NetEase
NTES
331 hedge funds and large institutions have $7.41B invested in NetEase in 2023 Q2 according to their latest regulatory filings, with 59 funds opening new positions, 106 increasing their positions, 98 reducing their positions, and 37 closing their positions.
59% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 37
50% more call options, than puts
Call options by funds: $92.2M | Put options by funds: $61.6M
36% more funds holding in top 10
Funds holding in top 10: 11 → 15 (+4)
6% more funds holding
Funds holding: 311 → 331 (+20)
8% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 98
3% more capital invested
Capital invested by funds: $7.2B → $7.41B (+$212M)
0.09% less ownership
Funds ownership: 2.46% → 2.36% (-0.09%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$103M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$66.7M |
| 3 |
GAMH
Greenwoods Asset Management (HK)
Hong Kong
|
+$48M |
| 4 |
Morgan Stanley
New York
|
+$33.7M |
| 5 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$26.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$332M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$148M |
| 3 |
Goldman Sachs
New York
|
-$38.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$33.5M |
NTES Hedge Fund Activity: Q2 2023 in Review
331 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q2 2023, worth a combined $7.41B — up 2.9% from $7.2B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new NTES positions and 37 closed out — a net gain of 22 holders — while 106 added to existing stakes and 98 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $103M. The largest seller was Dodge & Cox, cutting an estimated $332M.
- 331 institutional investors held NetEase (NTES) as of Q2 2023, up from 311 in Q1 2023.
- Funds reported $7.41B of NetEase stock for Q2 2023, up 2.9% quarter-over-quarter.
- 59 funds opened new NetEase positions in Q2 2023 and 37 closed out, a net change of +22 holders.
- The largest NetEase buyer in Q2 2023 was Man Group, an estimated $103M added.
- The largest NetEase seller in Q2 2023 was Dodge & Cox, an estimated $332M sold.
Based on aggregated 13F filings for Q2 2023.