First 1000 points to the first quarter of the Social Security Fund at least float 2 billion yuan?

*st (000036.SZ) is only the first case in which the Social Security Fund successfully copied four quarters last year.　　2008, the National Social Security Fund equity investment yield of 6.75%, the establishment of 8 years of equity investment for the first time, so that the Social Security Fund and its trustee's investment ability is questioned. However, since the four quarter of last year, the Social Security Fund has increased significantly in two consecutive quarters, allowing it to benefit from the rebound this year.　　Social security for this market grasp ability not only earlier than the public fund, or even more than experienced qfii. Data show that the National Social Security Fund 2008 new sources of funding 45.6 billion yuan.　　As of the end of the year, the National Social Security Fund total assets of 562.5 billion yuan, set up eight years accumulated investment income of 160 billion yuan, the overall annual yield of 8.98%, over the same period of annual inflation rate.　　The first net profit of 2 billion yuan last year in the middle of the four quarter, a-share bottoming out, Social Security Fund response is the most rapid and decisive. Statistics show that, as of the end of last year, the Social Security Fund held 134 listed companies, of which 50 companies for the new, 40 overweight, another 23 shares unchanged, reducing the number of home only 21. The first quarter of this year, the Social Security Fund initiative to increase the position is more obvious.　　Of the 164 Social Security shares included in the statistics, the new shares increased to 84, with a slight decrease to 26, with only 15 of the shares unchanged and a decrease in the number of household units to 39. At the end of the first quarter of this year, the Social Security Fund was included in the top ten circulating shareholders of the stock market value of 15.105 billion yuan, compared with the four quarter of last year's 10.206 billion yuan increase of 4.899 billion yuan, an increase of 48.01%, higher than the Shanghai Composite Index in the first quarter 30.34% cumulative gains.　　At the end of the quarter, the Social Security fund totaled 1,400,939,900 shares, adding 114.0616 million shares, or 8.86%, to 1,286,878,300 shares in the four quarter last year. In the early days of the rally, Social Security Fund holdings have a significant increase in the number of new homes, increased warehouse and the number of unchanged home, reducing the number of household growth characteristics. In the first quarter of this year, social security again increased the intensity of positions.　　In the four quarter of last year, the Social Security Fund to lighten or even liquidate a stock of 101, much higher than its third quarter, the number of shares of 75.　　A big shift does not mean that social security funds are still empty, a brokerage researcher pointed out, the move shows that the Social Security fund investment thinking began from conservative to positive. In the current period, the Social Security Fund to reduce the holding of color, electricity, highways and other plates, car stocks are basically empty.　　Although the second position of the Social Security Fund to miss the first quarter of the car and non-ferrous metal plates of the strong rise, but in the small plate real estate stocks, some chemical stocks and pharmaceutical stocks, social security funds have a large range of increase, especially the small plate of the growth of the real estate stocks to make it profitable. such as Wantong Real Estate (600246.SH) The first quarter of this year the highest rise of 143.73%, Social Security Fund 12 million shares, a short period of three months has brought it 138 million yuan income. In addition, the first open shares (600376. SH) has risen 12 per cent this year.9.17%, the Social Security Fund 7.2947 million shares to gain 58.7953 million yuan.　　More than 50% of the 7 real estate stocks that add up to the Social Security Fund have generally risen by more than a quarter, with the real estate index rising by 70.74% in the year, well ahead of a 30.34% increase over the same period. According to statistics, the Social Security Fund, which held and extended its shares to the first quarter of this year in the four quarter of this year, has a net increase of 1.962 billion yuan in the three-month period, well above the 222 million yuan increase in the four quarter last year.　　This shows that last year's four-quarter copy of the bottom of the Social Security Fund at least to get more than 2 billion yuan net profit. It is noteworthy that some of the shares suffered from the continued reduction of social security funds.　　Reporter statistics found that last year four social security reduction of 21 listed companies, 11 again appeared in the first quarter reduction list. Among them, the four quarter ranked social Security heavy warehouse stocks of Shandong high-speed (600350. SH), in the first three quarters of last year, the Social Security Fund has been constantly added, four quarter was reduced 1.6159 million shares, the first quarter of this year was a significant reduction of 32.3432 million shares, the shareholding from 74.6622 million to 42.319 million shares, reducing the proportion of up to 43.32% Guangdong high-speed A (00042.SZ) is also continuously reduced by 2.5001 million shares and 4.0998 million shares. Nopsin of the SME board (002215. SZ), the three whole food (002216.SZ), Song ER Acoustics (002241.SZ), the American state clothing 002269.　　