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: 0002043130
申报总市值
US$2.5亿
US$2.5亿
141 檔
17.6%
Q4 2025 季度申报显示，Generali Investments Towarzystwo Funduszy Inwestycyjnych 披露的美股组合总市值为 US$2.5亿，涵盖 141 个不同之权益投资仓位。
在 Q4 2025，Generali Investments Towarzystwo Funduszy Inwestycyjnych 操作展现出积极扩展与加仓意向。本季共新建仓 1 个新仓位，并对 28 个既有持股进行加仓（合计增持 29 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Generali Investments Towarzystwo Funduszy Inwestycyjnych 的前 5 大核心持股（包含 MSFT, NVDA, GOOGL 等）合计占整体申报市值的 17.6%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
AVGO
市值: US$114.2万
本季最大获利了结 / 清仓标的
EXK
前期市值: US$153.2万
| # | 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 | 5.80% | -0.61% | +33.97% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.97% | -0.06% | +15.37% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 4.28% | -0.10% | -13.54% | |
| 4 | ADI | Analog Devices Inc | 股票-科技 | 3.14% | -0.26% | -14.38% | |
| 5 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.11% | +0.09% | +22.03% | |
| 6 | ADBE | Adobe Inc | 股票-科技 | 3.11% | -0.66% | +4.28% | |
| 7 | NOW | Servicenow Inc | 股票-科技 | 2.68% | -0.54% | +592.31% | |
| 8 | AAPL | Apple Inc | 股票-科技 | 2.57% | -0.53% | -6.77% | |
| 9 | HUBS | Hubspot Inc | 股票-科技 | 2.30% | -0.12% | +31.11% | |
| 10 | AMD | Advanced Micro Devices | 股票-科技 | 2.25% | +0.39% | -32.99% | |
| 11 | AMAT | Applied Materials Inc | 股票-科技 | 2.06% | -0.02% | -29.55% | |
| 12 | TSLA | Tesla Inc | 股票-周期性消费 | 2.01% | -0.18% | — | |
| 13 | TXN | Texas Instruments Inc | 股票-科技 | 1.98% | -0.55% | +46.88% | |
| 14 | MCHP | Microchip Technology Inc | 股票-科技 | 1.90% | -0.17% | +35.24% | |
| 15 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 1.80% | +0.38% | +2.60% | |
| 16 | PANW | Palo Alto Networks Inc | 股票-科技 | 1.77% | +0.34% | +12.50% | |
| 17 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 1.76% | +0.32% | +10.34% | |
| 18 | MRVL | Marvell Technology Inc | 股票-科技 | 1.61% | -0.17% | -24.27% | |
| 19 | SNOW | Snowflake Inc | 股票-科技 | 1.61% | +0.32% | -8.48% | |
| 20 | DDOG | Datadog Inc - Class A | 股票-科技 | 1.52% | +0.42% | -5.74% | |
| 21 | MDB | Mongodb Inc | 股票-科技 | 1.39% | +0.06% | -21.84% | |
| 22 | MNDY | monday.com Ltd. | 股票-科技 | 1.33% | -0.19% | +42.31% | |
| 23 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.32% | +0.06% | +1.99% | |
| 24 | TOST | Toast Inc-class A | 股票-科技 | 1.26% | +0.23% | +87.18% | |
| 25 | ON | On Semiconductor | 股票-科技 | 1.24% | -0.18% | +2670.59% | |
| 26 | BAC | Bank Of America CORP | 股票-金融 | 1.08% | +0.03% | +3.85% | |
| 27 | MU | Micron Technology Inc | 股票-科技 | 1.07% | +1.71% | -54.71% | |
| 28 | BSX | Boston Scientific CORP | 股票-医疗保健 | 1.02% | +0.23% | +120.00% | |
| 29 | C | Citigroup Inc | 股票-金融 | 0.94% | -0.01% | -2.94% | |
| 30 | PI | Impinj Inc | 股票-科技 | 0.93% | +0.11% | +10.00% | |
| 31 | MNST | Monster Beverage CORP | 股票-非周期性消费 | 0.91% | -0.06% | -11.24% | |
| 32 | RTX | Rtx CORP | 股票-工业 | 0.91% | -0.11% | -12.82% | |
| 33 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.88% | -0.07% | -11.98% | |
| 34 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.88% | -0.15% | -10.43% | |
| 35 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.87% | -0.34% | +14.86% | |
| 36 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.86% | -0.16% | -1.26% | |
| 37 | MA | Mastercard Inc - A | 股票-金融 | 0.83% | -0.17% | — | |
| 38 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.82% | -0.23% | — | |
| 39 | AXP | American Express Co | 股票-金融 | 0.81% | -0.04% | — | |
| 40 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.80% | +0.12% | +15.08% | |
| 41 | NKE | Nike Inc -cl B | 股票-周期性消费 | 0.80% | -0.20% | +19.82% | |
| 42 | TECH | Bio-techne CORP | 股票-医疗保健 | 0.77% | -0.15% | -3.57% | |
| 43 | BILL | Bill Holdings Inc | 股票-科技 | 0.77% | -0.15% | — | |
| 44 | PRCT | Procept Biorobotics CORP | 股票-其他 | 0.77% | -0.11% | +92.31% | |
