NetEase
NTES
170 hedge funds and large institutions have $5.88B invested in NetEase in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 18 closing their positions.
9% more capital invested
Capital invested by funds: $5.4B → $5.88B (+$479M)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
5% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 58
1% more funds holding
Funds holding: 169 → 170 (+1)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
40% less call options, than puts
Call options by funds: $44.2M | Put options by funds: $74.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$82.9M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$68.1M |
| 3 |
Lazard Asset Management
New York
|
+$38.7M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$14.3M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$122M |
| 2 |
CAM
Coronation Asset Management
Cape Town,
South Africa
|
-$33M |
| 3 |
TGA
Trilogy Global Advisors
Winter Park,
Florida
|
-$30.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$26.4M |
| 5 |
FI
Fosun International
Hong Kong,
China
|
-$12.1M |
NTES Hedge Fund Activity: Q3 2014 in Review
170 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2014, worth a combined $5.88B — up 8.9% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NTES positions and 18 closed out — a net gain of 1 holder — while 61 added to existing stakes and 58 trimmed.
The largest buyer was Invesco, adding an estimated $82.9M. The largest seller was Orbis Holdings, cutting an estimated $122M.
- 170 institutional investors held NetEase (NTES) as of Q3 2014, up from 169 in Q2 2014.
- Funds reported $5.88B of NetEase stock for Q3 2014, up 8.9% quarter-over-quarter.
- 19 funds opened new NetEase positions in Q3 2014 and 18 closed out, a net change of +1 holder.
- The largest NetEase buyer in Q3 2014 was Invesco, an estimated $82.9M added.
- The largest NetEase seller in Q3 2014 was Orbis Holdings, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2014.