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: 0001907803
申报总市值
US$6.0亿
US$6.0亿
74 檔
14.4%
在 Q1 2025 的 13F 官方备案中，Phraction Management LLC 管理的美股投资组合规模来到 US$6.0亿，整体持股档数为 74 档。
在 Q1 2025，Phraction Management LLC 操作展现出积极扩展与加仓意向。本季共新建仓 6 个新仓位，并对 23 个既有持股进行加仓（合计增持 29 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Phraction Management LLC 的前 5 大核心持股（包含 AMZN, MSFT, TMO 等）合计占整体申报市值的 14.4%，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 | AMZN | Amazon.com Inc | 股票-周期性消费 | 7.49% | -0.38% | +2.98% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.91% | -0.90% | +9.03% | |
| 3 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 5.03% | -0.39% | +7.24% | |
| 4 | HON | Honeywell International Inc | 股票-工业 | 4.72% | -2.86% | EXIT | |
| 5 | BAC 7.25 PERP L债券 | Bank Of America CORP | 债券 | 4.64% | -0.46% | — | |
| 6 | ADI | Analog Devices Inc | 股票-科技 | 4.62% | -1.88% | +1.89% | |
| 7 | RTX | Rtx CORP | 股票-工业 | 4.19% | -0.67% | -6.07% | |
| 8 | PM | Philip Morris International | 股票-非周期性消费 | 3.89% | -0.14% | — | |
| 9 | BDX | Becton Dickinson And Co | 股票-医疗保健 | 3.80% | -0.33% | +5.20% | |
| 10 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.76% | -0.23% | -30.93% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 3.75% | -0.70% | +5.34% | |
| 12 | SPGI | S&p Global Inc | 股票-金融 | 3.72% | -0.83% | +0.06% | |
| 13 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.75% | -0.78% | — | |
| 14 | DHR | Danaher CORP | 股票-医疗保健 | 2.67% | -0.93% | +4.96% | |
| 15 | BAC | Bank Of America CORP | 股票-金融 | 2.59% | -0.23% | -7.50% | |
| 16 | ICE | Intercontinental Exchange In | 股票-金融 | 2.52% | -0.45% | — | |
| 17 | V | Visa Inc-class A Shares | 股票-金融 | 2.39% | -0.13% | -8.67% | |
| 18 | WMB | Williams Cos Inc | 股票-能源 | 2.29% | -0.32% | — | |
| 19 | TXN | Texas Instruments Inc | 股票-科技 | 2.16% | +0.04% | +2.68% | |
| 20 | AKX | Ansys Inc | 股票-其他 | 2.10% | — | +289.42% | |
| 21 | ENTG | Entegris Inc | 股票-科技 | 2.01% | +0.32% | +401.27% | |
| 22 | TDY | Teledyne Technologies Inc | 股票-科技 | 1.91% | -0.16% | — | |
| 23 | WFC 7.5 PERP L债券 | Wells Fargo & Company | 债券 | 1.89% | -0.27% | -0.17% | |
| 24 | PHYS | Sprott Physical Gold Trust | 股票-其他 | 1.58% | -0.49% | -2.25% | |
| 25 | ADSK | Autodesk Inc | 股票-科技 | 1.50% | — | +0.10% | |
| 26 | AMAT | Applied Materials Inc | 股票-科技 | 1.45% | +1.08% | +30.48% | |
| 27 | FERG | Ferguson Enterprises Inc | 股票-工业 | 1.32% | -0.16% | — | |
| 28 | LIN | Linde plc | 股票-原材料 | 1.01% | -0.38% | — | |
| 29 | ASML | ASML Holding N.V. | 股票-科技 | 0.82% | +0.58% | +140.58% | |
| 30 | 6D8 | Dupont De Nemours Inc | 股票-其他 | 0.66% | — | +9.02% | |
| 31 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.61% | -0.14% | +175.80% | |
| 32 | UNP | Union Pacific CORP | 股票-工业 | 0.58% | — | — | |
| 33 | LRCX | Lam Research CORP | 股票-科技 | 0.55% | +0.18% | +69.40% | |
| 34 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.46% | +0.75% | +2.43% | |
| 35 | NOC | Northrop Grumman CORP | 股票-工业 | 0.46% | -0.03% | — | |
| 36 | EL | Estee Lauder Companies-cl A | 股票-非周期性消费 | 0.44% | — | +16.32% | |
| 37 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 0.44% | -0.18% | +8.11% | |
| 38 | VEU | Vanguard Ftse All-world Ex-u | ETF-其他 | 0.43% | -0.02% | — | |
| 39 | CSGP | Costar Group Inc | 股票-房地产 | 0.40% | — | +46.97% | |
| 40 | CP | Canadian Pacific Kansas City | 股票-工业 | 0.37% | — | +18.04% | |
| 41 | MOAT | Vaneck Morningstar Wide Moat | ETF-其他 | 0.30% | -0.02% | — | |
| 42 | ADBE | Adobe Inc | 股票-科技 | 0.28% | — | +42.82% | |
| 43 | SPGP | Invesco S&p 500 Garp ETF | ETF-大型股与成长 | 0.26% | -0.01% | — | |
| 44 | AAPL | Apple Inc | 股票-科技 | 0.26% | -0.01% | — | |
| 45 | UL | Unilever PLC | 股票-非周期性消费 | 0.24% | — | — | |
