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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 7 sales; 435 institutions reported holding it in 13F filings for Q2 2026, worth $4.58B in total; no superinvestor holds it.

13F holders, Q1 2026

Institutional positions in Duolingo, Inc. as of Mar 31, 2026. 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
372
−97 vs. Q4 2025
Shares held
38.6M
+4.96M (+14.7%) vs. Q4 2025
Total value
$3.81B
−$2.10B (−35.5%) vs. Q4 2025
New holders
59
167 more added
Sold out
156
112 more reduced

6 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 372 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 heldQ1 2026: $3.81B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Duolingo, Inc.; share changes are against Q4 2025.

Institutions holding DUOL in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Baillie Gifford & Co4,875,810$480.6M0.49%+14,365+0.3%Added
BlackRock, Inc.3,986,466$392.9M0.01%+87,604+2.2%Added
Vanguard Capital Management LLC1,723,132$169.8M0.00%+1,723,132New
Vanguard Portfolio Management LLC1,632,650$160.9M0.01%+1,632,650New
FIL Ltd1,622,805$160.0M0.12%+1,125,259+226.2%Added
Two Sigma Investments, LP1,395,544$137.6M0.11%+1,213,158+665.2%Added
Bank of America Corp1,332,301$131.3M0.01%+1,114,315+511.2%Added
Federated Hermes, Inc.1,253,026$123.5M0.20%+1,164,808+1,320.4%Added
State of Michigan Retirement System1,193,307$117.6M0.62%+632,807+112.9%Added
State Street Corp1,183,644$116.7M0.00%+26,425+2.3%Added
UBS Group AG1,098,062$108.2M0.02%+786,441+252.4%Added
FMR LLC1,093,339$107.8M0.01%−1,547,147−58.6%Reduced
Morgan Stanley953,769$94.0M0.01%+540,282+130.7%Added
Geode Capital Management, LLC818,328$80.7M0.01%+6,519+0.8%Added
Jane Street Group, LLC671,124$66.2M0.07%+669,483+40,797.3%Added
Renaissance Technologies LLC603,806$59.5M0.09%+288,252+91.3%Added
Gilder Gagnon Howe & Co LLC508,550$50.1M0.60%+2,419+0.5%Added
Quinn Opportunity Partners LLC497,362$49.0M2.57%+369,863+290.1%Added
BNP Paribas Arbitrage, SA483,019$47.6M0.03%+446,372+1,218.0%Added
Whale Rock Capital Management LLC471,764$46.5M0.60%−404,882−46.2%Reduced
JPMorgan Chase & Co471,345$44.4M0.00%+316,628+204.6%Added
Amundi449,068$44.3M0.01%+418,134+1,351.7%Added
Voloridge Investment Management, LLC429,335$42.3M0.17%+429,335New
Invesco Ltd.358,179$35.3M0.00%−310,469−46.4%Reduced
Goldman Sachs Group Inc352,451$34.7M0.00%+143,773+68.9%Added
Northern Trust Corp334,546$33.0M0.00%+25,230+8.2%Added
Millennium Management LLC331,384$32.7M0.02%+63,502+23.7%Added
Charles Schwab Investment Management Inc306,853$30.2M0.00%+9,577+3.2%Added
Carnegie Mellon University294,814$29.1M45.16%00.0%Unchanged
D. E. Shaw & Co., Inc.280,428$27.6M0.02%+243,093+651.1%Added
Citadel Advisors LLC273,868$27.0M0.02%−45,275−14.2%Reduced
Vanguard Fiduciary Trust Co251,778$24.8M0.01%+251,778New
Bank of New York Mellon Corp249,634$24.6M0.00%+6,233+2.6%Added
Citigroup Inc241,377$23.8M0.02%+57,788+31.5%Added
Pacer Advisors, Inc.238,458$23.5M0.07%+192,245+416.0%Added
HRT Financial LP221,991$21.9M0.05%+221,991New
Capital International Investors149,640$14.8M0.00%−158,965−51.5%Reduced
Voleon Capital Management LP137,050$13.5M0.29%+105,599+335.8%Added
American Century Companies Inc130,564$12.9M0.01%+17,882+15.9%Added
Clear Street Group Inc.127,941$12.6M0.07%+125,941+6,297.1%Added
Trexquant Investment LP126,504$12.5M0.09%+6,680+5.6%Added
Rhumbline Advisers122,546$12.1M0.01%+1,621+1.3%Added
Walleye Trading LLC116,619$11.5M0.24%+80,174+220.0%Added
