Tencent Music
234 hedge funds and large institutions have $1.52B invested in Tencent Music in 2022 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 85 increasing their positions, 78 reducing their positions, and 24 closing their positions.
79% more call options, than puts
Call options by funds: $31.3M | Put options by funds: $17.5M
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
2% more funds holding
Funds holding: 230 → 234 (+4)
9% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 78
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.8% less ownership
Funds ownership: 23.13% → 22.32% (-0.8%)
22% less capital invested
Capital invested by funds: $1.95B → $1.52B (-$429M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$21.2M |
| 2 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$15.5M |
| 3 |
Goldman Sachs
New York
|
+$9.39M |
| 4 |
BlackRock
New York
|
+$7.59M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$5.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$47.8M |
| 2 |
GAMH
Greenwoods Asset Management (HK)
Hong Kong
|
-$31.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$15.7M |
| 4 |
Bank of New York Mellon
New York
|
-$13.5M |
| 5 |
KFA
Krane Funds Advisors
New York
|
-$10.9M |
TME Hedge Fund Activity: Q3 2022 in Review
234 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q3 2022, worth a combined $1.52B — down 22% from $1.95B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TME positions and 24 closed out — a net gain of 5 holders — while 85 added to existing stakes and 78 trimmed.
The largest buyer was Man Group, opening a new position worth an estimated $21.2M. The largest seller was Morgan Stanley, cutting an estimated $47.8M.
- 234 institutional investors held Tencent Music (TME) as of Q3 2022, up from 230 in Q2 2022.
- Funds reported $1.52B of Tencent Music stock for Q3 2022, down 22% quarter-over-quarter.
- 29 funds opened new Tencent Music positions in Q3 2022 and 24 closed out, a net change of +5 holders.
- The largest Tencent Music buyer in Q3 2022 was Man Group, an estimated $21.2M added.
- The largest Tencent Music seller in Q3 2022 was Morgan Stanley, an estimated $47.8M sold.
Based on aggregated 13F filings for Q3 2022.