头部私募仓位“坚挺” 中期市场研判积极

Group 1 - The core viewpoint is that leading private equity firms are showing confidence in the market with high positions, as the average positions of large-scale stock private equity firms have returned to over 80% [1][2] - As of June 13, the average position of large-scale stock private equity firms (those with assets between 5 billion and 10 billion) is 80.15%, significantly higher than the overall industry average of 74.25% [2] - The average position of large-scale stock private equity firms has increased by 1.05 percentage points from the previous week, and has risen by 18.46 percentage points compared to January 3 [2] Group 2 - Despite recent geopolitical tensions affecting market sentiment, leading private equity firms maintain a positive outlook on the mid-term market direction and structural opportunities [4] - The market is expected to stabilize as policies are implemented and the economic fundamentals improve, with A-share equity assets still offering strong long-term investment value [4] - The investment focus includes dividend assets, technology sectors, and pharmaceutical sectors, which are anticipated to perform well [1][5] Group 3 - The decline in the average position of the entire stock private equity industry is primarily due to the drop in positions among smaller-scale private equity firms [3] - Smaller private equity firms, particularly those with assets below 2 billion, have seen a notable decrease in their average positions [3]