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: 0001686988
申报总市值
US$9.6亿
US$9.6亿
366 檔
10.6%
截至 Q4 2025 季度末，L2 Asset Management, LLC 的美股持仓估值约为 US$9.6亿，全数申报仓位共有 366 档。
在 Q4 2025，L2 Asset Management, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 19 个新仓位，并对 121 个既有持股进行加仓（合计增持 140 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，L2 Asset Management, LLC 的前 5 大核心持股（包含 SGOV, NVDA, AAPL 等）合计占整体申报市值的 10.6%，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 366 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 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公债 | 3.30% | -2.19% | +2.68% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 2.94% | +0.69% | +6.90% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.83% | +0.51% | +12.69% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 2.46% | +0.22% | +8.19% | |
| 5 | SCHX | Schwab US Large-cap ETF | ETF-其他 | 2.08% | -1.18% | +47.49% | |
| 6 | SCHI | Schwab 5-10 Year Corporate B | ETF-投资级公司债 | 2.01% | -1.26% | +0.54% | |
| 7 | MTBA | Simplify Mbs ETF | ETF-其他 | 1.84% | -1.13% | +2.68% | |
| 8 | JAAA | Janus Henderson Aaa Clo ETF | ETF-其他 | 1.74% | +1.98% | +3.15% | |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.71% | -0.16% | -3.95% | |
| 10 | VTEB | Vanguard Tax-exempt Bond ETF | ETF-其他 | 1.68% | -1.06% | +2.32% | |
| 11 | EFV | Ishares Msci Eafe Value ETF | ETF-其他 | 1.56% | +0.26% | +46.05% | |
| 12 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.52% | -0.12% | -14.59% | |
| 13 | EXPE | Expedia Group Inc | 股票-周期性消费 | 1.50% | -0.08% | +9.89% | |
| 14 | SCHG | Schwab US Large-cap Growth | ETF-其他 | 1.48% | +0.25% | +49.10% | |
| 15 | AVUV | Avantis US Small Cap Value | ETF-中小型股 | 1.44% | -0.89% | +56.17% | |
| 16 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.42% | +0.32% | -4.66% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.27% | +0.30% | +7.79% | |
| 18 | GILD | Gilead Sciences Inc | 股票-医疗保健 | 1.16% | -0.03% | +16.80% | |
| 19 | SYF | Synchrony Financial | 股票-金融 | 1.12% | +0.14% | +5.50% | |
| 20 | AVGO | Broadcom Inc | 股票-科技 | 1.08% | +0.30% | +8.04% | |
| 21 | CAH | Cardinal Health Inc | 股票-医疗保健 | 1.08% | +0.41% | +1.42% | |
| 22 | NTAP | Netapp Inc | 股票-科技 | 1.06% | +0.52% | -1.08% | |
| 23 | FOXA | Fox CORP - Class A | 股票-通信服务 | 1.04% | -0.11% | +1.41% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.00% | +0.30% | +8.92% | |
| 25 | DLTR | Dollar Tree Inc | 股票-非周期性消费 | 1.00% | +0.50% | +119.86% | |
| 26 | JBL | Jabil Inc | 股票-科技 | 0.99% | +0.10% | +18.01% | |
| 27 | QCOM | Qualcomm Inc | 股票-科技 | 0.99% | +0.32% | -5.76% | |
