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DAO

Youdao

36 hedge funds and large institutions have $309M invested in Youdao in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

11,658% more call options, than puts

Call options by funds: $1.41M | Put options by funds: $12K

75% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 8

9% more capital invested

Capital invested by funds: $284M → $309M (+$24.6M)

3.36% more ownership

Funds ownership: 63.85%67.21% (+3.4%)

8% less funds holding

Funds holding: 3936 (-3)

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

Holders
36
Holders Change
-3
Holders Change %
-7.69%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
14
Reduced
8
Closed
10
Calls
$1.41M
Puts
$12K
Net Calls
+$1.4M
Net Calls Change
+$756K
Name Holding Trade Value Shares
Change
Change in
Stake
OAG
1
Orbis Allan Gray
Bermuda
$184M +$7.73M +595,531 +4%
CFM
2
Coronation Fund Managers
South Africa
$33M +$3.57M +275,238 +12%
KFA
3
Krane Funds Advisors
New York
$21.8M +$1.55M +119,318 +7%
UBS AM
4
UBS AM
Illinois
$18.6M +$68.8K +5,300 +0.4%
Vanguard Group
5
Vanguard Group
Pennsylvania
$14.7M +$294K +22,669 +2%
BlackRock
6
BlackRock
New York
$7.94M +$7.47M +575,849 +954%
Goldman Sachs
7
Goldman Sachs
New York
$7.42M +$2.14M +164,735 +38%
TAA
8
TB Alternative Assets
Cayman Islands
$6.76M
Invesco
9
Invesco
Georgia
$5.93M -$36.7K -2,831 -0.6%
State Street
10
State Street
Massachusetts
$2.65M +$2M +154,459 +265%
CS
11
Credit Suisse
Switzerland
$1.23M -$340K -26,164 -21%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$877K +$17.6K +1,353 +2%
N
13
Nuveen
North Carolina
$478K +$497K +38,300 New
Morgan Stanley
14
Morgan Stanley
New York
$417K -$1.77M -136,333 -80%
Canada Pension Plan Investment Board
15
Canada Pension Plan Investment Board
Ontario, Canada
$386K
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$275K +$286K +22,048 New
IEFM
17
IQ EQ Fund Management
Ireland
$273K +$8.01K +617 +3%
JG
18
Jefferies Group
New York
$261K
JP Morgan Chase
19
JP Morgan Chase
New York
$259K -$652K -50,225 -71%
Marshall Wace
20
Marshall Wace
United Kingdom
$257K -$2.33M -179,587 -90%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$189K +$197K +15,189 New
Citigroup
22
Citigroup
New York
$182K +$132K +10,163 +227%
TRCT
23
Tower Research Capital (TRC)
New York
$180K +$180K +13,859 +2,552%
ECM
24
ExodusPoint Capital Management
New York
$162K +$169K +12,987 New
AGM
25
Alpine Global Management
New York
$157K +$164K +12,600 New

DAO Hedge Fund Activity: Q4 2021 in Review

36 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q4 2021, worth a combined $309M — up 8.7% from $284M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of DAO and 8 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.

The largest buyer was Orbis Allan Gray, adding an estimated $7.73M. The largest seller was Millennium Management, exiting entirely with an estimated $3.1M sold.

  • 36 institutional investors held Youdao (DAO) as of Q4 2021, down from 39 in Q3 2021.
  • Funds reported $309M of Youdao stock for Q4 2021, up 8.7% quarter-over-quarter.
  • 8 funds opened new Youdao positions in Q4 2021 and 10 closed out, a net change of -2 holders.
  • The largest Youdao buyer in Q4 2021 was Orbis Allan Gray, an estimated $7.73M added.
  • The largest Youdao seller in Q4 2021 was Millennium Management, an estimated $3.1M sold.

Based on aggregated 13F filings for Q4 2021.