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: 0001143565
申报总市值
US$10.9亿
US$10.9亿
191 檔
30.3%
根据最新整理的 13F 季度数据集，Rational Advisors, Inc. 于 Q2 2025 结束时的管理资产规模为 US$10.9亿。该机构在本季度申报了 191 档美股持仓，呈现出该时期的主要投资地图。
Rational Advisors, Inc. 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 8 个全新仓位及加仓 17 档持股的同时，亦同步清仓 6 档并减仓 19 档标的。
在资产配置集中度方面，Rational Advisors, Inc. 的前 5 大核心持股（包含 BND, SPAB, AGG 等）合计占整体申报市值的 30.3%，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 | BND | Vanguard Total Bond Market | ETF-其他 | 7.53% | -0.61% | -3.88% | |
| 2 | SPAB | Ss Spdr P Agg Bond ETF | ETF-其他 | 7.53% | — | -3.83% | |
| 3 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 7.52% | -0.61% | -3.99% | |
| 4 | MLPX | Global X Mlp & Energy Infras | ETF-其他 | 5.07% | -0.57% | -0.91% | |
| 5 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 5.07% | -0.34% | -7.15% | |
| 6 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 4.65% | -0.58% | -2.37% | |
| 7 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 4.22% | +1.28% | -37.20% | |
| 8 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 4.13% | -0.55% | +14.16% | |
| 9 | NTSX | Wisdomtree US Efficient Core | ETF-其他 | 3.86% | -3.10% | -13.85% | |
| 10 | SCHH | Schwab US Reit ETF | ETF-其他 | 3.25% | +0.30% | -12.53% | |
| 11 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 2.90% | -0.50% | +0.48% | |
| 12 | SPHY | Ss Spdr P High Yield ETF | ETF-非投资级债 | 2.49% | — | -3.65% | |
| 13 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 2.33% | -1.37% | +52.69% | |
| 14 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 2.22% | +1.05% | -3.27% | |
| 15 | PFFD | Global X US Preferred ETF | ETF-其他 | 2.06% | -0.19% | +0.77% | |
| 16 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股与成长 | 1.67% | -0.11% | -4.52% | |
| 17 | DFCF | Dimensional Core Fixed Inc | ETF-其他 | 1.66% | -0.12% | -3.69% | |
| 18 | SCHI | Schwab 5-10 Year Corporate B | ETF-投资级公司债 | 1.24% | +0.38% | NEW | |
| 19 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | 债券 | 1.04% | -0.10% | +13.98% | |
| 20 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.00% | -0.04% | +114.05% | |
| 21 | BAC 7.25 PERP L债券 | Bank Of America CORP | 债券 | 0.97% | -0.05% | +5.23% | |
| 22 | WFC 7.5 PERP L债券 | Wells Fargo & Company | 债券 | 0.95% | -1.11% | +5.13% | |
| 23 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.92% | — | +33.33% | |
| 24 | DXCM 0.25 11-15-25债券 | Dexcom Inc | 债券 | 0.89% | — | — | |
| 25 | APO 6.75 07-31-26债券 | Apollo Global Management | 债券 | 0.86% | — | +43.32% | |
| 26 | MBB | Ishares Mbs ETF | ETF-其他 | 0.83% | — | +97.65% | |
| 27 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | 债券 | 0.81% | -0.03% | — | |
| 28 | PPL 2.875 03-15-28债券 | Ppl Capital Funding Inc | 债券 | 0.78% | -0.14% | -22.68% | |
