Group 1 - The stock private equity positions remain high, indicating institutional confidence in the market outlook, with a private equity position index of 83.16% as of December 19, despite a slight decrease of 0.43 percentage points from the previous week [1] - The distribution of positions shows a decrease in fully invested (over 80%) private equity firms to 69.44%, while the proportion of medium-positioned (50% to 80%) firms increased to 18.49%, indicating a shift in strategy among some institutions [1] - Large-scale private equity firms maintain a higher position allocation than the market average, with firms managing 50-100 billion having a position index of 88.61%, the highest among all categories [1] Group 2 - Looking ahead to 2026, the company holds a positive market outlook but advises investors to lower return expectations, focusing on defensive strategies while seeking further opportunities for profit expansion [2] - The company is optimistic about sectors such as technology, innovative pharmaceuticals, and advanced manufacturing, while also exploring contrarian investment opportunities in consumer, military, and real estate sectors that have been overlooked for a long time [2]
仓位高位运行 私募调仓换股寻良机
Xin Hua Cai Jing·2025-12-26 08:02