The market in August is booming. First, large-cap blue-chip stocks took the lead in rising, and then emerging industry stocks caught up. The GEM even experienced a violent V-shaped market reversal. As the most important participant in the A-share market, every move of public equity funds between the rise and fall of the market also affects the changes in the market.
According to statistics from Financial Weekly reporters, as of the end of the second quarter as of August 21, excluding suspended stocks, among the 204 GEM stocks heavily held by funds in the second quarter, a total of 144 rose, and 33 of them rose by more than 20%.
Looking specifically at the industry, the electronics industry has seen the strongest growth in Shenwan’s first-level industries since August, with an increase of 11.71%. In addition, automobiles and public utilities increased by more than 9%, machinery and equipment, and media increased by more than 8%, and steel, textiles and clothing, agriculture, forestry, animal husbandry, and fishery, leisure services, electrical equipment, and computers all increased by more than 7%.
In the electronics industry, the LED sector is highly sought after by fund companies. The second quarter report shows that a total of 25 fund companies have gathered in Sanan Optoelectronics, which shows the enthusiasm of this sector.
In addition, funds that have been deeply involved in agricultural stocks have also made huge gains in the blue-chip market, with many "agricultural" funds soaring by more than 15%.
33 funds heavily invested in the GEM stocks and their stocks rose by more than 20%
From rainy days to sunny days, the GEM market achieved a huge reversal in just a few weeks.
Since the third quarter, the GEM has fluctuated and fallen, and hit a new stage low of 1255.69 points on July 24. Then it began to rise in a wave of prices, and after entering August, it significantly outperformed the broader market, which began to grow slightly weak. Since August, the cumulative increase of the GEM Index has been close to 9%.
According to statistics from Financial Weekly reporters, as of the end of the second quarter as of August 21, excluding suspended stocks, a total of 144 of the 204 GEM stocks that funds held heavy positions in the second quarter rose, of which 33 rose by more than 20%, and 18 rose by more than 30%.
The top three increasers were Feitian Chengxin, Xuelang Environment, and Fubon Shares, with increases of 119.99%, 99.66%, and 59.72% respectively. However, these three stocks are all new stocks and have been heavily sold by institutions after their crazy rise.
In addition, four stocks including Leyard, Caneng Environmental Protection, Unilumin Technology, and Teruid all increased by more than 50%.
Among them, Teruide became the stock with the largest increase except for the three new stocks with an increase of 58.74%. Terud can be said to be the exclusive heavyweight holding of Huabao Industrial Fund. In the second quarter report, only one fund, Huabao Industrial Power, held the stock, totaling 2.15 million shares, accounting for 0.56% of its outstanding shares. On June 10 this year, Tered's stock price fell to a historical low of 11.84 yuan/share, and then bottomed out and continued to rise. As of August 21, the closing price had risen to 20.89 yuan/share.
In addition, Leyard and Unilumin Technology are both well-known LED concept stocks, with Leyard rising by 53.80% and Unilumin Technology rising by 58.04%. Both stocks have been favored by many fund companies.
Leyard's second quarter report this year shows that a total of 10 funds from 7 fund companies hold the stock. Among them, Changsheng Fund ranks first among the seven fund companies with a holding of more than 9.77 million shares, accounting for 8.53% of the outstanding shares of the stock. In addition, Noah Fund"> Blog, Weibo) holds 7.6 million shares, Huabao Industrial Fund holds over 6.9 million shares, Soochow Fund holds nearly 4.49 million shares, E Fund holds nearly 2.75 million shares, Southern Fund holds nearly 1.96 million shares, Tian Zhi Fund holds 130,000 shares. Seven fund companies accounted for a total of 29.34% of the outstanding shares of the stock.
In the second quarter, seven fund companies also gathered in Unilumin Technology, namely Changsheng, Shenwanlingxin, Huatai-PineBridge, HSBC Jinxin, Soochow, Golden Eagle, and Nuoan. , but the shareholdings are relatively small. Seven fund companies hold a total of more than 7.45 million shares of Unilumin Technology, accounting for 12.44% of its outstanding shares.
Funds are focusing on the LED sector to make money
The GEM stocks that have gained momentum from the fund's heavy positions are in industries. It seems that most of them are concentrated in the computer, electronics, mechanical equipment and other sectors. Among them, the LED sector, which belongs to the electronics industry, can be said to be a hot spot in the market this year. The cases of many fund companies gathering in Leyard and Unilumin Technology also highlight the attractiveness of the LED sector to funds.
