股票私募仓位指数创近185周新高

Core Viewpoint - The stock private equity positions have significantly increased for two consecutive weeks, indicating a sustained optimistic sentiment in the market [1] Group 1: Private Equity Position Index - As of November 21, 2025, the stock private equity position index reached 82.97%, marking a substantial increase of 1.84% from the previous week and setting a new high for the year, as well as a 185-week high [1] - The index has maintained a level above 80% for four consecutive weeks, suggesting that recent market adjustments have not caused panic among private equity firms, but rather provided an opportunity for increased positions [1] Group 2: Position Distribution Among Private Equity Firms - The proportion of fully invested private equity firms has risen to 68.99%, while the shares of medium, low, and empty positions have decreased to 18.56%, 8.56%, and 3.89% respectively, indicating a clear trend of increasing investment among private equity firms [3] - Among different scales of private equity firms, those with over 10 billion in assets show the most pronounced optimism, with all scales reporting position indices above 80% [3] Group 3: Recent Trends in Private Equity Positions - The position index for private equity firms with over 100 billion has increased to 89.23%, up from 87.07% the previous week, indicating a strong bullish sentiment [4] - The fully invested ratio for large private equity firms has reached 78.19%, with declines in medium, low, and empty positions [5] Group 4: Drivers of Increased Positions - The increase in positions among private equity firms is driven by three main factors: ongoing policy support improving market sentiment, year-end performance rankings prompting firms to increase positions, and positive expectations for economic recovery and structural opportunities in the coming year [7]