Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO)
CUSIP: 98741T104
Q4 2025 13F Holders as of 31 Dec 2025
- Type / Class
- Equity / American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001
- Shares outstanding
- 31,278,640
- Total 13F shares
- 11,947,215
- Share change
- -510,999
- Total reported value
- $120,411,557
- Price per share
- $10.08
- Number of holders
- 31
- Value change
- -$5,130,776
- Number of buys
- 9
- Number of sells
- 20
Quarterly Holders Quick Answers
What is CUSIP 98741T104?
CUSIP 98741T104 identifies DAO - Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 in SEC institutional holdings data.
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Recent filing periods for CUSIP 98741T104:
Top shareholders 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. Ownership % is shown only when it is directly reported or safely comparable across share classes.
Methodology: rows are grouped by holder and ranked by the holder's primary source value. — indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
| Holder | Source | Role / Reporting | Ownership % | Shares | Holdings Value | 12M Net Δ | As of | Details |
|---|---|---|---|---|---|---|---|---|
| ORBIS INVESTMENT MANAGEMENT LTD |
13D/G
|
Orbis Investment Management Limited |
22%
|
6,943,858
|
$84,576,190 | -$4,111,359 | 31 Dec 2025 | |
| Orbis Allan Gray Ltd |
13F
|
Company |
23%
|
7,281,408
|
$72,377,196 | — | 30 Sep 2025 | |
| NetEase, Inc. |
13F
|
Company |
9.3%
|
2,898,293
|
$28,809,032 | — | 30 Sep 2025 | |
| VANGUARD GROUP INC |
13F
|
Company |
3.2%
|
1,013,162
|
$10,070,831 | — | 30 Sep 2025 | |
| ACADIAN ASSET MANAGEMENT LLC |
13F
|
Company |
1.6%
|
511,473
|
$5,063,000 | — | 30 Sep 2025 | |
| Connor, Clark & Lunn Investment Management Ltd. |
13F
|
Company |
0.81%
|
252,793
|
$2,512,762 | — | 30 Sep 2025 | |
| Qube Research & Technologies Ltd |
13F
|
Company |
0.31%
|
97,829
|
$972,420 | — | 30 Sep 2025 | |
| RENAISSANCE TECHNOLOGIES LLC |
13F
|
Company |
0.22%
|
68,700
|
$682,878 | — | 30 Sep 2025 | |
| Walleye Capital LLC |
13F
|
Company |
0.15%
|
48,452
|
$481,613 | — | 30 Sep 2025 | |
| MARSHALL WACE, LLP |
13F
|
Company |
0.13%
|
39,403
|
$391,667 | — | 30 Sep 2025 | |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM |
13F
|
Company |
0.12%
|
37,309
|
$370,851 | — | 30 Sep 2025 | |
| Tidal Investments LLC |
13F
|
Company |
0.09%
|
29,434
|
$292,574 | — | 30 Sep 2025 | |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO |
13F
|
Company |
0.09%
|
29,286
|
$291,103 | — | 30 Sep 2025 | |
| Invesco Ltd. |
13F
|
Company |
0.09%
|
28,983
|
$288,091 | — | 30 Sep 2025 | |
| CITADEL ADVISORS LLC |
13F
|
Company |
0.08%
|
25,297
|
$251,452 | — | 30 Sep 2025 | |
| MORGAN STANLEY |
13F
|
Company |
0.07%
|
23,407
|
$232,665 | — | 30 Sep 2025 | |
| GSA CAPITAL PARTNERS LLP |
13F
|
Company |
0.06%
|
20,253
|
$201,000 | — | 30 Sep 2025 | |
| Vident Advisory, LLC |
13F
|
Company |
0.04%
|
12,662
|
$125,860 | — | 30 Sep 2025 | |
| GOLDMAN SACHS GROUP INC |
13F
|
Company |
0.04%
|
11,968
|
$118,962 | — | 30 Sep 2025 | |
| UBS Group AG |
13F
|
Company |
0.02%
|
7,143
|
$71,001 | — | 30 Sep 2025 | |
| BANK OF AMERICA CORP /DE/ |
13F
|
Company |
0.02%
|
5,828
|
$57,930 | — | 30 Sep 2025 | |
| SIMPLEX TRADING, LLC |
13F
|
Company |
0.01%
|
2,758
|
$27,000 | — | 30 Sep 2025 | |
| CITIGROUP INC |
13F
|
Company |
0.01%
|
2,697
|
$26,808 | — | 30 Sep 2025 | |
| Mirae Asset Global Investments Co., Ltd. |
13F
|
Company |
0.01%
|
2,535
|
$25,198 | — | 30 Sep 2025 | |
| Lombard Odier SCmA Compagnie |
13F
|
Individual |
0.01%
|
2,000
|
$19,880 | — | 30 Sep 2025 | |
| GROUP ONE TRADING LLC |
13F
|
Company |
0.01%
|
1,947
|
$19,353 | — | 30 Sep 2025 | |
| EverSource Wealth Advisors, LLC |
13F
|
Company |
0%
|
1,153
|
$11,461 | — | 30 Sep 2025 | |
| RHUMBLINE ADVISERS |
13F
|
Company |
0%
|
1,110
|
$11,032 | — | 30 Sep 2025 | |
| NewEdge Advisors, LLC |
13F
|
Company |
0%
|
480
|
$4,770 | — | 30 Sep 2025 | |
| Tower Research Capital LLC (TRC) |
13F
|
Company |
0%
|
202
|
$2,008 | — | 30 Sep 2025 | |
| ROYAL BANK OF CANADA |
13F
|
Company |
0%
|
64
|
$1,000 | — | 30 Sep 2025 | |
| CoreCap Advisors, LLC |
13F
|
Company |
0%
|
61
|
$606 | — | 30 Sep 2025 | |
| HARBOUR INVESTMENTS, INC. |
13F
|
Company |
0%
|
50
|
$497 | — | 30 Sep 2025 | |
| PNC FINANCIAL SERVICES GROUP, INC. |
13F
|
Company |
0%
|
41
|
$408 | — | 30 Sep 2025 | |
| OSAIC HOLDINGS, INC. |
13F
|
Company |
0%
|
1
|
$10 | — | 30 Sep 2025 |
Institutional Holders of Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO) as of Q4 2025
As of 31 Dec 2025,
Youdao, Inc. - American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001 (DAO) was held by
31 institutional
shareholders
that filed Form 13F with the SEC.
Together, they reported ownership of
11,947,215 shares.
The largest 10 holders included
Orbis Allan Gray Ltd, NetEase, Inc., VANGUARD GROUP INC, ACADIAN ASSET MANAGEMENT LLC, Connor, Clark & Lunn Investment Management Ltd., GSA CAPITAL PARTNERS LLP, RENAISSANCE TECHNOLOGIES LLC, Qube Research & Technologies Ltd, MARSHALL WACE, LLP, and California Public Employees Retirement System.
This page lists
31
institutional shareholders reporting positions in this security
for the Q4 2025 filing period.
| Investor | Option | Weight % | Change % | Value $ | * Price | Shares | Share Change | Activity | Report Period |
|---|
Compare Q4 2025 vs Q3 2025 Across Filers
Q3 2025 holders
33
Q4 2025 holders
31
Holder diff
-2
| Investor | Q3 2025 Shares | Q4 2025 Shares | Share Diff | Share Chg % | Q3 2025 Value $ | Q4 2025 Value $ | Value Diff $ | Value Chg % |
|---|
Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).
Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.
An asterisk sign (*) next to the price indicates that the price is likely invalid.