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: 0001510481
申报总市值
US$85.4亿
US$85.4亿
77 檔
37.8%
在 Q4 2025 申报期间，Sarasin & Partners LLP（CIK: 0001510481）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$85.4亿，共持有 77 个公开申报仓位。
在 Q4 2025，Sarasin & Partners LLP 展现出较为审慎的避险与获利了结姿态。本季共减仓 31 个仓位并完全清仓 1 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，Sarasin & Partners LLP 的前 5 大核心持股（包含 MSFT, NVDA, GOOGL 等）合计占整体申报市值的 37.8%，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 | MSFT | Microsoft CORP | 股票-科技 | 8.74% | -0.44% | -12.32% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 8.64% | +0.26% | -2.01% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 6.45% | +1.40% | -10.51% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.44% | +0.44% | -11.47% | |
| 5 | MA | Mastercard Inc - A | 股票-金融 | 4.26% | -0.06% | -1.31% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 3.79% | +0.56% | -7.47% | |
| 7 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 3.57% | -0.60% | +3.36% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.40% | -0.95% | -1.66% | |
| 9 | EMR | Emerson Electric Co | 股票-工业 | 3.10% | +0.16% | +3.01% | |
| 10 | CME | Cme Group Inc | 股票-金融 | 3.10% | +0.05% | -2.87% | |
| 11 | AVGO | Broadcom Inc | 股票-科技 | 2.99% | +1.05% | +16.71% | |
| 12 | BLK | Blackrock Inc | 股票-金融 | 2.80% | -0.12% | +10.63% | |
| 13 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.51% | -0.20% | -40.21% | |
| 14 | HD | Home Depot Inc | 股票-周期性消费 | 2.47% | +0.19% | -1.84% | |
| 15 | NFLX | Netflix Inc | 股票-通信服务 | 2.30% | -0.61% | +2758.08% | |
| 16 | OTIS | Otis Worldwide CORP | 股票-工业 | 2.30% | -0.48% | -29.81% | |
| 17 | FTNT | Fortinet Inc | 股票-科技 | 2.29% | -1.42% | -4.01% | |
| 18 | AMGN | Amgen Inc | 股票-医疗保健 | 2.23% | -1.40% | -0.68% | |
| 19 | MCO | Moody's CORP | 股票-金融 | 2.19% | -0.76% | -3.40% | |
| 20 | NOW | Servicenow Inc | 股票-科技 | 1.96% | -0.15% | +386.23% | |
| 21 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 1.80% | -0.55% | +0.89% | |
| 22 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.77% | -0.09% | -15.80% | |
| 23 | UBER | Uber Technologies Inc | 股票-工业 | 1.71% | +0.01% | +38.39% | |
| 24 | AMT | American Tower CORP | 股票-房地产 | 1.64% | -0.19% | +4.23% | |
| 25 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 1.59% | +0.07% | -1.44% | |
| 26 | KMB | Kimberly-clark CORP | 股票-非周期性消费 | 1.51% | -0.71% | -29.42% | |
| 27 | MELI | Mercadolibre Inc | 股票-周期性消费 | 1.51% | -0.06% | -1.41% | |
| 28 | DE | Deere & Co | 股票-工业 | 1.49% | +0.05% | -20.40% | |
| 29 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.47% | +0.19% | -6.31% | |
| 30 | ZTS | Zoetis Inc | 股票-医疗保健 | 1.40% | -0.01% | -35.12% | |
| 31 | CSCO | Cisco Systems Inc | 股票-科技 | 1.24% | -0.18% | -9.45% | |
| 32 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 1.00% | -0.04% | -3.45% | |
| 33 | PLD | Prologis Inc | 股票-房地产 | 0.97% | -0.01% | -1.22% | |
| 34 | AOS | Smith (a.o.) CORP | 股票-工业 | 0.92% | -0.15% | -5.38% | |
| 35 | CMG | Chipotle Mexican Grill Inc | 股票-周期性消费 | 0.81% | -0.01% | -17.47% | |
| 36 | ROST | Ross Stores Inc | 股票-周期性消费 | 0.77% | -0.19% | -10.42% | |
| 37 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.75% | — | +57.33% | |
| 38 | PFE | Pfizer Inc | 股票-医疗保健 | 0.37% | -0.22% | -0.29% | |
| 39 | TXN | Texas Instruments Inc | 股票-科技 | 0.31% | -0.10% | — | |
| 40 | SNA | Snap-on Inc | 股票-工业 | 0.26% | +0.02% | +0.02% | |
| 41 | NTAP | Netapp Inc | 股票-科技 | 0.25% | -0.01% | — | |
| 42 | GLD | Spdr Gold Shares | ETF-避险与商品 | 0.21% | -0.04% | -15.11% | |
| 43 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.19% | +0.03% | -10.89% | |
| 44 | ECL | Ecolab Inc | 股票-原材料 | 0.15% | +0.13% | -9.62% | |
