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: 0001538449
申报总市值
US$147.1亿
US$147.1亿
125 檔
32.6%
根据最新整理的 13F 季度数据集，Mawer Investment Management Ltd. 于 Q4 2025 结束时的管理资产规模为 US$147.1亿。该机构在本季度申报了 125 档美股持仓，呈现出该时期的主要投资地图。
在 Q4 2025，Mawer Investment Management Ltd. 展现出较为审慎的避险与获利了结姿态。本季共减仓 32 个仓位并完全清仓 5 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，Mawer Investment Management Ltd. 的前 5 大核心持股（包含 MSFT, GOOG, AMZN 等）合计占整体申报市值的 32.6%，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 | MSFT | Microsoft CORP | 股票-科技 | 7.12% | -1.29% | -0.81% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 6.45% | +0.37% | -12.72% | |
| 3 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.26% | -0.01% | -9.27% | |
| 4 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 4.06% | -1.78% | -14.59% | |
| 5 | V | Visa Inc-class A Shares | 股票-金融 | 4.00% | +0.25% | -13.50% | |
| 6 | APH | Amphenol Corp-cl A | 股票-科技 | 3.85% | -0.43% | -13.96% | |
| 7 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 3.37% | -0.65% | -21.66% | |
| 8 | SHEL | Shell Plc-adr | 股票-能源 | 3.32% | -0.07% | +79.42% | |
| 9 | AON | Aon plc | 股票-金融 | 2.92% | -0.03% | -40.85% | |
| 10 | WAT | Waters CORP | 股票-医疗保健 | 2.76% | +0.39% | -16.26% | |
| 11 | NOC | Northrop Grumman CORP | 股票-工业 | 2.70% | -0.71% | -12.30% | |
| 12 | AER | AerCap Holdings N.V. | 股票-工业 | 2.64% | +0.02% | +56.32% | |
| 13 | WFC | Wells Fargo & Co | 股票-金融 | 2.55% | -0.05% | +177.73% | |
| 14 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.54% | -0.18% | +0.21% | |
| 15 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 2.48% | -0.26% | -17.44% | |
| 16 | FCN | Fti Consulting Inc | 股票-工业 | 2.21% | -0.75% | -31.08% | |
| 17 | ICE | Intercontinental Exchange In | 股票-金融 | 2.21% | -0.42% | -1.68% | |
| 18 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.83% | -0.06% | -13.51% | |
| 19 | CME | Cme Group Inc | 股票-金融 | 1.74% | -0.53% | -24.11% | |
| 20 | MA | Mastercard Inc - A | 股票-金融 | 1.48% | +0.06% | -9.57% | |
| 21 | ATR | Aptargroup Inc | 股票-医疗保健 | 1.41% | -0.38% | -25.44% | |
| 22 | CDW | Cdw Corp/de | 股票-科技 | 1.36% | +0.09% | -24.30% | |
| 23 | MEDP | Medpace Holdings Inc | 股票-医疗保健 | 1.28% | -0.43% | -37.03% | |
| 24 | COR | Cencora Inc | 股票-医疗保健 | 1.17% | +0.76% | -4.98% | |
| 25 | OSIS | Osi Systems Inc | 股票-科技 | 1.15% | -1.14% | EXIT | |
| 26 | UBER | Uber Technologies Inc | 股票-工业 | 1.15% | -0.06% | +230.99% | |
| 27 | CPAY | Corpay Inc | 股票-科技 | 1.06% | -0.14% | -15.11% | |
| 28 | FERG | Ferguson Enterprises Inc | 股票-工业 | 1.06% | -0.78% | -7.07% | |
| 29 | DE | Deere & Co | 股票-工业 | 1.00% | — | -23.85% | |
| 30 | MLM | Martin Marietta Materials | 股票-原材料 | 0.92% | -0.02% | -5.17% | |
| 31 | AJG | Arthur J Gallagher & Co | 股票-金融 | 0.89% | -0.02% | -5.15% | |
| 32 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.87% | -0.10% | -0.82% | |
| 33 | SO | Southern Co/the | 股票-公用事业 | 0.86% | -0.17% | +121.45% | |
| 34 | SII | Sprott Inc | 股票-其他 | 0.83% | -0.24% | +19.31% | |
| 35 | TME | Tencent Music Entertainm-adr | 股票-通信服务 | 0.77% | -0.08% | -6.85% | |
| 36 | BWXT | Bwx Technologies Inc | 股票-工业 | 0.75% | -0.06% | -3.48% | |
| 37 | CACI | Caci International Inc -cl A | 股票-科技 | 0.74% | -0.08% | -2.47% | |
| 38 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.72% | -0.02% | -5.66% | |
| 39 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.68% | -0.41% | -26.48% | |
| 40 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.65% | +0.03% | +7.37% | |
| 41 | AEP | American Electric Power | 股票-公用事业 | 0.63% | +0.99% | -5.64% | |
| 42 | SPGI | S&p Global Inc | 股票-金融 | 0.60% | +0.13% | +22.51% | |
| 43 | BDX | Becton Dickinson And Co | 股票-医疗保健 | 0.59% | -0.12% | -49.05% | |
| 44 | ACN | Accenture plc | 股票-科技 | 0.53% | — | -25.36% | |
