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: 0001647273
申报总市值
US$70.0亿
US$70.0亿
400 檔
18.5%
Perpetual Ltd 在 Q3 2025 季度的美股仓位总计估值为 US$70.0亿，分散于 400 个持仓标的之中，反映其市场参与广度与投资规模。
Perpetual Ltd 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 5 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 19 档标的。
在资产配置集中度方面，Perpetual Ltd 的前 5 大核心持股（包含 SRE, MSFT, CDW 等）合计占整体申报市值的 18.5%，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 400 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 | SRE | Sempra | 股票-公用事业 | 3.61% | -0.78% | +59.01% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.24% | -0.38% | +8.36% | |
| 3 | CDW | Cdw Corp/de | 股票-科技 | 3.15% | — | +42.16% | |
| 4 | ATO | Atmos Energy CORP | 股票-公用事业 | 3.14% | -0.72% | +5.09% | |
| 5 | FLUT | Flutter Entertainment plc | 股票-周期性消费 | 2.93% | -0.62% | -16.99% | |
| 6 | PM | Philip Morris International | 股票-非周期性消费 | 2.85% | -0.38% | +31.41% | |
| 7 | ICE | Intercontinental Exchange In | 股票-金融 | 2.67% | -0.68% | -9.26% | |
| 8 | SE | Sea Ltd-adr | 股票-通信服务 | 2.62% | -0.55% | EXIT | |
| 9 | MELI | Mercadolibre Inc | 股票-周期性消费 | 2.53% | +0.20% | -15.35% | |
| 10 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 2.52% | -1.06% | +4.80% | |
| 11 | CRH | CRH plc | 股票-原材料 | 2.47% | — | -5.21% | |
| 12 | AER | AerCap Holdings N.V. | 股票-工业 | 1.95% | — | -3.60% | |
| 13 | GXO | Gxo Logistics Inc | 股票-工业 | 1.78% | -0.42% | -10.59% | |
| 14 | CSX | Csx CORP | 股票-工业 | 1.77% | -1.53% | +10.93% | |
| 15 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 1.76% | — | -17.05% | |
| 16 | EMR | Emerson Electric Co | 股票-工业 | 1.71% | -0.10% | -24.32% | |
| 17 | TIGO | Millicom International Cellular S.A. | 股票-通信服务 | 1.65% | -0.32% | +5283.19% | |
| 18 | FERG | Ferguson Enterprises Inc | 股票-工业 | 1.64% | +0.23% | +52.49% | |
| 19 | ORCL | Oracle CORP | 股票-科技 | 1.64% | -0.01% | -56.49% | |
| 20 | GTLS | Chart Industries Inc | 股票-工业 | 1.58% | — | -2.40% | |
| 21 | UNP | Union Pacific CORP | 股票-工业 | 1.50% | -0.12% | +6285.20% | |
| 22 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 1.36% | -0.30% | -16.74% | |
| 23 | B | Barrick Mining CORP | 股票-原材料 | 1.25% | -0.20% | +0.74% | |
| 24 | CHKP | Check Point Software Technologies Ltd. | 股票-科技 | 1.22% | — | -0.99% | |
| 25 | ITUB | Itau Unibanco H-spon Prf Adr | 股票-金融 | 1.18% | -0.96% | -7.30% | |
| 26 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.10% | +0.12% | -2.85% | |
| 27 | AVGO | Broadcom Inc | 股票-科技 | 1.07% | +0.10% | +0.30% | |
| 28 | CX | Cemex Sab-spons Adr Part Cer | 股票-其他 | 1.03% | -0.09% | +0.67% | |
| 29 | LIN | Linde plc | 股票-原材料 | 0.99% | — | -11.64% | |
| 30 | JAZZ | Jazz Pharmaceuticals plc | 股票-医疗保健 | 0.99% | -0.05% | -32.10% | |
| 31 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 0.94% | -0.02% | +102.11% | |
| 32 | PRGO | Perrigo Company plc | 股票-医疗保健 | 0.87% | — | +64.19% | |
| 33 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.87% | +0.03% | +8.88% | |
| 34 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.81% | +0.29% | -3.65% | |
| 35 | CCL1EUR | Carnival CORP LTD | 股票-周期性消费 | 0.60% | -0.54% | EXIT | |
| 36 | ETR | Entergy CORP | 股票-公用事业 | 0.58% | -0.24% | -1.00% | |
| 37 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.58% | +0.02% | -32.72% | |
| 38 | PNW | Pinnacle West Capital | 股票-公用事业 | 0.55% | +0.02% | +17.49% | |
| 39 | CVX | Chevron CORP | 股票-能源 | 0.55% | -0.23% | +1542.97% | |
| 40 | SBS | Cia Saneamento Basico De-adr | 股票-其他 | 0.53% | -0.07% | +116.65% | |
| 41 | ZS | Zscaler Inc | 股票-科技 | 0.52% | — | -19.82% | |
| 42 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 0.52% | +0.32% | +1.03% | |
| 43 | GE | General Electric | 股票-工业 | 0.51% | +0.06% | -31.54% | |
| 44 | MCHP | Microchip Technology Inc | 股票-科技 | 0.51% | -0.40% | -0.24% | |
