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: 0001697717
申报总市值
US$5.9亿
US$5.9亿
142 檔
44.1%
根据最新整理的 13F 季度数据集，Covenant Asset Management, LLC 于 Q2 2025 结束时的管理资产规模为 US$5.9亿。该机构在本季度申报了 142 档美股持仓，呈现出该时期的主要投资地图。
Covenant Asset Management, LLC 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 6 个全新仓位及加仓 18 档持股的同时，亦同步清仓 4 档并减仓 21 档标的。
在资产配置集中度方面，Covenant Asset Management, LLC 的前 5 大核心持股（包含 QQQ, BKNG, NVDA 等）合计占整体申报市值的 44.1%，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 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 12.93% | -6.03% | +1805.55% | |
| 2 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 8.56% | -2.09% | EXIT | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 6.70% | +1.37% | -0.01% | |
| 4 | MELI | Mercadolibre Inc | 股票-周期性消费 | 5.59% | -0.91% | EXIT | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 5.00% | +0.43% | -12.52% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 3.93% | +1.34% | +10.59% | |
| 7 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.90% | +0.68% | +0.10% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.64% | +0.73% | -6.22% | |
| 9 | NFLX | Netflix Inc | 股票-通信服务 | 2.15% | -0.30% | -46.96% | |
| 10 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.12% | -0.71% | -32.30% | |
| 11 | SHOP | Shopify Inc - Class A | 股票-科技 | 1.80% | +0.02% | +1.10% | |
| 12 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.54% | +0.33% | +0.43% | |
| 13 | TTD | Trade Desk Inc/the -class A | 股票-通信服务 | 1.47% | — | -0.56% | |
| 14 | PWR | Quanta Services Inc | 股票-工业 | 1.42% | +0.87% | -1.12% | |
| 15 | HWM | Howmet Aerospace Inc | 股票-工业 | 1.32% | +0.46% | -0.35% | |
| 16 | ANET | Arista Networks Inc | 股票-科技 | 1.28% | +0.44% | -0.55% | |
| 17 | GEV | GE Vernova Inc | 股票-工业 | 1.28% | +0.39% | +76.94% | |
| 18 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.25% | +0.79% | +2.73% | |
| 19 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.22% | +0.14% | +1.05% | |
| 20 | NOW | Servicenow Inc | 股票-科技 | 1.18% | +0.05% | -55.43% | |
| 21 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.14% | +0.76% | -33.11% | |
| 22 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 1.11% | +0.37% | +3.62% | |
| 23 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 1.07% | -0.72% | EXIT | |
| 24 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.01% | -0.82% | +1.41% | |
| 25 | ASML | ASML Holding N.V. | 股票-科技 | 0.98% | -1.89% | -0.58% | |
| 26 | KLAC | Kla CORP | 股票-科技 | 0.97% | +0.92% | -39.67% | |
| 27 | QCOM | Qualcomm Inc | 股票-科技 | 0.88% | +0.13% | -1.25% | |
| 28 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.88% | -0.01% | +0.74% | |
| 29 | TDG | Transdigm Group Inc | 股票-工业 | 0.88% | -0.03% | EXIT | |
| 30 | LNG | Cheniere Energy Inc | 股票-能源 | 0.87% | — | +0.73% | |
| 31 | ADP | Automatic Data Processing | 股票-科技 | 0.80% | +0.09% | +0.25% | |
| 32 | VRTX | Vertex Pharmaceuticals Inc | 股票-医疗保健 | 0.80% | +0.17% | -3.09% | |
| 33 | ARM | Arm Holdings Plc-adr | 股票-科技 | 0.78% | +0.11% | -9.57% | |
| 34 | COF | Capital One Financial CORP | 股票-金融 | 0.78% | +0.15% | +3.55% | |
| 35 | UBER | Uber Technologies Inc | 股票-工业 | 0.75% | — | +0.66% | |
| 36 | AXP | American Express Co | 股票-金融 | 0.70% | +0.20% | +475.44% | |
| 37 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.65% | +0.17% | -1.04% | |
| 38 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.65% | +0.27% | +517.18% | |
| 39 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.63% | — | +2.72% | |
| 40 | SYK | Stryker CORP | 股票-医疗保健 | 0.63% | — | -1.25% | |
| 41 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.62% | -1.47% | +2.28% | |
| 42 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.60% | +0.14% | -0.93% | |
| 43 | GE | General Electric | 股票-工业 | 0.59% | +0.42% | — | |
| 44 | HQY | Healthequity Inc | 股票-医疗保健 | 0.58% | — | -1.98% | |
