[Alpha Biz= Ellie Kim] South Korea’s institutional investors, including the National Pension Service, have purchased more than ₩1 trillion worth of shares in major semiconductor companies this month, signaling a shift toward bottom-fishing amid recent market volatility.

According to industry data on June 12, pension funds recorded net purchases totaling ₩1.0113 trillion in shares of SK Hynix and Samsung Electronics.

Among individual stocks, SK Hynix saw the largest net buying at ₩771.1 billion, followed by Naver (₩339.8 billion), Samsung Electronics (₩240.2 billion), Shinhan Financial Group (₩83.6 billion), and Samsung Life Insurance (₩55.1 billion).

Despite these targeted purchases, pension funds remained net sellers of the broader KOSPI market, offloading a total of ₩421.3 billion during the same period.

Market observers note that pension funds appear to be selectively increasing exposure to large-cap semiconductor stocks while reducing positions elsewhere.

In the previous month, pension funds had taken profits at higher price levels, recording net sales of ₩748.4 billion in SK Hynix. However, with recent corrections in both SK Hynix and Samsung Electronics, institutional investors are now seen as taking advantage of lower valuations to rebuild positions.

 

 

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