In August, the Shenwan Electronics sector had a gorgeous market trend. As of August 21, the electronics sector ranked first among all Shenwan industries with an increase of 11.71%, leading the second-place automobile sector by 2.28 percentage points. Among all secondary industries in the Shenwan Electronics sector, the LED sector had the largest increase, up to 15.82%, only lagging behind the semiconductor materials sector.
As for individual stocks, except for Jiawei and Lianjian Optoelectronics, which were suspended due to major asset restructuring, the other 19 LED concept stocks have all risen since August, with half of them rising by more than 10%. In addition to Leyard and Unilumin Technology mentioned earlier, stocks such as Ledman Optoelectronics, Jufei Optoelectronics, Hongli Optoelectronics, and Huacan Optoelectronics have performed very well, and these stocks have also been sought after by funds.
Jufei Optoelectronics’ second quarter report shows that a total of 8 fund companies and 22 funds hold the stock. Among them, 6 funds under Soochow hold nearly 20 million shares of Jufei Optoelectronics, accounting for 13.97% of its outstanding shares, while 4 funds under Changsheng also hold a total of more than 11.5 million shares. Eight fund companies hold a total of over 60 million shares of Jufei Optoelectronics, accounting for 42.65% of the outstanding shares of the stock.
Similarly, 8 fund companies have also appeared in Hongli Optoelectronics, with a total shareholding of more than 18 million.
Sanan Optoelectronics is the most popular among fund companies in the LED sector. According to the second quarter report, there are 25 funds stationed in it, with a total shareholding of more than 236 million shares. However, Sanan Optoelectronics' growth is not obvious, with an increase of less than 7% since August, ranking 12th among 19 LED concept stocks.
Regarding the boom in the LED market, industry insiders revealed to a reporter from Financial Weekly (WeChat public account money-week), "The penetration rate of LED in home lighting is very low, and the price is about 2-3 times that of ordinary lamps. With the decline of prices and the arrival of subsidy policies, the penetration rate of LED will become higher and higher, and the market will become more and more recognized. It has now reached the stage of explosion."
According to this, more and more fund companies may ride on the LED accelerating express.
The net value of many "agricultural" funds has soared
Earlier than the V-shaped reversal of the GEM, the blue-chip stock market, the collective rise in finance, mining, real estate, etc. is undoubtedly the most important label of the A-share market since July. Wind data shows that since July to the close of August 21, the financial industry has increased by 15.76%, while mining and real estate have increased by 17.63% and 17.14% respectively. However, in addition to the large blue-chip stocks that investors pay daily attention to, the rise of agricultural stocks has also attracted market attention.
Since July, the agriculture, fishery and animal husbandry sector has surged by 17.28%. Among all secondary industries in this sector, the marine fishing and grain planting industries have experienced even more astonishing increases, reaching 31.33% and 29% respectively. Judging from the performance of funds with heavy positions in the agricultural sector, the increase in net worth is also obvious.
Celestica Yongding Growth and Celestica Cycle Strategy are two funds that are keen on investing in agricultural stocks. As a result, these two funds have performed very well recently. From the beginning of July to the close of August 21, the net values of Tianhong Yongding and Tianhong Cycle surged by 15.83% and 16.11% respectively, an increase of more than 15%.
According to the second quarter report of Tianhong Yongding, 5 of its ten heavily held stocks are agricultural stocks, namely Muyuan Shares, Shengnong Development, Longli Biotech, Young Eagle Agriculture and Animal Husbandry, and ST Minhe. As of the close of trading on August 21, among these five stocks, except Longli Biotech, which has seen a weak increase since August, the other four stocks have all increased by more than 6%, among which Young Eagle Agriculture and Animal Husbandry has increased by nearly 10%. Tianhong Yongding Investment’s fund net asset value in these five agricultural stocks accounted for 36.47%.
The heavy holdings of Tianhong Cycle and Tianhong Yongding are highly overlapped. In addition to the five stocks such as Muyuan shares mentioned above, Tianhong Cycle also has heavy holdings of Yisheng shares and Dabeinong. The net asset value of the fund invested in 7 agricultural stocks accounts for as high as 36.82%.
In addition, Penghua Consumer Leadership, GF Industry, GF New Power, Soochow Enterprising Strategy, Harvest Research Select, Boshi Excellence, Yinhua Consumer Theme, etc. are all typical agricultural heavyweight funds. The performance of these funds has also been rising since July this year. Among them, GF Industry Leading and GF New Power both increased by more than 10%. As of August 14, they had increased by 11.66% and 18.88% respectively since the third quarter of this year.
ANNA