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 ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.36. Options: 13 managers hold calls ($13.7m notional), 11 hold puts ($30.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 236 |
| Q4 2022 | 244 |
| Q1 2023 | 258 |
| Q2 2023 | 278 |
| Q3 2023 | 245 |
| Q4 2023 | 256 |
| Q1 2024 | 292 |
| Q2 2024 | 318 |
| Q3 2024 | 319 |
| Q4 2024 | 299 |
| Q1 2025 | 307 |
| Q2 2025 | 329 |
| Q3 2025 | 362 |
| Q4 2025 | 344 |
| Q1 2026 | 321 |
| Q2 2026 | 310 |
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 2024 | 159 | 165 |
| Q4 2024 | 120 | 184 |
| Q1 2025 | 157 | 139 |
| Q2 2025 | 165 | 150 |
| Q3 2025 | 159 | 188 |
| Q4 2025 | 162 | 186 |
| Q1 2026 | 155 | 189 |
| Q2 2026 | 163 | 157 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $167.1m | $80.7m | 0.48 |
| Q4 2025 | $85.9m | $47.8m | 0.56 |
| Q1 2026 | $13.8m | $35.6m | 2.57 |
| Q2 2026 | $13.7m | $30.2m | 2.21 |
Biggest buyers
| ARGA Investment Management, LP | New | +18.2m |
| Invesco Ltd. | Added | +6.9m |
| Krane Funds Advisors LLC | Added | +4.7m |
| Cape Ann Asset Management Ltd | New | +4.4m |
| D. E. Shaw & Co., Inc. | Added | +3.8m |
| STOREBRAND ASSET MANAGEMENT AS | Added | +3.6m |
| Ranmore Fund Management Ltd | New | +3.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +3.1m |
| MORGAN STANLEY | Added | +3.1m |
| NATIONAL BANK OF CANADA /FI/ | Added | +3.1m |
Biggest sellers
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -31.2m |
| Cantillon Capital Management LLC | Sold out | -13.4m |
| FMR LLC | Reduced | -12.0m |
| JPMORGAN CHASE & CO | Reduced | -5.7m |
| CITADEL ADVISORS LLC | Reduced | -2.9m |
| Qube Research & Technologies Ltd | Sold out | -2.3m |
| Robeco Institutional Asset Management B.V. | Reduced | -1.8m |
| Green Court Capital Management Ltd | Sold out | -1.8m |
| HRT FINANCIAL LP | Reduced | -1.7m |
| TWO SIGMA INVESTMENTS, LP | Reduced | -1.7m |
Biggest calls
| IMC-Chicago, LLC | Added | $2.1m250.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m243.2k shares |
| GROUP ONE TRADING LLC | Added | $2.0m235.2k shares |
| CITADEL ADVISORS LLC | Added | $1.8m212.2k shares |
| Squarepoint Ops LLC | Added | $1.4m168.1k shares |
| JANE STREET GROUP, LLC | Reduced | $1.1m135.8k shares |
| CastleKnight Management LP | New | $876.8k105.0k shares |
| UBS Group AG | Added | $741.1k88.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $514.4k61.6k shares |
| Point72 Asset Management, L.P. | Reduced | $421.7k50.5k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $7.8m929.5k shares |
| JANE STREET GROUP, LLC | Added | $7.4m887.7k shares |
| CITADEL ADVISORS LLC | Added | $6.0m718.5k shares |
| SIMPLEX TRADING, LLC | Added | $2.4m286.8k shares |
| IMC-Chicago, LLC | Reduced | $2.4m282.4k shares |
| Squarepoint Ops LLC | Added | $1.7m209.2k shares |
| GROUP ONE TRADING LLC | Reduced | $976.1k116.9k shares |
| D. E. Shaw & Co., Inc. | Unchanged | $811.6k97.2k shares |
| Walleye Trading LLC | Reduced | $325.6k39.0k shares |
| Point72 Asset Management, L.P. | New | $288.9k34.6k 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 since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.27% of their portfolio | 45.6m $381.0m | Reduced -31.2m |
| BlackRock, Inc. 0.00% of their portfolio | 32.8m $273.7m | Added +1.2m |
| Invesco Ltd. 0.02% of their portfolio | 29.3m $244.5m | Added +6.9m |
| Krane Funds Advisors LLC 6.67% of their portfolio | 22.5m $188.2m | Added +4.7m |
| Overlook Investments LP 100.00% of their portfolio | 19.0m $158.5m | Unchanged |
| ARGA Investment Management, LP 3.87% of their portfolio | 18.2m $151.9m | New |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 16.1m $134.3m | Added +401.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 12.5m $105.3m | Reduced -5.7m |
