Tencent Music
327 hedge funds and large institutions have $8.61B invested in Tencent Music in 2025 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 116 increasing their positions, 119 reducing their positions, and 30 closing their positions.
122% more call options, than puts
Call options by funds: $123M | Put options by funds: $55.6M
87% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 30
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
23% more capital invested
Capital invested by funds: $6.99B → $8.61B (+$1.62B)
23.02% more ownership
Funds ownership: 28.51% → 51.53% (+23%)
7% more funds holding
Funds holding: 307 → 327 (+20)
3% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 119
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$105M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$97.9M |
| 3 |
JP Morgan Chase
New York
|
+$64M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$54.1M |
| 5 |
KI
Keystone Investors
Singapore
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$202M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$189M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$180M |
| 4 |
KFA
Krane Funds Advisors
New York
|
-$139M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$135M |
TME Hedge Fund Activity: Q2 2025 in Review
327 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q2 2025, worth a combined $8.61B — up 23% from $6.99B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TME positions and 30 closed out — a net gain of 26 holders — while 116 added to existing stakes and 119 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $105M. The largest seller was Invesco, cutting an estimated $202M.
- 327 institutional investors held Tencent Music (TME) as of Q2 2025, up from 307 in Q1 2025.
- Funds reported $8.61B of Tencent Music stock for Q2 2025, up 23% quarter-over-quarter.
- 56 funds opened new Tencent Music positions in Q2 2025 and 30 closed out, a net change of +26 holders.
- The largest Tencent Music buyer in Q2 2025 was Fidelity Investments, an estimated $105M added.
- The largest Tencent Music seller in Q2 2025 was Invesco, an estimated $202M sold.
Based on aggregated 13F filings for Q2 2025.