NetEase
NTES
299 hedge funds and large institutions have $13.6B invested in NetEase in 2015 Q4 according to their latest regulatory filings, with 93 funds opening new positions, 101 increasing their positions, 79 reducing their positions, and 33 closing their positions.
182% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 33
71% more funds holding in top 10
Funds holding in top 10: 17 → 29 (+12)
52% more capital invested
Capital invested by funds: $8.97B → $13.6B (+$4.64B)
28% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 79
24% more funds holding
Funds holding: 241 → 299 (+58)
40% less call options, than puts
Call options by funds: $111M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$174M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$158M |
| 3 |
Alkeon Capital Management
New York
|
+$158M |
| 4 |
State Street
Boston,
Massachusetts
|
+$115M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$86.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$190M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$181M |
| 3 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$152M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$104M |
| 5 |
Renaissance Technologies
New York
|
-$91.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
326
QCM Cayman
Houston,
Texas
| – | -$232K | -9,670 | Closed |
|
|
YMRC
327
Yorktown Management & Research Company
Forest,
Virginia
| – | -$204K | -8,500 | Closed |
|
328
Walleye Trading
New York
| – | -$261K | -8,390 | Closed |
|
|
OAM
329
Orinda Asset Management
Lafayette,
California
| – | -$100K | -4,160 | Closed |
|
|
TRCT
330
Tower Research Capital (TRC)
New York
| – | -$40K | -1,655 | Closed |
|
|
IRS
331
Invictus RG (Singapore)
Singapore
| – | -$32K | -1,330 | Closed |
|
|
FNBT
332
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$12K | -500 | Closed |
|
NTES Hedge Fund Activity: Q4 2015 in Review
299 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2015, worth a combined $13.6B — up 52% from $8.97B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new NTES positions and 33 closed out — a net gain of 60 holders — while 101 added to existing stakes and 79 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $174M. The largest seller was Orbis Holdings, cutting an estimated $190M.
- 299 institutional investors held NetEase (NTES) as of Q4 2015, up from 241 in Q3 2015.
- Funds reported $13.6B of NetEase stock for Q4 2015, up 52% quarter-over-quarter.
- 93 funds opened new NetEase positions in Q4 2015 and 33 closed out, a net change of +60 holders.
- The largest NetEase buyer in Q4 2015 was BlackRock Institutional Trust, an estimated $174M added.
- The largest NetEase seller in Q4 2015 was Orbis Holdings, an estimated $190M sold.
Based on aggregated 13F filings for Q4 2015.