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: 0001714672
申报总市值
US$3.4亿
US$3.4亿
46 檔
61.3%
根据最新整理的 13F 季度数据集，Fore Capital, LLC 于 Q4 2025 结束时的管理资产规模为 US$3.4亿。该机构在本季度申报了 46 档美股持仓，呈现出该时期的主要投资地图。
Fore Capital, LLC 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 11 个全新仓位及加仓 12 档持股的同时，亦同步清仓 18 档并减仓 6 档标的。
在资产配置集中度方面，Fore Capital, LLC 的前 5 大核心持股（包含 GLD, SLV, HYG 等）合计占整体申报市值的 61.3%，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 | GLD | Spdr Gold Shares | ETF-避险与商品 | 25.26% | — | +290.00% | |
| 2 | SLV | Ishares Silver Trust | ETF-避险与商品 | 12.53% | +12.80% | NEW | |
| 3 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投资级债 | 10.54% | -40.40% | EXIT | |
| 4 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 9.84% | — | +13.95% | |
| 5 | GDX | Vaneck Gold Miners ETF | ETF-避险与商品 | 9.67% | +1.86% | +245.00% | |
| 6 | IAU | Ishares Gold Trust | ETF-避险与商品 | 5.52% | — | — | |
| 7 | BABA 0.5 06-01-31债券 | Alibaba Group Holding | 债券 | 3.56% | +0.52% | NEW | |
| 8 | NVDA | Nvidia CORP | 股票-科技 | 2.44% | — | +87.79% | |
| 9 | JD 0.25 06-01-29债券 | Jd.com Inc | 债券 | 2.30% | -2.29% | +366.67% | |
| 10 | KWEB | Kranesh Csi China Internet | ETF-新兴市场 | 1.67% | +1.38% | — | |
| 11 | CEF | Sprott Physical Gold And Sil | 股票-其他 | 1.65% | — | — | |
| 12 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | 债券 | 1.57% | -4.08% | EXIT | |
| 13 | CRM | Salesforce Inc | 股票-科技 | 1.30% | — | +361.54% | |
| 14 | CNC | Centene CORP | 股票-医疗保健 | 1.08% | -0.61% | EXIT | |
| 15 | OIS 4.75 04-01-26债券 | Oil States Intl Inc | 债券 | 0.98% | — | — | |
| 16 | NU | Nu Holdings Ltd. | 股票-金融 | 0.96% | -0.40% | EXIT | |
| 17 | NEO 0.25 01-15-28债券 | Neogenomics Inc | 债券 | 0.88% | -0.87% | — | |
| 18 | LARCN 1.75 01-15-27债券 | Lithium Argentina AG | 债券 | 0.85% | -0.86% | — | |
| 19 | AR | Antero Resources CORP | 股票-能源 | 0.73% | +0.31% | NEW | |
| 20 | ELS | Equity Lifestyle Properties | 股票-房地产 | 0.69% | — | +9.68% | |
| 21 | ENPH 0 03-01-28债券 | Enphase Energy Inc | 债券 | 0.57% | -1.11% | EXIT | |
| 22 | BHC | Bausch Health Cos Inc | 股票-医疗保健 | 0.55% | -0.94% | +166.67% | |
| 23 | BRD1EUR | Mind Medicine Mindmed Inc | 股票-其他 | 0.42% | — | -20.83% | |
| 24 | HUM | Humana Inc | 股票-医疗保健 | 0.39% | — | +119.05% | |
| 25 | CVE | Cenovus Energy Inc | 股票-能源 | 0.36% | — | — | |
| 26 | CNQ | Canadian Natural Resources | 股票-能源 | 0.33% | — | — | |
| 27 | IAUX-WS | I-80 Gold CORP -26 | 股票-其他 | 0.32% | — | -8.66% | |
| 28 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 0.31% | — | — | |
| 29 | OXY | Occidental Petroleum CORP | 股票-能源 | 0.31% | — | — | |
| 30 | VGZ | Vista Gold CORP | 股票-其他 | 0.24% | — | — | |
| 31 | BILL 0 04-01-27债券 | Bill Holdings Inc | 债券 | 0.24% | -0.46% | EXIT | |
| 32 | MOH | Molina Healthcare Inc | 股票-医疗保健 | 0.23% | — | -65.22% | |
| 33 | GRFS | Grifols Sa-adr | 股票-其他 | 0.21% | — | +133.33% | |
| 34 | BKR | Baker Hughes Co | 股票-能源 | 0.19% | — | — | |
| 35 | HELP | Cybin Inc | 股票-其他 | 0.18% | -0.04% | -7.00% | |
| 36 | EAF | Graftech International LTD | 股票-其他 | 0.18% | +0.05% | -23.91% | |
| 37 | EQT | Eqt CORP | 股票-能源 | 0.18% | +0.39% | NEW | |
| 38 | NCLH 1.125 02-15-27债券 | Ncl Corporation LTD | 债券 | 0.16% | -0.15% | — | |
| 39 | ODV | Osisko Development CORP | 股票-其他 | 0.16% | — | +833.33% | |
| 40 | EXE | Expand Energy CORP | 股票-能源 | 0.13% | +0.40% | NEW | |
| 41 | RRC | Range Resources CORP | 股票-能源 | 0.12% | +0.33% | NEW | |
| 42 | HAL | Halliburton Co | 股票-能源 | 0.09% | — | — | |
| 43 | UAMY | United States Antimony CORP | 股票-其他 | 0.09% | +0.03% | NEW | |
| 44 | EVO | Evotec Se - Spon Adr | 股票-其他 | 0.03% | -0.02% | — | |
