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: 0001315421
申报总市值
US$55.0亿
US$55.0亿
1242 檔
53.3%
Q2 2025 季度申报显示，Graham Capital Management, L.P. 披露的美股组合总市值为 US$55.0亿，涵盖 1242 个不同之权益投资仓位。
Graham Capital Management, L.P. 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 54 个全新仓位及加仓 55 档持股的同时，亦同步清仓 41 档并减仓 46 档标的。
在资产配置集中度方面，Graham Capital Management, L.P. 的前 5 大核心持股（包含 MSTR, IWM, IBIT 等）合计占整体申报市值的 53.3%，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 1242 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 | MSTR | Strategy Inc | 股票-科技 | 25.92% | -0.04% | EXIT | |
| 2 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 7.67% | +8.42% | -11.11% | |
| 3 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 4.68% | -1.81% | +12.21% | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 3.50% | +0.88% | +251.27% | |
| 5 | PR 3.25 04-01-28债券 | Permian Resourc Optg LLC | 债券 | 2.45% | — | -1.23% | |
| 6 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.38% | +1.81% | +1312.85% | |
| 7 | FBTC | Fidelity Wise Origin Bitcoin | ETF-加密货币 | 1.53% | -0.34% | — | |
| 8 | COIN 0.5 06-01-26债券 | Coinbase Global Inc | 债券 | 1.32% | — | — | |
| 9 | PCT 7.25 08-15-30债券 | Purecycle Technologies | 债券 | 1.17% | -1.44% | EXIT | |
| 10 | NVAX 5 12-15-27债券 | Novavax Inc | 债券 | 1.13% | — | +9.36% | |
| 11 | BBIO 2.5 03-15-27债券 | Bridgebio Pharma Inc | 债券 | 1.10% | -0.25% | +4.49% | |
| 12 | BE 3 06-01-29债券 | Bloom Energy CORP | 债券 | 0.96% | — | — | |
| 13 | PCT | Purecycle Technologies Inc | 股票-其他 | 0.90% | -0.32% | +207.73% | |
| 14 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公债 | 0.87% | -0.21% | -16.03% | |
| 15 | TLRY 5.2 06-15-27债券 | Tilray Brands Inc | 债券 | 0.83% | -0.58% | -7.75% | |
| 16 | RIVN 3.625 10-15-30债券 | Rivian Auto Inc | 债券 | 0.81% | -0.22% | -14.33% | |
| 17 | BITO | Proshares Bitcoin Etf-usd | ETF-加密货币 | 0.81% | — | — | |
| 18 | BE 3 06-01-28债券 | Bloom Energy CORP | 债券 | 0.81% | — | — | |
| 19 | MARA | Mara Holdings Inc | 股票-金融 | 0.65% | — | — | |
| 20 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 0.63% | +0.02% | +42.80% | |
| 21 | CLMT | Calumet Inc | 股票-其他 | 0.62% | -0.37% | +30.54% | |
| 22 | TVTX 2.25 03-01-29债券 | Travere Therapeutics Inc | 债券 | 0.60% | -0.52% | EXIT | |
| 23 | EOSE | Eos Energy Enterprises Inc | 股票-其他 | 0.59% | +0.06% | — | |
| 24 | GPRE 2.25 03-15-27债券 | Green Plains Inc | 债券 | 0.56% | -0.04% | +13.89% | |
| 25 | GDX | Vaneck Gold Miners ETF | ETF-避险与商品 | 0.50% | -1.89% | -3.57% | |
| 26 | ECHO 3.875 11-30-30债券 | Echostar CORP | 债券 | 0.49% | — | -16.90% | |
| 27 | RIG 4 12-15-25 *债券 | Transocean Interntnl LTD | 债券 | 0.42% | — | -31.69% | |
