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: 0001444949
申报总市值
US$57.5亿
US$57.5亿
150 檔
36.5%
在 Q3 2025 的 13F 官方备案中，Susquehanna Advisors Group, Inc. 管理的美股投资组合规模来到 US$57.5亿，整体持股档数为 150 档。
在 Q3 2025，Susquehanna Advisors Group, Inc. 操作展现出积极扩展与加仓意向。本季共新建仓 91 个新仓位，并对 24 个既有持股进行加仓（合计增持 115 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Susquehanna Advisors Group, Inc. 的前 5 大核心持股（包含 APP, COST, QQQ 等）合计占整体申报市值的 36.5%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
APP
市值: US$4.8亿
本季最大获利了结 / 清仓标的
GOOGL
前期市值: US$4.0亿
| # | 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 | APP | Applovin Corp-class A | 股票-科技 | 7.42% | — | — | |
| 2 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 6.22% | — | — | |
| 3 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 6.21% | -4.12% | — | |
| 4 | MU | Micron Technology Inc | 股票-科技 | 6.18% | — | — | |
| 5 | META | Meta Platforms Inc-class A | 股票-通信服务 | 6.15% | — | — | |
| 6 | MSTR 2.25 06-15-32债券 | Strategy Inc | 债券 | 4.83% | — | -9.20% | |
| 7 | JD | Jd.com Inc-adr | 股票-周期性消费 | 4.75% | +4.93% | NEW | |
| 8 | LLY | Eli Lilly & Co | 股票-医疗保健 | 4.01% | — | — | |
| 9 | ALNY | Alnylam Pharmaceuticals Inc | 股票-医疗保健 | 3.93% | — | — | |
| 10 | PFE | Pfizer Inc | 股票-医疗保健 | 3.91% | -4.18% | +21.07% | |
| 11 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 3.87% | — | +12.26% | |
| 12 | MSTR | Strategy Inc | 股票-科技 | 3.29% | -1.55% | — | |
| 13 | CRM | Salesforce Inc | 股票-科技 | 3.05% | — | — | |
| 14 | AVGO | Broadcom Inc | 股票-科技 | 2.99% | — | — | |
| 15 | ASML | ASML Holding N.V. | 股票-科技 | 2.41% | — | — | |
| 16 | SMTC 4 11-01-28债券 | Semtech CORP | 债券 | 2.31% | — | — | |
| 17 | SNPS | Synopsys Inc | 股票-科技 | 1.58% | — | — | |
| 18 | 07WA | Mr Cooper Group Inc | 股票-其他 | 1.55% | — | — | |
| 19 | AMD | Advanced Micro Devices | 股票-科技 | 1.52% | — | — | |
| 20 | BA | Boeing Co/the | 股票-工业 | 1.52% | -0.13% | EXIT | |
| 21 | C | Citigroup Inc | 股票-金融 | 1.51% | — | — | |
| 22 | VST | Vistra CORP | 股票-公用事业 | 1.50% | — | — | |
| 23 | PRCH 9 05-15-30债券 | Porch Group Inc | 债券 | 1.23% | -0.84% | -5.32% | |
| 24 | NN | Nextnav Inc | 股票-其他 | 1.19% | -1.20% | +12.13% | |
| 25 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 1.10% | -0.15% | -30.14% | |
| 26 | DDOG | Datadog Inc - Class A | 股票-科技 | 1.06% | — | — | |
| 27 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 1.01% | — | — | |
| 28 | ONB | Old National Bancorp | 股票-金融 | 0.99% | — | — | |
| 29 | GFS | GLOBALFOUNDRIES Inc. | 股票-科技 | 0.99% | — | — | |
| 30 | XRT | Ss Spdr S&p Retail ETF | ETF-其他 | 0.99% | -0.83% | -21.05% | |
