NEW ORIENTAL ED & TECHNOLOGY EDU
SPON ADR · ADR · CUSIP 647581206 · ISIN US6475812060
Provider of private educational services in China
- IndustryServices-Educational Services
- HeadquartersBeijing, People's Republic of China
- Founded1993
- Websiteneworiental.org
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 153 |
| Q4 2022 | 182 |
| Q1 2023 | 176 |
| Q2 2023 | 177 |
| Q3 2023 | 189 |
| Q4 2023 | 236 |
| Q1 2024 | 255 |
| Q2 2024 | 228 |
| Q3 2024 | 215 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 96 | 86 |
| Q1 2023 | 85 | 100 |
| Q2 2023 | 84 | 90 |
| Q3 2023 | 94 | 91 |
| Q4 2023 | 122 | 107 |
| Q1 2024 | 127 | 136 |
| Q2 2024 | 98 | 147 |
| Q3 2024 | 105 | 127 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $129.7m | $81.5m | 0.63 |
| Q1 2024 | $85.5m | $54.9m | 0.64 |
| Q2 2024 | $50.3m | $24.0m | 0.48 |
| Q3 2024 | $53.9m | $36.9m | 0.69 |
Biggest buyers
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +1.6m |
| Aspex Management (HK) Ltd | Added | +1.5m |
| JPMORGAN CHASE & CO | Added | +1.1m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Added | +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +989.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +844.8k |
| NORGES BANK | Added | +735.9k |
| OLP CAPITAL MANAGEMENT Ltd | New | +717.2k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +411.1k |
| Qube Research & Technologies Ltd | New | +410.7k |
Biggest sellers
| Point72 Hong Kong Ltd | Sold out | -1.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.1m |
| WT Asset Management Ltd | Reduced | -1.1m |
| KEYSTONE INVESTORS PTE LTD | Reduced | -1.0m |
| Driehaus Capital Management LLC | Sold out | -820.0k |
| Point72 Asset Management, L.P. | Sold out | -686.4k |
| Trivest Advisors Ltd | Reduced | -616.2k |
| Alpine Investment Management Ltd | Sold out | -580.3k |
| FMR LLC | Reduced | -576.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -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.
| Holder | Stake |
|---|---|
| First Beijing Investment Ltd 13G · passive investor filed 2026-05-13 | 10.9% |
| Invesco Ltd. 13G · institution new · filed 2026-05-06 | 5.4% |
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
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.04% of their portfolio | 6.6m $502.4m | Added +158.0k |
| Aspex Management (HK) Ltd 9.54% of their portfolio | 4.8m $360.5m | Added +1.5m |
| RENAISSANCE TECHNOLOGIES LLC 0.41% of their portfolio | 3.6m $272.0m | Added +411.1k |
| FMR LLC 0.01% of their portfolio | 3.1m $235.3m | Reduced -576.3k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.9m $219.3m | Reduced -1.1m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.20% of their portfolio | 2.6m $195.5m | Added +1.6m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.05% of their portfolio | 2.5m $192.1m | Added +1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.4m $183.1m | Added +844.8k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 2.2m $168.8m | Reduced -536.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.34% of their portfolio | 1.8m $138.3m | Added +342.8k |
| Greenwoods Asset Management Hong Kong Ltd. 4.36% of their portfolio | 1.8m $137.3m | Reduced -192.3k |
| NORGES BANK 0.02% of their portfolio | 1.7m $132.5m | Added +735.9k |
| Trivest Advisors Ltd 7.47% of their portfolio | 1.7m $131.5m | Reduced -616.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.7m $125.4m | Added +1.1m |
| ALKEON CAPITAL MANAGEMENT LLC 0.65% of their portfolio | 1.6m $118.6m | Reduced -1.3k |
| FIL Ltd 0.08% of their portfolio | 1.2m $91.4m | Added +179.3k |
