DraftKings: FMR LLC reports 1.9% stake (9.35M sh)

DRAFTKINGS INC reports an amended Schedule 13G/A stating 9,352,688.23 shares of Class A common stock are beneficially owned, representing 1.9% of the class as listed on the cover.

Rhea-AI Filing Summary

DRAFTKINGS INC reports an amended Schedule 13G/A stating 9,352,688.23 shares of Class A common stock are beneficially owned, representing 1.9% of the class as listed on the cover.

The filing names FMR LLC as the reporting person, shows sole dispositive power for 9,352,688.23 shares and references a power of attorney executed April 13, 2026. Address and CUSIP 26142V105 are included.

Insights

Institutional Ownership Specialist

FMR LLC holds a small, disclosed passive stake in DraftKings (1.9%).

FMR LLC's Schedule 13G/A amendment reports 9,352,688.23 shares beneficially owned as of 03/31/2026, equivalent to 1.9% of Class A common stock. The filing indicates sole dispositive power and no shared voting power.

Such holdings via an institutional investor are routine and signal passive ownership; subsequent 13D/13G updates would show changes.

Securities Compliance Counsel

Amendment formalizes ownership and delegates signature authority via a power of attorney.

The amendment cites a power of attorney effective 04/13/2026 and attaches Exhibit 99 for a 13d-1(k)(1) agreement. The filing follows Schedule 13G/A disclosure norms for institutional holders below 5%.

Compliance considerations center on timely amendments and accurate voting/dispositive power disclosure; filings show sole dispositive power.

Key Figures

Beneficial ownership: 9,352,688.23 shares Percent of class: 1.9% Sole dispositive power: 9,352,688.23 shares

3 metrics

Beneficial ownership 9,352,688.23 shares Class A common stock, DRAFTKINGS INC, listed on cover

Percent of class 1.9% Percent of Class A common stock reported on Schedule 13G/A

Sole dispositive power 9,352,688.23 shares Amount with sole power to dispose as stated in Item 4

Key Terms

Schedule 13G/A, beneficially owned, 13d-1(k)(1) agreement, power of attorney

4 terms

Schedule 13G/A regulatory

"Amendment No. 1 ) DRAFTKINGS INC CLASS A COMMON STOCK"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

beneficially owned financial

"Amount beneficially owned: 9352688.23"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

13d-1(k)(1) agreement regulatory

"Please see Exhibit 99 for 13d-1(k) (1) agreement."

power of attorney legal

"Duly authorized under Power of Attorney effective as of April 13, 2026"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What stake does FMR LLC report in DraftKings (DKNG)?

FMR LLC reports beneficial ownership of 9,352,688.23 shares, representing 1.9% of DraftKings Class A common stock. The figure appears on the amended Schedule 13G/A cover with CUSIP 26142V105 and date 03/31/2026.

Who is the reporting person on the Schedule 13G/A for DKNG?

The reporting person is FMR LLC, with an address at 245 Summer Street, Boston, Massachusetts. The filing also references Abigail P. Johnson in the cover-page ownership breakdown.

Does the filing show voting or dispositive power for FMR LLC?

The filing shows sole dispositive power for 9,352,688.23 shares and reports 0.00 shared voting power. Sole voting power is listed on the cover-page figures provided in the schedule.

Is this disclosure an initial filing or an amendment for DKNG?

This document is labeled Amendment No. 1 to a Schedule 13G/A, indicating it updates a prior 13G/A filing and incorporates a power of attorney reference in Exhibit 24.

Does the Schedule 13G/A indicate control by another party for DKNG shares?

The filing states one or more other persons may have rights to dividends or sale proceeds, but no other single person's interest exceeds 5% of DraftKings Class A common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/06/2026 - 11:13 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

DRAFTKINGS INC

(Name of Issuer)

CLASS A COMMON STOCK

(Title of Class of Securities)

26142V105

(CUSIP Number)

03/31/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 26142V105

1

Names of Reporting Persons

FMR LLC

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 7,758,128.03
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,352,688.23
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,352,688.23

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)

1.9 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP Number(s): 26142V105

1

Names of Reporting Persons

Abigail P. Johnson

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

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 9,352,688.23
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,352,688.23

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)

1.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DRAFTKINGS INC
(b)	Address of issuer's principal executive offices: 222 BERKELEY STREET,Boston,MA,US,02116
Item 2.
(a)	Name of person filing: FMR LLC
(b)	Address or principal business office or, if none, residence: 245 Summer Street, Boston, Massachusetts 02210
(c)	Citizenship: Not applicable
(d)	Title of class of securities: CLASS A COMMON STOCK
(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: 9352688.23
(b)	Percent of class: 1.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page.
	(ii) Shared power to vote or to direct the vote: 0.00
	(iii) Sole power to dispose or to direct the disposition of: 9352688.23
	(iv) Shared power to dispose or to direct the disposition of: 0.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the CLASS A COMMON STOCK of DRAFTKINGS INC. No one other person's interest in the CLASS A COMMON STOCK of DRAFTKINGS INC is more than five percent of the total outstanding CLASS A COMMON STOCK.
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. See attached Exhibit 99.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	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.

FMR LLC

Signature:	Richard Bourgelas
Name/Title:	Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of FMR LLC and its direct and indirect subsidiaries*
Date:	05/05/2026

Abigail P. Johnson

Signature:	Richard Bourgelas
Name/Title:	Duly authorized under Power of Attorney effective as of April 13, 2026, by and on behalf of Abigail P. Johnson*
Date:	05/05/2026

Comments accompanying signature: *This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on April 29,2026, accession number: 0000315066-26-000738.

Exhibit Information

Please see Exhibit 99 for 13d-1(k) (1) agreement.