Youdao, Inc.
Hedge Funds Holdings

Last updated:

Youdao, Inc.‘s stocks are currently a part of 24 hedge funds’ portfolios, which represents 3.79% of the total amount of its stocks outstanding. This makes up a total of 4.68M shares of Youdao, Inc.. Compared to the previous quarter, the number fell by -78.34% or -16.95M shares fewer. As for the holding position changes, 29.17% (7) of current hedge fund investors increased the number of shares held, 25% (6) of current holders sold a part of the shares held, and 20.83% (5) closed the holdings completely. 6 hedge funds are new holders of Youdao, Inc. stock in Q1 2023, it is 25% of total holders.

Hedge funds holding Youdao (Q4 2019 – Q1 2023)

Number of hedge funds
Q4 2019 10
Q1 2020 13
Q2 2020 40
Q3 2020 41
Q4 2020 42
Q1 2021 51
Q2 2021 41
Q3 2021 39
Q4 2021 35
Q1 2022 35
Q2 2022 37
Q3 2022 23
Q4 2022 41
Q1 2023 24

Hedge funds changes in Youdao positions (Q4 2019 – Q1 2023)

Changes in positions
Q4 2019 100000
Q1 2020 7414-3
Q2 2020 29732-1
Q3 2020 1991017-14
Q4 2020 1761416-11
Q1 2021 2020610-5
Q2 2021 915619-8
Q3 2021 9141110-5
Q4 2021 814712-6
Q1 2022 1261311-7
Q2 2022 12121010-7
Q3 2022 38717-12
Q4 2022 1881014
Q1 2023 67650

Hedge funds changes in Youdao stock options (Q4 2019 – Q1 2023)

Changes in stock options
Q4 2019 0 0
Q1 2020 0 0
Q2 2020 0 0
Q3 2020 0 0
Q4 2020 732,000 424,000
Q1 2021 2,031,000 5,614,000
Q2 2021 1,542,000 3,990,000
Q3 2021 2,010,000 1,367,000
Q4 2021 1,411,000 12,000
Q1 2022 698,000 19,000
Q2 2022 473,000 212,000
Q3 2022 223,000 10,000
Q4 2022 1,037,650 6,994
Q1 2023 298,351,000 5,188,000

Top 50 hedge fund holders of Youdao, Inc. (NYSE:DAO)

Hedge fund Value Shares owned Portfolio share
ORBIS ALLAN GRAY LTD 59.68M 15.18M 0.489%
NETEASE, INC. 10.08M 2.56M 12.842%
CORONATION FUND MANAGERS LTD. 9.33M 2.37M 0.501%
VANGUARD GROUP INC 4.76M 1.21M 0.000%
BLACKROCK INC. Larry Fink 2.84M 722.75K 0.000%
TB ALTERNATIVE ASSETS LTD. 1.92M 489.05K 0.693%
STATE STREET CORP 1.38M 351.83K 0.000%
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 306K 77.91K 0.000%
JANE STREET GROUP, LLC 204K 51.97K 0.000%
NUVEEN ASSET MANAGEMENT, LLC 177K 45K 0.000%
MORGAN STANLEY 175K 44.28K 0.000%
SYMMETRY PEAK MANAGEMENT LLC 118K 30K 0.140%
RENAISSANCE TECHNOLOGIES LLC Jim Simons 117K 29.7K 0.000%
CITADEL ADVISORS LLC Ken Griffin 89K 22.6K 0.000%
VIRTU FINANCIAL LLC 74K 18.88K 0.007%
CITADEL ADVISORS LLC Ken Griffin 59K 14.96K 0.000%
NORTHERN TRUST CORP 49K 12.12K 0.000%
CREDIT SUISSE AG/ 23K 5.85K 0.000%
LEGAL & GENERAL GROUP PLC 19K 4.89K 0.000%
GROUP ONE TRADING, L.P. 17K 4.23K 0.000%
SIMPLEX TRADING, LLC 15K 3.9K 0.000%
SIMPLEX TRADING, LLC 9K 2.4K 0.000%
BOGART WEALTH, LLC 9K 2.3K 0.001%
COMPAGNIE LOMBARD ODIER SCMA 8K 2K 0.000%
BANK OF AMERICA CORP /DE/ 8K 2.15K 0.000%
ROYAL BANK OF CANADA 8K 2K 0.000%
SIMPLEX TRADING, LLC 4K 1.16K 0.000%
GROUP ONE TRADING, L.P. 1K 300 0.000%
GROUP ONE TRADING, L.P. 1K 200 0.000%
JPMORGAN CHASE & CO 0 0 0.000%
BARCLAYS PLC 0 0 0.000%
SCHONFELD STRATEGIC ADVISORS LLC 0 0 0.000%
D. E. SHAW & CO., INC. David E. Shaw 0 0 0.000%
CITADEL ADVISORS LLC Ken Griffin 0 0 0.000%
MILLENNIUM MANAGEMENT LLC Israel Englander 0 0 0.000%
MARSHALL WACE, LLP Paul Marshall 0 0 0.000%
HRT FINANCIAL LP 0 0 0.000%
OLD MISSION CAPITAL LLC 0 0 0.000%
INVESCO LTD. 0 0 0.000%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0 0 0.000%
SUSQUEHANNA INTERNATIONAL GROUP, LLP 0 0 0.000%
LEGACY WEALTH ASSET MANAGEMENT, LLC 0 0 0.000%
GOLDMAN SACHS GROUP INC 0 0 0.000%
ENVESTNET ASSET MANAGEMENT INC 0 0 0.000%
TOWER RESEARCH CAPITAL LLC (TRC) 0 0 0.000%
EXODUSPOINT CAPITAL MANAGEMENT, LP Xinyu Liu 0 0 0.000%
UBS GROUP AG 0 0 0.000%