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, 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 |
|---|---|---|---|---|---|
| Arizona State Retirement System | 9,908 | $1.74M | 0.01% | −537−5.1% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 10,013 | $1.76M | 0.01% | −175−1.7% | Reduced |
| Kestra Private Wealth Services, LLC | 10,191 | $1.79M | 0.02% | +1,481+17.0% | Added |
| Thrivent Financial for Lutherans | 10,396 | $1.82M | 0.00% | +1,276+14.0% | Added |
| Yousif Capital Management, LLC | 12,356 | $1.84M | 0.02% | −206−1.6% | Reduced |
| State of Tennessee, Treasury Department | 13,759 | $1.84M | 0.01% | −2,089−13.2% | Reduced |
| Quadrature Capital Ltd | 10,623 | $1.86M | 0.02% | +10,623 | New |
| Handelsbanken Fonder AB | 10,700 | $1.88M | 0.01% | 00.0% | Unchanged |
| Alps Advisors Inc | 10,762 | $1.89M | 0.01% | +2,729+34.0% | Added |
| Louisiana State Employees Retirement System | 11,100 | $1.95M | 0.03% | +100+0.9% | Added |
| Triodos Investment Management BV | 11,000 | $1.95M | 0.14% | +4,250+63.0% | Added |
| Public Employees Retirement System of Ohio | 11,442 | $2.01M | 0.01% | −298−2.5% | Reduced |
| Lighthouse Investment Partners, LLC | 11,796 | $2.07M | 0.07% | +10,911+1,232.9% | Added |
| Lazard Freres Gestion S.A.S. | 12,000 | $2.11M | 0.04% | +12,000 | New |
| State of New Jersey Common Pension Fund D | 12,316 | $2.16M | 0.01% | −118−0.9% | Reduced |
| Quent Capital, LLC | 12,528 | $2.20M | 0.16% | +12,469+21,133.9% | Added |
| Employees Retirement System of Texas | 12,921 | $2.27M | 0.02% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 12,946 | $2.27M | 0.06% | −25,695−66.5% | Reduced |
| Headlands Technologies LLC | 13,076 | $2.29M | 0.19% | +13,076 | New |
| Russell Investments Group, Ltd. | 13,289 | $2.33M | 0.00% | −30,576−69.7% | Reduced |
| Credit Agricole S A | 13,322 | $2.34M | 0.01% | +13,322 | New |
| Intech Investment Management LLC | 13,711 | $2.41M | 0.02% | −35,215−72.0% | Reduced |
| Eurizon Capital SGR S.p.A. | 14,589 | $2.56M | 0.01% | +14,589 | New |
| HSBC Holdings PLC | 14,619 | $2.56M | 0.00% | −1,819−11.1% | Reduced |
| Marex Group plc | 14,846 | $2.61M | 0.03% | +12,927+673.6% | Added |
| Axq Capital, LP | 15,140 | $2.66M | 0.60% | +13,162+665.4% | Added |
| Bridgewater Associates, LP | 15,162 | $2.66M | 0.01% | −35,414−70.0% | Reduced |
| Capital International Ltd | 15,386 | $2.70M | 0.10% | +980+6.8% | Added |
| Police & Firemen's Retirement System of New Jersey | 15,886 | $2.79M | 0.02% | −757−4.5% | Reduced |
| Advisor Group Holdings, Inc. | 15,923 | $2.79M | 0.00% | −5,396−25.3% | Reduced |
| Treasurer of the State of North Carolina | 15,924 | $2.79M | 0.01% | −969−5.7% | Reduced |
| Voya Investment Management LLC | 16,079 | $2.82M | 0.00% | +2,073+14.8% | Added |
| Proem Advisors LLC | 16,250 | $2.85M | 0.97% | −750−4.4% | Reduced |
| Ossiam | 16,500 | $2.90M | 0.06% | −220−1.3% | Reduced |
| Jacobs Levy Equity Management, Inc | 16,533 | $2.90M | 0.01% | −2,542−13.3% | Reduced |
| Mutual of America Capital Management LLC | 16,652 | $2.92M | 0.03% | −1,680−9.2% | Reduced |
| Palidye Holdings (Caymans) Ltd | 16,752 | $2.94M | 0.60% | +16,752 | New |
| Illinois Municipal Retirement Fund | 16,766 | $2.94M | 0.04% | +16,766 | New |
| Fieldview Capital Management, LLC | 17,239 | $3.03M | 0.51% | +8,950+108.0% | Added |
| Danica Pension, Livsforsikringsaktieselskab | 17,950 | $3.15M | 0.05% | 00.0% | Unchanged |
| Steel Peak Wealth Management LLC | 18,002 | $3.16M | 0.10% | +7,997+79.9% | Added |
| Man Group plc | 18,019 | $3.16M | 0.01% | −213,049−92.2% | Reduced |
| Investment House LLC | 18,038 | $3.17M | 0.15% | +12,894+250.7% | Added |
| Quantinno Capital Management LP | 18,153 | $3.19M | 0.01% | +15,929+716.2% | Added |
| Amalgamated Bank | 18,915 | $3.32M | 0.02% | −305−1.6% | Reduced |
| Lido Advisors, LLC | 10,387 | $3.32M | 0.01% | −22−0.2% | Reduced |
| Mariner, LLC | 19,171 | $3.37M | 0.00% | +6,018+45.8% | Added |
| Wells Fargo & Company | 19,281 | $3.38M | 0.00% | −79,911−80.6% | Reduced |
| Brevan Howard Capital Management LP | 19,574 | $3.44M | 0.07% | +19,574 | New |
