A股连阳行情中，以社保基金为代表的"国家队"成员如何调仓布局？上市公司半年报显现迹象。 Wind数据显示，截至8月12日，社保基金已经现身在41只A股的前十大流通股行列，合计持股市值达到126.22亿元。 其中，被社保基金增持的个股有9只，同时还新进了15只个股；另外还有11只个股被减持，6只个股的持股数不变。从 持有的组合数量来看，已有3只个股被超过2个组合持有，最多的1只被4个组合持有。 调仓方向来看，农商行、饲料、小家电等行业被增持力度较大，常熟银行是截至目前被社保基金持有市值最大的一 只，也是二季度增持股数最多的；而电力、化学原料、医疗器械等则遭到减持，九州药业、杰瑞股份等持股数均出现 明显的缩量。 银行、饲料股被增持 作为首份披露半年报的上市银行股，常熟银行在今年二季度末继续被4家社保基金组合持有，持有家数与一季度末保 持了一致，但合计持有股数环比增加2379.72万股，也是截至目前社保基金增持力度最大的一只。 事实上，常熟银行(601128.SH)从2022年底以来就持续有4只社保基金组合持有，今年一季度，该股曾被社保减持逾 1400万股，但二季度重新加仓。 | 宮号 | 股东名称 | 持股数量( ...

其中，被社保基金增持的个股有9只，同时还新进了15只个股；另外还有11只个股被减持，6只个股的持股数不变。从 持有的组合数量来看，已有3只个股被超过2个组合持有，最多的1只被4个组合持有。 调仓方向来看，农商行、饲料、小家电等行业被增持力度较大，常熟银行是截至目前被社保基金持有市值最大的一 只，也是二季度增持股数最多的；而电力、化学原料、医疗器械等则遭到减持，九州药业、杰瑞股份等持股数均出现 明显的缩量。 A股连阳行情中，以社保基金为代表的"国家队"成员如何调仓布局？上市公司半年报显现迹象。 Wind数据显示，截至8月12日，社保基金已经现身在41只A股的前十大流通股行列，合计持股市值达到126.22亿元。 银行、饲料股被增持 海大集团则是社保基金109组合新进为前十大流通股东；同时，从2022年三季度末以来持续重仓该股的社保106组合， 也在时隔3个季度后重新加仓。 作为首份披露半年报的上市银行股，常熟银行在今年二季度末继续被4家社保基金组合持有，持有家数与一季度末保 持了一致，但合计持有股数环比增加2379.72万股，也是截至目前社保基金增持力度最大的一只。 事实上，常熟银行从2022年底以来就持续有4只 ...

Core Insights - The article highlights the recent movements of social security funds in the stock market, revealing that 11 new stocks were added to their portfolio in the second quarter [1] - A total of 187 companies have released their semi-annual reports, and the top ten circulating shareholders' data indicates the actions of institutional investors [1] Group 1: Social Security Fund Holdings - The social security fund has invested in 32 stocks, with 11 new entries, 6 increased holdings, and 8 reduced holdings, while 7 stocks remained unchanged in their holdings [1] - The stock with the highest number of social security fund shareholders is Su Shi Shi Yan (300416), with 3 funds appearing in the top ten circulating shareholders [1] - The total holding of Su Shi Shi Yan by social security funds is 14.862 million shares, accounting for 2.94% of the circulating shares [1] Group 2: Performance of Newly Acquired Stocks - Among the newly acquired stocks, the highest holding percentage by social security funds is in Zhong Chumai, with a holding ratio of 3.45% [2] - The stock with the largest number of shares held by social security funds is Su Shi Shi Yan, with 14.862 million shares, followed by Zhongyuan Expressway (600020) and Ta Pai Group (002233) with 13 million and 12.166 million shares, respectively [2] - In terms of performance, 10 out of the newly acquired stocks reported a year-on-year increase in net profit, with Ta Pai Group achieving the highest growth rate of 92.47% [2]

半年报密集披露，机构最新持仓动向曝光!二季度社保基金新进股共有10只。 目前共有156家公司已经公布半年报，前十大流通股东数据透露出机构行踪。证券时报·数据宝统计显 示，社保基金共现身30只股，调仓动向方面，二季度社保基金新进10股、增持6股、减持8股，社保基金 持股量保持不变的有6股。 社保基金新建仓股票中，从前十大流通股东名单中社保基金家数来看，社保基金家数最多的是苏试试 验，共有3家社保基金出现在前十大流通股东名单中，即全国社保基金六零二组合、全国社保基金六零 一组合、全国社保基金五零二组合，分别位列公司第5大、第7大、第10大流通股东，持股量合计为 1486.20万股，占流通股比例为2.94%。 从持股比例看，新进股中社保基金持有比例最多的是中触媒，持股量占流通股比例为3.45%，其次是北 鼎股份，社保基金持股比例为3.16%，持股比例居前的还有苏试试验、果麦文化、塔牌集团等。 从持股量统计，社保基金新进的个股中，持股量最多的是苏试试验，共持有1486.20万股，塔牌集团、 北鼎股份等紧随其后，持股量分别为1216.58万股、1000.00万股。 业绩方面，社保基金新进股中，半年报净利润同比增长的有9 ...

