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: 0001632812
申报总市值
US$7.5亿
US$7.5亿
137 檔
44.0%
在 Q2 2025 申报期间，Bdf-gestion（CIK: 0001632812）向美国 SEC 提交的 Form 13F 报告显示，其追踪之股票投资组合总市值达 US$7.5亿，共持有 137 个公开申报仓位。
在 Q2 2025，Bdf-gestion 展现出较为审慎的避险与获利了结姿态。本季共减仓 25 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，Bdf-gestion 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合计占整体申报市值的 44.0%，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 | NVDA | Nvidia CORP | 股票-科技 | 10.66% | -10.06% | — | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 10.26% | -6.73% | -15.55% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 7.96% | -9.43% | -9.82% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通信服务 | 4.29% | -3.35% | +9.35% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.75% | -3.94% | -1.31% | |
| 6 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.73% | -3.94% | -36.40% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.52% | -2.16% | +6.92% | |
| 8 | LLY | Eli Lilly & Co | 股票-医疗保健 | 2.12% | -2.04% | -9.83% | |
| 9 | V | Visa Inc-class A Shares | 股票-金融 | 1.74% | -0.89% | -9.83% | |
| 10 | MA | Mastercard Inc - A | 股票-金融 | 1.27% | -0.62% | -9.83% | |
| 11 | HD | Home Depot Inc | 股票-周期性消费 | 1.26% | -0.17% | -9.83% | |
| 12 | BAC | Bank Of America CORP | 股票-金融 | 1.21% | -0.56% | -28.70% | |
| 13 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.20% | -0.45% | -30.53% | |
| 14 | AMD | Advanced Micro Devices | 股票-科技 | 1.16% | +9.09% | — | |
| 15 | NFLX | Netflix Inc | 股票-通信服务 | 1.06% | -0.54% | — | |
| 16 | CRM | Salesforce Inc | 股票-科技 | 0.99% | -0.74% | EXIT | |
| 17 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.90% | — | -9.82% | |
| 18 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.90% | +0.27% | -9.83% | |
| 19 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.88% | -0.49% | -9.83% | |
| 20 | NOW | Servicenow Inc | 股票-科技 | 0.88% | -0.27% | — | |
| 21 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.87% | -1.02% | -22.58% | |
| 22 | MSI | Motorola Solutions Inc | 股票-科技 | 0.80% | -0.27% | -9.83% | |
| 23 | TXN | Texas Instruments Inc | 股票-科技 | 0.78% | -0.19% | +50.00% | |
| 24 | ORCL | Oracle CORP | 股票-科技 | 0.78% | -0.56% | -9.83% | |
| 25 | CSCO | Cisco Systems Inc | 股票-科技 | 0.75% | -0.40% | -9.82% | |
| 26 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.74% | -0.74% | EXIT | |
| 27 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.74% | -0.72% | -5.89% | |
| 28 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.73% | +0.19% | NEW | |
| 29 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.73% | -0.40% | -39.05% | |
| 30 | C | Citigroup Inc | 股票-金融 | 0.71% | -0.50% | -22.38% | |
| 31 | ACN | Accenture plc | 股票-科技 | 0.68% | -0.09% | -9.83% | |
| 32 | TMUS | T-mobile US Inc | 股票-通信服务 | 0.66% | +0.21% | +42.37% | |
| 33 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 0.62% | +0.26% | -9.83% | |
| 34 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.61% | — | -9.82% | |
| 35 | ADP | Automatic Data Processing | 股票-科技 | 0.58% | -0.07% | -9.83% | |
| 36 | ADSK | Autodesk Inc | 股票-科技 | 0.58% | -0.09% | -9.83% | |
| 37 | LIN | Linde plc | 股票-原材料 | 0.57% | +0.18% | -9.84% | |
| 38 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.56% | -0.26% | -9.83% | |
| 39 | AXP | American Express Co | 股票-金融 | 0.56% | -0.15% | -9.83% | |
| 40 | ALL | Allstate CORP | 股票-金融 | 0.55% | +0.16% | -9.83% | |
| 41 | PLD | Prologis Inc | 股票-房地产 | 0.55% | -0.30% | -9.83% | |
| 42 | EA | Electronic Arts Inc | 股票-通信服务 | 0.52% | — | -9.83% | |
| 43 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.51% | -0.32% | -44.34% | |
| 44 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.50% | -0.66% | — | |
