Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO)

Q: What does CUSIP 98741T104 represent in this 13F holders report?

CUSIP 98741T104 is the security identifier for DAO - Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 used to aggregate holder disclosures.

Q: How many institutions held DAO - Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 in Q4 2022?

40 institutional investors reported DAO - Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 for Q4 2022. Use the holders table for investor-level position and value details.

CUSIP: 98741T104

Q4 2022 13F Holders as of 31 Dec 2022

Security type / class: Equity / American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001
Total 13F shares: 21,639,016
Total 13F value: $116,418,483
Share change: -1,680,707
Put/Call ratio: 0.68%
SEC-reported price per share: $5.38
Number of holders: 40
Value change: -$9,037,454
Number of buys: 24
Number of sells: 11
Shares outstanding: 31,342,902

Security key

98741T104

Report period

Q4 2022

Institutions

Top holders

DAO full security history Ownership snapshot Full 13F holder table Newer quarter: Q1 2026 Youdao, Inc. SEC filings Youdao, Inc. company facts

Broader feeds

Latest 13F filings Latest 13D/G filings Investors directory

Reporting periods

Holder history for CUSIP 98741T104

Newer quarter: Q1 2026

Recent filing periods:

Q2 2026 Q1 2026

Ownership snapshot

Top reported holders of DAO - Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader

Orbis Allan Gray Ltd

Disclosed value leader

Orbis Allan Gray Ltd

Comparable rows

15/15

Latest evidence

30 Sep 2022

13F Lead comparable stake: 48% Showing 1-6 of 15 holder rows.

Quick read

Orbis Allan Gray Ltd leads the comparable SEC ownership view at 48%.

15 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Orbis Allan Gray Ltd's linked filing trail.

Comparable ownership Top 5

Orbis Allan Gray Ltd 48%

NetEase, Inc. 8.2%

Coronation Fund Managers Ltd. 7.6%

VANGUARD GROUP INC 3.9%

BlackRock Finance, Inc. 2.3%

Ownership % is shown only when SEC disclosures are safely comparable across share classes.

Detailed SEC evidence table Showing 1-6 of 15 holder rows

Holder	Evidence	Ownership %	Position	12M Net Δ	As of
Orbis Allan Gray Ltd	13F Company 13F	48%	$59,683,000 15,186,517 shares	—	30 Sep 2022
NetEase, Inc.	13F Company 13F	8.2%	$10,089,000 2,567,123 shares	—	30 Sep 2022
Coronation Fund Managers Ltd.	13F Company 13F	7.6%	$9,332,000 2,374,623 shares	—	30 Sep 2022
VANGUARD GROUP INC	13F Company 13F	3.9%	$4,762,000 1,211,745 shares	—	30 Sep 2022
BlackRock Finance, Inc.	13F Company 13F	2.3%	$2,840,000 722,756 shares	—	30 Sep 2022
TB Alternative Assets Ltd.	13F Company 13F	1.6%	$1,922,000 489,059 shares	—	30 Sep 2022

How to read this table

Rows are grouped by holder and ranked first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.

13F holder rows

Institutional holders as of Q4 2022

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions

21,639,016

Rows available

Investor	Option	Weight %	Change %	SEC-reported value	* Price	Shares	Share Change	Activity	Report Period

^* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2022 vs Q1 2026 Across Filers

Q1 2026 holders

Q4 2022 holders

Holder diff

Investor	Q1 2026 Shares	Q4 2022 Shares	Share Diff	Share Chg %	Q1 2026 value	Q4 2022 value	Value change	Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend

Quarterly Value Trend

Quarterly Shares Trend