NetEase
NTES
169 hedge funds and large institutions have $5.4B invested in NetEase in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 60 increasing their positions, 53 reducing their positions, and 32 closing their positions.
16% more capital invested
Capital invested by funds: $4.67B → $5.4B (+$725M)
13% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
5% less funds holding
Funds holding: 178 → 169 (-9)
22% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 32
24% less call options, than puts
Call options by funds: $45M | Put options by funds: $59.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$173M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$102M |
| 3 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$73.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$67.4M |
| 5 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$317M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$80.9M |
| 3 |
Morgan Stanley
New York
|
-$33.4M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$22.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$18M |
NTES Hedge Fund Activity: Q2 2014 in Review
169 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q2 2014, worth a combined $5.4B — up 16% from $4.67B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of NTES and 25 opened new positions — a net loss of 7 holders — while 53 trimmed existing stakes and 60 added.
The largest buyer was Lazard Asset Management, adding an estimated $173M. The largest seller was Capital Research Global Investors, cutting an estimated $317M.
- 169 institutional investors held NetEase (NTES) as of Q2 2014, down from 178 in Q1 2014.
- Funds reported $5.4B of NetEase stock for Q2 2014, up 16% quarter-over-quarter.
- 25 funds opened new NetEase positions in Q2 2014 and 32 closed out, a net change of -7 holders.
- The largest NetEase buyer in Q2 2014 was Lazard Asset Management, an estimated $173M added.
- The largest NetEase seller in Q2 2014 was Capital Research Global Investors, an estimated $317M sold.
Based on aggregated 13F filings for Q2 2014.