The latest trends of well-known fund managers were exposed: Zhu Shaoxing adjusted his positions in the first quarter, and Xie Zhiyu bought these stocks with heavy positions
Reporter: Huang Xiaocong Editor: Peng Shuiping
As the fund's first quarterly report continues to be disclosed, more well-known fund managers' holdings have surfaced. The reporter noticed that Wells Fargo Tianhui, managed by Zhu Shaoxing of Wells Fargo Fund, had a relatively large adjustment in the first quarter, and the top ten heavy stocks were replaced by 5, and Xingqi Eye Medicine, Spring Airlines, Midea Group, Shanxi Fenjiu and other new top 10 stocks.
In addition, Xie Zhiyu of the Industrial Securities Global Fund also has some obvious position adjustment actions, such as Xingquan Herun, Hikvision, and Industrial Fortune Union under its management, which have withdrawn from the top 10, and CATL and China Micro have entered the top 10;
Zhu Shaoxing made a big position adjustment in the first quarter
As of the end of the first quarter, the management scale was about 27.7 billion yuan, compared with 28.3 billion yuan at the end of last year, a slight decline.
From the perspective of positions, the reporter found that in the first quarter, Zhu Shaoxing made a relatively large adjustment to the heavy stocks, and the top ten heavy stocks were replaced by 5.
Specifically, Sinocera Materials, Hualu Hengsheng, Ruifeng New Materials, Mindray Medical, and Jinyu Medical have all withdrawn from the top 10, and the new top 10 are Xingqi Eye Medicine, Spring Airlines, Midea Group, Shanxi Fenjiu and Zhengmei Machinery.
It can be seen that Zhu Shaoxing's top ten heavy stocks in the first quarter are more focused on the field of large consumption.
Zhu Shaoxing said in a quarterly report: "From the perspective of micro research, the recovery of consumption and real estate in the first quarter is still not very strong, and more patience and observation are needed. But we believe that the positives will eventually come into play, even if there are back-and-forth in between. We hope that we will not be overly limited to the interpretation of various negative data in the short term. The overall valuation of the current market is in a very attractive position in the long cycle, and the equity market is in a good risk-return range. In the longer term, we believe that the difficulties we are facing will eventually find a way out. The level of expected returns that investors currently choose to withstand market volatility is quite appropriate. ”
Zhu Shaoxing also pointed out that under the current valuation, the dividend value style can still find good investment opportunities, but the quality growth style also has many investment opportunities. We don't have the reliable ability to accurately predict short-term market trends, but instead focus on patiently collecting the best companies with great prospects, waiting for the realization of their own value creation and the cyclical return of market sentiment at some point in the future.
Xie Zhiyu: Heavy buying: CATL, AMEC, and Bubble Mart
Looking at Xie Zhiyu of the Industrial Securities Global Fund, as of the end of the first quarter, its management scale was about 36.9 billion yuan, compared with 39.4 billion yuan at the end of last year.
In terms of position adjustment and share swap in the first quarter, first from the perspective of Xingquan Herun under its management, the number of positions in the first quarter increased significantly from Montage Technology and Jingchen Shares, and the main ones that reduced their holdings were New Industry, Bull Group and Meihua Biotechnology.
In addition, Hikvision and Industrial Fortune Union withdrew from the top 10, and the new top 10 companies were CATL and AMEC.
Looking at Xingquan Heyi's holdings, in the first quarter, it mainly reduced its holdings of Tongfu Microelectronics, San'an Optoelectronics, Kuaishou-W and other stocks, and the main ones that increased their positions were CATL and Montage Technology.
In addition, the new industry exited the top 10, and the new top 10 was Bubble Mart.
It is worth mentioning that on the three-year holding of this fund in Xingquan Social Value, Xie Zhiyu reduced his position in Bubble Mart, and also reduced his holdings of Kuaishou-W, Tongfu Microelectronics, etc.
In addition, Saiteng Co., Ltd., New Industry, and Tencent Holdings withdrew from the top 10, and the new top 10 are CATL, China Biopharmaceutical, and Bull Group.
As for the market's view, Xie Zhiyu said in a simple analysis in a quarterly report: "From the perspective of various sectors: gold, copper, oil and other resources have risen, AI application fields continue to expand, intelligent driving has made great progress overseas and domestically, and the low-altitude economy has begun to flourish in Shenzhen and other places, and the trade-in continues to provide momentum for the economy." From the perspective of market style, the attention of low valuation and high dividends is still high, and the progress in emerging areas is also worth paying attention to. During the reporting period, the fund maintained a high position, excavated related industrial chains such as artificial intelligence, intelligent driving, AI applications, and pharmaceutical consumption, and selected and deployed hardware and software companies with long-term competitiveness and broad application space. ”
National Business Daily