Tencent Music
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.
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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$643M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$488M |
| 3 |
Goldman Sachs
New York
|
+$266M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$109M |
| 5 |
Morgan Stanley
New York
|
+$73.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$102M |
| 2 |
N
Natixis
Paris,
France
|
-$64.1M |
| 3 |
Tiger Global Management
New York
|
-$39.9M |
| 4 |
HIP
Hengistbury Investment Partners
London,
United Kingdom
|
-$39.4M |
| 5 |
BAMCO Inc
New York
|
-$33.3M |
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.