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向出现了AI大模型的军备竞赛，导致光模块需求大幅增加，算力成为全年最强子板块；消费方向市场开始追求极致性价比，大部分消费股股进入单边下跌通道；医药中的创新药走出独立行情，医药消费、CXO走势疲弱;中游制造中锂电/光伏/储能/军工由于供需矛盾出现明显下跌；上游资源股中油气资源/煤炭资源/黄金/铜/锡等资源型企业走势强劲；而在经济走弱预期下红利策略成为全年最大赢家。    2023年基金经理的大部分持仓集中在消费和医药领域，2023年初基金经理将原有持仓中的光模块和汽配个股在上涨过程中卖出，但消费股持仓减仓不及时导致净值出现明显下跌，此外基金经理在医药反腐导致医药股大幅下跌时积极买入，在后续医药股的上涨过程实现盈利。目前基金的持仓中消费和医药仍然占比较大的仓位。","declarationDate":"2024-01-18T16:00:00.000Z","lastUpdated":"2026-03-09T13:36:12.229Z","mo":"展望2024年，地产数据走势依然疲弱情况下，宏观经济预计难有比较明显的转向，目前市场给2024年写好A股的剧本，依然是红利持续上行用于防守，进攻方向依然是炙手可热的创新药、MR、人形机器人、人工智能、智能驾驶，但是历史上往往一致预期正确率低，并且一致预期一般也已经被市场充分定价。我们在看到市场悲观因素的同时，也观察到经过大面积的下跌，A股大部分的个股估值已经到了历史极低的位置，红利资产享受了充分的溢价，但大部分还在增长赛道上的复利资产估值已经与红利资产相近，我们相信底部不远并且仍在坚守。","fund":{"_id":3000000009570,"__csrcFundId":7737,"stockCode":"009570","name":"鹏华匠心精选混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9570,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2026-04-30T21:52:31.244Z","status":"normal","exchange":"jj","followedNum":118,"shortName":"鹏华匠心精选混合(009570)","inceptionDate":"2020-07-09T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华匠心精选混合","setUpDate":"2020-07-09T16:00:00.000Z","setUpAssetScale":26666850001.68,"setUpShares":26666850001.68,"memoNum":1,"pinyin":"phjxjxhhxzqtzjj","managers":[{"stockCode":"8801405913","stockType":"fund_manager","exchange":"fm","tickerId":32413162220,"name":"陈璇淼"}]},"announcement":{"linkText":"鹏华匠心精选混合型证券投资基金2023年年度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=1051421","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecccc7fea5b3eb04ce65c","date":"2023-09-29T16:00:00.000Z","stockId":3000000009570,"sao":"2023Q3国家出台地产刺激政策，一线城市陆续松绑，但销量依然平淡，中秋国庆期间消费整体表现平淡。宏观经济数据走势偏弱，本质原因在于过去中国依靠外贸和城镇化实现的增长陆续到达拐点。但我们认为资本市场仍然具有投资机会。一方面经过三年的下跌估值已经比较低，另外一方面创新导致的爆品需求依然在源源不断地出来，包括今年爆火的AI需求，包括智能驾驶的需求，包括创新药因为其较强临床价值呈现的高增长特征。基金经理将主要仓位配置于一些不变的稳定增长的资产，同时密切跟踪因为变化带来的爆品投资机会。","declarationDate":"2023-10-23T16:00:00.000Z","lastUpdated":"2026-03-09T13:36:12.226Z","fund":{"_id":3000000009570,"__csrcFundId":7737,"stockCode":"009570","name":"鹏华匠心精选混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9570,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2026-04-30T21:52:31.244Z","status":"normal","exchange":"jj","followedNum":118,"shortName":"鹏华匠心精选混合(009570)","inceptionDate":"2020-07-09T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华匠心精选混合","setUpDate":"2020-07-09T16:00:00.000Z","setUpAssetScale":26666850