张坤、葛兰、刘彦春、谢治宇等明星基金经理调仓动向曝光！下半年看好这些方向！

Group 1 - The article discusses the investment adjustments made by five prominent fund managers in the second quarter of 2025, focusing on their major holdings and market outlooks [3][4][9] - Zhang Kun significantly increased his positions in liquor stocks such as Wuliangye, Luzhou Laojiao, and Kweichow Moutai, while reducing his stake in Alibaba [4][8] - The article highlights that Zhang Kun maintains a stable stock position and emphasizes holding high-quality companies with strong competitive advantages [5][9] Group 2 - Fund manager Ge Lan made substantial adjustments by adding four new pharmaceutical stocks to her portfolio, while reducing positions in others [12][13] - Ge Lan's report indicates optimism in the innovative drug sector, citing ongoing improvements in domestic companies' competitiveness and supportive government policies [13] - Liu Yanchun reduced his holdings in liquor stocks and increased investments in companies like Haida Group and Mindray Medical, expressing confidence in the domestic economic outlook [14][16] Group 3 - Xie Zhiyu reduced his positions in companies like Ningde Times and increased holdings in firms such as Juhua Co. and Haida Group, focusing on sectors like electronics and basic chemicals [20][21] - The article notes that Xie Zhiyu's strategy reflects a shift towards companies with high cost-performance ratios amid market fluctuations [21] - Fu Pengbo maintained a high portfolio allocation, seeking companies with upward economic trends and emphasizing the importance of evaluating existing holdings through upcoming mid-year reports [24][25]