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
29.7%
截至 Q4 2025 季度末，Montanaro Asset Management Ltd 的美股持仓估值约为 US$3.2亿，全数申报仓位共有 41 档。
Montanaro Asset Management Ltd 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 2 个全新仓位及加仓 15 档持股的同时，亦同步清仓 2 档并减仓 17 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 NVMI, TECH, ROL 等）合计占整体申报市值的 29.7%，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 | NVMI | Nova Ltd. | 股票-其他 | 5.82% | -0.36% | -13.64% | |
| 2 | TECH | Bio-techne CORP | 股票-医疗保健 | 5.68% | -2.52% | -4.31% | |
| 3 | ROL | Rollins Inc | 股票-周期性消费 | 5.10% | -1.25% | +2.69% | |
| 4 | BSY | Bentley Systems Inc-class B | 股票-科技 | 4.91% | -0.61% | +0.11% | |
| 5 | HLI | Houlihan Lokey Inc | 股票-金融 | 4.74% | -0.71% | +9.72% | |
| 6 | MANH | Manhattan Associates Inc | 股票-科技 | 4.58% | -0.18% | +2.98% | |
| 7 | BCPC | Balchem CORP | 股票-原材料 | 4.33% | -0.34% | +28.72% | |
| 8 | TYL | Tyler Technologies Inc | 股票-科技 | 3.83% | -2.80% | EXIT | |
| 9 | CSW | Csw Industrials Inc | 股票-工业 | 3.78% | -0.31% | +15.50% | |
| 10 | FN | Fabrinet | 股票-科技 | 3.49% | -1.35% | -16.67% | |
| 11 | TMDX | Transmedics Group Inc | 股票-医疗保健 | 3.46% | -2.34% | EXIT | |
| 12 | SITM | Sitime CORP | 股票-科技 | 3.44% | +1.18% | — | |
| 13 | AWK | American Water Works Co Inc | 股票-公用事业 | 3.28% | -0.17% | -7.48% | |
| 14 | TREX | Trex Company Inc | 股票-工业 | 2.96% | — | -6.20% | |
| 15 | HWKN | Hawkins Inc | 股票-其他 | 2.61% | -1.41% | +11.51% | |
| 16 | VEEV | Veeva Systems Inc-class A | 股票-医疗保健 | 2.46% | +0.52% | -1.49% | |
| 17 | ENTG | Entegris Inc | 股票-科技 | 2.46% | +0.50% | +115.43% | |
| 18 | MSCI | Msci Inc | 股票-金融 | 2.42% | -0.58% | +5.57% | |
| 19 | FCN | Fti Consulting Inc | 股票-工业 | 2.38% | -2.64% | EXIT | |
| 20 | EGP | Eastgroup Properties Inc | 股票-房地产 | 2.36% | +0.87% | +28.65% | |
| 21 | EXPO | Exponent Inc | 股票-工业 | 2.33% | -0.42% | -0.90% | |
| 22 | BRKR | Bruker CORP | 股票-医疗保健 | 2.28% | — | -21.35% | |
| 23 | PAYC | Paycom Software Inc | 股票-科技 | 2.24% | — | -20.47% | |
| 24 | ALRM | Alarm.com Holdings Inc | 股票-其他 | 2.13% | -0.19% | -8.64% | |
| 25 | TW | Tradeweb Markets Inc-class A | 股票-金融 | 2.08% | -0.63% | +6.92% | |
| 26 | FSS | Federal Signal CORP | 股票-工业 | 2.07% | +0.98% | +65.86% | |
| 27 | GGG | Graco Inc | 股票-工业 | 2.06% | -1.59% | — | |
| 28 | LRN | Stride Inc | 股票-非周期性消费 | 1.95% | -0.66% | -18.31% | |
| 29 | MIR | Mirion Technologies Inc | 股票-工业 | 1.67% | +0.67% | +48.83% | |
| 30 | STVN | Stevanato Group S.p.A. | 股票-其他 | 0.98% | +0.08% | — | |
| 31 | HQY | Healthequity Inc | 股票-医疗保健 | 0.95% | +0.08% | +13.07% | |
| 32 | BRBR | Bellring Brands Inc | 股票-非周期性消费 | 0.82% | -0.67% | EXIT | |
| 33 | WMS | Advanced Drainage Systems In | 股票-工业 | 0.66% | +0.45% | -38.72% | |
| 34 | TRNS | Transcat Inc | 股票-其他 | 0.63% | +0.06% | — | |
| 35 | BMI | Badger Meter Inc | 股票-科技 | 0.58% | +0.15% | — | |
| 36 | DOCS | Doximity Inc-class A | 股票-医疗保健 | 0.51% | -0.32% | EXIT | |
| 37 | ERII | Energy Recovery Inc | 股票-其他 | 0.48% | — | -37.65% | |
| 38 | CGNX | Cognex CORP | 股票-科技 | 0.42% | — | -36.65% | |
| 39 | OLED | Universal Display CORP | 股票-科技 | 0.42% | — | -7.86% | |