| 29 | DKNG 0 03-15-28债券 | Draftkings Holdings Inc | 债券 | 0.77% | -0.04% | — | |
| 30 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | 债券 | 0.74% | +0.18% | +16.07% | |
| 31 | LNT 3.875 03-15-26债券 | Alliant Energy CORP | 债券 | 0.71% | — | -14.66% | |
| 32 | OKTA 0.375 06-15-26债券 | Okta Inc | 债券 | 0.70% | — | +16.71% | |
| 33 | AWK 3.625 06-15-26债券 | American Water Capital C | 债券 | 0.70% | — | +26.26% | |
| 34 | ETSY 0.25 06-15-28债券 | Etsy Inc | 债券 | 0.68% | -0.08% | +17.37% | |
| 35 | MSFT | Microsoft CORP | 股票-科技 | 0.64% | -0.26% | +35.57% | |
| 36 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.64% | -0.09% | -43.86% | |
| 37 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | 债券 | 0.61% | +0.12% | +61.03% | |
| 38 | VTR 3.75 06-01-26债券 | Ventas Realty LP | 债券 | 0.60% | — | -21.04% | |
| 39 | GPN 1.5 03-01-31债券 | Global Payments Inc | 债券 | 0.59% | -0.08% | — | |
| 40 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 0.56% | — | +44.33% | |
| 41 | NOW | Servicenow Inc | 股票-科技 | 0.52% | -0.20% | — | |
| 42 | WMT | Walmart Inc | 股票-非周期性消费 | 0.43% | -0.55% | +4.14% | |
| 43 | TDG | Transdigm Group Inc | 股票-工业 | 0.43% | +0.10% | +305.14% | |
| 44 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.42% | +0.71% | -0.33% | |
| 45 | BAB | Invesco Taxable Municipal Bo | ETF-其他 | 0.41% | -0.08% | -67.38% | |
| 46 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.41% | -0.06% | +2.57% | |
| 47 | TYL 0.25 03-15-26债券 | Tyler Technologies Inc | 债券 | 0.40% | — | — | |
| 48 | NFLX | Netflix Inc | 股票-通信服务 | 0.40% | +0.36% | -16.42% | |
| 49 | AAPL | Apple Inc | 股票-科技 | 0.39% | -0.12% | +34.53% | |
| 50 | APO | Apollo Global Management Inc | 股票-金融 | 0.38% | — | +24.40% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | IEFA | Ishares Core Msci Eafe ETF | +0.9% | +52.69% | 加仓 |
| 2 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | +0.8% | NEW | 新建仓 |
| 3 | META | Meta Platforms Inc-class A | +0.6% | +114.05% | 加仓 |
| 4 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +0.6% | +14.16% | 加仓 |
| 5 | NOW | Servicenow Inc | +0.5% | NEW | 新建仓 |
| 6 | MBB | Ishares Mbs ETF | +0.4% | +97.65% | 加仓 |
| 7 | SCHI | Schwab 5-10 Year Corporate B | +0.4% | +43.34% | 加仓 |
| 8 | BKNG | Booking Holdings Inc | +0.4% | +33.33% | 加仓 |
| 9 | COIN 0.25 04-01-30债券 | Coinbase Global Inc | +0.4% | NEW | 新建仓 |
| 10 | VEEV | Veeva Systems Inc-class A | +0.4% | NEW | 新建仓 |
| 11 | QQQM | Invesco Nasdaq 100 ETF | +0.3% | -7.15% | 减仓 |
| 12 | TDG | Transdigm Group Inc | +0.3% | +305.14% | 加仓 |
| 13 | MSFT | Microsoft CORP | +0.3% | +35.57% | 加仓 |
| 14 | APO 6.75 07-31-26债券 | Apollo Global Management | +0.3% | +43.32% | 加仓 |
| 15 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | +0.3% | +61.03% | 加仓 |
