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: 0001572748
申报总市值
US$32.3亿
US$32.3亿
307 檔
21.5%
根据最新整理的 13F 季度数据集，Marathon Trading Investment Management LLC 于 Q3 2025 结束时的管理资产规模为 US$32.3亿。该机构在本季度申报了 307 档美股持仓，呈现出该时期的主要投资地图。
Marathon Trading Investment Management LLC 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 42 个全新仓位及加仓 74 档持股的同时，亦同步清仓 49 档并减仓 35 档标的。
在资产配置集中度方面，Marathon Trading Investment Management LLC 的前 5 大核心持股（包含 SLV, SLV, TSLA 等）合计占整体申报市值的 21.5%，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 307 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 | SLV | iShares Silver Trust | ETF-避险与商品 | 15.34% | -15.72% | +1991.06% | |
| 2 | SLV | iShares Silver Trust | ETF-避险与商品 | 13.82% | -13.96% | +3617.65% | |
| 3 | TSLA | Tesla, Inc. | 股票-周期性消费 | 7.70% | -0.30% | +125650.00% | |
| 4 | ✓ | Wolfspeed Inc | 股票-其他 | 6.15% | +0.12% | — | |
| 5 | GLD | SPDR Gold Shares | ETF-避险与商品 | 4.65% | -0.33% | -46.67% | |
| 6 | TSLA | Tesla, Inc. | 股票-周期性消费 | 3.64% | +1.99% | -35.68% | |
| 7 | GLD | Spdr Gold Shares | ETF-避险与商品 | 2.46% | -0.66% | — | |
| 8 | KBAB | KraneShares 2x Long BABA Daily ETF | ETF-其他 | 1.88% | -0.05% | +361.40% | |
| 9 | AMZN | Amazon.com, Inc. | 股票-周期性消费 | 1.68% | +1.61% | +875.44% | |
| 10 | JD | JD.com, Inc. | 股票-周期性消费 | 1.64% | -0.02% | +240.20% | |
| 11 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.50% | +1.63% | +1412.66% | |
| 12 | GLD | SPDR Gold Shares | ETF-避险与商品 | 1.47% | -0.11% | -48.19% | |
| 13 | BAC | Bank of America Corporation | 股票-金融 | 1.28% | — | — | |
| 14 | ✓ | Pdd Holdings Inc | 股票-其他 | 1.25% | -0.21% | +27.55% | |
| 15 | NVDA | NVIDIA Corporation | 股票-科技 | 1.23% | +6.02% | +6.81% | |
| 16 | BAC | Bank Of America CORP | 股票-金融 | 1.17% | — | EXIT | |
| 17 | JD | Jd.com Inc-adr | 股票-周期性消费 | 1.08% | -0.03% | +363.65% | |
| 18 | ✓ | 股票-其他 | 1.00% | +0.05% | NEW | ||
| 19 | BABA | Alibaba Group Holding Limited | 股票-周期性消费 | 0.94% | -0.14% | +12.83% | |
| 20 | ✓ | Palantir Technologies Inc | 股票-其他 | 0.93% | -0.24% | +65.84% | |
| 21 | RDDT | Reddit, Inc. | 股票-通信服务 | 0.90% | — | +1732.26% | |
| 22 | IBIT | iShares Bitcoin Trust ETF | ETF-加密货币 | 0.86% | +0.17% | +115.15% | |
| 23 | BABA | Alibaba Group Holding Limited | 股票-周期性消费 | 0.84% | -0.19% | +25.74% | |
| 24 | MSTR | Strategy Inc | 股票-科技 | 0.73% | -0.03% | +10.33% | |
| 25 | JD | JD.com, Inc. | 股票-周期性消费 | 0.64% | -0.04% | +310.15% | |
| 26 | MSFT | Microsoft Corporation | 股票-科技 | 0.63% | +0.23% | +185.48% | |
| 27 | ✓ | Siriusxm Holdings Inc | 股票-其他 | 0.63% | — | — | |
| 28 | KWEB | Kranesh Csi China Internet | ETF-新兴市场 | 0.61% | +0.01% | +112.59% | |
