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: 0001954551
申报总市值
US$4.6亿
US$4.6亿
49 檔
31.3%
Q4 2025 季度申报显示，Warther Private Wealth, LLC 披露的美股组合总市值为 US$4.6亿，涵盖 49 个不同之权益投资仓位。
Warther Private Wealth, LLC 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 3 个全新仓位及加仓 23 档持股的同时，亦同步清仓 4 档并减仓 19 档标的。
在资产配置集中度方面，Warther Private Wealth, LLC 的前 5 大核心持股（包含 UNH, BABA, GOOGL 等）合计占整体申报市值的 31.3%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
XOM
市值: US$861.2万
本季最大获利了结 / 清仓标的
IBKR
前期市值: US$67.6万
| # | 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 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 8.80% | -2.61% | -3.70% | |
| 2 | BABA | Alibaba Group Holding-sp Adr | 股票-周期性消费 | 8.14% | -3.67% | -2.96% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 6.89% | +0.14% | -15.95% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 5.18% | +0.02% | -10.90% | |
| 5 | NVO | Novo-nordisk A/s-spons Adr | 股票-医疗保健 | 5.09% | -0.16% | +2.66% | |
| 6 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 5.09% | +0.71% | -12.27% | |
| 7 | LLY | Eli Lilly & Co | 股票-医疗保健 | 4.86% | +1.87% | -14.47% | |
| 8 | ASML | ASML Holding N.V. | 股票-科技 | 4.76% | +0.12% | -14.27% | |
| 9 | MELI | Mercadolibre Inc | 股票-周期性消费 | 4.71% | +0.64% | +53.12% | |
| 10 | SCHW | Schwab (charles) CORP | 股票-金融 | 4.60% | +0.92% | -4.41% | |
| 11 | CMG | Chipotle Mexican Grill Inc | 股票-周期性消费 | 4.55% | -1.53% | +71.06% | |
| 12 | NU | Nu Holdings Ltd. | 股票-金融 | 4.12% | -0.44% | -22.37% | |
| 13 | FICO | Fair Isaac CORP | 股票-科技 | 3.98% | +1.09% | -9.79% | |
| 14 | EL | Estee Lauder Companies-cl A | 股票-非周期性消费 | 3.78% | -2.43% | -3.17% | |
| 15 | UBER | Uber Technologies Inc | 股票-工业 | 3.78% | +0.24% | -2.48% | |
| 16 | FTNT | Fortinet Inc | 股票-科技 | 3.55% | -0.80% | -23.03% | |
| 17 | FISV | Fiserv Inc | 股票-其他 | 3.31% | +0.17% | +56.69% | |
| 18 | AVGO | Broadcom Inc | 股票-科技 | 2.74% | +0.89% | -17.67% | |
| 19 | XOM | Exxon Mobil CORP | 股票-能源 | 2.06% | -6.96% | EXIT | |
| 20 | NFLX | Netflix Inc | 股票-通信服务 | 1.95% | -0.29% | — | |
| 21 | AAPL | Apple Inc | 股票-科技 | 1.33% | +0.06% | -4.70% | |
| 22 | NVDA | Nvidia CORP | 股票-科技 | 1.14% | +0.11% | -4.13% | |
| 23 | VST | Vistra CORP | 股票-公用事业 | 0.98% | -0.09% | EXIT | |
| 24 | MSFT | Microsoft CORP | 股票-科技 | 0.85% | -0.03% | +1.07% | |
| 25 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.42% | +0.06% | -4.45% | |
| 26 | MCK | Mckesson CORP | 股票-医疗保健 | 0.36% | +1.92% | NEW | |
| 27 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 0.33% | +0.98% | +21.18% | |
| 28 | AXP | American Express Co | 股票-金融 | 0.25% | +0.15% | +0.46% | |
| 29 | CAT | Caterpillar Inc | 股票-工业 | 0.24% | +0.06% | +64.81% | |
| 30 | V | Visa Inc-class A Shares | 股票-金融 | 0.24% | +0.01% | +4.26% | |
| 31 | ORCL | Oracle CORP | 股票-科技 | 0.18% | — | +1.07% | |
| 32 | HD | Home Depot Inc | 股票-周期性消费 | 0.15% | — | +5.10% | |
| 33 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.14% | -0.03% | +6.40% | |
| 34 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.14% | -0.05% | +1.30% | |
| 35 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.13% | +0.01% | +1.30% | |
| 36 | MA | Mastercard Inc - A | 股票-金融 | 0.12% | — | +4.88% | |
| 37 | SSO | Proshares Ultra S&p500 | ETF-其他 | 0.12% | — | +100.00% | |
| 38 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.12% | -0.01% | +7.96% | |
| 39 | AMAT | Applied Materials Inc | 股票-科技 | 0.12% | +0.09% | +1.49% | |
| 40 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.11% | — | +10.83% | |
| 41 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.10% | — | — | |
| 42 | RTX | Rtx CORP | 股票-工业 | 0.09% | — | +1.10% | |
| 43 | MS | Morgan Stanley | 股票-金融 | 0.09% | — | +2.15% | |
