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DAO

Youdao
DAO

33 hedge funds and large institutions have $63.6M invested in Youdao in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

3.21% less ownership

Funds ownership: 45.22% → 42.01% (-3.2%)

5% less capital invested

Capital invested by funds: $67.1M → $63.6M (-$3.49M)

6% less funds holding

Funds holding: 35 → 33 (-2)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

33% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 9

Holders
33
Holders Change
-2
Holders Change %
-5.71%
% of All Funds
0.48%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
9
Increased
6
Reduced
9
Closed
11
Calls
$93K
Puts
–
Net Calls
+$93K
Net Calls Change
+$88K

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$356K
2
Jane Street
Jane Street
New York
+$275K
3
HF
HRT Financial
New York
+$152K
4
Goldman Sachs
Goldman Sachs
New York
+$150K
5
VA
Vident Advisory
Georgia
+$122K

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$3.07M
2
State Street
State Street
Massachusetts
-$899K
3
OAG
Orbis Allan Gray
Bermuda
-$497K
4
Morgan Stanley
Morgan Stanley
New York
-$262K
5
SPM
Symmetry Peak Management
Pennsylvania
-$207K
Name Holding Trade Value Shares
Change 		Change in
Stake
RhumbLine Advisers
26
RhumbLine Advisers
Massachusetts
$6.53K – – –
UBS Group
27
UBS Group
Switzerland
$4.34K +$4.03K +1,044 +2,983%
Qube Research & Technologies (QRT)
28
Qube Research & Technologies (QRT)
United Kingdom
$2.34K +$2.25K +582 New
EWA
29
EverSource Wealth Advisors
Alabama
$980 +$1.08K +280 New
PAS
30
Point72 Asia (Singapore)
Singapore
$539 +$518 +134 New
HI
31
Harbour Investments
Wisconsin
$201 – – –
Citigroup
32
Citigroup
New York
$161 – – –
BlackRock
33
BlackRock
New York
– -$3.07M -779,924 Closed
SPM
34
Symmetry Peak Management
Pennsylvania
– -$207K -52,500 Closed
Northern Trust
35
Northern Trust
Illinois
– -$125K -31,706 Closed
OMC
36
Old Mission Capital
Illinois
– -$109K -27,732 Closed
N
37
Nuveen
North Carolina
– -$89K -22,600 Closed
COPPSERS
38
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
– -$72.7K -18,455 Closed
Legal & General Group
39
Legal & General Group
United Kingdom
– -$19.3K -4,898 Closed
Group One Trading
40
Group One Trading
Illinois
– -$15.9K -4,119 Closed
QT
41
Quantbot Technologies
New York
– -$8.39K -2,129 Closed
Simplex Trading
42
Simplex Trading
Illinois
– -$4.48K -1,159 -89%
BTI
43
Blue Trust Inc
Georgia
– -$2K -519 Closed
PS
44
Principal Securities
Iowa
– -$126 -32 Closed
1
2

DAO Hedge Fund Activity: Q1 2024 in Review

33 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q1 2024, worth a combined $63.6M — down 5.2% from $67.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of DAO and 9 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $356K. The largest seller was BlackRock, exiting entirely with an estimated $3.07M sold.

  • 33 institutional investors held Youdao (DAO) as of Q1 2024, down from 35 in Q4 2023.
  • Funds reported $63.6M of Youdao stock for Q1 2024, down 5.2% quarter-over-quarter.
  • 9 funds opened new Youdao positions in Q1 2024 and 11 closed out, a net change of -2 holders.
  • The largest Youdao buyer in Q1 2024 was Millennium Management, an estimated $356K added.
  • The largest Youdao seller in Q1 2024 was BlackRock, an estimated $3.07M sold.

Based on aggregated 13F filings for Q1 2024.