FMR (NASDAQ: DKNG) discloses 26.6M DraftKings Class A shares
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson have disclosed a significant ownership position in DraftKings Inc. Class A common stock. As of 12/31/2025, they report beneficial ownership of 26,590,348.85 shares, representing 5.3% of the outstanding Class A shares.
FMR LLC reports 24,862,413.51 shares with sole voting power and 26,590,348.85 shares with sole dispositive power. Abigail P. Johnson reports sole dispositive power over the same 26,590,348.85 shares and no voting power. The filing states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of DraftKings.
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FAQ
What stake does FMR LLC report in DraftKings (DKNG) Class A shares?
FMR LLC reports beneficial ownership of 26,590,348.85 DraftKings Class A shares, representing 5.3% of the class as of 12/31/2025. This Schedule 13G filing reflects a sizable institutional position held in the ordinary course of business.
Who are the reporting persons in the DraftKings (DKNG) Schedule 13G filing?
The Schedule 13G names FMR LLC and Abigail P. Johnson as reporting persons for DraftKings Class A common stock. FMR LLC is organized in Delaware, while Abigail P. Johnson is a United States citizen, both reporting on the same block of shares.
What voting and dispositive power does FMR LLC report over DraftKings (DKNG) shares?
FMR LLC reports sole voting power over 24,862,413.51 shares and sole dispositive power over 26,590,348.85 shares of DraftKings Class A stock. It reports no shared voting or shared dispositive power over any of these securities.
What ownership does Abigail P. Johnson report in DraftKings (DKNG) stock?
Abigail P. Johnson reports sole dispositive power over 26,590,348.85 DraftKings Class A shares, equal to 5.3% of the class, and no voting power. Her reported aggregate beneficial ownership matches the amount reported by FMR LLC.
Is FMR LLC’s DraftKings (DKNG) stake intended to influence control of the company?
The certification states the DraftKings Class A shares 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, except for activities related to specified nomination rules.
Do other investors share in the economic interest of FMR’s DraftKings (DKNG) holdings?
The filing notes that one or more other persons have rights to receive dividends or sale proceeds from the DraftKings shares. However, no other individual person’s interest relates to more than 5% of the outstanding Class A common stock.