8类机构10万亿持仓曝光！国家队、公募、外资、社保等重仓这些股！多只翻倍股在列！

Core Viewpoint - The article analyzes the latest holdings of various institutional investors in the A-share market as of the end of Q3 2025, highlighting the significant presence of public funds, northbound funds, and the "national team" in the market, with a total holding value of approximately 10.84 trillion yuan. Public Funds - Public funds held approximately 3.79 trillion yuan in A-shares, with 3302 companies in their portfolio, and the top 30 holdings valued at over 1.67 trillion yuan [2][3] - The leading stock among public funds is Ningde Times, with a holding value of about 207.1 billion yuan, followed by Guizhou Moutai and Zhongji Xuchuang, each exceeding 100 billion yuan [3] - Among the top 30 holdings, 18 stocks increased by over 50% in the first three quarters, with 9 stocks doubling in value, led by Shenghong Technology, which surged by 581% [3] Northbound Funds - Northbound funds held approximately 2.58 trillion yuan across 3577 A-share companies, with the top 30 holdings valued at nearly 1.04 trillion yuan [6][7] - The top 30 stocks included 14 that increased by over 50%, with 7 stocks doubling, notably New Yisheng, which rose by 345% [6][7] QFII - QFII held nearly 1.237 trillion yuan in A-shares, with the top 30 holdings valued at over 77 billion yuan [9] - The top three holdings were Ningbo Bank, Shengyi Technology, and Shanghai Bank, with 9 stocks increasing by over 100% in the first three quarters [9] National Team - The "national team" held over 4.47 trillion yuan in A-shares, with the top 30 holdings valued at approximately 3.91 trillion yuan [12][13] - Major holdings included Agricultural Bank of China, Bank of China, and Industrial and Commercial Bank of China, with a combined holding value exceeding 3.16 trillion yuan [12] Social Security Fund - The social security fund held over 552.6 billion yuan in A-shares, with the top 30 holdings valued at nearly 394.4 billion yuan [15] - Major holdings included Agricultural Bank of China, Industrial and Commercial Bank of China, and China Pacific Insurance, with 11 stocks increasing by over 30% [15] Insurance Companies - Insurance companies held over 639.3 billion yuan in A-shares, with the top 30 holdings valued at over 441.5 billion yuan [20][21] - The top three holdings were Pudong Development Bank, Industrial Bank, and China Merchants Bank, with Dongshan Precision leading with a 145% increase [20]