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
193 檔
30.2%
在 Q3 2025 申报期间，Rational Advisors, Inc.（CIK: 0001143565）向美国 SEC 提交的 Form 13F 报告显示，其追踪之股票投资组合总市值达 US$10.9亿，共持有 193 个公开申报仓位。
Rational Advisors, Inc. 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 13 个全新仓位及加仓 11 档持股的同时，亦同步清仓 9 档并减仓 17 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 SPAB, BND, AGG 等）合计占整体申报市值的 30.2%，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 | SPAB | Ss Spdr P Agg Bond ETF | ETF-其他 | 7.55% | — | -1.06% | |
| 2 | BND | Vanguard Total Bond Market | ETF-其他 | 7.55% | -0.61% | -1.14% | |
| 3 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 7.54% | -0.61% | -1.14% | |
| 4 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 5.08% | -0.34% | -8.33% | |
| 5 | MLPX | Global X Mlp & Energy Infras | ETF-其他 | 5.04% | -0.57% | -1.13% | |
| 6 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 4.69% | -0.55% | +5.89% | |
| 7 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 4.62% | +1.28% | +1.25% | |
| 8 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 4.17% | -0.58% | -15.16% | |
| 9 | NTSX | Wisdomtree US Efficient Core | ETF-其他 | 3.83% | -3.10% | -8.39% | |
| 10 | SCHH | Schwab US Reit ETF | ETF-其他 | 3.29% | +0.30% | -1.07% | |
| 11 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 2.88% | -0.50% | -1.37% | |
| 12 | SPHY | Ss Spdr P High Yield ETF | ETF-非投资级债 | 2.48% | — | -1.15% | |
| 13 | PFFD | Global X US Preferred ETF | ETF-其他 | 2.07% | -0.19% | -3.01% | |
| 14 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 2.02% | +1.05% | -16.20% | |
| 15 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股与成长 | 1.66% | -0.11% | -8.23% | |
| 16 | DFCF | Dimensional Core Fixed Inc | ETF-其他 | 1.65% | -0.12% | -1.79% | |
| 17 | SCHI | Schwab 5-10 Year Corporate B | ETF-投资级公司债 | 1.24% | +0.38% | NEW | |
| 18 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.22% | -1.37% | -50.16% | |
| 19 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | 债券 | 1.07% | -0.10% | — | |
| 20 | BAC 7.25 PERP L债券 | Bank Of America CORP | 债券 | 1.02% | -0.05% | — | |
| 21 | WFC 7.5 PERP L债券 | Wells Fargo & Company | 债券 | 1.01% | -1.11% | — | |
| 22 | ON 0.5 03-01-29债券 | On Semiconductor CORP | 债券 | 0.91% | -0.69% | — | |
| 23 | GPN 1.5 03-01-31债券 | Global Payments Inc | 债券 | 0.86% | -0.08% | +41.85% | |
| 24 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.85% | +0.04% | +323.96% | |
| 25 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | 债券 | 0.84% | -0.03% | +6.18% | |
| 26 | VTR 3.75 06-01-26债券 | Ventas Realty LP | 债券 | 0.81% | — | +25.45% | |
| 27 | MBB | Ishares Mbs ETF | ETF-其他 | 0.81% | — | -4.56% | |
| 28 | LNT 3.875 03-15-26债券 | Alliant Energy CORP | 债券 | 0.74% | — | — | |