| Cederberg Capital Ltd 21.28% of their portfolio | 1.1m $82.1m | Added +10.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.29% of their portfolio | 1.0m $78.8m | Added +233.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 994.4k $75.4m | Added +989.5k |
| KEYWISE CAPITAL MANAGEMENT (HK) Ltd 7.24% of their portfolio | 956.9k $72.6m | Reduced -5.2k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.93% of their portfolio | 939.2k $71.2m | Added +385.5k |
| BlackRock, Inc. 0.00% of their portfolio | 933.0k $70.8m | First filing |
| CITIGROUP INC 0.06% of their portfolio | 803.5k $60.9m | Added +136.1k |
| OLP CAPITAL MANAGEMENT Ltd 8.13% of their portfolio | 717.2k $54.4m | New |
| Carrhae Capital LLP 5.93% of their portfolio | 684.2k $51.9m | Added +159.8k |
| WT Asset Management Ltd 9.78% of their portfolio | 655.8k $49.7m | Reduced -1.1m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.11% of their portfolio | 592.6k $44.9m | Added +19.4k |
| MACQUARIE GROUP LTD 0.05% of their portfolio | 584.0k $44.3m | Added +216.4k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 545.0k $41.3m | Reduced -186.7k |
| Amundi 0.01% of their portfolio | 532.4k $40.3m | Added +5.3k |
| Yiheng Capital Management, L.P. 7.26% of their portfolio | 518.3k $39.3m | Reduced -139.3k |
| Panview Asian Equity Master Fund 9.00% of their portfolio | 510.0k $38.7m | Added +77.0k |
| Broad Peak Investment Advisers Pte Ltd 9.82% of their portfolio | 421.9k $32.0m | Added +198.3k |
| Qube Research & Technologies Ltd 0.06% of their portfolio | 410.7k $31.1m | New |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 404.6k $30.7m | Reduced -8.2k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 398.8k $30.4m | Added +187.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 397.5k $30.1m | Reduced -9.0k |
| BARINGS LLC 0.70% of their portfolio | 394.2k $29.9m | Added +61.1k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 394.0k $29.9m | Reduced -12.4k |
| BRILLIANCE ASSET MANAGEMENT LTD 7.34% of their portfolio | 378.1k $28.7m | Reduced -9.5k |
| SYLEBRA CAPITAL LLC 0.92% of their portfolio | 366.8k $27.8m | Reduced -344.5k |
| Pinpoint Asset Management Ltd 6.62% of their portfolio | 365.9k $30.9m | Reduced -245.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.12% of their portfolio | 361.6k $27.4m | New |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 323.2k $24.5m | Reduced -11.7k |
| Hel Ved Capital Management Ltd 11.13% of their portfolio | 311.6k $23.6m | Added +113.7k |
| SHAH CAPITAL MANAGEMENT 4.58% of their portfolio | 309.7k $23.5m | Reduced -164.0k |
| Harvest Fund Management Co., Ltd 1.30% of their portfolio | 289.4k $21.9m | Added +25.0k |
| Blue Creek Capital Management Ltd 19.89% of their portfolio | 277.1k $21.0m | First filing |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 272.7k $20.7m | Added +120.0k |
| Trexquant Investment LP 0.24% of their portfolio | 252.0k $19.1m | New |
| MY.Alpha Management HK Advisors Ltd 6.44% of their portfolio | 238.1k $18.1m | Reduced -72.9k |
| Tiger Pacific Capital LP 3.34% of their portfolio | 215.7k $16.4m | Added +91.7k |
| Monolith Management Ltd 8.86% of their portfolio | 200.0k $15.2m | New |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.09% of their portfolio | 196.5k $14.9m | Unchanged |
| Caisse de depot et placement du Quebec 0.03% of their portfolio | 180.2k $13.7m | Added +59.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 163.7k $12.4m | Added +10.9k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 152.9k $11.6m | Added +62.7k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 148.9k $11.3m | Added +36.7k |
