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: 0000107136
申报总市值
US$243.7亿
US$243.7亿
2282 檔
11.6%
Q4 2025 季度申报显示，&partners 披露的美股组合总市值为 US$243.7亿，涵盖 2282 个不同之权益投资仓位。
在 Q4 2025，&partners 操作展现出积极扩展与加仓意向。本季共新建仓 10 个新仓位，并对 182 个既有持股进行加仓（合计增持 192 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，&partners 的前 5 大核心持股（包含 AAPL, MSFT, IVV 等）合计占整体申报市值的 11.6%，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 2282 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 | AAPL | Apple Inc | 股票-科技 | 3.77% | +0.03% | +21.56% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.35% | -0.26% | +21.34% | |
| 3 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 2.78% | +0.13% | +7.70% | |
| 4 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 2.42% | +0.04% | +7.04% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 2.42% | +0.19% | +29.06% | |
| 6 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 1.81% | -0.19% | +10.05% | |
| 7 | DFAI | Dimensional International Co | ETF-其他 | 1.66% | -0.09% | +3.92% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.56% | +0.13% | +14.37% | |
| 9 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.54% | -0.05% | +21.90% | |
| 10 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.47% | -0.12% | +5.46% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.40% | +0.12% | +28.88% | |
| 12 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.38% | +0.03% | +30.86% | |
| 13 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 1.00% | +0.09% | +80.11% | |
| 14 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.99% | +0.04% | +161.15% | |
| 15 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.90% | +0.11% | +30.33% | |
| 16 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.89% | -0.09% | +16.71% | |
| 17 | BNDX | Vanguard Total Intl Bond ETF | ETF-其他 | 0.86% | -0.08% | +19.15% | |
| 18 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.83% | -0.08% | +15.14% | |
| 19 | WMT | Walmart Inc | 股票-非周期性消费 | 0.79% | -0.17% | +15.66% | |
| 20 | VUG | Vanguard Growth ETF | ETF-其他 | 0.77% | +0.07% | +26.86% | |
| 21 | V | Visa Inc-class A Shares | 股票-金融 | 0.68% | +0.01% | +28.10% | |
| 22 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.67% | -0.02% | +9.78% | |
| 23 | QUAL | Ishares Msci USA Quality Fac | ETF-其他 | 0.63% | -0.04% | -4.08% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.63% | +0.08% | +22.18% | |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.54% | -0.06% | +15.00% | |
| 26 | CGDV | Cap Group Dividend Value | ETF-其他 | 0.54% | +0.02% | +48.05% | |
| 27 | TSLA | Tesla Inc | 股票-周期性消费 | 0.52% | -0.01% | +53.38% | |
| 28 | CGCP | Cap Group Core Plus Income | ETF-其他 | 0.51% | -0.10% | +31.02% | |
| 29 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.51% | -0.07% | +13.78% | |
| 30 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.51% | +0.02% | +6.58% | |
| 31 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.49% | -0.01% | +50.28% | |
| 32 | CGGR | Cap Group Growth Equity | ETF-其他 | 0.48% | -0.01% | +36.10% | |
| 33 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.48% | -0.12% | +10.50% | |
| 34 | AMGN | Amgen Inc | 股票-医疗保健 | 0.48% | -0.07% | +14.09% | |
| 35 | BSV | Vanguard Short-term Bond ETF | ETF-其他 | 0.47% | -0.03% | +21.76% | |
| 36 | VTV | Vanguard Value ETF | ETF-其他 | 0.47% | +0.05% | +9.55% | |
| 37 | BLK | Blackrock Inc | 股票-金融 | 0.46% | -0.04% | +8.82% | |
| 38 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.46% | +0.01% | +24.80% | |
| 39 | XOM | Exxon Mobil CORP | 股票-能源 | 0.45% | -0.19% | +35.26% | |
| 40 | HD | Home Depot Inc | 股票-周期性消费 | 0.44% | -0.03% | +22.67% | |
| 41 | CSCO | Cisco Systems Inc | 股票-科技 | 0.43% | +0.15% | +11.93% | |
| 42 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.43% | +0.09% | +34.73% | |
| 43 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.43% | +0.05% | +104.39% | |
| 44 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.42% | -0.12% | +22.39% | |
