With the opening of the third quarterly report of A-shares, the latest position adjustment trend of many star fund managers has gradually surfaced.
Following Zhu Shaoxing, Zhou Yingbo, Zhang Feng, Shi Bo and others, the investment trend of Ruiyuan Growth Value managed by Fu Pengbo has also surfaced. The latest announcement shows that Fu Pengbo and his xingquan old colleague Du Changyong set up the Rui County private equity continues to re-position Real Madrid Technology,
And "technology brother" Du Meng also began to choose to partially cash in after the heavy stocks rose nearly 200% in a single quarter.
The big guys come in and out, which reflects their views on the market.
<h2>Fu Pengbo continued to re-position Real Madrid Technology</h2>
Real Madrid Technology has a "good name", but this company has nothing to do with the famous club in Spain, it is a new chemical materials company located in Suzhou, and the first source of income is "industrial monosodium glutamate" surfactant.
On the evening of October 13, the third quarter report released by Real Madrid Technology showed that after experiencing the twists and turns of the third quarter, the Ruiyuan Growth Value Fund managed by investment tycoon Fu Pengbo and others continued to rank as the fifth largest outstanding shareholder of the company.
In addition, the company's tenth largest circulating shareholder is a product of Rui County Private Placement opened by Fu Pengbo's old colleagues. Rui County Private Equity has entered the top ten circulating shareholders of Real Madrid Technology for the second consecutive quarter.
<h2>The roots are deep</h2>
It is worth noting that as early as the 2019 mid-year report, Ruiyuan Growth Value held shares in the company, but the number of shares held at that time was only 2.137 million shares. After that, Ruiyuan Growth Value also increased its position to the third largest outstanding shareholder of Real Madrid Technology.
However, since the first quarter of 2020, Ruiyuan Fund has gradually reduced the number of shares in the company until the fourth quarter of 2020 to restart the "pace" of heavy positions again.
In the same period of time as the Ruiyuan Fund reduced its position in 2020, Real Madrid Technology was in the stage of declining revenue growth and slowing down the growth rate of net profit. According to the data disclosed in the third quarter of this year, in the first three quarters, Real Madrid Technology achieved revenue of 1.77 billion yuan, an increase of 30.2% year-on-year, and achieved a net profit of 366 million yuan, an increase of 54% year-on-year.
<h2>Du Meng cashed in on the bull stock floating profit</h2>
There are large purchases, and there are also fund managers who have successively reduced their positions. Du Meng, the "hardcore veteran" who invested in Morgan, partially reduced his position in the big bull stock Tianhua Chaojing in the third quarter.
The market shows (as shown in the figure above) that Tianhua Chaojing rose continuously in the second and third quarters of this year, rising by more than 60% in the second quarter and continuing to soar by more than 120% in the third quarter.
The announcement information shows that the two funds managed by Du Meng, The Vision of Morgan and the Emerging Power of Morgan, as early as the end of the first quarter of this year, re-positioned Tianhua Chaojing, and completely ate more than 250% of the stage increase.
After the stock rose sharply, Du Meng also started the pace of cashing in profits.
His two heavy-pocket funds have reduced their holdings in Tianhua Chao net by nearly 4 million shares.
<h2>The "stars" hold the moon</h2>
Before Tianhua Chaojing was bought by Du Meng, it was not a "small transparency" in the capital market. Zhou Yingbo, Zhao Yi, Yang Ruiwen and other "stars" have all held shares in the company.
In particular, Zhou Yingbo became the top five outstanding shareholders of the company in the fourth quarter of last year, until the first half of this year, withdrew from the list of the top ten shareholders, but still held 2.6628 million shares of the company.
It is reported that Tianhua Ultra-Net's business covers three major areas: anti-static ultra-clean technology products, medical devices and lithium battery materials.
Among them, the lithium battery business is a new business area jointly invested and constructed by the company in November 2018 with "Ningmao" Ningde Times and other enterprises, and was included in the scope of consolidation after completing major asset restructuring in November 2020.
The growth of the company's revenue this year is also attributed to the involvement in the "lithium battery" business. Tianhua Chaojing pointed out in the third quarterly report that the growth of the company's operating income in the current period mainly came from the merger of Tianyi Lithium.
Tracking the holdings of star fund managers can evaluate their thinking, but it does not mean that the companies they buy heavily are necessarily worthy of following suit, which is worthy of special reminder.
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