Vault-13

NETEASE INC NTES

SPONSORED ADS · ADR · CUSIP 64110W102 · ISIN US64110W1027

Chinese Internet technology company

435 institutional holders +57 vs Q1 2025
52,911,84552.9m shares reported held*
$7.1bnreported value*
101 new 139 added 117 reduced 48 sold out net sold ≈ $2.0bn (-17.9m 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 ($23.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $134.54. Options: 19 managers hold calls ($158.6m notional), 19 hold puts ($192.0m).

Trends to Q2 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: 378Q2 25: 435435Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025435

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 170 bought or addedQ3 23: 160 cut or sold outQ4 23: 200 bought or addedQ4 23: 158 cut or sold outQ4 23Q1 24: 199 bought or addedQ1 24: 208 cut or sold outQ2 24: 163 bought or addedQ2 24: 209 cut or sold outQ2 24Q3 24: 144 bought or addedQ3 24: 221 cut or sold outQ4 24: 155 bought or addedQ4 24: 190 cut or sold outQ4 24Q1 25: 186 bought or addedQ1 25: 164 cut or sold outQ2 25: 240 bought or addedQ2 25: 165 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023170160
Q4 2023200158
Q1 2024199208
Q2 2024163209
Q3 2024144221
Q4 2024155190
Q1 2025186164
Q2 2025240165

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ3 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 0.77Q2 25 calls: $158.6mQ2 25 puts: $192.0mQ2 25P/C 1.21
Numbers
QuarterCallsPutsP/C
Q3 2024$222.5m$228.5m1.03
Q4 2024$190.6m$182.3m0.96
Q1 2025$185.1m$142.6m0.77
Q2 2025$158.6m$192.0m1.21

Biggest buyers

Harding Loevner LP Added +2,512,165+2.5m
FMR LLC Added +550,684+550.7k
Clark Capital Management Group, Inc. New +455,232+455.2k
CAUSEWAY CAPITAL MANAGEMENT LLC New +441,494+441.5k
ROYAL BANK OF CANADA Added +263,166+263.2k
Man Group plc Added +245,872+245.9k
ENVESTNET ASSET MANAGEMENT INC Added +189,963+190.0k
BI Asset Management Fondsmaeglerselskab A/S Added +168,573+168.6k
Ninety One North America, Inc. Added +166,432+166.4k
BlackRock, Inc. Added +146,160+146.2k

Biggest sellers

UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduced -5,371,842-5.4m
LAZARD ASSET MANAGEMENT LLC Reduced -3,218,124-3.2m
Mirae Asset Global Investments Co., Ltd. Reduced -2,777,082-2.8m
Capital World Investors Reduced -2,181,884-2.2m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,975,910-2.0m
FIL Ltd Sold out -1,655,715-1.7m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,106,557-1.1m
HHLR ADVISORS, LTD. Reduced -1,005,029-1.0m
Invesco Ltd. Reduced -451,198-451.2k
MORGAN STANLEY Reduced -360,274-360.3k

Biggest calls

UBS Group AG Reduced $37.1m276.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $34.4m255.8k shares
MILLENNIUM MANAGEMENT LLC Reduced $29.5m219.5k shares
IMC-Chicago, LLC Reduced $12.2m90.5k shares
GROUP ONE TRADING LLC Added $10.7m79.5k shares
CITADEL ADVISORS LLC Reduced $6.3m47.1k shares
BNP PARIBAS FINANCIAL MARKETS Reduced $6.1m450 shares
WOLVERINE TRADING, LLC Reduced $4.6m34.5k shares
HSBC HOLDINGS PLC Unchanged $3.8m28.5k shares
JANE STREET GROUP, LLC Reduced $3.1m22.9k shares

