Weekly holding or holding new year More than 50% of private institutions have been light warehouse-onavo protect

Weekly: holding or holding new year? More than 50% private institutions have Qingcang source: Financial Research Center on the grid 2016.1.25-2016.1.31, a private sun industry dynamics: more than 50% private institutions Qingcang holidays since 2016, the market once again fluctuated, as of the end of January 2016, the Shanghai and Shenzhen 300 index fell over 20%, the last week before the trading day, the cash holding festivals or holidays.? Lattice financial research on several mainstream private institutions, accounting for more than the size of its management, private equity securities of the 28% survey showed that more than half of private institutions remain cautious, choose Qingcang holidays, accounted for 51.32%, and even some private equity positions in 1 as the following. In addition, there are also 29.58% of private institutions optimistic about the stock market, select high stake holdings new year. Some private institutions new positions are distributed according to the lattice financial knowledge, the private institutions cut positions is mainly divided into two stages: the first stage, appeared in early January after the circuit breakers. According to the lattice financial understanding, in December 2015, some private institutions have been gradually opening, active layout at the end of red market, after the implementation of circuit breakers in the stock market, private injured, some private equity has been in position to low. The second stage, appeared at the end of January the stock market fell sharply under the environment. Although the market turbulence has reached consensus in private industry, but at the end of January the stock market fluctuations, exacerbated the market panic, and even triggered another liquidation crisis, significantly lighten up has become a common choice of income protection of private institutions. On the grid financial research data show that nearly 1/3 of the light warehouse private placement has dropped to 1 or even 1 below. Two, sunshine private institutions view 1): Exhibition Bo investment prices in despair born, mature in the vision? After the crash, the investor risk appetite began to converge, but the stock market to repair the ecological structure of the need for a certain period of time. A large number of liquidity injections, superimposed registration system deployment delay and the lifting of the ban on industrial capital gradually clear, the market panic will gradually ease. The market is not too pessimistic, opportunities are still emerging industries. In 2016, volatility and differentiation are the themes, and the core logic of market operations will stay on the fundamentals of profitability. 