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: 0001021944
申报总市值
US$372.5亿
US$372.5亿
129 檔
33.6%
在 Q4 2025 申报期间，Temasek Holdings（CIK: 0001021944）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$372.5亿，共持有 129 个公开申报仓位。
在 Q4 2025，Temasek Holdings 操作展现出积极扩展与加仓意向。本季共新建仓 7 个新仓位，并对 25 个既有持股进行加仓（合计增持 32 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Temasek Holdings 的前 5 大核心持股（包含 BLK, V, NVDA 等）合计占整体申报市值的 33.6%，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 | BLK | Blackrock Inc | 股票-金融 | 17.26% | -3.41% | — | |
| 2 | V | Visa Inc-class A Shares | 股票-金融 | 7.21% | -0.53% | +5.10% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 5.31% | -0.76% | +36.94% | |
| 4 | MA | Mastercard Inc - A | 股票-金融 | 5.01% | -0.79% | +0.31% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 4.80% | +2.35% | +17.04% | |
| 6 | AMZN | Amazon.com Inc | 股票-周期性消费 | 4.23% | -0.37% | +12.53% | |
| 7 | MSFT | Microsoft CORP | 股票-科技 | 4.14% | -0.59% | +37.07% | |
| 8 | IBN | Icici Bank Ltd-spon Adr | 股票-金融 | 2.76% | -0.20% | +11.30% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 2.74% | +0.20% | +16.24% | |
| 10 | INTA | Intapp Inc | 股票-其他 | 2.49% | -0.28% | — | |
| 11 | SPGI | S&p Global Inc | 股票-金融 | 2.15% | -0.30% | +35.70% | |
| 12 | RBLX | Roblox CORP -class A | 股票-通信服务 | 2.00% | -0.30% | — | |
| 13 | TPG | Tpg Inc | 股票-金融 | 1.78% | -0.22% | -0.13% | |
| 14 | PDD | Pdd Holdings Inc | 股票-周期性消费 | 1.68% | -0.91% | +7.70% | |
| 15 | DASH | Doordash Inc - A | 股票-周期性消费 | 1.66% | +0.01% | -0.27% | |
| 16 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 1.64% | -0.37% | -19.52% | |
| 17 | GEV | GE Vernova Inc | 股票-工业 | 1.37% | -0.05% | +44.38% | |
| 18 | SE | Sea Ltd-adr | 股票-通信服务 | 1.33% | +0.04% | +33.45% | |
| 19 | HDB | Hdfc Bank Ltd-adr | 股票-金融 | 1.26% | +0.04% | — | |
| 20 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.96% | -0.07% | — | |
| 21 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 0.95% | -0.18% | — | |
| 22 | ONC | Beone Medicines Ltd-adr | 股票-其他 | 0.88% | -0.19% | -9.08% | |
| 23 | ZGN | Ermenegildo Zegna N.V. | 股票-其他 | 0.88% | +0.02% | — | |
| 24 | TECK | Teck Resources Ltd-cls B | 股票-原材料 | 0.80% | -0.05% | +1.09% | |
| 25 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.77% | -0.08% | +71.21% | |
| 26 | LIN | Linde plc | 股票-原材料 | 0.73% | -0.13% | +127.54% | |
| 27 | PGR | Progressive CORP | 股票-金融 | 0.72% | -0.26% | +3.43% | |
| 28 | KWEB | Kranesh Csi China Internet | ETF-新兴市场 | 0.70% | -0.21% | +98.54% | |
| 29 | BSX | Boston Scientific CORP | 股票-医疗保健 | 0.63% | -0.22% | +23.96% | |
| 30 | MSCI | Msci Inc | 股票-金融 | 0.62% | -0.29% | — | |
| 31 | YUMC | Yum China Holdings Inc | 股票-周期性消费 | 0.61% | -0.22% | -12.88% | |
| 32 | TDG | Transdigm Group Inc | 股票-工业 | 0.61% | -0.01% | — | |
| 33 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 0.61% | -0.20% | -29.04% | |
| 34 | U | Unity Software Inc | 股票-科技 | 0.59% | -0.03% | +129.53% | |
| 35 | CRM | Salesforce Inc | 股票-科技 | 0.57% | -0.50% | EXIT | |
| 36 | AAPL | Apple Inc | 股票-科技 | 0.57% | -0.04% | -4.90% | |
| 37 | WDAY | Workday Inc-class A | 股票-科技 | 0.55% | -0.38% | EXIT | |
| 38 | KKR | Kkr & Co Inc | 股票-金融 | 0.54% | -0.17% | +344.41% | |
| 39 | KBWB | Invesco Kbw Bank ETF | ETF-其他 | 0.53% | +0.12% | +86.06% | |
| 40 | TCOM | Trip.com Group Ltd-adr | 股票-周期性消费 | 0.51% | -0.13% | +67.11% | |
| 41 | EWY | Ishares Msci South Korea ETF | ETF-其他 | 0.49% | +0.19% | +116.59% | |
| 42 | MRVL | Marvell Technology Inc | 股票-科技 | 0.49% | +0.20% | +5.19% | |
| 43 | BNTX | Biontech Se-adr | 股票-其他 | 0.45% | -0.06% | — | |
| 44 | WFC | Wells Fargo & Co | 股票-金融 | 0.45% | +0.05% | +40.33% | |
| 45 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.43% | +0.05% | +933.46% | |
