Report Summary 1. Report Industry Investment Rating - No information provided in the given content. 2. Core Viewpoints - The report presents a daily tracking of the positions of stock index futures, including IF, IH, IC, and IM. It shows the changes in total positions and the significant changes in the top 20 seats for each variety on December 22, 2025 [1][4][10][15][21]. 3. Summary by Variety IF (CSI 300) - Total position decreased slightly. On December 22, the total position of the IF variety decreased by 4,811 lots, and the position of the main contract 2603 decreased by 4,969 lots [1][4]. - Among the top 20 long - position seats, Guotai Junan Futures ranked first with a total position of 42,961 lots. Everbright Futures had the most long - position increase (485 lots), and Guotou Futures had the most long - position decrease (1,851 lots) [5]. - Among the top 20 short - position seats, CITIC Futures ranked first with a total position of 37,313 lots. Hongyuan Futures had the most short - position increase (291 lots), and Dongzheng Futures had the most short - position decrease (986 lots) [7]. IH (SSE 50) - Total position decreased slightly. On December 22, the total position of the IH variety decreased by 1,324 lots, and the position of the main contract 2603 decreased by 674 lots [1][10]. - Among the top 20 long - position seats, Guotai Junan Futures ranked first with a total position of 8,952 lots. CICC Wealth had the most long - position increase (181 lots), and CITIC Futures had the most long - position decrease (517 lots) [10]. - Among the top 20 short - position seats, CITIC Futures ranked first with a total position of 13,483 lots. Huatai Futures had the most short - position increase (363 lots), and CITIC Futures had the most short - position decrease (847 lots) [11]. IC (CSI 500) - Total position increased slightly. On December 22, the total position of the IC variety increased by 3,675 lots, and the position of the main contract 2603 increased by 1,090 lots [1][15]. - Among the top 20 long - position seats, Guotai Junan Futures ranked first with a total position of 40,517 lots. Huatai Futures had the most long - position increase (363 lots), and Haitong Futures had the most long - position decrease (953 lots) [16]. - Among the top 20 short - position seats, CITIC Futures ranked first with a total position of 44,063 lots. Guotai Junan Futures had the most short - position increase (1,799 lots), and Haitong Futures had the most short - position decrease (1,061 lots) [18]. IM (CSI 1000) - Total position decreased slightly. On December 22, the total position of the IM variety decreased by 5,032 lots, and the position of the main contract 2603 decreased by 4,095 lots [1][21]. - Among the top 20 long - position seats, Guotai Junan Futures ranked first with a total position of 49,518 lots. Shenyin Wanguo Futures had the most long - position increase (542 lots), and Guotai Junan Tai Futures had the most long - position decrease (2,134 lots) [21]. - Among the top 20 short - position seats, CITIC Futures ranked first with a total position of 71,513 lots. Everbright Futures had the most short - position increase (502 lots), and Haitong Futures had the most short - position decrease (2,228 lots) [23].

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88818051 E-Mail：yeqianning@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓明显下降 | 国君多空头各减仓 2000 手左右 | | 上证 | 50 | IH2512 | 总持仓小幅下降 | 中信多空头各减仓超 1000 手 | | 中证 | 500 | IC2512 | 总持仓小幅下降 | 国君多头加仓、空头减仓逾千手 | | 中证 | 1000 | IM2512 | 总持仓保持稳定 | 华泰多头加仓超千手 | 股指期货持仓日度变动简评 -9,138.0 -5,058.0 -9,914.0 -11,346.0 -7,388.0 -3,596.0 -4,162.0 -876.0 -12,000 -10,000 -8,000 -6,000 -4,000 -2,000 0 IF IH IC IM 主力合约持仓变动 ...

电 话：020-88818051 E-Mail：yeqianning@gf.com.cn 目录： 股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓明显上升 | 中信多空头各增仓超 2000 手 | | 上证 | 50 | IH2512 | 总持仓小幅上升 | 中信多空头各增仓 2000 手左右 | | 中证 | 500 | IC2512 | 总持仓小幅上升 | 中信多空头加仓逾千手 | | 中证 | 1000 | IM2512 | 总持仓明显上升 | 中信多空头均加仓超 3000 手 | 股指期货持仓日度变动简评 -4,561.0 592.0 -4,521.0 -1,039.0 7,169.0 4,369.0 2,642.0 9,226.0 -6,000 -4,000 -2,000 0 2,000 4,000 6,000 8,000 10,000 IF IH IC IM 主力合约 ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88818051 E-Mail：yeqianning@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓小幅下降 | 前二十席位多头增减仓不一 | | 上证 | 50 | IH2512 | 总持仓小幅下降 | 中信多空头各减仓千手左右 | | 中证 | 500 | IC2512 | 总持仓保持稳定 | 国君多头加仓逾千手 | | 中证 | 1000 | IM2512 | 总持仓小幅上升 | 海通多空头均加仓 2000 手左右 | 股指期货持仓日度变动简评 -7,233.0 -3,701.0 -2,550.0 -3,702.0 -3,493.0 -3,696.0 902.0 3,359.0 -8,000 -6,000 -4,000 -2,000 0 2,000 4,000 IF IH IC IM 主力合约持仓变动 总持仓变动 数据来源：Wi ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88818051 E-Mail：yeqianning@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓大幅上升 | 中信多空头各加仓超 3000 手 | | 上证 | 50 | IH2512 | 总持仓明显上升 | 国泰君安多空头均加仓近 2000 手 | | 中证 | 500 | IC2512 | 总持仓明显上升 | 国君多空头各加仓超 3000 手 | | 中证 | 1000 | IM2512 | 总持仓大幅上升 | 国君多空头均加仓 4000 手以上 | 股指期货持仓日度变动简评 叶倩宁（投资咨询资格：Z0016628） 电话：020-88818051 邮箱：yeqianning@gf.com.cn 本报告中所有观点仅供参考，请务必阅读正文之后的免责声明。 2025 年 12 月 8 日星期一 广发期货早评 [股指期货] ◆ IF ...

