As the semi-annual reports of listed companies were revealed one after another, the latest trends in social security funds came to light.

At the end of last year, the Social Security Fund released an annual report stating that since its establishment, the Social Security Fund has accumulated investment income of 1657.554 billion yuan, with an average annual return on investment of 7.66%. 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.

According to published data estimates, the cumulative yield of social security funds from 2014 to 2022 was over 80%. The increase in the Shanghai Index during the same period was only half of the former, and only about 30% of companies in the A-share market rose by more than 80% during the same period (listed before 2014). Due to good investment performance, the market is also paying close attention to social security fund position trends.

As of July 27 (since the disclosure of the semi-annual reports of listed companies has not yet been completed, the current data is only partial), the National Social Security Fund appeared as the top ten tradable shareholders of 3 individual shares in the second quarter, with a total market value of 1.313 billion yuan.

Judging from the latest shareholding market value, as of July 27, the social security fund held the market values of Western Mining, Satellite Chemical, and Bomaike at the end of the second quarter were 0.959 billion yuan, 0.298 billion yuan, and 0.056 billion yuan respectively.

Judging from the latest changes in positions, the China Social Security Fund 115 Group increased its position in Western Mining for two consecutive quarters, adding 4 million shares in the second quarter, and recently holding 27 million shares; the National Social Security Fund 420 Group increased 2.15 million shares in the second quarter, and recently held 26.44 million shares of Western Mining.

The National Social Security Fund 101 Group joined Satellite Chemistry in the second quarter and recently held 16.55 million shares.

The National Social Security Fund's 063 and 105 portfolios both reduced their holdings of Bomaike in the second quarter, and recently held 2.234 million shares and 2.041 million shares.

Furthermore, according to the latest shareholder information disclosed by listed companies due to repurchases and other matters, the social security fund added new companies such as Shanghai Airport in the second quarter.

According to the latest shareholder changes at Shanghai Airport, as of July 22, the tenth largest shareholder, the National Social Security Fund, invested 10.4565 million shares of the new company's shares, holding a total of 10.4565 million shares, accounting for 0.42% of tradable shares and a market value of 0.373 billion yuan.

According to the latest shareholder changes of Shengquan Group, as of July 23, the tenth largest shareholder, the National Social Security Fund 107 Group, increased its holdings of the company's shares by 0.4266 million, holding a total of 7.0301 million shares, accounting for 0.83% of tradable shares and a market value of 0.128 billion yuan.

According to the latest shareholder changes of Guanghui Energy, as of July 22, the national social security fund, the seventh-largest shareholder, the 414 group of new company shares, held 61.9998 million shares, holding a total of 61.9998 million shares, accounting for 0.94% of the shares in circulation, with a market value of 0.354 billion yuan.

According to the latest shareholder changes of Jinbo Co., Ltd., as of July 18, Cathay Pacific Fund Management Co., Ltd. - Social Security Fund 421, the eighth largest tradable shareholder, increased its holdings by 0.4222 million shares, holding a total of 2.0935 million shares, accounting for 1.02% of tradable shares and a market value of 34.4376 million yuan.

In the first quarter of this year, social security funds appeared on the list of the top ten tradable shareholders of more than 800 listed companies. The total market value of their holdings reached 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 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.

Historical statistics show that judging from the social security fund holding rules, the longer the social security fund holding cycle, the more significant the excess return. By the end of the first quarter of this year, the average increase of 24 companies with social security funds for more than 10 years had nearly tripled, with an average increase of about 20% over the same period; the 107 companies with social security funds holding continuous positions for 5-10 years had an average increase of more than 70%, and the Shanghai Composite Index had an average increase of 3.37% during the same period.