在科技大风口下，资金对高弹性品种的追逐体现得淋漓尽致。 作者 | 破浪 编辑 | 小白 回顾刚刚过去的四季度，市场风格极度撕裂，半导体与高端制造的狂欢让部分基民赚得盆满钵满，而 红利与价值的回调又让另一部分人黯然神伤。 在这样冰火两重天的行情下，资金的真实动向尤为值得关注。 虽然"赎回潮"的声音从未停歇，但资金的流向并非一片沉寂。一批产品逆势吸引了大量资金申购，份 额显著增长。 根据Choice数据统计，2025年四季度，共有12只主动权益基金份额增长超过10亿份。 注：基金需成立 于2025年9月30日之前。 今天，风云君就带大家扒一扒，究竟是谁在2025年的收官之战中"赢麻了"。 硬科技赛道疯狂吸金，永赢基金赢麻了 如果说资金有记忆，那四季度最深刻的记忆必定属于硬科技。 在份额增长超10亿的榜单前两名，全部被永赢基金包揽，且增量惊人，而这两只基金都是聚焦科技赛 道。 | | | | 四季度份额增长超10亿份的主动权益基金 | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 代码 | 名称 | 基金经理 | 成立日 | ...

Core Insights - The article provides an overview of the latest fund net asset values, highlighting the top-performing and bottom-performing funds in the market [1] Fund Performance Summary Top 10 Funds by Net Value Growth - The top-performing funds include: 1. 东方阿尔法科技智选混合发起A with a net value of 1.3428 and a growth of 8.34% 2. 东方阿尔法科技智选混合发起C with a net value of 1.3416 and a growth of 8.34% 3. 方正富邦核心优势混合A with a net value of 1.4060 and a growth of 8.30% 4. 方正富邦核心优势混合C with a net value of 1.3875 and a growth of 8.29% 5. 永赢先锋半导体智选混合发起A with a net value of 1.6664 and a growth of 8.19% 6. 永赢先锋半导体智选混合发起C with a net value of 1.6632 and a growth of 8.19% 7. 富荣福锦混合C with a net value of 2.7841 and a growth of 7.06% 8. 富荣福锦混合A with a net value of 2.8334 and a growth of 7.06% 9. 德邦高端装备混合发起式A with a net value of 1.3684 and a growth of 6.69% 10. 永赢先进制造智选混合发起A with a net value of 2.7709 and a growth of 6.69% [2] Bottom 10 Funds by Net Value Decline - The underperforming funds include: 1. 银河消费混合C with a net value of 1.8630 and a decline of 6.15% 2. 银河消费混合A with a net value of 1.9190 and a decline of 6.12% 3. 银河文体娱混合C with a net value of 1.2525 and a decline of 5.61% 4. 银河文体娱混合A with a net value of 1.2896 and a decline of 5.61% 5. 前海开源人寿混合C with a net value of 1.4237 and a decline of 5.23% 6. 前海开源人寿混合A with a net value of 1.4292 and a decline of 5.23% 7. 金信核心竞争混合A with a net value of 1.1067 and a decline of 5.13% 8. 鹏华中证传媒混合C with a net value of 1.9953 and a decline of 4.89% 9. 鹏华中证传媒混合A with a net value of 1.5011 and a decline of 4.89% 10. 广发中证传媒混合C with a net value of 1.1737 and a decline of 4.68% [3] Market Analysis - The Shanghai Composite Index opened lower and experienced weak fluctuations, closing with a small decline. The total trading volume was 3.05 trillion, with 2,371 stocks rising and 2,973 falling. The number of stocks hitting the daily limit was 67 for gains and 57 for losses [5] - The semiconductor sector led the market with gains exceeding 3%, particularly in storage chips and advanced packaging concepts. Conversely, the media and entertainment sectors saw declines exceeding 4% [5] Fund Holdings and Strategy - The top holdings of the 东方阿尔法科技智选混合发起A fund include stocks like 佰维存储 and 江波龙, which saw gains exceeding 10%. The fund's style is heavily focused on the semiconductor industry, with top ten holdings accounting for 76.80% of total holdings [6] - The 银河消费混合C fund, which is focused on the consumer sector, has seen significant declines in its top holdings, indicating a potential need for rebalancing by the fund manager [6]

