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 ($222.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.07. Options: 14 managers hold calls ($37.6m notional), 15 hold puts ($55.5m).
Trends to Q1 2025
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 |
| Q4 2024 | 204 |
| Q1 2025 | 167 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 84 | 90 |
| Q3 2023 | 94 | 91 |
| Q4 2023 | 122 | 107 |
| Q1 2024 | 127 | 136 |
| Q2 2024 | 98 | 147 |
| Q3 2024 | 105 | 127 |
| Q4 2024 | 89 | 132 |
| Q1 2025 | 78 | 122 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $50.3m | $24.0m | 0.48 |
| Q3 2024 | $53.9m | $36.9m | 0.69 |
| Q4 2024 | $47.4m | $35.9m | 0.76 |
| Q1 2025 | $37.6m | $55.5m | 1.48 |
Biggest buyers
| First Beijing Investment Ltd | Added | +5.2m |
| Discerene Group LP | New | +1.6m |
| UBS Group AG | Added | +1.6m |
| BRIGHT VALLEY CAPITAL Ltd | New | +1.1m |
| Mirae Asset Global Investments Co., Ltd. | Added | +1.0m |
| BANK OF AMERICA CORP /DE/ | Added | +980.0k |
| JPMORGAN CHASE & CO | Added | +701.6k |
| NATIONAL BANK OF CANADA /FI/ | Added | +692.3k |
| BRILLIANCE ASSET MANAGEMENT LTD | Added | +665.4k |
| Green Court Capital Management Ltd | Added | +648.9k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -2.4m |
| FMR LLC | Reduced | -2.4m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -2.0m |
| Aspex Management (HK) Ltd | Reduced | -1.6m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Reduced | -1.1m |
| Carrhae Capital LLP | Sold out | -1.0m |
| FIL Ltd | Reduced | -1.0m |
| OLP CAPITAL MANAGEMENT Ltd | Sold out | -923.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Reduced | -738.0k |
| Pinpoint Asset Management Ltd | Sold out | -560.0k |
Biggest calls
| UBS Group AG | Added | $8.4m175.0k shares |
| JANE STREET GROUP, LLC | Added | $7.6m159.5k shares |
| CITADEL ADVISORS LLC | Added | $5.7m118.4k shares |
| Parallax Volatility Advisers, L.P. | Added | $5.4m112.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $4.9m103.5k shares |
| IMC-Chicago, LLC | Reduced | $1.3m27.0k shares |
| CITIGROUP INC | Unchanged | $1.2m25.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $941.0k19.7k shares |
| GROUP ONE TRADING LLC | Reduced | $788.9k16.5k shares |
| Walleye Trading LLC | Added | $468.5k9.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.3m237.3k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $8.8m183.8k shares |
| CITADEL ADVISORS LLC | Added | $8.4m175.6k shares |
| UBS Group AG | New | $7.2m150.0k shares |
| JANE STREET GROUP, LLC | Added | $6.5m135.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $4.3m90.3k shares |
| PEAK6 LLC | Added | $2.1m43.5k shares |
| Walleye Trading LLC | Added | $1.4m29.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.4m28.3k shares |
| IMC-Chicago, LLC | New | $1.3m26.8k 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 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
| Manager | Shares | Change |
|---|---|---|
| Aspex Management (HK) Ltd 7.25% of their portfolio | 5.9m $280.9m | Reduced -1.6m |
| MORGAN STANLEY 0.02% of their portfolio | 5.6m $267.9m | Added +243.3k |
| First Beijing Investment Ltd 17.91% of their portfolio | 5.5m $260.9m | Added +5.2m |
| UBS Group AG 0.04% of their portfolio | 3.9m $185.9m | Added +1.6m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 3.5m $165.4m | Added +980.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.22% of their portfolio | 3.1m $148.2m | Reduced -99.7k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.0m $142.4m | Added +701.6k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.3m $109.9m | Added +272.9k |
| FMR LLC 0.01% of their portfolio | 2.2m $104.5m | Reduced -2.4m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.22% of their portfolio | 2.1m $100.4m | Added +339.7k |
