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: 0001582202
申报总市值
US$1913.9亿
US$1913.9亿
2311 檔
22.9%
截至 Q4 2025 季度末，Swiss National Bank 的美股持仓估值约为 US$1913.9亿，全数申报仓位共有 2311 档。
在 Q4 2025，Swiss National Bank 展现出较为审慎的避险与获利了结姿态。本季共减仓 45 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，Swiss National Bank 的前 5 大核心持股（包含 NVDA, AAPL, MSFT 等）合计占整体申报市值的 22.9%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 2311 只）
| # | 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 | NVDA | Nvidia CORP | 股票-科技 | 7.39% | -0.35% | -5.33% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.58% | -0.04% | -5.54% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.57% | -0.53% | -4.93% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.61% | +0.02% | -4.50% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.97% | +0.24% | -4.98% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.53% | +0.15% | -4.55% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.50% | +0.05% | -5.44% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.34% | -0.28% | -5.00% | |
| 9 | TSLA | Tesla Inc | 股票-周期性消费 | 2.07% | -0.03% | -7.31% | |
| 10 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.41% | +0.17% | -5.07% | |
| 11 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.13% | -0.08% | -3.30% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 0.97% | -0.01% | -5.62% | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 0.84% | -0.37% | -5.96% | |
| 14 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.81% | -0.09% | -4.85% | |
| 15 | WMT | Walmart Inc | 股票-非周期性消费 | 0.80% | -0.19% | -5.03% | |
| 16 | MA | Mastercard Inc - A | 股票-金融 | 0.79% | -0.09% | -5.36% | |
| 17 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.66% | -0.19% | -4.46% | |
| 18 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.66% | +0.01% | -4.93% | |
| 19 | NFLX | Netflix Inc | 股票-通信服务 | 0.65% | -0.25% | +849.15% | |
| 20 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.62% | -0.14% | -5.00% | |
| 21 | AMD | Advanced Micro Devices | 股票-科技 | 0.57% | +0.84% | -4.85% | |
| 22 | HD | Home Depot Inc | 股票-周期性消费 | 0.56% | -0.03% | -4.89% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.55% | -0.07% | -5.10% | |
| 24 | ORCL | Oracle CORP | 股票-科技 | 0.54% | -0.06% | -4.02% | |
| 25 | GE | General Electric | 股票-工业 | 0.53% | +0.07% | -5.46% | |
| 26 | MU | Micron Technology Inc | 股票-科技 | 0.52% | +1.28% | -4.65% | |
| 27 | CSCO | Cisco Systems Inc | 股票-科技 | 0.50% | +0.16% | -5.54% | |
| 28 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.49% | +0.15% | -5.09% | |
| 29 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.47% | -0.06% | -4.95% | |
| 30 | IBM | Intl Business Machines CORP | 股票-科技 | 0.45% | +0.01% | -4.72% | |
| 31 | CAT | Caterpillar Inc | 股票-工业 | 0.44% | +0.17% | -5.31% | |
| 32 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.43% | -0.03% | -5.45% | |
| 33 | CRM | Salesforce Inc | 股票-科技 | 0.41% | -0.12% | -5.33% | |
| 34 | PM | Philip Morris International | 股票-非周期性消费 | 0.41% | -0.01% | -4.93% | |
| 35 | RTX | Rtx CORP | 股票-工业 | 0.40% | -0.06% | -4.75% | |
| 36 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.36% | -0.04% | -4.91% | |
| 37 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.36% | -0.09% | -5.12% | |
| 38 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.36% | -0.07% | -4.90% | |
| 39 | LRCX | Lam Research CORP | 股票-科技 | 0.35% | +0.35% | -6.28% | |
| 40 | AXP | American Express Co | 股票-金融 | 0.34% | -0.02% | -5.57% | |
| 41 | AMAT | Applied Materials Inc | 股票-科技 | 0.33% | +0.39% | -5.63% | |
| 42 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.33% | -0.04% | -4.92% | |
| 43 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.33% | -0.07% | -4.92% | |
