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: 0001802493
申报总市值
US$5.7亿
US$5.7亿
84 檔
18.2%
在 Q3 2025 的 13F 官方备案中，DCF Advisers, LLC 管理的美股投资组合规模来到 US$5.7亿，整体持股档数为 84 档。
在 Q3 2025，DCF Advisers, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 16 个新仓位，并对 14 个既有持股进行加仓（合计增持 30 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，DCF Advisers, LLC 的前 5 大核心持股（包含 MU, INVESCO QQQ TR ETF, GOOG 等）合计占整体申报市值的 18.2%，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 | MU | Micron Technology Inc | 股票-科技 | 13.27% | +9.44% | +2.28% | |
| 2 | ✓ | Invesco Qqq Tr ETF | ETF-其他 | 8.91% | — | — | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 4.46% | -0.99% | — | |
| 4 | ARGX | Argenx Se - Adr | 股票-医疗保健 | 3.23% | -0.52% | — | |
| 5 | GDX | Vaneck Gold Miners ETF | ETF-避险与商品 | 3.18% | -0.70% | +12.61% | |
| 6 | TEVA | Teva Pharmaceutical-sp Adr | 股票-医疗保健 | 2.76% | -0.89% | +123.79% | |
| 7 | ORCL | Oracle CORP | 股票-科技 | 2.62% | -0.33% | -13.43% | |
| 8 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.59% | +0.46% | +2.51% | |
| 9 | IAU | Ishares Gold Trust | ETF-避险与商品 | 2.34% | -1.02% | — | |
| 10 | IONS | Ionis Pharmaceuticals Inc | 股票-医疗保健 | 2.28% | -0.59% | +18.16% | |
| 11 | ✓ | Alibaba Group Hldg LTD | 股票-其他 | 2.25% | — | — | |
| 12 | LLY | Eli Lilly & Co | 股票-医疗保健 | 2.03% | -1.47% | +25.28% | |
| 13 | BAC | Bank Of America CORP | 股票-金融 | 1.98% | -0.35% | — | |
| 14 | ✓ | 股票-其他 | 1.82% | — | — | ||
| 15 | REGN | Regeneron Pharmaceuticals | 股票-医疗保健 | 1.81% | -0.89% | +6.38% | |
| 16 | ✓ | Uber Technologies Inc | 股票-其他 | 1.73% | — | — | |
| 17 | GLD | Spdr Gold Shares | ETF-避险与商品 | 1.71% | -0.47% | — | |
| 18 | AMD | Advanced Micro Devices | 股票-科技 | 1.69% | +1.41% | -7.14% | |
| 19 | BIDU | Baidu Inc - Spon Adr | 股票-通信服务 | 1.67% | -0.41% | -24.76% | |
| 20 | C | Citigroup Inc | 股票-金融 | 1.66% | -0.20% | +41.67% | |
| 21 | ✓ | 股票-其他 | 1.66% | — | — | ||
| 22 | NAMS | NewAmsterdam Pharma Company N.V. | 股票-其他 | 1.60% | -0.53% | +1.59% | |
| 23 | ✓ | Home Depot Inc | 股票-其他 | 1.43% | — | — | |
| 24 | EVO | Evotec Se - Spon Adr | 股票-其他 | 1.40% | -0.18% | +7.58% | |
| 25 | SLV | Ishares Silver Trust | ETF-避险与商品 | 1.36% | -0.35% | — | |
| 26 | CSCO | Cisco Systems Inc | 股票-科技 | 1.32% | -0.62% | +4.35% | |
| 27 | AMGN | Amgen Inc | 股票-医疗保健 | 1.22% | -0.22% | +28.57% | |