| 45 | CVX | Chevron CORP | 股票-能源 | 0.41% | -0.17% | +8.39% | |
| 46 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.39% | -0.13% | +7.28% | |
| 47 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 0.39% | +0.14% | +42.15% | |
| 48 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.39% | +0.02% | +13.76% | |
| 49 | ADP | Automatic Data Processing | 股票-科技 | 0.38% | — | +7.74% | |
| 50 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.38% | -0.07% | +9.52% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.5% | +161.15% | 加仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.4% | +28.88% | 加仓 |
| 3 | VOO | Vanguard S&p 500 ETF | +0.3% | +80.11% | 加仓 |
| 4 | LLY | Eli Lilly & Co | +0.3% | +30.33% | 加仓 |
| 5 | AAPL | Apple Inc | +0.2% | +21.56% | 加仓 |
| 6 | VTI | Vanguard Total Stock Mkt ETF | +0.2% | +104.39% | 加仓 |
| 7 | NVDA | Nvidia CORP | +0.2% | +29.06% | 加仓 |
| 8 | AMZN | Amazon.com Inc | +0.2% | +30.86% | 加仓 |
| 9 | GOOG | Alphabet Inc-cl C | +0.1% | +22.18% | 加仓 |
| 10 | GS | Goldman Sachs Group Inc | +0.1% | +50.28% | 加仓 |
| 11 | MGK | Vanguard Mega Cap Growth ETF | +0.1% | +971.53% | 加仓 |
| 12 | NXT | Nextpower Inc-cl A | +0.1% | +4406.42% | 加仓 |
| 13 | CGDV | Cap Group Dividend Value | +0.1% | +48.05% | 加仓 |
| 14 | TSLA | Tesla Inc | +0.1% | +53.38% | 加仓 |
| 15 | CGUS | Cap Group Core Equity | +0.1% | +116.51% | 加仓 |
| 16 | MU | Micron Technology Inc | +0.1% | +11.03% | 加仓 |
| 17 | VGT | Vanguard Info Tech ETF | +0.1% | +209.40% | 加仓 |
| 18 | ✓ | On Holding AG | +0.1% | +6416.19% | 加仓 |
| 19 | CEG | Constellation Energy | +0.1% | +44.77% | 加仓 |
| 20 | BA | Boeing Co/the | +0.1% | +181.14% | 加仓 |
| 21 | XOM | Exxon Mobil CORP | +0.1% | +35.26% | 加仓 |
| 22 | VEA | Vanguard Ftse Developed ETF | +0.1% | +42.15% | 加仓 |
| 23 | CRM | Salesforce Inc | +0.1% | +73.63% | 加仓 |
| 24 | SMH | Vaneck Semiconductor ETF | +0.1% | +526.15% | 加仓 |
| 25 | SCHB | Schwab US Broad Market ETF | +0.1% | +540.92% | 加仓 |
| 26 | CTA | Simplify Managed Futures St | +0.1% | +4691.01% | 加仓 |
| 27 | IYF | Ishares US Financials ETF | +0.1% | +1895.86% | 加仓 |
| 28 | CAT | Caterpillar Inc | +0.1% | +19.90% | 加仓 |
| 29 | USFR | Wisdomtree Floating Rate Tre | +0.1% | +205.41% | 加仓 |
| 30 | CGBL | Cap Group Core Balanced | +0.1% | +121.74% | 加仓 |
| 31 | VT | Vanguard Tot World Stk ETF | +0.1% | +115.34% | 加仓 |
| 32 | V | Visa Inc-class A Shares | +0.1% | +28.10% | 加仓 |
| 33 | CGGR | Cap Group Growth Equity | +0.1% | +36.10% | 加仓 |
| 34 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +34.73% | 加仓 |
| 35 | RSP | Invesco S&p 500 Equal Weight | +0.1% | +49.30% | 加仓 |
| 36 | LMT | Lockheed Martin CORP | +0.1% | +37.87% | 加仓 |
| 37 | EOG | Eog Resources Inc | +0.1% | +66.95% | 加仓 |
| 38 | IWD | Ishares Russell 1000 Value E | +0.1% | +76.60% | 加仓 |
| 39 | TCHP | T Rowe Price Blue Chip Growt | +0.1% | +1126.65% | 加仓 |
| 40 | FDN | First Trust Dj Internet Ind | +0.1% | +397.76% | 加仓 |
| 41 | CGGE | Cap Group Global Eq | +0.1% | +102.34% | 加仓 |
| 42 | JNJ | Johnson & Johnson | 0% | +15.14% | 加仓 |
| 43 | VUG | Vanguard Growth ETF | 0% | +26.86% | 加仓 |
| 44 | AMGN | Amgen Inc | 0% | +14.09% | 加仓 |
| 45 | IBM | Intl Business Machines CORP | 0% | +31.74% | 加仓 |
| 46 | PANW | Palo Alto Networks Inc | 0% | +74.16% | 加仓 |
| 47 | FTSM | First Trust Enh Short Mat Fd | 0% | +60.24% | 加仓 |
| 48 | GEV | GE Vernova Inc | 0% | +76.66% | 加仓 |
| 49 | SPDW | Ste Str Spdr Pt Dw EU ETF | 0% | +268.85% | 加仓 |
| 50 | CGCV | Cap Group Conservative Eq | 0% | +1396.97% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，&partners 在 Q4 2025 季度的美股持仓总市值约为 US$243.7亿，共申报了 2282 个公开持股仓位。
在 Q4 2025 季度，&partners 按市值排列的前三大核心持股分别为：AAPL (3.8%)、MSFT (3.4%)、IVV (2.8%)。其中最大持股仓位 AAPL 占据整体投资组合约 3.8% 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
EMEQ
市值: US$1273.5万
本季最大获利了结 / 清仓标的
UL
前期市值: US$906.7万
在 Q4 2025 季度中，&partners 共进行了 200 项持仓异动，包含新建仓 10 个仓位、加仓 182 个仓位、减仓 6 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 EMEQ。 本季清仓仓位包含 UL。
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。