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: 0001706766
申报总市值
US$214.6亿
US$214.6亿
826 檔
7.0%
Caption Management, LLC 在 Q2 2025 季度的美股仓位总计估值为 US$214.6亿，分散于 826 个持仓标的之中，反映其市场参与广度与投资规模。
Caption Management, LLC 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 34 个全新仓位及加仓 69 档持股的同时，亦同步清仓 45 档并减仓 51 档标的。
在资产配置集中度方面，Caption Management, LLC 的前 5 大核心持股（包含 CVNA, INTU, FSLR 等）合计占整体申报市值的 7.0%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 826 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 | CVNA | Carvana Co | 股票-周期性消费 | 5.60% | -1.07% | +306.05% | |
| 2 | INTU | Intuit Inc | 股票-科技 | 4.37% | +0.29% | +0.04% | |
| 3 | FSLR | First Solar Inc | 股票-科技 | 2.62% | — | +395.55% | |
| 4 | TSLA | Tesla Inc | 股票-周期性消费 | 2.11% | +0.25% | +0.67% | |
| 5 | JNP | Juniper Networks Inc | 股票-其他 | 1.91% | — | +72.86% | |
| 6 | APP | Applovin Corp-class A | 股票-科技 | 1.30% | — | -1.47% | |
| 7 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 1.24% | +0.05% | — | |
| 8 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.97% | +2.49% | -12.11% | |
| 9 | COR | Cencora Inc | 股票-医疗保健 | 0.93% | — | +22.93% | |
| 10 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.93% | +0.86% | -66.94% | |
| 11 | CRWV | Coreweave Inc-cl A | 股票-科技 | 0.92% | -0.18% | EXIT | |
| 12 | INSM | Insmed Inc | 股票-医疗保健 | 0.92% | +0.66% | +313.41% | |
| 13 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.87% | -0.02% | +6296.83% | |
| 14 | SLNOEUR | Soleno Therapeutics Inc | 股票-其他 | 0.86% | -0.31% | EXIT | |
| 15 | RUN | Sunrun Inc | 股票-科技 | 0.86% | +0.02% | +130.10% | |
| 16 | RDDT | Reddit Inc-cl A | 股票-通信服务 | 0.84% | -0.08% | -43.60% | |
| 17 | TKO | Tko Group Holdings Inc | 股票-通信服务 | 0.82% | — | +97.95% | |
| 18 | HUM | Humana Inc | 股票-医疗保健 | 0.81% | -0.06% | +154.01% | |
| 19 | GILD | Gilead Sciences Inc | 股票-医疗保健 | 0.80% | +0.69% | +719.50% | |
| 20 | VRSN | Verisign Inc | 股票-科技 | 0.80% | +0.22% | NEW | |
| 21 | ET | Energy Transfer LP | 股票-能源 | 0.79% | -0.12% | -45.49% | |
| 22 | MA | Mastercard Inc - A | 股票-金融 | 0.73% | -0.04% | EXIT | |
| 23 | RARE | Ultragenyx Pharmaceutical In | 股票-其他 | 0.69% | +0.11% | +237.57% | |
| 24 | ARGX | Argenx Se - Adr | 股票-医疗保健 | 0.65% | -0.09% | -12.64% | |
| 25 | ORCL | Oracle CORP | 股票-科技 | 0.64% | +0.02% | — | |
| 26 | FISV | Fiserv Inc | 股票-其他 | 0.63% | — | +109833.33% | |
| 27 | CLS | Celestica Inc | 股票-科技 | 0.63% | -0.45% | -53.11% | |
| 28 | SMCI | Super Micro Computer Inc | 股票-科技 | 0.59% | +0.25% | +3038.73% | |
