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: 0001804352
申报总市值
US$4.0亿
US$4.0亿
78 檔
39.5%
在 Q4 2025 的 13F 官方备案中，Ping Capital Management, Inc. 管理的美股投资组合规模来到 US$4.0亿，整体持股档数为 78 档。
Ping Capital Management, Inc. 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 7 个全新仓位及加仓 20 档持股的同时，亦同步清仓 7 档并减仓 15 档标的。
在资产配置集中度方面，Ping Capital Management, Inc. 的前 5 大核心持股（包含 YPF, INVESCO QQQ TRUST, GGAL 等）合计占整体申报市值的 39.5%，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 | YPF | Ypf S.a.-sponsored Adr | 股票-其他 | 20.26% | +0.09% | -3.39% | |
| 2 | ✓ | Invesco Qqq Trust | 股票-其他 | 7.72% | -9.10% | EXIT | |
| 3 | GGAL | Grupo Financiero Galicia-adr | 股票-其他 | 6.99% | +3.45% | +10.49% | |
| 4 | PAM | Pampa Energia Sa-spon Adr | 股票-其他 | 5.42% | -0.78% | -11.94% | |
| 5 | ✓ | Spdr S&P 500 Etf Tr Put Option | ETF-大型股与成长 | 5.16% | -3.99% | EXIT | |
| 6 | KWEB | Kranesh Csi China Internet | ETF-新兴市场 | 4.85% | +0.32% | +120.00% | |
| 7 | ✓ | Invesco QQQ Tr Put Option 06/2 | 股票-其他 | 4.73% | — | +18.06% | |
| 8 | FXI | Ishares China Large-cap ETF | ETF-新兴市场 | 4.13% | -0.34% | +435.71% | |
| 9 | BBAR | Bbva Argentina Sa-adr | 股票-其他 | 4.06% | +0.35% | -25.66% | |
| 10 | VIST | Vista Energy Sab De Cv | 股票-其他 | 3.15% | -0.20% | +81.52% | |
| 11 | BMA | Banco Macro Sa-adr | 股票-其他 | 3.10% | +0.15% | -2.84% | |
| 12 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.56% | +6.43% | +28.32% | |
| 13 | EWZ | Ishares Msci Brazil ETF | ETF-其他 | 2.10% | -0.42% | -6.13% | |
| 14 | MSFT | Microsoft Corporation | 股票-科技 | 2.09% | -5.06% | EXIT | |
| 15 | SUPV | Grupo Supervielle Sa-sp Adr | 股票-其他 | 1.48% | -0.15% | +25.98% | |
| 16 | XOP | Ss Spdr S&p Og Exp & Prod | ETF-其他 | 1.45% | — | +21.21% | |
| 17 | PBR | Petroleo Brasileiro-spon Adr | 股票-能源 | 1.34% | -0.22% | +46.31% | |
| 18 | NVDA | NVIDIA Corporation | 股票-科技 | 1.30% | -0.46% | EXIT | |
| 19 | AAPL | Apple Inc | 股票-科技 | 1.28% | +1.64% | +22.39% | |
| 20 | AAPL | Apple Inc. | 股票-科技 | 1.25% | -1.25% | EXIT | |
| 21 | VOO | Vanguard S&P 500 ETF | ETF-大型股与成长 | 0.96% | -1.23% | EXIT | |
| 22 | TGS | Transportador Gas-adr Sp B | 股票-其他 | 0.92% | +0.03% | — | |
| 23 | ASHR | Xtrackers Harvest Csi 300 Ch | ETF-其他 | 0.83% | -0.17% | — | |
| 24 | TSLA | Tesla, Inc. | 股票-周期性消费 | 0.81% | -0.20% | EXIT | |
| 25 | TMF | Dir Dly 20+yr Tr Bl3x Etf-ui | ETF-其他 | 0.73% | -0.04% | -1.45% | |
| 26 | CEPU | Central Puerto-sponsored Adr | 股票-其他 | 0.64% | -0.07% | -18.06% | |
| 27 | SPY | State Street SPDR S&P 500 ETF Trust | ETF-大型股与成长 | 0.59% | -0.07% | EXIT | |
| 28 | LMT | Lockheed Martin Corporation | 股票-工业 | 0.56% | — | — | |
