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: 0002079571
申报总市值
US$3.0亿
US$3.0亿
181 檔
22.4%
截至 Q4 2025 季度末，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 的美股持仓估值约为 US$3.0亿，全数申报仓位共有 181 档。
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 9 个全新仓位及加仓 16 档持股的同时，亦同步清仓 11 档并减仓 13 档标的。
在资产配置集中度方面，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 的前 5 大核心持股（包含 NVDA, MSFT, GOOG 等）合计占整体申报市值的 22.4%，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 | NVDA | Nvidia CORP | 股票-科技 | 7.01% | -0.13% | +8.48% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.71% | +0.25% | +8.41% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 5.24% | +0.03% | +20.82% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.99% | +0.20% | +44.09% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.51% | -0.52% | -22.64% | |
| 6 | NOW | Servicenow Inc | 股票-科技 | 2.98% | +0.23% | +535.57% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.80% | -0.36% | +67.33% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 2.49% | -0.31% | -22.02% | |
| 9 | MU | Micron Technology Inc | 股票-科技 | 2.47% | +1.53% | +3.02% | |
| 10 | AMD | Advanced Micro Devices | 股票-科技 | 2.16% | +0.25% | +7.29% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 2.11% | +0.02% | +355.98% | |
| 12 | CRM | Salesforce Inc | 股票-科技 | 1.75% | -0.16% | +16.21% | |
| 13 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 1.73% | -0.81% | -31.97% | |
| 14 | CLH | Clean Harbors Inc | 股票-工业 | 1.63% | -0.63% | +4.25% | |
| 15 | ROAD | Construction Partners Inc-a | 股票-工业 | 1.57% | -0.23% | — | |
| 16 | V | Visa Inc-class A Shares | 股票-金融 | 1.26% | +0.24% | -45.67% | |
| 17 | PWR | Quanta Services Inc | 股票-工业 | 1.24% | -0.26% | +1.36% | |
| 18 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 1.19% | -0.59% | +2.10% | |
| 19 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.15% | -0.06% | +67.82% | |
| 20 | MELI | Mercadolibre Inc | 股票-周期性消费 | 1.10% | -0.25% | +1.40% | |
| 21 | KTOS | Kratos Defense & Security | 股票-工业 | 1.10% | -0.26% | -19.68% | |
| 22 | DDOG | Datadog Inc - Class A | 股票-科技 | 1.08% | +0.40% | -3.47% | |
| 23 | RMBS | Rambus Inc | 股票-科技 | 1.04% | -0.17% | — | |
| 24 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 1.02% | -0.40% | +1480.17% | |
| 25 | SYM | Symbotic Inc | 股票-工业 | 1.00% | -0.25% | -43.53% | |
| 26 | NU | Nu Holdings Ltd. | 股票-金融 | 0.98% | -0.39% | +7.08% | |
| 27 | FSS | Federal Signal CORP | 股票-工业 | 0.97% | -0.18% | — | |
| 28 | KRMN | Karman Holdings Inc | 股票-工业 | 0.95% | -0.30% | — | |
| 29 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.92% | -0.08% | +19412.15% | |
| 30 | WM | Waste Management Inc | 股票-工业 | 0.92% | -0.25% | +5.46% | |
| 31 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.91% | -0.14% | — | |
| 32 | KVYO | Klaviyo Inc-a | 股票-其他 | 0.87% | -0.21% | +15.39% | |
| 33 | NFLX | Netflix Inc | 股票-通信服务 | 0.87% | -0.80% | +892.69% | |
| 34 | ✓ | 股票-其他 | 0.80% | -0.05% | +14.04% | ||
| 35 | UBER | Uber Technologies Inc | 股票-工业 | 0.80% | -0.06% | +727.37% | |
| 36 | ✓ | On Holding AG | 股票-其他 | 0.77% | -0.12% | +17.80% | |
| 37 | WCN | Waste Connections Inc | 股票-工业 | 0.72% | -0.03% | -12.11% | |
| 38 | ORCL | Oracle CORP | 股票-科技 | 0.72% | -0.14% | +5.61% | |
| 39 | WAB | Wabtec CORP | 股票-工业 | 0.71% | -0.26% | +1.73% | |
| 40 | MLM | Martin Marietta Materials | 股票-原材料 | 0.70% | -0.13% | -16.84% | |
| 41 | LSCC | Lattice Semiconductor CORP | 股票-科技 | 0.66% | -0.06% | — | |
| 42 | CAT | Caterpillar Inc | 股票-工业 | 0.64% | +0.12% | +0.72% | |
| 43 | RKLB | Rocket Lab CORP | 股票-工业 | 0.63% | +0.44% | — | |
| 44 | ARM | Arm Holdings Plc-adr | 股票-科技 | 0.63% | +0.40% | — | |
| 45 | VMC | Vulcan Materials Co | 股票-原材料 | 0.63% | -0.08% | -34.07% | |
