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: 0001512805
申报总市值
US$20.4亿
US$20.4亿
278 檔
32.1%
Westchester Capital Management, LLC 在 Q4 2025 季度的美股仓位总计估值为 US$20.4亿，分散于 278 个持仓标的之中，反映其市场参与广度与投资规模。
在 Q4 2025，Westchester Capital Management, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 74 个新仓位，并对 31 个既有持股进行加仓（合计增持 105 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Westchester Capital Management, LLC 的前 5 大核心持股（包含 CYBERARK SOFTWARE LTD. CMN, SPY, TECK 等）合计占整体申报市值的 32.1%，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 278 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 | ✓ | Cyberark Software LTD. Cmn | 股票-其他 | 6.14% | — | +17.93% | |
| 2 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 5.73% | -4.42% | EXIT | |
| 3 | TECK | Teck Resources Ltd-cls B | 股票-原材料 | 5.72% | — | -19.13% | |
| 4 | EA | Electronic Arts Inc | 股票-通信服务 | 5.10% | +1.59% | +360.00% | |
| 5 | WBD | Warner Bros Discovery Inc | 股票-通信服务 | 4.82% | +0.95% | +145.68% | |
| 6 | NSC | Norfolk Southern CORP | 股票-工业 | 4.70% | +1.42% | +196.27% | |
| 7 | GTLS | Chart Industries Inc | 股票-工业 | 4.30% | +1.63% | -9.70% | |
| 8 | FYBR | Frontier Communications Pare | 股票-其他 | 3.69% | — | +10.29% | |
| 9 | EXK | Exact Sciences CORP | 股票-原材料 | 3.21% | — | — | |
| 10 | RNAGBP | Avidity Biosciences Inc | 股票-其他 | 2.92% | — | — | |
| 11 | CMA | Comerica Inc | 股票-其他 | 2.40% | — | — | |
| 12 | PRA | Proassurance CORP | 股票-其他 | 1.63% | -1.63% | EXIT | |
| 13 | DAY | Dayforce Inc | 股票-其他 | 1.59% | — | — | |
| 14 | SDA | Sealed Air CORP | 股票-周期性消费 | 1.49% | -1.80% | EXIT | |
| 15 | YCY-UN | AA Mission Acquisition Corp. II | 股票-其他 | 1.21% | — | — | |
| 16 | 8QR | Confluent Inc-class A | 股票-其他 | 1.09% | — | — | |
| 17 | LBRDA | Liberty Broadband-a | 股票-其他 | 1.08% | -0.30% | -29.82% | |
| 18 | NGDN | New Gold Inc | 股票-其他 | 1.04% | — | — | |
| 19 | HO1 | Hologic Inc | 股票-其他 | 1.00% | -1.56% | EXIT | |
| 20 | TGNA | Tegna Inc | 股票-其他 | 0.97% | — | — | |
| 21 | ✓ | Haymaker Acquisition CORP Iv | 股票-其他 | 0.93% | -1.01% | EXIT | |
| 22 | ANSCW | Agriculture & Natural Solutions Acquisition Corporation | 股票-其他 | 0.92% | +0.10% | -20.29% | |
| 23 | AL | Air Lease CORP | 股票-其他 | 0.90% | -0.98% | EXIT | |
| 24 | ✓ | 股票-其他 | 0.82% | +0.06% | — | ||
| 25 | CSX | Csx CORP | 股票-工业 | 0.74% | — | +27.18% | |
| 26 | ✓ | Drugs Made In Amer Acqutn Co | 股票-其他 | 0.73% | -0.49% | — | |
