Events
According to the disclosure rules, the information of the top ten heavy positions of public funds should be disclosed within 15 days after the end of each quarter. The top ten heavy positions of public funds in 2021q4 have been fully disclosed. This analysis is mainly based on the top ten heavy positions of chemical industry (basic chemical industry and Petrochemical Industry).
Change of position in the sector
In terms of basic chemical sector, the overall allocation proportion of basic chemical stocks of public funds has gradually rebounded since 2020q2, and fell in Q4 after reaching the peak in 2021q3. The stock market value of basic chemical stocks held by public funds accounted for 3.09% of the allocation proportion of heavy positions, with a chain comparison of -3.64pcts; 2021q4 basic chemical stocks accounted for 5.87% of the market value of a shares, with a chain comparison of + 0.15pcts.
In the petrochemical sector, the overall allocation proportion of petrochemical stocks of public funds has increased significantly since Q3 2020, and fell in Q4 2021. The petrochemical stock market value held by public funds accounted for 0.55% of its heavy position shareholding allocation, with a month on month ratio of -0.97pcts; 2021q4 Petrochemical stocks accounted for 2.65% of the market value of a shares, with a month on month ratio of -0.49pcts.
In terms of the number of chemical stocks held by CITIC industry, the basic chemical stocks have increased steadily since 2019q3. A total of 143 basic chemical stocks have fund positions in 2021q4. However, unlike the trend of double increase in shareholding ratio and shareholding number in 2016, the shareholding ratio has decreased significantly in Q4 in 21 with the further increase in shareholding number month on month, indicating the further decentralization of institutional positions. Petrochemical stocks remained stable, with 20 stocks holding fund positions in 2021q4.
Analysis of individual stock changes
After summing up the market value of all heavily held stocks and funds, we get the top 50 heavily held stocks of 2021q4 research funds, of which Yunnan Energy New Material Co.Ltd(002812) , Wanhua Chemical Group Co.Ltd(600309) , Rongsheng Petro Chemical Co.Ltd(002493) , Guangzhou Tinci Materials Technology Co.Ltd(002709) , Qinghai Salt Lake Industry Co.Ltd(000792) ranks the top 5.
Among the top 50 heavyweight stocks held by funds in the chemical industry, Yunnan Energy New Material Co.Ltd(002812) , Wanhua Chemical Group Co.Ltd(600309) , Guangzhou Tinci Materials Technology Co.Ltd(002709) ranked among the top three. In the ranking of the shares held by a mutual fund, among the ranking of the shares held by a raised fund, the Rongsheng Petro Chemical Co.Ltd(002493) {{002493 {{ Lb Group Co.Ltd(002601) {{002601601} {{002601601} {{00249493} {002002493} {002002493 { Rongsheng Petro Chemical Co.Ltd(002493) {002002493 {{{{00249601050505058} {{60160105058 8 8} {{00068000683} {{00068000683} {{{{{{{{{{{{ Guanghui Energy Co.Ltd(600256) {{{{ Guanghui Energy Co.Ltd(600256) {{{{{{{ Yunnan Chihong Zinc & Germanium Co.Ltd(600497) } { Sichuan Yahua Industrial Group Co.Ltd(002497) }, {{000000000000497}}, {{{0000000000000009090909090} Shenzhen Capchem Technology.Ltd(300037) , Jiangsu Cnano Technology Co.Ltd(688116) , Offshore Oil Engineering Co.Ltd(600583) , Shenzhen Senior Technology Material Co.Ltd(300568) , Shandong Head Co.Ltd(002810) , Hubei Dinglong Co.Ltd(300054) , Jiangsu Lopal Tech.Co.Ltd(603906) , Anhui Guangxin Agrochemical Co.Ltd(603599) , Quakesafe Technologies Co.Ltd(300767) , Ningxia Baofeng Energy Group Co.Ltd(600989) , Shanghai Pret Composites Co.Ltd(002324) , Yantai Tayho Advanced Materials Co.Ltd(002254) , Shanghai Jahwa United Co.Ltd(600315) , China Oilfield Services Limited(601808) entered the top 50 positions in 2021q3 and 2021q4.
Market preference analysis: large market capitalization leading stocks are still favored
We found that the market is still mainly optimistic about the leading stocks in the subdivided industries with large market value. According to the statistics of the stock market value of the heavily held shares of public funds, the holding market value of more than 50 billion shares (15 in total) in 2021q4 accounts for 45.82% of the total holding market value of the top 50 basic chemical stocks. In terms of the number of holdings, 2169 fund products hold chemical stocks in 2021q4, of which 186 fund products hold Yunnan Energy New Material Co.Ltd(002812) , with the largest number. Other stocks held by fund products are Wanhua Chemical Group Co.Ltd(600309) (133 / 2169, mom-76), Guangzhou Tinci Materials Technology Co.Ltd(002709) (122 / 2169, mom-164), Qinghai Salt Lake Industry Co.Ltd(000792) (106 / 2169, mom + 95) and Sailun Group Co.Ltd(601058) (82 / 2169, mom + 18).
Risk warning: risk of large fluctuation of crude oil price; Covid-19 epidemic leads to less demand than expected risk; Safety and environmental protection risks
