Japan's GPIF Concentrated 54.5% in Samsung, SK Hynix as of March

According to Yonhap Infomax analysis released on July 8, Japan's Government Pension Investment Fund (GPIF) concentrated over half its Korean stock portfolio in semiconductor leaders as of end-March. Samsung Electronics accounted for 32.4% of GPIF's Korean holdings (approximately 3.9 trillion won), while SK Hynix represented 18.3% (2.2 trillion won). Combined with Samsung preferred shares, the two firms represented 54.5% of GPIF's total 12.1 trillion won Korean equity position.

Beyond semiconductors, GPIF held positions in Hyundai Motor, KB Financial, Hana Financial, Shinhan Financial, Hanwha Aerospace, and biotech firms including Celltrion. Samsung and SK Hynix ranked 19th and 40th respectively among GPIF's global equity holdings, placing them ahead of other major South Korean stocks in the fund's international portfolio.