In the first quarter, the A-share market experienced ups and downs, the market style changed rapidly, and the core blue chip, new energy, medicine and other popular track stocks fell in turns. The infrastructure and real estate sectors representing steady growth rose against the trend. How to adjust the stock exchange of the heavily held public funds in the market transformation, and which stocks obtained the contrarian layout, attracted much market attention.
As of April 23, the disclosure of the first quarterly report of public funds has also revealed the full picture of the investment of active equity funds.
According to the data of Tianxiang investment consultant, Contemporary Amperex Technology Co.Limited(300750) surpassed Kweichow Moutai Co.Ltd(600519) again with a slight advantage of 812 million yuan, and topped the number one heavy position stock of public funds in the first quarter. This is also the second time that Contemporary Amperex Technology Co.Limited(300750) has ascended the "throne" of the number one heavy position stock of public funds since the third quarter of last year.
The top 50 heavyweight stocks reflect the core allocation of public funds, and the increase in the top 50 heavyweight stocks can better reflect the latest preference of public funds. According to the latest data, medicine, breeding with reversal of difficulties, real estate sector representing steady growth and some resource stocks gained more holdings, Chongqing Zhifei Biological Products Co.Ltd(300122) , Muyuan Foods Co.Ltd(002714) , Poly Developments And Holdings Group Co.Ltd(600048) were the top three heavyweight stocks of public funds in the first quarter.
Heavy stock
China Merchants Bank Co.Ltd(600036) , Poly Developments And Holdings Group Co.Ltd(600048) new top ten positions
"Ning index" and "Mao portfolio" are the two main investment lines most concerned by the market in the past year, and they are also the focus of the heavy position layout of public funds. The number one heavy position stocks of public funds also alternate repeatedly among Kweichow Moutai Co.Ltd(600519) , Contemporary Amperex Technology Co.Limited(300750) two leading stocks.
In the fourth quarter of last year, Kweichow Moutai Co.Ltd(600519) just surpassed Contemporary Amperex Technology Co.Limited(300750) and regained the position of the largest heavy position of public funds. In the first quarter of this year, Contemporary Amperex Technology Co.Limited(300750) again achieved anti overtaking with a weak advantage of 800 million yuan.
According to the statistics of Tianxiang investment consulting, by the end of the first quarter, of the 4463 actively investing partial equity funds included in the statistics, 1485 funds held Contemporary Amperex Technology Co.Limited(300750) , an increase of 188 compared with the fourth quarter of last year, holding a total of 215441300 shares, with a market value of 110371 billion yuan. Contemporary Amperex Technology Co.Limited(300750) is also the largest stock of active equity funds in the first quarter.
Huitianfu, Huaxia, harvest, Fuguo and Yinhua funds are the five fund companies holding the largest number of Contemporary Amperex Technology Co.Limited(300750) shares, with market value of positions of 7.315 billion yuan, 6.417 billion yuan, 5.874 billion yuan, 5.743 billion yuan and 5.158 billion yuan respectively Contemporary Amperex Technology Co.Limited(300750) is also the "good heart" of many star managers. The theme of ABC Huili new energy managed by Zhao Yi, the former star fund manager, Fuguo Tianhui managed by Zhu Shaoxing, huitianfu consumer industry managed by Hu Xinwei, Qianhai Kaiyuan public utility managed by Cui Chenlong, Central Europe alpha managed by Ge Lan and other funds hold Contemporary Amperex Technology Co.Limited(300750) market value of more than 1 billion.
Kweichow Moutai Co.Ltd(600519) also obtained 1427 equity funds with heavy positions in the first quarter, with a total holding market value of 109559 billion yuan, second only to Contemporary Amperex Technology Co.Limited(300750) .
The past ten big heavy positions were distributed in the new energy, information technology, Baijiu, medicine, banking and real estate sectors all listed. Wuxi Apptec Co.Ltd(603259) replaced Wuliangye Yibin Co.Ltd(000858) and promoted the third largest heavy position stocks of the active equity fund. In the first quarter, 636 equity funds held Wuxi Apptec Co.Ltd(603259) , which was not much different from that of the previous quarter. However, the number of Wuliangye Yibin Co.Ltd(000858) holdings decreased from 634 to 448, and was relegated to sixth major positions.
