TME
Tencent Music Entertainment Group · Communication Services · Internet Content & Information
Momentum inputs (comparable managers):
holder breadth -5.0% ·
share flow -9.6% ·
net new positions -10.5%
· formula
Broad distribution: falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 119 | -8 | 301.93M | $2.52B | +5 | −13 |
| Q1 2026 | 129 | +3 | 325.53M | $3.03B | +7 | −5 |
| Q4 2025 | 126 | 0 | 262.48M | $4.60B | +2 | −1 |
| Q3 2025 | 19 | -1 | 171.23M | $4.00B | +1 | −3 |
| Q2 2025 | 18 | -1 | 147.81M | $2.88B | n/a | −1 |
| Q1 2025 | 16 | +1 | 70.59M | $1.02B | +2 | −1 |
| Q4 2024 | 15 | 0 | 64.54M | $732.15M | n/a | n/a |
| Q3 2024 | 14 | +2 | 54.33M | $654.24M | +2 | n/a |
| Q2 2024 | 12 | n/a | 52.06M | $730.98M | n/a | n/a |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase ✦ | 36.86M | n/a | $860.24M | 0.0% | n/c | 1 | SEC ↗ ×24 |
| 2 | BlackRock ✦ (passive) | 32.87M | -7.8% | $767.29M | 0.0% | ▼ Trim | 2 | SEC ↗ ×20 |
| 3 | The Vanguard Group ✦ (passive) | 21.16M | -1.1% | $493.93M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 4 | Baillie Gifford ✦ | 13.01M | -22.6% | $303.59M | 0.2% | ▼ Trim | 6 | SEC ↗ ×5 |
| 5 | Fidelity (FMR) ✦ | 12.09M | -28.6% | $282.19M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 6 | State Street Global Advisors ✦ (passive) | 10.99M | -12.5% | $256.46M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 7 | Capital World Investors ✦ | 10.47M | -14.9% | $244.36M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 8 | Renaissance Technologies ✦ | 9.60M | +14.8% | $223.99M | 0.3% | ▲ Add | 6 | SEC ↗ |
| 9 | Goldman Sachs Group ✦ | 7.27M | n/a | $169.68M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 10 | T. Rowe Price ✦ | 4.65M | -36.8% | $108.42M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 11 | Geode Capital Management ✦ (passive) | 3.61M | -19.4% | $83.49M | 0.0% | ▼ Trim | 6 | SEC ↗ ×2 |
| 12 | Morgan Stanley ✦ | 3.21M | n/a | $74.94M | 0.0% | n/c | 1 | SEC ↗ ×11 |
| 13 | Wellington Management ✦ | 1.41M | -56.9% | $32.83M | 0.0% | ▼ Trim | 6 | SEC ↗ ×6 |
| 14 | Citadel Advisors ✦ | 1.25M | +111.7% | $29.23M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 15 | Arrowstreet Capital ✦ | 1.13M | +112.3% | $26.43M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 16 | Millennium Management ✦ | 819.37K | +56.8% | $19.12M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 17 | D. E. Shaw & Co. ✦ | 618.68K | +541.3% | $14.44M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 18 | Two Sigma Investments ✦ | 156.70K | New | $3.66M | 0.0% | New | 1 | SEC ↗ |
| 19 | GAMCO Investors ✦ | 59.50K | -26.1% | $1.39M | 0.0% | ▼ Trim | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value: the conviction measure. ✦ = curated manager.
New buyers
| Two Sigma Investments | $3.66M | 0.0% |
Exited
| Norges Bank | $110.81M | was 0.0% |
| Marshall Wace | $22.02M | was 0.0% |
| AQR Capital Management | $573,257 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 314 holders, 385.38M shares, $3.53B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold: shared-ownership counts, not fundamental relationships.