Liu Junling, a reporter from the Securities Times
Social security fund as a value investorHoldemtournamentIts position trend is widely concerned by the majority of investors. With the disclosure of quarterly reports one after another, the latest heavy stocks of the Social Security Fund have also surfaced.
According to data Bao of the Securities Times, as of April 28th, the social security fund had appeared on the list of the top 10 tradable shareholders of 468 listed companies, with a total market value of 1222.Holdemtournament.24 billion yuan.
18 shares received more than 1 billion yuan from the social security fund.
From the market value of the position, 18 shares were heavily held by the Social Security Fund, and the market value of the shares reached more than 1 billion yuan. Hualu Hengsheng (600426), Yunshan Aluminum (000807) and Shandong Gold (600547) ranked first, respectively.Holdemtournament99 million yuan, 2.152 billion yuan, 1.863 billion yuan.
Hualu Hengsheng's first quarterly report showed that the company's shares were heavily held by four social security funds, of which the 106 portfolio of the National Social Security Fund and the 103 portfolio of the National Social Security Fund increased the company's stock holdings in the first quarter. The company's performance increased significantly in the first quarter, with operating income of 7.978 billion yuan, an increase of 31.8% over the same period last year, and a net profit of 1.065 billion yuan, an increase of 36.3% over the same period last year.
The quarterly report of Yunnan Aluminum shares shows that the 118 combination of the National Social Security Fund is the fourth largest tradable shareholder of the company. The company issued a cash dividend plan for the 2023 annual report, which intends to distribute a cash dividend of 2.30 yuan (including tax) to all shareholders for every 10 shares, with a total cash dividend of 798 million yuan, which is also the highest cash dividend since the company went public, an increase of more than 40 percent over the 2022 annual report.
The top stocks held by the social security fund in the stock market are mostly cyclical stocks, including basic chemical stocks such as Hualu Hengsheng and Wanhua Chemical (600309), and non-ferrous metal stocks such as Yunnan Aluminum shares, Shandong Gold and Shenhuo shares (000933). Cyclical stocks are generally characterized by low valuations and high dividends, and are favored by value investors such as social security funds, such as Shenhuo shares and New Austria shares (600803). The latest rolling price-to-earnings ratio of Guanghui Energy (600256) and China Shenhua (601088) exceeded 5% at the end of 2023.
In some companies, the social security fund has maintained a high proportion of positions. According to Databao statistics, among the stocks with a market capitalization of more than 1 billion yuan held by the social security fund, 3 stocks account for more than 10% of the outstanding shares.HoldemtournamentI Wushi (300357), Biyin Lefen (002832), Filihua (300395).
16 shares held by the social security fund doubled month-on-month
Compared with the annual report, among the heavy stocks of the social security fund in the first quarterly report, 149 shares were increased by the social security fund, and 120 shares were newly placed by the social security fund, accounting for 57.48%. From the point of view of the month-on-month change in the market value of shareholdings, Guobao Pet, Fengmao shares and Feng