Fund shareholding refers to the phenomenon that multiple funds hold a certain stock or a certain type of stock, which is formed actively or passively. Phenomenologically, it belongs to the enhanced version of theme stocks. Since Public Offering of Fund's position is public, investors can easily find these stocks. The following is carefully recommended by Xiaobian about what is a fund group stock, for reference only, I hope I can help you!

What is a fund holding a group stock?

Shareholding refers to the shares held by several institutions at the same time, in which institutional funds account for a certain proportion. On the one hand, there are few high-quality targets in the market; On the other hand, due to the huge funds of institutions, they can't get in and out as quickly as retail investors, and the pressure of performance is urgent, which leads many institutions to follow the trend and buy high-quality stocks in the current market, thus leading to the phenomenon of institutions holding groups. Why are there funds holding groups?

What are the reasons for the emergence of funds holding stocks?

Cause of occurrence

1: fund managers are most concerned about the safety of funds and the improvement of net worth. In order to avoid major investment mistakes, institutions will conduct research on listed companies with investment value, and some listed companies will even conduct step-by-step research, which is well known in the industry, so that * * * knowledge has been formed before investment, so it is logical for fund managers to buy similar stocks.

2. Especially in the economic downturn, large funds tend to be "certainty" rather than "growth", and choose investment targets with high performance certainty to obtain relatively stable returns. If the centralized allocation of these plates continues to rise and the structural market continues to ferment, then a typical "holding the group to warm up" market will be formed. For example, the consumer market after 20 16 and the liquor market in 2020. When the development of such companies is lower than expected, the valuation quality is broken, or the stock price is too high, and the funds take profits; Or there are other new hot spots, and if the existing funds are diverted, the group will collapse.

Risk warning

Many smart investors choose to take a ride on the group stock, which is indeed a good investment strategy. After all, the investment and research ability of institutions is stronger than that of most retail investors. Of course, buying a fund to hold shares is not necessarily safe. Although these stocks are heavily held by a large amount of funds, when the above time window appears, the market will turn from holding a group to warming up and diving. We should always be vigilant.

What is the capital facing north?

1: Mainly refers to foreign capital coming in through channels in Hong Kong and Shanghai and Shenzhen. Generally speaking, the capital going north is smarter. Historically, it is indeed much smarter than most investors in A-shares, and it is very powerful in both the long term and the short term.

2. The main reason may be that foreign investors have been swimming in the capital market for a long time and their experience is much smarter than that of A-share investors. At the same time, there are rumors that some A-share hot money has come in through Hong Kong and Shanghai and Shenzhen channels, which is also a smart fund. There are obviously two kinds of funds going northward: short-term and long-term It is usually dominated by short-term and medium-term traffic.

What is equity?

First, the genes of long-term cattle. The so-called "long cow" means that since listing, the market value has been rising and the stock price has hit record highs. The speculative return and investment return of investors are relatively rich, and the investment return is >; Speculative returns. Stocks with long-term bovine genes generally have the following characteristics: 1) The industries in which they are located can cross-cycle, and the industries are just needed and consumable, benefiting from demographic dividends, such as medicine, big consumption and tourism. 2) The scale of the industry is large and there is no ceiling; 3) Monopolistic or oligopolistic listed companies; 4) The stock price has hit record highs and fluctuated above the annual line for a long time, because the rise of such companies is basically equivalent to a positive CPI every year.

So how do you speculate on such stocks? Compared with the medium and long term, it seems that it is appropriate to buy at every point, but buying below the annual line takes into account the investment income and investment efficiency (capital utilization efficiency is also part of the income). There is also a better mid-line buying point, that is, the right to increase and ex-dividend. Because such companies are scarce assets all over the world, every ex-dividend right is almost an investment opportunity for the public, so we must cherish it.

Second, the long-term bear gene. The so-called "long bear gene" means that the market value of the stock has been shrinking after listing, and the stock price has been hitting new lows, that is, it is only born for financing and refinancing (that is, circling money). The obvious characteristics of this kind of stock are more issuance and less dividends. The way of hype is to follow up the hype quickly after the release plan, and it is strictly forbidden to bargain-hunting at low tide.

Third, the cyclical genes. The periodicity of the company's stock price is very strong, and the stock price has an obvious symmetrical arc structure. So what is the corresponding operation strategy of this kind of stock? Be sure to fry according to the cycle, and don't start or participate at the bottom of the big cycle. After starting, hold and wait twice. Periodic speculation: 1) Around the PPI cycle and policy cycle (national macro-control), the bottom of PPI began to reverse, and the policy began to support buying; 2) Technically, buy low and sell high; 3) Buy on the right shoulder and sell on the head and shoulders according to the symmetry of the head and shoulders.

Fourth, cut the leek gene. As a tool to operate the market, the stock price presents an obvious Zhuang stock form, and the range fluctuation is very obvious. The ups and downs are very urgent, and the cycle is to cut retail leeks. So what are the disk characteristics of such stocks? 1) The stock price has soared and plummeted in the short term, and the upper limit of fluctuation is very obvious; 2) The fluctuation of quantity and energy is as violent as the stock price. The upper limit of quantity and energy is almost a straight line; 3) Most of them are small and medium-sized stocks, and their positions are not high.