Youdao
44 hedge funds and large institutions have $178M invested in Youdao in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
3,803% more call options, than puts
Call options by funds: $18M | Put options by funds: $461K
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
53% more capital invested
Capital invested by funds: $116M → $178M (+$61.7M)
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
10% more funds holding
Funds holding: 40 → 44 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.81% less ownership
Funds ownership: 57.43% → 55.62% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.96M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$1.75M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$781K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$603K |
| 5 |
SPM
Symmetry Peak Management
Radnor,
Pennsylvania
|
+$559K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$8.64M |
| 2 |
TAA
TB Alternative Assets
Grand Cayman,
Cayman Islands
|
-$1.62M |
| 3 |
Renaissance Technologies
New York
|
-$1.35M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$469K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$253K |
DAO Hedge Fund Activity: Q1 2023 in Review
44 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Youdao (DAO) for Q1 2023, worth a combined $178M — up 53% from $116M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DAO positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $1.96M. The largest seller was Orbis Allan Gray, cutting an estimated $8.64M.
- 44 institutional investors held Youdao (DAO) as of Q1 2023, up from 40 in Q4 2022.
- Funds reported $178M of Youdao stock for Q1 2023, up 53% quarter-over-quarter.
- 9 funds opened new Youdao positions in Q1 2023 and 5 closed out, a net change of +4 holders.
- The largest Youdao buyer in Q1 2023 was Acadian Asset Management, an estimated $1.96M added.
- The largest Youdao seller in Q1 2023 was Orbis Allan Gray, an estimated $8.64M sold.
Based on aggregated 13F filings for Q1 2023.