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, Q4 2025
Institutional positions in Duolingo, Inc. as of Dec 31, 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
- 475
- −62 vs. Q3 2025
- Shares held
- 37.8M
- −1.22M (−3.1%) vs. Q3 2025
- Total value
- $6.64B
- −$5.91B (−47.1%) vs. Q3 2025
- New holders
- 94
- 151 more added
- Sold out
- 156
- 190 more reduced
9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Duolingo, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Baillie Gifford & Co | 4,861,445 | $853.2M | 0.71% | +2,033,611+71.9% | Added |
| BlackRock, Inc. | 3,898,862 | $684.3M | 0.01% | −286,928−6.9% | Reduced |
| Vanguard Group Inc | 3,621,788 | $635.6M | 0.01% | −23,573−0.6% | Reduced |
| FMR LLC | 2,640,486 | $463.4M | 0.02% | −537,909−16.9% | Reduced |
| Capital World Investors | 2,241,378 | $393.4M | 0.05% | +11,140+0.5% | Added |
| Dragoneer Investment Group, LLC | 1,159,887 | $203.6M | 4.44% | −420,900−26.6% | Reduced |
| State Street Corp | 1,157,219 | $203.1M | 0.01% | +3,361+0.3% | Added |
| Whale Rock Capital Management LLC | 876,646 | $153.9M | 1.97% | +8,477+1.0% | Added |
| Geode Capital Management, LLC | 811,809 | $142.5M | 0.01% | +19,698+2.5% | Added |
| T. Rowe Price Investment Management, Inc. | 778,819 | $136.7M | 0.09% | −505,131−39.3% | Reduced |
| AQR Capital Management LLC | 774,710 | $136.0M | 0.07% | +33,841+4.6% | Added |
| Invesco Ltd. | 668,648 | $117.3M | 0.01% | −68,666−9.3% | Reduced |
| Foxhaven Asset Management, LP | 571,840 | $100.4M | 2.47% | +71,923+14.4% | Added |
| State of Michigan Retirement System | 560,500 | $98.4M | 0.48% | +551,000+5,800.0% | Added |
| Gilder Gagnon Howe & Co LLC | 506,131 | $88.8M | 0.94% | −66,397−11.6% | Reduced |
| FIL Ltd | 497,546 | $87.3M | 0.07% | +497,517+1,715,575.9% | Added |
| Norges Bank | 490,935 | $86.2M | 0.01% | +490,935 | New |
| Morgan Stanley | 413,487 | $72.6M | 0.00% | +15,034+3.8% | Added |
| Citadel Advisors LLC | 319,143 | $56.0M | 0.04% | +89,024+38.7% | Added |
| Renaissance Technologies LLC | 315,554 | $55.4M | 0.09% | −225,946−41.7% | Reduced |
| UBS Group AG | 311,621 | $54.7M | 0.01% | −43,652−12.3% | Reduced |
| Northern Trust Corp | 309,316 | $54.3M | 0.01% | −5,417−1.7% | Reduced |
| Capital International Investors | 308,605 | $54.2M | 0.01% | +2,689+0.9% | Added |
| Charles Schwab Investment Management Inc | 297,276 | $52.2M | 0.01% | +10,169+3.5% | Added |
| Carnegie Mellon University | 294,814 | $51.7M | 57.94% | 00.0% | Unchanged |
| Spyglass Capital Management LLC | 286,873 | $50.3M | 2.52% | +18,147+6.8% | Added |
| Millennium Management LLC | 267,882 | $47.0M | 0.03% | +229,361+595.4% | Added |
| Price T Rowe Associates Inc | 247,130 | $43.4M | 0.00% | −280,375−53.2% | Reduced |
| Bank of New York Mellon Corp | 243,401 | $42.7M | 0.01% | −5,385−2.2% | Reduced |
