Vault-13

UDEMY INC UDMY

COM · Common Stock · CUSIP 902685106

104 institutional holders +2 vs Q1 2023
115,885,572115.9m shares reported held*
$1.2bnreported value*
23 new 37 added 25 reduced 22 sold out net bought ≈ $65.0m (+6.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.73. Options: 6 managers hold calls ($2.6m notional), 5 hold puts ($1.6m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 95Q4 22: 107Q1 23: 102Q2 23: 104104Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202295
Q4 2022107
Q1 2023102
Q2 2023104

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 58 bought or addedQ4 22: 31 cut or sold outQ4 22Q1 23: 57 bought or addedQ1 23: 46 cut or sold outQ1 23Q2 23: 60 bought or addedQ2 23: 47 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225831
Q1 20235746
Q2 20236047

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ3 22 calls: $1.1mQ3 22 puts: $6.9mQ3 22P/C 6.13Q4 22 calls: $1.2mQ4 22 puts: $2.4mQ4 22P/C 2.03Q1 23 calls: $2.3mQ1 23 puts: $3.0mQ1 23P/C 1.32Q2 23 calls: $2.6mQ2 23 puts: $1.6mQ2 23P/C 0.59
Numbers
QuarterCallsPutsP/C
Q3 2022$1.1m$6.9m6.13
Q4 2022$1.2m$2.4m2.03
Q1 2023$2.3m$3.0m1.32
Q2 2023$2.6m$1.6m0.59

Biggest buyers

Invenomic Capital Management LP Added +1,637,668+1.6m
Granahan Investment Management, LLC New +1,401,829+1.4m
Caledonia (Private) Investments Pty Ltd Added +1,244,881+1.2m
BlackRock Inc. Added +922,437+922.4k
Polar Asset Management Partners Inc. New +485,000+485.0k
BIT Capital GmbH New +474,638+474.6k
VANGUARD GROUP INC Added +325,590+325.6k
JACOBS LEVY EQUITY MANAGEMENT, INC Added +311,311+311.3k
ROYCE & ASSOCIATES LP New +307,639+307.6k
Bienville Capital Management, LLC New +293,584+293.6k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -471,139-471.1k
CITADEL ADVISORS LLC Reduced -400,602-400.6k
Cubist Systematic Strategies, LLC Sold out -289,719-289.7k
TUDOR INVESTMENT CORP ET AL Reduced -212,027-212.0k
Liberty Street Advisors, Inc. Sold out -163,448-163.4k
PKO Investment Management Joint-Stock Co Sold out -150,000-150.0k
STRS OHIO Reduced -133,200-133.2k
FIRST TRUST ADVISORS LP Sold out -103,900-103.9k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -98,469-98.5k
CREDIT SUISSE AG/ Reduced -84,908-84.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.9m178.2k shares
CITADEL ADVISORS LLC Added $478.6k44.6k shares
GROUP ONE TRADING LLC New $129.8k12.1k shares
Walleye Capital LLC New $120.2k11.2k shares
SIMPLEX TRADING, LLC Reduced $3.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $686.7k64.0k shares
CITADEL ADVISORS LLC Added $641.7k59.8k shares
SIMPLEX TRADING, LLC Reduced $218.0k20.4k shares
GROUP ONE TRADING LLC Unchanged $10.7k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Caledonia (Private) Investments Pty Ltd 13G · institution filed 2025-11-14 9.5% 14.0m 2025-11-14

