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
33.5%
在 Q3 2025 的 13F 官方备案中，HERALD INVESTMENT MANAGEMENT Ltd 管理的美股投资组合规模来到 US$7.4亿，整体持股档数为 94 档。
在 Q3 2025，HERALD INVESTMENT MANAGEMENT Ltd 操作展现出积极扩展与加仓意向。本季共新建仓 7 个新仓位，并对 15 个既有持股进行加仓（合计增持 22 档），相较减仓与清仓仓位显著占优。
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 33.5%，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 | 10.99% | -4.13% | -14.26% | |
| 2 | FN | Fabrinet | 股票-科技 | 7.08% | -4.10% | -5.82% | |
| 3 | PEGA | Pegasystems Inc | 股票-科技 | 5.39% | -1.82% | — | |
| 4 | SIMO | Silicon Motion Technol-adr | 股票-其他 | 4.85% | +0.92% | — | |
| 5 | SMCI | Super Micro Computer Inc | 股票-科技 | 4.59% | -0.54% | -4.64% | |
| 6 | VRNS | Varonis Systems Inc | 股票-科技 | 3.40% | +0.78% | — | |
| 7 | ARLO | Arlo Technologies Inc | 股票-其他 | 2.88% | -0.66% | — | |
| 8 | RDWR | Radware Ltd. | 股票-其他 | 2.38% | -0.47% | — | |
| 9 | DSGX | Descartes Systems Grp/the | 股票-科技 | 2.32% | -0.43% | — | |
| 10 | TSEM | Tower Semiconductor Ltd. | 股票-科技 | 1.91% | -0.56% | — | |
| 11 | DRS | Leonardo Drs Inc | 股票-工业 | 1.72% | -0.50% | -5.00% | |
| 12 | MSFT | Microsoft CORP | 股票-科技 | 1.68% | -0.03% | — | |
| 13 | VICR | Vicor CORP | 股票-科技 | 1.65% | -0.96% | +8.70% | |
| 14 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.63% | +0.37% | — | |
| 15 | KLIC | Kulicke & Soffa Industries | 股票-科技 | 1.60% | +0.96% | — | |
| 16 | CEVA | Ceva Inc | 股票-其他 | 1.58% | +1.01% | +12.50% | |
| 17 | FROG | JFrog Ltd. | 股票-科技 | 1.57% | +0.58% | — | |
| 18 | AVPT | Avepoint Inc | 股票-其他 | 1.40% | -0.16% | — | |
| 19 | RDVT | Red Violet Inc | 股票-其他 | 1.39% | +1.28% | — | |
| 20 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.36% | +0.17% | — | |
| 21 | ALKT | Alkami Technology Inc | 股票-其他 | 1.32% | -0.11% | +122.22% | |
| 22 | CCOI | Cogent Communications Holdin | 股票-其他 | 1.24% | -0.18% | +16.86% | |
| 23 | QLYS | Qualys Inc | 股票-科技 | 1.15% | +0.21% | — | |
| 24 | HLIT | Harmonic Inc | 股票-其他 | 1.07% | -0.39% | — | |
| 25 | ELVA | Electrovaya Inc | 股票-其他 | 0.99% | -0.25% | — | |
| 26 | MRAM | Everspin Technologies Inc | 股票-其他 | 0.99% | +0.06% | +18.52% | |
| 27 | LASR | Nlight Inc | 股票-其他 | 0.99% | -0.32% | -3.85% | |
| 28 | FIVN | Five9 Inc | 股票-科技 | 0.91% | +0.25% | +7.63% | |
| 29 | CLMB | Climb Global Solutions Inc | 股票-其他 | 0.90% | -0.12% | +11.11% | |
| 30 | VECO | Veeco Instruments Inc | 股票-其他 | 0.81% | -0.23% | — | |
| 31 | MU | Micron Technology Inc | 股票-科技 | 0.80% | +1.81% | — | |
| 32 | SPSC | Sps Commerce Inc | 股票-科技 | 0.76% | — | +15.79% | |
| 33 | FA | First Advantage CORP | 股票-其他 | 0.75% | +0.19% | +4.92% | |
| 34 | SMWB | Similarweb Ltd. | 股票-其他 | 0.74% | +0.31% | — | |
| 35 | HSTM | Healthstream Inc | 股票-其他 | 0.71% | +0.12% | — | |
| 36 | AAPL | Apple Inc | 股票-科技 | 0.69% | +0.17% | — | |
| 37 | PDFS | Pdf Solutions Inc | 股票-其他 | 0.69% | +0.24% | — | |
| 38 | IDN | Intellicheck Inc | 股票-其他 | 0.69% | -0.63% | — | |
| 39 | OUST | Ouster Inc | 股票-其他 | 0.68% | +0.59% | -5.00% | |
| 40 | AMD | Advanced Micro Devices | 股票-科技 | 0.67% | +0.89% | — | |
| 41 | AVDX | Avidxchange Holdings Inc | 股票-其他 | 0.66% | — | — | |
| 42 | VERX | Vertex Inc - Class A | 股票-其他 | 0.66% | +0.14% | +81.82% | |
| 43 | KOPN | Kopin CORP | 股票-其他 | 0.65% | +0.16% | +30.29% | |
| 44 | VPG | Vishay Precision Group | 股票-其他 | 0.64% | +0.67% | — | |
| 45 | QUIK | Quicklogic CORP | 股票-其他 | 0.59% | -0.09% | — | |
| 46 | FORM | Formfactor Inc | 股票-科技 | 0.57% | -0.20% | — | |
| 47 | WK | Workiva Inc | 股票-科技 | 0.57% | — | — | |
