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。
AlphaSMO 权威研究指南阅读专题
CIK: 0001638555
申报总市值
US$56.9亿
US$56.9亿
110 檔
17.6%
Q3 2025 季度申报显示，Summit Partners Public Asset Management, LLC 披露的美股组合总市值为 US$56.9亿，涵盖 110 个不同之权益投资仓位。
Summit Partners Public Asset Management, LLC 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 63 个全新仓位及加仓 16 档持股的同时，亦同步清仓 50 档并减仓 28 档标的。
在资产配置集中度方面，Summit Partners Public Asset Management, LLC 的前 5 大核心持股（包含 SPOT, INSM, VRNA 等）合计占整体申报市值的 17.6%，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 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 4.98% | -0.50% | +13.46% | |
| 2 | INSM | Insmed Inc | 股票-医疗保健 | 4.91% | -2.87% | EXIT | |
| 3 | VRNA | Verona Pharma PLC - Adr | 股票-其他 | 3.95% | — | -49.63% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 3.49% | -1.42% | -3.43% | |
| 5 | SNDK | Sandisk CORP | 股票-科技 | 3.45% | +2.39% | +7694.74% | |
| 6 | GEV | GE Vernova Inc | 股票-工业 | 3.42% | — | — | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 3.41% | — | +98.33% | |
| 8 | CVNA | Carvana Co | 股票-周期性消费 | 3.34% | -1.22% | +326.81% | |
| 9 | SEI | Solaris Energy Infrastructur | 股票-能源 | 2.92% | -1.49% | +17.54% | |
| 10 | MDB | Mongodb Inc | 股票-科技 | 2.72% | +0.41% | — | |
| 11 | RBRK | Rubrik Inc-a | 股票-科技 | 2.46% | -0.26% | EXIT | |
| 12 | WGS | Genedx Holdings CORP | 股票-其他 | 2.39% | -0.83% | EXIT | |
| 13 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.24% | -2.97% | — | |
| 14 | MKSI | Mks Inc | 股票-科技 | 2.15% | +0.76% | +93.48% | |
| 15 | ALAB | Astera Labs Inc | 股票-科技 | 2.07% | +0.34% | NEW | |
| 16 | TSEM | Tower Semiconductor Ltd. | 股票-科技 | 2.06% | -2.51% | +34.49% | |
| 17 | SNOW | Snowflake Inc | 股票-科技 | 1.96% | +1.73% | +54.67% | |
| 18 | CVLT | Commvault Systems Inc | 股票-科技 | 1.93% | — | -7.41% | |
| 19 | ARGX | Argenx Se - Adr | 股票-医疗保健 | 1.87% | — | +257.81% | |
| 20 | RDDT | Reddit Inc-cl A | 股票-通信服务 | 1.86% | -0.03% | EXIT | |
| 21 | IONS | Ionis Pharmaceuticals Inc | 股票-医疗保健 | 1.83% | -2.64% | — | |
| 22 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.81% | -0.11% | +21.68% | |
| 23 | CEG | Constellation Energy | 股票-公用事业 | 1.78% | -0.76% | +100.00% | |
| 24 | SIMO | Silicon Motion Technol-adr | 股票-其他 | 1.67% | +0.15% | +65.39% | |
| 25 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 1.39% | -3.83% | EXIT | |
| 26 | IOT | Samsara Inc-cl A | 股票-科技 | 1.39% | -1.11% | -3.20% | |
| 27 | AXON | Axon Enterprise Inc | 股票-工业 | 1.37% | +0.03% | +31.33% | |
| 28 | FROG | JFrog Ltd. | 股票-科技 | 1.27% | -0.25% | — | |
