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: 0001738654
申报总市值
US$16.4亿
US$16.4亿
44 檔
34.3%
截至 Q3 2025 季度末，Opti Capital Management, LP 的美股持仓估值约为 US$16.4亿，全数申报仓位共有 44 档。
在 Q3 2025，Opti Capital Management, LP 展现出较为审慎的避险与获利了结姿态。本季共减仓 10 个仓位并完全清仓 26 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，Opti Capital Management, LP 的前 5 大核心持股（包含 XYZ 0.25 11-01-27, STX 3.5 06-01-28, LYV 3.125 01-15-29 等）合计占整体申报市值的 34.3%，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 | XYZ 0.25 11-01-27债券 | Block Inc | 债券 | 7.85% | -4.47% | — | |
| 2 | STX 3.5 06-01-28债券 | Seagate Hdd Cayman | 债券 | 7.82% | — | — | |
| 3 | LYV 3.125 01-15-29债券 | Live Nation Entertainmen | 债券 | 7.38% | -0.07% | +95.11% | |
| 4 | IDCC 3.5 06-01-27债券 | Interdigital Inc | 债券 | 6.86% | — | -23.44% | |
| 5 | HALO 0.25 03-01-27债券 | Halozyme Therapeutics In | 债券 | 5.24% | — | +2.82% | |
| 6 | NVCR 0 11-01-25债券 | Novocure LTD | 债券 | 4.65% | — | — | |
| 7 | TDOC 1.25 06-01-27债券 | Teladoc Health Inc | 债券 | 4.09% | -0.48% | -50.61% | |
| 8 | SEALTD 0.25 09-15-26债券 | Sea LTD | 债券 | 3.70% | -0.03% | +60.27% | |
| 9 | ENPH 0 03-01-26债券 | Enphase Energy Inc | 债券 | 3.36% | — | +46.67% | |
| 10 | SNAP 0.125 03-01-28债券 | Snap Inc | 债券 | 3.11% | -0.68% | -39.81% | |
| 11 | RPD 0.25 03-15-27债券 | Rapid7 Inc | 债券 | 2.99% | +1.03% | -12.88% | |
| 12 | FSLY 0 03-15-26债券 | Fastly Inc | 债券 | 2.80% | — | — | |
| 13 | TMDX 1.5 06-01-28债券 | Transmedics Group Inc | 债券 | 2.67% | -2.27% | +1100.00% | |
| 14 | BSY 0.375 07-01-27债券 | Bentley Systems | 债券 | 2.62% | -0.78% | — | |
| 15 | WDC 3 11-15-28债券 | Western Digital CORP | 债券 | 2.21% | — | — | |
| 16 | EXAS 0.375 03-15-27债券 | Exact Sciences CORP | 债券 | 2.14% | — | — | |
| 17 | ITRI 1.375 07-15-30债券 | Itron Inc | 债券 | 2.05% | +1.31% | NEW | |
| 18 | PAR 1.5 10-15-27债券 | Par Technology CORP | 债券 | 1.94% | — | +45.45% | |
| 19 | BMRN 1.25 05-15-27债券 | Biomarin Pharmaceutical | 债券 | 1.91% | -0.28% | — | |
| 20 | WK 1.25 08-15-28债券 | Workiva Inc | 债券 | 1.90% | -0.17% | — | |
| 21 | TRIP 0.25 04-01-26债券 | Tripadvisor Inc | 债券 | 1.83% | — | — | |
| 22 | ASND 2.25 04-01-28债券 | Ascendis Pharma A/s | 债券 | 1.79% | — | — | |
| 23 | ETSY 0.125 09-01-27债券 | Etsy Inc | 债券 | 1.73% | -0.46% | — | |
| 24 | GH 0 11-15-27债券 | Guardant Health Inc | 债券 | 1.66% | — | — | |
| 25 | FVRR 0 11-01-25债券 | Fiverr International LTD | 债券 | 1.40% | — | — | |
| 26 | UPWK 0.25 08-15-26债券 | Upwork Inc | 债券 | 1.36% | — | — | |
| 27 | DAY 0.25 03-15-26债券 | Dayforce Inc | 债券 | 1.32% | — | — | |
| 28 | MTN 0 01-01-26债券 | Vail Resorts Inc | 债券 | 1.26% | — | — | |
