Youdao
30 hedge funds and large institutions have $104M invested in Youdao in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 7 closing their positions.
256% more call options, than puts
Call options by funds: $613K | Put options by funds: $172K
74% more capital invested
Capital invested by funds: $59.5M → $104M (+$44M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 29 → 30 (+1)
1.11% less ownership
Funds ownership: 45.93% → 44.82% (-1.1%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$435K |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$376K |
| 3 |
Walleye Capital
New York
|
+$314K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$289K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$2.4M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$424K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$341K |
| 4 |
Millennium Management
New York
|
-$168K |
| 5 |
State Street
Boston,
Massachusetts
|
-$137K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CLOS
26
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $14.8K | – | – | – |
|
|
EWA
27
EverSource Wealth Advisors
Birmingham,
Alabama
| $1.32K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $696 | +$546 | +94 | New |
|
|
HI
29
Harbour Investments
Madison,
Wisconsin
| $370 | – | – | – |
|
|
SS
30
SBI Securities
Tokyo,
Japan
| $148 | +$116 | +20 | New |
|
|
31
State Street
Boston,
Massachusetts
| – | -$137K | -32,991 | Closed |
|
32
Citadel Advisors
Miami,
Florida
| – | -$130K | -31,393 | Closed |
|
|
SPM
33
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$102K | -24,500 | Closed |
|
|
BTI
34
Blue Trust Inc
Alpharetta,
Georgia
| – | -$26.5K | -6,764 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$5.34K | -1,288 | Closed |
|
36
Simplex Trading
Chicago,
Illinois
| – | -$5.33K | -917 | Closed |
|
37
Citigroup
New York
| – | -$166 | -40 | Closed |
|
DAO Hedge Fund Activity: Q4 2024 in Review
30 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q4 2024, worth a combined $104M — up 74% from $59.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DAO positions and 7 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), opening a new position worth an estimated $435K. The largest seller was Orbis Allan Gray, cutting an estimated $2.4M.
- 30 institutional investors held Youdao (DAO) as of Q4 2024, up from 29 in Q3 2024.
- Funds reported $104M of Youdao stock for Q4 2024, up 74% quarter-over-quarter.
- 8 funds opened new Youdao positions in Q4 2024 and 7 closed out, a net change of +1 holder.
- The largest Youdao buyer in Q4 2024 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $435K added.
- The largest Youdao seller in Q4 2024 was Orbis Allan Gray, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2024.