NetEase
NTES
355 hedge funds and large institutions have $15.4B invested in NetEase in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 118 increasing their positions, 149 reducing their positions, and 85 closing their positions.
0.07% less ownership
Funds ownership: 9.33% → 9.26% (-0.07%)
11% less capital invested
Capital invested by funds: $17.2B → $15.4B (-$1.86B)
14% less funds holding
Funds holding: 411 → 355 (-56)
20% less funds holding in top 10
Funds holding in top 10: 25 → 20 (-5)
21% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 149
42% less call options, than puts
Call options by funds: $526M | Put options by funds: $914M
62% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$500M |
| 2 |
Alkeon Capital Management
New York
|
+$220M |
| 3 |
Lazard Asset Management
New York
|
+$157M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$140M |
| 5 |
Citigroup
New York
|
+$103M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$236M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$116M |
| 3 |
JP Morgan Chase
New York
|
-$100M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$81.7M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$74.1M |
NTES Hedge Fund Activity: Q2 2018 in Review
355 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q2 2018, worth a combined $15.4B — down 11% from $17.2B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of NTES and 32 opened new positions — a net loss of 53 holders — while 149 trimmed existing stakes and 118 added.
The largest buyer was Orbis Allan Gray, adding an estimated $500M. The largest seller was Nordea Investment Management, exiting entirely with an estimated $236M sold.
- 355 institutional investors held NetEase (NTES) as of Q2 2018, down from 411 in Q1 2018.
- Funds reported $15.4B of NetEase stock for Q2 2018, down 11% quarter-over-quarter.
- 32 funds opened new NetEase positions in Q2 2018 and 85 closed out, a net change of -53 holders.
- The largest NetEase buyer in Q2 2018 was Orbis Allan Gray, an estimated $500M added.
- The largest NetEase seller in Q2 2018 was Nordea Investment Management, an estimated $236M sold.
Based on aggregated 13F filings for Q2 2018.