加仓电力设备、非银，减仓公用事业、有色

Group 1 - The overall equity position of actively managed equity funds increased to 85.1% in Q3 2024, up by 1.1 percentage points from Q2 2024 [7][8] - The proportion of holdings in the main board decreased significantly, while the positions in the ChiNext and Sci-Tech Innovation Board increased [8][15] - The top five industries by position for actively managed equity funds in Q3 2024 were electronics, electric power equipment, pharmaceutical biology, food and beverage, and automobiles [15][25] Group 2 - In Q3 2024, actively managed equity funds increased their positions in electric power equipment, non-bank financials, automobiles, real estate, and home appliances, while reducing their holdings in public utilities, non-ferrous metals, machinery, electronics, and agriculture [15][25] - The top five industries with increased positions were electric power equipment (+2.2%), non-bank financials (+1.0%), automobiles (+0.5%), real estate (+0.5%), and home appliances (+0.5%) [15][25] - The top five industries with decreased positions were public utilities (-1.2%), non-ferrous metals (-0.8%), machinery (-0.5%), electronics (-0.5%), and agriculture (-0.4%) [15][25] Group 3 - The concentration of holdings in the top 20 stocks increased in Q3 2024, with the top 5 concentration rising from 12.4% to 13.8% and the top 10 from 19.6% to 20.9% compared to Q2 2024 [25][28] - The top five stocks by holdings remained unchanged, including Ningde Times, Kweichow Moutai, Wuliangye, and Midea Group [25][28] - The stocks with the most significant increases in holdings were Kweichow Moutai, Hengrui Medicine, and Luzhou Laojiao, while the largest reductions were in BYD, Luxshare Precision, and Xinyi [25][28] Group 4 - It is anticipated that holdings in certain technology growth and consumer sectors may rebound in Q4 2024, driven by policies aimed at boosting domestic demand and the ongoing development of new productivity and technological innovations [33][34] - The computer and media sectors are expected to benefit from advancements in domestic technology and AI, while consumer sectors such as retail and textiles may also see increased activity due to favorable economic policies [33][34] - The financial sector, particularly non-bank financials and banks, is positioned for potential growth as market conditions improve [33][34]