| 27 | APTV | Aptiv PLC | 股票-周期性消费 | 0.72% | -0.03% | +239.09% | |
| 28 | ✓ | Sizzle Acquisition CORP. Ii | 股票-其他 | 0.67% | -0.13% | — | |
| 29 | UTE0 | Cantaloupe Inc | 股票-其他 | 0.62% | -0.21% | EXIT | |
| 30 | GPATU | GP-Act III Acquisition Corp. | 股票-其他 | 0.61% | -0.42% | EXIT | |
| 31 | ✓ | Globa Terra Acquisition Cor | 股票-其他 | 0.60% | +0.05% | — | |
| 32 | CADE | Cadence Bank | 股票-其他 | 0.59% | — | — | |
| 33 | HON | Honeywell International Inc | 股票-工业 | 0.59% | -0.33% | EXIT | |
| 34 | ✓ | 股票-其他 | 0.58% | +0.05% | +103.87% | ||
| 35 | ✓ | Titan Acquisition CORP | 股票-其他 | 0.58% | -0.19% | — | |
| 36 | VOYG | Voyager Technologies, Inc. | 股票-其他 | 0.57% | -0.47% | EXIT | |
| 37 | SIMA | SIM Acquisition Corp. I | 股票-其他 | 0.57% | -0.37% | EXIT | |
| 38 | ✓ | New Providence Acquisition C | 股票-其他 | 0.55% | +0.05% | — | |
| 39 | ✓ | Oyster Enterprises Ii Acquis Ord Sh | 股票-其他 | 0.55% | +0.05% | +190.96% | |
| 40 | THS | Treehouse Foods Inc | 股票-其他 | 0.55% | — | — | |
| 41 | ✓ | Kochav Defense Acqui Co S | 股票-其他 | 0.55% | +0.05% | +349.65% | |
| 42 | ✓ | Soulpower Acquisition CORP | 股票-其他 | 0.55% | +0.06% | — | |
| 43 | ✓ | 股票-其他 | 0.54% | -0.44% | EXIT | ||
| 44 | ✓ | Jackson Acquisition Co Ii | 股票-其他 | 0.52% | +0.05% | — | |
| 45 | ✓ | Aldel Finl Ii Inc | 股票-其他 | 0.51% | +0.05% | — | |
| 46 | ✓ | 股票-其他 | 0.49% | +0.04% | -4.35% | ||
| 47 | ✓ | 股票-其他 | 0.45% | +0.05% | — | ||
| 48 | ✓ | 股票-其他 | 0.43% | +0.04% | — | ||
| 49 | ✓ | 股票-其他 | 0.42% | -0.13% | -9.38% | ||
| 50 | ✓ | 股票-其他 | 0.42% | +0.04% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | EA | Electronic Arts Inc | +3.9% | +360.00% | 加仓 |
| 2 | WBD | Warner Bros Discovery Inc | +3.4% | +145.68% | 加仓 |
| 3 | NSC | Norfolk Southern CORP | +2.9% | +196.27% | 加仓 |
| 4 | APTV | Aptiv PLC | +0.5% | +239.09% | 加仓 |
| 5 | AL | Air Lease CORP | +0.5% | +117.58% | 加仓 |
| 6 | ✓ | Kochav Defense Acqui Co S | +0.4% | +349.65% | 加仓 |
| 7 | ✓ | Oyster Enterprises Ii Acquis Ord Sh | +0.4% | +190.96% | 加仓 |
| 8 | ✓ | +0.3% | +103.87% | 加仓 | |
| 9 | ✓ | Oxley Bridge Acq LTD | +0.2% | +80.61% | 加仓 |
| 10 | ✓ | +0.2% | +78.13% | 加仓 | |
| 11 | ✓ | +0.1% | +532.41% | 加仓 | |
| 12 | ✓ | Solarius Capital Acqu CORP S | +0.1% | +113.33% | 加仓 |
| 13 | CSX | Csx CORP | +0.1% | +27.18% | 加仓 |
| 14 | ✓ | Drugs Made In Amer Acq Ii Co | +0.1% | +151.46% | 加仓 |
