Finance · 2 sources combined
National Pension Q3 Trading
Sold AI chip stocks, bought cosmetics
In short
The National Pension Service reduced its stake in AI chip stocks while increasing stakes in cosmetics and construction stocks.
It is interpreted as purchasing cosmetics stocks at low prices after their share prices fell significantly.
As of end of August this year, the National Pension Service fund's return on investment was 14.77%.
Key facts
| When | Changes in shareholding were disclosed on October 30 through the Financial Supervisory Service's electronic disclosure system. |
|---|---|
| Who | The National Pension Service Corporation adjusted its shareholdings in Q3 holdings. |
| What | It increased stakes in cosmetics and construction stocks such as PharmariSearch and LG Household & Health Care, while reducing stakes in AI chip stocks such as BH. |
| How | It realized gains from AI chip stocks that surged during the AI rally, and purchased cosmetics and construction stocks at low prices after their declines. |
What it means for me
National Pension Service subscribers should reference the fund management flow and changes in returns.
Retirees receiving pensions should note that fund returns are connected to the stability of pension finances.
