银行|机构持仓比例提升至2021Q1后新高:2025年二季度基金持仓分析报告

中信证券研究
23 Jul

文|肖斐斐 林楠2025年二季度,受益于市场避险情绪上升、鼓励保险公司加大入市力度、公募基金高质量发展指导等资金面利好,银行板块持续保持较高景气度。虽然部分银行一季报业绩不及预期带来小幅扰动,但季度维度看,银行板块相对收益明显,板块高景气表现下,银行股占主动型基金重仓股比例较上季度末明显提升0.87ppt,达到2021Q1之后的新高。板块投资上,短期市场资金面博弈情绪加强,且板块间调仓行为加剧,...

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