Special topic: gather 2024 funds Quarterly report

The position change of 10 billion fund managers has always been the focus of the market. Xing Zheng Global Fund Xie Zhiyu's operation in the first quarter was announced.

As of the first quarter of 2024SeagamessoccerfinalHis management scale is 364.Seagamessoccerfinal99 million yuan, a decrease of 2.921 billion yuan compared with 39.42 billion yuan at the end of the fourth quarter of 2023. Its representative fund, Xing Quanhe run, lost 934 million yuan in the first quarter of 2024, narrowing the range of the four seasons report of 2024. Stocks accounted for 89.87% of the total assets of the fund, up from 92.95% reported in the four quarters of 2023.

During the reporting period, the top 10 heavy stocks of Xingquan Herun included Haier Zhijia, Lan Qi Technology, San'an Optoelectronics, Ningde Times, Jingchen shares, Plum Blossom Biology, Bull Group, Tongfu Micro Power, China and Micro companies, and new industries. Compared with the four seasons report last year, Xingquan Herun increased its holdings in the Ningde era in the first quarter, with 5.5046 million shares at the end of the first quarter, an increase of 59% over the fourth quarter, making it the fourth largest stock in the fund. In addition, China Micro Corporation entered the top ten heavy stocks, while Haikang Weiwei and Industrial USI withdrew.

It is worth noting that a number of funds under Xingzheng Global Fund increased their holdings in the Ningde era, including Xingquan run managed by Xie Zhiyu and Ye Feng, Xingquan suitable for Xie Zhiyu and Cheng Jian management, Xingquan trend investment for Dong Li management, and Xingquan business model optimization for housewarming management.

In the past three years, the loss was 34.88%, the scale was reduced by 35.04%, but the management fee was collected 1.2 billion yuan.

According to Wind data, Xingquan Herun was established on April 22, 2010, with a cumulative net unit value of 1.33 yuan. The benchmark: Shanghai and Shenzhen 300 index * 80% + CSB treasury bond index * 20%. Xingquanhe run lost 19.51% in the past year, 15.70% in the past two years, and 34.88% in the past three years, ranking in the middle of the same category. The size of the fund shrank from 33.406 billion yuan in 2021 to 21.702 billion yuan on March 31, 2024, a reduction of 35.04%, but a management fee of 1.207 billion yuan was charged.

The era of collective increase of positions in Ningde

During the reporting period, the top 10 heavy stocks of Xingquan Herun included Haier Zhijia, Lan Qi Technology, San'an Optoelectronics, Ningde Times, Jingchen shares, Plum Blossom Biology, Bull Group, Tongfu Micro Power, China and Micro companies, and new industries. Compared with the four seasons report last year, Xingquan Herun increased its holdings in the Ningde era in the first quarter, with 5.5046 million shares at the end of the first quarter, an increase of 59% over the fourth quarter, making it the fourth largest stock in the fund. In addition, China Micro Corporation entered the top ten heavy stocks, while Haikang Weiwei and Industrial USI withdrew.

It is worth noting that a number of funds under Xingzheng Global Fund increased their holdings in the Ningde era, including Xingquan run managed by Xie Zhiyu and Ye Feng, Xingquan suitable for Xie Zhiyu and Cheng Jian management, Xingquan trend investment for Dong Li management, and Xingquan business model optimization for housewarming management.

Xie Zhiyu said that from a fundamental point of view: domestic real estate infrastructure is still in the doldrums, export growth has picked up. Overseas Fed interest rate cuts are expected to rise, and the overall overseas economy continues to recover.

From the perspective of various sectors: gold, copper oil and other resource products have risen, the application field of AI has been continuously broadened, smart driving has made great progress both overseas and at home, and the low-altitude economy has begun to flourish in Shenzhen and other places, and the trade-in continues to provide momentum for the economy. In terms of market style, low valuations and high dividends are still of high concern, while developments in emerging areas are also noteworthy.