The third quarter report of the public fund in 2024 has been fully disclosed. What is the development of the mutual fund industry in the third quarter?

The market size has reached a new high. Wind data shows that at the end of the third quarter of 2024, the scale of public funds reached 31.58 trillion yuan, a record high, an increase of 2.88% from the previous quarter, and funds continued to flow into the public fund market.

Image source: Wind

In terms of the scale of fund companies under management, the top 10 companies are: E Fund Management, China AMC Fund, GF Fund, China Southern Fund, Tianhong Fund, Bosera Fund, Wells Fargo Fund, Harvest Fund, China Universal Fund and CCB Fund.

As of the end of the third quarter, the total scale under management was 1.62 trillion yuan, an increase of 8.12% quarter-on-quarter, and the non-cargo-based management scale was 952.674 billion yuan, an increase of 18.54% quarter-on-quarter.

In the third quarter, the fund focused on increasing its holdings in semiconductors and semiconductor production equipment, automobiles and auto parts.

At the end of the third quarter, a series of favorable policies were introduced one after another, and the market also picked up. On the whole, fund managers increased their positions in leading new energy stocks and significantly reduced their holdings of dividend-related stocks.

In terms of heavy stocks, Wind data shows that the main A-shares that the fund focused on increasing its holdings in the third quarter were Ping An of China (601318. SH), CATL (300750. SZ), Kweichow Moutai (600519. SH), Midea Group (000333. SZ), BYD (002594. SZ), China Merchants Bank (600036. SH), Sungrow (300274. SZ) and so on.

In terms of A-share holdings, the main stocks that the fund reduced in the third quarter include: China Mobile (600941. SH), Luzhou Laojiao (000568. SZ), Weichai Power (000338. SZ), Mindray Medical (300760. SZ), Montage Technology (688008. SH) and so on.

This article is synthesized from Wind, National Business Daily, and China Securities Journal