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: 0001986389
申报总市值
US$3.2亿
US$3.2亿
166 檔
36.4%
Lazari Capital Management, Inc. 在 Q3 2025 季度的美股仓位总计估值为 US$3.2亿，分散于 166 个持仓标的之中，反映其市场参与广度与投资规模。
Lazari Capital Management, Inc. 在 Q3 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 12 档持股的同时，亦同步清仓 4 档并减仓 25 档标的。
在资产配置集中度方面，Lazari Capital Management, Inc. 的前 5 大核心持股（包含 AAPL, META, NVDA 等）合计占整体申报市值的 36.4%，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 | AAPL | Apple Inc | 股票-科技 | 13.70% | -0.01% | -3.73% | |
| 2 | META | Meta Platforms Inc-class A | 股票-通信服务 | 8.21% | -0.69% | -0.63% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 6.41% | +0.58% | -0.36% | |
| 4 | UBER | Uber Technologies Inc | 股票-工业 | 5.89% | -0.37% | -2.72% | |
| 5 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.71% | +0.17% | -0.81% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 4.48% | +0.77% | -0.25% | |
| 7 | TSLA | Tesla Inc | 股票-周期性消费 | 3.32% | +0.01% | +100.44% | |
| 8 | MSFT | Microsoft CORP | 股票-科技 | 2.87% | -0.20% | -0.78% | |
| 9 | DIS | Walt Disney Co/the | 股票-通信服务 | 2.41% | -0.29% | -1.29% | |
| 10 | BP | Bp Plc-spons Adr | 股票-能源 | 2.31% | -0.97% | -0.54% | |
| 11 | BA | Boeing Co/the | 股票-工业 | 2.31% | — | +1.25% | |
| 12 | BAC | Bank Of America CORP | 股票-金融 | 1.61% | +0.03% | -7.27% | |
| 13 | NFLX | Netflix Inc | 股票-通信服务 | 1.53% | -0.19% | +0.45% | |
| 14 | AMD | Advanced Micro Devices | 股票-科技 | 1.30% | +2.09% | -1.98% | |
| 15 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.27% | +0.03% | -0.28% | |
| 16 | AVGO | Broadcom Inc | 股票-科技 | 1.21% | -0.06% | -7.02% | |
| 17 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 1.21% | +0.03% | -10.93% | |
| 18 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.98% | -0.47% | -1.14% | |
| 19 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.92% | -0.02% | +0.23% | |
| 20 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.87% | -0.01% | -6.17% | |
| 21 | XOM | Exxon Mobil CORP | 股票-能源 | 0.81% | -0.27% | -0.10% | |
| 22 | STIP | Ishares 0-5 Year Tips Bond E | ETF-其他 | 0.74% | -0.11% | -4.81% | |
| 23 | SRE | Sempra | 股票-公用事业 | 0.74% | -0.82% | EXIT | |
| 24 | BA 6 10-15-27债券 | Boeing Co/the | 债券 | 0.70% | -0.05% | — | |
| 25 | V | Visa Inc-class A Shares | 股票-金融 | 0.67% | -0.11% | -0.07% | |
| 26 | MGK | Vanguard Mega Cap Growth ETF | ETF-其他 | 0.65% | +0.05% | +0.02% | |
| 27 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 0.65% | +0.01% | -13.12% | |
| 28 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.64% | +0.09% | -12.97% | |
| 29 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.64% | +0.29% | +59.58% | |
| 30 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 0.64% | -0.08% | -2.29% | |
| 31 | PFE | Pfizer Inc | 股票-医疗保健 | 0.58% | -0.16% | -9.37% | |
| 32 | SPXS | Direx Dai Semi Be 3x Etf-usd | ETF-其他 | 0.56% | -0.11% | — | |
| 33 | T | At&t Inc | 股票-通信服务 | 0.54% | -0.20% | -0.57% | |
| 34 | WFC | Wells Fargo & Co | 股票-金融 | 0.54% | -0.05% | +2.01% | |
| 35 | VYM | Vanguard High Dvd Yield ETF | ETF-其他 | 0.52% | -0.03% | +0.11% | |
| 36 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.51% | -0.12% | -1.15% | |
| 37 | SBUX | Starbucks CORP | 股票-周期性消费 | 0.48% | — | -0.13% | |
| 38 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.48% | -0.11% | -0.07% | |
| 39 | WYNN | Wynn Resorts LTD | 股票-周期性消费 | 0.47% | -0.06% | -61.02% | |
| 40 | WMT | Walmart Inc | 股票-非周期性消费 | 0.46% | -0.11% | +1.46% | |
| 41 | AXP | American Express Co | 股票-金融 | 0.45% | +0.03% | — | |
| 42 | CRM | Salesforce Inc | 股票-科技 | 0.43% | -0.09% | -0.82% | |
| 43 | COP | Conocophillips | 股票-能源 | 0.41% | -0.19% | — | |
| 44 | MO | Altria Group Inc | 股票-非周期性消费 | 0.41% | -0.01% | +0.20% | |
| 45 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.39% | -0.04% | +1.91% | |
