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: 0001393825
申报总市值
US$368.3亿
US$368.3亿
1030 檔
23.4%
Q3 2025 季度申报显示，Hudson Bay Capital Management LP 披露的美股组合总市值为 US$368.3亿，涵盖 1030 个不同之权益投资仓位。
在 Q3 2025，Hudson Bay Capital Management LP 展现出较为审慎的避险与获利了结姿态。本季共减仓 81 个仓位并完全清仓 41 档持股，调降曝光的仓位数量高于加仓动作。
在资产配置集中度方面，Hudson Bay Capital Management LP 的前 5 大核心持股（包含 NVDA, TSLA, AMZN 等）合计占整体申报市值的 23.4%，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 1030 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 | NVDA | Nvidia CORP | 股票-科技 | 8.93% | -3.20% | -5.87% | |
| 2 | TSLA | Tesla Inc | 股票-周期性消费 | 6.54% | -0.34% | -26.12% | |
| 3 | AMZN | Amazon.com Inc | 股票-周期性消费 | 6.51% | -0.01% | +41.97% | |
| 4 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 3.52% | -1.00% | -12.51% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.17% | -2.38% | +497.76% | |
| 6 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 2.93% | -0.96% | +175.89% | |
| 7 | NFLX | Netflix Inc | 股票-通信服务 | 2.48% | -2.02% | +36.69% | |
| 8 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.18% | -0.14% | -41.57% | |
| 9 | AMD | Advanced Micro Devices | 股票-科技 | 2.07% | +0.86% | -40.86% | |
| 10 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 1.97% | -0.49% | +99.82% | |
| 11 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投资级债 | 1.94% | -0.40% | +44.09% | |
| 12 | MSTR | Strategy Inc | 股票-科技 | 1.92% | -0.01% | -24.13% | |
| 13 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 1.87% | -0.04% | -1.22% | |
| 14 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.75% | +0.46% | -76.34% | |
| 15 | DLTR | Dollar Tree Inc | 股票-非周期性消费 | 1.39% | -0.09% | -1.60% | |
| 16 | FLG | Flagstar Bank NA | 股票-金融 | 1.33% | -1.19% | — | |
| 17 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.25% | +3.47% | +2127.14% | |
| 18 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 1.18% | +0.26% | +325.23% | |
| 19 | SO 3.875 12-15-25债券 | Southern Co | 债券 | 1.05% | — | +59.64% | |
| 20 | CNX 2.25 05-01-26债券 | Cnx Resources CORP | 债券 | 1.02% | — | +4.27% | |
| 21 | DXCM 0.25 11-15-25债券 | Dexcom Inc | 债券 | 0.86% | — | +9.73% | |
| 22 | WDAY | Workday Inc-class A | 股票-科技 | 0.81% | — | — | |
| 23 | DASH | Doordash Inc - A | 股票-周期性消费 | 0.81% | -0.01% | EXIT | |
| 24 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.77% | — | — | |
| 25 | PCG 4.25 12-01-27债券 | Pg&e CORP | 债券 | 0.69% | -0.19% | +11.54% | |
| 26 | TMUS | T-mobile US Inc | 股票-通信服务 | 0.69% | -0.02% | +1208.73% | |
| 27 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.66% | +0.34% | -45.24% | |
| 28 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.62% | +0.08% | -52.85% | |
