The Pioneer Group of later generations is a very terrifying investment fund, and this horror not only refers to the investment scale of nearly four trillion yuan under its custody, but also very terrifying in other aspects.

For example, in the top 10 companies with the highest market capitalization in the world, Vanguard Group occupies the position of major shareholder.

At present, the world's most valuable company has a total market value of more than $900 billion, and it is about to run for trillions of dollars. Among Apple's major shareholders, Vanguard Group firmly occupies the position of Apple's largest shareholder with 7.06% of the shares. Based on Apple's current market capitalization of $930 billion, the market value of Apple's stock in the hands of Vanguard Group is as high as $65.6 billion!

Google, which ranks second in the world in terms of market capitalization, also occupies the position of Google's largest shareholder with a shareholding ratio of 5.98%, and with Google's current market value of $820 billion, the market value of Google's shares held by Pioneer Group is as high as $49 billion!

The shares of these two companies alone in the hands of Vanguard Group have a market value of more than $110 billion!

Not counting that, Vanguard Group also holds 7.62% of Microsoft's shares, ranking first in Microsoft with a market capitalization of $60.9 billion, holding 5.76% of Amazon's shares, ranking first in Amazon's institutional holdings with a market value of $46 billion, holding 5.98% of Facebook's shares, ranking first in Facebook's institutional holdings with a market value of $36 billion, holding 7.62% of Exxon's Mobil shares, ranking first in Exxon Mobil with a market capitalization of $26.6 billion, and holding 7.63% of Johnson & Johnson ranked Johnson & Johnson No. 1 with a market capitalization of $26.6 billion......

In addition, Vanguard owns 0.2% of Warren Buffett's Berkshire Hathaway, the fifth-largest of all institutional shareholders and less than $1 billion in market capitalization.

In other words, among the top 10 companies in the world by market capitalization, Vanguard Group ranks first in seven of them, and although Berkshire Hathaway's shareholding is not very large, it is Buffett's territory after all, and it is quite good to be able to occupy 0.2% of institutional shares.

As for the remaining two companies, they are both Huaxia companies, and Vanguard Group does not hold shares.

The combined market value of the shares of the eight top 10 companies in the world by market capitalization controlled by Vanguard Group alone exceeds $310 billion!

In addition, Vanguard Group also controls the shares of many influential established companies.

Wal-Mart, which often occupies the top spot in the Fortune 500, has a 4.16% stake in Vanguard Group, ranking first in institutional holdings. Although General Motors has fallen into the fold, it is also a large company in the top 20 of the Fortune 500, and Pioneer Group occupies the largest shareholder of General Motors with a shareholding ratio of 6.42%. As a well-known bank in the United States, Vanguard Group is still its largest shareholder with a shareholding ratio of 7.47%.

There are also Citibank, the largest bank in the United States, Vanguard Group still firmly holds the position of the largest shareholder of this bank with a shareholding ratio of 7.1%; AT&T, that is, the American Telegraph and Telephone Company, Pioneer Group occupies the position of the largest shareholder of the largest telecommunications company in the United States with a shareholding ratio of 7.24%; the largest shareholder of the United Health Group is also Pioneer Group, which occupies 7.04% of the shares of the United Health Group!

(PS: The above data is real, not blind...... ）

These are some of the big companies that everyone is familiar with, those companies that are not well-known but very powerful, and Vanguard Group has participated in the shares.

From the emerging IT industry to the old banking, automobile, insurance, communications, energy ...... The companies invested by Vanguard Group cover almost all industries in the United States, and Pioneer Group holds a large proportion of shares in these companies, and has an important voice in these companies.

It's okay to say that one or two companies, but after Pioneer Group has become the main investor in so many companies, then the significance of Pioneer Group is very unusual. It is no exaggeration to say that the President of the United States does not have as much influence in these large corporations as the Vanguard Group!

This shows how terrifying the Vanguard Group is!

In contrast, hedge funds such as the Quantum Fund and the Tiger Fund are a little bit of a no-brainer! Although these hedge funds are famous, in fact, when they are charging ahead, the huge international funds that eat meat and drink soup behind their butts are the biggest winners. Among these international funds, the real majority are these investment custodians with terrorist energy, such as the Vanguard Group, the Black Rock Group, and the Blackstone Fund......

However, such a company with a huge right to speak has an unbelievable market capitalization. At its current share price, the world's second-largest investment fund itself has a market capitalization of just under $600 million......

In fact, the Vanguard Group, which is so famous, is not just a collection of international funds, but after all, this fund has won nearly $4 trillion in custody assets with a market value of less than $600 million, which is enough to prove how terrifying the efficiency and reputation of the Vanguard Group are.

