（原标题："专业买手"，持仓曝光！） 随着基金2025年三季报披露完毕，有着"专业买手"之称的公募FOF最新重仓基金情况浮出水面。 从三季报披露情况来看，债券型基金仍是FOF重仓"主力军"，占比过半。此外，三季度，不少ETF产品 也成为公募FOF增持和配置重点。具体来看，三季度FOF最爱的前5只基金分别是海富通中证短融ETF、 华安黄金ETF、平安中债-中高等级公司债利差因子ETF、博时中债0-3年国开行ETF、博时上证30年期国 债ETF。 ETF、债基成FOF"团宠" Wind数据显示，公募FOF三季度末重仓的前50大基金中，债券型基金仍是FOF重仓"主力军"，数量达31 只，占比过半。同时，伴随指数投资时代加速到来，被动指数型产品也成为FOF重仓基金。 截至三季度末，海富通中证短融ETF被FOF合计持有市值超32.90亿元，被67只FOF持有，成为FOF持有 市值最高的基金产品。紧随其后的是华安黄金ETF，三季度FOF对其持有市值超17亿元。 此外，平安中债-中高等级公司债利差因子ETF、博时中债0-3年国开行ETF、博时上证30年期国债ETF 等，截至三季度末，FOF对这些基金的持有市值均超10亿元。 ...

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the agricultural chemical industry, specifically focusing on the potassium and phosphorus fertilizer markets, as well as the pesticide sector [1][2][3]. Key Insights and Arguments Potassium Fertilizer Market - Global potassium fertilizer supply has decreased due to reduced production in Russia and Belarus, and a year-on-year production decline of 20% in China from January to August [1][3]. - Potassium fertilizer demand has exceeded expectations, with a current CFR price of $346 per ton in China, which is lower than prices in Southeast Asia and Brazil [1][4]. - Domestic potassium fertilizer prices have risen to 3,200 CNY per ton in Q3, an increase of 200 CNY from Q2, with international prices also showing significant increases [2][4]. - The forecast indicates that potassium fertilizer prices will remain high through Q4 and into Q1 of the following year, with a positive outlook extending at least until mid-2027 due to delayed production from major suppliers [5]. Phosphorus Fertilizer Market - The long-term price center for phosphorus ore is expected to remain high, supported by rigid supply [1][6]. - As of the end of August, the price for 30% grade phosphorus ore in Hubei was 1,040 CNY, remaining stable compared to the previous month [6]. - Phosphorus chemical products have shown mixed performance, with lithium iron phosphate production increasing year-on-year but slightly decreasing month-on-month [9]. Pesticide Industry - The pesticide industry has experienced a downturn over the past three years, but there are signs of recovery as the price index has begun to rebound [12]. - China's pesticide exports are expected to continue increasing by a double-digit percentage on top of a 30% growth from the previous year, despite being in a seasonal lull [13]. - Glyphosate prices have risen from 23,000 CNY per ton to 27,300 CNY per ton, driven by increased overseas planting areas and strong replenishment demand [14][15]. Additional Important Content - The new mineral resources law aims to promote the rational development and utilization of mineral resources, which is expected to support high-quality development in the mining sector [10]. - Companies with rich phosphorus reserves, such as Yuntianhua and Xingfa Group, are recommended for investment due to their strong market positions [11]. - The overall outlook for the pesticide industry is optimistic, with expectations of price increases for more pesticide varieties by the end of the year and into the next year [16]. This summary encapsulates the critical insights from the conference call, highlighting the current state and future expectations of the agricultural chemical industry, particularly in potassium and phosphorus fertilizers, as well as the pesticide market.