| 45 | TTEK | Tetra Tech Inc | 股票-工业 | 0.14% | — | +0.33% | |
| 46 | VWO | Vanguard Ftse Emerging Marke | ETF-新兴市场 | 0.13% | +0.01% | +53.60% | |
| 47 | VT | Vanguard Tot World Stk ETF | ETF-其他 | 0.11% | +0.07% | +77.92% | |
| 48 | VGK | Vanguard Ftse Europe ETF | ETF-其他 | 0.09% | — | +173.20% | |
| 49 | WY | Weyerhaeuser Co | 股票-房地产 | 0.09% | — | -19.28% | |
| 50 | EVR | Evercore Inc - A | 股票-金融 | 0.09% | +0.01% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NFLX | Netflix Inc | +1.3% | +2758.08% | 加仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +1.1% | -10.51% | 减仓 |
| 3 | AVGO | Broadcom Inc | +0.7% | +16.71% | 加仓 |
| 4 | NVDA | Nvidia CORP | +0.5% | -2.01% | 减仓 |
| 5 | LLY | Eli Lilly & Co | +0.5% | -6.31% | 减仓 |
| 6 | AMGN | Amgen Inc | +0.5% | -0.68% | 减仓 |
| 7 | TMO | Thermo Fisher Scientific Inc | +0.4% | -1.44% | 减仓 |
| 8 | EMR | Emerson Electric Co | +0.3% | +3.01% | 加仓 |
| 9 | UBER | Uber Technologies Inc | +0.3% | +38.39% | 加仓 |
| 10 | UNH | Unitedhealth Group Inc | +0.3% | +57.33% | 加仓 |
| 11 | MRK | Merck & Co. Inc. | +0.3% | -3.45% | 减仓 |
| 12 | CL | Colgate-palmolive Co | +0.3% | +3.36% | 加仓 |
| 13 | MA | Mastercard Inc - A | +0.2% | -1.31% | 减仓 |
| 14 | MCO | Moody's CORP | +0.2% | -3.40% | 减仓 |
| 15 | AAPL | Apple Inc | +0.2% | -7.47% | 减仓 |
| 16 | BLK | Blackrock Inc | +0.2% | +10.63% | 加仓 |
| 17 | PLD | Prologis Inc | +0.1% | -1.22% | 减仓 |
| 18 | CSCO | Cisco Systems Inc | +0.1% | -9.45% | 减仓 |
| 19 | CME | Cme Group Inc | +0.1% | -2.87% | 减仓 |
| 20 | ROST | Ross Stores Inc | +0.1% | -10.42% | 减仓 |
| 21 | VGK | Vanguard Ftse Europe ETF | +0.1% | +173.20% | 加仓 |
| 22 | VT | Vanguard Tot World Stk ETF | +0.1% | +77.92% | 加仓 |
| 23 | VWO | Vanguard Ftse Emerging Marke | +0.1% | +53.60% | 加仓 |
| 24 | GOOG | Alphabet Inc-cl C | 0% | -10.89% | 减仓 |
| 25 | AMT | American Tower CORP | 0% | +4.23% | 加仓 |
| 26 | ECL | Ecolab Inc | 0% | -9.62% | 减仓 |
| 27 | MRSH | Marsh & Mclennan Cos | 0% | +0.89% | 加仓 |
| 28 | WY | Weyerhaeuser Co | 0% | -19.28% | 减仓 |
| 29 | ELF | Elf Beauty Inc | 0% | +21.78% | 加仓 |
| 30 | PWR | Quanta Services Inc | 0% | -19.69% | 减仓 |
| 31 | AOS | Smith (a.o.) CORP | -0.1% | -5.38% | 减仓 |
| 32 | FTNT | Fortinet Inc | -0.1% | -4.01% | 减仓 |
| 33 | AMZN | Amazon.com Inc | -0.2% | -11.47% | 减仓 |
| 34 | CMG | Chipotle Mexican Grill Inc | -0.2% | -17.47% | 减仓 |
| 35 | GGG | Graco Inc | -0.2% | -92.47% | 减仓 |
| 36 | MELI | Mercadolibre Inc | -0.3% | -1.41% | 减仓 |
| 37 | DE | Deere & Co | -0.3% | -20.40% | 减仓 |
| 38 | COST | Costco Wholesale CORP | -0.3% | -15.80% | 减仓 |
| 39 | HD | Home Depot Inc | -0.4% | -1.84% | 减仓 |
| 40 | NOW | Servicenow Inc | -0.4% | +386.23% | 加仓 |
| 41 | ZTS | Zoetis Inc | -0.9% | -35.12% | 减仓 |
| 42 | OTIS | Otis Worldwide CORP | -0.9% | -29.81% | 减仓 |
| 43 | KMB | Kimberly-clark CORP | -1% | -29.42% | 减仓 |
| 44 | MSFT | Microsoft CORP | -1.3% | -12.32% | 减仓 |
| 45 | META | Meta Platforms Inc-class A | -2% | -40.21% | 减仓 |
| 46 | TXN | Texas Instruments Inc | — | NEW | 新建仓 |
| 47 | NTAP | Netapp Inc | — | NEW | 新建仓 |
| 48 | PSA | Public Storage | — | EXIT | 清仓 |
| 49 | AME | Ametek Inc | — | NEW | 新建仓 |
| 50 | ACWI | Ishares Msci Acwi ETF | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Sarasin & Partners LLP 在 Q4 2025 季度的美股持仓总市值约为 US$85.4亿，共申报了 77 个公开持股仓位。
在 Q4 2025 季度，Sarasin & Partners LLP 按市值排列的前三大核心持股分别为：MSFT (8.7%)、NVDA (8.6%)、GOOGL (6.5%)。其中最大持股仓位 MSFT 占据整体投资组合约 8.7% 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
TXN
市值: US$2974.6万
本季最大获利了结 / 清仓标的
PSA
前期市值: US$289.7万
在 Q4 2025 季度中，Sarasin & Partners LLP 共进行了 50 项持仓异动，包含新建仓 4 个仓位、加仓 14 个仓位、减仓 31 个仓位以及清仓 1 个仓位。 其中最大新建仓标的为 TXN。 本季清仓仓位包含 PSA。
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。