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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, 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.

Institutional holdersQ3 2025: 546 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 heldQ3 2025: $12.6B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Duolingo, Inc.; share changes are against Q2 2025.

Institutions holding DUOL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Jain Global LLC120,182$38.7M0.50%+97,213+423.2%Added
Dimensional Fund Advisors LP120,305$38.7M0.01%+10,103+9.2%Added
Rhumbline Advisers122,851$39.5M0.03%−1,525−1.2%Reduced
Deutsche Bank AG129,837$41.8M0.01%+1,129+0.9%Added
BIT Capital GmbH134,367$43.2M1.97%+109,211+434.1%Added
Federated Hermes, Inc.165,839$53.4M0.09%−174,605−51.3%Reduced
Fuller & Thaler Asset Management, Inc.165,994$53.4M0.18%−12,544−7.0%Reduced
Squarepoint Ops LLC176,110$56.7M0.12%−38,455−17.9%Reduced
First Trust Advisors LP189,145$60.9M0.05%−20,194−9.6%Reduced
JPMorgan Chase & Co192,774$62.0M0.00%+98,697+104.9%Added
Goldman Sachs Group Inc214,792$69.1M0.01%−19,426−8.3%Reduced
Citadel Advisors LLC230,119$74.1M0.06%+111,950+94.7%Added
Bank of America Corp230,835$74.3M0.01%+5,649+2.5%Added
Man Group plc231,068$74.4M0.14%+19,724+9.3%Added
Bamco Inc243,708$78.4M0.21%+169,049+226.4%Added
Bank of New York Mellon Corp248,786$80.1M0.01%−34,709−12.2%Reduced
Two Sigma Investments, LP251,794$81.0M0.12%−321,047−56.0%Reduced
Artisan Partners Limited Partnership256,262$82.5M0.12%+129,931+102.8%Added
Citigroup Inc259,666$83.6M0.06%+62,614+31.8%Added
Spyglass Capital Management LLC268,726$86.5M4.61%+186,777+227.9%Added
Charles Schwab Investment Management Inc287,107$92.4M0.01%−71,945−20.0%Reduced
Carnegie Mellon University294,814$94.9M72.12%00.0%Unchanged
Alliancebernstein L.P.297,191$95.6M0.03%+46,724+18.7%Added
Capital International Investors305,916$98.5M0.02%+305,916New
Northern Trust Corp314,733$101.3M0.01%+7,973+2.6%Added
Two Sigma Advisers, LP324,300$104.4M0.21%−423,300−56.6%Reduced
UBS Group AG355,273$114.3M0.02%+184,964+108.6%Added
Morgan Stanley398,453$128.2M0.01%+112,744+39.5%Added
Balyasny Asset Management LLC415,268$133.6M0.27%+415,268New
Foxhaven Asset Management, LP499,917$160.9M4.02%+73,772+17.3%Added
Price T Rowe Associates Inc527,505$169.8M0.02%−810,356−60.6%Reduced
Renaissance Technologies LLC541,500$174.3M0.23%−292,300−35.1%Reduced
Gilder Gagnon Howe & Co LLC572,528$184.3M1.88%−20,189−3.4%Reduced
Invesco Ltd.737,314$237.3M0.04%−40,247−5.2%Reduced
AQR Capital Management LLC740,869$238.4M0.15%+325,648+78.4%Added
Geode Capital Management, LLC792,111$255.4M0.02%+32,155+4.2%Added
Whale Rock Capital Management LLC868,169$279.4M3.29%+379,390+77.6%Added
Durable Capital Partners LP874,919$281.6M2.09%−198,437−18.5%Reduced
State Street Corp1,153,858$371.4M0.01%−10,529−0.9%Reduced
T. Rowe Price Investment Management, Inc.1,283,950$413.2M0.25%+458,808+55.6%Added
Dragoneer Investment Group, LLC1,580,787$508.8M11.23%+1,208,346+324.4%Added
Capital World Investors2,230,238$717.8M0.10%−62,514−2.7%Reduced
Baillie Gifford & Co2,827,834$910.1M0.67%+628,943+28.6%Added
FMR LLC3,178,395$1.02B0.05%+417,073+15.1%Added
