Duolingo, Inc.
US ˙ NasdaqGS ˙ US26603R1068

SecurityDUOL / Duolingo, Inc.
InstitutionTrexquant Investment LP
Latest Disclosed Ownership126,504 shares
Latest Disclosed Value $ 12,469,499
Trexquant Investment LP reports 5.57% increase in ownership of DUOL / Duolingo, Inc.

On May 15, 2026 - Trexquant Investment LP filed a 13F-HR form disclosing ownership of 126,504 shares of Duolingo, Inc. (US:DUOL) valued at $12,469,499 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 119,824 shares of Duolingo, Inc.. This represents a change in shares of 5.57% during the quarter. The current value of the position is $13,792,731 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F DUOLINGO CL A COM 26603R106 126,504 6,680 5.57 12,469 -40.71 0.0896
2026-02-17 2025-12-31 13F DUOLINGO CL A COM 26603R106 119,824 105,122 715.02 21,029 344.49 0.1875
2025-11-14 2025-09-30 13F DUOLINGO CL A COM 26603R106 14,702 -33,394 -69.43 4,732 -76.01 0.0487
2025-08-12 2025-06-30 13F DUOLINGO CL A COM 26603R106 48,096 48,096 19,720 0.2224
2025-02-12 2024-12-31 13F DUOLINGO CL A COM 26603R106 0 -13,832 -100.00 0 -100.00
2024-11-12 2024-09-30 13F DUOLINGO CL A COM 26603R106 13,832 -838 -5.71 3,901 27.41 0.0494
2024-08-13 2024-06-30 13F DUOLINGO CL A COM 26603R106 14,670 -14,365 -49.47 3,061 -52.20 0.0467
2024-05-14 2024-03-31 13F DUOLINGO CL A COM 26603R106 29,035 -406 -1.38 6,405 -4.10 0.1277
2024-02-09 2023-12-31 13F DUOLINGO CL A COM 26603R106 29,441 18,285 163.90 6,679 260.97 0.1503
2023-11-13 2023-09-30 13F DUOLINGO CL A COM 26603R106 11,156 -26,231 -70.16 1,850 -65.38 0.0464
2023-08-11 2023-06-30 13F DUOLINGO CL A COM 26603R106 37,387 5,532 17.37 5,344 17.66 0.1401
2023-05-15 2023-03-31 13F DUOLINGO CL A COM 26603R106 31,855 17,312 119.04 4,542 339.26 0.1247
2023-02-13 2022-12-31 13F DUOLINGO CL A COM 26603R106 14,543 -9,178 -38.69 1,034 -54.23 0.0293
2022-11-14 2022-09-30 13F DUOLINGO CL A COM 26603R106 23,721 7,689 47.96 2,259 60.90 0.0794
2022-08-11 2022-06-30 13F DUOLINGO CL A COM 26603R106 16,032 16,032 1,404 0.0629
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.