| 29 | ALB | Albemarle CORP | 股票-原材料 | 0.53% | -0.13% | EXIT | |
| 30 | TSLA | Tesla, Inc. | 股票-周期性消费 | 0.50% | -1.42% | EXIT | |
| 31 | CRESY | Cresud S.a.-spons Adr | 股票-其他 | 0.49% | -0.06% | +11.61% | |
| 32 | ✓ | Ishares Tr | 股票-其他 | 0.46% | -0.47% | EXIT | |
| 33 | IRS | Irsa -sp Adr | 股票-其他 | 0.46% | -0.12% | +3.70% | |
| 34 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.46% | +0.32% | — | |
| 35 | EDN | Emp Distrib Y Comerc Nor-adr | 股票-其他 | 0.45% | +0.82% | +3.97% | |
| 36 | ✓ | Amazon Com Inc | 股票-其他 | 0.42% | -0.16% | EXIT | |
| 37 | XLE | Ss Energy Select Sector | ETF-其他 | 0.39% | — | +100.00% | |
| 38 | ✓ | Corporacion Amer Arpts S A | 股票-其他 | 0.35% | -0.12% | +17.72% | |
| 39 | JD | Jd.com Inc-adr | 股票-周期性消费 | 0.35% | -0.16% | — | |
| 40 | LOMA | Loma Negra Cia Ind-spon Adr | 股票-其他 | 0.34% | -0.01% | -39.54% | |
| 41 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.29% | -0.03% | +20.00% | |
| 42 | ✓ | Adeco Agro | 股票-其他 | 0.27% | +0.12% | +20.10% | |
| 43 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.25% | +3.43% | — | |
| 44 | LI | Li Auto Inc - Adr | 股票-其他 | 0.22% | -0.05% | — | |
| 45 | UNH | UnitedHealth Group Incorporated | 股票-医疗保健 | 0.22% | -0.56% | EXIT | |
| 46 | GOOG | Alphabet Inc. | 股票-通信服务 | 0.18% | -1.56% | EXIT | |
| 47 | PFE | Pfizer Inc | 股票-医疗保健 | 0.18% | +0.07% | +66.67% | |
| 48 | ✓ | Lithium Argentina AG F | 股票-其他 | 0.16% | -0.05% | — | |
| 49 | ✓ | J P Morgan Exchange Traded F | 股票-其他 | 0.15% | — | -9.80% | |
| 50 | GOOG | Alphabet Inc. | 股票-通信服务 | 0.14% | — | +50.00% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | YPF | Ypf S.a.-sponsored Adr | +3.6% | -3.39% | 减仓 |
| 2 | GGAL | Grupo Financiero Galicia-adr | +3.2% | +10.49% | 加仓 |
| 3 | FXI | Ishares China Large-cap ETF | +3.2% | +435.71% | 加仓 |
| 4 | VIST | Vista Energy Sab De Cv | +1.7% | +81.52% | 加仓 |
| 5 | KWEB | Kranesh Csi China Internet | +1.6% | +120.00% | 加仓 |
| 6 | BMA | Banco Macro Sa-adr | +1.3% | -2.84% | 减仓 |
| 7 | BBAR | Bbva Argentina Sa-adr | +1.1% | -25.66% | 减仓 |
| 8 | MSFT | Microsoft Corporation | +0.9% | +127.27% | 加仓 |
| 9 | SUPV | Grupo Supervielle Sa-sp Adr | +0.9% | +25.98% | 加仓 |
| 10 | NVDA | NVIDIA Corporation | +0.8% | +196.34% | 加仓 |
| 11 | PAM | Pampa Energia Sa-spon Adr | +0.5% | -11.94% | 减仓 |
| 12 | TSLA | Tesla, Inc. | +0.4% | +457.14% | 加仓 |
| 13 | VOO | Vanguard S&P 500 ETF | +0.4% | +90.43% | 加仓 |
| 14 | QQQ | Invesco Qqq Trust Series 1 | +0.3% | +28.32% | 加仓 |
| 15 | CEPU | Central Puerto-sponsored Adr | +0.2% | -18.06% | 减仓 |
