NetEase
NTES
311 hedge funds and large institutions have $7.2B invested in NetEase in 2023 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 107 increasing their positions, 99 reducing their positions, and 48 closing their positions.
206% more call options, than puts
Call options by funds: $174M | Put options by funds: $57M
17% more capital invested
Capital invested by funds: $6.14B → $7.2B (+$1.06B)
10% more funds holding in top 10
Funds holding in top 10: 10 → 11 (+1)
8% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 99
0.16% less ownership
Funds ownership: 2.61% → 2.46% (-0.16%)
8% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 48
3% less funds holding
Funds holding: 320 → 311 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$64.3M |
| 2 |
JP Morgan Chase
New York
|
+$47.1M |
| 3 |
Goldman Sachs
New York
|
+$43M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$41.7M |
| 5 |
PAMI
Perseverance Asset Management International
George Town,
Cayman Islands
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$252M |
| 2 |
Man Group
London,
United Kingdom
|
-$65M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$57.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.1M |
| 5 |
State Street
Boston,
Massachusetts
|
-$42.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
351
Coppell Advisory Solutions
Coppell,
Texas
| – | -$1.45K | -20 | Closed |
|
|
CASC
352
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$1.45K | -20 | Closed |
|
|
SSG
353
Summit Securities Group
New York
| – | -$1K | -20 | Closed |
|
|
FA
354
Fiduciary Alliance
Greenville,
South Carolina
| – | -$1.16K | -16 | Closed |
|
|
NA
355
NewEdge Advisors
New Orleans,
Louisiana
| – | -$726 | -10 | Closed |
|
|
ASN
356
Advisory Services Network
Atlanta,
Georgia
| – | -$629 | -9 | Closed |
|
357
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$86 | +1 | New |
|
NTES Hedge Fund Activity: Q1 2023 in Review
311 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q1 2023, worth a combined $7.2B — up 17% from $6.14B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of NTES and 44 opened new positions — a net loss of 4 holders — while 99 trimmed existing stakes and 107 added.
The largest buyer was Nuveen, opening a new position worth an estimated $64.3M. The largest seller was Orbis Allan Gray, cutting an estimated $252M.
- 311 institutional investors held NetEase (NTES) as of Q1 2023, down from 320 in Q4 2022.
- Funds reported $7.2B of NetEase stock for Q1 2023, up 17% quarter-over-quarter.
- 44 funds opened new NetEase positions in Q1 2023 and 48 closed out, a net change of -4 holders.
- The largest NetEase buyer in Q1 2023 was Nuveen, an estimated $64.3M added.
- The largest NetEase seller in Q1 2023 was Orbis Allan Gray, an estimated $252M sold.
Based on aggregated 13F filings for Q1 2023.