Youdao
13 hedge funds and large institutions have $222M invested in Youdao in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 4 closing their positions.
724% more capital invested
Capital invested by funds: $26.9M → $222M (+$195M)
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
38.11% more ownership
Funds ownership: 8.47% → 46.58% (+38%)
30% more funds holding
Funds holding: 10 → 13 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$151M |
| 2 |
KCMH
Keywise Capital Management (HK)
Hong Kong
|
+$9.96M |
| 3 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
+$8.49M |
| 4 |
PCM
Prelude Capital Management
New York
|
+$3.35M |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OH
Overlook Holdings
Tortola,
British Virgin Islands
|
-$4.53M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$1.21M |
| 3 |
Millennium Management
New York
|
-$1.05M |
| 4 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
-$508K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$56K |
DAO Hedge Fund Activity: Q1 2020 in Review
13 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q1 2020, worth a combined $222M — up 724% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DAO positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $151M. The largest seller was Overlook Holdings, exiting entirely with an estimated $4.53M sold.
- 13 institutional investors held Youdao (DAO) as of Q1 2020, up from 10 in Q4 2019.
- Funds reported $222M of Youdao stock for Q1 2020, up 724% quarter-over-quarter.
- 7 funds opened new Youdao positions in Q1 2020 and 4 closed out, a net change of +3 holders.
- The largest Youdao buyer in Q1 2020 was Orbis Allan Gray, an estimated $151M added.
- The largest Youdao seller in Q1 2020 was Overlook Holdings, an estimated $4.53M sold.
Based on aggregated 13F filings for Q1 2020.