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 ($8.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.97. Options: 16 managers hold calls ($37.2m notional), 13 hold puts ($44.2m).
Trends to Q2 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 |
| Q2 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 |
|---|---|---|
| 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 |
| Q2 2025 | 68 | 97 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $53.9m | $36.9m | 0.69 |
| Q4 2024 | $47.4m | $35.9m | 0.76 |
| Q1 2025 | $37.6m | $55.5m | 1.48 |
| Q2 2025 | $37.2m | $44.2m | 1.19 |
Biggest buyers
| First Beijing Investment Ltd | Added | +1.7m |
| Aspex Management (HK) Ltd | Added | +1.1m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +1.1m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +929.4k |
| Tiger Pacific Capital LP | New | +705.4k |
| Carrhae Capital LLP | New | +346.9k |
| Point72 Asset Management, L.P. | New | +287.4k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +267.3k |
| Monolith Management Ltd | New | +264.5k |
| NATIONAL BANK OF CANADA /FI/ | Added | +228.7k |
Biggest sellers
| UBS Group AG | Reduced | -2.0m |
| JPMORGAN CHASE & CO | Reduced | -1.6m |
| FMR LLC | Reduced | -1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Sold out | -1.5m |
| NORGES BANK | Reduced | -1.4m |
| BANK OF AMERICA CORP /DE/ | Reduced | -1.3m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -1.0m |
| MORGAN STANLEY | Reduced | -1.0m |
| BRIGHT VALLEY CAPITAL Ltd | Reduced | -818.1k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Reduced | -745.1k |
Biggest calls
| JANE STREET GROUP, LLC | Reduced | $8.4m155.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.5m121.3k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $5.7m105.4k shares |
| BRIGHT VALLEY CAPITAL Ltd | New | $5.4m100.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.9m35.5k shares |
| UBS Group AG | Reduced | $1.9m34.5k shares |
| WOLVERINE TRADING, LLC | New | $1.8m32.5k shares |
| PEAK6 LLC | New | $1.6m30.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m19.8k shares |
| GOLDMAN SACHS GROUP INC | New | $809.2k15.0k shares |
Biggest puts
| GOLDMAN SACHS GROUP INC | Unchanged | $9.9m183.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.7m142.9k shares |
| JANE STREET GROUP, LLC | Reduced | $7.1m131.6k shares |
| UBS Group AG | Reduced | $5.4m100.0k shares |
| PEAK6 LLC | Added | $3.3m61.8k shares |
| CITADEL ADVISORS LLC | Reduced | $3.2m58.4k shares |
| WOLVERINE TRADING, LLC | New | $2.1m38.7k shares |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | Unchanged | $1.4m25.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.2m22.7k shares |
| Walleye Trading LLC | Reduced | $1.1m20.1k 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 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
| Manager | Shares | Change |
|---|---|---|
| First Beijing Investment Ltd 21.48% of their portfolio | 7.1m $383.9m | Added +1.7m |
| Aspex Management (HK) Ltd 8.19% of their portfolio | 7.0m $376.6m | Added +1.1m |
| MORGAN STANLEY 0.02% of their portfolio | 4.6m $246.9m | Reduced -1.0m |
| RENAISSANCE TECHNOLOGIES LLC 0.24% of their portfolio | 3.4m $181.7m | Added +267.3k |
| ALKEON CAPITAL MANAGEMENT LLC 0.57% of their portfolio | 2.2m $118.3m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 2.2m $116.9m | Reduced -1.3m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.1m $112.8m | Reduced -208.2k |
| UBS Group AG 0.02% of their portfolio | 1.9m $100.3m | Reduced -2.0m |
| Discerene Group LP 9.21% of their portfolio | 1.6m $85.3m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.15% of their portfolio | 1.4m $73.1m | Reduced -745.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3m $71.7m | Reduced -1.6m |