| 16 | AMT | American Tower CORP | +0.3% | NEW | 新建仓 |
| 17 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | +0.3% | +13.98% | 加仓 |
| 18 | ✓ | Cyberark Software LTD. Cmn | +0.2% | +44.33% | 加仓 |
| 19 | V | Visa Inc-class A Shares | +0.2% | +309.63% | 加仓 |
| 20 | TMUS | T-mobile US Inc | +0.2% | NEW | 新建仓 |
| 21 | MTH 1.75 05-15-28债券 | Meritage Homes CORP | +0.2% | NEW | 新建仓 |
| 22 | LLY | Eli Lilly & Co | +0.2% | +558.16% | 加仓 |
| 23 | PGR | Progressive CORP | +0.2% | +140.00% | 加仓 |
| 24 | UBER | Uber Technologies Inc | +0.2% | +96.93% | 加仓 |
| 25 | BN | Brookfield CORP | +0.2% | NEW | 新建仓 |
| 26 | KO | Coca-cola Co/the | +0.2% | +102.69% | 加仓 |
| 27 | LNT 3.875 03-15-26债券 | Alliant Energy CORP | -0.2% | -14.66% | 减仓 |
| 28 | MCD | Mcdonald's CORP | -0.2% | -90.88% | 减仓 |
| 29 | GOOGL | Alphabet Inc-cl A | -0.2% | -60.34% | 减仓 |
| 30 | TW | Tradeweb Markets Inc-class A | -0.2% | -44.27% | 减仓 |
| 31 | WIX 0 08-15-25债券 | Wix LTD | -0.2% | EXIT | 清仓 |
| 32 | TEAM | Atlassian Corp-cl A | -0.2% | EXIT | 清仓 |
| 33 | OKTA | Okta Inc | -0.2% | EXIT | 清仓 |
| 34 | VTR 3.75 06-01-26债券 | Ventas Realty LP | -0.2% | -21.04% | 减仓 |
| 35 | IEF | Ishares 7-10 Year Treasury B | -0.2% | -83.31% | 减仓 |
| 36 | WIX | Wix.com Ltd. | -0.3% | EXIT | 清仓 |
| 37 | NEE | Nextera Energy Inc | -0.3% | -76.51% | 减仓 |
| 38 | PPL 2.875 03-15-28债券 | Ppl Capital Funding Inc | -0.3% | -22.68% | 减仓 |
| 39 | NTSX | Wisdomtree US Efficient Core | -0.3% | -13.85% | 减仓 |
| 40 | PEN | Penumbra Inc | -0.3% | EXIT | 清仓 |
| 41 | SHY | Ishares 1-3 Year Treasury Bo | -0.4% | -65.49% | 减仓 |
| 42 | AMZN | Amazon.com Inc | -0.4% | -43.86% | 减仓 |
| 43 | BND | Vanguard Total Bond Market | -0.4% | -3.88% | 减仓 |
| 44 | SPAB | Ss Spdr P Agg Bond ETF | -0.4% | -3.83% | 减仓 |
| 45 | AGG | Ishares Core U.s. Aggregate | -0.4% | -3.99% | 减仓 |
| 46 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | -0.6% | -62.54% | 减仓 |
| 47 | SCHH | Schwab US Reit ETF | -0.6% | -12.53% | 减仓 |
| 48 | SHOPCN 0.125 11-01-25债券 | Shopify Inc | -0.7% | EXIT | 清仓 |
| 49 | BAB | Invesco Taxable Municipal Bo | -0.9% | -67.38% | 减仓 |
| 50 | IVV | Ishares Core S&p 500 ETF | -2% | -37.20% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Rational Advisors, Inc. 在 Q2 2025 季度的美股持仓总市值约为 US$10.9亿，共申报了 191 个公开持股仓位。
在 Q2 2025 季度，Rational Advisors, Inc. 按市值排列的前三大核心持股分别为：BND (7.5%)、SPAB (7.5%)、AGG (7.5%)。其中最大持股仓位 BND 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
KKR 6.25 03-01-28 D
市值: US$815.8万
本季最大获利了结 / 清仓标的
SHOPCN 0.125 11-01-25
前期市值: US$662.9万
在 Q2 2025 季度中，Rational Advisors, Inc. 共进行了 50 项持仓异动，包含新建仓 8 个仓位、加仓 17 个仓位、减仓 19 个仓位以及清仓 6 个仓位。 其中最大新建仓标的为 KKR 6.25 03-01-28 D。 本季清仓仓位包含 SHOPCN 0.125 11-01-25。
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。