新华财经上海9月26日电 根据私募排排网最新数据，截至2025年9月19日，股票私募仓位指数为 78.41%，较此前一周上升0.37个百分点，实现连续第二周上涨。同时，在经历持续加仓后，当前股票私 募仓位指数已刷新今年以来的最高水平。 从股票私募的仓位分布情况来看，满仓私募（60.01%）占比最高，其次是中等仓位私募（23.68%）， 而低仓和空仓私募占比相对较低，分别为11.18%和5.13%。对比此前一周数据，中等仓位占比明显提 升，同时低仓占比大幅下降。这一数据变动揭示，本次仓位指数的上涨主要由低仓私募向中等仓位的迁 移所驱动，预示着私募整体乐观情绪正在扩散。 分规模来看，截至2025年9月19日，100亿以上、50-100亿、20-50亿、10-20亿、5-10亿和0-5亿规模股票 私募，仓位指数依次为79.95%、85.56%、75.19%、76.28%、76.74%和79.02%，环比前一周，除仓位已 处高位的50-100亿规模私募微降外，其他规模私募仓位普遍提升。值得关注的是，百亿级私募加仓意愿 最为坚决，单周加仓1.73%，并且连续2周大幅加仓达12.84%，凸显出其明确的做多意向。 从仓位结 ...

百亿私募加仓力度最大，与前一周相比仓位指数大涨11.11%，升至78.22%。满仓百亿私募占比逾五 成。数据显示，当前满仓百亿私募占比达54.04%，中等仓位百亿私募占比为38.82%，低仓和空仓百亿 私募占比仅为5.28%和1.86%，合计占比不足一成，进一步印证了头部私募机构对后市行情的坚定信 心。 (责任编辑：叶景) 从具体仓位分布来看，当前市场中高仓位私募占比处于绝对主导：60.02%的股票私募处于满仓状态， 23.34%的股票私募维持中等仓位，而低仓与空仓的股票私募合计占比不足20%，多数私募机构选择积极 布局市场。 从规模来看，不同体量的股票私募呈现出差异化的仓位特征，其中头部私募的表现尤为突出。数据显 示，截至9月12日，100亿元以上、50亿元-100亿元、20亿元-50亿元、10亿元-20亿元、5亿元-10亿元和5 亿元以下规模私募，仓位指数依次为78.22%、86.49%、74.22%、75.88%、76.28%和78.85%。其中50亿 元-100亿元规模私募仓位最高达86.49%，创出近3年新高。 在A股市场持续上涨的推动下，股票私募近期迎来显著加仓动作，整体仓位水平已攀升至年内新高， ...

【深圳商报讯】（记者 陈燕青）在A股市场持续上涨的推动下，股票私募近期迎来显著加仓动作，整体 仓位水平已攀升至年内新高，彰显出私募机构对后市行情的乐观预期。据私募排排网最新数据显示，截 至9月12日，股票私募仓位指数达到78.04%，相较于前一周的75.08%，单周大幅上涨2.96%，且当前仓 位指数已与年内新高持平，整体配置积极性明显提升。 从具体仓位分布来看，当前市场中高仓位私募占比处于绝对主导：60.02%的股票私募处于满仓状态， 23.34%的股票私募维持中等仓位，而低仓与空仓的股票私募合计占比不足20%，多数私募机构选择积极 布局市场。 从规模来看，不同体量的股票私募呈现出差异化的仓位特征，其中头部私募的表现尤为突出。数据显 示，截至9月12日，100亿元以上、50亿元-100亿元、20亿元-50亿元、10亿元-20亿元、5亿元-10亿元和5 亿元以下规模私募，仓位指数依次为78.22%、86.49%、74.22%、75.88%、76.28%和78.85%。其中50亿 元-100亿元规模私募仓位最高达86.49%，创出近3年新高。 百亿私募加仓力度最大，与前一周相比仓位指数大涨11.11%，升至78 ...

