SPRUCE HOUSE INVESTMENT MANAGEMENT LLC: DRAFTKINGS INC NEW (DKNG): Quarterly 13F Position History
As of Q1 2026, SPRUCE HOUSE INVESTMENT MANAGEMENT LLC reported 9,650,000 shares of DRAFTKINGS INC NEW (DKNG), worth $208.6M and representing 7.4% of its 13F equity book. Quarter-over-quarter share count change: + 5,446,166 (+129.6%) . The position first appeared in Q4 2024 and has been disclosed across 6 13F-HR filings in Pactolio's tracked window.
- 9,650,000Shares Held (Latest Filing)
- $208.6MReported Market Value (Latest Filing)
- 7.4%Portfolio Weight (% of 13F Equity Book)
- +5,446,166Quarter-over-Quarter Share Change
- +$63.8MQuarter-over-Quarter Value Change
- 9,650,000Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 6 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 9,650,000 | +5,446,166 | +129.6% | $208.6M | 7.4% | $21.6 |
| Q4 2025 | 4,203,834 | +3,903,834 | +1301.3% | $144.9M | 4.2% | $34.5 |
| Q3 2025 | 300,000 | 0 | — | $11.2M | 0.3% | $37.4 |
| Q2 2025 | 300,000 | 0 | — | $12.9M | 0.5% | $42.9 |
| Q1 2025 | 300,000 | 0 | — | $10.0M | 0.5% | $33.2 |
| Q4 2024 | 300,000 | — | — | $11.2M | 0.4% | $37.2 |
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 SPRUCE HOUSE INVESTMENT MANAGEMENT LLC first disclose a DKNG position in 13F-HR filings?
SPRUCE HOUSE INVESTMENT MANAGEMENT LLC first reported DRAFTKINGS INC NEW (DKNG) on its 13F-HR filing for the period ending 2024-12-31 (Q4 2024). The position has appeared on 6 reported quarters within Pactolio's tracked window.
What was SPRUCE HOUSE INVESTMENT MANAGEMENT LLC's most recent quarter-over-quarter share-count change in DKNG?
Between Q4 2025 and Q1 2026, SPRUCE HOUSE INVESTMENT MANAGEMENT LLC added 5,446,166 shares of DKNG (+129.6%), bringing the total reported position to 9,650,000 shares at a market value of $208.6M.
Does the implied price-per-share represent SPRUCE HOUSE INVESTMENT MANAGEMENT LLC'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.