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: 0002059365
申报总市值
US$2.6亿
US$2.6亿
101 檔
21.8%
在 Q4 2025 的 13F 官方备案中，Fairtree Asset Management 管理的美股投资组合规模来到 US$2.6亿，整体持股档数为 101 档。
在 Q4 2025，Fairtree Asset Management 操作展现出积极扩展与加仓意向。本季共新建仓 15 个新仓位，并对 25 个既有持股进行加仓（合计增持 40 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Fairtree Asset Management 的前 5 大核心持股（包含 MSFT, KSPI, AMZN 等）合计占整体申报市值的 21.8%，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 | MSFT | Microsoft CORP | 股票-科技 | 6.24% | -0.68% | +71.66% | |
| 2 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 5.56% | -0.25% | +37.25% | |
| 3 | AMZN | Amazon.com Inc | 股票-周期性消费 | 4.84% | +0.23% | +78.21% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 4.81% | +0.59% | +18.80% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 4.72% | -0.22% | +107.08% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通信服务 | 4.41% | -0.11% | +191.89% | |
| 7 | GOVT | Ishares US Treasury Bond ETF | ETF-政府公债 | 3.13% | +0.10% | +3.85% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.84% | +0.11% | +13.38% | |
| 9 | JD | Jd.com Inc-adr | 股票-周期性消费 | 2.35% | -0.30% | +8.26% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.02% | +0.39% | +43.30% | |
| 11 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 1.97% | -0.09% | +105.67% | |
| 12 | QCOM | Qualcomm Inc | 股票-科技 | 1.85% | -1.09% | EXIT | |
| 13 | V | Visa Inc-class A Shares | 股票-金融 | 1.82% | +0.17% | +71.07% | |
| 14 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 1.71% | -0.20% | -19.08% | |
| 15 | ZTS | Zoetis Inc | 股票-医疗保健 | 1.69% | -0.68% | +82.10% | |
| 16 | CRM | Salesforce Inc | 股票-科技 | 1.66% | +0.28% | +160.45% | |
| 17 | ADBE | Adobe Inc | 股票-科技 | 1.65% | -0.07% | +60.17% | |
| 18 | KO | Coca-cola Co/the | 股票-非周期性消费 | 1.50% | -0.06% | +33.41% | |
| 19 | AVGO | Broadcom Inc | 股票-科技 | 1.46% | +0.03% | +82.42% | |
| 20 | MSCI | Msci Inc | 股票-金融 | 1.42% | -0.29% | +66.53% | |
| 21 | FTNT | Fortinet Inc | 股票-科技 | 1.41% | +0.37% | +106.19% | |
| 22 | SPGI | S&p Global Inc | 股票-金融 | 1.37% | -0.15% | +179.83% | |
| 23 | AMGN | Amgen Inc | 股票-医疗保健 | 1.32% | — | — | |
| 24 | PGR | Progressive CORP | 股票-金融 | 1.30% | -0.07% | +46.75% | |
| 25 | NU | Nu Holdings Ltd. | 股票-金融 | 1.29% | -0.08% | +60.44% | |
| 26 | MA | Mastercard Inc - A | 股票-金融 | 1.20% | +0.15% | +84.09% | |
| 27 | GFI | Gold Fields Ltd-spons Adr | 股票-原材料 | 1.08% | -0.72% | EXIT | |
| 28 | DECK | Deckers Outdoor CORP | 股票-周期性消费 | 1.05% | +0.10% | +122.13% | |
| 29 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.98% | -0.87% | +257.58% | |
| 30 | RMD | Resmed Inc | 股票-医疗保健 | 0.93% | -0.08% | +108.88% | |
| 31 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.88% | -0.08% | +28.08% | |
| 32 | RJF | Raymond James Financial Inc | 股票-金融 | 0.86% | -0.10% | +77.33% | |
| 33 | TCOM | Trip.com Group Ltd-adr | 股票-周期性消费 | 0.83% | -0.04% | +65.33% | |
| 34 | EME | Emcor Group Inc | 股票-工业 | 0.79% | -0.27% | +53.34% | |
| 35 | SNPS | Synopsys Inc | 股票-科技 | 0.79% | — | +83.57% | |
| 36 | AXP | American Express Co | 股票-金融 | 0.79% | -0.06% | +49.04% | |
| 37 | ADP | Automatic Data Processing | 股票-科技 | 0.79% | -0.12% | — | |
| 38 | UBER | Uber Technologies Inc | 股票-工业 | 0.79% | +0.28% | +145.82% | |
| 39 | WPM | Wheaton Precious Metals CORP | 股票-原材料 | 0.75% | — | — | |
| 40 | PM | Philip Morris International | 股票-非周期性消费 | 0.73% | +0.18% | — | |
| 41 | MCK | Mckesson CORP | 股票-医疗保健 | 0.68% | +0.09% | — | |
| 42 | GPN | Global Payments Inc | 股票-工业 | 0.68% | +0.08% | +21.39% | |
| 43 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.64% | -0.08% | — | |
| 44 | ORLY | O'reilly Automotive Inc | 股票-周期性消费 | 0.64% | -0.15% | — | |
