NetEase
NTES
466 hedge funds and large institutions have $24.1B invested in NetEase in 2020 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 149 increasing their positions, 180 reducing their positions, and 44 closing their positions.
48% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 44
4% more funds holding
Funds holding: 447 → 466 (+19)
0.15% more ownership
Funds ownership: 9.02% → 9.16% (+0.15%)
3% less capital invested
Capital invested by funds: $25B → $24.1B (-$867M)
17% less repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 180
24% less funds holding in top 10
Funds holding in top 10: 29 → 22 (-7)
31% less call options, than puts
Call options by funds: $350M | Put options by funds: $507M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Genesis Investment Management
London,
United Kingdom
|
+$1.02B |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$791M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$749M |
| 4 |
HFM
Harvest Fund Management
Beijing,
China
|
+$325M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$178M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$807M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$508M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
-$506M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$245M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$209M |
NTES Hedge Fund Activity: Q3 2020 in Review
466 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2020, worth a combined $24.1B — down 3.5% from $25B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new NTES positions and 44 closed out — a net gain of 21 holders — while 149 added to existing stakes and 180 trimmed.
The largest buyer was Genesis Investment Management, adding an estimated $1.02B. The largest seller was Orbis Allan Gray, cutting an estimated $807M.
- 466 institutional investors held NetEase (NTES) as of Q3 2020, up from 447 in Q2 2020.
- Funds reported $24.1B of NetEase stock for Q3 2020, down 3.5% quarter-over-quarter.
- 65 funds opened new NetEase positions in Q3 2020 and 44 closed out, a net change of +21 holders.
- The largest NetEase buyer in Q3 2020 was Genesis Investment Management, an estimated $1.02B added.
- The largest NetEase seller in Q3 2020 was Orbis Allan Gray, an estimated $807M sold.
Based on aggregated 13F filings for Q3 2020.