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: 0001568280
申报总市值
US$50.5亿
US$50.5亿
263 檔
17.2%
根据最新整理的 13F 季度数据集，BW Gestao de Investimentos Ltda. 于 Q1 2026 结束时的管理资产规模为 US$50.5亿。该机构在本季度申报了 263 档美股持仓，呈现出该时期的主要投资地图。
BW Gestao de Investimentos Ltda. 在 Q1 2026 进行了结构性的板块轮动与仓位换股。在开立 67 个全新仓位及加仓 30 档持股的同时，亦同步清仓 47 档并减仓 55 档标的。
在资产配置集中度方面，BW Gestao de Investimentos Ltda. 的前 5 大核心持股（包含 IWM, SPY, IVV 等）合计占整体申报市值的 17.2%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
TSLA
市值: US$8550.3万
本季最大获利了结 / 清仓标的
KWEB
前期市值: US$8172.0万
仅显示前 200 大持股（共 263 只）
| # | 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 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 8.65% | -5.08% | -34.38% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 8.65% | +9.50% | -50.00% | |
| 3 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 6.51% | +9.69% | -59.39% | |
| 4 | TSLA | Tesla Inc | 股票-周期性消费 | 2.84% | -0.75% | — | |
| 5 | RBA | Rb Global Inc | 股票-工业 | 2.31% | -1.17% | -7.72% | |
| 6 | THC | Tenet Healthcare CORP | 股票-医疗保健 | 2.01% | -0.97% | -10.34% | |
| 7 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.92% | -0.13% | -77.78% | |
| 8 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 1.37% | -1.17% | -21.74% | |
| 9 | ECHO | Echostar Corp-a | 股票-通信服务 | 1.32% | -0.68% | +31.04% | |
| 10 | NTNX | Nutanix Inc - A | 股票-科技 | 1.30% | -0.85% | +55.27% | |
| 11 | COF | Capital One Financial CORP | 股票-金融 | 1.22% | -0.89% | +86.31% | |
| 12 | SOC | Sable Offshore CORP | 股票-其他 | 1.17% | -0.99% | +45.11% | |
| 13 | IGV | Ishares Expanded Tech-softwa | ETF-科技型 | 1.06% | -1.06% | EXIT | |
| 14 | COPX | Global X Copper Miners ETF | ETF-其他 | 1.04% | -0.35% | — | |
| 15 | AVGO | Broadcom Inc | 股票-科技 | 1.03% | -1.03% | EXIT | |
| 16 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.98% | -0.35% | -24.44% | |
| 17 | CPRI | Capri Holdings Limited | 股票-周期性消费 | 0.94% | -0.71% | +26.02% | |
| 18 | AAL | American Airlines Group Inc | 股票-工业 | 0.88% | -0.81% | +307.93% | |
| 19 | SHW | Sherwin-williams Co/the | 股票-原材料 | 0.83% | -0.36% | +41.01% | |
| 20 | PATH | Uipath Inc - Class A | 股票-科技 | 0.79% | -0.67% | -52.80% | |
| 21 | BX | Blackstone Inc | 股票-金融 | 0.75% | -0.25% | +31.46% | |
| 22 | ECL | Ecolab Inc | 股票-原材料 | 0.73% | +0.07% | -31.82% | |
| 23 | DKS | Dick's Sporting Goods Inc | 股票-周期性消费 | 0.71% | -0.50% | +4.15% | |
| 24 | SO | Southern Co/the | 股票-公用事业 | 0.67% | -0.30% | — | |
| 25 | AEP | American Electric Power | 股票-公用事业 | 0.67% | -0.32% | -9.78% | |
| 26 | AA | Alcoa CORP | 股票-原材料 | 0.67% | -0.64% | +290.37% | |
