Youdao

DAO

Market cap $1.76B

DAO Hedge Fund Activity: Q1 2026 in Review

33 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q1 2026, worth a combined $115M — down 4.6% from $120M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DAO positions and 6 closed out — a net gain of 3 holders — while 9 added to existing stakes and 10 trimmed.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $531K. The largest seller was Orbis Allan Gray, cutting an estimated $2.15M.

• 33 institutional investors held Youdao (DAO) as of Q1 2026, up from 31 in Q4 2025.
• Funds reported $115M of Youdao stock for Q1 2026, down 4.6% quarter-over-quarter.
• 9 funds opened new Youdao positions in Q1 2026 and 6 closed out, a net change of +3 holders.
• The largest Youdao buyer in Q1 2026 was Citadel Advisors, an estimated $531K added.
• The largest Youdao seller in Q1 2026 was Orbis Allan Gray, an estimated $2.15M sold.

Based on aggregated 13F filings for Q1 2026.