L3VLUP
Quarter end
30 Sep 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 31 Oct 2025
Managers listing it
23
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q2 2025 and Q3 2025; 17 listed it in both
Shares listed
15,203,408
combined, among listed positions
Reported value
$4.9bn
combined, at the quarter end

Among the 95 comparable managers: 17 buyers (opened or added shares) and 9 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing DUOL in Q3 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q2 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

23 of 23 holders

ActionFiling
Fidelity (FMR LLC)3,178,395$1.0bn0.05%Added+417,07313 Nov 2025 (the filing on sec.gov)
Baillie Gifford & Co2,827,834$910m0.67%Added+628,94331 Oct 2025 (the filing on sec.gov)
Capital World Investors2,230,238$718m0.10%Trimmed-62,51413 Nov 2025 (the filing on sec.gov)
Dragoneer Investment Group LLC1,580,787$509m11.23%Added+1,208,34614 Nov 2025 (the filing on sec.gov)
Durable Capital Partners LP874,919$282m2.09%Trimmed-198,43714 Nov 2025 (the filing on sec.gov)
Whale Rock Capital Management LLC868,169$279m3.29%Added+379,39014 Nov 2025 (the filing on sec.gov)
AQR Capital Management LLC740,869$238m0.15%Added+325,64814 Nov 2025 (the filing on sec.gov)
Renaissance Technologies LLC541,500$174m0.23%Trimmed-292,30013 Nov 2025 (the filing on sec.gov)
Balyasny Asset Management LLC415,268$134m0.17%Newnew14 Nov 2025 (the filing on sec.gov)
Two Sigma Advisers LP324,300$104m0.21%Trimmed-423,30014 Nov 2025 (the filing on sec.gov)
AllianceBernstein LP297,191$96munder 0.1%Added+46,72414 Nov 2025 (the filing on sec.gov)
Artisan Partners LP256,262$82m0.12%Added+129,93112 Nov 2025 (the filing on sec.gov)
Two Sigma Investments LP251,794$81m0.12%Trimmed-321,04714 Nov 2025 (the filing on sec.gov)
Man Group PLC231,068$74m0.13%Added+19,72414 Nov 2025 (the filing on sec.gov)
Squarepoint Ops LLC176,110$57m0.06%Trimmed-38,45514 Nov 2025 (the filing on sec.gov)
Acadian Asset Management LLC76,859$25munder 0.1%Added+27,82913 Nov 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC68,201$22m0.12%Addedn.a.14 Nov 2025 (the filing on sec.gov)
Holocene Advisors LP62,569$20munder 0.1%Newnew14 Nov 2025 (the filing on sec.gov)
Walleye Capital LLC60,651$20m0.07%Added+17,96814 Nov 2025 (the filing on sec.gov)
Freestone Grove Partners LP53,583$17m0.13%Newnew14 Nov 2025 (the filing on sec.gov)
Bridgewater Associates LP50,576$16m0.06%Newnew13 Nov 2025 (the filing on sec.gov)
Quantbot Technologies LP33,131$11m0.29%Added+5,33412 Nov 2025 (the filing on sec.gov)
Maverick Capital Ltd3,134$1.0munder 0.1%Newnew14 Nov 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q2 2025 to Q3 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
17 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

010203020222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
DUOL by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20219$509mn.a.n.a.
Q4 20215$465mn.a.n.a.
Q1 20225$517mn.a.n.a.
Q2 20226$585mn.a.n.a.
Q3 20226$673mn.a.n.a.
Q4 20223$531mn.a.n.a.
Q1 202315$1.6bnn.a.n.a.
Q2 202316$1.9bnn.a.n.a.
Q3 202315$2.1bnn.a.n.a.
Q4 202316$2.7bn107
Q1 202418$2.7bn612
Q2 202415$2.7bn512
Q3 202417$4.3bn116
Q4 202420$4.9bn1110
Q1 202524$4.9bn169
Q2 202528$6.3bn2010
Q3 202523$4.9bn179
Q4 202510$1.9bn1423
Q1 202611$785m1820
Q2 20268$1.1bn1516

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

DUOL and GOOGL →DUOL and AMZN →DUOL and MSFT →Choose a stock to compare with DUOL →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own DUOL, latest filings →Back to the 13F Explorer →