NetEase
NTES
427 hedge funds and large institutions have $20.2B invested in NetEase in 2017 Q1 according to their latest regulatory filings, with 81 funds opening new positions, 138 increasing their positions, 164 reducing their positions, and 39 closing their positions.
108% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 39
33% more capital invested
Capital invested by funds: $15.2B → $20.2B (+$5.03B)
12% more funds holding in top 10
Funds holding in top 10: 34 → 38 (+4)
9% more funds holding
Funds holding: 393 → 427 (+34)
0.11% more ownership
Funds ownership: 10.62% → 10.72% (+0.11%)
16% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 164
45% less call options, than puts
Call options by funds: $248M | Put options by funds: $450M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.28B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$296M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$223M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$191M |
| 5 |
D.E. Shaw & Co
New York
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$566M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$281M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$216M |
| 4 |
Lazard Asset Management
New York
|
-$169M |
| 5 |
VAM
Vontobel Asset Management
New York
|
-$100M |
NTES Hedge Fund Activity: Q1 2017 in Review
427 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q1 2017, worth a combined $20.2B — up 33% from $15.2B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new NTES positions and 39 closed out — a net gain of 42 holders — while 138 added to existing stakes and 164 trimmed.
The largest buyer was BlackRock, adding an estimated $1.28B. The largest seller was Cornerstone Capital Management Holdings, cutting an estimated $566M.
- 427 institutional investors held NetEase (NTES) as of Q1 2017, up from 393 in Q4 2016.
- Funds reported $20.2B of NetEase stock for Q1 2017, up 33% quarter-over-quarter.
- 81 funds opened new NetEase positions in Q1 2017 and 39 closed out, a net change of +42 holders.
- The largest NetEase buyer in Q1 2017 was BlackRock, an estimated $1.28B added.
- The largest NetEase seller in Q1 2017 was Cornerstone Capital Management Holdings, an estimated $566M sold.
Based on aggregated 13F filings for Q1 2017.