| 45 | CCO | Clear Channel Outdoor Holdin | 股票-其他 | 0.02% | -0.02% | -92.68% | |
| 46 | ODVWZ | Osisko Development Cor -27 | 股票-其他 | — | — | +66.66% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GLD | Spdr Gold Shares | +20.2% | +290.00% | 加仓 |
| 2 | GDX | Vaneck Gold Miners ETF | +7.9% | +245.00% | 加仓 |
| 3 | QQQ | Invesco Qqq Trust Series 1 | +2.4% | +13.95% | 加仓 |
| 4 | JD 0.25 06-01-29债券 | Jd.com Inc | +1.8% | +366.67% | 加仓 |
| 5 | NVDA | Nvidia CORP | +1.3% | +87.79% | 加仓 |
| 6 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | +1.3% | +400.00% | 加仓 |
| 7 | IAU | Ishares Gold Trust | +1.2% | — | 不变 |
| 8 | CRM | Salesforce Inc | +1.1% | +361.54% | 加仓 |
| 9 | CEF | Sprott Physical Gold And Sil | +0.5% | — | 不变 |
| 10 | NU | Nu Holdings Ltd. | +0.4% | +45.83% | 加仓 |
| 11 | BHC | Bausch Health Cos Inc | +0.4% | +166.67% | 加仓 |
| 12 | HUM | Humana Inc | +0.2% | +119.05% | 加仓 |
| 13 | IAUX-WS | I-80 Gold CORP -26 | +0.2% | -8.66% | 减仓 |
| 14 | ODV | Osisko Development CORP | +0.2% | +833.33% | 加仓 |
| 15 | GRFS | Grifols Sa-adr | +0.1% | +133.33% | 加仓 |
| 16 | BABA 0.5 06-01-31债券 | Alibaba Group Holding | -0.1% | — | 不变 |
| 17 | CNC | Centene CORP | -0.2% | -33.33% | 减仓 |
| 18 | CCO | Clear Channel Outdoor Holdin | -0.2% | -92.68% | 减仓 |
| 19 | MOH | Molina Healthcare Inc | -0.4% | -65.22% | 减仓 |
| 20 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | -4.6% | -38.46% | 减仓 |
| 21 | SLV | Ishares Silver Trust | -10.2% | -68.10% | 减仓 |
| 22 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | EXIT | 清仓 |
| 23 | IBIT | Ishares Bitcoin Trust ETF | — | EXIT | 清仓 |
| 24 | ETSY 0.25 06-15-28债券 | Etsy Inc | — | EXIT | 清仓 |
| 25 | KWEB | Kranesh Csi China Internet | — | NEW | 新建仓 |
| 26 | NVO | Novo-nordisk A/s-spons Adr | — | EXIT | 清仓 |
| 27 | RPD 1.25 03-15-29债券 | Rapid7 Inc | — | EXIT | 清仓 |
| 28 | AR | Antero Resources CORP | — | NEW | 新建仓 |
| 29 | OSCR | Oscar Health Inc - Class A | — | EXIT | 清仓 |
| 30 | FOUR 0 12-15-25债券 | Shift4 Payments Inc | — | EXIT | 清仓 |
| 31 | XLV | Ss Health Care Select Sector | — | EXIT | 清仓 |
| 32 | HAE 2.5 06-01-29债券 | Haemonetics CORP | — | EXIT | 清仓 |
| 33 | QFIN | Qfin Holdings Inc-adr | — | EXIT | 清仓 |
| 34 | ELV | Elevance Health Inc | — | EXIT | 清仓 |
| 35 | CVE | Cenovus Energy Inc | — | NEW | 新建仓 |
| 36 | CNQ | Canadian Natural Resources | — | NEW | 新建仓 |
| 37 | PPTA | Perpetua Resources CORP | — | EXIT | 清仓 |
| 38 | PBR | Petroleo Brasileiro-spon Adr | — | NEW | 新建仓 |
| 39 | OXY | Occidental Petroleum CORP | — | NEW | 新建仓 |
| 40 | CHYM | Chime Financial Inc-cl A | — | EXIT | 清仓 |
| 41 | VZLA | Vizsla Silver CORP | — | EXIT | 清仓 |
| 42 | VICI | Vici Properties Inc | — | EXIT | 清仓 |
| 43 | VGZ | Vista Gold CORP | — | NEW | 新建仓 |
| 44 | ARGT | Global X Msci Argentina ETF | — | EXIT | 清仓 |
| 45 | BKR | Baker Hughes Co | — | NEW | 新建仓 |
| 46 | EQT | Eqt CORP | — | NEW | 新建仓 |
| 47 | NCLH 1.125 02-15-27债券 | Ncl Corporation LTD | — | NEW | 新建仓 |
| 48 | IQV | Iqvia Holdings Inc | — | EXIT | 清仓 |
| 49 | OKTA | Okta Inc | — | EXIT | 清仓 |
| 50 | EXE | Expand Energy CORP | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Fore Capital, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$3.4亿，共申报了 46 个公开持股仓位。
在 Q4 2025 季度，Fore Capital, LLC 按市值排列的前三大核心持股分别为：GLD (25.3%)、SLV (12.5%)、HYG (10.5%)。其中最大持股仓位 GLD 占据整体投资组合约 25.3% 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
KWEB
市值: US$510.8万
本季最大获利了结 / 清仓标的
SPY
前期市值: US$6328.7万
在 Q4 2025 季度中，Fore Capital, LLC 共进行了 47 项持仓异动，包含新建仓 11 个仓位、加仓 12 个仓位、减仓 6 个仓位以及清仓 18 个仓位。 其中最大新建仓标的为 KWEB。 本季清仓仓位包含 SPY。
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。