百亿私募狂冲87%仓位，创185周新高

Core Insights - The stock private equity position index has reached a new high of 81.13% as of November 14, 2025, marking a significant increase of 1.05% from the previous week and achieving a peak not seen in 112 weeks [1] - The surge in the index is primarily driven by a concentration of medium-position private equity funds increasing their holdings, with full-position private equity now accounting for 65.9% [1] Group 1: Private Equity Position Statistics - As of November 14, 2025, the position index for different scales of stock private equity shows significant variation, with the following percentages: over 100 billion at 87.07%, 50-100 billion at 83.56%, 20-50 billion at 78.67%, 10-20 billion at 80.48%, 5-10 billion at 80.86%, and 0-5 billion at 80.09% [2][3] - The proportion of full-position private equity funds over 100 billion has increased to 73.41%, while the medium-position funds have decreased to 18.47% [2] Group 2: Market Dynamics and Trends - The continuous rise in private equity positions is attributed to the sustained upward trend in the A-share market since August, which has improved performance and provided confidence for institutional investors to increase their holdings [6] - Policy support for the long-term healthy development of the capital market and the ongoing trend of asset allocation towards equity markets have reinforced the consensus on the long-term value of A-shares [6] - Large private equity firms are leveraging their research capabilities in emerging industries like technology and innovative pharmaceuticals to capture structural opportunities, which has led to an overall increase in industry positions [6]