机构持仓 · SEC 原始申报 · 季度变化Institutional holdings · SEC filings · quarterly change
13F 分析13F Analysis
不是“抄作业榜单”。这里先解析申报实体、修订、期权与数据单位，再判断一份 13F 能解释多少管理人意图。
Not a copy-trading leaderboard. We resolve filing entities, amendments, options and value units before asking how much a 13F can reveal about manager intent.
报告期Report date2026-06-30
检查截至Checked through2026-08-16
本季研究结论Quarterly research conclusion
先读“谁在申报”，再读“买了什么”
Read who filed before reading what they bought
平台型 13F 规模巨大，却经常汇总指数、客户、托管或多管理人资产；大仓位不等于单一投委会的最佳想法。
Platform 13Fs are enormous but often aggregate index, client, custody or multi-manager assets; a large holding is not necessarily one committee's best idea.
集中型主动机构 的新增、显著增持和持仓延续更有解释力，但仍需结合估值、基本面、13D/G 和公司行动。
Concentrated active managers offer more interpretable entries, material adds and persistence, but valuation, fundamentals, 13D/G filings and corporate actions still matter.
量化与多策略机构 的期权、对冲和账外不可见敞口使净方向难以恢复，跨机构同向变化只能作为研究线索。
Quant and multi-strategy managers have options, hedges and invisible exposures that obscure net direction; shared moves are research leads only.
2026-03-31 → 2026-06-30
他们卖了什么｜本季 vs 上季What they sold | current vs prior quarter
先用公司行动调整后的股数判断减持，再用“上季可见权重 × 股数降幅”排列重要性。已完成的现金/CVR并购从卖出分类剔除，换股并购并入继承证券基线；申报人范围变化时不分类方向，组合申报的缺席也不自动叫退出。
Reductions are identified from corporate-action-adjusted shares, then ranked by prior visible weight × share reduction. Completed cash/CVR mergers are excluded, stock mergers enter the successor baseline, scope changes suppress directional labels, and absences in combination filings are not automatically called exits.
sale-impact proxy (pp) = prior visible weight (%) × share reduction
它不是成交额：13F 不提供交易日与成交价。只有范围可比、非组合/关系申报且排除已知公司事件后，缺席才进入“退出候选”；它仍不是已证实的主动清仓。
This is not realized proceeds: 13F omits trade dates and prices. An absence becomes an “apparent exit” only after a comparable scope, a non-combination/non-notice filing chain and known event checks; it is still not a confirmed active liquidation.
知名主动、量化与事件型机构Notable active, quant and event-driven managers 18
| 机构Manager | 最重要的可比减持Most material comparable reduction | 最大退出候选Largest apparent exit | 明细Detail |
|---|---|---|---|
| Berkshire Hathaway伯克希尔·哈撒韦 | BANK OF AMER CORPCOM · CUSIP 060505104股数 -5.9%；上季 9.52% → 本季 9.20%Shares -5.9%; prior 9.52% → current 9.20%减仓影响代理 ≈ 0.56 个百分点Sale-impact proxy ≈ 0.56 pp | CONSTELLATION BRANDS INCCL A · CUSIP 21036P108本期同一换算后证券未见；上季权重 0.04%No comparable adjusted security this quarter; prior weight 0.04%减仓影响代理 ≈ 0.04 个百分点Sale-impact proxy ≈ 0.04 pp | 全部变化All changes |
| Bridgewater Associates桥水基金已核对 6 项公司行动，其中 3 项为现金/CVR结算6 corporate actions checked; 3 cash/CVR settlements | AMAZON COM INCCOM · CUSIP 023135106股数 -53.9%；上季 4.08% → 本季 1.98%Shares -53.9%; prior 4.08% → current 1.98%减仓影响代理 ≈ 2.20 个百分点Sale-impact proxy ≈ 2.20 pp | CISCO SYS INCCOM · CUSIP 17275R102本期同一换算后证券未见；上季权重 0.28%No comparable adjusted security this quarter; prior weight 0.28%减仓影响代理 ≈ 0.28 个百分点Sale-impact proxy ≈ 0.28 pp | 全部变化All changes |
