Zhou Haidong’s performance in the fourth quarter was as good as ever, with excellent performance and good retracement control. Let’s take a look at Zhou Haidong’s four seasons report today to see what’s new.
1. Changes in fund size and shares
Data source: Butterfly Data
Huashang Zhou Haidong currently has 6 funds. After seeing the changes in the scale of the 6 funds, the thing I am most worried about happened. The scale of Zhou Haidong’s funds is accelerating. The total management scale in the fourth quarter reached 23.01 billion, compared with the third quarter. A substantial increase of 8.88 billion, an increase of 62.8%. More and more Christians have begun to discover this excellent fund manager.
At present, among the six funds, only Huashang New Trend Optimal (166301) started to limit the purchase of 2 million on January 17 this year. The amount is still relatively large. The other few are still open for application and redemption. I hope Mr. Zhou can manage the scale of the fund well. .
In terms of the increase in fund size, Huashang Selected Return Mix (010761) has the fastest growth in scale, with an increase of 3.384 billion, an increase of 123%; followed by Huashang Hengyi Steady Mix (008488), this fund is one of the six funds. The smallest, only 422 million, increased by 183 million, an increase of 76.8% in the fourth quarter; the second is the new trend of Chinese businessmen (166301), with an increase of 4.103 billion, an increase of 71.1%.
From the perspective of fund stock positions, Zhou Haidong’s positions increased and decreased in the fourth quarter . Huashang Xinxuan Return (013958) has the highest stock position and the largest increase. In the fourth quarter, the stock position increased by 13.34% to 90.62%. The position of Huashang advantaged industry increased by 8.5%, reaching 90.37; however, the stock positions of several funds with rapid growth in scale have more or less declined, which looks more like passive dilution caused by excessive scale expansion.
Of the 3 funds that can invest in Hong Kong stocks, two of them are old-fashioned, and their positions in Hong Kong stocks are also declining. The position in Hong Kong stocks of Huashang Selection (010761) fell by 3.23%, and the position of Huashang Hengyi Wenjian (008488) fell by 3.36%; last year The newly issued fund Huashang Xinxuan returned a 7.71% increase in its position in Hong Kong stocks.
2. Performance of the current fund
Data source: Butterfly Data
The current performance of Zhou Haidong’s current six funds is still as good as ever, and the drawdown control is also excellent.
3. Position adjustment trend in the fourth quarter
Let’s look at the changes in the positions of the five partial stock funds in the fourth quarter.
The new trend of Huashang preferred flexible configuration mix (166301)
Data source: Butterfly Data
In the fourth quarter, Huashang New Trend Selected 3 new heavyweight stocks, namely Tongling Nonferrous Metals, Yunnan Aluminum, and Dianke Network Security, which belong to two different industries: industrial metals and computer equipment. The three stocks that have withdrawn from the top ten heavyweight stocks are Yintai Gold, Shaanxi Coal Industry and Zhongke Shuguang. Juneyao Airlines, Xindiansoft and Shenhuo also reduced their holdings to a certain extent.
The top ten major holdings hold a total of 21.10%, and the holdings are scattered.
Chinese Merchants Selection Return Mix (010761)
Data source: Butterfly Data
Huashang Selection Report added 4 new stocks in the fourth quarter, namely Jincheng Chengxin, China Software, China Hongqiao and Dianke Network Security, and withdrew from China Coal Energy, Chifeng Gold, Juneyao Airlines and Zhongke Suguang.
Chinese business advantage industry mix (000390)
Data source: Butterfly Data
Among the advantageous industries of Chinese merchants, China Software, Tongling Nonferrous Metals, and Hang Seng Electronics have newly entered, and they have withdrawn from Zhongke Sugon, Chifeng Gold, and China Molybdenum.
Chinese Entrepreneurs Prosperity Growth Mix (630002)
Data source: Butterfly Data
In the advantageous industries of Chinese merchants, China Software, Tongling Nonferrous Metals, and Jincheng Chengxin have newly entered, and have withdrawn from Shaanxi Coal Industry, Intime Gold, and Chifeng Gold.
Huashang Xinxuan returns a one-year holding mix (013958)
Data source: Butterfly Data
Huashang Xinxuan reported that it has newly entered Sanwang Communication, Zuojiang Technology, Dianke Network Security and UFIDA Network, and has withdrawn from Yintai Gold, China Hongqiao, Zhongke Suguang and Pulaike.
Although the holdings of each fund are not the same, the direction of rebalancing is still the same. The top ten heavyweight stocks mainly increased their positions in industrial metals and computer software, withdrew from coal and precious metals, and also reduced their holdings in the direction of aviation and airports.
In addition, the shareholding concentration of several funds is very low.
4. Investment strategy and operation analysis for the fourth quarter
Zhou Haidong’s small composition is still relatively simple, and he briefly introduces his own operation ideas.
Zhou Haidong’s Four Seasons News said that the position direction and the actual position are relatively consistent.
Although Zhou Haidong’s performance is still excellent, the rapid growth of scale is always a major hidden danger, and everyone still needs to pay close attention to it.
Note: The opinions and content of this article are only for the purpose of disseminating information and do not constitute any investment advice. Investment is risky, and you need to be cautious when adding positions.
#雪球星计划公益达人# #2022 Fund Four Seasons News Interpretation#
@今日话题@雪球创作者中心@雪球基金@ETF 星送官
$Chinese Merchants New Trend Mix(F166301)$ $Chinese Merchants Advantage Industry Mix(F000390)$ $Chinese Merchants Selection Return Mix(F010761)$
This topic has 1 discussion in Xueqiu, click to view.
Snowball is an investor social network where smart investors are all here.
Click to download Xueqiu mobile client http://xueqiu.com/xz ]]>
This article is transferred from: http://xueqiu.com/9411213320/240538788
This site is only for collection, and the copyright belongs to the original author.