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: 0001478735
申报总市值
—
US$385.8亿
2300 檔
15.9%
Q2 2025 季度申报显示，Two Sigma Advisers, LP 披露的美股组合总市值为 US$385.8亿，涵盖 2300 个不同之权益投资仓位。
Two Sigma Advisers, LP 在 Q2 2025 进行了结构性的板块轮动与仓位换股。在开立 14 个全新仓位及加仓 85 档持股的同时，亦同步清仓 18 档并减仓 83 档标的。
在资产配置集中度方面，Two Sigma Advisers, LP 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合计占整体申报市值的 15.9%，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 2300 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 | 3.03% | — | -12.93% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.01% | — | +16.48% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.68% | — | +7.98% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.18% | — | +8.30% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.64% | — | -0.11% | |
| 6 | NFLX | Netflix Inc | 股票-通信服务 | 1.43% | — | +152.75% | |
| 7 | MA | Mastercard Inc - A | 股票-金融 | 1.35% | — | +3.72% | |
| 8 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.29% | — | +174.23% | |
| 9 | CRM | Salesforce Inc | 股票-科技 | 1.20% | — | +32.17% | |
| 10 | BAC | Bank Of America CORP | 股票-金融 | 1.20% | — | +14.31% | |
| 11 | SNOW | Snowflake Inc | 股票-科技 | 1.18% | — | -19.50% | |
| 12 | ADBE | Adobe Inc | 股票-科技 | 1.17% | — | +6.32% | |
| 13 | CVNA | Carvana Co | 股票-周期性消费 | 1.16% | — | +55.13% | |
| 14 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 1.16% | — | +83.99% | |
| 15 | BSX | Boston Scientific CORP | 股票-医疗保健 | 1.14% | — | +22.92% | |
| 16 | RBLX | Roblox CORP -class A | 股票-通信服务 | 1.09% | — | -31.32% | |
| 17 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.06% | — | +15.85% | |
| 18 | CME | Cme Group Inc | 股票-金融 | 1.04% | — | -7.85% | |
| 19 | REGN | Regeneron Pharmaceuticals | 股票-医疗保健 | 1.01% | — | +69.47% | |
| 20 | TMUS | T-mobile US Inc | 股票-通信服务 | 1.00% | — | +2398.37% | |
| 21 | LMT | Lockheed Martin CORP | 股票-工业 | 0.97% | — | -11.61% | |
| 22 | MSCI | Msci Inc | 股票-金融 | 0.96% | — | +6.24% | |
| 23 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.92% | — | +72.68% | |
| 24 | COR | Cencora Inc | 股票-医疗保健 | 0.89% | — | -12.64% | |
| 25 | TEAM | Atlassian Corp-cl A | 股票-科技 | 0.84% | — | +285.39% | |
| 26 | QCOM | Qualcomm Inc | 股票-科技 | 0.79% | — | -5.66% | |
| 27 | NKE | Nike Inc -cl B | 股票-周期性消费 | 0.79% | — | +8066.47% | |
| 28 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.76% | — | +22.18% | |
| 29 | GEV | GE Vernova Inc | 股票-工业 | 0.75% | — | +249.96% | |
| 30 | ZS | Zscaler Inc | 股票-科技 | 0.74% | — | +60.24% | |
| 31 | DASH | Doordash Inc - A | 股票-周期性消费 | 0.73% | — | -46.39% | |
| 32 | CPNG | Coupang Inc | 股票-周期性消费 | 0.72% | — | +111.76% | |
| 33 | DHR | Danaher CORP | 股票-医疗保健 | 0.70% | — | -10.99% | |
| 34 | INTU | Intuit Inc | 股票-科技 | 0.69% | — | +251.19% | |
| 35 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.65% | — | -17.23% | |
| 36 | DUOL | Duolingo | 股票-科技 | 0.63% | — | +340.28% | |
| 37 | SE | Sea Ltd-adr | 股票-通信服务 | 0.62% | — | +174.21% | |
| 38 | TSLA | Tesla Inc | 股票-周期性消费 | 0.60% | — | -35.90% | |
| 39 | HOOD | Robinhood Markets Inc - A | 股票-金融 | 0.57% | — | -48.24% | |
| 40 | LNG | Cheniere Energy Inc | 股票-能源 | 0.56% | — | -35.60% | |
| 41 | AON | Aon plc | 股票-金融 | 0.53% | — | — | |
| 42 | JNP | Juniper Networks Inc | 股票-其他 | 0.50% | — | +4.25% | |
| 43 | HUBS | Hubspot Inc | 股票-科技 | 0.49% | — | +119.20% | |
| 44 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.49% | — | — | |
| 45 | VEEV | Veeva Systems Inc-class A | 股票-医疗保健 | 0.47% | — | +26.30% | |
| 46 | EXE | Expand Energy CORP | 股票-能源 | 0.46% | — | +137.60% | |
| 47 | NOC | Northrop Grumman CORP | 股票-工业 | 0.45% | — | -47.75% | |
