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: 0001028074
申报总市值
US$2.9亿
US$2.9亿
40 檔
71.0%
根据最新整理的 13F 季度数据集，Matthews International Capital Management LLC 于 Q2 2025 结束时的管理资产规模为 US$2.9亿。该机构在本季度申报了 40 档美股持仓，呈现出该时期的主要投资地图。
在 Q2 2025，Matthews International Capital Management LLC 展现出较为审慎的避险与获利了结姿态。本季共减仓 22 个仓位并完全清仓 4 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，Matthews International Capital Management LLC 的前 5 大核心持股（包含 PDD, SE, LEGN 等）合计占整体申报市值的 71.0%，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 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 12.04% | -4.81% | -20.94% | |
| 2 | SE | Sea Ltd-adr | 股票-通信服务 | 11.75% | -0.96% | EXIT | |
| 3 | LEGN | Legend Biotech Corp-adr | 股票-其他 | 10.56% | +2.28% | +17.35% | |
| 4 | YMM | Full Truck Alliance -spn Adr | 股票-其他 | 8.09% | +1.54% | -16.61% | |
| 5 | TCOM | Trip.com Group Ltd-adr | 股票-周期性消费 | 5.19% | -0.80% | EXIT | |
| 6 | GRAB | Grab Holdings Limited | 股票-科技 | 4.24% | -1.20% | +1.29% | |
| 7 | MMYT | MakeMyTrip Limited | 股票-其他 | 4.14% | — | +35.18% | |
| 8 | BZ | Kanzhun LTD - Adr | 股票-其他 | 3.90% | -0.30% | -11.45% | |
| 9 | TME | Tencent Music Entertainm-adr | 股票-通信服务 | 3.63% | — | +1.30% | |
| 10 | YUMC | Yum China Holdings Inc | 股票-周期性消费 | 3.33% | -5.78% | -31.19% | |
| 11 | BEKE | Ke Holdings Inc-adr | 股票-其他 | 3.32% | — | -21.51% | |
| 12 | ZH | Zhihu Inc. | 股票-其他 | 3.27% | — | -2.14% | |
| 13 | IBN | Icici Bank Ltd-spon Adr | 股票-金融 | 2.98% | -0.96% | -34.33% | |
| 14 | CPNG | Coupang Inc | 股票-周期性消费 | 2.90% | -0.29% | -50.62% | |
| 15 | QFIN | Qfin Holdings Inc-adr | 股票-其他 | 2.72% | +0.57% | +204.79% | |
| 16 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.42% | +1.02% | +3.71% | |
| 17 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 2.10% | -1.22% | -54.62% | |
| 18 | NTES | Netease Inc-adr | 股票-通信服务 | 1.77% | — | +33.32% | |
| 19 | ITUB | Itau Unibanco H-spon Prf Adr | 股票-金融 | 1.76% | +0.51% | +11.16% | |
| 20 | ATAT | Atour Lifestyle Holdings-adr | 股票-其他 | 1.47% | +0.54% | -10.30% | |
| 21 | ACMR | Acm Research Inc-class A | 股票-其他 | 1.32% | +3.54% | -10.85% | |
| 22 | MELI | Mercadolibre Inc | 股票-周期性消费 | 1.01% | — | +13.66% | |
| 23 | MU | Micron Technology Inc | 股票-科技 | 0.90% | +2.72% | -27.77% | |
| 24 | FMX | Fomento Economico Mex-sp Adr | 股票-其他 | 0.80% | -0.04% | — | |
| 25 | FUTU | Futu Holdings Ltd-adr | 股票-金融 | 0.65% | -3.81% | EXIT | |
| 26 | INFY | Infosys Ltd-sp Adr | 股票-科技 | 0.63% | — | -57.02% | |
| 27 | ZTO 1.5 09-01-27债券 | Zto Express Ky Inc | 债券 | 0.50% | — | — | |
| 28 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 0.49% | — | — | |
| 29 | LRCXEUR | Lam Research CORP | 股票-科技 | 0.47% | +0.57% | -42.17% | |
| 30 | TUYA | Tuya Inc | 股票-其他 | 0.37% | — | — | |
| 31 | NU | Nu Holdings Ltd. | 股票-金融 | 0.33% | -0.64% | -62.99% | |
| 32 | CHA | Chagee Holdings Ltd-adr | 股票-其他 | 0.32% | — | — | |
| 33 | JD | Jd.com Inc-adr | 股票-周期性消费 | 0.18% | — | -79.37% | |
| 34 | BVN | Cia De Minas Buenaventur-adr | 股票-其他 | 0.10% | -0.13% | -14.71% | |
| 35 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.08% | +0.05% | -14.77% | |
| 36 | ✓ | Grupo Financiero Galicia | 股票-其他 | 0.07% | -0.61% | — | |
| 37 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 0.07% | -0.82% | -14.74% | |
| 38 | MKOR | Matthews Korea Active ETF | ETF-其他 | 0.06% | +0.02% | — | |