| 45 | CBRE | Cbre Group Inc - A | 股票-房地产 | 0.74% | -0.14% | +1.06% | |
| 46 | ACN | Accenture plc | 股票-科技 | 0.72% | -0.03% | +18.09% | |
| 47 | FIVN | Five9 Inc | 股票-科技 | 0.72% | +0.05% | — | |
| 48 | PFE | Pfizer Inc | 股票-医疗保健 | 0.68% | +0.02% | +6.60% | |
| 49 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.68% | -0.24% | — | |
| 50 | DE | Deere & Co | 股票-工业 | 0.68% | -0.17% | +1.69% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ON | On Semiconductor | +1.2% | +2670.59% | 加仓 |
| 2 | MSFT | Microsoft CORP | +0.8% | +33.97% | 加仓 |
| 3 | TOST | Toast Inc-class A | +0.5% | +87.18% | 加仓 |
| 4 | BSX | Boston Scientific CORP | +0.5% | +120.00% | 加仓 |
| 5 | AMZN | Amazon.com Inc | +0.5% | +22.03% | 加仓 |
| 6 | TXN | Texas Instruments Inc | +0.4% | +46.88% | 加仓 |
| 7 | ISRG | Intuitive Surgical Inc | +0.4% | +10.34% | 加仓 |
| 8 | V | Visa Inc-class A Shares | +0.4% | +460.00% | 加仓 |
| 9 | MCHP | Microchip Technology Inc | +0.4% | +35.24% | 加仓 |
| 10 | PRCT | Procept Biorobotics CORP | +0.3% | +92.31% | 加仓 |
| 11 | NVDA | Nvidia CORP | +0.3% | +15.37% | 加仓 |
| 12 | MRK | Merck & Co. Inc. | +0.2% | +14.86% | 加仓 |
| 13 | QCOM | Qualcomm Inc | +0.2% | +128.57% | 加仓 |
| 14 | NOW | Servicenow Inc | +0.1% | +592.31% | 加仓 |
| 15 | ACN | Accenture plc | +0.1% | +18.09% | 加仓 |
| 16 | DECK | Deckers Outdoor CORP | +0.1% | +41.35% | 加仓 |
| 17 | REGN | Regeneron Pharmaceuticals | +0.1% | — | 不变 |
| 18 | LLY | Eli Lilly & Co | +0.1% | -11.98% | 减仓 |
| 19 | GOOGL | Alphabet Inc-cl A | +0.1% | -13.54% | 减仓 |
| 20 | INTC | Intel CORP | +0.1% | +22.64% | 加仓 |
| 21 | DG | Dollar General CORP | +0.1% | +4.48% | 加仓 |
| 22 | GM | General Motors Co | +0.1% | — | 不变 |
| 23 | HUBS | Hubspot Inc | +0.1% | +31.11% | 加仓 |
| 24 | CMG | Chipotle Mexican Grill Inc | +0.1% | +33.78% | 加仓 |
| 25 | UPS | United Parcel Service-cl B | +0.1% | +100.00% | 加仓 |
| 26 | NXPI | NXP Semiconductors N.V. | +0.1% | +233.33% | 加仓 |
| 27 | DIS | Walt Disney Co/the | 0% | +15.08% | 加仓 |
| 28 | C | Citigroup Inc | 0% | -2.94% | 减仓 |
| 29 | DHR | Danaher CORP | 0% | — | 不变 |
| 30 | AXP | American Express Co | 0% | — | 不变 |
| 31 | BAC | Bank Of America CORP | 0% | +3.85% | 加仓 |
| 32 | MNDY | monday.com Ltd. | — | +42.31% | 加仓 |
| 33 | MDB | Mongodb Inc | 0% | -21.84% | 减仓 |
| 34 | FISV | Fiserv Inc | -0.1% | +26.83% | 加仓 |
| 35 | ADBE | Adobe Inc | -0.2% | +4.28% | 加仓 |
| 36 | CRSP | CRISPR Therapeutics AG | -0.2% | -5.56% | 减仓 |
| 37 | FIVN | Five9 Inc | -0.2% | — | 不变 |
| 38 | META | Meta Platforms Inc-class A | -0.3% | +1.99% | 加仓 |
| 39 | DDOG | Datadog Inc - Class A | -0.3% | -5.74% | 减仓 |
| 40 | SNOW | Snowflake Inc | -0.4% | -8.48% | 减仓 |
| 41 | MU | Micron Technology Inc | -0.4% | -54.71% | 减仓 |
| 42 | AMAT | Applied Materials Inc | -0.5% | -29.55% | 减仓 |
| 43 | ADI | Analog Devices Inc | -0.5% | -14.38% | 减仓 |
| 44 | AMD | Advanced Micro Devices | -0.5% | -32.99% | 减仓 |
| 45 | NTLA | Intellia Therapeutics Inc | -0.6% | -50.00% | 减仓 |
| 46 | MRVL | Marvell Technology Inc | -0.7% | -24.27% | 减仓 |
| 47 | EXK | Exact Sciences CORP | — | EXIT | 清仓 |
| 48 | AVGO | Broadcom Inc | — | NEW | 新建仓 |
| 49 | CIEN | Ciena CORP | — | EXIT | 清仓 |
| 50 | WBD | Warner Bros Discovery Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Generali Investments Towarzystwo Funduszy Inwestycyjnych 在 Q4 2025 季度的美股持仓总市值约为 US$2.5亿，共申报了 141 个公开持股仓位。
在 Q4 2025 季度，Generali Investments Towarzystwo Funduszy Inwestycyjnych 按市值排列的前三大核心持股分别为：MSFT (5.8%)、NVDA (5.0%)、GOOGL (4.3%)。其中最大持股仓位 MSFT 占据整体投资组合约 5.8% 的权重。
在 Q4 2025 季度中，Generali Investments Towarzystwo Funduszy Inwestycyjnych 共进行了 45 项持仓异动，包含新建仓 1 个仓位、加仓 28 个仓位、减仓 13 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 AVGO。 本季清仓仓位包含 EXK。
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。
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。
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。