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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 8 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
Fifth Third Bancorp9,110$898.0K0.00%+8,863+3,588.3%Added
Russell Investments Group, Ltd.9,124$899.4K0.00%−4,165−31.3%Reduced
SEI Investments Co9,325$919.3K0.00%+3,768+67.8%Added
Kestra Private Wealth Services, LLC9,459$932.4K0.01%−732−7.2%Reduced
GF Fund Management Co. Ltd.9,607$947.0K0.02%−72−0.7%Reduced
Quantitative Investment Management, LLC9,673$953.0K0.10%+1,640+20.4%Added
Altshuler Shaham Ltd9,811$967.1K0.02%−233,519−96.0%Reduced
Arizona State Retirement System9,812$967.2K0.01%−96−1.0%Reduced
Allstate Corp9,831$969.0K0.01%+9,831New
Ground Swell Capital, LLC10,000$985.7K1.94%+10,000New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys10,026$988.3K0.01%+13+0.1%Added
Lazard Freres Gestion S.A.S.10,230$1.01M0.02%−1,770−14.8%Reduced
Hussman Strategic Advisors, Inc.10,500$1.03M0.22%+6,300+150.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.10,630$1.05M0.00%+3,537+49.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)10,679$1.05M0.00%+2,616+32.4%Added
Triodos Investment Management BV11,000$1.08M0.08%00.0%Unchanged
Public Employees Retirement System of Ohio11,065$1.09M0.00%−377−3.3%Reduced
Polymer Capital Management (US) LLC11,247$1.11M0.16%+4,542+67.7%Added
Militia Capital Management LLC11,360$1.12M0.25%+11,360New
HSBC Holdings PLC11,291$1.14M0.00%−3,328−22.8%Reduced
Louisiana State Employees Retirement System11,600$1.14M0.02%+500+4.5%Added
Yousif Capital Management, LLC11,667$1.15M0.01%−689−5.6%Reduced
SummitTX Capital, L.P.12,173$1.20M0.04%+9,024+286.6%Added
Palidye Holdings (Caymans) Ltd12,275$1.21M0.22%−4,477−26.7%Reduced
Quent Capital, LLC12,554$1.24M0.09%+26+0.2%Added
Employees Retirement System of Texas13,177$1.30M0.01%+256+2.0%Added
Handelsbanken Fonder AB13,180$1.30M0.00%+2,480+23.2%Added
Leonteq Securities AG13,373$1.32M0.08%+3,790+39.5%Added
State of Tennessee, Treasury Department13,759$1.36M0.00%00.0%Unchanged
Lighthouse Investment Partners, LLC14,443$1.42M0.05%+2,647+22.4%Added
Creative Planning14,477$1.43M0.00%+7,242+100.1%Added
Gsa Capital Partners LLP14,972$1.48M0.09%+9,040+152.4%Added
Baader Bank INC15,000$1.48M0.15%+15,000New
Janus Henderson Group PLC15,214$1.50M0.00%−29,966−66.3%Reduced
Mutual of America Capital Management LLC15,334$1.51M0.02%−1,318−7.9%Reduced
Krane Funds Advisors LLC15,427$1.54M0.06%+9,616+165.5%Added
South Dakota Investment Council15,708$1.55M0.03%+5,968+61.3%Added
Police & Firemen's Retirement System of New Jersey15,886$1.57M0.01%00.0%Unchanged
Treasurer of the State of North Carolina16,275$1.60M0.01%+351+2.2%Added
Vanguard Global Advisers, LLC16,357$1.61M0.00%+16,357New
Ossiam16,500$1.63M0.03%00.0%Unchanged
Group One Trading, L.P.16,719$1.65M0.05%+8,264+97.7%Added
Investment House LLC17,719$1.75M0.09%−319−1.8%Reduced
Catalytic Wealth RIA, LLC17,903$1.76M0.07%−3,982−18.2%Reduced
Algert Global LLC18,503$1.82M0.03%−22,071−54.4%Reduced
Quantinno Capital Management LP18,708$1.84M0.00%+555+3.1%Added
Amalgamated Bank19,019$1.88M0.01%+104+0.5%Added
Empowered Funds, LLC19,182$1.89M0.01%+17,296+917.1%Added
Step Capital Management Pte. Ltd.20,000$1.97M0.79%+20,000New