| 28 | INCY | Incyte CORP | 股票-医疗保健 | 1.13% | -0.21% | — | |
| 29 | ✓ | 股票-其他 | 1.13% | — | — | ||
| 30 | LFCR | Lifecore Biomedical Inc | 股票-其他 | 1.07% | -0.03% | -2.37% | |
| 31 | ZLAB | Zai Lab Ltd-adr | 股票-其他 | 1.00% | -0.11% | +1.10% | |
| 32 | ZBH | Zimmer Biomet Holdings Inc | 股票-医疗保健 | 0.97% | -0.28% | -0.49% | |
| 33 | MRVL | Marvell Technology Inc | 股票-科技 | 0.93% | +0.72% | +8.73% | |
| 34 | BHVN | Biohaven Ltd. | 股票-其他 | 0.86% | +0.12% | +214.16% | |
| 35 | GDXJ | Vaneck Junior Gold Miners | ETF-避险与商品 | 0.84% | -0.37% | +23.26% | |
| 36 | XAODX | Abrdn Total Dynamic Dividend | 股票-其他 | 0.81% | -0.17% | — | |
| 37 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.80% | -0.14% | — | |
| 38 | AAPL | Apple Inc | 股票-科技 | 0.76% | -0.10% | +5.71% | |
| 39 | BNED | Barnes & Noble Education Inc | 股票-其他 | 0.73% | -0.10% | +6.25% | |
| 40 | ZM | Zoom Communications Inc | 股票-科技 | 0.72% | -0.20% | -19.85% | |
| 41 | XNCR | Xencor Inc | 股票-其他 | 0.72% | -0.03% | +35.53% | |
| 42 | ✓ | Cybin Inc | 股票-其他 | 0.70% | — | — | |
| 43 | URNM | Sprott Uranium Miners ETF | ETF-其他 | 0.68% | -0.26% | -17.45% | |
| 44 | ✓ | 股票-其他 | 0.63% | — | — | ||
| 45 | PRTA | Prothena Corporation plc | 股票-其他 | 0.63% | -0.06% | +28.27% | |
| 46 | XJQCX | Nuveen Credit Strategies Inc | 股票-其他 | 0.63% | -0.17% | — | |
| 47 | ✓ | Structure Therapeutics Inc | 股票-其他 | 0.58% | — | — | |
| 48 | AVGO | Broadcom Inc | 股票-科技 | 0.53% | +0.08% | -21.57% | |
| 49 | LNSR | Lensar Inc | 股票-其他 | 0.47% | -0.07% | — | |
| 50 | ANAB | Anaptysbio Inc | 股票-其他 | 0.47% | -0.17% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MU | Micron Technology Inc | +4.6% | +2.28% | 加仓 |
| 2 | TEVA | Teva Pharmaceutical-sp Adr | +1.5% | +123.79% | 加仓 |
| 3 | GDX | Vaneck Gold Miners ETF | +1.2% | +12.61% | 加仓 |
| 4 | IONS | Ionis Pharmaceuticals Inc | +0.9% | +18.16% | 加仓 |
| 5 | C | Citigroup Inc | +0.4% | +41.67% | 加仓 |
| 6 | BHVN | Biohaven Ltd. | +0.3% | +214.16% | 加仓 |
| 7 | GDXJ | Vaneck Junior Gold Miners | +0.3% | +23.26% | 加仓 |
| 8 | GOOG | Alphabet Inc-cl C | +0.2% | — | 不变 |
| 9 | EVO | Evotec Se - Spon Adr | +0.2% | +7.58% | 加仓 |
| 10 | AMGN | Amgen Inc | +0.2% | +28.57% | 加仓 |
| 11 | ORCL | Oracle CORP | +0.2% | -13.43% | 减仓 |
| 12 | ANAB | Anaptysbio Inc | +0.2% | — | 加仓 |
| 13 | AVGO | Broadcom Inc | +0.1% | -21.57% | 不变 |