| Grand Alliance Asset Management Ltd 7.38% of their portfolio | 146.2k $11.1m | Added +3.6k |
| UBS Group AG 0.00% of their portfolio | 140.6k $10.7m | Reduced -228.8k |
| KADENSA CAPITAL Ltd 2.52% of their portfolio | 127.1k $9.6m | Added +36.1k |
| Legal & General Group Plc 0.00% of their portfolio | 126.9k $9.6m | Added +19.3k |
| IvyRock Asset Management (HK) Ltd 3.84% of their portfolio | 115.5k $8.8m | New |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.14% of their portfolio | 111.4k $8.5m | Added +9.3k |
| KEYSTONE INVESTORS PTE LTD 0.60% of their portfolio | 107.7k $8.2m | Reduced -1.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 99.9k $7.6m | Added +11.4k |
| AI-Squared Management Ltd 8.14% of their portfolio | 93.3k $7.1m | Added +37.5k |
| Invesco Ltd. 0.00% of their portfolio | 79.9k $6.1m | Added +7.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 76.4k $745.2k | Reduced -322.5k |
| Handelsbanken Fonder AB 0.02% of their portfolio | 75.0k $5.7m | Unchanged |
| AIA Group Ltd 0.15% of their portfolio | 74.8k $5.7m | New |
| Oasis Management Co Ltd. 1.89% of their portfolio | 73.1k $5.5m | Added +8.0k |
| Swedbank AB 0.01% of their portfolio | 71.1k $5.4m | Unchanged |
| Clearbridge Investments, LLC 0.00% of their portfolio | 69.5k $5.3m | Reduced -2.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 66.8k $5.1m | Reduced -37.8k |
| Polymer Capital Management (HK) LTD 1.16% of their portfolio | 66.1k $5.0m | Reduced -101.2k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 66.0k $4.8m | Added +15.5k |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 65.7k $5.0m | Reduced -14.2k |
| FengHe Fund Management Pte. Ltd. 1.46% of their portfolio | 65.1k $4.9m | New |
| SELDON CAPITAL LP 2.72% of their portfolio | 63.7k $4.8m | Reduced -75.2k |
| Hidden Lake Asset Management LP 4.29% of their portfolio | 63.7k $4.8m | New |
| Verition Fund Management LLC 0.03% of their portfolio | 61.3k $4.7m | Reduced -348.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 59.8k $4.5m | Reduced -1.2k |
| COATUE MANAGEMENT LLC 0.02% of their portfolio | 59.3k $4.5m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 56.9k $4.2m | Reduced -988 |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 55.0k $4.2m | Reduced -9.2k |
| GTS SECURITIES LLC 0.08% of their portfolio | 52.2k $4.0m | New |
| Fiera Capital Corp 0.01% of their portfolio | 51.4k $3.9m | Added +8.5k |
| Artisan Partners Limited Partnership 0.01% of their portfolio | 51.2k $3.9m | Added +33.2k |
| Taikang Asset Management (Hong Kong) Co Ltd 0.38% of their portfolio | 47.3k $3.6m | Unchanged |
| SEVEN EIGHT CAPITAL, LP 0.27% of their portfolio | 40.0k $3.0m | Reduced -9.3k |
| Lighthouse Investment Partners, LLC 0.16% of their portfolio | 39.3k $3.0m | New |
| Siren, L.L.C. 0.15% of their portfolio | 38.5k $2.9m | First filing |
| Schonfeld Strategic Advisors LLC 0.02% of their portfolio | 37.9k $2.9m | Reduced -14.8k |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 37.7k $2.9m | Reduced -301 |
| Allianz Asset Management GmbH 0.00% of their portfolio | 35.2k $2.7m | Reduced -21.8k |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 3.23% of their portfolio | 35.0k $2.7m | Added +9.6k |
| Engineers Gate Manager LP 0.05% of their portfolio | 34.9k $2.6m | Reduced -13.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 34.1k $2.6m | Added +1.1k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 30.9k $2.3m | Added +3.3k |