| Renaissance Technologies文艺复兴科技已核对 13 项公司行动，其中 8 项为现金/CVR结算13 corporate actions checked; 8 cash/CVR settlements | MICRON TECHNOLOGY INCCOM · CUSIP 595112103股数 -90.2%；上季 1.14% → 本季 0.34%Shares -90.2%; prior 1.14% → current 0.34%减仓影响代理 ≈ 1.03 个百分点Sale-impact proxy ≈ 1.03 pp | APPLOVIN CORPCOM CL A · CUSIP 03831W108本期同一换算后证券未见；上季权重 0.27%No comparable adjusted security this quarter; prior weight 0.27%减仓影响代理 ≈ 0.27 个百分点Sale-impact proxy ≈ 0.27 pp | 全部变化All changes |
| Citadel Advisors城堡投资已核对 18 项公司行动，其中 12 项为现金/CVR结算18 corporate actions checked; 12 cash/CVR settlements | STATE STR SPDR DOW JONES INDUT SER 1 · CUSIP 78467X109股数 -92.1%；上季 0.25% → 本季 0.02%Shares -92.1%; prior 0.25% → current 0.02%减仓影响代理 ≈ 0.23 个百分点Sale-impact proxy ≈ 0.23 pp | WESTERN DIGITAL CORPNOTE 3.000%11/1 · CUSIP 958102AT2本期同一换算后证券未见；上季权重 0.11%No comparable adjusted security this quarter; prior weight 0.11%减仓影响代理 ≈ 0.11 个百分点Sale-impact proxy ≈ 0.11 pp | 全部变化All changes |
| Millennium Management千禧管理已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | WESTERN DIGITAL CORPNOTE 3.000%11/1 · CUSIP 958102AT2股数 -71.8%；上季 0.61% → 本季 0.35%Shares -71.8%; prior 0.61% → current 0.35%减仓影响代理 ≈ 0.44 个百分点Sale-impact proxy ≈ 0.44 pp | 组合或关系申报：10 项本季未见，仅列为未分类缺席Combination or notice filing: 10 current absences remain unclassified | 全部变化All changes |
| D. E. Shaw德劭已核对 16 项公司行动，其中 9 项为现金/CVR结算16 corporate actions checked; 9 cash/CVR settlements | BROADCOM INCCOM · CUSIP 11135F101股数 -58.3%；上季 1.22% → 本季 0.49%Shares -58.3%; prior 1.22% → current 0.49%减仓影响代理 ≈ 0.71 个百分点Sale-impact proxy ≈ 0.71 pp | WESTERN DIGITAL CORPNOTE 3.000% 11/1 · CUSIP 958102AT2本期同一换算后证券未见；上季权重 0.66%No comparable adjusted security this quarter; prior weight 0.66%减仓影响代理 ≈ 0.66 个百分点Sale-impact proxy ≈ 0.66 pp | 全部变化All changes |
| Elliott Investment Management埃利奥特投资管理 | SUNCOR ENERGY INC NEWCOM · CUSIP 867224107股数 -44.1%；上季 17.31% → 本季 6.97%Shares -44.1%; prior 17.31% → current 6.97%减仓影响代理 ≈ 7.63 个百分点Sale-impact proxy ≈ 7.63 pp | CROWN CASTLE INCCOM · CUSIP 22822V101本期同一换算后证券未见；上季权重 0.49%No comparable adjusted security this quarter; prior weight 0.49%减仓影响代理 ≈ 0.49 个百分点Sale-impact proxy ≈ 0.49 pp | 全部变化All changes |
| Pershing Square潘兴广场 | AMAZON COM INCCOM · CUSIP 023135106股数 -25.2%；上季 16.70% → 本季 10.49%Shares -25.2%; prior 16.70% → current 10.49%减仓影响代理 ≈ 4.21 个百分点Sale-impact proxy ≈ 4.21 pp | 组合或关系申报：2 项本季未见，仅列为未分类缺席Combination or notice filing: 2 current absences remain unclassified | 全部变化All changes |
| Tiger Global Management老虎环球 | ALPHABET INCCAP STK CL A · CUSIP 02079K305股数 -45.4%；上季 13.38% → 本季 8.65%Shares -45.4%; prior 13.38% → current 8.65%减仓影响代理 ≈ 6.07 个百分点Sale-impact proxy ≈ 6.07 pp | APPLOVIN CORPCOM CL A · CUSIP 03831W108本期同一换算后证券未见；上季权重 1.74%No comparable adjusted security this quarter; prior weight 1.74%减仓影响代理 ≈ 1.74 个百分点Sale-impact proxy ≈ 1.74 pp | 全部变化All changes |
