Also trades as: 1698.HK (HKSE) · $vol 7M
TME Institutional Ownership
Tencent Music Entertainment Group
1W: -0.9%
1M: +1.4%
3M: -12.6%
YTD: -52.5%
1Y: -62.9%
3Y: +30.4%
5Y: +2.9%
$8.49
+0.01 (+0.12%)
Weekly Expected Move ±4.4%
$8
$8
$9
$9
$9
Credit Risk of going bust: higher than 54% of companies Debt: 16.7% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.22 (down 97%), Tencent Music Entertainment Group would be worth roughly what it owes.
Total debt $2.54B against a stock market value of $12.69B.
Distance to default 4.77 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.69B (short-term plus half of long-term), stock volatility 49.3%; Altman Z'' 4.88. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Total debt $2.54B against a stock market value of $12.69B.
Distance to default 4.77 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.69B (short-term plus half of long-term), stock volatility 49.3%; Altman Z'' 4.88. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
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Institutional Ownership — TME
373
Institutional Holders
-13 vs prior quarter
0.0%
Ownership
+0.00pp
$4B
Total Invested
52
New Positions
120
Increased
158
Reduced
57
Closed
1.00
Put/Call Ratio
Ownership Trends
Top Institutional Holders (427 total)
| # | Holder | Shares | Value | Change | Change % | Holding Period | Filing |
|---|---|---|---|---|---|---|---|
| 1 | SCHRODER INVESTMENT MANAGEMENT GROUP | 45,630,307 | $387M | -31,199,421 | -40.6% | 26Q | SEC ↗ |
| 2 | BlackRock, Inc. | 32,782,645 | $278M | +1,190,003 | +3.8% | 8Q | SEC ↗ |
| 3 | Invesco Ltd. | 29,279,641 | $249M | +6,877,022 | +30.7% | 29Q | SEC ↗ |
| 4 | Krane Funds Advisors LLC | 22,543,908 | $191M | +4,659,757 | +26.1% | 31Q | SEC ↗ |
| 5 | Overlook Investments LP | 19,007,171 | $161M | — | +0.0% | 3Q | SEC ↗ |
| 6 | ARGA Investment Management, LP NEW | 18,186,510 | $154M | — | +0.0% | 1Q | SEC ↗ |
| 7 | VANGUARD CAPITAL MANAGEMENT LLC | 16,078,193 | $137M | +401,926 | +2.6% | 2Q | SEC ↗ |
| 8 | JPMORGAN CHASE & CO | 12,458,083 | $106M | -5,746,331 | -31.6% | 27Q | SEC ↗ |
| 9 | MORGAN STANLEY | 11,178,583 | $95M | +3,062,495 | +37.7% | 31Q | SEC ↗ |
| 10 | D. E. Shaw & Co., Inc. | 10,325,869 | $88M | +3,752,962 | +57.1% | 8Q | SEC ↗ |
| 11 | STATE STREET CORP | 9,343,979 | $79M | -226,094 | -2.4% | 30Q | SEC ↗ |
| 12 | BAILLIE GIFFORD & CO | 8,632,095 | $73M | -1,103,819 | -11.3% | 31Q | SEC ↗ |
| 13 | VOLORIDGE INVESTMENT MANAGEMENT, LLC | 7,328,394 | $62M | +1,666,488 | +29.4% | 4Q | SEC ↗ |
| 14 | Himalaya Capital Management LLC | 6,590,836 | $56M | — | +0.0% | 2Q | SEC ↗ |