| Altshuler Shaham Ltd | 243,330 | $42.7M | 0.65% | +242,743+41,353.2% | Added |
| Bank of America Corp | 217,986 | $38.3M | 0.00% | −12,849−5.6% | Reduced |
| Goldman Sachs Group Inc | 208,678 | $36.6M | 0.01% | −6,114−2.8% | Reduced |
| Dimensional Fund Advisors LP | 186,630 | $32.8M | 0.01% | +66,325+55.1% | Added |
| ThornTree Capital Partners LP | 184,867 | $32.4M | 5.43% | +184,867 | New |
| Citigroup Inc | 183,589 | $32.2M | 0.02% | −76,077−29.3% | Reduced |
| Two Sigma Investments, LP | 182,386 | $32.0M | 0.05% | −69,408−27.6% | Reduced |
| BIT Capital GmbH | 178,910 | $31.4M | 1.37% | +44,543+33.2% | Added |
| JPMorgan Chase & Co | 154,717 | $27.2M | 0.00% | −38,057−19.7% | Reduced |
| Peregrine Capital Management LLC | 129,515 | $22.7M | 0.70% | +43,352+50.3% | Added |
| Squarepoint Ops LLC | 128,801 | $22.6M | 0.05% | −47,309−26.9% | Reduced |
| Quinn Opportunity Partners LLC | 127,499 | $22.4M | 0.97% | +127,499 | New |
| First Trust Advisors LP | 121,829 | $21.4M | 0.02% | −67,316−35.6% | Reduced |
| Capital Fund Management S.A. | 121,002 | $21.2M | 0.20% | +97,332+411.2% | Added |
| Rhumbline Advisers | 120,925 | $21.2M | 0.02% | −1,926−1.6% | Reduced |
| Trexquant Investment LP | 119,824 | $21.0M | 0.19% | +105,122+715.0% | Added |
| Durable Capital Partners LP | 119,181 | $20.9M | 0.20% | −755,738−86.4% | Reduced |
| American Century Companies Inc | 112,682 | $19.8M | 0.01% | +7,399+7.0% | Added |
| Qube Research & Technologies Ltd | 112,279 | $19.7M | 0.03% | +100,489+852.3% | Added |
| Two Sigma Advisers, LP | 106,080 | $18.6M | 0.04% | −218,220−67.3% | Reduced |
| Dream Peak Capital Ltd | 104,532 | $18.3M | 2.86% | +104,532 | New |
| Susquehanna International Group, LLP | 96,224 | $16.9M | 0.02% | +83,683+667.3% | Added |
| Los Angeles Capital Management LLC | 62,590 | $16.4M | 0.06% | −45,146−41.9% | Reduced |
| Federated Hermes, Inc. | 88,218 | $15.5M | 0.03% | −77,621−46.8% | Reduced |
| Jasper Ridge Partners, L.P. | 87,108 | $15.3M | 0.34% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 86,990 | $15.3M | 0.00% | +573+0.7% | Added |
| Principal Financial Group Inc | 85,698 | $15.0M | 0.01% | −2,109−2.4% | Reduced |
| Walleye Capital LLC | 79,786 | $14.0M | 0.08% | +19,135+31.5% | Added |
| SG Americas Securities, LLC | 77,904 | $13.7M | 0.02% | +75,577+3,247.8% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 77,674 | $13.6M | 0.03% | +52,364+206.9% | Added |
| Arthedge Capital Management, LLC | 74,800 | $13.1M | 9.57% | +30,500+68.8% | Added |
| Nuveen, LLC | 73,800 | $13.0M | 0.00% | +1,213+1.7% | Added |
| Swiss National Bank | 70,460 | $12.4M | 0.01% | +1,960+2.9% | Added |
| Marshall Wace, LLP | 67,802 | $11.9M | 0.01% | +67,802 | New |
| Canada Pension Plan Investment Board | 65,664 | $11.5M | 0.01% | +31,180+90.4% | Added |
| Ci Investments Inc. | 64,996 | $11.4M | 0.05% | +64,894+63,621.6% | Added |
