NETEASE INC NTES
SPONSORED ADS · ADR · CUSIP 64110W102 · ISIN US64110W1027
Chinese Internet technology company
* 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 ($6.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $128.51. Options: 16 managers hold calls ($129.3m notional), 16 hold puts ($83.0m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 323 |
| Q4 2022 | 320 |
| Q1 2023 | 314 |
| Q2 2023 | 333 |
| Q3 2023 | 360 |
| Q4 2023 | 403 |
| Q1 2024 | 405 |
| Q2 2024 | 388 |
| Q3 2024 | 367 |
| Q4 2024 | 369 |
| Q1 2025 | 378 |
| Q2 2025 | 435 |
| Q3 2025 | 443 |
| Q4 2025 | 461 |
| Q1 2026 | 432 |
| Q2 2026 | 459 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 144 | 221 |
| Q4 2024 | 155 | 190 |
| Q1 2025 | 186 | 164 |
| Q2 2025 | 240 | 165 |
| Q3 2025 | 203 | 219 |
| Q4 2025 | 213 | 207 |
| Q1 2026 | 195 | 230 |
| Q2 2026 | 255 | 169 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $233.2m | $129.7m | 0.56 |
| Q4 2025 | $90.9m | $71.0m | 0.78 |
| Q1 2026 | $70.8m | $91.1m | 1.29 |
| Q2 2026 | $129.3m | $83.0m | 0.64 |
Biggest buyers
| GQG Partners LLC | New | +1.2m |
| CAUSEWAY CAPITAL MANAGEMENT LLC | New | +572.4k |
| Ruffer LLP | New | +487.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +439.0k |
| FMR LLC | Added | +399.7k |
| Capital International Investors | Added | +383.9k |
| SG Americas Securities, LLC | New | +338.7k |
| UBS Group AG | Added | +320.3k |
| Point72 Asset Management, L.P. | New | +296.2k |
| LAZARD ASSET MANAGEMENT LLC | Added | +283.7k |
Biggest sellers
| Greenwoods Asset Management Hong Kong Ltd. | Reduced | -2.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -648.5k |
| Mawer Investment Management Ltd. | Sold out | -521.9k |
| JPMORGAN CHASE & CO | Reduced | -469.6k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -391.4k |
| PBU - The Pension Fund of Early Childhood & Youth Educators | Sold out | -321.3k |
| SIH Partners, LLLP | Reduced | -303.9k |
| Qube Research & Technologies Ltd | Sold out | -204.9k |
| Cederberg Capital Ltd | Reduced | -174.3k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -167.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $39.7m310.2k shares |
| CITADEL ADVISORS LLC | Added | $17.9m139.5k shares |
| UBS Group AG | Added | $17.4m135.7k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $11.5m90.0k shares |
| Capula Management Ltd | Not comparable | $10.2m79.7k shares |
| Parallax Volatility Advisers, L.P. | New | $6.4m50.0k shares |
| BRIGHT VALLEY CAPITAL Ltd | New | $6.4m50.0k shares |
| IMC-Chicago, LLC | Reduced | $5.5m43.1k shares |
| Walleye Trading LLC | Reduced | $3.5m27.5k shares |
| GROUP ONE TRADING LLC | Added | $2.8m22.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $26.4m206.1k shares |
| UBS Group AG | Added | $13.4m104.3k shares |
| Walleye Trading LLC | Reduced | $10.7m83.8k shares |
| IMC-Chicago, LLC | Reduced | $10.7m83.3k shares |
| CITADEL ADVISORS LLC | Reduced | $9.1m71.1k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8m21.7k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m17.2k shares |
| One River Asset Management, LLC | New | $2.0m15.4k shares |
| Capula Management Ltd | Reduced | $1.4m11.3k shares |
| JANE STREET GROUP, LLC | Reduced | $1.1m8.2k 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 since 1 Apr 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $1.3m | — |
| Q3 2026 | 0 | — | 1 | $86.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | Mo Bin Vice President, Finance · American Depositary Shares | Sold | $86.4k716 shares |
| 2026-06-29 | Boltz Paul William JR General Counsel · American Depositary Shares | Sold | $1.3m10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.19% of their portfolio | 8.0m $1.0bn | Reduced -35.9k |
| Ninety One UK Ltd 1.79% of their portfolio | 6.2m $800.4m | Reduced -39.6k |
| Orbis Allan Gray Ltd 1.54% of their portfolio | 3.5m $448.9m | Reduced -81.0k |
| FMR LLC 0.01% of their portfolio | 2.5m $322.5m | Added +399.7k |
