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
184 檔
28.4%
根据最新整理的 13F 季度数据集，Rational Advisors, Inc. 于 Q4 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 184 档美股持仓，呈现出该时期的主要投资地图。
Rational Advisors, 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 16 档持股的同时，亦同步清仓 7 档并减仓 20 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, AGG, SPAB 等）合计占整体申报市值的 28.4%，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 | BND | Vanguard Total Bond Market | ETF-其他 | 7.36% | -0.61% | -4.90% | |
| 2 | AGG | Ishares Core U.s. Aggregate | ETF-其他 | 7.36% | -0.61% | -4.91% | |
| 3 | SPAB | Ss Spdr P Agg Bond ETF | ETF-其他 | 7.35% | — | -5.15% | |
| 4 | MLPX | Global X Mlp & Energy Infras | ETF-其他 | 4.86% | -0.57% | -3.03% | |
| 5 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 4.75% | +1.28% | -2.42% | |
| 6 | QQQM | Invesco Nasdaq 100 ETF | ETF-科技型 | 4.69% | -0.34% | -12.25% | |
| 7 | XLU | St Sr Utl Sl Se Spdr Etf-usd | ETF-其他 | 4.23% | -0.55% | +78.91% | |
| 8 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 4.01% | -0.58% | -8.26% | |
| 9 | NTSX | Wisdomtree US Efficient Core | ETF-其他 | 3.63% | -3.10% | -9.47% | |
| 10 | SCHH | Schwab US Reit ETF | ETF-其他 | 3.16% | +0.30% | -3.75% | |
| 11 | JEPI | Jpmorgan Equity Premium Inco | ETF-其他 | 2.81% | -0.50% | -5.48% | |
| 12 | SPHY | Ss Spdr P High Yield ETF | ETF-非投资级债 | 2.43% | — | -3.75% | |
| 13 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 2.14% | +1.05% | +0.87% | |
| 14 | PFFD | Global X US Preferred ETF | ETF-其他 | 2.03% | -0.19% | -1.84% | |
| 15 | IEFA | Ishares Core Msci Eafe ETF | ETF-其他 | 1.62% | -1.37% | +26.50% | |
| 16 | DFCF | Dimensional Core Fixed Inc | ETF-其他 | 1.62% | -0.12% | -4.51% | |
| 17 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-大型股与成长 | 1.59% | -0.11% | -9.25% | |
| 18 | SCHI | Schwab 5-10 Year Corporate B | ETF-投资级公司债 | 1.21% | +0.38% | NEW | |
| 19 | BAC 7.25 PERP L债券 | Bank Of America CORP | 债券 | 1.03% | -0.05% | — | |
| 20 | WFC 7.5 PERP L债券 | Wells Fargo & Company | 债券 | 1.02% | -1.11% | — | |
| 21 | GPN 1.5 03-01-31债券 | Global Payments Inc | 债券 | 0.98% | -0.08% | +12.48% | |
| 22 | ON 0.5 03-01-29债券 | On Semiconductor CORP | 债券 | 0.96% | -0.69% | — | |
| 23 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | 债券 | 0.95% | -0.16% | +156.45% | |
| 24 | VTR 3.75 06-01-26债券 | Ventas Realty LP | 债券 | 0.91% | — | — | |
| 25 | AWK 3.625 06-15-26债券 | American Water Capital C | 债券 | 0.83% | — | +24.58% | |
| 26 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | 债券 | 0.82% | +0.12% | +275.30% | |
| 27 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | 债券 | 0.81% | -0.10% | -17.03% | |
