Vault-13

NEW ORIENTAL ED & TECHNOLOGY EDU

SPON ADR · ADR · CUSIP 647581206 · ISIN US6475812060

Provider of private educational services in China

215 institutional holders -13 vs Q2 2024
65,806,47965.8m shares reported held*
$5.0bnreported value*
34 new 71 added 79 reduced 48 sold out net sold ≈ $16.0m (-213.3k 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 ($1.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.81. Options: 15 managers hold calls ($53.9m notional), 17 hold puts ($36.9m).

Trends to Q3 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 153Q4 22: 182Q1 23: 176Q2 23: 177Q3 23: 189Q4 23: 236Q1 24: 255Q2 24: 228Q3 24: 215215Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022153
Q4 2022182
Q1 2023176
Q2 2023177
Q3 2023189
Q4 2023236
Q1 2024255
Q2 2024228
Q3 2024215

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 96 bought or addedQ4 22: 86 cut or sold outQ1 23: 85 bought or addedQ1 23: 100 cut or sold outQ1 23Q2 23: 84 bought or addedQ2 23: 90 cut or sold outQ3 23: 94 bought or addedQ3 23: 91 cut or sold outQ3 23Q4 23: 122 bought or addedQ4 23: 107 cut or sold outQ1 24: 127 bought or addedQ1 24: 136 cut or sold outQ1 24Q2 24: 98 bought or addedQ2 24: 147 cut or sold outQ3 24: 105 bought or addedQ3 24: 127 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20229686
Q1 202385100
Q2 20238490
Q3 20239491
Q4 2023122107
Q1 2024127136
Q2 202498147
Q3 2024105127

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 23 calls: $129.7mQ4 23 puts: $81.5mQ4 23P/C 0.63Q1 24 calls: $85.5mQ1 24 puts: $54.9mQ1 24P/C 0.64Q2 24 calls: $50.3mQ2 24 puts: $24.0mQ2 24P/C 0.48Q3 24 calls: $53.9mQ3 24 puts: $36.9mQ3 24P/C 0.69
Numbers
QuarterCallsPutsP/C
Q4 2023$129.7m$81.5m0.63
Q1 2024$85.5m$54.9m0.64
Q2 2024$50.3m$24.0m0.48
Q3 2024$53.9m$36.9m0.69

Biggest buyers

SCHRODER INVESTMENT MANAGEMENT GROUP Added +1,594,228+1.6m
Aspex Management (HK) Ltd Added +1,513,640+1.5m
JPMORGAN CHASE & CO Added +1,087,620+1.1m
FARALLON CAPITAL MANAGEMENT, L.L.C. Added +1,064,010+1.1m
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Added +989,536+989.5k
PRICE T ROWE ASSOCIATES INC /MD/ Added +844,790+844.8k
NORGES BANK Added +735,923+735.9k
OLP CAPITAL MANAGEMENT Ltd New +717,233+717.2k
RENAISSANCE TECHNOLOGIES LLC Added +411,100+411.1k
Qube Research & Technologies Ltd New +410,703+410.7k

Biggest sellers

Point72 Hong Kong Ltd Sold out -1,380,199-1.4m
BANK OF AMERICA CORP /DE/ Reduced -1,075,006-1.1m
WT Asset Management Ltd Reduced -1,074,980-1.1m
KEYSTONE INVESTORS PTE LTD Reduced -1,018,466-1.0m
Driehaus Capital Management LLC Sold out -819,972-820.0k
Point72 Asset Management, L.P. Sold out -686,400-686.4k
Trivest Advisors Ltd Reduced -616,200-616.2k
Alpine Investment Management Ltd Sold out -580,278-580.3k
FMR LLC Reduced -576,272-576.3k
GOLDMAN SACHS GROUP INC Reduced -535,995-536.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $20.8m274.9k shares
GROUP ONE TRADING LLC Added $7.9m103.7k shares
CITADEL ADVISORS LLC Added $5.4m71.4k shares
JANE STREET GROUP, LLC Added $5.3m69.6k shares
SIMPLEX TRADING, LLC Added $3.2m41.6k shares
GTS SECURITIES LLC Reduced $2.4m31.1k shares
UBS Group AG Added $2.3m30.0k shares
IMC-Chicago, LLC Reduced $1.9m25.7k shares
Capital Markets Trading UK LLP Added $1.3m17.0k shares
WOLVERINE TRADING, LLC Reduced $1.2m16.0k shares