| 29 | MSTR | Strategy Inc | 股票-科技 | 0.58% | -0.29% | +23.81% | |
| 30 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.57% | +0.10% | — | |
| 31 | WBD | Warner Bros Discovery Inc | 股票-通信服务 | 0.55% | — | — | |
| 32 | KBAB | KraneShares 2x Long BABA Daily ETF | ETF-其他 | 0.55% | +0.03% | +87.94% | |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.54% | +0.77% | -85.09% | |
| 34 | GEV | GE Vernova Inc. | 股票-工业 | 0.53% | — | — | |
| 35 | CRWV | Coreweave Inc-cl A | 股票-科技 | 0.53% | — | +216.15% | |
| 36 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.50% | -0.33% | +50.45% | |
| 37 | SMHC | VanEck China Semiconductor ETF | ETF-新兴市场 | 0.50% | +2.47% | +548.72% | |
| 38 | ✓ | Pdd Holdings Inc | 股票-其他 | 0.49% | +0.04% | -28.13% | |
| 39 | WFC | Wells Fargo & Co | 股票-金融 | 0.49% | +0.02% | -5.43% | |
| 40 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 0.42% | -0.11% | -10.73% | |
| 41 | SPY | State Street SPDR S&P 500 ETF Trust | ETF-大型股与成长 | 0.41% | -6.45% | -46.06% | |
| 42 | ✓ | 股票-其他 | 0.37% | — | NEW | ||
| 43 | ✓ | Intel CORP | 股票-其他 | 0.37% | — | +212.60% | |
| 44 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 0.36% | -0.08% | +1111.97% | |
| 45 | INTC | Intel CORP | 股票-科技 | 0.36% | -0.02% | +25.44% | |
| 46 | CORZ | Core Scientific, Inc. | 股票-科技 | 0.36% | +0.05% | — | |
| 47 | CRWV | CoreWeave, Inc. | 股票-科技 | 0.31% | -0.01% | EXIT | |
| 48 | INTC | Intel Corporation | 股票-科技 | 0.30% | +0.05% | +570.77% | |
| 49 | ARKK | ARK Innovation ETF | ETF-其他 | 0.29% | — | +349.09% | |
| 50 | COIN | Coinbase Global, Inc. | 股票-金融 | 0.29% | -0.01% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | SLV | iShares Silver Trust | +14.5% | +1991.06% | 加仓 |
| 2 | TSLA | Tesla, Inc. | +6.7% | +125650.00% | 加仓 |
| 3 | GLD | Spdr Gold Shares | +2% | — | 加仓 |
| 4 | TSLA | Tesla, Inc. | +1.6% | -35.68% | 加仓 |
| 5 | AMZN | Amazon.com, Inc. | +1.6% | +875.44% | 加仓 |
| 6 | AMZN | Amazon.com Inc | +1.4% | +1412.66% | 加仓 |
| 7 | JD | Jd.com Inc-adr | +1.1% | +363.65% | 加仓 |
| 8 | RDDT | Reddit, Inc. | +0.9% | +1732.26% | 加仓 |
| 9 | KBAB | KraneShares 2x Long BABA Daily ETF | +0.7% | +361.40% | 加仓 |
| 10 | IBIT | iShares Bitcoin Trust ETF | +0.7% | +115.15% | 加仓 |
| 11 | WBD | Warner Bros Discovery Inc | +0.5% | — | 加仓 |
| 12 | ✓ | Palantir Technologies Inc | +0.5% | +65.84% | 加仓 |
| 13 | QQQ | Invesco Qqq Trust Series 1 | +0.5% | — | 加仓 |
| 14 | KWEB | Kranesh Csi China Internet | +0.5% | +112.59% | 加仓 |
| 15 | PDD | Pdd Holdings Inc | +0.3% | +1111.97% | 加仓 |
| 16 | WFC | Wells Fargo & Company | +0.3% | +396.04% | 加仓 |
