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Tencent Music
TME

341 hedge funds and large institutions have $7.85B invested in Tencent Music in 2025 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 122 increasing their positions, 121 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $85.9M | Put options by funds: $45.2M

14.89% more ownership

Funds ownership: 47.53% → 62.42% (+15%)

1% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 121

5% less funds holding

Funds holding: 358 → 341 (-17)

15% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 66

17% less capital invested

Capital invested by funds: $9.5B → $7.85B (-$1.65B)

50% less funds holding in top 10

Funds holding in top 10: 12 → 6 (-6)

Holders
341
Holders Change
-17
Holders Change %
-4.75%
% of All Funds
4.15%
Holding in Top 10
6
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-50%
% of All Funds
0.07%
New
56
Increased
122
Reduced
121
Closed
66
Calls
$85.9M
Puts
$45.2M
Net Calls
+$40.7M
Net Calls Change
-$49.3M

Top Buyers

1
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$376M
2
Fidelity Investments
Fidelity Investments
Massachusetts
+$105M
3
GCCM
Green Court Capital Management
Hong Kong
+$98.5M
4
Invesco
Invesco
Georgia
+$93.9M
5
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
+$88.6M

Top Sellers

1
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$93.7M
2
Capital World Investors
Capital World Investors
California
-$69.8M
3
DCM
Driehaus Capital Management
Illinois
-$69.7M
4
Artisan Partners
Artisan Partners
Wisconsin
-$62.3M
5
Jane Street
Jane Street
New York
-$57.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Walleye Trading
151
Walleye Trading
New York
$2.01M +$2.33M +114,703 New
Macquarie Group
152
Macquarie Group
Australia
$1.98M -$26.8M -1,318,975 -92%
LF
153
Lansforsakringar Fondforvaltning
Sweden
$1.96M +$2.27M +112,000 New
RAM
154
Ramirez Asset Management
New York
$1.93M -$118K -5,818 -5%
ECSS
155
Eurizon Capital SGR SpA
$1.9M +$2.2M +108,619 New
Marshall Wace
156
Marshall Wace
United Kingdom
$1.87M +$2.16M +106,700 New
CG
157
Carmignac Gestion
France
$1.85M +$104K +5,133 +5%
LA
158
LBP AM
France
$1.82M +$162K +8,000 +8%
AssetMark Inc
159
AssetMark Inc
California
$1.82M +$531K +26,182 +34%
XC
160
XY Capital
Hong Kong
$1.69M +$1.96M +96,400 New
TAA
161
TB Alternative Assets
Cayman Islands
$1.66M -$192K -9,450 -9%
CUAMC
162
China Universal Asset Management Company
China
$1.61M -$120K -5,900 -6%
Balyasny Asset Management
163
Balyasny Asset Management
Illinois
$1.55M +$938K +46,224 +110%
RhumbLine Advisers
164
RhumbLine Advisers
Massachusetts
$1.54M -$653K -32,170 -27%
AA
165
ALPS Advisors
Colorado
$1.52M +$296K +14,610 +20%
LNWTC
166
Laird Norton Wetherby Trust Company
Washington
$1.47M +$1.7M +84,013 New
Verition Fund Management
167
Verition Fund Management
Connecticut
$1.42M +$278K +13,691 +20%
Wellington Management Group
168
Wellington Management Group
Massachusetts
$1.41M -$26.9M -1,325,809 -94%
GI
169
GAMCO Investors
Connecticut
$1.38M +$385K +19,000 +32%
Nomura Asset Management
170
Nomura Asset Management
Japan
$1.37M -$4.09M -201,786 -72%
JF
171
Jump Financial
Illinois
$1.36M +$1.57M +77,505 New
Corient Private Wealth
172
Corient Private Wealth
Florida
$1.31M +$650K +32,025 +75%
DK
173
DJE Kapital
Germany
$1.25M -$1.52M -75,000 -52%
TI
174
Tidal Investments
Wisconsin
$1.25M -$418K -20,620 -22%
PA
175
Profund Advisors
Maryland
$1.25M -$330K -16,282 -19%
5 6
7
8 9

TME Hedge Fund Activity: Q4 2025 in Review

341 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2025, worth a combined $7.85B — down 17% from $9.5B a quarter earlier.

Sellers outnumbered buyers: 66 funds closed out of TME and 56 opened new positions — a net loss of 10 holders — while 121 trimmed existing stakes and 122 added.

The largest buyer was Schroder Investment Management Group, adding an estimated $376M. The largest seller was T. Rowe Price Associates, cutting an estimated $93.7M.

  • 341 institutional investors held Tencent Music (TME) as of Q4 2025, down from 358 in Q3 2025.
  • Funds reported $7.85B of Tencent Music stock for Q4 2025, down 17% quarter-over-quarter.
  • 56 funds opened new Tencent Music positions in Q4 2025 and 66 closed out, a net change of -10 holders.
  • The largest Tencent Music buyer in Q4 2025 was Schroder Investment Management Group, an estimated $376M added.
  • The largest Tencent Music seller in Q4 2025 was T. Rowe Price Associates, an estimated $93.7M sold.

Based on aggregated 13F filings for Q4 2025.