> 数据图表咨询下各位持仓变化概要2025-4-0持仓变化概要2025Q1季度公募基金与陆股通持仓变化对比—大金融、周期5说明：公募基金持仓水平从2010年起算，陆股通持仓水平从2017年起算资料来源：Wind，华安证券研究所。风格/行业季度涨幅持仓变化大金融板块银行房地产非银金融周期板块有色金属机械设备钢铁建筑材料环保基础化工农林牧渔建筑装饰交通运输煤炭石油石化公用事业-1.90%2.03%-5.83%-5.65%5.00%11.96%10.61%5.64%1.88%3.15%3.94%-0.87%-5.88%-4.76%-10.59%-5.90%-4.31%-0.92%0.13%0.04%-1.10%0.00%1.36%0.34%0.09%0.01%-0.07%-0.08%-0.08%-0.15%-0.29%-0.35%-0.36%-0.40%公募基金2025Q113.12%5.93%0.96%6.23%15.82%4.10%2.89%0.43%0.35%0.22%1.61%0.90%0.43%1.41%0.67%0.88%1.95%持仓水平中枢偏低偏低位低位中枢偏低中枢偏高位中枢中枢偏高低位偏低位中枢偏低位低位中枢中枢偏高中枢偏高位持仓变化-0.54%0.32%-0.16%-0.70%-0.52%0.47%0.71%0.04%-0.02%0.01%0.03%-0.10%-0.29%-0.28%-0.26%-0.19%-0.64%陆股通2025M0316.93%10.17%0.56%6.21%22.40%3.56%5.21%0.63%1.08%0.22%2.31%0.79%1.01%2.62%0.82%1.11%3.04%持仓水平中枢偏高高位底部中枢中枢偏高中枢偏高高位底部底部中枢偏高偏高位偏底部中枢偏高中枢偏高中枢中枢偏高中枢偏高华安证券大消费
