Top Funds Forgo FanDuel And DraftKings To Place Their Bets Here
Top mutual funds avoided DraftKings and Flutter in their latest purchases, instead adding shares of Super Group. The move reflects confidence in the online betting platform’s growth prospects. The article appears in IBD’s monthly list of new buys.
- ▪In the May 2026 mutual‑fund buy list, none of the leading funds purchased shares of DraftKings (DKNG) or its competitor Flutter (FLUT).
- ▪Instead, several top managers increased positions in Super Group (SGHC), an online sports betting and casino operator.
- ▪Super Group’s inclusion on the IBD Live ready list highlights its perceived upside among analysts.
- ▪The article was written by Matthew Galgani for IBD Stock Analysis on May 29, 2026.
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| Original publisher | Investor's Business Daily |
| Canonical URL | https://www.investors.com/research/ibd-stock-analysis/sports-betting-online-casino-super-group-best-mutual-funds/?src=A00220&yptr=yahoo |
| Publication time | 2026-05-29T15:02:14Z |
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IBD Stock Analysis Top Funds Forgo FanDuel And DraftKings To Place Their Bets Here Licensing MATTHEW GALGANI Updated 04:03 PM ET 05/29/2026 In the latest monthly list of new buys by the best mutual funds, top money managers did not put their chips on DraftKings (DKNG) or FanDuel parent Flutter (FLUT). But these savvy investors did scoop up shares of online betting platform Super Group (SGHC). The sports betting and online casino operator earns a spot in the IBD Live ready list……
Excerpt limited to ~120 words for fair-use compliance. The full article is at Investor's Business Daily.
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