NetEase
NTES
241 hedge funds and large institutions have $8.97B invested in NetEase in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 79 increasing their positions, 109 reducing their positions, and 54 closing their positions.
10% more call options, than puts
Call options by funds: $142M | Put options by funds: $128M
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
12% less funds holding
Funds holding: 273 → 241 (-32)
18% less capital invested
Capital invested by funds: $10.9B → $8.97B (-$1.94B)
28% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 109
54% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$127M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$52.3M |
| 3 |
SC
Sculptor Capital
New York
|
+$40.7M |
| 4 |
VAM
Vontobel Asset Management
New York
|
+$39.3M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$37.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair & Company
Chicago,
Illinois
|
-$179M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$88.8M |
| 3 |
Lazard Asset Management
New York
|
-$60.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$45.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$44.6M |
NTES Hedge Fund Activity: Q3 2015 in Review
241 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2015, worth a combined $8.97B — down 18% from $10.9B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of NTES and 25 opened new positions — a net loss of 29 holders — while 109 trimmed existing stakes and 79 added.
The largest buyer was Discovery Capital Management, adding an estimated $127M. The largest seller was William Blair & Company, cutting an estimated $179M.
- 241 institutional investors held NetEase (NTES) as of Q3 2015, down from 273 in Q2 2015.
- Funds reported $8.97B of NetEase stock for Q3 2015, down 18% quarter-over-quarter.
- 25 funds opened new NetEase positions in Q3 2015 and 54 closed out, a net change of -29 holders.
- The largest NetEase buyer in Q3 2015 was Discovery Capital Management, an estimated $127M added.
- The largest NetEase seller in Q3 2015 was William Blair & Company, an estimated $179M sold.
Based on aggregated 13F filings for Q3 2015.