Ray Dalio acquired 70.4 Thousand Duolingo shares worth $28 Million. That's 0.12% of their equity portfolio (145th largest holding). The first Duolingo trade was made in Q1 2022. Since then Ray Dalio bought shares seven more times and sold shares on five occasions. The stake costed the investor $14.2 Million, netting the investor a gain of 97% so far.