| Deutsche Bank AG | 64,769 | $11.4M | 0.00% | −65,068−50.1% | Reduced |
| Natixis | 61,856 | $10.9M | 0.04% | +61,856 | New |
| Congress Asset Management Co | 61,711 | $10.8M | 0.08% | +1,989+3.3% | Added |
| Alyeska Investment Group, L.P. | 61,441 | $10.8M | 0.03% | +61,441 | New |
| Teachers Retirement System of the State of Kentucky | 61,314 | $10.8M | 0.08% | −1,946−3.1% | Reduced |
| Clearbridge Investments, LLC | 57,576 | $10.1M | 0.01% | −27,720−32.5% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 57,484 | $10.1M | 0.02% | +2,048+3.7% | Added |
| Legal & General Group Plc | 57,245 | $10.0M | 0.00% | −1,901−3.2% | Reduced |
| Bienville Capital Management, LLC | 56,500 | $9.92M | 1.57% | +56,500 | New |
| Cerity Partners LLC | 54,336 | $9.54M | 0.01% | −18,682−25.6% | Reduced |
| TD Asset Management Inc | 53,730 | $9.43M | 0.01% | −46,577−46.4% | Reduced |
| Barclays PLC | 52,160 | $9.15M | 0.00% | +46+0.1% | Added |
| Jump Financial, LLC | 50,226 | $8.81M | 0.11% | +27,723+123.2% | Added |
| California Public Employees Retirement System | 50,004 | $8.78M | 0.01% | −13,842−21.7% | Reduced |
| Brown Capital Management LLC | 49,876 | $8.75M | 0.72% | −29,826−37.4% | Reduced |
| Alliancebernstein L.P. | 48,972 | $8.59M | 0.00% | −248,219−83.5% | Reduced |
| Franklin Resources Inc | 48,043 | $8.43M | 0.00% | −777−1.6% | Reduced |
| Retirement Systems of Alabama | 48,023 | $8.43M | 0.03% | +28+0.1% | Added |
| Pacer Advisors, Inc. | 46,213 | $8.11M | 0.02% | −10,251−18.2% | Reduced |
| Toronto Dominion Bank | 45,867 | $8.05M | 0.01% | +45,867 | New |
| Janus Henderson Group PLC | 45,180 | $7.93M | 0.00% | +29,966+197.0% | Added |
| Sycomore Asset Management | 28,184 | $7.83M | 1.30% | 00.0% | Unchanged |
| Square Peg Capital Pty Ltd | 41,924 | $7.36M | 7.36% | +6,347+17.8% | Added |
| Algert Global LLC | 40,574 | $7.12M | 0.11% | +524+1.3% | Added |
| Sands Capital Management, LLC | 39,975 | $7.02M | 0.02% | −7,697−16.1% | Reduced |
| D. E. Shaw & Co., Inc. | 37,335 | $6.55M | 0.00% | +28,314+313.9% | Added |
| BNP Paribas Arbitrage, SA | 36,647 | $6.43M | 0.00% | −18,311−33.3% | Reduced |
| Walleye Trading LLC | 36,445 | $6.40M | 0.10% | +32,195+757.5% | Added |
| New York State Teachers Retirement System | 36,285 | $6.37M | 0.01% | −538−1.5% | Reduced |
| Worldquant Millennium Advisors LLC | 35,805 | $6.28M | 0.02% | +29,622+479.1% | Added |
| Ameriprise Financial Inc | 35,557 | $6.24M | 0.00% | −26,806−43.0% | Reduced |
| Balyasny Asset Management LLC | 35,392 | $6.21M | 0.01% | −379,876−91.5% | Reduced |
| Private Advisor Group, LLC | 35,287 | $6.19M | 0.03% | +16,259+85.4% | Added |
| Y-Intercept (Hong Kong) Ltd | 34,112 | $5.99M | 0.13% | +715+2.1% | Added |
| California State Teachers Retirement System | 34,020 | $5.97M | 0.01% | +381+1.1% | Added |