NetEase Discloses $151.4M in Q4 Holdings: Youdao & AppLovin

TL;DR

**NetEase's Q4 13F shows significant holdings in Youdao and AppLovin, totaling over $151 million.**

AI Summary

NetEase, Inc. (CIK: 0001110646) filed a 13F-HR on February 5, 2024, for the period ending December 31, 2023, disclosing its holdings. The filing shows NetEase held 2,898,293 shares of YOUDAO INC SPONSORED ADS, valued at $11,419,274, and 3,513,331 shares of APPLOVIN CORP COM CL A, valued at $140,006,240. This matters to investors because it reveals NetEase's strategic investments in other companies, offering insight into their portfolio management and potential future collaborations or divestitures.

Why It Matters

This filing provides transparency into NetEase's investment strategy, showing where they are allocating capital and potentially signaling their outlook on specific sectors or companies.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of holdings and does not inherently indicate new risks, but rather provides transparency into existing investments.

Analyst Insight

Investors should note NetEase's significant holdings in Youdao and AppLovin, as these investments could influence NetEase's future financial performance or strategic direction. Monitoring subsequent 13F filings will reveal changes in these positions.

Key Numbers

• $11,419,274 — Value of YOUDAO INC SPONSORED ADS (Represents NetEase's investment in Youdao as of December 31, 2023.)
• 2,898,293 — Shares of YOUDAO INC SPONSORED ADS (The number of Youdao shares held by NetEase.)
• $140,006,240 — Value of APPLOVIN CORP COM CL A (Represents NetEase's investment in AppLovin as of December 31, 2023.)
• 3,513,331 — Shares of APPLOVIN CORP COM CL A (The number of AppLovin shares held by NetEase.)
• 20231231 — Conformed Period of Report (The date for which the reported holdings are accurate.)

Key Players & Entities

• NetEase, Inc. (company) — the filer of the 13F-HR
• William Lei Ding (person) — Chief Executive Officer of NetEase, Inc.
• YOUDAO INC SPONSORED ADS (company) — an investment held by NetEase
• APPLOVIN CORP COM CL A (company) — an investment held by NetEase
• $11,419,274 (dollar_amount) — value of NetEase's YOUDAO INC SPONSORED ADS holding
• $140,006,240 (dollar_amount) — value of NetEase's APPLOVIN CORP COM CL A holding

Forward-Looking Statements

• NetEase will continue to hold or increase its stake in AppLovin, given the substantial investment disclosed. (APPLOVIN CORP COM CL A) — medium confidence, target: 2024-03-31
• NetEase's investment in Youdao suggests continued strategic interest in the education technology sector. (YOUDAO INC SPONSORED ADS) — medium confidence, target: 2024-06-30

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• infotable.html (INFORMATION TABLE)
• infotable.xml (INFORMATION TABLE) — 1KB
• 0001104659-24-010318.txt ( ) — 5KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 12-31-2023 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: NetEase, Inc. Address: NetEase Building, No. 599 Wangshang Rd Binjiang District Hangzhou , F4   310052 Form 13F File Number: 028-22646 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: William Lei Ding Title: Chief Executive Officer Phone: 86-571-89853378 Signature, Place, and Date of Signing: /s/ William Lei Ding Hangzhou ,  F4 02-05-2024 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 2 Form 13F Information Table Value Total: 151,425,514 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR