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电话:2025 镇江市(句容市、丹徒区、扬中市、京口区、润州区、丹阳市)
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许昌市(襄城县、魏都区、禹州市、建安区、长葛市、鄢陵县)
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海北藏族自治州(刚察县、祁连县、海晏县、门源回族自治县)
嘉峪关市
常州市(溧阳市、钟楼区、金坛区、新北区、武进区、天宁区)
德阳市(广汉市、绵竹市、中江县、什邡市、旌阳区、罗江区)
柳州市(柳城县、鹿寨县、柳江区、鱼峰区、融水苗族自治县、城中区、柳南区、三江侗族自治县、柳北区、融安县)
汉中市(汉台区、城固县、洋县、佛坪县、宁强县、南郑区、西乡县、镇巴县、留坝县、勉县、略阳县)
常德市(安乡县、汉寿县、鼎城区、武陵区、石门县、澧县、桃源县、津市市、临澧县)
广元市(苍溪县、剑阁县、利州区、朝天区、昭化区、旺苍县、青川县)

专题:2025基金一季报:最新持仓曝光!

  2025年一季度收官,百亿规模以上的权益类基金业绩呈现显著分化,基金经理的调仓能力与行业配置策略经受考验。

  作为目前在管规模排行前十的权益类基金经理,周蔚文的调仓策略和业绩表现一直备受市场关注。目前,周蔚文管理的基金资产总规模约为300.76亿元,较2024年末的306.35亿元缩水5.59亿元。在管基金数5只,分别为中欧新蓝筹A、中欧新趋势A、中欧精选A、中欧匠心两年A、中欧时代先锋A。

  目前管理规模前20大权益基金经理 数据来源:wind截止至20250422

  从业绩表现来看,周蔚文管理的基金在近一年和近两年的表现普遍不佳,多数基金的同类排名在中后段,整体表现较为疲软。从近一年表现来看,中欧时代先锋股票A跌4.19%,中欧新趋势混合A跌2.28%;从近两年表现来看,除中欧匠心两年持有期混合A之外,其余基金均跌超10%。

  数据来源:天天基金截止至20250422

  中欧新蓝筹A作为周蔚文代表基金,一季度回报为3.38%,规模71.74亿元,比上期减少5.06%。一季度重仓股为万华化学、中国平安、三花智控、牧原股份、恺英网络、三一重工、芯原股份、兆易创新、澜起科技、紫金矿业。

  数据来源:wind截止至20250331

  在一季报中,周蔚文指出,其投资决策框架核心在于寻找产业趋势低位与企业中长期价值低估的交集。基于这一出发点,他总结出三种投资情形:产业趋势低位与中长期价值低估的交集、确定性较强的产业趋势机会以及显著的中长期价值低估机会。在实际操作中,他强调需综合考虑个股流动性等因素,动态调整配置比例。

  周蔚文还表示,加大了在人工智能产业相关领域的投资和布局。“我们在人工智能产业链上的布局,不仅涵盖了持续看好的人形机器人以及自动驾驶领域,还拓展至AI眼镜等新型可穿戴设备,以及AI在教育、广告、游戏等应用领域。”

  另外,由于造船和化工行业的景气度趋势边际出现恶化,且全球经济局势不确定性增强,周蔚文降低了这类强经济周期、出口依赖度高的行业的部分持仓。

  “未来全球贸易再平衡的过程可能会对中国出口产生影响,特别是对美出口企业的影响更直接。然而,这一过程无法改变中国制造业在全球范围内的竞争力,反而会促使中国自主创新能力进一步提升,同时内需对经济增长的贡献也将进一步增大。”周蔚文指出。

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