Tencent Music
242 hedge funds and large institutions have $3.25B invested in Tencent Music in 2022 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 74 increasing their positions, 87 reducing their positions, and 31 closing their positions.
114% more capital invested
Capital invested by funds: $1.52B → $3.25B (+$1.73B)
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
56% more call options, than puts
Call options by funds: $67.4M | Put options by funds: $43.1M
45% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 31
3% more funds holding
Funds holding: 234 → 242 (+8)
1.6% more ownership
Funds ownership: 22.32% → 23.93% (+1.6%)
15% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 87
Top Buyers
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$30.5M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
-$16.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.2M |
| 5 |
Man Group
London,
United Kingdom
|
-$13.3M |
TME Hedge Fund Activity: Q4 2022 in Review
242 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2022, worth a combined $3.25B — up 114% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new TME positions and 31 closed out — a net gain of 14 holders — while 74 added to existing stakes and 87 trimmed.
The largest buyer was Krane Funds Advisors, adding an estimated $95.4M. The largest seller was Franklin Resources, cutting an estimated $30.5M.
- 242 institutional investors held Tencent Music (TME) as of Q4 2022, up from 234 in Q3 2022.
- Funds reported $3.25B of Tencent Music stock for Q4 2022, up 114% quarter-over-quarter.
- 45 funds opened new Tencent Music positions in Q4 2022 and 31 closed out, a net change of +14 holders.
- The largest Tencent Music buyer in Q4 2022 was Krane Funds Advisors, an estimated $95.4M added.
- The largest Tencent Music seller in Q4 2022 was Franklin Resources, an estimated $30.5M sold.
Based on aggregated 13F filings for Q4 2022.