| 28 | PPL 2.875 03-15-28债券 | Ppl Capital Funding Inc | 债券 | 0.81% | -0.14% | +14.49% | |
| 29 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | 债券 | 0.80% | -0.03% | -6.93% | |
| 30 | MBB | Ishares Mbs ETF | ETF-其他 | 0.80% | — | -3.75% | |
| 31 | MTH 1.75 05-15-28债券 | Meritage Homes CORP | 债券 | 0.76% | -0.03% | +7.41% | |
| 32 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.76% | +0.04% | -33.15% | |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.75% | +0.71% | +91.94% | |
| 34 | LNT 3.875 03-15-26债券 | Alliant Energy CORP | 债券 | 0.74% | — | — | |
| 35 | ETSY 0.25 06-15-28债券 | Etsy Inc | 债券 | 0.73% | -0.08% | — | |
| 36 | HPE 7.625 09-01-27债券 | Hp Enterprise Co | 债券 | 0.61% | -0.35% | +0.34% | |
| 37 | MSFT | Microsoft CORP | 股票-科技 | 0.60% | -0.26% | -6.74% | |
| 38 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.59% | -0.09% | -19.85% | |
| 39 | F 0 03-15-26债券 | Ford Motor Company | 债券 | 0.55% | — | -22.85% | |
| 40 | AAPL | Apple Inc | 股票-科技 | 0.54% | -0.12% | -4.28% | |
| 41 | DKNG 0 03-15-28债券 | Draftkings Holdings Inc | 债券 | 0.54% | -0.04% | — | |
| 42 | MCHP 7.5 03-15-28债券 | Microchip Technology Inc | 债券 | 0.53% | -0.40% | EXIT | |
| 43 | CCL1EUR | Carnival CORP LTD | 股票-周期性消费 | 0.43% | — | +33.91% | |
| 44 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.43% | -0.04% | -36.14% | |
| 45 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | 债券 | 0.42% | +0.18% | -25.41% | |
| 46 | WMT | Walmart Inc | 股票-非周期性消费 | 0.42% | -0.55% | -22.64% | |
| 47 | NOW | Servicenow Inc | 股票-科技 | 0.41% | -0.20% | +442.38% | |
| 48 | OKTA 0.375 06-15-26债券 | Okta Inc | 债券 | 0.40% | — | — | |
| 49 | WELL | Welltower Inc | 股票-房地产 | 0.40% | +0.04% | — | |
| 50 | BAB | Invesco Taxable Municipal Bo | ETF-其他 | 0.40% | -0.08% | -7.53% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | +0.6% | +275.30% | 加仓 |
| 2 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | +0.6% | +156.45% | 加仓 |
| 3 | TDG | Transdigm Group Inc | +0.4% | +18131.25% | 加仓 |
| 4 | IEFA | Ishares Core Msci Eafe ETF | +0.4% | +26.50% | 加仓 |
| 5 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.4% | +91.94% | 加仓 |
| 6 | LLY | Eli Lilly & Co | +0.2% | +148.72% | 加仓 |
| 7 | SCHW | Schwab (charles) CORP | +0.2% | +528.57% | 加仓 |
| 8 | AWK 3.625 06-15-26债券 | American Water Capital C | +0.2% | +24.58% | 加仓 |
| 9 | BRK-B | Berkshire Hathaway Inc-cl B | +0.2% | +199.94% | 加仓 |
| 10 | GOOG | Alphabet Inc-cl C | +0.2% | +125.49% | 加仓 |
| 11 | CRM | Salesforce Inc | +0.1% | +1691.73% | 加仓 |
| 12 | CCL1EUR | Carnival CORP LTD | +0.1% | +33.91% | 加仓 |
| 13 | MCD | Mcdonald's CORP | +0.1% | +208.77% | 加仓 |
| 14 | MCHP 7.5 03-15-28债券 | Microchip Technology Inc | +0.1% | +27.82% | 加仓 |