Group 1 - The core viewpoint of the news is that Tongyou Technology has seen a stock price increase of 5.21%, reaching 23.22 CNY per share, with a total market capitalization of 11.129 billion CNY [1] - Tongyou Technology, established on November 3, 1998, and listed on March 21, 2012, specializes in data storage, data protection, and disaster recovery, with its main business revenue composition being 56.11% from storage systems and 43.89% from solid-state storage [1] Group 2 - From the perspective of major fund holdings, Yongying Fund has one fund heavily invested in Tongyou Technology, specifically the Yongying Pioneer Semiconductor Select Mixed Fund A (025208), which held 800,000 shares, accounting for 4.01% of the fund's net value [2] - The Yongying Pioneer Semiconductor Select Mixed Fund A was established on September 12, 2025, with a latest scale of 54.9739 million CNY and has achieved a return of 37.61% since inception [2] Group 3 - The fund manager of Yongying Pioneer Semiconductor Select Mixed Fund A is Zhang Haixiao, who has been in the position for 2 years and 154 days, managing total assets of 10.243 billion CNY, with the best fund return during his tenure being 79.61% and the worst being -19.48% [3]

Core Insights - The article provides a ranking of open-end funds based on their net asset value growth as of October 27, 2025, highlighting the top and bottom performers in the market [2][4][6]. Fund Performance Summary - The top 10 funds with the highest net value growth include: 1. Qianhai Kaiyuan Hong Kong and Shanghai Enjoy Life Fund (2.7605) 2. GF Emerging Growth Mixed A (1.4923) 3. GF Emerging Growth Mixed C (1.4670) 4. Shanzheng Asset Management Strategy Selected Mixed (1.7731) 5. Yongying Pioneer Semiconductor Smart Selected Mixed A (1.4000) 6. Yongying Pioneer Semiconductor Smart Selected Mixed C (1.3992) 7. Guolian An Technology Power Stock (2.5137) 8. Manulife Renaissance Mixed A (2.5460) 9. Haifutong Technology Innovation Mixed A (1.2377) 10. Manulife Renaissance Mixed C (2.5250) [2][6]. - The bottom 10 funds with the lowest net value growth include: 1. Yongying Consumer Leader Smart Selected Mixed C (0.9478) 2. Yongying Consumer Leader Smart Selected Mixed A (0.9596) 3. Huaxia CSI Animation Game ETF (1.4436) 4. Guotai CSI Animation Game ETF (1.4324) 5. Huatai Baichuan CSI Animation Game ETF (1.4942) 6. Guotai CSI Animation Game ETF Link E (1.5399) 7. Guotai CSI Animation Game ETF Link C (1.5243) 8. Huaxia CSI Animation Game ETF Initiated Link (1.5028) 9. Huaxia CSI Animation Game ETF Initiated Link A (1.5215) 10. Guotai CSI Animation Game ETF Link A (1.5442) [4][6]. Market Analysis - The Shanghai Composite Index opened high and experienced a rebound, with a trading volume of 2.35 trillion, showing a positive market sentiment with 3,361 stocks rising against 1,862 falling [6]. - Leading sectors included communication equipment and components, both showing gains of over 3% [6].