China Merchants Bank Co.Ltd(600036) , Poly Developments And Holdings Group Co.Ltd(600048) were among the top ten heavy positions of new funds in the first quarter. According to the data of Tianxiang investment consulting, there were 631 active equity funds holding China Merchants Bank Co.Ltd(600036) at the end of the first quarter, an increase of 22 compared with the previous quarter, and the market value of positions reached 30.125 billion yuan at the end of the first quarter. There were 570 active equity funds holding Poly Developments And Holdings Group Co.Ltd(600048) at the end of the first quarter, an increase of 238 compared with the end of the fourth quarter. The market value of positions at the end of the first quarter was 26.824 billion yuan.
In contrast, China stock market news and Luxshare Precision Industry Co.Ltd(002475) withdrew from the top ten heavy positions of public funds in the first quarter. Affected by the sharp decline in the market, fund sales were cold. China stock market news, known as "bond Mao", had an operating revenue of 3.196 billion yuan in the first quarter of this year, a year-on-year increase of 10.61%; The net profit was 2.171 billion yuan, a year-on-year increase of 13.63%. The year-on-year growth rate of net profit excluding non recurring profits and losses was only 5.34%, which handed over the "answer sheet" of the worst quarterly report in recent five years. The share price fell sharply by 31.72% in the first quarter. The number of funds held by public funds in China stock market news fell from 739 at the end of the fourth quarter to 470 in the first quarter, and the stock market value fell from 35.621 billion yuan to less than 18 billion yuan; Affected by the epidemic, the supply chain and the consumer electronics sector performed poorly in the first quarter. The share price of the leading company Luxshare Precision Industry Co.Ltd(002475) plunged 35.57% in the first quarter, and the number of Luxshare Precision Industry Co.Ltd(002475) held fell from more than 500 to less than 380. The overall data disclosed in the first quarter also reflected, to a certain extent, that institutions began to focus on the style of undervaluation and avoid the industry sector with poor performance.
Chongqing Zhifei Biological Products Co.Ltd(300122) largest increase in shareholding
stocked breeding, real estate and other sectors
Compared with the top 50 heavyweight stocks, the increase and decrease of individual stocks can better reflect the views of public funds on the future market.
According to the statistics of Tianxiang investment consulting, the vaccine leading stocks, the dilemma reversal concept represented by breeding, the steady growth sector represented by real estate, the resource sector of income inflation and the undervalued blue chips of some telecom sectors were most favored by public funds in the first quarter.
Among them, the increase of Chongqing Zhifei Biological Products Co.Ltd(300122) by public funds is the most obvious, with a total market value of more than 8.5 billion yuan, ranking first in the list of increase of public funds, and the shareholding ratio also increased from 7.34% at the end of the fourth quarter to 13.34%.
Some pharmaceutical funds began to increase their positions Chongqing Zhifei Biological Products Co.Ltd(300122) in the first quarter, China Europe medical and health managed by Glenn increased their positions Chongqing Zhifei Biological Products Co.Ltd(300122) 150042 million shares in the first quarter, and Chongqing Zhifei Biological Products Co.Ltd(300122) was promoted from the 11th largest heavyweight share of China Europe medical and health at the end of the fourth quarter to the 10th largest heavyweight share. Some active equity funds of the whole industry are also increasing their positions Chongqing Zhifei Biological Products Co.Ltd(300122) , including Dongfanghong Qiheng managed by Zhang Feng, general manager of Dongfanghong asset management, Jingshun Great Wall prosperity and enterprising managed by Li Jin, and Fuguo innovation trend managed by Li Yuanbo. In the first quarter, they increased their positions Chongqing Zhifei Biological Products Co.Ltd(300122) by more than 1 million shares.
From the stock price trend, Chongqing Zhifei Biological Products Co.Ltd(300122) bucked the trend and rose 10.75% in the first quarter, but it has fallen by more than 25% since April.
The breeding sector was also highly concerned by public funds in the first quarter, and Muyuan Foods Co.Ltd(002714) , Wens Foodstuff Group Co.Ltd(300498) two leading stocks were both promoted to the list of top 10 holdings of public funds in the first quarter.
Several funds under China Europe Fund, including China Europe times pioneer, China Europe new blue chip and China Europe new trend, bought Muyuan Foods Co.Ltd(002714) . Zhou Weiwen, the fund manager, said in the first quarterly report of China Europe times pioneer that he was optimistic about the investment logic of the industry with dilemma reversal, "The share prices of these industries are low and there is uncertainty in their short-term operation. However, from the perspective of about two years, the probability of operation will return to normal, even much better than the boom years in history. The representative industries include breeding, catering and tourism. We will dynamically adjust the proportion of sector allocation according to the future profit growth rate and valuation of relevant industries."
