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Tencent Music
TME

257 hedge funds and large institutions have $10.9B invested in Tencent Music in 2020 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 36

54% more capital invested

Capital invested by funds: $7.09B → $10.9B (+$3.81B)

8% more funds holding

Funds holding: 239 → 257 (+18)

6.33% more ownership

Funds ownership: 35.83% → 42.16% (+6.3%)

9% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 78

6% more call options, than puts

Call options by funds: $164M | Put options by funds: $155M

0% more funds holding in top 10

Funds holding in top 10: 12 → 12 (0)

Holders
257
Holders Change
+18
Holders Change %
+7.53%
% of All Funds
4.55%
Holding in Top 10
12
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.21%
New
59
Increased
85
Reduced
78
Closed
36
Calls
$164M
Puts
$155M
Net Calls
+$9.04M
Net Calls Change
-$26.6M

Top Buyers

1
CS
Credit Suisse
Switzerland
+$643M
2
Nomura Holdings
Nomura Holdings
Japan
+$488M
3
Goldman Sachs
Goldman Sachs
New York
+$266M
4
Deutsche Bank
Deutsche Bank
Germany
+$109M
5
Morgan Stanley
Morgan Stanley
New York
+$73.2M

Top Sellers

1
MICM
Matthews International Capital Management
California
-$102M
2
N
Natixis
France
-$64.1M
3
Tiger Global Management
Tiger Global Management
New York
-$39.9M
4
HIP
Hengistbury Investment Partners
United Kingdom
-$39.4M
5
BAMCO Inc
BAMCO Inc
New York
-$33.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
VOYA Investment Management
151
VOYA Investment Management
Georgia
$959K +$87.9K +5,407 +12%
DCP
152
DSM Capital Partners
Florida
$884K -$93K -5,720 -11%
II
153
Ibex Investors
Colorado
$866K +$731K +45,000 New
MICM
154
Matthews International Capital Management
California
$860K -$102M -6,292,400 -99%
FAM
155
Fulcrum Asset Management
United Kingdom
$831K – – –
SAM
156
Shell Asset Management
Netherlands
$804K +$481K +29,600 +242%
GI
157
Glovista Investments
New Jersey
$781K +$659K +40,576 New
Aberdeen Group
158
Aberdeen Group
United Kingdom
$767K +$244K +15,041 +61%
Los Angeles Capital Management
159
Los Angeles Capital Management
California
$726K -$1.2M -73,914 -66%
Macquarie Group
160
Macquarie Group
Australia
$720K +$34.6K +2,126 +6%
Susquehanna International Group
161
Susquehanna International Group
Pennsylvania
$669K -$877K -53,959 -61%
SGA
162
Strategic Global Advisors
California
$658K +$556K +34,221 New
US Bancorp
163
US Bancorp
Minnesota
$657K +$169K +10,394 +44%
Two Sigma Investments
164
Two Sigma Investments
New York
$626K +$529K +32,553 New
GC
165
Gruss & Co
Florida
$577K +$488K +30,000 New
T
166
TOBAM
France
$547K -$1.46M -89,740 -76%
PF
167
Phoenix Financial
Israel
$507K +$430K +26,453 New
GCGDR
168
Geo Capital Gestora de Recursos
Brazil
$506K +$427K +26,296 New
ED
169
Exane Derivatives
France
$487K -$146K -8,987 -26%
Calamos Advisors
170
Calamos Advisors
Illinois
$487K +$411K +25,300 New
AFP
171
Ausdal Financial Partners
Iowa
$481K +$406K +24,989 New
DekaBank Deutsche Girozentrale
172
DekaBank Deutsche Girozentrale
Germany
$458K -$164K -10,117 -30%
Stifel Financial
173
Stifel Financial
Missouri
$453K +$17.5K +1,079 +5%
Nomura Asset Management
174
Nomura Asset Management
Japan
$452K – – –
QT
175
Quantbot Technologies
New York
$448K +$84K +5,167 +29%
5 6
7
8 9

TME Hedge Fund Activity: Q4 2020 in Review

257 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2020, worth a combined $10.9B — up 54% from $7.09B a quarter earlier.

Buyers outnumbered sellers: 59 funds opened new TME positions and 36 closed out — a net gain of 23 holders — while 85 added to existing stakes and 78 trimmed.

The largest buyer was Credit Suisse, adding an estimated $643M. The largest seller was Matthews International Capital Management, cutting an estimated $102M.

  • 257 institutional investors held Tencent Music (TME) as of Q4 2020, up from 239 in Q3 2020.
  • Funds reported $10.9B of Tencent Music stock for Q4 2020, up 54% quarter-over-quarter.
  • 59 funds opened new Tencent Music positions in Q4 2020 and 36 closed out, a net change of +23 holders.
  • The largest Tencent Music buyer in Q4 2020 was Credit Suisse, an estimated $643M added.
  • The largest Tencent Music seller in Q4 2020 was Matthews International Capital Management, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2020.