Tencent Music
TME
227 hedge funds and large institutions have $2.03B invested in Tencent Music in 2022 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 86 increasing their positions, 71 reducing their positions, and 40 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 71
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.48% less ownership
Funds ownership: 25.6% → 25.12% (-0.48%)
8% less funds holding
Funds holding: 247 → 227 (-20)
23% less call options, than puts
Call options by funds: $44M | Put options by funds: $57.2M
30% less capital invested
Capital invested by funds: $2.92B → $2.03B (-$890M)
45% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMH
Greenwoods Asset Management (HK)
Hong Kong
|
+$35.3M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$30.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$27.1M |
| 4 |
KFA
Krane Funds Advisors
New York
|
+$19.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
-$77.3M |
| 2 |
Bank of New York Mellon
New York
|
-$37.3M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$17.3M |
| 4 |
Goldman Sachs
New York
|
-$16.8M |
| 5 |
Two Sigma Investments
New York
|
-$16.5M |
TME Hedge Fund Activity: Q1 2022 in Review
227 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q1 2022, worth a combined $2.03B — down 30% from $2.92B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of TME and 22 opened new positions — a net loss of 18 holders — while 71 trimmed existing stakes and 86 added.
The largest buyer was Greenwoods Asset Management (HK), opening a new position worth an estimated $35.3M. The largest seller was Sands Capital Management, exiting entirely with an estimated $77.3M sold.
- 227 institutional investors held Tencent Music (TME) as of Q1 2022, down from 247 in Q4 2021.
- Funds reported $2.03B of Tencent Music stock for Q1 2022, down 30% quarter-over-quarter.
- 22 funds opened new Tencent Music positions in Q1 2022 and 40 closed out, a net change of -18 holders.
- The largest Tencent Music buyer in Q1 2022 was Greenwoods Asset Management (HK), an estimated $35.3M added.
- The largest Tencent Music seller in Q1 2022 was Sands Capital Management, an estimated $77.3M sold.
Based on aggregated 13F filings for Q1 2022.