| Greenwoods Asset Management Hong Kong Ltd. 2.49% of their portfolio | 1.3m $71.7m | Reduced -67.8k |
| BlackRock, Inc. 0.00% of their portfolio | 1.3m $69.6m | Added +77.9k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 0.28% of their portfolio | 1.2m $62.3m | Reduced -150.0k |
| BRILLIANCE ASSET MANAGEMENT LTD 35.70% of their portfolio | 1.0m $54.8m | Unchanged |
| MACQUARIE GROUP LTD 0.07% of their portfolio | 989.5k $53.4m | Added +14.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 930.1k $50.2m | Added +929.4k |
| Cederberg Capital Ltd 18.39% of their portfolio | 928.5k $50.1m | Reduced -20.4k |
| NATIONAL BANK OF CANADA /FI/ 0.05% of their portfolio | 921.0k $49.7m | Added +228.7k |
| Green Court Capital Management Ltd 30.90% of their portfolio | 868.4k $46.7m | Reduced -110.0k |
| Tiger Pacific Capital LP 12.63% of their portfolio | 705.4k $38.1m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio | 645.2k $34.8m | Reduced -375.9k |
| NORGES BANK 0.00% of their portfolio | 623.9k $33.7m | Reduced -1.4m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 615.6k $33.2m | Reduced -111.4k |
| FMR LLC 0.00% of their portfolio | 609.1k $32.9m | Reduced -1.6m |
| Yiheng Capital Management, L.P. 11.69% of their portfolio | 598.1k $32.3m | Unchanged |
| Amundi 0.01% of their portfolio | 408.7k $21.1m | Reduced -81.1k |
| Triata Capital Ltd 3.72% of their portfolio | 353.0k $19.0m | Added +59.2k |
| Carrhae Capital LLP 1.79% of their portfolio | 346.9k $18.7m | New |
| SHAH CAPITAL MANAGEMENT 3.20% of their portfolio | 305.3k $16.5m | Reduced -933 |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 287.4k $15.5m | New |
| Carmignac Gestion 0.22% of their portfolio | 265.3k $14.3m | Reduced -34.9k |
| Monolith Management Ltd 5.05% of their portfolio | 264.5k $14.3m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 259.6k $14.0m | Reduced -465.4k |
| Hel Ved Capital Management Ltd 6.13% of their portfolio | 252.5k $13.6m | Added +15.3k |
| SERENITY CAPITAL MANAGEMENT PTE. LTD. 5.62% of their portfolio | 245.5k $13.2m | Unchanged |
| BRIGHT VALLEY CAPITAL Ltd 11.56% of their portfolio | 239.9k $12.9m | Reduced -818.1k |
| BARCLAYS PLC 0.00% of their portfolio | 211.4k $11.4m | Added +64.9k |
| CITIGROUP INC 0.01% of their portfolio | 182.0k $9.8m | Reduced -603.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 180.3k $9.7m | Added +173.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 175.1k $9.4m | Reduced -37.0k |
| Jump Financial, LLC 0.11% of their portfolio | 171.1k $9.2m | Added +67.1k |
| FIL Ltd 0.01% of their portfolio | 167.1k $9.0m | Reduced -142.9k |
| Oasis Management Co Ltd. 1.91% of their portfolio | 150.4k $8.1m | Added +2.5k |
| Y-Intercept (Hong Kong) Ltd 0.18% of their portfolio | 139.0k $7.5m | New |
| Harvest Fund Management Co., Ltd 0.34% of their portfolio | 133.2k $7.2m | Reduced -17.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 123.6k $6.7m | Added +1.4k |
| MY.Alpha Management HK Advisors Ltd 4.77% of their portfolio | 119.2k $6.4m | New |
| Polymer Capital Management (HK) LTD 0.93% of their portfolio | 110.2k $5.9m | Reduced -116.5k |
| Legal & General Group Plc 0.00% of their portfolio | 96.4k $5.2m | Reduced -29.2k |
| Lighthouse Investment Partners, LLC 0.22% of their portfolio | 94.7k $5.1m | New |
| Point72 Hong Kong Ltd 0.35% of their portfolio | 94.2k $5.1m | New |
| Man Group plc 0.01% of their portfolio | 90.5k $4.9m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 85.0k $4.6m | Reduced -57.7k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.07% of their portfolio | 82.1k $4.4m | Added +14.7k |
| Invesco Ltd. 0.00% of their portfolio | 80.5k $4.3m | Reduced -5.0k |
