Vault-13

NETEASE INC NTES

SPONSORED ADS · ADR · CUSIP 64110W102 · ISIN US64110W1027

Chinese Internet technology company

378 institutional holders +9 vs Q4 2024
70,609,61570.6m shares reported held*
$7.0bnreported value*
64 new 122 added 114 reduced 50 sold out net sold ≈ $200.5m (+835.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($15.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $98.83. Options: 21 managers hold calls ($185.1m notional), 18 hold puts ($142.6m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 323Q4 22: 320Q1 23: 314Q2 23: 333Q3 23: 360Q4 23: 403Q1 24: 405Q2 24: 388Q3 24: 367Q4 24: 369Q1 25: 378378Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022323
Q4 2022320
Q1 2023314
Q2 2023333
Q3 2023360
Q4 2023403
Q1 2024405
Q2 2024388
Q3 2024367
Q4 2024369
Q1 2025378

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q2 23: 167 bought or addedQ2 23: 139 cut or sold outQ3 23: 170 bought or addedQ3 23: 160 cut or sold outQ3 23Q4 23: 200 bought or addedQ4 23: 158 cut or sold outQ1 24: 199 bought or addedQ1 24: 208 cut or sold outQ1 24Q2 24: 163 bought or addedQ2 24: 209 cut or sold outQ3 24: 144 bought or addedQ3 24: 221 cut or sold outQ3 24Q4 24: 155 bought or addedQ4 24: 190 cut or sold outQ1 25: 186 bought or addedQ1 25: 164 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023167139
Q3 2023170160
Q4 2023200158
Q1 2024199208
Q2 2024163209
Q3 2024144221
Q4 2024155190
Q1 2025186164

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300mQ2 24 calls: $102.3mQ2 24 puts: $253.6mQ2 24P/C 2.48Q3 24 calls: $222.5mQ3 24 puts: $228.5mQ3 24P/C 1.03Q4 24 calls: $190.6mQ4 24 puts: $182.3mQ4 24P/C 0.96Q1 25 calls: $185.1mQ1 25 puts: $142.6mQ1 25P/C 0.77
Numbers
QuarterCallsPutsP/C
Q2 2024$102.3m$253.6m2.48
Q3 2024$222.5m$228.5m1.03
Q4 2024$190.6m$182.3m0.96
Q1 2025$185.1m$142.6m0.77

Biggest buyers

Mirae Asset Global Investments Co., Ltd. Added +2,780,897+2.8m
WELLINGTON MANAGEMENT GROUP LLP Added +1,049,023+1.0m
PRICE T ROWE ASSOCIATES INC /MD/ Added +697,192+697.2k
FMR LLC Added +373,637+373.6k
NEW YORK STATE COMMON RETIREMENT FUND New +279,489+279.5k
SIH Partners, LLLP New +278,369+278.4k
JANE STREET GROUP, LLC Added +217,486+217.5k
TT International Asset Management LTD New +212,964+213.0k
WT Asset Management Ltd Added +207,793+207.8k
LMR Partners LLP New +201,655+201.7k

Biggest sellers

MILLENNIUM MANAGEMENT LLC Reduced -592,501-592.5k
Invesco Ltd. Reduced -474,709-474.7k
NATIONAL BANK OF CANADA /FI/ Reduced -465,726-465.7k
MORGAN STANLEY Reduced -438,535-438.5k
Capital International Investors Reduced -424,630-424.6k
OAKTREE CAPITAL MANAGEMENT LP Sold out -399,694-399.7k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -394,271-394.3k
Orbis Allan Gray Ltd Reduced -366,980-367.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Sold out -346,082-346.1k
Broad Peak Investment Advisers Pte Ltd Sold out -297,262-297.3k

Biggest calls

MILLENNIUM MANAGEMENT LLC Added $77.5m753.4k shares
UBS Group AG Reduced $35.4m343.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $14.8m143.7k shares
IMC-Chicago, LLC Added $13.9m134.6k shares
SIMPLEX TRADING, LLC Reduced $6.6m63.9k shares
GROUP ONE TRADING LLC Reduced $6.4m62.6k shares
BNP PARIBAS FINANCIAL MARKETS First filing $5.9m572 shares
CITADEL ADVISORS LLC Added $4.9m47.6k shares
WOLVERINE TRADING, LLC Reduced $3.6m35.4k shares
Walleye Trading LLC Added $3.3m32.1k shares