| MORGAN STANLEY 0.00% of their portfolio | 11.2m $93.3m | Added +3.1m |
| D. E. Shaw & Co., Inc. 0.05% of their portfolio | 10.3m $86.2m | Added +3.8m |
| STATE STREET CORP 0.00% of their portfolio | 9.3m $78.0m | Reduced -226.1k |
| BAILLIE GIFFORD & CO 0.07% of their portfolio | 8.6m $72.1m | Reduced -1.1m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.26% of their portfolio | 7.3m $61.2m | Added +1.7m |
| Himalaya Capital Management LLC 1.49% of their portfolio | 6.6m $55.0m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 6.5m $53.9m | Reduced -113.5k |
| Mawer Investment Management Ltd. 0.35% of their portfolio | 6.2m $51.8m | Reduced -1.0m |
| MARSHALL WACE, LLP 0.04% of their portfolio | 6.0m $50.4m | Added +2.6m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 6.0m $49.8m | Added +2.4m |
| NORGES BANK 0.00% of their portfolio | 5.8m $48.7m | Not comparable |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 5.6m $46.5m | Added +1.4m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 5.4m $44.9m | Reduced -792.6k |
| SEI INVESTMENTS CO 0.04% of their portfolio | 5.2m $43.5m | Added +1.2m |
| Allspring Global Investments Holdings, LLC 0.07% of their portfolio | 4.9m $42.6m | Added +671.0k |
| UBS Group AG 0.01% of their portfolio | 4.5m $37.3m | Added +806.6k |
| Cape Ann Asset Management Ltd 8.51% of their portfolio | 4.4m $37.0m | New |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 4.4m $36.8m | Added +155.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.09% of their portfolio | 4.2m $35.0m | Added +3.6m |
| Amundi 0.01% of their portfolio | 4.0m $33.4m | Added +654.4k |
| E Fund Management Co., Ltd. 0.65% of their portfolio | 3.5m $29.0m | Added +669.5k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 3.4m $28.0m | Reduced -85.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 3.4m $28.0m | Reduced -439.4k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.04% of their portfolio | 3.3m $27.8m | Added +1.6m |
| Ranmore Fund Management Ltd 3.01% of their portfolio | 3.3m $27.2m | New |
| Legal & General Group Plc 0.01% of their portfolio | 3.2m $26.7m | Reduced -452.3k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 3.1m $26.1m | Added +189.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 3.1m $26.0m | Added +3.1m |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 3.1m $25.6m | Added +3.1m |
| Carmignac Gestion 0.31% of their portfolio | 2.9m $24.3m | Added +22.3k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.06% of their portfolio | 2.6m $22.0m | Added +416.8k |
| Temasek Holdings (Private) Ltd 0.06% of their portfolio | 2.6m $21.4m | Unchanged |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 2.5m $21.2m | Reduced -219.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 2.5m $21.1m | Reduced -197.3k |
| BAMCO INC /NY/ 0.03% of their portfolio | 2.4m $20.2m | Added +365.2k |
| Alpine Investment Management Ltd 5.15% of their portfolio | 2.4m $20.2m | New |
| NORDEA INVESTMENT MANAGEMENT AB 0.02% of their portfolio | 2.4m $19.8m | Added +43.0k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 1.00% of their portfolio | 2.3m $19.2m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 2.2m $18.1m | Added +339.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 2.1m $17.4m | Added +1.3m |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 1.9m $15.7m | Reduced -487.5k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.01% of their portfolio | 1.7m $13.9m | Added +43.3k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 1.6m $13.7m | Added +1.6m |
| Handelsbanken Fonder AB 0.04% of their portfolio | 1.5m $12.8m | Reduced -2.6k |
| BARCLAYS PLC 0.00% of their portfolio | 1.5m $12.8m | Added +319.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 1.5m $12.3m | Reduced -27.1k |
