In the third quarterly report, the medium and long-term capital layout paths were revealed one after another, and social security funds and QFII positions were exposed.

Huijin bought an ETF and will continue to increase its holdings in the future. The trend of institutional investors has once again attracted market attention. With the intensive disclosure of the third quarterly report of listed companies in 2023, institutional investors such as social security funds and QFII, which are regarded as long-term funds, gradually surfaced.

The data shows that as of June 23rd 10, more than 500 A-share listed companies have disclosed the third quarterly report of 2023. Among the companies that have disclosed the third quarterly report, China Mobile, ZTE and so on. It is a large market value company held by social security fund, while Wanhua Chemical and Haida Group are large market value companies held by QFII.

Social security fund heavy-duty communication industry

10 June 1 1 day, Baichu Electronics and Pingdingshan Coal Industry Co., Ltd. kicked off the third quarterly report in 2023. By June 23rd 10, 540 A-share listed companies had disclosed the third quarterly report of 2023, and institutional investors such as social security funds and QFII appeared among the top ten tradable shareholders of some listed companies.

Wind data shows that among the listed companies that have released the third quarterly report, as of the end of the third quarter, 8 1 listed companies in the list of the top ten tradable shareholders have social security funds.

Judging from the stock market value, among the listed companies that have disclosed the third quarterly report, by the end of the third quarter, China Mobile's social security fund had the highest stock market value, reaching 1685438+0 billion yuan. In addition, the market value of ZTE, Zhongke Chuangda and Dahua held by the Social Security Fund all exceeded 654.38 billion yuan. Among the high-value companies held by social security funds, there are many companies in the communications and computer industries.

Judging from the number of shares held, among the listed companies that have disclosed the third quarterly report, by the end of the third quarter, the largest number of shares held by the social security fund was Xinxing Cast Pipe, reaching 75.8752 million shares. In addition, the Social Security Fund holds more than 50 million shares of Qibin Group, Suken Agricultural Development, China Jushi and Suzhou Bank.

Judging from the changes in the number of shares held, in the third quarter, the social security fund held the largest number of shares in Xinxing Cast Pipe and Linglong Tire, both exceeding 6,543,800,000 shares, reaching 6,543,803,597 shares and 6,543,803,955 shares respectively. In the third quarter, the Social Security Fund increased its holdings of Jiudian Pharmaceutical, Shandong Yao Bo, Dahua, Xinyangfeng and Li Tao Bread by more than 5 million shares. In the third quarter, the social security fund entered the list of the top ten tradable shareholders in China Jushi, Xinao and Commodity City.

Foreign capital favors Wanhua Chemistry.

In terms of QFII shareholding, Wind data shows that as of June 23rd 10, among the listed companies that have released the third quarterly report, QFII has entered the list of the top ten tradable shareholders of 85 listed companies.

Judging from the stock market value, among the companies that have disclosed the third quarterly report, by the end of the third quarter, QFII held the highest market value of Wanhua Chemical, reaching 65.438+70.9 billion yuan. It is worth mentioning that by the end of the second quarter, no QFII held Wanhua Chemical, and in the third quarter, AbuDhabiInvestmentAuthority bought a large number of Wanhua Chemical 1.93477 million shares. In addition, the market value of QFII holding Haida Group, Polaiya and Baichu Electronics is relatively high, ranging from 500 million yuan to 654.38+0 billion yuan.

Judging from the number of shares held, among the companies that have disclosed the third quarterly report, Lotus Health is the most held by QFII, with the number of shares reaching 31367,900. In addition, Wanhua Chemical, China Jushi, Haida Group and Sinoma Technology are all held by QFII, and their shareholding amounts are all between 6,543,800 and 20 million shares.

Judging from the changes in the number of shares held, among the companies that have disclosed the third quarterly report, Sannuo Bio, Polaiya and Tianan New Materials gained more QFII holdings in the third quarter, all exceeding 3 million shares, with an increase of 3,770,900 shares, 3,277,600 shares and 3,005,500 shares respectively. In the third quarter, QFII entered the list of the top ten tradable shareholders of Lotus Health, Wanhua Chemical, Wu Tong Holdings, Wuzhou Transportation and Moen Electric.

Firm bottom line thinking

China Merchants Fund said that looking forward to the future, the current market valuation level is already at a low level, and there is limited room for further adjustment. The stabilization and recovery of the domestic economy is expected to support the market recovery. It is recommended to focus on the small and medium-sized market value growth plate and the high dividend defense plate. We can focus on assets with the background of central enterprises, franchise and monopoly capabilities and high dividend advantages, such as operators, petrochemicals, transportation, public utilities and other industries; In the field of scientific and technological growth, we can pay attention to auto parts, machinery, electronics, military industry, TMT and other sectors as well as pharmaceutical sectors with certain rebound potential.

Bosera Fund said that the core of restricting market performance is investors' risk preference, which is affected by geopolitical factors and tightening of overseas liquidity. After the recent adjustment, market sentiment has been fully released, and there is limited room for further decline of the index. It is necessary to strengthen the bottom thinking and wait for the mitigation of risk factors and the recovery of risk preference. Structurally, the bottom of the market adheres to the balanced allocation of "pro-cycle+growth" and recommends food and beverage, medicine and biology, non-ferrous metals, coal, computers, communications, banking and other directions.