The social security fund's heavy holdings in the fourth quarter of last year were announced, with a stock market value of over 460 billion yuan, focusing on hardware equipment, chemicals and other sectors.

With the intensive disclosure of annual reports of listed companies in 2025, the changes in the holdings of the national social security funds in the fourth quarter of last year are becoming increasingly clear. As the "ballast stone" of the capital market, the social security funds continued their steady investment style in the fourth quarter of 2025. From the disclosed data, they appeared in the top ten list of the largest shareholders of 221 individual stocks, with a total market value of holdings reaching 462.45 billion yuan. In terms of adjustment actions, they focused on increasing their holdings in 61 individual stocks, with industries such as hardware equipment, chemicals, non-ferrous metals, and machinery becoming key areas of focus.