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
95 檔
18.7%
在 Q4 2025 申报期间，Summit Partners Public Asset Management, LLC（CIK: 0001638555）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$56.9亿，共持有 95 个公开申报仓位。
在 Q4 2025，Summit Partners Public Asset Management, LLC 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 53 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，Summit Partners Public Asset Management, LLC 的前 5 大核心持股（包含 SNDK, INSM, MDB 等）合计占整体申报市值的 18.7%，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 | SNDK | Sandisk CORP | 股票-科技 | 5.28% | +2.39% | -27.77% | |
| 2 | INSM | Insmed Inc | 股票-医疗保健 | 5.24% | -2.87% | EXIT | |
| 3 | MDB | Mongodb Inc | 股票-科技 | 3.90% | +0.41% | +5.80% | |
| 4 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 3.84% | -0.50% | -7.66% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 3.83% | -1.42% | +9.47% | |
| 6 | CVNA | Carvana Co | 股票-周期性消费 | 3.66% | -1.22% | -2.30% | |
| 7 | SEI | Solaris Energy Infrastructur | 股票-能源 | 3.48% | -1.49% | +3.12% | |
| 8 | GEV | GE Vernova Inc | 股票-工业 | 3.31% | — | -9.32% | |
| 9 | CRDO | Credo Technology Group Holding Ltd | 股票-科技 | 3.10% | +0.87% | +198.81% | |
| 10 | TSEM | Tower Semiconductor Ltd. | 股票-科技 | 2.95% | -2.51% | -12.00% | |
| 11 | IONS | Ionis Pharmaceuticals Inc | 股票-医疗保健 | 2.90% | -2.64% | +30.66% | |
| 12 | WGS | Genedx Holdings CORP | 股票-其他 | 2.70% | -0.83% | EXIT | |
| 13 | CDTX | Cidara Therapeutics Inc | 股票-其他 | 2.19% | — | +267.33% | |
| 14 | FROG | JFrog Ltd. | 股票-科技 | 2.06% | -0.25% | +22.80% | |
| 15 | NTRA | Natera Inc | 股票-医疗保健 | 1.94% | -0.14% | +229.85% | |
| 16 | RDDT | Reddit Inc-cl A | 股票-通信服务 | 1.81% | -0.03% | EXIT | |
| 17 | GH | Guardant Health Inc | 股票-医疗保健 | 1.81% | -0.46% | +674.51% | |
| 18 | ALAB | Astera Labs Inc | 股票-科技 | 1.76% | +0.34% | NEW | |
| 19 | MKSI | Mks Inc | 股票-科技 | 1.70% | +0.76% | -38.95% | |
| 20 | RBRK | Rubrik Inc-a | 股票-科技 | 1.69% | -0.26% | EXIT | |
| 21 | CEG | Constellation Energy | 股票-公用事业 | 1.69% | -0.76% | -11.54% | |
| 22 | ARGX | Argenx Se - Adr | 股票-医疗保健 | 1.44% | — | -32.53% | |
| 23 | AEIS | Advanced Energy Industries | 股票-工业 | 1.40% | -1.08% | +27.96% | |
| 24 | VRT | Vertiv Holdings Co-a | 股票-工业 | 1.39% | -0.13% | +6.46% | |
| 25 | BBIO | Bridgebio Pharma Inc | 股票-医疗保健 | 1.29% | -0.19% | +0.88% | |
| 26 | IOT | Samsara Inc-cl A | 股票-科技 | 1.29% | -1.11% | -3.21% | |
| 27 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.17% | +0.13% | NEW | |
| 28 | COMP | Compass Inc - Class A | 股票-房地产 | 1.14% | +0.23% | -10.60% | |
| 29 | MSFT | Microsoft CORP | 股票-科技 | 1.14% | — | -64.34% | |
| 30 | SMH | Vaneck Semiconductor ETF | ETF-其他 | 1.12% | +4.93% | — | |
| 31 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.12% | -0.11% | -43.56% | |
| 32 | XMTR | Xometry Inc-a | 股票-其他 | 1.11% | +0.02% | -1.98% | |
| 33 | SIMO | Silicon Motion Technol-adr | 股票-其他 | 1.03% | +0.15% | -37.07% | |
| 34 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.96% | — | — | |
| 35 | ARWR | Arrowhead Pharmaceuticals In | 股票-医疗保健 | 0.92% | +0.03% | — | |
| 36 | SITM | Sitime CORP | 股票-科技 | 0.91% | +0.38% | +4031.93% | |
| 37 | CSTL | Castle Biosciences Inc | 股票-其他 | 0.86% | -0.27% | +164.68% | |
| 38 | PVLA | Palvella Therapeutics Inc | 股票-其他 | 0.85% | — | +1015.98% | |
| 39 | UPWK | Upwork Inc | 股票-其他 | 0.83% | — | — | |
| 40 | SKY | Champion Homes Inc | 股票-周期性消费 | 0.83% | -0.12% | -4.45% | |
| 41 | AORT | Artivion Inc | 股票-其他 | 0.82% | -0.60% | EXIT | |
| 42 | MU | Micron Technology Inc | 股票-科技 | 0.77% | — | — | |
| 43 | HTFL | Heartflow Inc | 股票-其他 | 0.76% | +0.29% | +48.40% | |
| 44 | HUBS | Hubspot Inc | 股票-科技 | 0.75% | — | +11.11% | |
| 45 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.73% | +0.67% | NEW | |
| 46 | HD | Home Depot Inc | 股票-周期性消费 | 0.72% | — | — | |
