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Bamco Inc. NY Boosts Duolingo Holdings by 226%
Investment firm increases stake in language learning app to over $78 million
Mar. 15, 2026 at 8:35am
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Bamco Inc. NY, an investment management firm, grew its holdings in Duolingo, Inc. (NASDAQ:DUOL) by 226.4% in the third quarter, according to a recent SEC filing. The fund now owns 243,708 shares of the company's stock, valued at over $78 million.
Why it matters
Duolingo has seen significant investor interest as its language learning app has gained popularity, with the company going public in 2021. This latest move by Bamco Inc. NY suggests continued confidence in Duolingo's growth potential among institutional investors.
The details
According to the filing, Bamco Inc. NY added 169,049 shares of Duolingo during the third quarter, bringing its total stake to 243,708 shares worth $78,435,000. This represents a 226.4% increase in the firm's holdings of the language learning app company.
- Bamco Inc. NY increased its Duolingo holdings in the third quarter of 2022.
The players
Bamco Inc. NY
An investment management firm that has significantly increased its stake in Duolingo, Inc.
Duolingo, Inc.
A technology-driven education company that operates a popular language-learning platform.
The takeaway
Duolingo's continued growth and investor interest highlights the company's success in the language learning market, as it attracts increased attention from major institutional investors like Bamco Inc. NY.
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