Hel Ved Capital Management’s Tencent Music TME Stock Holding History

Hel Ved Capital Management’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	–	Sell	-72,200	Closed	-$1.69M	–	88
2025 Q3	$1.69M	Buy	+72,200	New	+$1.67M	0.35%	51
2024 Q3	–	Sell	-345,000	Closed	-$4.85M	–	74
2024 Q2	$4.85M	Hold	345,000	–	–	1.32%	24
2024 Q1	$3.86M	Sell	345,000 -170,000	-33%	-$1.67M	0.96%	29
2023 Q4	$4.64M	Buy	+515,000	New	+$3.99M	1.34%	19

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

Hel Ved Capital Management's TME Position: Q4 2025 in Review

Hel Ved Capital Management sold out of Tencent Music (TME) in Q4 2025, closing a stake of 72,200 shares — an estimated $1.69M sold.

Hel Ved Capital Management first reported a position in TME in Q4 2023 and held it in 4 quarters. The position peaked at $4.85M in Q2 2024. 341 funds tracked by Wall St. Rank hold TME as of Q4 2025.

Hel Ved Capital Management reported no remaining Tencent Music position as of Q4 2025 after selling out during the quarter.
Hel Ved Capital Management sold 72,200 Tencent Music shares in Q4 2025, an estimated $1.69M.
Hel Ved Capital Management first reported a position in Tencent Music in Q4 2023 and held it in 4 quarters.
Hel Ved Capital Management's Tencent Music position peaked at $4.85M in Q2 2024.
341 funds tracked by Wall St. Rank held Tencent Music as of Q4 2025.

Based on Hel Ved Capital Management's 13F filing for Q4 2025, filed 13 Feb 2026.