Youdao
42 hedge funds and large institutions have $94.8M invested in Youdao in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 10 closing their positions.
292% more call options, than puts
Call options by funds: $1.01M | Put options by funds: $257K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
3.44% less ownership
Funds ownership: 55.62% → 52.18% (-3.4%)
5% less funds holding
Funds holding: 44 → 42 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
47% less capital invested
Capital invested by funds: $178M → $94.8M (-$83.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$757K |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$391K |
| 3 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$325K |
| 4 |
BlackRock
New York
|
+$287K |
| 5 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$4.52M |
| 2 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$2.42M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$1.15M |
| 4 |
D.E. Shaw & Co
New York
|
-$1.07M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$546K |
DAO Hedge Fund Activity: Q2 2023 in Review
42 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q2 2023, worth a combined $94.8M — down 47% from $178M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DAO and 8 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Acadian Asset Management, adding an estimated $757K. The largest seller was Orbis Allan Gray, cutting an estimated $4.52M.
- 42 institutional investors held Youdao (DAO) as of Q2 2023, down from 44 in Q1 2023.
- Funds reported $94.8M of Youdao stock for Q2 2023, down 47% quarter-over-quarter.
- 8 funds opened new Youdao positions in Q2 2023 and 10 closed out, a net change of -2 holders.
- The largest Youdao buyer in Q2 2023 was Acadian Asset Management, an estimated $757K added.
- The largest Youdao seller in Q2 2023 was Orbis Allan Gray, an estimated $4.52M sold.
Based on aggregated 13F filings for Q2 2023.