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。
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CIK: 0001574947
申报总市值
US$45.5亿
US$45.5亿
55 檔
47.8%
在 Q4 2025 申报期间，Comgest Global Investors S.a.s.（CIK: 0001574947）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$45.5亿，共持有 55 个公开申报仓位。
在 Q4 2025，Comgest Global Investors S.a.s. 展现出较为审慎的避险与获利了结姿态。本季共减仓 24 个仓位并完全清仓 5 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，Comgest Global Investors S.a.s. 的前 5 大核心持股（包含 TSM, MSFT, GOOGL 等）合计占整体申报市值的 47.8%，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 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 9.31% | +1.18% | -18.97% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 8.92% | -1.46% | -3.51% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 8.00% | +1.12% | -11.34% | |
| 4 | V | Visa Inc-class A Shares | 股票-金融 | 6.37% | +0.64% | -4.60% | |
| 5 | JNJ | Johnson & Johnson | 股票-医疗保健 | 6.10% | +0.05% | -9.06% | |
| 6 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.66% | +1.39% | -3.07% | |
| 7 | INTU | Intuit Inc | 股票-科技 | 5.22% | -4.48% | EXIT | |
| 8 | LIN | Linde plc | 股票-原材料 | 4.71% | +0.26% | -28.83% | |
| 9 | SPGI | S&p Global Inc | 股票-金融 | 4.23% | -1.06% | +0.01% | |
| 10 | LLY | Eli Lilly & Co | 股票-医疗保健 | 4.01% | +0.28% | -23.18% | |
| 11 | ZTS | Zoetis Inc | 股票-医疗保健 | 3.12% | -2.80% | -4.21% | |
| 12 | VRSK | Verisk Analytics Inc | 股票-工业 | 2.77% | -0.87% | +34.68% | |
| 13 | ORCL | Oracle CORP | 股票-科技 | 2.74% | -1.53% | +48.41% | |
| 14 | IDXX | Idexx Laboratories Inc | 股票-医疗保健 | 2.50% | +0.34% | -15.21% | |
| 15 | CPRT | Copart Inc | 股票-工业 | 2.16% | -0.05% | -2.72% | |
| 16 | ADI | Analog Devices Inc | 股票-科技 | 2.14% | +0.05% | -31.75% | |
| 17 | AXP | American Express Co | 股票-金融 | 1.93% | +0.48% | +8.54% | |
| 18 | ACN | Accenture plc | 股票-科技 | 1.89% | — | -7.10% | |
| 19 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.79% | -0.06% | -8.43% | |
| 20 | AON | Aon plc | 股票-金融 | 1.61% | +1.57% | +1860.31% | |
| 21 | CTAS | Cintas CORP | 股票-工业 | 1.54% | +1.26% | +195.04% | |
| 22 | MELI | Mercadolibre Inc | 股票-周期性消费 | 1.39% | -0.36% | +17.55% | |
| 23 | UBER | Uber Technologies Inc | 股票-工业 | 1.29% | -0.05% | +513.77% | |
| 24 | NVDA | Nvidia CORP | 股票-科技 | 1.22% | +1.70% | +42.34% | |
| 25 | AAPL | Apple Inc | 股票-科技 | 1.16% | +0.18% | -13.82% | |
| 26 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 0.95% | -0.43% | +1646.57% | |
| 27 | VMC | Vulcan Materials Co | 股票-原材料 | 0.82% | -0.07% | -3.93% | |
| 28 | SYK | Stryker CORP | 股票-医疗保健 | 0.75% | -0.13% | +20.51% | |
| 29 | NFLX | Netflix Inc | 股票-通信服务 | 0.74% | -0.20% | +3790.56% | |
| 30 | MMYT | MakeMyTrip Limited | 股票-其他 | 0.71% | +0.17% | +3.40% | |
| 31 | SCI | Service CORP International | 股票-周期性消费 | 0.71% | -0.25% | -1.70% | |
| 32 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.65% | -0.07% | -18.29% | |
| 33 | MA | Mastercard Inc - A | 股票-金融 | 0.45% | -0.07% | +27.62% | |
| 34 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.33% | -0.03% | -7.32% | |
| 35 | FERG | Ferguson Enterprises Inc | 股票-工业 | 0.28% | -0.06% | +4.05% | |
| 36 | FAST | Fastenal Co | 股票-工业 | 0.19% | +0.05% | +27.78% | |
| 37 | MSCI | Msci Inc | 股票-金融 | 0.19% | +0.01% | +55.69% | |
| 38 | GLOB | Globant S.A. | 股票-科技 | 0.17% | -0.11% | EXIT | |
| 39 | YUMC | Yum China Holdings Inc | 股票-周期性消费 | 0.16% | -0.03% | -10.15% | |
| 40 | MSI | Motorola Solutions Inc | 股票-科技 | 0.16% | +0.76% | +20.07% | |
| 41 | BDX | Becton Dickinson And Co | 股票-医疗保健 | 0.15% | -0.12% | +11.74% | |
| 42 | STVN | Stevanato Group S.p.A. | 股票-其他 | 0.12% | — | +2.28% | |
| 43 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 0.11% | -0.05% | -1.34% | |
| 44 | BZ | Kanzhun LTD - Adr | 股票-其他 | 0.11% | — | +88.27% | |