Dimensional Fund Advisors LP115,408$11.4M0.00%−71,222−38.2%Reduced
AQR Capital Management LLC110,048$10.8M0.00%−664,662−85.8%Reduced
Nantahala Capital Management, LLC100,000$9.86M0.62%+100,000New
First Trust Advisors LP99,433$9.80M0.01%−22,396−18.4%Reduced
Capital Fund Management S.A.97,938$9.65M0.09%−23,064−19.1%Reduced
Tudor Investment Corp Et Al94,362$9.30M0.05%+94,362New
IMC-Chicago, LLC90,061$8.88M0.13%+90,061New
Principal Financial Group Inc90,040$8.88M0.00%+4,342+5.1%Added
Jasper Ridge Partners, L.P.87,108$8.59M0.19%00.0%Unchanged
Mitsubishi UFJ Trust & Banking Corp84,834$8.36M0.02%+7,160+9.2%Added
UBS Asset Management Americas Inc84,462$8.33M0.00%−2,528−2.9%Reduced
Alliancebernstein L.P.47,252$8.29M0.00%−1,720−3.5%Reduced
Nuveen, LLC80,752$7.96M0.00%+6,952+9.4%Added
Sycomore Asset Management28,184$7.83M1.13%00.0%Unchanged
SG Americas Securities, LLC79,234$7.81M0.01%+1,330+1.7%Added
Barclays PLC78,392$7.73M0.00%+26,232+50.3%Added
Susquehanna International Group, LLP78,112$7.70M0.01%−18,112−18.8%Reduced
Man Group plc76,115$7.50M0.02%+58,096+322.4%Added
Arthedge Capital Management, LLC74,800$7.37M7.43%00.0%Unchanged
National Bank of Canada74,800$7.37M0.01%+74,775+299,100.0%Added
Universal- Beteiligungs- und Servicegesellschaft mbH71,299$7.03M0.01%+13,815+24.0%Added
Swiss National Bank70,460$6.95M0.00%00.0%Unchanged
FORA Capital, LLC68,856$6.79M0.50%+68,856New
Proem Advisors LLC68,450$6.75M2.23%+52,200+321.2%Added
Quadrature Capital Ltd65,599$6.47M0.08%+54,976+517.5%Added
Teachers Retirement System of the State of Kentucky64,034$6.31M0.05%+2,720+4.4%Added
USS Investment Management Ltd63,429$6.25M0.03%+63,429New
Private Advisor Group, LLC62,702$6.18M0.03%+27,415+77.7%Added
Ci Investments Inc.62,583$6.17M0.03%−2,413−3.7%Reduced
Engineers Gate Manager LP62,123$6.12M0.08%+57,343+1,199.6%Added
Edgestream Partners, L.P.60,827$6.00M0.20%+52,339+616.6%Added
Winton Group Ltd60,373$5.95M0.21%+60,373New
Intercapital, LLC60,000$5.91M3.27%+60,000New
Walleye Capital LLC59,376$5.85M0.04%−20,410−25.6%Reduced
Legal & General Group Plc50,546$4.98M0.00%−6,699−11.7%Reduced
Retirement Systems of Alabama49,055$4.84M0.02%+1,032+2.1%Added
Marex Group plc48,678$4.80M0.05%+33,832+227.9%Added
California Public Employees Retirement System45,796$4.51M0.00%−4,208−8.4%Reduced
Victory Capital Management Inc43,960$4.33M0.00%+17,868+68.5%Added
ExodusPoint Capital Management, LP43,446$4.28M0.04%+43,446New
X-Square Capital, LLC43,186$4.26M1.43%+19,500+82.3%Added
Y-Intercept (Hong Kong) Ltd42,860$4.22M0.08%+8,748+25.6%Added
California State Teachers Retirement System41,720$4.11M0.00%+7,700+22.6%Added
Square Peg Capital Pty Ltd41,288$4.07M5.41%−636−1.5%Reduced
Worldquant Millennium Advisors LLC41,171$4.06M0.02%+5,366+15.0%Added
Price T Rowe Associates Inc40,586$4.00M0.00%−206,544−83.6%Reduced
Exor Capital LLP40,045$3.95M0.08%+6,482+19.3%Added
Gotham Asset Management, LLC39,925$3.94M0.01%+31,535+375.9%Added
Fideuram - Intesa Sanpaolo Private Banking S.P.A.39,311$3.87M0.14%+11,361+40.6%Added
LPL Financial LLC38,128$3.76M0.00%+14,730+63.0%Added
Ameriprise Financial Inc37,990$3.74M0.00%+2,433+6.8%Added
Caxton Associates LLP36,948$3.64M0.08%+35,541+2,526.0%Added
New York State Teachers Retirement System35,724$3.52M0.01%−561−1.5%Reduced
Brown Capital Management LLC35,299$3.48M0.49%−14,577−29.2%Reduced
Axq Capital, LP33,703$3.32M0.43%+18,563+122.6%Added
Vanguard Asset Management, Ltd33,483$3.30M0.00%+33,483New
State Board of Administration of Florida Retirement System32,909$3.24M0.01%−32−0.1%Reduced