| 45 | SF | Stifel Financial CORP | 股票-金融 | 0.47% | -0.67% | EXIT | |
| 46 | VUG | Vanguard Growth ETF | ETF-其他 | 0.46% | +0.18% | +5.68% | |
| 47 | WM | Waste Management Inc | 股票-工业 | 0.44% | +0.02% | -0.42% | |
| 48 | ORCL | Oracle CORP | 股票-科技 | 0.43% | -0.06% | -0.17% | |
| 49 | BLK | Blackrock Inc | 股票-金融 | 0.42% | +0.04% | -0.95% | |
| 50 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.40% | +0.45% | -28.42% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | QQQ | Invesco Qqq Trust Series 1 | +12.1% | +1805.55% | 加仓 |
| 2 | BKNG | Booking Holdings Inc | +8.6% | NEW | 新建仓 |
| 3 | MELI | Mercadolibre Inc | +5.6% | NEW | 新建仓 |
| 4 | AVGO | Broadcom Inc | +0.7% | +10.59% | 加仓 |
| 5 | GEV | GE Vernova Inc | +0.7% | +76.94% | 加仓 |
| 6 | GE | General Electric | +0.6% | NEW | 新建仓 |
| 7 | AXP | American Express Co | +0.6% | +475.44% | 加仓 |
| 8 | GS | Goldman Sachs Group Inc | +0.5% | +517.18% | 加仓 |
| 9 | SF | Stifel Financial CORP | +0.5% | NEW | 新建仓 |
| 10 | HOOD | Robinhood Markets Inc - A | +0.5% | +2.73% | 加仓 |
| 11 | SE | Sea Ltd-adr | +0.3% | NEW | 新建仓 |
| 12 | RH | Rh | +0.3% | NEW | 新建仓 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.2% | +228.14% | 加仓 |
| 14 | TSLA | Tesla Inc | +0.1% | +79.26% | 加仓 |
| 15 | COIN | Coinbase Global Inc -class A | +0.1% | +0.40% | 加仓 |
| 16 | ORCL | Oracle CORP | 0% | -0.17% | 减仓 |
| 17 | PWR | Quanta Services Inc | 0% | -1.12% | 减仓 |
| 18 | MSTR | Strategy Inc | 0% | — | 不变 |
| 19 | SPOT | Spotify Technology S.A. | -0.1% | +1.90% | 加仓 |
| 20 | HWM | Howmet Aerospace Inc | -0.1% | -0.35% | 减仓 |
| 21 | ARM | Arm Holdings Plc-adr | -0.1% | -9.57% | 减仓 |
| 22 | VUG | Vanguard Growth ETF | -0.1% | +5.68% | 加仓 |
| 23 | UBER | Uber Technologies Inc | -0.1% | +0.66% | 加仓 |
| 24 | NVDA | Nvidia CORP | -0.2% | -0.01% | 减仓 |
| 25 | COF | Capital One Financial CORP | -0.2% | +3.55% | 加仓 |
| 26 | ANET | Arista Networks Inc | -0.2% | -0.55% | 减仓 |
| 27 | TTD | Trade Desk Inc/the -class A | -0.2% | -0.56% | 减仓 |
| 28 | ASML | ASML Holding N.V. | -0.2% | -0.58% | 减仓 |
| 29 | JPM | Jpmorgan Chase & Co | -0.3% | +1.05% | 加仓 |
| 30 | GOOG | Alphabet Inc-cl C | -0.3% | -28.42% | 减仓 |
| 31 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.3% | +3.62% | 加仓 |
| 32 | PANW | Palo Alto Networks Inc | -0.4% | +0.43% | 加仓 |
| 33 | SHOP | Shopify Inc - Class A | -0.4% | +1.10% | 加仓 |
| 34 | MRK | Merck & Co. Inc. | -0.5% | -1.04% | 减仓 |
| 35 | REGN | Regeneron Pharmaceuticals | -0.5% | EXIT | 清仓 |
| 36 | DECK | Deckers Outdoor CORP | -0.5% | EXIT | 清仓 |
| 37 | VRTX | Vertex Pharmaceuticals Inc | -0.5% | -3.09% | 减仓 |
| 38 | JEF | Jefferies Financial Group In | -0.6% | EXIT | 清仓 |
| 39 | MS | Morgan Stanley | -0.7% | -54.38% | 减仓 |
| 40 | KKR | Kkr & Co Inc | -0.8% | -93.84% | 减仓 |
| 41 | AMZN | Amazon.com Inc | -0.8% | +0.10% | 加仓 |
| 42 | KLAC | Kla CORP | -0.9% | -39.67% | 减仓 |
| 43 | GOOGL | Alphabet Inc-cl A | -1.1% | -33.11% | 减仓 |
| 44 | TSM | Taiwan Semiconductor-sp Adr | -1.2% | EXIT | 清仓 |
| 45 | MSFT | Microsoft CORP | -1.4% | -12.52% | 减仓 |
| 46 | META | Meta Platforms Inc-class A | -1.5% | -32.30% | 减仓 |
| 47 | NOW | Servicenow Inc | -1.9% | -55.43% | 减仓 |
| 48 | AAPL | Apple Inc | -1.9% | -6.22% | 减仓 |
| 49 | NFLX | Netflix Inc | -2.1% | -46.96% | 减仓 |
| 50 | CMG | Chipotle Mexican Grill Inc | -3.1% | -98.07% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Covenant Asset Management, LLC 在 Q2 2025 季度的美股持仓总市值约为 US$5.9亿，共申报了 142 个公开持股仓位。
在 Q2 2025 季度，Covenant Asset Management, LLC 按市值排列的前三大核心持股分别为：QQQ (12.9%)、BKNG (8.6%)、NVDA (6.7%)。其中最大持股仓位 QQQ 占据整体投资组合约 12.9% 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
BKNG
市值: US$5789.2万
本季最大获利了结 / 清仓标的
TSM
前期市值: US$528.7万
在 Q2 2025 季度中，Covenant Asset Management, LLC 共进行了 49 项持仓异动，包含新建仓 6 个仓位、加仓 18 个仓位、减仓 21 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 BKNG。 本季清仓仓位包含 TSM。
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。