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: 0001273087
申报总市值
US$2762.9亿
US$2762.9亿
4244 檔
15.3%
截至 Q3 2025 季度末，Millennium Management LLC 的美股持仓估值约为 US$2762.9亿，全数申报仓位共有 4244 档。
在 Q3 2025，Millennium Management LLC 操作展现出积极扩展与加仓意向。本季共新建仓 8 个新仓位，并对 118 个既有持股进行加仓（合计增持 126 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Millennium Management LLC 的前 5 大核心持股（包含 IWM, NVDA, QQQ 等）合计占整体申报市值的 15.3%，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 4244 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 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 4.74% | -0.20% | +36.51% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 4.60% | +0.25% | +23.06% | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 3.69% | +0.23% | -1.20% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 2.75% | -0.13% | +4.87% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 2.31% | -0.42% | +50.88% | |
| 6 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 2.14% | +0.40% | +19.38% | |
| 7 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.76% | +0.03% | -12.06% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.62% | -0.40% | +9.23% | |
| 9 | TSLA | Tesla Inc | 股票-周期性消费 | 1.22% | -0.36% | +1.76% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.07% | -0.20% | -1.06% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 0.96% | -0.09% | +20.81% | |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.93% | +2.43% | -61.32% | |
| 13 | XLF | Ss Financial Select Sector | ETF-其他 | 0.91% | -0.50% | +42.87% | |
| 14 | EEM | Ishares Msci Emerging Market | ETF-新兴市场 | 0.89% | -0.04% | +34.03% | |
| 15 | HYG | Ishr Ibx Usd Hiyld Cb Etf-ui | ETF-非投资级债 | 0.81% | -0.14% | +52.26% | |
| 16 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.70% | -0.13% | +15.25% | |
| 17 | XLE | Ss Energy Select Sector | ETF-其他 | 0.70% | -0.17% | +87.21% | |
| 18 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 0.62% | -0.19% | +0.76% | |
| 19 | NFLX | Netflix Inc | 股票-通信服务 | 0.56% | -0.18% | -11.65% | |
| 20 | AMD | Advanced Micro Devices | 股票-科技 | 0.53% | +0.88% | -30.35% | |
| 21 | DIA | Ss Spdr Dow Jones Indus Avg | ETF-大型股与成长 | 0.47% | +0.25% | +23.94% | |
| 22 | ETHA | Ishares Ethereum Trust ETF | ETF-其他 | 0.46% | -0.11% | +494.94% | |
| 23 | MS | Morgan Stanley | 股票-金融 | 0.42% | -0.23% | +105.91% | |
| 24 | BAC | Bank Of America CORP | 股票-金融 | 0.42% | -0.26% | -7.64% | |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.41% | -0.06% | +91.89% | |
| 26 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.40% | -0.03% | -4.34% | |
| 27 | V | Visa Inc-class A Shares | 股票-金融 | 0.36% | -0.06% | +52.19% | |
| 28 | XOM | Exxon Mobil CORP | 股票-能源 | 0.36% | -0.57% | +41.54% | |
| 29 | XLY | Ss Consumer Disc Select Sect | ETF-其他 | 0.35% | -0.07% | +75.42% | |
| 30 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.35% | -0.05% | +70.38% | |
| 31 | NSC | Norfolk Southern CORP | 股票-工业 | 0.34% | +0.04% | +462.81% | |
| 32 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.34% | -0.06% | -49.73% | |
| 33 | CVX | Chevron CORP | 股票-能源 | 0.34% | -0.05% | +51.45% | |
| 34 | MA | Mastercard Inc - A | 股票-金融 | 0.33% | -0.13% | -18.58% | |
| 35 | FBTC | Fidelity Wise Origin Bitcoin | ETF-加密货币 | 0.32% | -0.05% | +5.90% | |
| 36 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.31% | +0.06% | -3.14% | |
| 37 | FXI | Ishares China Large-cap ETF | ETF-新兴市场 | 0.30% | -0.04% | -30.86% | |
| 38 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.30% | +0.02% | +49.42% | |
| 39 | IBM | Intl Business Machines CORP | 股票-科技 | 0.29% | +0.07% | +91.72% | |
| 40 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.29% | -0.01% | -20.89% | |
| 41 | BA | Boeing Co/the | 股票-工业 | 0.28% | -0.07% | -23.62% | |
| 42 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.28% | -0.01% | +213.62% | |
| 43 | CMA | Comerica Inc | 股票-其他 | 0.27% | — | +55.43% | |
| 44 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.27% | +0.04% | +248.10% | |
| 45 | CRM | Salesforce Inc | 股票-科技 | 0.26% | +0.06% | +21.18% | |