| 28 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.98% | +0.12% | -19.95% | |
| 29 | IBM | Intl Business Machines CORP | 股票-科技 | 0.96% | +0.04% | -12.45% | |
| 30 | CF | Cf Industries Holdings Inc | 股票-原材料 | 0.95% | -0.29% | +13.55% | |
| 31 | FLEX | Flex Ltd. | 股票-科技 | 0.95% | +0.13% | -6.32% | |
| 32 | TSLA | Tesla Inc | 股票-周期性消费 | 0.92% | +0.29% | +15.97% | |
| 33 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-其他 | 0.90% | -0.58% | +57.85% | |
| 34 | LOGI | Logitech International S.A. | 股票-科技 | 0.89% | +0.14% | -16.24% | |
| 35 | VWOB | Vanguard Emerg Mkts Gov Bnd | ETF-其他 | 0.89% | -0.54% | +1.42% | |
| 36 | ZM | Zoom Communications Inc | 股票-科技 | 0.87% | -0.19% | +14.69% | |
| 37 | SCHF | Schwab Intl Equity ETF | ETF-其他 | 0.86% | -0.57% | +68.73% | |
| 38 | RL | Ralph Lauren CORP | 股票-周期性消费 | 0.85% | +0.08% | -2.27% | |
| 39 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.85% | +0.20% | +4.44% | |
| 40 | SCYB | Schwab High Yield Bond ETF | ETF-非投资级债 | 0.81% | -0.51% | +3.16% | |
| 41 | PREF | Pri Spe Pre Sec Acti-usd Inc | ETF-其他 | 0.80% | -0.65% | +20.73% | |
| 42 | UTHR | United Therapeutics CORP | 股票-医疗保健 | 0.78% | -0.19% | -16.30% | |
| 43 | PFLD | Aam Low Dur Pref & Inc Sec | ETF-其他 | 0.78% | -0.48% | +19.12% | |
| 44 | CPAY | Corpay Inc | 股票-科技 | 0.77% | -0.10% | -19.63% | |
| 45 | RPRX | Royalty Pharma plc | 股票-医疗保健 | 0.75% | +0.08% | +58.06% | |
| 46 | HO1 | Hologic Inc | 股票-其他 | 0.74% | -0.55% | EXIT | |
| 47 | SCHQ | Schwab Long-term US Treasury | ETF-政府公债 | 0.69% | -0.43% | +3.35% | |
| 48 | LYV | Live Nation Entertainment In | 股票-通信服务 | 0.67% | -0.10% | +0.28% | |
| 49 | EBAY | Ebay Inc | 股票-周期性消费 | 0.66% | +0.01% | -14.87% | |
| 50 | TPR | Tapestry Inc | 股票-周期性消费 | 0.64% | +0.15% | +6.05% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | DLTR | Dollar Tree Inc | +0.6% | +119.86% | 加仓 |
| 2 | SCHX | Schwab US Large-cap ETF | +0.6% | +47.49% | 加仓 |
| 3 | HO1 | Hologic Inc | +0.5% | +174.27% | 加仓 |
| 4 | EFV | Ishares Msci Eafe Value ETF | +0.5% | +46.05% | 加仓 |
| 5 | AVUV | Avantis US Small Cap Value | +0.5% | +56.17% | 加仓 |
| 6 | SCHG | Schwab US Large-cap Growth | +0.4% | +49.10% | 加仓 |
| 7 | EXPE | Expedia Group Inc | +0.4% | +9.89% | 加仓 |
| 8 | SCHF | Schwab Intl Equity ETF | +0.3% | +68.73% | 加仓 |
| 9 | HAL | Halliburton Co | +0.3% | +96.69% | 加仓 |
| 10 | LRCX | Lam Research CORP | +0.3% | +60.59% | 加仓 |
| 11 | AAPL | Apple Inc | +0.3% | +12.69% | 加仓 |
| 12 | RPRX | Royalty Pharma plc | +0.3% | +58.06% | 加仓 |
| 13 | SCHE | Schwab Emrg Mrkts Eqty ETF | +0.3% | +57.85% | 加仓 |
| 14 | GOOG | Alphabet Inc-cl C | +0.2% | +8.92% | 加仓 |
| 15 | ABNB | Airbnb Inc-class A | +0.2% | +52.88% | 加仓 |