| Coatue Management蔻图资本 | APPLIED MATLS INCCOM · CUSIP 038222105股数 -19.7%；上季 6.17% → 本季 6.26%Shares -19.7%; prior 6.17% → current 6.26%减仓影响代理 ≈ 1.22 个百分点Sale-impact proxy ≈ 1.22 pp | VISA INCCOM CL A · CUSIP 92826C839本期同一换算后证券未见；上季权重 0.75%No comparable adjusted security this quarter; prior weight 0.75%减仓影响代理 ≈ 0.75 个百分点Sale-impact proxy ≈ 0.75 pp | 全部变化All changes |
| Lone Pine Capital孤松资本 | TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS · CUSIP 874039100股数 -92.7%；上季 3.74% → 本季 0.30%Shares -92.7%; prior 3.74% → current 0.30%减仓影响代理 ≈ 3.47 个百分点Sale-impact proxy ≈ 3.47 pp | VISTRA CORPCOM · CUSIP 92840M102本期同一换算后证券未见；上季权重 7.42%No comparable adjusted security this quarter; prior weight 7.42%减仓影响代理 ≈ 7.42 个百分点Sale-impact proxy ≈ 7.42 pp | 全部变化All changes |
| Viking Global Investors维京环球已核对 1 项公司行动1 corporate action checked | TESLA INCCOM · CUSIP 88160R101股数 -78.0%；上季 2.59% → 本季 0.66%Shares -78.0%; prior 2.59% → current 0.66%减仓影响代理 ≈ 2.02 个百分点Sale-impact proxy ≈ 2.02 pp | APPLE INCCOM · CUSIP 037833100本期同一换算后证券未见；上季权重 2.55%No comparable adjusted security this quarter; prior weight 2.55%减仓影响代理 ≈ 2.55 个百分点Sale-impact proxy ≈ 2.55 pp | 全部变化All changes |
| Third Point第三点 | AMAZON COM INCCOM · CUSIP 023135106股数 -9.8%；上季 19.40% → 本季 8.91%Shares -9.8%; prior 19.40% → current 8.91%减仓影响代理 ≈ 1.90 个百分点Sale-impact proxy ≈ 1.90 pp | META PLATFORMS INCCL A · CUSIP 30303M102本期同一换算后证券未见；上季权重 2.47%No comparable adjusted security this quarter; prior weight 2.47%减仓影响代理 ≈ 2.47 个百分点Sale-impact proxy ≈ 2.47 pp | 全部变化All changes |
| Soros Fund Management索罗斯基金管理已核对 11 项公司行动，其中 9 项为现金/CVR结算11 corporate actions checked; 9 cash/CVR settlements | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 全部变化All changes |
| Baupost Group包普斯特集团 | WESCO INTL INCCOM · CUSIP 95082P105股数 -53.9%；上季 7.69% → 本季 4.23%Shares -53.9%; prior 7.69% → current 4.23%减仓影响代理 ≈ 4.14 个百分点Sale-impact proxy ≈ 4.14 pp | WILLIS TOWERS WATSON PLC LTDSHS · CUSIP G96629103本期同一换算后证券未见；上季权重 5.08%No comparable adjusted security this quarter; prior weight 5.08%减仓影响代理 ≈ 5.08 个百分点Sale-impact proxy ≈ 5.08 pp | 全部变化All changes |
| Appaloosa阿帕卢萨 | MICRON TECHNOLOGY INCCOM · CUSIP 595112103股数 -41.4%；上季 9.48% → 本季 14.57%Shares -41.4%; prior 9.48% → current 14.57%减仓影响代理 ≈ 3.93 个百分点Sale-impact proxy ≈ 3.93 pp | SANDISK CORPCOM · CUSIP 80004C200本期同一换算后证券未见；上季权重 3.01%No comparable adjusted security this quarter; prior weight 3.01%减仓影响代理 ≈ 3.01 个百分点Sale-impact proxy ≈ 3.01 pp | 全部变化All changes |
| Duquesne Family Office杜肯家族办公室 | Alcoa CorpCOM · CUSIP 013872106股数 -87.6%；上季 2.93% → 本季 0.19%Shares -87.6%; prior 2.93% → current 0.19%减仓影响代理 ≈ 2.57 个百分点Sale-impact proxy ≈ 2.57 pp | Broadcom IncCOM · CUSIP 11135F101本期同一换算后证券未见；上季权重 1.80%No comparable adjusted security this quarter; prior weight 1.80%减仓影响代理 ≈ 1.80 个百分点Sale-impact proxy ≈ 1.80 pp | 全部变化All changes |
| Scion Asset Management赛恩资产管理 | 本季申报缺失，不能推断卖出或清仓Current filing missing; no sale or exit can be inferred | 本季申报缺失，不能推断卖出或清仓Current filing missing; no sale or exit can be inferred | 全部变化All changes |