| 45 | RSG | Republic Services Inc | 股票-工业 | 0.49% | -0.19% | -9.83% | |
| 46 | MET | Metlife Inc | 股票-金融 | 0.47% | +0.02% | -9.83% | |
| 47 | INTC | Intel CORP | 股票-科技 | 0.47% | +0.28% | NEW | |
| 48 | SPGI | S&p Global Inc | 股票-金融 | 0.47% | — | -9.83% | |
| 49 | SPG | Simon Property Group Inc | 股票-房地产 | 0.47% | +0.21% | -9.83% | |
| 50 | ADI | Analog Devices Inc | 股票-科技 | 0.46% | +0.02% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +3.6% | — | 不变 |
| 2 | AVGO | Broadcom Inc | +1.5% | -1.31% | 减仓 |
| 3 | MSFT | Microsoft CORP | +1.4% | -15.55% | 减仓 |
| 4 | META | Meta Platforms Inc-class A | +1.3% | +9.35% | 加仓 |
| 5 | NFLX | Netflix Inc | +1.1% | NEW | 新建仓 |
| 6 | JPM | Jpmorgan Chase & Co | +0.6% | +6.92% | 加仓 |
| 7 | PLTR | Palantir Technologies Inc-a | +0.5% | NEW | 新建仓 |
| 8 | WFC | Wells Fargo & Co | +0.5% | NEW | 新建仓 |
| 9 | INTC | Intel CORP | +0.4% | +390.24% | 加仓 |
| 10 | AMD | Advanced Micro Devices | +0.4% | — | 不变 |
| 11 | TXN | Texas Instruments Inc | +0.3% | +50.00% | 加仓 |
| 12 | LRCX | Lam Research CORP | +0.3% | NEW | 新建仓 |
| 13 | CRM | Salesforce Inc | +0.3% | +27.78% | 加仓 |
| 14 | ORCL | Oracle CORP | +0.3% | -9.83% | 减仓 |
| 15 | NDAQ | Nasdaq Inc | +0.2% | +162.73% | 加仓 |
| 16 | NOW | Servicenow Inc | +0.2% | — | 不变 |
| 17 | ZS | Zscaler Inc | +0.2% | — | 不变 |
| 18 | TMUS | T-mobile US Inc | +0.2% | +42.37% | 加仓 |
| 19 | DDOG | Datadog Inc - Class A | +0.1% | -9.82% | 减仓 |
| 20 | MA | Mastercard Inc - A | -0.1% | -9.83% | 减仓 |
| 21 | ACN | Accenture plc | -0.1% | -9.83% | 减仓 |
| 22 | HD | Home Depot Inc | -0.1% | -9.83% | 减仓 |
| 23 | GS | Goldman Sachs Group Inc | -0.1% | -30.53% | 减仓 |
| 24 | MSI | Motorola Solutions Inc | -0.1% | -9.83% | 减仓 |
| 25 | V | Visa Inc-class A Shares | -0.1% | -9.83% | 减仓 |
| 26 | VZ | Verizon Communications Inc | -0.1% | -9.82% | 减仓 |
| 27 | FISV | Fiserv Inc | -0.1% | -9.83% | 减仓 |
| 28 | PG | Procter & Gamble Co/the | -0.1% | -9.83% | 减仓 |
| 29 | KDP | Keurig Dr Pepper Inc | -0.2% | EXIT | 清仓 |
| 30 | TMO | Thermo Fisher Scientific Inc | -0.2% | -9.83% | 减仓 |
| 31 | REGN | Regeneron Pharmaceuticals, Inc. | -0.2% | -50.84% | 减仓 |
| 32 | BAC | Bank Of America CORP | -0.2% | -28.70% | 减仓 |
| 33 | HUM | Humana Inc | -0.3% | -74.25% | 减仓 |
| 34 | COO | Cooper Cos Inc/the | -0.3% | EXIT | 清仓 |
| 35 | BURL | Burlington Stores Inc | -0.3% | EXIT | 清仓 |
| 36 | LLY | Eli Lilly & Co | -0.3% | -9.83% | 减仓 |
| 37 | PPG | Ppg Industries Inc | -0.3% | EXIT | 清仓 |
| 38 | ABBV | Abbvie Inc | -0.4% | -22.58% | 减仓 |
| 39 | MCK | Mckesson CORP | -0.4% | EXIT | 清仓 |
| 40 | FITB | Fifth Third Bancorp | -0.4% | EXIT | 清仓 |
| 41 | CDW | Cdw Corp/de | -0.4% | -69.12% | 减仓 |
| 42 | MRK | Merck & Co. Inc. | -0.5% | -44.34% | 减仓 |
| 43 | SCI | Service CORP International | -0.6% | EXIT | 清仓 |
| 44 | BKT | Blackrock Income Trust | -0.6% | -9.84% | 减仓 |
| 45 | GE | General Electric | -0.7% | EXIT | 清仓 |
| 46 | BKNG | Booking Holdings Inc | -0.8% | EXIT | 清仓 |
| 47 | GOOG | Alphabet Inc-cl C | -0.9% | -36.40% | 减仓 |
| 48 | UNH | Unitedhealth Group Inc | -1.2% | -39.05% | 减仓 |
| 49 | AAPL | Apple Inc | -1.3% | -9.82% | 减仓 |
| 50 | TSLA | Tesla Inc | -1.4% | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Bdf-gestion 在 Q2 2025 季度的美股持仓总市值约为 US$7.5亿，共申报了 137 个公开持股仓位。
在 Q2 2025 季度，Bdf-gestion 按市值排列的前三大核心持股分别为：NVDA (10.7%)、MSFT (10.3%)、AAPL (8.0%)。其中最大持股仓位 NVDA 占据整体投资组合约 10.7% 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
NFLX
市值: US$937.4万
本季最大获利了结 / 清仓标的
TSLA
前期市值: US$1303.9万
在 Q2 2025 季度中，Bdf-gestion 共进行了 46 项持仓异动，包含新建仓 4 个仓位、加仓 7 个仓位、减仓 25 个仓位以及清仓 10 个仓位。 其中最大新建仓标的为 NFLX。 本季清仓仓位包含 TSLA。
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。