An investment fund that is so good in later generations, why should Yang Jing let it go?

It is a very easy thing for Yang Jing to directly win the Pioneer Group, which has just developed for more than ten years, is not the giant of the later generations, and the current Pioneer Group is still very immature, Yang Jing can swallow this investment custodian that is still called the Pioneer Fund as long as he moves his fingers.

However, Yang Jing did not swallow the mind of the Pioneer Group. Rather than swallowing it, it is better to let it be in front, whether it is KY Fund or the other six offshore companies, you can become a partner of the Pioneer Group, and then follow the Pioneer Group to quietly eat meat is the best way to operate.

When making plans before, Yang Jing forgot about this investment institution that people talked about in later generations, but now it's not too late to think about it.

However, in order to reap the maximum benefits from the stock market crash and even the various black swan conditions in the financial market in the future through this future partner, this still needs to be carefully discussed. At the same time, Yang Jing also found that some of the plans he had made at the beginning of the year seemed a little too conservative, and that Henry Williams and David Anderson had made more success in the first half of this year's US stock market bull market, and Yang Jing felt that he should change some of his previous plans.

So after talking to David Anderson for a while, Yang Jing gathered Mike Aller, Henry Williams, and Amanda Petrus and Cesar.

"BOSS, in the past eight months, excluding the stocks we bought at the beginning of the year, the total income of our Dragon Fund has reached $18.8 billion. Because of the involvement of the Securities and Exchange Act and Order 144, none of the shares of the major companies we are acquiring in the market except Berkshire Hathaway have more than 5% of the shares, and we currently hold 4.78% of Microsoft, 1.24% of Alcoa, 1.3% of General Motors, and 1.41% of Citibank......"

As the chief financial officer of the Dragon Fund, Amanda Petrus controls the operation of the entire Dragon Fund, and the figures that come out of the mouth of this strong woman are the most real funds and assets of the Dragon Fund at present. These are evidenced by the fact that Amanda Petrus and the other two financial directors who were recruited into the Dragon Fund can attest.

Although these two financial directors are under Amanda Petrus, they are mainly responsible for supervision, so they also have a lot of power, and they are also directly responsible to Yang Jing.

In this time and space, Yang Jing is a person from the future, thanks to the information explosion of the future, he knows the financial market of this time and space best, so at the beginning of the year, he set a series of investment plans.

It's just that the U.S. stock market has been too bullish for most of the past six months, and Yang Jing's plan has fallen behind a bit.

For example, he planned to spend $5 billion to buy stocks of major companies, and then use the remaining $7 billion to speculate on U.S. stock indices and buy stocks that could be reduced at any time.

In other words, the $5 billion that was handed over to David Anderson was used to buy real estate, and the $7 billion that Henry Williams and David Anderson controlled together was used to make money for speculation.

From the beginning of the year to October in 1987, the U.S. stock market was bullish, and if you don't take advantage of this good opportunity to make a big profit, you are really sorry for the big bull market that has been rare in these decades.

So, Henry Williams and David Anderson used the $7 billion to make speculative investments for most of the year, earning more than $10 billion in net profits on stock indices alone.

As for stocks, the two of them are even more big, except for the stocks of those companies that Yang Jing asked to buy that must be purchased with the five billion US dollars, and the other funds, these two are used to buy the shares of many companies.

The stocks of these companies are going to be given up around October, and these stocks have also risen very crazy because of the large amount of money invested by the Dragon Fund, which makes the Dragon Fund earn a lot of profits on these stocks.

It's just that because of the U.S. Securities and Exchange Act and Order 144, none of these stocks can hold more than 5%, otherwise there is not only a lock-up period of up to two years, but also a lot of restrictions when it comes to reducing holdings.

It is precisely because of this that none of the stocks invested by the Evil Dragon Fund to make money exceed 5%.

As for those companies that want to hold shares, such as Microsoft, such as ****, such as Citibank, it is because it is really difficult to acquire shares in the market, so there has been no large-scale acquisition of shares of these companies.

But it doesn't matter, the shareholding ratio is more than 1%, and it is also an important shareholder for these large companies, as long as the stock market crash breaks out on October 19, then the Evil Dragon Fund can use the huge funds earned from the US stock index and other US stocks in the first half of the year to buy back the shares of these companies in the name of share buyback!

This is the so-called "feeding war with war".

This was originally a strategic policy formulated by Yang Jing at the beginning of the year, but now judging from the operation of most of the year, the actual results have far exceeded the plan, so Yang Jing feels that he should be bolder......