| 44 | LIN | Linde plc | 股票-原材料 | 0.33% | -0.04% | -5.30% | |
| 45 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.32% | -0.09% | -5.19% | |
| 46 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.31% | -0.04% | -7.73% | |
| 47 | INTU | Intuit Inc | 股票-科技 | 0.30% | -0.09% | -4.99% | |
| 48 | QCOM | Qualcomm Inc | 股票-科技 | 0.30% | +0.06% | -5.67% | |
| 49 | GEV | GE Vernova Inc | 股票-工业 | 0.29% | +0.07% | -5.19% | |
| 50 | T | At&t Inc | 股票-通信服务 | 0.29% | -0.14% | -5.53% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.6% | -4.98% | 减仓 |
| 2 | GOOG | Alphabet Inc-cl C | +0.5% | -5.44% | 减仓 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -5.07% | 减仓 |
| 4 | AAPL | Apple Inc | +0.2% | -5.54% | 减仓 |
| 5 | MU | Micron Technology Inc | +0.2% | -4.65% | 减仓 |
| 6 | AMD | Advanced Micro Devices | +0.1% | -4.85% | 减仓 |
| 7 | MRK | Merck & Co. Inc. | +0.1% | -5.45% | 减仓 |
| 8 | LRCX | Lam Research CORP | +0.1% | -6.28% | 减仓 |
| 9 | ISRG | Intuitive Surgical Inc | +0.1% | -4.92% | 减仓 |
| 10 | CAT | Caterpillar Inc | +0.1% | -5.31% | 减仓 |
| 11 | AMAT | Applied Materials Inc | +0.1% | -5.63% | 减仓 |
| 12 | JNJ | Johnson & Johnson | +0.1% | -4.85% | 减仓 |
| 13 | TMO | Thermo Fisher Scientific Inc | +0.1% | -4.91% | 减仓 |
| 14 | WBD | Warner Bros Discovery Inc | 0% | -4.87% | 减仓 |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -3.30% | 减仓 |
| 16 | ABBV | Abbvie Inc | 0% | -4.93% | 减仓 |
| 17 | MA | Mastercard Inc - A | 0% | -5.36% | 减仓 |
| 18 | ORLY | O'reilly Automotive Inc | 0% | -5.64% | 减仓 |
| 19 | UNH | Unitedhealth Group Inc | 0% | -5.09% | 减仓 |
| 20 | PLTR | Palantir Technologies Inc-a | 0% | -4.46% | 减仓 |
| 21 | ABT | Abbott Laboratories | 0% | -4.90% | 减仓 |
| 22 | TMUS | T-mobile US Inc | 0% | -5.78% | 减仓 |
| 23 | ANET | Arista Networks Inc | 0% | -4.86% | 减仓 |
| 24 | VZ | Verizon Communications Inc | 0% | -4.93% | 减仓 |
| 25 | ADP | Automatic Data Processing | 0% | -5.14% | 减仓 |
| 26 | MELI | Mercadolibre Inc | 0% | -4.92% | 减仓 |
| 27 | MO | Altria Group Inc | 0% | -5.19% | 减仓 |
| 28 | APP | Applovin Corp-class A | 0% | -4.96% | 减仓 |
| 29 | LIN | Linde plc | 0% | -5.30% | 减仓 |
| 30 | ETN | Eaton Corporation plc | 0% | -5.45% | 减仓 |
| 31 | SE | Sea Ltd-adr | 0% | -4.14% | 减仓 |
| 32 | SPOT | Spotify Technology S.A. | 0% | -1.96% | 减仓 |
| 33 | PG | Procter & Gamble Co/the | -0.1% | -5.10% | 减仓 |
| 34 | T | At&t Inc | -0.1% | -5.53% | 减仓 |
| 35 | RBLX | Roblox CORP -class A | -0.1% | -2.49% | 减仓 |
| 36 | NOW | Servicenow Inc | -0.1% | +377.29% | 加仓 |
| 37 | FISV | Fiserv Inc | -0.1% | -6.80% | 减仓 |
| 38 | COST | Costco Wholesale CORP | -0.1% | -5.00% | 减仓 |
| 39 | UBER | Uber Technologies Inc | -0.1% | -5.20% | 减仓 |
| 40 | MSTR | Strategy Inc | -0.1% | -4.93% | 减仓 |
| 41 | TSLA | Tesla Inc | -0.1% | -7.31% | 减仓 |
| 42 | HD | Home Depot Inc | -0.1% | -4.89% | 减仓 |
| 43 | NFLX | Netflix Inc | -0.2% | +849.15% | 加仓 |
| 44 | NVDA | Nvidia CORP | -0.2% | -5.33% | 减仓 |
| 45 | ORCL | Oracle CORP | -0.3% | -4.02% | 减仓 |
| 46 | META | Meta Platforms Inc-class A | -0.3% | -5.00% | 减仓 |
| 47 | MSFT | Microsoft CORP | -0.6% | -4.93% | 减仓 |
| 48 | B | Barrick Mining CORP | — | NEW | 新建仓 |
| 49 | KEL | Kellanova | — | EXIT | 清仓 |
| 50 | AMRZ | Amrize Ltd | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Swiss National Bank 在 Q4 2025 季度的美股持仓总市值约为 US$1913.9亿，共申报了 2311 个公开持股仓位。
在 Q4 2025 季度，Swiss National Bank 按市值排列的前三大核心持股分别为：NVDA (7.4%)、AAPL (6.6%)、MSFT (5.6%)。其中最大持股仓位 NVDA 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
B
市值: US$2.0亿
本季最大获利了结 / 清仓标的
KEL
前期市值: US$7664.8万
在 Q4 2025 季度中，Swiss National Bank 共进行了 50 项持仓异动，包含新建仓 2 个仓位、加仓 2 个仓位、减仓 45 个仓位以及清仓 1 个仓位。 其中最大新建仓标的为 B。 本季清仓仓位包含 KEL。
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。