头部平台型机构Large investment platforms 12
| 机构Manager | 最重要的可比减持Most material comparable reduction | 最大退出候选Largest apparent exit | 明细Detail |
|---|---|---|---|
| BlackRock贝莱德已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | QUALCOMM INCCOM · CUSIP 747525103股数 -10.2%；上季 0.24% → 本季 0.26%Shares -10.2%; prior 0.24% → current 0.26%减仓影响代理 ≈ 0.02 个百分点Sale-impact proxy ≈ 0.02 pp | 组合或关系申报：10 项本季未见，仅列为未分类缺席Combination or notice filing: 10 current absences remain unclassified | 全部变化All changes |
| State Street道富已核对 18 项公司行动，其中 11 项为现金/CVR结算18 corporate actions checked; 11 cash/CVR settlements | EXXON MOBIL CORPCOM · CUSIP 30231G102股数 -3.3%；上季 1.25% → 本季 0.84%Shares -3.3%; prior 1.25% → current 0.84%减仓影响代理 ≈ 0.04 个百分点Sale-impact proxy ≈ 0.04 pp | HONEYWELL AEROSPACE INCCOM · CUSIP 43849R105本期同一换算后证券未见；上季权重 0.12%No comparable adjusted security this quarter; prior weight 0.12%减仓影响代理 ≈ 0.12 个百分点Sale-impact proxy ≈ 0.12 pp公司行动已换算Corporate action adjusted | 全部变化All changes |
| JPMorgan摩根大通已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | EXXON MOBIL CORPCOMMON · CUSIP 30231G102股数 -24.7%；上季 0.94% → 本季 0.48%Shares -24.7%; prior 0.94% → current 0.48%减仓影响代理 ≈ 0.23 个百分点Sale-impact proxy ≈ 0.23 pp | DAY ONE BIOPHARMACEUTICALS ICOMMON · CUSIP 23954D109本期同一换算后证券未见；上季权重 0.00%No comparable adjusted security this quarter; prior weight 0.00%减仓影响代理 ≈ 0.00 个百分点Sale-impact proxy ≈ 0.00 pp | 全部变化All changes |
| Morgan Stanley摩根士丹利已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | STATE STR SPDR S&P 500 ETF TTR UNIT · CUSIP 78462F103股数 -20.3%；上季 1.59% → 本季 1.27%Shares -20.3%; prior 1.59% → current 1.27%减仓影响代理 ≈ 0.32 个百分点Sale-impact proxy ≈ 0.32 pp | 组合或关系申报：10 项本季未见，仅列为未分类缺席Combination or notice filing: 10 current absences remain unclassified | 全部变化All changes |
| Goldman Sachs高盛已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | STATE STR SPDR S&P 500 ETF TCMN · CUSIP 78462F103股数 -13.9%；上季 2.73% → 本季 2.04%Shares -13.9%; prior 2.73% → current 2.04%减仓影响代理 ≈ 0.38 个百分点Sale-impact proxy ≈ 0.38 pp | CARNIVAL PLCCMN · CUSIP 14365C103本期同一换算后证券未见；上季权重 0.02%No comparable adjusted security this quarter; prior weight 0.02%减仓影响代理 ≈ 0.02 个百分点Sale-impact proxy ≈ 0.02 pp | 全部变化All changes |
| Bank of America美国银行已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | NETFLIX INC.COM · CUSIP 64110L106股数 -35.4%；上季 0.41% → 本季 0.17%Shares -35.4%; prior 0.41% → current 0.17%减仓影响代理 ≈ 0.14 个百分点Sale-impact proxy ≈ 0.14 pp | VERIS RESIDENTIAL INCCOM · CUSIP 554489104本期同一换算后证券未见；上季权重 0.00%No comparable adjusted security this quarter; prior weight 0.00%减仓影响代理 ≈ 0.00 个百分点Sale-impact proxy ≈ 0.00 pp | 全部变化All changes |
| UBS瑞银已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 全部变化All changes |
| Northern Trust北方信托已核对 18 项公司行动，其中 11 项为现金/CVR结算18 corporate actions checked; 11 cash/CVR settlements | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 全部变化All changes |
