被动 / 指数平台Passive / index platform · platform

BlackRock

贝莱德

研究可用度中Medium research usability

13F-RS 研究可用度13F-RS research usability 62.5 覆盖coverage 70% · 置信confidence B

结论先行Answer first

前五大占19.3%，最值得继续核验的动作是增持ADVANCED MICRO DEVICES INCTop five represent 19.3%; increase in ADVANCED MICRO DEVICES INC is the clearest next diligence lead

最大可见普通证券持仓为NVIDIA CORPORATION（5.8%）；季度快照换手代理为2.7%，前十大延续率为100.0%。该机构归入“被动/指数平台”，13F只能解释公开的美国可报告证券多头。

The largest visible non-option holding is NVIDIA CORPORATION (5.8%). The quarterly snapshot turnover proxy is 2.7%, and top-ten persistence is 100.0%. The manager is classified as Passive/index platform; 13F covers only visible reportable U.S. long securities.

下一步Next diligence

把增持ADVANCED MICRO DEVICES INC作为研究线索，结合公司基本面、估值、催化剂及13D/G核验；不要直接跟单。

Treat the increase in ADVANCED MICRO DEVICES INC as a research lead and verify fundamentals, valuation, catalysts and any 13D/G filings; do not copy mechanically.

可见总值Visible value$6.73tn前期 2026-03-31: $5.72tn（仅作规模对照）Prior 2026-03-31: $5.72tn (scale context only)

经济持仓数Economic positions5,696按 CUSIP / 证券类型规范化normalized by CUSIP / security type

前五集中度Top-five concentration19.3%集中度不是能力评分concentration is not skill

季度换手代理Quarterly turnover proxy2.7%股数与同价漂移估算share / same-price-drift estimate

前十大延续Top-ten persistence100.0%与前季比较versus prior quarter

最新申报日Latest filing date2026-08-07报告期report date 2026-06-30

CIK · accession · accepted date

本季申报链Current filing chain

先展示 13F-NT 关系通知，再展示解析到的 13F-HR / HR-A。价值单位说明保留检测结果和归一化倍数。

Relationship notices appear before resolved 13F-HR / HR-A filings. Unit notes preserve the detection result and normalization multiplier.

法律申报人Legal filer	CIK	Form	Accession	申报日Filed	解析 / 单位说明Resolution / unit note
BlackRock, Inc.	CIK 0002012383	13F-HR	0002012383-26-003238	2026-08-07	usd_consistent_with_implied_prices

2026-03-31 → 2026-06-30

持仓与季度变化Holdings and quarterly change

前十大可见普通证券Top visible non-option holdings 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
NVIDIA CORPORATIONCOM · CUSIP 67066G104	—	$388.56bn	5.77%	1,941,918,386	0.8%
APPLE INCCOM · CUSIP 037833100	—	$336.52bn	5.00%	1,162,996,939	1.6%
MICROSOFT CORPCOM · CUSIP 594918104	—	$226.56bn	3.37%	607,367,113	2.4%
AMAZON COM INCCOM · CUSIP 023135106	—	$178.37bn	2.65%	748,403,539	1.8%
ALPHABET INCCAP STK CL A · CUSIP 02079K305	—	$164.74bn	2.45%	460,972,803	3.1%
BROADCOM INCCOM · CUSIP 11135F101	—	$150.43bn	2.23%	398,213,826	3.2%
ALPHABET INCCAP STK CL C · CUSIP 02079K107	—	$130.70bn	1.94%	369,922,502	1.4%
MICRON TECHNOLOGY INCCOM · CUSIP 595112103	—	$121.00bn	1.80%	104,827,219	1.6%
META PLATFORMS INCCL A · CUSIP 30303M102	—	$97.67bn	1.45%	173,396,976	2.7%
TESLA INCCOM · CUSIP 88160R101	—	$90.06bn	1.34%	214,123,129	2.9%

