NetEase
NTES
382 hedge funds and large institutions have $16.6B invested in NetEase in 2019 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 129 increasing their positions, 140 reducing their positions, and 46 closing their positions.
13% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 46
6% more capital invested
Capital invested by funds: $15.7B → $16.6B (+$934M)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
1% more funds holding
Funds holding: 378 → 382 (+4)
0.1% more ownership
Funds ownership: 9.56% → 9.66% (+0.1%)
8% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 140
24% less call options, than puts
Call options by funds: $312M | Put options by funds: $409M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$188M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$121M |
| 3 |
CGI
Comgest Global Investors
Paris,
France
|
+$120M |
| 4 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
+$94.2M |
| 5 |
Renaissance Technologies
New York
|
+$77.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$247M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$93.3M |
| 3 |
BlackRock
New York
|
-$74.3M |
| 4 |
Coatue Management
New York
|
-$60.5M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$57.5M |
NTES Hedge Fund Activity: Q3 2019 in Review
382 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2019, worth a combined $16.6B — up 6% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NTES positions and 46 closed out — a net gain of 6 holders — while 129 added to existing stakes and 140 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $188M. The largest seller was Orbis Allan Gray, cutting an estimated $247M.
- 382 institutional investors held NetEase (NTES) as of Q3 2019, up from 378 in Q2 2019.
- Funds reported $16.6B of NetEase stock for Q3 2019, up 6% quarter-over-quarter.
- 52 funds opened new NetEase positions in Q3 2019 and 46 closed out, a net change of +6 holders.
- The largest NetEase buyer in Q3 2019 was JP Morgan Chase, an estimated $188M added.
- The largest NetEase seller in Q3 2019 was Orbis Allan Gray, an estimated $247M sold.
Based on aggregated 13F filings for Q3 2019.