Chapter 045 [The attention of large capital institutions (additional meals)]
That night, when the net worth was updated, a large number of redemptions ushered in, but it took T+3 days for the funds to arrive. Most of the investors who chose to redeem the fund were investors who were pursuing huge profits. Now they plan to redeem the funds to speculate in stocks themselves.
.
Not long after the net value update came out, Tiansheng Pioneer Hybrid Fund also released its latest position announcement. The top ten stocks with heavy holdings were finally updated to March 31.
The latest announced top ten stocks and their holding ratios are:
Zhongguo CSR (601299)—9.98%
Zhongguo CNR (601766)—9.98%
Zhongguo Zhongtie (601390)—9.98%
Zhongguo Railway Construction (601186)—9.98%
Longji Shares (601012)—5.35%
Damine (002030)—4.23%
Yuanguang Software (002063)—4.16%
Jinlong Electromechanical (300032)—3.75%
Delfuture (002631)—3.28%
Tonghuashun(300033)—3.08%
When investors look at the top ten stocks of Tiansheng Pioneer Hybrid Fund, the top four stocks all have the prefix Zhong, which is far beyond their expectations.
I finally understand why the recent rally has slowed down, and the North and South vehicles have been suspended. This accounted for 20% of the total holdings of the fund, and it has not contributed any net value in the past few days.
As for Zhongtie and China Railway Construction, they have been adjusting for several days, and today they opened high and closed low again, turning green and closing.
Although the following six major holdings are also heavy holdings, their combined total positions only account for 23.85%. Although they have all reached their daily limit today, they have been dragged down by the four major names.
But what is surprising is that Lu Ming did not expect that Lu Ming would restock North and South Cars in a big way. This is an unexpected surprise. After this wave of mergers, the market will definitely rise sharply. By then, the merger into "Zhong Guo Zhong Che" will equal one target.
The proportion of holdings is as high as 20%.
Seeing the latest announcement of the position details, some practitioners who wanted to study found that it was really mixed. In addition to the four concentrated holdings prefixed with the prefix "Zhong", the other announcements were all a mess, including securities companies, photovoltaics, etc.
There are genes, there are Internet homes...
However, the announcement of this position has no useful reference value, because tomorrow, in addition to the unchanged prefix "Si Da Zhong", Lu Ming has made another one-day swap of the remaining constituent stocks.
In the next few trading days, the net value increase of Tiansheng Pioneer Hybrid was as steady as an old dog, basically just outperforming the market by a few tenths of a point.
Some investors have endured it because they saw that 20% of the positions in the four major companies with the prefix "Dazhong" are North and South vehicles. After the resumption of trading on April 7, there are expectations of a big market. At the same time, Zhongtai and China Railway Construction have also almost adjusted.
?It’s time to rush, right? By then, you won’t be so stretched out, right?
With the expectations of many investors, CRRC Zhongguo has finally resumed its trading.
…
Tuesday, April 7th.
This morning, as soon as the call auction opened at 9:15, Zhongguozhongche directly opened the daily limit after the resumption of trading. It did not open until the end of the bidding, and directly opened the daily limit.
After 9:25, the buy orders on the board were blocked.
People who bought the Tiansheng Pioneer Mixed Fund saw the word "Zhongche" on the board and commented in the comments that they were eating big meat today.
At around 9 p.m., the updated net worth data was:
2.6082 yuan (+1.78%)
The data results were shocking, and expectations were met with disappointing results. You can imagine what the comments on the major consignment platforms will look like.
"Today the market has risen by +2.52%, and it has started to underperform the market. Can you believe it?"
“Why has it risen so little?”
"Dacheng has flexible arrangements to come and see the legendary enchantress. It's more than 4 o'clock today and it's very comfortable..."
"20% of the Zhongche holdings of the combined North and South cars are flat today. The other two Zhongche haven't fallen much today. The other major holdings are also OK. Why are there so few? According to the net value estimate, it will be worse today.
There are more than three, right?”
"I must have eaten it secretly!"
"I ate it secretly. I'm afraid I built a lot of rat barns."
"I'm afraid I won't be eating secretly for a day or two!"
"I suggest the management to check Tiansheng Fund and Lu Ming."
"Hot chicken, redeemed, wasted good money!"
"Let's just say, how can there be such a noble person in this world!"
