Electrifying Investments: Active Equity Funds Spark Interest in Electronic Medicine and Boost Holdings in Midea Group, Foxconn Industrial Internet, and Zijin Mining
- The mid-year fund report reveals that active equity funds maintained significant positions in electronics and medicine during the first half of the year.
- In addition to pharmaceuticals and biology, food and beverages, and mechanical equipment, the proportion of positions in other industries has increased compared to last year.
- At the individual stock level, active equity funds held the highest market value in CATL, reaching 55.545 billion yuan and ranking first.
Active Equity Funds’ Mid-Year Report: Electronics and Medicine Remain Top Picks
The mid-year fund report reveals that active equity funds maintained significant positions in electronics and medicine during the first half of the year. According to data from the Tianxiang Investment Consulting Fund Evaluation Center, the top ten industries with heavy positions in active equity funds accounted for 71.62% of the total, with electronics and pharmaceuticals leading the way at 14.87% and 11.84%, respectively.
In addition to pharmaceuticals and biology, food and beverages, and mechanical equipment, the proportion of positions in other industries has increased compared to last year. This trend is reflected in the annual report, which shows improvements across the board.
At the individual stock level, active equity funds held the highest market value in CATL, reaching 55.545 billion yuan and ranking first. Kweichow Moutai and Luxshare Precision followed closely, with market values exceeding 40 billion yuan. CATL’s grouping degree was relatively high at 2.12%, indicating a high degree of market consistency.
From the perspective of the three sub-categories of active equity funds, six stocks were heavily invested in by active investment stock funds, flexible allocation mixed funds, and equity-oriented mixed funds. These stocks include CATL, Kweichow Moutai, Midea Group, Luxshare Precision Industry, Innolight, and Zijin Mining Group.
According to the fund’s interim report, the top three stocks that active equity funds increased their holdings in the first half of the year were Midea Group, Fii, and Zijin Mining. In contrast, the top three stocks that decreased their holdings were Kweichow Moutai, WuXi AppTec, and Luzhou Laojiao. Notably, the top ten stocks for overweighting all rose significantly, with Xinyi Sheng increasing by over 100%. The top ten stocks for underweighting showed varying degrees of decline, with Zhifei Biotech falling by 54.13%.
Source: Shenzhen Business Daily
Original title: Active Equity Funds Heavily Invested in Electronic Medicine and Increased Their Holdings in Midea Group, Foxconn Industrial Internet, and Zijin Mining