| 15 | SPHY | Ss Spdr P High Yield ETF | -0.1% | -3.75% | 减仓 |
| 16 | JEPI | Jpmorgan Equity Premium Inco | -0.1% | -5.48% | 减仓 |
| 17 | SPYM | Ste Str Spdr Pt S&p 500 ETF | -0.1% | -9.25% | 减仓 |
| 18 | GOOGL | Alphabet Inc-cl A | -0.1% | -33.15% | 减仓 |
| 19 | AMZN | Amazon.com Inc | -0.1% | -19.85% | 减仓 |
| 20 | SCHH | Schwab US Reit ETF | -0.1% | -3.75% | 减仓 |
| 21 | F 0 03-15-26债券 | Ford Motor Company | -0.1% | -22.85% | 减仓 |
| 22 | FOUR 0.5 08-01-27债券 | Shift4 Payments Inc | -0.1% | -25.41% | 减仓 |
| 23 | VIG | Vanguard Dividend Apprec ETF | -0.2% | -8.26% | 减仓 |
| 24 | V | Visa Inc-class A Shares | -0.2% | -88.65% | 减仓 |
| 25 | AGG | Ishares Core U.s. Aggregate | -0.2% | -4.91% | 减仓 |
| 26 | MLPX | Global X Mlp & Energy Infras | -0.2% | -3.03% | 减仓 |
| 27 | BND | Vanguard Total Bond Market | -0.2% | -4.90% | 减仓 |
| 28 | NFLX | Netflix Inc | -0.2% | +654.18% | 加仓 |
| 29 | SPAB | Ss Spdr P Agg Bond ETF | -0.2% | -5.15% | 减仓 |
| 30 | NTSX | Wisdomtree US Efficient Core | -0.2% | -9.47% | 减仓 |
| 31 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | -0.3% | -17.03% | 减仓 |
| 32 | LYV | Live Nation Entertainment In | -0.3% | -99.52% | 减仓 |
| 33 | META | Meta Platforms Inc-class A | -0.3% | -36.14% | 减仓 |
| 34 | TSLA | Tesla Inc | -0.3% | -62.95% | 减仓 |
| 35 | QQQM | Invesco Nasdaq 100 ETF | -0.4% | -12.25% | 减仓 |
| 36 | XLU | St Sr Utl Sl Se Spdr Etf-usd | -0.5% | +78.91% | 加仓 |
| 37 | IEMG | Ishares Core Msci Emerging | — | EXIT | 清仓 |
| 38 | WELL | Welltower Inc | — | NEW | 新建仓 |
| 39 | ATI | Ati Inc | — | NEW | 新建仓 |
| 40 | MPWR | Monolithic Power Systems Inc | — | EXIT | 清仓 |
| 41 | MDT | Medtronic plc | — | NEW | 新建仓 |
| 42 | CFG | Citizens Financial Group | — | NEW | 新建仓 |
| 43 | HALO 0.25 03-01-27债券 | Halozyme Therapeutics In | — | NEW | 新建仓 |
| 44 | EXPE | Expedia Group Inc | — | EXIT | 清仓 |
| 45 | DDOG 0 12-01-29债券 | Datadog Inc | — | NEW | 新建仓 |
| 46 | SHOP | Shopify Inc - Class A | — | EXIT | 清仓 |
| 47 | BN | Brookfield CORP | — | EXIT | 清仓 |
| 48 | PODD | Insulet CORP | — | EXIT | 清仓 |
| 49 | SBUX | Starbucks CORP | — | NEW | 新建仓 |
| 50 | EBAY | Ebay Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Rational Advisors, Inc. 在 Q4 2025 季度的美股持仓总市值约为 US$10.9亿，共申报了 184 个公开持股仓位。
在 Q4 2025 季度，Rational Advisors, Inc. 按市值排列的前三大核心持股分别为：BND (7.4%)、AGG (7.4%)、SPAB (7.3%)。其中最大持股仓位 BND 占据整体投资组合约 7.4% 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
WELL
市值: US$389.8万
本季最大获利了结 / 清仓标的
IEMG
前期市值: US$721.1万
在 Q4 2025 季度中，Rational Advisors, Inc. 共进行了 50 项持仓异动，包含新建仓 7 个仓位、加仓 16 个仓位、减仓 20 个仓位以及清仓 7 个仓位。 其中最大新建仓标的为 WELL。 本季清仓仓位包含 IEMG。
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。