| 46 | CDNS | Cadence Design Sys Inc | 股票-科技 | 0.60% | +0.05% | -21.54% | |
| 47 | WMT | Walmart Inc | 股票-非周期性消费 | 0.60% | -0.20% | +0.35% | |
| 48 | TSLA | Tesla Inc | 股票-周期性消费 | 0.59% | -0.06% | -12.94% | |
| 49 | NTRA | Natera Inc | 股票-医疗保健 | 0.58% | +0.04% | -8.62% | |
| 50 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.57% | -0.14% | +49.48% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +1.7% | +20.82% | 加仓 |
| 2 | AVGO | Broadcom Inc | +1.6% | +355.98% | 加仓 |
| 3 | AMZN | Amazon.com Inc | +1.2% | +44.09% | 加仓 |
| 4 | MU | Micron Technology Inc | +1% | +3.02% | 加仓 |
| 5 | FCX | Freeport-mcmoran Inc | +1% | +1480.17% | 加仓 |
| 6 | BNY | Bank Of New York Mellon CORP | +0.9% | +19412.15% | 加仓 |
| 7 | META | Meta Platforms Inc-class A | +0.8% | +67.33% | 加仓 |
| 8 | UBER | Uber Technologies Inc | +0.7% | +727.37% | 加仓 |
| 9 | AMD | Advanced Micro Devices | +0.6% | +7.29% | 加仓 |
| 10 | COF | Capital One Financial CORP | +0.5% | +5145.00% | 加仓 |
| 11 | JPM | Jpmorgan Chase & Co | +0.4% | +67.82% | 加仓 |
| 12 | UNP | Union Pacific CORP | +0.4% | +338.54% | 加仓 |
| 13 | CRM | Salesforce Inc | +0.3% | +16.21% | 加仓 |
| 14 | RL | Ralph Lauren CORP | +0.3% | +7706.67% | 加仓 |
| 15 | NVDA | Nvidia CORP | +0.2% | +8.48% | 加仓 |
| 16 | WFC | Wells Fargo & Co | -0.3% | -78.09% | 减仓 |
| 17 | ORCL | Oracle CORP | -0.3% | +5.61% | 加仓 |
| 18 | BAC | Bank Of America CORP | -0.4% | -73.91% | 减仓 |
| 19 | ROAD | Construction Partners Inc-a | -0.4% | — | 不变 |
| 20 | ISRG | Intuitive Surgical Inc | -0.4% | -31.97% | 减仓 |
| 21 | VMC | Vulcan Materials Co | -0.5% | -34.07% | 减仓 |
| 22 | MCK | Mckesson CORP | -0.5% | -58.70% | 减仓 |
| 23 | CP | Canadian Pacific Kansas City | -0.6% | -80.51% | 减仓 |
| 24 | XYZ | Block Inc | -0.7% | -57.33% | 减仓 |
| 25 | KTOS | Kratos Defense & Security | -0.7% | -19.68% | 减仓 |
| 26 | SYM | Symbotic Inc | -0.7% | -43.53% | 减仓 |
| 27 | QCOM | Qualcomm Inc | -0.7% | -99.25% | 减仓 |
| 28 | MA | Mastercard Inc - A | -0.9% | -22.02% | 减仓 |
| 29 | AAPL | Apple Inc | -1% | -22.64% | 减仓 |
| 30 | V | Visa Inc-class A Shares | -1.1% | -45.67% | 减仓 |
| 31 | ✓ | Cyberark Software LTD. Cmn | — | EXIT | 清仓 |
| 32 | KRMN | Karman Holdings Inc | — | NEW | 新建仓 |
| 33 | GS | Goldman Sachs Group Inc | — | NEW | 新建仓 |
| 34 | S | Sentinelone Inc -class A | — | EXIT | 清仓 |
| 35 | PSN | Parsons CORP | — | EXIT | 清仓 |
| 36 | RKLB | Rocket Lab CORP | — | NEW | 新建仓 |
| 37 | VEEV | Veeva Systems Inc-class A | — | EXIT | 清仓 |
| 38 | LITE | Lumentum Holdings Inc | — | NEW | 新建仓 |
| 39 | CME | Cme Group Inc | — | EXIT | 清仓 |
| 40 | GM | General Motors Co | — | NEW | 新建仓 |
| 41 | TSM | Taiwan Semiconductor-sp Adr | — | NEW | 新建仓 |
| 42 | SITE | Siteone Landscape Supply Inc | — | EXIT | 清仓 |
| 43 | CIEN | Ciena CORP | — | NEW | 新建仓 |
| 44 | CFG | Citizens Financial Group | — | NEW | 新建仓 |
| 45 | NVTS | Navitas Semiconductor CORP | — | EXIT | 清仓 |
| 46 | MUSA | Murphy USA Inc | — | EXIT | 清仓 |
| 47 | TTMI | Ttm Technologies | — | NEW | 新建仓 |
| 48 | PTC | Ptc Inc | — | EXIT | 清仓 |
| 49 | FISV | Fiserv Inc | — | EXIT | 清仓 |
| 50 | PCOR | Procore Technologies Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 在 Q4 2025 季度的美股持仓总市值约为 US$3.0亿，共申报了 181 个公开持股仓位。
在 Q4 2025 季度，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 按市值排列的前三大核心持股分别为：NVDA (7.0%)、MSFT (5.7%)、GOOG (5.2%)。其中最大持股仓位 NVDA 占据整体投资组合约 7.0% 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
KRMN
市值: US$249.7万
本季最大获利了结 / 清仓标的
CYBERARK SOFTWARE LTD. CMN
前期市值: US$340.4万
在 Q4 2025 季度中，Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna 共进行了 49 项持仓异动，包含新建仓 9 个仓位、加仓 16 个仓位、减仓 13 个仓位以及清仓 11 个仓位。 其中最大新建仓标的为 KRMN。 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。