| 46 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股与成长 | 0.23% | -0.03% | — | |
| 47 | IHI | Ishares U.s. Medical Devices | ETF-其他 | 0.20% | -0.03% | — | |
| 48 | HD | Home Depot Inc | 股票-周期性消费 | 0.19% | -0.01% | -3.09% | |
| 49 | ROP | Roper Technologies Inc | 股票-科技 | 0.18% | — | — | |
| 50 | SYK | Stryker CORP | 股票-医疗保健 | 0.18% | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ENTG | Entegris Inc | +1.5% | +401.27% | 加仓 |
| 2 | AKX | Ansys Inc | +1.5% | +289.42% | 加仓 |
| 3 | FERG | Ferguson Enterprises Inc | +1.3% | NEW | 新建仓 |
| 4 | PM | Philip Morris International | +0.8% | — | 不变 |
| 5 | ASML | ASML Holding N.V. | +0.5% | +140.58% | 加仓 |
| 6 | PEP | Pepsico Inc | +0.4% | +175.80% | 加仓 |
| 7 | ICE | Intercontinental Exchange In | +0.2% | — | 不变 |
| 8 | LRCX | Lam Research CORP | +0.2% | +69.40% | 加仓 |
| 9 | ROP | Roper Technologies Inc | +0.2% | NEW | 新建仓 |
| 10 | PHYS | Sprott Physical Gold Trust | +0.2% | -2.25% | 减仓 |
| 11 | AMAT | Applied Materials Inc | +0.2% | +30.48% | 加仓 |
| 12 | CSGP | Costar Group Inc | +0.1% | +46.97% | 加仓 |
| 13 | WMB | Williams Cos Inc | +0.1% | — | 不变 |
| 14 | RTX | Rtx CORP | +0.1% | -6.07% | 减仓 |
| 15 | AME | Ametek Inc | +0.1% | NEW | 新建仓 |
| 16 | BWXT | Bwx Technologies Inc | +0.1% | NEW | 新建仓 |
| 17 | ORCL | Oracle CORP | +0.1% | NEW | 新建仓 |
| 18 | BDX | Becton Dickinson And Co | +0.1% | +5.20% | 加仓 |
| 19 | LIN | Linde plc | +0.1% | — | 不变 |
| 20 | ✓ | Marketwise Inc | +0.1% | NEW | 新建仓 |
| 21 | TDY | Teledyne Technologies Inc | 0% | — | 不变 |
| 22 | ADBE | Adobe Inc | 0% | +42.82% | 加仓 |
| 23 | GDX | Vaneck Gold Miners ETF | 0% | — | 不变 |
| 24 | CP | Canadian Pacific Kansas City | 0% | +18.04% | 加仓 |
| 25 | NVDA | Nvidia CORP | 0% | +58.86% | 加仓 |
| 26 | NOC | Northrop Grumman CORP | 0% | — | 不变 |
| 27 | TPL | Texas Pacific Land CORP | 0% | — | 不变 |
| 28 | MARA | Mara Holdings Inc | 0% | +92.31% | 加仓 |
| 29 | 6D8 | Dupont De Nemours Inc | 0% | +9.02% | 加仓 |
| 30 | AAPL | Apple Inc | -0.1% | — | 不变 |
| 31 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.1% | EXIT | 清仓 |
| 32 | AVGO | Broadcom Inc | -0.1% | EXIT | 清仓 |
| 33 | DIS | Walt Disney Co/the | -0.1% | EXIT | 清仓 |
| 34 | V | Visa Inc-class A Shares | -0.1% | -8.67% | 减仓 |
| 35 | SPGI | S&p Global Inc | -0.1% | +0.06% | 加仓 |
| 36 | TMO | Thermo Fisher Scientific Inc | -0.1% | +7.24% | 加仓 |
| 37 | GFL | Gfl Environmental Inc-sub Vt | -0.1% | -43.49% | 减仓 |
| 38 | TXN | Texas Instruments Inc | -0.1% | +2.68% | 加仓 |
| 39 | BAC 7.25 PERP L债券 | Bank Of America CORP | -0.2% | — | 不变 |
| 40 | ADSK | Autodesk Inc | -0.3% | +0.10% | 加仓 |
| 41 | DEO | Diageo Plc-sponsored Adr | -0.3% | -56.56% | 减仓 |
| 42 | DHR | Danaher CORP | -0.3% | +4.96% | 加仓 |
| 43 | ADI | Analog Devices Inc | -0.4% | +1.89% | 加仓 |
| 44 | HON | Honeywell International Inc | -0.5% | +1.60% | 加仓 |
| 45 | BAC | Bank Of America CORP | -0.5% | -7.50% | 减仓 |
| 46 | MSFT | Microsoft CORP | -0.5% | +9.03% | 加仓 |
| 47 | GOOG | Alphabet Inc-cl C | -0.8% | — | 不变 |
| 48 | GOOGL | Alphabet Inc-cl A | -0.8% | +5.34% | 加仓 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | -1.1% | -30.93% | 减仓 |
| 50 | AMZN | Amazon.com Inc | -1.3% | +2.98% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Phraction Management LLC 在 Q1 2025 季度的美股持仓总市值约为 US$6.0亿，共申报了 74 个公开持股仓位。
在 Q1 2025 季度，Phraction Management LLC 按市值排列的前三大核心持股分别为：AMZN (7.5%)、MSFT (6.9%)、TMO (5.0%)。其中最大持股仓位 AMZN 占据整体投资组合约 7.5% 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
FERG
市值: US$394.9万
本季最大获利了结 / 清仓标的
AVGO
前期市值: US$23.2万
在 Q1 2025 季度中，Phraction Management LLC 共进行了 39 项持仓异动，包含新建仓 6 个仓位、加仓 23 个仓位、减仓 7 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 FERG。 本季清仓仓位包含 AVGO。
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。