Youdao
34 hedge funds and large institutions have $124M invested in Youdao in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
14% more capital invested
Capital invested by funds: $108M → $124M (+$15.6M)
13% more funds holding
Funds holding: 30 → 34 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.41% less ownership
Funds ownership: 40.23% → 39.83% (-0.41%)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $231K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.24M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$447K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$226K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$181K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$1.93M |
| 2 |
Walleye Capital
New York
|
-$596K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$579K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$234K |
| 5 |
Jane Street
New York
|
-$165K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
26
EverSource Wealth Advisors
Birmingham,
Alabama
| $11.5K | – | – | – |
|
27
RhumbLine Advisers
Boston,
Massachusetts
| $11K | +$5K | +560 | +102% |
|
|
NA
28
NewEdge Advisors
New Orleans,
Louisiana
| $4.77K | -$2.17K | -243 | -34% |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $2.01K | -$4.46K | -500 | -71% |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
CA
31
CoreCap Advisors
Southfield,
Michigan
| $606 | – | – | – |
|
|
HI
32
Harbour Investments
Madison,
Wisconsin
| $497 | – | – | – |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $408 | -$411 | -46 | -53% |
|
34
Osaic Holdings
Scottsdale,
Arizona
| $10 | – | – | – |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$234K | -26,241 | Closed |
|
|
36
Jane Street
New York
| – | -$165K | -19,158 | Closed |
|
DAO Hedge Fund Activity: Q3 2025 in Review
34 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q3 2025, worth a combined $124M — up 14% from $108M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DAO positions and 2 closed out — a net gain of 4 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $1.24M. The largest seller was Orbis Allan Gray, cutting an estimated $1.93M.
- 34 institutional investors held Youdao (DAO) as of Q3 2025, up from 30 in Q2 2025.
- Funds reported $124M of Youdao stock for Q3 2025, up 14% quarter-over-quarter.
- 6 funds opened new Youdao positions in Q3 2025 and 2 closed out, a net change of +4 holders.
- The largest Youdao buyer in Q3 2025 was Acadian Asset Management, an estimated $1.24M added.
- The largest Youdao seller in Q3 2025 was Orbis Allan Gray, an estimated $1.93M sold.
Based on aggregated 13F filings for Q3 2025.