Tencent Music
232 hedge funds and large institutions have $5.31B invested in Tencent Music in 2020 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 99 increasing their positions, 47 reducing their positions, and 34 closing their positions.
111% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 47
93% more capital invested
Capital invested by funds: $2.75B → $5.31B (+$2.56B)
72% more call options, than puts
Call options by funds: $108M | Put options by funds: $62.6M
67% more funds holding in top 10
Funds holding in top 10: 9 → 15 (+6)
59% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 34
9.01% more ownership
Funds ownership: 20.38% → 29.39% (+9%)
9% more funds holding
Funds holding: 213 → 232 (+19)
Top Buyers
| 1 |
BlackRock
New York
|
+$215M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$155M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$139M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$115M |
| 5 |
Renaissance Technologies
New York
|
+$113M |
Top Sellers
TME Hedge Fund Activity: Q2 2020 in Review
232 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q2 2020, worth a combined $5.31B — up 93% from $2.75B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new TME positions and 34 closed out — a net gain of 20 holders — while 99 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $215M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $127M sold.
- 232 institutional investors held Tencent Music (TME) as of Q2 2020, up from 213 in Q1 2020.
- Funds reported $5.31B of Tencent Music stock for Q2 2020, up 93% quarter-over-quarter.
- 54 funds opened new Tencent Music positions in Q2 2020 and 34 closed out, a net change of +20 holders.
- The largest Tencent Music buyer in Q2 2020 was BlackRock, an estimated $215M added.
- The largest Tencent Music seller in Q2 2020 was D1 Capital Partners, an estimated $127M sold.
Based on aggregated 13F filings for Q2 2020.