NYSE · Consumer Discretionary

TENCENT MUSIC ENTMT GROUP TME

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People’s Republic of China.

Broadcasting

Company profile

Business mix

  • It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways.
  • The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live.
  • In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories.
  • The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Current key questions

  • Can broadband, mobile, video, and enterprise connectivity demand support subscriber growth, ARPU, and lower churn?
  • How do network investment, fiber capacity, spectrum, competition, regulation, and currency exposure affect free cash flow?
  • Does leverage, asset sales, M&A discipline, or market consolidation improve long-term per-share value?
Holders 1 Current sample portfolio
Public mentions 0 Videos / interviews / letters
Valuation snapshot
PE 11.01 FCF 10.06% Buyback 0.32%
2026-06-07

Current firm holders

Firm Weight Value Filing period
Himalaya Capital Li Lu 1.9% $61.2M 2026-03-31

Recent trading changes over the last 4 quarters

Net buyers 2 Last 4 13F filing periods
Net reducers 1 Last 4 13F filing periods
Unchanged holders 0 Share count unchanged
Increase amount $97.4M Estimated from net added shares
Reduction amount $96.9M Estimated from net reduced shares
Net share change / base shares -8.8% -1,781,543 / 20,176,398
Himalaya Capital Li Lu 1 filing periods
13F 2026-03-31 Filed 2026-05-15
New Shares - 13F value change +$61.2M
Settlement As of 13F 2026-03-31 · Filed 2026-05-15
Base shares 0 Last 4 periods +6,590,836 (New) Total shares 6,590,836 Value $61.2M
Baillie Gifford legacy James Anderson 4 filing periods
13F 2025-06-30 Filed 2025-08-06
Major reduction Shares -16.7% 13F value change +$36.9M
13F 2025-09-30 Filed 2025-10-31
Major reduction Shares -22.6% 13F value change -$24.1M
13F 2025-12-31 Filed 2026-01-23
Minor increase Shares 0.3% 13F value change -$75.0M
13F 2026-03-31 Filed 2026-05-08
Major reduction Shares -25.4% 13F value change -$138.3M
Settlement As of 13F 2026-03-31 · Filed 2026-05-08
Base shares 20,176,398 Last 4 periods -10,440,484 (-51.7%) Total shares 9,735,914 Value $90.3M
Baron Capital Ron Baron 4 filing periods
13F 2025-03-31 Filed 2025-05-15
New Shares - 13F value change +$45.0M
13F 2025-06-30 Filed 2025-08-14
Major reduction Shares -30.6% 13F value change -$2.7M
13F 2025-09-30 Filed 2025-11-14
Major reduction Shares -15.2% 13F value change +$631,574
13F 2025-12-31 Filed 2026-02-17
Minor increase Shares 12.5% 13F value change -$6.7M
Settlement As of 13F 2025-12-31 · Filed 2026-02-17
Base shares 0 Last 4 periods +2,068,105 (New) Total shares 2,068,105 Value $36.3M

Recent mentions

No public mentions.