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Domestic Equity

The NPS has a long-term investment horizon. Its strategy targets assets with intrinsic values greater than their market values. Investments in domestic equities are made both internally within its investment universe and through external managers in line with its portfolio management strategy for each sub-asset class.

Overview

(in trillion won, as of the end of Q3 in 2024)
Overview

Asset Value Of the Domestic Equities 145.8, Weight in the Total Fund 12.7%, In-house Management Portion of the Domestic Equities 48.9%

Domestic Equities Overview grap : Overview (Unit: KRW in Trillion)
year Total In-house
2019 132.3 71.6
2020 176.7 93.4
2021 165.8 84.3
2022 125.4 62.0
2023 148.0 72.6
2024. 3Q 145.8 71.2
Note:
  • Until a fund management assessment is completed, preliminary estimates are provided.
  • The figures above might not add up due to rounding.

Sector Composition

(As of the end of 2023)
Sector Composition
  • IT 35.4%
  • Industrials 17.7%
  • Consumer Discretionary 9.1%
  • Financials 8.4%
  • Materials 7.9%
  • Health Care 6.9%
  • Communication Services 6.4%
  • Communication Staples 3.5%
  • Energy, Utilities, Real Estate, etc. 4.6%
Note:
  • Data on assets by sector, geography, issuer or type as of the end of the fiscal year is disclosed in the third quarter of the following year according to Article 25 of the Guideline for National Pension Fund Management and Article 39 of the Regulation on National Pension Fund Management.
  • The figures above might not add up due to rounding.

Top10 Holdings

(in 100 million won, as of the end of 2023)
Domestic Equities Top 10 list
No. Company Amount Weight Holding
1 Samsung Electronics 341,048 23.29% 7.28%
2 SK Hynix 82,235 5.62% 7.98%
3 LG Energy Solution 55,196 3.77% 5.52%
4 Samsung Biologics 36,167 2.47% 6.69%
5 NAVER 33,861 2.31% 9.31%
6 Hyundai Motor 30,759 2.1% 7.15%
7 Kia 28,576 1.95% 7.11%
8 POSCO HOLDINGS 26,894 1.84% 6.37%
9 Samsung SDI 24,678 1.69% 7.6%
10 LG Chem 23,484 1.6% 6.67%
Note:

Data on assets by sector, geography, issuer or type as of the end of the fiscal year is disclosed in the third quarter of the following year according to Article 25 of the Guideline for National Pension Fund Management and Article 39 of the Regulation on National Pension Fund Management.