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: 0001512022
申报总市值
US$7.4亿
US$7.4亿
94 檔
28.5%
Q2 2025 季度申报显示，HERALD INVESTMENT MANAGEMENT Ltd 披露的美股组合总市值为 US$7.4亿，涵盖 94 个不同之权益投资仓位。
HERALD INVESTMENT MANAGEMENT Ltd 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 2 个全新仓位及加仓 9 档持股的同时，亦同步清仓 3 档并减仓 6 档标的。
在资产配置集中度方面，HERALD INVESTMENT MANAGEMENT Ltd 的前 5 大核心持股（包含 CLS, FN, PEGA 等）合计占整体申报市值的 28.5%，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 | CLS | Celestica Inc | 股票-科技 | 9.05% | -4.13% | -7.68% | |
| 2 | FN | Fabrinet | 股票-科技 | 6.75% | -4.10% | -8.79% | |
| 3 | PEGA | Pegasystems Inc | 股票-科技 | 5.65% | -1.82% | +100.00% | |
| 4 | SMCI | Super Micro Computer Inc | 股票-科技 | 5.48% | -0.54% | — | |
| 5 | SIMO | Silicon Motion Technol-adr | 股票-其他 | 4.28% | +0.92% | — | |
| 6 | VRNS | Varonis Systems Inc | 股票-科技 | 3.34% | +0.78% | — | |
| 7 | ARLO | Arlo Technologies Inc | 股票-其他 | 3.21% | -0.66% | — | |
| 8 | RDWR | Radware Ltd. | 股票-其他 | 2.94% | -0.47% | -6.90% | |
| 9 | DSGX | Descartes Systems Grp/the | 股票-科技 | 2.79% | -0.43% | — | |
| 10 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 2.55% | — | — | |
| 11 | DRS | Leonardo Drs Inc | 股票-工业 | 2.07% | -0.50% | -6.25% | |
| 12 | AVPT | Avepoint Inc | 股票-其他 | 2.00% | -0.16% | — | |
| 13 | MSFT | Microsoft CORP | 股票-科技 | 1.79% | -0.03% | -9.14% | |
| 14 | FROG | JFrog Ltd. | 股票-科技 | 1.63% | +0.58% | — | |
| 15 | VICR | Vicor CORP | 股票-科技 | 1.55% | -0.96% | — | |
| 16 | KLIC | Kulicke & Soffa Industries | 股票-科技 | 1.52% | +0.96% | — | |
| 17 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.51% | +0.17% | — | |
| 18 | CCOI | Cogent Communications Holdin | 股票-其他 | 1.48% | -0.18% | +3.49% | |
| 19 | RDVT | Red Violet Inc | 股票-其他 | 1.46% | +1.28% | — | |
| 20 | QLYS | Qualys Inc | 股票-科技 | 1.38% | +0.21% | — | |
| 21 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.31% | +0.37% | — | |
| 22 | CEVA | Ceva Inc | 股票-其他 | 1.30% | +1.01% | +23.08% | |
| 23 | TSEM | Tower Semiconductor Ltd. | 股票-科技 | 1.27% | -0.56% | — | |
| 24 | HLIT | Harmonic Inc | 股票-其他 | 1.10% | -0.39% | — | |
| 25 | FIVN | Five9 Inc | 股票-科技 | 1.03% | +0.25% | +24.41% | |
| 26 | SPSC | Sps Commerce Inc | 股票-科技 | 0.96% | — | — | |
| 27 | FA | First Advantage CORP | 股票-其他 | 0.86% | +0.19% | +15.96% | |
| 28 | ALKT | Alkami Technology Inc | 股票-其他 | 0.80% | -0.11% | +20.00% | |
| 29 | IDN | Intellicheck Inc | 股票-其他 | 0.79% | -0.63% | — | |
| 30 | HSTM | Healthstream Inc | 股票-其他 | 0.78% | +0.12% | — | |
| 31 | LASR | Nlight Inc | 股票-其他 | 0.76% | -0.32% | — | |
| 32 | AVDX | Avidxchange Holdings Inc | 股票-其他 | 0.73% | — | — | |
| 33 | BASE | Couchbase Inc | 股票-其他 | 0.72% | — | — | |
| 34 | OUST | Ouster Inc | 股票-其他 | 0.72% | +0.59% | — | |
| 35 | CLMB | Climb Global Solutions Inc | 股票-其他 | 0.71% | -0.12% | +12.50% | |
| 36 | SMWB | Similarweb Ltd. | 股票-其他 | 0.70% | +0.31% | +100.00% | |
| 37 | SPIR | Spire Global Inc | 股票-其他 | 0.68% | +0.04% | +67.93% | |
| 38 | QUIK | Quicklogic CORP | 股票-其他 | 0.66% | -0.09% | — | |
| 39 | MU | Micron Technology Inc | 股票-科技 | 0.66% | +1.81% | — | |
| 40 | AMD | Advanced Micro Devices | 股票-科技 | 0.65% | +0.89% | — | |
| 41 | ELVA | Electrovaya Inc | 股票-其他 | 0.64% | -0.25% | +7.20% | |
| 42 | PDFS | Pdf Solutions Inc | 股票-其他 | 0.63% | +0.24% | — | |
| 43 | MRAM | Everspin Technologies Inc | 股票-其他 | 0.63% | +0.06% | +12.50% | |
| 44 | VPG | Vishay Precision Group | 股票-其他 | 0.62% | +0.67% | — | |
| 45 | AAPL | Apple Inc | 股票-科技 | 0.62% | +0.17% | -18.40% | |
| 46 | FORM | Formfactor Inc | 股票-科技 | 0.60% | -0.20% | — | |