| 45 | CME | Cme Group Inc | 股票-金融 | 0.50% | +0.29% | -27.71% | |
| 46 | PLD | Prologis Inc | 股票-房地产 | 0.50% | -0.40% | -3.71% | |
| 47 | APTV | Aptiv PLC | 股票-周期性消费 | 0.50% | +2.09% | NEW | |
| 48 | UBER | Uber Technologies Inc | 股票-工业 | 0.49% | +0.31% | -40.56% | |
| 49 | WPM | Wheaton Precious Metals CORP | 股票-原材料 | 0.49% | -0.08% | -39.72% | |
| 50 | CBOE | Cboe Global Markets Inc | 股票-金融 | 0.48% | -0.41% | EXIT |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CDW | Cdw Corp/de | +1.8% | +42.16% | 加仓 |
| 2 | TIGO | Millicom International Cellular S.A. | +1.6% | +5283.19% | 加仓 |
| 3 | UNP | Union Pacific CORP | +1.5% | +6285.20% | 加仓 |
| 4 | SRE | Sempra | +1.4% | +59.01% | 加仓 |
| 5 | MSFT | Microsoft CORP | +1.3% | +8.36% | 加仓 |
| 6 | FERG | Ferguson Enterprises Inc | +1.1% | +52.49% | 加仓 |
| 7 | TMO | Thermo Fisher Scientific Inc | +0.9% | +4.80% | 加仓 |
| 8 | CSX | Csx CORP | +0.8% | +10.93% | 加仓 |
| 9 | ZS | Zscaler Inc | +0.5% | -19.82% | 加仓 |
| 10 | CVX | Chevron CORP | +0.5% | +1542.97% | 加仓 |
| 11 | UBER | Uber Technologies Inc | +0.5% | -40.56% | 加仓 |
| 12 | GE | General Electric | +0.5% | -31.54% | 加仓 |
| 13 | JBL | Jabil Inc | +0.5% | -29.44% | 加仓 |
| 14 | ARQT | Arcutis Biotherapeutics Inc | +0.5% | +7534.26% | 加仓 |
| 15 | CRM | Salesforce Inc | +0.4% | -26.00% | 加仓 |
| 16 | RBRK | Rubrik Inc-a | +0.4% | -28.98% | 加仓 |
| 17 | AMT | American Tower CORP | +0.4% | +1833.37% | 加仓 |
| 18 | MS | Morgan Stanley | +0.4% | +3945.61% | 加仓 |
| 19 | CX | Cemex Sab-spons Adr Part Cer | +0.4% | +0.67% | 减仓 |
| 20 | ARGX | Argenx Se - Adr | -0.4% | -49.07% | 减仓 |
| 21 | CME | Cme Group Inc | -0.4% | -27.71% | 减仓 |
| 22 | FIS | Fidelity National Info Serv | -0.4% | -99.19% | 减仓 |
| 23 | ICE | Intercontinental Exchange In | -0.4% | -9.26% | 减仓 |
| 24 | JAZZ | Jazz Pharmaceuticals plc | -0.4% | -32.10% | 减仓 |
| 25 | ADMA | Adma Biologics Inc | -0.5% | -26.78% | 减仓 |
| 26 | ELV | Elevance Health Inc | -0.5% | -27.15% | 减仓 |
| 27 | ORCL | Oracle CORP | -0.5% | -56.49% | 减仓 |
| 28 | SE | Sea Ltd-adr | -0.6% | -24.47% | 减仓 |
| 29 | SPOT | Spotify Technology S.A. | -0.6% | -17.05% | 减仓 |
| 30 | MELI | Mercadolibre Inc | -0.7% | -15.35% | 减仓 |
| 31 | ISRG | Intuitive Surgical Inc | -0.7% | -99.16% | 减仓 |
| 32 | CNH | CNH Industrial N.V. | -0.9% | -52.64% | 减仓 |
| 33 | SPGI | S&p Global Inc | -0.9% | +33.41% | 减仓 |
| 34 | NVDA | Nvidia CORP | -0.9% | +18.75% | 减仓 |
| 35 | FMX | Fomento Economico Mex-sp Adr | -1.1% | -95.37% | 减仓 |
| 36 | PGR | Progressive CORP | -1.1% | -99.54% | 减仓 |
| 37 | UNH | Unitedhealth Group Inc | -1.9% | -8.55% | 减仓 |
| 38 | GRAB | Grab Holdings Limited | — | EXIT | 清仓 |
| 39 | CMS | Cms Energy CORP | — | EXIT | 清仓 |
| 40 | GTLS | Chart Industries Inc | — | NEW | 新建仓 |
| 41 | GEHC | GE Healthcare Technology | — | EXIT | 清仓 |
| 42 | B | Barrick Mining CORP | — | NEW | 新建仓 |
| 43 | ABX | Barrick Gold CORP | — | EXIT | 清仓 |
| 44 | TOST | Toast Inc-class A | — | EXIT | 清仓 |
| 45 | ARES | Ares Management CORP - A | — | EXIT | 清仓 |
| 46 | FOUR | Shift4 Payments Inc-class A | — | EXIT | 清仓 |
| 47 | SBAC | Sba Communications CORP | — | EXIT | 清仓 |
| 48 | RDDT | Reddit Inc-cl A | — | NEW | 新建仓 |
| 49 | WAL | Western Alliance Bancorp | — | NEW | 新建仓 |
| 50 | COIN | Coinbase Global Inc -class A | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Perpetual Ltd 在 Q3 2025 季度的美股持仓总市值约为 US$70.0亿，共申报了 400 个公开持股仓位。
在 Q3 2025 季度，Perpetual Ltd 按市值排列的前三大核心持股分别为：SRE (3.6%)、MSFT (3.2%)、CDW (3.1%)。其中最大持股仓位 SRE 占据整体投资组合约 3.6% 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
GTLS
市值: US$1.3亿
本季最大获利了结 / 清仓标的
GRAB
前期市值: US$2.0亿
在 Q3 2025 季度中，Perpetual Ltd 共进行了 50 项持仓异动，包含新建仓 5 个仓位、加仓 18 个仓位、减仓 19 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 GTLS。 本季清仓仓位包含 GRAB。
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。