13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
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CIK: 0002009275
申报总市值
US$12.4亿
US$12.4亿
134 檔
79.9%
在 Q3 2025 的 13F 官方备案中，a16z Perennial Management, L.P. 管理的美股投资组合规模来到 US$12.4亿，整体持股档数为 134 档。
在 Q3 2025，a16z Perennial Management, L.P. 操作展现出积极扩展与加仓意向。本季共新建仓 29 个新仓位，并对 9 个既有持股进行加仓（合计增持 38 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，a16z Perennial Management, L.P. 的前 5 大核心持股（包含 COINBASE GLOBAL INC, NU, HOOD 等）合计占整体申报市值的 79.9%，反映机构在主要关键仓位上的权重分布。
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ✓ | Coinbase Global Inc | 股票-其他 | 38.26% | — | — | |
| 2 | NU | Nu Holdings Ltd. | 股票-金融 | 19.39% | -0.93% | +1.58% | |
| 3 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 7.25% | +0.96% | — | |
| 4 | XHLF | Bondbloxx Bbg 6 Mth US Treas | ETF-其他 | 5.37% | -5.82% | EXIT | |
| 5 | ✓ | Samsara Inc | 股票-其他 | 5.36% | — | — | |
| 6 | OKTA | Okta Inc | 股票-科技 | 4.20% | -1.05% | +0.04% | |
| 7 | ✓ | Airbnb Inc | 股票-其他 | 3.23% | — | — | |
| 8 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.93% | -0.30% | +453.44% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 1.62% | +0.46% | — | |
| 10 | ✓ | Digitalocean Hldgs Inc | 股票-其他 | 1.40% | — | — | |
| 11 | RBLX | Roblox CORP -class A | 股票-通信服务 | 1.20% | -0.01% | -25.87% | |
| 12 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 1.14% | +0.69% | +1151.40% | |
| 13 | ✓ | Pinterest Inc | 股票-其他 | 0.61% | — | — | |
| 14 | EWJ | Ishares Msci Japan ETF | ETF-其他 | 0.60% | — | — | |
| 15 | NVDA | Nvidia CORP | 股票-科技 | 0.59% | -0.49% | — | |
| 16 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 0.54% | +4.72% | — | |
| 17 | BAR | Graniteshares Gold Trust | ETF-避险与商品 | 0.53% | +0.58% | NEW | |
| 18 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.52% | -0.21% | — | |
| 19 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.48% | -0.23% | +197.52% | |
| 20 | MSFT | Microsoft CORP | 股票-科技 | 0.47% | -0.30% | -32.37% | |
| 21 | AAPL | Apple Inc | 股票-科技 | 0.37% | -0.38% | — | |
| 22 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.32% | +0.04% | — | |
| 23 | DASH | Doordash Inc - A | 股票-周期性消费 | 0.31% | — | +10.74% | |
| 24 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.22% | +1.83% | — | |
| 25 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.20% | +0.07% | +22.96% | |
| 26 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.18% | -0.18% | EXIT | |
| 27 | NFLX | Netflix Inc | 股票-通信服务 | 0.13% | -0.09% | +160.50% | |
| 28 | TSLA | Tesla Inc | 股票-周期性消费 | 0.13% | -0.12% | EXIT | |
| 29 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.11% | -0.10% | EXIT | |
| 30 | GE | General Electric | 股票-工业 | 0.09% | -0.09% | EXIT | |
| 31 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.09% | -0.09% | EXIT | |
| 32 | ORCL | Oracle CORP | 股票-科技 | 0.09% | -0.05% | EXIT | |
| 33 | WMT | Walmart Inc | 股票-非周期性消费 | 0.09% | -0.11% | EXIT | |
| 34 | DFAC | Dimensional US Core Equity 2 | ETF-其他 | 0.08% | +0.01% | — | |
| 35 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.08% | -0.09% | EXIT | |
| 36 | BITB | Bitwise Bitcoin ETF | ETF-加密货币 | 0.08% | -0.02% | — | |
| 37 | AFRM | Affirm Holdings Inc | 股票-金融 | 0.07% | +0.26% | -84.67% | |
| 38 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.07% | -0.09% | EXIT | |
| 39 | MS | Morgan Stanley | 股票-金融 | 0.06% | -0.07% | EXIT | |
| 40 | AON | Aon plc | 股票-金融 | 0.06% | -0.06% | EXIT | |
| 41 | AMD | Advanced Micro Devices | 股票-科技 | 0.06% | -0.06% | EXIT | |
| 42 | UI | Ubiquiti Inc | 股票-科技 | 0.05% | -0.07% | EXIT | |
| 43 | XOM | Exxon Mobil CORP | 股票-能源 | 0.05% | -0.09% | EXIT | |
| 44 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.05% | -0.07% | EXIT | |
| 45 | ETHW | Bitwise Ethereum ETF | ETF-其他 | 0.05% | -0.01% | — | |