| 29 | NVST 1.75 08-15-28债券 | Envista Holdings CORP | 债券 | 1.24% | — | -19.23% | |
| 30 | DKNG 0 03-15-28债券 | Draftkings Holdings Inc | 债券 | 1.23% | -0.68% | — | |
| 31 | CNMD 2.25 06-15-27债券 | Conmed CORP | 债券 | 1.19% | -2.05% | EXIT | |
| 32 | PRGS 1 04-15-26债券 | Progress Software CORP | 债券 | 1.09% | -1.50% | EXIT | |
| 33 | BAND 0.5 04-01-28债券 | Bandwidth Inc | 债券 | 1.07% | -0.52% | EXIT | |
| 34 | ALRM 0 01-15-26债券 | Alarm.com Hldgs Inc | 债券 | 1.05% | — | — | |
| 35 | BOX 1.5 09-15-29债券 | Box Inc | 债券 | 0.63% | -0.33% | — | |
| 36 | LCII 1.125 05-15-26债券 | Lci Industries | 债券 | 0.56% | -0.36% | EXIT | |
| 37 | FIVN 1 03-15-29债券 | Five9 Inc | 债券 | 0.49% | -2.22% | — | |
| 38 | MCHP 0.75 06-01-30债券 | Microchip Technology Inc | 债券 | 0.42% | -1.02% | EXIT | |
| 39 | PI 1.125 05-15-27债券 | Impinj Inc | 债券 | 0.39% | — | -86.40% | |
| 40 | SNAP 0 05-01-27债券 | Snap Inc | 债券 | 0.32% | -0.06% | — | |
| 41 | ETSY 0.25 06-15-28债券 | Etsy Inc | 债券 | 0.27% | -2.11% | — | |
| 42 | NTNX 0.25 10-01-27债券 | Nutanix Inc | 债券 | 0.22% | — | — | |
| 43 | EXAS 0.375 03-01-28债券 | Exact Sciences CORP | 债券 | 0.12% | — | — | |
| 44 | SMTC 1.625 11-01-27债券 | Semtech CORP | 债券 | 0.09% | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ENPH 0 03-01-26债券 | Enphase Energy Inc | +2.5% | +46.67% | 加仓 |
| 2 | ETSY 0.125 09-01-27债券 | Etsy Inc | +1.6% | — | 加仓 |
| 3 | IDCC 3.5 06-01-27债券 | Interdigital Inc | +1.6% | -23.44% | 减仓 |
| 4 | GH 0 11-15-27债券 | Guardant Health Inc | +1.5% | — | 加仓 |
| 5 | HALO 0.25 03-01-27债券 | Halozyme Therapeutics In | +1.3% | +2.82% | 加仓 |
| 6 | BMRN 1.25 05-15-27债券 | Biomarin Pharmaceutical | +1.1% | — | 加仓 |
| 7 | EXAS 0.375 03-15-27债券 | Exact Sciences CORP | +0.7% | — | 加仓 |
| 8 | BAND 0.5 04-01-28债券 | Bandwidth Inc | +0.5% | — | 加仓 |
| 9 | DAY 0.25 03-15-26债券 | Dayforce Inc | +0.4% | — | 加仓 |
| 10 | FSLY 0 03-15-26债券 | Fastly Inc | +0.3% | — | 加仓 |
| 11 | FIVN 1 03-15-29债券 | Five9 Inc | +0.3% | — | 加仓 |
| 12 | NVCR 0 11-01-25债券 | Novocure LTD | +0.2% | — | 不变 |
| 13 | UPWK 0.25 08-15-26债券 | Upwork Inc | +0.1% | — | 不变 |
| 14 | TRIP 0.25 04-01-26债券 | Tripadvisor Inc | +0.1% | — | 不变 |
| 15 | RPD 0.25 03-15-27债券 | Rapid7 Inc | +0.1% | -12.88% | 减仓 |
| 16 | FVRR 0 11-01-25债券 | Fiverr International LTD | +0.1% | — | 不变 |
| 17 | MTN 0 01-01-26债券 | Vail Resorts Inc | +0.1% | — | 不变 |
| 18 | ALRM 0 01-15-26债券 | Alarm.com Hldgs Inc | +0.1% | — | 不变 |
| 19 | LCII 1.125 05-15-26债券 | Lci Industries | 0% | — | 不变 |
| 20 | XYZ 0.25 11-01-27债券 | Block Inc | -0.1% | — | 减仓 |
| 21 | NVST 1.75 08-15-28债券 | Envista Holdings CORP | -0.5% | -19.23% | 减仓 |