Group 1 - The article provides a ranking of open-end funds based on their net asset value growth as of October 24, 2025, highlighting the top 10 funds with significant increases [2][4][7] - The top-performing funds include "东方阿尔法科技智选混合发起C" with a unit net value of 1.0531 and "永赢先锋半导体智选混合发起A" with a unit net value of 1.3162, indicating strong performance in the technology and semiconductor sectors [2][4] - Conversely, the bottom-performing funds include "招商中证煤炭等权指数A" with a unit net value of 2.1911, reflecting challenges in the coal sector [4][10] Group 2 - The article notes that as of October 24, 2025, a total of 29,066 funds have updated their net values, showcasing a competitive landscape in the fund market [3] - The market performance on the same day showed a rebound in the Shanghai Composite Index and the ChiNext Index, with a trading volume of 1.99 trillion, indicating overall positive market sentiment [7] - Leading sectors included semiconductors and communication equipment, with gains exceeding 4%, while sectors like liquor and real estate faced declines [7]

Group 1 - The core point of the news is the significant increase in the stock price of Demingli, which rose by 5.05% to 199.00 CNY per share, with a trading volume of 3.069 billion CNY and a turnover rate of 9.98%, resulting in a total market capitalization of 45.15 billion CNY [1] - Demingli Technology Co., Ltd. is based in Shenzhen, Guangdong, and was established on November 20, 2008, with its listing date on July 1, 2022. The company's main business involves the design and research of flash memory controller chips, development and optimization of storage module product application solutions, and sales of storage module products [1] - The revenue composition of Demingli's main business includes embedded storage products at 41.37%, solid-state drives at 37.34%, mobile storage products at 13.06%, memory modules at 8.22%, and others at 0.01% [1] Group 2 - From the perspective of major fund holdings, data shows that Yongying Fund has a significant position in Demingli, with its fund "Yongying Pioneer Semiconductor Select Mixed Initiation A" (025208) holding 190,000 shares, accounting for 9.65% of the fund's net value, making it the second-largest holding [2] - The fund "Yongying Pioneer Semiconductor Select Mixed Initiation A" was established on September 12, 2025, with a latest scale of 54.9739 million CNY and has achieved a return of 19.45% since its inception [2] Group 3 - The fund manager of "Yongying Pioneer Semiconductor Select Mixed Initiation A" is Zhang Haixiao, who has been in the position for 2 years and 148 days. The total asset scale of the fund is 2.865 billion CNY, with the best fund return during his tenure being 69.16% and the worst being -19.48% [3]

Core Insights - The stock and mixed funds achieved a positive return of 36.22% on October 16, with 111 funds returning over 2% and 216 funds experiencing a net value drawdown exceeding 2% [1][2] - The Shanghai Composite Index rose by 0.10% to close at 3916.23 points, while the Shenzhen Component Index fell by 0.25%, the ChiNext Index increased by 0.38%, and the STAR 50 Index decreased by 0.94% [1] - The top-performing sectors included coal, banking, and food and beverage, with respective increases of 2.35%, 1.35%, and 0.97%, while the sectors with the largest declines were steel, non-ferrous metals, and building materials, with decreases of 2.14%, 2.06%, and 1.86% [1] Fund Performance Summary - On October 16, the average net value growth rate for stock and mixed funds was -0.24%, with 36.22% of funds showing positive growth [1][2] - The fund with the highest return was Yongying Pioneer Semiconductor Select Mixed Fund A, with a net value growth rate of 5.87%, followed closely by Yongying Pioneer Semiconductor Select Mixed Fund C and Dongfang Alpha Technology Select Mixed Fund C, with growth rates of 5.86% and 3.86% respectively [2] - Among the funds with a net value growth rate exceeding 2%, 9 funds belonged to Huatai PineBridge Fund, while Yongying Fund and Great Wall Fund each had 8 funds listed [1][2] Drawdown Analysis - A total of 216 funds experienced a drawdown exceeding 2%, with the largest drawdown recorded by Huafu Tianxin Flexible Allocation Mixed Fund C at -3.30% [2][4] - Other funds with significant drawdowns included Huafu Tianxin Flexible Allocation Mixed Fund A and Huatai PineBridge North Exchange Innovation Selected Two-Year Open Mixed Fund C, with drawdowns of -3.29% and -3.23% respectively [2][4]

