Tencent Music
297 hedge funds and large institutions have $5.21B invested in Tencent Music in 2024 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 89 increasing their positions, 120 reducing their positions, and 64 closing their positions.
166% more call options, than puts
Call options by funds: $55.2M | Put options by funds: $20.7M
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.24% less ownership
Funds ownership: 26.98% → 26.75% (-0.24%)
6% less funds holding
Funds holding: 315 → 297 (-18)
7% less capital invested
Capital invested by funds: $5.58B → $5.21B (-$372M)
26% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 120
27% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$118M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$118M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$82.1M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$47.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$46.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AMH
Aspex Management (HK)
Central,
Hong Kong
|
-$91.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$74.1M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
-$43.1M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$41.5M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$37.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
351
Truist Financial
Charlotte,
North Carolina
| – | -$122K | -10,148 | Closed |
|
352
Walleye Trading
New York
| – | -$89.2K | -7,518 | Closed |
|
|
T
353
TOBAM
Paris,
France
| – | -$42K | -3,498 | Closed |
|
|
BWP
354
Baldwin Wealth Partners
Marion,
Massachusetts
| – | -$39.9K | -3,312 | Closed |
|
|
HT
355
Headlands Technologies
Chicago,
Illinois
| – | -$31.1K | -2,581 | Closed |
|
|
SSG
356
Summit Securities Group
New York
| – | -$30K | -2,482 | Closed |
|
357
AssetMark Inc
Concord,
California
| – | -$24.6K | -2,038 | Closed |
|
|
HGA
358
Hobbs Group Advisors
Columbia,
South Carolina
| – | -$1.6K | -2,000 | Closed |
|
|
TPCW
359
TD Private Client Wealth
New York
| – | -$9.58K | -795 | Closed |
|
|
OWP
360
ORG Wealth Partners
Dallas,
Texas
| – | -$3.42K | -284 | Closed |
|
|
FHA
361
First Horizon Advisors
Memphis,
Tennessee
| – | -$481 | -40 | Closed |
|
TME Hedge Fund Activity: Q4 2024 in Review
297 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2024, worth a combined $5.21B — down 6.7% from $5.58B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of TME and 47 opened new positions — a net loss of 17 holders — while 120 trimmed existing stakes and 89 added.
The largest buyer was JP Morgan Chase, adding an estimated $118M. The largest seller was Aspex Management (HK), exiting entirely with an estimated $91.3M sold.
- 297 institutional investors held Tencent Music (TME) as of Q4 2024, down from 315 in Q3 2024.
- Funds reported $5.21B of Tencent Music stock for Q4 2024, down 6.7% quarter-over-quarter.
- 47 funds opened new Tencent Music positions in Q4 2024 and 64 closed out, a net change of -17 holders.
- The largest Tencent Music buyer in Q4 2024 was JP Morgan Chase, an estimated $118M added.
- The largest Tencent Music seller in Q4 2024 was Aspex Management (HK), an estimated $91.3M sold.
Based on aggregated 13F filings for Q4 2024.