritas Investment Partners, Inc.7,623$3.13M0.10%+167+2.2%Added
SG Americas Securities, LLC7,861$3.22M0.01%+6,780+627.2%Added
Catalyst Capital Advisors LLC7,875$3.23M0.07%+950+13.7%Added
Xponance, Inc.7,890$3.24M0.03%+68+0.9%Added
New Mexico Educational Retirement Board8,000$3.28M0.11%00.0%Unchanged
Oregon Public Employees Retirement Fund8,037$3.30M0.06%+353+4.6%Added
Cetera Investment Advisers8,083$3.31M0.01%−424−5.0%Reduced
Graham Capital Management, L.P.8,407$3.45M0.10%−18,906−69.2%Reduced
Mariner, LLC8,414$3.45M0.00%+2,898+52.5%Added
Northwestern Mutual Investment Management Company, LLC8,766$3.59M0.06%+340+4.0%Added
Illinois Municipal Retirement Fund9,137$3.75M0.05%+9,137New
EAM Global Investors LLC9,199$3.77M0.98%−5,656−38.1%Reduced
Thrivent Financial for Lutherans9,244$3.79M0.01%+359+4.0%Added
State of Michigan Retirement System9,400$3.85M0.02%+300+3.3%Added
Handelsbanken Fonder AB9,700$3.98M0.01%+100+1.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)9,955$4.08M0.01%+3,708+59.4%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys10,087$4.14M0.02%+1,028+11.3%Added
Lido Advisors, LLC10,127$4.15M0.02%+10+0.1%Added