NetEase
NTES
439 hedge funds and large institutions have $19B invested in NetEase in 2019 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 158 increasing their positions, 140 reducing their positions, and 22 closing their positions.
286% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 22
44% more funds holding in top 10
Funds holding in top 10: 18 → 26 (+8)
15% more funds holding
Funds holding: 382 → 439 (+57)
15% more capital invested
Capital invested by funds: $16.6B → $19B (+$2.45B)
13% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 140
0.04% less ownership
Funds ownership: 9.66% → 9.61% (-0.04%)
27% less call options, than puts
Call options by funds: $342M | Put options by funds: $468M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$355M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$263M |
| 3 |
Renaissance Technologies
New York
|
+$205M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$160M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$61.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$470M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$302M |
| 3 |
Coatue Management
New York
|
-$155M |
| 4 |
Goldman Sachs
New York
|
-$110M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
451
Capstone Investment Advisors
New York
| – | -$248K | -4,650 | Closed |
|
|
FIA
452
FNY Investment Advisers
New York
| – | -$51K | -960 | Closed |
|
|
UCFA
453
United Capital Financial Advisors
Irving,
Texas
| – | -$32K | -610 | Closed |
|
|
EWA
454
Evolution Wealth Advisors
Aventura,
Florida
| – | -$30K | -565 | Closed |
|
|
BL
455
Balentine LLC
Atlanta,
Georgia
| – | -$9K | -170 | Closed |
|
|
NFG
456
Next Financial Group
Houston,
Texas
| – | -$7.33K | -125 | -96% |
|
|
PHK
457
Point72 Hong Kong
Hong Kong
| – | -$5.86K | -100 | Closed |
|
|
CFB
458
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$4K | -70 | Closed |
|
|
NSIM
459
North Star Investment Management
Chicago,
Illinois
| – | -$1K | -10 | Closed |
|
|
LWM
460
Lionsbridge Wealth Management
Jacksonville Beach,
Florida
| – | +$586 | +10 | New |
|
NTES Hedge Fund Activity: Q4 2019 in Review
439 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2019, worth a combined $19B — up 15% from $16.6B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new NTES positions and 22 closed out — a net gain of 63 holders — while 158 added to existing stakes and 140 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $355M. The largest seller was Lazard Asset Management, cutting an estimated $470M.
- 439 institutional investors held NetEase (NTES) as of Q4 2019, up from 382 in Q3 2019.
- Funds reported $19B of NetEase stock for Q4 2019, up 15% quarter-over-quarter.
- 85 funds opened new NetEase positions in Q4 2019 and 22 closed out, a net change of +63 holders.
- The largest NetEase buyer in Q4 2019 was JP Morgan Chase, an estimated $355M added.
- The largest NetEase seller in Q4 2019 was Lazard Asset Management, an estimated $470M sold.
Based on aggregated 13F filings for Q4 2019.