Generally speaking, the national team is mainly composed of China Securities Finance Corporation and its top ten asset management plans (securities fund company and securities fund asset management), Central Huijin Asset Management Co., Ltd. (Huijin asset management), social security fund and pension.
According to the statistics of securities times · data treasure, as of the end of the first quarter, the “top ten circulating shareholders” of 888 companies had the above four types of funds, excluding the seven financial stocks held by Central Huijin Investment Co., Ltd. as a major shareholder or controlling shareholder. The total market value of the above four funds exceeded trillion, which was basically the same as that at the end of last year, with only a slight decrease the “national team’s first quarter clearance reduction” previously rumored in the market failed to break through. It should be pointed out that the above stock holding value only counts the top ten circulating shareholders of individual stocks, including some companies that fall out of the top ten shareholders, and the market value of the national team’s positions may be higher.
Huijin’s position in the first quarter was generally stable
As the main force of the national team, Central Huijin Asset Management Co., Ltd. (Huijin asset management) and Central Huijin Investment Co., Ltd. (Huijin Investment) appeared in the list of top 10 circulating shareholders of 207 companies at the end of the first quarter of 2022, with a total market value of 1.89 trillion. It should be noted that as the controlling shareholder or major shareholder, Central Huijin Investment Co., Ltd. holds four major state-owned banks and New China Life Insurance Company Ltd(601336) , Shenwan Hongyuan Group Co.Ltd(000166) , China Securities Co.Ltd(601066) . If these seven financial stocks are excluded, the stock market value of Huijin will drop to 173811 billion yuan.
only from the top ten circulating shareholders, compared with last year’s annual report, Huijin withdrew from the top ten circulating shareholders of 13 companies and entered the top ten circulating shareholders of 13 companies. However, this does not indicate whether Huijin increased or decreased its holdings in the above companies, which may be caused by the change of the access threshold of the top ten circulating shareholders for example, the quarterly report of Guoyuan Securities Company Limited(000728) shows that Huijin withdrew from its top ten circulating shareholders. At the end of last year, Huijin held 67.98 million shares, and the threshold for the top ten circulating shareholders of Guoyuan Securities Company Limited(000728) quarterly report is 71.23 million shares. Therefore, Huijin may be squeezed out of the top ten circulating shareholders, which is not a real reduction. For another example, the quarterly report of Inner Mongolia Mengdian Huaneng Thermal Power Corporation Limited(600863) I shows that Huijin has newly acquired 41.64 million shares. In fact, Huijin already held 42.5 million shares in the third quarterly report of last year, so Huijin has reduced its holdings slightly during this period.
According to comparable data (i.e. 189 shares of Huijin can be seen from the top ten circulating shareholders in the first quarterly report and last year’s annual report), most of Huijin’s holdings have not changed, and 4 additional shares can be seen, including Citic Securities Company Limited(600030) , Shanghai Zhangjiang Hi-Tech Park Development Co.Ltd(600895) , Petrochina Company Limited(601857) , People.Cn Co.Ltd(603000) , 26.75 million shares, 2.86 million shares, 270000 shares and 220000 shares respectively; Only 2 shares were reduced, namely Insigma Technology Co.Ltd(600797) and Beijing Teamsun Technology Co.Ltd(600410) , 200000 shares and 210000 shares were reduced, and one of the other 182 shares remained unchanged
Overall, Huijin’s shareholding in the first quarter was basically unchanged except for a substantial increase in Citic Securities Company Limited(600030) shares.
certificates decreased slightly in the first quarter
New warehouse
China Securities Finance Corporation (CSFC) was established in October 2011. In 2015, the market went down rapidly and participated in the rescue of the market. At the same time, it established ten major CSFC asset management plans, which played a significant role in the stable operation of the market.
according to the statistics of data treasure, by the end of the first quarter of 2022, CSDCC had appeared in the list of the top ten circulating shareholders of 161 shares, with a total market value of 545067 billion yuan compared with the end of last year, csdct withdrew from the top ten circulating shareholders of five companies. SFAM appeared in the list of the top 10 circulating shareholders of 108 shares, with a total shareholding of 118.09 billion yuan. Compared with the end of last year, the top 10 shareholders of 16 shares were temporarily unable to see the figure of securities financial asset management, which may also be due to being squeezed out.
In the first quarter of the first quarter of the first quarter, the gold company didn’t add positions to any stock in the first quarter. Instead of adding positions to any stock in the first quarter, it took six shares (comparable data), including ‘ Tsingtao Brewery Company Limited(600600) 600 \ \10000shares.
