NetEase
NTES
188 hedge funds and large institutions have $4.94B invested in NetEase in 2013 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 57 increasing their positions, 54 reducing their positions, and 16 closing their positions.
250% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 16
26% more funds holding
Funds holding: 149 → 188 (+39)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more capital invested
Capital invested by funds: $4.28B → $4.94B (+$655M)
6% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 54
38% less call options, than puts
Call options by funds: $48.7M | Put options by funds: $78.7M
Top Buyers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$98.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$73.5M |
| 3 |
Renaissance Technologies
New York
|
+$51.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$50.1M |
| 5 |
Morgan Stanley
New York
|
+$45.3M |
Top Sellers
| 1 |
O
OppenheimerFunds
New York
|
-$154M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$112M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$89.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$78.3M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$31.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
201
Scotia Capital
Toronto,
Ontario, Canada
| – | -$278K | -22,000 | Closed |
|
|
PCM
202
Prelude Capital Management
New York
| – | -$38K | -3,000 | Closed |
|
|
FHA
203
First Horizon Advisors
Memphis,
Tennessee
| – | -$5K | -400 | Closed |
|
204
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -90 | Closed |
|
NTES Hedge Fund Activity: Q3 2013 in Review
188 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2013, worth a combined $4.94B — up 15% from $4.28B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new NTES positions and 16 closed out — a net gain of 40 holders — while 57 added to existing stakes and 54 trimmed.
The largest buyer was Fidelity International, adding an estimated $98.7M. The largest seller was OppenheimerFunds, cutting an estimated $154M.
- 188 institutional investors held NetEase (NTES) as of Q3 2013, up from 149 in Q2 2013.
- Funds reported $4.94B of NetEase stock for Q3 2013, up 15% quarter-over-quarter.
- 56 funds opened new NetEase positions in Q3 2013 and 16 closed out, a net change of +40 holders.
- The largest NetEase buyer in Q3 2013 was Fidelity International, an estimated $98.7M added.
- The largest NetEase seller in Q3 2013 was OppenheimerFunds, an estimated $154M sold.
Based on aggregated 13F filings for Q3 2013.