Tencent Music
167 hedge funds and large institutions have $2.69B invested in Tencent Music in 2019 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 59 increasing their positions, 37 reducing their positions, and 27 closing their positions.
305% more capital inflows, than outflows
Capital inflows: $996M | Capital outflows: $246M
70% more call options, than puts
Call options by funds: $57.3M | Put options by funds: $33.8M
59% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 37
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
6% more funds holding
Funds holding: 158 → 167 (+9)
3.17% more ownership
Funds ownership: 9.27% → 12.43% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D1 Capital Partners
New York
|
+$275M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$232M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$72.6M |
| 4 |
Goldman Sachs
New York
|
+$49.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$86.1M |
| 2 |
Segantii Capital Management
Hong Kong
|
-$43.4M |
| 3 |
HHLR Advisors
Grand Cayman,
Cayman Islands
|
-$22M |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
-$17.9M |
| 5 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$14M |
TME Hedge Fund Activity: Q3 2019 in Review
167 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q3 2019, worth a combined $2.69B — up 8.3% from $2.48B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TME positions and 27 closed out — a net gain of 9 holders — while 59 added to existing stakes and 37 trimmed.
The largest buyer was D1 Capital Partners, opening a new position worth an estimated $275M. The largest seller was Artisan Partners, cutting an estimated $86.1M.
- 167 institutional investors held Tencent Music (TME) as of Q3 2019, up from 158 in Q2 2019.
- Funds reported $2.69B of Tencent Music stock for Q3 2019, up 8.3% quarter-over-quarter.
- 36 funds opened new Tencent Music positions in Q3 2019 and 27 closed out, a net change of +9 holders.
- The largest Tencent Music buyer in Q3 2019 was D1 Capital Partners, an estimated $275M added.
- The largest Tencent Music seller in Q3 2019 was Artisan Partners, an estimated $86.1M sold.
Based on aggregated 13F filings for Q3 2019.