TENCENT MUSIC ENTMT GROUP TME
SPON ADS · ADR · CUSIP 88034P109 · ISIN US88034P1093
Chinese music distribution company
- SectorCommunication
- IndustryRadio Broadcasting Stations
- HeadquartersShenzhen, People's Republic of China
- Founded2016
- Websitetencentmusic.com
- 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 ($699.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.39. Options: 15 managers hold calls ($20.3m notional), 15 hold puts ($15.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 236 |
| Q4 2022 | 244 |
| Q1 2023 | 258 |
| Q2 2023 | 278 |
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 | 111 | 118 |
| Q1 2023 | 143 | 105 |
| Q2 2023 | 146 | 118 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $31.3m | $17.5m | 0.56 |
| Q4 2022 | $67.4m | $43.1m | 0.64 |
| Q1 2023 | $27.6m | $24.7m | 0.90 |
| Q2 2023 | $20.3m | $15.5m | 0.76 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | Added | +7.3m |
| Man Group plc | New | +3.2m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +2.7m |
| Driehaus Capital Management LLC | New | +2.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.5m |
| RENAISSANCE TECHNOLOGIES LLC | Added | +2.1m |
| JANE STREET GROUP, LLC | Added | +1.9m |
| PICTET ASSET MANAGEMENT SA | Added | +1.8m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +1.6m |
Biggest sellers
| Krane Funds Advisors LLC | Reduced | -14.0m |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -7.6m |
| E Fund Management Co., Ltd. | Reduced | -5.2m |
| Invesco Ltd. | Reduced | -4.1m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -2.6m |
| Man Group plc | Sold out | -2.5m |
| TWO SIGMA ADVISERS, LP | Reduced | -2.1m |
| Coronation Fund Managers Ltd. | Reduced | -1.9m |
| NORGES BANK | Reduced | -1.8m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -981.8k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $5.8m789.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.6m487.9k shares |
| Walleye Trading LLC | Reduced | $2.1m286.5k shares |
| D. E. Shaw & Co., Inc. | Added | $2.0m275.0k shares |
| CITADEL ADVISORS LLC | Reduced | $1.5m208.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.5m200.4k shares |
| IMC-Chicago, LLC | Reduced | $831.7k112.7k shares |
| JANE STREET GROUP, LLC | Reduced | $688.6k93.3k shares |
| Cubist Systematic Strategies, LLC | Added | $613.3k83.1k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $553.5k75.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m529.8k shares |
| GROUP ONE TRADING LLC | Added | $2.6m355.5k shares |
| D. E. Shaw & Co., Inc. | Reduced | $2.2m294.7k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $1.5m210.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $1.4m196.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m167.7k shares |
| Walleye Trading LLC | Reduced | $986.0k133.6k shares |
| IMC-Chicago, LLC | Reduced | $682.6k92.5k shares |
| JANE STREET GROUP, LLC | Added | $238.4k32.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $224.4k30.4k 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 |
|---|---|
| Tencent Holdings Ltd 13G · exempt (held before listing) filed 2026-08-14 | 55.5% |
Insider purchases and sales in Q2 2023
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 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| CANADA PENSION PLAN INVESTMENT BOARD 0.42% of their portfolio | 37.4m $276.2m | Added +432.9k |
| BlackRock Inc. 0.01% of their portfolio | 33.5m $247.2m | Added +1.3m |
| BAILLIE GIFFORD & CO 0.18% of their portfolio | 28.8m $212.7m | Added +132.6k |
| VANGUARD GROUP INC 0.00% of their portfolio | 24.7m $182.6m | Added +388.0k |
| Krane Funds Advisors LLC 8.01% of their portfolio | 20.6m $151.9m | Reduced -14.0m |
| ACADIAN ASSET MANAGEMENT LLC 0.47% of their portfolio | 15.6m $115.2m | Added +7.3m |
| STATE STREET CORP 0.00% of their portfolio | 12.6m $93.1m | Added +213.0k |
| Allspring Global Investments Holdings, LLC 0.14% of their portfolio | 11.6m $85.3m | Added +583.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio | 10.1m $74.4m | Added +2.1m |
| Invesco Ltd. 0.02% of their portfolio | 9.9m $73.1m | Reduced -4.1m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 9.5m $69.7m | Added +2.5m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 7.9m $58.3m | Reduced -7.6m |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 7.1m $52.4m | Reduced -981.8k |
| NORGES BANK 0.01% of their portfolio | 6.6m $48.9m | Reduced -1.8m |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 6.6m $48.8m | Added +1.6m |
| Coronation Fund Managers Ltd. 1.27% of their portfolio | 6.4m $47.3m | Reduced -1.9m |
| CAUSEWAY CAPITAL MANAGEMENT LLC 1.18% of their portfolio | 6.1m $44.7m | Reduced -308.8k |
| Legal & General Group Plc 0.01% of their portfolio | 6.0m $44.6m | Reduced -71.2k |
| Robeco Institutional Asset Management B.V. 0.11% of their portfolio | 5.8m $42.8m | Added +1.2m |
| TWO SIGMA ADVISERS, LP 0.10% of their portfolio | 5.2m $38.6m | Reduced -2.1m |
| MORGAN STANLEY 0.00% of their portfolio | 4.9m $36.5m | Added +850.6k |
| Origin Asset Management LLP 13.27% of their portfolio | 4.6m $33.9m | Added +115.0k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 4.2m $30.7m | Added +284.7k |
| E Fund Management Co., Ltd. 2.42% of their portfolio | 4.1m $30.6m | Reduced -5.2m |
| Perpetual Ltd 0.25% of their portfolio | 4.0m $29.3m | Reduced -263.2k |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 4.0m $29.3m | Added +1.4m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 3.8m $31.8m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 3.4m $25.2m | Added +99.5k |
| POLEN CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 3.2m $23.6m | Reduced -210.5k |