| Robeco Institutional Asset Management B.V. 0.01% of their portfolio | 1.4m $11.3m | Reduced -1.8m |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 1.3m $10.8m | Reduced -7.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 1.3m $10.7m | Added +100.4k |
| Quinn Opportunity Partners LLC 0.47% of their portfolio | 1.2m $10.0m | Added +1.1m |
| Trexquant Investment LP 0.06% of their portfolio | 1.1m $9.6m | Added +1.0m |
| Perpetual Ltd 0.13% of their portfolio | 1.1m $9.3m | Added +190.7k |
| Swiss National Bank 0.00% of their portfolio | 1.1m $9.2m | Reduced -3.6k |
| Pale Fire Capital SE 0.65% of their portfolio | 1.1m $9.1m | New |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 1.1m $9.1m | Reduced -2.9m |
| RWWM, INC. 0.66% of their portfolio | 1.1m $8.9m | New |
| Nuveen, LLC 0.00% of their portfolio | 1.1m $8.8m | Added +62.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 977.4k $8.2m | Added +422.9k |
| CITIGROUP INC 0.00% of their portfolio | 938.5k $7.8m | Reduced -190.7k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 906.2k $8.4m | Unchanged |
| PRUDENTIAL PLC 0.05% of their portfolio | 893.2k $7.5m | Added +766.9k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 754.0k $6.3m | Reduced -15.8k |
| OLD MISSION CAPITAL LLC 0.15% of their portfolio | 718.6k $6.0m | Added +365.0k |
| Marex Group Ltd 0.04% of their portfolio | 713.5k $6.0m | Added +924 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 695.5k $5.8m | Added +223.0k |
| Creative Planning 0.00% of their portfolio | 675.1k $5.6m | Added +480.9k |
| California Public Employees Retirement System 0.00% of their portfolio | 668.8k $5.6m | Added +32.5k |
| Pictet Asset Management Holding SA 0.01% of their portfolio | 639.7k $5.3m | Added +53.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 635.7k $5.3m | Added +23.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 627.1k $5.2m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 588.5k $4.9m | Reduced -1.5k |
| GF FUND MANAGEMENT CO. LTD. 0.05% of their portfolio | 544.4k $4.5m | Added +28.0k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.01% of their portfolio | 543.4k $4.5m | Reduced -3.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 516.2k $4.3m | Reduced -113.9k |
| Oasis Management Co Ltd. 0.45% of their portfolio | 500.0k $4.2m | New |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio | 481.4k $4.0m | Reduced -129.1k |
| Vinva Investment Management Ltd 0.03% of their portfolio | 462.1k $3.9m | Added +347.7k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 442.7k $3.7m | Added +94.3k |
| CANADA LIFE ASSURANCE Co 0.01% of their portfolio | 436.2k $3.6m | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 435.8k $3.6m | Added +194.3k |
| AVIVA PLC 0.01% of their portfolio | 432.5k $3.6m | Added +10.2k |
| Fideuram Asset Management (Ireland) dac 0.08% of their portfolio | 431.4k $4.0m | New |
| POLEN CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 407.2k $3.4m | Reduced -3.1k |
| Man Group plc 0.01% of their portfolio | 399.0k $3.3m | Reduced -710.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 377.5k $3.2m | Added +101.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio | 363.7k $3.0m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 342.3k $2.9m | Reduced -21.2k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 336.7k $2.8m | Reduced -265.1k |
| WESTPAC BANKING CORP 0.17% of their portfolio | 325.0k $2.7m | Added +48.3k |
| EXCHANGE TRADED CONCEPTS, LLC 0.01% of their portfolio | 309.5k $2.6m | Added +45.1k |
| NOMURA HOLDINGS INC 0.01% of their portfolio | 307.2k $2.6m | Added +1.6k |
| Leonteq Securities AG 0.15% of their portfolio | 305.8k $2.6m | Added +79.1k |