| 29 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.73% | -0.04% | -26.42% | |
| 30 | IEMG | Ishares Core Msci Emerging | ETF-新兴市场 | 0.72% | — | — | |
| 31 | MTH 1.75 05-15-28债券 | Meritage Homes CORP | 债券 | 0.71% | -0.03% | +232.48% | |
| 32 | PPL 2.875 03-15-28债券 | Ppl Capital Funding Inc | 债券 | 0.71% | -0.14% | -13.50% | |
| 33 | ETSY 0.25 06-15-28债券 | Etsy Inc | 债券 | 0.71% | -0.08% | — | |
| 34 | F 0 03-15-26债券 | Ford Motor Company | 债券 | 0.68% | — | +219.43% | |
| 35 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.68% | -0.09% | +5.69% | |
| 36 | MSFT | Microsoft CORP | 股票-科技 | 0.67% | -0.26% | +1.05% | |
| 37 | AWK 3.625 06-15-26债券 | American Water Capital C | 债券 | 0.65% | — | -7.26% | |
| 38 | HPE 7.625 09-01-27债券 | Hp Enterprise Co | 债券 | 0.60% | -0.35% | — | |
| 39 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | 债券 | 0.56% | +0.18% | -17.98% | |
| 40 | AAPL | Apple Inc | 股票-科技 | 0.52% | -0.12% | +5.29% | |
| 41 | DKNG 0 03-15-28债券 | Draftkings Holdings Inc | 债券 | 0.52% | -0.04% | -33.18% | |
| 42 | TSLA | Tesla Inc | 股票-周期性消费 | 0.51% | -0.10% | +289.47% | |
| 43 | WMT | Walmart Inc | 股票-非周期性消费 | 0.48% | -0.55% | +5.60% | |
| 44 | NFLX | Netflix Inc | 股票-通信服务 | 0.48% | +0.36% | +32.69% | |
| 45 | NOW | Servicenow Inc | 股票-科技 | 0.44% | -0.20% | -6.07% | |
| 46 | BAB | Invesco Taxable Municipal Bo | ETF-其他 | 0.42% | -0.08% | -1.86% | |
| 47 | MCHP 7.5 03-15-28债券 | Microchip Technology Inc | 债券 | 0.41% | -0.40% | EXIT | |
| 48 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.40% | -0.06% | +2.15% | |
| 49 | OKTA 0.375 06-15-26债券 | Okta Inc | 债券 | 0.39% | — | -45.53% | |
| 50 | MOG-A | Moog Inc-class A | 股票-其他 | 0.38% | +0.42% | NEW |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | XLU | St Sr Utl Sl Se Spdr Etf-usd | +1.1% | +5.89% | 加仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.5% | +323.96% | 加仓 |
| 3 | F 0 03-15-26债券 | Ford Motor Company | +0.5% | +219.43% | 加仓 |
| 4 | TSLA | Tesla Inc | +0.5% | +289.47% | 加仓 |
| 5 | MBB | Ishares Mbs ETF | +0.4% | -4.56% | 加仓 |
| 6 | SCHI | Schwab 5-10 Year Corporate B | +0.4% | -1.91% | 加仓 |
| 7 | META | Meta Platforms Inc-class A | +0.4% | -26.42% | 加仓 |
| 8 | QQQM | Invesco Nasdaq 100 ETF | +0.4% | -8.33% | 减仓 |
| 9 | MSFT | Microsoft CORP | +0.3% | +1.05% | 加仓 |
| 10 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | +0.3% | — | 加仓 |
| 11 | UBER | Uber Technologies Inc | +0.3% | +29.72% | 加仓 |
| 12 | GPN 1.5 03-01-31债券 | Global Payments Inc | +0.2% | +41.85% | 加仓 |
| 13 | DKNG 0 03-15-28债券 | Draftkings Holdings Inc | -0.2% | -33.18% | 减仓 |
| 14 | IEF | Ishares 7-10 Year Treasury B | -0.3% | -94.88% | 减仓 |
