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: 0001353312
申报总市值
US$34.8亿
US$34.8亿
68 檔
18.9%
在 Q4 2025 的 13F 官方备案中，Tremblant Capital Group 管理的美股投资组合规模来到 US$34.8亿，整体持股档数为 68 档。
在 Q4 2025，Tremblant Capital Group 操作展现出积极扩展与加仓意向。本季共新建仓 32 个新仓位，并对 25 个既有持股进行加仓（合计增持 57 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Tremblant Capital Group 的前 5 大核心持股（包含 SPOT, DASH, TKO 等）合计占整体申报市值的 18.9%，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 | SPOT | Spotify Technology S.A. | 股票-通信服务 | 3.58% | -0.51% | +222.70% | |
| 2 | DASH | Doordash Inc - A | 股票-周期性消费 | 3.44% | +0.29% | +202.46% | |
| 3 | TKO | Tko Group Holdings Inc | 股票-通信服务 | 3.42% | -0.75% | +156.80% | |
| 4 | QTWO | Q2 Holdings Inc | 股票-科技 | 3.34% | -0.05% | +407.85% | |
| 5 | WING | Wingstop Inc | 股票-周期性消费 | 3.00% | +0.34% | +305.22% | |
| 6 | VRNS | Varonis Systems Inc | 股票-科技 | 2.94% | +2.05% | +677.98% | |
| 7 | LYV | Live Nation Entertainment In | 股票-通信服务 | 2.85% | +0.19% | +282.35% | |
| 8 | GRAB | Grab Holdings Limited | 股票-科技 | 2.82% | -0.37% | +131.43% | |
| 9 | CSGP | Costar Group Inc | 股票-房地产 | 2.81% | -1.77% | +624.11% | |
| 10 | LITE | Lumentum Holdings Inc | 股票-科技 | 2.81% | -1.07% | — | |
| 11 | ROKU | Roku Inc | 股票-通信服务 | 2.74% | -1.81% | +158.93% | |
| 12 | CPNG | Coupang Inc | 股票-周期性消费 | 2.74% | +0.47% | +254.22% | |
| 13 | CMG | Chipotle Mexican Grill Inc | 股票-周期性消费 | 2.56% | -0.13% | +305.37% | |
| 14 | MNDY | monday.com Ltd. | 股票-科技 | 2.46% | +0.60% | +272.43% | |
| 15 | NCNO | Ncino Inc | 股票-其他 | 2.31% | -0.89% | EXIT | |
| 16 | UBER | Uber Technologies Inc | 股票-工业 | 2.21% | -2.20% | +181.39% | |
| 17 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 2.16% | -2.10% | — | |
| 18 | WBD | Warner Bros Discovery Inc | 股票-通信服务 | 2.14% | -0.43% | EXIT | |
| 19 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 2.11% | — | +208.45% | |
| 20 | LPLA | Lpl Financial Holdings Inc | 股票-金融 | 2.02% | — | — | |
| 21 | AFRM | Affirm Holdings Inc | 股票-金融 | 2.01% | +1.37% | — | |
| 22 | WH | Wyndham Hotels & Resorts Inc | 股票-周期性消费 | 1.99% | -0.43% | +601.98% | |
| 23 | RDDT | Reddit Inc-cl A | 股票-通信服务 | 1.97% | +0.50% | — | |
| 24 | HWM | Howmet Aerospace Inc | 股票-工业 | 1.96% | -0.12% | — | |
| 25 | COR | Cencora Inc | 股票-医疗保健 | 1.75% | -0.23% | — | |
| 26 | GLBE | Global-E Online Ltd. | 股票-其他 | 1.68% | — | +218.19% | |
| 27 | ROL | Rollins Inc | 股票-周期性消费 | 1.66% | -1.63% | EXIT | |
| 28 | WAB | Wabtec CORP | 股票-工业 | 1.62% | -0.19% | +352.16% | |
