NetEase
NTES
383 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, 141 reducing their positions, and 45 closing their positions.
16% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 45
12% more funds holding in top 10
Funds holding in top 10: 17 → 19 (+2)
1% more funds holding
Funds holding: 378 → 383 (+5)
4% more capital invested
Capital invested by funds: $16B → $16.6B (+$563M)
0.13% less ownership
Funds ownership: 9.79% → 9.66% (-0.13%)
9% less repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 141
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 |
Schroder Investment Management Group
London,
United Kingdom
|
-$335M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$247M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$93.3M |
| 4 |
BlackRock
New York
|
-$74.3M |
| 5 |
Coatue Management
New York
|
-$60.5M |
NTES Hedge Fund Activity: Q3 2019 in Review
383 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2019, worth a combined $16.6B — up 3.5% from $16B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NTES positions and 45 closed out — a net gain of 7 holders — while 129 added to existing stakes and 141 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $188M. The largest seller was Schroder Investment Management Group, cutting an estimated $335M.
- 383 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 3.5% quarter-over-quarter.
- 52 funds opened new NetEase positions in Q3 2019 and 45 closed out, a net change of +7 holders.
- The largest NetEase buyer in Q3 2019 was JP Morgan Chase, an estimated $188M added.
- The largest NetEase seller in Q3 2019 was Schroder Investment Management Group, an estimated $335M sold.
Based on aggregated 13F filings for Q3 2019.