| 29 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.62% | — | +1070.15% | |
| 30 | BABA 0.5 06-01-31债券 | Alibaba Group Holding | 债券 | 0.58% | -0.34% | +137.50% | |
| 31 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.58% | +1.08% | +215.63% | |
| 32 | ECHO 3.875 11-30-30债券 | Echostar CORP | 债券 | 0.58% | -0.23% | +239.44% | |
| 33 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.57% | -0.46% | -25.66% | |
| 34 | EA | Electronic Arts Inc | 股票-通信服务 | 0.57% | -0.47% | +2376.91% | |
| 35 | BA | Boeing Co/the | 股票-工业 | 0.54% | +0.23% | +9.55% | |
| 36 | BP | Bp Plc-spons Adr | 股票-能源 | 0.52% | — | -6.42% | |
| 37 | RIG 4.625 09-30-29 *债券 | Transocean Interntnl LTD | 债券 | 0.47% | -0.42% | -1.93% | |
| 38 | SLB | Slb LTD | 股票-能源 | 0.46% | — | +1056.36% | |
| 39 | KEL | Kellanova | 股票-其他 | 0.46% | — | +413.83% | |
| 40 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.45% | +0.01% | -0.54% | |
| 41 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.43% | +2.30% | -66.21% | |
| 42 | IDCC 3.5 06-01-27债券 | Interdigital Inc | 债券 | 0.41% | — | — | |
| 43 | COIN | Coinbase Global Inc -class A | 股票-金融 | 0.40% | -0.42% | +10.69% | |
| 44 | UNIT 7.5 12-01-27债券 | Uniti Group Inc | 债券 | 0.39% | -0.09% | — | |
| 45 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.35% | — | +6029.94% | |
| 46 | ANET | Arista Networks Inc | 股票-科技 | 0.34% | -0.04% | -2.18% | |
| 47 | FLUT | Flutter Entertainment plc | 股票-周期性消费 | 0.33% | -0.01% | +6.25% | |
| 48 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.33% | — | -9.62% | |
| 49 | XOM | Exxon Mobil CORP | 股票-能源 | 0.32% | -0.16% | +493.62% | |
| 50 | CUZ | Cousins Properties Inc | 股票-房地产 | 0.32% | — | +20.13% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AMZN | Amazon.com Inc | +4.2% | +41.97% | 加仓 |
| 2 | TSLA | Tesla Inc | +2.4% | -26.12% | 减仓 |
| 3 | NFLX | Netflix Inc | +2% | +36.69% | 加仓 |
| 4 | IBIT | Ishares Bitcoin Trust ETF | +1.9% | +99.82% | 加仓 |
| 5 | HOOD | Robinhood Markets Inc - A | +1.4% | -1.22% | 加仓 |
| 6 | NVDA | Nvidia CORP | +1.3% | -5.87% | 减仓 |
| 7 | SMH | Vaneck Semiconductor ETF | +1.1% | +325.23% | 加仓 |
| 8 | WDAY | Workday Inc-class A | +0.7% | — | 加仓 |
| 9 | EA | Electronic Arts Inc | +0.6% | +2376.91% | 加仓 |
| 10 | AAPL | Apple Inc | +0.6% | +497.76% | 减仓 |
| 11 | MSTR | Strategy Inc | +0.5% | -24.13% | 加仓 |
| 12 | TMUS | T-mobile US Inc | +0.5% | +1208.73% | 加仓 |
| 13 | DXCM 0.25 11-15-25债券 | Dexcom Inc | +0.5% | +9.73% | 加仓 |
| 14 | SLB | Slb LTD | +0.4% | +1056.36% | 加仓 |
| 15 | ABNB | Airbnb Inc-class A | +0.4% | -0.54% | 加仓 |
| 16 | DLTR | Dollar Tree Inc | +0.3% | -1.60% | 减仓 |