Biggest puts

UBS Group AG New $10.2m134.4k shares
D. E. Shaw & Co., Inc. New $7.6m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m79.4k shares
CITADEL ADVISORS LLC Added $2.9m38.6k shares
SIMPLEX TRADING, LLC Added $1.7m22.1k shares
GROUP ONE TRADING LLC Added $1.4m18.1k shares
Verition Fund Management LLC Unchanged $1.4m18.0k shares
JANE STREET GROUP, LLC Added $1.3m16.5k shares
Capital Markets Trading UK LLP Added $1.1m14.8k shares
GTS SECURITIES LLC Reduced $932.8k12.3k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
First Beijing Investment Ltd 13G · passive investor filed 2026-05-13 10.9% 171.7m 2026-05-13
Invesco Ltd. 13G · institution new · filed 2026-05-06 5.4% new 85.4m 2026-05-06

Fell to 5% or below in the last year: NORGES BANK (4.8%, 2026-08-12)

Insider purchases and sales in Q3 2024

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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 6,624,4326.6m $502.4m $502.4m 0.04% Added +158.0k +157,953
2 Aspex Management (HK) Ltd 9.54% of their portfolio CENTRAL, K3 4,753,3404.8m $360.5m $360.5m 9.54% Added +1.5m +1,513,640
3 RENAISSANCE TECHNOLOGIES LLC 0.41% of their portfolio NEW YORK, NY 3,586,6543.6m $272.0m $272.0m 0.41% Added +411.1k +411,100
4 FMR LLC 0.01% of their portfolio BOSTON, MA 3,102,0223.1m $235.3m $235.3m 0.01% Reduced -576.3k -576,272
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,891,3362.9m $219.3m $219.3m 0.02% Reduced -1.1m -1,075,006
6 SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio London, X0 2,577,2032.6m $195.5m $195.5m 0.20% Added +1.6m +1,594,228
7 FARALLON CAPITAL MANAGEMENT, L.L.C. 1.05% of their portfolio SAN FRANCISCO, CA 2,533,6002.5m $192.1m $192.1m 1.05% Added +1.1m +1,064,010
8 PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio BALTIMORE, MD 2,414,1502.4m $183.1m $183.1m 0.02% Added +844.8k +844,790
9 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,226,1372.2m $168.8m $168.8m 0.03% Reduced -536.0k -535,995
10 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.34% of their portfolio TORONTO, A6 1,823,2001.8m $138.3m $138.3m 0.34% Added +342.8k +342,800
11 Greenwoods Asset Management Hong Kong Ltd. 4.36% of their portfolio HONG KONG, K3 1,810,7341.8m $137.3m $137.3m 4.36% Reduced -192.3k -192,276
12 NORGES BANK 0.02% of their portfolio OSLO, Q8 1,747,5121.7m $132.5m $132.5m 0.02% Added +735.9k +735,923
13 Trivest Advisors Ltd 7.47% of their portfolio Hong Kong, K3 1,734,1001.7m $131.5m $131.5m 7.47% Reduced -616.2k -616,200
14 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,653,5661.7m $125.4m $125.4m 0.01% Added +1.1m +1,087,620
15 ALKEON CAPITAL MANAGEMENT LLC 0.65% of their portfolio New York, NY 1,563,5971.6m $118.6m $118.6m 0.65% Reduced -1.3k -1,344
16 FIL Ltd 0.08% of their portfolio HAMILTON, D0 1,204,7171.2m $91.4m $91.4m 0.08% Added +179.3k +179,350
17 Cederberg Capital Ltd 21.28% of their portfolio LONDON, X0 1,083,0501.1m $82.1m $82.1m 21.28% Added +10.3k +10,350
18 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.29% of their portfolio JUPITER, FL 1,038,9301.0m $78.8m $78.8m 0.29% Added +233.2k +233,162
19 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio NEW YORK, NY 994,431994.4k $75.4m $75.4m 0.02% Added +989.5k +989,536
