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: 0001256071
申报总市值
US$4.1亿
US$4.1亿
124 檔
27.5%
截至 Q4 2025 季度末，Platinum Investment Management LTD 的美股持仓估值约为 US$4.1亿，全数申报仓位共有 124 档。
在 Q4 2025，Platinum Investment Management LTD 展现出较为审慎的避险与获利了结姿态。本季共减仓 84 个仓位并完全清仓 18 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，Platinum Investment Management LTD 的前 5 大核心持股（包含 ZTO, TCOM, DDL 等）合计占整体申报市值的 27.5%，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 | ZTO | Zto Express Cayman Inc-adr | 股票-其他 | 9.63% | -1.68% | -11.20% | |
| 2 | TCOM | Trip.com Group Ltd-adr | 股票-周期性消费 | 7.37% | -1.32% | -6.41% | |
| 3 | DDL | Dingdong Cayman LTD -spn Adr | 股票-其他 | 3.72% | -1.12% | -3.25% | |
| 4 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.67% | +0.36% | -71.46% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.47% | +0.39% | -85.51% | |
| 6 | NOAH | Noah Holdings Ltd-spon Ads | 股票-其他 | 2.46% | -0.04% | -17.93% | |
| 7 | BIRK | Birkenstock Holding plc | 股票-其他 | 2.34% | -0.26% | -4.77% | |
| 8 | LRCX | Lam Research CORP | 股票-科技 | 2.21% | +2.45% | -90.29% | |
| 9 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 2.06% | -0.55% | -11.37% | |
| 10 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.66% | — | -26.69% | |
| 11 | MU | Micron Technology Inc | 股票-科技 | 1.64% | +3.04% | -94.70% | |
| 12 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.59% | +0.21% | -91.87% | |
| 13 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 1.54% | +0.08% | -93.26% | |
| 14 | FICO | Fair Isaac CORP | 股票-科技 | 1.51% | -0.03% | -25.20% | |
| 15 | GPCR | Structure Therapeutics Inc | 股票-其他 | 1.41% | +0.38% | -28.42% | |
| 16 | VERA | Vera Therapeutics Inc | 股票-其他 | 1.40% | +0.05% | -25.27% | |
| 17 | YUM | Yum! Brands Inc | 股票-周期性消费 | 1.39% | +0.01% | -90.82% | |
| 18 | IQV | Iqvia Holdings Inc | 股票-医疗保健 | 1.39% | +0.12% | -92.74% | |
| 19 | AS | Amer Sports, Inc. | 股票-周期性消费 | 1.38% | -0.08% | -11.11% | |
| 20 | ARWR | Arrowhead Pharmaceuticals In | 股票-医疗保健 | 1.37% | +0.28% | -19.40% | |
| 21 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.33% | +0.03% | -93.48% | |
| 22 | RCI | Rogers Communications Inc-b | 股票-其他 | 1.29% | -0.24% | -91.36% | |
| 23 | HTHT | H World Group Ltd-adr | 股票-其他 | 1.28% | -0.29% | -35.56% | |
| 24 | UBS | UBS Group AG | 股票-金融 | 1.27% | +0.30% | -91.85% | |
| 25 | ZTS | Zoetis Inc | 股票-医疗保健 | 1.22% | -1.07% | +5.00% | |
| 26 | NVDA | Nvidia CORP | 股票-科技 | 1.22% | +0.15% | — | |
| 27 | APGE | Apogee Therapeutics Inc | 股票-其他 | 1.21% | +0.66% | -26.16% | |
| 28 | UBER | Uber Technologies Inc | 股票-工业 | 1.19% | — | -12.57% | |
