Naspers’s Udemy UDMY Stock Holding History

Naspers’s Portfolio UDMY Stock Details UDMY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-3,916,240	Closed	-$27.5M	–	5
2025 Q3	$27.5M	Sell	3,916,240 -10,004,600	-72%	-$70.2M	4.15%	5
2025 Q2	$97.9M	Hold	13,920,840	–	–	13.75%	2
2025 Q1	$108M	Sell	13,920,840 -3,200,000	-19%	-$27.2M	10.43%	2
2024 Q4	$141M	Hold	17,120,840	–	–	11.59%	3
2024 Q3	$127M	Hold	17,120,840	–	–	16.47%	2
2024 Q2	$148M	Hold	17,120,840	–	–	20.25%	2
2024 Q1	$188M	Hold	17,120,840	–	–	17.24%	2
2023 Q4	$59.6M	Hold	17,120,840	–	–	6.63%	3
2023 Q3	$163M	Hold	17,120,840	–	–	7.19%	3
2023 Q2	$184M	Hold	17,120,840	–	–	17.74%	2
2023 Q1	$151M	Hold	17,120,840	–	–	15.39%	2
2022 Q4	$181M	Hold	17,120,840	–	–	23.78%	2
2022 Q3	$207M	Hold	17,120,840	–	–	25.88%	2
2022 Q2	$175M	Hold	17,120,840	–	–	22.74%	3
2022 Q1	$213M	Hold	17,120,840	–	–	20.74%	3
2021 Q4	$335M	Buy	+17,120,840	New	+$410M	18.98%	3

Other funds holding UDMY

IHG

Insight Holdings Group New York $1.42B AUM 41.03% 1-Year Est. Return

CIA

Caledonia Investments (Australia) Sydney NSW, Australia $3.44B AUM 20.03% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

CPIM

Cypress Point Investment Management Mill Valley, California $424M AUM

JGC

J. Goldman & Co New York $3.44B AUM 33.82% 1-Year Est. Return

Assenagon Asset Management Senningerberg, Luxembourg $80.2B AUM 50.57% 1-Year Est. Return

WCM

Westerly Capital Management San Francisco, California $368M AUM 42.67% 1-Year Est. Return

MCO

MAK Capital One New York $679M AUM 29.02% 1-Year Est. Return

SCPM

Sea Cliff Partners Management San Francisco, California $194M AUM 8.22% 1-Year Est. Return

Naspers's UDMY Position: Q4 2025 in Review

Naspers sold out of Udemy (UDMY) in Q4 2025, closing a stake of 3,916,240 shares — an estimated $27.5M sold.

Naspers first reported a position in UDMY in Q4 2021 and held it in 16 quarters. The position peaked at $335M in Q4 2021. 183 funds tracked by Wall St. Rank hold UDMY as of Q4 2025.

Naspers reported no remaining Udemy position as of Q4 2025 after selling out during the quarter.
Naspers sold 3,916,240 Udemy shares in Q4 2025, an estimated $27.5M.
Naspers first reported a position in Udemy in Q4 2021 and held it in 16 quarters.
Naspers's Udemy position peaked at $335M in Q4 2021.
183 funds tracked by Wall St. Rank held Udemy as of Q4 2025.

Based on Naspers's 13F filing for Q4 2025, filed 17 Feb 2026.