20 KEYWISE CAPITAL MANAGEMENT (HK) Ltd 7.24% of their portfolio HONG KONG, K3 956,890956.9k $72.6m $72.6m 7.24% Reduced -5.2k -5,250
21 THORNBURG INVESTMENT MANAGEMENT INC 0.93% of their portfolio SANTA FE, NM 939,243939.2k $71.2m $71.2m 0.93% Added +385.5k +385,549
22 BlackRock, Inc. 0.00% of their portfolio New York, NY 933,031933.0k $70.8m $70.8m 0.00% First filing
23 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 803,508803.5k $60.9m $60.9m 0.06% Added +136.1k +136,138
24 OLP CAPITAL MANAGEMENT Ltd 8.13% of their portfolio CAUSEWAY BAY, K3 717,233717.2k $54.4m $54.4m 8.13% New
25 Carrhae Capital LLP 5.93% of their portfolio London, X0 684,187684.2k $51.9m $51.9m 5.93% Added +159.8k +159,848
26 WT Asset Management Ltd 9.78% of their portfolio HONG KONG, K3 655,792655.8k $49.7m $49.7m 9.78% Reduced -1.1m -1,074,980
27 BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio Paris, I0 592,564592.6k $44.9m $44.9m 0.11% Added +19.4k +19,401
28 MACQUARIE GROUP LTD 0.05% of their portfolio Sydney, NSW 2000, C3 583,991584.0k $44.3m $44.3m 0.05% Added +216.4k +216,386
29 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 545,023545.0k $41.3m $41.3m 0.04% Reduced -186.7k -186,735
30 Amundi 0.01% of their portfolio Paris, I0 532,371532.4k $40.3m $40.3m 0.01% Added +5.3k +5,330
31 Yiheng Capital Management, L.P. 7.26% of their portfolio SAN FRANCISCO, CA 518,314518.3k $39.3m $39.3m 7.26% Reduced -139.3k -139,315
32 Panview Asian Equity Master Fund 9.00% of their portfolio CENTRAL, K3 509,972510.0k $38.7m $38.7m 9.00% Added +77.0k +77,000
33 Broad Peak Investment Advisers Pte Ltd 9.82% of their portfolio SINGAPORE, U0 421,941421.9k $32.0m $32.0m 9.82% Added +198.3k +198,291
34 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 410,703410.7k $31.1m $31.1m 0.06% New
35 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 404,647404.6k $30.7m $30.7m 0.03% Reduced -8.2k -8,182
36 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 398,846398.8k $30.4m $30.4m 0.02% Added +187.9k +187,859
37 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 397,546397.5k $30.1m $30.1m 0.01% Reduced -9.0k -8,963
38 BARINGS LLC 0.70% of their portfolio CHARLOTTE, NC 394,216394.2k $29.9m $29.9m 0.70% Added +61.1k +61,069
39 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 393,986394.0k $29.9m $29.9m 0.02% Reduced -12.4k -12,389
40 BRILLIANCE ASSET MANAGEMENT LTD 7.34% of their portfolio ADMIRALTY, HONG KONG, K3 378,130378.1k $28.7m $28.7m 7.34% Reduced -9.5k -9,523
41 SYLEBRA CAPITAL LLC 0.92% of their portfolio PALO ALTO, CA 366,845366.8k $27.8m $27.8m 0.92% Reduced -344.5k -344,488
42 Pinpoint Asset Management Ltd 6.62% of their portfolio HONG KONG, K3 365,861365.9k $30.9m $30.9m 6.62% Reduced -245.1k -245,128
43 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.12% of their portfolio COLUMBUS, OH 361,618361.6k $27.4m $27.4m 0.12% New
44 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 323,202323.2k $24.5m $24.5m 0.02% Reduced -11.7k -11,746
45 Hel Ved Capital Management Ltd 11.13% of their portfolio CENTRAL, K3 311,649311.6k $23.6m $23.6m 11.13% Added +113.7k +113,680