Vanguard Group Inc3,645,361$1.17B0.02%−2,590−0.1%Reduced
BlackRock, Inc.4,185,790$1.35B0.02%−51,141−1.2%Reduced
Activest Wealth Management0$00.00%−1−100.0%Sold out
Agf Management Ltd0$00.00%−151,828−100.0%Sold out
Neuberger Berman Group LLC0$00.00%−115,494−100.0%Sold out
Arrowstreet Capital, Limited Partnership0$00.00%−90,087−100.0%Sold out
Cookson Peirce & Co Inc0$00.00%−86,821−100.0%Sold out
Voloridge Investment Management, LLC0$00.00%−70,024−100.0%Sold out
Twinbeech Capital LP0$00.00%−67,729−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−63,300−100.0%Sold out
Driehaus Capital Management LLC0$00.00%−47,208−100.0%Sold out
Steadfast Capital Management LP0$00.00%−41,751−100.0%Sold out
Bank of Nova Scotia0$00.00%−31,696−100.0%Sold out
Stony Point Capital LLC0$00.00%−31,211−100.0%Sold out
Public Sector Pension Investment Board0$00.00%−27,700−100.0%Sold out
Verition Fund Management LLC0$00.00%−25,666−100.0%Sold out
PDT Partners, LLC0$00.00%−24,172−100.0%Sold out
Magnetar Financial LLC0$00.00%−21,483−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−21,353−100.0%Sold out
Empowered Funds, LLC0$00.00%−19,800−100.0%Sold out
Candriam Luxembourg S.C.A.0$00.00%−18,788−100.0%Sold out
ING Groep NV0$00.00%−14,900−100.0%Sold out
Virtu Financial LLC0$00.00%−12,563−100.0%Sold out
Osterweis Capital Management Inc0$00.00%−11,476−100.0%Sold out
Fred Alger Management, LLC0$00.00%−11,083−100.0%Sold out
FORA Capital, LLC0$00.00%−10,695−100.0%Sold out
Metavasi Capital LP0$00.00%−10,150−100.0%Sold out
EAM Global Investors LLC0$00.00%−9,199−100.0%Sold out
Illinois Municipal Retirement Fund0$00.00%−9,137−100.0%Sold out
Catalyst Capital Advisors LLC0$00.00%−7,875−100.0%Sold out
TrimTabs Asset Management, LLC0$00.00%−7,480−100.0%Sold out
Redhawk Wealth Advisors, Inc.0$00.00%−7,420−100.0%Sold out
Quantitative Investment Management, LLC0$00.00%−6,989−100.0%Sold out
Estate Counselors, LLC0$00.00%−6,870−100.0%Sold out
Dorsey Wright & Associates0$00.00%−6,791−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−5,828−100.0%Sold out
Donoghue Forlines LLC0$00.00%−5,704−100.0%Sold out
Centiva Capital, LP0$00.00%−5,701−100.0%Sold out
Voleon Capital Management LP0$00.00%−5,417−100.0%Sold out
Numerai GP LLC0$00.00%−5,392−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−5,100−100.0%Sold out
Headlands Technologies LLC0$00.00%−5,098−100.0%Sold out
AIA Group Ltd0$00.00%−4,414−100.0%Sold out
Jennison Associates LLC0$00.00%−4,234−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−3,930−100.0%Sold out
Asset Management One Co.,Ltd.0$00.00%−3,436−100.0%Sold out
Caxton Associates LLP0$00.00%−3,352−100.0%Sold out
Highland Capital Management, LLC0$00.00%−3,076−100.0%Sold out
Legacy Capital Group California, Inc.0$00.00%−2,930−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−2,796−100.0%Sold out
Winton Group Ltd0$00.00%−2,669−100.0%Sold out
We Are One Seven, LLC0$00.00%−2,625−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−2,405−100.0%Sold out
Panagora Asset Management Inc0$00.00%−2,372−100.0%Sold out
Bryce Point Capital, LLC0$00.00%−2,306−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−2,264−100.0%Sold out