| 28 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.39% | -0.73% | +62.04% | |
| 29 | BTU 3.25 03-01-28债券 | Peabody Energy CORP | 债券 | 0.38% | — | -16.94% | |
| 30 | CME | Cme Group Inc | 股票-金融 | 0.36% | -0.22% | +16.47% | |
| 31 | RUN 4 03-01-30债券 | Sunrun Inc | 债券 | 0.34% | -0.37% | — | |
| 32 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.34% | -0.12% | -11.94% | |
| 33 | DG | Dollar General CORP | 股票-非周期性消费 | 0.34% | +0.08% | +43.31% | |
| 34 | AAPL | Apple Inc | 股票-科技 | 0.33% | +0.33% | +4109.12% | |
| 35 | BXMT 5.5 03-15-27债券 | Blackstone Mortgage Tr | 债券 | 0.31% | -0.06% | +31.47% | |
| 36 | RUN | Sunrun Inc | 股票-科技 | 0.30% | -0.01% | — | |
| 37 | VTV | Vanguard Value ETF | ETF-其他 | 0.29% | +0.04% | NEW | |
| 38 | NVDA | Nvidia CORP | 股票-科技 | 0.29% | +0.26% | -19.29% | |
| 39 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.29% | — | +222.78% | |
| 40 | BA | Boeing Co/the | 股票-工业 | 0.29% | -0.17% | +8.62% | |
| 41 | CIFR 1.75 05-15-30债券 | Cipher Digital Inc | 债券 | 0.29% | — | — | |
| 42 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.28% | -0.06% | -1.21% | |
| 43 | ICE | Intercontinental Exchange In | 股票-金融 | 0.25% | — | +1949.30% | |
| 44 | CAT | Caterpillar Inc | 股票-工业 | 0.24% | +0.04% | +1238.46% | |
| 45 | GRPN | Groupon Inc | 股票-其他 | 0.23% | — | — | |
| 46 | EEM | Ishares Msci Emerging Market | ETF-新兴市场 | 0.23% | -0.32% | — | |
| 47 | GPRE | Green Plains Inc | 股票-其他 | 0.21% | — | +13111.73% | |
| 48 | MNST | Monster Beverage CORP | 股票-非周期性消费 | 0.21% | -0.07% | — | |
| 49 | NU | Nu Holdings Ltd. | 股票-金融 | 0.21% | -0.03% | EXIT | |
| 50 | BX | Blackstone Inc | 股票-金融 | 0.20% | — | +121.81% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSTR | Strategy Inc | +2.6% | -8.12% | 减仓 |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | +2.5% | +251.27% | 加仓 |
| 3 | QQQ | Invesco Qqq Trust Series 1 | +2.2% | +1312.85% | 加仓 |
| 4 | FBTC | Fidelity Wise Origin Bitcoin | +1.5% | NEW | 新建仓 |
| 5 | IBIT | Ishares Bitcoin Trust ETF | +1% | +12.21% | 加仓 |
| 6 | BE 3 06-01-29债券 | Bloom Energy CORP | +1% | NEW | 新建仓 |
| 7 | PCT | Purecycle Technologies Inc | +0.7% | +207.73% | 加仓 |
| 8 | EOSE | Eos Energy Enterprises Inc | +0.6% | NEW | 新建仓 |
| 9 | PCT 7.25 08-15-30债券 | Purecycle Technologies | +0.6% | +54.42% | 加仓 |
| 10 | RUN 4 03-01-30债券 | Sunrun Inc | +0.3% | NEW | 新建仓 |
| 11 | AAPL | Apple Inc | +0.3% | +4109.12% | 加仓 |
| 12 | RUN | Sunrun Inc | +0.3% | NEW | 新建仓 |
| 13 | VTV | Vanguard Value ETF | +0.3% | NEW | 新建仓 |
| 14 | CIFR 1.75 05-15-30债券 | Cipher Digital Inc | +0.3% | NEW | 新建仓 |
