The latest pension fund holdings reveal new trends

On the 28th, a reporter learned from the routine press conference of the Ministry of Human Resources and Social Security that in the first quarter, the total income of the three social insurance funds was 2.54 trillion yuan, and the total expenditure was 2.06 trillion yuan. By the end of March, the cumulative balance was 10.8 trillion yuan, and the overall operation of the funds remained stable. The Ministry of Human Resources and Social Security stated that the next step will be to promote the preservation and appreciation of the funds. It will push for the formulation of the Social Insurance Fund Supervision Regulations and further improve the risk prevention and control system for social security fund management. The regular promotion of entrusted investment work for the basic pension insurance fund will continue. As listed companies’ Q1 2026 quarterly reports enter a dense disclosure period, the latest rebalancing paths for long-term funds such as pensions are gradually emerging. According to statistics by a reporter, as of noon on April 28, pension accounts have appeared among the top ten circulating shareholders in 120 companies, including 53 new entries. From an industry distribution perspective, the overall layout of these 53 new companies is relatively balanced. Combining shareholding quantities and market value analysis, electronics, pharmaceuticals, and basic chemicals are the key sectors that pensions increased their holdings in during the first quarter. (Shanghai Securities News)