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: 0001831133
申报总市值
US$3.2亿
US$3.2亿
41 檔
34.2%
Montanaro Asset Management Ltd 在 Q3 2025 季度的美股仓位总计估值为 US$3.2亿，分散于 41 个持仓标的之中，反映其市场参与广度与投资规模。
Montanaro Asset Management Ltd 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 3 个全新仓位及加仓 18 档持股的同时，亦同步清仓 8 档并减仓 16 档标的。
在资产配置集中度方面，Montanaro Asset Management Ltd 的前 5 大核心持股（包含 BSY, NVMI, TYL 等）合计占整体申报市值的 34.2%，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 | BSY | Bentley Systems Inc-class B | 股票-科技 | 5.93% | -0.61% | +5.49% | |
| 2 | NVMI | Nova Ltd. | 股票-其他 | 5.88% | -0.36% | +2.58% | |
| 3 | TYL | Tyler Technologies Inc | 股票-科技 | 5.30% | -2.80% | EXIT | |
| 4 | TECH | Bio-techne CORP | 股票-医疗保健 | 5.03% | -2.52% | +22.75% | |
| 5 | LRN | Stride Inc | 股票-非周期性消费 | 4.92% | -0.66% | +10.17% | |
| 6 | MANH | Manhattan Associates Inc | 股票-科技 | 4.72% | -0.18% | +29.69% | |
| 7 | HLI | Houlihan Lokey Inc | 股票-金融 | 4.56% | -0.71% | +9.88% | |
| 8 | ROL | Rollins Inc | 股票-周期性消费 | 4.36% | -1.25% | +12.08% | |
| 9 | TREX | Trex Company Inc | 股票-工业 | 4.16% | — | +7.32% | |
| 10 | TMDX | Transmedics Group Inc | 股票-医疗保健 | 3.66% | -2.34% | EXIT | |
| 11 | AWK | American Water Works Co Inc | 股票-公用事业 | 3.39% | -0.17% | +12.71% | |
| 12 | PAYC | Paycom Software Inc | 股票-科技 | 3.30% | — | +10.43% | |
| 13 | FN | Fabrinet | 股票-科技 | 3.01% | -1.35% | — | |
| 14 | VEEV | Veeva Systems Inc-class A | 股票-医疗保健 | 2.99% | +0.52% | +12.29% | |
| 15 | BCPC | Balchem CORP | 股票-原材料 | 2.95% | -0.34% | +5.78% | |
| 16 | HWKN | Hawkins Inc | 股票-其他 | 2.70% | -1.41% | — | |
| 17 | SITM | Sitime CORP | 股票-科技 | 2.63% | +1.18% | -22.22% | |
| 18 | CSW | Csw Industrials Inc | 股票-工业 | 2.42% | -0.31% | — | |
| 19 | ALRM | Alarm.com Holdings Inc | 股票-其他 | 2.18% | -0.19% | -7.49% | |
| 20 | EXPO | Exponent Inc | 股票-工业 | 2.11% | -0.42% | — | |
| 21 | MSCI | Msci Inc | 股票-金融 | 2.03% | -0.58% | +12.55% | |
| 22 | FCN | Fti Consulting Inc | 股票-工业 | 2.02% | -2.64% | EXIT | |
| 23 | GGG | Graco Inc | 股票-工业 | 1.91% | -1.59% | — | |
| 24 | TW | Tradeweb Markets Inc-class A | 股票-金融 | 1.80% | -0.63% | +23.81% | |
| 25 | BRKR | Bruker CORP | 股票-医疗保健 | 1.79% | — | -29.00% | |
| 26 | EGP | Eastgroup Properties Inc | 股票-房地产 | 1.56% | +0.87% | — | |
| 27 | FSS | Federal Signal CORP | 股票-工业 | 1.23% | +0.98% | -5.92% | |
| 28 | FORM | Formfactor Inc | 股票-科技 | 1.14% | — | — | |
| 29 | STVN | Stevanato Group S.p.A. | 股票-其他 | 1.13% | +0.08% | — | |
| 30 | ENTG | Entegris Inc | 股票-科技 | 1.12% | +0.50% | -18.18% | |
| 31 | BRBR | Bellring Brands Inc | 股票-非周期性消费 | 1.00% | -0.67% | EXIT | |
| 32 | MIR | Mirion Technologies Inc | 股票-工业 | 1.00% | +0.67% | — | |
| 33 | WMS | Advanced Drainage Systems In | 股票-工业 | 0.92% | +0.45% | -29.63% | |
| 34 | ERII | Energy Recovery Inc | 股票-其他 | 0.79% | — | — | |
| 35 | HQY | Healthequity Inc | 股票-医疗保健 | 0.78% | +0.08% | +17.08% | |
| 36 | CGNX | Cognex CORP | 股票-科技 | 0.75% | — | -39.83% | |
| 37 | TRNS | Transcat Inc | 股票-其他 | 0.73% | +0.06% | — | |
| 38 | DOCS | Doximity Inc-class A | 股票-医疗保健 | 0.59% | -0.32% | EXIT | |
| 39 | BMI | Badger Meter Inc | 股票-科技 | 0.54% | +0.15% | -31.82% | |
| 40 | OLED | Universal Display CORP | 股票-科技 | 0.50% | — | — | |
| 41 | MASI* | Masimo CORP | 股票-其他 | 0.48% | — | -43.31% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVMI | Nova Ltd. | +2.4% | +2.58% | 加仓 |
