The latest disclosed top holdings of the social security fund show that its investments in the banking sector are valued at over 230 billion yuan.

Wind data shows that as of April 30th, a total of 5399 listed companies have disclosed their first quarter reports for 2025, with the presence of the social security fund among the top ten largest shareholders of 603 listed companies. In the first quarter, the social security fund became a top ten shareholder of 146 stocks and increased its holdings in 151 stocks. In terms of industries, Wind data shows that as of the end of the first quarter, the social security fund's holding market value in the banking industry exceeded 230 billion yuan, and in the non-bank financial industry exceeded 52 billion yuan.