| 15 | RENAISSANCE TECHNOLOGIES LLC | 6,456,844 | $55M | -113,500 | -1.7% | 27Q | SEC ↗ |
| 16 | Mawer Investment Management Ltd. | 6,202,845 | $53M | -1,011,904 | -14.0% | 10Q | SEC ↗ |
| 17 | MARSHALL WACE, LLP | 6,041,331 | $51M | +2,584,361 | +74.8% | 3Q | SEC ↗ |
| 18 | GEODE CAPITAL MANAGEMENT, LLC | 5,988,857 | $51M | +2,439,415 | +68.7% | 30Q | SEC ↗ |
| 19 | NORGES BANK NEW | 5,837,956 | $50M | — | +0.0% | 1Q | SEC ↗ |
| 20 | BNP PARIBAS FINANCIAL MARKETS | 5,567,989 | $47M | +1,366,372 | +32.5% | 29Q | SEC ↗ |
| 21 | MASSACHUSETTS FINANCIAL SERVICES CO /M | 5,358,422 | $45M | -792,592 | -12.9% | 6Q | SEC ↗ |
| 22 | SEI INVESTMENTS CO | 5,211,435 | $44M | +1,230,615 | +30.9% | 15Q | SEC ↗ |
| 23 | Allspring Global Investments Holdings, | 4,917,380 | $42M | +671,017 | +15.8% | 19Q | SEC ↗ |
| 24 | UBS Group AG | 4,464,039 | $38M | +806,602 | +22.1% | 31Q | SEC ↗ |
| 25 | Cape Ann Asset Management Ltd NEW | 4,426,136 | $38M | — | +0.0% | 1Q | SEC ↗ |
| 26 | VANGUARD FIDUCIARY TRUST CO | 4,401,944 | $37M | +154,953 | +3.6% | 2Q | SEC ↗ |
| 27 | STOREBRAND ASSET MANAGEMENT AS | 4,195,171 | $36M | +3,647,019 | +665.3% | 26Q | SEC ↗ |
| 28 | Amundi | 4,005,346 | $34M | +654,355 | +19.5% | 3Q | SEC ↗ |
| 29 | E Fund Management Co., Ltd. | 3,478,951 | $30M | +669,498 | +23.8% | 2Q | SEC ↗ |
| 30 | DIMENSIONAL FUND ADVISORS LP | 3,354,765 | $28M | -85,507 | -2.5% | 24Q | SEC ↗ |
| 31 | GOLDMAN SACHS GROUP INC | 3,351,804 | $28M | -439,365 | -11.6% | 15Q | SEC ↗ |
| 32 | NOMURA ASSET MANAGEMENT INTERNATIONAL | 3,332,519 | $28M | +1,615,071 | +94.0% | 3Q | SEC ↗ |
| 33 | Ranmore Fund Management Ltd NEW | 3,260,259 | $28M | — | +0.0% | 1Q | SEC ↗ |
| 34 | Legal & General Group Plc | 3,192,641 | $27M | -452,333 | -12.4% | 27Q | SEC ↗ |
| 35 | AMERIPRISE FINANCIAL INC | 3,122,749 | $27M | +189,830 | +6.5% | 16Q | SEC ↗ |
| 36 | UBS AM, a distinct business unit of UB | 3,112,509 | $26M | +3,111,443 | +291880.2% | 3Q | SEC ↗ |
| 37 | NATIONAL BANK OF CANADA /FI | 3,066,391 | $26M | +3,050,604 | +19323.5% | 6Q | SEC ↗ |
| 38 | Carmignac Gestion | 2,903,426 | $25M | +22,273 | +0.8% | 11Q | SEC ↗ |
| 39 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF | 2,631,605 | $22M | +416,790 | +18.8% | 8Q | SEC ↗ |
| 40 | Temasek Holdings (Private) Ltd | 2,561,538 | $22M | — | +0.0% | 4Q | SEC ↗ |
| 41 | HSBC HOLDINGS PLC | 2,533,981 | $22M | -220,333 | -8.0% | 31Q | SEC ↗ |
| 42 | NORTHERN TRUST CORP | 2,532,755 | $22M | -197,290 | -7.2% | 31Q | SEC ↗ |
| 43 | BAMCO INC /NY | 2,424,631 | $21M | +365,232 | +17.7% | 10Q | SEC ↗ |
| 44 | Alpine Investment Management Ltd NEW | 2,418,198 | $21M | — | +0.0% | 1Q | SEC ↗ |