Biggest puts

BNP PARIBAS FINANCIAL MARKETS First filing $38.1m3.7k shares
UBS Group AG Reduced $31.9m310.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $26.4m256.2k shares
IMC-Chicago, LLC Added $11.7m114.1k shares
JANE STREET GROUP, LLC Added $8.8m85.9k shares
SIMPLEX TRADING, LLC Reduced $7.8m75.7k shares
CITADEL ADVISORS LLC Reduced $5.2m50.6k shares
PEAK6 LLC Reduced $2.0m19.5k shares
Walleye Trading LLC Reduced $1.9m18.7k shares
WOLVERINE TRADING, LLC Reduced $1.7m17.3k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q1 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Ninety One UK Ltd 1.76% of their portfolio London, X0 6,132,8026.1m $631.2m $631.2m 1.76% Reduced -99.9k -99,935
2 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.14% of their portfolio NEW YORK, NY 5,384,2425.4m $554.1m $554.1m 0.14% Reduced -394.3k -394,271
3 Capital World Investors 0.06% of their portfolio LOS ANGELES, CA 3,732,9983.7m $384.2m $384.2m 0.06% Added +8.0k +7,952
4 Orbis Allan Gray Ltd 2.16% of their portfolio HamiltoN, D0 3,664,9733.7m $377.2m $377.2m 2.16% Reduced -367.0k -366,980
5 LAZARD ASSET MANAGEMENT LLC 0.57% of their portfolio NEW YORK, NY 3,613,7243.6m $371.9m $371.9m 0.57% Added +13.9k +13,930
6 Greenwoods Asset Management Hong Kong Ltd. 11.40% of their portfolio HONG KONG, K3 3,575,0983.6m $367.9m $367.9m 11.40% Reduced -57.8k -57,772
7 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 2,817,0212.8m $1.4m $1.4m 0.01% Added +2.8m +2,780,897
8 Dodge & Cox 0.16% of their portfolio San Francisco, CA 2,803,6642.8m $288.6m $288.6m 0.16% Added +153.8k +153,788
9 HHLR ADVISORS, LTD. 7.76% of their portfolio GRAND CAYMAN, E9 2,668,6972.7m $274.7m $274.7m 7.76% Added +79.8k +79,754
10 WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio Boston, MA 1,988,5412.0m $204.7m $204.7m 0.04% Added +1.0m +1,049,023
11 PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio BALTIMORE, MD 1,977,8352.0m $203.6m $203.6m 0.03% Added +697.2k +697,192
12 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio BOSTON, MA 1,936,2751.9m $199.3m $199.3m 0.16% Reduced -80.2k -80,190
13 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 1,890,7551.9m $194.6m $194.6m 0.04% Reduced -474.7k -474,709
14 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio Boston, MA 1,742,3851.7m $179.3m $179.3m 0.06% Reduced -23.9k -23,942
15 FIL Ltd 0.16% of their portfolio HAMILTON, D0 1,655,7151.7m $170.4m $170.4m 0.16% Reduced -12.6k -12,644
16 Fisher Asset Management, LLC 0.05% of their portfolio PLANO, TX 1,175,1221.2m $120.9m $120.9m 0.05% Added +28.1k +28,088
17 FMR LLC 0.01% of their portfolio BOSTON, MA 1,151,1791.2m $118.5m $118.5m 0.01% Added +373.6k +373,637
18 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,147,0301.1m $118.1m $118.1m 0.01% Reduced -438.5k -438,535
19 RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio NEW YORK, NY 1,034,0881.0m $106.4m $106.4m 0.16% Added +47.2k +47,200
20 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 811,199811.2k $83.5m $83.5m 0.01% Added +6.0k +6,005
21 Man Group plc 0.23% of their portfolio LONDON, X0 737,284737.3k $75.9m $75.9m 0.23% Added +29.0k +29,016
22 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 716,779716.8k $73.6m $73.6m 0.02% Added +897 +897
23 Mawer Investment Management Ltd. 0.33% of their portfolio CALGARY, A0 668,811668.8k $68.8m $68.8m 0.33% Reduced -32.8k -32,831
24 Capital International Investors 0.01% of their portfolio Los Angeles, CA 655,807655.8k $66.6m $66.6m 0.01% Reduced -424.6k -424,630
25 Cederberg Capital Ltd 25.64% of their portfolio LONDON, X0 644,975645.0k $66.4m $66.4m 25.64% Reduced -47.5k -47,500
26 BlackRock, Inc. 0.00% of their portfolio New York, NY 641,577641.6k $66.0m $66.0m 0.00% Reduced -157.8k -157,829
27 AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio KANSAS CITY, MO 625,499625.5k $64.4m $64.4m 0.04% Added +57.0k +57,045
28 VAN ECK ASSOCIATES CORP 0.08% of their portfolio NEW YORK, NY 621,181621.2k $63.9m $63.9m 0.08% Added +23.6k +23,554
29 Davis Selected Advisers 0.35% of their portfolio Tucson, AZ 596,114596.1k $61.4m $61.4m 0.35% Reduced -1.2k -1,206