目前共有116家公司已经公布半年报，前十大流通股东数据透露出机构行踪。证券时报·数据宝统计显 示，社保基金共现身22只股，调仓动向方面，二季度社保基金新进8股、增持5股、减持7股，社保基金 持股量保持不变的有2股。 半年报密集披露，机构最新持仓动向曝光!二季度社保基金新进股共有8只。 社保基金新建仓股票中，从前十大流通股东名单中社保基金家数来看，社保基金家数最多的是苏试试 验，共有3家社保基金出现在前十大流通股东名单中，即全国社保基金六零二组合、全国社保基金六零 一组合、全国社保基金五零二组合，分别位列公司第5大、第7大、第10大流通股东，持股量合计为 1486.20万股，占流通股比例为2.94%。 （文章来源：证券时报网） 业绩方面，社保基金新进股中，半年报净利润同比增长的有7家，净利润增幅最高的是塔牌集团，公司 半年报共实现净利润43539.69万元，同比增幅为92.47%，净利润同比增幅居前的还有思维列控、中触媒 等，净利润分别增长59.76%、31.52%。（数据宝） 社保基金新进股一览 | 证券代码 | 证券简称 | 社保基金家数 | 社保基金持股量（万股） | 占流通股比例（%） | 行业 | | ...

Wind数据显示，截至8月4日15:30，共有83家A股上市公司披露2025年半年报，社保基金出现在13家上市公司前十大流通股东名单中。 2025年二季度，社保基金新进成为4家上市公司的前十大流通股东，对3家上市公司的持股数量增加。根据已披露的半年报，截至二季度末，社保基金合计持 股数量达1.60亿股，持股市值为41.26亿元（按照二季度末收盘价计算）。 从社保基金持仓市值排名看，社保基金对海大集团的持仓市值达12.32亿元，位居第一；藏格矿业、海信家电的持仓市值分居第二、第三位，分别达7.73亿 元、4.60亿元。此外，社保基金对东方雨虹持仓市值超4亿元，对宏发股份持仓市值超3亿元。 | 代理 | 名称 | | 培设量(同時) | | | | --- | --- | --- | --- | --- | --- | | | | 45.El. | (स्प्रेस) | 上期 | ↓本目 | | 002311.SZ | ：海大集团 | 2.103.4350 | 1.015.0118 | 1.088.4232 : | 123,240.26 | | 000408.SZ | ：藏格矿业 | 1,812.0000 | ...

Core Viewpoint - The National Social Security Fund (社保基金) has made significant moves in the first quarter, revealing its investment strategies through the disclosure of its major holdings and changes in stock positions. Group 1: Major Holdings - The top five stocks held by the social security fund, with market values exceeding 2.3 billion yuan, are SANY Heavy Industry (三一重工) at 3.352 billion yuan, Transsion Holdings (传音控股) at 2.891 billion yuan, Yun Aluminum (云铝股份) at 2.513 billion yuan, Sun Paper (太阳纸业) at 2.405 billion yuan, and Hualu Hengsheng (华鲁恒升) at 2.342 billion yuan [3][4]. Group 2: New Additions - In the first quarter, the social security fund entered the top ten shareholders of 215 companies, with Baosteel (宝钢股份) being the most favored, acquiring 158 million shares valued at 1.14 billion yuan [4][5]. Group 3: Increased Holdings - The fund increased its holdings in 145 companies, notably in Gemdale Corporation (金地集团) and Small Commodity City (小商品城), with increases of over 30 million shares each [6][7]. Group 4: Specific Stock Changes - Specific increases include 39.68 million shares in Gemdale, 33.32 million shares in Small Commodity City, and 19.33 million shares in China Merchants Shekou (招商蛇口) [8][9]. - The fund also reduced its holdings in China Aluminum (中国铝业) and Shanxi Coal (山西焦煤) by over 50 million shares each [9].