| 44 | R | Ryder System Inc | 股票-工业 | 0.08% | — | — | |
| 45 | ROK | Rockwell Automation Inc | 股票-工业 | 0.07% | — | -20.00% | |
| 46 | EMR | Emerson Electric Co | 股票-工业 | 0.06% | — | +1.24% | |
| 47 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.06% | — | — | |
| 48 | SHEL | Shell Plc-adr | 股票-能源 | 0.05% | — | — | |
| 49 | PROP | Prairie Operating Co | 股票-其他 | 0.01% | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | CMG | Chipotle Mexican Grill Inc | +1.8% | +71.06% | 加仓 |
| 2 | MELI | Mercadolibre Inc | +1.2% | +53.12% | 加仓 |
| 3 | LLY | Eli Lilly & Co | +0.9% | -14.47% | 减仓 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.6% | -15.95% | 减仓 |
| 5 | EL | Estee Lauder Companies-cl A | +0.5% | -3.17% | 减仓 |
| 6 | MCK | Mckesson CORP | +0.3% | +328.27% | 加仓 |
| 7 | CAT | Caterpillar Inc | +0.1% | +64.81% | 加仓 |
| 8 | FICO | Fair Isaac CORP | +0.1% | -9.79% | 减仓 |
| 9 | GOOG | Alphabet Inc-cl C | +0.1% | -4.45% | 减仓 |
| 10 | VOO | Vanguard S&p 500 ETF | +0.1% | +21.18% | 加仓 |
| 11 | SCHW | Schwab (charles) CORP | +0.1% | -4.41% | 减仓 |
| 12 | ISRG | Intuitive Surgical Inc | 0% | +1.30% | 加仓 |
| 13 | AXP | American Express Co | 0% | +0.46% | 加仓 |
| 14 | AMAT | Applied Materials Inc | 0% | +1.49% | 加仓 |
| 15 | AAPL | Apple Inc | 0% | -4.70% | 减仓 |
| 16 | V | Visa Inc-class A Shares | 0% | +4.26% | 加仓 |
| 17 | JPM | Jpmorgan Chase & Co | 0% | +10.83% | 加仓 |
| 18 | MS | Morgan Stanley | 0% | +2.15% | 加仓 |
| 19 | RTX | Rtx CORP | 0% | +1.10% | 加仓 |
| 20 | SAP | Sap Se-sponsored Adr | — | — | 不变 |
| 21 | MA | Mastercard Inc - A | — | +4.88% | 加仓 |
| 22 | SSO | Proshares Ultra S&p500 | — | +100.00% | 加仓 |
| 23 | BRK-B | Berkshire Hathaway Inc-cl B | — | +1.30% | 加仓 |
| 24 | EMR | Emerson Electric Co | — | +1.24% | 加仓 |
| 25 | SHEL | Shell Plc-adr | — | — | 不变 |
| 26 | COST | Costco Wholesale CORP | — | +6.40% | 加仓 |
| 27 | R | Ryder System Inc | — | — | 不变 |
| 28 | PROP | Prairie Operating Co | — | — | 不变 |
| 29 | MRSH | Marsh & Mclennan Cos | — | +7.96% | 加仓 |
| 30 | HD | Home Depot Inc | 0% | +5.10% | 加仓 |
| 31 | ROK | Rockwell Automation Inc | 0% | -20.00% | 减仓 |
| 32 | MSFT | Microsoft CORP | 0% | +1.07% | 加仓 |
| 33 | NVDA | Nvidia CORP | 0% | -4.13% | 减仓 |
| 34 | ORCL | Oracle CORP | -0.1% | +1.07% | 加仓 |
| 35 | TSM | Taiwan Semiconductor-sp Adr | -0.2% | -12.27% | 减仓 |
| 36 | ASML | ASML Holding N.V. | -0.2% | -14.27% | 减仓 |
| 37 | NVO | Novo-nordisk A/s-spons Adr | -0.3% | +2.66% | 加仓 |
| 38 | AMZN | Amazon.com Inc | -0.3% | -10.90% | 减仓 |
| 39 | AVGO | Broadcom Inc | -0.4% | -17.67% | 减仓 |
| 40 | UNH | Unitedhealth Group Inc | -0.7% | -3.70% | 减仓 |
| 41 | FISV | Fiserv Inc | -0.7% | +56.69% | 加仓 |
| 42 | UBER | Uber Technologies Inc | -0.8% | -2.48% | 减仓 |
| 43 | NU | Nu Holdings Ltd. | -0.9% | -22.37% | 减仓 |
| 44 | FTNT | Fortinet Inc | -1.3% | -23.03% | 减仓 |
| 45 | VST | Vistra CORP | -1.5% | -52.69% | 减仓 |
| 46 | BABA | Alibaba Group Holding-sp Adr | -2% | -2.96% | 减仓 |
| 47 | XOM | Exxon Mobil CORP | — | NEW | 新建仓 |
| 48 | NFLX | Netflix Inc | — | NEW | 新建仓 |
| 49 | IBKR | Interactive Brokers Gro-cl A | — | EXIT | 清仓 |
| 50 | BX | Blackstone Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Warther Private Wealth, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$4.6亿，共申报了 49 个公开持股仓位。
在 Q4 2025 季度，Warther Private Wealth, LLC 按市值排列的前三大核心持股分别为：UNH (8.8%)、BABA (8.1%)、GOOGL (6.9%)。其中最大持股仓位 UNH 占据整体投资组合约 8.8% 的权重。
在 Q4 2025 季度中，Warther Private Wealth, LLC 共进行了 49 项持仓异动，包含新建仓 3 个仓位、加仓 23 个仓位、减仓 19 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 XOM。 本季清仓仓位包含 IBKR。
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。
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。
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。