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Tencent Music

297 hedge funds and large institutions have $5.21B invested in Tencent Music in 2024 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 89 increasing their positions, 120 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

166% more call options, than puts

Call options by funds: $55.2M | Put options by funds: $20.7M

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

0.24% less ownership

Funds ownership: 26.98%26.75% (-0.24%)

6% less funds holding

Funds holding: 315297 (-18)

7% less capital invested

Capital invested by funds: $5.58B → $5.21B (-$372M)

26% less repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 120

27% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 64

Holders
297
Holders Change
-18
Holders Change %
-5.71%
% of All Funds
3.91%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
47
Increased
89
Reduced
120
Closed
64
Calls
$55.2M
Puts
$20.7M
Net Calls
+$34.5M
Net Calls Change
-$20.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Schroder Investment Management Group
1
Schroder Investment Management Group
United Kingdom
$716M +$47.3M +3,987,116 +7%
BlackRock
2
BlackRock
New York
$361M +$3.96M +333,667 +1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$336M +$3.94M +332,264 +1%
Invesco
4
Invesco
Georgia
$255M -$8.18M -689,059 -3%
CCM
5
Cantillon Capital Management
New York
$248M +$40.2M +3,384,230 +18%
Baillie Gifford & Co
6
Baillie Gifford & Co
United Kingdom
$238M -$6.66M -560,919 -3%
KFA
7
Krane Funds Advisors
New York
$225M +$42.3M +3,560,452 +22%
State Street
8
State Street
Massachusetts
$143M -$2.15M -180,830 -1%
JP Morgan Chase
9
JP Morgan Chase
New York
$134M +$118M +9,984,690 +558%
Mawer Investment Management
10
Mawer Investment Management
Alberta, Canada
$130M +$82.1M +6,919,574 +152%
Goldman Sachs
11
Goldman Sachs
New York
$120M -$9.57M -806,259 -7%
Artisan Partners
12
Artisan Partners
Wisconsin
$113M +$118M +9,958,720 New
Fidelity Investments
13
Fidelity Investments
Massachusetts
$112M +$45.8M +3,861,122 +65%
Norges Bank
14
Norges Bank
Norway
$99.5M -$11.1M -937,400 -10%
Renaissance Technologies
15
Renaissance Technologies
New York
$90.7M -$11.1M -938,200 -11%
Allspring Global Investments
16
Allspring Global Investments
North Carolina
$73.5M +$6.2M +522,599 +9%
N
17
Nuveen
North Carolina
$63.4M +$68.8K +5,800 +0.1%
CFM
18
Coronation Fund Managers
South Africa
$62.5M -$1.75M -147,163 -3%
UBS Group
19
UBS Group
Switzerland
$61.2M +$46.8M +3,941,922 +272%
Capital World Investors
20
Capital World Investors
California
$53.4M -$127K -10,665 -0.2%
Legal & General Group
21
Legal & General Group
United Kingdom
$52M +$1.72M +144,798 +3%
Geode Capital Management
22
Geode Capital Management
Massachusetts
$50.3M +$1.9M +160,078 +4%
UBS AM
23
UBS AM
Illinois
$49.9M -$5.33M -449,068 -9%
Deutsche Bank
24
Deutsche Bank
Germany
$45M +$215K +18,130 +0.5%
Citigroup
25
Citigroup
New York
$44.1M -$21.4M -1,799,264 -32%

TME Hedge Fund Activity: Q4 2024 in Review

297 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q4 2024, worth a combined $5.21B — down 6.7% from $5.58B a quarter earlier.

Sellers outnumbered buyers: 64 funds closed out of TME and 47 opened new positions — a net loss of 17 holders — while 120 trimmed existing stakes and 89 added.

The largest buyer was JP Morgan Chase, adding an estimated $118M. The largest seller was Aspex Management (HK), exiting entirely with an estimated $91.3M sold.

  • 297 institutional investors held Tencent Music (TME) as of Q4 2024, down from 315 in Q3 2024.
  • Funds reported $5.21B of Tencent Music stock for Q4 2024, down 6.7% quarter-over-quarter.
  • 47 funds opened new Tencent Music positions in Q4 2024 and 64 closed out, a net change of -17 holders.
  • The largest Tencent Music buyer in Q4 2024 was JP Morgan Chase, an estimated $118M added.
  • The largest Tencent Music seller in Q4 2024 was Aspex Management (HK), an estimated $91.3M sold.

Based on aggregated 13F filings for Q4 2024.