| 16 | PBR | Petroleo Brasileiro-spon Adr | +0.2% | +46.31% | 加仓 |
| 17 | TGS | Transportador Gas-adr Sp B | +0.2% | — | 不变 |
| 18 | EDN | Emp Distrib Y Comerc Nor-adr | +0.2% | +3.97% | 加仓 |
| 19 | AAPL | Apple Inc | +0.1% | +22.39% | 加仓 |
| 20 | CRESY | Cresud S.a.-spons Adr | +0.1% | +11.61% | 加仓 |
| 21 | ✓ | Corporacion Amer Arpts S A | +0.1% | +17.72% | 加仓 |
| 22 | ✓ | Invesco QQQ Tr Put Option 06/2 | +0.1% | +18.06% | 加仓 |
| 23 | ALB | Albemarle CORP | +0.1% | -19.25% | 减仓 |
| 24 | IRS | Irsa -sp Adr | +0.1% | +3.70% | 加仓 |
| 25 | TSLA | Tesla, Inc. | +0.1% | +26.00% | 加仓 |
| 26 | XOP | Ss Spdr S&p Og Exp & Prod | 0% | +21.21% | 加仓 |
| 27 | AAPL | Apple Inc. | -0.1% | +5.96% | 加仓 |
| 28 | BA | The Boeing Company | -0.2% | -50.00% | 减仓 |
| 29 | GOOG | Alphabet Inc. | -0.2% | -60.00% | 减仓 |
| 30 | IBB | Ishares Biotechnology ETF | -0.3% | -75.00% | 减仓 |
| 31 | VALE | Vale Sa-sp Adr | -0.4% | -73.57% | 减仓 |
| 32 | UNH | UnitedHealth Group Incorporated | -0.4% | -58.18% | 减仓 |
| 33 | JEPQ | JPM Nasdaq Equity Premium | -0.6% | -83.24% | 减仓 |
| 34 | MCHX | Marchex, Inc. | -0.9% | -90.91% | 减仓 |
| 35 | ✓ | Spdr S&P 500 Etf Tr Put Option | -1.6% | -11.74% | 减仓 |
| 36 | ✓ | Invesco Qqq Trust | -15.6% | -61.80% | 减仓 |
| 37 | CHAU | Dd Csi 300 Ch A Sb 2x Etf-us | — | EXIT | 清仓 |
| 38 | YINN | Direxion Dly Ftse Ch Bl3x-ui | — | EXIT | 清仓 |
| 39 | ASHR | Xtrackers Harvest Csi 300 Ch | — | NEW | 新建仓 |
| 40 | SPY | State Street SPDR S&P 500 ETF Trust | — | NEW | 新建仓 |
| 41 | LMT | Lockheed Martin Corporation | — | NEW | 新建仓 |
| 42 | UNH | Unitedhealth Group Inc | — | NEW | 新建仓 |
| 43 | JD | Jd.com Inc-adr | — | NEW | 新建仓 |
| 44 | IWM | Ishares Russell 2000 ETF | — | EXIT | 清仓 |
| 45 | SPY | Ss Spdr S&p 500 ETF Trust-us | — | NEW | 新建仓 |
| 46 | SMHC | VanEck China Semiconductor ETF | — | EXIT | 清仓 |
| 47 | LI | Li Auto Inc - Adr | — | NEW | 新建仓 |
| 48 | EWW | Ishares Msci Mexico ETF | — | EXIT | 清仓 |
| 49 | XLV | Ss Health Care Select Sector | — | EXIT | 清仓 |
| 50 | ARKG | Ark Genomic Revolution ETF | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Ping Capital Management, Inc. 在 Q4 2025 季度的美股持仓总市值约为 US$4.0亿，共申报了 78 个公开持股仓位。
在 Q4 2025 季度，Ping Capital Management, Inc. 按市值排列的前三大核心持股分别为：YPF (20.3%)、INVESCO QQQ TRUST (7.7%)、GGAL (7.0%)。其中最大持股仓位 YPF 占据整体投资组合约 20.3% 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
ASHR
市值: US$289.1万
本季最大获利了结 / 清仓标的
CHAU
前期市值: US$357.9万
在 Q4 2025 季度中，Ping Capital Management, Inc. 共进行了 49 项持仓异动，包含新建仓 7 个仓位、加仓 20 个仓位、减仓 15 个仓位以及清仓 7 个仓位。 其中最大新建仓标的为 ASHR。 本季清仓仓位包含 CHAU。
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。