| 17 | INTC | Intel Corporation | +0.3% | +570.77% | 加仓 |
| 18 | ARM | Arm Holdings plc | +0.3% | +547.62% | 加仓 |
| 19 | ✓ | Intel CORP | +0.2% | +212.60% | 加仓 |
| 20 | MU | Micron Technology, Inc. | +0.2% | -17.41% | 加仓 |
| 21 | MCHX | Marchex, Inc. | +0.2% | -30.67% | 加仓 |
| 22 | WBD | Warner Bros. Discovery, Inc. | +0.2% | — | 加仓 |
| 23 | IBIT | iShares Bitcoin Trust ETF | +0.2% | +433.70% | 加仓 |
| 24 | ✓ | Nebius Group N.v. | +0.2% | -37.33% | 加仓 |
| 25 | AAPL | Apple Inc. | +0.2% | -9.68% | 加仓 |
| 26 | MSFT | Microsoft Corporation | +0.2% | +185.48% | 加仓 |
| 27 | ORCL | Oracle Corporation | +0.2% | — | 加仓 |
| 28 | ENVX | Enovix CORP | +0.1% | +2683.65% | 加仓 |
| 29 | AVGO | Broadcom Inc. | +0.1% | -17.36% | 加仓 |
| 30 | ARM | Arm Holdings Plc-adr | +0.1% | — | 加仓 |
| 31 | XOM | Exxon Mobil Corporation | +0.1% | +405.00% | 加仓 |
| 32 | KBAB | KraneShares 2x Long BABA Daily ETF | +0.1% | +87.94% | 加仓 |
| 33 | TSM | Taiwan Semiconductor Manufacturing Company Limited | +0.1% | +20.29% | 加仓 |
| 34 | MRK | Merck & Co. Inc. | +0.1% | -54.48% | 加仓 |
| 35 | PLTR | Palantir Technologies Inc-a | +0.1% | +144.54% | 加仓 |
| 36 | V | Visa Inc-class A Shares | +0.1% | -64.71% | 加仓 |
| 37 | ✓ | Trump Media & Technology Gro | +0.1% | +99.67% | 加仓 |
| 38 | MU | Micron Technology, Inc. | +0.1% | -33.83% | 加仓 |
| 39 | MPC | Marathon Petroleum Corporation | +0.1% | +4400.00% | 加仓 |
| 40 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +1456.96% | 加仓 |
| 41 | BA | Boeing Co/the | 0% | +38.32% | 加仓 |
| 42 | NKE | Nike Inc -cl B | 0% | -11.14% | 加仓 |
| 43 | MPC | Marathon Petroleum Corporation | 0% | +806.00% | 加仓 |
| 44 | ZSQR | Z Squared Inc. | 0% | +50.00% | 加仓 |
| 45 | NIO | NIO Inc. | 0% | — | 加仓 |
| 46 | XLU | St Sr Utl Sl Se Spdr Etf-usd | 0% | — | 加仓 |
| 47 | GDX | Vaneck Gold Miners ETF | 0% | -67.13% | 加仓 |
| 48 | OPEN | Opendoor Technologies Inc | 0% | +237.14% | 加仓 |
| 49 | KRE | Ss Spdr S&p Regional Bank | 0% | -2.80% | 加仓 |
| 50 | C | Citigroup Inc. | 0% | -75.56% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Marathon Trading Investment Management LLC 在 Q3 2025 季度的美股持仓总市值约为 US$32.3亿，共申报了 307 个公开持股仓位。
在 Q3 2025 季度，Marathon Trading Investment Management LLC 按市值排列的前三大核心持股分别为：SLV (15.3%)、SLV (13.8%)、TSLA (7.7%)。其中最大持股仓位 SLV 占据整体投资组合约 15.3% 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
SLV
市值: US$2.0亿
本季最大获利了结 / 清仓标的
XLB 240119C00090000
前期市值: US$1365.3万
在 Q3 2025 季度中，Marathon Trading Investment Management LLC 共进行了 200 项持仓异动，包含新建仓 42 个仓位、加仓 74 个仓位、减仓 35 个仓位以及清仓 49 个仓位。 其中最大新建仓标的为 SLV。 本季清仓仓位包含 XLB 240119C00090000。
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。