| Fidelity / FMR富达 / FMR已核对 19 项公司行动，其中 12 项为现金/CVR结算19 corporate actions checked; 12 cash/CVR settlements | META PLATFORMS INCCL A · CUSIP 30303M102股数 -17.8%；上季 3.51% → 本季 2.35%Shares -17.8%; prior 3.51% → current 2.35%减仓影响代理 ≈ 0.62 个百分点Sale-impact proxy ≈ 0.62 pp | THERMON GROUP HLDGS INCCOM · CUSIP 88362T103本期同一换算后证券未见；上季权重 0.01%No comparable adjusted security this quarter; prior weight 0.01%减仓影响代理 ≈ 0.01 个百分点Sale-impact proxy ≈ 0.01 pp | 全部变化All changes |
| Vanguard先锋领航已核对 18 项公司行动，其中 11 项为现金/CVR结算18 corporate actions checked; 11 cash/CVR settlements | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 申报人范围跨季变化，本季不分类增减持Filer scope changed across quarters; directional changes are not classified | 全部变化All changes |
| Capital Group资本集团已核对 8 项公司行动，其中 4 项为现金/CVR结算8 corporate actions checked; 4 cash/CVR settlements | MICRON TECHNOLOGY INCCOM · CUSIP 595112103股数 -20.8%；上季 1.03% → 本季 2.46%Shares -20.8%; prior 1.03% → current 2.46%减仓影响代理 ≈ 0.21 个百分点Sale-impact proxy ≈ 0.21 pp | CAESARS ENTERTAINMENT INC NECOM · CUSIP 12769G100本期同一换算后证券未见；上季权重 0.02%No comparable adjusted security this quarter; prior weight 0.02%减仓影响代理 ≈ 0.02 个百分点Sale-impact proxy ≈ 0.02 pp | 全部变化All changes |
| T. Rowe Price普信集团已核对 16 项公司行动，其中 12 项为现金/CVR结算16 corporate actions checked; 12 cash/CVR settlements | APPLE INCCOMM STK · CUSIP 037833100股数 -22.6%；上季 5.43% → 本季 4.20%Shares -22.6%; prior 5.43% → current 4.20%减仓影响代理 ≈ 1.23 个百分点Sale-impact proxy ≈ 1.23 pp | 组合或关系申报：10 项本季未见，仅列为未分类缺席Combination or notice filing: 10 current absences remain unclassified | 全部变化All changes |
Independent brand parents
跨机构共识线索Cross-manager consensus leads
只统计可比的知名主动机构品牌母体；平台型机构被排除。共识可能是信息，也可能是拥挤。退出是事件核验候选，不自动解释成集体看空。
Counts comparable notable active-manager brand parents; platform filings are excluded. Consensus can reflect information or crowding. Exits are event-diligence candidates, not automatic evidence of shared bearishness.
同向新增 / 增持Shared entries / adds
| 证券Security | 机构 / 策略数Managers / styles | 其中新建New positions | 部分机构Selected managers |
|---|---|---|---|
| AMAZON COM INCCOM · CUSIP 023135106 | 9 / 5 | 1 | Appaloosa, Baupost Group, Citadel Advisors, Coatue Management, D. E. Shaw +4 |
| SPACE EXPLORATION TECHN CORPCLASS A COM STK · CUSIP 84615Q103 | 8 / 4 | 8 | Appaloosa, Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw +3 |
| SEAGATE TECHNOLOGY HLDNGS PLORD SHS · CUSIP G7997R103 | 6 / 3 | 2 | Citadel Advisors, D. E. Shaw, Duquesne Family Office, Lone Pine Capital, Renaissance Technologies +1 |
| CME GROUP INCCOM · CUSIP 12572Q105 | 6 / 3 | 2 | Baupost Group, Citadel Advisors, D. E. Shaw, Millennium Management, Renaissance Technologies +1 |
| CARVANA COCL A · CUSIP 146869102 | 6 / 3 | 1 | Citadel Advisors, Coatue Management, Duquesne Family Office, Lone Pine Capital, Renaissance Technologies +1 |
| ALPHABET INCCAP STK CL A · CUSIP 02079K305 | 5 / 5 | 1 | Berkshire Hathaway, Coatue Management, Duquesne Family Office, Renaissance Technologies, Third Point |
| VISA INCCOM CL A · CUSIP 92826C839 | 5 / 4 | 2 | Bridgewater Associates, Citadel Advisors, Lone Pine Capital, Pershing Square, Tiger Global Management |
