PAB(SZ:000001) Sou Hu Cai Jing·2026-01-12 02:50Core Insights - The article presents data on the holdings of Patience Capital in publicly listed companies from 2003 to 2025, focusing on the percentage of holdings relative to the fund's net value [1] - The analysis utilizes a comprehensive dataset covering over 40,000 companies, including more than 9,000 firms across various stock exchanges and ETFs, ensuring a thorough examination of Patience Capital's investment style [1] Data Analysis - The methodology for calculating the holdings percentage is based on the approach outlined by Li Xinwu in a top journal, where the fund's holding in a company is expressed as a percentage of the fund's net value [1] - The dataset includes original daily data, but annual data is used for calculations, leading to larger values represented in logarithmic form [1] - The holding data from 2019 to 2003 is noted to be incomplete, but other original data and holdings from 2020 to 2025 were used for extrapolation [1] Reference Data - The article provides specific holding percentages for a particular stock (code: 000001) over the years, showing a significant increase from 1.33% in 2019 to 6.77% in 2025 [1] - The holding percentages for the years 2020 to 2025 are as follows: 5.78% (2020), 7.17% (2021), 7.13% (2022), 7.92% (2023), and 7.05% (2024) [1]