| 45 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.51% | +0.03% | +19.92% | |
| 46 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.48% | -0.01% | +3.54% | |
| 47 | DHR | Danaher CORP | 股票-医疗保健 | 0.48% | -0.01% | -5.99% | |
| 48 | ESQ | Esquire Financial Holdings I | 股票-其他 | 0.46% | -0.03% | +3.05% | |
| 49 | TXN | Texas Instruments Inc | 股票-科技 | 0.44% | +0.36% | -0.43% | |
| 50 | NTES | Netease Inc-adr | 股票-通信服务 | 0.43% | -0.38% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | WFC | Wells Fargo & Co | +1.8% | +177.73% | 加仓 |
| 2 | SHEL | Shell Plc-adr | +1.7% | +79.42% | 加仓 |
| 3 | AER | AerCap Holdings N.V. | +1.3% | +56.32% | 加仓 |
| 4 | GOOG | Alphabet Inc-cl C | +1.1% | -12.72% | 减仓 |
| 5 | UBER | Uber Technologies Inc | +0.8% | +230.99% | 加仓 |
| 6 | SO | Southern Co/the | +0.5% | +121.45% | 加仓 |
| 7 | NU | Nu Holdings Ltd. | +0.4% | +577.96% | 加仓 |
| 8 | WAT | Waters CORP | +0.4% | -16.26% | 减仓 |
| 9 | NVDA | Nvidia CORP | +0.3% | +527.40% | 加仓 |
| 10 | SII | Sprott Inc | +0.3% | +19.31% | 加仓 |
| 11 | SPGI | S&p Global Inc | +0.2% | +22.51% | 加仓 |
| 12 | ABNB | Airbnb Inc-class A | +0.2% | +19.92% | 加仓 |
| 13 | AMZN | Amazon.com Inc | +0.2% | -9.27% | 减仓 |
| 14 | APH | Amphenol Corp-cl A | +0.1% | -13.96% | 减仓 |
| 15 | ICE | Intercontinental Exchange In | +0.1% | -1.68% | 减仓 |
| 16 | MSFT | Microsoft CORP | — | -0.81% | 减仓 |
| 17 | MA | Mastercard Inc - A | 0% | -9.57% | 减仓 |
| 18 | PG | Procter & Gamble Co/the | 0% | -5.66% | 减仓 |
| 19 | CPAY | Corpay Inc | -0.1% | -15.11% | 减仓 |
| 20 | META | Meta Platforms Inc-class A | -0.1% | +0.21% | 加仓 |
| 21 | ACN | Accenture plc | -0.1% | -25.36% | 减仓 |
| 22 | CGNX | Cognex CORP | -0.1% | -10.89% | 减仓 |
| 23 | JPM | Jpmorgan Chase & Co | -0.1% | -13.51% | 减仓 |
| 24 | SHW | Sherwin-williams Co/the | -0.1% | -33.12% | 减仓 |
| 25 | AJG | Arthur J Gallagher & Co | -0.2% | -5.15% | 减仓 |
| 26 | V | Visa Inc-class A Shares | -0.2% | -13.50% | 减仓 |
| 27 | VVV | Valvoline Inc | -0.2% | -31.56% | 减仓 |
| 28 | DE | Deere & Co | -0.2% | -23.85% | 减仓 |
| 29 | TME | Tencent Music Entertainm-adr | -0.3% | -6.85% | 减仓 |
| 30 | VZ | Verizon Communications Inc | -0.3% | -26.48% | 减仓 |
| 31 | BRK-A | Berkshire Hathaway Inc-cl A | -0.3% | -17.44% | 减仓 |
| 32 | KSPI | Jsc Kaspi.kz Adr | -0.3% | -90.74% | 减仓 |
| 33 | NOC | Northrop Grumman CORP | -0.4% | -12.30% | 减仓 |
| 34 | CME | Cme Group Inc | -0.4% | -24.11% | 减仓 |
| 35 | NSP | Insperity Inc | -0.4% | -54.25% | 减仓 |
| 36 | MEDP | Medpace Holdings Inc | -0.5% | -37.03% | 减仓 |
| 37 | BDX | Becton Dickinson And Co | -0.5% | -49.05% | 减仓 |
| 38 | ATR | Aptargroup Inc | -0.5% | -25.44% | 减仓 |
| 39 | CDW | Cdw Corp/de | -0.6% | -24.30% | 减仓 |
| 40 | FCN | Fti Consulting Inc | -0.6% | -31.08% | 减仓 |
| 41 | BKNG | Booking Holdings Inc | -0.7% | -21.66% | 减仓 |
| 42 | MRSH | Marsh & Mclennan Cos | -0.7% | -14.59% | 减仓 |
| 43 | AON | Aon plc | -1.7% | -40.85% | 减仓 |
| 44 | POOL | Pool CORP | — | EXIT | 清仓 |
| 45 | PAYX | Paychex Inc | — | EXIT | 清仓 |
| 46 | STT | State Street CORP | — | EXIT | 清仓 |
| 47 | ARM | Arm Holdings Plc-adr | — | EXIT | 清仓 |
| 48 | YUMC | Yum China Holdings Inc | — | EXIT | 清仓 |
| 49 | KKR | Kkr & Co Inc | — | NEW | 新建仓 |
| 50 | ATAT | Atour Lifestyle Holdings-adr | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Mawer Investment Management Ltd. 在 Q4 2025 季度的美股持仓总市值约为 US$147.1亿，共申报了 125 个公开持股仓位。
在 Q4 2025 季度，Mawer Investment Management Ltd. 按市值排列的前三大核心持股分别为：MSFT (7.1%)、GOOG (6.5%)、AMZN (5.3%)。其中最大持股仓位 MSFT 占据整体投资组合约 7.1% 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
KKR
市值: US$2629.2万
本季最大获利了结 / 清仓标的
POOL
前期市值: US$1.3亿
在 Q4 2025 季度中，Mawer Investment Management Ltd. 共进行了 50 项持仓异动，包含新建仓 2 个仓位、加仓 11 个仓位、减仓 32 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 KKR。 本季清仓仓位包含 POOL。
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。