FPT Sees Multi-Million Share Purchases by ETFs Ahead of Holiday Period

ETF Rebalancing Data Shows FPT as the Most Heavily Bought Stock with 7.2 Million Shares

Aggregated trading data from exchange-traded funds (ETFs) indicates that FPT was the most heavily accumulated stock, with net purchases of 7.2 million shares.

The Ho Chi Minh City Stock Exchange (HOSE) has announced the updated constituent portfolios of the VNDiamond index for its semi-annual review in Q2 2026, along with revised weightings for the VN30 and VNFinLead indices.

Accordingly, ETFs tracking these indices carried out portfolio rebalancing activities primarily on April 29, ahead of the official effective date of May 4, 2026.

Notably, FPT saw a significant increase in its weighting due to a “technical” adjustment in market capitalization calculations, with its capped weight contribution factor raised to 80.5% (up 42.7%).

On the downside, KDH has been placed on the watchlist for potential removal from the VNDiamond index due to its failure to meet the minimum foreign ownership limit (FOL) requirements. Being placed on the watchlist means KDH’s weight contribution is reduced by 50%, bringing it down to approximately 0.8%. As a result, the FUEVFVND ETF is expected to divest nearly 4 million KDH shares.

Within the VN30 basket, weight reductions were mainly concentrated in banking stocks, as their maximum market capitalization caps were slightly adjusted downward following relatively stable performance since the beginning of the year.

Conversely, FPT continued to attract strong net inflows within the VN30 index, benefiting from the relaxation of weight cap constraints.

ETF transaction data shows that, in addition to FPT’s 7.2 million shares purchased, SHB and OCB each saw net buying of over 1 million shares. Other stocks also recorded net inflows, including MBB, VIX, HPG, ACB, TCB, BID, MSN, and VNM.

On the selling side, VPB saw net outflows of 4.1 million shares, KDH 3.9 million shares, MWG 1.7 million shares, and PNJ 1.4 million shares. Other stocks facing selling pressure included REE, NVL, VIC, MSB, and VHM.

In the trading session before the holiday (April 29), FPT shares closed at VND 75,500 per share, up 1.48%.

An ETF (Exchange-Traded Fund) is a passive investment fund designed to track a benchmark index (such as VN30, VNFinLead, or VNDiamond). Its portfolio may include stocks, bonds, or other assets. ETF units are listed and traded on stock exchanges like regular equities, allowing investors to diversify their portfolios efficiently at relatively low cost.