Input 2021.02.14 13:52
According to the stock status data (Form 13F) reported by the National Pension Service to the Securities and Exchange Commission (SEC) on the 14th, the National Pension has held Tesla stocks of $7.92 million (approximately 8.8 billion won) as of the end of the third quarter of 2014. . As of the end of the third quarter of 2014, Tesla’s share price was $48.54 (a par value of $9.91). Applying the par value split in August of last year and the stock price as of February 13 ($813.32), the 6-and-a-half-year new return is 8278%. It is close.
According to another source, data from the Fund Management Division, the National Pension Service held 182.4 billion won worth of Tesla shares as of the end of 2016. The proportion of holdings was 76th among overseas stocks, and the amount of investment was large considering Tesla’s market capitalization ($34.4 billion) at the time. GM (#74), another automaker with a similar share of investment, has a market cap of $52.7 billion, far exceeding Tesla.
From 2016 to 2019, the Tesla holdings of the National Pension Service steadily maintained at the level of 0.42 to 0.44%, but assuming that the share of Tesla at the end of 2019 (0.42%) remained the same until recently, the current valuation of Tesla’s shares held by the National Pension Service is approximately It is estimated to reach 3.6 trillion won. It is estimated that the valuation gain will be over 3 trillion won.
As reflecting this, the national pension’s overseas stock investment performance is far ahead of the domestic stock performance. From the establishment of the fund in 1988 until 2019, the annual average return of overseas stocks is around 10.08%. On the other hand, the average annual return of domestic stocks during the same period was 5.59%.