| META PLATFORMS INCCL A · CUSIP 30303M102 | 5 / 4 | 0 | Appaloosa, D. E. Shaw, Pershing Square, Renaissance Technologies, Viking Global Investors |
| ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107 | 5 / 3 | 3 | Citadel Advisors, Coatue Management, Duquesne Family Office, Renaissance Technologies, Tiger Global Management |
| S&P GLOBAL INCCOM · CUSIP 78409V104 | 5 / 3 | 2 | Bridgewater Associates, Citadel Advisors, D. E. Shaw, Pershing Square, Renaissance Technologies |
同向减持 / 退出候选Shared reductions / apparent exits
| 证券Security | 机构 / 策略数Managers / styles | 其中退出Exits | 部分机构Selected managers |
|---|---|---|---|
| MICRON TECHNOLOGY INCCOM · CUSIP 595112103 | 8 / 4 | 1 | Appaloosa, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Duquesne Family Office +3 |
| TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS · CUSIP 874039100 | 8 / 4 | 0 | Bridgewater Associates, Citadel Advisors, Coatue Management, D. E. Shaw, Lone Pine Capital +3 |
| SANDISK CORPCOM · CUSIP 80004C200 | 7 / 4 | 1 | Appaloosa, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Duquesne Family Office +2 |
| SPOTIFY TECHNOLOGY S ASHS · CUSIP L8681T102 | 7 / 2 | 1 | Citadel Advisors, Coatue Management, D. E. Shaw, Lone Pine Capital, Millennium Management +2 |
| BROADCOM INCCOM · CUSIP 11135F101 | 6 / 5 | 2 | Bridgewater Associates, D. E. Shaw, Duquesne Family Office, Millennium Management, Third Point +1 |
| TWILIO INCCL A · CUSIP 90138F102 | 6 / 4 | 4 | Bridgewater Associates, Citadel Advisors, D. E. Shaw, Duquesne Family Office, Renaissance Technologies +1 |
| LAM RESEARCH CORPCOM NEW · CUSIP 512807306 | 6 / 4 | 1 | Appaloosa, Bridgewater Associates, Coatue Management, D. E. Shaw, Third Point +1 |
| MICROSOFT CORPCOM · CUSIP 594918104 | 6 / 4 | 1 | Appaloosa, Bridgewater Associates, D. E. Shaw, Renaissance Technologies, Tiger Global Management +1 |
| APPLE INCCOM · CUSIP 037833100 | 6 / 4 | 1 | Bridgewater Associates, D. E. Shaw, Millennium Management, Renaissance Technologies, Soros Fund Management +1 |
| TEREX CORP NEWCOM · CUSIP 880779103 | 6 / 3 | 2 | Bridgewater Associates, Citadel Advisors, D. E. Shaw, Millennium Management, Renaissance Technologies +1 |
12 managers
头部平台型机构Large investment platforms
| 机构Manager | 策略类型Style | RS 分数RS score | 覆盖 / 置信Coverage / confidence | 可见总值Visible value | 经济持仓数Economic positions | 前五集中度Top-five | 换手代理Turnover proxy |
|---|---|---|---|---|---|---|---|
| BlackRock贝莱德 | 被动 / 指数平台Passive / index platform | 62.6 | 70% / B | $6.73tn | 5,696 | 19.3% | 2.5% |
| State Street道富 | 被动 / 指数平台Passive / index platform | 63.2 | 70% / B | $3.37tn | 4,177 | 20.1% | 1.9% |
| JPMorgan摩根大通 | 综合金融平台Diversified financial platform | 53.9 | 70% / B | $1.81tn | 7,720 | 17.0% | 9.5% |
| Morgan Stanley摩根士丹利 | 综合金融平台Diversified financial platform | 57.8 | 70% / B | $1.89tn | 8,402 | 14.5% | 4.7% |
| Goldman Sachs高盛 | 综合金融平台Diversified financial platform | 50.3 | 70% / B | $1.15tn | 6,524 | 14.6% | 9.1% |
