NetEase
NTES
358 hedge funds and large institutions have $15B invested in NetEase in 2019 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 138 increasing their positions, 115 reducing their positions, and 45 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 115
9% more capital invested
Capital invested by funds: $13.7B → $15B (+$1.26B)
4% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 45
0.2% more ownership
Funds ownership: 9.15% → 9.35% (+0.2%)
0% less funds holding
Funds holding: 359 → 358 (-1)
13% less funds holding in top 10
Funds holding in top 10: 24 → 21 (-3)
15% less call options, than puts
Call options by funds: $336M | Put options by funds: $394M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$435M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$131M |
| 3 |
Morgan Stanley
New York
|
+$48M |
| 4 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$47.5M |
| 5 |
State Street
Boston,
Massachusetts
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$181M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$130M |
| 3 |
Alkeon Capital Management
New York
|
-$95.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$92.7M |
| 5 |
CGI
Comgest Global Investors
Paris,
France
|
-$55.9M |
NTES Hedge Fund Activity: Q1 2019 in Review
358 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q1 2019, worth a combined $15B — up 9.2% from $13.7B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NTES positions and 45 closed out — a net gain of 2 holders — while 138 added to existing stakes and 115 trimmed.
The largest buyer was HSBC Holdings, adding an estimated $435M. The largest seller was Baillie Gifford & Co, cutting an estimated $181M.
- 358 institutional investors held NetEase (NTES) as of Q1 2019, down from 359 in Q4 2018.
- Funds reported $15B of NetEase stock for Q1 2019, up 9.2% quarter-over-quarter.
- 47 funds opened new NetEase positions in Q1 2019 and 45 closed out, a net change of +2 holders.
- The largest NetEase buyer in Q1 2019 was HSBC Holdings, an estimated $435M added.
- The largest NetEase seller in Q1 2019 was Baillie Gifford & Co, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2019.