We are live on ! Find out more
TME icon

Tencent Music
TME

232 hedge funds and large institutions have $5.31B invested in Tencent Music in 2020 Q2 according to their latest regulatory filings, with 54 funds opening new positions, 99 increasing their positions, 47 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

111% more repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 47

93% more capital invested

Capital invested by funds: $2.75B → $5.31B (+$2.56B)

72% more call options, than puts

Call options by funds: $108M | Put options by funds: $62.6M

67% more funds holding in top 10

Funds holding in top 10: 9 → 15 (+6)

59% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 34

9.01% more ownership

Funds ownership: 20.38% → 29.39% (+9%)

9% more funds holding

Funds holding: 213 → 232 (+19)

Holders
232
Holders Change
+19
Holders Change %
+8.92%
% of All Funds
4.76%
Holding in Top 10
15
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+66.67%
% of All Funds
0.31%
New
54
Increased
99
Reduced
47
Closed
34
Calls
$108M
Puts
$62.6M
Net Calls
+$45.3M
Net Calls Change
+$21.7M

Top Buyers

1
BlackRock
BlackRock
New York
+$215M
2
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$155M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$139M
4
CS
Credit Suisse
Switzerland
+$115M
5
Renaissance Technologies
Renaissance Technologies
New York
+$113M

Top Sellers

1
DCP
D1 Capital Partners
New York
-$127M
2
TCM
Tybourne Capital Management
Hong Kong
-$80.6M
3
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
-$39.9M
4
KCM
Kingstown Capital Management
New York
-$26.6M
5
IC
Iconiq Capital
California
-$24M
Name Holding Trade Value Shares
Change 		Change in
Stake
Canada Pension Plan Investment Board
1
Canada Pension Plan Investment Board
Ontario, Canada
$363M – – –
Schroder Investment Management Group
2
Schroder Investment Management Group
United Kingdom
$316M +$155M +13,086,694 +126%
BlackRock
3
BlackRock
New York
$304M +$215M +18,121,189 +405%
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$276M +$3.25M +274,734 +1%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$246M +$54.3M +4,586,891 +33%
CS
6
Credit Suisse
Switzerland
$235M +$115M +9,706,015 +125%
VAM
7
Vontobel Asset Management
New York
$234M +$46.9M +3,959,713 +29%
Vanguard Group
8
Vanguard Group
Pennsylvania
$213M +$139M +11,700,144 +283%
Morgan Stanley
9
Morgan Stanley
New York
$181M +$16.4M +1,381,442 +11%
HSBC Holdings
10
HSBC Holdings
United Kingdom
$170M +$10.4M +882,087 +8%
Renaissance Technologies
11
Renaissance Technologies
New York
$165M +$113M +9,559,300 +355%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$150M -$1.8M -151,570 -1%
Goldman Sachs
13
Goldman Sachs
New York
$133M +$53.2M +4,489,631 +84%
Invesco
14
Invesco
Georgia
$130M +$53.2M +4,494,784 +87%
William Blair Investment Management
15
William Blair Investment Management
Illinois
$114M +$9.2M +776,415 +10%
SEP
16
Soma Equity Partners
California
$108M +$94.7M +8,000,000 New
State Street
17
State Street
Massachusetts
$90M +$57M +4,809,025 +257%
TPC
18
Tiger Pacific Capital
New York
$89.9M -$5.36M -452,300 -6%
MICM
19
Matthews International Capital Management
California
$88.8M +$13.7M +1,156,800 +21%
Norges Bank
20
Norges Bank
Norway
$86.6M +$57.1M +4,818,645 +298%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$84.3M +$21.1M +1,780,435 +40%
Franklin Resources
22
Franklin Resources
California
$77.9M +$44.1M +3,722,336 +336%
CFM
23
Coronation Fund Managers
South Africa
$70M +$22M +1,855,600 +55%
CCM
24
CAAS Capital Management
New York
$68.1M +$59.9M +5,061,474 New
KFA
25
Krane Funds Advisors
New York
$60.4M -$1.75M -147,475 -3%
1
2 3 4 5

TME Hedge Fund Activity: Q2 2020 in Review

232 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q2 2020, worth a combined $5.31B — up 93% from $2.75B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new TME positions and 34 closed out — a net gain of 20 holders — while 99 added to existing stakes and 47 trimmed.

The largest buyer was BlackRock, adding an estimated $215M. The largest seller was D1 Capital Partners, exiting entirely with an estimated $127M sold.

  • 232 institutional investors held Tencent Music (TME) as of Q2 2020, up from 213 in Q1 2020.
  • Funds reported $5.31B of Tencent Music stock for Q2 2020, up 93% quarter-over-quarter.
  • 54 funds opened new Tencent Music positions in Q2 2020 and 34 closed out, a net change of +20 holders.
  • The largest Tencent Music buyer in Q2 2020 was BlackRock, an estimated $215M added.
  • The largest Tencent Music seller in Q2 2020 was D1 Capital Partners, an estimated $127M sold.

Based on aggregated 13F filings for Q2 2020.