Biggest puts

UBS Group AG Added $46.0m341.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $42.7m317.5k shares
BNP PARIBAS FINANCIAL MARKETS Reduced $25.7m1.9k shares
JANE STREET GROUP, LLC Added $17.2m127.5k shares
IMC-Chicago, LLC Reduced $13.7m102.1k shares
Arrowpoint Investment Partners (Singapore) Pte. Ltd. New $13.5m100.0k shares
Walleye Trading LLC Added $6.3m46.6k shares
Squarepoint Ops LLC New $5.2m38.7k shares
CITADEL ADVISORS LLC Reduced $4.2m30.9k shares
WOLVERINE TRADING, LLC Added $4.1m31.2k 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Ninety One UK Ltd 1.98% of their portfolio London, X0 6,267,7696.3m $843.5m $843.5m 1.98% Added +135.0k +134,967
2 Orbis Allan Gray Ltd 2.30% of their portfolio HamiltoN, D0 3,507,2143.5m $472.0m $472.0m 2.30% Reduced -157.8k -157,759
3 Greenwoods Asset Management Hong Kong Ltd. 16.33% of their portfolio HONG KONG, K3 3,486,0003.5m $469.1m $469.1m 16.33% Reduced -89.1k -89,098
4 Dodge & Cox 0.21% of their portfolio San Francisco, CA 2,745,7762.7m $369.5m $369.5m 0.21% Reduced -57.9k -57,888
5 Harding Loevner LP 2.34% of their portfolio Bridgewater, NJ 2,582,6362.6m $347.6m $347.6m 2.34% Added +2.5m +2,512,165
6 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.19% of their portfolio BOSTON, MA 1,977,1462.0m $266.1m $266.1m 0.19% Added +40.9k +40,871
7 FMR LLC 0.01% of their portfolio BOSTON, MA 1,701,8631.7m $229.0m $229.0m 0.01% Added +550.7k +550,684
8 HHLR ADVISORS, LTD. 7.21% of their portfolio GRAND CAYMAN, E9 1,663,6681.7m $223.9m $223.9m 7.21% Reduced -1.0m -1,005,029
9 Capital World Investors 0.03% of their portfolio LOS ANGELES, CA 1,551,1141.6m $208.7m $208.7m 0.03% Reduced -2.2m -2,181,884
10 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio Boston, MA 1,502,9021.5m $202.3m $202.3m 0.06% Reduced -239.5k -239,483
11 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 1,439,5571.4m $193.7m $193.7m 0.03% Reduced -451.2k -451,198
12 RENAISSANCE TECHNOLOGIES LLC 0.19% of their portfolio NEW YORK, NY 1,089,0881.1m $146.6m $146.6m 0.19% Added +55.0k +55,000
13 Fisher Asset Management, LLC 0.06% of their portfolio PLANO, TX 1,082,1911.1m $145.6m $145.6m 0.06% Reduced -92.9k -92,931
14 Man Group plc 0.29% of their portfolio LONDON, X0 983,156983.2k $132.3m $132.3m 0.29% Added +245.9k +245,872
15 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 881,984882.0k $118.7m $118.7m 0.02% Reduced -1.1m -1,106,557
16 BlackRock, Inc. 0.00% of their portfolio New York, NY 787,737787.7k $106.0m $106.0m 0.00% Added +146.2k +146,160
17 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 786,756786.8k $105.9m $105.9m 0.01% Reduced -360.3k -360,274
18 AMERICAN CENTURY COMPANIES INC 0.05% of their portfolio KANSAS CITY, MO 748,450748.5k $100.7m $100.7m 0.05% Added +123.0k +122,951
19 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 729,622729.6k $98.2m $98.2m 0.02% Added +12.8k +12,843
20 Cederberg Capital Ltd 31.87% of their portfolio LONDON, X0 644,975645.0k $86.8m $86.8m 31.87% Unchanged
21 Davis Selected Advisers 0.43% of their portfolio Tucson, AZ 593,347593.3k $79.9m $79.9m 0.43% Reduced -2.8k -2,767
22 Capital International Investors 0.01% of their portfolio Los Angeles, CA 575,983576.0k $76.7m $76.7m 0.01% Reduced -79.8k -79,824
23 VAN ECK ASSOCIATES CORP 0.09% of their portfolio NEW YORK, NY 574,804574.8k $77.4m $77.4m 0.09% Reduced -46.4k -46,377
24 UBS Group AG 0.01% of their portfolio ZURICH, V8 527,561527.6k $71.0m $71.0m 0.01% Reduced -15.9k -15,868
25 Handelsbanken Fonder AB 0.24% of their portfolio STOCKHOLM, V7 512,115512.1k $68.9m $68.9m 0.24% Added +10.0k +10,000
26 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 507,149507.1k $68.3m $68.3m 0.01% Added +76.1k +76,101
27 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 495,631495.6k $66.7m $66.7m 0.01% Reduced -315.6k -315,568
28 Ninety One North America, Inc. 3.20% of their portfolio New York, NY 483,745483.7k $65.1m $65.1m 3.20% Added +166.4k +166,432
29 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 475,632475.6k $64.0m $64.0m 0.01% Added +263.2k +263,166
