Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tencent Music Entmt Group (TME)

307 + Investors. Track Smart Money conviction in TME. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -7
Streak
3Q ▼
Buyers last Q
51%

Smart Money Signals — TME

Based on 312 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their TME positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 87% of 3.0Y peak

87% of all-time peak
312 funds currently hold this stock — 87% of the 3.0-year high of 359 funds (reached 2025 Q3). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 4% fewer funds vs a year ago

fund count last 6Q
14 fewer hedge funds hold TME compared to a year ago (-4% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 51% buying

175 buying165 selling
Last quarter: 175 funds bought or added vs 165 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~53 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 73 → 57 → 48 → 53. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 17% medium ■ 18% new
201 out of 312 hedge funds have held TME for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📊

Peak discovery — momentum slowing

60 → 73 → 57 → 48 → 53 new funds/Q
New funds entering each quarter: 73 → 57 → 48 → 53. TME is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 69% veterans vs 20% newcomers

■ 69% veterans ■ 11% 1-2yr ■ 20% new
Entry-cohort mix of 327 holders: 227 (69%) are 2+ year veterans, 36 entered 1–2 years ago, and 64 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 56% AUM from top-100 funds

56% from top-100 AUM funds
59 of 309 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in TME. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TME

In 2026 Q2, 175 hedge funds were net buyers of TME (53 opened a new position, 122 added to an existing one), while 165 reduced or exited (105 trimmed, 60 sold completely) — a 51% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 56% of total institutional value in TME is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 312.

Hedge Fund Ownership: TME

How many hedge funds hold TME — quarterly history vs. share price
Quarterly hedge fund ownership of TME vs. share price

Market Analysis: TME

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TME

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

13 top-rated funds 3 high-conviction
Consensus
5.0
/ 10
breadth
×
Elite
3.6
/ 10
conviction
Hedge Fund Positioning: TME
307 + Investors

Track Smart Money conviction in TME. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 307 319 -3.76%
13F Shares 436M 399M 9.26%
Total Value $3.64B $3.71B -2.06%
New Positions 53 48 +5
Increased Positions 118 111 +7
Closed Positions 62 72 -10
Reduced Positions 101 126 -25
Total Calls 10 8 25.0%
Total Puts 8 9 -11.11%
PUT/CALL Ratio 0.8 1.12 Neutral

Statistics: TME

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

307 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TME. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TME holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Overlook Investments LP 80.41% 19,007,171 $176.4M
2 Cape Ann Asset Management Ltd 8.51% 4,426,136 $37.0M
3 Krane Funds Advisors LLC 6.67% 22,543,908 $188.2M
4 Alpine Investment Management Ltd 4.91% 2,418,198 $20.2M
5 ARGA Investment Management, LP 3.87% 18,186,510 $151.9M
6 Ranmore Fund Management Ltd 3.01% 3,260,259 $27.2M
7 Himalaya Capital Management LLC 1.49% 6,590,836 $55.0M
8 Southeastern Asset Management Inc/Tn/ 1.00% 2,305,210 $19.2M
9 RWWM, Inc. 0.66% 1,054,403 $8.9M
10 E Fund Management Co., Ltd. 0.65% 3,478,951 $29.0M
11 Pale Fire Capital SE 0.65% 1,094,729 $9.1M
12 E Fund Management (Hong Kong) Co., Ltd. 0.63% 226,808 $1.9M
13 Quinn Opportunity Partners LLC 0.47% 1,202,681 $10.0M
14 Mawer Investment Management Ltd. 0.35% 6,202,845 $51.8M
15 Carmignac Gestion 0.31% 2,903,426 $24.3M
16 Schroder Investment Management Group 0.27% 45,630,307 $381.0M
17 Voloridge Investment Management, LLC 0.26% 7,328,394 $61.2M
18 Beverly Hills Private Wealth, LLC 0.26% 163,306 $1.4M
19 Oasis Management Co Ltd. 0.22% 500,000 $4.2M
20 Argonautica Private Wealth Management, Inc 0.18% 86,173 $720K
21 Westpac Banking Corp 0.17% 324,963 $2.7M
22 Dv Equities, LLC 0.16% 133,205 $1.1M
23 Ping Capital Management, INC. 0.16% 75,000 $626K
24 Aigen Investment Management, LP 0.14% 61,892 $517K
25 Perpetual Ltd 0.13% 1,108,215 $9.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Tencent Music Entmt Group (TME)

What does the Smart Money Trend signal show for TME?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their TME positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TME?

Slight buying edge — 51% buying: Last quarter: 175 funds bought or added vs 165 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TME holders?

Elite ownership — 56% AUM from top-100 funds: 59 of 309 holders are among the 100 largest funds by AUM, controlling 56% of total institutional value in TME. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TME?

64% of holders stayed for 2+ years: 201 out of 312 hedge funds have held TME for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →