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: 0001123274
申报总市值
US$51.2亿
US$51.2亿
194 檔
36.8%
在 Q4 2025 的 13F 官方备案中，Bank Pictet & Cie 管理的美股投资组合规模来到 US$51.2亿，整体持股档数为 194 档。
在 Q4 2025，Bank Pictet & Cie 展现出较为审慎的避险与获利了结姿态。本季共减仓 29 个仓位并完全清仓 1 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，Bank Pictet & Cie 的前 5 大核心持股（包含 MSFT, AMZN, NVDA 等）合计占整体申报市值的 36.8%，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 | MSFT | Microsoft CORP | 股票-科技 | 8.73% | -0.51% | -2.01% | |
| 2 | AMZN | Amazon.com Inc | 股票-周期性消费 | 8.45% | +0.30% | -8.68% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 8.36% | +0.76% | -4.28% | |
| 4 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 8.02% | +0.82% | -15.00% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 4.00% | +0.05% | -1.90% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 3.06% | +0.14% | +76.08% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.62% | -0.22% | -7.33% | |
| 8 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 2.16% | -0.36% | +0.89% | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.07% | +0.03% | -25.60% | |
| 10 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 2.02% | +0.18% | — | |
| 11 | CTAS | Cintas CORP | 股票-工业 | 1.93% | -0.15% | — | |
| 12 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.93% | +0.06% | +8.97% | |
| 13 | AVGO | Broadcom Inc | 股票-科技 | 1.91% | +0.51% | +63.14% | |
| 14 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.81% | +0.42% | -34.03% | |
| 15 | DHR | Danaher CORP | 股票-医疗保健 | 1.67% | -0.13% | +25.43% | |
| 16 | WFC | Wells Fargo & Co | 股票-金融 | 1.41% | — | -5.99% | |
| 17 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 1.37% | +0.41% | -15.23% | |
| 18 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 1.34% | -0.06% | — | |
| 19 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.31% | +0.02% | +1.39% | |
| 20 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.28% | +0.04% | -12.20% | |
| 21 | IDXX | Idexx Laboratories Inc | 股票-医疗保健 | 1.20% | -0.15% | — | |
| 22 | SLB | Slb LTD | 股票-能源 | 1.17% | -0.25% | +53.16% | |
| 23 | ETN | Eaton Corporation plc | 股票-工业 | 1.12% | +0.03% | -4.10% | |
| 24 | CRM | Salesforce Inc | 股票-科技 | 1.11% | -0.17% | -14.75% | |
| 25 | SYK | Stryker CORP | 股票-医疗保健 | 1.10% | -0.12% | +8.23% | |
| 26 | NG | Novagold Resources Inc | 股票-其他 | 1.06% | -0.41% | — | |
| 27 | ORLY | O'reilly Automotive Inc | 股票-周期性消费 | 0.99% | -0.10% | +16.31% | |
| 28 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.98% | -0.43% | -13.88% | |
| 29 | PM | Philip Morris International | 股票-非周期性消费 | 0.96% | +0.08% | -0.44% | |
| 30 | TTE | TotalEnergies SE | 股票-其他 | 0.94% | -0.60% | — | |
| 31 | LIN | Linde plc | 股票-原材料 | 0.93% | -0.01% | +79.16% | |
| 32 | ZTS | Zoetis Inc | 股票-医疗保健 | 0.93% | -0.42% | -7.58% | |
| 33 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.84% | -0.38% | -18.25% | |
| 34 | AMD | Advanced Micro Devices | 股票-科技 | 0.82% | +1.86% | -17.52% | |
| 35 | SPGI | S&p Global Inc | 股票-金融 | 0.78% | -0.01% | +0.31% | |
| 36 | OC | Owens Corning | 股票-工业 | 0.77% | +0.26% | -11.19% | |
| 37 | RRC | Range Resources CORP | 股票-能源 | 0.73% | -0.34% | +100.00% | |
| 38 | CMG | Chipotle Mexican Grill Inc | 股票-周期性消费 | 0.71% | +0.09% | -35.88% | |
| 39 | PSKY | Paramount Skydance Cl B | 股票-通信服务 | 0.68% | — | — | |
| 40 | BA | Boeing Co/the | 股票-工业 | 0.68% | — | — | |
| 41 | BAC | Bank Of America CORP | 股票-金融 | 0.59% | -0.02% | -14.81% | |
| 42 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.53% | -0.03% | -27.24% | |
| 43 | UBER | Uber Technologies Inc | 股票-工业 | 0.53% | -0.04% | -1.15% | |
| 44 | MA | Mastercard Inc - A | 股票-金融 | 0.49% | +0.04% | -18.31% | |
| 45 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.47% | -0.07% | -6.55% | |
| 46 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.46% | +0.03% | -22.62% | |
| 47 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.44% | -0.05% | +181.22% | |
| 48 | MCO | Moody's CORP | 股票-金融 | 0.43% | -0.04% | -18.24% | |
| 49 | ESLT | Elbit Systems Ltd. | 股票-工业 | 0.41% | — | — | |
| 50 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.40% | -0.06% | -3.82% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +1.4% | +76.08% | 加仓 |
| 2 | AVGO | Broadcom Inc | +0.8% | +63.14% | 加仓 |
| 3 | GOOGL | Alphabet Inc-cl A | +0.7% | -15.00% | 减仓 |
| 4 | DHR | Danaher CORP | +0.5% | +25.43% | 加仓 |
| 5 | SLB | Slb LTD | +0.5% | +53.16% | 加仓 |
| 6 | ISRG | Intuitive Surgical Inc | +0.5% | +0.89% | 加仓 |
| 7 | LIN | Linde plc | +0.4% | +79.16% | 加仓 |
| 8 | RRC | Range Resources CORP | +0.3% | +100.00% | 加仓 |
| 9 | GILD | Gilead Sciences Inc | +0.3% | +893.54% | 加仓 |
| 10 | BKNG | Booking Holdings Inc | +0.3% | +181.22% | 加仓 |
| 11 | LLY | Eli Lilly & Co | +0.2% | -12.20% | 减仓 |
| 12 | ABBV | Abbvie Inc | +0.1% | +8.97% | 加仓 |
| 13 | MSCI | Msci Inc | +0.1% | +70.22% | 加仓 |
| 14 | EXK | Exact Sciences CORP | +0.1% | -9.19% | 减仓 |
| 15 | FCX | Freeport-mcmoran Inc | +0.1% | -6.55% | 减仓 |
| 16 | AMD | Advanced Micro Devices | +0.1% | -17.52% | 减仓 |
| 17 | IDXX | Idexx Laboratories Inc | +0.1% | — | 不变 |
| 18 | GLD | Spdr Gold Shares | +0.1% | +10.49% | 加仓 |
| 19 | WFC | Wells Fargo & Co | +0.1% | -5.99% | 减仓 |
| 20 | GOOG | Alphabet Inc-cl C | -0.1% | -25.60% | 减仓 |
| 21 | MDLZ | Mondelez International Inc-a | -0.1% | -8.14% | 减仓 |
| 22 | PINS | Pinterest Inc- Class A | -0.1% | -17.12% | 减仓 |
| 23 | WM | Waste Management Inc | -0.1% | -20.98% | 减仓 |
| 24 | UBER | Uber Technologies Inc | -0.1% | -1.15% | 减仓 |
| 25 | MA | Mastercard Inc - A | -0.1% | -18.31% | 减仓 |
| 26 | AUR | Aurora Innovation Inc | -0.1% | — | 不变 |
| 27 | QQQ | Invesco Qqq Trust Series 1 | -0.1% | -22.62% | 减仓 |
| 28 | MCD | Mcdonald's CORP | -0.2% | -13.88% | 减仓 |
| 29 | COST | Costco Wholesale CORP | -0.2% | — | 不变 |
| 30 | TXN | Texas Instruments Inc | -0.2% | -29.21% | 减仓 |
| 31 | DHI | Dr Horton Inc | -0.2% | -23.32% | 减仓 |
| 32 | CTAS | Cintas CORP | -0.2% | — | 不变 |
| 33 | ZTS | Zoetis Inc | -0.2% | -7.58% | 减仓 |
| 34 | ETN | Eaton Corporation plc | -0.3% | -4.10% | 减仓 |
| 35 | PSKY | Paramount Skydance Cl B | -0.3% | — | 不变 |
| 36 | MRSH | Marsh & Mclennan Cos | -0.3% | -18.25% | 减仓 |
| 37 | OC | Owens Corning | -0.3% | -11.19% | 减仓 |
| 38 | UNH | Unitedhealth Group Inc | -0.3% | -15.23% | 减仓 |
| 39 | AMZN | Amazon.com Inc | -0.4% | -8.68% | 减仓 |
| 40 | EOG | Eog Resources Inc | -0.4% | -97.86% | 减仓 |
| 41 | NVDA | Nvidia CORP | -0.4% | -4.28% | 减仓 |
| 42 | CMG | Chipotle Mexican Grill Inc | -0.5% | -35.88% | 减仓 |
| 43 | META | Meta Platforms Inc-class A | -0.5% | -7.33% | 减仓 |
| 44 | TSM | Taiwan Semiconductor-sp Adr | -0.7% | -34.03% | 减仓 |
| 45 | MSFT | Microsoft CORP | -0.8% | -2.01% | 减仓 |
| 46 | PG | Procter & Gamble Co/the | -1.1% | -81.50% | 减仓 |
| 47 | TTE | TotalEnergies SE | — | NEW | 新建仓 |
| 48 | TRGP | Targa Resources CORP | — | NEW | 新建仓 |
| 49 | RXRX | Recursion Pharmaceuticals-a | — | EXIT | 清仓 |
| 50 | PICK | Ishares Msci Global Metals & | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Bank Pictet & Cie 在 Q4 2025 季度的美股持仓总市值约为 US$51.2亿，共申报了 194 个公开持股仓位。
在 Q4 2025 季度，Bank Pictet & Cie 按市值排列的前三大核心持股分别为：MSFT (8.7%)、AMZN (8.4%)、NVDA (8.4%)。其中最大持股仓位 MSFT 占据整体投资组合约 8.7% 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$4718.6万
本季最大获利了结 / 清仓标的
RXRX
前期市值: US$795.4万
在 Q4 2025 季度中，Bank Pictet & Cie 共进行了 45 项持仓异动，包含新建仓 3 个仓位、加仓 12 个仓位、减仓 29 个仓位以及清仓 1 个仓位。 其中最大新建仓标的为 TTE。 本季清仓仓位包含 RXRX。
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。