| Harding Loevner LP 2.74% of their portfolio | 2.3m $291.4m | Reduced -65.6k |
| Dodge & Cox 0.15% of their portfolio | 2.2m $277.1m | Added +5.5k |
| Invesco Ltd. 0.02% of their portfolio | 2.0m $262.3m | Added +25.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.07% of their portfolio | 1.6m $222.0m | Added +195.8k |
| GQG Partners LLC 0.29% of their portfolio | 1.2m $157.2m | New |
| AMERICAN CENTURY COMPANIES INC 0.07% of their portfolio | 1.2m $148.8m | Added +158.1k |
| Fisher Asset Management, LLC 0.04% of their portfolio | 1.1m $146.8m | Reduced -1.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.1m $140.8m | Added +273.4k |
| MORGAN STANLEY 0.01% of their portfolio | 1.1m $135.7m | Added +117.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 1.0m $134.0m | Added +439.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.0m $131.8m | Reduced -51.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio | 971.8k $124.5m | Reduced -391.4k |
| LAZARD ASSET MANAGEMENT LLC 0.17% of their portfolio | 865.4k $110.9m | Added +283.7k |
| Man Group plc 0.18% of their portfolio | 747.3k $95.8m | Reduced -32.3k |
| Temasek Holdings (Private) Ltd 0.25% of their portfolio | 708.1k $90.7m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 676.9k $86.7m | Reduced -648.5k |
| UBS Group AG 0.01% of their portfolio | 621.1k $79.6m | Added +320.3k |
| Capital International Investors 0.02% of their portfolio | 620.9k $79.6m | Added +383.9k |
| Davis Selected Advisers 0.34% of their portfolio | 613.0k $78.5m | Added +190.2k |
| Greenwoods Asset Management Hong Kong Ltd. 3.52% of their portfolio | 600.6k $77.0m | Reduced -2.6m |
| Capital World Investors 0.01% of their portfolio | 588.8k $75.4m | Added +47.6k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.79% of their portfolio | 572.4k $73.3m | New |
| VAN ECK ASSOCIATES CORP 0.04% of their portfolio | 543.4k $69.6m | Reduced -43.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 518.3k $66.4m | Reduced -35.0k |
| Ruffer LLP 2.21% of their portfolio | 487.9k $62.5m | New |
| Ninety One North America, Inc. 2.92% of their portfolio | 486.0k $62.3m | Reduced -19.9k |
| BI Asset Management Fondsmaeglerselskab A/S 0.47% of their portfolio | 460.5k $59.0m | Added +120.2k |
| Handelsbanken Fonder AB 0.16% of their portfolio | 434.1k $55.6m | Added +12.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 407.5k $52.2m | Added +3.8k |
| BRANDES INVESTMENT PARTNERS, LP 0.34% of their portfolio | 378.5k $48.5m | Added +269.1k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 367.4k $47.1m | Added +42.7k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 346.0k $44.3m | Reduced -35.4k |
| SG Americas Securities, LLC 0.02% of their portfolio | 338.7k $43.4m | New |
| Amundi 0.01% of their portfolio | 336.6k $43.1m | Reduced -18.0k |
| TODD ASSET MANAGEMENT LLC 0.76% of their portfolio | 332.5k $42.6m | Reduced -2.0k |
| Carrhae Capital LLP 2.59% of their portfolio | 306.6k $39.3m | Added +237.4k |
| Point72 Asset Management, L.P. 0.06% of their portfolio | 296.2k $38.0m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 287.6k $36.9m | Added +99.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 229.0k $29.5m | Reduced -25.4k |
| Swedbank AB 0.03% of their portfolio | 227.1k $29.1m | Added +35.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 220.9k $28.3m | Added +48.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio | 210.9k $27.0m | Unchanged |
| SIH Partners, LLLP 1.12% of their portfolio | 209.0k $26.8m | Reduced -303.9k |
| Capital International, Inc./CA/ 0.17% of their portfolio | 192.1k $24.6m | Added +3.8k |
| Cederberg Capital Ltd 23.67% of their portfolio | 185.4k $23.8m | Reduced -174.3k |
| ASSETMARK, INC 0.04% of their portfolio | 181.1k $23.2m | Added +40.0k |
| Capital Wealth Planning, LLC 0.11% of their portfolio | 166.2k $21.3m | Added +74.4k |