| NORGES BANK 0.01% of their portfolio | 2.1m $99.0m | Added +631.5k |
| Discerene Group LP 7.90% of their portfolio | 1.6m $75.6m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.5m $71.0m | Reduced -2.4m |
| Greenwoods Asset Management Hong Kong Ltd. 2.07% of their portfolio | 1.4m $66.7m | Added +167.7k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.34% of their portfolio | 1.3m $62.4m | Reduced -1.1m |
| BlackRock, Inc. 0.00% of their portfolio | 1.2m $58.0m | Added +511.6k |
| ALKEON CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 1.1m $52.1m | Reduced -214.1k |
| BRIGHT VALLEY CAPITAL Ltd 23.22% of their portfolio | 1.1m $50.6m | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 1.1m $210.8k | Added +1.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.0m $48.0m | Reduced -2.0m |
| BRILLIANCE ASSET MANAGEMENT LTD 16.06% of their portfolio | 1.0m $48.6m | Added +665.4k |
| Green Court Capital Management Ltd 27.60% of their portfolio | 978.4k $46.8m | Added +648.9k |
| MACQUARIE GROUP LTD 0.06% of their portfolio | 974.9k $46.6m | Added +102.4k |
| Cederberg Capital Ltd 17.53% of their portfolio | 948.9k $45.4m | Reduced -139.2k |
| CITIGROUP INC 0.03% of their portfolio | 785.2k $37.5m | Reduced -11.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 727.0k $34.8m | Added +99.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 725.0k $34.7m | Added +269.1k |
| NATIONAL BANK OF CANADA /FI/ 0.04% of their portfolio | 692.3k $33.1m | Added +692.3k |
| Yiheng Capital Management, L.P. 10.05% of their portfolio | 598.1k $28.6m | Added +79.8k |
| Amundi 0.01% of their portfolio | 489.8k $23.4m | Reduced -12.9k |
| FIL Ltd 0.01% of their portfolio | 310.0k $14.8m | Reduced -1.0m |
| SHAH CAPITAL MANAGEMENT 2.99% of their portfolio | 306.2k $14.6m | Reduced -2.3k |
| Carmignac Gestion 0.24% of their portfolio | 300.2k $14.4m | Added +270.8k |
| Triata Capital Ltd 3.18% of their portfolio | 293.8k $14.0m | New |
| Caisse de depot et placement du Quebec 0.03% of their portfolio | 272.7k $13.0m | Added +136.3k |
| Serenity Capital LLC 7.02% of their portfolio | 245.5k $11.7m | First filing |
| SERENITY CAPITAL MANAGEMENT PTE. LTD. 7.02% of their portfolio | 245.5k $11.7m | Added +212.1k |
| Hel Ved Capital Management Ltd 5.72% of their portfolio | 237.2k $11.3m | Added +29.0k |
| Polymer Capital Management (HK) LTD 1.88% of their portfolio | 226.7k $10.8m | Added +143.7k |
| APG Asset Management N.V. 0.03% of their portfolio | 221.6k $9.8m | Reduced -30.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 212.1k $10.1m | First filing |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 206.2k $9.9m | New |
| SYLEBRA CAPITAL LLC 0.46% of their portfolio | 192.0k $9.2m | Reduced -9.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 173.0k $8.3m | New |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 166.9k $8.0m | Reduced -53.3k |
| Harvest Fund Management Co., Ltd 0.36% of their portfolio | 150.2k $7.2m | Reduced -53.6k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 148.8k $7.1m | Reduced -376.3k |
| Oasis Management Co Ltd. 2.32% of their portfolio | 147.9k $7.1m | Added +49.3k |
| BARCLAYS PLC 0.00% of their portfolio | 146.6k $7.0m | Added +50.8k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 142.8k $6.8m | Reduced -169.1k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 136.2k $6.5m | Reduced -38.5k |
| Legal & General Group Plc 0.00% of their portfolio | 125.6k $6.0m | Added +9.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 122.2k $5.8m | Reduced -2.3k |