30 Mawer Investment Management Ltd. 0.32% of their portfolio CALGARY, A0 463,490463.5k $62.4m $62.4m 0.32% Reduced -205.3k -205,321
31 Clark Capital Management Group, Inc. 0.43% of their portfolio PHILADELPHIA, PA 455,232455.2k $61.3m $61.3m 0.43% New
32 CAUSEWAY CAPITAL MANAGEMENT LLC 0.94% of their portfolio LOS ANGELES, CA 441,494441.5k $59.4m $59.4m 0.94% New
33 Amundi 0.02% of their portfolio Paris, I0 437,794437.8k $58.2m $58.2m 0.02% Reduced -44.2k -44,152
34 SIH Partners, LLLP 5.17% of their portfolio Wilmington, DE 404,821404.8k $54.5m $54.5m 5.17% Added +126.5k +126,452
35 LAZARD ASSET MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 395,600395.6k $53.2m $53.2m 0.07% Reduced -3.2m -3,218,124
36 Temasek Holdings (Private) Ltd 0.19% of their portfolio SINGAPORE, U0 366,075366.1k $49.3m $49.3m 0.19% Reduced -228.4k -228,432
37 BI Asset Management Fondsmaeglerselskab A/S 0.44% of their portfolio KOBENHAVN, G7 332,195332.2k $44.7m $44.7m 0.44% Added +168.6k +168,573
38 TODD ASSET MANAGEMENT LLC 0.94% of their portfolio Louisville, KY 322,481322.5k $43.4m $43.4m 0.94% Added +3.3k +3,343
39 NORDEA INVESTMENT MANAGEMENT AB 0.04% of their portfolio STOCKHOLM, V7 319,208319.2k $42.9m $42.9m 0.04% Reduced -7.6k -7,646
40 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 264,463264.5k $35.6m $35.6m 0.01% Added +190.0k +189,963
41 JANE STREET GROUP, LLC 0.06% of their portfolio NEW YORK, NY 257,603257.6k $34.7m $34.7m 0.06% Reduced -242.0k -242,004
42 Capital International, Inc./CA/ 0.29% of their portfolio Los Angeles, CA 218,706218.7k $29.4m $29.4m 0.29% Reduced -254.9k -254,923
43 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio BALA CYNWYD, PA 202,843202.8k $27.3m $27.3m 0.04% Added +8.2k +8,205
44 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 202,563202.6k $27.3m $27.3m 0.00% Added +48.4k +48,406
45 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 195,991196.0k $26.4m $26.4m 0.02% Added +58.4k +58,449
46 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.21% of their portfolio FRANKFORT, KY 194,700194.7k $26.2m $26.2m 0.21% Unchanged
47 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 187,415187.4k $25.2m $25.2m 0.01% Added +145.9k +145,906
48 Robeco Institutional Asset Management B.V. 0.04% of their portfolio ROTTERDAM, P7 174,779174.8k $23.5m $23.5m 0.04% Reduced -25.4k -25,395
49 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 166,852166.9k $22.5m $22.5m 0.02% Added +63.0k +62,963
50 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio CAUSEWAY BAY, K3 152,930152.9k $20.6m $20.6m 0.04% Reduced -1.2k -1,235
51 Aspex Management (HK) Ltd 0.43% of their portfolio CENTRAL, K3 147,655147.7k $19.9m $19.9m 0.43% Unchanged
52 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 144,007144.0k $19.4m $19.4m 0.02% Added +27.3k +27,318
53 Point72 Asset Management, L.P. 0.05% of their portfolio STAMFORD, CT 141,944141.9k $19.1m $19.1m 0.05% Added +45.1k +45,105
54 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 139,744139.7k $18.8m $18.8m 0.03% Reduced -139.7k -139,745
55 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 138,743138.7k $18.7m $18.7m 0.01% Reduced -31.0k -31,019
56 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 136,575136.6k $18.4m $18.4m 0.02% Added +56.6k +56,631
57 Legal & General Group Plc 0.00% of their portfolio London, X0 127,280127.3k $17.1m $17.1m 0.00% Reduced -94.8k -94,774
58 Walleye Trading LLC 0.40% of their portfolio NEW YORK, NY 122,081122.1k $16.4m $16.4m 0.40% New
59 Swedbank AB 0.02% of their portfolio STOCKHOLM, V7 120,100120.1k $16.2m $16.2m 0.02% First filing
60 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 116,762116.8k $15.7m $15.7m 0.02% Added +117 +117
61 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 108,854108.9k $14.7m $14.7m 0.04% Added +99.6k +99,576
62 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio COLUMBUS, OH 105,480105.5k $14.2m $14.2m 0.05% Added +10.1k +10,123
63 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 100,448100.4k $13.5m $13.5m 0.01% Reduced -6.4k -6,429
64 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 93,16893.2k $12.5m $12.5m 0.01% Reduced -100.8k -100,771
