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。
AlphaSMO 权威研究指南阅读专题
CIK: 0001633343
申报总市值
US$21.3亿
US$21.3亿
102 檔
29.0%
Ninety One North America, Inc. 在 Q4 2025 季度的美股仓位总计估值为 US$21.3亿，分散于 102 个持仓标的之中，反映其市场参与广度与投资规模。
在 Q4 2025，Ninety One North America, Inc. 操作展现出积极扩展与加仓意向。本季共新建仓 20 个新仓位，并对 19 个既有持股进行加仓（合计增持 39 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Ninety One North America, Inc. 的前 5 大核心持股（包含 V, GOOGL, MSFT 等）合计占整体申报市值的 29.0%，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 | V | Visa Inc-class A Shares | 股票-金融 | 6.23% | +0.85% | +1.47% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 5.41% | -0.24% | +14.06% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.04% | +0.13% | -6.02% | |
| 4 | PM | Philip Morris International | 股票-非周期性消费 | 4.59% | +0.58% | +1.68% | |
| 5 | MA | Mastercard Inc - A | 股票-金融 | 3.81% | -1.24% | +14.00% | |
| 6 | ADSK | Autodesk Inc | 股票-科技 | 3.65% | -0.69% | +2.68% | |
| 7 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 3.47% | +0.23% | +1.75% | |
| 8 | ICLR | ICON Public Limited Company | 股票-医疗保健 | 3.36% | — | +2.83% | |
| 9 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 3.17% | -0.53% | -15.97% | |
| 10 | INTU | Intuit Inc | 股票-科技 | 2.92% | -0.82% | +1.80% | |
| 11 | NTES | Netease Inc-adr | 股票-通信服务 | 2.79% | +0.38% | +3.41% | |
| 12 | EA | Electronic Arts Inc | 股票-通信服务 | 2.75% | -1.97% | +2.97% | |
| 13 | AON | Aon plc | 股票-金融 | 2.52% | -0.85% | +21.46% | |
| 14 | INDA | Ishares Msci India ETF | ETF-其他 | 2.43% | -0.82% | +29.67% | |
| 15 | ALC | Alcon Inc. | 股票-医疗保健 | 2.36% | -1.01% | +4.08% | |
| 16 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.33% | +0.29% | +15.57% | |
| 17 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 2.01% | -0.09% | +172.57% | |
| 18 | EW | Edwards Lifesciences CORP | 股票-医疗保健 | 1.96% | +0.32% | +3.00% | |
| 19 | BAP | Credicorp Ltd. | 股票-金融 | 1.94% | -0.64% | +9.88% | |
| 20 | NU | Nu Holdings Ltd. | 股票-金融 | 1.87% | -0.14% | +22.50% | |
| 21 | VALE | Vale Sa-sp Adr | 股票-原材料 | 1.78% | — | -0.47% | |
| 22 | ADP | Automatic Data Processing | 股票-科技 | 1.70% | +0.12% | +0.34% | |
| 23 | MSI | Motorola Solutions Inc | 股票-科技 | 1.68% | -0.08% | +87.29% | |
| 24 | VRSN | Verisign Inc | 股票-科技 | 1.57% | +0.05% | +3.28% | |
| 25 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 1.53% | -0.10% | +1.80% | |
| 26 | SPGI | S&p Global Inc | 股票-金融 | 1.47% | -0.05% | +1.59% | |
| 27 | MNST | Monster Beverage CORP | 股票-非周期性消费 | 1.44% | +0.51% | -11.10% | |
| 28 | MCO | Moody's CORP | 股票-金融 | 1.36% | +0.05% | +1.60% | |
| 29 | TX | Ternium Sa-sponsored Adr | 股票-其他 | 1.22% | -0.06% | -15.56% | |
| 30 | NVDA | Nvidia CORP | 股票-科技 | 1.15% | +0.22% | — | |
| 31 | ALGN | Align Technology Inc | 股票-医疗保健 | 1.07% | -0.02% | +1.80% | |
| 32 | FDS | Factset Research Systems Inc | 股票-金融 | 1.01% | +0.05% | +1.76% | |
| 33 | VIST | Vista Energy Sab De Cv | 股票-其他 | 0.95% | -0.13% | -0.75% | |
| 34 | XPEV | XPeng Inc. | 股票-其他 | 0.95% | -0.25% | +15.80% | |
| 35 | STNE | StoneCo Ltd. | 股票-其他 | 0.95% | — | -0.76% | |
| 36 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.92% | -0.29% | -16.56% | |
| 37 | IBN | Icici Bank Ltd-spon Adr | 股票-金融 | 0.70% | +0.08% | +45.19% | |
| 38 | TEL | TE Connectivity plc | 股票-科技 | 0.70% | +0.01% | -7.40% | |
| 39 | CP | Canadian Pacific Kansas City | 股票-工业 | 0.66% | +0.08% | +2.15% | |
| 40 | AVGO | Broadcom Inc | 股票-科技 | 0.58% | +0.14% | — | |
| 41 | TTEK | Tetra Tech Inc | 股票-工业 | 0.56% | +0.10% | +2.83% | |
| 42 | ACM | Aecom | 股票-工业 | 0.53% | -0.18% | +2.85% | |
| 43 | TKO | Tko Group Holdings Inc | 股票-通信服务 | 0.53% | -0.04% | — | |
