Youdao
41 hedge funds and large institutions have $513M invested in Youdao in 2020 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
1,400% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 2
215% more funds holding
Funds holding: 13 → 41 (+28)
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
131% more capital invested
Capital invested by funds: $222M → $513M (+$291M)
11.99% more ownership
Funds ownership: 46.58% → 58.57% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCH
Sylebra Capital (HK)
Hong Kong
|
+$28.7M |
| 2 |
GAM
Greenwoods Asset Management
Grand Cayman,
Cayman Islands
|
+$10.1M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$7.4M |
| 4 |
Renaissance Technologies
New York
|
+$5.5M |
| 5 |
KFA
Krane Funds Advisors
New York
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCMH
Keywise Capital Management (HK)
Hong Kong
|
-$6.52M |
| 2 |
PCM
Prelude Capital Management
New York
|
-$3.85M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$1.3M |
| 4 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$367K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$327K |
DAO Hedge Fund Activity: Q2 2020 in Review
41 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q2 2020, worth a combined $513M — up 131% from $222M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new DAO positions and 2 closed out — a net gain of 28 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Sylebra Capital (HK), opening a new position worth an estimated $28.7M. The largest seller was Keywise Capital Management (HK), cutting an estimated $6.52M.
- 41 institutional investors held Youdao (DAO) as of Q2 2020, up from 13 in Q1 2020.
- Funds reported $513M of Youdao stock for Q2 2020, up 131% quarter-over-quarter.
- 30 funds opened new Youdao positions in Q2 2020 and 2 closed out, a net change of +28 holders.
- The largest Youdao buyer in Q2 2020 was Sylebra Capital (HK), an estimated $28.7M added.
- The largest Youdao seller in Q2 2020 was Keywise Capital Management (HK), an estimated $6.52M sold.
Based on aggregated 13F filings for Q2 2020.