The 2018Q3 public fund holding position of machinery is 2.31%, which is still in the “low allocation” situation: as of 2018Q3, the total market value of public funds held to the machinery industry is 19.631 billion yuan, and the proportion of positions is 2.31%, which is slightly higher than the value of the last quarter. Pect; the proportion of public funds to mechanical positions has declined for three consecutive quarters since 2017Q4, and the first signs of recovery in 2018Q3. In terms of configuration, as of the end of 2018, the total market capitalization of the machinery industry accounted for 3.34%, and the ratio of positions was lower than the total market value of 1.03 pct, still in a lower configuration.

The concentration of positions continued to increase, and Q3 focused on construction machinery: from 2017Q1, the shareholding of machinery industry funds has a clear trend of concentration. By the end of the 2018 third quarter, the total market value of the top ten positions was 13.869 billion yuan, accounting for 70.6%. According to the market value, the top ten heavyweights of 2018Q3 are concentrated in the construction machinery (including Sany Heavy Industry, Hengli Hydraulic, Zhejiang Dingli, Xugong Machinery, Liugong), Pioneer Intelligence, Robotics, Precision Measurement Electronics, Tiandi Technology and Meiya Optoelectronics. According to the quantity, Q3 holds a large number of funds for Sany Heavy Industry and Jerry shares, with 124 and 56 respectively.

Q3 Institutions Jiacang Hengli Hydraulics, Zhejiang Dingli, China CRRC: According to the market value, the third quarter institutions have a large amount of jiali and Zhejiang Dingli, respectively, reaching 624 million yuan and 534 million yuan, two listed companies The third quarter earnings report handed over the expected market answer; China CRRC, Jereh shares, and Meiya Optoelectronics also received 283 million yuan, 270 million yuan and 206 million yuan respectively. The pilot intelligence and gold card intelligence were reduced by 932 million yuan and 337 million yuan respectively in Q3. According to the quantity, the number of funds holding Jerry, China CRRC and Zhejiang Dingli in Q3 increased significantly, increasing by 40, 33 and 25 respectively; while the number of funds holding Jingzheng and Longma sanitation decreased by 21 respectively. And 12.