Youdao
35 hedge funds and large institutions have $67.1M invested in Youdao in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
16% more call options, than puts
Call options by funds: $36K | Put options by funds: $31K
3% more funds holding
Funds holding: 34 → 35 (+1)
3% less ownership
Funds ownership: 48.22% → 45.22% (-3%)
8% less capital invested
Capital invested by funds: $73M → $67.1M (-$5.91M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$276K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$113K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$61.3K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$55.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$3.99M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$283K |
| 3 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
-$222K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$197K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$95.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $14.9K | -$16.5K | -4,029 | -52% |
|
|
QT
27
Quantbot Technologies
New York
| $8.39K | – | – | – |
|
|
CLOS
28
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $7.88K | – | – | – |
|
29
RhumbLine Advisers
Boston,
Massachusetts
| $6.4K | -$2.33K | -570 | -26% |
|
30
Simplex Trading
Chicago,
Illinois
| $5K | -$7.24K | -1,771 | -58% |
|
|
BTI
31
Blue Trust Inc
Alpharetta,
Georgia
| $2K | +$2.12K | +519 | New |
|
|
HI
32
Harbour Investments
Madison,
Wisconsin
| $197 | – | – | – |
|
33
Citigroup
New York
| $158 | – | – | – |
|
34
UBS Group
Zurich,
Switzerland
| $138 | -$18.3K | -4,468 | -99% |
|
|
PS
35
Principal Securities
Des Moines,
Iowa
| $126 | +$131 | +32 | New |
|
|
36
Citadel Advisors
Miami,
Florida
| – | -$197K | -48,950 | Closed |
|
37
Two Sigma Investments
New York
| – | -$62.5K | -15,538 | Closed |
|
38
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.07K | -515 | Closed |
|
DAO Hedge Fund Activity: Q4 2023 in Review
35 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q4 2023, worth a combined $67.1M — down 8.1% from $73M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DAO positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $276K. The largest seller was Orbis Allan Gray, cutting an estimated $3.99M.
- 35 institutional investors held Youdao (DAO) as of Q4 2023, up from 34 in Q3 2023.
- Funds reported $67.1M of Youdao stock for Q4 2023, down 8.1% quarter-over-quarter.
- 4 funds opened new Youdao positions in Q4 2023 and 3 closed out, a net change of +1 holder.
- The largest Youdao buyer in Q4 2023 was Morgan Stanley, an estimated $276K added.
- The largest Youdao seller in Q4 2023 was Orbis Allan Gray, an estimated $3.99M sold.
Based on aggregated 13F filings for Q4 2023.