Tencent Music
317 hedge funds and large institutions have $5.59B invested in Tencent Music in 2024 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 119 increasing their positions, 119 reducing their positions, and 46 closing their positions.
186% more call options, than puts
Call options by funds: $84.5M | Put options by funds: $29.6M
17% more capital inflows, than outflows
Capital inflows: $1.37B | Capital outflows: $1.17B
1.7% more ownership
Funds ownership: 25.73% → 27.43% (+1.7%)
4% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 46
0% more funds holding
Funds holding: 317 → 317 (0)
0% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 119
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$517M |
| 2 |
Cantillon Capital Management
New York
|
+$64.5M |
| 3 |
OLP Capital Management
Causeway Bay,
Hong Kong
|
+$58.1M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$57.7M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$51.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$123M |
| 2 |
Driehaus Capital Management
Chicago,
Illinois
|
-$85.7M |
| 3 |
Aspex Management (HK)
Central,
Hong Kong
|
-$72.2M |
| 4 |
Axiom Investors
Greenwich,
Connecticut
|
-$65.2M |
| 5 |
Causeway Capital Management
Los Angeles,
California
|
-$43.2M |
TME Hedge Fund Activity: Q3 2024 in Review
317 of the 6,985 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q3 2024, worth a combined $5.59B — down 10% from $6.22B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new TME positions and 46 closed out — a net gain of 2 holders — while 119 added to existing stakes and 119 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $517M. The largest seller was Ninety One (UK), exiting entirely with an estimated $123M sold.
- 317 institutional investors held Tencent Music (TME) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $5.59B of Tencent Music stock for Q3 2024, down 10% quarter-over-quarter.
- 48 funds opened new Tencent Music positions in Q3 2024 and 46 closed out, a net change of +2 holders.
- The largest Tencent Music buyer in Q3 2024 was Schroder Investment Management Group, an estimated $517M added.
- The largest Tencent Music seller in Q3 2024 was Ninety One (UK), an estimated $123M sold.
Based on aggregated 13F filings for Q3 2024.