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: 0001729300
申报总市值
US$3.9亿
US$3.9亿
161 檔
14.8%
根据最新整理的 13F 季度数据集，X-Square Capital, LLC 于 Q4 2025 结束时的管理资产规模为 US$3.9亿。该机构在本季度申报了 161 档美股持仓，呈现出该时期的主要投资地图。
X-Square Capital, LLC 在 Q4 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 65 档持股的同时，亦同步清仓 15 档并减仓 66 档标的。
在资产配置集中度方面，X-Square Capital, LLC 的前 5 大核心持股（包含 HIMS, ASTS, SPY 等）合计占整体申报市值的 14.8%，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 | HIMS | Hims & Hers Health Inc | 股票-医疗保健 | 4.99% | +0.80% | +9.68% | |
| 2 | ASTS | Ast Spacemobile Inc | 股票-科技 | 4.05% | +4.22% | -25.33% | |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 3.90% | -0.46% | +4.32% | |
| 4 | AMD | Advanced Micro Devices | 股票-科技 | 3.16% | +2.31% | -27.72% | |
| 5 | IREN | IREN Limited | 股票-其他 | 2.97% | +0.16% | — | |
| 6 | MELI | Mercadolibre Inc | 股票-周期性消费 | 2.53% | -0.42% | +103.18% | |
| 7 | MU | Micron Technology Inc | 股票-科技 | 2.41% | +1.96% | -33.27% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.32% | -1.22% | +1.40% | |
| 9 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.30% | -0.16% | -2.13% | |
| 10 | ROOT | Root Inc/oh -class A | 股票-其他 | 1.82% | -0.54% | EXIT | |
| 11 | NVDA | Nvidia CORP | 股票-科技 | 1.69% | -0.22% | +9.58% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.67% | -0.25% | -4.70% | |
| 13 | TJX | Tjx Companies Inc | 股票-周期性消费 | 1.63% | -0.47% | -2.88% | |
| 14 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.59% | -0.05% | -1.06% | |
| 15 | AMGN | Amgen Inc | 股票-医疗保健 | 1.54% | -0.25% | -1.67% | |
| 16 | IBIT | Ishares Bitcoin Trust ETF | ETF-加密货币 | 1.51% | -0.42% | -31.24% | |
| 17 | MSTR | Strategy Inc | 股票-科技 | 1.40% | -0.97% | EXIT | |
| 18 | DUOL | Duolingo | 股票-科技 | 1.36% | -0.17% | +206.61% | |
| 19 | URI | United Rentals Inc | 股票-工业 | 1.34% | +0.25% | -2.85% | |
| 20 | WMT | Walmart Inc | 股票-非周期性消费 | 1.32% | -0.22% | +1.05% | |
| 21 | GD | General Dynamics CORP | 股票-工业 | 1.24% | -0.26% | -2.73% | |
| 22 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.21% | -0.08% | +0.90% | |
| 23 | SU | Suncor Energy Inc | 股票-能源 | 1.21% | -0.40% | -3.05% | |
| 24 | CPRT | Copart Inc | 股票-工业 | 1.17% | -0.22% | -1.34% | |
| 25 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.15% | -0.08% | -3.27% | |
| 26 | AAPL | Apple Inc | 股票-科技 | 1.10% | -0.21% | +4.50% | |
| 27 | EXPE | Expedia Group Inc | 股票-周期性消费 | 1.07% | -0.13% | -1.56% | |
| 28 | XPO | Xpo Inc | 股票-工业 | 1.03% | -0.29% | -4.13% | |
