Net Buying Rebounds for 10th Straight Day to NT$14.1 Billion in a Single Day
October 27, the first trading day for Taiwan stocks after the long holiday, saw buying by actively managed ETFs at full force. According to tracking by the Boboliu Speculation Command, consensus additions of more than NT$100 million per transaction totaled NT$16.8 billion, with reductions of NT$2.6 billion, for combined net buying of NT$14.1 billion. Before the holiday, daily net buying had cooled from the October 15 high to around NT$6 billion; after the holiday, with only 22 ETFs reporting data, it rebounded to NT$14.1 billion, second only to the October 15 level.
Fund flows have now posted net buying for 10 consecutive trading days, with amounts of NT$14.8 billion, NT$13.2 billion, NT$9.5 billion, NT$7 billion, NT$7.3 billion, NT$6 billion, and then NT$14.1 billion on October 27, showing continued inflows. However, net buying was highly concentrated, and the overall figures alone cannot be taken to mean all actively managed ETFs favor the same stocks. A single large purchase can lift the total, and differences in stock selection among investment trusts warrant attention.
00406A Scoops Up NT$10.46 Billion, Targeting Semiconductor Chain
CTBC Taiwan Income 00406A was the single-day focus, with net buying of NT$10.46 billion, accounting for more than 70% of total net buying. All 26 transactions over NT$100 million were additions, with only Hermes Epitek fully liquidated, and newly established positions in Fulltech Fiber and Taiwan SMT. Major additions were 410 lots of TSMC for about NT$980 million, Jentech for about NT$890 million, 800 lots of Unimicron for about NT$870 million, plus MediaTek for about NT$720 million, Asia Vital Components for about NT$720 million, MPI for about NT$590 million and Nan Ya PCB for about NT$560 million.
For newly established positions, 00406A bought 3,200 lots of Fulltech Fiber for about NT$430 million and 1,430 lots of Taiwan SMT for about NT$410 million, covering semiconductors, AI cooling, substrates and related electronics supply chains.
TSMC Added by 5 Funds as Unimicron and ASE Attract Inflows
TSMC was a consensus addition among actively managed ETFs. On October 27, 5 ETFs bought it together for a total of about NT$2.15 billion, including 410 lots by 00406A and 375 lots by 00981A, with 00992A, 00415A and 00410A also joining. Unimicron attracted about NT$1.55 billion, with 00982A newly establishing 400 lots for about NT$440 million. ASE Technology Holding attracted about NT$1.41 billion, with 00981A buying 1,073 lots to reach 9,968 lots, alongside additions by 00403A, 00406A and 00991A. Nan Ya Plastics has appeared on the list for 7 consecutive trading days since October 15.
00405A Cuts Global Unichip and AVC Against the Trend, Showing Divergence
Fubon Taiwan Dragon 00405A reduced positions, selling 100 lots of Global Unichip for about NT$750 million, cutting holdings from 173 lots to 73 lots, a reduction of nearly 60%, and selling 150 lots of Asia Vital Components for about NT$480 million to 128 lots, with Airoha left with only 1 lot. On the same day, 00406A added about NT$380 million in Global Unichip and about NT$720 million in Asia Vital Components, a sharp contrast in direction. Separately, 00403A cut 4,000 lots of UMC for about NT$500 million to 6,000 lots, shifting to add ASE Technology Holding, ASPEED and Asia Vital Components, while 00982A cut 250 lots of Wiwynn for about NT$480 million to establish a position in Unimicron. 00992A added across the board for net buying of NT$1.68 billion, while 00415A added about 3% to 4% across 31 stocks.