GAM Holding’s Tencent Music TME Stock Holding History

GAM Holding’s Portfolio TME Stock Details TME Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	$947K	Sell	54,000 -122,000	-69%	-$2.47M	0.06%	202
2025 Q3	$4.11M	Sell	176,000 -45,000	-20%	-$1.04M	0.25%	98
2025 Q2	$4.31M	Buy	+221,000	New	+$3.47M	0.3%	89
2024 Q4	–	Sell	-183,000	Closed	-$2.21M	–	190
2024 Q3	$2.21M	Buy	183,000 +95,000	+108%	+$1.16M	0.18%	112
2024 Q2	$1.24M	Sell	88,000 -167,000	-65%	-$2.24M	0.09%	133
2024 Q1	$2.85M	Buy	+255,000	New	+$2.5M	0.21%	110
2023 Q3	–	Sell	-160,042	Closed	-$1.18M	–	195
2023 Q2	$1.18M	Sell	160,042 -570,001	-78%	-$4.31M	0.08%	160
2023 Q1	$6.04M	Sell	730,043 -399,957	-35%	-$3.27M	0.42%	79
2022 Q4	$9.36M	Buy	+1,130,000	New	+$6.35M	0.75%	42
2021 Q2	–	Sell	-1,111,004	Closed	-$22.8M	–	352
2021 Q1	$22.8M	Buy	+1,111,004	New	+$28.2M	1.06%	18
2020 Q4	–	Sell	-154,103	Closed	-$2.28M	–	334
2020 Q3	$2.28M	Sell	154,103 -65,897	-30%	-$1.03M	0.14%	194
2020 Q2	$2.96M	Buy	220,000 +63,993	+41%	+$758K	0.18%	164
2020 Q1	$1.57M	Buy	+156,007	New	+$1.92M	0.11%	208

Other funds holding TME

Schroder Investment Management Group London, United Kingdom $122B AUM 29.27% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

KFA

Krane Funds Advisors New York $2.44B AUM 12.99% 1-Year Est. Return

CCM

Cantillon Capital Management New York $15.1B AUM 23.54% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Overlook Investments Grand Cayman, Cayman Islands $278M AUM

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

GAM Holding's TME Position: Q4 2025 in Review

GAM Holding reduced its Tencent Music (TME) stake by 69% in Q4 2025, selling an estimated $2.47M and leaving 54,000 shares worth $947K. The position accounts for 0.06% of the portfolio, ranked #202.

GAM Holding first reported a position in TME in Q1 2020 and has held it in 13 quarters since. The position peaked at $22.8M in Q1 2021. 341 funds tracked by Wall St. Rank hold TME as of Q4 2025.

GAM Holding held 54,000 shares of Tencent Music worth $947K as of Q4 2025.
GAM Holding sold 122,000 Tencent Music shares in Q4 2025, an estimated $2.47M.
Tencent Music made up 0.06% of GAM Holding's portfolio in Q4 2025, its #202 holding.
GAM Holding first reported a position in Tencent Music in Q1 2020 and has held it in 13 quarters since.
GAM Holding's Tencent Music position peaked at $22.8M in Q1 2021.
341 funds tracked by Wall St. Rank held Tencent Music as of Q4 2025.

Based on GAM Holding's 13F filing for Q4 2025, filed 17 Feb 2026.