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 7 sales; 435 institutions reported holding it in 13F filings for Q2 2026, worth $4.58B in total; no superinvestor holds it.
13F holders, Q3 2025
Institutional positions in Duolingo, Inc. as of Sep 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
- 546
- −32 vs. Q2 2025
- Shares held
- 39.1M
- +1.06M (+2.8%) vs. Q2 2025
- Total value
- $12.6B
- −$3.01B (−19.3%) vs. Q2 2025
- New holders
- 91
- 224 more added
- Sold out
- 123
- 180 more reduced
7 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 435 | $4.58B |
| Q1 2026 | 372 | $3.81B |
| Q4 2025 | 475 | $6.64B |
| Q3 2025 | 546 | $12.6B |
| Q2 2025 | 585 | $15.8B |
| Q1 2025 | 471 | $11.4B |
| Q4 2024 | 458 | $11.7B |
| Q3 2024 | 390 | $10.2B |
| Q2 2024 | 357 | $7.48B |
| Q1 2024 | 337 | $7.37B |
| Q4 2023 | 319 | $7.29B |
| Q3 2023 | 243 | $5.35B |
| Q2 2023 | 236 | $4.61B |
| Q1 2023 | 195 | $4.23B |
| Q4 2022 | 155 | $1.92B |
| Q3 2022 | 167 | $2.47B |
| Q2 2022 | 148 | $2.28B |
| Q1 2022 | 108 | $1.62B |
| Q4 2021 | 103 | $1.63B |
| Q3 2021 | 71 | $1.90B |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Duolingo, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4,185,790 | $1.35B | 0.02% | −51,141−1.2% | Reduced |
| Vanguard Group Inc | 3,645,361 | $1.17B | 0.02% | −2,590−0.1% | Reduced |
| FMR LLC | 3,178,395 | $1.02B | 0.05% | +417,073+15.1% | Added |
| Baillie Gifford & Co | 2,827,834 | $910.1M | 0.67% | +628,943+28.6% | Added |
| Capital World Investors | 2,230,238 | $717.8M | 0.10% | −62,514−2.7% | Reduced |
| Dragoneer Investment Group, LLC | 1,580,787 | $508.8M | 11.23% | +1,208,346+324.4% | Added |
| T. Rowe Price Investment Management, Inc. | 1,283,950 | $413.2M | 0.25% | +458,808+55.6% | Added |
| State Street Corp | 1,153,858 | $371.4M | 0.01% | −10,529−0.9% | Reduced |
| Durable Capital Partners LP | 874,919 | $281.6M | 2.09% | −198,437−18.5% | Reduced |
| Whale Rock Capital Management LLC | 868,169 | $279.4M | 3.29% | +379,390+77.6% | Added |
| Geode Capital Management, LLC | 792,111 | $255.4M | 0.02% | +32,155+4.2% | Added |
| AQR Capital Management LLC | 740,869 | $238.4M | 0.15% | +325,648+78.4% | Added |
| Invesco Ltd. | 737,314 | $237.3M | 0.04% | −40,247−5.2% | Reduced |
| Gilder Gagnon Howe & Co LLC | 572,528 | $184.3M | 1.88% | −20,189−3.4% | Reduced |
| Renaissance Technologies LLC | 541,500 | $174.3M | 0.23% | −292,300−35.1% | Reduced |
| Price T Rowe Associates Inc | 527,505 | $169.8M | 0.02% | −810,356−60.6% | Reduced |
| Foxhaven Asset Management, LP | 499,917 | $160.9M | 4.02% | +73,772+17.3% | Added |
| Balyasny Asset Management LLC | 415,268 | $133.6M | 0.27% | +415,268 | New |
| Morgan Stanley | 398,453 | $128.2M | 0.01% | +112,744+39.5% | Added |
| UBS Group AG | 355,273 | $114.3M | 0.02% | +184,964+108.6% | Added |
| Two Sigma Advisers, LP | 324,300 | $104.4M | 0.21% | −423,300−56.6% | Reduced |
| Northern Trust Corp | 314,733 | $101.3M | 0.01% | +7,973+2.6% | Added |
| Capital International Investors | 305,916 | $98.5M | 0.02% | +305,916 | New |