| 29 | TSLA | Tesla Inc | 股票-周期性消费 | 1.01% | -0.12% | -3.61% | |
| 30 | MSFT | Microsoft CORP | 股票-科技 | 0.97% | -0.09% | -1.14% | |
| 31 | ONDS | Ondas Inc | 股票-科技 | 0.96% | +0.42% | NEW | |
| 32 | PM | Philip Morris International | 股票-非周期性消费 | 0.95% | -0.16% | -2.25% | |
| 33 | TDG | Transdigm Group Inc | 股票-工业 | 0.94% | -0.09% | -3.87% | |
| 34 | NAIL | Dire Dail Hb & Sb 3x Etf-usd | ETF-其他 | 0.85% | — | — | |
| 35 | ORCL | Oracle CORP | 股票-科技 | 0.84% | -0.29% | +193.02% | |
| 36 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.78% | -0.10% | -4.13% | |
| 37 | BKNG | Booking Holdings Inc | 股票-周期性消费 | 0.76% | -0.17% | — | |
| 38 | LULU | Lululemon Athletica Inc | 股票-周期性消费 | 0.74% | -0.24% | -4.77% | |
| 39 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.74% | -0.24% | +1.87% | |
| 40 | DG | Dollar General CORP | 股票-非周期性消费 | 0.70% | -0.17% | -4.24% | |
| 41 | RACE | Ferrari N.V. | 股票-周期性消费 | 0.70% | -0.07% | — | |
| 42 | ZTAX | X-square Municipal Inc ETF | ETF-其他 | 0.68% | -0.17% | +0.09% | |
| 43 | VALE | Vale Sa-sp Adr | 股票-原材料 | 0.68% | -0.24% | -1.26% | |
| 44 | GNRC | Generac Holdings Inc | 股票-工业 | 0.67% | +0.17% | -4.08% | |
| 45 | ORLY | O'reilly Automotive Inc | 股票-周期性消费 | 0.66% | -0.15% | -7.25% | |
| 46 | DPZ | Domino's Pizza Inc | 股票-周期性消费 | 0.65% | -0.21% | -3.95% | |
| 47 | OFG | Ofg Bancorp | 股票-其他 | 0.64% | -0.06% | -70.39% | |
| 48 | FBP | First Bancorp Puerto Rico | 股票-其他 | 0.64% | -0.05% | -64.75% | |
| 49 | CROX | Crocs Inc | 股票-周期性消费 | 0.63% | +0.08% | -1.34% | |
| 50 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.62% | +0.02% | +1.40% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MELI | Mercadolibre Inc | +1.2% | +103.18% | 加仓 |
| 2 | ONDS | Ondas Inc | +0.6% | +100.00% | 加仓 |
| 3 | DUOL | Duolingo | +0.6% | +206.61% | 加仓 |
| 4 | ASTS | Ast Spacemobile Inc | +0.6% | -25.33% | 减仓 |
| 5 | ORCL | Oracle CORP | +0.4% | +193.02% | 加仓 |
| 6 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.4% | +4.32% | 加仓 |
| 7 | CIFR | Cipher Digital Inc | +0.4% | +326.47% | 加仓 |
| 8 | MU | Micron Technology Inc | +0.4% | -33.27% | 减仓 |
| 9 | OIH | Vaneck Oil Services ETF | +0.3% | +235.87% | 加仓 |
| 10 | GOOG | Alphabet Inc-cl C | +0.3% | +0.90% | 加仓 |
| 11 | EXPE | Expedia Group Inc | +0.3% | -1.56% | 减仓 |
| 12 | AMGN | Amgen Inc | +0.3% | -1.67% | 减仓 |
| 13 | TEVA | Teva Pharmaceutical-sp Adr | +0.2% | -0.02% | 减仓 |
| 14 | NVDA | Nvidia CORP | +0.2% | +9.58% | 加仓 |
| 15 | WMT | Walmart Inc | +0.2% | +1.05% | 加仓 |
