Netease.com: Major Funds Supporting Shares in Quarterly Release
Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of Netease.com Inc. (NASDAQ:NTES).
SEC data indicate that these institutions significantly increased their stock shares of Netease.com Inc. in Q3 2011:
RCM CAPITAL MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,005,155 shares, worth $38,356,715.
MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 928,097 shares, worth $35,416,182.
INVESTEC ASSET MANAGEMENT LTD: On 06/30/2011, held 0 shares. On 09/30/2011, held 771,365 shares, worth $29,435,288.
HENDERSON GROUP PLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 643,594 shares, worth $24,559,547.
COLUMBIA WANGER ASSET MANAGEMENT LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 592,000 shares, worth $22,590,720.
About the company: NetEase.com Inc. is an Internet technology company that develops applications, services and other Internet technologies in China. The Company provides online gaming services thatinclude in-house developed massively multi-player online role-playing games and licensed titles. NetEase also provides free email and various channels of content, online advertising, search and community services.
Competitors to Watch: Sohu.com Inc. (NASDAQ:SOHU), Baidu.com, Inc. (NASDAQ:BIDU), SINA Corporation (NASDAQ:SINA), Giant Interactive Group Inc (NYSE:GA), Perfect World Co., Ltd. (NASDAQ:PWRD), Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA), The9 Limited (NASDAQ:NCTY), Shanda Games Limited (NASDAQ:GAME), and China Telecom Corp. Ltd. (NYSE:CHA).
(Note: Data regarding Netease.com Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)
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