| 29 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.59% | -0.07% | +10.74% | |
| 30 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.57% | — | — | |
| 31 | CORZ | Core Scientific Inc | 股票-科技 | 0.57% | +0.24% | +293.01% | |
| 32 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.54% | — | -45.31% | |
| 33 | NICE | Nice LTD - Spon Adr | 股票-科技 | 0.54% | +0.02% | NEW | |
| 34 | BOOT | Boot Barn Holdings Inc | 股票-周期性消费 | 0.54% | — | +1313.33% | |
| 35 | REGN | Regeneron Pharmaceuticals | 股票-医疗保健 | 0.53% | — | — | |
| 36 | CCJ | Cameco CORP | 股票-能源 | 0.52% | -0.05% | -37.05% | |
| 37 | XOM | Exxon Mobil CORP | 股票-能源 | 0.50% | -0.20% | +661.78% | |
| 38 | KEL | Kellanova | 股票-其他 | 0.50% | — | +32721.49% | |
| 39 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.50% | — | -24.43% | |
| 40 | GD | General Dynamics CORP | 股票-工业 | 0.50% | — | -9.09% | |
| 41 | NTRS | Northern Trust CORP | 股票-金融 | 0.48% | — | — | |
| 42 | ENPH | Enphase Energy Inc | 股票-科技 | 0.48% | — | — | |
| 43 | EOSE | Eos Energy Enterprises Inc | 股票-其他 | 0.45% | +0.01% | +6.91% | |
| 44 | WBA | Walgreens Boots Alliance Inc | 股票-其他 | 0.43% | — | +44.24% | |
| 45 | MGNI | Magnite Inc | 股票-其他 | 0.42% | +0.05% | +296.75% | |
| 46 | CM | Can Imperial Bk Of Commerce | 股票-金融 | 0.42% | +0.01% | NEW | |
| 47 | KNSA | Kiniksa Pharmaceuticals International, plc | 股票-其他 | 0.42% | -0.18% | +2187.50% | |
| 48 | LDOS | Leidos Holdings Inc | 股票-科技 | 0.42% | — | -12.63% | |
| 49 | UTHR | United Therapeutics CORP | 股票-医疗保健 | 0.42% | -2.09% | +46.08% | |
| 50 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.42% | — | +207.03% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CVNA | Carvana Co | +4.9% | +306.05% | 加仓 |
| 2 | FSLR | First Solar Inc | +2.3% | +395.55% | 加仓 |
| 3 | INTU | Intuit Inc | +1.4% | +0.04% | 加仓 |
| 4 | JNP | Juniper Networks Inc | +1% | +72.86% | 加仓 |
| 5 | CRWV | Coreweave Inc-cl A | +0.9% | NEW | 新建仓 |
| 6 | NET | Cloudflare Inc - Class A | +0.9% | +6296.83% | 加仓 |
| 7 | INSM | Insmed Inc | +0.8% | +313.41% | 加仓 |
| 8 | GILD | Gilead Sciences Inc | +0.7% | +719.50% | 加仓 |
| 9 | ORCL | Oracle CORP | +0.6% | NEW | 新建仓 |
| 10 | FISV | Fiserv Inc | +0.6% | +109833.33% | 加仓 |
| 11 | RUN | Sunrun Inc | +0.6% | +130.10% | 加仓 |
| 12 | TSLA | Tesla Inc | +0.6% | +0.67% | 加仓 |
| 13 | SMCI | Super Micro Computer Inc | +0.6% | +3038.73% | 加仓 |
| 14 | SCHW | Schwab (charles) CORP | +0.6% | NEW | 新建仓 |
| 15 | NICE | Nice LTD - Spon Adr | +0.5% | NEW | 新建仓 |
| 16 | REGN | Regeneron Pharmaceuticals | +0.5% | NEW | 新建仓 |
