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: 0001438848
申报总市值
US$13.1亿
US$13.1亿
288 檔
26.7%
GAM Holding AG 在 Q4 2025 季度的美股仓位总计估值为 US$13.1亿，分散于 288 个持仓标的之中，反映其市场参与广度与投资规模。
GAM Holding AG 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 35 个全新仓位及加仓 53 档持股的同时，亦同步清仓 28 档并减仓 82 档标的。
在资产配置集中度方面，GAM Holding AG 的前 5 大核心持股（包含 MSFT, GOOGL, NVDA 等）合计占整体申报市值的 26.7%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 288 只）
| # | 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 | 5.24% | -0.46% | -4.34% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 5.09% | +0.73% | -18.84% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.90% | -0.25% | -9.99% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.97% | -0.29% | +7.73% | |
| 5 | UBS | UBS Group AG | 股票-金融 | 3.04% | +0.54% | +16.90% | |
| 6 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.85% | -0.14% | -3.62% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.83% | +0.04% | -2.66% | |
| 8 | V | Visa Inc-class A Shares | 股票-金融 | 2.02% | -0.37% | +3.96% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 1.76% | +0.73% | +0.19% | |
| 10 | URTH | Ishares Msci World ETF | ETF-其他 | 1.63% | -0.20% | +0.18% | |
| 11 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.39% | +0.27% | -1.57% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.14% | -0.10% | +0.29% | |
| 13 | AMRZ | Amrize Ltd | 股票-原材料 | 1.12% | -0.16% | +7.58% | |
| 14 | CRH | CRH plc | 股票-原材料 | 1.11% | — | -5.12% | |
| 15 | MA | Mastercard Inc - A | 股票-金融 | 1.02% | +0.12% | +0.88% | |
| 16 | ALC | Alcon Inc. | 股票-医疗保健 | 1.00% | -0.14% | -0.57% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.98% | -0.42% | +10.97% | |
| 18 | IBM | Intl Business Machines CORP | 股票-科技 | 0.96% | -0.28% | +0.96% | |
| 19 | HLT | Hilton Worldwide Holdings In | 股票-周期性消费 | 0.96% | -0.13% | -0.05% | |
| 20 | XOM | Exxon Mobil CORP | 股票-能源 | 0.95% | -0.60% | -1.03% | |
| 21 | LOGI | Logitech International S.A. | 股票-科技 | 0.92% | -0.10% | -18.71% | |
| 22 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.89% | — | -1.77% | |
| 23 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 0.89% | — | — | |
| 24 | NFLX | Netflix Inc | 股票-通信服务 | 0.88% | -0.20% | +697.61% | |
| 25 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.88% | -0.08% | +6.28% | |
| 26 | ORCL | Oracle CORP | 股票-科技 | 0.86% | -0.06% | -19.41% | |
| 27 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.86% | +0.65% | +17.65% | |
| 28 | RACE | Ferrari N.V. | 股票-周期性消费 | 0.84% | -0.26% | -15.79% | |
| 29 | WFC | Wells Fargo & Co | 股票-金融 | 0.84% | -0.08% | +15.84% | |
| 30 | TTE | TotalEnergies SE | 股票-其他 | 0.81% | -1.10% | EXIT | |
| 31 | TPR | Tapestry Inc | 股票-周期性消费 | 0.78% | -0.06% | -23.59% | |
| 32 | MKL | Markel Group Inc | 股票-金融 | 0.77% | -0.07% | -4.05% | |
| 33 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.76% | -0.07% | -5.39% | |
| 34 | VIK | Viking Holdings Ltd | 股票-周期性消费 | 0.75% | +0.16% | -14.53% | |
| 35 | RL | Ralph Lauren CORP | 股票-周期性消费 | 0.74% | -0.26% | -16.83% | |
| 36 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.74% | -0.13% | -5.94% | |
| 37 | AMAT | Applied Materials Inc | 股票-科技 | 0.69% | +0.92% | -41.91% | |
| 38 | AS | Amer Sports, Inc. | 股票-周期性消费 | 0.64% | -0.12% | -8.91% | |
| 39 | EFIV | Ss Spdr S&p 500 Esg ETF | ETF-大型股与成长 | 0.64% | — | — | |
| 40 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.64% | -0.15% | +25.19% | |
| 41 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 0.64% | -0.15% | -12.62% | |
| 42 | EMR | Emerson Electric Co | 股票-工业 | 0.62% | -0.21% | +25.30% | |
| 43 | WMT | Walmart Inc | 股票-非周期性消费 | 0.57% | -0.20% | +139.35% | |
| 44 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.56% | -0.12% | -5.79% | |
| 45 | SW | Smurfit Westrock Plc | 股票-周期性消费 | 0.55% | +0.09% | -6.36% | |
