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: 0001423065
申报总市值
US$1.3亿
US$1.3亿
55 檔
23.0%
在 Q4 2025 的 13F 官方备案中，Ativo Capital Management LLC 管理的美股投资组合规模来到 US$1.3亿，整体持股档数为 55 档。
在 Q4 2025，Ativo Capital Management LLC 展现出较为审慎的避险与获利了结姿态。本季共减仓 27 个仓位并完全清仓 10 档持股，调降曝光的仓位数量高于加仓动作。
在资产配置集中度方面，Ativo Capital Management LLC 的前 5 大核心持股（包含 , TSM, 等）合计占整体申报市值的 23.0%，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 | ✓ | 股票-其他 | 5.95% | — | -2.69% | ||
| 2 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.54% | +4.01% | -1.71% | |
| 3 | ✓ | 股票-其他 | 5.42% | — | — | ||
| 4 | ✓ | 股票-其他 | 4.97% | — | — | ||
| 5 | ✓ | 股票-其他 | 4.47% | — | -10.28% | ||
| 6 | ✓ | 股票-其他 | 4.40% | — | -32.34% | ||
| 7 | ✓ | 股票-其他 | 4.31% | — | — | ||
| 8 | ✓ | 股票-其他 | 2.14% | — | -21.07% | ||
| 9 | ✓ | 股票-其他 | 2.04% | — | — | ||
| 10 | LUGDF | Lundin Gold Inc | 股票-其他 | 1.95% | -0.67% | -6.28% | |
| 11 | AEM | Agnico Eagle Mines LTD | 股票-原材料 | 1.87% | -0.72% | -6.21% | |
| 12 | GIL | Gildan Activewear Inc | 股票-周期性消费 | 1.71% | -0.39% | -6.17% | |
| 13 | ALIZY | Allianz Se - Unsp Adr | 股票-其他 | 1.66% | -0.02% | -6.23% | |
| 14 | ✓ | 股票-其他 | 1.65% | — | -6.25% | ||
| 15 | ✓ | 股票-其他 | 1.63% | — | -21.04% | ||
| 16 | ✓ | 股票-其他 | 1.61% | — | -6.29% | ||
| 17 | BTI | British American Tob-sp Adr | 股票-非周期性消费 | 1.60% | -0.11% | -6.41% | |
| 18 | TD | Toronto-dominion Bank | 股票-金融 | 1.59% | +0.23% | +92.50% | |
| 19 | ✓ | 股票-其他 | 1.56% | — | -6.25% | ||
| 20 | UNCRY | Unicredit Spa-adr | 股票-其他 | 1.54% | +0.12% | -6.23% | |
| 21 | ✓ | 股票-其他 | 1.53% | — | -5.96% | ||
| 22 | HMY | Harmony Gold Mng-spon Adr | 股票-其他 | 1.51% | -0.15% | -6.28% | |
| 23 | ✓ | 股票-其他 | 1.49% | — | -6.24% | ||
| 24 | RY | Royal Bank Of Canada | 股票-金融 | 1.49% | +0.23% | -6.31% | |
| 25 | ABBNY | Abb Ltd-spon Adr | 股票-工业 | 1.47% | -0.02% | -6.17% | |
| 26 | WF | Woori Financial-spon Adr | 股票-其他 | 1.42% | -1.60% | EXIT | |
| 27 | ✓ | 股票-其他 | 1.42% | — | -6.27% | ||
| 28 | ✓ | 股票-其他 | 1.41% | — | -5.98% | ||
| 29 | TSCDY | Tesco Plc-sponsored Adr | 股票-其他 | 1.40% | -0.21% | -6.24% | |
| 30 | ✓ | 股票-其他 | 1.39% | — | -6.42% | ||
| 31 | ✓ | 股票-其他 | 1.39% | — | -6.22% | ||
| 32 | FJTSY | Fujitsu LTD - Unspon Adr | 股票-其他 | 1.39% | -0.16% | — | |
| 33 | CRARY | Credit Agricole Sa-unsp Adr | 股票-其他 | 1.39% | -0.07% | -6.32% | |
| 34 | ✓ | 股票-其他 | 1.37% | — | -9.72% | ||
| 35 | AXAHY | Axa -spons Adr | 股票-其他 | 1.35% | -0.05% | -6.37% | |
| 36 | ✓ | 股票-其他 | 1.34% | — | -6.16% | ||
| 37 | ✓ | 股票-其他 | 1.32% | — | — | ||
| 38 | IX | Orix - Sponsored Adr | 股票-其他 | 1.31% | +0.16% | -6.22% | |
| 39 | ✓ | 股票-其他 | 1.28% | — | -6.03% | ||
| 40 | KMTUY | Komatsu LTD -spons Adr | 股票-其他 | 1.27% | -0.51% | -6.25% | |
| 41 | ✓ | 股票-其他 | 1.25% | — | -6.24% | ||
| 42 | IPSEY | Ipsen Sa-sponsored Adr | 股票-其他 | 1.24% | -0.18% | — | |
| 43 | UL | Unilever Plc-sponsored Adr | 股票-非周期性消费 | 1.22% | -0.07% | — | |
| 44 | MKTAY | Makita Corp-spons Adr | 股票-其他 | 1.20% | -0.04% | — | |
| 45 | VLVLY | Volvo Ab-b Shs-unspon Adr | 股票-其他 | 1.12% | -0.50% | -6.21% | |
| 46 | ✓ | 股票-其他 | 1.09% | — | -6.10% | ||
| 47 | TM | Toyota Motor CORP -spon Adr | 股票-周期性消费 | 1.08% | — | -6.04% | |
