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: 0002110313
申报总市值
US$2.6亿
US$2.6亿
46 檔
55.1%
在 Q4 2025 的 13F 官方备案中，Altrafin AG 管理的美股投资组合规模来到 US$2.6亿，整体持股档数为 46 档。
Altrafin AG 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 3 个全新仓位及加仓 18 档持股的同时，亦同步清仓 5 档并减仓 15 档标的。
在资产配置集中度方面，Altrafin AG 的前 5 大核心持股（包含 GOOGL, MSFT, AMZN 等）合计占整体申报市值的 55.1%，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 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 13.92% | -0.14% | -7.74% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 9.34% | +0.26% | +2.73% | |
| 3 | AMZN | Amazon.com Inc | 股票-周期性消费 | 8.63% | -0.70% | +4.19% | |
| 4 | MA | Mastercard Inc - A | 股票-金融 | 7.90% | -0.87% | +34.33% | |
| 5 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 4.86% | +0.44% | -16.90% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.84% | +1.06% | +2.74% | |
| 7 | SPGI | S&p Global Inc | 股票-金融 | 3.77% | -1.18% | +8.43% | |
| 8 | ACWI | Ishares Msci Acwi ETF | ETF-其他 | 3.57% | +0.79% | — | |
| 9 | AAPL | Apple Inc | 股票-科技 | 3.49% | -0.16% | +2.54% | |
| 10 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 3.43% | +0.38% | +98.52% | |
| 11 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 3.29% | +0.17% | -4.24% | |
| 12 | UBER | Uber Technologies Inc | 股票-工业 | 3.05% | -0.25% | +91.54% | |
| 13 | ICE | Intercontinental Exchange In | 股票-金融 | 2.95% | -0.21% | -0.30% | |
| 14 | NVO | Novo-nordisk A/s-spons Adr | 股票-医疗保健 | 2.83% | +0.42% | -29.39% | |
| 15 | NVDA | Nvidia CORP | 股票-科技 | 2.76% | +0.19% | -43.83% | |
| 16 | FTNT | Fortinet Inc | 股票-科技 | 2.60% | +0.12% | +5.36% | |
| 17 | U 0 11-15-26债券 | Unity Software Inc | 债券 | 2.05% | +0.16% | — | |
| 18 | SEALTD 0.25 09-15-26债券 | Sea LTD | 债券 | 1.81% | +0.28% | — | |
| 19 | NFLX | Netflix Inc | 股票-通信服务 | 1.75% | -1.32% | +1228.97% | |
| 20 | MCO | Moody's CORP | 股票-金融 | 1.56% | -0.21% | -11.06% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.26% | -0.86% | +5.59% | |
| 22 | CRM | Salesforce Inc | 股票-科技 | 1.13% | — | — | |
| 23 | EFX | Equifax Inc | 股票-工业 | 1.10% | -0.73% | EXIT | |
| 24 | AMD | Advanced Micro Devices | 股票-科技 | 0.91% | +0.54% | -37.84% | |
| 25 | FISV | Fiserv Inc | 股票-其他 | 0.89% | -0.03% | +9.37% | |
| 26 | INTU | Intuit Inc | 股票-科技 | 0.84% | -0.53% | EXIT | |
| 27 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.76% | -0.65% | EXIT | |
| 28 | FICO | Fair Isaac CORP | 股票-科技 | 0.67% | -0.46% | EXIT | |
| 29 | SHEL | Shell Plc-adr | 股票-能源 | 0.64% | -0.12% | — | |
| 30 | ASML | ASML Holding N.V. | 股票-科技 | 0.53% | -0.27% | EXIT | |
| 31 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.47% | +0.04% | — | |
| 32 | ADBE | Adobe Inc | 股票-科技 | 0.44% | — | — | |
| 33 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.30% | -0.15% | EXIT | |
| 34 | SLRC | Slr Investment CORP | 股票-其他 | 0.25% | -0.25% | EXIT | |
| 35 | UPWK 0.25 08-15-26债券 | Upwork Inc | 债券 | 0.18% | +0.02% | — | |
| 36 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.18% | -0.22% | EXIT | |
| 37 | QCOM | Qualcomm Inc | 股票-科技 | 0.17% | — | -35.71% | |
| 38 | BA | Boeing Co/the | 股票-工业 | 0.14% | -0.07% | EXIT | |
| 39 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.13% | -0.15% | EXIT | |
| 40 | FDX | Fedex CORP | 股票-工业 | 0.13% | -0.07% | EXIT | |
| 41 | SNOW | Snowflake Inc | 股票-科技 | 0.11% | +0.07% | — | |
| 42 | SE | Sea Ltd-adr | 股票-通信服务 | 0.11% | +0.03% | -75.37% | |
| 43 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.11% | -0.22% | — | |