| Jump Financial, LLC 0.07% of their portfolio | 104.0k $5.0m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 93.2k $4.5m | Reduced -68.6k |
| Invesco Ltd. 0.00% of their portfolio | 85.6k $4.1m | Reduced -70.7k |
| Perseverance Asset Management International 0.52% of their portfolio | 83.8k $4.0m | New |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 82.8k $4.0m | Added +65.8k |
| Blue Creek Capital Management Ltd 4.99% of their portfolio | 80.5k $3.8m | Reduced -90.0k |
| Siren, L.L.C. 0.21% of their portfolio | 79.5k $3.8m | Added +11.0k |
| BARINGS LLC 0.09% of their portfolio | 72.3k $3.5m | Reduced -158.8k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.06% of their portfolio | 67.4k $3.2m | Reduced -14.4k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 67.2k $3.2m | Reduced -275 |
| Capitolis Liquid Global Markets LLC 0.03% of their portfolio | 64.3k $3.1m | New |
| AIA Group Ltd 0.07% of their portfolio | 63.7k $3.0m | Reduced -19.4k |
| Squarepoint Ops LLC 0.01% of their portfolio | 60.3k $2.9m | New |
| Verition Fund Management LLC 0.02% of their portfolio | 58.9k $2.8m | Reduced -106.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 57.6k $2.8m | New |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 55.6k $2.7m | Reduced -26.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 51.7k $2.5m | Reduced -2 |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 50.8k $2.4m | Unchanged |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 50.5k $2.4m | Reduced -4.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 46.8k $2.2m | Added +18.6k |
| IvyRock Asset Management (HK) Ltd 0.96% of their portfolio | 42.8k $2.0m | Reduced -65.2k |
| Long Corridor Asset Management Ltd 1.33% of their portfolio | 38.0k $1.8m | New |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 35.5k $1.7m | Reduced -34.4k |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 35.2k $1.7m | New |
| GF FUND MANAGEMENT CO. LTD. 0.04% of their portfolio | 33.9k $1.6m | Unchanged |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 32.4k $1.5m | Added +2.2k |
| XTX Topco Ltd 0.07% of their portfolio | 30.1k $1.4m | New |
| GSA CAPITAL PARTNERS LLP 0.11% of their portfolio | 26.5k $1.3m | Reduced -3.4k |
| Quantbot Technologies LP 0.04% of their portfolio | 26.3k $1.3m | New |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 25.2k $1.2m | Reduced -40.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 20.6k $983.9k | Unchanged |
| HRT FINANCIAL LP 0.01% of their portfolio | 18.7k $893.0k | New |
| SG Americas Securities, LLC 0.00% of their portfolio | 18.3k $873.0k | Added +14.0k |
| PROFUND ADVISORS LLC 0.04% of their portfolio | 17.1k $818.6k | Added +1.4k |
| OVERSEA-CHINESE BANKING Corp Ltd 0.02% of their portfolio | 16.1k $772.4k | Reduced -10.3k |
| BlueCrest Capital Management Ltd 0.12% of their portfolio | 15.8k $755.4k | Unchanged |
| Trexquant Investment LP 0.01% of their portfolio | 14.3k $682.0k | New |
| Ramirez Asset Management, Inc. 0.14% of their portfolio | 14.2k $679.6k | Added +187 |
| Walleye Trading LLC 0.02% of their portfolio | 14.1k $672.0k | Added +10.2k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 13.9k $664.1k | Reduced -7.7k |
| Engineers Gate Manager LP 0.01% of their portfolio | 13.5k $644.1k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 13.2k $631.9k | Reduced -3.3k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 13.0k $601.0k | Added +5.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 12.0k $574.2k | Reduced -31.3k |
| IMC-Chicago, LLC 0.02% of their portfolio | 11.8k $564.5k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 11.5k $548.6k | Reduced -5.6k |
| Prescott Group Capital Management, L.L.C. 0.07% of their portfolio | 10.0k $478.1k | Reduced -15.3k |