001.68,"setUpShares":26666850001.68,"memoNum":1,"pinyin":"phjxjxhhxzqtzjj","managers":[{"stockCode":"8801405913","stockType":"fund_manager","exchange":"fm","tickerId":32413162220,"name":"陈璇淼"}]},"announcement":{"linkText":"鹏华匠心精选混合型证券投资基金2023年第3季度报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=986830","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecccc7fea5b3eb04ce65b","date":"2023-06-29T16:00:00.000Z","stockId":3000000009570,"sao":"2023年上半年，经济数据逐步走弱，地产销售数据逐步下台阶，地产产业链在整个宏观经济占比太大从而使宏观经济数据偏弱，因此A股市场与经济相关的行业和个股持续下跌，资金在各个机构持仓低的板块中快速轮动。主题的轮动从AI到中特估，到机器人再到智能驾驶，呈现快速轮动的特点。尽管市场波动较大，基金经理认为一部分的个股已经跌到估值偏低的位置，长期依靠公司内生的业绩增长未来具备股价上涨空间。基金经理在合理偏低的估值位置买入长期优质的成长股，期待获得业绩增长带来的股价绝对回报。","declarationDate":"2023-07-19T16:00:00.000Z","lastUpdated":"2026-03-09T13:36:12.220Z","mo":"展望未来，基金经理认为在地产销售数据偏弱的情况下，宏观经济预计持续走势平稳偏弱，但亦不会大起大落，而货币政策持续稳健，资本市场大概率是持续的结构性行情。在经过比较明显的调整之后，目前A股一部分的个股已经出现投资价值，基金经理会在轮动的市场中坚持原有投资风格，在合理偏低的估值位置买入优质成长股，期待业绩的增长带来股价的绝对回报。","fund":{"_id":3000000009570,"__csrcFundId":7737,"stockCode":"009570","name":"鹏华匠心精选混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId":9570,"masterFundFlag":1,"fundStatus":"normal","lastUpdated":"2026-04-30T21:52:31.244Z","status":"normal","exchange":"jj","followedNum":118,"shortName":"鹏华匠心精选混合(009570)","inceptionDate":"2020-07-09T16:00:00.000Z","fundCollectionId":4000050060000,"currency":"CNY","masterFundShortName":"鹏华匠心精选混合","setUpDate":"2020-07-09T16:00:00.000Z","setUpAssetScale":26666850001.68,"setUpShares":26666850001.68,"memoNum":1,"pinyin":"phjxjxhhxzqtzjj","managers":[{"stockCode":"8801405913","stockType":"fund_manager","exchange":"fm","tickerId":32413162220,"name":"陈璇淼"}]},"announcement":{"linkText":"鹏华匠心精选混合型证券投资基金2023年中期报告","linkUrl":"http://eid.csrc.gov.cn/fund/disclose/instance_show_pdf_id.do?instanceid=961440","linkType":"PDF","source":"csrc_pdf"}},{"_id":"69aecccc7fea5b3eb04ce65a","date":"2023-03-30T16:00:00.000Z","stockId":3000000009570,"sao":"2023年一季度，疫情管控放松之后经济自发性修复，社会秩序回归正常。从股票市场而言，资源股回落，持仓拥挤的新能源、汽车、军工股东波动较大，消费股温和上涨，TMT个股在超跌及AI的催化之下走出极致上涨行情。展望二季度，基金经理在目前的估值和个股基本面背景下，认为TMT和新能源参与难度大，主要仓位集中于估值合理和基本面强劲的消费股，期望为基民获取绝对回报。","declarationDate":"2023-04-20T16:00:00.000Z","lastUpdated":"2026-03-09T13:36:12.217Z","fund":{"_id":3000000009570,"__csrcFundId":7737,"stockCode":"009570","name":"鹏华匠心精选混合型证券投资基金","fundSecondLevel":"hybrid","stockType":"fund","areaCode":"cn","market":"a","tickerId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