| 27 | MDLN | Medline Inc-cl A | 股票-其他 | 0.65% | -0.11% | +193.33% | |
| 28 | XEL | Xcel Energy Inc | 股票-公用事业 | 0.64% | -0.23% | +0.73% | |
| 29 | FIX | Comfort Systems USA Inc | 股票-工业 | 0.64% | -0.37% | — | |
| 30 | MSFT | Microsoft CORP | 股票-科技 | 0.64% | +0.95% | +72.83% | |
| 31 | ROST | Ross Stores Inc | 股票-周期性消费 | 0.63% | -0.46% | +1024.96% | |
| 32 | PH | Parker Hannifin CORP | 股票-工业 | 0.63% | -0.16% | +53.68% | |
| 33 | TLN | Talen Energy CORP | 股票-公用事业 | 0.63% | -0.63% | EXIT | |
| 34 | ED | Consolidated Edison Inc | 股票-公用事业 | 0.61% | -0.24% | -9.95% | |
| 35 | GLOB | Globant S.A. | 股票-科技 | 0.61% | -0.45% | +10.02% | |
| 36 | CENX | Century Aluminum Company | 股票-原材料 | 0.60% | -0.12% | +68.11% | |
| 37 | PAAS | Pan American Silver CORP | 股票-原材料 | 0.57% | -0.55% | +102.72% | |
| 38 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.57% | -0.47% | +40.06% | |
| 39 | VG | Venture Global Inc-cl A | 股票-能源 | 0.56% | -0.29% | — | |
| 40 | MU | Micron Technology Inc | 股票-科技 | 0.56% | +5.25% | -88.63% | |
| 41 | AAPL | Apple Inc | 股票-科技 | 0.56% | -0.12% | +98.40% | |
| 42 | SLV | Ishares Silver Trust | ETF-避险与商品 | 0.54% | -0.54% | EXIT | |
| 43 | WMB | Williams Cos Inc | 股票-能源 | 0.53% | -0.20% | — | |
| 44 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 0.53% | -0.19% | +72.72% | |
| 45 | FPS | Forgent Power Solutions Inc | 股票-其他 | 0.53% | -0.18% | — | |
| 46 | AMRZ | Amrize Ltd | 股票-原材料 | 0.52% | -0.40% | +113.99% | |
| 47 | ZION | Zions Bancorp NA | 股票-金融 | 0.51% | -0.27% | — | |
| 48 | CLVT | Clarivate Plc | 股票-其他 | 0.50% | -0.07% | +36.31% | |
| 49 | SWX | Southwest Gas Holdings Inc | 股票-公用事业 | 0.48% | -0.48% | EXIT | |
| 50 | IDA | Idacorp Inc | 股票-公用事业 | 0.47% | -0.18% | +9.74% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | SOC | Sable Offshore CORP | +0.9% | +45.11% | 加仓 |
| 2 | ECHO | Echostar Corp-a | +0.7% | +31.04% | 加仓 |
| 3 | AAL | American Airlines Group Inc | +0.7% | +307.93% | 加仓 |
| 4 | COF | Capital One Financial CORP | +0.6% | +86.31% | 加仓 |
| 5 | ROST | Ross Stores Inc | +0.6% | +1024.96% | 加仓 |
| 6 | AA | Alcoa CORP | +0.6% | +290.37% | 加仓 |
| 7 | NTNX | Nutanix Inc - A | +0.5% | +55.27% | 加仓 |
| 8 | MDLN | Medline Inc-cl A | +0.5% | +193.33% | 加仓 |
| 9 | RBA | Rb Global Inc | +0.5% | -7.72% | 减仓 |
| 10 | CENX | Century Aluminum Company | +0.4% | +68.11% | 加仓 |
| 11 | SHW | Sherwin-williams Co/the | +0.4% | +41.01% | 加仓 |
| 12 | THC | Tenet Healthcare CORP | +0.4% | -10.34% | 减仓 |
| 13 | PAAS | Pan American Silver CORP | +0.4% | +102.72% | 加仓 |
| 14 | AMRZ | Amrize Ltd | +0.4% | +113.99% | 加仓 |
