Tencent Music
147 hedge funds and large institutions have $1.71B invested in Tencent Music in 2019 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 43 increasing their positions, 20 reducing their positions, and 53 closing their positions.
129% more call options, than puts
Call options by funds: $210M | Put options by funds: $91.7M
115% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 20
78% more capital invested
Capital invested by funds: $960M → $1.71B (+$747M)
34% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 53
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more funds holding
Funds holding: 132 → 147 (+15)
2.55% more ownership
Funds ownership: 13.01% → 15.56% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Segantii Capital Management
Hong Kong
|
+$80.1M |
| 2 |
BlackRock
New York
|
+$66.4M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$64.5M |
| 4 |
MICM
Matthews International Capital Management
San Francisco,
California
|
+$31.1M |
| 5 |
Morgan Stanley
New York
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
-$36.6M |
| 2 |
Temasek Holdings
Singapore
|
-$32.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$24M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$23M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$19.3M |
TME Hedge Fund Activity: Q1 2019 in Review
147 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q1 2019, worth a combined $1.71B — up 78% from $960M a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new TME positions and 53 closed out — a net gain of 18 holders — while 43 added to existing stakes and 20 trimmed.
The largest buyer was Segantii Capital Management, adding an estimated $80.1M. The largest seller was HSBC Holdings, cutting an estimated $36.6M.
- 147 institutional investors held Tencent Music (TME) as of Q1 2019, up from 132 in Q4 2018.
- Funds reported $1.71B of Tencent Music stock for Q1 2019, up 78% quarter-over-quarter.
- 71 funds opened new Tencent Music positions in Q1 2019 and 53 closed out, a net change of +18 holders.
- The largest Tencent Music buyer in Q1 2019 was Segantii Capital Management, an estimated $80.1M added.
- The largest Tencent Music seller in Q1 2019 was HSBC Holdings, an estimated $36.6M sold.
Based on aggregated 13F filings for Q1 2019.