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Tencent Music
TME

242 hedge funds and large institutions have $3.25B invested in Tencent Music in 2022 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 74 increasing their positions, 87 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more capital invested

Capital invested by funds: $1.52B → $3.25B (+$1.73B)

67% more funds holding in top 10

Funds holding in top 10: 3 → 5 (+2)

56% more call options, than puts

Call options by funds: $67.4M | Put options by funds: $43.1M

45% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 31

3% more funds holding

Funds holding: 234 → 242 (+8)

1.6% more ownership

Funds ownership: 22.32% → 23.93% (+1.6%)

15% less repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 87

Holders
242
Holders Change
+8
Holders Change %
+3.42%
% of All Funds
3.89%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.08%
New
45
Increased
74
Reduced
87
Closed
31
Calls
$67.4M
Puts
$43.1M
Net Calls
+$24.2M
Net Calls Change
+$10.4M

Top Buyers

1
KFA
Krane Funds Advisors
New York
+$95.4M
2
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$84.5M
3
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
+$31M
4
EFM
E Fund Management
China
+$28.3M
5
OAM
Origin Asset Management
United Kingdom
+$23.1M

Top Sellers

1
Franklin Resources
Franklin Resources
California
-$30.5M
2
HSBC Holdings
HSBC Holdings
United Kingdom
-$16.3M
3
Wellington Management Group
Wellington Management Group
Massachusetts
-$16.1M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$14.2M
5
Man Group
Man Group
United Kingdom
-$13.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$30.3M +$2.56M +454,823 +14%
Geode Capital Management
27
Geode Capital Management
Massachusetts
$26.6M -$7.3M -1,299,501 -29%
Fidelity Investments
28
Fidelity Investments
Massachusetts
$24.6M -$1.3M -231,577 -7%
BA
29
Bridgewater Associates
Connecticut
$19.8M -$4.39M -782,060 -25%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$19.8M -$5.8M -1,032,558 -30%
Man Group
31
Man Group
United Kingdom
$18.9M -$13.3M -2,373,504 -51%
Northern Trust
32
Northern Trust
Illinois
$16.5M -$390K -69,410 -3%
Swiss National Bank
33
Swiss National Bank
Switzerland
$16M -$18K -3,200 -0.2%
SFI
34
Susquehanna Fundamental Investments
Pennsylvania
$15.3M +$10.4M +1,842,192 New
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$15.2M -$1.26M -223,651 -11%
Jane Street
36
Jane Street
New York
$14.8M +$3.54M +630,387 +54%
UBS Group
37
UBS Group
Switzerland
$14.3M +$219K +38,959 +2%
Sumitomo Mitsui Trust Group
38
Sumitomo Mitsui Trust Group
Japan
$14.3M +$675K +120,088 +8%
CS
39
Credit Suisse
Switzerland
$14.2M +$703K +125,106 +8%
PAMS
40
Pictet Asset Management (Switzerland)
Switzerland
$14M +$4.9M +872,150 +106%
Citigroup
41
Citigroup
New York
$12.8M +$157K +27,999 +2%
Macquarie Group
42
Macquarie Group
Australia
$11.9M -$1.04M -184,811 -11%
BNP Paribas Financial Markets
43
BNP Paribas Financial Markets
France
$11.9M -$2.44M -433,675 -23%
Bank of America
44
Bank of America
North Carolina
$11.2M +$1.77M +315,343 +30%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$11M -$162K -28,814 -2%
Russell Investments Group
46
Russell Investments Group
United Kingdom
$10.4M +$590K +104,933 +9%
Voloridge Investment Management
47
Voloridge Investment Management
Florida
$9.68M +$6.57M +1,169,052 New
Deutsche Bank
48
Deutsche Bank
Germany
$9.37M -$12.2M -2,170,751 -66%
GH
49
GAM Holding
Switzerland
$9.36M +$6.35M +1,130,000 New
N
50
Nuveen
North Carolina
$9.19M -$248K -44,100 -4%
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TME Hedge Fund Activity: Q4 2022 in Review

242 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2022, worth a combined $3.25B — up 114% from $1.52B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new TME positions and 31 closed out — a net gain of 14 holders — while 74 added to existing stakes and 87 trimmed.

The largest buyer was Krane Funds Advisors, adding an estimated $95.4M. The largest seller was Franklin Resources, cutting an estimated $30.5M.

  • 242 institutional investors held Tencent Music (TME) as of Q4 2022, up from 234 in Q3 2022.
  • Funds reported $3.25B of Tencent Music stock for Q4 2022, up 114% quarter-over-quarter.
  • 45 funds opened new Tencent Music positions in Q4 2022 and 31 closed out, a net change of +14 holders.
  • The largest Tencent Music buyer in Q4 2022 was Krane Funds Advisors, an estimated $95.4M added.
  • The largest Tencent Music seller in Q4 2022 was Franklin Resources, an estimated $30.5M sold.

Based on aggregated 13F filings for Q4 2022.