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Tencent Music
TME

255 hedge funds and large institutions have $3.31B invested in Tencent Music in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 97 increasing their positions, 71 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 34

37% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 71

12% more call options, than puts

Call options by funds: $27.6M | Put options by funds: $24.7M

5% more funds holding

Funds holding: 242 → 255 (+13)

2% more capital invested

Capital invested by funds: $3.25B → $3.31B (+$54.1M)

0.06% less ownership

Funds ownership: 23.93% → 23.87% (-0.06%)

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
255
Holders Change
+13
Holders Change %
+5.37%
% of All Funds
4.06%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
49
Increased
97
Reduced
71
Closed
34
Calls
$27.6M
Puts
$24.7M
Net Calls
+$2.87M
Net Calls Change
-$21.3M

Top Buyers

Rank Fund Capital Flow
1
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$68M
2
Norges Bank
Norges Bank
Norway
+$31.2M
3
Polen Capital Management
Polen Capital Management
Florida
+$26.7M
4
Goldman Sachs
Goldman Sachs
New York
+$14.6M
5
Renaissance Technologies
Renaissance Technologies
New York
+$9.59M

Top Sellers

Rank Fund Capital Flow
1
HSBC Holdings
HSBC Holdings
United Kingdom
-$47.1M
2
KFA
Krane Funds Advisors
New York
-$28.3M
3
Two Sigma Investments
Two Sigma Investments
New York
-$28.1M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$24.3M
5
Invesco
Invesco
Georgia
-$22.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
FTUS
276
Flow Traders U.S.
New York
– -$166K -20,002 Closed
PCM
277
Prelude Capital Management
New York
– -$152K -18,300 Closed
SSG
278
Summit Securities Group
New York
– -$96K -11,641 Closed
FWM
279
Focused Wealth Management
New York
– -$79.5K -9,600 Closed
1832 Asset Management
280
1832 Asset Management
Ontario, Canada
– -$76.2K -9,200 Closed
Credit Agricole
281
Credit Agricole
France
– -$65.3K -7,890 Closed
AWM
282
Activest Wealth Management
Florida
– -$57.1K -6,896 Closed
CG
283
Cutler Group
California
– -$49.3K -6,025 Closed
Belvedere Trading
284
Belvedere Trading
Illinois
– -$41.1K -4,960 Closed
IA
285
IFP Advisors
Florida
– -$23K -1,673 Closed
Rockefeller Capital Management
286
Rockefeller Capital Management
New York
– -$10K -1,308 Closed
MCC
287
Money Concepts Capital
Florida
– -$10.2K -1,230 Closed
Bessemer Group
288
Bessemer Group
New Jersey
– -$4K -469 Closed
CWP
289
Concord Wealth Partners
Virginia
– -$878 -106 Closed
8 9 10 11
12

TME Hedge Fund Activity: Q1 2023 in Review

255 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q1 2023, worth a combined $3.31B — up 1.7% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new TME positions and 34 closed out — a net gain of 15 holders — while 97 added to existing stakes and 71 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $68M. The largest seller was HSBC Holdings, cutting an estimated $47.1M.

  • 255 institutional investors held Tencent Music (TME) as of Q1 2023, up from 242 in Q4 2022.
  • Funds reported $3.31B of Tencent Music stock for Q1 2023, up 1.7% quarter-over-quarter.
  • 49 funds opened new Tencent Music positions in Q1 2023 and 34 closed out, a net change of +15 holders.
  • The largest Tencent Music buyer in Q1 2023 was Acadian Asset Management, an estimated $68M added.
  • The largest Tencent Music seller in Q1 2023 was HSBC Holdings, an estimated $47.1M sold.

Based on aggregated 13F filings for Q1 2023.