| 40 | UTI | Universal Technical Institut | 股票-其他 | 0.32% | +0.01% | — | |
| 41 | KNSL | Kinsale Capital Group Inc | 股票-金融 | 0.31% | +0.03% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | BCPC | Balchem CORP | +1.4% | +28.72% | 加仓 |
| 2 | CSW | Csw Industrials Inc | +1.4% | +15.50% | 加仓 |
| 3 | ENTG | Entegris Inc | +1.3% | +115.43% | 加仓 |
| 4 | FSS | Federal Signal CORP | +0.8% | +65.86% | 加仓 |
| 5 | SITM | Sitime CORP | +0.8% | — | 不变 |
| 6 | EGP | Eastgroup Properties Inc | +0.8% | +28.65% | 加仓 |
| 7 | ROL | Rollins Inc | +0.7% | +2.69% | 加仓 |
| 8 | MIR | Mirion Technologies Inc | +0.7% | +48.83% | 加仓 |
| 9 | TECH | Bio-techne CORP | +0.7% | -4.31% | 减仓 |
| 10 | BRKR | Bruker CORP | +0.5% | -21.35% | 减仓 |
| 11 | FN | Fabrinet | +0.5% | -16.67% | 减仓 |
| 12 | MSCI | Msci Inc | +0.4% | +5.57% | 加仓 |
| 13 | FCN | Fti Consulting Inc | +0.4% | — | 不变 |
| 14 | TW | Tradeweb Markets Inc-class A | +0.3% | +6.92% | 加仓 |
| 15 | EXPO | Exponent Inc | +0.2% | -0.90% | 减仓 |
| 16 | HLI | Houlihan Lokey Inc | +0.2% | +9.72% | 加仓 |
| 17 | HQY | Healthequity Inc | +0.2% | +13.07% | 加仓 |
| 18 | GGG | Graco Inc | +0.2% | — | 不变 |
| 19 | BMI | Badger Meter Inc | 0% | — | 不变 |
| 20 | ALRM | Alarm.com Holdings Inc | -0.1% | -8.64% | 减仓 |
| 21 | NVMI | Nova Ltd. | -0.1% | -13.64% | 减仓 |
| 22 | DOCS | Doximity Inc-class A | -0.1% | +27.95% | 加仓 |
| 23 | OLED | Universal Display CORP | -0.1% | -7.86% | 减仓 |
| 24 | HWKN | Hawkins Inc | -0.1% | +11.51% | 加仓 |
| 25 | TRNS | Transcat Inc | -0.1% | — | 不变 |
| 26 | AWK | American Water Works Co Inc | -0.1% | -7.48% | 减仓 |
| 27 | MANH | Manhattan Associates Inc | -0.1% | +2.98% | 加仓 |
| 28 | STVN | Stevanato Group S.p.A. | -0.2% | — | 不变 |
| 29 | BRBR | Bellring Brands Inc | -0.2% | — | 不变 |
| 30 | TMDX | Transmedics Group Inc | -0.2% | -21.94% | 减仓 |
| 31 | WMS | Advanced Drainage Systems In | -0.3% | -38.72% | 减仓 |
| 32 | ERII | Energy Recovery Inc | -0.3% | -37.65% | 减仓 |
| 33 | CGNX | Cognex CORP | -0.3% | -36.65% | 减仓 |
| 34 | VEEV | Veeva Systems Inc-class A | -0.5% | -1.49% | 减仓 |
| 35 | BSY | Bentley Systems Inc-class B | -1% | +0.11% | 加仓 |
| 36 | PAYC | Paycom Software Inc | -1.1% | -20.47% | 减仓 |
| 37 | TREX | Trex Company Inc | -1.2% | -6.20% | 减仓 |
| 38 | TYL | Tyler Technologies Inc | -1.5% | -25.39% | 减仓 |
| 39 | LRN | Stride Inc | -3% | -18.31% | 减仓 |
| 40 | FORM | Formfactor Inc | — | EXIT | 清仓 |
| 41 | MASI* | Masimo CORP | — | EXIT | 清仓 |
| 42 | UTI | Universal Technical Institut | — | NEW | 新建仓 |
| 43 | KNSL | Kinsale Capital Group Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Montanaro Asset Management Ltd 在 Q4 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 Q4 2025 季度，Montanaro Asset Management Ltd 按市值排列的前三大核心持股分别为：NVMI (5.8%)、TECH (5.7%)、ROL (5.1%)。其中最大持股仓位 NVMI 占据整体投资组合约 5.8% 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
UTI
市值: US$115.8万
本季最大获利了结 / 清仓标的
FORM
前期市值: US$455.3万
在 Q4 2025 季度中，Montanaro Asset Management Ltd 共进行了 36 项持仓异动，包含新建仓 2 个仓位、加仓 15 个仓位、减仓 17 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 UTI。 本季清仓仓位包含 FORM。
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。