Group 1 - The A-share market has seen a recent rise, leading to a slight increase in stock private equity positions, with significant accumulation observed among billion-yuan private equity funds [1] - As of July 25, the stock private equity position index stands at 75.85%, up 0.76% from the previous week, while the billion-yuan private equity position index is at 78.47%, a substantial increase of 5.69% [1] - Nearly 60% of stock private equity funds are fully invested, with 57.23% at full position, 24.84% at medium position, 11.57% at low position, and 6.36% at empty position [1] Group 2 - Over 62% of billion-yuan private equity funds are fully invested, with 62.24% at full position, 31.12% at medium position, 3.63% at low position, and 3.00% at empty position [1] - Private equity research activities have significantly increased in July, with total research occurrences surpassing 1,700 [1] - As of July 24, 590 private equity managers participated in A-share listed company research, covering 26 primary industries, with a total of 1,313 research occurrences [1] Group 3 - The computer industry has emerged as the focal point for private equity attention, receiving 209 research occurrences, the highest among all industries [2] - The electronics industry follows closely with 179 research occurrences, while the biopharmaceutical industry also attracts significant interest with 160 research occurrences [2]

Core Insights - The A-share market is experiencing a significant increase in private equity fund positions, with the stock private equity position index rising to 77.36%, a notable increase of 2.07% from the previous week, approaching a new high for the year [1] - The willingness to increase positions is particularly pronounced among large-scale private equity funds, with the index for billion-level stock private equity reaching 83.26%, up 3.3% from the previous week, marking a new high in nearly 93 weeks [1] - Over 60% of stock private equity funds are fully invested, with 60.66% at full position and 21.73% at medium position, indicating that more than 80% are at half position or above [1] - Among billion-level private equity funds, over 70% are fully invested, with 72.41% at full position and only 3.73% and 3.49% at low and empty positions, respectively [1] Performance Metrics - The overall trend shows a clear "position increase" characteristic for both stock private equity and billion-level private equity, reflecting optimism among private equity institutions regarding future market performance, especially among top-tier private equity firms [2] - Among 51 billion-level private equity funds with performance disclosures, the average return for the first half of the year was 10.87%, significantly outperforming the 0.03% increase of the CSI 300 index during the same period, with 94.12% of these funds achieving positive returns [2]

Group 1 - The average position of billion-level private equity funds has reached 80.15%, significantly higher than the overall level of 74.25% [1][4] - Nearly 60% of billion-level private equity funds are operating at full positions, indicating a strong bullish signal [1][5] - In contrast, the average position of small and medium-sized private equity funds has decreased, with those in the 10-20 billion range dropping from 74.47% to 68.57% [2][5] Group 2 - The decline in average positions among small and medium-sized private equity funds is the main reason for the overall decrease in stock private equity positions [2] - Factors contributing to the high positions of large private equity funds include recognition of overall market valuation, long-term economic outlook, and the ability to identify structural opportunities [6][10] - Large private equity funds are more inclined to maintain high positions due to their strong capital and professional research teams, reflecting a positive outlook on future market conditions [5][6] Group 3 - Recent market conditions have led to a cautious risk appetite, with average daily trading volume in A-shares declining from 1.4 trillion to 1.2 trillion [8] - Despite the cautious sentiment, various funds are still flowing in, including foreign capital and increased issuance of equity funds [8] - Some private equity institutions believe that while there are no significant systemic opportunities, there are still structural highlights in the market [9]

Group 1 - The A-share market is experiencing a structural fluctuation, with private equity institutions actively conducting research activities [1] - In May, 876 private equity managers participated in company research, covering 494 companies across 90 secondary industries, with a total of 2,544 research instances [1] - The semiconductor industry topped the research frequency with 226 instances, indicating strong interest from private equity institutions [2] Group 2 - In May, 30 semiconductor-related companies received attention from institutions, with Anji Technology being the most researched stock at 75 instances [3] - Other notable stocks in the "Top 10 Hot Research Stocks" include Huichuan Technology, Hengerd, BeiGene, and others, with Hengerd showing a nearly 90% price increase in May [3] - Besides semiconductors, industries such as medical devices, general equipment, automation equipment, specialized equipment, and chemical pharmaceuticals also garnered over 100 research instances [3] Group 3 - As of the end of May, the average position of domestic long-biased private equity funds reached 77%, up 1 percentage point from the previous month [4] - 94% of long-biased private equity funds had positions above 50%, with 43.3% having positions over 80%, indicating a relatively optimistic market outlook [4] - In May, 48 private equity institutions conducted more than 10 research instances, with Zhengyuan Investment leading at 72 instances [4] Group 4 - Public equity funds also maintained high positions, with an average position of 92.91% as of May 23, reflecting strong confidence in the equity market [4]