| 48 | MSADY | Ms&ad Insurance-unspons Adr | 股票-其他 | 1.07% | -0.13% | -6.19% | |
| 49 | ✓ | 股票-其他 | 1.07% | — | -6.23% | ||
| 50 | CIG | Cia Energetica De-spon Adr | 股票-其他 | 1.03% | -0.39% | -5.19% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | TD | Toronto-dominion Bank | +0.9% | +92.50% | 加仓 |
| 2 | ✓ | +0.6% | — | 不变 | |
| 3 | ✓ | +0.6% | — | 不变 | |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +0.6% | -1.71% | 减仓 |
| 5 | LUGDF | Lundin Gold Inc | +0.4% | -6.28% | 减仓 |
| 6 | ✓ | +0.2% | -6.25% | 减仓 | |
| 7 | ✓ | +0.2% | -21.07% | 减仓 | |
| 8 | RY | Royal Bank Of Canada | +0.2% | -6.31% | 减仓 |
| 9 | ✓ | +0.2% | -6.24% | 减仓 | |
| 10 | ✓ | +0.1% | -6.29% | 减仓 | |
| 11 | IX | Orix - Sponsored Adr | +0.1% | -6.22% | 减仓 |
| 12 | ✓ | +0.1% | -6.25% | 减仓 | |
| 13 | TM | Toyota Motor CORP -spon Adr | +0.1% | -6.04% | 减仓 |
| 14 | SGBLY | Standard Bank Group-spon Adr | +0.1% | -12.81% | 减仓 |
| 15 | ABBNY | Abb Ltd-spon Adr | — | -6.17% | 减仓 |
| 16 | ✓ | 0% | -6.27% | 减仓 | |
| 17 | ✓ | 0% | -6.42% | 减仓 | |
| 18 | ✓ | 0% | -21.04% | 减仓 | |
| 19 | ✓ | 0% | -6.03% | 减仓 | |
| 20 | GOFPY | Opap Sa-unspon Adr | 0% | +0.07% | 加仓 |
| 21 | AEM | Agnico Eagle Mines LTD | 0% | -6.21% | 减仓 |
| 22 | AXAHY | Axa -spons Adr | 0% | -6.37% | 减仓 |
| 23 | TSCDY | Tesco Plc-sponsored Adr | -0.1% | -6.24% | 减仓 |
| 24 | ✓ | -0.1% | -6.23% | 减仓 | |
| 25 | CIG | Cia Energetica De-spon Adr | -0.1% | -5.19% | 减仓 |
| 26 | LNVGY | Lenovo Group Ltd-adr | -0.1% | +0.09% | 加仓 |
| 27 | ✓ | -0.2% | -9.72% | 减仓 | |
| 28 | KMTUY | Komatsu LTD -spons Adr | -0.2% | -6.25% | 减仓 |
| 29 | ✓ | -0.2% | -6.16% | 减仓 | |
| 30 | ✓ | -0.6% | -2.69% | 减仓 | |
| 31 | ✓ | -0.8% | -10.28% | 减仓 | |
| 32 | ✓ | -1.7% | -32.34% | 减仓 | |
| 33 | ✓ | — | NEW | 新建仓 | |
| 34 | ✓ | Finvolution Group Sp ADS | — | EXIT | 清仓 |
| 35 | ✓ | — | NEW | 新建仓 | |
| 36 | RELX | Relx PLC - Spon Adr | — | EXIT | 清仓 |
| 37 | HSBC | Hsbc Holdings Plc-spons Adr | — | EXIT | 清仓 |
| 38 | ✓ | — | EXIT | 清仓 | |
| 39 | ✓ | Auto Trader Group PLC Unsponso | — | EXIT | 清仓 |
| 40 | FJTSY | Fujitsu LTD - Unspon Adr | — | NEW | 新建仓 |
| 41 | UL | Unilever PLC | — | EXIT | 清仓 |
| 42 | ✓ | — | NEW | 新建仓 | |
| 43 | DSGX | Descartes Systems Grp/the | — | EXIT | 清仓 |
| 44 | NPNYY | Nippon Yusen Kk - Spon Adr | — | EXIT | 清仓 |
| 45 | IPSEY | Ipsen Sa-sponsored Adr | — | NEW | 新建仓 |
| 46 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建仓 |
| 47 | MKTAY | Makita Corp-spons Adr | — | NEW | 新建仓 |
| 48 | ✓ | — | EXIT | 清仓 | |
| 49 | ✓ | Klepierre Sa Act | — | EXIT | 清仓 |
| 50 | RAIFY | Raiffeisen Bank Int-unsp Adr | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Ativo Capital Management LLC 在 Q4 2025 季度的美股持仓总市值约为 US$1.3亿，共申报了 55 个公开持股仓位。
在 Q4 2025 季度，Ativo Capital Management LLC 按市值排列的前三大核心持股分别为： (6.0%)、TSM (5.5%)、 (5.4%)。其中最大持股仓位 占据整体投资组合约 6.0% 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
市值: US$567.1万
本季最大获利了结 / 清仓标的
Finvolution Group Sp ADS
前期市值: US$400.0万
在 Q4 2025 季度中，Ativo Capital Management LLC 共进行了 48 项持仓异动，包含新建仓 8 个仓位、加仓 3 个仓位、减仓 27 个仓位以及清仓 10 个仓位。 其中最大新建仓标的为 。 本季清仓仓位包含 Finvolution Group Sp ADS。
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。