《每日经济新闻》获悉，截至今年二季度末，规模达到百亿元的主动权益基金数量进一步缩水，由去年同期的27只减少至24只。其中，规模最大的依然是张 坤管理的易方达蓝筹精选，最新规模为349.43亿元，相比一季度末减少39.65亿元；紧随其后的是葛兰、赵磊管理的中欧医疗健康，以及朱少醒管理的富国天 惠精选成长，最新规模分别为308.01亿元和235.44亿元，相比一季度规模也各有缩水。 如果从全市场基金的角度来看，二季度不少ETF、货币市场基金和债券型基金强势吸金，单季度规模增长超过百亿元，其中有产品单季度规模增加378.38亿 元。 在这24只基金中，规模最大的仍然是张坤管理的易方达蓝筹精选，最新规模为349.43亿元，与去年同期相比减少40.93亿元，与一季度末相比缩水39.65亿 元。 还有一只规模超过300亿元的主动权益基金，葛兰、赵磊管理的中欧医疗健康，最新规模308.01亿元，与去年同期、今年一季度末相比也分别下降了19.86亿 元和3.77亿元。 另外，朱少醒管理的富国天惠精选成长、谢治宇管理的兴全合润最新规模也都超过200亿元，但与一季度末相比规模都有不同程度下滑。 不过与此同时，百亿基金中也有二季度 ...

Core Insights - The article discusses the performance of various funds in the first quarter of 2025, highlighting significant profits and losses among them [1][2][3] Fund Performance Summary - E Fund Blue Chip Selection Mixed Fund (005827.OF) achieved the highest quarterly profit of 3.172 billion, making it the only equity fund to surpass the 3 billion mark [1][2] - The second tier of profitable funds includes Wanji Industry Selection (18.81 million), China Merchants Advantage Enterprises A (16.05 million), and others, indicating a clear performance hierarchy [1][2] - The article notes that the medical sector showed a strong recovery, with China Europe Medical Innovation A reversing a previous loss of 1.718 billion to achieve a quarterly return of 20.33% [2][6] Losses and Challenges - The top loss was recorded by Xingquan Trend Investment (163402.OF) with a quarterly loss of 935 million, reflecting a year-to-date return of -9.64% [3][4] - Other notable losses include Caizhong Value Momentum A (-648 million) and Caizhong Growth Selection A (-521 million), both managed by the same individual, indicating significant challenges in the TMT sector [6][7] - The article emphasizes the risks associated with large funds that may struggle to convert scale into effective returns, as seen with E Fund Blue Chip Selection [6][7] Market Dynamics - The article highlights the contrasting performance of funds, suggesting that investors should be cautious of both oversized funds that may underperform and smaller funds that may show high returns without substantial profit realization [7][8] - The ongoing market differentiation in the second quarter is expected to continue influencing fund performance, with a focus on those that can maintain scale flexibility while efficiently converting profits [7][8]

Core Insights - Despite a volatile overall market in the first quarter of 2025, public funds demonstrated strong resilience, with a notable recovery in the performance of actively managed equity funds [3][4] - The report indicates that 74.97% of the 8097 funds achieved positive returns, with 166 funds exceeding a 20% return and 989 funds surpassing a 10% return [3] - Growth style funds outperformed in the first quarter, with median returns of 14.49% for mid-cap growth and 13.31% for small-cap growth, while large-cap value funds lagged with a median return of approximately 1.50% [3] Fund Performance - The first quarter saw a strong correlation between fund performance and changes in fund size, with better-performing funds attracting more investment [4] - As of the end of the first quarter, the total market fund management scale reached 31.61 trillion yuan, a 9.60% increase year-on-year, while the scale of actively managed equity funds decreased by 5.16% to 3.49 trillion yuan [4] Billion Club Changes - The number of actively managed equity funds with assets exceeding 100 billion yuan decreased from 27 to 26 in the first quarter, with new entrants replacing some previous members [5] - Notable new members include the Yongying Advanced Manufacturing Select and Penghua Carbon Neutrality Theme funds, which have shown strong performance [5][8] Top Performing Funds - The Penghua Carbon Neutrality Theme fund achieved a remarkable return of 60.26%, leading the performance rankings, while the Yongying Advanced Manufacturing Select fund recorded a return of 52.32% [8][10] - The net subscription amounts for these funds were estimated to exceed 7 billion yuan, with significant increases in their total assets [10] Fund Manager Rankings - The top ten fund managers in the actively managed equity fund sector maintained relative stability, with slight internal ranking changes [14] - As of the end of the first quarter, the largest actively managed equity fund was the E Fund Blue Chip Select, managed by Zhang Kun, with a total asset value of 389.08 billion yuan [10][14] Scale Growth - Several fund managers, including those from Fortune Fund and China Europe Fund, reported significant net increases in fund management scale, indicating a positive trend in the sector [15][16] - The scale of the China Europe Medical Health fund, managed by Ge Lan, reached 311.79 billion yuan, making it one of the largest actively managed equity funds [16]

2025年4月26日，威腾电气(688226.SH)发布2024年年度报告。截至2025年4月25日，共有31个机构投资 者披露持有威腾电气A股股份，合计持股量达6672.42万股，占威腾电气总股本的42.63%。其中，前十 大机构投资者包括江苏威腾投资管理有限公司、镇江国有投资控股集团有限公司、扬中绿洲新城实业集 团有限公司、中国工商银行股份有限公司-富国天惠精选成长混合型证券投资基金(LOF)、镇江博爱投资 有限公司、集合-中金精选A、光大保德信量化股票A、华夏中证500指数增强A、华夏智胜先锋股票 (LOF)A、国联匠心优选混合A，前十大机构投资者合计持股比例达42.50%。相较于上一季度，前十大 机构持股比例合计下跌了5.52个百分点。 公募基金方面本期较上一季度持股减少的公募基金共计1个，即富国天惠成长混合(LOF)A/B，持股减少 占比达0.70%。本期较上一季度新披露的公募基金共计24个，主要包括光大保德信量化股票A、华夏中 证500指数增强A、华夏智胜先锋股票(LOF)A、国联匠心优选混合A、中邮专精特新一年持有期混合A 等。本期较上一季未再披露的公募基金共计8个，主要包括集合-中金新锐A、富 ...