NetEase
NTES
431 hedge funds and large institutions have $19.7B invested in NetEase in 2020 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 163 increasing their positions, 154 reducing their positions, and 59 closing their positions.
12% more funds holding in top 10
Funds holding in top 10: 26 → 29 (+3)
6% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 154
3% more capital invested
Capital invested by funds: $19B → $19.7B (+$660M)
0.11% less ownership
Funds ownership: 9.61% → 9.5% (-0.11%)
8% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 59
2% less funds holding
Funds holding: 439 → 431 (-8)
33% less call options, than puts
Call options by funds: $161M | Put options by funds: $239M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$187M |
| 2 |
JP Morgan Chase
New York
|
+$164M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$163M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$101M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$543M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$415M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$214M |
| 4 |
Lazard Asset Management
New York
|
-$132M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$97.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFC
476
AFT Forsyth & Company
West Palm Beach,
Florida
| – | -$201K | -3,275 | Closed |
|
|
PAM
477
Paradigm Asset Management
New York
| – | -$138K | -2,250 | Closed |
|
|
MC
478
Martin Currie
Edinburgh,
United Kingdom
| – | -$115K | -1,745 | Closed |
|
|
TSW
479
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$70K | -1,135 | Closed |
|
480
Chevy Chase Trust
Bethesda,
Maryland
| – | -$53K | -870 | Closed |
|
|
MUS
481
Mitsubishi UFJ Securities
Tokyo,
Japan
| – | -$46K | -750 | Closed |
|
|
FIB
482
First Interstate Bank
Billings,
Montana
| – | -$37K | -600 | Closed |
|
|
OCM
483
Ovata Capital Management
Hong Kong
| – | -$28.2K | -460 | Closed |
|
484
First Manhattan
New York
| – | -$15K | -250 | Closed |
|
|
PCIA
485
Prime Capital Investment Advisors
Overland Park,
Kansas
| – | -$13K | -220 | Closed |
|
|
CCM
486
Covington Capital Management
Los Angeles,
California
| – | -$11K | -185 | Closed |
|
|
HWA
487
Heritage Wealth Advisors
Richmond,
Virginia
| – | -$1.84K | -30 | Closed |
|
|
FHA
488
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -25 | Closed |
|
NTES Hedge Fund Activity: Q1 2020 in Review
431 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q1 2020, worth a combined $19.7B — up 3.5% from $19B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of NTES and 54 opened new positions — a net loss of 5 holders — while 154 trimmed existing stakes and 163 added.
The largest buyer was UBS AM, adding an estimated $187M. The largest seller was Orbis Allan Gray, cutting an estimated $543M.
- 431 institutional investors held NetEase (NTES) as of Q1 2020, down from 439 in Q4 2019.
- Funds reported $19.7B of NetEase stock for Q1 2020, up 3.5% quarter-over-quarter.
- 54 funds opened new NetEase positions in Q1 2020 and 59 closed out, a net change of -5 holders.
- The largest NetEase buyer in Q1 2020 was UBS AM, an estimated $187M added.
- The largest NetEase seller in Q1 2020 was Orbis Allan Gray, an estimated $543M sold.
Based on aggregated 13F filings for Q1 2020.