| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BAILLIE GIFFORD & CO | 12% | +76% | $1,577,234,529 | +$667,124,435 | 4,900,679 | +73% | BAILLIE GIFFORD & CO | 31 Oct 2025 |
| Hacker Severin | 7.6% | $1,053,365,375 | 3,198,316 | Hacker Severin | 31 Mar 2025 | |||
| FMR LLC | 7% | -23% | $1,390,519,307 | -$400,119,097 | 2,761,323 | -22% | FMR LLC | 30 Jun 2025 |
| Capital World Investors | 6% | $809,767,582 | 2,343,620 | Capital World Investors | 30 Jun 2025 | |||
| Durable Capital Partners LP | 4.3% | -30% | $558,012,106 | -$205,847,373 | 1,694,283 | -27% | Durable Capital Partners LP | 31 Mar 2025 |
As of 30 Sep 2025, 537 institutional investors reported holding 39,049,850 shares of Duolingo, Inc. - Common Stock (DUOL). This represents 99% of the company’s total 39,521,605 outstanding shares.
The largest institutional shareholders of Duolingo, Inc. - Common Stock (DUOL) together control 73% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11% | 4,185,790 | -1.2% | 0.02% | $1,347,154,874 |
| VANGUARD GROUP INC | 9.2% | 3,645,361 | -0.07% | 0.02% | $1,173,222,985 |
| FMR LLC | 8% | 3,178,395 | +15% | 0.05% | $1,022,934,561 |
| BAILLIE GIFFORD & CO | 7.2% | 2,827,834 | +29% | 0.67% | $910,110,095 |
| Capital World Investors | 5.6% | 2,230,238 | -2.7% | 0.1% | $717,788,728 |
| Dragoneer Investment Group, LLC | 4% | 1,580,787 | +324% | 11% | $508,760,488 |
| T. Rowe Price Investment Management, Inc. | 3.2% | 1,283,950 | +56% | 0.25% | $413,227,000 |
| STATE STREET CORP | 2.9% | 1,153,858 | -0.9% | 0.01% | $371,357,659 |
| Durable Capital Partners LP | 2.2% | 874,919 | -18% | 2.1% | $281,583,931 |
| Whale Rock Capital Management LLC | 2.2% | 868,169 | +78% | 3.3% | $279,411,511 |
| GEODE CAPITAL MANAGEMENT, LLC | 2% | 792,111 | +4.2% | 0.02% | $255,376,326 |
| AQR CAPITAL MANAGEMENT LLC | 1.9% | 740,869 | +78% | 0.15% | $238,441,375 |
| Invesco Ltd. | 1.9% | 737,314 | -5.2% | 0.04% | $237,297,082 |
| GILDER GAGNON HOWE & CO LLC | 1.4% | 572,528 | -3.4% | 1.9% | $184,262,569 |
| RENAISSANCE TECHNOLOGIES LLC | 1.4% | 541,500 | -35% | 0.23% | $174,276,360 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1.3% | 527,505 | -61% | 0.02% | $169,774,000 |
| Foxhaven Asset Management, LP | 1.3% | 499,917 | +17% | 4% | $160,893,287 |
| Balyasny Asset Management L.P. | 1.1% | 415,268 | 0.27% | $133,649,853 | |
| MORGAN STANLEY | 1% | 398,453 | +39% | 0.01% | $128,239,164 |
| UBS Group AG | 0.9% | 355,273 | +109% | 0.02% | $114,341,063 |
| TWO SIGMA ADVISERS, LP | 0.82% | 324,300 | -57% | 0.21% | $104,372,712 |
| NORTHERN TRUST CORP | 0.8% | 314,733 | +2.6% | 0.01% | $101,293,668 |
| Capital International Investors | 0.77% | 305,916 | 0.02% | $98,456,005 | |
| ALLIANCEBERNSTEIN L.P. | 0.75% | 297,191 | +19% | 0.03% | $95,647,951 |
| CARNEGIE MELLON UNIVERSITY | 0.75% | 294,814 | 0% | 72% | $94,882,938 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 329,964 | $57,945,559 | -$6,816,242 | $175.50 | 26 |
| 2025 Q3 | 39,049,850 | $12,565,697,894 | +$76,080,118 | $321.84 | 537 |
| 2025 Q2 | 38,493,072 | $15,775,964,616 | +$929,250,940 | $410.02 | 581 |
| 2025 Q1 | 36,384,389 | $11,299,287,463 | +$24,925,909 | $310.54 | 464 |
| 2024 Q4 | 36,185,551 | $11,731,380,245 | +$88,150,254 | $324.23 | 449 |
| 2024 Q3 | 35,720,023 | $10,074,715,804 | +$65,365,200 | $282.02 | 389 |
| 2024 Q2 | 35,388,429 | $7,383,563,820 | +$479,707,960 | $208.67 | 354 |
| 2024 Q1 | 33,027,099 | $7,284,820,946 | +$124,568,026 | $220.58 | 328 |
| 2023 Q4 | 204,107 | $46,302,283 | -$10,699,904 | $226.85 | 4 |
| 2023 Q3 | 31,806,965 | $5,274,854,137 | -$20,178,180 | $165.87 | 241 |
| 2023 Q2 | 31,953,795 | $4,567,290,060 | +$389,989,859 | $142.94 | 230 |
| 2023 Q1 | 29,207,709 | $4,164,495,126 | +$519,300,860 | $142.59 | 189 |
| 2022 Q4 | 26,200,165 | $1,863,595,789 | +$19,816,129 | $71.13 | 147 |
| 2022 Q3 | 24,636,463 | $2,346,108,441 | -$101,830,670 | $95.23 | 149 |
| 2022 Q2 | 25,442,390 | $2,227,556,102 | +$930,563,562 | $87.55 | 137 |
| 2022 Q1 | 16,307,597 | $1,551,041,107 | +$86,590,260 | $95.11 | 99 |
| 2021 Q4 | 13,965,070 | $1,480,543,106 | +$220,297,534 | $106.11 | 91 |
| 2021 Q3 | 11,430,739 | $1,898,723,000 | +$1,898,661,934 | $166.36 | 67 |