| 29 | VRT | Vertiv Holdings Co-a | 股票-工业 | 1.21% | -0.13% | +70.50% | |
| 30 | KLAC | Kla CORP | 股票-科技 | 1.16% | +0.82% | — | |
| 31 | CRDO | Credo Technology Group Holding Ltd | 股票-科技 | 1.05% | +0.87% | -17.03% | |
| 32 | XMTR | Xometry Inc-a | 股票-其他 | 1.04% | +0.02% | +6.99% | |
| 33 | COMP | Compass Inc - Class A | 股票-房地产 | 0.97% | +0.23% | +11.54% | |
| 34 | POWL | Powell Industries Inc | 股票-工业 | 0.90% | — | — | |
| 35 | WAY | Waystar Holding CORP | 股票-其他 | 0.90% | — | -41.13% | |
| 36 | AEIS | Advanced Energy Industries | 股票-工业 | 0.89% | -1.08% | -38.06% | |
| 37 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.88% | -1.58% | EXIT | |
| 38 | BBIO | Bridgebio Pharma Inc | 股票-医疗保健 | 0.87% | -0.19% | +6.46% | |
| 39 | JBL | Jabil Inc | 股票-科技 | 0.87% | — | — | |
| 40 | HUBS | Hubspot Inc | 股票-科技 | 0.79% | — | — | |
| 41 | SKY | Champion Homes Inc | 股票-周期性消费 | 0.78% | -0.12% | +43.76% | |
| 42 | FIX | Comfort Systems USA Inc | 股票-工业 | 0.68% | +0.36% | — | |
| 43 | KKR | Kkr & Co Inc | 股票-金融 | 0.66% | — | — | |
| 44 | TWLO | Twilio Inc - A | 股票-科技 | 0.65% | +1.02% | NEW | |
| 45 | UPST | Upstart Holdings Inc | 股票-金融 | 0.63% | — | -38.02% | |
| 46 | AAPL | Apple Inc | 股票-科技 | 0.63% | -1.18% | EXIT | |
| 47 | VIAV | Viavi Solutions Inc | 股票-科技 | 0.61% | +0.20% | +1442.00% | |
| 48 | HTFL | Heartflow Inc | 股票-其他 | 0.59% | +0.29% | — | |
| 49 | VOO | Vanguard S&P 500 ETF | ETF-大型股与成长 | 0.58% | — | — | |
| 50 | MIR | Mirion Technologies Inc | 股票-工业 | 0.58% | — | -17.58% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | INSM | Insmed Inc | +3.5% | +55.05% | 加仓 |
| 2 | NVDA | Nvidia CORP | +2% | -3.43% | 加仓 |
| 3 | CVNA | Carvana Co | +1.6% | +326.81% | 加仓 |
| 4 | SEI | Solaris Energy Infrastructur | +1.5% | +17.54% | 加仓 |
| 5 | GEV | GE Vernova Inc | +1.3% | — | 不变 |
| 6 | SIMO | Silicon Motion Technol-adr | +1.3% | +65.39% | 加仓 |
| 7 | ALAB | Astera Labs Inc | +1.1% | -28.82% | 减仓 |
| 8 | TSM | Taiwan Semiconductor-sp Adr | +1% | +21.68% | 加仓 |
| 9 | TSEM | Tower Semiconductor Ltd. | +0.7% | +34.49% | 减仓 |
| 10 | CRDO | Credo Technology Group Holding Ltd | +0.4% | -17.03% | 减仓 |
| 11 | VIAV | Viavi Solutions Inc | +0.3% | +1442.00% | 加仓 |
| 12 | CRUS | Cirrus Logic Inc | +0.3% | +32.59% | 加仓 |
| 13 | VOO | Vanguard S&P 500 ETF | +0.3% | — | 加仓 |
| 14 | ASND | Ascendis Pharma A/S | +0.3% | -23.08% | 加仓 |
| 15 | MIR | Mirion Technologies Inc | +0.3% | -17.58% | 加仓 |
| 16 | CEG | Constellation Energy | +0.2% | +100.00% | 减仓 |