新建仓位New positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
SPACE EXPLORATION TECHN CORPCLASS A COM STK · CUSIP 84615Q103	—	$8.72bn	0.13%	51,037,137	—
HONEYWELL AEROSPACE INCCOM · CUSIP 43849R105	—	$5.25bn	0.08%	23,762,174	—
HONEYWELL INTL INCCOM · CUSIP 438516205	—	$5.10bn	0.08%	22,778,297	—
CARNIVAL CORP LTDCOMMON SHARES · CUSIP G2004J103	—	$2.75bn	0.04%	96,304,948	—
DUPONT DE NEMOURS INCCOMMON STOCK · CUSIP 26614N201	—	$1.44bn	0.02%	10,637,868	—
FEDEX FGHT HLDG CO INCCOMMON STOCK · CUSIP 314352105	—	$1.37bn	0.02%	9,078,495	—
ASCENDIS PHARMA A/SORD SHS · CUSIP K08588103	—	$589.9m	0.01%	2,211,833	—
VERSIGENT PLCORDINARY SHARES · CUSIP G9600F104	—	$469.0m	0.01%	11,162,977	—
CEREBRAS SYSTEMS INCCOM CL A · CUSIP 15675D103	—	$458.6m	0.01%	2,075,168	—
MADISON AIR SOLUTIONS CORPCOM SHS CL A · CUSIP 55658T105	—	$292.5m	0.00%	7,501,231	—

增持仓位Added positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
ADVANCED MICRO DEVICES INCCOM · CUSIP 007903107	—	$87.31bn	1.30%	150,301,510	3.2%
MICROSOFT CORPCOM · CUSIP 594918104	—	$226.56bn	3.37%	607,367,113	2.4%
EXXON MOBIL CORPCOM · CUSIP 30231G102	—	$45.77bn	0.68%	334,746,496	3.7%
MARVELL TECHNOLOGY INCCOM · CUSIP 573874104	—	$25.51bn	0.38%	85,641,174	34.1%
KLA CORPCOM NEW · CUSIP 482480100	—	$38.08bn	0.57%	126,198,653	901.9%
META PLATFORMS INCCL A · CUSIP 30303M102	—	$97.67bn	1.45%	173,396,976	2.7%
ALPHABET INCCAP STK CL A · CUSIP 02079K305	—	$164.74bn	2.45%	460,972,803	3.1%
PALO ALTO NETWORKS INCCOM · CUSIP 697435105	—	$25.83bn	0.38%	75,753,509	4.6%
BROADCOM INCCOM · CUSIP 11135F101	—	$150.43bn	2.23%	398,213,826	3.2%
CHEVRON CORPORATIONCOM · CUSIP 166764100	—	$25.66bn	0.38%	154,824,622	7.0%

减持仓位Reduced positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
INTEL CORPCOM · CUSIP 458140100	—	$59.55bn	0.89%	426,478,962	-4.7%
WESTERN DIGITAL CORPCOM · CUSIP 958102105	—	$21.05bn	0.31%	32,953,613	-7.9%
COSTCO WHOLESALE CORPORATIONCOM · CUSIP 22160K105	—	$32.00bn	0.47%	34,202,834	-2.1%
SALESFORCE INCCOM · CUSIP 79466L302	—	$11.40bn	0.17%	72,748,909	-8.7%
DELL TECHNOLOGIES INCCL C · CUSIP 24703L202	—	$10.40bn	0.15%	24,094,119	-2.6%
NEWMONT CORPCOM · CUSIP 651639106	—	$11.29bn	0.17%	120,875,298	-4.1%
CME GROUP INCCOM · CUSIP 12572Q105	—	$6.75bn	0.10%	30,566,342	-2.8%
WELLS FARGO & COCOM · CUSIP 949746101	—	$20.71bn	0.31%	250,601,039	-3.9%
COCA COLA COCOM · CUSIP 191216100	—	$26.23bn	0.39%	322,740,471	-3.2%
INTERCONTINENTAL EXCHANGE INCOM · CUSIP 45866F104	—	$6.25bn	0.09%	50,727,686	-4.1%