| 17 | RCL | Royal Caribbean Cruises Ltd. | +0.5% | — | 不变 |
| 18 | BOOT | Boot Barn Holdings Inc | +0.5% | +1313.33% | 加仓 |
| 19 | CORZ | Core Scientific Inc | +0.5% | +293.01% | 加仓 |
| 20 | TKO | Tko Group Holdings Inc | +0.5% | +97.95% | 加仓 |
| 21 | RARE | Ultragenyx Pharmaceutical In | +0.5% | +237.57% | 加仓 |
| 22 | HUM | Humana Inc | +0.5% | +154.01% | 加仓 |
| 23 | KEL | Kellanova | +0.5% | +32721.49% | 加仓 |
| 24 | NTRS | Northern Trust CORP | +0.5% | NEW | 新建仓 |
| 25 | ENPH | Enphase Energy Inc | +0.5% | NEW | 新建仓 |
| 26 | MA | Mastercard Inc - A | +0.5% | +134.80% | 加仓 |
| 27 | XOM | Exxon Mobil CORP | +0.4% | +661.78% | 加仓 |
| 28 | APP | Applovin Corp-class A | +0.4% | -1.47% | 减仓 |
| 29 | KNSA | Kiniksa Pharmaceuticals International, plc | +0.4% | +2187.50% | 加仓 |
| 30 | MGNI | Magnite Inc | +0.4% | +296.75% | 加仓 |
| 31 | DPZ | Domino's Pizza Inc | +0.3% | NEW | 新建仓 |
| 32 | PEGA | Pegasystems Inc | +0.3% | NEW | 新建仓 |
| 33 | SMR | Nuscale Power CORP | +0.3% | +86.61% | 加仓 |
| 34 | HSIC | Henry Schein Inc | +0.3% | +5991.52% | 加仓 |
| 35 | CDTX | Cidara Therapeutics Inc | +0.3% | NEW | 新建仓 |
| 36 | DAVE | Dave Inc | +0.3% | +652.67% | 加仓 |
| 37 | COR | Cencora Inc | +0.3% | +22.93% | 加仓 |
| 38 | AMKR | Amkor Technology Inc | +0.3% | +641.67% | 加仓 |
| 39 | BBWI | Bath & Body Works Inc | +0.3% | +404.23% | 加仓 |
| 40 | MTX | Minerals Technologies Inc | +0.3% | NEW | 新建仓 |
| 41 | QURE | uniQure N.V. | +0.3% | +1003.26% | 加仓 |
| 42 | BHVN | Biohaven Ltd. | +0.3% | +1142.26% | 加仓 |
| 43 | MRK | Merck & Co. Inc. | +0.3% | +207.03% | 加仓 |
| 44 | HOOD | Robinhood Markets Inc - A | +0.3% | NEW | 新建仓 |
| 45 | IMCR | Immunocore Holdings Plc-adr | +0.3% | +926.98% | 加仓 |
| 46 | IONS | Ionis Pharmaceuticals Inc | +0.3% | +750.88% | 加仓 |
| 47 | TSM | Taiwan Semiconductor-sp Adr | +0.3% | -12.11% | 减仓 |
| 48 | ANF | Abercrombie & Fitch Co-cl A | +0.3% | NEW | 新建仓 |
| 49 | DKS | Dick's Sporting Goods Inc | +0.3% | NEW | 新建仓 |
| 50 | ROIV | Roivant Sciences Ltd. | +0.3% | +779.24% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Caption Management, LLC 在 Q2 2025 季度的美股持仓总市值约为 US$214.6亿，共申报了 826 个公开持股仓位。
在 Q2 2025 季度，Caption Management, LLC 按市值排列的前三大核心持股分别为：CVNA (5.6%)、INTU (4.4%)、FSLR (2.6%)。其中最大持股仓位 CVNA 占据整体投资组合约 5.6% 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
CRWV
市值: US$8348.7万
本季最大获利了结 / 清仓标的
MSFT
前期市值: US$7.9亿
在 Q2 2025 季度中，Caption Management, LLC 共进行了 199 项持仓异动，包含新建仓 34 个仓位、加仓 69 个仓位、减仓 51 个仓位以及清仓 45 个仓位。 其中最大新建仓标的为 CRWV。 本季清仓仓位包含 MSFT。
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。