| Man Group plc 0.07% of their portfolio | 3.2m $23.5m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio | 3.0m $21.9m | Added +2.7m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.8m $20.4m | Added +1.7m |
| PICTET ASSET MANAGEMENT SA 0.02% of their portfolio | 2.7m $19.9m | Added +1.8m |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 2.7m $19.6m | Added +1.9m |
| Driehaus Capital Management LLC 0.24% of their portfolio | 2.6m $19.4m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.5m $18.7m | Added +135.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.5m $18.1m | Added +65.1k |
| HSBC HOLDINGS PLC 0.02% of their portfolio | 2.4m $17.7m | Added +260.1k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.3m $17.1m | Reduced -278.1k |
| Andra AP-fonden 0.40% of their portfolio | 2.1m $15.7m | Added +247.3k |
| MACQUARIE GROUP LTD 0.02% of their portfolio | 2.1m $15.4m | Added +540.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 2.0m $14.6m | Added +644.3k |
| Bridgewater Associates, LP 0.09% of their portfolio | 1.9m $14.1m | Added +487.4k |
| PRUDENTIAL PLC 0.16% of their portfolio | 1.9m $13.9m | Added +734.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.9m $13.8m | Added +1.1m |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 1.8m $13.1m | Added +497.8k |
| Swiss National Bank 0.01% of their portfolio | 1.7m $12.8m | Reduced -198.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 1.7m $12.4m | Reduced -97.0k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 1.7m $12.3m | Added +132.3k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 1.6m $11.9m | Added +699.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.6m $11.8m | Reduced -251.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.06% of their portfolio | 1.6m $11.6m | Added +468.6k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 1.6m $11.7m | Added +118.4k |
| UBS Group AG 0.00% of their portfolio | 1.5m $10.8m | Reduced -162.6k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 1.4m $10.0m | New |
| MATTHEWS INTERNATIONAL CAPITAL MANAGEMENT LLC 1.16% of their portfolio | 1.3m $9.9m | New |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 1.2m $9.0m | Added +173.7k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.2m $8.7m | New |
| California Public Employees Retirement System 0.01% of their portfolio | 1.1m $8.2m | Reduced -44.4k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 1.1m $8.2m | Added +670.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.1m $8.2m | Reduced -76.2k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $7.8m | Added +644.9k |
| HRT FINANCIAL LP 0.07% of their portfolio | 1.0m $7.6m | Added +995.1k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 999.2k $7.4m | Added +200.0k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 970.3k $7.2m | Reduced -30.9k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 963.3k $7.1m | Added +15.1k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.05% of their portfolio | 921.1k $6.8m | Added +34.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 918.4k $6.8m | Added +184.3k |
| Quinn Opportunity Partners LLC 0.93% of their portfolio | 905.4k $6.7m | Reduced -17.9k |
| AXA S.A. 0.02% of their portfolio | 882.3k $6.5m | Added +2.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 848.8k $6.3m | Reduced -12.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 820.9k $6.1m | Added +126.9k |
| Alberta Investment Management Corp 0.06% of their portfolio | 798.5k $5.9m | Added +147.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.20% of their portfolio | 751.6k $5.5m | Reduced -603.5k |
| Skandinaviska Enskilda Banken AB (publ) 0.04% of their portfolio | 727.9k $5.4m | Added +24.0k |
| WESTPAC BANKING CORP 0.38% of their portfolio | 725.4k $5.4m | New |
| Pinpoint Asset Management Ltd 0.00% of their portfolio | 679.4k $5.6m | New |
| Cubist Systematic Strategies, LLC 0.06% of their portfolio | 677.0k $5.0m | Added +24.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 646.5k $4.8m | Reduced -164.6k |
| E Fund Management (Hong Kong) Co., Ltd. 3.51% of their portfolio | 638.5k $4.7m | Reduced -28.7k |
| Korea Investment CORP 0.01% of their portfolio | 637.1k $4.7m | Added +126.9k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 619.0k $4.6m | Added +74.6k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.03% of their portfolio | 602.5k $4.4m | Added +427.0k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 581.7k $4.3m | Reduced -136.3k |
| CITIGROUP INC 0.01% of their portfolio | 564.0k $4.2m | Reduced -419.2k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 547.5k $4.0m | Reduced -43.9k |
| ExodusPoint Capital Management, LP 0.04% of their portfolio | 521.4k $3.8m | New |
| BARCLAYS PLC 0.00% of their portfolio | 494.0k $3.6m | Added +45.6k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 462.0k $3.4m | Added +53.6k |
| AVIVA PLC 0.01% of their portfolio | 450.5k $3.3m | Added +22.0k |
| TWINBEECH CAPITAL LP 0.07% of their portfolio | 449.4k $3.3m | New |
| Artemis Investment Management LLP 0.04% of their portfolio | 442.0k $3.3m | Added +43.0k |
| Penserra Capital Management LLC 0.06% of their portfolio | 439.9k $3.2m | Reduced -80.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.01% of their portfolio | 437.0k $3.2m | Added +178.6k |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 435.3k $3.2m | Added +156.2k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 423.5k $3.1m | Added +123.6k |
| APG Asset Management N.V. 0.01% of their portfolio | 401.3k $2.7m | Reduced -47.7k |
| Compagnie Lombard Odier SCmA 0.08% of their portfolio | 372.0k $2.7m | Unchanged |
| NOMURA HOLDINGS INC 0.03% of their portfolio | 370.1k $2.7m | Added +331.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.01% of their portfolio | 352.0k $2.6m | Added +37.9k |