2024年基金年报分析：加仓银行、电子和电力设备，减持医药和计算机

Sector Analysis - The allocation to the Sci-Tech Innovation Board and Hong Kong stocks has increased, while the proportion in the main boards has decreased. As of December 31, 2024, the market value of active mixed funds in the Shanghai and Shenzhen main boards accounted for approximately 60.73%, a decrease of 4.92% compared to June 30, 2024. The allocation to the Sci-Tech Innovation Board, ChiNext, and Hong Kong stocks increased by 0.68%, 1.94%, and 2.26% respectively [10][3][9]. Holding Characteristics - The degree of "herding" remains high, with an increased allocation to small-cap growth stocks. At the end of 2024, the market value of the top 1% of stocks held by active mixed funds accounted for approximately 31.51% of the total stock investment value, showing little change from 31.65% in the mid-year report [12][13][16]. Industry Allocation - Active funds have increased their holdings in the banking, electric power equipment, and electronics sectors while reducing their positions in pharmaceuticals and computers. The top five sectors for active mixed funds as of the end of 2024 were electronics (15.90%), electric power equipment (10.56%), pharmaceuticals (10.26%), food and beverage (6.36%), and automobiles (6.28%) [19][20][21]. Top 20 Fund Companies - The electronics sector is the most heavily weighted industry among the top 20 fund management companies, with 18 out of 20 companies including electronics in their top three sectors. Electric power equipment is the second most frequent sector, appearing in 13 companies' top three [24][25]. Turnover Rate Analysis - The overall turnover rate of active mixed funds has increased. In the second half of 2024, the total turnover rate for various types of active mixed funds was 128.67%, an increase of 16.08% compared to the first half of 2024. The flexible mixed funds had the highest turnover rate at 170.02%, up approximately 29.76% [28][29].