2) Hongshang assets: focus on the transformation and reform, actively looking for the next stage of market leading market? After the sharp sell short-term stock still in shock interval, game, there may be oversold bounce, but the rebound and rebound time should not be too optimistic. Looking forward to the future, the direction of China’s economic transformation will not change, is conducive to the direction of economic transformation of industries and companies continue to grow and grow. Some short-term negative factors will gradually disappear, and after the incremental capital market pattern is clear, the allocation will be increased. ? attention to benefit from the transformation and reform of the sector, actively looking for the next stage of market leading, such as big data, cloud computing, medical services, culture, education, sports etc.. 3) Suzaku Investment: the opportunity to rebound to adjust positions, grasp victimizes quality enterprises theory

周报:持币or持股过年?50%以上私募机构已轻仓   文章来源:格上理财研究中心   2016.1.25-2016.1.31   一、阳光私募行业动态:50%以上私募机构轻仓过节   2016年以来大盘再度宽幅震荡,截至2016年1月底,沪深300指数下跌超20%,节前最后一周交易日,是该持币过节,还是持股过节?格上理财调研了多家主流私募机构,其管理规模占证券类股票型私募的28%以上,调研显示,一半以上的私募机构保持谨慎态度,选择轻仓过节,占比达51.32%,甚至有部分私募仓位在1成以下。此外,也有29.58%的私募机构对股市坚定看好,选择高仓持股过年。 部分私募机构最新仓位分布   据格上理财了解,本轮私募机构仓位下调主要分为两个阶段:   第一阶段,出现在1月初熔断机制后。据格上理财了解,2015年12月,部分私募机构已逐步加仓,积极布局年底红包行情,在熔断机制实施后股市暴跌,私募受伤不轻,部分私募已及时将仓位降至中低位。   第二阶段,出现在1月底股市大幅下挫环境之下。虽然震荡行情在私募业内已达共识,但1月底股市大幅波动,市场恐慌情绪加剧,甚至再度引发清盘危机,大幅减仓保护收益成为私募机构的共同选择。格上理财调研数据显示,近三分之一的轻仓私募已将仓位降至1成甚至1成以下。   二、阳光私募机构观点   1) 展博投资:行情在绝望中诞生,在憧憬中成熟   ? 暴跌过后,投资人风险偏好开始收敛,但股市生态结构的修复需要一定时间。   ? 大量流动性的注入,叠加注册制部署延迟以及产业资本解禁逐步明朗,市场恐慌将逐步缓解。   ? 对当前市场不必过度悲观,机会仍在新兴行业。   ? 2016年震荡和分化是主题,市场运行的核心逻辑将落脚于盈利基本面上。   2) 弘尚资产:关注转型与改革,积极寻找下一个阶段市场龙头   ? 市场在经历大幅杀跌后,短期仍以区间存量震荡博弈为主,可能会有超跌反弹,但对于反弹幅度和反弹时间不宜过于乐观。   ? 展望未来,中国经济转型的方向不会变化,有利于符合经济转型方向的行业与公司持续发展壮大。   ? 待短期部分利空因素逐步消退,增量资金入市格局明朗后,将加大配置。   ? 关注受益于转型与改革的板块,积极寻找下一个阶段市场龙头,如大数据、云计算、医疗服务、文化、教育、体育等。   3) 朱雀投资:借机超跌反弹调仓,把握错杀优质企业   ? 当下A股市场杠杆可控,下跌不会导致大量踩踏和流动性危机。   ? 未来,权益投资领域的蓝海是量化投资和做市并购,这将考验机构参与者的研究能力和行业纵深度。   ? 短期内,朱雀将借机超跌反弹调整持仓结构,把握被错杀的优质企业的投资机遇。   ? 看好“新经济”领域的长期投资机会,同时也把握低估值、稳定增长蓝筹的阶段性机会。   4) 汇利资产:对于价值投资者而言,正是买股票的最好时机   ? 本月指数出现断崖跳水,很多资金在市场中无法出逃,从而有成本支撑,并无太大下跌动能。   ? 目前对于价值投资者而言,正是买股票的最好时机。   ? 2016年大概率将会延续震荡盘整走势,短期波动在所难免,但目前已是中级底部。   ? 相对看好医疗养老、新兴消费、TMT、机器人、软件、教育、互联网、节能环保等行业。   5) 博道投资:不少个股跌入“合理”价格区间,反弹是今年盈利关键   ? 目前股票市场上下波动,但不具备长期熊市基础,展望全年,将依然维持宽幅震荡。   ? 从微观层面观察,不少个股跌入到“合理”价格区间。   ? 中短期而言,市场情绪处于恐慌之中,因此短期内,仍以风控和仓位控制为主。   ? 从全年观察,待调整到阶段性低点,敢于加仓,反弹将是今年盈利的关键。   三、阳光私募机构动态   私募一姐王茹远澄清多项谣言   近日,私募一姐王茹远就多项谣言进行澄清。第一,有关潮汕资金巨亏50亿遭砍手威胁,王茹远表示所管理产品中大约只有1亿元左右来自潮汕,无亏损50亿之事;第二,关于产品爆仓,宏流投资旗下产品无一清盘,全部正常运行;第三,关于传言限制出境,王茹远表示一直进出中国香港、日本自由;第四,关于与媒体记者对骂,王茹远声明称纯属杜撰。   四、阳光私募机构调研动向:电子行业调研热情最高   格上理财数据显示,2016年1月25日至1月31日沪深两市共有66只个股获得私募机构调研,创本月周调研新高,其中,创业板和中小板共有53只,占比80.30%。调研个股中,电子行业最受欢迎,共有7家上市公司受私募机构调研,机械设备和计算机行业其次,分别被调研6家。 私募调研个股行业分布 (2016.1.25-2016.1.31)   格上理财数据显示,理成资产、星石投资、东方港湾投资、普尔投资等私募机构调研电子行业个股“劲胜精密”。据格上理财了解,该公司正逐步构建集高端数控机床、国产机器人、自动化设备、国产系统软件等于一体的智能制造产品和服务体系,向智能制造整体方案解决商转型,前不久公司以自有资金参股艾普工华,以快速进入国产自动化系统软件行业,更好地满足公司现有 3C 智能制造业务发展、智能制造专项项目建设的需要。   此外,2015年私募冠军华银精治上周调研电子行业个股“麦达数字”。据格上理财了解,该公司致力于以企业级SaaS 服务为切入点,打造以SaaS为核心的生态圈,具体规划分为三个阶段:第一阶段,进入SaaS行业;第二阶段:打造SaaS产业集群;第三阶段:打造生态圈。近期,公司投资消费品行业SaaS服务商赢销通标志着公司企业级 SaaS服务的全面展开,未来将继续通过外延式并购方式逐步打造企业级数字生态圈。 私募大佬周调研个股(部分) (2016.1.25-1.31)   五、阳光私募行业数据:新发基金策略多样化,本月清盘数达256只 本月阳光私募产品发行、清盘情况(只)   六、阳光私募业绩表现:较上一周回暖,宏观对冲策略领跑 各策略阳光私募基金周平均业绩(2016.1.18-1.24) 各策略私募基金周收益分布:正收益占比在六成左右 进入【新浪财经股吧】讨论相关的主题文章: