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。
AlphaSMO 权威研究指南阅读专题
CIK: 0000898427
申报总市值
US$9188.5万
US$9188.5万
73 檔
96.9%
在 Q4 2025 的 13F 官方备案中，Axa S.a. 管理的美股投资组合规模来到 US$9188.5万，整体持股档数为 73 档。
Axa S.a. 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 16 个全新仓位及加仓 14 档持股的同时，亦同步清仓 4 档并减仓 38 档标的。
在资产配置集中度方面，Axa S.a. 的前 5 大核心持股（包含 SPY, TTE, NVDA 等）合计占整体申报市值的 96.9%，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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 21.92% | +7.30% | — | |
| 2 | TTE | TotalEnergies SE | 股票-其他 | 5.39% | +0.91% | — | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.02% | +0.62% | -11.61% | |
| 4 | IEMG | Ishares Core Msci Emerging | ETF-新兴市场 | 4.91% | -2.24% | — | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 4.88% | +0.92% | -9.49% | |
| 6 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 4.25% | +5.89% | +16.45% | |
| 7 | AAPL | Apple Inc | 股票-科技 | 3.86% | -0.90% | -9.52% | |
| 8 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.67% | +0.94% | -3.33% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 3.10% | -1.85% | — | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.62% | +3.63% | -59.44% | |
| 11 | STLA | Stellantis N.V. | 股票-周期性消费 | 2.24% | +1.10% | +7.35% | |
| 12 | LFT | Lument Finance Trust Inc | 股票-其他 | 2.23% | +2.00% | — | |
| 13 | RACE | Ferrari N.V. | 股票-周期性消费 | 1.90% | +1.23% | +7.51% | |
| 14 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.79% | -0.40% | -13.13% | |
| 15 | AVGO | Broadcom Inc | 股票-科技 | 1.65% | -1.04% | EXIT | |
| 16 | KO | Coca-cola Co/the | 股票-非周期性消费 | 1.61% | +2.31% | — | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 1.39% | +0.23% | +0.02% | |
| 18 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.39% | +0.93% | -14.31% | |
| 19 | BAC | Bank Of America CORP | 股票-金融 | 0.98% | -0.18% | -11.56% | |
| 20 | AMD | Advanced Micro Devices | 股票-科技 | 0.94% | -0.13% | — | |
| 21 | MU | Micron Technology Inc | 股票-科技 | 0.86% | +0.50% | -0.47% | |
| 22 | ADSK | Autodesk Inc | 股票-科技 | 0.83% | -0.50% | EXIT | |
| 23 | NFLX | Netflix Inc | 股票-通信服务 | 0.79% | -0.61% | EXIT | |
| 24 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.77% | -0.60% | EXIT | |
| 25 | CIEN | Ciena CORP | 股票-科技 | 0.77% | -0.50% | EXIT | |
| 26 | AXP | American Express Co | 股票-金融 | 0.76% | -0.42% | EXIT | |
| 27 | ADBE | Adobe Inc | 股票-科技 | 0.75% | +0.25% | +14.20% | |
| 28 | MS | Morgan Stanley | 股票-金融 | 0.74% | -0.51% | EXIT | |
| 29 | MNST | Monster Beverage CORP | 股票-非周期性消费 | 0.72% | -0.51% | EXIT | |
| 30 | MLM | Martin Marietta Materials | 股票-原材料 | 0.70% | -0.49% | EXIT | |
| 31 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.69% | -0.46% | EXIT | |
| 32 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.68% | -0.41% | EXIT | |
| 33 | ICE | Intercontinental Exchange In | 股票-金融 | 0.64% | -0.09% | EXIT | |
| 34 | EXK | Exact Sciences CORP | 股票-原材料 | 0.61% | — | -14.67% | |
| 35 | UBER | Uber Technologies Inc | 股票-工业 | 0.60% | -0.48% | EXIT | |
| 36 | EW | Edwards Lifesciences CORP | 股票-医疗保健 | 0.59% | — | -14.67% | |
| 37 | TSLA | Tesla Inc | 股票-周期性消费 | 0.57% | +0.16% | -16.67% | |
| 38 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 0.57% | -0.42% | EXIT | |
| 39 | ETN | Eaton Corporation plc | 股票-工业 | 0.56% | -0.60% | EXIT | |
| 40 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.56% | -0.49% | EXIT | |
| 41 | PLNT | Planet Fitness Inc - Cl A | 股票-周期性消费 | 0.54% | -0.28% | EXIT | |
| 42 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.54% | -0.34% | EXIT | |
| 43 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.53% | -0.45% | EXIT | |
| 44 | CLH | Clean Harbors Inc | 股票-工业 | 0.51% | -0.47% | EXIT | |
| 45 | PGR | Progressive CORP | 股票-金融 | 0.49% | -0.28% | EXIT | |
