DraftKings Ownership | Who Owns DraftKings?

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DraftKings Ownership Summary

DraftKings is owned by 76.15% institutional investors, 2.42% insiders, and 21.43% retail investors. Vanguard group is the largest institutional shareholder, holding 8.61% of DKNG shares. Vanguard Total Stock Mkt Idx Inv is the top mutual fund, with 2.99% of its assets in DraftKings shares.

DKNG Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	DraftKings	76.15%	2.42%	21.43%
Sector	Consumer Cyclical Stocks	57.07%	12.08%	30.85%
Industry	Gambling, Resorts & Casinos Stocks	52.23%	17.08%	30.69%
Idea	NFT Stocks Stocks List	61.86%	4.98%	33.16%
Idea	Gaming Stocks List	31.30%	16.82%	51.89%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	40.82M	8.61%	$1.56B
Blackrock	30.84M	6.50%	$1.18B
Wellington management group llp	23.18M	4.89%	$884.71M
T. rowe price investment management	9.82M	2.07%	$374.88M
State street	9.21M	1.94%	$351.45M
Geode capital management	7.70M	1.62%	$293.48M
Sumitomo mitsui trust	6.76M	1.43%	$258.01M
Nuveen asset management	6.66M	1.40%	$254.05M
Invesco	6.57M	1.39%	$250.84M
Ark investment management	6.19M	1.30%	$236.17M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Atlas venture advisors	5.89M	49.49%	$224.99M
Raine capital	1.38M	25.73%	$52.77M
Accuvest global advisors	92.42K	7.84%	$3.53M
Jericho capital asset management	4.84M	5.56%	$184.91M
Coastal bridge advisors	522.96K	4.96%	$19.96M
Diker management	150.00K	4.85%	$5.73M
Hidden lake asset management lp	142.72K	4.22%	$5.45M
Granger management	617.29K	3.93%	$23.56M
Tremblant capital group	923.37K	3.82%	$35.24M
Blue whale capital llp	1.03M	3.75%	$39.31M

Top Buyers

Holder	Shares	% Assets	Change
T. rowe price investment management	9.82M	0.24%	9.82M
Blackrock	30.84M	0.03%	9.51M
Norges bank	5.66M	0.03%	5.66M
Macquarie group	5.23M	0.23%	2.65M
Ameriprise financial	5.66M	0.06%	2.24M

Top Sellers

Holder	Shares	% Assets	Change
Millennium management	179.21K	0.00%	-2.75M
Ark investment management	6.19M	2.10%	-2.53M
Coatue management	-	-	-2.30M
Squarepoint ops	-	-	-2.28M
Renaissance	-	-	-1.95M

New Positions

Holder	Shares	% Assets	Change	Value
T. rowe price investment management	9.82M	0.24%	9.82M	$374.88M
Norges bank	5.66M	0.03%	5.66M	$215.91M
Frontier capital management	1.15M	0.43%	1.15M	$43.90M
Capital investors	1.10M	0.01%	1.10M	$42.08M
Blue whale capital llp	1.03M	3.75%	1.03M	$39.31M

Sold Out

Holder	Change
Quest partners	-1.00
Evolution advisers	-2.00
Tfc financial management	-2.00
Kayne anderson rudnick investment management	-6.00
Sawyer & company	-7.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2024	816	-5.23%	370,264,357	4.22%	76	1.36%	378	-8.25%	243	-3.57%
Jun 30, 2024	853	-3.18%	355,083,485	4.46%	74	1.46%	405	-1.22%	250	-9.09%
Mar 31, 2024	881	8.23%	339,933,800	4.25%	71	1.48%	410	5.13%	275	8.27%
Dec 31, 2023	814	16.12%	326,062,093	10.28%	69	1.72%	390	12.72%	254	39.56%
Sep 30, 2023	701	9.70%	295,654,550	3.87%	63	1.68%	346	11.25%	182	10.98%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard Total Stock Mkt Idx Inv	14.57M	2.99%	-54.35K
Vanguard Small Cap Index	11.57M	2.37%	22.65K
T. Rowe Price US Mid-Cap Growth Equity	8.73M	1.80%	3.98M
T. Rowe Price Mid-Cap Growth	8.73M	1.80%	485.00K
Vanguard Institutional Extnd Mkt Idx Tr	7.25M	1.49%	-21.45K
Vanguard Small Cap Growth Index Inv	6.35M	1.30%	-23.27K
BlackRock Mid-Cap Growth Equity Instl	6.19M	1.27%	-43.66K
American Funds SMALLCAP World A	4.85M	1.00%	-
Vanguard US Growth Investor	4.60M	0.95%	-178.73K
American Funds Growth Fund of Amer A	4.44M	0.91%	3.51M

Recent Insider Transactions

Date	Name	Role	Activity	Value
Oct 25, 2024	Liberman Paul	See Remarks	Sell	$124.15K
Oct 25, 2024	Liberman Paul	See Remarks	Sell	$3.10M
Sep 25, 2024	Liberman Paul	See Remarks	Sell	$1.24M
Sep 25, 2024	Liberman Paul	See Remarks	Sell	$13.39M
Sep 25, 2024	Liberman Paul	See Remarks	Sell	$1.59M

Insider Transactions Trends

Date	Buy	Sell
2024 Q4	-	2
2024 Q3	-	10
2024 Q2	-	12
2024 Q1	-	8
2023 Q4	-	25

DKNG Ownership FAQ

Who Owns DraftKings?

DraftKings shareholders are primarily institutional investors at 76.15%, followed by 2.42% insiders and 21.43% retail investors. The average institutional ownership in DraftKings's industry, Gambling, Resorts & Casinos Stocks , is 52.23%, which DraftKings exceeds.

Who owns the most shares of DraftKings?

DraftKings’s largest shareholders are Vanguard group (40.82M shares, 8.61%), Blackrock (30.84M shares, 6.50%), and Wellington management group llp (23.18M shares, 4.89%). Together, they hold 20.00% of DraftKings’s total shares outstanding.

Does Blackrock own DraftKings?

Yes, BlackRock owns 6.50% of DraftKings, totaling 30.84M shares as of Jun 2024. This represents 0.03% of BlackRock's total assets, with a market value of 1.18B$. In the last quarter, BlackRock increased its holdings by 9.51M shares, a 44.56% change.

Who is DraftKings’s biggest shareholder by percentage of total assets invested?

Atlas venture advisors is DraftKings’s biggest shareholder by percentage of total assets invested, with 49.49% of its assets in 5.89M DraftKings shares, valued at 224.99M$.

Who is the top mutual fund holder of DraftKings shares?

Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of DraftKings shares, with 2.99% of its total shares outstanding invested in 14.57M DraftKings shares.

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