wildwestgoldmegaways| Among the top 50 heavy positions of partial stock public funds, passive funds hold 45.7%
in recent yearswildwestgoldmegawaysPassive funds continue to expand rapidly and become one of the most important marginal capital increments in the market. Passive index funds have accelerated their expansion in the past 2-3 years. As of the end of 2024Q1, the market value of passive index funds holding A shares has risen to about 1.996 billion yuan. This year, large-scale broad-based ETFs represented by the Shanghai and Shenzhen 300 received the largest inflow, and the net inflow of equity ETFs was 3,273wildwestgoldmegaways.64 billion yuan, of which the net inflow of wide-base ETFs was 345.821 billion yuan. The Shanghai and Shenzhen 300 Index also had significant excess returns this year.
At the individual stock level, the proportion of positions held by passive funds has increased significantly. Among the Top 50 heavy positions of public funds with partial equity, passive funds have accounted for 45.7%. At the industry level, passive funds have a relatively high shareholding ratio in traditional industries with strong cyclical attributes, financial industries, and industries with market focus beta recovery. Passive funds are building a united front for core assets with foreign investment and insurance funds. Risk warnings include the risk of historical experience failure, the risk of conclusion differences, and the risk of data error. Industrial Securities (601377) released a report "Who is buying the leader?" See the full report for details.
