TMENYSERadio Broadcasting StationsFiscal year ends December 31Also trades as TCMEF
Tencent Music Entertainment Group
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 17, 2026
$8.67+0.04 (+0.46%)
Close on Oct 19, 2026
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
432M
Shares held, 13F filers
Institutional holders
309
49 new, 57 sold out
Net institutional buying
7M
In Q2 2026
Insider trades, 12 months
0 buys · 0 sales
Open-market trades only
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Tencent Holdings Limited | 1,817,399,419 | 55.50% | 13G (passive) amendment | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of TME | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Schroder Investment Management Group | 45,630,307 | – | $381.01M | −31,199,421 | 0.27% |
| BlackRock, Inc. | 32,782,645 | – | $273.74M | +1,190,003 | 0.00% |
| Invesco Ltd. | 29,279,641 | – | $244.49M | +6,877,022 | 0.02% |
| Krane Funds Advisors LLC | 22,543,908 | – | $188.24M | +4,659,757 | 6.67% |
| Overlook Investments LP | 19,007,171 | – | $158.52M | – | 100.00% |
| ARGA Investment Management, LP | 18,186,510 | – | $151.86M | New | 3.87% |
| Vanguard Capital Management LLC | 16,078,193 | – | $134.25M | +401,926 | 0.00% |
| JPMorgan Chase & Co | 12,458,083 | – | $105.27M | −5,746,331 | 0.01% |
| Morgan Stanley | 11,178,583 | – | $93.34M | +3,062,495 | 0.00% |
| D. E. Shaw & Co., Inc. | 10,325,869 | – | $86.22M | +3,752,962 | 0.04% |
| State Street Corp | 9,343,979 | – | $78.02M | −226,094 | 0.00% |
| Baillie Gifford & Co | 8,632,095 | – | $72.08M | −1,103,819 | 0.07% |
| Voloridge Investment Management, LLC | 7,328,394 | – | $61.19M | +1,666,488 | 0.26% |
| Himalaya Capital Management LLC | 6,590,836 | – | $55.03M | – | 1.49% |
| Renaissance Technologies LLC | 6,456,844 | – | $53.91M | −113,500 | 0.07% |
| Mawer Investment Management Ltd. | 6,202,845 | – | $51.79M | −1,011,904 | 0.35% |
| Marshall Wace, Llp | 6,041,331 | – | $50.45M | +2,584,361 | 0.04% |
| Geode Capital Management, LLC | 5,988,857 | – | $49.75M | +2,439,415 | 0.00% |
| Norges Bank | 5,837,956 | – | $48.75M | New | 0.00% |
| Bnp Paribas Arbitrage, Snc | 5,567,989 | – | $46.49M | +1,366,372 | 0.02% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 309 | 432M | 49 / 118 | 101 / 57 | 97M | 90M |
| Q1 2026 | 320 | 426M | 47 / 115 | 124 / 64 | 94M | 97M |
| Q4 2025 | 342 | 450M | 55 / 124 | 120 / 66 | 98M | 72M |
| Q3 2025 | 361 | 427M | 75 / 91 | 153 / 37 | 57M | 71M |
| Q2 2025 | 327 | 444M | 57 / 114 | 120 / 30 | 58M | 104M |
| Q1 2025 | 306 | 489M | 52 / 111 | 103 / 37 | 77M | 40M |
| Q4 2024 | 298 | 459M | 47 / 89 | 120 / 64 | 67M | 72M |
| Q3 2024 | 317 | 465M | 50 / 117 | 119 / 46 | 143M | 91M |
| Q2 2024 | 316 | 444M | 62 / 108 | 113 / 32 | 92M | 100M |
| Q1 2024 | 290 | 456M | 62 / 109 | 84 / 25 | 89M | 56M |
| Q4 2023 | 254 | 423M | 47 / 79 | 88 / 34 | 100M | 53M |
| Q3 2023 | 244 | 376M | 22 / 95 | 94 / 53 | 47M | 75M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of TME | Value | % of fund | As of |
|---|---|---|---|---|---|
| KraneShares CSI China Internet ETF | 19,929,714 | – | $166.41M | 3.39% | Jun 30, 2026 |
| Vanguard International Growth Fund | 13,581,646 | – | $125.22M | 0.28% | May 31, 2026 |
| Hartford Schroders International Stock Fund | 9,328,631 | – | $88.16M | 0.93% | Jul 31, 2026 |
| Invesco Developing Markets Fund | 8,662,751 | – | $81.86M | 0.93% | Jul 31, 2026 |
