Tencent Music
TME
247 hedge funds and large institutions have $2.92B invested in Tencent Music in 2021 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 52 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.63% less ownership
Funds ownership: 26.23% → 25.6% (-0.63%)
5% less funds holding
Funds holding: 259 → 247 (-12)
9% less capital invested
Capital invested by funds: $3.21B → $2.92B (-$284M)
19% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 52
30% less call options, than puts
Call options by funds: $90.2M | Put options by funds: $128M
Top Buyers
Top Sellers
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$45.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$45.1M |
| 3 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
-$44.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$34.1M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$23.2M |
TME Hedge Fund Activity: Q4 2021 in Review
247 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2021, worth a combined $2.92B — down 8.9% from $3.21B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of TME and 42 opened new positions — a net loss of 10 holders — while 81 trimmed existing stakes and 85 added.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $135M. The largest seller was American Century Companies, exiting entirely with an estimated $45.8M sold.
- 247 institutional investors held Tencent Music (TME) as of Q4 2021, down from 259 in Q3 2021.
- Funds reported $2.92B of Tencent Music stock for Q4 2021, down 8.9% quarter-over-quarter.
- 42 funds opened new Tencent Music positions in Q4 2021 and 52 closed out, a net change of -10 holders.
- The largest Tencent Music buyer in Q4 2021 was Canada Pension Plan Investment Board, an estimated $135M added.
- The largest Tencent Music seller in Q4 2021 was American Century Companies, an estimated $45.8M sold.
Based on aggregated 13F filings for Q4 2021.