Core Insights - The article provides a ranking of open-end funds based on their net asset value growth as of October 16, 2025, highlighting the top-performing funds in the market [2][4]. Fund Performance Summary - The top 10 funds by net value growth include: 1. Yongying Pioneer Semiconductor Select Mixed Fund A: 1.2371 (up from 1.1685, +0.06) 2. Yongying Pioneer Semiconductor Select Mixed Fund C: 1.2366 (up from 1.1681, +0.06) 3. Dongfang Alpha Technology Select Mixed Fund C: 0.9909 (up from 0.9541, +0.03) 4. Dongfang Alpha Technology Select Mixed Fund A: 0.9909 (up from 0.9542, +0.03) 5. Hengyue Advantage Select Mixed Fund: 1.3030 (up from 1.2633, +0.03) 6. GF Pharmaceutical Innovation Mixed Fund A: 1.4145 (up from 1.3737, +0.04) 7. GF Pharmaceutical Innovation Mixed Fund C: 1.3963 (up from 1.3561, +0.04) 8. Yongying Rong'an Mixed Fund A: 1.9310 (up from 1.8757, +0.05) 9. Yongying Rong'an Mixed Fund C: 1.9180 (up from 1.8631, +0.05) 10. Guotai Zhongzheng Coal ETF: 1.1781 (up from 1.1453, +0.03) [2][4]. Market Overview - As of October 16, 2025, a total of 28,969 funds have updated their net values, indicating a competitive landscape in the fund market [3]. - The Shanghai Composite Index opened lower but showed slight gains, while the ChiNext Index experienced fluctuations, closing with a small increase. The total trading volume reached 1.94 trillion [7]. Sector Performance - Leading sectors included coal and insurance, both showing gains of over 3%, while multi-financial, non-ferrous metals, steel, and advertising packaging sectors declined by over 2% [7].

Core Insights - The article provides a ranking of mutual funds based on their net asset value changes, highlighting the top and bottom performers in the market [2][3]. Fund Performance Summary - The top 10 mutual funds with the highest net value growth as of September 30, 2025, include: 1. Yongying Pioneer Semiconductor Selected Mixed Fund A: Unit Net Value 1.1956, Cumulative Net Value 1.1956, previous unit net value 1.1101 [2] 2. Yongying Pioneer Semiconductor Selected Mixed Fund C: Unit Net Value 1.1952, Cumulative Net Value 1.1952, previous unit net value 1.1098 [2] 3. AVIC Vision Leading Mixed Fund A: Unit Net Value 1.5769, Cumulative Net Value 1.6569, previous unit net value 1.4925 [2] 4. AVIC Vision Leading Mixed Fund C: Unit Net Value 1.5659, Cumulative Net Value 1.6459, previous unit net value 1.4821 [2] 5. Huaxia Military Industry Safety Mixed Fund C: Unit Net Value 1.8520, Cumulative Net Value 1.8520, previous unit net value 1.7540 [2] 6. Huaxia Military Industry Safety Mixed Fund A: Unit Net Value 1.8920, Cumulative Net Value 1.8920, previous unit net value 1.7920 [2] 7. Founder Fubon Core Advantage Mixed Fund C: Unit Net Value 1.1395, Cumulative Net Value 1.1395, previous unit net value 1.0822 [2] 8. Founder Fubon Core Advantage Mixed Fund A: Unit Net Value 1.1527, Cumulative Net Value 1.1527, previous unit net value 1.0948 [2] 9. Great Wall Prosperity Growth Mixed Fund C: Unit Net Value 1.3620, Cumulative Net Value 1.3620, previous unit net value 1.2983 [2] 10. Great Wall Prosperity Growth Mixed Fund A: Unit Net Value 1.3788, Cumulative Net Value 1.3788, previous unit net value 1.3144 [2] - The bottom 10 mutual funds with the lowest net value growth include: 1. AVIC Opportunity Leading Mixed Fund C: Unit Net Value 3.0084, previous unit net value 3.0827 [4] 2. AVIC Opportunity Leading Mixed Fund A: Unit Net Value 3.0479, previous unit net value 3.1231 [4] 3. Shanzheng Asset Management Strategy Selected Mixed Fund: Unit Net Value 1.6137, previous unit net value 1.6531 [4] 4. E Fund Rui Xiang Mixed Fund E: Unit Net Value 4.8647, previous unit net value 4.9776 [4] 5. E Fund Rui Xiang Mixed Fund I: Unit Net Value 6.0069, previous unit net value 6.1462 [4] 6. Debon Xin Xing Value Fund A: Unit Net Value 3.3260, previous unit net value 3.4030 [4] 7. Debon Xin Xing Value Fund C: Unit Net Value 3.1973, previous unit net value 3.2713 [4] 8. Guotai Zhongzheng All Index Communication Equipment ETF: Unit Net Value 2.6750, previous unit net value 2.7344 [4] 9. Huatai Bairui Quality Growth Mixed Fund C: Unit Net Value 1.5167, previous unit net value 1.5501 [4] 10. Huatai Bairui Quality Growth Mixed Fund A: Unit Net Value 1.5426, previous unit net value 1.5765 [4] Market Trends - The Shanghai Composite Index opened high and experienced fluctuations, closing with a small gain, while the ChiNext index saw a peak and then returned to flat, with a total trading volume of 2.19 trillion [7]. - Leading sectors included aviation and non-ferrous metals, both rising over 3%, while communication equipment and advertising packaging sectors faced declines [7].