| 15 | NEE | Nextera Energy Inc | -0.3% | -45.78% | 减仓 |
| 16 | NTSX | Wisdomtree US Efficient Core | -0.3% | -8.39% | 减仓 |
| 17 | AMZN | Amazon.com Inc | -0.3% | +5.69% | 减仓 |
| 18 | PPL 2.875 03-15-28债券 | Ppl Capital Funding Inc | -0.4% | -13.50% | 减仓 |
| 19 | APO 6.75 07-31-26债券 | Apollo Global Management | -0.4% | -74.35% | 减仓 |
| 20 | BND | Vanguard Total Bond Market | -0.4% | -1.14% | 减仓 |
| 21 | SPAB | Ss Spdr P Agg Bond ETF | -0.4% | -1.06% | 减仓 |
| 22 | VIG | Vanguard Dividend Apprec ETF | -0.4% | -15.16% | 减仓 |
| 23 | AGG | Ishares Core U.s. Aggregate | -0.4% | -1.14% | 减仓 |
| 24 | SHY | Ishares 1-3 Year Treasury Bo | -0.5% | -99.61% | 减仓 |
| 25 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | -0.6% | — | 减仓 |
| 26 | SCHH | Schwab US Reit ETF | -0.6% | -1.07% | 减仓 |
| 27 | BAB | Invesco Taxable Municipal Bo | -0.9% | -1.86% | 减仓 |
| 28 | IVV | Ishares Core S&p 500 ETF | -1.6% | +1.25% | 减仓 |
| 29 | ON 0.5 03-01-29债券 | On Semiconductor CORP | — | NEW | 新建仓 |
| 30 | DXCM 0.25 11-15-25债券 | Dexcom Inc | — | EXIT | 清仓 |
| 31 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | — | NEW | 新建仓 |
| 32 | IEMG | Ishares Core Msci Emerging | — | NEW | 新建仓 |
| 33 | MTH 1.75 05-15-28债券 | Meritage Homes CORP | — | NEW | 新建仓 |
| 34 | SHOPCN 0.125 11-01-25债券 | Shopify Inc | — | EXIT | 清仓 |
| 35 | HPE 7.625 09-01-27债券 | Hp Enterprise Co | — | NEW | 新建仓 |
| 36 | BKNG | Booking Holdings Inc | — | EXIT | 清仓 |
| 37 | NOW | Servicenow Inc | — | NEW | 新建仓 |
| 38 | MCHP 7.5 03-15-28债券 | Microchip Technology Inc | — | NEW | 新建仓 |
| 39 | TYL 0.25 03-15-26债券 | Tyler Technologies Inc | — | EXIT | 清仓 |
| 40 | TW | Tradeweb Markets Inc-class A | — | EXIT | 清仓 |
| 41 | MOG-A | Moog Inc-class A | — | NEW | 新建仓 |
| 42 | MPWR | Monolithic Power Systems Inc | — | NEW | 新建仓 |
| 43 | INTU | Intuit Inc | — | NEW | 新建仓 |
| 44 | ✓ | Cyberark Software LTD. Cmn | — | EXIT | 清仓 |
| 45 | ITT | Itt Inc | — | NEW | 新建仓 |
| 46 | PEN | Penumbra Inc | — | EXIT | 清仓 |
| 47 | CCL1EUR | Carnival CORP LTD | — | NEW | 新建仓 |
| 48 | AXP | American Express Co | — | NEW | 新建仓 |
| 49 | WIX | Wix.com Ltd. | — | EXIT | 清仓 |
| 50 | OKTA | Okta Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Rational Advisors, Inc. 在 Q3 2025 季度的美股持仓总市值约为 US$10.9亿，共申报了 193 个公开持股仓位。
在 Q3 2025 季度，Rational Advisors, Inc. 按市值排列的前三大核心持股分别为：SPAB (7.5%)、BND (7.5%)、AGG (7.5%)。其中最大持股仓位 SPAB 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
ON 0.5 03-01-29
市值: US$918.2万
本季最大获利了结 / 清仓标的
DXCM 0.25 11-15-25
前期市值: US$888.9万
在 Q3 2025 季度中，Rational Advisors, Inc. 共进行了 50 项持仓异动，包含新建仓 13 个仓位、加仓 11 个仓位、减仓 17 个仓位以及清仓 9 个仓位。 其中最大新建仓标的为 ON 0.5 03-01-29。 本季清仓仓位包含 DXCM 0.25 11-15-25。
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。