| 48 | MCK | Mckesson CORP | 股票-医疗保健 | 0.45% | — | +1.39% | |
| 49 | MRNA | Moderna Inc | 股票-医疗保健 | 0.44% | — | +105.22% | |
| 50 | IT | Gartner Inc | 股票-科技 | 0.43% | — | -1.77% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NFLX | Netflix Inc | +1% | +152.75% | 加仓 |
| 2 | TMUS | T-mobile US Inc | +1% | +2398.37% | 加仓 |
| 3 | MSFT | Microsoft CORP | +0.9% | +16.48% | 加仓 |
| 4 | COST | Costco Wholesale CORP | +0.8% | +174.23% | 加仓 |
| 5 | NKE | Nike Inc -cl B | +0.8% | +8066.47% | 加仓 |
| 6 | PLTR | Palantir Technologies Inc-a | +0.7% | +83.99% | 加仓 |
| 7 | CVNA | Carvana Co | +0.7% | +55.13% | 加仓 |
| 8 | GEV | GE Vernova Inc | +0.6% | +249.96% | 加仓 |
| 9 | TEAM | Atlassian Corp-cl A | +0.6% | +285.39% | 加仓 |
| 10 | AON | Aon plc | +0.5% | NEW | 新建仓 |
| 11 | INTU | Intuit Inc | +0.5% | +251.19% | 加仓 |
| 12 | DUOL | Duolingo | +0.5% | +340.28% | 加仓 |
| 13 | UNH | Unitedhealth Group Inc | +0.5% | NEW | 新建仓 |
| 14 | CPNG | Coupang Inc | +0.5% | +111.76% | 加仓 |
| 15 | ZS | Zscaler Inc | +0.4% | +60.24% | 加仓 |
| 16 | SE | Sea Ltd-adr | +0.4% | +174.21% | 加仓 |
| 17 | NVDA | Nvidia CORP | +0.4% | -12.93% | 减仓 |
| 18 | RIVN | Rivian Automotive Inc-a | +0.4% | +532.91% | 加仓 |
| 19 | PG | Procter & Gamble Co/the | +0.3% | +1208.26% | 加仓 |
| 20 | BTI | British American Tob-sp Adr | +0.3% | +264.41% | 加仓 |
| 21 | BABA | Alibaba Group Holding-sp Adr | +0.3% | NEW | 新建仓 |
| 22 | GDDY | Godaddy Inc - Class A | +0.3% | +1896.72% | 加仓 |
| 23 | CHWY | Chewy Inc - Class A | +0.3% | +1254.83% | 加仓 |
| 24 | AMZN | Amazon.com Inc | +0.3% | +8.30% | 加仓 |
| 25 | MRK | Merck & Co. Inc. | +0.3% | +72.68% | 加仓 |
| 26 | EXE | Expand Energy CORP | +0.3% | +137.60% | 加仓 |
| 27 | CAT | Caterpillar Inc | +0.3% | NEW | 新建仓 |
| 28 | HUBS | Hubspot Inc | +0.2% | +119.20% | 加仓 |
| 29 | CB | Chubb Limited | +0.2% | +3944.89% | 加仓 |
| 30 | CRM | Salesforce Inc | +0.2% | +32.17% | 加仓 |
| 31 | REGN | Regeneron Pharmaceuticals | +0.2% | +69.47% | 加仓 |
| 32 | SCHW | Schwab (charles) CORP | +0.2% | +15.85% | 加仓 |
| 33 | MRNA | Moderna Inc | +0.2% | +105.22% | 加仓 |
| 34 | RDDT | Reddit Inc-cl A | +0.2% | +56.97% | 加仓 |
| 35 | UNP | Union Pacific CORP | +0.2% | +20424.79% | 加仓 |
| 36 | ON | On Semiconductor | +0.2% | +18241.67% | 加仓 |
| 37 | BAC | Bank Of America CORP | +0.2% | +14.31% | 加仓 |
| 38 | BSX | Boston Scientific CORP | +0.2% | +22.92% | 加仓 |
| 39 | APH | Amphenol Corp-cl A | +0.2% | NEW | 新建仓 |
| 40 | JPM | Jpmorgan Chase & Co | +0.2% | +1774.57% | 加仓 |
| 41 | FIVE | Five Below | +0.2% | +109.64% | 加仓 |
| 42 | MRSH | Marsh & Mclennan Cos | +0.2% | +1000.18% | 加仓 |
| 43 | CLX | Clorox Company | +0.2% | +1816.67% | 加仓 |
| 44 | DECK | Deckers Outdoor CORP | +0.2% | +19853.85% | 加仓 |
| 45 | SAIA | Saia Inc | +0.2% | NEW | 新建仓 |
| 46 | ABNB | Airbnb Inc-class A | +0.1% | +22.18% | 加仓 |
| 47 | VEEV | Veeva Systems Inc-class A | +0.1% | +26.30% | 加仓 |
| 48 | DDOG | Datadog Inc - Class A | +0.1% | +754.79% | 加仓 |
| 49 | VOO | Vanguard S&P 500 ETF | +0.1% | +133.09% | 加仓 |
| 50 | CRDO | Credo Technology Group Holding Ltd | +0.1% | +26.69% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Two Sigma Advisers, LP 在 Q2 2025 季度的美股持仓总市值约为 US$385.8亿，共申报了 2300 个公开持股仓位。
在 Q2 2025 季度，Two Sigma Advisers, LP 按市值排列的前三大核心持股分别为：NVDA (3.0%)、MSFT (3.0%)、AAPL (2.7%)。其中最大持股仓位 NVDA 占据整体投资组合约 3.0% 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
AON
市值: US$2.6亿
本季最大获利了结 / 清仓标的
AMD
前期市值: US$1.5亿
在 Q2 2025 季度中，Two Sigma Advisers, LP 共进行了 200 项持仓异动，包含新建仓 14 个仓位、加仓 85 个仓位、减仓 83 个仓位以及清仓 18 个仓位。 其中最大新建仓标的为 AON。 本季清仓仓位包含 AMD。
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。