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: 0001752759
申报总市值
US$20.6亿
US$20.6亿
109 檔
19.7%
在 Q3 2025 申报期间，Dnca Finance（CIK: 0001752759）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$20.6亿，共持有 109 个公开申报仓位。
在 Q3 2025，Dnca Finance 展现出较为审慎的避险与获利了结姿态。本季共减仓 44 个仓位并完全清仓 43 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，Dnca Finance 的前 5 大核心持股（包含 MSFT, NVDA, GOOGL 等）合计占整体申报市值的 19.7%，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 | MSFT | Microsoft CORP | 股票-科技 | 6.25% | -0.36% | +9.50% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 5.58% | -0.58% | -3.64% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 5.50% | -1.19% | +92.71% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通信服务 | 5.48% | -0.34% | +16.46% | |
| 5 | FLUT | Flutter Entertainment plc | 股票-周期性消费 | 5.01% | -0.67% | +12.22% | |
| 6 | CRH | CRH plc | 股票-原材料 | 4.64% | +0.60% | +2.36% | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 4.23% | -0.18% | -16.50% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 3.77% | -0.12% | -2.28% | |
| 9 | WMT | Walmart Inc | 股票-非周期性消费 | 3.29% | -1.60% | +25.43% | |
| 10 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.23% | +0.20% | +54.63% | |
| 11 | NFLX | Netflix Inc | 股票-通信服务 | 2.98% | -1.78% | +20.98% | |
| 12 | AAPL | Apple Inc | 股票-科技 | 2.87% | +0.27% | +71.53% | |
| 13 | ORCL | Oracle CORP | 股票-科技 | 2.72% | -0.10% | +20.30% | |
| 14 | RACE | Ferrari N.V. | 股票-周期性消费 | 2.36% | +0.18% | -45.40% | |
| 15 | MA | Mastercard Inc - A | 股票-金融 | 2.11% | -0.40% | +51.46% | |
| 16 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.74% | +0.15% | +33.33% | |
| 17 | QGEN | Qiagen N.V. | 股票-医疗保健 | 1.69% | — | +7.52% | |
| 18 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.62% | -0.34% | EXIT | |
| 19 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 1.55% | -0.01% | +25.35% | |
| 20 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.49% | +0.41% | +2.80% | |
| 21 | DE | Deere & Co | 股票-工业 | 1.41% | -0.14% | -4.26% | |
| 22 | VRT | Vertiv Holdings Co-a | 股票-工业 | 1.32% | -0.29% | +163.95% | |
| 23 | TT | Trane Technologies plc | 股票-工业 | 1.30% | +0.05% | — | |
| 24 | UBER | Uber Technologies Inc | 股票-工业 | 1.30% | -0.05% | +304.34% | |
| 25 | DHI | Dr Horton Inc | 股票-周期性消费 | 1.22% | +0.11% | +13.51% | |
| 26 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 1.16% | -0.03% | +63.75% | |
| 27 | CRM | Salesforce Inc | 股票-科技 | 1.06% | -0.34% | +89.05% | |
| 28 | MMM | 3m Co | 股票-工业 | 1.06% | — | +33.33% | |
| 29 | HD | Home Depot Inc | 股票-周期性消费 | 1.04% | — | -6.25% | |
| 30 | ANET | Arista Networks Inc | 股票-科技 | 1.03% | +0.14% | +8.68% | |
| 31 | LIN | Linde plc | 股票-原材料 | 0.98% | +0.52% | -36.46% | |
| 32 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.94% | — | -12.38% | |
| 33 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.87% | +0.18% | -5.87% | |
| 34 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.81% | — | -15.20% | |
| 35 | VEEV | Veeva Systems Inc-class A | 股票-医疗保健 | 0.79% | -0.02% | +16.83% | |
| 36 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.73% | -0.16% | +13.78% | |
| 37 | ADSK | Autodesk Inc | 股票-科技 | 0.71% | -0.09% | +38.30% | |
| 38 | SNPS | Synopsys Inc | 股票-科技 | 0.70% | — | -42.89% | |
| 39 | AMD | Advanced Micro Devices | 股票-科技 | 0.70% | +1.61% | +10.83% | |
| 40 | APP | Applovin Corp-class A | 股票-科技 | 0.62% | +0.03% | — | |
| 41 | NOW | Servicenow Inc | 股票-科技 | 0.60% | +0.22% | +36.00% | |
| 42 | DOLE | Dole plc | 股票-其他 | 0.58% | -0.37% | EXIT | |
| 43 | DDOG | Datadog Inc - Class A | 股票-科技 | 0.57% | +0.17% | +106.74% | |
| 44 | AVAV 0 07-15-30债券 | Aerovironment Inc | 债券 | 0.55% | -0.05% | — | |
| 45 | INTU | Intuit Inc | 股票-科技 | 0.51% | — | +61.76% | |
