In the first quarter, public mutual funds focused on increasing their allocations to information technology and other sectors.

As the first quarter reports of public funds in 2026 entered the intensive disclosure period, the institutional reallocation path gradually became clear. Looking at the overall changes in the first quarter holdings of public funds, the sectors of information technology, high-end industry, and new materials have become the main areas where funds are flowing in. Among them, the semiconductor and AI industry chain have become the core choices for fund increase, while materials and fine chemical industries have become key allocation directions. The proportion of some individual stocks in the financial sector has experienced a temporary decline. In addition, the number of funds holding some consumer leaders has also slightly decreased; although the number of funds holding some liquor stocks still ranks high, overall positions have been adjusted down from the end of last year.