46 SHAH CAPITAL MANAGEMENT 4.58% of their portfolio RALEIGH, NC 309,659309.7k $23.5m $23.5m 4.58% Reduced -164.0k -164,023
47 Harvest Fund Management Co., Ltd 1.30% of their portfolio BEIJING, F4 289,420289.4k $21.9m $21.9m 1.30% Added +25.0k +25,000
48 Blue Creek Capital Management Ltd 19.89% of their portfolio HONG KONG, K3 277,112277.1k $21.0m $21.0m 19.89% First filing
49 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 272,702272.7k $20.7m $20.7m 0.00% Added +120.0k +120,014
50 Trexquant Investment LP 0.24% of their portfolio STAMFORD, CT 252,020252.0k $19.1m $19.1m 0.24% New
51 MY.Alpha Management HK Advisors Ltd 6.44% of their portfolio HONG KONG, K3 238,052238.1k $18.1m $18.1m 6.44% Reduced -72.9k -72,874
52 Tiger Pacific Capital LP 3.34% of their portfolio NEW YORK, NY 215,733215.7k $16.4m $16.4m 3.34% Added +91.7k +91,744
53 Monolith Management Ltd 8.86% of their portfolio HONG KONG, K3 200,000200.0k $15.2m $15.2m 8.86% New
54 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.09% of their portfolio VICTORIA, A1 196,500196.5k $14.9m $14.9m 0.09% Unchanged
55 Caisse de depot et placement du Quebec 0.03% of their portfolio Montreal, A8 180,151180.2k $13.7m $13.7m 0.03% Added +59.4k +59,429
56 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 163,670163.7k $12.4m $12.4m 0.01% Added +10.9k +10,916
57 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 152,902152.9k $11.6m $11.6m 0.02% Added +62.7k +62,746
58 Pictet Asset Management Holding SA 0.01% of their portfolio CAROUGE, V8 148,942148.9k $11.3m $11.3m 0.01% Added +36.7k +36,694
59 Grand Alliance Asset Management Ltd 7.38% of their portfolio HONG KONG, K3 146,150146.2k $11.1m $11.1m 7.38% Added +3.6k +3,630
60 UBS Group AG 0.00% of their portfolio ZURICH, V8 140,605140.6k $10.7m $10.7m 0.00% Reduced -228.8k -228,777
61 KADENSA CAPITAL Ltd 2.52% of their portfolio CENTRAL, K3 127,138127.1k $9.6m $9.6m 2.52% Added +36.1k +36,103
62 Legal & General Group Plc 0.00% of their portfolio London, X0 126,870126.9k $9.6m $9.6m 0.00% Added +19.3k +19,300
63 IvyRock Asset Management (HK) Ltd 3.84% of their portfolio SHEUNG WAN, K3 115,500115.5k $8.8m $8.8m 3.84% New
64 EDMOND DE ROTHSCHILD HOLDING S.A. 0.14% of their portfolio CHAMBESY, V8 111,423111.4k $8.5m $8.5m 0.14% Added +9.3k +9,338
65 KEYSTONE INVESTORS PTE LTD 0.60% of their portfolio SINGAPORE, U0 107,722107.7k $8.2m $8.2m 0.60% Reduced -1.0m -1,018,466
66 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 99,85899.9k $7.6m $7.6m 0.00% Added +11.4k +11,423
67 AI-Squared Management Ltd 8.14% of their portfolio HONG KONG, K3 93,26493.3k $7.1m $7.1m 8.14% Added +37.5k +37,464
68 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 79,88779.9k $6.1m $6.1m 0.00% Added +7.4k +7,419
69 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 76,36476.4k $745.2k $745.2k 0.00% Reduced -322.5k -322,518
70 Handelsbanken Fonder AB 0.02% of their portfolio STOCKHOLM, V7 75,00075.0k $5.7m $5.7m 0.02% Unchanged
71 AIA Group Ltd 0.15% of their portfolio HONG KONG, K3 74,80374.8k $5.7m $5.7m 0.15% New
72 Oasis Management Co Ltd. 1.89% of their portfolio GRAND CAYMAN, E9 73,10073.1k $5.5m $5.5m 1.89% Added +8.0k +8,000