| 45 | SYK | Stryker CORP | 股票-医疗保健 | 0.63% | +0.09% | — | |
| 46 | EW | Edwards Lifesciences CORP | 股票-医疗保健 | 0.62% | -0.03% | +21.65% | |
| 47 | AOS | Smith (a.o.) CORP | 股票-工业 | 0.62% | +0.12% | +24.26% | |
| 48 | HCA | Hca Healthcare Inc | 股票-医疗保健 | 0.62% | -0.20% | -3.66% | |
| 49 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.59% | -0.05% | -57.72% | |
| 50 | FISV | Fiserv Inc | 股票-其他 | 0.59% | -0.44% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | META | Meta Platforms Inc-class A | +2% | +191.89% | 加仓 |
| 2 | NVDA | Nvidia CORP | +1.5% | +107.08% | 加仓 |
| 3 | AMZN | Amazon.com Inc | +1.2% | +78.21% | 加仓 |
| 4 | CRM | Salesforce Inc | +0.9% | +160.45% | 加仓 |
| 5 | SPGI | S&p Global Inc | +0.7% | +179.83% | 加仓 |
| 6 | MSFT | Microsoft CORP | +0.7% | +71.66% | 加仓 |
| 7 | BKNG | Booking Holdings Inc | +0.6% | +105.67% | 加仓 |
| 8 | MELI | Mercadolibre Inc | +0.5% | +257.58% | 加仓 |
| 9 | DECK | Deckers Outdoor CORP | +0.4% | +122.13% | 加仓 |
| 10 | FTNT | Fortinet Inc | +0.4% | +106.19% | 加仓 |
| 11 | AVGO | Broadcom Inc | +0.4% | +82.42% | 加仓 |
| 12 | V | Visa Inc-class A Shares | +0.4% | +71.07% | 加仓 |
| 13 | GOOG | Alphabet Inc-cl C | +0.3% | +18.80% | 加仓 |
| 14 | MA | Mastercard Inc - A | +0.3% | +84.09% | 加仓 |
| 15 | UBER | Uber Technologies Inc | +0.2% | +145.82% | 加仓 |
| 16 | MSCI | Msci Inc | +0.2% | +66.53% | 加仓 |
| 17 | RMD | Resmed Inc | +0.2% | +108.88% | 加仓 |
| 18 | NU | Nu Holdings Ltd. | +0.2% | +60.44% | 加仓 |
| 19 | ADBE | Adobe Inc | +0.2% | +60.17% | 加仓 |
| 20 | ZTS | Zoetis Inc | +0.2% | +82.10% | 加仓 |
| 21 | QCOM | Qualcomm Inc | +0.1% | +42.70% | 加仓 |
| 22 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | +43.30% | 加仓 |
| 23 | KO | Coca-cola Co/the | 0% | +33.41% | 加仓 |
| 24 | KSPI | Jsc Kaspi.kz Adr | -0.5% | +37.25% | 加仓 |
| 25 | AAPL | Apple Inc | -0.5% | +13.38% | 加仓 |
| 26 | BABA | Alibaba Group Holding-sp Adr | -1.8% | -57.72% | 减仓 |
| 27 | AMGN | Amgen Inc | — | NEW | 新建仓 |
| 28 | AMAT | Applied Materials Inc | — | EXIT | 清仓 |
| 29 | COHR | Coherent CORP | — | EXIT | 清仓 |
| 30 | ADP | Automatic Data Processing | — | NEW | 新建仓 |
| 31 | WPM | Wheaton Precious Metals CORP | — | NEW | 新建仓 |
| 32 | PM | Philip Morris International | — | NEW | 新建仓 |
| 33 | PG | Procter & Gamble Co/the | — | NEW | 新建仓 |
| 34 | ORLY | O'reilly Automotive Inc | — | NEW | 新建仓 |
| 35 | SYK | Stryker CORP | — | NEW | 新建仓 |
| 36 | DELL | Dell Technologies -c | — | NEW | 新建仓 |
| 37 | BSX | Boston Scientific CORP | — | NEW | 新建仓 |
| 38 | CL | Colgate-palmolive Co | — | NEW | 新建仓 |
| 39 | AZO | Autozone Inc | — | NEW | 新建仓 |
| 40 | ABT | Abbott Laboratories | — | NEW | 新建仓 |
| 41 | ELV | Elevance Health Inc | — | EXIT | 清仓 |
| 42 | PEP | Pepsico Inc | — | NEW | 新建仓 |
| 43 | CPRT | Copart Inc | — | NEW | 新建仓 |
| 44 | MDLZ | Mondelez International Inc-a | — | NEW | 新建仓 |
| 45 | BUD | Anheuser-busch Inbev-spn Adr | — | EXIT | 清仓 |
| 46 | JNJ | Johnson & Johnson | — | EXIT | 清仓 |
| 47 | CNC | Centene CORP | — | EXIT | 清仓 |
| 48 | TOL | Toll Brothers Inc | — | EXIT | 清仓 |
| 49 | ABNB | Airbnb Inc-class A | — | EXIT | 清仓 |
| 50 | MRK | Merck & Co. Inc. | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Fairtree Asset Management 在 Q4 2025 季度的美股持仓总市值约为 US$2.6亿，共申报了 101 个公开持股仓位。
在 Q4 2025 季度，Fairtree Asset Management 按市值排列的前三大核心持股分别为：MSFT (6.2%)、KSPI (5.6%)、AMZN (4.8%)。其中最大持股仓位 MSFT 占据整体投资组合约 6.2% 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
AMGN
市值: US$286.8万
本季最大获利了结 / 清仓标的
AMAT
前期市值: US$238.6万
在 Q4 2025 季度中，Fairtree Asset Management 共进行了 50 项持仓异动，包含新建仓 15 个仓位、加仓 25 个仓位、减仓 1 个仓位以及清仓 9 个仓位。 其中最大新建仓标的为 AMGN。 本季清仓仓位包含 AMAT。
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。