NetEase
NTES
184 hedge funds and large institutions have $5.52B invested in NetEase in 2013 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 63 increasing their positions, 58 reducing their positions, and 37 closing their positions.
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more capital invested
Capital invested by funds: $5.06B → $5.52B (+$460M)
9% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 58
2% less funds holding
Funds holding: 188 → 184 (-4)
11% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 37
41% less call options, than puts
Call options by funds: $64.7M | Put options by funds: $109M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAM
Vontobel Asset Management
New York
|
+$97.9M |
| 2 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
+$71.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$59.3M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$56M |
| 5 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$253M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$55.7M |
| 3 |
Renaissance Technologies
New York
|
-$29.5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$28.4M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$20.9M |
NTES Hedge Fund Activity: Q4 2013 in Review
184 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2013, worth a combined $5.52B — up 9.1% from $5.06B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of NTES and 33 opened new positions — a net loss of 4 holders — while 58 trimmed existing stakes and 63 added.
The largest buyer was Vontobel Asset Management, adding an estimated $97.9M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $253M sold.
- 184 institutional investors held NetEase (NTES) as of Q4 2013, down from 188 in Q3 2013.
- Funds reported $5.52B of NetEase stock for Q4 2013, up 9.1% quarter-over-quarter.
- 33 funds opened new NetEase positions in Q4 2013 and 37 closed out, a net change of -4 holders.
- The largest NetEase buyer in Q4 2013 was Vontobel Asset Management, an estimated $97.9M added.
- The largest NetEase seller in Q4 2013 was OppenheimerFunds, an estimated $253M sold.
Based on aggregated 13F filings for Q4 2013.