| 46 | ZTO | Zto Express Cayman Inc-adr | 股票-其他 | 0.41% | -0.09% | -39.96% | |
| 47 | GE | General Electric | 股票-工业 | 0.41% | +0.05% | -6.96% | |
| 48 | DSGX | Descartes Systems Grp/the | 股票-科技 | 0.41% | +0.03% | — | |
| 49 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.40% | -0.03% | -30.25% | |
| 50 | APP | Applovin Corp-class A | 股票-科技 | 0.40% | -0.15% | — |
| # | 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 | +1.3% | +17.04% | 加仓 |
| 2 | NVDA | Nvidia CORP | +1.1% | +36.94% | 加仓 |
| 3 | MSFT | Microsoft CORP | +0.6% | +37.07% | 加仓 |
| 4 | SPGI | S&p Global Inc | +0.5% | +35.70% | 加仓 |
| 5 | KKR | Kkr & Co Inc | +0.4% | +344.41% | 加仓 |
| 6 | GEV | GE Vernova Inc | +0.4% | +44.38% | 加仓 |
| 7 | BKNG | Booking Holdings Inc | +0.4% | +933.46% | 加仓 |
| 8 | LIN | Linde plc | +0.3% | +127.54% | 加仓 |
| 9 | U | Unity Software Inc | +0.3% | +129.53% | 加仓 |
| 10 | AMZN | Amazon.com Inc | +0.3% | +12.53% | 加仓 |
| 11 | APO | Apollo Global Management Inc | +0.3% | +879.16% | 加仓 |
| 12 | AVGO | Broadcom Inc | +0.3% | +16.24% | 加仓 |
| 13 | EWY | Ishares Msci South Korea ETF | +0.3% | +116.59% | 加仓 |
| 14 | KBWB | Invesco Kbw Bank ETF | +0.2% | +86.06% | 加仓 |
| 15 | META | Meta Platforms Inc-class A | +0.2% | +71.21% | 加仓 |
| 16 | KWEB | Kranesh Csi China Internet | +0.2% | +98.54% | 加仓 |
| 17 | UNH | Unitedhealth Group Inc | +0.2% | +531.37% | 加仓 |
| 18 | TCOM | Trip.com Group Ltd-adr | +0.2% | +67.11% | 加仓 |
| 19 | WFC | Wells Fargo & Co | +0.1% | +40.33% | 加仓 |
| 20 | WDAY | Workday Inc-class A | +0.1% | +55.44% | 加仓 |
| 21 | GH | Guardant Health Inc | +0.1% | — | 不变 |
| 22 | SNOW | Snowflake Inc | +0.1% | +96.62% | 加仓 |
| 23 | DNLI | Denali Therapeutics Inc | +0.1% | +30.94% | 加仓 |
| 24 | INTA | Intapp Inc | +0.1% | — | 不变 |
| 25 | TPG | Tpg Inc | 0% | -0.13% | 减仓 |
| 26 | IBN | Icici Bank Ltd-spon Adr | 0% | +11.30% | 加仓 |
| 27 | V | Visa Inc-class A Shares | -0.1% | +5.10% | 加仓 |
| 28 | ETN | Eaton Corporation plc | -0.2% | -73.82% | 减仓 |
| 29 | ORCL | Oracle CORP | -0.2% | -93.21% | 减仓 |
| 30 | HTHT | H World Group Ltd-adr | -0.3% | -46.64% | 减仓 |
| 31 | ZTO | Zto Express Cayman Inc-adr | -0.3% | -39.96% | 减仓 |
| 32 | PDD | Pdd Holdings Inc | -0.3% | +7.70% | 加仓 |
| 33 | ONC | Beone Medicines Ltd-adr | -0.3% | -9.08% | 减仓 |
| 34 | CRS | Carpenter Technology | -0.4% | -70.32% | 减仓 |
| 35 | DASH | Doordash Inc - A | -0.5% | -0.27% | 减仓 |
| 36 | BABA | Alibaba Group Holding-sp Adr | -0.5% | -29.04% | 减仓 |
| 37 | RBLX | Roblox CORP -class A | -1.7% | — | 不变 |
| 38 | BLK | Blackrock Inc | -3.2% | — | 不变 |
| 39 | TDG | Transdigm Group Inc | — | NEW | 新建仓 |
| 40 | APP | Applovin Corp-class A | — | NEW | 新建仓 |
| 41 | VRT | Vertiv Holdings Co-a | — | NEW | 新建仓 |
| 42 | TEAM | Atlassian Corp-cl A | — | EXIT | 清仓 |
| 43 | FSLR | First Solar Inc | — | EXIT | 清仓 |
| 44 | CCJ | Cameco CORP | — | EXIT | 清仓 |
| 45 | FIX | Comfort Systems USA Inc | — | NEW | 新建仓 |
| 46 | DE | Deere & Co | — | EXIT | 清仓 |
| 47 | MCHI | Ishares Msci China ETF | — | NEW | 新建仓 |
| 48 | HD | Home Depot Inc | — | NEW | 新建仓 |
| 49 | TWLO | Twilio Inc - A | — | NEW | 新建仓 |
| 50 | PINS | Pinterest Inc- Class A | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Temasek Holdings 在 Q4 2025 季度的美股持仓总市值约为 US$372.5亿，共申报了 129 个公开持股仓位。
在 Q4 2025 季度，Temasek Holdings 按市值排列的前三大核心持股分别为：BLK (17.3%)、V (7.2%)、NVDA (5.3%)。其中最大持股仓位 BLK 占据整体投资组合约 17.3% 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
TDG
市值: US$1.9亿
本季最大获利了结 / 清仓标的
TEAM
前期市值: US$6917.6万
在 Q4 2025 季度中，Temasek Holdings 共进行了 46 项持仓异动，包含新建仓 7 个仓位、加仓 25 个仓位、减仓 9 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 TDG。 本季清仓仓位包含 TEAM。
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。
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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。