Core Viewpoint - The article highlights the recent movements of social security funds in the A-share market, indicating a significant increase in holdings across various companies, with a focus on the newly added positions in the top ten circulating shareholders. Group 1: Social Security Fund Holdings - In the first quarter, social security funds entered the top ten circulating shareholders of 215 companies, with Zhongtong Bus having the highest number of new holdings at 3 [1] - Other companies with 2 new holdings each include Lens Technology, Inner Mongolia First Machinery, Anke Electric, Xueda Education, Focus Technology, Haixing Electric, Zhenhua Co., Juewei Food, Zhujiang Beer, Beidahuang, Anda Intelligent, *ST Songfa, Hehe Information, Aoshikang, and Limin Co. [1] Group 2: Company-Specific Insights - Zhongtong Bus saw a new holding value of 137 million yuan, with a net profit of 76.51 million yuan in Q1, representing a year-on-year increase of 80.52%. The company is expected to continue its upward profit trend due to strong overseas orders [2][3] - Lens Technology's new holding value reached 1.088 billion yuan, with Q1 revenue of 17.063 billion yuan, up 10.10% year-on-year, and a net profit of 429 million yuan, up 38.71% year-on-year, driven by growth in smartphone and computer-related businesses [3][4] - Inner Mongolia First Machinery's new holding value was 295 million yuan, with a Q1 net profit of 186 million yuan, reflecting an 11.03% year-on-year increase. The company is positioned to benefit from the global military trade market's upward cycle [4][5] - Anke Electric's new holding value was 251 million yuan, but it reported a net profit of 43.72 million yuan, down 28.92% year-on-year. The company is actively pursuing international collaborations following discussions at the Dubai Power Exhibition [5]

Core Insights - The social security fund has invested in 478 stocks by the end of Q1, with 46 stocks held for over 20 consecutive quarters [1] - The fund's long-term holdings include 257 stocks held for more than four quarters, with 169 stocks held for over two years [1] - Notable long-term holdings include China Overseas Land & Investment, Zhongnan Media, and others, with the longest-held stock being China Overseas Land & Investment since Q2 2011 [1] Holdings Overview - The top holdings by quantity include Changshu Bank (254 million shares), Hualu Hengsheng (122 million shares), and China Jushi (84.52 million shares) [2] - The highest holding percentages are Changshu Bank (8.42%), Hualu Hengsheng (5.77%), and Keri International (5.70%) [2] - Among the 46 stocks, 12 saw an increase in holdings, with significant increases for Huayu Automotive (62.65%), Hualu Hengsheng (19.18%), and Yanjinpuzi (17.90%) [2] Performance Analysis - Of the 46 stocks, 28 reported year-on-year profit growth, with notable increases from Xiantan Co. (583.83%), Zhongyuan Media (234.61%), and China Jushi (108.52%) [3] - Conversely, 17 stocks experienced profit declines, with the largest decreases from Tianrun Dairy (-1713.36%), China Overseas Land & Investment (-303.09%), and Zhongqi Co. (-245.04%) [3] - Stocks with consistent profit growth over the past three years include Aide Biology, Yutong Bus, and Blue Sky Technology [3] Industry Distribution - The 46 stocks are concentrated in industries such as basic chemicals (6 stocks), automotive (5 stocks), and pharmaceutical biology (5 stocks) [2] - The main board contains 30 stocks, while the ChiNext board has 15 stocks, and the Sci-Tech Innovation board has 1 stock [2]

Core Insights - The Social Security Fund (SSF) has invested in 87 stocks as of the end of Q1, with 24 stocks held for over 8 consecutive quarters, indicating a long-term investment strategy [1][2] Group 1: Investment Holdings - The SSF's longest-held stock is Zhongyuan Media, held for 43 quarters since Q3 2014, with a current holding of 10.54 million shares, representing 1.58% of the circulating shares [1][3] - Other notable long-term holdings include WoWo Biological (42 quarters), Blue Sky Technology (28 quarters), and Yilian Network (27 quarters) [1][3] - The top three stocks by SSF holding volume at the end of Q1 are Mingtai Aluminum (71.30 million shares), Shenhuo Co. (51.96 million shares), and Guanglian Da (42.17 million shares) [1][3] Group 2: Changes in Holdings - Among the 24 continuously held stocks, three saw an increase in SSF holdings, with China West Electric, Yanjin Shop, and Yilian Network increasing by 27.55%, 17.90%, and 11.98% respectively [2][3] - Thirteen stocks experienced a reduction in holdings, with the largest decreases in holdings for Taoli Bread, Huate Dain, and Shengquan Group, with reductions of 54.74%, 50.27%, and 49.99% respectively [2][3] Group 3: Industry Distribution - The 24 continuously held stocks are concentrated in the basic chemicals, pharmaceutical biology, and non-ferrous metals sectors, with 7, 3, and 3 stocks respectively [2][3] - In terms of market segments, 15 stocks are from the main board, 7 from the Growth Enterprise Market, and 2 from the Sci-Tech Innovation Board [2][3] Group 4: Financial Performance - Among the 24 stocks, 18 reported year-on-year net profit growth, with significant increases noted for Xiantan Co. (583.83%), Zhongyuan Media (234.61%), and Kaili New Materials (90.48%) [3][4] - Five stocks reported a decline in net profit, with the largest decreases for Huaheng Biological, Shenhuo Co., and Taoli Bread, with declines of 40.98%, 35.05%, and 27.07% respectively [3][4]