| MY.Alpha Management HK Advisors Ltd 7.77% of their portfolio | 157.5k $20.2m | Reduced -30.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 155.5k $19.9m | Added +49.5k |
| Aspex Management (HK) Ltd 0.21% of their portfolio | 147.7k $18.9m | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 143.4k $18.4m | Added +43.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 141.4k $18.1m | Added +2.1k |
| CITIGROUP INC 0.01% of their portfolio | 135.0k $17.3m | Reduced -1.7k |
| Crossmark Global Holdings, Inc. 0.21% of their portfolio | 125.0k $16.0m | Added +1.8k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.09% of their portfolio | 123.5k $15.8m | Reduced -167.7k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 122.3k $15.7m | Added +121.5k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.04% of their portfolio | 117.0k $15.0m | Added +11.5k |
| Robeco Institutional Asset Management B.V. 0.02% of their portfolio | 113.3k $14.5m | Reduced -31.7k |
| OPTIMAS CAPITAL Ltd 22.09% of their portfolio | 112.1k $14.4m | New |
| LMR Partners LLP 0.09% of their portfolio | 99.9k $12.8m | Added +75.2k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 97.5k $12.5m | New |
| BARCLAYS PLC 0.00% of their portfolio | 92.6k $11.9m | Reduced -56.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 92.2k $11.8m | Added +20.2k |
| HighTower Advisors, LLC 0.01% of their portfolio | 89.5k $11.5m | Added +24.0k |
| Itau Unibanco Holding S.A. 0.22% of their portfolio | 85.3k $10.9m | Reduced -53.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 85.2k $10.9m | Reduced -8.3k |
| Boston Partners 0.01% of their portfolio | 84.7k $10.9m | New |
| Creative Planning 0.01% of their portfolio | 84.7k $10.9m | Added +35.8k |
| Guinness Asset Management LTD 0.18% of their portfolio | 84.6k $10.8m | Added +7.2k |
| Legal & General Group Plc 0.00% of their portfolio | 81.3k $10.4m | Reduced -15.5k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 80.5k $10.3m | Unchanged |
| Taikang Asset Management (Hong Kong) Co Ltd 0.93% of their portfolio | 80.0k $10.3m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 79.7k $10.2m | Reduced -36.4k |
| MACKENZIE FINANCIAL CORP 0.01% of their portfolio | 77.0k $9.9m | Added +1.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 71.1k $9.1m | Added +336 |
| Ninety One SA (Pty) Ltd 0.49% of their portfolio | 70.3k $9.0m | Added +1.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 67.3k $8.7m | Reduced -469.6k |
| Quantinno Capital Management LP 0.01% of their portfolio | 65.4k $8.4m | Added +30.0k |
| Polymer Capital Management (HK) LTD 0.83% of their portfolio | 63.7k $8.2m | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 63.3k $8.1m | Added +14.9k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 62.5k $8.0m | Added +12.3k |
| Strategic Global Advisors, LLC 1.13% of their portfolio | 62.4k $8.0m | Added +6.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 61.3k $7.9m | Reduced -12.9k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.04% of their portfolio | 60.5k $7.8m | Added +9.4k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 56.6k $7.3m | Reduced -7.5k |
| NewEdge Wealth, LLC 0.07% of their portfolio | 54.9k $7.0m | Added +6.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 52.7k $6.8m | Added +20.2k |
| RENAISSANCE GROUP LLC 0.27% of their portfolio | 52.7k $6.7m | Added +23.6k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 51.3k $6.6m | Added +882 |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 49.9k $6.4m | Added +21.0k |
| Regal Partners Ltd 0.35% of their portfolio | 49.8k $6.4m | New |
| Mariner, LLC 0.01% of their portfolio | 49.8k $6.4m | Reduced -1.1k |
| True Light Capital Pte. Ltd. 4.12% of their portfolio | 48.8k $6.2m | Unchanged |
| KBC Group NV 0.01% of their portfolio | 47.1k $6.0m | Added +898 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 45.3k $5.8m | Reduced -8.4k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 44.3k $5.7m | Added +4.2k |