The performance differentiation in the securities private equity industry is significant this year, with CTA and long stock quant strategies leading in performance.

As of April 7th, the performance of the securities private equity industry this year has shown significant differentiation. CTA strategies and long positions in stock quantitative strategies are leading against the trend, while subjective stock strategies have seen a slight decline compared to the fourth quarter of 2025. CTA strategies are leading the field with an average return rate of 3.08%, with significant advantages in top products. However, the median return rate for this strategy is only 1.98%, indicating severe internal performance differentiation. At the same time, top institutions have not slowed down their research pace, conducting intensive research in March on the electronic, pharmaceutical, and biotechnology sectors.