策略跟踪报告：科技成长板块基金配置热度较高

Group 1 - The overall market fund net value increased to 32.19 trillion yuan as of December 31, 2024, with money market funds accounting for 42.27% of the total fund net value, an increase of 0.92 percentage points from the end of Q3 2024 [4][16] - The performance of public funds varied, with an overall three-month return of 0.27%. Bond funds performed well with a return of 1.79%, while mixed funds saw a decline of 0.73% [30][4] - The stock allocation of funds is approximately 80%, with 58% of all funds having stock allocations above 80% [21][55] Group 2 - The top 20 heavy stocks are concentrated in the electronics, non-bank financial, electric power equipment, and pharmaceutical industries, with Ningde Times, Kweichow Moutai, and Midea Group being the top three [39][40] - The electronics sector is the largest heavy stock industry, accounting for 7.08% of the fund's stock investment market value [43] - The funds have increased their positions in the electronics, non-bank financial, and electric power equipment sectors, with significant increases in holdings for stocks like Cambrian and Dongfang Wealth [44][51] Group 3 - The report suggests focusing on sectors with improving industry conditions, technological breakthroughs, and significant performance improvements in the technology innovation sub-sectors [56] - The market continues to favor passive investment strategies, with stock-type ETF fund shares exceeding 2 trillion units as of February 2025 [21][55] - The report highlights the positive impact of new policies on the capital market, which are expected to boost investor confidence [56]