| 47 | VECO | Veeco Instruments Inc | 股票-其他 | 0.60% | -0.23% | — | |
| 48 | FC | Franklin Covey Co | 股票-其他 | 0.59% | +0.20% | — | |
| 49 | VERX | Vertex Inc - Class A | 股票-其他 | 0.58% | +0.14% | — | |
| 50 | AVNW | Aviat Networks Inc | 股票-其他 | 0.55% | -0.33% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CLS | Celestica Inc | +2.8% | -7.68% | 减仓 |
| 2 | PEGA | Pegasystems Inc | +1.1% | +100.00% | 加仓 |
| 3 | ARLO | Arlo Technologies Inc | +0.9% | — | 不变 |
| 4 | SMCI | Super Micro Computer Inc | +0.6% | — | 不变 |
| 5 | SIMO | Silicon Motion Technol-adr | +0.6% | — | 不变 |
| 6 | FN | Fabrinet | +0.5% | -8.79% | 减仓 |
| 7 | INUV | Inuvo Inc | +0.4% | NEW | 新建仓 |
| 8 | LASR | Nlight Inc | +0.4% | — | 不变 |
| 9 | OUST | Ouster Inc | +0.4% | — | 不变 |
| 10 | SPIR | Spire Global Inc | +0.3% | +67.93% | 加仓 |
| 11 | TGEN | Tecogen Inc/waltham Ma | +0.3% | NEW | 新建仓 |
| 12 | SMWB | Similarweb Ltd. | +0.2% | +100.00% | 加仓 |
| 13 | IDN | Intellicheck Inc | +0.2% | — | 不变 |
| 14 | APPS | Digital Turbine Inc | +0.2% | — | 不变 |
| 15 | FROG | JFrog Ltd. | +0.1% | — | 不变 |
| 16 | BASE | Couchbase Inc | +0.1% | — | 不变 |
| 17 | ELVA | Electrovaya Inc | +0.1% | +7.20% | 加仓 |
| 18 | FARO | Faro Technologies Inc | +0.1% | — | 不变 |
| 19 | DRS | Leonardo Drs Inc | +0.1% | -6.25% | 减仓 |
| 20 | AVPT | Avepoint Inc | +0.1% | — | 不变 |
| 21 | KOPN | Kopin CORP | +0.1% | — | 不变 |
| 22 | FA | First Advantage CORP | +0.1% | +15.96% | 加仓 |
| 23 | MU | Micron Technology Inc | +0.1% | — | 不变 |
| 24 | ALKT | Alkami Technology Inc | +0.1% | +20.00% | 加仓 |
| 25 | MRAM | Everspin Technologies Inc | +0.1% | +12.50% | 加仓 |
| 26 | RDVT | Red Violet Inc | +0.1% | — | 不变 |
| 27 | AMD | Advanced Micro Devices | +0.1% | — | 不变 |
| 28 | AIP | Arteris Inc | 0% | — | 不变 |
| 29 | KD | Kyndryl Holdings Inc | 0% | — | 不变 |
| 30 | RDWR | Radware Ltd. | 0% | -6.90% | 减仓 |
| 31 | BELFB | Bel Fuse Inc-cl B | 0% | — | 不变 |
| 32 | AVNW | Aviat Networks Inc | 0% | — | 不变 |
| 33 | VRNS | Varonis Systems Inc | 0% | — | 不变 |
| 34 | FORM | Formfactor Inc | 0% | — | 不变 |
| 35 | FIVN | Five9 Inc | 0% | +24.41% | 加仓 |
| 36 | QUIK | Quicklogic CORP | 0% | — | 不变 |
| 37 | TSEM | Tower Semiconductor Ltd. | -0.1% | — | 不变 |
| 38 | AVDX | Avidxchange Holdings Inc | -0.1% | — | 不变 |
| 39 | MSFT | Microsoft CORP | -0.1% | -9.14% | 减仓 |
| 40 | ✓ | Cyberark Software LTD. Cmn | -0.1% | — | 不变 |
| 41 | AMZN | Amazon.com Inc | -0.2% | — | 不变 |
| 42 | GOOGL | Alphabet Inc-cl A | -0.2% | — | 不变 |
| 43 | QLYS | Qualys Inc | -0.2% | — | 不变 |
| 44 | AKAM | Akamai Technologies Inc | -0.2% | EXIT | 清仓 |
| 45 | FC | Franklin Covey Co | -0.3% | — | 不变 |
| 46 | HSTM | Healthstream Inc | -0.4% | — | 不变 |
| 47 | INUVGBP | Inuvo Inc | -0.4% | EXIT | 清仓 |
| 48 | AAPL | Apple Inc | -0.4% | -18.40% | 减仓 |
| 49 | CCOI | Cogent Communications Holdin | -0.8% | +3.49% | 加仓 |
| 50 | AMSWAUSD | American Software Inc-cl A | -2.2% | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，HERALD INVESTMENT MANAGEMENT Ltd 在 Q2 2025 季度的美股持仓总市值约为 US$7.4亿，共申报了 94 个公开持股仓位。
在 Q2 2025 季度，HERALD INVESTMENT MANAGEMENT Ltd 按市值排列的前三大核心持股分别为：CLS (9.1%)、FN (6.8%)、PEGA (5.7%)。其中最大持股仓位 CLS 占据整体投资组合约 9.1% 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
INUV
市值: US$266.2万
本季最大获利了结 / 清仓标的
AMSWAUSD
前期市值: US$1174.5万
在 Q2 2025 季度中，HERALD INVESTMENT MANAGEMENT Ltd 共进行了 20 项持仓异动，包含新建仓 2 个仓位、加仓 9 个仓位、减仓 6 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 INUV。 本季清仓仓位包含 AMSWAUSD。
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。