Tencent Music
341 hedge funds and large institutions have $7.85B invested in Tencent Music in 2025 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 122 increasing their positions, 121 reducing their positions, and 66 closing their positions.
90% more call options, than puts
Call options by funds: $85.9M | Put options by funds: $45.2M
14.89% more ownership
Funds ownership: 47.53% → 62.42% (+15%)
1% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 121
5% less funds holding
Funds holding: 358 → 341 (-17)
15% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 66
17% less capital invested
Capital invested by funds: $9.5B → $7.85B (-$1.65B)
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$376M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$105M |
| 3 |
GCCM
Green Court Capital Management
Hong Kong
|
+$98.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$93.9M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$88.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$93.7M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$69.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$69.7M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$62.3M |
| 5 |
Jane Street
New York
|
-$57.5M |
TME Hedge Fund Activity: Q4 2025 in Review
341 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2025, worth a combined $7.85B — down 17% from $9.5B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of TME and 56 opened new positions — a net loss of 10 holders — while 121 trimmed existing stakes and 122 added.
The largest buyer was Schroder Investment Management Group, adding an estimated $376M. The largest seller was T. Rowe Price Associates, cutting an estimated $93.7M.
- 341 institutional investors held Tencent Music (TME) as of Q4 2025, down from 358 in Q3 2025.
- Funds reported $7.85B of Tencent Music stock for Q4 2025, down 17% quarter-over-quarter.
- 56 funds opened new Tencent Music positions in Q4 2025 and 66 closed out, a net change of -10 holders.
- The largest Tencent Music buyer in Q4 2025 was Schroder Investment Management Group, an estimated $376M added.
- The largest Tencent Music seller in Q4 2025 was T. Rowe Price Associates, an estimated $93.7M sold.
Based on aggregated 13F filings for Q4 2025.