"The brain is a good thing, but now it is said that fund managers are either novices or fools. How should we think it was seven or eight years ago? To take a step back, Tiansheng Pioneer Hybrid has gained huge attention from the market because of being a monster. Many people
Everyone is watching, but no one with any brain would risk his life and build a rat barn at this time."
"Isn't one or two points a day a stable happiness? No matter how good the Tiansheng Pioneer Mix is, it still has zero retracement and continues to be popular every day. Isn't this good enough?"
…
The next day.
Morning meeting at Wanxiang Group headquarters.
"How much do you know about this Lu Ming?" Wang Yue, the president of Wanxiang Group, said to the management personnel attending the meeting. Wanxiang is a large capital operation institution with many over-the-counter capital allocation platforms.
A capital group with assets of RMB 350 billion, but its headquarters is not in Ningzhou.
"This person is indeed worth studying. He has doubled his investment by 10,000 times in three months, and the funds he manages have increased by 160% in less than a month."
"That's true. It's no exaggeration to say that such a return is a 'monster'. Individual stocks can be considered a monster."
"Recently, this young trader is not very recognized by his investors. Some people even think that he is running a rat position and stealing money."
"Haha, are you talking about those Christians? Stealing money? The two major exchanges have organized fund managers to visit the real-time monitoring hall of the exchange. Every fund manager I know sincerely said 'I want to be a good person' after coming out.
.”
"The so-called rat warehouse is the lowest level of clumsy means. If you really want to stir up trouble, and use the bridge to bridge the gap with industrial capital, it is the real weapon."
Several top managers at the meeting exchanged words with each other. At this moment, one of the senior analysts suddenly said: "I don't know if you have noticed the special changes in the recent net value changes of Tiansheng Pioneer Hybrid Fund."
Wang Yue looked at him curiously: "How do you say this?"
"Mr. Wang, the recent changes in the net value of this fund make me feel... as if they are deliberately controlling its growth. Especially in the recent period, no matter how the market rises or falls, no matter whether the market is hitting new highs or correcting, the sky is the same.
Shengxianfeng Mixing continues to maintain an unshakable daily net value growth within the range of 1.5 to 2 percentage points."
As soon as these words came out, everyone couldn't help showing expressions of surprise, looking at each other, and the conference room suddenly became quiet.
Looking back, it seems that this is indeed the case, it really feels like I am being highly controlled.
"This...if it's true as you say, Lu Ming's trading ability is truly terrifying. He can control the net worth trend of a hybrid public fund at a high level, which is ten times or a hundred times more difficult than controlling an individual stock!"
The net value of the fund is the comprehensive net value derived from all holdings of constituent stocks, and each stock rises and falls inconsistently. Judging from the top ten holdings of constituent stocks recently announced by Tiansheng Pioneer Hybrid Fund, it is obvious that they involve different industries.
sector, this becomes even more uncontrollable.
"Is this possible? Is there really such a gifted person in the world?"
"I don't know, I'm just guessing, but I think the recent performance of the funds he manages is worthy of scrutiny and study."
"It has reached 10,000 times in three months. Even after deleveraging, it has reached more than 1,400 times. Ordinary traders cannot do it. He can be called a genius player."
"One thing I don't understand is that assuming he intends to control the increase in net worth, why would he do this? What is the motive? What is the purpose? Judging from the current situation, it is obviously very detrimental to Tiansheng Fund Company and himself."
When Wang Yue heard this series of questions raised by his subordinates, he was thoughtful for a moment and suddenly felt a little shocked. He immediately said: "This young man is not simple. He is cooling himself down!"
Cool down?
Wang Yue continued: "If Tiansheng Pioneer Mix keeps increasing its net worth by seven to eight or even more than ten percentage points, what's the point? Let's study Lu Ming in a targeted manner, observe him for a while, and then find someone.
If I have the opportunity to meet him, such a talent should do private equity. I believe many people are willing to ask him to do private equity. I can give him at least 5 billion yuan."
"Mr. Wang, can you consider acquiring his Tiansheng Capital?"
"No, if my guess is correct, don't do this kind of wasted effort. How can such a person be willing to rely on others? Don't seek annexation and cooperation. The benefits of becoming friends are not low.
When the time comes, I, Wanxiang Group, will come to visit you and say goodbye, so please give me the courtesy first."
"clear!"
…
(Ps: The PC version shows that the fan list exceeds 300, fulfilling the previous promise of adding more updates. Although it is a new book issue... If someone has a cute lead, the fourth update will be sent immediately. Anyway, there will be no one who will be so cute. Please read it for fun.
