> 数据图表谁能回答4.4 保险机构主要通过个股进行高股息投资2025-5-44.4 保险机构主要通过个股进行高股息投资• 重仓个股高股息特征较为明显：保险机构倾向于投资银行、通信、公用事业等高股息行业的股票，这些行业的公司通常业绩稳定、现金流充沛，能够提供持续稳定的分红，符合保险资金长期投资、追求稳定收益的需求。另外，对传统的稳定行业如能源、交通运输等也有一定的配置。• 注重多元化，并动态调整：当市场风格发生切换时，或受国家政策导向影响，保险机构也会相应地调整股票行业配置。保险机构持仓股票行业分布资料来源： wind、平安证券研究所，数据截至2025-03-31，持仓股票行业分布数据统计按上市公司流动股东口径20银行非银金融房地产电子计算机通信传媒食品饮料家用电器农林牧渔纺织服饰商贸零售社会服务轻工制造美容护理医药生物申万一级行业 25年Q1较24年末变动 2020年以来持仓变动 2020Q154.4%1.0%14.6%0.8%1.4%0.4%0.5%2.3%1.1%0.2%0.1%1.2%0.3%0.1%0.1%3.6%0.6%0.4%0.7%1.1%3.1%0.8%0.4%1.2%0.5%2.0%5.2%1.0%0.2%0.5%0.2%0.7%-0.5%-0.2%0.3%-0.4%0.5%-0.2%-1.1%0.1%0.0%0.0%0.0%-0.1%0.2%0.0%0.1%0.0%0.1%-0.6%0.2%0.1%0.0%-0.2%1.7%-0.2%-0.3%-0.8%0.3%0.0%0.3%0.0%石油石化有色金属建筑装饰建筑材料基础化工交通运输机械设备电力设备公用事业煤炭钢铁汽车环保综合国防军工2020Q252.7%1.3%14.5%1.2%1.9%0.4%0.3%2.7%1.1%0.3%0.1%1.2%0.2%0.3%0.2%3.3%0.5%0.4%0.9%1.2%2.1%0.8%0.5%1.5%0.5%2.3%5.5%1.1%0.2%0.6%0.2%2020Q354.7%0.8%14.3%0.8%1.8%0.3%0.8%3.0%1.0%0.3%0.1%1.2%0.2%0.7%0.1%2.7%0.5%0.4%1.2%1.1%1.6%0.7%0.5%1.4%0.4%2.4%4.9%1.2%0.2%0.6%0.2%2020Q457.3%0.8%11.8%0.8%1.8%2.2%0.4%3.4%1.0%0.1%0.1%0.9%0.1%0.7%0.0%1.3%0.7%0.4%1.1%1.3%0.4%0.8%0.8%1.6%0.5%3.0%4.3%0.9%0.3%0.8%0.1%2021Q159.4%0.6%9.9%0.6%1.3%2.1%0.5%3.3%0.6%0.1%0.1%0.8%0.1%0.7%0.0%1.1%0.8%0.5%1.1%1.1%0.4%0.7%1.2%1.3%0.7%2.7%5.6%0.8%0.2%1.5%0.1%2021Q257.6%0.6%9.0%1.1%1.5%2.2%0.6%3.5%0.7%0.1%0.1%0.9%0.1%0.5%0.2%1.4%0.4%0.3%0.9%1.3%0.4%1.3%1.4%1.2%0.8%3.6%5.8%0.8%0.2%1.4%0.2%2021Q357.3%0.5%9.3%1.2%1.5%2.1%0.3%1.2%0.6%0.2%0.1%1.2%0.1%0.5%0.1%1.7%0.1%0.3%0.8%1.4%0.4%1.6%1.8%1.5%0.5%4.4%7.0%1.0%0.2%0.9%0.2%2021Q455.9%0.5%9.0%1.6%1.6%2.3%0.3%1.4%0.5%0.1%0.1%1.5%0.1%0.5%0.1%1.3%0.1%0.2%0.8%1.4%0.5%1.7%1.5%1.8%0.7%4.2%7.7%1.0%0.2%1.1%0.3%2022Q154.6%2.5%10.1%1.7%1.6%2.1%0.3%1.3%