Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Youdao Inc (DAO)

33 + Investors. Track Smart Money conviction in DAO. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
43%

Smart Money Signals — DAO

Based on 33 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
33 funds currently hold this stock — 94% of the 3.0-year high of 35 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+3 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 43% buying

12 buying16 selling
Last quarter: 16 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~5 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 6 → 2 → 9 → 5. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

55% of holders stayed for 2+ years

55% conviction (2yr+) 12% medium 33% new
18 out of 33 hedge funds have held DAO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Price up while funds trimmed (+22% value, -3% shares)

Value
+22%
Shares
-2%
Last quarter: total value of institutional DAO holdings rose +22% even though funds reduced share count by 3%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~5 new funds/quarter

4 → 6 → 2 → 9 → 5 new funds/Q
New funds entering each quarter: 6 → 2 → 9 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 58% veterans vs 33% newcomers

58% veterans 9% 1-2yr 33% new
Entry-cohort mix of 33 holders: 19 (58%) are 2+ year veterans, 3 entered 1–2 years ago, and 11 (33%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
8 of 33 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DAO

In 2026 Q2, 12 hedge funds were net buyers of DAO (5 opened a new position, 7 added to an existing one), while 16 reduced or exited (11 trimmed, 5 sold completely) — a 43% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 33.

Hedge Fund Ownership: DAO

How many hedge funds hold DAO — quarterly history vs. share price
Quarterly hedge fund ownership of DAO vs. share price

Market Analysis: DAO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DAO

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: DAO
33 + Investors

Track Smart Money conviction in DAO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 33 33 -
13F Shares 11M 12M -2.73%
Total Value $136M $111M 22.35%
New Positions 5 9 -4
Increased Positions 7 10 -3
Closed Positions 5 6 -1
Reduced Positions 11 9 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: DAO

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Institutional Holders (2026 Q2)

33 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DAO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 DAO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 NetEase, Inc. 4.66% 2,898,293 $35.6M
2 Orbis Allan Gray Ltd 0.28% 6,563,497 $80.7M
3 Connor, Clark & Lunn Investment Management Ltd. 0.00% 211,199 $2.6M
4 Public Employees Retirement System of Ohio 0.00% 28,104 $346K
5 Renaissance Technologies LLC 0.00% 58,600 $721K
6 Tower Research Capital LLC (TRC) 0.00% 2,957 $36K
7 Vanguard Fiduciary Trust Co 0.00% 211,666 $2.6M
8 Qube Research & Technologies Ltd 0.00% 46,477 $572K
9 Savant Capital, LLC 0.00% 13,572 $150K
10 Compagnie Lombard Odier SCmA 0.00% 2,000 $25K
11 California Public Employees Retirement System 0.00% 36,047 $443K
12 Vanguard Capital Management LLC 0.00% 840,158 $10.3M
13 Quarry LP 0.00% 215 $3K
14 Smartleaf Asset Management LLC 0.00% 509 $6K
15 UBS Group AG 0.00% 65,644 $807K
16 Citadel Advisors LLC 0.00% 59,247 $729K
17 Stone House Investment Management, LLC 0.00% 42
18 VANGUARD ASSET MANAGEMENT, Ltd 0.00% 3,843 $47K
19 CoreCap Advisors, LLC 0.00% 61
20 Group One Trading LLC 0.00% 986 $12K
21 Rockefeller Capital Management L.P. 0.00% 809 $10K
22 Rhumbline Advisers 0.00% 1,219 $15K
23 Harbour Investments, INC. 0.00% 50
24 Morgan Stanley 0.00% 6,883 $85K
25 Nisa Investment Advisors, LLC 0.00% 73
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Youdao Inc (DAO)

What does the Smart Money Trend signal show for DAO?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for DAO?

More sellers than buyers — 43% buying: Last quarter: 16 funds reduced or exited vs 12 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for DAO holders?

Smaller funds dominant — 2% AUM from top-100: 8 of 33 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held DAO?

55% of holders stayed for 2+ years: 18 out of 33 hedge funds have held DAO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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