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Tencent Music
TME

255 hedge funds and large institutions have $3.31B invested in Tencent Music in 2023 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 97 increasing their positions, 71 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 34

37% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 71

12% more call options, than puts

Call options by funds: $27.6M | Put options by funds: $24.7M

5% more funds holding

Funds holding: 242 → 255 (+13)

2% more capital invested

Capital invested by funds: $3.25B → $3.31B (+$54.1M)

0.06% less ownership

Funds ownership: 23.93% → 23.87% (-0.06%)

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
255
Holders Change
+13
Holders Change %
+5.37%
% of All Funds
4.06%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
49
Increased
97
Reduced
71
Closed
34
Calls
$27.6M
Puts
$24.7M
Net Calls
+$2.87M
Net Calls Change
-$21.3M

Top Buyers

Rank Fund Capital Flow
1
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$68M
2
Norges Bank
Norges Bank
Norway
+$31.2M
3
Polen Capital Management
Polen Capital Management
Florida
+$26.7M
4
Goldman Sachs
Goldman Sachs
New York
+$14.6M
5
Renaissance Technologies
Renaissance Technologies
New York
+$9.59M

Top Sellers

Rank Fund Capital Flow
1
HSBC Holdings
HSBC Holdings
United Kingdom
-$47.1M
2
KFA
Krane Funds Advisors
New York
-$28.3M
3
Two Sigma Investments
Two Sigma Investments
New York
-$28.1M
4
Fidelity Investments
Fidelity Investments
Massachusetts
-$24.3M
5
Invesco
Invesco
Georgia
-$22.2M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJFSA
151
Raymond James Financial Services Advisors
Florida
$348K +$344K +42,071 New
Qube Research & Technologies (QRT)
152
Qube Research & Technologies (QRT)
United Kingdom
$346K +$342K +41,790 New
SAM
153
Storebrand Asset Management
Norway
$333K +$18.9K +2,310 +6%
FTDI
154
First Trust Direct Indexing
Massachusetts
$331K +$31.1K +3,795 +10%
Nomura Holdings
155
Nomura Holdings
Japan
$321K -$731K -89,331 -70%
HF
156
HRT Financial
New York
$319K +$316K +38,586 New
Cerity Partners
157
Cerity Partners
New York
$313K +$32.8K +4,006 +12%
II
158
IFM Investors
Australia
$311K +$18.6K +2,276 +6%
Creative Planning
159
Creative Planning
Kansas
$301K +$10.8K +1,315 +4%
BMSSC
160
B. Metzler seel. Sohn & Co
Germany
$299K – – –
BCV
161
Banque Cantonale Vaudoise
Switzerland
$270K -$81.5K -9,960 -23%
BBP
162
Banco BTG Pactual
Brazil
$254K +$284K +34,727 New
YMRC
163
Yorktown Management & Research Company
Virginia
$253K +$250K +30,600 New
XT
164
XTX Topco
Cayman Islands
$253K +$250K +30,543 New
S
165
SignatureFD
Georgia
$251K +$1.55K +189 +0.6%
SP
166
Saranac Partners
$248K +$245K +29,955 New
US Bancorp
167
US Bancorp
Minnesota
$246K -$12K -1,463 -5%
T. Rowe Price Associates
168
T. Rowe Price Associates
Maryland
$237K – – –
SMDAM
169
Sumitomo Mitsui DS Asset Management
Japan
$236K +$76K +9,292 +48%
CAM
170
Chesapeake Asset Management
New York
$225K +$222K +27,171 New
QCG
171
Quadrant Capital Group
Ohio
$216K +$16K +1,953 +8%
VAS
172
Vestmark Advisory Solutions
Massachusetts
$207K +$205K +25,016 New
AWM
173
Alterna Wealth Management
Texas
$205K +$202K +24,705 New
LPL Financial
174
LPL Financial
California
$203K +$20.1K +2,456 +11%
IAA
175
Independent Advisor Alliance
North Carolina
$195K -$44K -5,378 -19%
5 6
7
8 9

TME Hedge Fund Activity: Q1 2023 in Review

255 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q1 2023, worth a combined $3.31B — up 1.7% from $3.25B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new TME positions and 34 closed out — a net gain of 15 holders — while 97 added to existing stakes and 71 trimmed.

The largest buyer was Acadian Asset Management, adding an estimated $68M. The largest seller was HSBC Holdings, cutting an estimated $47.1M.

  • 255 institutional investors held Tencent Music (TME) as of Q1 2023, up from 242 in Q4 2022.
  • Funds reported $3.31B of Tencent Music stock for Q1 2023, up 1.7% quarter-over-quarter.
  • 49 funds opened new Tencent Music positions in Q1 2023 and 34 closed out, a net change of +15 holders.
  • The largest Tencent Music buyer in Q1 2023 was Acadian Asset Management, an estimated $68M added.
  • The largest Tencent Music seller in Q1 2023 was HSBC Holdings, an estimated $47.1M sold.

Based on aggregated 13F filings for Q1 2023.