退出仓位Exited positions 10

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
HONEYWELL INTL INCCOM · CUSIP 438516106	—	$11.04bn	0.19%	48,831,876	-100.0%
CARNIVAL CORPCOMMON STOCK · CUSIP 143658300	—	$2.33bn	0.04%	89,979,406	-100.0%
COTERRA ENERGY INCCOM · CUSIP 127097103	—	$2.24bn	0.04%	63,751,199	-100.0%
HOLOGIC INCCOM · CUSIP 436440101	—	$1.70bn	0.03%	22,520,444	-100.0%
DUPONT DE NEMOURS INCCOM · CUSIP 26614N102	—	$1.43bn	0.03%	31,162,893	-100.0%
AIR LEASE CORPCL A · CUSIP 00912X302	—	$831.0m	0.01%	12,796,880	-100.0%
MASIMO CORPCOM · CUSIP 574795100	—	$826.1m	0.01%	4,644,578	-100.0%
SEALED AIR CORP NEWCOM · CUSIP 81211K100	—	$702.3m	0.01%	16,702,312	-100.0%
CLEARWATER ANALYTICS HLDGS ICL A · CUSIP 185123106	—	$668.6m	0.01%	28,270,108	-100.0%
TRI POINTE HOMES INCCOM · CUSIP 87265H109	—	$639.3m	0.01%	13,680,620	-100.0%

期权切片Options slice 10

Put/Call 股数是标的股数；13F 没有执行价、到期日、权利金或净方向。Put/call shares are underlying shares; 13F omits strike, expiry, premium and net direction.

证券Security	Put / Call	申报价值Filed value	权重Weight	股数 / 标的股数Shares / underlying shares	股数变化Share change
STATE STR SPDR S&P 500 ETF TOPTIONS · CUSIP 78462F103	CALL	$9.59bn	0.14%	12,841,300	-36.6%
INVESCO QQQ TROPTIONS · CUSIP 46090E103	PUT	$1.23bn	0.02%	1,671,500	—
STATE STR SPDR S&P 500 ETF TOPTIONS · CUSIP 78462F103	PUT	$1.10bn	0.02%	1,474,900	149.7%
ISHARES TROPTIONS · CUSIP 464287200	PUT	$909.5m	0.01%	1,214,400	-18.6%
SPACE EXPLORATION TECHN CORPOPTIONS · CUSIP 84615Q103	PUT	$635.3m	0.01%	3,718,400	—
AMAZON COM INCOPTIONS · CUSIP 023135106	CALL	$573.5m	0.01%	2,406,400	113.4%
APPLE INCOPTIONS · CUSIP 037833100	CALL	$480.7m	0.01%	1,661,200	627.0%
NVIDIA CORPORATIONOPTIONS · CUSIP 67066G104	PUT	$284.3m	0.00%	1,420,800	-46.7%
ISHARES TROPTIONS · CUSIP 464287184	CALL	$219.6m	0.00%	6,952,600	—
SPDR GOLD TROPTIONS · CUSIP 78463V107	CALL	$217.2m	0.00%	589,500	-92.7%

13F-RS-v1.0

评分拆解Score breakdown

完整方法Full methodology

维度Dimension	得分Score	比例Ratio
申报完整性Filing integrity	15.0 / 15	100%
实体映射Entity mapping	10.0 / 10	100%
策略适配度Strategy fit	4.5 / 15	30%
集中度信息密度Concentration signal	4.7 / 10	47%
高确信度可识别性Conviction identifiability	2.4 / 15	16%
延续性 / 换手Persistence / turnover	9.8 / 10	98%
申报时滞Filing lag	2.0 / 10	20%
不可见风险Opacity risk	9.1 / 10	91%
独立共识Independent consensus	5.0 / 5	100%

策略分类：被动 / 指数平台。分数衡量公开13F的研究可用度，不评价未来收益。Strategy classification: Passive / index platform. The score measures public-13F research usability, not future returns.

H（高确信度可识别性）当前以单仓≥2%为有限代理，尚未接入风格基准主动权重，因此该分项覆盖度只有50%。H (conviction identifiability) currently uses positions ≥2% as a limited proxy; style-benchmark active weights are not yet available, so this component has only 50% coverage.