Virginia Retirement Systems’s Tencent Music TME Stock Holding History

Virginia Retirement Systems’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 Q3	–	Sell	-41,700	Closed	-$813K	–	1051
2025 Q2	$813K	Sell	41,700 -39,600	-49%	-$622K	0.01%	625
2025 Q1	$1.17M	Buy	+81,300	New	+$1.01M	0.01%	525
2023 Q3	$2.12M	Hold	332,700	–	–	0.02%	321
2023 Q2	$2.46M	Buy	332,700 +114,300	+52%	+$864K	0.02%	316
2023 Q1	$1.81M	Buy	218,400 +161,000	+280%	+$1.32M	0.02%	369
2022 Q4	$475K	Buy	57,400 +27,000	+89%	+$152K	0.01%	840
2022 Q3	$123K	Buy	+30,400	New	+$138K	﹤0.01%	1098

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

CCM

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

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

KFA

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

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 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

Virginia Retirement Systems's TME Position: Q3 2025 in Review

Virginia Retirement Systems sold out of Tencent Music (TME) in Q3 2025, closing a stake of 41,700 shares — an estimated $813K sold.

Virginia Retirement Systems first reported a position in TME in Q3 2022 and held it in 7 quarters. The position peaked at $2.46M in Q2 2023. 358 funds tracked by Wall St. Rank hold TME as of Q3 2025.

Virginia Retirement Systems reported no remaining Tencent Music position as of Q3 2025 after selling out during the quarter.
Virginia Retirement Systems sold 41,700 Tencent Music shares in Q3 2025, an estimated $813K.
Virginia Retirement Systems first reported a position in Tencent Music in Q3 2022 and held it in 7 quarters.
Virginia Retirement Systems's Tencent Music position peaked at $2.46M in Q2 2023.
358 funds tracked by Wall St. Rank held Tencent Music as of Q3 2025.

Based on Virginia Retirement Systems's 13F filing for Q3 2025, filed 20 Oct 2025.