| 31 | FTI | TechnipFMC plc | 股票-能源 | 0.96% | — | — | |
| 32 | NFLX | Netflix Inc | 股票-通信服务 | 0.90% | +4.09% | NEW | |
| 33 | CHRW | C.h. Robinson Worldwide Inc | 股票-工业 | 0.90% | — | — | |
| 34 | MARA | Mara Holdings Inc | 股票-金融 | 0.90% | — | — | |
| 35 | SE | Sea Ltd-adr | 股票-通信服务 | 0.85% | -4.84% | EXIT | |
| 36 | RBLX | Roblox CORP -class A | 股票-通信服务 | 0.59% | — | — | |
| 37 | ALB 7.25 03-01-27债券 | Albemarle CORP | 债券 | 0.52% | -1.54% | — | |
| 38 | QXO 5.5 05-15-28债券 | Qxo Inc | 债券 | 0.36% | +0.30% | NEW | |
| 39 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.34% | +5.41% | NEW | |
| 40 | DB | Deutsche Bank Aktiengesellschaft | 股票-金融 | 0.34% | — | — | |
| 41 | BA 6 10-15-27债券 | Boeing Co/the | 债券 | 0.27% | +3.60% | NEW | |
| 42 | STLA | Stellantis N.V. | 股票-周期性消费 | 0.25% | — | — | |
| 43 | TDG | Transdigm Group Inc | 股票-工业 | 0.24% | — | — | |
| 44 | PCT 7.25 08-15-30债券 | Purecycle Technologies | 债券 | 0.22% | — | -4.05% | |
| 45 | SVC | Service Properties Trust | 股票-其他 | 0.21% | -0.02% | +8.96% | |
| 46 | RIVN | Rivian Automotive Inc-a | 股票-周期性消费 | 0.17% | — | — | |
| 47 | RIVN 3.625 10-15-30债券 | Rivian Auto Inc | 债券 | 0.14% | — | NEW | |
| 48 | JBTM | Jbt Marel CORP | 股票-工业 | 0.13% | — | — | |
| 49 | NIO | Nio Inc - Adr | 股票-周期性消费 | 0.12% | — | — | |
| 50 | PCG 6 12-01-27 A债券 | Pg&e CORP | 债券 | 0.11% | +0.11% | NEW |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | PCT 7.25 08-15-30债券 | Purecycle Technologies | +0.1% | -4.05% | 加仓 |
| 2 | CLS | Celestica Inc | +0.1% | +21.94% | 加仓 |
| 3 | CC | Chemours Co/the | 0% | +337.45% | 加仓 |
| 4 | CYH | Community Health Systems Inc | 0% | -49.73% | 加仓 |
| 5 | SVC | Service Properties Trust | 0% | +8.96% | 加仓 |
| 6 | STX 3.5 06-01-28债券 | Seagate Hdd Cayman | — | +52.16% | 加仓 |
| 7 | SOFI | Sofi Technologies Inc | — | — | 不变 |
| 8 | SO 3.875 12-15-25债券 | Southern Co | — | +22.26% | 加仓 |
| 9 | CIFRW | Cipher Mining Inc | — | — | 不变 |
| 10 | LITE 1.5 12-15-29债券 | Lumentum Holdings Inc | — | +212.50% | 加仓 |
| 11 | VZLA | Vizsla Silver CORP | — | +43.13% | 加仓 |
| 12 | TYL 0.25 03-15-26债券 | Tyler Technologies Inc | — | — | 加仓 |
| 13 | DUK 4.125 04-15-26债券 | Duke Energy CORP | — | — | 减仓 |
| 14 | DBX 0 03-01-26债券 | Dropbox Inc | — | +100.00% | 加仓 |
| 15 | SNDL | Sndl Inc | — | — | 不变 |
| 16 | VAC 3.25 12-15-27债券 | Marriott Vacation Worldw | — | +33.33% | 加仓 |
| 17 | LAZR 11.5 01-15-30债券 | Luminar Technologies Inc | — | — | 不变 |
| 18 | LAZR 9 01-15-30债券 | Luminar Technologies Inc | — | — | 不变 |
