Catherine Wood's DKNG Position Overview
Catherine Wood (via Ark Investment Management LLC) currently holds 3.44 M shares of DraftKings Inc. (DKNG) worth $128.62 M, representing 0.77% of the portfolio. First purchased in 2022-Q2, this medium-term investment has been held for 14 quarters.
Based on 13F filings, Catherine Wood has maintained a strategic position in DKNG, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2022, adding 324,690 shares. Largest reduction occurred in Q2 2023, reducing 5.87 M shares.
Analysis based on 13F filings available since 2013 Q2
Catherine Wood's DraftKings (DKNG) Holding Value Over Time
Track share changes against reported price movement
Quarterly DraftKings (DKNG) Trades by Catherine Wood
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2022 | +25.28 M | New Buy | 25.28 M | $13.55 |
| Q3 2022 | -568,419 | Reduce 2.25% | 24.71 M | $15.14 |
| Q4 2022 | +324,690 | Add 1.31% | 25.03 M | $11.39 |
| Q1 2023 | -1.1 M | Reduce 4.40% | 23.93 M | $19.36 |
| Q2 2023 | -5.87 M | Reduce 24.53% | 18.06 M | $26.57 |
| Q3 2023 | -3.43 M | Reduce 19.01% | 14.63 M | $29.44 |
| Q4 2023 | -2.31 M | Reduce 15.80% | 12.32 M | $35.25 |
| Q1 2024 | -3.6 M | Reduce 29.25% | 8.71 M | $45.41 |
| Q2 2024 | -2.53 M | Reduce 29.00% | 6.19 M | $38.17 |
| Q3 2024 | -162,541 | Reduce 2.63% | 6.02 M | $39.20 |
| Q4 2024 | -490,565 | Reduce 8.14% | 5.53 M | $37.20 |
| Q1 2025 | -704,035 | Reduce 12.72% | 4.83 M | $33.21 |
| Q2 2025 | -359,652 | Reduce 7.45% | 4.47 M | $42.89 |
| Q3 2025 | -1.03 M | Reduce 23.08% | 3.44 M | $37.40 |
Catherine Wood's DraftKings Investment FAQs
Catherine Wood first purchased DraftKings Inc. (DKNG) in Q2 2022, acquiring 25,275,813 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Catherine Wood has held DraftKings Inc. (DKNG) for 14 quarters since Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Catherine Wood's largest addition to DraftKings Inc. (DKNG) was in Q2 2022, adding 25,275,813 shares worth $342.49 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Catherine Wood's firm, Ark Investment Management LLC, owns 3,438,916 shares of DraftKings Inc. (DKNG), valued at approximately $128.62 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, DraftKings Inc. (DKNG) represents approximately 0.77% of Catherine Wood's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Catherine Wood's peak holding in DraftKings Inc. (DKNG) was 25,275,813 shares, as reported at the end of Q2 2022. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.