DUOLINGO INC

Ticker: DUOL CUSIP: 26603R106 Class: EQTY

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BAILLIE GIFFORD & CO4,861,445$853,184
BlackRock, Inc.3,898,862$684,250
VANGUARD GROUP INC3,621,788$635,624
FMR LLC2,640,486$463,405
Capital World Investors2,241,378$393,362
Dragoneer Investment Group, LLC1,159,887$203,560
STATE STREET CORP1,157,219$203,092
Whale Rock Capital Management LLC876,646$153,851
GEODE CAPITAL MANAGEMENT, LLC811,809$142,501
AQR CAPITAL MANAGEMENT LLC774,710$135,962
Invesco Ltd.668,648$117,348
Foxhaven Asset Management, LP571,840$100,358
STATE OF MICHIGAN RETIREMENT SYSTEM560,500$98,368
GILDER GAGNON HOWE & CO LLC506,131$88,826
FIL Ltd497,546$87,319
NORGES BANK490,935$86,159
T. Rowe Price Investment Management, Inc.485,547$85
MORGAN STANLEY413,487$72,567
CITADEL ADVISORS LLC319,143$56,010
RENAISSANCE TECHNOLOGIES LLC315,554$55,380
UBS Group AG311,621$54,689
NORTHERN TRUST CORP309,316$54,285
Capital International Investors308,605$54,160
CHARLES SCHWAB INVESTMENT MANAGEMENT INC297,276$52,172
CARNEGIE MELLON UNIVERSITY294,814$51,740
Spyglass Capital Management LLC286,873$50,346
MILLENNIUM MANAGEMENT LLC267,882$47,013
PRICE T ROWE ASSOCIATES INC /MD/247,130$43
Bank of New York Mellon Corp243,401$42,717
Altshuler Shaham Ltd243,330$42,704
BANK OF AMERICA CORP /DE/217,986$38,257
GOLDMAN SACHS GROUP INC208,678$36,623
DIMENSIONAL FUND ADVISORS LP186,630$32,756
ThornTree Capital Partners LP184,867$32,444
CITIGROUP INC183,589$32,220
TWO SIGMA INVESTMENTS, LP182,386$32,009
BIT Capital GmbH178,910$31,399
JPMORGAN CHASE & CO154,717$27,153
PEREGRINE CAPITAL MANAGEMENT LLC129,515$22,730
Squarepoint Ops LLC128,801$22,605
Quinn Opportunity Partners LLC127,499$22,376
FIRST TRUST ADVISORS LP121,829$21,381
CAPITAL FUND MANAGEMENT S.A.121,002$21,236
RHUMBLINE ADVISERS120,925$21,222
Trexquant Investment LP119,824$21,029
Durable Capital Partners LP119,181$20,916
AMERICAN CENTURY COMPANIES INC112,682$19,776
Qube Research & Technologies Ltd112,279$19,705
TWO SIGMA ADVISERS, LP106,080$18,617
Dream Peak Capital Ltd104,532$18,345
SUSQUEHANNA INTERNATIONAL GROUP, LLP96,224$16,887
FEDERATED HERMES, INC.88,218$15,482
Jasper Ridge Partners, L.P.87,108$15,287
UBS ASSET MANAGEMENT AMERICAS INC86,990$15,267
PRINCIPAL FINANCIAL GROUP INC85,698$15,040
Walleye Capital LLC79,786$14,002
SG Americas Securities, LLC77,904$14
Mitsubishi UFJ Trust & Banking Corp77,674$13,632
Arthedge Capital Management, LLC74,800$13,127
Nuveen, LLC73,800$12,952
Swiss National Bank70,460$12,366
MARSHALL WACE, LLP67,802$11,899
CANADA PENSION PLAN INVESTMENT BOARD65,664$11,524
CI INVESTMENTS INC.64,996$11,407
DEUTSCHE BANK AG\64,769$11,367
LOS ANGELES CAPITAL MANAGEMENT LLC62,590$16,450
NATIXIS61,856$10,856
CONGRESS ASSET MANAGEMENT CO /MA61,711$10,830
Alyeska Investment Group, L.P.61,441$10,783
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY61,314$11
Clearbridge Investments, LLC57,576$10,105
Universal- Beteiligungs- und Servicegesellschaft mbH57,484$10,091
Legal & General Group Plc57,245$10,047
Bienville Capital Management, LLC56,500$9,916
Cerity Partners LLC54,336$9,536
TD Asset Management Inc53,730$9,430
BARCLAYS PLC52,160$9,154
Jump Financial, LLC50,226$8,815
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM50,004$8,776
BROWN CAPITAL MANAGEMENT LLC49,876$8,753
ALLIANCEBERNSTEIN L.P.48,972$8,595
FRANKLIN RESOURCES INC48,043$8,432
Retirement Systems of Alabama48,023$8,428
Pacer Advisors, Inc.46,213$8,110
TORONTO DOMINION BANK45,867$8,050
JANUS HENDERSON GROUP PLC45,180$7,929
SQUARE PEG CAPITAL PTY LTD41,924$7,358
ALGERT GLOBAL LLC40,574$7
SANDS CAPITAL MANAGEMENT, LLC39,975$7,016
D. E. Shaw & Co., Inc.37,335$6,552
BNP PARIBAS ARBITRAGE, SA36,647$6,432
Walleye Trading LLC36,445$6,396
NEW YORK STATE TEACHERS RETIREMENT SYSTEM36,285$6
WORLDQUANT MILLENNIUM ADVISORS LLC35,805$6,284
AMERIPRISE FINANCIAL INC35,557$6,240
BALYASNY ASSET MANAGEMENT L.P.35,392$6,211
Private Advisor Group, LLC35,287$6,193
Y-Intercept (Hong Kong) Ltd34,112$5,987
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM34,020$5,971
Lingotto Investment Management LLP33,563$5,890
367 other institutions2,070,516$321,607
Total (467 institutions)37,481,398$6,375,376