30 Temasek Holdings (Private) Ltd 0.25% of their portfolio SINGAPORE, U0 594,507594.5k $61.2m $61.2m 0.25% Added +125.4k +125,369
31 UBS Group AG 0.01% of their portfolio ZURICH, V8 543,429543.4k $55.9m $55.9m 0.01% Reduced -287.5k -287,506
32 Handelsbanken Fonder AB 0.21% of their portfolio STOCKHOLM, V7 502,115502.1k $51.7m $51.7m 0.21% Added +57.9k +57,895
33 JANE STREET GROUP, LLC 0.09% of their portfolio NEW YORK, NY 499,607499.6k $51.4m $51.4m 0.09% Added +217.5k +217,486
34 Amundi 0.02% of their portfolio Paris, I0 481,946481.9k $50.6m $50.6m 0.02% Reduced -57.9k -57,945
35 Capital International, Inc./CA/ 0.59% of their portfolio Los Angeles, CA 473,629473.6k $48.7m $48.7m 0.59% Reduced -335 -335
36 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 431,048431.0k $44.4m $44.4m 0.01% Added +395 +395
37 NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio STOCKHOLM, V7 326,854326.9k $33.3m $33.3m 0.04% Added +10.2k +10,216
38 TODD ASSET MANAGEMENT LLC 0.77% of their portfolio Louisville, KY 319,138319.1k $32.8m $32.8m 0.77% Reduced -516 -516
39 Ninety One North America, Inc. 2.20% of their portfolio New York, NY 317,313317.3k $32.7m $32.7m 2.20% Reduced -20.2k -20,223
40 NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio ALBANY, NY 279,489279.5k $28.8m $28.8m 0.04% New
41 SIH Partners, LLLP 2.51% of their portfolio Wilmington, DE 278,369278.4k $28.6m $28.6m 2.51% New
42 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 246,805246.8k $25.4m $25.4m 0.00% Reduced -270.8k -270,793
43 WT Asset Management Ltd 2.85% of their portfolio HONG KONG, K3 237,206237.2k $24.4m $24.4m 2.85% Added +207.8k +207,793
44 Legal & General Group Plc 0.01% of their portfolio London, X0 222,054222.1k $22.9m $22.9m 0.01% Added +28.7k +28,724
45 TT International Asset Management LTD 3.27% of their portfolio LONDON, X0 212,964213.0k $21.9m $21.9m 3.27% New
46 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 212,466212.5k $21.9m $21.9m 0.00% Added +118.0k +118,042
47 Perseverance Asset Management International 2.77% of their portfolio GEORGE TOWN, E9 206,350206.3k $21.2m $21.2m 2.77% Reduced -132.5k -132,506
48 LMR Partners LLP 0.42% of their portfolio LONDON, X0 201,655201.7k $20.8m $20.8m 0.42% New
49 Robeco Institutional Asset Management B.V. 0.04% of their portfolio ROTTERDAM, P7 200,174200.2k $20.6m $20.6m 0.04% Added +3.3k +3,283
50 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio FRANKFORT, KY 194,700194.7k $20.0m $20.0m 0.18% Unchanged
51 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 194,638194.6k $20.0m $20.0m 0.03% Added +118.9k +118,861
52 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 193,939193.9k $19.9m $19.9m 0.02% Added +65.5k +65,514
53 Optiver Holding B.V. 0.69% of their portfolio AMSTERDAM, P7 177,660177.7k $17.9m $17.9m 0.69% Added +92.7k +92,655
54 Point72 Hong Kong Ltd 1.28% of their portfolio HONG KONG, K3 174,689174.7k $18.0m $18.0m 1.28% Added +35.1k +35,070
55 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 169,762169.8k $17.5m $17.5m 0.01% First filing
56 TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio NEW YORK, NY 164,973165.0k $17.0m $17.0m 0.04% Reduced -143.2k -143,157
57 BI Asset Management Fondsmaeglerselskab A/S 0.19% of their portfolio KOBENHAVN, G7 163,622163.6k $16.8m $16.8m 0.19% Reduced -1.9k -1,899
58 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.03% of their portfolio CAUSEWAY BAY, K3 154,165154.2k $15.9m $15.9m 0.03% Reduced -1.7k -1,720
59 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 154,157154.2k $15.9m $15.9m 0.00% Reduced -83.2k -83,178
60 Aspex Management (HK) Ltd 0.39% of their portfolio CENTRAL, K3 147,655147.7k $15.2m $15.2m 0.39% Unchanged
61 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 137,542137.5k $14.2m $14.2m 0.01% Reduced -1.8k -1,784
62 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 132,911132.9k $13.7m $13.7m 0.02% New
63 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 116,689116.7k $12.0m $12.0m 0.02% Reduced -200.1k -200,081
