NetEase
NTES
393 hedge funds and large institutions have $15.2B invested in NetEase in 2016 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 142 increasing their positions, 138 reducing their positions, and 44 closing their positions.
52% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 44
10.62% more ownership
Funds ownership: 0% → 10.62% (+11%)
4% more funds holding
Funds holding: 377 → 393 (+16)
3% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 138
6% less funds holding in top 10
Funds holding in top 10: 36 → 34 (-2)
17% less capital invested
Capital invested by funds: $18.2B → $15.2B (-$3.01B)
44% less call options, than puts
Call options by funds: $150M | Put options by funds: $266M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$110M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$78.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$76.4M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$74.2M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$558M |
| 2 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$363M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$282M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$240M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$104M |
NTES Hedge Fund Activity: Q4 2016 in Review
393 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2016, worth a combined $15.2B — down 17% from $18.2B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new NTES positions and 44 closed out — a net gain of 23 holders — while 142 added to existing stakes and 138 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $110M. The largest seller was Orbis Allan Gray, cutting an estimated $558M.
- 393 institutional investors held NetEase (NTES) as of Q4 2016, up from 377 in Q3 2016.
- Funds reported $15.2B of NetEase stock for Q4 2016, down 17% quarter-over-quarter.
- 67 funds opened new NetEase positions in Q4 2016 and 44 closed out, a net change of +23 holders.
- The largest NetEase buyer in Q4 2016 was Wellington Management Group, an estimated $110M added.
- The largest NetEase seller in Q4 2016 was Orbis Allan Gray, an estimated $558M sold.
Based on aggregated 13F filings for Q4 2016.