| 15 | PH | Parker Hannifin CORP | +0.4% | +53.68% | 加仓 |
| 16 | AAPL | Apple Inc | +0.4% | +98.40% | 加仓 |
| 17 | HTO | H2o America | +0.3% | +172.09% | 加仓 |
| 18 | CNP | Centerpoint Energy Inc | +0.3% | +72.72% | 加仓 |
| 19 | GIL | Gildan Activewear Inc | +0.3% | +240.71% | 加仓 |
| 20 | FCX | Freeport-mcmoran Inc | +0.3% | +40.06% | 加仓 |
| 21 | MSFT | Microsoft CORP | +0.3% | +72.83% | 加仓 |
| 22 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.3% | -21.74% | 减仓 |
| 23 | CPRI | Capri Holdings Limited | +0.2% | +26.02% | 加仓 |
| 24 | BKU | Bankunited Inc | +0.2% | +54.29% | 加仓 |
| 25 | UAL | United Airlines Holdings Inc | +0.2% | +76.53% | 加仓 |
| 26 | VIST | Vista Energy Sab De Cv | +0.2% | +136.45% | 加仓 |
| 27 | NEM | Newmont CORP | +0.2% | +788.56% | 加仓 |
| 28 | SF | Stifel Financial CORP | +0.2% | +160.35% | 加仓 |
| 29 | AS | Amer Sports, Inc. | +0.2% | +170.25% | 加仓 |
| 30 | BKH | Black Hills CORP | +0.2% | +51.63% | 加仓 |
| 31 | TLN | Talen Energy CORP | +0.1% | +1.56% | 加仓 |
| 32 | V | Visa Inc-class A Shares | +0.1% | +169.02% | 加仓 |
| 33 | GLOB | Globant S.A. | +0.1% | +10.02% | 加仓 |
| 34 | XLV | Ss Health Care Select Sector | +0.1% | -24.44% | 减仓 |
| 35 | IFF | Intl Flavors & Fragrances | 0% | -29.08% | 减仓 |
| 36 | LITE | Lumentum Holdings Inc | 0% | -60.04% | 减仓 |
| 37 | NXT | Nextpower Inc-cl A | 0% | -43.74% | 减仓 |
| 38 | AMG | Affiliated Managers Group | 0% | -21.43% | 减仓 |
| 39 | ECL | Ecolab Inc | 0% | -31.82% | 减仓 |
| 40 | FE | Firstenergy CORP | — | -40.90% | 减仓 |
| 41 | PCG | P G & E CORP | — | -37.01% | 减仓 |
| 42 | PENN | Penn Entertainment Inc | — | -34.59% | 减仓 |
| 43 | CNR | Core Natural Resources Inc | — | -44.31% | 减仓 |
| 44 | EPAM | Epam Systems Inc | — | -0.13% | 减仓 |
| 45 | TKR | Timken Co | 0% | -43.73% | 减仓 |
| 46 | PFSI | Pennymac Financial Services | 0% | -2.78% | 减仓 |
| 47 | EVEX | Eve Holding Inc | 0% | — | 不变 |
| 48 | HLI | Houlihan Lokey Inc | 0% | -33.76% | 减仓 |
| 49 | LOW | Lowe's Cos Inc | 0% | -49.62% | 减仓 |
| 50 | EVRG | Evergy Inc | -0.1% | -48.18% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，BW Gestao de Investimentos Ltda. 在 Q1 2026 季度的美股持仓总市值约为 US$50.5亿，共申报了 263 个公开持股仓位。
在 Q1 2026 季度，BW Gestao de Investimentos Ltda. 按市值排列的前三大核心持股分别为：IWM (8.7%)、SPY (8.7%)、IVV (6.5%)。其中最大持股仓位 IWM 占据整体投资组合约 8.7% 的权重。
在 Q1 2026 季度中，BW Gestao de Investimentos Ltda. 共进行了 199 项持仓异动，包含新建仓 67 个仓位、加仓 30 个仓位、减仓 55 个仓位以及清仓 47 个仓位。 其中最大新建仓标的为 TSLA。 本季清仓仓位包含 KWEB。
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。
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。
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。