百亿私募持仓变化透视分析

Core Insights - The article analyzes the changes in private equity fund holdings based on the top ten shareholders and circulating shareholders data, revealing significant shifts in stock positions among private fund managers in Q2 2025 [1][2][3]. Private Fund Holdings by Industry - In Q2 2025, the electronics, basic chemicals, and pharmaceuticals sectors saw the highest number of stocks entering the top ten list, with counts of 16, 12, and 12 respectively. Compared to Q1 2025, there was a notable increase in stocks from the food and beverage, light industry manufacturing, and building materials sectors, while the most significant withdrawals occurred in the electric equipment and new energy, national defense, and steel sectors [3][4]. Top 20 Stocks with Increased Holdings - The analysis identified the top 20 stocks with the highest increase in private fund holdings, predominantly in the electronics, basic chemicals, and pharmaceuticals sectors. Notable stocks with increased holdings include Taiji Group, Sophia, Tianhao Energy, Kuaijishan, and Zhongsheng High-Tech [6][7]. Top 20 Stocks with Decreased Holdings - Conversely, the top 20 stocks with the largest decrease in private fund holdings were primarily in the electric equipment and new energy, electronics, and basic chemicals sectors. Stocks such as BeiGene-U, Dailor New Materials, Jingjiawei, Feilida, and Hengmingda experienced the most significant reductions in holdings [8]. Individual Fund Manager Activity - Fund managers such as Ying Shui, Rui Jun, and Feng Liu made notable adjustments in their portfolios during Q2 2025. For instance, Ying Shui increased holdings in Fangbang Co., Huazhi Co., and Shengxiang Bio, while reducing positions in Changyang Technology and Tian Neng Heavy Industry [9][10][12]. Feng Liu raised stakes in Taiji Group and Songji Co., while decreasing holdings in Ruifeng New Materials and Titan Technology [14][18]. Summary of Fund Manager Changes - The article provides a detailed breakdown of individual fund managers' activities, highlighting specific stocks they increased or decreased holdings in, reflecting their strategic adjustments in response to market conditions [9][10][12][14][18].