| 15 | TVTX 2.25 03-01-29债券 | Travere Therapeutics Inc | +0.2% | +100.69% | 加仓 |
| 16 | ICE | Intercontinental Exchange In | +0.2% | +1949.30% | 加仓 |
| 17 | GRPN | Groupon Inc | +0.2% | NEW | 新建仓 |
| 18 | EEM | Ishares Msci Emerging Market | +0.2% | NEW | 新建仓 |
| 19 | CAT | Caterpillar Inc | +0.2% | +1238.46% | 加仓 |
| 20 | GPRE | Green Plains Inc | +0.2% | +13111.73% | 加仓 |
| 21 | MNST | Monster Beverage CORP | +0.2% | NEW | 新建仓 |
| 22 | APLD | Applied Digital CORP | +0.2% | NEW | 新建仓 |
| 23 | ADI | Analog Devices Inc | +0.2% | NEW | 新建仓 |
| 24 | BSX | Boston Scientific CORP | +0.2% | +222.78% | 加仓 |
| 25 | CLMT | Calumet Inc | +0.2% | +30.54% | 加仓 |
| 26 | CVX | Chevron CORP | +0.2% | +2338.57% | 加仓 |
| 27 | SCHW | Schwab (charles) CORP | +0.2% | +650.83% | 加仓 |
| 28 | AMZN | Amazon.com Inc | +0.2% | +62.04% | 加仓 |
| 29 | ECHO | Echostar Corp-a | +0.2% | +426.69% | 加仓 |
| 30 | ACGL | Arch Capital Group Ltd. | +0.2% | NEW | 新建仓 |
| 31 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.1% | +42.80% | 加仓 |
| 32 | DG | Dollar General CORP | +0.1% | +43.31% | 加仓 |
| 33 | BAC | Bank Of America CORP | +0.1% | NEW | 新建仓 |
| 34 | ADP | Automatic Data Processing | +0.1% | NEW | 新建仓 |
| 35 | AVGO | Broadcom Inc | +0.1% | NEW | 新建仓 |
| 36 | CMCSA | Comcast Corp-class A | +0.1% | NEW | 新建仓 |
| 37 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | NEW | 新建仓 |
| 38 | VEEV | Veeva Systems Inc-class A | +0.1% | +224.39% | 加仓 |
| 39 | OEF | Ishares S&p 100 ETF | +0.1% | NEW | 新建仓 |
| 40 | CRM | Salesforce Inc | +0.1% | NEW | 新建仓 |
| 41 | ETR | Entergy CORP | +0.1% | NEW | 新建仓 |
| 42 | EMR | Emerson Electric Co | +0.1% | NEW | 新建仓 |
| 43 | MARA | Mara Holdings Inc | +0.1% | — | 不变 |
| 44 | BX | Blackstone Inc | +0.1% | +121.81% | 加仓 |
| 45 | EQH | Equitable Holdings Inc | +0.1% | +446.64% | 加仓 |
| 46 | MET | Metlife Inc | +0.1% | NEW | 新建仓 |
| 47 | NTNX | Nutanix Inc - A | +0.1% | +320.06% | 加仓 |
| 48 | MCK | Mckesson CORP | +0.1% | NEW | 新建仓 |
| 49 | NFE | New Fortress Energy Inc | +0.1% | +10681.53% | 加仓 |
| 50 | EWJ | Ishares Msci Japan ETF | +0.1% | +113.12% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Graham Capital Management, L.P. 在 Q2 2025 季度的美股持仓总市值约为 US$55.0亿，共申报了 1242 个公开持股仓位。
在 Q2 2025 季度，Graham Capital Management, L.P. 按市值排列的前三大核心持股分别为：MSTR (25.9%)、IWM (7.7%)、IBIT (4.7%)。其中最大持股仓位 MSTR 占据整体投资组合约 25.9% 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
FBTC
市值: US$1.0亿
本季最大获利了结 / 清仓标的
HYG
前期市值: US$2.8亿
在 Q2 2025 季度中，Graham Capital Management, L.P. 共进行了 196 项持仓异动，包含新建仓 54 个仓位、加仓 55 个仓位、减仓 46 个仓位以及清仓 41 个仓位。 其中最大新建仓标的为 FBTC。 本季清仓仓位包含 HYG。
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。