NetEase
NTES
415 hedge funds and large institutions have $17.2B invested in NetEase in 2017 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 159 increasing their positions, 156 reducing their positions, and 72 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 156
0.29% less ownership
Funds ownership: 10.17% → 9.88% (-0.29%)
7% less funds holding
Funds holding: 446 → 415 (-31)
14% less capital invested
Capital invested by funds: $20.1B → $17.2B (-$2.89B)
21% less funds holding in top 10
Funds holding in top 10: 38 → 30 (-8)
32% less first-time investments, than exits
New positions opened: 49 | Existing positions closed: 72
39% less call options, than puts
Call options by funds: $672M | Put options by funds: $1.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$210M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$196M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$189M |
| 4 |
O
OppenheimerFunds
New York
|
+$186M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$155M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$617M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$180M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$105M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$98.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77M |
NTES Hedge Fund Activity: Q3 2017 in Review
415 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2017, worth a combined $17.2B — down 14% from $20.1B a quarter earlier.
Sellers outnumbered buyers: 72 funds closed out of NTES and 49 opened new positions — a net loss of 23 holders — while 156 trimmed existing stakes and 159 added.
The largest buyer was Fidelity Investments, adding an estimated $210M. The largest seller was Cornerstone Capital Management Holdings, cutting an estimated $617M.
- 415 institutional investors held NetEase (NTES) as of Q3 2017, down from 446 in Q2 2017.
- Funds reported $17.2B of NetEase stock for Q3 2017, down 14% quarter-over-quarter.
- 49 funds opened new NetEase positions in Q3 2017 and 72 closed out, a net change of -23 holders.
- The largest NetEase buyer in Q3 2017 was Fidelity Investments, an estimated $210M added.
- The largest NetEase seller in Q3 2017 was Cornerstone Capital Management Holdings, an estimated $617M sold.
Based on aggregated 13F filings for Q3 2017.