| 45 | NORDEA INVESTMENT MANAGEMENT AB | 2,372,741 | $20M | +43,002 | +1.8% | 21Q | SEC ↗ |
| 46 | SOUTHEASTERN ASSET MANAGEMENT INC/TN NEW | 2,305,210 | $20M | — | +0.0% | 1Q | SEC ↗ |
| 47 | BANK OF AMERICA CORP /DE | 2,164,943 | $18M | +339,048 | +18.6% | 15Q | SEC ↗ |
| 48 | NEW YORK STATE COMMON RETIREMENT FUND | 2,080,636 | $18M | +1,325,925 | +175.7% | 24Q | SEC ↗ |
| 49 | DEUTSCHE BANK AG | 1,883,116 | $16M | -487,506 | -20.6% | 31Q | SEC ↗ |
| 50 | VANGUARD ASSET MANAGEMENT, Ltd | 1,658,823 | $14M | +43,251 | +2.7% | 2Q | SEC ↗ |
Recent Activity
New Positions (20)
| Holder | Shares | Value |
|---|---|---|
| ARGA Investment Management, LP | 18,186,510 | $154M |
| NORGES BANK | 5,837,956 | $50M |
| Cape Ann Asset Management Ltd | 4,426,136 | $38M |
| Ranmore Fund Management Ltd | 3,260,259 | $28M |
| Alpine Investment Management Ltd | 2,418,198 | $21M |
| SOUTHEASTERN ASSET MANAGEMENT INC/T | 2,305,210 | $20M |
| Pale Fire Capital SE | 1,094,729 | $9M |
| RWWM, INC. | 1,054,403 | $9M |
| HEALTHCARE OF ONTARIO PENSION PLAN | 627,092 | $5M |
| Sixth Street Partners Management Co | 588,512 | $5M |
| Oasis Management Co Ltd. | 500,000 | $4M |
| Fideuram Asset Management (Ireland) | 431,394 | $4M |
| CAPITAL FUND MANAGEMENT S.A. | 363,660 | $3M |
| Nykredit A/S | 202,745 | $2M |
| Beverly Hills Private Wealth, LLC | 163,306 | $1M |
| Schonfeld Strategic Advisors LLC | 146,247 | $1M |
| DV EQUITIES, LLC | 133,205 | $1M |
| Jain Global LLC | 118,589 | $1M |
| ARGONAUTICA PRIVATE WEALTH MANAGEME | 86,173 | $732K |
| Janney Montgomery Scott LLC | 72,899 | $619K |
Sold Out (20)
| Holder | Prev Shares | Prev Value |
|---|---|---|
| Cantillon Capital Management LLC | 13,382,595 | $114M |
| Capital World Investors | 7,030,660 | $60M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | 3,592,177 | $30M |
| Qube Research & Technologies Ltd | 2,318,102 | $20M |
| Marathon Asset Management Ltd | 2,305,413 | $20M |
| Green Court Capital Management Ltd | 1,750,088 | $15M |
| JENNISON ASSOCIATES LLC | 1,508,978 | $13M |
| AXIOM INVESTORS LLC /DE | 1,221,574 | $10M |
| C WorldWide Group Holding A/S | 941,058 | $8M |
| NS Partners Ltd | 757,800 | $6M |
| KADENSA CAPITAL Ltd | 718,645 | $6M |
| CAUSEWAY CAPITAL MANAGEMENT LLC | 612,900 | $5M |
| FACT Capital, LP | 586,839 | $5M |
| Sustainable Growth Advisers, LP | 503,887 | $4M |
| Connor, Clark & Lunn Investment Man | 371,453 | $3M |
| XY Capital Ltd | 338,618 | $3M |
| Capital Wealth Planning, LLC | 334,026 | $3M |
| APG Asset Management N.V. | 330,271 | $3M |
| JUPITER ASSET MANAGEMENT LTD | 300,695 | $3M |
| MATTHEWS INTERNATIONAL CAPITAL MANA | 238,068 | $2M |
