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 |
|---|---|---|---|---|---|
| Cerity Partners LLC | 54,336 | $9.54M | 0.01% | −18,682−25.6% | Reduced |
| Bienville Capital Management, LLC | 56,500 | $9.92M | 1.57% | +56,500 | New |
| Legal & General Group Plc | 57,245 | $10.0M | 0.00% | −1,901−3.2% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 57,484 | $10.1M | 0.02% | +2,048+3.7% | Added |
| Clearbridge Investments, LLC | 57,576 | $10.1M | 0.01% | −27,720−32.5% | Reduced |
| Teachers Retirement System of the State of Kentucky | 61,314 | $10.8M | 0.08% | −1,946−3.1% | Reduced |
| Alyeska Investment Group, L.P. | 61,441 | $10.8M | 0.03% | +61,441 | New |
| Congress Asset Management Co | 61,711 | $10.8M | 0.08% | +1,989+3.3% | Added |
| Natixis | 61,856 | $10.9M | 0.04% | +61,856 | New |
| Deutsche Bank AG | 64,769 | $11.4M | 0.00% | −65,068−50.1% | Reduced |
| Ci Investments Inc. | 64,996 | $11.4M | 0.05% | +64,894+63,621.6% | Added |
| Canada Pension Plan Investment Board | 65,664 | $11.5M | 0.01% | +31,180+90.4% | Added |
| Marshall Wace, LLP | 67,802 | $11.9M | 0.01% | +67,802 | New |
| Swiss National Bank | 70,460 | $12.4M | 0.01% | +1,960+2.9% | Added |
| Nuveen, LLC | 73,800 | $13.0M | 0.00% | +1,213+1.7% | Added |
| Arthedge Capital Management, LLC | 74,800 | $13.1M | 9.57% | +30,500+68.8% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 77,674 | $13.6M | 0.03% | +52,364+206.9% | Added |
| SG Americas Securities, LLC | 77,904 | $13.7M | 0.02% | +75,577+3,247.8% | Added |
| Walleye Capital LLC | 79,786 | $14.0M | 0.08% | +19,135+31.5% | Added |
| Principal Financial Group Inc | 85,698 | $15.0M | 0.01% | −2,109−2.4% | Reduced |
| UBS Asset Management Americas Inc | 86,990 | $15.3M | 0.00% | +573+0.7% | Added |
| Jasper Ridge Partners, L.P. | 87,108 | $15.3M | 0.34% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 88,218 | $15.5M | 0.03% | −77,621−46.8% | Reduced |
| Los Angeles Capital Management LLC | 62,590 | $16.4M | 0.06% | −45,146−41.9% | Reduced |
| Susquehanna International Group, LLP | 96,224 | $16.9M | 0.02% | +83,683+667.3% | Added |
| Dream Peak Capital Ltd | 104,532 | $18.3M | 2.86% | +104,532 | New |
| Two Sigma Advisers, LP | 106,080 | $18.6M | 0.04% | −218,220−67.3% | Reduced |
| Qube Research & Technologies Ltd | 112,279 | $19.7M | 0.03% | +100,489+852.3% | Added |
| American Century Companies Inc | 112,682 | $19.8M | 0.01% | +7,399+7.0% | Added |
| Durable Capital Partners LP | 119,181 | $20.9M | 0.20% | −755,738−86.4% | Reduced |
| Trexquant Investment LP | 119,824 | $21.0M | 0.19% | +105,122+715.0% | Added |
| Rhumbline Advisers | 120,925 | $21.2M | 0.02% | −1,926−1.6% | Reduced |
| Capital Fund Management S.A. | 121,002 | $21.2M | 0.20% | +97,332+411.2% | Added |
| First Trust Advisors LP | 121,829 | $21.4M | 0.02% | −67,316−35.6% | Reduced |
| Quinn Opportunity Partners LLC | 127,499 | $22.4M | 0.97% | +127,499 | New |
| Squarepoint Ops LLC | 128,801 | $22.6M | 0.05% | −47,309−26.9% | Reduced |
| Peregrine Capital Management LLC | 129,515 | $22.7M | 0.70% | +43,352+50.3% | Added |
| JPMorgan Chase & Co | 154,717 | $27.2M | 0.00% | −38,057−19.7% | Reduced |
| BIT Capital GmbH | 178,910 | $31.4M | 1.37% | +44,543+33.2% | Added |
| Two Sigma Investments, LP | 182,386 | $32.0M | 0.05% | −69,408−27.6% | Reduced |
| Citigroup Inc | 183,589 | $32.2M | 0.02% | −76,077−29.3% | Reduced |
| ThornTree Capital Partners LP | 184,867 | $32.4M | 5.43% | +184,867 | New |
| Dimensional Fund Advisors LP | 186,630 | $32.8M | 0.01% | +66,325+55.1% | Added |
| Goldman Sachs Group Inc | 208,678 | $36.6M | 0.01% | −6,114−2.8% | Reduced |
| Bank of America Corp | 217,986 | $38.3M | 0.00% | −12,849−5.6% | Reduced |
| Altshuler Shaham Ltd | 243,330 | $42.7M | 0.65% | +242,743+41,353.2% | Added |
| Bank of New York Mellon Corp | 243,401 | $42.7M | 0.01% | −5,385−2.2% | Reduced |
| Price T Rowe Associates Inc | 247,130 | $43.4M | 0.00% | −280,375−53.2% | Reduced |
| Millennium Management LLC | 267,882 | $47.0M | 0.03% | +229,361+595.4% | Added |
