Perseverance Asset Management International’s Tencent Music TME Stock Holding History

Perseverance Asset Management International’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 Q2	–	Sell	-1,630,011	Closed	-$23.5M	–	19
2025 Q1	$23.5M	Hold	1,630,011	–	–	3.07%	7
2024 Q4	$18.5M	Sell	1,630,011 -155,861	-9%	-$1.85M	2.49%	12
2024 Q3	$21.5M	Sell	1,785,872 -1,755,349	-50%	-$21.5M	2.48%	12
2024 Q2	$49.8M	Buy	3,541,221 +51,840	+1%	+$696K	6.53%	6
2024 Q1	$39M	Sell	3,489,381 -33,866	-1%	-$332K	7.05%	5
2023 Q4	$31.7M	Buy	+3,523,247	New	+$27.3M	7.56%	5

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

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

CCM

Cantillon Capital Management New York $665M AUM 25.91% 1-Year Est. Return

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

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

KFA

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

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Perseverance Asset Management International's TME Position: Q2 2025 in Review

Perseverance Asset Management International sold out of Tencent Music (TME) in Q2 2025, closing a stake of 1,630,011 shares — an estimated $23.5M sold.

Perseverance Asset Management International first reported a position in TME in Q4 2023 and held it in 6 quarters. The position peaked at $49.8M in Q2 2024. 326 funds tracked by Wall St. Rank hold TME as of Q2 2025.

Perseverance Asset Management International reported no remaining Tencent Music position as of Q2 2025 after selling out during the quarter.
Perseverance Asset Management International sold 1,630,011 Tencent Music shares in Q2 2025, an estimated $23.5M.
Perseverance Asset Management International first reported a position in Tencent Music in Q4 2023 and held it in 6 quarters.
Perseverance Asset Management International's Tencent Music position peaked at $49.8M in Q2 2024.
326 funds tracked by Wall St. Rank held Tencent Music as of Q2 2025.

Based on Perseverance Asset Management International's 13F filing for Q2 2025, filed 14 Aug 2025.