| 46 | TLT | Ishares 20+ Year Treasury Bd | ETF-政府公债 | 0.25% | +0.31% | +66.44% | |
| 47 | CVS | Cvs Health CORP | 股票-医疗保健 | 0.25% | +0.04% | +36.64% | |
| 48 | HD | Home Depot Inc | 股票-周期性消费 | 0.25% | -0.13% | +40.37% | |
| 49 | WDC 3 11-15-28债券 | Western Digital CORP | 债券 | 0.25% | -0.26% | +10.97% | |
| 50 | XLK | Ss Technology Select Sector | ETF-科技型 | 0.25% | +0.04% | -21.05% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.9% | +23.06% | 加仓 |
| 2 | MSFT | Microsoft CORP | +0.8% | +4.87% | 加仓 |
| 3 | IWM | Ishares Russell 2000 ETF | +0.8% | +36.51% | 加仓 |
| 4 | EEM | Ishares Msci Emerging Market | +0.5% | +34.03% | 加仓 |
| 5 | AAPL | Apple Inc | +0.4% | +50.88% | 加仓 |
| 6 | QQQ | Invesco Qqq Trust Series 1 | +0.4% | -1.20% | 加仓 |
| 7 | NSC | Norfolk Southern CORP | +0.3% | +462.81% | 加仓 |
| 8 | XLF | Ss Financial Select Sector | +0.3% | +42.87% | 加仓 |
| 9 | GOOG | Alphabet Inc-cl C | +0.2% | +15.25% | 加仓 |
| 10 | WDC 3 11-15-28债券 | Western Digital CORP | +0.2% | +10.97% | 加仓 |
| 11 | DIA | Ss Spdr Dow Jones Indus Avg | +0.2% | +23.94% | 加仓 |
| 12 | GS | Goldman Sachs Group Inc | +0.2% | +248.10% | 加仓 |
| 13 | IBIT | Ishares Bitcoin Trust ETF | +0.2% | +0.76% | 加仓 |
| 14 | FCX | Freeport-mcmoran Inc | +0.2% | +213.62% | 加仓 |
| 15 | PLTR | Palantir Technologies Inc-a | +0.2% | -49.73% | 加仓 |
| 16 | ✓ | Cyberark Software LTD. Cmn | +0.2% | +257.51% | 加仓 |
| 17 | NVT | nVent Electric plc | +0.2% | +39.35% | 加仓 |
| 18 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | +0.2% | -20.25% | 加仓 |
| 19 | IVZ | Invesco Ltd. | +0.2% | +585.14% | 加仓 |
| 20 | EFA | Ishares Msci Eafe ETF | +0.1% | +49.42% | 加仓 |
| 21 | XLE | Ss Energy Select Sector | +0.1% | +87.21% | 加仓 |
| 22 | NBIS | Nebius Group N.V. | +0.1% | +258.22% | 加仓 |
| 23 | NTRS | Northern Trust CORP | +0.1% | +83.68% | 加仓 |
| 24 | LPLA | Lpl Financial Holdings Inc | +0.1% | +1072.50% | 加仓 |
| 25 | PKG | Packaging CORP Of America | +0.1% | +223.60% | 加仓 |
| 26 | CMA | Comerica Inc | +0.1% | +55.43% | 加仓 |
| 27 | TLT | Ishares 20+ Year Treasury Bd | +0.1% | +66.44% | 加仓 |
| 28 | MCD | Mcdonald's CORP | +0.1% | +60.43% | 加仓 |
| 29 | BE 3 06-01-28债券 | Bloom Energy CORP | +0.1% | +46.64% | 加仓 |
| 30 | 07WA | Mr Cooper Group Inc | +0.1% | +4.57% | 加仓 |
| 31 | INSM | Insmed Inc | +0.1% | +9.69% | 加仓 |
| 32 | NEM | Newmont CORP | +0.1% | +140.63% | 加仓 |
| 33 | SYY | Sysco CORP | +0.1% | +335.72% | 加仓 |
| 34 | HO1 | Hologic Inc | +0.1% | +267.77% | 加仓 |
| 35 | RJF | Raymond James Financial Inc | +0.1% | +1271.14% | 加仓 |
| 36 | APH | Amphenol Corp-cl A | +0.1% | -23.59% | 加仓 |
| 37 | HUBS | Hubspot Inc | +0.1% | +150.59% | 加仓 |
| 38 | CVX | Chevron CORP | +0.1% | +51.45% | 加仓 |
| 39 | IBM | Intl Business Machines CORP | +0.1% | +91.72% | 加仓 |
| 40 | SOXX | Ishares Semiconductor ETF | +0.1% | +429.16% | 加仓 |
| 41 | KWEB | Kranesh Csi China Internet | +0.1% | +307.44% | 加仓 |
| 42 | TEL | TE Connectivity plc | +0.1% | +76.28% | 加仓 |
| 43 | XLY | Ss Consumer Disc Select Sect | +0.1% | +75.42% | 加仓 |
| 44 | V | Visa Inc-class A Shares | +0.1% | +52.19% | 加仓 |
| 45 | GM | General Motors Co | +0.1% | +43.00% | 加仓 |
| 46 | FSLR | First Solar Inc | +0.1% | -20.43% | 加仓 |
| 47 | MPC | Marathon Petroleum CORP | +0.1% | +401.49% | 加仓 |
| 48 | MUSA | Murphy USA Inc | +0.1% | -12.99% | 加仓 |
| 49 | STX | Seagate Technology Holdings plc | +0.1% | +19.13% | 加仓 |
| 50 | ARES | Ares Management CORP - A | +0.1% | +423.15% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Millennium Management LLC 在 Q3 2025 季度的美股持仓总市值约为 US$2762.9亿，共申报了 4244 个公开持股仓位。
在 Q3 2025 季度，Millennium Management LLC 按市值排列的前三大核心持股分别为：IWM (4.7%)、NVDA (4.6%)、QQQ (3.7%)。其中最大持股仓位 IWM 占据整体投资组合约 4.7% 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
ETHA
市值: US$10.9亿
本季最大获利了结 / 清仓标的
HES
前期市值: US$3.8亿
在 Q3 2025 季度中，Millennium Management LLC 共进行了 200 项持仓异动，包含新建仓 8 个仓位、加仓 118 个仓位、减仓 66 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 ETHA。 本季清仓仓位包含 HES。
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。