| Alliancebernstein L.P. | 297,191 | $95.6M | 0.03% | +46,724+18.7% | Added |
| Carnegie Mellon University | 294,814 | $94.9M | 72.12% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 287,107 | $92.4M | 0.01% | −71,945−20.0% | Reduced |
| Spyglass Capital Management LLC | 268,726 | $86.5M | 4.61% | +186,777+227.9% | Added |
| Citigroup Inc | 259,666 | $83.6M | 0.06% | +62,614+31.8% | Added |
| Artisan Partners Limited Partnership | 256,262 | $82.5M | 0.12% | +129,931+102.8% | Added |
| Two Sigma Investments, LP | 251,794 | $81.0M | 0.12% | −321,047−56.0% | Reduced |
| Bank of New York Mellon Corp | 248,786 | $80.1M | 0.01% | −34,709−12.2% | Reduced |
| Bamco Inc | 243,708 | $78.4M | 0.21% | +169,049+226.4% | Added |
| Man Group plc | 231,068 | $74.4M | 0.14% | +19,724+9.3% | Added |
| Bank of America Corp | 230,835 | $74.3M | 0.01% | +5,649+2.5% | Added |
| Citadel Advisors LLC | 230,119 | $74.1M | 0.06% | +111,950+94.7% | Added |
| Goldman Sachs Group Inc | 214,792 | $69.1M | 0.01% | −19,426−8.3% | Reduced |
| JPMorgan Chase & Co | 192,774 | $62.0M | 0.00% | +98,697+104.9% | Added |
| First Trust Advisors LP | 189,145 | $60.9M | 0.05% | −20,194−9.6% | Reduced |
| Squarepoint Ops LLC | 176,110 | $56.7M | 0.12% | −38,455−17.9% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 165,994 | $53.4M | 0.18% | −12,544−7.0% | Reduced |
| Federated Hermes, Inc. | 165,839 | $53.4M | 0.09% | −174,605−51.3% | Reduced |
| BIT Capital GmbH | 134,367 | $43.2M | 1.97% | +109,211+434.1% | Added |
| Deutsche Bank AG | 129,837 | $41.8M | 0.01% | +1,129+0.9% | Added |
| Rhumbline Advisers | 122,851 | $39.5M | 0.03% | −1,525−1.2% | Reduced |
| Dimensional Fund Advisors LP | 120,305 | $38.7M | 0.01% | +10,103+9.2% | Added |
| Jain Global LLC | 120,182 | $38.7M | 0.50% | +97,213+423.2% | Added |
| Los Angeles Capital Management LLC | 107,736 | $34.7M | 0.12% | +72,671+207.2% | Added |
| American Century Companies Inc | 105,283 | $33.9M | 0.02% | −204,382−66.0% | Reduced |
| PEAK6 LLC | 104,573 | $33.7M | 0.84% | +103,648+11,205.2% | Added |
| TD Asset Management Inc | 100,307 | $32.3M | 0.03% | −5,437−5.1% | Reduced |
| Wells Fargo & Company | 99,192 | $31.9M | 0.01% | +79,281+398.2% | Added |
| Nishkama Capital, LLC | 97,780 | $31.5M | 2.82% | +97,780 | New |
| Principal Financial Group Inc | 87,807 | $28.3M | 0.01% | −1,469−1.6% | Reduced |
| Jasper Ridge Partners, L.P. | 87,108 | $28.0M | 0.63% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 86,417 | $27.8M | 0.01% | −53,358−38.2% | Reduced |
| Peregrine Capital Management LLC | 86,163 | $27.7M | 0.83% | −1,787−2.0% | Reduced |
| Clearbridge Investments, LLC | 85,296 | $27.5M | 0.02% | −1,716−2.0% | Reduced |
| Steadview Capital Management LLC | 82,155 | $26.4M | 3.79% | −26,915−24.7% | Reduced |
| Mark Asset Management LP | 81,568 | $26.3M | 2.68% | +23,819+41.2% | Added |
| Brown Capital Management LLC | 79,702 | $25.7M | 1.06% | +512+0.6% | Added |
| Allen Investment Management LLC | 78,421 | $25.2M | 0.28% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 76,859 | $24.7M | 0.04% | +27,829+56.8% | Added |