| 46 | EOG | Eog Resources Inc | 股票-能源 | 0.46% | -0.48% | EXIT | |
| 47 | NOW | Servicenow Inc | 股票-科技 | 0.46% | — | +323.46% | |
| 48 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.45% | +3.72% | NEW | |
| 49 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.40% | -22.51% | +37.48% | |
| 50 | HLI | Houlihan Lokey Inc | 股票-金融 | 0.39% | -0.24% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | STLA | Stellantis N.V. | +0.4% | +7.35% | 加仓 |
| 2 | BRK-B | Berkshire Hathaway Inc-cl B | +0.4% | +16.45% | 加仓 |
| 3 | MU | Micron Technology Inc | +0.3% | -0.47% | 减仓 |
| 4 | EXK | Exact Sciences CORP | +0.2% | -14.67% | 减仓 |
| 5 | LLY | Eli Lilly & Co | +0.2% | -14.31% | 减仓 |
| 6 | GE | General Electric | +0.1% | +29.44% | 加仓 |
| 7 | ADBE | Adobe Inc | +0.1% | +14.20% | 加仓 |
| 8 | BABA | Alibaba Group Holding-sp Adr | +0.1% | +37.48% | 加仓 |
| 9 | RTX | Rtx CORP | +0.1% | +20.03% | 加仓 |
| 10 | CAT | Caterpillar Inc | 0% | — | 不变 |
| 11 | ORCL | Oracle CORP | 0% | +86.72% | 加仓 |
| 12 | MRK | Merck & Co. Inc. | 0% | -14.69% | 减仓 |
| 13 | TSM | Taiwan Semiconductor-sp Adr | — | +372.39% | 加仓 |
| 14 | KO | Coca-cola Co/the | 0% | — | 不变 |
| 15 | TMO | Thermo Fisher Scientific Inc | 0% | -14.69% | 减仓 |
| 16 | V | Visa Inc-class A Shares | 0% | +0.02% | 加仓 |
| 17 | MLM | Martin Marietta Materials | -0.1% | -1.05% | 减仓 |
| 18 | TSCO | Tractor Supply Company | -0.1% | +4.51% | 加仓 |
| 19 | CRUS | Cirrus Logic Inc | -0.1% | -14.67% | 减仓 |
| 20 | QCOM | Qualcomm Inc | -0.1% | -14.68% | 减仓 |
| 21 | MNST | Monster Beverage CORP | -0.1% | -14.67% | 减仓 |
| 22 | IR | Ingersoll-rand Inc | -0.1% | -14.68% | 减仓 |
| 23 | EW | Edwards Lifesciences CORP | -0.1% | -14.67% | 减仓 |
| 24 | MS | Morgan Stanley | -0.1% | -14.70% | 减仓 |
| 25 | AXP | American Express Co | -0.1% | -14.66% | 减仓 |
| 26 | UNH | Unitedhealth Group Inc | -0.1% | -14.72% | 减仓 |
| 27 | CLH | Clean Harbors Inc | -0.1% | -14.69% | 减仓 |
| 28 | ECL | Ecolab Inc | -0.1% | -14.70% | 减仓 |
| 29 | BKNG | Booking Holdings Inc | -0.1% | -14.42% | 减仓 |
| 30 | PLNT | Planet Fitness Inc - Cl A | -0.1% | -14.67% | 减仓 |
| 31 | JPM | Jpmorgan Chase & Co | -0.1% | -24.15% | 减仓 |
| 32 | RCL | Royal Caribbean Cruises Ltd. | -0.1% | +0.49% | 加仓 |
| 33 | MSA | Msa Safety Inc | -0.1% | -14.66% | 减仓 |
| 34 | TJX | Tjx Companies Inc | -0.1% | -14.67% | 减仓 |
| 35 | NEE | Nextera Energy Inc | -0.1% | -14.67% | 减仓 |
| 36 | BAC | Bank Of America CORP | -0.1% | -11.56% | 减仓 |
| 37 | TSLA | Tesla Inc | -0.2% | -16.67% | 减仓 |
| 38 | AMZN | Amazon.com Inc | -0.2% | -3.33% | 减仓 |
| 39 | EOG | Eog Resources Inc | -0.2% | -15.44% | 减仓 |
| 40 | PGR | Progressive CORP | -0.2% | -14.68% | 减仓 |
| 41 | ICE | Intercontinental Exchange In | -0.2% | -14.67% | 减仓 |
| 42 | BSX | Boston Scientific CORP | -0.2% | -14.68% | 减仓 |
| 43 | COST | Costco Wholesale CORP | -0.2% | -14.69% | 减仓 |
| 44 | IEMG | Ishares Core Msci Emerging | -0.2% | — | 不变 |
| 45 | NOW | Servicenow Inc | -0.2% | +323.46% | 加仓 |
| 46 | ETN | Eaton Corporation plc | -0.3% | -14.69% | 减仓 |
| 47 | UBER | Uber Technologies Inc | -0.3% | -14.68% | 减仓 |
| 48 | CIEN | Ciena CORP | -0.3% | -54.47% | 减仓 |
| 49 | AAPL | Apple Inc | -0.4% | -9.52% | 减仓 |
| 50 | NFLX | Netflix Inc | -0.5% | +753.07% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Axa S.a. 在 Q4 2025 季度的美股持仓总市值约为 US$9188.5万，共申报了 73 个公开持股仓位。
在 Q4 2025 季度，Axa S.a. 按市值排列的前三大核心持股分别为：SPY (21.9%)、TTE (5.4%)、NVDA (5.0%)。其中最大持股仓位 SPY 占据整体投资组合约 21.9% 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
TTE
市值: US$1138.7万
本季最大获利了结 / 清仓标的
VOO
前期市值: US$332.3万
在 Q4 2025 季度中，Axa S.a. 共进行了 72 项持仓异动，包含新建仓 16 个仓位、加仓 14 个仓位、减仓 38 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 TTE。 本季清仓仓位包含 VOO。
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。