JPMorgan Chase & Co. has filed a Schedule 13G reporting beneficial ownership of 26,628,886 shares of DraftKings Inc. Class A common stock as of 12/31/2025. This stake represents 5.1% of the class, crossing the 5% threshold that triggers this type of ownership disclosure.
JPMorgan reports sole power to vote and dispose of all 26,628,886 shares, with no shared voting or dispositive power. The filing classifies JPMorgan as a parent holding company and lists subsidiaries including J.P. Morgan Structured Products B.V., J.P. MORGAN SE, J.P. Morgan Securities PLC, and J.P. Morgan Securities LLC as involved entities. JPMorgan certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of DraftKings.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
DRAFTKINGS INC.
(Name of Issuer)
Class A Common Stock, $0.0001 par value
(Title of Class of Securities)
26142V105
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
26142V105
1
Names of Reporting Persons
JPMORGAN CHASE & CO.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
26,628,886.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
26,628,886.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
26,628,886.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
DRAFTKINGS INC.
(b)
Address of issuer's principal executive offices:
222 Berkeley Street 5th Floor Boston MA 02116
Item 2.
(a)
Name of person filing:
JPMORGAN CHASE & CO.
(b)
Address or principal business office or, if none, residence:
270 Park Avenue,,New York, NY 10017
(c)
Citizenship:
DE
(d)
Title of class of securities:
Class A Common Stock, $0.0001 par value
(e)
CUSIP No.:
26142V105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
26628886
(b)
Percent of class:
5.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
26628886
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
26628886
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
J.P. Morgan Structured Products B.V.;
J.P. MORGAN SE;
J.P. Morgan Securities PLC;
J.P. Morgan Securities LLC
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What stake does JPMorgan Chase & Co. report in DraftKings Inc. (AMJB)?
JPMorgan Chase & Co. reports beneficial ownership of 26,628,886 shares of DraftKings Inc. Class A common stock, representing 5.1% of the class as of 12/31/2025.
What type of securities are covered in this DraftKings Schedule 13G?
The filing covers DraftKings Inc. Class A Common Stock, with a par value of $0.0001 per share and CUSIP 26142V105.
Does JPMorgan share voting or dispositive power over the DraftKings shares?
No. JPMorgan reports sole voting power and sole dispositive power over all 26,628,886 shares, with zero shared voting or shared dispositive power.
How does JPMorgan describe the purpose of its DraftKings share holdings?
JPMorgan certifies the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of DraftKings.
Which JPMorgan-related entities are identified in connection with the DraftKings position?
The filing lists J.P. Morgan Structured Products B.V., J.P. MORGAN SE, J.P. Morgan Securities PLC, and J.P. Morgan Securities LLC as relevant subsidiaries.
What is JPMorgan’s reporting status in this Schedule 13G for DraftKings?
JPMorgan Chase & Co. reports as a parent holding company or control person, with the reporting person type indicated as HC.
