Stock Private Equity Position Index Continues to Rise, Top Institutions Show Strong Willingness to Increase Positions

Recently, the stock private equity position index has continued to rise. According to the latest data released by Private Equity Ranking Network, as of March 6, 2026 (due to disclosure compliance and other reasons, the net value and position measurement data of private funds are relatively lagging), the stock private equity position index has climbed to 82.64%. This index not only returned above 80% after three weeks but also hit a new high in nearly 10 weeks and approached the high of 83.59% in the past year.

In terms of position distribution, private equity firms are further concentrating their holdings at high levels. Among them, private equity with positions over 80% increased significantly to 66.34%, becoming the main force driving the overall position index upward; private equity with positions between 50% and 80% slightly increased to 21.81%. In contrast, private equity with positions between 20% and 50% and below 20% both declined. This trend of “increased high positions and decreased low positions” clearly reflects the current widespread optimism among private equity firms and their active addition of positions.

Li Chunyu, FOF fund manager at Shenzhen Rongzhi Private Equity Securities Investment Fund Management Co., Ltd., told Securities Daily: “The recent increase in private equity positions is the result of multiple positive factors working together: First, policy dividends continue to be released, with new productive forces and other key development directions providing clear layout guidance for high-end manufacturing, artificial intelligence, and other sectors; Second, market sentiment has warmed, with a general view that the previous adjustments have been sufficient, and external market disturbances are weakening, while the profitability of enterprises driven by domestic industrial upgrades is gradually becoming more certain; Third, institutional funds are accelerating their entry, providing ample liquidity for the market. Coupled with the decline in risk-free rates, this further highlights the allocation value of equity assets, prompting private equity firms to actively increase their positions to seize structural market opportunities.”

Data shows that private equity firms managing over 5 billion yuan in assets are leading in overall position levels. As of March 6, private equity with management scales between 5 billion and 10 billion yuan had a position index as high as 89.54%, significantly ahead of private equity in other management scale ranges; private equity managing over 10 billion yuan increased their positions the most, with the position index rising more than 10 percentage points in a single week, reaching a new high in nearly 11 weeks.

Further examining the position structure of private equity firms managing over 10 billion yuan, their willingness to add positions is particularly strong. Data shows that as of March 6, private equity with positions over 80% accounted for 70.71%, those with positions between 50% and 80% increased slightly to 24.01%, and private equity with low or zero positions accounted for less than 6%. This indicates that leading private equity firms are generally at high levels of holdings.

In addition to actively increasing positions, private equity firms managing over 10 billion yuan are also generally optimistic about the market outlook. A relevant person in charge at Beijing Xing Shi Investment Management Co., Ltd. told Securities Daily: “In the short term, external factors related to overseas markets still influence the A-share market. From a medium-term perspective, during this round of volatility, A-shares have shown greater resilience compared to other major economies, highlighting the advantages of Chinese assets in uncertain environments. As more industries’ profitability gradually improves, fundamentals will increasingly surpass valuations as the core driver of A-share market performance.”