Youdao, Inc. (DAO) Ownership
DAO ownership summary
as of October 18, 2026- Institutions
- 27.6% of shares outstanding
- Insiders
- 13.36% of shares outstanding
- Shares outstanding
- 32.6M
- Float
- 27.5M shares available to trade
- Short interest
- 3.49% 790K shares short
- Days to cover
- 11.33 short interest up 1.2% vs prior month
- Institutions 27.63%
- Insiders 13.36%
- Other investors 59.02%
DAO top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Orbis Allan Gray Ltd | 5.44% | 6.6M | $119.2M | −175,227 (−2.6%) | June 30, 2026 |
| 2 | NetEase, Inc. | 2.40% | 2.9M | $52.6M | — | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 0.70% | 840K | $15.3M | +7,728 (+0.9%) | June 30, 2026 |
| 4 | Acadian Asset Management LLC | 0.19% | 227K | $4.1M | −68,170 (−23.1%) | June 30, 2026 |
| 5 | Vanguard Fiduciary Trust Co | 0.18% | 212K | $3.8M | — | June 30, 2026 |
| 6 | Connor Clark & Lunn Inv Mgmt Ltd | 0.18% | 211K | $3.8M | −14,809 (−6.6%) | June 30, 2026 |
| 7 | UBS Group AG | 0.05% | 66K | $1.2M | +10,710 (+19.5%) | June 30, 2026 |
| 8 | GSA Capital Partners LLP | 0.05% | 63K | $1.1M | −5,976 (−8.7%) | June 30, 2026 |
| 9 | Citadel Advisors Llc | 0.05% | 59K | $1.1M | +8,608 (+17.0%) | June 30, 2026 |
| 10 | Renaissance Technologies Corp | 0.05% | 59K | $1.1M | −4,900 (−7.7%) | June 30, 2026 |
| 11 | Qube Research & Technologies | 0.04% | 46K | $844,022 | −14,035 (−23.2%) | June 30, 2026 |
| 12 | California Public Employees Retrmnt Sys | 0.03% | 36K | $654,614 | −940 (−2.5%) | June 30, 2026 |
| 13 | Public Employees Retirement System Of Ohio | 0.02% | 28K | $510,369 | −237 (−0.8%) | June 30, 2026 |
| 14 | Amvescap Plc. | 0.02% | 24K | $431,191 | −3,301 (−12.2%) | June 30, 2026 |
| 15 | Savant Capital Management Inc | 0.01% | 14K | $246,468 | +13,572 (0.0%) | June 30, 2026 |
| 16 | Morgan Stanley - Brokerage Accounts | 0.01% | 6,883 | $124,995 | −15,291 (−69.0%) | June 30, 2026 |
| 17 | VANGUARD ASSET MANAGEMENT Ltd | <0.01% | 3,843 | $69,789 | — | June 30, 2026 |
| 18 | Tower Research Capital LLC | <0.01% | 2,957 | $53,699 | +2,089 (+240.7%) | June 30, 2026 |
| 19 | Compagnie Lombard, Odier SCA | <0.01% | 2,000 | $36,320 | — | June 30, 2026 |
| 20 | Rhumbline Advisers | <0.01% | 1,219 | $22,137 | — | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 5 holders added 43K shares and 10 cut 303K.
DAO top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Orbis SICAV Em Mkt Eq Inv | 5.44% | 6.6M | $119.2M | −36,611 (−0.6%) | March 31, 2026 |
| 2 | FS Greater China Select Fund(QDII) CNY | 0.31% | 368K | $6.7M | −131,838 (−26.4%) | June 30, 2026 |
| 3 | Vanguard Total Intl Stock Index Inv | 0.30% | 367K | $6.7M | −3,250 (−0.9%) | August 31, 2026 |
| 4 | Vanguard Emerging Mkts Stock Idx Inv | 0.29% | 346K | $6.3M | — | August 31, 2026 |
| 5 | Orbis Optimal (US$) Fund | 0.10% | 124K | $2.3M | +2,603 (+2.1%) | March 31, 2026 |
| 6 | Vanguard FTSE All-Wld ex-US SmCp Idx Ins | 0.09% | 104K | $1.9M | +5,412 (+5.5%) | August 31, 2026 |
| 7 | Avantis Emerging Markets Equity ETF | 0.03% | 34K | $612,609 | — | September 30, 2026 |
| 8 | Invesco Golden Dragon China ETF | 0.02% | 24K | $433,407 | — | September 30, 2026 |
| 9 | Vanguard Total World Stock ETF | 0.02% | 22K | $400,573 | — | August 31, 2026 |
| 10 | Dimensional Emerging Markets Cr Eq 2 ETF | 0.02% | 19K | $337,994 | — | September 30, 2026 |
| 11 | CC&L Q Emerging Markets Equity A USD Acc | 0.02% | 18K | $330,349 | −1,921 (−9.6%) | June 30, 2026 |
| 12 | Dimensional World ex US Core Eq 2 ETF | 0.01% | 15K | $281,099 | — | September 30, 2026 |
| 13 | DFA Emerging Markets Core Equity 2 I | 0.01% | 15K | $273,453 | — | August 31, 2026 |
| 14 | Even Herd Long Short ETF | 0.01% | 14K | $256,964 | — | September 30, 2026 |
| 15 | DFA Emerging Markets Small Cap I | 0.01% | 13K | $228,380 | +7,191 (+133.5%) | August 31, 2026 |
| 16 | State Street® SPDR® S&P® EM Sm Cp ETF | 0.01% | 12K | $210,656 | — | September 30, 2026 |
| 17 | ActivePassive International Equity ETF | 0.01% | 8,418 | $152,871 | — | September 30, 2026 |
| 18 | DFA World ex US Core Equity Instl | 0.01% | 7,669 | $139,269 | — | August 31, 2026 |
| 19 | DFA Emerging Markets Social Core Port | 0.01% | 7,159 | $130,007 | — | August 31, 2026 |
| 20 | Dimensional Emerging Core Equity Mkt ETF | 0.01% | 6,923 | $125,722 | — | September 30, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
DAO shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns DAO
Institutional investors own 27.6% of Youdao's shares and insiders 13.36%. The largest holder is Orbis Allan Gray Ltd with 5.44% of the shares (6.6M), as of June 30, 2026. Among the top 20 institutions, 5 added shares and 10 reduced their stake in the latest filings. Short interest is 3.49% of the float, or 11.33 days of average trading volume. The share count rose 21.7% since 2018.
Related: DAO analyst forecast. See the DAO stock overview for the latest quote and news.
DAO ownership FAQ
Who owns the most Youdao stock?
The largest shareholders of Youdao are Orbis Allan Gray Ltd (5.44%), NetEase, Inc. (2.40%), Vanguard Capital Management, LLC (0.70%), Acadian Asset Management LLC (0.19%), Vanguard Fiduciary Trust Co (0.18%).
What percentage of Youdao is owned by institutions?
Institutions hold 27.6% of Youdao's shares outstanding; insiders hold 13.36%.
Which funds own Youdao?
The largest fund holders of Youdao are Orbis SICAV Em Mkt Eq Inv (5.44%), FS Greater China Select Fund(QDII) CNY (0.31%), Vanguard Total Intl Stock Index Inv (0.30%), Vanguard Emerging Mkts Stock Idx Inv (0.29%), Orbis Optimal (US$) Fund (0.10%).
What is Youdao's short interest?
790K shares of Youdao were sold short, 3.49% of the float; at the average daily volume it would take 11.33 days to cover.
How many shares of Youdao are outstanding?
Youdao has 32.6M shares outstanding, of which 27.5M are in the public float.