65 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 91,57191.6k $12.3m $12.3m 0.01% Added +67.9k +67,934
66 NATIXIS ADVISORS, LLC 0.02% of their portfolio Boston, MA 87,58087.6k $11.8m $11.8m 0.02% Added +32.4k +32,382
67 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 84,97785.0k $11.4m $11.4m 0.00% Reduced -4.7k -4,659
68 AVIVA PLC 0.02% of their portfolio LONDON, X0 76,06576.1k $10.2m $10.2m 0.02% Reduced -2.4k -2,368
69 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 75,39775.4k $10.1m $10.1m 0.00% Reduced -7.2k -7,227
70 Point72 Hong Kong Ltd 0.70% of their portfolio HONG KONG, K3 74,84774.8k $10.1m $10.1m 0.70% Reduced -99.8k -99,842
71 Guinness Asset Management LTD 0.17% of their portfolio LONDON, X0 70,51470.5k $9.5m $9.5m 0.17% Reduced -24.6k -24,588
72 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 68,00768.0k $9.2m $9.2m 0.01% Added +57.5k +57,510
73 Trexquant Investment LP 0.10% of their portfolio STAMFORD, CT 66,95967.0k $9.0m $9.0m 0.10% Reduced -3.3k -3,338
74 CI INVESTMENTS INC. 0.03% of their portfolio TORONTO, Z4 66,49466.5k $8.9m $8.9m 0.03% Added +4.4k +4,440
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 64,89964.9k $8.7m $8.7m 0.00% Reduced -181.9k -181,906
76 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 63,72163.7k $8.6m $8.6m 0.00% Reduced -10.2k -10,241
77 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 63,00063.0k $8.5m $8.5m 0.01% New
78 Taikang Asset Management (Hong Kong) Co Ltd 1.09% of their portfolio HONG KONG, K3 62,70562.7k $8.4m $8.4m 1.09% Added +8.9k +8,905
79 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 61,92661.9k $8.3m $8.3m 0.01% Added +55.4k +55,395
80 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 59,59459.6k $8.0m $8.0m 0.01% Added +33.3k +33,318
81 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 59,00059.0k $7.9m $7.9m 0.02% New
82 Ninety One SA (Pty) Ltd 1.29% of their portfolio Cape Town, T3 58,51358.5k $7.9m $7.9m 1.29% Unchanged
83 MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 1.77% of their portfolio SAN FRANCISCO, CA 57,12757.1k $7.7m $7.7m 1.77% Added +14.3k +14,277
84 Strategic Global Advisors, LLC 1.23% of their portfolio NEWPORT BEACH, CA 56,22356.2k $7.6m $7.6m 1.23% Added +1.1k +1,109
85 Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio TOKYO, M0 55,63555.6k $7.5m $7.5m 0.02% Added +42.6k +42,587
86 Veritas Asset Management LLP 0.07% of their portfolio London, X0 55,06955.1k $7.4m $7.4m 0.07% Unchanged
87 ExodusPoint Capital Management, LP 0.09% of their portfolio NEW YORK, NY 53,51153.5k $7.2m $7.2m 0.09% New
88 LMR Partners LLP 0.10% of their portfolio LONDON, X0 48,50348.5k $6.5m $6.5m 0.10% Reduced -153.2k -153,152
89 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 48,08548.1k $6.5m $6.5m 0.02% Added +6.2k +6,229
90 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 46,56946.6k $6.3m $6.3m 0.00% Added +24.6k +24,633
91 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 45,29045.3k $6.1m $6.1m 0.01% Reduced -8.6k -8,600
92 MANNING & NAPIER ADVISORS LLC 0.07% of their portfolio Fairport, NY 44,21244.2k $6.0m $6.0m 0.07% Added +3.7k +3,727
93 Ativo Capital Management LLC 5.04% of their portfolio CHICAGO, IL 41,86641.9k $5.6m $5.6m 5.04% Reduced -14.3k -14,333
94 KBC Group NV 0.02% of their portfolio Brussels, C9 41,63941.6k $5.6m $5.6m 0.02% Reduced -2.0k -1,986
95 OPTIMAS CAPITAL Ltd 5.81% of their portfolio CENTRAL, K3 40,93140.9k $5.5m $5.5m 5.81% Reduced -3.1k -3,055
96 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 39,93939.9k $5.4m $5.4m 0.02% Reduced -2.8m -2,777,082
97 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 38,15838.2k $5.1m $5.1m 0.00% Added +739 +739
98 EDMOND DE ROTHSCHILD HOLDING S.A. 0.08% of their portfolio CHAMBESY, V8 37,40037.4k $5.0m $5.0m 0.08% Reduced -3.7k -3,700
99 HRT FINANCIAL LP 0.03% of their portfolio NEW YORK, NY 37,15437.2k $5.0m $5.0m 0.03% Reduced -29.0k -29,035
100 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio Stamford, CT 36,77136.8k $4.9m $4.9m 0.03% Added +10.2k +10,220