| 17 | ARGX | Argenx Se - Adr | +0.2% | +257.81% | 加仓 |
| 18 | COMP | Compass Inc - Class A | +0.2% | +11.54% | 加仓 |
| 19 | BE | Bloom Energy Corp- A | +0.1% | — | 不变 |
| 20 | FIX | Comfort Systems USA Inc | +0.1% | — | 减仓 |
| 21 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | — | 减仓 |
| 22 | NOW | Servicenow Inc | +0.1% | — | 加仓 |
| 23 | AXON | Axon Enterprise Inc | 0% | +31.33% | 减仓 |
| 24 | BLND | Blend Labs Inc-a | 0% | — | 加仓 |
| 25 | VEEV | Veeva Systems Inc-class A | — | — | 不变 |
| 26 | PAY | Paymentus Holdings Inc-a | 0% | +159.02% | 减仓 |
| 27 | VRT | Vertiv Holdings Co-a | -0.1% | +70.50% | 减仓 |
| 28 | RBRK | Rubrik Inc-a | -0.1% | -16.05% | 减仓 |
| 29 | IOT | Samsara Inc-cl A | -0.1% | -3.20% | 加仓 |
| 30 | MNDY | monday.com Ltd. | -0.1% | -48.15% | 减仓 |
| 31 | BBIO | Bridgebio Pharma Inc | -0.1% | +6.46% | 减仓 |
| 32 | AKRO | Akero Therapeutics Inc | -0.2% | +2.76% | 减仓 |
| 33 | RDDT | Reddit Inc-cl A | -0.3% | -24.44% | 减仓 |
| 34 | ✓ | Establishment Labs Holdings In | -0.4% | +87.10% | 减仓 |
| 35 | IWM | Ishares Russell 2000 ETF | -0.6% | -53.71% | 减仓 |
| 36 | WGS | Genedx Holdings CORP | -0.6% | +23.21% | 减仓 |
| 37 | AAPL | Apple Inc | -0.6% | -59.42% | 减仓 |
| 38 | SNOW | Snowflake Inc | -0.7% | +54.67% | 减仓 |
| 39 | SPOT | Spotify Technology S.A. | -0.7% | +13.46% | 减仓 |
| 40 | MELI | Mercadolibre Inc | -0.8% | +3.57% | 减仓 |
| 41 | UPST | Upstart Holdings Inc | -0.9% | -38.02% | 减仓 |
| 42 | AEIS | Advanced Energy Industries | -0.9% | -38.06% | 减仓 |
| 43 | WAY | Waystar Holding CORP | -1% | -41.13% | 减仓 |
| 44 | CVLT | Commvault Systems Inc | -1.3% | -7.41% | 减仓 |
| 45 | VRNA | Verona Pharma PLC - Adr | -1.3% | -49.63% | 减仓 |
| 46 | SKY | Champion Homes Inc | -1.4% | +43.76% | 减仓 |
| 47 | NTRA | Natera Inc | -3.6% | +35.32% | 减仓 |
| 48 | SNDK | Sandisk CORP | — | NEW | 新建仓 |
| 49 | MSFT | Microsoft CORP | — | NEW | 新建仓 |
| 50 | MDB | Mongodb Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Summit Partners Public Asset Management, LLC 在 Q3 2025 季度的美股持仓总市值约为 US$56.9亿，共申报了 110 个公开持股仓位。
在 Q3 2025 季度，Summit Partners Public Asset Management, LLC 按市值排列的前三大核心持股分别为：SPOT (5.0%)、INSM (4.9%)、VRNA (4.0%)。其中最大持股仓位 SPOT 占据整体投资组合约 5.0% 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
SNDK
市值: US$1.7亿
本季最大获利了结 / 清仓标的
LNG
前期市值: US$1.2亿
在 Q3 2025 季度中，Summit Partners Public Asset Management, LLC 共进行了 157 项持仓异动，包含新建仓 63 个仓位、加仓 16 个仓位、减仓 28 个仓位以及清仓 50 个仓位。 其中最大新建仓标的为 SNDK。 本季清仓仓位包含 LNG。
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。