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: 0001761054
申报总市值
US$388.1亿
US$388.1亿
1010 檔
19.0%
根据最新整理的 13F 季度数据集，Treasurer of the State of North Carolina 于 Q4 2025 结束时的管理资产规模为 US$388.1亿。该机构在本季度申报了 1010 档美股持仓，呈现出该时期的主要投资地图。
在 Q4 2025，Treasurer of the State of North Carolina 展现出较为审慎的避险与获利了结姿态。本季共减仓 151 个仓位并完全清仓 3 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，Treasurer of the State of North Carolina 的前 5 大核心持股（包含 NVDA, AAPL, MSFT 等）合计占整体申报市值的 19.0%，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 1010 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 | 6.39% | -0.46% | -5.92% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.80% | -0.36% | -7.28% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.31% | -0.60% | -5.42% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.44% | -0.17% | -6.20% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.73% | +0.02% | -8.03% | |
| 6 | AVGO | Broadcom Inc | 股票-科技 | 2.56% | — | -6.70% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.34% | -0.37% | -4.62% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.21% | -0.01% | -8.53% | |
| 9 | TSLA | Tesla Inc | 股票-周期性消费 | 1.97% | -0.09% | -5.59% | |
| 10 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 1.60% | -0.02% | +0.34% | |
| 11 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.33% | +0.07% | -6.00% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.24% | -0.17% | -6.81% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.18% | -0.12% | -8.85% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 1.05% | -0.15% | -6.49% | |
| 15 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.92% | -0.17% | -5.11% | |
| 16 | MA | Mastercard Inc - A | 股票-金融 | 0.76% | -0.22% | -2.08% | |
| 17 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.72% | -0.13% | -1.03% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 0.68% | -0.35% | -9.14% | |
| 19 | WMT | Walmart Inc | 股票-非周期性消费 | 0.65% | -0.18% | -6.81% | |
| 20 | BAC | Bank Of America CORP | 股票-金融 | 0.65% | -0.03% | +20.73% | |
| 21 | CSCO | Cisco Systems Inc | 股票-科技 | 0.64% | +0.16% | -11.03% | |
| 22 | NFLX | Netflix Inc | 股票-通信服务 | 0.63% | -0.27% | +857.27% | |
| 23 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.63% | -0.18% | -5.72% | |
| 24 | ORCL | Oracle CORP | 股票-科技 | 0.59% | -0.08% | -4.36% | |
| 25 | MU | Micron Technology Inc | 股票-科技 | 0.58% | +1.03% | -9.59% | |
| 26 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.56% | -0.05% | -3.69% | |
| 27 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.51% | -0.14% | -6.81% | |
| 28 | IBM | Intl Business Machines CORP | 股票-科技 | 0.51% | -0.05% | -12.70% | |
| 29 | LRCX | Lam Research CORP | 股票-科技 | 0.48% | +0.25% | -5.92% | |
| 30 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.48% | +0.01% | -6.18% | |
| 31 | AMD | Advanced Micro Devices | 股票-科技 | 0.46% | +0.60% | -6.81% | |
| 32 | HD | Home Depot Inc | 股票-周期性消费 | 0.46% | -0.05% | -6.81% | |
| 33 | GE | General Electric | 股票-工业 | 0.44% | +0.01% | -5.41% | |
| 34 | KLAC | Kla CORP | 股票-科技 | 0.40% | +0.20% | -6.27% | |
| 35 | AMAT | Applied Materials Inc | 股票-科技 | 0.40% | +0.31% | -7.46% | |
| 36 | QCOM | Qualcomm Inc | 股票-科技 | 0.40% | +0.01% | -4.43% | |
| 37 | WFC | Wells Fargo & Co | 股票-金融 | 0.39% | -0.05% | -9.16% | |
| 38 | CVX | Chevron CORP | 股票-能源 | 0.38% | -0.18% | -9.10% | |
| 39 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.38% | -0.06% | -4.14% | |
| 40 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.38% | +0.01% | -0.12% | |
| 41 | AXP | American Express Co | 股票-金融 | 0.37% | -0.01% | -1.98% | |
| 42 | INTU | Intuit Inc | 股票-科技 | 0.37% | -0.09% | -6.26% | |
| 43 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.36% | -0.05% | -6.81% | |
| 44 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.36% | -0.09% | -18.82% | |