| New York State Common Retirement Fund | 20,067 | $3.52M | 0.00% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 20,102 | $3.53M | 0.00% | −14,768−42.4% | Reduced |
| Allianz Asset Management GmbH | 20,254 | $3.55M | 0.00% | −927−4.4% | Reduced |
| Sora Investors LLC | 20,866 | $3.66M | 0.32% | +20,866 | New |
| MetLife Investment Management | 21,353 | $3.75M | 0.02% | −794−3.6% | Reduced |
| Landscape Capital Management, L.L.C. | 21,381 | $3.75M | 0.25% | +21,381 | New |
| Catalytic Wealth RIA, LLC | 21,885 | $3.84M | 0.14% | −2,841−11.5% | Reduced |
| Acadian Asset Management LLC | 22,488 | $3.94M | 0.01% | −54,371−70.7% | Reduced |
| LPL Financial LLC | 23,398 | $4.11M | 0.00% | +12,979+124.6% | Added |
| X-Square Capital, LLC | 23,686 | $4.16M | 1.36% | +15,961+206.6% | Added |
| Capital International Sarl | 24,108 | $4.23M | 0.07% | +389+1.6% | Added |
| Virtu Financial LLC | 24,397 | $4.28M | 0.17% | +24,397 | New |
| State of Wisconsin Investment Board | 25,252 | $4.43M | 0.01% | +4,375+21.0% | Added |
| Wellington Management Group LLP | 25,404 | $4.46M | 0.00% | −186−0.7% | Reduced |
| WT Asset Management Ltd | 26,000 | $4.56M | 0.18% | +26,000 | New |
| Victory Capital Management Inc | 26,092 | $4.58M | 0.00% | −12,393−32.2% | Reduced |
| Manufacturers Life Insurance Company, The | 26,742 | $4.69M | 0.00% | −250−0.9% | Reduced |
| Erste Asset Management GmbH | 26,643 | $4.81M | 0.04% | −18,584−41.1% | Reduced |
| Ieq Capital, LLC | 27,434 | $4.81M | 0.01% | −19,544−41.6% | Reduced |
| Fideuram - Intesa Sanpaolo Private Banking S.P.A. | 27,950 | $4.91M | 0.18% | +27,950 | New |
| Ensign Peak Advisors, Inc | 30,352 | $5.33M | 0.01% | +4,148+15.8% | Added |
| Amundi | 30,934 | $5.43M | 0.00% | +13,920+81.8% | Added |
| Voleon Capital Management LP | 31,451 | $5.52M | 0.12% | +31,451 | New |
| Cresset Asset Management, LLC | 32,576 | $5.72M | 0.02% | −20.0% | Reduced |
| State Board of Administration of Florida Retirement System | 32,941 | $5.78M | 0.01% | −730−2.2% | Reduced |
| Exor Capital LLP | 33,563 | $5.89M | 0.10% | +8,563+34.3% | Added |
| California State Teachers Retirement System | 34,020 | $5.97M | 0.01% | +381+1.1% | Added |
| Y-Intercept (Hong Kong) Ltd | 34,112 | $5.99M | 0.13% | +715+2.1% | Added |
| Private Advisor Group, LLC | 35,287 | $6.19M | 0.03% | +16,259+85.4% | Added |
| Balyasny Asset Management LLC | 35,392 | $6.21M | 0.01% | −379,876−91.5% | Reduced |
| Ameriprise Financial Inc | 35,557 | $6.24M | 0.00% | −26,806−43.0% | Reduced |
| Worldquant Millennium Advisors LLC | 35,805 | $6.28M | 0.02% | +29,622+479.1% | Added |
| New York State Teachers Retirement System | 36,285 | $6.37M | 0.01% | −538−1.5% | Reduced |
| Walleye Trading LLC | 36,445 | $6.40M | 0.10% | +32,195+757.5% | Added |
| BNP Paribas Arbitrage, SA | 36,647 | $6.43M | 0.00% | −18,311−33.3% | Reduced |
| D. E. Shaw & Co., Inc. | 37,335 | $6.55M | 0.00% | +28,314+313.9% | Added |
| Sands Capital Management, LLC | 39,975 | $7.02M | 0.02% | −7,697−16.1% | Reduced |
| Algert Global LLC | 40,574 | $7.12M | 0.11% | +524+1.3% | Added |
| Square Peg Capital Pty Ltd | 41,924 | $7.36M | 7.36% | +6,347+17.8% | Added |
| Sycomore Asset Management | 28,184 | $7.83M | 1.30% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 45,180 | $7.93M | 0.00% | +29,966+197.0% | Added |
| Toronto Dominion Bank | 45,867 | $8.05M | 0.01% | +45,867 | New |
| Pacer Advisors, Inc. | 46,213 | $8.11M | 0.02% | −10,251−18.2% | Reduced |
| Retirement Systems of Alabama | 48,023 | $8.43M | 0.03% | +28+0.1% | Added |
| Franklin Resources Inc | 48,043 | $8.43M | 0.00% | −777−1.6% | Reduced |
| Alliancebernstein L.P. | 48,972 | $8.59M | 0.00% | −248,219−83.5% | Reduced |
| Brown Capital Management LLC | 49,876 | $8.75M | 0.72% | −29,826−37.4% | Reduced |
| California Public Employees Retirement System | 50,004 | $8.78M | 0.01% | −13,842−21.7% | Reduced |
| Jump Financial, LLC | 50,226 | $8.81M | 0.11% | +27,723+123.2% | Added |
| Barclays PLC | 52,160 | $9.15M | 0.00% | +46+0.1% | Added |
| TD Asset Management Inc | 53,730 | $9.43M | 0.01% | −46,577−46.4% | Reduced |