| 48 | ✓ | Radcom LTD New | 股票-其他 | 0.57% | +0.07% | +9.09% | |
| 49 | SPIR | Spire Global Inc | 股票-其他 | 0.56% | +0.04% | — | |
| 50 | BELFB | Bel Fuse Inc-cl B | 股票-其他 | 0.56% | -0.02% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CLS | Celestica Inc | +4.7% | -14.26% | 减仓 |
| 2 | SIMO | Silicon Motion Technol-adr | +1.2% | — | 不变 |
| 3 | PEGA | Pegasystems Inc | +0.8% | — | 加仓 |
| 4 | FN | Fabrinet | +0.8% | -5.82% | 减仓 |
| 5 | LASR | Nlight Inc | +0.6% | -3.85% | 减仓 |
| 6 | TSEM | Tower Semiconductor Ltd. | +0.6% | — | 不变 |
| 7 | ALKT | Alkami Technology Inc | +0.6% | +122.22% | 加仓 |
| 8 | ARLO | Arlo Technologies Inc | +0.5% | — | 不变 |
| 9 | ELVA | Electrovaya Inc | +0.5% | — | 加仓 |
| 10 | MRAM | Everspin Technologies Inc | +0.4% | +18.52% | 加仓 |
| 11 | KOPN | Kopin CORP | +0.4% | +30.29% | 加仓 |
| 12 | OUST | Ouster Inc | +0.3% | -5.00% | 减仓 |
| 13 | SMWB | Similarweb Ltd. | +0.3% | — | 加仓 |
| 14 | MU | Micron Technology Inc | +0.2% | — | 不变 |
| 15 | SPIR | Spire Global Inc | +0.2% | — | 加仓 |
| 16 | APPS | Digital Turbine Inc | +0.2% | — | 不变 |
| 17 | GOOGL | Alphabet Inc-cl A | +0.2% | — | 不变 |
| 18 | MLAB | Mesa Laboratories Inc | +0.2% | +300.00% | 加仓 |
| 19 | AIP | Arteris Inc | +0.2% | +33.33% | 加仓 |
| 20 | HIMX | Himax Technologies Inc-adr | +0.2% | +73.91% | 加仓 |
| 21 | BELFB | Bel Fuse Inc-cl B | +0.1% | — | 不变 |
| 22 | IDN | Intellicheck Inc | +0.1% | — | 不变 |
| 23 | ANET | Arista Networks Inc | +0.1% | — | 不变 |
| 24 | MPTI | M-tron Industries Inc | +0.1% | +57.14% | 加仓 |
| 25 | FROG | JFrog Ltd. | +0.1% | — | 不变 |
| 26 | CLMB | Climb Global Solutions Inc | +0.1% | +11.11% | 加仓 |
| 27 | AMD | Advanced Micro Devices | +0.1% | — | 不变 |
| 28 | VECO | Veeco Instruments Inc | +0.1% | — | 不变 |
| 29 | VRNS | Varonis Systems Inc | 0% | — | 不变 |
| 30 | CEVA | Ceva Inc | 0% | +12.50% | 加仓 |
| 31 | RDVT | Red Violet Inc | 0% | — | 不变 |
| 32 | MSFT | Microsoft CORP | -0.2% | — | 减仓 |
| 33 | KLIC | Kulicke & Soffa Industries | -0.2% | — | 不变 |
| 34 | DRS | Leonardo Drs Inc | -0.3% | -5.00% | 减仓 |
| 35 | SMCI | Super Micro Computer Inc | -0.3% | -4.64% | 减仓 |
| 36 | VICR | Vicor CORP | -0.4% | +8.70% | 加仓 |
| 37 | RDWR | Radware Ltd. | -0.6% | — | 减仓 |
| 38 | CCOI | Cogent Communications Holdin | -1.1% | +16.86% | 加仓 |
| 39 | ✓ | Cyberark Software LTD. Cmn | — | EXIT | 清仓 |
| 40 | AMSWAUSD | American Software Inc-cl A | — | EXIT | 清仓 |
| 41 | WK | Workiva Inc | — | NEW | 新建仓 |
| 42 | CTS | Cts CORP | — | NEW | 新建仓 |
| 43 | TGEN | Tecogen Inc/waltham Ma | — | NEW | 新建仓 |
| 44 | SLAB | Silicon Laboratories Inc | — | NEW | 新建仓 |
| 45 | BASE | Couchbase Inc | — | EXIT | 清仓 |
| 46 | SLP | Simulations Plus Inc | — | NEW | 新建仓 |
| 47 | NOVT | Novanta Inc | — | NEW | 新建仓 |
| 48 | FARO | Faro Technologies Inc | — | EXIT | 清仓 |
| 49 | INUVGBP | Inuvo Inc | — | EXIT | 清仓 |
| 50 | INUV | Inuvo Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，HERALD INVESTMENT MANAGEMENT Ltd 在 Q3 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 Q3 2025 季度，HERALD INVESTMENT MANAGEMENT Ltd 按市值排列的前三大核心持股分别为：CLS (11.0%)、FN (7.1%)、PEGA (5.4%)。其中最大持股仓位 CLS 占据整体投资组合约 11.0% 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
WK
市值: US$430.3万
本季最大获利了结 / 清仓标的
CYBERARK SOFTWARE LTD. CMN
前期市值: US$1430.7万
在 Q3 2025 季度中，HERALD INVESTMENT MANAGEMENT Ltd 共进行了 35 项持仓异动，包含新建仓 7 个仓位、加仓 15 个仓位、减仓 8 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 WK。 本季清仓仓位包含 CYBERARK SOFTWARE LTD. CMN。
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。