| 16 | CAH | Cardinal Health Inc | +0.2% | +1.42% | 加仓 |
| 17 | SCHW | Schwab (charles) CORP | +0.2% | +179.04% | 加仓 |
| 18 | GILD | Gilead Sciences Inc | +0.2% | +16.80% | 加仓 |
| 19 | GOOGL | Alphabet Inc-cl A | +0.2% | -4.66% | 减仓 |
| 20 | AMGN | Amgen Inc | +0.2% | +27.78% | 加仓 |
| 21 | EUSA | Ishares Msci USA Equal Weigh | +0.2% | +52.84% | 加仓 |
| 22 | SYF | Synchrony Financial | +0.1% | +5.50% | 加仓 |
| 23 | CSCO | Cisco Systems Inc | +0.1% | +7.79% | 加仓 |
| 24 | AU | AngloGold Ashanti plc | +0.1% | +37.68% | 加仓 |
| 25 | JBL | Jabil Inc | +0.1% | +18.01% | 加仓 |
| 26 | SLB | Slb LTD | +0.1% | +24.66% | 加仓 |
| 27 | EOG | Eog Resources Inc | +0.1% | +56.55% | 加仓 |
| 28 | ANF | Abercrombie & Fitch Co-cl A | +0.1% | +181.65% | 加仓 |
| 29 | CHKP | Check Point Software Technologies Ltd. | +0.1% | +43.72% | 加仓 |
| 30 | JEPI | Jpmorgan Equity Premium Inco | +0.1% | +160.35% | 加仓 |
| 31 | RGLD | Royal Gold Inc | +0.1% | +105.80% | 加仓 |
| 32 | LVS | Las Vegas Sands CORP | +0.1% | +12.27% | 加仓 |
| 33 | MU | Micron Technology Inc | +0.1% | +7.90% | 加仓 |
| 34 | FOXA | Fox CORP - Class A | +0.1% | +1.41% | 加仓 |
| 35 | ZM | Zoom Communications Inc | +0.1% | +14.69% | 加仓 |
| 36 | PREF | Pri Spe Pre Sec Acti-usd Inc | +0.1% | +20.73% | 加仓 |
| 37 | MLI | Mueller Industries Inc | +0.1% | +49.99% | 加仓 |
| 38 | RNR | RenaissanceRe Holdings Ltd. | +0.1% | +56.60% | 加仓 |
| 39 | TSLA | Tesla Inc | +0.1% | +15.97% | 加仓 |
| 40 | PFLD | Aam Low Dur Pref & Inc Sec | +0.1% | +19.12% | 加仓 |
| 41 | SPMD | Ss Spdr P S&p 400 Midcap ETF | +0.1% | +110.36% | 加仓 |
| 42 | TPR | Tapestry Inc | +0.1% | +6.05% | 加仓 |
| 43 | NRG | Nrg Energy Inc | +0.1% | +32.95% | 加仓 |
| 44 | AMD | Advanced Micro Devices | +0.1% | +10.28% | 加仓 |
| 45 | MRK | Merck & Co. Inc. | +0.1% | +12.82% | 加仓 |
| 46 | CAT | Caterpillar Inc | +0.1% | +12.93% | 加仓 |
| 47 | NYT | New York Times Co-a | +0.1% | +24.63% | 加仓 |
| 48 | SCHV | Schwab US Large-cap Value | +0.1% | +61.81% | 加仓 |
| 49 | CHE | Chemed CORP | +0.1% | +85.90% | 加仓 |
| 50 | RYN | Rayonier Inc | +0.1% | +132.08% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，L2 Asset Management, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$9.6亿，共申报了 366 个公开持股仓位。
在 Q4 2025 季度，L2 Asset Management, LLC 按市值排列的前三大核心持股分别为：SGOV (3.3%)、NVDA (2.9%)、AAPL (2.8%)。其中最大持股仓位 SGOV 占据整体投资组合约 3.3% 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
INCY
市值: US$415.5万
本季最大获利了结 / 清仓标的
DVA
前期市值: US$376.9万
在 Q4 2025 季度中，L2 Asset Management, LLC 共进行了 198 项持仓异动，包含新建仓 19 个仓位、加仓 121 个仓位、减仓 40 个仓位以及清仓 18 个仓位。 其中最大新建仓标的为 INCY。 本季清仓仓位包含 DVA。
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。