Xu Jinzhong Wanyu
The disclosure of the fund's second quarterly report made the "unique stocks" of some fund managers surfaced.
Well-known fund managers such as Qiu Dongrong and Feng Mingyuan unearthed the targets exclusively held by China Electric Research Institute and Zhuhai Guanyu.
Many fund managers' "unique stocks" performed well in the second quarter, and some "unique stocks" made great efforts in July, and their stock prices rose sharply.
Fund industry insiders said that they are full of confidence in the long-term allocation value of A-shares, and the choice of structure is an important factor in determining returns. Next, they will focus on opportunities in the fields of photovoltaics, automobiles and parts.
"Unique stocks" emerge
How to stand out in investing?
"Unique stocks" may be one of the magic weapons for fund managers to win in investment.
With the release of the fund's second quarterly report, the "exclusive stocks" of some fund companies and fund managers also surfaced.
Specifically, according to Wind data, according to the top ten heavy-holding stocks of fund products disclosed in the fund's second quarterly report, the public fund products in the list of institutional investors of China Electric Research Institute and Yongyi Co., Ltd. are only worth the small-cap value of Zhonggeng managed by Qiu Dongrong.
As of the end of the second quarter, Zhonggeng Small Cap held 8,233,300 and 7,775,700 shares of China Electric Research Institute and Yongyi, respectively, accounting for 8.57% and 2.57% of their circulating A shares, respectively.
In the second quarter, Penghua Anrong withdrew from the list of institutional investors of Xinlong Health. Among the institutional investors of Xinlong Health, only Zhonggeng was left with flexible and flexible allocation of fund products. This company has also become Qiu Dongrong's "exclusive stock" .
As of the end of the second quarter, Zhonggeng Value held 7,558,500 shares of Xinlong Health through flexible and flexible allocation, accounting for 2.05% of the company's outstanding A shares.
Zhuhai Guanyu is the "exclusive stock" of Feng Mingyuan, the fund manager of Cinda Australia and Asia Fund.
As of the end of the second quarter, there were 8 funds in the list of institutional investors of Zhuhai Guanyu, but 1 of them was an index fund, and 7 active funds were fund products managed by Feng Mingyuan, including Xinao New Energy Industry, Xinao Zhiyuan's three-year holding period, etc., 7 funds hold a total of 14.9326 million shares of Zhuhai Guanyu, accounting for 13.70% of the company's circulating A shares.
The "unique stocks" of Cao Mingchang, the fund manager of China Europe Fund, include companies such as Leizhi Group. The institutional investors of Leizhi Group in the second quarter were only 4 products managed by Cao Mingchang.
As of the end of the second quarter, these four funds held a total of 46.7294 million shares in Leizhi Group, accounting for 8.02% of the company's circulating A shares.
There are also a number of fund managers who have also explored their own "unique stocks". The "unique stock" of Yongying Fund Changyuan is Jiadian, the leader in special motors, and the "unique stock" of Zhou Mi of Jinxin Fund is Jiangsu Beiren, Guodian The "unique stock" of Jia Yuxuan, a financial fund, is Tongfei Shares.
In addition, some targets have become "exclusive stocks" of fund companies.
For example, as of the end of the second quarter, there were 6 products of Suzaku Fund in the company's institutional investor list. In addition to the 5 funds managed by Liang Yuejun alone or participated in, there was also a fund managed by Shen and Liu Wenqing.
The 6 products of Suzaku Fund hold a total of 2,987,400 shares of BLT, accounting for 6.47% of the company's outstanding A shares.
Ocean Bio has become the "unique stock" of GF Fund. As of the end of the second quarter, GF Technology Innovation managed by Wu Yuanyi and GF Lixin managed by Duan Tao held a total of 2.4639 million shares of Ocean Bio, accounting for 6.05% of the company's circulating A shares.
share price mixed
The "unique stocks" of several fund managers performed well in the second quarter. For example, the "unique stocks" of Kaishi Fund Fu Bai Rui, Chuanyi Technology, the company's main business is the research and development and production of notebook computers and other consumer electronics components. And sales, the stock price rose as high as 90.87% in the second quarter.
Jia Yuxuan's "unique stock" Tongfei Co., Ltd. is mainly engaged in the research and development, production and sales of industrial refrigeration equipment, and its share price rose by 33.61% in the second quarter.
Qiu Dongrong's "unique stock" China Electric Research Institute is engaged in the research on the basic laws and mechanisms of environmental adaptability of electrical products, and the stock price rose by 26.89% in the second quarter.
There are also some fund managers whose "unique stocks" have strong stamina, and their stock prices have risen sharply since the third quarter.
Since July, the share price of Tongfei has continued to rise. As of July 28, the cumulative increase has reached 63.55%.
Galaxy Jiayi has a flexible allocation to exclusively hold Dalian Heavy Industry, and the stock has risen by 97.77% since July.
Since July, Jiangsu Beiren's cumulative increase has been as high as 131.24%.
However, there are also some fund managers whose "unique stocks" did not perform well. For example, Qiu Dongrong's "unique stock" Xinlong Health fell 4.17% in the second quarter, Cao Mingchang's "unique stock" Leizhi Group fell 18.19% in the second quarter, and E Fund Fund Yang Jiawen The "unique stock" Zheshang Zhongtuo's share price fell by 19.92% in the second quarter.
Focus on fundamental changes
According to GF Fund, the second quarterly report of public funds shows that in terms of industry allocation, power equipment and new energy, food and beverage, medicine, and electronics are still the four industries with the most public offerings and the largest over-allocation.
From the perspective of active addition and reduction of positions, in the second quarter, public funds actively increased positions in the following directions: new energy sector, including photovoltaics, rare metals, automobiles and parts; a few sub-sectors in consumption and medicine, such as liquor, traditional Chinese medicine, medical care Serve.
Where is the direction of mining "exclusive stocks" next?
GF Fund said that it is recommended to focus on industries that have policy support and benefit from falling commodity prices on the cost side, such as photovoltaics, wind power, electric vehicles, automobiles and parts.
Chen Baoguo, general manager and fund manager of the Western Profit Fund Research Department, believes that after the rapid market rebound in the early stage, the prosperity of the industry has diverged.
Under the premise that there is no major change in the macro environment, it is expected that this trend is likely to be maintained in the short term.
He suggested to view this round of adjustment with a positive and optimistic attitude, pay attention to the marginal changes in fundamentals, and the choice of structure has always been an important factor in determining returns.
Wu Yong, chief investment officer of SPDB-AXA Fund, is full of confidence in the long-term allocation value of A-shares.
He said that under the long-term trend of the global risk-free rate of return, Chinese assets are still one of the most valuable assets in the world, and A-shares are one of the most valuable assets in China.
He also pointed out that stock investment has never been smooth sailing. The market always experiences fluctuations and adjustments, large and small. With more and more industries and companies, the difficulty of grasping investment opportunities is also increasing.