股指期货持仓日度跟踪 投资咨询业务资格： 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓小幅下降 | 中信多空头各减仓近 2000 手 | | 上证 | 50 | IH2512 | 总持仓小幅下降 | 前二十席位减仓为主 | | 中证 | 500 | IC2512 | 总持仓明显下降 | 国君多空头各减仓近 3000 手 | | 中证 | 1000 | IM2512 | 总持仓大幅下降 | 国君多空头均减仓 3000 手左右 | 股指期货持仓日度变动简评 -5,723.0 -2,692.0 -10,513.0 -11,986.0 -3,942.0 -3,020.0 -8,576.0 -13,768.0 -16,000 -14,000 -12,000 -10,000 -8,000 -6,000 -4,000 -2,000 0 IF IH IC ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓明显上升 | 中信多空头各增仓超 2000 手 | | 上证 | 50 | IH2512 | 总持仓小幅上升 | 国君多空头各增仓近千手 | | 中证 | 500 | IC2512 | 总持仓明显上升 | 国君多空头各增仓近 2000 手 | | 中证 | 1000 | IM2512 | 总持仓大幅上升 | 国君中信均明显增仓 | 股指期货持仓日度变动简评 3,766.0 2,099.0 6,171.0 11,621.0 10,409.0 3,910.0 10,653.0 23,105.0 0 5,000 10,000 15,000 20,000 25,000 IF IH IC IM 主力合约持仓变动 总持仓变动 数据来源：Wind 广发 ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2512 | 总持仓小幅下降 | 中信多空头各减仓超 2000 手 | | 上证 | 50 | IH2512 | 总持仓小幅下降 | 海通空头减仓超千手 | | 中证 | 500 | IC2512 | 总持仓小幅下降 | 国君多空头各减仓 1000 手以上 | | 中证 | 1000 | IM2512 | 总持仓小幅下降 | 国君中信均减仓为主 | 股指期货持仓日度变动简评 -7,168.0 -5,275.0 -6,889.0 -7,566.0 -5,611.0 -5,305.0 -3,458.0 -5,286.0 -8,000 -7,000 -6,000 -5,000 -4,000 -3,000 -2,000 -1,000 0 IF IH IC IM 主力 ...

股指期货持仓日度跟踪 投资咨询业务资格： 2025 年 12 月 2 日星期二 证监许可【2011】1292 号 联系信息： 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2509 | 总持仓小幅上升 | 国君多头增仓超 1000 手 | | 上证 | 50 | IH2509 | 总持仓小幅上升 | 中信多空头各增仓超千手 | | 中证 | 500 | IC2509 | 总持仓小幅下降 | 中信多空头各减仓 2000 手以上 | | 中证 | 1000 | IM2509 | 总持仓小幅下降 | 中信多空头各减仓超 3000 手 | -3,201.0 1,252.0 -4,945.0 -10,392.0 2,426.0 2,830.0 -3,110.0 -6,814.0 -12,000 -10,000 -8,000 -6,000 -4,000 - ...

股指期货持仓日度跟踪 投资咨询业务资格： 广发期货研究所 电 话：020-88830760 E-Mail：zhaoliang@gf.com.cn 目录： 股指期货： IF、IH、IC、IM | 品种 | | 主力合 约 | 总持仓点评 | 前二十席位重要变动 | | --- | --- | --- | --- | --- | | 沪深 | 300 | IF2509 | 总持仓小幅下降 | 前二十席位减仓为主 | | 上证 | 50 | IH2509 | 总持仓小幅下降 | 前二十席位增减仓不一 | | 中证 | 500 | IC2509 | 总持仓小幅下降 | 国君多空头各减仓 1000 手以上 | | 中证 | 1000 | IM2509 | 总持仓小幅下降 | 前二十席位变化不大 | 股指期货持仓日度变动简评 -6,878.0 -3,281.0 -6,350.0 -4,215.0 -5,574.0 -3,106.0 -5,890.0 -4,064.0 -8,000 -7,000 -6,000 -5,000 -4,000 -3,000 -2,000 -1,000 0 IF IH IC IM 主力合约持仓变动 ...