行业投资评级 - 金融资金面跟踪行业投资评级为“推荐（维持）” [3] 核心观点 - 私募超额持续正增，小微盘超额有所走强 [3] 量化私募策略表现 - 300增强策略周/月/年初以来平均收益分别为-0.1%/+2.2%/+28.5%，平均超额分别为+0.9%/+1.8%/+7.7% [3] - 500增强策略周/月/年初以来平均收益分别为0%/+1.6%/+38.5%，平均超额分别为+1.2%/+3.8%/+13.1% [3] - A500增强策略周/月/年初以来平均收益分别为+0%/+2.6%/+29.9%，平均超额分别为+1%/+2.7%/+9.7% [3] - 1000增强策略周/月/年初以来平均收益分别为+0.5%/+2.7%/+44.8%，平均超额分别为+1.1%/+3%/+18.5% [3] - 空气指增策略周/月/年初以来平均收益分别为+1.5%/+3.9%/+39.5% [3] - 市场中性策略周/月/年初以来平均收益分别为+0.5%/+1%/+14.6% [3] 指数间超额收益 - 沪深300相对中证500周/月/年初以来超额收益分别为+0%/-6.2%/0% [4] - 中证1000相对中证500周/月/年初以来超额收益分别为+0.5%/+2.8%/0% [4] - 中证2000相对中证500周/月/年初以来超额收益分别为+0.9%/+4.8%/0% [4] - 微盘股相对中证500周/月/年初以来超额收益分别为+3.2%/+8.7%/0% [4] 市场成交额与基差 - 沪深300周/月/年初以来日均成交额分别为5903/4989/3473亿元，环比+7.9%/-51.4%/+115% [5] - 中证500周/月/年初以来日均成交额分别为4082/3571/2382亿元，环比-6.4%/-45.2%/+127.6% [5] - 中证1000周/月/年初以来日均成交额分别为4955/4517/3521亿元，环比+1.1%/-43.7%/+123.1% [5] - 中证2000周/月/年初以来日均成交额分别为5051/4549/4376亿元，环比+3.4%/-43.9%/+78.1% [5] - 微盘股周/月/年初以来日均成交额分别为285/251/246亿元，环比+12.8%/-48.9%/+35.3% [5] - IF/IC/IM当月合约年化贴水分别为+30.9%/-111.1%/-39.6%，居于近一年年化贴水幅度分位数分别为98%/0%/3.6% [5] - IF/IC/IM下季合约年化贴水分别为+0.2%/+5.3%/+6.7%，居于近一年年化贴水幅度分位数分别为24.3%/71.7%/34.7% [5]