| 46 | INTU | Intuit Inc | 股票-科技 | 0.55% | -0.12% | -12.82% | |
| 47 | LIN | Linde plc | 股票-原材料 | 0.54% | -0.31% | -0.57% | |
| 48 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.53% | -0.03% | -28.87% | |
| 49 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.52% | -0.11% | — | |
| 50 | IEMG | Ishares Core Msci Emerging | ETF-新兴市场 | 0.52% | -0.07% | +1.25% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | UBS | UBS Group AG | +0.8% | +16.90% | 加仓 |
| 2 | AAPL | Apple Inc | +0.6% | +7.73% | 加仓 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -1.57% | 减仓 |
| 4 | CSCO | Cisco Systems Inc | +0.4% | +276.80% | 加仓 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.4% | -18.84% | 减仓 |
| 6 | WMT | Walmart Inc | +0.4% | +139.35% | 加仓 |
| 7 | MS | Morgan Stanley | +0.3% | +923.10% | 加仓 |
| 8 | BAC | Bank Of America CORP | +0.3% | +175.66% | 加仓 |
| 9 | MRK | Merck & Co. Inc. | +0.2% | +6.28% | 加仓 |
| 10 | AMRZ | Amrize Ltd | +0.2% | +7.58% | 加仓 |
| 11 | TSM | Taiwan Semiconductor-sp Adr | +0.2% | +17.65% | 加仓 |
| 12 | WFC | Wells Fargo & Co | +0.2% | +15.84% | 加仓 |
| 13 | XPEV | XPeng Inc. | +0.2% | +387.48% | 加仓 |
| 14 | NAK | Northern Dynasty Minerals | +0.2% | +4.52% | 加仓 |
| 15 | ABT | Abbott Laboratories | +0.2% | +690.78% | 加仓 |
| 16 | V | Visa Inc-class A Shares | +0.2% | +3.96% | 加仓 |
| 17 | DUK | Duke Energy CORP | +0.2% | +159.40% | 加仓 |
| 18 | CAT | Caterpillar Inc | +0.2% | +26.00% | 加仓 |
| 19 | RY | Royal Bank Of Canada | +0.2% | +451.61% | 加仓 |
| 20 | SN | SharkNinja, Inc. | +0.2% | +59.43% | 加仓 |
| 21 | AME | Ametek Inc | +0.2% | +59.04% | 加仓 |
| 22 | SO | Southern Co/the | +0.1% | +101.98% | 加仓 |
| 23 | EMR | Emerson Electric Co | +0.1% | +25.30% | 加仓 |
| 24 | AVGO | Broadcom Inc | +0.1% | +0.19% | 加仓 |
| 25 | C | Citigroup Inc | +0.1% | +459.09% | 加仓 |
| 26 | AMZN | Amazon.com Inc | +0.1% | -3.62% | 减仓 |
| 27 | UNP | Union Pacific CORP | +0.1% | +852.00% | 加仓 |
| 28 | TD | Toronto-dominion Bank | +0.1% | +308.47% | 加仓 |
| 29 | GOOG | Alphabet Inc-cl C | +0.1% | -2.87% | 减仓 |
| 30 | HLT | Hilton Worldwide Holdings In | +0.1% | -0.05% | 减仓 |
| 31 | FOX | Fox CORP - Class B | +0.1% | +94.00% | 加仓 |
| 32 | SPGI | S&p Global Inc | +0.1% | +45.63% | 加仓 |
| 33 | BIDU | Baidu Inc - Spon Adr | +0.1% | +97.69% | 加仓 |
| 34 | COST | Costco Wholesale CORP | +0.1% | +25.19% | 加仓 |
| 35 | GM | General Motors Co | +0.1% | +250.51% | 加仓 |
| 36 | FCX | Freeport-mcmoran Inc | +0.1% | +180.00% | 加仓 |
| 37 | F | Ford Motor Co | +0.1% | +331.97% | 加仓 |
| 38 | CP | Canadian Pacific Kansas City | +0.1% | +77.51% | 加仓 |
| 39 | ALC | Alcon Inc. | +0.1% | -0.57% | 减仓 |
| 40 | WELL | Welltower Inc | +0.1% | +360.77% | 加仓 |
| 41 | URTH | Ishares Msci World ETF | +0.1% | +0.18% | 加仓 |
| 42 | CARG | Cargurus Inc | +0.1% | +64.66% | 加仓 |
| 43 | MAR | Marriott International -cl A | +0.1% | — | 不变 |
| 44 | MKL | Markel Group Inc | +0.1% | -4.05% | 减仓 |
| 45 | IBM | Intl Business Machines CORP | +0.1% | +0.96% | 加仓 |
| 46 | XOM | Exxon Mobil CORP | +0.1% | -1.03% | 减仓 |
| 47 | TCOM | Trip.com Group Ltd-adr | +0.1% | +67.39% | 加仓 |
| 48 | GRAB | Grab Holdings Limited | +0.1% | +140.75% | 加仓 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | +11.85% | 加仓 |
| 50 | JNJ | Johnson & Johnson | +0.1% | -5.94% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，GAM Holding AG 在 Q4 2025 季度的美股持仓总市值约为 US$13.1亿，共申报了 288 个公开持股仓位。
在 Q4 2025 季度，GAM Holding AG 按市值排列的前三大核心持股分别为：MSFT (5.2%)、GOOGL (5.1%)、NVDA (4.9%)。其中最大持股仓位 MSFT 占据整体投资组合约 5.2% 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
TTE
市值: US$1271.7万
本季最大获利了结 / 清仓标的
LRCX
前期市值: US$1612.6万
在 Q4 2025 季度中，GAM Holding AG 共进行了 198 项持仓异动，包含新建仓 35 个仓位、加仓 53 个仓位、减仓 82 个仓位以及清仓 28 个仓位。 其中最大新建仓标的为 TTE。 本季清仓仓位包含 LRCX。
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。