High Net Worth Investors' Top Net Buys Early This Year: "Samsung Electronics and Alphabet"

Samsung Electronics and SK Hynix for Domestic Stocks
Alphabet and Other U.S. Tech Stocks for Overseas Equities

So far this year, Samsung Electronics has been the domestic stock most heavily bought by high net worth individuals. For overseas stocks, Alphabet was their top pick.

On the 16th, KB Securities analyzed the domestic stocks that high net worth individuals (those with an average securities account balance of at least 1 billion won) had net purchased the most from last month through February 9, and found that Samsung Electronics ranked first.

Samsung Electronics accounted for 29% of the total net purchases of domestic stocks by high net worth individuals. The second most heavily bought stock was SK Hynix, which made up 18% of total net purchases. Roughly half of this year’s total net purchases of domestic stocks by high net worth individuals were concentrated in these two stocks.

On the 13th, after KOSPI surpassed the 5,550 level intraday and held near unchanged, an employee in the dealing room at Hana Bank's Seoul headquarters monitors the stock market and exchange rates. That day, the KOSPI index opened at 5,513.7, down 0.16% from the previous session, and recorded an all-time high of 5,558.82 ten minutes after the open. 226.2.13 Photo by Jo Yongjun

Hyundai Motor (9.9%) was the third most heavily bought stock. This was followed by Doosan Enerbility (4.9%), Naver (3.4%), Alteogen (2.6%), and Samsung SDI (2.6%). In addition, the exchange-traded funds (ETFs) that track the rise of the KOSDAQ index, "KODEX KOSDAQ150" and "KODEX KOSDAQ150 Leverage," also ranked among the top net-buy names.

For overseas equities, they broadly bought U.S. technology stocks. Alphabet was the most heavily bought, accounting for 7.2% of the total net purchases of overseas stocks by high net worth individuals. Micron Technology (7.1%) was the second most purchased, followed by Tesla (5.9%), SanDisk (5.3%), the Direxion Daily TSLA Bull 2X Shares ETF (3.3%), Nvidia (2.9%), and Microsoft (2.2%). In addition, amid repeated surges and plunges in silver prices, the "iShares Silver Trust" ETF, which generates returns when silver prices rise, was also added to their shopping list.