| 46 | C | Citigroup Inc | 股票-金融 | 0.39% | +0.03% | — | |
| 47 | ORCL | Oracle CORP | 股票-科技 | 0.36% | -0.09% | +2.52% | |
| 48 | CVX | Chevron CORP | 股票-能源 | 0.35% | -0.14% | +1.09% | |
| 49 | XLE | Ss Energy Select Sector | ETF-其他 | 0.35% | -0.15% | -0.85% | |
| 50 | MA | Mastercard Inc - A | 股票-金融 | 0.34% | -0.04% | -0.28% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | TSLA | Tesla Inc | +2.1% | +100.44% | 加仓 |
| 2 | NVDA | Nvidia CORP | +1.5% | -0.36% | 减仓 |
| 3 | GOOGL | Alphabet Inc-cl A | +1% | -0.25% | 减仓 |
| 4 | UNH | Unitedhealth Group Inc | +0.4% | +59.58% | 加仓 |
| 5 | AVGO | Broadcom Inc | +0.4% | -7.02% | 减仓 |
| 6 | AMD | Advanced Micro Devices | +0.3% | -1.98% | 减仓 |
| 7 | MSFT | Microsoft CORP | +0.2% | -0.78% | 减仓 |
| 8 | BA | Boeing Co/the | +0.2% | +1.25% | 加仓 |
| 9 | ORCL | Oracle CORP | +0.2% | +2.52% | 加仓 |
| 10 | META | Meta Platforms Inc-class A | +0.1% | -0.63% | 减仓 |
| 11 | PLTR | Palantir Technologies Inc-a | +0.1% | -2.85% | 加仓 |
| 12 | SHOP | Shopify Inc - Class A | +0.1% | +0.62% | 加仓 |
| 13 | GOOG | Alphabet Inc-cl C | +0.1% | -0.51% | 减仓 |
| 14 | LLY | Eli Lilly & Co | +0.1% | +64.52% | 加仓 |
| 15 | NFLX | Netflix Inc | +0.1% | +0.45% | 减仓 |
| 16 | MGK | Vanguard Mega Cap Growth ETF | +0.1% | +0.02% | 加仓 |
| 17 | BABA | Alibaba Group Holding-sp Adr | +0.1% | -1.15% | 减仓 |
| 18 | C | Citigroup Inc | +0.1% | — | 减仓 |
| 19 | GS | Goldman Sachs Group Inc | 0% | +0.25% | 减仓 |
| 20 | SRE | Sempra | 0% | +0.29% | 加仓 |
| 21 | JPM | Jpmorgan Chase & Co | 0% | +0.23% | 减仓 |
| 22 | WFC | Wells Fargo & Co | — | +2.01% | 加仓 |
| 23 | AXP | American Express Co | — | — | 减仓 |
| 24 | BAC | Bank Of America CORP | 0% | -7.27% | 减仓 |
| 25 | VYM | Vanguard High Dvd Yield ETF | 0% | +0.11% | 加仓 |
| 26 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.1% | -6.17% | 减仓 |
| 27 | ABBV | Abbvie Inc | -0.1% | -0.28% | 减仓 |
| 28 | UBER | Uber Technologies Inc | -0.2% | -2.72% | 减仓 |
| 29 | VTI | Vanguard Total Stock Mkt ETF | -0.2% | -10.93% | 减仓 |
| 30 | CRM | Salesforce Inc | -0.2% | -0.82% | 减仓 |
| 31 | DIS | Walt Disney Co/the | -0.2% | -1.29% | 减仓 |
| 32 | BMY | Bristol-myers Squibb Co | -0.2% | -8.10% | 减仓 |
| 33 | SBUX | Starbucks CORP | -0.2% | -0.13% | 减仓 |
| 34 | BP | Bp Plc-spons Adr | -0.4% | -0.54% | 加仓 |
| 35 | WYNN | Wynn Resorts LTD | -0.5% | -61.02% | 减仓 |
| 36 | AMZN | Amazon.com Inc | -0.6% | -0.81% | 减仓 |
| 37 | AAPL | Apple Inc | -2.2% | -3.73% | 减仓 |
| 38 | BA 6 10-15-27债券 | Boeing Co/the | — | NEW | 新建仓 |
| 39 | SPXS | Direx Dai Semi Be 3x Etf-usd | — | NEW | 新建仓 |
| 40 | BE | Bloom Energy Corp- A | — | NEW | 新建仓 |
| 41 | SPXS1EUR | Direxion Dly S&p 500 Bear 3x | — | EXIT | 清仓 |
| 42 | LUV 1.25 05-01-25债券 | Southwest Airlines Co | — | EXIT | 清仓 |
| 43 | GEV | GE Vernova Inc | — | NEW | 新建仓 |
| 44 | LRCX | Lam Research CORP | — | NEW | 新建仓 |
| 45 | VXUS | Vanguard Total Intl Stock | — | NEW | 新建仓 |
| 46 | COIN | Coinbase Global Inc -class A | — | EXIT | 清仓 |
| 47 | FISV | Fiserv Inc | — | NEW | 新建仓 |
| 48 | AMAT | Applied Materials Inc | — | NEW | 新建仓 |
| 49 | DFEV | Dimensional Emrg Mrkt Val | — | EXIT | 清仓 |
| 50 | INTC | Intel CORP | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Lazari Capital Management, Inc. 在 Q3 2025 季度的美股持仓总市值约为 US$3.2亿，共申报了 166 个公开持股仓位。
在 Q3 2025 季度，Lazari Capital Management, Inc. 按市值排列的前三大核心持股分别为：AAPL (13.7%)、META (8.2%)、NVDA (6.4%)。其中最大持股仓位 AAPL 占据整体投资组合约 13.7% 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
BA 6 10-15-27
市值: US$207.5万
本季最大获利了结 / 清仓标的
SPXS1EUR
前期市值: US$40.6万
在 Q3 2025 季度中，Lazari Capital Management, Inc. 共进行了 50 项持仓异动，包含新建仓 9 个仓位、加仓 12 个仓位、减仓 25 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 BA 6 10-15-27。 本季清仓仓位包含 SPXS1EUR。
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。