The recent rapid rise in lithium prices, the implementation of new energy vehicles to the countryside, the recovery of new energy vehicle sales, and the performance of the new energy sector are much better than other sectors, but what makes me unacceptable is that new energy is still continuing to fall, and I really can't stand it.
If the institution buys the science and technology 50, it needs to sell liquor, new energy, and medicine with a high position, and in combination with my face-based fund manager, he also said that new energy this year is more of a local opportunity.
To put it simply: this year's liquor, new energy, medicine and other sectors are more local opportunities, institutions to buy AI and China Special Valuation need to sell liquor, new energy and medicine.
1. The institution is very optimistic about the Science and Technology Innovation 50 at present
Data from wind, as of 2023.5.17
In the past 1 week, the top inflows of equity ETFs are the Science and Technology Innovation 50, ChiNext, Chips, CSI 300, etc. In the past 1 week, the growth rate of new energy-related thematic funds has far exceeded that of the Science and Technology Innovation 50, but the top inflow is the Science and Technology Innovation 50, do you dare to believe it?
Obviously, as long as the new energy rebounds, some people will cut the meat to buy the science and technology 50, so how do you say the new energy rise continues? More of a rebound, not yet a reversal.
Data from wind, as of 2023.5.17
In the past 1 year, the scale of the Science and Technology Innovation 50 ETF has soared sharply, and as of May 17, 2023, the scale of the Science and Technology Innovation 50 ETF reached 56.7 billion, compared with 22.6 billion shares one year ago.
Data from wind, as of the 2022 annual report
As of last year's annual report, 32.63% of the 50 institutional investors accounted for 32.63%, and the proportion of institutional investment has been increasing recently.
2. Recently, institutional investment has been increasing its position in science and technology innovation 50
Data from wind, as of 2023.3.31
The top ten positions in the Science and Technology Innovation 50 account for 52.13% of the net value, which belongs to concentrated shareholding, mainly layout electronics, computers, machinery and equipment, new energy, military industry, etc.
Among them, more are electronics, which you can understand as semiconductors. New energy is just collocation.
Data from Wind, the top 30 institutional surveys since May
I have made an industry statistic of the top 30 companies surveyed by institutions (securities, funds, insurance institutions, investment institutions, etc.) since May, among which electronic and mechanical equipment is very concerned, especially electronics.
Combined with the electronics, mechanical equipment, computers, etc. investigated by institutions, you go to the top ten positions of the Science and Technology Innovation 50, which is very consistent.
3. Summary
At present, the direction of the institution's position adjustment is still science and technology innovation 50, as for new energy, medicine, and liquor, it is estimated that only when incremental funds come in will there be stage performance.
Short-term stock price performance is directly related to the flow of funds, and the current main flow of institutional funds is the Science and Technology Innovation 50, and then the medium special estimate.
To put it in human terms, you do not chase the rise and kill the fall, continue to hold liquor, new energy, medicine may fall, chase the rise and kill the fall may rise in the short term, and the long-term may be beaten at both ends, it is not easy to operate, I choose to lie down and not move.
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Today, the Shanghai Composite Index rose 0.4% to close at 3297 points. The Shenzhen Composite Index fell by 0.12%, the ChiNext fell by 0.68%, and the net outflow of northbound funds was 1.836 billion, with a total transaction volume of 882.2 billion yuan in the two cities.
-0.7% is expected today and -4.7% after updating so far this year. Old rival CSI 300 -0.1% today, updated +2.18% so far this year. There is no hope of returning this week, I can't accept it!
Didn't operate today. I think that new energy and military industry have fallen out of a higher fixed investment cost performance.
This article is Xiao Yuge's personal investment fund thinking, any of the stocks and funds mentioned in the article may have a risk of slashing. All content does not constitute investment advice, please think independently, do not use my content to make buying or selling decisions, at your own risk!