| 15 | FYBR | Frontier Communications Pare | +0.1% | +10.29% | 加仓 |
| 16 | ✓ | +0.1% | +110.00% | 加仓 | |
| 17 | ✓ | A Paradise Acquisition CORP | +0.1% | +91.98% | 加仓 |
| 18 | ✓ | Bain Cap Gss Invt CORP | +0.1% | +900.00% | 加仓 |
| 19 | OAKU | Oak Woods Acquisition Corp-a | +0.1% | +1844.79% | 加仓 |
| 20 | GPATU | GP-Act III Acquisition Corp. | +0.1% | +22.51% | 加仓 |
| 21 | KHC | Kraft Heinz Co/the | +0.1% | +40.95% | 加仓 |
| 22 | ✓ | +0.1% | +31.58% | 加仓 | |
| 23 | ✓ | +0.1% | +35.00% | 加仓 | |
| 24 | ✓ | +0.1% | +30.00% | 加仓 | |
| 25 | CUBWW | Lionheart Holdings | 0% | +33.35% | 加仓 |
| 26 | ✓ | Silver Pegasus Acquisition C Shs Cl | 0% | +40.00% | 加仓 |
| 27 | ✓ | 0% | +30.00% | 加仓 | |
| 28 | HON | Honeywell International Inc | 0% | +20.37% | 加仓 |
| 29 | ✓ | Cyberark Software LTD. Cmn | — | +17.93% | 加仓 |
| 30 | ✓ | — | -40.07% | 减仓 | |
| 31 | EFT | Eaton Vance Fltng Rt Inc Tr | 0% | -26.10% | 减仓 |
| 32 | ✓ | 0% | -74.59% | 减仓 | |
| 33 | ✓ | 0% | — | 不变 | |
| 34 | ✓ | Horizon Space Acquisition Ii | 0% | — | 不变 |
| 35 | ✓ | 0% | — | 不变 | |
| 36 | ✓ | 0% | — | 不变 | |
| 37 | ✓ | 0% | -63.43% | 减仓 | |
| 38 | ✓ | Real Asset Acquisition CORP | 0% | -10.40% | 减仓 |
| 39 | ALFUW | Centurion Acquisition Corp. | 0% | +0.01% | 加仓 |
| 40 | ✓ | 0% | — | 不变 | |
| 41 | ✓ | Vendome Acquisition CORP I C | 0% | — | 不变 |
| 42 | ✓ | Legato Merger CORP Iii | 0% | — | 不变 |
| 43 | ✓ | Live Oak Acquisition CORP V | 0% | — | 不变 |
| 44 | VOYG | Voyager Technologies, Inc. | 0% | — | 不变 |
| 45 | ✓ | Archimedes Tech Spac Partner | 0% | +0.79% | 加仓 |
| 46 | ✓ | 0% | — | 不变 | |
| 47 | ✓ | 0% | -3.70% | 减仓 | |
| 48 | ✓ | 0% | — | 不变 | |
| 49 | ✓ | 0% | — | 不变 | |
| 50 | ✓ | Blue Acquisition CORP. | 0% | -38.23% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Westchester Capital Management, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$20.4亿，共申报了 278 个公开持股仓位。
在 Q4 2025 季度，Westchester Capital Management, LLC 按市值排列的前三大核心持股分别为：CYBERARK SOFTWARE LTD. CMN (6.1%)、SPY (5.7%)、TECK (5.7%)。其中最大持股仓位 CYBERARK SOFTWARE LTD. CMN 占据整体投资组合约 6.1% 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
EXK
市值: US$7632.9万
本季最大获利了结 / 清仓标的
07WA
前期市值: US$1.6亿
在 Q4 2025 季度中，Westchester Capital Management, LLC 共进行了 174 项持仓异动，包含新建仓 74 个仓位、加仓 31 个仓位、减仓 30 个仓位以及清仓 39 个仓位。 其中最大新建仓标的为 EXK。 本季清仓仓位包含 07WA。
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。