NetEase
NTES
359 hedge funds and large institutions have $13.7B invested in NetEase in 2018 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 112 increasing their positions, 122 reducing their positions, and 43 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 15 → 24 (+9)
58% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 43
7% more funds holding
Funds holding: 337 → 359 (+22)
0.11% less ownership
Funds ownership: 9.26% → 9.15% (-0.11%)
1% less capital invested
Capital invested by funds: $13.9B → $13.7B (-$126M)
8% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 122
27% less call options, than puts
Call options by funds: $723M | Put options by funds: $986M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$136M |
| 2 |
VAM
Vontobel Asset Management
New York
|
+$124M |
| 3 |
Lazard Asset Management
New York
|
+$101M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$79.3M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$58.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$179M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$154M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$95.4M |
| 4 |
CGI
Comgest Global Investors
Paris,
France
|
-$61.3M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$55M |
NTES Hedge Fund Activity: Q4 2018 in Review
359 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2018, worth a combined $13.7B — down 0.91% from $13.9B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new NTES positions and 43 closed out — a net gain of 25 holders — while 112 added to existing stakes and 122 trimmed.
The largest buyer was BlackRock, adding an estimated $136M. The largest seller was HSBC Holdings, cutting an estimated $179M.
- 359 institutional investors held NetEase (NTES) as of Q4 2018, up from 337 in Q3 2018.
- Funds reported $13.7B of NetEase stock for Q4 2018, down 0.91% quarter-over-quarter.
- 68 funds opened new NetEase positions in Q4 2018 and 43 closed out, a net change of +25 holders.
- The largest NetEase buyer in Q4 2018 was BlackRock, an estimated $136M added.
- The largest NetEase seller in Q4 2018 was HSBC Holdings, an estimated $179M sold.
Based on aggregated 13F filings for Q4 2018.