| Spyglass Capital Management LLC | 286,873 | $50.3M | 2.52% | +18,147+6.8% | Added |
| Carnegie Mellon University | 294,814 | $51.7M | 57.94% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 297,276 | $52.2M | 0.01% | +10,169+3.5% | Added |
| Capital International Investors | 308,605 | $54.2M | 0.01% | +2,689+0.9% | Added |
| Northern Trust Corp | 309,316 | $54.3M | 0.01% | −5,417−1.7% | Reduced |
| UBS Group AG | 311,621 | $54.7M | 0.01% | −43,652−12.3% | Reduced |
| Renaissance Technologies LLC | 315,554 | $55.4M | 0.09% | −225,946−41.7% | Reduced |
| Citadel Advisors LLC | 319,143 | $56.0M | 0.04% | +89,024+38.7% | Added |
| Morgan Stanley | 413,487 | $72.6M | 0.00% | +15,034+3.8% | Added |
| Norges Bank | 490,935 | $86.2M | 0.01% | +490,935 | New |
| FIL Ltd | 497,546 | $87.3M | 0.07% | +497,517+1,715,575.9% | Added |
| Gilder Gagnon Howe & Co LLC | 506,131 | $88.8M | 0.94% | −66,397−11.6% | Reduced |
| State of Michigan Retirement System | 560,500 | $98.4M | 0.48% | +551,000+5,800.0% | Added |
| Foxhaven Asset Management, LP | 571,840 | $100.4M | 2.47% | +71,923+14.4% | Added |
| Invesco Ltd. | 668,648 | $117.3M | 0.01% | −68,666−9.3% | Reduced |
| AQR Capital Management LLC | 774,710 | $136.0M | 0.07% | +33,841+4.6% | Added |
| T. Rowe Price Investment Management, Inc. | 778,819 | $136.7M | 0.09% | −505,131−39.3% | Reduced |
| Geode Capital Management, LLC | 811,809 | $142.5M | 0.01% | +19,698+2.5% | Added |
| Whale Rock Capital Management LLC | 876,646 | $153.9M | 1.97% | +8,477+1.0% | Added |
| State Street Corp | 1,157,219 | $203.1M | 0.01% | +3,361+0.3% | Added |
| Dragoneer Investment Group, LLC | 1,159,887 | $203.6M | 4.44% | −420,900−26.6% | Reduced |
| Capital World Investors | 2,241,378 | $393.4M | 0.05% | +11,140+0.5% | Added |
| FMR LLC | 2,640,486 | $463.4M | 0.02% | −537,909−16.9% | Reduced |
| Vanguard Group Inc | 3,621,788 | $635.6M | 0.01% | −23,573−0.6% | Reduced |
| BlackRock, Inc. | 3,898,862 | $684.3M | 0.01% | −286,928−6.9% | Reduced |
| Baillie Gifford & Co | 4,861,445 | $853.2M | 0.71% | +2,033,611+71.9% | Added |
| Artisan Partners Limited Partnership | 0 | $0 | 0.00% | −256,262−100.0% | Sold out |
| Bamco Inc | 0 | $0 | 0.00% | −243,708−100.0% | Sold out |
| Fuller & Thaler Asset Management, Inc. | 0 | $0 | 0.00% | −165,994−100.0% | Sold out |
| Jain Global LLC | 0 | $0 | 0.00% | −120,182−100.0% | Sold out |
| Nishkama Capital, LLC | 0 | $0 | 0.00% | −97,780−100.0% | Sold out |
| Steadview Capital Management LLC | 0 | $0 | 0.00% | −82,155−100.0% | Sold out |
| Mark Asset Management LP | 0 | $0 | 0.00% | −81,568−100.0% | Sold out |
| Allen Investment Management LLC | 0 | $0 | 0.00% | −78,421−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −68,201−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −62,569−100.0% | Sold out |
| Tredje AP-fonden | 0 | $0 | 0.00% | −55,908−100.0% | Sold out |
| Crosslink Capital Inc | 0 | $0 | 0.00% | −46,412−100.0% | Sold out |
| Lord, Abbett & Co. LLC | 0 | $0 | 0.00% | −46,036−100.0% | Sold out |
| Susquehanna Portfolio Strategies, LLC | 0 | $0 | 0.00% | −45,868−100.0% | Sold out |
| Zacks Investment Management | 0 | $0 | 0.00% | −36,875−100.0% | Sold out |
| TB Alternative Assets Ltd. | 0 | $0 | 0.00% | −35,961−100.0% | Sold out |
| Broad Peak Investment Advisers Pte Ltd | 0 | $0 | 0.00% | −31,000−100.0% | Sold out |
| Hidden Lake Asset Management LP | 0 | $0 | 0.00% | −29,456−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −29,343−100.0% | Sold out |
| Bank Julius Baer & Co. Ltd, Zurich | 0 | $0 | 0.00% | −28,356−100.0% | Sold out |
| Renaissance Group LLC | 0 | $0 | 0.00% | −27,571−100.0% | Sold out |
| Loomis Sayles & Co L P | 0 | $0 | 0.00% | −24,794−100.0% | Sold out |
| Atika Capital Management LLC | 0 | $0 | 0.00% | −22,200−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −14,975−100.0% | Sold out |
| Consolidated Press International Holdings Ltd | 0 | $0 | 0.00% | −14,885−100.0% | Sold out |