电力设备与新能源2024Q3持仓分析：2024Q3电新行业获基金显著增持

Investment Rating - The report maintains an "Outperform" rating for the electric power equipment and new energy industry [4][11]. Core Insights - In Q3 2024, the electric new energy industry saw a significant increase in fund holdings, with a fund holding ratio of 9.34%, up by 0.81 percentage points from the previous quarter. The industry also has an overweight ratio of 3.03%, which is close to historical average levels [2][5][11]. - The electric new energy industry ranks fourth in fund holding ratios compared to other sectors, with the top three being electronics, pharmaceuticals, and food and beverage. The industry also ranks third in terms of overweight ratio [5][11]. - The sub-sectors of lithium batteries, photovoltaic equipment, and power grid equipment received the most significant increases in fund allocations, with lithium batteries seeing an increase of 5.60 percentage points [6][16]. Summary by Sections Overall Industry - The electric new energy industry fund holding ratio is 9.34%, with a quarter-on-quarter increase of 0.81 percentage points. The overweight ratio is 3.03%, up by 0.39 percentage points, nearing historical average levels [11][12]. Sub-sectors - The fund holding rankings for sub-sectors in Q3 2024 are as follows: lithium batteries (10.36%), photovoltaic equipment (6.77%), and power grid equipment (3.44%). The largest increases in fund allocations were for lithium batteries (+5.60 percentage points), photovoltaic equipment (+3.22 percentage points), and power grid equipment (+1.64 percentage points) [6][16]. Key Companies - The top fifteen heavily held stocks in the electric new energy sector include CATL, China Yangtze Power, Sungrow Power Supply, and others. CATL and Sungrow Power Supply saw significant increases in fund holdings, with respective increases of 1.16 and 0.17 percentage points [7][22]. Investment Recommendations - The report suggests focusing on leading companies with advantageous market positions and innovative technologies. For the photovoltaic sector, recommended companies include Sungrow Power Supply, LONGi Green Energy, and others. For the wind power sector, companies like Dongfang Cable and Zhongtian Technology are highlighted. In the lithium battery sector, CATL and EVE Energy are recommended [24][25][26].