Domestic equity private funds raised exposure for four consecutive weeks from
June 26, lifting average equity positions by 2.12 percentage points to 84.12% as
of July 24 — a 4+-year high (last above 84.12% was 84.30% on April 1, 2022).
Funds holding >80% positions now account for 70.43% of equity private funds.
Equity private funds with ≥¥10bn AUM averaged 88.64% as of July 24, the highest
level year-to-date and the top among size cohorts.