Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

TENCENT MUSIC ENTMT GROUP (TME)

342 + 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
↓ -16
Streak
1Q ▼
Buyers last Q
46%

Smart Money Signals — TME

Based on 323 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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.
🏔️

At the ownership peak (95% of max)

95% of all-time peak
323 hedge funds hold TME right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +17% more funds vs a year ago

fund count last 6Q
+46 new funds entered over the past year (+17% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 46% buying

169 buying196 selling
Last quarter: 196 funds reduced or exited vs 169 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 51 → 57 → 70 → 56. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 23% medium ■ 17% new
193 out of 323 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.
💎

Buying through price weakness — shares +8%, value -18%

Value
-17%
Shares
+7%
Last quarter: funds added +8% more shares while total portfolio value only changed -18%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

42 → 51 → 57 → 70 → 56 new funds/Q
New funds entering each quarter: 51 → 57 → 70 → 56. A growing number of institutions are discovering TME each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 65% of holders stayed 2+ years

■ 65% veterans ■ 11% 1-2yr ■ 24% new
Of 342 current holders: 224 (65%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
40 of 323 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

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

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

54 top-rated funds 3 high-conviction
Consensus
7.6
/ 10
breadth
×
Elite
3.0
/ 10
conviction
Hedge Fund Positioning: TME
2026 Q1 Stats Unlock in 22 days 342 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 342 358 -4.47%
13F Shares 444M 413M 7.67%
Total Value $7.79B $9.50B -17.93%
New Positions 60 71 -11
Increased Positions 130 118 +12
Closed Positions 76 40 +36
Reduced Positions 149 176 -27
Total Calls 11 15 -26.67%
Total Puts 11 10 10.0%
PUT/CALL Ratio 1.0 0.67 Neutral

Statistics: TME

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Valuation Measures Data as of: --

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Enterprise Value --
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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) --
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Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

342 + investors

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

Top 25 institutional holders of TME — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 E Fund Management (Hong Kong) Co., Ltd. 0.94% 223,866 $2.1M
2 E Fund Management Co., Ltd. 0.77% 2,809,453 $26.1M
3 Marex Group plc 0.27% 718,286 $10.1M
4 PING CAPITAL MANAGEMENT, INC. 0.20% 75,000 $696K
5 TB Alternative Assets Ltd. 0.18% 94,650 $878K
6 Davis Investment Partners, LLC 0.17% 51,870 $481K
7 Y-Intercept (Hong Kong) Ltd 0.13% 763,551 $7.1M
8 Perpetual Ltd 0.13% 917,492 $8.5M
9 GF FUND MANAGEMENT CO. LTD. 0.08% 516,383 $4.8M
10 Leonteq Securities AG 0.08% 226,689 $2.1M
11 Robeco Institutional Asset Management B.V. 0.04% 3,169,572 $29.4M
12 OVERSEA-CHINESE BANKING Corp Ltd 0.03% 117,488 $1.1M
13 Abacus Wealth Partners, LLC 0.02% 28,949 $269K
14 PROFUND ADVISORS LLC 0.02% 71,358 $662K
15 Bayforest Capital Ltd 0.02% 2,279 $21K
16 Union Bancaire Privee, UBP SA 0.02% 190,612 $1.6M
17 EXCHANGE TRADED CONCEPTS, LLC 0.02% 264,423 $2.5M
18 Aaron Wealth Advisors LLC 0.01% 24,675 $229K
19 E. Ohman J:or Asset Management AB 0.01% 38,000 $353K
20 PDS Planning, Inc 0.01% 13,899 $129K
21 SG Americas Securities, LLC 0.01% 612,367 $6K
22 Pictet Asset Management Holding SA 0.01% 586,520 $5.4M
23 Lansforsakringar Fondforvaltning AB (publ) 0.01% 112,000 $1.0M
24 IFM Investors Pty Ltd 0.01% 70,037 $650K
25 Prospera Financial Services Inc 0.01% 36,195 $336K
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

More sellers than buyers — 46% buying: Last quarter: 196 funds reduced or exited vs 169 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TME holders?

Strong quality — 34% AUM from major funds: 40 of 323 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held TME?

60% of holders stayed for 2+ years: 193 out of 323 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.