Fell to 5% or below in the last year: GOLDMAN SACHS GROUP INC (0.0%, 2026-08-10), VANGUARD GROUP INC (0.0%, 2026-03-27), Prosus N.V. (0.0%, 2026-02-17)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Insight Holdings Group, LLC 10.42% of their portfolio NEW YORK, NY 42,032,26042.0m $451.0m $451.0m 10.42% Unchanged
2 NASPERS LTD 17.74% of their portfolio CAPETOWN, T3 17,120,84017.1m $183.7m $183.7m 17.74% Unchanged
3 Caledonia (Private) Investments Pty Ltd 2.31% of their portfolio Sydney Nsw, C3 9,838,0219.8m $105.6m $105.6m 2.31% Added +1.2m +1,244,881
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,426,5107.4m $79.7m $79.7m 0.00% Added +325.6k +325,590
5 Greenvale Capital LLP 5.24% of their portfolio LONDON, X0 6,450,0006.5m $69.2m $69.2m 5.24% Unchanged
6 NVP ASSOCIATES, LLC 58.30% of their portfolio MENLO PARK, CA 6,229,4666.2m $66.8m $66.8m 58.30% Unchanged
7 BlackRock Inc. 0.00% of their portfolio New York, NY 5,311,3575.3m $57.0m $57.0m 0.00% Added +922.4k +922,437
8 NewView Capital Partners I, LLC 37.65% of their portfolio Burlingame, CA 3,997,7914.0m $42.9m $42.9m 37.65% Unchanged
9 Founders Circle Capital LLC 25.46% of their portfolio Campbell, CA 2,241,0062.2m $24.0m $24.0m 25.46% Unchanged
10 Invenomic Capital Management LP 1.22% of their portfolio BOSTON, MA 2,037,0422.0m $21.9m $21.9m 1.22% Added +1.6m +1,637,668
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,623,7731.6m $17.4m $17.4m 0.00% Added +228.2k +228,241
12 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,468,6391.5m $15.8m $15.8m 0.00% Added +163.1k +163,099
13 Granahan Investment Management, LLC 0.46% of their portfolio WALTHAM, MA 1,401,8291.4m $15.0m $15.0m 0.46% New
14 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 718,713718.7k $7.7m $7.7m 0.00% Added +121.0k +120,975
15 CREDIT SUISSE AG/ 0.01% of their portfolio ZURICH, V8 691,423691.4k $7.4m $7.4m 0.01% Reduced -84.9k -84,908
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 548,270548.3k $5.9m $5.9m 0.00% Added +48.2k +48,163
17 Polar Asset Management Partners Inc. 0.10% of their portfolio TORONTO, A6 485,000485.0k $5.2m $5.2m 0.10% New
18 BIT Capital GmbH 0.59% of their portfolio BERLIN, 2M 474,638474.6k $5.1m $5.1m 0.59% New
19 JACOBS LEVY EQUITY MANAGEMENT, INC 0.02% of their portfolio FLORHAM PARK, NJ 334,623334.6k $3.6m $3.6m 0.02% Added +311.3k +311,311
20 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 333,220333.2k $3.6m $3.6m 0.00% Reduced -12.3k -12,269
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 328,360328.4k $3.5m $3.5m 0.00% Added +44.5k +44,515
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 310,999311.0k $3.3m $3.3m 0.00% Reduced -471.1k -471,139
23 ROYCE & ASSOCIATES LP 0.03% of their portfolio New York, NY 307,639307.6k $3.3m $3.3m 0.03% New
24 Bienville Capital Management, LLC 1.21% of their portfolio New York, NY 293,584293.6k $3.2m $3.2m 1.21% New
25 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 292,308292.3k $3.1m $3.1m 0.00% Added +66.6k +66,598
26 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 289,850289.9k $3.1m $3.1m 0.00% Reduced -8.5k -8,494
27 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 212,746212.7k $2.3m $2.3m 0.00% Added +18.3k +18,298
28 SYCOMORE ASSET MANAGEMENT 0.43% of their portfolio PARIS, I0 174,145174.1k $1.9m $1.9m 0.43% Unchanged
29 Amundi 0.00% of their portfolio Paris, I0 153,016153.0k $1.6m $1.6m 0.00% Reduced -33.7k -33,708
30 Swiss National Bank 0.00% of their portfolio ZURICH, V8 142,400142.4k $1.5m $1.5m 0.00% New
31 Parkwood LLC 0.26% of their portfolio CLEVELAND, OH 135,480135.5k $1.5m $1.5m 0.26% Unchanged
32 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 111,582111.6k $1.2m $1.2m 0.00% Added +16.9k +16,882
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 108,908108.9k $1.2m $1.2m 0.00% Added +19.9k +19,857
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 108,263108.3k $1.2m $1.2m 0.00% Added +69.0k +68,964
35 UBS Group AG 0.00% of their portfolio ZURICH, V8 104,917104.9k $1.1m $1.1m 0.00% Added +84.6k +84,633
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 102,078102.1k $1.1m $1.1m 0.00% Reduced -79.2k -79,206
37 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 98,94798.9k $1.1m $1.1m 0.04% Reduced -39.5k -39,482
38 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 98,47198.5k $1.1m $1.1m 0.00% Added +8.6k +8,555
39 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 92,01892.0k $987.0k $987.0k 0.01% Reduced -8.0k -7,982
40 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 86,09486.1k $923.8k $923.8k 0.00% Added +58.9k +58,943
41 PDT Partners, LLC 0.11% of their portfolio New York, NY 76,55976.6k $821.5k $821.5k 0.11% Reduced -14 -14
42 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 76,49576.5k $820.8k $820.8k 0.00% Reduced -36.4k -36,360
43 Trexquant Investment LP 0.02% of their portfolio STAMFORD, CT 73,32173.3k $786.7k $786.7k 0.02% Added +39.4k +39,360
44 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 72,34072.3k $776.2k $776.2k 0.00% Added +2.6k +2,640
45 Capula Management Ltd 0.09% of their portfolio Grand Cayman, E9 70,42070.4k $755.6k $755.6k 0.09% Not comparable
46 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 67,61767.6k $725.5k $725.5k 0.00% Added +5.6k +5,638
47 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 64,80064.8k $695.0k $695.0k 0.00% Reduced -133.2k -133,200
48 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 61,95462.0k $664.8k $664.8k 0.00% Added +24.7k +24,731
