Duolingo (DUOL) 13F Ownership Report (Q2 2026)

DUOL ranks #1393 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

DUOL is a disclosed holding of Baillie Gifford (Baillie Gifford & Co.), one of the tracked superinvestors on AlphaSMO — it makes up 0.5% of that fund's own 13F portfolio.

DUOL is a top-conviction position for Carnegie Mellon University — at 43.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in DUOL belongs to Baillie Gifford & Co, but the position matters far more to Carnegie Mellon University, who has 43.0% 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.

Two Sigma Investments, LP has added to its DUOL position for two straight quarters, increasing it by $145.4M to reach $188.6M today.

Ken Griffin has trimmed its DUOL position for two straight quarters, cutting it by $108.8M while still holding $181.8M.

DUOL is down 0.6% today, but institutions show net buying of $701.1M this quarter — a divergence between today's price move and the underlying institutional flow.

DUOL posted net income of $410.8M over the trailing twelve months.

• Profitable — net income of $410.8M over the trailing twelve months
• Revenue grew 29.4% year over year
• Net income improved year over year, from $117.2M to $410.8M
• Generated $387.8M in positive operating cash flow
• Current ratio of 2.61x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.48x equity — within a conventional range