| 29 | CVNA | Carvana Co | 股票-周期性消费 | 1.52% | -0.11% | — | |
| 30 | CPAY | Corpay Inc | 股票-科技 | 1.40% | — | — | |
| 31 | AXON | Axon Enterprise Inc | 股票-工业 | 1.36% | -1.14% | EXIT | |
| 32 | RKLB | Rocket Lab CORP | 股票-工业 | 1.36% | +0.41% | — | |
| 33 | BWXT | Bwx Technologies Inc | 股票-工业 | 1.28% | -0.51% | — | |
| 34 | EVR | Evercore Inc - A | 股票-金融 | 1.26% | — | +876.90% | |
| 35 | SBUX | Starbucks CORP | 股票-周期性消费 | 1.23% | -0.53% | +72.71% | |
| 36 | TLN | Talen Energy CORP | 股票-公用事业 | 1.16% | +0.56% | — | |
| 37 | IDXX | Idexx Laboratories Inc | 股票-医疗保健 | 1.13% | -0.21% | — | |
| 38 | ALNY | Alnylam Pharmaceuticals Inc | 股票-医疗保健 | 1.12% | -0.21% | — | |
| 39 | VEEV | Veeva Systems Inc-class A | 股票-医疗保健 | 1.10% | — | — | |
| 40 | DIS | Walt Disney Co/the | 股票-通信服务 | 1.09% | -0.07% | +0.23% | |
| 41 | SOFI | Sofi Technologies Inc | 股票-金融 | 1.09% | -0.01% | — | |
| 42 | EME | Emcor Group Inc | 股票-工业 | 1.08% | -0.03% | — | |
| 43 | MDB | Mongodb Inc | 股票-科技 | 1.04% | +0.82% | — | |
| 44 | BE | Bloom Energy Corp- A | 股票-工业 | 1.03% | +0.81% | — | |
| 45 | TRGP | Targa Resources CORP | 股票-能源 | 0.95% | -0.10% | — | |
| 46 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.94% | +0.76% | — | |
| 47 | PAR | Par Technology Corp/del | 股票-其他 | 0.93% | — | — | |
| 48 | ATEC | Alphatec Holdings Inc | 股票-其他 | 0.87% | -0.13% | — | |
| 49 | PODD | Insulet CORP | 股票-医疗保健 | 0.79% | -0.04% | — | |
| 50 | INSM | Insmed Inc | 股票-医疗保健 | 0.78% | -0.39% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CSGP | Costar Group Inc | +0.8% | +624.11% | 加仓 |
| 2 | WH | Wyndham Hotels & Resorts Inc | +0.8% | +601.98% | 加仓 |
| 3 | EVR | Evercore Inc - A | +0.7% | +876.90% | 加仓 |
| 4 | QTWO | Q2 Holdings Inc | +0.7% | +407.85% | 加仓 |
| 5 | NCNO | Ncino Inc | +0.5% | +434.38% | 加仓 |
| 6 | VRNS | Varonis Systems Inc | +0.3% | +677.98% | 加仓 |
| 7 | WAB | Wabtec CORP | +0.3% | +352.16% | 加仓 |
| 8 | CMG | Chipotle Mexican Grill Inc | -0.2% | +305.37% | 加仓 |
| 9 | WING | Wingstop Inc | -0.2% | +305.22% | 加仓 |
| 10 | V | Visa Inc-class A Shares | -0.3% | -1.79% | 减仓 |
| 11 | MA | Mastercard Inc - A | -0.3% | -1.72% | 减仓 |
| 12 | GLBE | Global-E Online Ltd. | -0.3% | +218.19% | 加仓 |
| 13 | 8QR | Confluent Inc-class A | -0.3% | +43.80% | 加仓 |
| 14 | EL | Estee Lauder Companies-cl A | -0.3% | -1.74% | 减仓 |
| 15 | MTCH | Match Group Inc | -0.4% | +2.77% | 加仓 |
| 16 | PGR | Progressive CORP | -0.4% | -1.75% | 减仓 |