| 19 | BYND 0 03-15-27债券 | Beyond Meat Inc | — | — | 加仓 |
| 20 | BTX | Blackrock Tech & Priv Eqty | — | — | 不变 |
| 21 | BL 0 03-15-26债券 | Blackline Inc | — | — | 不变 |
| 22 | PEB 1.75 12-15-26债券 | Pebblebrook Hotel Trust | — | — | 不变 |
| 23 | PIIIW | P3 Health Partne -cw27 | — | — | 不变 |
| 24 | DB | Deutsche Bank Aktiengesellschaft | 0% | — | 加仓 |
| 25 | WDC 3 11-15-28债券 | Western Digital CORP | 0% | -84.87% | 减仓 |
| 26 | UBER 0.875 12-01-28 2028债券 | Uber Technologies Inc | 0% | +27.62% | 加仓 |
| 27 | F 0 03-15-26债券 | Ford Motor Company | 0% | -79.55% | 减仓 |
| 28 | DXCM 0.25 11-15-25债券 | Dexcom Inc | 0% | -27.60% | 减仓 |
| 29 | ITGR 2.125 02-15-28债券 | Integer Holdings CORP | 0% | — | 减仓 |
| 30 | MTSI 0.25 03-15-26债券 | M/a-com Tech Solutions | 0% | — | 减仓 |
| 31 | NBR | Nabors Industries Ltd. | 0% | +3.43% | 加仓 |
| 32 | MSTR 0.625 03-15-30债券 | Strategy Inc | 0% | +53.76% | 加仓 |
| 33 | ADTN | Adtran Holdings Inc | 0% | -10.38% | 减仓 |
| 34 | BABA | Alibaba Group Holding-sp Adr | 0% | — | 加仓 |
| 35 | VEU | Vanguard Ftse All-world Ex-u | 0% | — | 不变 |
| 36 | NIO | Nio Inc - Adr | 0% | — | 不变 |
| 37 | MSTR 0.875 03-15-31债券 | Strategy Inc | -0.1% | -0.75% | 加仓 |
| 38 | BA 6 10-15-27债券 | Boeing Co/the | -0.1% | -63.05% | 加仓 |
| 39 | AEM | Agnico Eagle Mines LTD | -0.1% | — | 不变 |
| 40 | BSY 0.125 01-15-26债券 | Bentley Systems Inc | -0.1% | -41.41% | 加仓 |
| 41 | YUMC | Yum China Holdings Inc | -0.1% | — | 不变 |
| 42 | COMP | Compass Inc - Class A | -0.1% | — | 不变 |
| 43 | VTI | Vanguard Total Stock Mkt ETF | -0.1% | — | 不变 |
| 44 | RIVN | Rivian Automotive Inc-a | -0.2% | — | 不变 |
| 45 | BAM | Brookfield Asset Mgmt-a | -0.3% | — | 减仓 |
| 46 | MARA | Mara Holdings Inc | -0.6% | — | 不变 |
| 47 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | -0.7% | +25.00% | 减仓 |
| 48 | SMTC 4 11-01-28债券 | Semtech CORP | -0.7% | — | 加仓 |
| 49 | CNP 4.25 08-15-26债券 | Centerpoint Energy Inc | -0.7% | -30.49% | 减仓 |
| 50 | MU | Micron Technology Inc | -0.9% | — | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Susquehanna Advisors Group, Inc. 在 Q3 2025 季度的美股持仓总市值约为 US$57.5亿，共申报了 150 个公开持股仓位。
在 Q3 2025 季度，Susquehanna Advisors Group, Inc. 按市值排列的前三大核心持股分别为：APP (7.4%)、COST (6.2%)、QQQ (6.2%)。其中最大持股仓位 APP 占据整体投资组合约 7.4% 的权重。
在 Q3 2025 季度中，Susquehanna Advisors Group, Inc. 共进行了 167 项持仓异动，包含新建仓 91 个仓位、加仓 24 个仓位、减仓 15 个仓位以及清仓 37 个仓位。 其中最大新建仓标的为 APP。 本季清仓仓位包含 GOOGL。
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。
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。
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。