Poly Developments And Holdings Group Co.Ltd(600048) in the real estate sector became one of the top three stocks of public funds to increase their holdings in the first quarter. Since the fourth quarter of last year, public funds have increased their holdings of Poly Developments And Holdings Group Co.Ltd(600048) . By the end of the first quarter, a total of 570 active equity funds held Poly Developments And Holdings Group Co.Ltd(600048) , with a total stock market value of 26.824 billion yuan. Compared with the end of the third quarter, the number of funds held has increased by 316, and the market value of their holdings has increased by more than 90%.
In addition, Wuxi Apptec Co.Ltd(603259) , the leader of CXO, and Zijin Mining Group Company Limited(601899) in the resource sector are also in the list of the top five stocks increased by public funds.
\u3000\u3000 Wuliangye Yibin Co.Ltd(000858) Luxshare Precision Industry Co.Ltd(002475) 、 China Stock Market News
ranked among the top three equity fund holdings
Some early heavy position stocks affected by the epidemic or fundamentals in the first quarterly report were "voted with their feet" by public funds.
According to the data of Tianxiang investment consulting, from the perspective of holding market value, Wuliangye Yibin Co.Ltd(000858) , Luxshare Precision Industry Co.Ltd(002475) , China stock market news ranked among the top three active equity fund holdings, with holding market values falling by 22.298 billion yuan, 20.294 billion yuan and 16.535 billion yuan respectively. The decline in the market value of holdings was not only affected by the decline in share prices, but also by the funds selling stop losses in the decline. In terms of the number of holdings, equity funds reduced their holdings of 220 million shares of China stock market news in the first quarter, second only to Focus Media Information Technology Co.Ltd(002027) and more than 140 million shares in the first quarter.
However, some of the heavily loaded stocks were "bought and sold" by the public fund, mainly concentrated in new energy and Baijiu sectors.
From a quarterly data, including the new energy sector Contemporary Amperex Technology Co.Limited(300750) , Longi Green Energy Technology Co.Ltd(601012) , medical devices Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , Baijiu liquor sector Kweichow Moutai Co.Ltd(600519) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , Jiangsu Yanghe Brewery Joint-Stock Co.Ltd(002304) , including a few stocks, although the first quarter decline is over 10%, the total shareholding market value also declined relative to the four quarter, but the total number of shares raised by the public fund are increasing, and the trend is increased. Among them, the increased holdings of Contemporary Amperex Technology Co.Limited(300750) Longi Green Energy Technology Co.Ltd(601012) Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) reached 18821718821780; respectively reached 188217217 217217 81; 188217217 217217 217217 217217 217217 217217 217217 217217 217217 217 2, 80;
manufacturing industry is still the most popular public offering
mining industry and real estate industry increased their holdings greatly
The overall industry allocation of public funds is relatively stable, with little change compared with the fourth quarter of last year.
The manufacturing industry is still the most favored by public funds. According to Tianxiang investment consulting data, the market value of the manufacturing industry held by equity funds exceeded 2.76 trillion yuan, accounting for 48.87% of the net value, ranking first. However, affected by the market decline, the market value of the manufacturing industry decreased by 791452 billion yuan, and the proportion of the net value also decreased by 3.44 percentage points.
The market value of equity funds in the financial industry, information transmission, software and information technology service industry reached 195.48 billion yuan and 166816 billion yuan respectively, accounting for 3.46% and 2.95% of the net value respectively, ranking second and third in the allocation of public funds industry.
In the first quarter, the equity fund increased its positions in mining, real estate, agriculture, forestry, animal husbandry and fishery, accounting for 0.99%, 0.44% and 0.36% of the net value respectively. In addition, it also increased its holdings in seven industries such as scientific research and technical services, transportation, warehousing and postal services, and financial industry. Cultural, sports and entertainment industries, information transmission, software and information technology services and manufacturing industries were reduced.
At the same time, the industry concentration of the top three public offering positions in the first quarter was 55.28%, down 3.59 percentage points from 58.87% at the end of the fourth quarter, and the industry concentration decreased.