| 39 | ADVE | Matthews Asia Dividend ETF | ETF-其他 | 0.04% | — | — | |
| 40 | SKM | Sk Telecom Co Ltd-spon Adr | 股票-其他 | 0.01% | -0.04% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LEGN | Legend Biotech Corp-adr | +2.8% | +17.35% | 加仓 |
| 2 | QFIN | Qfin Holdings Inc-adr | +1.9% | +204.79% | 加仓 |
| 3 | MMYT | MakeMyTrip Limited | +1.4% | +35.18% | 加仓 |
| 4 | TME | Tencent Music Entertainm-adr | +1.3% | +1.30% | 加仓 |
| 5 | TSM | Taiwan Semiconductor-sp Adr | +0.9% | +3.71% | 加仓 |
| 6 | NTES | Netease Inc-adr | +0.9% | +33.32% | 加仓 |
| 7 | GRAB | Grab Holdings Limited | +0.9% | +1.29% | 加仓 |
| 8 | FMX | Fomento Economico Mex-sp Adr | +0.8% | NEW | 新建仓 |
| 9 | FUTU | Futu Holdings Ltd-adr | +0.7% | NEW | 新建仓 |
| 10 | ITUB | Itau Unibanco H-spon Prf Adr | +0.6% | +11.16% | 加仓 |
| 11 | KSPI | Jsc Kaspi.kz Adr | +0.5% | NEW | 新建仓 |
| 12 | SE | Sea Ltd-adr | +0.4% | -24.03% | 减仓 |
| 13 | MELI | Mercadolibre Inc | +0.4% | +13.66% | 加仓 |
| 14 | TUYA | Tuya Inc | +0.4% | NEW | 新建仓 |
| 15 | CHA | Chagee Holdings Ltd-adr | +0.3% | NEW | 新建仓 |
| 16 | ATAT | Atour Lifestyle Holdings-adr | +0.2% | -10.30% | 减仓 |
| 17 | ACMR | Acm Research Inc-class A | +0.1% | -10.85% | 减仓 |
| 18 | MU | Micron Technology Inc | +0.1% | -27.77% | 减仓 |
| 19 | ✓ | Grupo Financiero Galicia | +0.1% | NEW | 新建仓 |
| 20 | ZH | Zhihu Inc. | +0.1% | -2.14% | 减仓 |
| 21 | ADVE | Matthews Asia Dividend ETF | 0% | NEW | 新建仓 |
| 22 | ZTO 1.5 09-01-27债券 | Zto Express Ky Inc | 0% | — | 不变 |
| 23 | MKOR | Matthews Korea Active ETF | 0% | — | 不变 |
| 24 | BVN | Cia De Minas Buenaventur-adr | — | -14.71% | 减仓 |
| 25 | SKM | Sk Telecom Co Ltd-spon Adr | — | -33.33% | 减仓 |
| 26 | FCX | Freeport-mcmoran Inc | — | -14.77% | 减仓 |
| 27 | PBR | Petroleo Brasileiro-spon Adr | 0% | -14.74% | 减仓 |
| 28 | VALE | Vale Sa-sp Adr | -0.1% | EXIT | 清仓 |
| 29 | LRCXEUR | Lam Research CORP | -0.1% | -42.17% | 减仓 |
| 30 | ✓ | -0.1% | EXIT | 清仓 | |
| 31 | AVGO | Broadcom Inc | -0.3% | EXIT | 清仓 |
| 32 | NU | Nu Holdings Ltd. | -0.3% | -62.99% | 减仓 |
| 33 | BZ | Kanzhun LTD - Adr | -0.4% | -11.45% | 减仓 |
| 34 | BABA | Alibaba Group Holding-sp Adr | -0.6% | EXIT | 清仓 |
| 35 | INFY | Infosys Ltd-sp Adr | -0.7% | -57.02% | 减仓 |
| 36 | TCOM | Trip.com Group Ltd-adr | -0.8% | -15.58% | 减仓 |
| 37 | JD | Jd.com Inc-adr | -0.8% | -79.37% | 减仓 |
| 38 | IBN | Icici Bank Ltd-spon Adr | -0.8% | -34.33% | 减仓 |
| 39 | CPNG | Coupang Inc | -1% | -50.62% | 减仓 |
| 40 | BEKE | Ke Holdings Inc-adr | -1% | -21.51% | 减仓 |
| 41 | YMM | Full Truck Alliance -spn Adr | -1.3% | -16.61% | 减仓 |
| 42 | HDB | Hdfc Bank Ltd-adr | -1.5% | -54.62% | 减仓 |
| 43 | YUMC | Yum China Holdings Inc | -1.7% | -31.19% | 减仓 |
| 44 | PDD | Pdd Holdings Inc | -3.4% | -20.94% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Matthews International Capital Management LLC 在 Q2 2025 季度的美股持仓总市值约为 US$2.9亿，共申报了 40 个公开持股仓位。
在 Q2 2025 季度，Matthews International Capital Management LLC 按市值排列的前三大核心持股分别为：PDD (12.0%)、SE (11.8%)、LEGN (10.6%)。其中最大持股仓位 PDD 占据整体投资组合约 12.0% 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
FMX
市值: US$346.8万
本季最大获利了结 / 清仓标的
BABA
前期市值: US$288.0万
在 Q2 2025 季度中，Matthews International Capital Management LLC 共进行了 42 项持仓异动，包含新建仓 7 个仓位、加仓 9 个仓位、减仓 22 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 FMX。 本季清仓仓位包含 BABA。
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。