Core Insights - The article provides a ranking of open-end funds based on their net asset value growth as of September 22, 2025, highlighting the top and bottom performers in the market [2][4][7]. Fund Performance Summary - The top 10 funds with the highest net value growth include: 1. 中航远见领航混合发起A with a unit net value of 1.4889 and a cumulative net value of 1.5689 [2] 2. 中航远见领航混合发起C with a unit net value of 1.4787 and a cumulative net value of 1.5587 [2] 3. 永赢先锋半导体智选混合发起A with a unit net value of 1.0831 [2] 4. 永赢先锋半导体智选混合发起C with a unit net value of 1.0829 [2] 5. 前海开源人工智能主题混合A with a unit net value of 1.5944 [2] 6. 前海开源人工智能主题混合C with a unit net value of 1.5903 [2] 7. 华夏见龙精选混合 with a unit net value of 1.7381 [2] 8. 华夏潜龙精选股票 with a unit net value of 2.3667 [2] 9. 华夏优势精选股票 with a unit net value of 1.6059 [2] 10. 信澳先进智造股票型A with a unit net value of 2.4425 [2] - The bottom 10 funds with the lowest net value growth include: 1. 银河君信混合I with a unit net value of 1.0000 [4] 2. 同泰开泰混合C with a unit net value of 1.0305 [4] 3. 同泰开泰混合A with a unit net value of 1.0567 [4] 4. 景顺长城国证港股通红利低波动率ETF with a unit net value of 1.3233 [4] 5. 北信瑞丰产业升级 with a unit net value of 1.2910 [4] 6. 国泰中证影视主题ETF with a unit net value of 1.1362 [4] 7. 景顺长城国证港股通红利低波动率ETF联接C with a unit net value of 0.9744 [4] 8. 影视ETF with a unit net value of 1.0165 [4] 9. 景顺长城国证港股通红利低波动率ETF联接A with a unit net value of 0.9747 [4] 10. 华安恒生港股通中国央企红利ETF with a unit net value of 1.5782 [4] Market Trends - The market showed a slight upward trend with the Shanghai Composite Index experiencing horizontal fluctuations and the ChiNext Index rebounding slightly [7]. - The total trading volume reached 2.14 trillion, with a stock rise-to-fall ratio of 2175:3153 [7]. - Leading sectors included semiconductors, components, communication devices, and IT equipment, all showing gains of over 2% [7]. - Notable concepts that performed well included AI, smartphones, wireless earphones, and new tobacco products, also with gains exceeding 2% [7].