the number of new (or re-enter) top ten circulating shareholders of securities and asset management in the first quarter was 4, namely China Energy Engineering Corporation Limited(601868) , Better Life Commercial Chain Share Co.Ltd(002251) , Shanghai Shimao Co.Ltd(600823) , Chinese Universe Publishing And Media Group Co.Ltd(600373) . China Energy Engineering Corporation Limited(601868) is the new share listed in September last year, so SFC asset management has a new position in this share. The “Boshi CSI financial asset management plan” under SFC has a new position of 39000 shares in the first quarter of this year, which is the seventh largest shareholder of China Energy Engineering Corporation Limited(601868) with a market value of 95.14 million yuan at the end of the period; The last three shares and the previous top ten circulating shareholders all have the presence of securities financial asset management; Six out of the top ten circulating shareholders based on comparable data (excluding the changes caused by the access threshold of the top ten circulating shareholders), 2 shares were clearly increased. In addition to China Energy Engineering Corporation Limited(601868) above, Citic Securities Company Limited(600030) were increased by 107 million shares. It is noteworthy that Citic Securities Company Limited(600030) carried out share allotment financing on January 14 this year, with a share allotment ratio of 10 to 1.5 shares, and the positions of Huijin and securities capital management were exactly 15%, that is to say, the two national teams participated in the share allotment financing of Citic Securities Company Limited(600030) in the first quarter, resulting in an increase in their shareholding.
23 securities asset management companies have clearly reduced their positions, Sinopec Shanghai Petrochemical Company Limited(600688) has reduced its holdings of more than 21.3 million shares, and GF, Dacheng, Boshi and e fund asset management companies have reduced their holdings Sichuan Road & Bridge Co.Ltd(600039) reduced its holdings of more than 9 million shares, and the positions of Huaxia and harvest securities asset management were reduced Minmetals Development Co.Ltd(600058) , Jiangsu Yueda Investment Co.Ltd(600805) etc. were reduced by more than 4 million shares.
On the whole, except for adding positions to a few stocks, the securities and fund companies and securities and fund asset management mainly reduce their holdings, but the reduction range is small and remains stable as a whole.
12 shares for four consecutive quarters
obtained additional positions from Social Security Fund
according to the statistics of data treasure, as of the end of the first quarter, there were 490 shares of Social Security Fund (excluding the Social Security Council) in the list of the top ten circulating shareholders, with a total holding market value of 159.8 billion yuan and a holding market value of more than 30 shares of more than 1 billion yuan.
the top 20 positions of social security fund were shuffled compared with the end of last year. Zijin Mining Group Company Limited(601899) , with a market value of nearly 4 billion, ranked first in succession; China Jushi Co.Ltd(600176) , ranking second, has a market value of 2.3 billion, up 6 places from last year Goertek Inc(002241) , Jiangsu Yangnong Chemical Co.Ltd(600486) , Ginlong Technologies Co.Ltd(300763) and other positions were significantly higher than at the end of last year.
The social security fund reduced its position by 135 shares in the first quarter, with a large number of mechanical equipment and electronic shares; Those with higher reduction range include Hangzhou Honghua Digital Technology Stock Company Ltd(688789) , Moon Environment Technology Co.Ltd(000811) , Guangdong Hoshion Aluminium Co.Ltd(002824) , etc.
social security fund has newly become the top ten circulating shareholders of Tongwei Co.Ltd(600438) , Hangzhou Silan Microelectronics Co.Ltd(600460) , China Mobile and so on. More than 140 shares have been added , mainly in medicine, biology, electronics, basic chemical industry and other industries, and Shanghai Microport Endovascular Medtech (Group) Co.Ltd(688016) , Hangzhou Oxygen Plant Group Co.Ltd(002430) , Hangzhou Great Star Industrial Co.Ltd(002444) , etc.
Among the overweight stocks, 12 companies have received social security overweight for four consecutive quarters, and 4 stocks belong to the pharmaceutical and biological industry. Compared with four quarters ago, the positions of Fibocom Wireless Inc(300638) , Shanghai Microport Endovascular Medtech (Group) Co.Ltd(688016) , Zhejiang Dahua Technology Co.Ltd(002236) and Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) , Jiangsu Yuyue Medical Equipment And Supply Co.Ltd(002223) were increased by more than 4 percentage points and 1 percentage point respectively.
basic chemical, automobile and other industries
get intensive pension positions
Compared with the above three national teams, pension investment in the stock market is the latest and the volume is the smallest . By the end of the first quarter of 2022, the pension fund had appeared as the top ten circulating shareholders of 139 shares, with a total market value of 20.488 billion yuan. Basically the same as the social security preference, pension positions are mainly concentrated in the pharmaceutical, biological, electronic and power equipment industries
The top three positions in market value are Zhejiang Chint Electrics Co.Ltd(601877) , Humanwell Healthcare (Group) Co.Ltd(600079) , Focus Media Information Technology Co.Ltd(002027) . Compared with the end of last year, 33 pension stocks were increased and decreased respectively in the first quarter of this year. The increased stocks were concentrated in basic chemical industry, automobile and other industries, Ningbo Deye Technology Co.Ltd(605117) , Zhiyang Innovation Technology Co.Ltd(688191) , Zhejiang Hailide New Material Co.Ltd(002206) , etc; New pension has become the top ten circulating shareholders of Dook Media Group Limited(301025) and other shares; Those with significant position reduction include Guangdong Piano Customized Furniture Co.Ltd(002853) , Guangdong Lingxiao Pump Industry Co.Ltd(002884) , Anhui Korrun Co.Ltd(300577) , etc.