| 46 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.05% | -0.04% | EXIT | |
| 47 | 8QR | Confluent Inc-class A | 股票-其他 | 0.05% | — | — | |
| 48 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.05% | -0.05% | EXIT | |
| 49 | GEV | GE Vernova Inc | 股票-工业 | 0.05% | -0.07% | EXIT | |
| 50 | COF | Capital One Financial CORP | 股票-金融 | 0.05% | -0.04% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | META | Meta Platforms Inc-class A | +1.5% | +453.44% | 加仓 |
| 2 | NU | Nu Holdings Ltd. | +0.7% | +1.58% | 减仓 |
| 3 | GOOG | Alphabet Inc-cl C | +0.4% | — | 加仓 |
| 4 | AMZN | Amazon.com Inc | +0.3% | +197.52% | 加仓 |
| 5 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | — | 加仓 |
| 6 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +45850.00% | 加仓 |
| 7 | NFLX | Netflix Inc | +0.1% | +160.50% | 加仓 |
| 8 | CRWD | Crowdstrike Holdings Inc - A | 0% | +22.96% | 加仓 |
| 9 | RBLX | Roblox CORP -class A | -0.1% | -25.87% | 减仓 |
| 10 | AFRM | Affirm Holdings Inc | -0.5% | -84.67% | 减仓 |
| 11 | CART | Maplebear Inc | -1% | -18.62% | 减仓 |
| 12 | IVV | Ishares Core S&p 500 ETF | -1.2% | +1151.40% | 加仓 |
| 13 | OKTA | Okta Inc | -3% | +0.04% | 加仓 |
| 14 | ✓ | Coinbase Global Inc | — | NEW | 新建仓 |
| 15 | COIN | Coinbase Global Inc -class A | — | EXIT | 清仓 |
| 16 | HOOD | Robinhood Markets Inc - A | — | NEW | 新建仓 |
| 17 | ABNB | Airbnb Inc-class A | — | EXIT | 清仓 |
| 18 | ✓ | Samsara Inc | — | NEW | 新建仓 |
| 19 | ✓ | Airbnb Inc | — | NEW | 新建仓 |
| 20 | ✓ | Robinhood Mkts Inc | — | EXIT | 清仓 |
| 21 | MUB | Ishares National Muni Bond E | — | EXIT | 清仓 |
| 22 | ✓ | Samsara Inc | — | EXIT | 清仓 |
| 23 | VTEB | Vanguard Tax-exempt Bond ETF | — | EXIT | 清仓 |
| 24 | AVGO | Broadcom Inc | — | NEW | 新建仓 |
| 25 | ✓ | Digitalocean Hldgs Inc | — | NEW | 新建仓 |
| 26 | ✓ | Pinterest Inc | — | NEW | 新建仓 |
| 27 | EWJ | Ishares Msci Japan ETF | — | NEW | 新建仓 |
| 28 | NVDA | Nvidia CORP | — | NEW | 新建仓 |
| 29 | VOO | Vanguard S&p 500 ETF | — | NEW | 新建仓 |
| 30 | BAR | Graniteshares Gold Trust | — | NEW | 新建仓 |
| 31 | AAPL | Apple Inc | — | NEW | 新建仓 |
| 32 | DASH | Doordash Inc - A | — | NEW | 新建仓 |
| 33 | PINS | Pinterest Inc- Class A | — | EXIT | 清仓 |
| 34 | VEA | Vanguard Ftse Developed ETF | — | NEW | 新建仓 |
| 35 | JBBB | Janus Henderson B-bbb Clo Et | — | EXIT | 清仓 |
| 36 | TSLA | Tesla Inc | — | NEW | 新建仓 |
| 37 | PLTR | Palantir Technologies Inc-a | — | NEW | 新建仓 |
| 38 | GE | General Electric | — | NEW | 新建仓 |
| 39 | JPM | Jpmorgan Chase & Co | — | NEW | 新建仓 |
| 40 | ORCL | Oracle CORP | — | NEW | 新建仓 |
| 41 | WMT | Walmart Inc | — | NEW | 新建仓 |
| 42 | DFAC | Dimensional US Core Equity 2 | — | NEW | 新建仓 |
| 43 | GS | Goldman Sachs Group Inc | — | NEW | 新建仓 |
| 44 | LLY | Eli Lilly & Co | — | NEW | 新建仓 |
| 45 | MS | Morgan Stanley | — | NEW | 新建仓 |
| 46 | AON | Aon plc | — | NEW | 新建仓 |
| 47 | AMD | Advanced Micro Devices | — | NEW | 新建仓 |
| 48 | UI | Ubiquiti Inc | — | NEW | 新建仓 |
| 49 | XOM | Exxon Mobil CORP | — | NEW | 新建仓 |
| 50 | JNJ | Johnson & Johnson | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，a16z Perennial Management, L.P. 在 Q3 2025 季度的美股持仓总市值约为 US$12.4亿，共申报了 134 个公开持股仓位。
在 Q3 2025 季度，a16z Perennial Management, L.P. 按市值排列的前三大核心持股分别为：COINBASE GLOBAL INC (38.3%)、NU (19.4%)、HOOD (7.3%)。其中最大持股仓位 COINBASE GLOBAL INC 占据整体投资组合约 38.3% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
COINBASE GLOBAL INC
市值: US$5.0亿
本季最大获利了结 / 清仓标的
COIN
前期市值: US$3.3亿
在 Q3 2025 季度中，a16z Perennial Management, L.P. 共进行了 50 项持仓异动，包含新建仓 29 个仓位、加仓 9 个仓位、减仓 4 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 COINBASE GLOBAL INC。 本季清仓仓位包含 COIN。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
解析公司高管、董事与 10% 大股东之 Form 4 内部人交易申报，掌握高管自家股票买卖第一手信号。
深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。