DAO · Youdao, Inc. · Holdings

$14.41 -0.41 (-2.77%) At close · Sep 11

Market Cap

$1.74B

120.63M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 32

Total Value: $139,809,227

Total Shares: 11,366,605

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 32 13F filers · Δ vs Mar 31, 2026

Top Holder

57.7%

+0.1 pts

Top 5

94.5%

+0.4 pts

Top 10

98.5%

+0.5 pts

HHI

4,052

Highly concentrated+45

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

Holder count: -1

Institutional value: +21.7%

Shares held: -2.7%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega UBS Group AG	+10,710	65,644
Mega CITADEL ADVISORS LLC	+8,608	59,247
Mega VANGUARD CAPITAL MANAGEMENT LLC	+7,728	840,158
Mid Tower Research Capital LLC (TRC)	+2,089	2,957
Mega ROYAL BANK OF CANADA	+30	230

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Large Orbis Allan Gray Ltd	−175,227	6,563,497
Large ACADIAN ASSET MANAGEMENT LLC	−68,170	227,454
Mega MORGAN STANLEY	−15,291	6,883
Large Connor, Clark & Lunn Investment Management Ltd.	−14,809	211,199
Mega Qube Research & Technologies Ltd	−14,035	46,477

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mid Savant Capital, LLC	13,572	$166,935
Large Rockefeller Capital Management L.P.	809	$9,950
Mid Quarry LP	215	$2,644
Mega WELLS FARGO & COMPANY/MN	10	$123

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Large MARSHALL WACE, LLP	46,335	$455,472
Large Vident Advisory, LLC	10,069	$98,978
Mid EverSource Wealth Advisors, LLC	912	$8,964
Large CWM, LLC	23	$226
Mid Blue Trust, Inc.	22	$216

Filter: New 4 Increased 7 Reduced 11 Sold out 5 Unchanged 10

Showing 32 of 32

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Orbis Allan Gray Ltd

$80,731,013

57.74%

6,563,497

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ORBIS INVESTMENT MANAGEMENT LTD	6,563,497	$80,731,013	100.0%	Defined

NetEase, Inc.

$35,649,003

25.50%

2,898,293

VANGUARD CAPITAL MANAGEMENT LLC

$10,333,943

7.39%

840,158

ACADIAN ASSET MANAGEMENT LLC

$2,797,684

2.00%

227,454

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Acadian Inc	227,454	$2,797,684	100.0%	Defined

VANGUARD FIDUCIARY TRUST CO

$2,603,491

1.86%

211,666

Connor, Clark & Lunn Investment Management Ltd.

$2,597,747

1.86%

211,199

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	209,434	$2,576,038	99.2%	Sole
Held directly	1,765	$21,709	0.8%	Sole

UBS Group AG

$807,420

0.58%

65,644

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	31,062	$382,062	47.3%	Defined
UBS Switzerland AG	33,757	$415,211	51.4%	Defined
UBS Securities LLC	825	$10,147	1.3%	Defined

GSA CAPITAL PARTNERS LLP

$774,481

0.55%

62,966

CITADEL ADVISORS LLC

$728,738

0.52%

59,247

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	59,247	$728,738	100.0%	Defined

RENAISSANCE TECHNOLOGIES LLC

$720,780

0.52%

58,600

Qube Research & Technologies Ltd

$571,667

0.41%

46,477

California Public Employees Retirement System

$443,378

0.32%

36,047

PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO

$345,679

0.25%

28,104

Invesco Ltd.

$292,051

0.21%

23,744

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Capital Management LLC	23,744	$292,051	100.0%	Defined

Savant Capital, LLC

$166,935

0.12%

13,572

MORGAN STANLEY

$84,660

0.06%

6,883

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	1	$12	0.0%	Defined
MORGAN STANLEY SMITH BARNEY LLC	4,690	$57,687	68.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,192	$26,961	31.8%	Defined

VANGUARD ASSET MANAGEMENT, Ltd

$47,268

0.03%

3,843

Tower Research Capital LLC (TRC)

$36,371

0.03%

2,957

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	2,957	$36,371	100.0%	Defined

Compagnie Lombard Odier SCmA

$24,600

0.02%

2,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Bank Lombard Odier & Co Ltd	2,000	$24,600	100.0%	Defined

RHUMBLINE ADVISERS

$14,993

0.01%

1,219

GROUP ONE TRADING LLC

$12,127

0.01%

986

Rockefeller Capital Management L.P.

$9,950

0.01%

809

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER FINANCIAL LLC	809	$9,950	100.0%	Defined

Smartleaf Asset Management LLC

$6,260

0.00%

509

ROYAL BANK OF CANADA

$2,829

0.00%

230

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	230	$2,829	100.0%	Defined

Quarry LP

$2,644

0.00%

215

NISA INVESTMENT ADVISORS, LLC

$897

0.00%

CoreCap Advisors, LLC

$750

0.00%

HARBOUR INVESTMENTS, INC.

$615

0.00%

OSAIC HOLDINGS, INC.

$528

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	43	$528	100.0%	Defined

Stone House Investment Management, LLC

$516

0.00%

WELLS FARGO & COMPANY/MN

$123

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	10	$123	100.0%	Defined

Ameritas Advisory Services, LLC

$86

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Marshall Wace North America L.P. joint	46,335	$455,472	100.0%	Other

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Blue Trust, Inc.	10,069	$98,978	100.0%	Defined

Key facts CIK 1781753 CUSIP 98741T104 13F (30d) 22 filings 22 filers Visit website Investor relations