NetEase
NTES
377 hedge funds and large institutions have $18.2B invested in NetEase in 2016 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 123 increasing their positions, 142 reducing their positions, and 19 closing their positions.
279% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 19
179% more call options, than puts
Call options by funds: $450M | Put options by funds: $161M
20% more funds holding in top 10
Funds holding in top 10: 30 → 36 (+6)
18% more capital invested
Capital invested by funds: $15.4B → $18.2B (+$2.79B)
14% more funds holding
Funds holding: 330 → 377 (+47)
13% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 142
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$151M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
+$103M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$90.1M |
| 4 |
ACM
Ariose Capital Management
Central, Hong Kong,
Hong Kong
|
+$84.9M |
| 5 |
Nomura Asset Management
Tokyo,
Japan
|
+$73.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$724M |
| 2 |
Lazard Asset Management
New York
|
-$234M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$224M |
| 4 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$221M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$131M |
NTES Hedge Fund Activity: Q3 2016 in Review
377 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2016, worth a combined $18.2B — up 18% from $15.4B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new NTES positions and 19 closed out — a net gain of 53 holders — while 123 added to existing stakes and 142 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $151M. The largest seller was Orbis Allan Gray, cutting an estimated $724M.
- 377 institutional investors held NetEase (NTES) as of Q3 2016, up from 330 in Q2 2016.
- Funds reported $18.2B of NetEase stock for Q3 2016, up 18% quarter-over-quarter.
- 72 funds opened new NetEase positions in Q3 2016 and 19 closed out, a net change of +53 holders.
- The largest NetEase buyer in Q3 2016 was Arrowstreet Capital, an estimated $151M added.
- The largest NetEase seller in Q3 2016 was Orbis Allan Gray, an estimated $724M sold.
Based on aggregated 13F filings for Q3 2016.