Zhong Guo Zheng Quan Bao·2025-11-16 22:33Group 1 - As of November 14, 2023, 19 public funds have achieved a doubling of performance this year, all of which are actively managed funds, indicating the unique advantages of active investment in capturing excess returns [1] - The performance of these funds has significantly improved since the second quarter, with many fund managers heavily investing in strong sectors such as optical modules, PCB, innovative drugs, and storage [1][4] - A notable increase in the concentration of holdings has been observed, with over 60% of the net asset value of more than half of the funds being concentrated in their top ten holdings by the end of the second and third quarters [1] Group 2 - The top-performing fund, Yongying Technology Smart Selection, has achieved a return rate exceeding 180% this year, with a significant turnover in its top ten holdings throughout the year [2] - The fund manager, Ren Jie, has shown a preference for concentrated holdings, with over 60% of the fund's net asset value consistently allocated to the top ten holdings since its inception [2] - By the end of the second quarter, the fund's top ten holdings were primarily in popular stocks within the optical communication, PCB, and cloud computing sectors, with a significant focus on optical module companies [3] Group 3 - The 19 funds that achieved doubling performance share common characteristics, particularly a strong focus on the optical communication industry chain in the second and third quarters [4][5] - The top holdings of these funds have shifted towards optical module stocks, with a notable number of funds heavily investing in companies like Xin Yiseng and Zhongji Xuchuang [5] - Investments in PCB, storage, and innovative drug sectors have also contributed significantly to the funds' performance, with specific funds like Yongying Technology Smart Selection and Hengyue Advantage Selection showing substantial gains in these areas [6]