64 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 116,645116.6k $12.0m $12.0m 0.02% Reduced -251 -251
65 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 106,877106.9k $11.0m $11.0m 0.01% Reduced -592.5k -592,501
66 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 103,889103.9k $10.7m $10.7m 0.01% Reduced -134.9k -134,853
67 Ariose Capital Management Ltd 11.66% of their portfolio CENTRAL, HONG KONG, K3 103,300103.3k $10.6m $10.6m 11.66% New
68 APEIRON CAPITAL Ltd 4.63% of their portfolio HONG KONG, K3 97,82197.8k $10.1m $10.1m 4.63% Reduced -31.5k -31,500
69 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 96,83996.8k $10.0m $10.0m 0.03% Reduced -28.9k -28,939
70 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio COLUMBUS, OH 95,35795.4k $9.8m $9.8m 0.04% Reduced -33.0k -32,959
71 Guinness Asset Management LTD 0.19% of their portfolio LONDON, X0 95,10295.1k $9.8m $9.8m 0.19% Added +7.6k +7,581
72 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 91,50091.5k $9.4m $9.4m 0.01% Reduced -465.7k -465,726
73 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 89,63689.6k $9.2m $9.2m 0.00% Reduced -17.7k -17,670
74 Tairen Capital Ltd 0.60% of their portfolio HONG KONG, K3 87,64687.6k $9.0m $9.0m 0.60% New
75 OLD MISSION CAPITAL LLC 0.17% of their portfolio CHICAGO, IL 83,44683.4k $8.6m $8.6m 0.17% New
76 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 82,62482.6k $8.5m $8.5m 0.00% Reduced -10.2k -10,229
77 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 79,94479.9k $8.2m $8.2m 0.01% New
78 AVIVA PLC 0.02% of their portfolio LONDON, X0 78,43378.4k $8.1m $8.1m 0.02% Added +19.3k +19,347
79 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 74,50074.5k $7.7m $7.7m 0.00% Added +10.8k +10,757
80 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 73,96274.0k $7.6m $7.6m 0.00% Reduced -11.9k -11,926
81 State of New Jersey Common Pension Fund D 0.03% of their portfolio TRENTON, NJ 73,87573.9k $7.6m $7.6m 0.03% Unchanged
82 Harding Loevner LP 0.06% of their portfolio Bridgewater, NJ 70,47170.5k $7.3m $7.3m 0.06% New
83 Trexquant Investment LP 0.08% of their portfolio STAMFORD, CT 70,29770.3k $7.2m $7.2m 0.08% New
84 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 66,18966.2k $6.8m $6.8m 0.05% New
85 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 65,58465.6k $6.7m $6.7m 0.00% Added +42.6k +42,577
86 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 62,05462.1k $6.4m $6.4m 0.03% Reduced -2.8k -2,848
87 Ninety One SA (Pty) Ltd 1.12% of their portfolio Cape Town, T3 58,51358.5k $6.0m $6.0m 1.12% Added +53.8k +53,799
88 Ativo Capital Management LLC 4.95% of their portfolio CHICAGO, IL 56,19956.2k $5.8m $5.8m 4.95% Added +14.8k +14,849
89 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 55,19855.2k $5.7m $5.7m 0.01% Reduced -82 -82
90 Strategic Global Advisors, LLC 1.12% of their portfolio NEWPORT BEACH, CA 55,11455.1k $5.7m $5.7m 1.12% Reduced -708 -708
91 Veritas Asset Management LLP 0.06% of their portfolio London, X0 55,06955.1k $5.7m $5.7m 0.06% Unchanged
92 FengHe Fund Management Pte. Ltd. 2.08% of their portfolio Singapore, U0 54,00054.0k $5.6m $5.6m 2.08% Reduced -288.6k -288,600
93 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 53,89053.9k $5.5m $5.5m 0.01% New
94 Taikang Asset Management (Hong Kong) Co Ltd 0.75% of their portfolio HONG KONG, K3 53,80053.8k $5.5m $5.5m 0.75% Added +34.0k +34,000
95 XY Capital Ltd 3.60% of their portfolio CENTRAL, K3 53,12053.1k $5.5m $5.5m 3.60% New
96 NAN FUNG TRINITY (HK) LTD 0.82% of their portfolio CENTRAL, HONG KONG, K3 50,30050.3k $5.2m $5.2m 0.82% Reduced -49.0k -49,000
97 SCHRODER INVESTMENT MANAGEMENT GROUP 0.01% of their portfolio London, X0 50,14250.1k $5.2m $5.2m 0.01% Added +37.3k +37,257
98 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 47,73847.7k $4.9m $4.9m 0.01% Reduced -86.4k -86,375
99 Skandinaviska Enskilda Banken AB (publ) 0.02% of their portfolio STOCKHOLM, V7 45,30045.3k $4.7m $4.7m 0.02% New
100 OPTIMAS CAPITAL Ltd 7.69% of their portfolio CENTRAL, K3 43,98644.0k $4.5m $4.5m 7.69% Reduced -21.3k -21,315