CADIAN CAPITAL MANAGEMENT, LP: DRAFTKINGS INC NEW (DKNG): Quarterly 13F Position History
As of Q1 2026, CADIAN CAPITAL MANAGEMENT, LP reported 3,662,983 shares of DRAFTKINGS INC NEW (DKNG), worth $79.2M and representing 9.6% of its 13F equity book. Quarter-over-quarter share count change: 1,861,238 (-33.7%) . The position first appeared in Q2 2025 and has been disclosed across 4 13F-HR filings in Pactolio's tracked window.
- 3,662,983Shares Held (Latest Filing)
- $79.2MReported Market Value (Latest Filing)
- 9.6%Portfolio Weight (% of 13F Equity Book)
- 1,861,238Quarter-over-Quarter Share Change
- -$111.2MQuarter-over-Quarter Value Change
- 5,524,221Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 4 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 3,662,983 | 1,861,238 | -33.7% | $79.2M | 9.6% | $21.6 |
| Q4 2025 | 5,524,221 | +4,135,461 | +297.8% | $190.4M | 13.8% | $34.5 |
| Q3 2025 | 1,388,760 | +1,218,760 | +716.9% | $51.9M | 3.1% | $37.4 |
| Q2 2025 | 170,000 | — | — | $7.3M | 0.4% | $42.9 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did CADIAN CAPITAL MANAGEMENT, LP first disclose a DKNG position in 13F-HR filings?
CADIAN CAPITAL MANAGEMENT, LP first reported DRAFTKINGS INC NEW (DKNG) on its 13F-HR filing for the period ending 2025-06-30 (Q2 2025). The position has appeared on 4 reported quarters within Pactolio's tracked window.
What was CADIAN CAPITAL MANAGEMENT, LP's most recent quarter-over-quarter share-count change in DKNG?
Between Q4 2025 and Q1 2026, CADIAN CAPITAL MANAGEMENT, LP reduced its DKNG position by 1,861,238 shares (-33.7%), leaving 3,662,983 shares at a market value of $79.2M.
Does the implied price-per-share represent CADIAN CAPITAL MANAGEMENT, LP's cost basis in DKNG?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.