Federated Hermes’s Tencent Music TME Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2024
Q4
Sell
-6,152,478
Closed -$74.1M 2190
2024
Q3
$74.1M Buy
6,152,478
+238,207
+4% +$2.92M 0.16% 167
2024
Q2
$83.1M Sell
5,914,271
-2,898,073
-33% -$38.9M 0.2% 126
2024
Q1
$98.6M Buy
8,812,344
+8,513,766
+2,851% +$83.5M 0.23% 116
2023
Q4
$2.69M Buy
+298,578
New +$2.31M 0.01% 871
2022
Q2
Sell
-6,735,840
Closed -$32.8M 2277
2022
Q1
$32.8M Buy
6,735,840
+5,480,718
+437% +$30.8M 0.07% 326
2021
Q4
$8.6M Buy
+1,255,122
New +$9.25M 0.02% 683

Other funds holding TME

Federated Hermes's TME Position: Q4 2024 in Review

Federated Hermes sold out of Tencent Music (TME) in Q4 2024, closing a stake of 6,152,478 shares — an estimated $74.1M sold.

Federated Hermes first reported a position in TME in Q4 2021 and held it in 6 quarters. The position peaked at $98.6M in Q1 2024. 297 funds tracked by Wall St. Rank hold TME as of Q4 2024.

  • Federated Hermes reported no remaining Tencent Music position as of Q4 2024 after selling out during the quarter.
  • Federated Hermes sold 6,152,478 Tencent Music shares in Q4 2024, an estimated $74.1M.
  • Federated Hermes first reported a position in Tencent Music in Q4 2021 and held it in 6 quarters.
  • Federated Hermes's Tencent Music position peaked at $98.6M in Q1 2024.
  • 297 funds tracked by Wall St. Rank held Tencent Music as of Q4 2024.

Based on Federated Hermes's 13F filing for Q4 2024, filed 13 Feb 2025.