Biggest Increases (20)
| Holder | Added | Change % | Total Shares |
|---|---|---|---|
| Invesco Ltd. | +6,877,022 | +30.7% | 29,279,641 |
| Krane Funds Advisors LLC | +4,659,757 | +26.1% | 22,543,908 |
| D. E. Shaw & Co., Inc. | +3,752,962 | +57.1% | 10,325,869 |
| STOREBRAND ASSET MANAGEMENT AS | +3,647,019 | +665.3% | 4,195,171 |
| UBS AM, a distinct business unit of | +3,111,443 | +291880.2% | 3,112,509 |
| MORGAN STANLEY | +3,062,495 | +37.7% | 11,178,583 |
| NATIONAL BANK OF CANADA /FI | +3,050,604 | +19323.5% | 3,066,391 |
| MARSHALL WACE, LLP | +2,584,361 | +74.8% | 6,041,331 |
| GEODE CAPITAL MANAGEMENT, LLC | +2,439,415 | +68.7% | 5,988,857 |
| VOLORIDGE INVESTMENT MANAGEMENT, LL | +1,666,488 | +29.4% | 7,328,394 |
| NOMURA ASSET MANAGEMENT INTERNATION | +1,615,071 | +94.0% | 3,332,519 |
| Balyasny Asset Management L.P. | +1,593,738 | +3580.8% | 1,638,246 |
| BNP PARIBAS FINANCIAL MARKETS | +1,366,372 | +32.5% | 5,567,989 |
| NEW YORK STATE COMMON RETIREMENT FU | +1,325,925 | +175.7% | 2,080,636 |
| SEI INVESTMENTS CO | +1,230,615 | +30.9% | 5,211,435 |
| BlackRock, Inc. | +1,190,003 | +3.8% | 32,782,645 |
| Quinn Opportunity Partners LLC | +1,072,681 | +825.1% | 1,202,681 |
| Trexquant Investment LP | +1,033,072 | +907.5% | 1,146,904 |
| UBS Group AG | +806,602 | +22.1% | 4,464,039 |
| PRUDENTIAL PLC | +766,893 | +607.1% | 893,222 |
Biggest Decreases (20)
| Holder | Reduced | Change % | Total Shares |
|---|---|---|---|
| SCHRODER INVESTMENT MANAGEMENT GROU | -31,199,421 | -40.6% | 45,630,307 |
| FMR LLC | -12,010,397 | -99.8% | 28,037 |
| JPMORGAN CHASE & CO | -5,746,331 | -31.6% | 12,458,083 |
| CITADEL ADVISORS LLC | -2,945,273 | -73.1% | 1,084,848 |
| Robeco Institutional Asset Manageme | -1,812,029 | -57.2% | 1,357,543 |
| HRT FINANCIAL LP | -1,730,234 | -94.3% | 104,552 |
| TWO SIGMA INVESTMENTS, LP | -1,713,400 | -92.6% | 136,300 |
| BAILLIE GIFFORD & CO | -1,103,819 | -11.3% | 8,632,095 |
| Mawer Investment Management Ltd. | -1,011,904 | -14.0% | 6,202,845 |
| MASSACHUSETTS FINANCIAL SERVICES CO | -792,592 | -12.9% | 5,358,422 |
| Man Group plc | -710,238 | -64.0% | 398,970 |
| Y-Intercept (Hong Kong) Ltd | -536,257 | -70.2% | 227,294 |
| DEUTSCHE BANK AG | -487,506 | -20.6% | 1,883,116 |
| Legal & General Group Plc | -452,333 | -12.4% | 3,192,641 |
| GOLDMAN SACHS GROUP INC | -439,365 | -11.6% | 3,351,804 |
| Swedbank AB | -397,500 | -61.0% | 254,185 |
| Jump Financial, LLC | -393,941 | -94.8% | 21,700 |
| AIA Group Ltd | -290,965 | -81.1% | 68,010 |
| Squarepoint Ops LLC | -276,299 | -73.8% | 98,336 |
| State of New Jersey Common Pension | -265,055 | -44.0% | 336,690 |