| Vanguard Total International Stock Index Fund | 7,394,294 | – | $69.88M | 0.01% | Jul 31, 2026 |
| Vanguard Emerging Markets Stock Index Fund | 7,123,759 | – | $67.32M | 0.04% | Jul 31, 2026 |
| iShares Core MSCI Emerging Markets ETF | 6,409,521 | – | $59.10M | 0.04% | May 31, 2026 |
| MFS International New Discovery Fund | 4,916,472 | – | $41.05M | 0.54% | Jun 30, 2026 |
| Invesco China Technology ETF | 4,402,774 | – | $41.61M | 1.36% | Jul 31, 2026 |
| Allspring Emerging Markets Equity Fund | 2,714,180 | – | $25.65M | 0.66% | Jul 31, 2026 |
| ARGA Emerging Markets Value Fund | 2,436,827 | – | $20.35M | 0.97% | Jun 30, 2026 |
| Fidelity SAI Emerging Markets Value Index Fund | 2,241,383 | – | $21.18M | 0.18% | Jul 31, 2026 |
| Baron Emerging Markets Fund | 2,191,898 | – | $18.30M | 0.46% | Jun 30, 2026 |
| Variable Portfolio - Partners International Core Equity Fund | 1,937,263 | – | $16.18M | 0.85% | Jun 30, 2026 |
| Strategic Advisers Fidelity Emerging Markets Fund | 1,906,600 | – | $17.58M | 0.04% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Kar Shun Cussion Pang | Executive Chairman, Director | 1,519,756 | Mar 18, 2026 |
| Min Hu | Chief Financial Officer, Director | 789,235 | Mar 18, 2026 |
| Zhu Liang | Chief Executive Officer, Director | 274,199 | Mar 18, 2026 |
| Tsai-Chun Pan | Group Vice President | 4,236,706 | Sep 30, 2026 |
| James Gordon Mitchell | Director | 29,456 | Mar 18, 2026 |
| Yau Kee Adrian Mak | Director | 50,133 | Mar 18, 2026 |
| Jeanette Kim Yum Chan | Director | 35,911 | Mar 18, 2026 |
| Wai Yip Tsang | Director | – | Mar 18, 2026 |
| Edith Manling Ngan | Director | 52,494 | Mar 18, 2026 |
| Brent Richard Irvin | Director | 1,400 | Mar 18, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Tsai-Chun Pan Group Vice President | Sep 29, 2026 | Option exercise | +155,320 | $3.86 | $599.54K | 4,236,706 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Zhu Liang Officer, Director | Aug 27, 2025 | 500,000 | $12.61M | Aug 27, 2025 | Employee Stock Option Exercise |
| Tsai-Chun Pan Officer | Aug 18, 2025 | 400,960 | $10.36M | Aug 18, 2025 | Employee Stock Option Exercise |
| Kar Shun Cussion Pang Officer, Director | Aug 15, 2025 | 1,000,000 | $25.42M | Aug 15, 2025 | Employee Stock Option Exercise |
| Tsai-Chun Pan Officer | Jun 26, 2025 | 1,000,000 | $18.85M | Jun 26, 2025 | Employee Stock Option Exercise/Restricted Share Units Vest |
| Min Hu Officer, Director | Jun 16, 2025 | 436,815 | $8.19M | Jun 16, 2025 | Employee Stock Option Exercise/Restricted Share Units Vest |
| Tsai-Chun Pan Officer | Jun 12, 2025 | 1,000,000 | $18.92M | Jun 12, 2025 | Employee Stock Option Exercise/Restricted Share Units Vest |
| Tsai-Chun Pan Officer | Apr 1, 2025 | 1,036,363 | $14.87M | Mar 31, 2025 | Employee Stock Option Exercise |
| Linlin Chen Officer | Jul 11, 2024 | 291,688 | $4.10M | Jun 21, 2024 | Employee Stock Option Exercise |
| Kar Shun Cussion Pang Officer, Director | May 21, 2024 | 500,000 | $7.60M | May 20, 2024 | Employee Stock Option Exercise |
| Tsai-Chun Pan Officer | Mar 29, 2024 | 112,798 | $1.31M | Mar 21, 2024 | Employee Stock Option Exercise |
| Lixue Shi Officer | Jul 21, 2023 | 81,629 | $621.20K | Jun 27, 2023 | Restricted Share Units Vest and Employee Stock Option Exercise |
| Cheuk Tung Tony YIP Affiliate | Jul 12, 2023 | 136,275 | $1.09M | Jun 13, 2023 | Employee Stock Option Exercise |
| Min Hu Affiliate | Jun 27, 2023 | 100,000 | $781.10K | May 25, 2023 | Employee Stock Option Exercise |