NetEase
NTES
447 hedge funds and large institutions have $25B invested in NetEase in 2020 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 150 increasing their positions, 168 reducing their positions, and 54 closing their positions.
33% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 54
27% more capital invested
Capital invested by funds: $19.7B → $25B (+$5.28B)
4% more funds holding
Funds holding: 431 → 447 (+16)
0% more funds holding in top 10
Funds holding in top 10: 29 → 29 (0)
0.48% less ownership
Funds ownership: 9.5% → 9.02% (-0.48%)
11% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 168
24% less call options, than puts
Call options by funds: $316M | Put options by funds: $416M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$336M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$204M |
| 3 |
BlackRock
New York
|
+$182M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$141M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$320M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$315M |
| 3 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$266M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$238M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$129M |
NTES Hedge Fund Activity: Q2 2020 in Review
447 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q2 2020, worth a combined $25B — up 27% from $19.7B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new NTES positions and 54 closed out — a net gain of 18 holders — while 150 added to existing stakes and 168 trimmed.
The largest buyer was UBS AM, adding an estimated $336M. The largest seller was Lazard Asset Management, cutting an estimated $320M.
- 447 institutional investors held NetEase (NTES) as of Q2 2020, up from 431 in Q1 2020.
- Funds reported $25B of NetEase stock for Q2 2020, up 27% quarter-over-quarter.
- 72 funds opened new NetEase positions in Q2 2020 and 54 closed out, a net change of +18 holders.
- The largest NetEase buyer in Q2 2020 was UBS AM, an estimated $336M added.
- The largest NetEase seller in Q2 2020 was Lazard Asset Management, an estimated $320M sold.
Based on aggregated 13F filings for Q2 2020.