Reporter | Dragon Power Edit |
There are always some "Big Mac" companies that are favored by private equity funds.
Wind data shows that as many as 34 listed companies reported that the market value of private equity funds exceeded 1 billion yuan in the third quarter, and the market value of 13 positions exceeded 2 billion yuan. Among them, Guizhou Moutai (600519.sh) topped the list with a holding market value of up to 19.621 billion yuan, Hikvision (002415.sz) and Zijin Mining (601899.sh) ranked second and third respectively, and the market value of private equity funds held in the third quarter was 11.825 billion yuan and 9.284 billion yuan, respectively.
Table: The list of stocks with a market value of more than 1 billion yuan in private equity funds in the third quarter
Source: wind
Specifically, the two private equity products "Ruifeng Huibang No. 3" and "Jinhui Rongsheng No. 3", which are "senior Mao fan", have not been absent since the 2018 annual report and the 2019 interim report first bought the top ten circulating shareholders, and these two products have chosen to continue to increase their holdings in the second and third quarters of this year.
As of the end of the third quarter of this year, the above two products held 5.6181 million shares and 5.1037 million shares of Guizhou Moutai respectively, and the reference market value of the shareholding was 10.281 billion yuan and 9.34 billion yuan, respectively.
In terms of stock price, after 2019, Guizhou Moutai stock price has come out of a sharp upward trend, and brushed out a record high of 2608.59 yuan / share in the intraday on February 18 this year, but since then, the stock price of Guizhou Moutai has dropped significantly, and to August 20, the intraday price once fell to 1525.5 yuan / share, compared with the previous high, a decline of 41.52%.
The net value of "Ruifeng Huibang No. 3" and "Jinhui Rongsheng No. 3" has also been greatly affected, and the data of the private placement network shows that both products have created the largest drawdown since their establishment from February 10 to August 20 this year, with a drawdown value of 35.53% and 51.43% respectively. Recently, with the rebound of the stock price of Moutai in Guizhou, the net value of the two products has been repaired to varying degrees.
The third quarterly report ranked second in the market value of private equity positions is Hikvision, the global video surveillance leader. In the third quarter of 2020, Gao Yi Asset Management's star product "Gao Yi Linshan No. 1 Yuanwang Fund" helmed by Feng Liu has newly entered hikvision's fourth largest outstanding shareholder, holding 231 million shares, and in the following two quarters, the above products have increased their holdings by 19 million shares and reduced their holdings by 35 million shares respectively.
In the last two quarters, the number of Hikvision positions held by the "Gao Yi Linshan No. 1 Yuanwang Fund" has not changed newly, and it continues to remain at 215 million shares, but with the fluctuation of the stock price, the reference market value of the latest issue has decreased by about 2.043 billion yuan compared with the end of the second quarter.
It is worth noting that the three stocks such as Sany Heavy Industry (600031.sh), Hengli Hydraulics (601100.sh), and Unigroup Guowei (002049.sz) are also heavy stocks of "Gaoyi Linshan No. 1 Yuanwang Fund", and as of the third quarter, the reference market value of the product's position was 5.088 billion yuan, 4.229 billion yuan and 3.722 billion yuan, respectively.
Zijin Mining, which ranks third, is the favorite of Deng Xiaofeng, another star fund manager of Gao Yi Asset Management. In the third quarter of 2019, Deng Xiaofeng's "Gao Yi Xiaofeng No. 2 Letter Fund" and "Ruijin 43 Gao Yi Xiaofeng" simultaneously became the top ten circulating shareholders of Zijin Mining, with a total of 309 million shares, and the number of positions held in the two products increased or decreased. In 2021, "Gao Yi Xiaofeng Hongyuan" also became the sixth largest circulating shareholder of Zijin Mining, with a number of 222 million shares. As of the end of the third quarter, the above three products held a total of 920 million shares in Zijin Mining, with a reference market value of 9.284 billion yuan.
Overall, most of the Big Macs with a market value of more than 1 billion yuan in the three quarterly reports are "old friends" of private equity funds, of which only 5 stocks are exceptions, namely Oriental Wealth (300059.sz), Yifeng Pharmacy (603939.sh), Dashanlin (603233.sh), Jinbo Shares (688598.sh) and Wen's Shares (300498.sz).
Among them, "Gao Yi Xiaofeng Hongyuan" newly entered the third quarter of this year to become the ninth largest circulating shareholder of Oriental Wealth, holding 49.0185 million shares, with a reference market value of 1.685 billion yuan; Yifeng Pharmacy, Dashanlin and Wen's shares have all won the latest entry of "Gao Yi Linshan No. 1 Yuanwang Fund", with a reference market value of 1.562 billion yuan, 1.484 billion yuan and 1.035 billion yuan respectively.
Jimbo shares were purchased from three products under Abama Assets, "Abama Bonus No. 26", "Abama Bonus No. 55" and "Abama Bonus No. 25", with a total number of 3.361 million shares and a reference market value of 1.18 billion yuan.