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Tencent Music
TME

257 hedge funds and large institutions have $10.9B invested in Tencent Music in 2020 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 36

54% more capital invested

Capital invested by funds: $7.09B → $10.9B (+$3.81B)

8% more funds holding

Funds holding: 239 → 257 (+18)

6.33% more ownership

Funds ownership: 35.83% → 42.16% (+6.3%)

9% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 78

6% more call options, than puts

Call options by funds: $164M | Put options by funds: $155M

0% more funds holding in top 10

Funds holding in top 10: 12 → 12 (0)

Holders
257
Holders Change
+18
Holders Change %
+7.53%
% of All Funds
4.55%
Holding in Top 10
12
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.21%
New
59
Increased
85
Reduced
78
Closed
36
Calls
$164M
Puts
$155M
Net Calls
+$9.04M
Net Calls Change
-$26.6M

Top Buyers

Rank Fund Capital Flow
1
CS
Credit Suisse
Switzerland
+$643M
2
Nomura Holdings
Nomura Holdings
Japan
+$488M
3
Goldman Sachs
Goldman Sachs
New York
+$266M
4
Deutsche Bank
Deutsche Bank
Germany
+$109M
5
Morgan Stanley
Morgan Stanley
New York
+$73.2M

Top Sellers

Rank Fund Capital Flow
1
MICM
Matthews International Capital Management
California
-$102M
2
N
Natixis
France
-$64.1M
3
Tiger Global Management
Tiger Global Management
New York
-$39.9M
4
HIP
Hengistbury Investment Partners
United Kingdom
-$39.4M
5
BAMCO Inc
BAMCO Inc
New York
-$33.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Carson Wealth (CWM LLC)
251
Carson Wealth (CWM LLC)
Nebraska
$3K – – –
SL
252
Savior LLC
Massachusetts
$3K – – –
PCG
253
Private Capital Group
Connecticut
$2K – – –
SCM
254
Somerset Capital Management
United Kingdom
$1K – – –
BCA
255
Berman Capital Advisors
Georgia
$1K +$1.5K +92 New
RCA
256
Ranch Capital Advisors
Florida
$1K +$1.63K +100 New
AIG
257
American International Group
New York
$92 – – –
Tiger Global Management
258
Tiger Global Management
New York
– -$39.9M -2,700,000 Closed
HIP
259
Hengistbury Investment Partners
United Kingdom
– -$39.4M -2,670,000 Closed
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
260
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
– -$14.8M -1,000,000 Closed
Ohio Public Employees Retirement System (OPERS)
261
Ohio Public Employees Retirement System (OPERS)
Ohio
– -$11.4M -773,834 Closed
Arrowstreet Capital
262
Arrowstreet Capital
Massachusetts
– -$10.5M -709,326 Closed
NP
263
NS Partners
United Kingdom
– -$6.12M -414,100 Closed
1832 Asset Management
264
1832 Asset Management
Ontario, Canada
– -$5.61M -374,430 Closed
Blackstone Inc
265
Blackstone Inc
New York
– -$5.17M -350,000 Closed
Grantham, Mayo, Van Otterloo & Co (GMO)
266
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
– -$3.97M -268,600 Closed
DA
267
Duality Advisers
Florida
– -$3.64M -246,750 Closed
Artisan Partners
268
Artisan Partners
Wisconsin
– -$3.09M -209,054 Closed
GH
269
GAM Holding
Switzerland
– -$2.28M -154,103 Closed
PTC
270
Philadelphia Trust Company
Pennsylvania
– -$2.27M -153,574 Closed
DT
271
Diversified Trust
Tennessee
– -$1.9M -128,893 Closed
MCM
272
Moore Capital Management
New York
– -$1.02M -68,978 Closed
DILIC
273
Dai-ichi Life Insurance Company
Japan
– -$812K -55,000 Closed
PCM
274
Prelude Capital Management
New York
– -$780K -52,791 Closed
Wolverine Trading
275
Wolverine Trading
Illinois
– -$665K -44,674 Closed
8 9 10
11
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TME Hedge Fund Activity: Q4 2020 in Review

257 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2020, worth a combined $10.9B — up 54% from $7.09B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new TME positions and 36 closed out — a net gain of 23 holders — while 85 added to existing stakes and 78 trimmed.

The largest buyer was Credit Suisse, adding an estimated $643M. The largest seller was Matthews International Capital Management, cutting an estimated $102M.

  • 257 institutional investors held Tencent Music (TME) as of Q4 2020, up from 239 in Q3 2020.
  • Funds reported $10.9B of Tencent Music stock for Q4 2020, up 54% quarter-over-quarter.
  • 59 funds opened new Tencent Music positions in Q4 2020 and 36 closed out, a net change of +23 holders.
  • The largest Tencent Music buyer in Q4 2020 was Credit Suisse, an estimated $643M added.
  • The largest Tencent Music seller in Q4 2020 was Matthews International Capital Management, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2020.