DAO Youdao, Inc.

NYSE
$18.34

Youdao, Inc. (DAO) Institutional Ownership

What the institutions did with DAO last quarter, from their 13F filings. Counting managers rather than shares is the point: a single index fund adding to a position tells you far less than four hundred separate managers all deciding to. Positions as reported for the quarter ended June 30, 2026.

Managers reporting
37
filed a 13F this quarter
Managers holding
33
+1 on the quarter
Buyers
12
5 opened new
Sellers
15
4 sold out entirely
Buyer share
44.4%
of managers who traded it
Breadth
-11.1
net buyers, as a share of those trading

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Largest holders

Manager Shares % of reported
Orbis Allan Gray Ltd 6.6M 57.7%
NetEase, Inc. 2.9M 25.5%
VANGUARD CAPITAL MANAGEMENT LLC 840.2K 7.4%
ACADIAN ASSET MANAGEMENT LLC 227.5K 2.0%
VANGUARD FIDUCIARY TRUST CO 211.7K 1.9%
Connor, Clark & Lunn Investment Management Ltd. 211.2K 1.9%
UBS Group AG 65.6K 0.6%
GSA CAPITAL PARTNERS LLP 63.0K 0.6%
CITADEL ADVISORS LLC 59.2K 0.5%
RENAISSANCE TECHNOLOGIES LLC 58.6K 0.5%
Qube Research & Technologies Ltd 46.5K 0.4%
California Public Employees Retirement System 36.0K 0.3%
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 28.1K 0.2%
Invesco Ltd. 23.7K 0.2%
Savant Capital, LLC 13.6K 0.1%
MORGAN STANLEY 6.9K 0.1%
VANGUARD ASSET MANAGEMENT, Ltd 3.8K 0.0%
Tower Research Capital LLC (TRC) 3.0K 0.0%
Compagnie Lombard Odier SCmA 2.0K 0.0%
RHUMBLINE ADVISERS 1.2K 0.0%
GROUP ONE TRADING LLC 986 0.0%
Rockefeller Capital Management L.P. 809 0.0%
Smartleaf Asset Management LLC 509 0.0%
ROYAL BANK OF CANADA 230 0.0%
Quarry LP 215 0.0%

Largest changes

Manager Action Previous Current Change
Orbis Allan Gray Ltd Reduced 6.7M 6.6M -175.2K
ACADIAN ASSET MANAGEMENT LLC Reduced 295.6K 227.5K -68.2K
MARSHALL WACE, LLP Sold Out 46.3K 0 -46.3K
MORGAN STANLEY Reduced 22.2K 6.9K -15.3K
Connor, Clark & Lunn Investment Management Ltd. Reduced 226.0K 211.2K -14.8K
Qube Research & Technologies Ltd Reduced 60.5K 46.5K -14.0K
Savant Capital, LLC New 0 13.6K +13.6K
UBS Group AG Increased 54.9K 65.6K +10.7K
Vident Advisory, LLC Sold Out 10.1K 0 -10.1K
CITADEL ADVISORS LLC Increased 50.6K 59.2K +8.6K
VANGUARD CAPITAL MANAGEMENT LLC Increased 832.4K 840.2K +7.7K
GSA CAPITAL PARTNERS LLP Reduced 68.9K 63.0K -6.0K
RENAISSANCE TECHNOLOGIES LLC Reduced 63.5K 58.6K -4.9K
Invesco Ltd. Reduced 27.0K 23.7K -3.3K
GROUP ONE TRADING LLC Reduced 3.2K 986 -2.2K
Tower Research Capital LLC (TRC) Increased 868 3.0K +2.1K
California Public Employees Retirement System Reduced 37.0K 36.0K -940
EverSource Wealth Advisors, LLC Sold Out 912 0 -912
Rockefeller Capital Management L.P. New 0 809 +809
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Reduced 28.3K 28.1K -237
Quarry LP New 0 215 +215
ROYAL BANK OF CANADA Increased 200 230 +30
OSAIC HOLDINGS, INC. Increased 19 43 +24
Blue Trust, Inc. Sold Out 22 0 -22
WELLS FARGO & COMPANY/MN New 0 10 +10

13F filings are due 45 days after quarter end and cover long positions in U.S.-listed equities only, so this is a lagged and partial picture: shorts, bonds and foreign listings never appear. Options positions are excluded here rather than folded into the share counts. Political ownership is coming.