| 16 | DG | Dollar General CORP | +0.2% | -4.24% | 减仓 |
| 17 | AAPL | Apple Inc | +0.2% | +4.50% | 加仓 |
| 18 | BORR | Borr Drilling Limited | +0.1% | -3.40% | 减仓 |
| 19 | VALE | Vale Sa-sp Adr | +0.1% | -1.26% | 减仓 |
| 20 | AMZN | Amazon.com Inc | +0.1% | -1.06% | 减仓 |
| 21 | TJX | Tjx Companies Inc | +0.1% | -2.88% | 减仓 |
| 22 | BAK | Braskem Sa-class A- Adr | +0.1% | +117.65% | 加仓 |
| 23 | LULU | Lululemon Athletica Inc | +0.1% | -4.77% | 减仓 |
| 24 | GOOGL | Alphabet Inc-cl A | +0.1% | +0.14% | 加仓 |
| 25 | JPM | Jpmorgan Chase & Co | +0.1% | -2.13% | 减仓 |
| 26 | BTE | Baytex Energy CORP | +0.1% | — | 不变 |
| 27 | FCX | Freeport-mcmoran Inc | +0.1% | +11.17% | 加仓 |
| 28 | RTX | Rtx CORP | +0.1% | +2.48% | 加仓 |
| 29 | SU | Suncor Energy Inc | +0.1% | -3.05% | 减仓 |
| 30 | PLTR | Palantir Technologies Inc-a | +0.1% | +60.74% | 加仓 |
| 31 | JNJ | Johnson & Johnson | +0.1% | +1.96% | 加仓 |
| 32 | SHOP | Shopify Inc - Class A | +0.1% | +1.65% | 加仓 |
| 33 | APP | Applovin Corp-class A | +0.1% | +15.15% | 加仓 |
| 34 | ALLY | Ally Financial Inc | +0.1% | +2.71% | 加仓 |
| 35 | ZTAX | X-square Municipal Inc ETF | +0.1% | +0.09% | 加仓 |
| 36 | XPO | Xpo Inc | +0.1% | -4.13% | 减仓 |
| 37 | RIO | Rio Tinto Plc-spon Adr | +0.1% | +4.90% | 加仓 |
| 38 | XOM | Exxon Mobil CORP | +0.1% | +9.01% | 加仓 |
| 39 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | +1.40% | 加仓 |
| 40 | HCC | Warrior Met Coal Inc | 0% | -11.71% | 减仓 |
| 41 | LLY | Eli Lilly & Co | 0% | +1.92% | 加仓 |
| 42 | MS | Morgan Stanley | 0% | — | 不变 |
| 43 | CB | Chubb Limited | 0% | -3.08% | 减仓 |
| 44 | MRK | Merck & Co. Inc. | 0% | -2.12% | 减仓 |
| 45 | AKAM | Akamai Technologies Inc | 0% | +6.28% | 加仓 |
| 46 | BAC | Bank Of America CORP | 0% | +0.40% | 加仓 |
| 47 | SOXX | Ishares Semiconductor ETF | 0% | +2.89% | 加仓 |
| 48 | TFC | Truist Financial CORP | 0% | +2.12% | 加仓 |
| 49 | AMR | Alpha Metallurgical Resource | 0% | -6.58% | 减仓 |
| 50 | EXE | Expand Energy CORP | 0% | +2.73% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，X-Square Capital, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$3.9亿，共申报了 161 个公开持股仓位。
在 Q4 2025 季度，X-Square Capital, LLC 按市值排列的前三大核心持股分别为：HIMS (5.0%)、ASTS (4.0%)、SPY (3.9%)。其中最大持股仓位 HIMS 占据整体投资组合约 5.0% 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
IREN
市值: US$906.5万
本季最大获利了结 / 清仓标的
CLSK
前期市值: US$290.0万
在 Q4 2025 季度中，X-Square Capital, LLC 共进行了 160 项持仓异动，包含新建仓 14 个仓位、加仓 65 个仓位、减仓 66 个仓位以及清仓 15 个仓位。 其中最大新建仓标的为 IREN。 本季清仓仓位包含 CLSK。
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。