In recent years, funds have increasingly become an important means of national financial management. Individual investors have continuously increased their investment in public funds, and many niusan have also made a large-scale layout.
As exchange traded ETF (trading open-end Index Fund), lof (Listed Open-end Fund) and other listed funds disclose the information of the top ten holders in the annual report, recently, with the disclosure of the annual report of the fund, the reporter of the Securities Times found that many individual investors have invested heavily in holding listed funds, and even appear among the top ten holders of listed funds.
22 niusan holding funds
all exceeding 100 million yuan
The data show that among the top ten holders of listed funds, 247 individual investors hold more than 10 million yuan, becoming the bull powder in the fund market. Among them, 22 held more than 100 million yuan of fund market value at the end of 2021, becoming a veritable “fund” holder of 100 million yuan.
Qian Zhongming, Shao Changhong, Yang Kai, Gao Derong, Cheng rucui and Yu Zigui held more than 10 listed funds, of which Qian Zhongming held the largest number of listed funds, with a total of 84 listed funds.
Wang Qunhang, director and deputy general manager of Baijia fund, told reporters that this situation is an inevitable phenomenon after the high-speed, standardized and multi-level development of the market.
The reporter noted that these funds Niu San holds 29 funds with a single fund amount of more than 50 million yuan, covering conceptual themes such as securities, semiconductors, smart cars and gold, as well as broad-based index funds such as Hang Seng technology, S & P 500, Nasdaq 100 and gem.
Wang Qun hang said that under the background of the issuance registration system in the stock market, the structural market characteristics are becoming more and more obvious, and matching product forms are needed to deal with it. One of the typical advantages of investment funds, whether they take the off-site channel or the on-site channel, is “unparalleled and good liquidity”. Without impacting the cost, they can realize the transaction immediately, which is the favorite of all large funds. Based on the above background, as some individual investors with high professional investment base literacy and strong financial strength, it is very reasonable to buy funds with different styles and themes.
From the fund types bought by niusan heavy positions, most of them are equity funds, followed by monetary funds.
For example, the 2021 annual report of Tianhong Yubao, which has a scale of nearly 750 billion, shows that the top ten holders of the monetary fund are individuals, and the Jimin who buys the most bought 222 million yuan. The latest 7-day annualized yield of Tianhong Yubao is 2.03%, which can be said to earn 12000 yuan a day. In addition, more than 10 people, including Li Wei, Li Suzhen, Gu Wuxi, Gu Jiahao and Yang Zhenxiu, also spent more than 10 million to buy the monetary fund, mainly including Zhongrong Riying a, e-fund margin a, Dacheng Tianyi e, Penghua Tianli B, harvest express h, investment margin express a, etc. Data show that the seven-day annualized yield of the above monetary funds is generally between 1.8% – 2.5%.
Daniel invested 84 funds
With the increasing number and types of funds, the funders also began to allocate assets by purchasing multiple funds. Among the above-mentioned many jijinniusan, there is a big niusan holding 84 funds.
According to statistics, a large investor named Qian Zhongming appeared in the list of top 10 holders of 35 ETFs and 49 lofs. By the end of 2021, the total market value of the above 84 funds held by Qian Zhongming was nearly 140 million yuan, and the market value of a single fund was tens of thousands of yuan or tens of millions of yuan.
Specifically, Qian Zhongming has a special liking for gem funds and science and Innovation Board funds. By the end of 2021, the funds with the largest market value were the two-year fixed opening of Wanjia science and innovation board, the two-year fixed opening of Huaxia gem and the two-year fixed opening of Wanjia gem, with the market value of positions reaching 168936 million yuan, 15.466 million yuan and 119702 million yuan respectively. In addition, he also holds a number of similar products such as e-square Dake innovation board, Fuguo innovation board and Dacheng gem.
At the same time, Qian Zhongming’s ETF positions are also very scattered. Among the 35 ETFs, there are not only broad-based ETFs such as CSI 300 ETF and CSI 500 ETFs, but also ETFs in subdivided industries such as financial real estate ETF and entertainment media ETF, and even smart beta products such as low volatility ETF and high dividend ETF.
There are many “wide spread” fundamentalists like Qian Zhongming. By the end of 2021, six fund niusan also appeared in the list of the top ten holders of more than 15 listed funds. In addition, according to the 2020 national survey report on investors of public funds issued by China Fund Industry Association, 10.8% of investors hold more than 15 funds, of which 5.6% hold more than 20.
Insiders said that compared with a single stock and single target, fund products have been diversified and portfolio investment. Although “don’t put eggs in the same basket” is advocated, too scattered will also reduce volatility and make earnings mediocre.
shareholders of listed companies
become “local tyrants and civilians”
At the same time, there are also some “local tyrants and citizens” with amazing market value in the list of the top ten holders of listed funds. According to statistics, by the end of 2021, 22 investors held funds with a market value of more than 100 million yuan, of which the most one was as high as 700 million yuan.
The “local tyrant Jimin” who bought a fund of 700 million yuan is Tu Jianhua. By the end of 2021, he had appeared in the list of the top ten holders of Hony faraway state securities private enterprises leading 100ETF and Hony faraway state securities consumption 100ETF. The market value of his position was 705 million yuan and 900000 yuan respectively, with a total holding of about 705.6 million yuan. Among them, Hony faraway state securities private enterprises led 100ETF, with a scale of 708 million yuan at the end of last year, while Tu Jianhua’s holding proportion reached 99.51%.
However, it is worth noting that Tu Jianhua did not directly buy 100ETF of state securities private enterprises with cash, but traded his Glodon Company Limited(002410) shares. According to public information, Tu Jianhua is one of the founders of Glodon Company Limited(002410) and also serves as the director and technical director of the company. When Glodon Company Limited(002410) was listed in 2010, Tu Jianhua actually held 15% of the shares of the company and was the second largest shareholder of the company at that time. Subsequently, from 2016 to 2021, Glodon Company Limited(002410) share price entered a stage of rapid rise, with an increase of more than 800%. Tu Jianhua also continued to reduce his holdings and cash in his earnings during this period.
However, due to the possible impact of large-scale reduction on the stock price and other reasons, the practice of disguised reduction by shareholders of listed companies by exchanging ETF in 2019 is all the rage. In July 2019, Glodon Company Limited(002410) issued an announcement that Tu Jianhua, a shareholder holding more than 5% of the company’s shares, intended to participate in the subscription of Hony remote private enterprise leading 100ETF shares with the company’s shares, and exchanged 11.27 million Glodon Company Limited(002410) shares for about 370 million fund shares of Hony remote private enterprise leading 100ETF.
However, in October 2019, the regulatory authorities regulated similar over proportion swap. Since then, Tu Jianhua mostly reduced his holdings through centralized bidding transactions. By the end of 2021, he held only 3.72% of Glodon Company Limited(002410) the shares.
However, Tu Jianhua is ahead of 100ETF in Hony faraway state securities private enterprises, and also makes a lot of profits. As of April 1, 2020, Hony faraway state securities private enterprises took the lead in 100ETF. Since its establishment, the net value has increased by 54.21%. If Tu Jianhua still holds it at this time, its floating profit will exceed 200 million yuan.
