Draftkings Inc-cl A (DKNG) 13F Positioning & Ownership Changes (Q2 2026)

DKNG ranks #750 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

DKNG is a disclosed holding of Cliff Asness (AQR Capital Management), one of the tracked superinvestors on AlphaSMO — it makes up 0.3% of that fund's own 13F portfolio.

DKNG is a top-conviction position for Atlas Venture Advisors, Inc. — at 93.7% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in DKNG belongs to CIBC Bancorp USA Inc., but the position matters far more to Atlas Venture Advisors, Inc., who has 93.7% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Hood River Capital Management LLC has added to its DKNG position for two straight quarters, increasing it by $102.1M to reach $107.2M today.

Fidelity has trimmed its DKNG position for two straight quarters, cutting it by $788.4M while still holding $128.1M.

DKNG is up 3.3% today, and institutions have been net buyers of $2.0B this quarter — today's price move and the underlying institutional flow are pointing the same direction.

DKNG reported a net loss of $166.9M over the trailing twelve months.

• Not yet profitable — net loss of $166.9M over the trailing twelve months
• Revenue grew 15.0% year over year
• Net income improved year over year, from -$304.5M to -$166.9M
• Generated $662.9M in positive operating cash flow
• Current ratio of 1.03x — below the conventional 1.5x liquidity buffer
• Liabilities run 6.18x equity — a highly leveraged balance sheet worth noting