| 17 | ECHO 3.875 11-30-30债券 | Echostar CORP | +0.3% | +239.44% | 减仓 |
| 18 | PCG 4.25 12-01-27债券 | Pg&e CORP | +0.3% | +11.54% | 加仓 |
| 19 | PLTR | Palantir Technologies Inc-a | +0.3% | -52.85% | 减仓 |
| 20 | SO 3.875 12-15-25债券 | Southern Co | +0.3% | +59.64% | 加仓 |
| 21 | ANET | Arista Networks Inc | +0.3% | -2.18% | 加仓 |
| 22 | CART | Maplebear Inc | +0.2% | +125.62% | 加仓 |
| 23 | DASH | Doordash Inc - A | +0.2% | +11.50% | 减仓 |
| 24 | COST | Costco Wholesale CORP | +0.2% | +1070.15% | 加仓 |
| 25 | ECHO | Echostar Corp-a | +0.2% | +210.48% | 加仓 |
| 26 | VNO | Vornado Realty Trust | +0.2% | -18.51% | 加仓 |
| 27 | SLG | Sl Green Realty CORP | +0.2% | +51.60% | 加仓 |
| 28 | AZO | Autozone Inc | +0.2% | -17.26% | 加仓 |
| 29 | BSX | Boston Scientific CORP | +0.2% | -15.54% | 加仓 |
| 30 | CRWD | Crowdstrike Holdings Inc - A | +0.2% | -9.62% | 加仓 |
| 31 | IDCC 3.5 06-01-27债券 | Interdigital Inc | +0.2% | — | 减仓 |
| 32 | CRWV | Coreweave Inc-cl A | +0.1% | +161.53% | 加仓 |
| 33 | AAL | American Airlines Group Inc | +0.1% | +3.46% | 加仓 |
| 34 | CUZ | Cousins Properties Inc | +0.1% | +20.13% | 加仓 |
| 35 | UNH | Unitedhealth Group Inc | +0.1% | -25.66% | 加仓 |
| 36 | BRX | Brixmor Property Group Inc | +0.1% | -1.64% | 加仓 |
| 37 | NTST | Netstreit CORP | +0.1% | +35.15% | 加仓 |
| 38 | BTU | Peabody Energy CORP | +0.1% | +29.10% | 加仓 |
| 39 | UAL | United Airlines Holdings Inc | +0.1% | -10.54% | 加仓 |
| 40 | LMT | Lockheed Martin CORP | +0.1% | +550.87% | 加仓 |
| 41 | AZNN | Astrazeneca Plc-spons Adr | +0.1% | +40.51% | 加仓 |
| 42 | NSC | Norfolk Southern CORP | +0.1% | +316.22% | 加仓 |
| 43 | GILD | Gilead Sciences Inc | +0.1% | +131.79% | 加仓 |
| 44 | TEAM | Atlassian Corp-cl A | +0.1% | -2.49% | 加仓 |
| 45 | ROKU | Roku Inc | +0.1% | -13.64% | 加仓 |
| 46 | VISN | Vistance Networks Inc | +0.1% | +142.84% | 加仓 |
| 47 | ETNBGBP | 89bio Inc | +0.1% | +862.34% | 加仓 |
| 48 | SLNOEUR | Soleno Therapeutics Inc | +0.1% | +26.29% | 加仓 |
| 49 | WEC | Wec Energy Group Inc | +0.1% | +192.75% | 加仓 |
| 50 | JPM | Jpmorgan Chase & Co | +0.1% | -48.65% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Hudson Bay Capital Management LP 在 Q3 2025 季度的美股持仓总市值约为 US$368.3亿，共申报了 1030 个公开持股仓位。
在 Q3 2025 季度，Hudson Bay Capital Management LP 按市值排列的前三大核心持股分别为：NVDA (8.9%)、TSLA (6.5%)、AMZN (6.5%)。其中最大持股仓位 NVDA 占据整体投资组合约 8.9% 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
CYBERARK SOFTWARE LTD. CMN
市值: US$2.3亿
本季最大获利了结 / 清仓标的
TXN
前期市值: US$2.5亿
在 Q3 2025 季度中，Hudson Bay Capital Management LP 共进行了 200 项持仓异动，包含新建仓 35 个仓位、加仓 43 个仓位、减仓 81 个仓位以及清仓 41 个仓位。 其中最大新建仓标的为 CYBERARK SOFTWARE LTD. CMN。 本季清仓仓位包含 TXN。
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。