| 14 | MRVL | Marvell Technology Inc | +0.1% | +8.73% | 加仓 |
| 15 | NAMS | NewAmsterdam Pharma Company N.V. | -0.1% | +1.59% | 加仓 |
| 16 | SLV | Ishares Silver Trust | -0.1% | — | 不变 |
| 17 | INCY | Incyte CORP | -0.2% | — | 减仓 |
| 18 | AMD | Advanced Micro Devices | -0.2% | -7.14% | 减仓 |
| 19 | BAC | Bank Of America CORP | -0.4% | — | 不变 |
| 20 | LLY | Eli Lilly & Co | -0.4% | +25.28% | 加仓 |
| 21 | AMZN | Amazon.com Inc | -0.5% | +2.51% | 加仓 |
| 22 | IAU | Ishares Gold Trust | -0.5% | — | 不变 |
| 23 | ARGX | Argenx Se - Adr | -0.8% | — | 减仓 |
| 24 | GLD | Spdr Gold Shares | -1.9% | — | 减仓 |
| 25 | ✓ | Invesco Qqq Tr ETF | — | NEW | 新建仓 |
| 26 | VOO | Vanguard S&p 500 ETF | — | EXIT | 清仓 |
| 27 | ✓ | Alibaba Group Hldg LTD | — | NEW | 新建仓 |
| 28 | ✓ | — | NEW | 新建仓 | |
| 29 | ET | Energy Transfer LP | — | EXIT | 清仓 |
| 30 | ✓ | Uber Technologies Inc | — | NEW | 新建仓 |
| 31 | ✓ | — | NEW | 新建仓 | |
| 32 | BABA | Alibaba Group Holding-sp Adr | — | EXIT | 清仓 |
| 33 | ✓ | Home Depot Inc | — | NEW | 新建仓 |
| 34 | UBER | Uber Technologies Inc | — | EXIT | 清仓 |
| 35 | ✓ | — | NEW | 新建仓 | |
| 36 | AZNN | Astrazeneca Plc-spons Adr | — | EXIT | 清仓 |
| 37 | ✓ | Cybin Inc | — | NEW | 新建仓 |
| 38 | ✓ | — | NEW | 新建仓 | |
| 39 | ✓ | Structure Therapeutics Inc | — | NEW | 新建仓 |
| 40 | ✓ | Spdr S&p 500 ETF Tr | — | NEW | 新建仓 |
| 41 | CRVS | Corvus Pharmaceuticals Inc | — | EXIT | 清仓 |
| 42 | HELP | Cybin Inc | — | EXIT | 清仓 |
| 43 | ABX | Barrick Gold CORP | — | EXIT | 清仓 |
| 44 | GM | General Motors Co | — | EXIT | 清仓 |
| 45 | ✓ | Target CORP | — | NEW | 新建仓 |
| 46 | ✓ | Immuneering CORP | — | NEW | 新建仓 |
| 47 | ✓ | Uber Technologies Inc | — | NEW | 新建仓 |
| 48 | XLE | Ss Energy Select Sector | — | EXIT | 清仓 |
| 49 | ✓ | — | NEW | 新建仓 | |
| 50 | ✓ | Sanofi SA | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，DCF Advisers, LLC 在 Q3 2025 季度的美股持仓总市值约为 US$5.7亿，共申报了 84 个公开持股仓位。
在 Q3 2025 季度，DCF Advisers, LLC 按市值排列的前三大核心持股分别为：MU (13.3%)、INVESCO QQQ TR ETF (8.9%)、GOOG (4.5%)。其中最大持股仓位 MU 占据整体投资组合约 13.3% 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
INVESCO QQQ TR ETF
市值: US$2773.7万
本季最大获利了结 / 清仓标的
VOO
前期市值: US$1798.7万
在 Q3 2025 季度中，DCF Advisers, LLC 共进行了 45 项持仓异动，包含新建仓 16 个仓位、加仓 14 个仓位、减仓 5 个仓位以及清仓 10 个仓位。 其中最大新建仓标的为 INVESCO QQQ TR ETF。 本季清仓仓位包含 VOO。
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。