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 |
|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund | 7,980 | $1.40M | 0.02% | −31−0.4% | Reduced |
| Quantbot Technologies LP | 7,960 | $1.40M | 0.05% | −25,171−76.0% | Reduced |
| KLP Kapitalforvaltning AS | 7,640 | $1.34M | 0.01% | +240+3.2% | Added |
| Xponance, Inc. | 7,569 | $1.33M | 0.01% | −510−6.3% | Reduced |
| Ameritas Investment Partners, Inc. | 7,333 | $1.29M | 0.04% | −108−1.5% | Reduced |
| Rockefeller Capital Management L.P. | 7,310 | $1.28M | 0.00% | −4,951−40.4% | Reduced |
| Rathbone Brothers plc | 7,249 | $1.27M | 0.00% | +7,249 | New |
| Creative Planning | 7,235 | $1.27M | 0.00% | −5,459−43.0% | Reduced |
| Bank of Montreal | 7,137 | $1.25M | 0.00% | +3,597+101.6% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 7,093 | $1.25M | 0.00% | +4,905+224.2% | Added |
| Impax Asset Management Group plc | 7,128 | $1.25M | 0.01% | +1,263+21.5% | Added |
| Commonwealth Equity Services, LLC | 7,110 | $1.25M | 0.00% | +3,661+106.1% | Added |
| Raymond James Financial Inc | 6,975 | $1.22M | 0.00% | −3,775−35.1% | Reduced |
| Polymer Capital Management (US) LLC | 6,705 | $1.18M | 0.15% | +3,366+100.8% | Added |
| SBI Securities Co., Ltd. | 6,576 | $1.15M | 0.03% | −98−1.5% | Reduced |
| Dynamic Technology Lab Private Ltd | 6,284 | $1.10M | 0.25% | +6,284 | New |
| Mercer Global Advisors Inc | 6,211 | $1.09M | 0.00% | −1,736−21.8% | Reduced |
| Gsa Capital Partners LLP | 5,932 | $1.04M | 0.09% | +5,932 | New |
| Krane Funds Advisors LLC | 5,811 | $1.02M | 0.03% | −265−4.4% | Reduced |
| SEI Investments Co | 5,557 | $975.4K | 0.00% | −40,696−88.0% | Reduced |
| The PNC Financial Services Group, Inc. | 5,510 | $967.0K | 0.00% | +26+0.5% | Added |
| Scientech Research LLC | 5,385 | $945.1K | 0.59% | +3,720+223.4% | Added |
| Pictet Asset Management Holding SA | 5,237 | $919.1K | 0.00% | −55,940−91.4% | Reduced |
| Magnetar Financial LLC | 5,140 | $902.1K | 0.01% | +5,140 | New |
| Cynosure Management, LLC | 5,031 | $882.9K | 0.09% | +4,224+523.4% | Added |
| Engineers Gate Manager LP | 4,780 | $838.9K | 0.01% | −2,056−30.1% | Reduced |
| Pathstone Holdings, LLC | 4,707 | $826.1K | 0.00% | −1,109−19.1% | Reduced |
| Empire Life Investments Inc. | 4,697 | $824.3K | 0.05% | +4,697 | New |
| Rakuten Securities, Inc. | 4,623 | $811.3K | 0.26% | +2,113+84.2% | Added |
| Legacy Wealth Managment, LLC | 4,500 | $789.8K | 0.38% | 00.0% | Unchanged |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 4,441 | $779.4K | 0.01% | +5+0.1% | Added |
| Cim, LLC | 4,390 | $770.4K | 0.10% | +248+6.0% | Added |
| AlphaGrep UK Ltd | 4,356 | $764.5K | 0.26% | +4,356 | New |
| FirstWave Capital Management LLC | 4,345 | $762.5K | 0.45% | +4,345 | New |
| Teacher Retirement System of Texas | 4,312 | $756.8K | 0.00% | −4,804−52.7% | Reduced |
| Boothbay Fund Management, LLC | 4,282 | $751.5K | 0.02% | +3,244+312.5% | Added |
| Hussman Strategic Advisors, Inc. | 4,200 | $737.1K | 0.18% | +4,200 | New |
| AlphaStar Capital Management, LLC | 4,157 | $729.6K | 0.05% | +4,157 | New |
| State of Alaska, Department of Revenue | 3,930 | $689.0K | 0.01% | −410−9.4% | Reduced |
| Eddie Patel Inc | 3,924 | $688.6K | 0.51% | +3,924 | New |
| Federation des caisses Desjardins du Quebec | 3,894 | $683.4K | 0.00% | +951+32.3% | Added |
| Truist Financial Corp | 3,642 | $639.2K | 0.00% | −2,501−40.7% | Reduced |
| Nomura Holdings Inc | 3,545 | $622.1K | 0.00% | −3,738−51.3% | Reduced |
| Advisory Services Network, LLC | 3,397 | $596.2K | 0.01% | +3,072+945.2% | Added |
| Summit Trail Advisors, LLC | 3,396 | $596.0K | 0.01% | +1,751+106.4% | Added |
| Fox Run Management, L.L.C. | 3,391 | $595.1K | 0.09% | +1,739+105.3% | Added |
| Public Employees Retirement Association of Colorado | 3,349 | $588.0K | 0.00% | 00.0% | Unchanged |
| Verition Fund Management LLC | 3,250 | $570.4K | 0.00% | +3,250 | New |
| Envestnet Portfolio Solutions, Inc. | 3,217 | $564.6K | 0.00% | −230−6.7% | Reduced |
