Social security fund holdings, which are important long-term funds, have surfaced. According to the data, social security funds appeared in the list of the top ten tradable shareholders of more than 800 listed companies in the first quarter, with a total market value of 426 billion yuan, a record high, an increase of 50.5 billion yuan over 375.5 billion yuan at the end of the fourth quarter of last year. The increase in market value of holdings was due on the one hand to rising stock prices, and on the other hand, to an increase in the number of shares held.
In the first quarter, the social security fund increased its holdings in basic chemicals, machinery, pharmaceuticals, petroleum, light industry, utilities, etc., and reduced its holdings in power equipment, food and beverage, coal, communications, military, computers, home appliances, and non-ferrous metals sectors.
The top ten most important stocks of social security funds in the first quarter were Agricultural Bank, Industrial and Commercial Bank, China Insurance, Beijing-Shanghai High Speed Rail, Fangzheng Securities, Guoxin Securities, Hualu Hengsheng, Sany Heavy Industries, Sun Paper, and Zhengtai Electric.
At the end of the first quarter, the market value of the Agricultural Bank reached 99.494 billion yuan, ranking first in the social security fund's share market value list. The market value of the Social Security Fund's holdings in ICBC, China Insurance, Beijing-Shanghai High Speed Rail, and Fangzheng Securities reached 65.111 billion yuan, 29.149 billion yuan, 15.372 billion yuan, and 8.914 billion yuan, respectively.
According to statistics, as of the end of 2022, the total equity of social security funds was about 2.53 trillion yuan. Since its establishment in 2000, the average annual return on investment of social security fundsIt was 7.66%, and the cumulative return on investment was nearly 1.66 trillion yuan. With a ratio of less than 40% of equity assets, social security funds can obtain such earnings results, which can be said to be quite impressive.
In the “National Social Security Fund Board Social Insurance Fund Annual Report (2022)”, the Social Security Fund mentioned that it has always insisted on long-term investment, value investment, and responsible investment.