| 2 | BSY | Bentley Systems Inc-class B | +2.4% | +5.49% | 加仓 |
| 3 | HWKN | Hawkins Inc | +2.2% | — | 加仓 |
| 4 | PAYC | Paycom Software Inc | +2.1% | +10.43% | 加仓 |
| 5 | MANH | Manhattan Associates Inc | +1.6% | +29.69% | 加仓 |
| 6 | FN | Fabrinet | +1% | — | 减仓 |
| 7 | FSS | Federal Signal CORP | +0.8% | -5.92% | 加仓 |
| 8 | HLI | Houlihan Lokey Inc | +0.8% | +9.88% | 加仓 |
| 9 | TMDX | Transmedics Group Inc | +0.6% | +3.69% | 减仓 |
| 10 | TECH | Bio-techne CORP | +0.6% | +22.75% | 加仓 |
| 11 | SITM | Sitime CORP | +0.6% | -22.22% | 减仓 |
| 12 | HQY | Healthequity Inc | +0.4% | +17.08% | 加仓 |
| 13 | VEEV | Veeva Systems Inc-class A | +0.3% | +12.29% | 减仓 |
| 14 | ROL | Rollins Inc | +0.2% | +12.08% | 加仓 |
| 15 | FORM | Formfactor Inc | +0.2% | — | 加仓 |
| 16 | STVN | Stevanato Group S.p.A. | +0.1% | — | 不变 |
| 17 | MSCI | Msci Inc | 0% | +12.55% | 加仓 |
| 18 | TRNS | Transcat Inc | -0.1% | — | 不变 |
| 19 | FCN | Fti Consulting Inc | -0.2% | — | 加仓 |
| 20 | OLED | Universal Display CORP | -0.2% | — | 减仓 |
| 21 | ERII | Energy Recovery Inc | -0.2% | — | 减仓 |
| 22 | TW | Tradeweb Markets Inc-class A | -0.3% | +23.81% | 加仓 |
| 23 | WMS | Advanced Drainage Systems In | -0.3% | -29.63% | 减仓 |
| 24 | GGG | Graco Inc | -0.3% | — | 不变 |
| 25 | LRN | Stride Inc | -0.3% | +10.17% | 减仓 |
| 26 | ENTG | Entegris Inc | -0.3% | -18.18% | 减仓 |
| 27 | AWK | American Water Works Co Inc | -0.4% | +12.71% | 加仓 |
| 28 | CGNX | Cognex CORP | -0.5% | -39.83% | 减仓 |
| 29 | CSW | Csw Industrials Inc | -0.6% | — | 加仓 |
| 30 | BMI | Badger Meter Inc | -0.6% | -31.82% | 减仓 |
| 31 | ALRM | Alarm.com Holdings Inc | -0.7% | -7.49% | 减仓 |
| 32 | BCPC | Balchem CORP | -0.7% | +5.78% | 加仓 |
| 33 | TREX | Trex Company Inc | -0.8% | +7.32% | 加仓 |
| 34 | EXPO | Exponent Inc | -0.8% | — | 减仓 |
| 35 | MASI* | Masimo CORP | -1.1% | -43.31% | 减仓 |
| 36 | BRBR | Bellring Brands Inc | -1.4% | — | 不变 |
| 37 | TYL | Tyler Technologies Inc | -1.8% | +6.57% | 减仓 |
| 38 | BRKR | Bruker CORP | -2.1% | -29.00% | 减仓 |
| 39 | AKX | Ansys Inc | — | EXIT | 清仓 |
| 40 | PCTY | Paylocity Holding CORP | — | EXIT | 清仓 |
| 41 | EGP | Eastgroup Properties Inc | — | NEW | 新建仓 |
| 42 | MIR | Mirion Technologies Inc | — | NEW | 新建仓 |
| 43 | DOCS | Doximity Inc-class A | — | NEW | 新建仓 |
| 44 | POWI | Power Integrations Inc | — | EXIT | 清仓 |
| 45 | AXON | Axon Enterprise Inc | — | EXIT | 清仓 |
| 46 | GLOB | Globant S.A. | — | EXIT | 清仓 |
| 47 | P | Everpure Inc-a | — | EXIT | 清仓 |
| 48 | ZS | Zscaler Inc | — | EXIT | 清仓 |
| 49 | AEHR | Aehr Test Systems | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Montanaro Asset Management Ltd 在 Q3 2025 季度的美股持仓总市值约为 US$3.2亿，共申报了 41 个公开持股仓位。
在 Q3 2025 季度，Montanaro Asset Management Ltd 按市值排列的前三大核心持股分别为：BSY (5.9%)、NVMI (5.9%)、TYL (5.3%)。其中最大持股仓位 BSY 占据整体投资组合约 5.9% 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
EGP
市值: US$626.3万
本季最大获利了结 / 清仓标的
AKX
前期市值: US$1082.8万
在 Q3 2025 季度中，Montanaro Asset Management Ltd 共进行了 45 项持仓异动，包含新建仓 3 个仓位、加仓 18 个仓位、减仓 16 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 EGP。 本季清仓仓位包含 AKX。
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。
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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。