| 29 | ICE | Intercontinental Exchange In | 股票-金融 | 1.19% | -0.23% | -94.65% | |
| 30 | V | Visa Inc-class A Shares | 股票-金融 | 1.19% | +0.04% | -39.53% | |
| 31 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.16% | -0.87% | EXIT | |
| 32 | ADBE | Adobe Inc | 股票-科技 | 1.12% | -0.20% | -92.75% | |
| 33 | IMVT | Immunovant Inc | 股票-其他 | 1.07% | +0.23% | -7.13% | |
| 34 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.07% | +0.18% | -6.67% | |
| 35 | HD | Home Depot Inc | 股票-周期性消费 | 1.06% | -0.08% | -5.00% | |
| 36 | 430 | Terns Pharmaceuticals Inc | 股票-其他 | 1.03% | -1.47% | EXIT | |
| 37 | CSGP | Costar Group Inc | 股票-房地产 | 1.01% | -0.51% | +18.18% | |
| 38 | COGT | Cogent Biosciences Inc | 股票-其他 | 1.00% | +0.38% | -44.77% | |
| 39 | FND | Floor & Decor Holdings Inc-a | 股票-周期性消费 | 0.97% | +0.05% | +14.83% | |
| 40 | IDYA | Ideaya Biosciences Inc | 股票-其他 | 0.96% | +0.50% | -27.75% | |
| 41 | KR | Kroger Co | 股票-非周期性消费 | 0.96% | — | -84.34% | |
| 42 | MSFT | Microsoft CORP | 股票-科技 | 0.96% | -0.39% | EXIT | |
| 43 | ROIV | Roivant Sciences Ltd. | 股票-医疗保健 | 0.95% | +0.15% | -21.00% | |
| 44 | WVE | Wave Life Sciences Ltd. | 股票-其他 | 0.91% | -0.11% | -13.86% | |
| 45 | 260 | Centessa Pharmaceuticals-adr | 股票-其他 | 0.90% | -1.38% | EXIT | |
| 46 | CCJ | Cameco CORP | 股票-能源 | 0.90% | -0.10% | -93.72% | |
| 47 | TRU | Transunion | 股票-金融 | 0.88% | +0.01% | -92.74% | |
| 48 | BBIO | Bridgebio Pharma Inc | 股票-医疗保健 | 0.84% | -0.19% | -23.28% | |
| 49 | WWW | Wolverine World Wide Inc | 股票-其他 | 0.84% | — | — | |
| 50 | ✓ | Adc Therapeutics SA | 股票-其他 | 0.81% | -0.79% | -14.35% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ZTO | Zto Express Cayman Inc-adr | +6.8% | -11.20% | 减仓 |
| 2 | TCOM | Trip.com Group Ltd-adr | +5.1% | -6.41% | 减仓 |
| 3 | DDL | Dingdong Cayman LTD -spn Adr | +2.8% | -3.25% | 减仓 |
| 4 | BIRK | Birkenstock Holding plc | +1.6% | -4.77% | 减仓 |
| 5 | NOAH | Noah Holdings Ltd-spon Ads | +1.5% | -17.93% | 减仓 |
| 6 | PDD | Pdd Holdings Inc | +1.3% | -11.37% | 减仓 |
| 7 | GPCR | Structure Therapeutics Inc | +1.2% | -28.42% | 减仓 |
| 8 | ARWR | Arrowhead Pharmaceuticals In | +1.1% | -19.40% | 减仓 |
| 9 | VERA | Vera Therapeutics Inc | +1.1% | -25.27% | 减仓 |
| 10 | AMZN | Amazon.com Inc | +1.1% | -26.69% | 减仓 |
| 11 | FICO | Fair Isaac CORP | +1% | -25.20% | 减仓 |
| 12 | AS | Amer Sports, Inc. | +1% | -11.11% | 减仓 |
| 13 | 430 | Terns Pharmaceuticals Inc | +1% | -11.52% | 减仓 |
| 14 | APGE | Apogee Therapeutics Inc | +1% | -26.16% | 减仓 |
| 15 | NVDA | Nvidia CORP | +0.9% | — | 不变 |