| 45 | HLT | Hilton Worldwide Holdings In | 股票-周期性消费 | 0.10% | -0.01% | — | |
| 46 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.08% | +1.10% | NEW | |
| 47 | URI | United Rentals Inc | 股票-工业 | 0.08% | +0.05% | — | |
| 48 | AVY | Avery Dennison CORP | 股票-周期性消费 | 0.04% | — | -80.44% | |
| 49 | WMT | Walmart Inc | 股票-非周期性消费 | 0.04% | -0.02% | -35.74% | |
| 50 | TME | Tencent Music Entertainm-adr | 股票-通信服务 | 0.04% | — | -59.23% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AON | Aon plc | +1.5% | +1860.31% | 加仓 |
| 2 | UBER | Uber Technologies Inc | +1% | +513.77% | 加仓 |
| 3 | GOOGL | Alphabet Inc-cl A | +1% | -11.34% | 减仓 |
| 4 | CTAS | Cintas CORP | +1% | +195.04% | 加仓 |
| 5 | SPOT | Spotify Technology S.A. | +0.9% | +1646.57% | 加仓 |
| 6 | NFLX | Netflix Inc | +0.5% | +3790.56% | 加仓 |
| 7 | VRSK | Verisk Analytics Inc | +0.5% | +34.68% | 加仓 |
| 8 | NVDA | Nvidia CORP | +0.4% | +42.34% | 加仓 |
| 9 | AXP | American Express Co | +0.4% | +8.54% | 加仓 |
| 10 | LLY | Eli Lilly & Co | +0.3% | -23.18% | 减仓 |
| 11 | SPGI | S&p Global Inc | +0.3% | +0.01% | 加仓 |
| 12 | AMZN | Amazon.com Inc | +0.1% | -3.07% | 减仓 |
| 13 | JNJ | Johnson & Johnson | +0.1% | -9.06% | 减仓 |
| 14 | MA | Mastercard Inc - A | +0.1% | +27.62% | 加仓 |
| 15 | SYK | Stryker CORP | +0.1% | +20.51% | 加仓 |
| 16 | ORCL | Oracle CORP | +0.1% | +48.41% | 加仓 |
| 17 | MSCI | Msci Inc | +0.1% | +55.69% | 加仓 |
| 18 | BZ | Kanzhun LTD - Adr | +0.1% | +88.27% | 加仓 |
| 19 | ACN | Accenture plc | 0% | -7.10% | 减仓 |
| 20 | GLOB | Globant S.A. | 0% | +0.69% | 加仓 |
| 21 | BDX | Becton Dickinson And Co | 0% | +11.74% | 加仓 |
| 22 | PDD | Pdd Holdings Inc | 0% | -1.34% | 减仓 |
| 23 | MDT | Medtronic plc | 0% | -79.97% | 减仓 |
| 24 | STVN | Stevanato Group S.p.A. | 0% | +2.28% | 加仓 |
| 25 | SCI | Service CORP International | -0.1% | -1.70% | 减仓 |
| 26 | MMYT | MakeMyTrip Limited | -0.1% | +3.40% | 加仓 |
| 27 | JBHT | Hunt (jb) Transprt Svcs Inc | -0.1% | -86.50% | 减仓 |
| 28 | V | Visa Inc-class A Shares | -0.1% | -4.60% | 减仓 |
| 29 | AAPL | Apple Inc | -0.1% | -13.82% | 减仓 |
| 30 | TME | Tencent Music Entertainm-adr | -0.1% | -59.23% | 减仓 |
| 31 | VMC | Vulcan Materials Co | -0.1% | -3.93% | 减仓 |
| 32 | AVY | Avery Dennison CORP | -0.2% | -80.44% | 减仓 |
| 33 | META | Meta Platforms Inc-class A | -0.2% | -18.29% | 减仓 |
| 34 | INTU | Intuit Inc | -0.3% | -2.31% | 减仓 |
| 35 | IDXX | Idexx Laboratories Inc | -0.3% | -15.21% | 减仓 |
| 36 | COST | Costco Wholesale CORP | -0.3% | -8.43% | 减仓 |
| 37 | CPRT | Copart Inc | -0.4% | -2.72% | 减仓 |
| 38 | ZTS | Zoetis Inc | -0.7% | -4.21% | 减仓 |
| 39 | ADI | Analog Devices Inc | -0.7% | -31.75% | 减仓 |
| 40 | MSFT | Microsoft CORP | -0.9% | -3.51% | 减仓 |
| 41 | TSM | Taiwan Semiconductor-sp Adr | -1.2% | -18.97% | 减仓 |
| 42 | LIN | Linde plc | -2.6% | -28.83% | 减仓 |
| 43 | FMX | Fomento Economico Mex-sp Adr | — | EXIT | 清仓 |
| 44 | HLT | Hilton Worldwide Holdings In | — | NEW | 新建仓 |
| 45 | URI | United Rentals Inc | — | NEW | 新建仓 |
| 46 | ASML | ASML Holding N.V. | — | EXIT | 清仓 |
| 47 | CSCO | Cisco Systems Inc | — | EXIT | 清仓 |
| 48 | RELX | Relx PLC - Spon Adr | — | EXIT | 清仓 |
| 49 | ALC | Alcon Inc. | — | EXIT | 清仓 |
| 50 | DHR | Danaher CORP | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Comgest Global Investors S.a.s. 在 Q4 2025 季度的美股持仓总市值约为 US$45.5亿，共申报了 55 个公开持股仓位。
在 Q4 2025 季度，Comgest Global Investors S.a.s. 按市值排列的前三大核心持股分别为：TSM (9.3%)、MSFT (8.9%)、GOOGL (8.0%)。其中最大持股仓位 TSM 占据整体投资组合约 9.3% 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
HLT
市值: US$534.3万
本季最大获利了结 / 清仓标的
FMX
前期市值: US$1731.1万
在 Q4 2025 季度中，Comgest Global Investors S.a.s. 共进行了 50 项持仓异动，包含新建仓 3 个仓位、加仓 18 个仓位、减仓 24 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 HLT。 本季清仓仓位包含 FMX。
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。