| Cerity Partners LLC | 73,018 | $23.5M | 0.04% | +15,884+27.8% | Added |
| Nuveen, LLC | 72,587 | $23.4M | 0.01% | −44,303−37.9% | Reduced |
| Jane Street Group, LLC | 71,416 | $23.0M | 0.03% | −56,995−44.4% | Reduced |
| Swiss National Bank | 68,500 | $22.0M | 0.01% | +1,400+2.1% | Added |
| Schonfeld Strategic Advisors LLC | 68,201 | $21.9M | 0.15% | +56,775+496.9% | Added |
| California Public Employees Retirement System | 63,846 | $20.5M | 0.01% | −315−0.5% | Reduced |
| Teachers Retirement System of the State of Kentucky | 63,260 | $20.4M | 0.15% | +450+0.7% | Added |
| Holocene Advisors, LP | 62,569 | $20.1M | 0.05% | +62,569 | New |
| Ameriprise Financial Inc | 62,363 | $20.1M | 0.00% | −32,487−34.3% | Reduced |
| Pictet Asset Management Holding SA | 61,177 | $19.7M | 0.02% | +7,767+14.5% | Added |
| Walleye Capital LLC | 60,651 | $19.5M | 0.16% | +17,968+42.1% | Added |
| Congress Asset Management Co | 59,722 | $19.2M | 0.13% | +6,781+12.8% | Added |
| Legal & General Group Plc | 59,146 | $19.0M | 0.00% | −6,169−9.4% | Reduced |
| Pacer Advisors, Inc. | 56,464 | $18.2M | 0.05% | −54,322−49.0% | Reduced |
| Tredje AP-fonden | 55,908 | $18.0M | 0.14% | +53,825+2,584.0% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 55,436 | $17.8M | 0.03% | +442+0.8% | Added |
| BNP Paribas Arbitrage, SA | 54,958 | $17.7M | 0.01% | −126,978−69.8% | Reduced |
| Freestone Grove Partners LP | 53,583 | $17.2M | 0.13% | +53,583 | New |
| Barclays PLC | 52,114 | $16.8M | 0.01% | +13,833+36.1% | Added |
| Bridgewater Associates, LP | 50,576 | $16.3M | 0.06% | +50,576 | New |
| Intech Investment Management LLC | 48,926 | $15.7M | 0.14% | +44,342+967.3% | Added |
| Franklin Resources Inc | 48,820 | $15.7M | 0.00% | −169,219−77.6% | Reduced |
| Retirement Systems of Alabama | 47,995 | $15.4M | 0.05% | +100.0% | Added |
| Sands Capital Management, LLC | 47,672 | $15.3M | 0.04% | +47,672 | New |
| Ieq Capital, LLC | 46,978 | $15.1M | 0.05% | +13,569+40.6% | Added |
| Crosslink Capital Inc | 46,412 | $14.9M | 1.09% | −7,230−13.5% | Reduced |
| SEI Investments Co | 46,253 | $14.9M | 0.02% | +16,697+56.5% | Added |
| Erste Asset Management GmbH | 45,227 | $14.8M | 0.14% | +18,689+70.4% | Added |
| Lord, Abbett & Co. LLC | 46,036 | $14.8M | 0.04% | −69,857−60.3% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 45,868 | $14.8M | 0.23% | +45,868 | New |
| Arthedge Capital Management, LLC | 44,300 | $14.3M | 9.62% | +12,100+37.6% | Added |
| Russell Investments Group, Ltd. | 43,865 | $14.1M | 0.02% | +8,970+25.7% | Added |
| Algert Global LLC | 40,050 | $12.9M | 0.22% | +13,613+51.5% | Added |
| Aquatic Capital Management LLC | 38,641 | $12.4M | 0.23% | +22,223+135.4% | Added |
| Millennium Management LLC | 38,521 | $12.4M | 0.01% | −237,621−86.1% | Reduced |
| Victory Capital Management Inc | 38,485 | $12.4M | 0.01% | −1,759−4.4% | Reduced |
| Zacks Investment Management | 36,875 | $11.9M | 0.09% | +36,875 | New |
| New York State Teachers Retirement System | 36,823 | $11.9M | 0.02% | +1,485+4.2% | Added |