NetEase
NTES
273 hedge funds and large institutions have $10.9B invested in NetEase in 2015 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 82 increasing their positions, 94 reducing their positions, and 18 closing their positions.
300% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 18
56% more call options, than puts
Call options by funds: $288M | Put options by funds: $185M
36% more funds holding in top 10
Funds holding in top 10: 14 → 19 (+5)
30% more capital invested
Capital invested by funds: $8.39B → $10.9B (+$2.51B)
24% more funds holding
Funds holding: 220 → 273 (+53)
13% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$181M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$147M |
| 3 |
Neuberger Berman Group
New York
|
+$78.4M |
| 4 |
Morgan Stanley
New York
|
+$77.2M |
| 5 |
VP
Value Partners
Hong Kong
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$515M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$330M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$253M |
| 4 |
CGI
Comgest Global Investors
Paris,
France
|
-$115M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
-$62.9M |
NTES Hedge Fund Activity: Q2 2015 in Review
273 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q2 2015, worth a combined $10.9B — up 30% from $8.39B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new NTES positions and 18 closed out — a net gain of 54 holders — while 82 added to existing stakes and 94 trimmed.
The largest buyer was Cornerstone Capital Management Holdings, adding an estimated $181M. The largest seller was Lazard Asset Management, cutting an estimated $515M.
- 273 institutional investors held NetEase (NTES) as of Q2 2015, up from 220 in Q1 2015.
- Funds reported $10.9B of NetEase stock for Q2 2015, up 30% quarter-over-quarter.
- 72 funds opened new NetEase positions in Q2 2015 and 18 closed out, a net change of +54 holders.
- The largest NetEase buyer in Q2 2015 was Cornerstone Capital Management Holdings, an estimated $181M added.
- The largest NetEase seller in Q2 2015 was Lazard Asset Management, an estimated $515M sold.
Based on aggregated 13F filings for Q2 2015.