Free · no sign-up · Q2 2026

Which funds own TME

Tencent Music Entertainment ADR in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $156m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 4; at least, of 91 current
Combined value: $156m; as reported
Opened: 1; new this quarter
Added to: 1; already held
Trimmed or sold out: 2; 0 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Baillie Gifford & Co Long-only · $110bn book	$72m	0.1%	8,632,095	-$18m-1,103,819	Trimmed
Voloridge Investment Management LLC Quantitative · $23.5bn book	$61m	0.3%	7,328,394	+$8.6m+1,666,488	Added
Southeastern Asset Management Inc Activist · $1.9bn book	$19m	1.0%	2,305,210	opened2,305,210	New
Polen Capital Management LLC Long-only · $11.6bn book	$3.4m	0.0%	407,182	-$400k-3,096	Trimmed

Ownership through time

At least 6 of the 95 managers whose filings are on file listed TME in Q2 2026, against 10 in Q4 2018. 1 manager more than in Q1 2026: 1 started a position; 1 listed it again; 1 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Southeastern Asset Management Inc$19m

Largest increases, by shares

Southeastern Asset Management Incnew: 2,305,210 shares+$19m
Voloridge Investment Management LLC5,661,906 to 7,328,394 shares+$14m

Largest decreases, by shares

Baillie Gifford & Co9,735,914 to 8,632,095 shares-$9.2m
Renaissance Technologies LLC6,570,344 to 6,456,844 shares-$948k
Polen Capital Management LLC410,278 to 407,182 shares-$26k

Left it

No manager on file is shown leaving it.

Manager	First listed	Largest	Q2 2026
Baillie Gifford & Co	Q4 2018	$943m	$72m
Voloridge Investment Management LLC	Q4 2019	$61m	$61m
Renaissance Technologies LLC	Q2 2020	$242m	$54m
Marshall Wace LLP	Q3 2019	$149m	$50m
Southeastern Asset Management Inc	Q2 2026	$19m	$19m
Polen Capital Management LLC	Q4 2020	$30m	$3.4m
T. Rowe Price Associates Inc	Q2 2019	$881m	last listed Q4 2019
Invesco Ltd	Q2 2020	$534m	last listed Q1 2025
Jane Street Group LLC	Q1 2021	$454m	last listed Q1 2021
Wellington Management Group LLP	Q1 2020	$441m	last listed Q2 2021
D. E. Shaw & Co.	Q1 2021	$351m	last listed Q3 2021
D1 Capital Partners LP	Q4 2018	$274m	last listed Q1 2020
Capital World Investors	Q3 2024	$244m	last listed Q4 2025
Artisan Partners LP	Q4 2018	$202m	last listed Q3 2025
Dragoneer Investment Group LLC	Q4 2018	$142m	last listed Q4 2020
Capital Research Global Investors	Q4 2018	$115m	last listed Q1 2019

What TME is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around TME →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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The holdings, every quarter, and the week between

One email a week on what moved in the market and what it means for the people interviewing into it, with the 13F changes the quarter they are filed.

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