计算机行业周报：24Q3计算机板块基金持仓复盘

Investment Rating - The investment rating for the computer industry is "Leading the Market - A" and the rating is maintained [3][19]. Core Views - The industry is expected to shift from underweight to benchmark weight, indicating a potential investment opportunity as market activity increases [8][9]. - The current holding ratio of active management public funds in the computer industry is 2.22%, which has decreased by 0.47 percentage points from Q2 2024 and by 2.83 percentage points from Q3 2023. This indicates a continued low allocation to the computer sector [2][8]. - The computer sector's market capitalization accounts for 3.93% of the total A-share market capitalization, suggesting that funds are maintaining a low allocation to this sector [2][8]. - The report highlights that the current holding level has returned to historical lows, only slightly above the lowest point in Q4 2017 [2][8]. Summary by Sections 1. Industry Perspective - The report indicates that the main focus for increased allocation is on brokerage IT and self-controllable technologies, with AI remaining a key investment theme [9][10]. - The top 20 heavy stocks include companies like Dongfang Wealth, Tonghuashun, and AI-related firms such as Cambricon and Zhongke Shuguang [9][10]. 2. Market Performance Review - The computer industry index decreased by 0.78% this week, underperforming compared to the Shenzhen Component Index, which increased by 2.53% [11][12]. - The report notes that the computer sector ranks 28th among 30 industry indices, indicating weaker performance relative to other sectors [14]. 3. Industry News Overview - Significant developments in artificial intelligence include Microsoft's integration of AI agents in Dynamics 365 and Qualcomm's collaboration with Google on AI automotive systems [17]. - The report also discusses the growth of low-altitude economy initiatives in Shenzhen, with an expected industry output exceeding 200 billion yuan [17]. - Huawei's HarmonyOS NEXT has gained significant market share, indicating strong growth in the domestic operating system market [17].