Core Viewpoint - Jianerkang (603205.SH) reported a slight decrease in institutional investor holdings in its third-quarter report for 2025, indicating a potential shift in investor sentiment within the medical device sector [1] Group 1: Institutional Holdings - As of October 30, 2025, four institutional investors disclosed holdings in Jianerkang A-shares, totaling 13.1551 million shares, which represents 8.43% of the total share capital [1] - The combined institutional holding ratio decreased by 0.12 percentage points compared to the previous quarter [1] Group 2: Public Fund Holdings - One public fund, the Medical Device ETF, increased its holdings during this period, with an increase ratio of 0.12% [1] - A total of 138 public funds did not disclose their holdings this quarter, including several notable funds such as the China Securities Medical Device ETF and the China Securities Healthcare Equipment and Services ETF [1]