NetEase
NTES
442 hedge funds and large institutions have $8.98B invested in NetEase in 2025 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 136 increasing their positions, 165 reducing their positions, and 56 closing their positions.
52% more call options, than puts
Call options by funds: $194M | Put options by funds: $127M
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
26% more capital invested
Capital invested by funds: $7.11B → $8.98B (+$1.87B)
23% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 56
2% more funds holding
Funds holding: 433 → 442 (+9)
0.99% more ownership
Funds ownership: 8.35% → 9.33% (+0.99%)
18% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 165
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$1.18B |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$89.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$85.9M |
| 4 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$27.1M |
| 5 |
TPC
Tiger Pacific Capital
New York
|
+$26.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$120M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$88.6M |
| 3 |
Dodge & Cox
San Francisco,
California
|
-$62.4M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$43.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.8M |
NTES Hedge Fund Activity: Q3 2025 in Review
442 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in NetEase (NTES) for Q3 2025, worth a combined $8.98B — up 26% from $7.11B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new NTES positions and 56 closed out — a net gain of 13 holders — while 136 added to existing stakes and 165 trimmed.
The largest buyer was UBS AM, adding an estimated $1.18B. The largest seller was HHLR Advisors, cutting an estimated $120M.
- 442 institutional investors held NetEase (NTES) as of Q3 2025, up from 433 in Q2 2025.
- Funds reported $8.98B of NetEase stock for Q3 2025, up 26% quarter-over-quarter.
- 69 funds opened new NetEase positions in Q3 2025 and 56 closed out, a net change of +13 holders.
- The largest NetEase buyer in Q3 2025 was UBS AM, an estimated $1.18B added.
- The largest NetEase seller in Q3 2025 was HHLR Advisors, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2025.