| 45 | PM | Philip Morris International | 股票-非周期性消费 | 0.36% | -0.07% | -18.45% | |
| 46 | CRM | Salesforce Inc | 股票-科技 | 0.36% | -0.04% | +1.05% | |
| 47 | CAT | Caterpillar Inc | 股票-工业 | 0.36% | +0.11% | -6.81% | |
| 48 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.36% | -0.13% | -5.68% | |
| 49 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.35% | -0.04% | +10.44% | |
| 50 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.35% | -0.01% | -8.91% |
| # | 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 | +0.5% | -8.03% | 减仓 |
| 2 | GOOG | Alphabet Inc-cl C | +0.4% | -8.53% | 减仓 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -6.00% | 减仓 |
| 4 | MU | Micron Technology Inc | +0.2% | -9.59% | 减仓 |
| 5 | BAC | Bank Of America CORP | +0.2% | +20.73% | 加仓 |
| 6 | AAPL | Apple Inc | +0.2% | -7.28% | 减仓 |
| 7 | IVV | Ishares Core S&p 500 ETF | +0.1% | +188.13% | 加仓 |
| 8 | AMD | Advanced Micro Devices | +0.1% | -6.81% | 减仓 |
| 9 | TMO | Thermo Fisher Scientific Inc | +0.1% | +10.44% | 加仓 |
| 10 | DUK | Duke Energy CORP | +0.1% | +68.84% | 加仓 |
| 11 | LRCX | Lam Research CORP | +0.1% | -5.92% | 减仓 |
| 12 | MRK | Merck & Co. Inc. | +0.1% | -0.12% | 减仓 |
| 13 | JNJ | Johnson & Johnson | +0.1% | -5.11% | 减仓 |
| 14 | IWM | Ishares Russell 2000 ETF | +0.1% | +0.34% | 加仓 |
| 15 | ACN | Accenture plc | +0.1% | +18.94% | 加仓 |
| 16 | AMZN | Amazon.com Inc | +0.1% | -6.20% | 减仓 |
| 17 | COF | Capital One Financial CORP | +0.1% | +10.47% | 加仓 |
| 18 | AMAT | Applied Materials Inc | +0.1% | -7.46% | 减仓 |
| 19 | L | Loews CORP | +0.1% | +227.54% | 加仓 |
| 20 | ADBE | Adobe Inc | +0.1% | +25.22% | 加仓 |
| 21 | INTC | Intel CORP | +0.1% | +12.49% | 加仓 |
| 22 | NTRS | Northern Trust CORP | +0.1% | +152.27% | 加仓 |
| 23 | MLI | Mueller Industries Inc | +0.1% | +268.69% | 加仓 |
| 24 | PTC | Ptc Inc | +0.1% | +175.36% | 加仓 |
| 25 | WBD | Warner Bros Discovery Inc | +0.1% | +16.30% | 加仓 |
| 26 | CRM | Salesforce Inc | +0.1% | +1.05% | 加仓 |
| 27 | ISRG | Intuitive Surgical Inc | +0.1% | -7.83% | 减仓 |
| 28 | CAT | Caterpillar Inc | +0.1% | -6.81% | 减仓 |
| 29 | AXP | American Express Co | +0.1% | -1.98% | 减仓 |
| 30 | AVGO | Broadcom Inc | 0% | -6.70% | 减仓 |
| 31 | ROST | Ross Stores Inc | 0% | +31.86% | 加仓 |
| 32 | FCX | Freeport-mcmoran Inc | 0% | -0.46% | 减仓 |
| 33 | WDC | Western Digital CORP | 0% | +13.20% | 加仓 |
| 34 | MNST | Monster Beverage CORP | 0% | +35.64% | 加仓 |
| 35 | EA | Electronic Arts Inc | 0% | +46.95% | 加仓 |
| 36 | IDXX | Idexx Laboratories Inc | 0% | +38.13% | 加仓 |
| 37 | ETR | Entergy CORP | 0% | +18.21% | 加仓 |
| 38 | NTAP | Netapp Inc | 0% | +117.51% | 加仓 |
| 39 | CMI | Cummins Inc | 0% | +0.97% | 加仓 |
| 40 | TIGO | Millicom International Cellular S.A. | 0% | +311.18% | 加仓 |
| 41 | GM | General Motors Co | 0% | -6.01% | 减仓 |
| 42 | SNDK | Sandisk CORP | 0% | +12.94% | 加仓 |
| 43 | ROL | Rollins Inc | 0% | +116.87% | 加仓 |
| 44 | DG | Dollar General CORP | 0% | +45.34% | 加仓 |
| 45 | REGN | Regeneron Pharmaceuticals | 0% | -9.48% | 减仓 |
| 46 | CTSH | Cognizant Tech Solutions-a | 0% | +27.47% | 加仓 |
| 47 | EXPE | Expedia Group Inc | 0% | +7.19% | 加仓 |
| 48 | CRH | CRH plc | 0% | +16.27% | 加仓 |
| 49 | GILD | Gilead Sciences Inc | 0% | -1.44% | 减仓 |
| 50 | GD | General Dynamics CORP | 0% | +10.30% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Treasurer of the State of North Carolina 在 Q4 2025 季度的美股持仓总市值约为 US$388.1亿，共申报了 1010 个公开持股仓位。
在 Q4 2025 季度，Treasurer of the State of North Carolina 按市值排列的前三大核心持股分别为：NVDA (6.4%)、AAPL (5.8%)、MSFT (5.3%)。其中最大持股仓位 NVDA 占据整体投资组合约 6.4% 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
Q
市值: US$716.0万
本季最大获利了结 / 清仓标的
KEL
前期市值: US$1024.5万
在 Q4 2025 季度中，Treasurer of the State of North Carolina 共进行了 200 项持仓异动，包含新建仓 1 个仓位、加仓 45 个仓位、减仓 151 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 Q。 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。