| 44 | KGC | Kinross Gold CORP | 股票-原材料 | 0.50% | +0.11% | -18.64% | |
| 45 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.48% | +0.19% | — | |
| 46 | AGCO | Agco CORP | 股票-工业 | 0.43% | +0.05% | +2.87% | |
| 47 | EEM | Ishares Msci Emerging Market | ETF-新兴市场 | 0.41% | -0.17% | EXIT | |
| 48 | WM | Waste Management Inc | 股票-工业 | 0.39% | +0.12% | +2.84% | |
| 49 | TRMB | Trimble Inc | 股票-科技 | 0.39% | -0.07% | — | |
| 50 | VMI | Valmont Industries | 股票-工业 | 0.38% | +0.35% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.3% | +14.06% | 加仓 |
| 2 | MRSH | Marsh & Mclennan Cos | +1.1% | +172.57% | 加仓 |
| 3 | MSI | Motorola Solutions Inc | +0.5% | +87.29% | 加仓 |
| 4 | INDA | Ishares Msci India ETF | +0.4% | +29.67% | 加仓 |
| 5 | JNJ | Johnson & Johnson | +0.3% | +15.57% | 加仓 |
| 6 | NU | Nu Holdings Ltd. | +0.2% | +22.50% | 加仓 |
| 7 | VIST | Vista Energy Sab De Cv | +0.2% | -0.75% | 减仓 |
| 8 | ABT | Abbott Laboratories | +0.2% | +566.53% | 加仓 |
| 9 | AON | Aon plc | +0.2% | +21.46% | 加仓 |
| 10 | IBN | Icici Bank Ltd-spon Adr | +0.2% | +45.19% | 加仓 |
| 11 | ALGN | Align Technology Inc | +0.1% | +1.80% | 加仓 |
| 12 | VALE | Vale Sa-sp Adr | +0.1% | -0.47% | 减仓 |
| 13 | BAP | Credicorp Ltd. | +0.1% | +9.88% | 加仓 |
| 14 | MA | Mastercard Inc - A | +0.1% | +14.00% | 加仓 |
| 15 | EW | Edwards Lifesciences CORP | 0% | +3.00% | 加仓 |
| 16 | ALC | Alcon Inc. | — | +4.08% | 加仓 |
| 17 | ICLR | ICON Public Limited Company | -0.2% | +2.83% | 加仓 |
| 18 | RACE | Ferrari N.V. | -0.3% | -42.62% | 减仓 |
| 19 | VRSN | Verisign Inc | -0.4% | +3.28% | 加仓 |
| 20 | STNE | StoneCo Ltd. | -0.4% | -0.76% | 减仓 |
| 21 | V | Visa Inc-class A Shares | -0.5% | +1.47% | 加仓 |
| 22 | ADP | Automatic Data Processing | -0.5% | +0.34% | 加仓 |
| 23 | NTES | Netease Inc-adr | -0.5% | +3.41% | 加仓 |
| 24 | TSM | Taiwan Semiconductor-sp Adr | -0.7% | -15.97% | 减仓 |
| 25 | MSFT | Microsoft CORP | -1.4% | -6.02% | 减仓 |
| 26 | CPNG | Coupang Inc | -1.4% | -99.93% | 减仓 |
| 27 | SE | Sea Ltd-adr | — | EXIT | 清仓 |
| 28 | NVDA | Nvidia CORP | — | NEW | 新建仓 |
| 29 | AVGO | Broadcom Inc | — | NEW | 新建仓 |
| 30 | TKO | Tko Group Holdings Inc | — | NEW | 新建仓 |
| 31 | AMZN | Amazon.com Inc | — | NEW | 新建仓 |
| 32 | MELI | Mercadolibre Inc | — | EXIT | 清仓 |
| 33 | TRMB | Trimble Inc | — | NEW | 新建仓 |
| 34 | VMI | Valmont Industries | — | NEW | 新建仓 |
| 35 | JPM | Jpmorgan Chase & Co | — | NEW | 新建仓 |
| 36 | BSX | Boston Scientific CORP | — | NEW | 新建仓 |
| 37 | LLY | Eli Lilly & Co | — | NEW | 新建仓 |
| 38 | AAPL | Apple Inc | — | NEW | 新建仓 |
| 39 | UBS | UBS Group AG | — | NEW | 新建仓 |
| 40 | CL | Colgate-palmolive Co | — | NEW | 新建仓 |
| 41 | B | Barrick Mining CORP | — | NEW | 新建仓 |
| 42 | GM | General Motors Co | — | NEW | 新建仓 |
| 43 | CRH | CRH plc | — | NEW | 新建仓 |
| 44 | TTWO | Take-two Interactive Softwre | — | NEW | 新建仓 |
| 45 | AER | AerCap Holdings N.V. | — | NEW | 新建仓 |
| 46 | UAE | Ishares Msci Uae ETF | — | EXIT | 清仓 |
| 47 | J | Jacobs Solutions Inc | — | NEW | 新建仓 |
| 48 | GS | Goldman Sachs Group Inc | — | NEW | 新建仓 |
| 49 | TRU | Transunion | — | NEW | 新建仓 |
| 50 | EMBJ | Embraer Sa-spon Adr | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Ninety One North America, Inc. 在 Q4 2025 季度的美股持仓总市值约为 US$21.3亿，共申报了 102 个公开持股仓位。
在 Q4 2025 季度，Ninety One North America, Inc. 按市值排列的前三大核心持股分别为：V (6.2%)、GOOGL (5.4%)、MSFT (5.0%)。其中最大持股仓位 V 占据整体投资组合约 6.2% 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
NVDA
市值: US$2837.2万
本季最大获利了结 / 清仓标的
SE
前期市值: US$6657.7万
在 Q4 2025 季度中，Ninety One North America, Inc. 共进行了 50 项持仓异动，包含新建仓 20 个仓位、加仓 19 个仓位、减仓 7 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 NVDA。 本季清仓仓位包含 SE。
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。