| 44 | TTD | Trade Desk Inc/the -class A | 股票-通信服务 | 0.09% | — | -65.56% | |
| 45 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.08% | -0.12% | EXIT | |
| 46 | AKAM 1.125 02-15-29债券 | Akamai Technologies Inc | 债券 | — | +0.23% | +0.28% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +2.2% | -7.74% | 减仓 |
| 2 | MA | Mastercard Inc - A | +2% | +34.33% | 加仓 |
| 3 | UNH | Unitedhealth Group Inc | +1.6% | +98.52% | 加仓 |
| 4 | UBER | Uber Technologies Inc | +1.1% | +91.54% | 加仓 |
| 5 | AMZN | Amazon.com Inc | +0.8% | +4.19% | 加仓 |
| 6 | SPGI | S&p Global Inc | +0.5% | +8.43% | 加仓 |
| 7 | AAPL | Apple Inc | +0.3% | +2.54% | 加仓 |
| 8 | JPM | Jpmorgan Chase & Co | +0.2% | +2.74% | 加仓 |
| 9 | ASML | ASML Holding N.V. | +0.2% | +42.87% | 加仓 |
| 10 | FICO | Fair Isaac CORP | +0.2% | +19.01% | 加仓 |
| 11 | TMO | Thermo Fisher Scientific Inc | +0.2% | +79.22% | 加仓 |
| 12 | CRM | Salesforce Inc | +0.1% | — | 不变 |
| 13 | ACWI | Ishares Msci Acwi ETF | +0.1% | — | 不变 |
| 14 | NFLX | Netflix Inc | +0.1% | +1228.97% | 加仓 |
| 15 | NEE | Nextera Energy Inc | 0% | — | 不变 |
| 16 | FDX | Fedex CORP | 0% | — | 不变 |
| 17 | SHEL | Shell Plc-adr | 0% | — | 不变 |
| 18 | SLRC | Slr Investment CORP | 0% | +2.65% | 加仓 |
| 19 | AKAM 1.125 02-15-29债券 | Akamai Technologies Inc | 0% | +0.28% | 加仓 |
| 20 | ADBE | Adobe Inc | — | — | 不变 |
| 21 | PEP | Pepsico Inc | — | — | 不变 |
| 22 | MELI | Mercadolibre Inc | 0% | — | 不变 |
| 23 | FTNT | Fortinet Inc | 0% | +5.36% | 加仓 |
| 24 | SNOW | Snowflake Inc | 0% | — | 不变 |
| 25 | COST | Costco Wholesale CORP | 0% | -4.39% | 减仓 |
| 26 | PLTR | Palantir Technologies Inc-a | -0.1% | -46.30% | 减仓 |
| 27 | META | Meta Platforms Inc-class A | -0.1% | +5.59% | 加仓 |
| 28 | MCO | Moody's CORP | -0.1% | -11.06% | 减仓 |
| 29 | QCOM | Qualcomm Inc | -0.1% | -35.71% | 减仓 |
| 30 | EFX | Equifax Inc | -0.1% | +5.45% | 加仓 |
| 31 | ICE | Intercontinental Exchange In | -0.1% | -0.30% | 减仓 |
| 32 | AMD | Advanced Micro Devices | -0.2% | -37.84% | 减仓 |
| 33 | TTD | Trade Desk Inc/the -class A | -0.2% | -65.56% | 减仓 |
| 34 | CRWD | Crowdstrike Holdings Inc - A | -0.3% | -4.24% | 减仓 |
| 35 | MSFT | Microsoft CORP | -0.4% | +2.73% | 加仓 |
| 36 | TSM | Taiwan Semiconductor-sp Adr | -0.5% | -16.90% | 减仓 |
| 37 | SE | Sea Ltd-adr | -0.5% | -75.37% | 减仓 |
| 38 | FISV | Fiserv Inc | -0.7% | +9.37% | 加仓 |
| 39 | INTU | Intuit Inc | -1.1% | -54.70% | 减仓 |
| 40 | BKNG | Booking Holdings Inc | -1.2% | -60.37% | 减仓 |
| 41 | NVO | Novo-nordisk A/s-spons Adr | -1.5% | -29.39% | 减仓 |
| 42 | NVDA | Nvidia CORP | -2.2% | -43.83% | 减仓 |
| 43 | PYPL | Paypal Holdings Inc | — | EXIT | 清仓 |
| 44 | U 0 11-15-26债券 | Unity Software Inc | — | NEW | 新建仓 |
| 45 | SEALTD 0.25 09-15-26债券 | Sea LTD | — | NEW | 新建仓 |
| 46 | MRVL | Marvell Technology Inc | — | EXIT | 清仓 |
| 47 | NET | Cloudflare Inc - Class A | — | EXIT | 清仓 |
| 48 | UPWK 0.25 08-15-26债券 | Upwork Inc | — | NEW | 新建仓 |
| 49 | CRWV | Coreweave Inc-cl A | — | EXIT | 清仓 |
| 50 | DNUT | Krispy Kreme Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Altrafin AG 在 Q4 2025 季度的美股持仓总市值约为 US$2.6亿，共申报了 46 个公开持股仓位。
在 Q4 2025 季度，Altrafin AG 按市值排列的前三大核心持股分别为：GOOGL (13.9%)、MSFT (9.3%)、AMZN (8.6%)。其中最大持股仓位 GOOGL 占据整体投资组合约 13.9% 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
U 0 11-15-26
市值: US$646.6万
本季最大获利了结 / 清仓标的
PYPL
前期市值: US$919.1万
在 Q4 2025 季度中，Altrafin AG 共进行了 41 项持仓异动，包含新建仓 3 个仓位、加仓 18 个仓位、减仓 15 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 U 0 11-15-26。 本季清仓仓位包含 PYPL。
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。