| Prelude Capital Management, LLC | 3,176 | $557.4K | 0.04% | +3,176 | New |
| Odyssean, LLC | 3,163 | $555.1K | 0.40% | +3,163 | New |
| Toroso Investments, LLC | 3,151 | $553.0K | 0.00% | +359+12.9% | Added |
| SummitTX Capital, L.P. | 3,149 | $552.6K | 0.02% | +3,149 | New |
| Quadrant Capital Group LLC | 3,064 | $537.7K | 0.02% | +1,074+54.0% | Added |
| Capital Group Investment Management Pte. Ltd. | 3,045 | $534.4K | 0.09% | 00.0% | Unchanged |
| First Citizens Bank & Trust Co | 2,992 | $525.1K | 0.01% | +23+0.8% | Added |
| Freestone Grove Partners LP | 2,967 | $520.7K | 0.00% | −50,616−94.5% | Reduced |
| Diversify Wealth Management, LLC | 3,139 | $520.4K | 0.02% | +111+3.7% | Added |
| Cambridge Investment Research Advisors, Inc. | 2,963 | $520.0K | 0.00% | +2,244+312.1% | Added |
| Securian Asset Management, Inc | 2,944 | $516.7K | 0.02% | 00.0% | Unchanged |
| Counterpoint Mutual Funds LLC | 2,872 | $504.0K | 0.04% | +2,872 | New |
| Oppenheimer Asset Management Inc. | 2,856 | $501.2K | 0.01% | −227−7.4% | Reduced |
| Virginia Retirement Systems Et Al | 2,735 | $480.0K | 0.00% | +1,086+65.9% | Added |
| CIBC Private Wealth Group, LLC | 2,724 | $478.1K | 0.00% | −178−6.1% | Reduced |
| Van Eck Associates Corp | 2,709 | $475.0K | 0.00% | +2,709 | New |
| Captrust Financial Advisors | 2,699 | $473.7K | 0.00% | −2,396−47.0% | Reduced |
| Aviva PLC | 2,686 | $471.4K | 0.00% | +1,094+68.7% | Added |
| Bayforest Capital Ltd | 2,682 | $470.7K | 0.35% | +2,682 | New |
| JustInvest LLC | 2,668 | $468.2K | 0.00% | −407−13.2% | Reduced |
| Vident Advisory, LLC | 2,647 | $464.5K | 0.00% | +145+5.8% | Added |
| Pallas Capital Advisors LLC | 2,595 | $455.4K | 0.02% | −1,345−34.1% | Reduced |
| Janney Montgomery Scott LLC | 2,562 | $450.0K | 0.00% | +1,368+114.6% | Added |
| Allspring Global Investments Holdings, LLC | 2,545 | $449.1K | 0.00% | −3,323−56.6% | Reduced |
| MML Investors Services, LLC | 2,534 | $444.7K | 0.00% | −2,561−50.3% | Reduced |
| Green Alpha Advisors, LLC | 2,515 | $441.4K | 0.40% | +38+1.5% | Added |
| Twin Tree Management, LP | 2,514 | $441.2K | 0.05% | −17,692−87.6% | Reduced |
| Crossmark Global Holdings, Inc. | 2,505 | $439.6K | 0.01% | −215−7.9% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 2,467 | $432.4K | 0.00% | −179−6.8% | Reduced |
| Leo Wealth, LLC | 2,424 | $425.4K | 0.03% | +2,424 | New |
| Vontobel Holding Ltd. | 2,423 | $425.2K | 0.00% | −341−12.3% | Reduced |
| Banco Santander, S.A. | 2,357 | $413.7K | 0.00% | −30−1.3% | Reduced |
| US Bancorp | 2,342 | $411.0K | 0.00% | +525+28.9% | Added |
| AIA Group Ltd | 2,340 | $410.7K | 0.01% | +2,340 | New |
| Profund Advisors LLC | 2,324 | $407.9K | 0.01% | −141−5.7% | Reduced |
| Belpointe Asset Management LLC | 2,306 | $404.7K | 0.01% | −72−3.0% | Reduced |
| Integrated Quantitative Investments LLC | 2,257 | $396.1K | 0.09% | +2,257 | New |
| M&T Bank Corp | 2,228 | $391.0K | 0.00% | +553+33.0% | Added |
| Hancock Whitney Corp | 2,227 | $390.9K | 0.01% | −26,201−92.2% | Reduced |
| Optimize Financial Inc | 2,217 | $389.1K | 0.20% | +28+1.3% | Added |
| Colony Group, LLC | 2,183 | $383.2K | 0.00% | −2,367−52.0% | Reduced |
| Diversified Trust Co | 2,166 | $380.1K | 0.01% | +93+4.5% | Added |
| Joel Isaacson & Co., LLC | 2,144 | $376.3K | 0.01% | 00.0% | Unchanged |
| Buckingham Strategic Partners | 2,084 | $365.7K | 0.00% | −2,360−53.1% | Reduced |
| New York Life Investment Management LLC | 2,016 | $353.8K | 0.00% | −1,969−49.4% | Reduced |
| HighTower Advisors, LLC | 2,013 | $353.3K | 0.00% | −297−12.9% | Reduced |
| Utah Retirement Systems | 2,000 | $351.0K | 0.00% | 00.0% | Unchanged |
| Clear Street Group Inc. | 2,000 | $351.0K | 0.00% | +2,000 | New |
| Morris Retirement Advisors, LLC | 1,972 | $346.1K | 0.15% | +718+57.3% | Added |
| Parallax Volatility Advisers, L.P. | 1,967 | $345.2K | 0.01% | −826−29.6% | Reduced |
| Rafferty Asset Management, LLC | 1,949 | $342.1K | 0.00% | −1,481−43.2% | Reduced |