The first batch of publicly offered funds released their first-quarter reports: actively increased equity positions and optimized models for AI quantitative funds.

In April, the first batch of public funds began to disclose their first quarter reports one after another. Recently, companies such as Debon Fund and Golden Trust Fund were the first to "show their cards", kicking off the path of repositioning for public funds in the first quarter. From the disclosed data, it can be seen that while public fund managers are maintaining balanced portfolio allocations, they are actively turning towards new productive forces, with downstream applications of artificial intelligence industry chain, satellite communication, and commercial aerospace becoming new favorites for additional positions. At the same time, in a complex and ever-changing external environment, quantitative strategies are evolving rapidly, with geopolitical risks, liquidity of commodities and other macro factors being deeply integrated into investment models.