| 17 | LYV | Live Nation Entertainment In | -0.6% | +282.35% | 加仓 |
| 18 | LION | Lionsgate Studios CORP | -0.8% | -5.33% | 减仓 |
| 19 | ✓ | Cyberark Software LTD. Cmn | -0.9% | +208.45% | 加仓 |
| 20 | MNDY | monday.com Ltd. | -1.1% | +272.43% | 加仓 |
| 21 | AMZN | Amazon.com Inc | -1.1% | +51.33% | 加仓 |
| 22 | ROKU | Roku Inc | -1.2% | +158.93% | 加仓 |
| 23 | CPNG | Coupang Inc | -1.5% | +254.22% | 加仓 |
| 24 | CHTR | Charter Communications Inc-a | -1.6% | -74.76% | 减仓 |
| 25 | UBER | Uber Technologies Inc | -1.6% | +181.39% | 加仓 |
| 26 | SBUX | Starbucks CORP | -1.7% | +72.71% | 加仓 |
| 27 | TKO | Tko Group Holdings Inc | -1.8% | +156.80% | 加仓 |
| 28 | SPOT | Spotify Technology S.A. | -1.8% | +222.70% | 加仓 |
| 29 | DASH | Doordash Inc - A | -2.1% | +202.46% | 加仓 |
| 30 | SHOP | Shopify Inc - Class A | -2.1% | -11.42% | 减仓 |
| 31 | BBWI | Bath & Body Works Inc | -2.2% | -77.26% | 减仓 |
| 32 | DKNG | Draftkings Inc-cl A | -2.3% | -71.41% | 减仓 |
| 33 | MELI | Mercadolibre Inc | -2.9% | -2.96% | 减仓 |
| 34 | GRAB | Grab Holdings Limited | -3.1% | +131.43% | 加仓 |
| 35 | DIS | Walt Disney Co/the | -3.3% | +0.23% | 加仓 |
| 36 | WBD | Warner Bros Discovery Inc | -4% | -4.33% | 减仓 |
| 37 | LITE | Lumentum Holdings Inc | — | NEW | 新建仓 |
| 38 | RCL | Royal Caribbean Cruises Ltd. | — | NEW | 新建仓 |
| 39 | LPLA | Lpl Financial Holdings Inc | — | NEW | 新建仓 |
| 40 | AFRM | Affirm Holdings Inc | — | NEW | 新建仓 |
| 41 | RDDT | Reddit Inc-cl A | — | NEW | 新建仓 |
| 42 | HWM | Howmet Aerospace Inc | — | NEW | 新建仓 |
| 43 | COR | Cencora Inc | — | NEW | 新建仓 |
| 44 | ROL | Rollins Inc | — | NEW | 新建仓 |
| 45 | CVNA | Carvana Co | — | NEW | 新建仓 |
| 46 | CPAY | Corpay Inc | — | NEW | 新建仓 |
| 47 | AXON | Axon Enterprise Inc | — | NEW | 新建仓 |
| 48 | RKLB | Rocket Lab CORP | — | NEW | 新建仓 |
| 49 | BWXT | Bwx Technologies Inc | — | NEW | 新建仓 |
| 50 | TLN | Talen Energy CORP | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Tremblant Capital Group 在 Q4 2025 季度的美股持仓总市值约为 US$34.8亿，共申报了 68 个公开持股仓位。
在 Q4 2025 季度，Tremblant Capital Group 按市值排列的前三大核心持股分别为：SPOT (3.6%)、DASH (3.4%)、TKO (3.4%)。其中最大持股仓位 SPOT 占据整体投资组合约 3.6% 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
LITE
市值: US$1.1亿
本季最大获利了结 / 清仓标的
VSXY
前期市值: US$1977.3万
在 Q4 2025 季度中，Tremblant Capital Group 共进行了 71 项持仓异动，包含新建仓 32 个仓位、加仓 25 个仓位、减仓 11 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 LITE。 本季清仓仓位包含 VSXY。
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。