Connor, Clark & Lunn Investment Management Ltd.

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

Symbol: DAO on NYSE
Investment type: Equity / American Depositary Shares, each representing 1 Class A Ordinary Share, par value US$0.0001

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Dec 2025	0.01%	-0%	$2,453,936	243,446	-9,347	-3.7%	$10.08	Q4 2025
30 Sep 2025	0.01%	+0%	$2,512,762	252,793	+50,029	+25%	$9.94	Q3 2025
30 Jun 2025	0.01%	+0%	$1,743,770	202,764	+65,308	+48%	$8.60	Q2 2025
31 Mar 2025	0%	+0%	$1,048,789	137,456	+62,568		$7.63	Q1 2025
31 Dec 2024	0%	+0%	$554,171	74,888	+74,888	NEW	$7.40	Q4 2024
30 Sep 2024		-0%	$0	0	-17,468	-100%	$9.48	Q3 2024
30 Jun 2024	0%	-0%	$68,475	17,468	-18,641	-52%	$3.92	Q2 2024
31 Mar 2024	0%	-0%	$145,158	36,109	-42,438	-54%	$4.02	Q1 2024
31 Dec 2023	0%	-0%	$309,475	78,547	-23,300	-23%	$3.94	Q4 2023
30 Sep 2023	0%	+0%	$409,425	101,847	+15,482	+18%	$4.02	Q3 2023
30 Jun 2023	0%	+0%	$416,279	86,365	+37,420	+76%	$4.82	Q2 2023
31 Mar 2023	0%	+0%	$416,033	48,945	+14,704	+43%	$8.50	Q1 2023
31 Dec 2022	0%	+0%	$184,217	34,241	+34,241	NEW	$5.38	Q4 2022

* 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.