Tencent Music
361 hedge funds and large institutions have $9.5B invested in Tencent Music in 2025 Q3 according to their latest regulatory filings, with 75 funds opening new positions, 90 increasing their positions, 154 reducing their positions, and 38 closing their positions.
118% more call options, than puts
Call options by funds: $166M | Put options by funds: $76.3M
97% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 38
10% more funds holding
Funds holding: 327 → 361 (+34)
10% more capital invested
Capital invested by funds: $8.61B → $9.5B (+$889M)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
3.99% less ownership
Funds ownership: 51.53% → 47.54% (-4%)
42% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFA
Krane Funds Advisors
New York
|
+$89.4M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$87.6M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$78.4M |
| 4 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$56.1M |
| 5 |
Renaissance Technologies
New York
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$140M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$125M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$112M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$103M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$88.2M |
TME Hedge Fund Activity: Q3 2025 in Review
361 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Tencent Music (TME) for Q3 2025, worth a combined $9.5B — up 10% from $8.61B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new TME positions and 38 closed out — a net gain of 37 holders — while 90 added to existing stakes and 154 trimmed.
The largest buyer was Krane Funds Advisors, adding an estimated $89.4M. The largest seller was Schroder Investment Management Group, cutting an estimated $140M.
- 361 institutional investors held Tencent Music (TME) as of Q3 2025, up from 327 in Q2 2025.
- Funds reported $9.5B of Tencent Music stock for Q3 2025, up 10% quarter-over-quarter.
- 75 funds opened new Tencent Music positions in Q3 2025 and 38 closed out, a net change of +37 holders.
- The largest Tencent Music buyer in Q3 2025 was Krane Funds Advisors, an estimated $89.4M added.
- The largest Tencent Music seller in Q3 2025 was Schroder Investment Management Group, an estimated $140M sold.
Based on aggregated 13F filings for Q3 2025.