太猛了！百亿私募仓位突破80%，超六成百亿私募满仓干

Core Viewpoint - The article highlights the strong bullish sentiment among billion-dollar private equity firms, as evidenced by their increasing positions in the market, with a significant rise in their overall investment levels and a notable shift towards full positions in their portfolios [2][4][5]. Group 1: Investment Trends - As of May 30, 2025, the billion-dollar private equity position index reached 80.28%, up from 76.18% at the end of April, indicating a 4.1% increase [2]. - Since the end of 2024, billion-dollar private equity firms have increased their positions by 10.01%, reflecting a growing optimism about future market conditions [2]. - Over 60% of billion-dollar private equity firms are currently fully invested, with only 2.14% maintaining a cash position [5]. Group 2: Reasons for Increased Investment - The continuous increase in positions is attributed to three main factors: positive policy signals, improved market expectations, and the current A-share market being at historically reasonable low valuations, providing a good opportunity for long-term investments [4]. - The structural opportunities in the market, particularly in technology sectors such as AI, semiconductors, and consumer electronics, are seen as favorable for investment [4]. Group 3: Changes in Position Distribution - The proportion of fully invested billion-dollar private equity firms rose from 45.25% at the end of April to 60.96%, marking a 15% increase [7]. - The share of firms with medium positions decreased significantly from 40.03% to 26.07%, indicating a shift towards more aggressive investment strategies [7].