73 Swedbank AB 0.01% of their portfolio STOCKHOLM, V7 71,07771.1k $5.4m $5.4m 0.01% Unchanged
74 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 69,46869.5k $5.3m $5.3m 0.00% Reduced -2.4k -2,393
75 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 66,85066.8k $5.1m $5.1m 0.01% Reduced -37.8k -37,800
76 Polymer Capital Management (HK) LTD 1.16% of their portfolio HONG KONG, K3 66,10066.1k $5.0m $5.0m 1.16% Reduced -101.2k -101,247
77 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 65,96066.0k $4.8m $4.8m 0.00% Added +15.5k +15,522
78 CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio PARIS, I0 65,69265.7k $5.0m $5.0m 0.06% Reduced -14.2k -14,188
79 FengHe Fund Management Pte. Ltd. 1.46% of their portfolio Singapore, U0 65,10065.1k $4.9m $4.9m 1.46% New
80 SELDON CAPITAL LP 2.72% of their portfolio SAN FRANCISCO, CA 63,69563.7k $4.8m $4.8m 2.72% Reduced -75.2k -75,248
81 Hidden Lake Asset Management LP 4.29% of their portfolio NEW YORK, NY 63,68063.7k $4.8m $4.8m 4.29% New
82 Verition Fund Management LLC 0.03% of their portfolio GREENWICH, CT 61,33061.3k $4.7m $4.7m 0.03% Reduced -348.7k -348,666
83 STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio LYSAKER, Q8 59,80559.8k $4.5m $4.5m 0.01% Reduced -1.2k -1,175
84 COATUE MANAGEMENT LLC 0.02% of their portfolio New York, NY 59,31659.3k $4.5m $4.5m 0.02% New
85 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 56,87956.9k $4.2m $4.2m 0.00% Reduced -988 -988
86 Robeco Institutional Asset Management B.V. 0.01% of their portfolio ROTTERDAM, P7 54,96655.0k $4.2m $4.2m 0.01% Reduced -9.2k -9,192
87 GTS SECURITIES LLC 0.08% of their portfolio NEW YORK, NY 52,22452.2k $4.0m $4.0m 0.08% New
88 Fiera Capital Corp 0.01% of their portfolio MONTREAL, A8 51,37151.4k $3.9m $3.9m 0.01% Added +8.5k +8,499
89 Artisan Partners Limited Partnership 0.01% of their portfolio Milwaukee, WI 51,21651.2k $3.9m $3.9m 0.01% Added +33.2k +33,216
90 Taikang Asset Management (Hong Kong) Co Ltd 0.38% of their portfolio HONG KONG, K3 47,31247.3k $3.6m $3.6m 0.38% Unchanged
91 SEVEN EIGHT CAPITAL, LP 0.27% of their portfolio New York, NY 40,01740.0k $3.0m $3.0m 0.27% Reduced -9.3k -9,289
92 Lighthouse Investment Partners, LLC 0.16% of their portfolio Palm Beach Gardens, FL 39,31539.3k $3.0m $3.0m 0.16% New
93 Siren, L.L.C. 0.15% of their portfolio New York, NY 38,50038.5k $2.9m $2.9m 0.15% First filing
94 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 37,90037.9k $2.9m $2.9m 0.02% Reduced -14.8k -14,765
95 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 37,73337.7k $2.9m $2.9m 0.00% Reduced -301 -301
96 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 35,21335.2k $2.7m $2.7m 0.00% Reduced -21.8k -21,762
97 DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 3.23% of their portfolio Singapore, U0 35,00035.0k $2.7m $2.7m 3.23% Added +9.6k +9,600
98 Engineers Gate Manager LP 0.05% of their portfolio NEW YORK, NY 34,88934.9k $2.6m $2.6m 0.05% Reduced -13.9k -13,880
99 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 34,08534.1k $2.6m $2.6m 0.00% Added +1.1k +1,150
100 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 30,89530.9k $2.3m $2.3m 0.00% Added +3.3k +3,287