| Bank of America美国银行 | 综合金融平台Diversified financial platform | 50.5 | 70% / B | $1.55tn | 5,665 | 10.4% | 6.9% |
| UBS瑞银 | 综合金融平台Diversified financial platform | 37.6 | 63% / C | $786.02bn | 10,407 | 10.1% | — |
| Northern Trust北方信托 | 综合金融平台Diversified financial platform | 51.1 | 63% / C | $859.79bn | 4,440 | 19.9% | — |
| Fidelity / FMR富达 / FMR | 主动管理平台Active-management platform | 65.8 | 70% / B | $2.30tn | 5,572 | 23.7% | 9.3% |
| Vanguard先锋领航 | 被动 / 指数平台Passive / index platform | 49.8 | 63% / C | $7.80tn | 5,014 | 19.9% | — |
| Capital Group资本集团 | 主动管理平台Active-management platform | 64.5 | 70% / B | $2.05tn | 929 | 19.0% | 7.1% |
| T. Rowe Price普信集团 | 主动管理平台Active-management platform | 55.7 | 70% / B | $1.15tn | 3,270 | 20.5% | 11.1% |
18 managers
知名主动、量化与事件型机构Notable active, quant and event-driven managers
| 机构Manager | 策略类型Style | RS 分数RS score | 覆盖 / 置信Coverage / confidence | 可见总值Visible value | 经济持仓数Economic positions | 前五集中度Top-five | 换手代理Turnover proxy |
|---|---|---|---|---|---|---|---|
| Berkshire Hathaway伯克希尔·哈撒韦 | 集中长期Concentrated long-term | 86.3 | 75% / B | $299.25bn | 29 | 68.7% | 5.9% |
| Bridgewater Associates桥水基金 | 宏观系统化Systematic macro | 62.3 | 75% / B | $24.38bn | 997 | 32.7% | 31.2% |
| Renaissance Technologies文艺复兴科技 | 量化多策略Quant multi-strategy | 47.1 | 75% / B | $72.62bn | 3,140 | 7.4% | 31.1% |
| Citadel Advisors城堡投资 | 量化多策略Quant multi-strategy | 46.6 | 75% / B | $875.10bn | 13,575 | 12.5% | 38.4% |
| Millennium Management千禧管理 | 量化多策略Quant multi-strategy | 48.7 | 75% / B | $276.29bn | 5,796 | 14.5% | 35.8% |
| D. E. Shaw德劭 | 量化多策略Quant multi-strategy | 52.0 | 75% / B | $210.20bn | 4,833 | 13.8% | 33.5% |
| Elliott Investment Management埃利奥特投资管理 | 事件驱动 / 集中Event-driven / concentrated | 70.0 | 75% / B | $22.67bn | 29 | 80.7% | 9.2% |
| Pershing Square潘兴广场 | 集中长期Concentrated long-term | 84.0 | 75% / B | $19.47bn | 14 | 57.9% | 22.4% |
| Tiger Global Management老虎环球 | 基本面成长Fundamental growth | 83.5 | 75% / B | $23.98bn | 46 | 44.0% | 14.8% |
| Coatue Management蔻图资本 | 基本面成长Fundamental growth | 80.7 | 75% / B | $48.63bn | 66 | 37.4% | 26.3% |
| Lone Pine Capital孤松资本 | 基本面成长Fundamental growth | 75.2 | 75% / B | $16.36bn | 34 | 31.0% | 48.3% |
| Viking Global Investors维京环球 | 基本面成长Fundamental growth | 74.5 | 75% / B | $35.08bn | 90 | 21.8% | 30.6% |
| Third Point第三点 | 事件驱动 / 集中Event-driven / concentrated | 69.8 | 75% / B | $4.68bn | 43 | 38.4% | 45.1% |
| Soros Fund Management索罗斯基金管理 | 宏观主观Discretionary macro | 51.8 | 68% / C | $8.14bn | 266 | 15.5% | — |
| Baupost Group包普斯特集团 | 集中长期Concentrated long-term | 84.2 | 75% / B | $5.42bn | 23 | 49.9% | 15.3% |
| Appaloosa阿帕卢萨 | 事件驱动 / 集中Event-driven / concentrated | 73.7 | 75% / B | $7.73bn | 27 | 57.7% | 21.1% |
| Duquesne Family Office杜肯家族办公室 | 宏观主观Discretionary macro | 65.0 | 75% / B | $5.21bn | 95 | 38.4% | 32.5% |
| Scion Asset Management赛恩资产管理 | 事件驱动 / 集中Event-driven / concentrated | — | — | — | — | — | — |