"What Did Billionaires Buy? These Two Stocks Take the Top Spots Side by Side"
Kiwoom Analysis Reveals Investment Shift to Semiconductors
High Net Worth Investors Surge by 80-90% in One Year
An analysis of the investment status of high-net-worth individuals, each with over KRW 1 billion in entrusted assets, showed that portfolios have been reorganized around Samsung Electronics and SK hynix over the past year.
According to customer investment data released by Kiwoom Securities on August 25, as of the end of last month, the number of clients with more than KRW 1 billion in entrusted assets had increased by 80.7% compared to the same period last year, and the number of clients with more than KRW 3 billion had grown by about 90%.
An analysis of their investment portfolios indicated that, as the semiconductor rally continued in the Korean stock market this year, the proportion of investments in Samsung Electronics and SK hynix increased significantly.
In July last year, the top stocks held by high-net-worth individuals with over KRW 1 billion were Samsung Electronics, Naver, SK hynix, Kakao, and Doosan Enerbility. However, as of July this year, the top holdings were Samsung Electronics, SK hynix, Hyundai Motor, Doosan Enerbility, and Naver, showing that SK hynix has overtaken Naver to become the second most-held stock.
The rankings for clients with over KRW 3 billion in assets showed a similar pattern. In July last year, the top stocks were Samsung Electronics, Naver, Kakao, SK hynix, and Doosan Enerbility. As of last month, the top holdings shifted to Samsung Electronics, SK hynix, Hyundai Motor, Doosan Enerbility, and Samsung Electro-Mechanics[009150].
Even when broken down by age group, the "top two" domestic stocks held by high-net-worth individuals were Samsung Electronics and SK hynix. However, investors in their 20s and younger, and those in their 30s, tended to hold more SK hynix, while those in their 40s and older showed a stronger preference for Samsung Electronics.
A Kiwoom Securities representative analyzed, "Recently, among high-net-worth individuals, those in their 20s and 30s show a marked preference for stocks with high growth potential, while those in their 40s and above continue to focus on stocks with market leadership and stability."
Hyundai Motor ranked third or fourth among all age groups. In July last year, it was among the top stocks only for those in their 30s and 40s, but this year, its presence expanded to investors from their 20s and younger through those in their 60s and above.
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In addition, as the dividend appeal of Samsung Electronics stood out this year, interest in its preferred shares increased; Samsung Electronics Preferred Shares (Samsung Electronics Preferred Shares) ranked fourth or fifth among investors in their 30s through 60s and above, except for those in their 20s. Meanwhile, Alteogen, Lotte Chemical, Kakao, POSCO Holdings, and other stocks that ranked highly last year have fallen out of the top five this year.
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