| 47 | BRZE | Braze Inc-a | 股票-其他 | 0.68% | -0.13% | EXIT | |
| 48 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 0.67% | — | — | |
| 49 | FIVE | Five Below | 股票-周期性消费 | 0.67% | — | — | |
| 50 | ODFL | Old Dominion Freight Line | 股票-工业 | 0.65% | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CRDO | Credo Technology Group Holding Ltd | +2.1% | +198.81% | 加仓 |
| 2 | CDTX | Cidara Therapeutics Inc | +1.9% | +267.33% | 加仓 |
| 3 | SNDK | Sandisk CORP | +1.8% | -27.77% | 减仓 |
| 4 | GH | Guardant Health Inc | +1.7% | +674.51% | 加仓 |
| 5 | NTRA | Natera Inc | +1.5% | +229.85% | 加仓 |
| 6 | MDB | Mongodb Inc | +1.2% | +5.80% | 加仓 |
| 7 | IONS | Ionis Pharmaceuticals Inc | +1.1% | +30.66% | 加仓 |
| 8 | SITM | Sitime CORP | +0.9% | +4031.93% | 加仓 |
| 9 | TSEM | Tower Semiconductor Ltd. | +0.9% | -12.00% | 减仓 |
| 10 | PVLA | Palvella Therapeutics Inc | +0.8% | +1015.98% | 加仓 |
| 11 | FROG | JFrog Ltd. | +0.8% | +22.80% | 加仓 |
| 12 | CSTL | Castle Biosciences Inc | +0.7% | +164.68% | 加仓 |
| 13 | SEI | Solaris Energy Infrastructur | +0.6% | +3.12% | 加仓 |
| 14 | BRZE | Braze Inc-a | +0.5% | +313.48% | 加仓 |
| 15 | AEIS | Advanced Energy Industries | +0.5% | +27.96% | 加仓 |
| 16 | PANW | Palo Alto Networks Inc | +0.4% | +354.55% | 加仓 |
| 17 | BBIO | Bridgebio Pharma Inc | +0.4% | +0.88% | 加仓 |
| 18 | NVDA | Nvidia CORP | +0.3% | +9.47% | 加仓 |
| 19 | INSM | Insmed Inc | +0.3% | -11.74% | 减仓 |
| 20 | CVNA | Carvana Co | +0.3% | -2.30% | 减仓 |
| 21 | WGS | Genedx Holdings CORP | +0.3% | -6.56% | 减仓 |
| 22 | DY | Dycom Industries Inc | +0.3% | +139.29% | 加仓 |
| 23 | FSLR | First Solar Inc | +0.3% | +66.67% | 加仓 |
| 24 | ✓ | Establishment Labs Holdings In | +0.2% | -8.91% | 减仓 |
| 25 | VRT | Vertiv Holdings Co-a | +0.2% | +6.46% | 加仓 |
| 26 | COMP | Compass Inc - Class A | +0.2% | -10.60% | 减仓 |
| 27 | HTFL | Heartflow Inc | +0.2% | +48.40% | 加仓 |
| 28 | XMTR | Xometry Inc-a | +0.1% | -1.98% | 减仓 |
| 29 | TER | Teradyne Inc | +0.1% | +131.58% | 加仓 |
| 30 | ZETA | Zeta Global Holdings Corp-a | +0.1% | +13.32% | 加仓 |
| 31 | SKY | Champion Homes Inc | +0.1% | -4.45% | 减仓 |
| 32 | AMBQ | Ambiq Micro Inc | 0% | +32.05% | 加仓 |
| 33 | VIAV | Viavi Solutions Inc | 0% | -30.85% | 减仓 |
| 34 | VEEV | Veeva Systems Inc-class A | 0% | — | 不变 |
| 35 | HUBS | Hubspot Inc | 0% | +11.11% | 加仓 |
| 36 | ADI | Analog Devices Inc | -0.1% | -60.00% | 减仓 |
| 37 | RDDT | Reddit Inc-cl A | -0.1% | -2.57% | 减仓 |
| 38 | CEG | Constellation Energy | -0.1% | -11.54% | 减仓 |
| 39 | IOT | Samsara Inc-cl A | -0.1% | -3.21% | 减仓 |
| 40 | GEV | GE Vernova Inc | -0.1% | -9.32% | 减仓 |
| 41 | CRWV | Coreweave Inc-cl A | -0.2% | -28.00% | 减仓 |
| 42 | LITE | Lumentum Holdings Inc | -0.2% | -95.95% | 减仓 |
| 43 | FIX | Comfort Systems USA Inc | -0.3% | -50.00% | 减仓 |
| 44 | ALAB | Astera Labs Inc | -0.3% | — | 不变 |
| 45 | CLS | Celestica Inc | -0.3% | -95.51% | 减仓 |
| 46 | CRUS | Cirrus Logic Inc | -0.3% | -87.00% | 减仓 |
| 47 | POWL | Powell Industries Inc | -0.3% | -40.49% | 减仓 |
| 48 | MIR | Mirion Technologies Inc | -0.3% | -58.33% | 减仓 |
| 49 | ARGX | Argenx Se - Adr | -0.4% | -32.53% | 减仓 |
| 50 | MKSI | Mks Inc | -0.5% | -38.95% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Summit Partners Public Asset Management, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$56.9亿，共申报了 95 个公开持股仓位。
在 Q4 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：SNDK (5.3%)、INSM (5.2%)、MDB (3.9%)。其中最大持股仓位 SNDK 占据整体投资组合约 5.3% 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
AMZN
市值: US$5632.0万
本季最大获利了结 / 清仓标的
VRNA
前期市值: US$1.9亿
在 Q4 2025 季度中，Summit Partners Public Asset Management, LLC 共进行了 146 项持仓异动，包含新建仓 38 个仓位、加仓 24 个仓位、减仓 31 个仓位以及清仓 53 个仓位。 其中最大新建仓标的为 AMZN。 本季清仓仓位包含 VRNA。
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。