New York State Common Retirement Fund20,067$1.98M0.00%00.0%Unchanged
State of New Jersey Common Pension Fund D20,241$2.00M0.01%+7,925+64.3%Added
Franklin Resources Inc20,245$2.00M0.00%−27,798−57.9%Reduced
Reinhart Partners, Inc.20,911$2.06M0.06%+20,911New
Quantbot Technologies LP21,311$2.10M0.09%+13,351+167.7%Added
MetLife Investment Management21,367$2.11M0.01%+14+0.1%Added
Audent Global Asset Management, LLC21,700$2.14M2.13%+21,700New
Squarepoint Ops LLC22,038$2.17M0.00%−106,763−82.9%Reduced
Lane Generational LLC23,319$2.30M1.83%+23,319New
Steel Peak Wealth Management LLC24,002$2.37M0.07%+6,000+33.3%Added
Brevan Howard Capital Management LP24,023$2.37M0.02%+4,449+22.7%Added
Headlands Technologies LLC26,256$2.59M0.29%+13,180+100.8%Added
Manufacturers Life Insurance Company, The26,265$2.59M0.00%−477−1.8%Reduced
State of Wisconsin Investment Board27,197$2.68M0.01%+1,945+7.7%Added
Los Angeles Capital Management LLC27,231$2.68M0.01%−35,359−56.5%Reduced
Wells Fargo & Company27,237$2.68M0.00%+7,956+41.3%Added
Ensign Peak Advisors, Inc28,110$2.77M0.01%−2,242−7.4%Reduced
Canada Pension Plan Investment Board29,907$2.95M0.00%−35,757−54.5%Reduced
Deutsche Bank AG30,239$2.98M0.00%−34,530−53.3%Reduced
Simplex Trading, LLC31,200$3.08M0.10%+31,200New
Acadian Asset Management LLC31,901$3.14M0.00%+9,413+41.9%Added
Occudo Quantitative Strategies LP28,753$3.17M0.17%+28,753New
Cresset Asset Management, LLC32,266$3.18M0.01%−310−1.0%Reduced
State Board of Administration of Florida Retirement System32,909$3.24M0.01%−32−0.1%Reduced
Vanguard Asset Management, Ltd33,483$3.30M0.00%+33,483New
Axq Capital, LP33,703$3.32M0.43%+18,563+122.6%Added
Brown Capital Management LLC35,299$3.48M0.49%−14,577−29.2%Reduced
New York State Teachers Retirement System35,724$3.52M0.01%−561−1.5%Reduced
Caxton Associates LLP36,948$3.64M0.08%+35,541+2,526.0%Added
Ameriprise Financial Inc37,990$3.74M0.00%+2,433+6.8%Added
LPL Financial LLC38,128$3.76M0.00%+14,730+63.0%Added
Fideuram - Intesa Sanpaolo Private Banking S.P.A.39,311$3.87M0.14%+11,361+40.6%Added
Gotham Asset Management, LLC39,925$3.94M0.01%+31,535+375.9%Added
Exor Capital LLP40,045$3.95M0.08%+6,482+19.3%Added
Price T Rowe Associates Inc40,586$4.00M0.00%−206,544−83.6%Reduced
Worldquant Millennium Advisors LLC41,171$4.06M0.02%+5,366+15.0%Added
Square Peg Capital Pty Ltd41,288$4.07M5.41%−636−1.5%Reduced
California State Teachers Retirement System41,720$4.11M0.00%+7,700+22.6%Added
Y-Intercept (Hong Kong) Ltd42,860$4.22M0.08%+8,748+25.6%Added
X-Square Capital, LLC43,186$4.26M1.43%+19,500+82.3%Added
ExodusPoint Capital Management, LP43,446$4.28M0.04%+43,446New
Victory Capital Management Inc43,960$4.33M0.00%+17,868+68.5%Added
California Public Employees Retirement System45,796$4.51M0.00%−4,208−8.4%Reduced
Marex Group plc48,678$4.80M0.05%+33,832+227.9%Added
Retirement Systems of Alabama49,055$4.84M0.02%+1,032+2.1%Added
Legal & General Group Plc50,546$4.98M0.00%−6,699−11.7%Reduced
Walleye Capital LLC59,376$5.85M0.04%−20,410−25.6%Reduced
Intercapital, LLC60,000$5.91M3.27%+60,000New
Winton Group Ltd60,373$5.95M0.21%+60,373New
Edgestream Partners, L.P.60,827$6.00M0.20%+52,339+616.6%Added
Engineers Gate Manager LP62,123$6.12M0.08%+57,343+1,199.6%Added