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Tencent Music

243 hedge funds and large institutions have $2.39B invested in Tencent Music in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 95 increasing their positions, 94 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

5% more call options, than puts

Call options by funds: $18.7M | Put options by funds: $17.9M

1% more repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 94

3.01% less ownership

Funds ownership: 24.28%21.27% (-3%)

12% less funds holding

Funds holding: 275243 (-32)

20% less capital invested

Capital invested by funds: $3B → $2.39B (-$606M)

58% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 53

Holders
243
Holders Change
-32
Holders Change %
-11.64%
% of All Funds
3.86%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
22
Increased
95
Reduced
94
Closed
53
Calls
$18.7M
Puts
$17.9M
Net Calls
+$863K
Net Calls Change
-$3.93M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$269M +$57.3M +8,599,875 +26%
Canada Pension Plan Investment Board
2
Canada Pension Plan Investment Board
Ontario, Canada
$217M -$22.3M -3,342,861 -9%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$176M -$8.18M -1,226,602 -4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$159M +$1.38M +207,197 +0.8%
KFA
5
Krane Funds Advisors
New York
$149M +$18.7M +2,798,568 +14%
State Street
6
State Street
Massachusetts
$82.6M +$2.2M +329,677 +3%
Invesco
7
Invesco
Georgia
$74.3M +$11.6M +1,747,251 +18%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$69.7M +$28.8M +4,317,720 +65%
Allspring Global Investments
9
Allspring Global Investments
North Carolina
$67.1M -$6.92M -1,038,352 -9%
Norges Bank
10
Norges Bank
Norway
$61.8M +$20.4M +3,062,359 +46%
Renaissance Technologies
11
Renaissance Technologies
New York
$57.7M -$6.86M -1,028,400 -10%
Goldman Sachs
12
Goldman Sachs
New York
$49.7M -$11.1M -1,666,894 -18%
CFM
13
Coronation Fund Managers
South Africa
$45.5M +$4.74M +711,395 +11%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$43.8M -$1.54M -231,538 -3%
Legal & General Group
15
Legal & General Group
United Kingdom
$31.5M -$7.33M -1,098,968 -18%
UBS AM
16
UBS AM
Illinois
$27.8M +$3.46M +519,186 +14%
EFM
17
E Fund Management
China
$26.6M +$169K +25,400 +0.6%
Morgan Stanley
18
Morgan Stanley
New York
$26.4M -$5.41M -811,237 -16%
Franklin Resources
19
Franklin Resources
California
$25.9M -$692K -103,849 -2%
PL
20
Perpetual Ltd
Australia
$25.4M +$22.9K +3,435 +0.1%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$23.6M +$1.89M +283,422 +8%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$22.9M -$2.58M -386,552 -10%
HSBC Holdings
23
HSBC Holdings
United Kingdom
$22.7M +$7.7M +1,154,921 +48%
Polen Capital Management
24
Polen Capital Management
Florida
$22.4M +$2.15M +321,842 +10%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$22.2M -$80.8M -12,124,942 -78%