49 Legal & General Group Plc 0.00% of their portfolio London, X0 59,31059.3k $636.4k $636.4k 0.00% Added +50.6k +50,585
50 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 45,83445.8k $491.8k $491.8k 0.00% Added +6.8k +6,792
51 MOODY NATIONAL BANK TRUST DIVISION 0.03% of their portfolio GALVESTON, TX 44,68644.7k $479.5k $479.5k 0.03% New
52 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 41,30641.3k $443.2k $443.2k 0.00% Added +6.1k +6,061
53 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 37,74737.7k $405.0k $405.0k 0.00% Reduced -253 -253
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 36,52736.5k $391.9k $391.9k 0.00% Added +21.6k +21,624
55 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 36,39636.4k $390.4k $390.4k 0.00% New
56 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 36,31736.3k $389.7k $389.7k 0.00% Added +5.9k +5,883
57 Synergy Financial Group, LTD 0.52% of their portfolio SAN RAMON, CA 35,62535.6k $382.3k $382.3k 0.52% New
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 34,68634.7k $372.2k $372.2k 0.00% Added +9.2k +9,240
59 PUTNAM INVESTMENTS LLC 0.00% of their portfolio BOSTON, MA 33,62133.6k $360.8k $360.8k 0.00% Reduced -4.6k -4,603
60 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 30,94330.9k $332.0k $332.0k 0.01% Reduced -212.0k -212,027
61 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 28,87928.9k $309.9k $309.9k 0.00% Reduced -10.0k -9,959
62 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.06% of their portfolio DUBLIN 2, L2 28,67128.7k $307.6k $307.6k 0.06% Reduced -2.0k -2,049
63 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 28,24228.2k $303.0k $303.0k 0.00% Reduced -81.8k -81,752
64 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 28,07228.1k $301.2k $301.2k 0.00% Reduced -18.7k -18,680
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 27,20527.2k $291.9k $291.9k 0.00% Reduced -22.1k -22,119
66 Lombard Odier Asset Management (USA) Corp 0.03% of their portfolio New York, NY 24,61324.6k $264.1k $264.1k 0.03% New
67 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 24,36024.4k $261.4k $261.4k 0.00% Added +12.7k +12,650
68 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 22,91422.9k $245.9k $245.9k 0.01% New
69 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,25622.3k $238.0k $238.0k 0.00% New
70 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 21,11121.1k $226.5k $226.5k 0.00% Added +9.8k +9,805
71 JFG Wealth Management, LLC 0.07% of their portfolio Denver, CO 21,00021.0k $225.3k $225.3k 0.07% Unchanged
72 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 20,29920.3k $218.0k $218.0k 0.00% Reduced -3.5k -3,480
73 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 18,37318.4k $197.1k $197.1k 0.00% New
74 Cornerstone Investment Partners, LLC 0.01% of their portfolio ATLANTA, GA 17,93317.9k $192.4k $192.4k 0.01% Unchanged
75 Summit Trail Advisors, LLC 0.01% of their portfolio NEW YORK, NY 17,52117.5k $188.0k $188.0k 0.01% New
76 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 17,38317.4k $187.0k $187.0k 0.00% Added +3.6k +3,556
77 Vident Investment Advisory, LLC 0.01% of their portfolio Alpharetta, GA 17,23017.2k $184.9k $184.9k 0.01% New
78 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 15,69415.7k $168.3k $168.3k 0.00% New
79 HARBOR CAPITAL ADVISORS, INC. 0.03% of their portfolio CHICAGO, IL 15,33115.3k $164.5k $164.5k 0.03% New
80 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 12,50612.5k $134.0k $134.0k 0.00% Added +2.4k +2,356
81 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 11,89411.9k $127.6k $127.6k 0.00% New
82 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 11,30011.3k $121.2k $121.2k 0.00% Reduced -1.2k -1,200
83 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 11,16211.2k $119.8k $119.8k 0.00% New
84 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 10,29110.3k $110.4k $110.4k 0.00% New
85 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 10,13010.1k $108.7k $108.7k 0.00% New
86 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 7,0877.1k $76.0k $76.0k 0.00% Added +1.7k +1,675
87 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 5,7095.7k $61.0k $61.0k 0.00% New
88 NATIXIS 0.00% of their portfolio PARIS, I0 5,5765.6k $59.8k $59.8k 0.00% Unchanged
89 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 5,1335.1k $55.1k $55.1k 0.00% Reduced -3.6k -3,641
90 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 4,7504.8k $51.0k $51.0k 0.00% Added +799 +799
91 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,5454.5k $48.8k $48.8k 0.00% Added +1.7k +1,683
92 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 3,1003.1k $33.3k $33.3k 0.00% Added +33 +33
93 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 2,2662.3k $24.3k $24.3k 0.00% Unchanged
94 FMR LLC 0.00% of their portfolio BOSTON, MA 2,1012.1k $22.5k $22.5k 0.00% Reduced -2.0k -1,979
95 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 1,8101.8k $19.0k $19.0k 0.00% Reduced -400 -400
96 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 1,7001.7k $18.2k $18.2k 0.00% New
97 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 1,5961.6k $17.1k $17.1k 0.00% Reduced -400.6k -400,602
98 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 1,0001.0k $10.7k $10.7k 0.00% Unchanged
99 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 847847 $9.1k $9.1k 0.00% Unchanged
100 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 570570 $6.1k $6.1k 0.00% First filing