| 46 | MU | Micron Technology Inc | 股票-科技 | 0.49% | +2.77% | +38.55% | |
| 47 | TOST | Toast Inc-class A | 股票-科技 | 0.49% | — | +25.82% | |
| 48 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.48% | +0.56% | -65.32% | |
| 49 | SNOW | Snowflake Inc | 股票-科技 | 0.47% | +0.15% | +50.00% | |
| 50 | ROP | Roper Technologies Inc | 股票-科技 | 0.45% | — | +54.39% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +3.5% | +92.71% | 加仓 |
| 2 | MSFT | Microsoft CORP | +2.3% | +9.50% | 加仓 |
| 3 | NVDA | Nvidia CORP | +2.1% | -3.64% | 加仓 |
| 4 | AVGO | Broadcom Inc | +2% | -2.28% | 加仓 |
| 5 | ORCL | Oracle CORP | +1.9% | +20.30% | 加仓 |
| 6 | META | Meta Platforms Inc-class A | +1.3% | +16.46% | 加仓 |
| 7 | AMZN | Amazon.com Inc | +1.1% | +54.63% | 加仓 |
| 8 | UBER | Uber Technologies Inc | +1.1% | +304.34% | 加仓 |
| 9 | VRT | Vertiv Holdings Co-a | +1% | +163.95% | 加仓 |
| 10 | SPOT | Spotify Technology S.A. | +0.8% | +25.35% | 加仓 |
| 11 | NFLX | Netflix Inc | +0.8% | +20.98% | 加仓 |
| 12 | WMT | Walmart Inc | +0.7% | +25.43% | 加仓 |
| 13 | ANET | Arista Networks Inc | +0.7% | +8.68% | 加仓 |
| 14 | CRM | Salesforce Inc | +0.6% | +89.05% | 加仓 |
| 15 | MA | Mastercard Inc - A | +0.6% | +51.46% | 加仓 |
| 16 | BKNG | Booking Holdings Inc | +0.5% | +63.75% | 加仓 |
| 17 | AMD | Advanced Micro Devices | +0.4% | +10.83% | 加仓 |
| 18 | ADSK | Autodesk Inc | +0.4% | +38.30% | 加仓 |
| 19 | DHI | Dr Horton Inc | +0.4% | +13.51% | 加仓 |
| 20 | MMM | 3m Co | +0.4% | +33.33% | 加仓 |
| 21 | AAPL | Apple Inc | +0.4% | +71.53% | 加仓 |
| 22 | CRWD | Crowdstrike Holdings Inc - A | +0.3% | -5.87% | 加仓 |
| 23 | DDOG | Datadog Inc - Class A | +0.3% | +106.74% | 加仓 |
| 24 | ISRG | Intuitive Surgical Inc | +0.3% | +13.78% | 加仓 |
| 25 | GS | Goldman Sachs Group Inc | +0.3% | +33.33% | 减仓 |
| 26 | TOST | Toast Inc-class A | +0.2% | +25.82% | 加仓 |
| 27 | SNOW | Snowflake Inc | +0.2% | +50.00% | 加仓 |
| 28 | NOW | Servicenow Inc | +0.2% | +36.00% | 加仓 |
| 29 | TT | Trane Technologies plc | +0.2% | — | 加仓 |
| 30 | INTU | Intuit Inc | +0.2% | +61.76% | 加仓 |
| 31 | MU | Micron Technology Inc | +0.2% | +38.55% | 减仓 |
| 32 | PCOR | Procore Technologies Inc | +0.1% | +60.50% | 加仓 |
| 33 | MELI | Mercadolibre Inc | +0.1% | -12.38% | 加仓 |
| 34 | PANW | Palo Alto Networks Inc | 0% | +2.80% | 加仓 |
| 35 | LITE 0.5 06-15-28债券 | Lumentum Holdings Inc | 0% | -26.92% | 加仓 |
| 36 | ON 0.5 03-01-29债券 | On Semiconductor CORP | 0% | — | 加仓 |
| 37 | RGEN 1 12-15-28债券 | Repligen CORP | 0% | +45.45% | 加仓 |
| 38 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | 0% | — | 加仓 |
| 39 | SHOPCN 0.125 11-01-25债券 | Shopify Inc | 0% | — | 加仓 |
| 40 | RIVN 3.625 10-15-30债券 | Rivian Auto Inc | — | +17.39% | 加仓 |
| 41 | SPOT 0 03-15-26债券 | Spotify USA Inc | — | +10.00% | 加仓 |
| 42 | PSN 2.625 03-01-29债券 | Parsons CORP | — | — | 不变 |
| 43 | FWONK 2.25 08-15-27债券 | Liberty Media CORP | — | — | 不变 |
| 44 | DBX 0 03-01-28债券 | Dropbox Inc | — | — | 不变 |
| 45 | HALO 1 08-15-28债券 | Halozyme Therapeutics In | 0% | — | 不变 |
| 46 | NET 0 08-15-26债券 | Cloudflare Inc | 0% | — | 减仓 |
| 47 | EXPE 0 02-15-26债券 | Expedia Group Inc | 0% | — | 不变 |
| 48 | DBX 0 03-01-26债券 | Dropbox Inc | 0% | — | 不变 |
| 49 | ROP | Roper Technologies Inc | 0% | +54.39% | 加仓 |
| 50 | BSY 0.375 07-01-27债券 | Bentley Systems | 0% | — | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Dnca Finance 在 Q3 2025 季度的美股持仓总市值约为 US$20.6亿，共申报了 109 个公开持股仓位。
在 Q3 2025 季度，Dnca Finance 按市值排列的前三大核心持股分别为：MSFT (6.3%)、NVDA (5.6%)、GOOGL (5.5%)。其中最大持股仓位 MSFT 占据整体投资组合约 6.3% 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
QGEN
市值: US$2473.6万
本季最大获利了结 / 清仓标的
T
前期市值: US$2394.3万
在 Q3 2025 季度中，Dnca Finance 共进行了 145 项持仓异动，包含新建仓 17 个仓位、加仓 41 个仓位、减仓 44 个仓位以及清仓 43 个仓位。 其中最大新建仓标的为 QGEN。 本季清仓仓位包含 T。
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。