Publicly offered funds have completed the disclosure of their third quarter reports. Technology growth-oriented funds lead the market, with the concentration of holdings on the rise.

The quarterly reports of public funds were recently released. Statistics show that in the background of the steady rise of the A-share market and the dominance of technology growth, the scale of public fund assets continues to grow, and the stock positions of actively biased equity funds are steadily increasing. In terms of industry changes, the TMT sector has significantly increased its positions, while sectors such as big finance and big consumption have reduced their positions. In terms of individual stocks, the concentration of holdings in leading companies has increased in the third quarter. Looking ahead, several institutions have stated that the accumulated gains of individual stocks have shown a clear increase, and the short-term market volatility may increase, but from a medium to long-term perspective, the upward trend in the equity market is certain. In terms of style, the dividend value style may see a return in the fourth quarter.