NetEase
NTES
446 hedge funds and large institutions have $23.2B invested in NetEase in 2017 Q4 according to their latest regulatory filings, with 85 funds opening new positions, 122 increasing their positions, 187 reducing their positions, and 48 closing their positions.
77% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 48
35% more capital invested
Capital invested by funds: $17.2B → $23.2B (+$5.99B)
17% more funds holding in top 10
Funds holding in top 10: 30 → 35 (+5)
7% more funds holding
Funds holding: 415 → 446 (+31)
0.29% more ownership
Funds ownership: 9.88% → 10.17% (+0.29%)
34% less call options, than puts
Call options by funds: $739M | Put options by funds: $1.12B
35% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 187
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$832M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$466M |
| 3 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$422M |
| 4 |
UBS AM
Chicago,
Illinois
|
+$383M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$313M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$451M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$340M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$307M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$204M |
| 5 |
O
OppenheimerFunds
New York
|
-$181M |
NTES Hedge Fund Activity: Q4 2017 in Review
446 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q4 2017, worth a combined $23.2B — up 35% from $17.2B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new NTES positions and 48 closed out — a net gain of 37 holders — while 122 added to existing stakes and 187 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $832M. The largest seller was Renaissance Technologies, cutting an estimated $451M.
- 446 institutional investors held NetEase (NTES) as of Q4 2017, up from 415 in Q3 2017.
- Funds reported $23.2B of NetEase stock for Q4 2017, up 35% quarter-over-quarter.
- 85 funds opened new NetEase positions in Q4 2017 and 48 closed out, a net change of +37 holders.
- The largest NetEase buyer in Q4 2017 was Baillie Gifford & Co, an estimated $832M added.
- The largest NetEase seller in Q4 2017 was Renaissance Technologies, an estimated $451M sold.
Based on aggregated 13F filings for Q4 2017.