SZ), etc. is also continued to reduce, accounting for more than 1/3. In the first quarter of this year, the social Security reduction object mainly concentrates in the highway, the harbor, the steel, the medicine and so on plate. Board listed companies are to reduce the focus, in fact, most of the SME stock in the period of higher growth, the Social Security Act is better to accept.　　And overweight varieties are mainly concentrated in mechanical equipment, wholesale and retail industry, a high proportion of shares in the new secondary and medium-sized enterprises in the majority.　　Fund, QFII unresponsive and Social Security fund foresight is different, public offering fund last year four quarter performance relatively sluggish, and QFII is simply in the continued to lighten. The liquidity of the fund's holdings was lower than the market average throughout the year. According to the statistics of the day, the total investment turnover rate of the 2008 Annual report was 1.7985 times times, which was significantly lower than the 2.6 times times in 2007. Among them, closed-end fund stock investment turnover rate is about 2.12 times times, open-end fund is 1.78 times times, open stock type is 1.68 times times, mixed type is 1.98 times times, year-on-year all have a big drop.　　The stock investment turnover rate of 31 funds in the partial stock fund is below 1 time times. In the four quarter of last year, there were signs of activity in the public offering fund. The concentration of shares fell slightly to 49.16% in the third quarter, and the shareholding tended to be decentralized. In addition, the share of the Shanghai and Shenzhen 300 index stocks in the fund's heavy stocks fell sharply to 86.14%. And the Shanghai and Shenzhen 300 index of the top 30 weight shares in the fund's heavy stocks in the proportion fell to 59.6%, and the second quarter of 2007And the data for the first quarter of 2008 are basically flat. Large-market shares of the financial sector were "abandoned" by the fund, and medical and other industries are overweight.　　The reduction of the Fund directly resulted in more than 30% per cent of the shares falling in the four quarter. The fund's large-scale operation was in the first quarter of this year, the attitude of the group heating began to change, the concentration of shares fell sharply.　　According to the statistics, last year, the total number of shares of the Fund was 366, which rose to 419 at the end of March this year. In addition, in the first quarter of this year, the overlap of stocks in the partial-stock fund was 1.78, down 25% from last year's highs.　　Banks, securities brokers, real estate, electricity and other sectors of the industry has become an additional warehouse object. Fund active also table now, to have the performance support of the tipped ladies and St shares of the pursuit. According to wind statistics show that the first quarter of this year, there are 3 St stocks were held by the fund heavy warehouse, respectively, the St Cotton High, St million Jie and St. Color. The new energy vehicle concept was paid attention to by the fund.　　At the end of the first quarter, the stock market value of auto and accessories held by the top ten stocks of the fund company amounted to 6.023 billion yuan, rose by 152.19%, and the net worth of the fund rose from 0.13% to 0.31%, and the ratio of the total stock value of the fund rose from 0.59% to 1.18%.　　The investment of QFII is greatly restricted by the international economic environment. In the first quarter of this year, QFII stock market value of 26.356 billion yuan, compared to the four quarter of last year's 20.62 billion yuan increased by 5.736 billion yuan, an increase of 27.82%.　　If the Hang Seng Bank because of the ban on restricted shares of the Societe Generale, the QFII first quarter shareholding market value of 11.67 billion yuan, the quarter of the 11.289 billion yuan increase of 381 million yuan, an increase of 3.38%, far below the market in the same period 30.34% of the gains, the shareholding market value down to 2005 years of Four seasons. At the end of the first quarter, excluding Societe Generale, the total number of QFII shareholding is 965.6807 million shares, which is 390.8817 million shares lower than the last quarter, and the reduction ratio is 28.81%.　　Clearly, following last year's four quarter, the QFII again in the first quarter of large-scale reduction operations. The goal of QFII reduction is mainly in the market. The first quarter qfii reduction and exit Ten circulation stock shareholder's 60 companies, 12 Company's reduction shareholding quantity more than 10 million shares, among them 7 stocks belong to the certificate 100 sub-unit, is the veritable big market stock. Vanke A is the largest number of qfii reduction companies, in addition, China Petroleum, Air China, Datang power generation, Conch Cement, on the Hong Kong group and Pangang Steel vanadium is a qfii reduction in the number of shares of larger companies.