| 22 | PRGS 1 04-15-26债券 | Progress Software CORP | -0.9% | -13.37% | 减仓 |
| 23 | SNAP 0.125 03-01-28债券 | Snap Inc | -0.9% | -39.81% | 减仓 |
| 24 | EXAS 0.375 03-01-28债券 | Exact Sciences CORP | -1.1% | — | 减仓 |
| 25 | PI 1.125 05-15-27债券 | Impinj Inc | -1.5% | -86.40% | 减仓 |
| 26 | CNMD 2.25 06-15-27债券 | Conmed CORP | -1.8% | -27.27% | 减仓 |
| 27 | TDOC 1.25 06-01-27债券 | Teladoc Health Inc | -3.1% | -50.61% | 减仓 |
| 28 | STX 3.5 06-01-28债券 | Seagate Hdd Cayman | — | NEW | 新建仓 |
| 29 | LYV 3.125 01-15-29债券 | Live Nation Entertainmen | — | NEW | 新建仓 |
| 30 | LITE 0.5 12-15-26债券 | Lumentum Holdings Inc | — | EXIT | 清仓 |
| 31 | FIVN 0.5 06-01-25债券 | Five9 Inc | — | EXIT | 清仓 |
| 32 | SEALTD 0.25 09-15-26债券 | Sea LTD | — | NEW | 新建仓 |
| 33 | DDD 0 11-15-26债券 | 3d Systems CORP | — | EXIT | 清仓 |
| 34 | NVMI 0 10-15-25债券 | Nova LTD | — | EXIT | 清仓 |
| 35 | NICEIT 0 09-15-25债券 | Nice LTD | — | EXIT | 清仓 |
| 36 | XMTR 1 02-01-27债券 | Xometry Inc | — | EXIT | 清仓 |
| 37 | SRPT 1.25 09-15-27债券 | Sarepta Therapeutics Inc | — | EXIT | 清仓 |
| 38 | TMDX 1.5 06-01-28债券 | Transmedics Group Inc | — | NEW | 新建仓 |
| 39 | BSY 0.375 07-01-27债券 | Bentley Systems | — | NEW | 新建仓 |
| 40 | TYL 0.25 03-15-26债券 | Tyler Technologies Inc | — | EXIT | 清仓 |
| 41 | WDC 3 11-15-28债券 | Western Digital CORP | — | NEW | 新建仓 |
| 42 | DVAX 2.5 05-15-26债券 | Dynavax Technologies | — | EXIT | 清仓 |
| 43 | ITRI 1.375 07-15-30债券 | Itron Inc | — | NEW | 新建仓 |
| 44 | PAR 1.5 10-15-27债券 | Par Technology CORP | — | NEW | 新建仓 |
| 45 | WK 1.25 08-15-28债券 | Workiva Inc | — | NEW | 新建仓 |
| 46 | ASND 2.25 04-01-28债券 | Ascendis Pharma A/s | — | NEW | 新建仓 |
| 47 | BBIO 2.5 03-15-27债券 | Bridgebio Pharma Inc | — | EXIT | 清仓 |
| 48 | EGHT 4 02-01-28债券 | 8x8 Inc | — | EXIT | 清仓 |
| 49 | CYTK 3.5 07-01-27债券 | Cytokinetics Inc | — | EXIT | 清仓 |
| 50 | BSY 0.125 01-15-26债券 | Bentley Systems Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Opti Capital Management, LP 在 Q3 2025 季度的美股持仓总市值约为 US$16.4亿，共申报了 44 个公开持股仓位。
在 Q3 2025 季度，Opti Capital Management, LP 按市值排列的前三大核心持股分别为：XYZ 0.25 11-01-27 (7.8%)、STX 3.5 06-01-28 (7.8%)、LYV 3.125 01-15-29 (7.4%)。其中最大持股仓位 XYZ 0.25 11-01-27 占据整体投资组合约 7.8% 的权重。
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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
STX 3.5 06-01-28
市值: US$1.3亿
本季最大获利了结 / 清仓标的
LITE 0.5 12-15-26
前期市值: US$6386.8万
在 Q3 2025 季度中，Opti Capital Management, LP 共进行了 63 项持仓异动，包含新建仓 17 个仓位、加仓 10 个仓位、减仓 10 个仓位以及清仓 26 个仓位。 其中最大新建仓标的为 STX 3.5 06-01-28。 本季清仓仓位包含 LITE 0.5 12-15-26。
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。