VANGUARD GROUP INC, a registered investment adviser, initiated a new position in DraftKings Inc. (NASDAQ:DKNG) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 41,089,151 shares of the Consumer Cyclical company, valued at approximately $1.4B as of the filing date.
DraftKings Inc.'s stock currently trades at $29.04 with a market capitalization of $17.4B.