| 16 | IMVT | Immunovant Inc | +0.9% | -7.13% | 减仓 |
| 17 | ZTS | Zoetis Inc | +0.8% | +5.00% | 加仓 |
| 18 | HTHT | H World Group Ltd-adr | +0.8% | -35.56% | 减仓 |
| 19 | COGT | Cogent Biosciences Inc | +0.8% | -44.77% | 减仓 |
| 20 | WVE | Wave Life Sciences Ltd. | +0.8% | -13.86% | 减仓 |
| 21 | UBER | Uber Technologies Inc | +0.7% | -12.57% | 减仓 |
| 22 | ROIV | Roivant Sciences Ltd. | +0.7% | -21.00% | 减仓 |
| 23 | META | Meta Platforms Inc-class A | +0.7% | -6.67% | 减仓 |
| 24 | CSGP | Costar Group Inc | +0.7% | +18.18% | 加仓 |
| 25 | HD | Home Depot Inc | +0.7% | -5.00% | 减仓 |
| 26 | FND | Floor & Decor Holdings Inc-a | +0.7% | +14.83% | 加仓 |
| 27 | IDYA | Ideaya Biosciences Inc | +0.7% | -27.75% | 减仓 |
| 28 | MSFT | Microsoft CORP | +0.7% | — | 不变 |
| 29 | V | Visa Inc-class A Shares | +0.7% | -39.53% | 减仓 |
| 30 | GOOG | Alphabet Inc-cl C | +0.6% | -71.46% | 减仓 |
| 31 | BBIO | Bridgebio Pharma Inc | +0.6% | -23.28% | 减仓 |
| 32 | 260 | Centessa Pharmaceuticals-adr | +0.6% | -16.79% | 减仓 |
| 33 | RCUS | Arcus Biosciences Inc | +0.6% | -12.72% | 减仓 |
| 34 | MA | Mastercard Inc - A | +0.6% | +10.06% | 加仓 |
| 35 | ✓ | Adc Therapeutics SA | +0.5% | -14.35% | 减仓 |
| 36 | ZYME | Zymeworks Inc | +0.5% | -15.71% | 减仓 |
| 37 | WWW | Wolverine World Wide Inc | +0.5% | — | 不变 |
| 38 | ISRG | Intuitive Surgical Inc | +0.5% | — | 不变 |
| 39 | ELF | Elf Beauty Inc | +0.5% | +40.00% | 加仓 |
| 40 | BROS | Dutch Bros Inc-class A | +0.5% | +50.00% | 加仓 |
| 41 | ✓ | Proqr Therapeutics N.v. | +0.4% | — | 不变 |
| 42 | KLAC | Kla CORP | +0.4% | -20.41% | 减仓 |
| 43 | VEEV | Veeva Systems Inc-class A | +0.4% | — | 不变 |
| 44 | WING | Wingstop Inc | +0.3% | +33.33% | 加仓 |
| 45 | IDXX | Idexx Laboratories Inc | +0.3% | -14.29% | 减仓 |
| 46 | RVMD | Revolution Medicines Inc | +0.3% | -9.35% | 减仓 |
| 47 | DRUG | Bright Minds Biosciences Inc | +0.3% | -23.24% | 减仓 |
| 48 | GOSS | Gossamer Bio Inc | +0.3% | -26.46% | 减仓 |
| 49 | VRT | Vertiv Holdings Co-a | +0.3% | -37.04% | 减仓 |
| 50 | STOK | Stoke Therapeutics Inc | +0.3% | +24.05% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Platinum Investment Management LTD 在 Q4 2025 季度的美股持仓总市值约为 US$4.1亿，共申报了 124 个公开持股仓位。
在 Q4 2025 季度，Platinum Investment Management LTD 按市值排列的前三大核心持股分别为：ZTO (9.6%)、TCOM (7.4%)、DDL (3.7%)。其中最大持股仓位 ZTO 占据整体投资组合约 9.6% 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
CAT
市值: US$315.1万
本季最大获利了结 / 清仓标的
FLUT
前期市值: US$592.5万
在 Q4 2025 季度中，Platinum Investment Management LTD 共进行了 132 项持仓异动，包含新建仓 22 个仓位、加仓 8 个仓位、减仓 84 个仓位以及清仓 18 个仓位。 其中最大新建仓标的为 CAT。 本季清仓仓位包含 FLUT。
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。