0.5%0.1%0.2%1.5%0.1%0.4%0.0%1.2%0.5%0.2%0.6%1.5%0.6%1.2%1.6%1.9%0.6%3.9%7.4%0.5%0.3%0.8%0.2%2022Q250.6%2.3%9.6%2.0%1.4%2.1%0.6%2.0%0.5%0.1%0.3%1.7%0.1%0.4%0.0%2.6%0.5%0.3%0.4%1.5%0.5%1.2%1.7%1.9%0.7%5.0%7.8%0.9%0.3%0.8%0.3%2022Q348.6%2.4%9.7%1.8%1.4%2.6%0.4%2.3%0.6%0.3%0.3%1.7%0.1%0.4%0.0%2.3%0.5%0.2%0.6%1.6%0.5%1.3%1.6%2.0%1.0%3.9%8.9%1.1%0.3%0.7%0.4%2022Q448.0%2.5%8.5%2.7%2.0%3.0%0.4%2.6%0.6%0.3%0.3%1.5%0.3%0.4%0.1%2.5%0.6%0.4%0.7%1.4%0.5%1.2%1.9%2.1%1.3%4.2%7.1%1.4%0.3%1.0%0.4%2023Q144.4%3.2%7.4%3.2%2.5%3.6%0.6%4.2%0.8%0.4%0.3%1.3%0.3%0.5%0.1%2.4%0.6%0.4%0.9%1.4%0.9%1.2%1.8%2.4%1.4%4.0%6.5%1.5%0.3%1.1%0.4%2023Q244.8%3.3%7.2%3.0%2.7%4.7%0.7%2.8%0.5%0.3%0.3%1.3%0.3%0.4%0.1%2.5%0.7%0.6%0.8%1.2%1.0%1.1%1.5%2.2%1.4%4.0%6.8%1.7%0.3%1.4%0.4%2023Q345.1%3.4%6.6%2.2%2.5%4.4%0.6%4.6%0.5%0.2%0.3%1.4%0.2%0.4%0.2%2.8%1.0%0.7%0.9%1.4%1.4%1.2%1.4%2.8%1.4%3.0%5.8%1.7%0.2%1.3%0.4%2023Q445.1%3.2%5.2%2.5%2.7%4.2%0.6%3.3%0.6%0.3%0.4%1.4%0.3%0.3%0.1%3.1%1.1%0.6%1.0%1.7%1.4%1.1%1.8%3.0%1.6%3.3%6.3%1.8%0.2%1.6%0.3%2024Q146.1%3.1%4.0%2.3%2.1%4.6%0.9%4.9%0.4%0.2%0.4%1.0%0.2%0.3%0.1%2.5%1.2%0.6%0.9%2.1%1.4%1.0%1.8%2.8%1.5%2.5%6.9%2.0%0.3%1.4%0.2%2024Q244.6%3.2%3.5%2.2%2.1%4.3%1.4%4.4%0.4%0.2%0.4%0.9%0.2%0.3%0.1%2.5%1.8%0.9%1.4%2.0%1.4%1.1%1.9%3.4%1.6%2.5%8.1%1.8%0.4%1.1%0.1%2024Q344.2%3.9%3.0%2.0%2.2%4.1%1.5%3.5%0.6%0.2%0.4%0.9%0.3%0.3%0.0%2.4%1.8%0.7%1.3%1.8%1.1%1.0%2.1%4.1%1.6%3.1%7.9%2.0%0.5%1.2%0.2%2024Q445.9%2.5%2.8%2.1%2.0%4.6%1.3%2.8%0.8%0.2%0.3%1.0%0.3%0.4%0.1%2.4%2.0%0.5%1.2%1.7%0.8%1.0%2.0%5.3%1.6%3.6%7.6%1.9%0.4%0.8%0.2%2025Q146.6%2.0%2.5%2.3%1.6%5.1%1.0%1.7%0.8%0.2%0.3%1.0%0.2%0.5%0.1%2.5%2.0%0.7%0.6%1.9%1.0%1.0%1.8%7.1%1.3%3.2%6.8%2.2%0.5%1.1%0.1%平安证券综合其他