| Blue Creek Capital Management Ltd 6.08% of their portfolio | 80.5k $4.3m | Unchanged |
| GF FUND MANAGEMENT CO. LTD. 0.08% of their portfolio | 73.1k $3.9m | Added +39.2k |
| Siren, L.L.C. 0.20% of their portfolio | 72.0k $3.9m | Reduced -7.5k |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 63.7k $3.4m | New |
| PEAK6 LLC 0.05% of their portfolio | 53.4k $2.9m | Added +46.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 51.9k $2.8m | Added +5.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 51.7k $2.8m | Added +4 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 51.2k $2.8m | Reduced -121.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.01% of their portfolio | 50.8k $2.7m | Unchanged |
| IvyRock Asset Management (HK) Ltd 1.07% of their portfolio | 42.8k $2.3m | Unchanged |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 41.4k $2.2m | Reduced -107.4k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 38.2k $2.1m | New |
| SG Americas Securities, LLC 0.01% of their portfolio | 35.4k $1.9m | Added +17.2k |
| Pinpoint Asset Management (Singapore) Pte. Ltd. 0.71% of their portfolio | 33.2k $4.0m | First filing |
| Swedbank AB 0.00% of their portfolio | 29.7k $1.6m | First filing |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 26.5k $1.4m | Reduced -24.0k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 25.9k $1.4m | Reduced -1.0m |
| HRT FINANCIAL LP 0.01% of their portfolio | 25.3k $1.4m | Added +6.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.01% of their portfolio | 24.0k $1.3m | Reduced -1.1k |
| Walleye Trading LLC 0.03% of their portfolio | 24.0k $1.3m | Added +9.9k |
| Caisse de depot et placement du Quebec 0.00% of their portfolio | 24.0k $1.3m | Reduced -248.7k |
| Quadrature Capital Ltd 0.02% of their portfolio | 23.1k $1.2m | New |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. 0.80% of their portfolio | 20.8k $1.1m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 20.6k $1.1m | Unchanged |
| Headlands Technologies LLC 0.13% of their portfolio | 19.7k $1.1m | New |
| KADENSA CAPITAL Ltd 0.16% of their portfolio | 18.6k $1.0m | New |
| Trexquant Investment LP 0.01% of their portfolio | 18.0k $968.5k | Added +3.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 16.7k $902.6k | Added +4.7k |
| OVERSEA-CHINESE BANKING Corp Ltd 0.02% of their portfolio | 16.1k $869.8k | Unchanged |
| PROFUND ADVISORS LLC 0.03% of their portfolio | 16.1k $868.1k | Reduced -1.0k |
| BlueCrest Capital Management Ltd 0.09% of their portfolio | 15.8k $852.4k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 13.3k $718.3k | Reduced -21.9k |
| Quantinno Capital Management LP 0.00% of their portfolio | 13.2k $712.9k | Added +8.3k |
| Laird Norton Wetherby Wealth Management, LLC 0.03% of their portfolio | 13.0k $701.2k | First filing |
| Robeco Institutional Asset Management B.V. 0.00% of their portfolio | 12.6k $681.0k | Reduced -19.8k |
| IMC-Chicago, LLC 0.02% of their portfolio | 12.3k $663.7k | Added +495 |
| Campbell & CO Investment Adviser LLC 0.04% of their portfolio | 11.5k $620.6k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 11.4k $615.8k | Reduced -61 |
| Arrowpoint Investment Partners (Singapore) Pte. Ltd. 1.05% of their portfolio | 11.0k $593.5k | New |
| Prescott Group Capital Management, L.L.C. 0.06% of their portfolio | 10.0k $539.5k | Unchanged |
| FOX RUN MANAGEMENT, L.L.C. 0.09% of their portfolio | 10.0k $538.2k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 9.7k $523.6k | Reduced -47.9k |
| Walleye Capital LLC 0.00% of their portfolio | 9.3k $500.5k | Added +2.1k |
| BAROMETER CAPITAL MANAGEMENT INC. 0.13% of their portfolio | 9.0k $485.6k | Added +2.2k |