DAO Institutional Ownership
Who owns Youdao, Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 33 funds reported holding DAO at Jun 30, 2026.
- ▼12 buying vs 15 selling
- ▼Shares held by funds -2.7%
- ●Funds holding +0
- ●Superinvestors: 1 added, 1 cut
- ●Put/call not meaningful
What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.
Funds holding and ownership
8 quartersQuarter over quarter
all 13F filers| Q2 2026 | This quarter | Q1 2026 | Change |
|---|---|---|---|
| Funds holding | 33 | 33 | 0.0% |
| In funds' top 10 | 1 | 1 | 0.0% |
| 13F shares | 11.4M | 11.7M | −2.7% |
| Held by funds | – | – | – |
| New positions | 5 | 6 | −16.7% |
| Increased | 7 | 9 | −22.2% |
| Reduced | 11 | 10 | +10.0% |
| Sold out | 4 | 6 | −33.3% |
| Calls (shares) | 0 | 0 | – |
| Puts (shares) | 0 | 0 | – |
| Put/call ratio | – | – | – |
Buyers vs sellers
adding or new vs cutting or sold outSuperinvestors in DAO
All superinvestors →
Who owns DAO
share of fund held shares- Index and passive funds9.5%
- Active managers and hedge funds89.3%
- Banks and brokers0.6%
- Pensions, insurers and other0.6%
The top 10 holders own 98.5% of all DAO shares that funds reported. Groups are our own grouping of filers by name.
Filed so far for Q3 2026
3 funds changed their position- SBI Securities Co., Ltd.New+100 sh
- Nisa Investment Advisors, LLCAdded+79 sh
- Stone House Investment Management, LLCSold out−42 sh
Top holders
Q2 2026| # | Fund | Of company | Shares | Value | Change |
|---|---|---|---|---|---|
| 1 | Orbis Allan Gray Ltd | – | 6.6M | $80.7M | −175K |
| 2 | NetEase, Inc. | – | 2.9M | $35.6M | 0 |
| 3 | Vanguard Capital Management LLC | – | 840K | $10.3M | +7,728 |
| 4 | Acadian Asset Management LLC | – | 227K | $2.8M | −68K |
| 5 | Vanguard Fiduciary Trust Co | – | 212K | $2.6M | 0 |
| 6 | Connor, Clark & Lunn Investment Management Ltd. | – | 211K | $2.6M | −15K |
| 7 | UBS Group AG | – | 66K | $807K | +11K |
| 8 | Gsa Capital Partners LLP | – | 63K | $774K | −5,976 |
| 9 | Citadel Advisors LLC | – | 59K | $729K | +8,608 |
| 10 | Renaissance Technologies LLC | – | 59K | $721K | −4,900 |
- Savant Capital, LLC+14K sh+$150K
- UBS Group AG+11K sh+$132K
- Citadel Advisors LLC+8,608 sh+$106K
- Vanguard Capital Management LLC+7,728 sh+$95K
- Tower Research Capital LLC (TRC)+2,089 sh+$26K
- Rockefeller Capital Management L.P.+809 sh+$10K
- Quarry LP+215 sh+$3K
- Royal Bank of Canada+30 sh+$391
- Orbis Allan Gray Ltd−175K sh−$2.2M
- Acadian Asset Management LLC−68K sh−$837K
- Marshall Wace, LLP−46K sh−$455K
- Morgan Stanley−15K sh−$188K
- Connor, Clark & Lunn Investment Management Ltd.−15K sh−$182K
- Qube Research & Technologies Ltd−14K sh−$173K
- Vident Advisory, LLC−10K sh−$99K
- Gsa Capital Partners LLP−5,976 sh−$73K
DAO institutional ownership FAQ
Who owns the most DAO stock?
In Q2 2026 13F filings the largest holder of DAO was Orbis Allan Gray Ltd, followed by NetEase, Inc. and Vanguard Capital Management LLC. Index fund managers are usually the biggest holders of large companies.
What percentage of DAO is owned by institutions?
33 funds reported holding 11.4M DAO shares at Jun 30, 2026.
Are hedge funds buying DAO?
In Q2 2026, 12 funds bought DAO (5 of them new positions) and 15 sold (4 sold out completely). Among well known investors, 1 added and 1 cut. Our fund sentiment for DAO is bearish.
What is DAO's institutional put/call ratio?
Too few option positions were reported for a meaningful ratio.
How current is this DAO ownership data?
13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.