Tencent Music
230 hedge funds and large institutions have $1.95B invested in Tencent Music in 2022 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 78 increasing their positions, 74 reducing their positions, and 27 closing their positions.
46% more call options, than puts
Call options by funds: $38.4M | Put options by funds: $26.2M
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
1% more funds holding
Funds holding: 227 → 230 (+3)
5% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 74
4% less capital invested
Capital invested by funds: $2.03B → $1.95B (-$85.8M)
1.99% less ownership
Funds ownership: 25.12% → 23.13% (-2%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$26M |
| 2 |
KFA
Krane Funds Advisors
New York
|
+$23.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$21.5M |
| 4 |
BlackRock
New York
|
+$13.8M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$8.78M |
Top Sellers
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$83.8M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$36.8M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$32.8M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$27.8M |
| 5 |
Two Sigma Investments
New York
|
-$26.5M |
TME Hedge Fund Activity: Q2 2022 in Review
230 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q2 2022, worth a combined $1.95B — down 4.2% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TME positions and 27 closed out — a net gain of 4 holders — while 78 added to existing stakes and 74 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26M. The largest seller was Baillie Gifford & Co, cutting an estimated $83.8M.
- 230 institutional investors held Tencent Music (TME) as of Q2 2022, up from 227 in Q1 2022.
- Funds reported $1.95B of Tencent Music stock for Q2 2022, down 4.2% quarter-over-quarter.
- 31 funds opened new Tencent Music positions in Q2 2022 and 27 closed out, a net change of +4 holders.
- The largest Tencent Music buyer in Q2 2022 was Morgan Stanley, an estimated $26M added.
- The largest Tencent Music seller in Q2 2022 was Baillie Gifford & Co, an estimated $83.8M sold.
Based on aggregated 13F filings for Q2 2022.