NetEase
NTES
430 hedge funds and large institutions have $19.7B invested in NetEase in 2020 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 162 increasing their positions, 155 reducing their positions, and 59 closing their positions.
7% more funds holding in top 10
Funds holding in top 10: 27 → 29 (+2)
5% more repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 155
3% more capital invested
Capital invested by funds: $19B → $19.7B (+$637M)
0.12% less ownership
Funds ownership: 9.62% → 9.49% (-0.12%)
2% less funds holding
Funds holding: 440 → 430 (-10)
10% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 59
33% less call options, than puts
Call options by funds: $161M | Put options by funds: $239M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$187M |
| 2 |
JP Morgan Chase
New York
|
+$164M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$163M |
| 4 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$101M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$78.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$543M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$415M |
| 3 |
VAM
Vontobel Asset Management
New York
|
-$214M |
| 4 |
Lazard Asset Management
New York
|
-$132M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$97.7M |
NTES Hedge Fund Activity: Q1 2020 in Review
430 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q1 2020, worth a combined $19.7B — up 3.3% from $19B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of NTES and 53 opened new positions — a net loss of 6 holders — while 155 trimmed existing stakes and 162 added.
The largest buyer was UBS AM, adding an estimated $187M. The largest seller was Orbis Allan Gray, cutting an estimated $543M.
- 430 institutional investors held NetEase (NTES) as of Q1 2020, down from 440 in Q4 2019.
- Funds reported $19.7B of NetEase stock for Q1 2020, up 3.3% quarter-over-quarter.
- 53 funds opened new NetEase positions in Q1 2020 and 59 closed out, a net change of -6 holders.
- The largest NetEase buyer in Q1 2020 was UBS AM, an estimated $187M added.
- The largest NetEase seller in Q1 2020 was Orbis Allan Gray, an estimated $543M sold.
Based on aggregated 13F filings for Q1 2020.