管理人记录 · ✦ 精选 · 已归档季度

Soros Fund Management

Family office of George Soros · New York, NY · CIK 1029160 · EDGAR 文件 ↗

Macro-driven family office.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 差异 ⇄

$7.97B13F报告持仓市值

202持仓明细

36.3%前十大权重

45.10有效持仓

19.5%预计换手率

+51新增

−72清仓

申报的13F投资组合价值仅涵盖美国应申报多头仓位，不含现金、债券、空头仓位或非美国持仓，不等同于管理规模。

各季度报告持仓市值 Q2 2024 → Q2 2026

板块敞口

金融服务 23.7% (+1.6pp)

可选消费 20.5% (+1.8pp)

工业 19.1% (+2.0pp)

科技 18.7% (+5.2pp)

通信服务 6.9% (+0.0pp)

公用事业 4.0% (-1.7pp)

医疗保健 3.2% (-8.2pp)

基础材料 1.4% (+0.2pp)

必选消费 1.2% (-0.1pp)

能源 0.9% (-1.3pp)

房地产 0.3%

占已申报普通股权益价值的比例；（±pp）较上一季度。

持仓组合 · Q2 2025

#	证券	权重	价值	股份	Δ股份		持有
1	SW Smurfit Westrock plc	8.6%	$322.79M	7.48M	+9.2%	▲ Add	4
2	GFL GFL Environmental Inc.	3.8%	$143.93M	2.85M	-6.3%	▼ Trim	5
3	LBRDA Liberty Broadband…	3.8%	$141.71M	1.44M	+28.6%	▲ Add	5
4	FLTR.L Flutter Entertainment plc	3.7%	$140.05M	490.08K	-15.6%	▼ Trim	5
5	IBKR Interactive Brokers Group…	3.3%	$123.77M	2.23M	+181.8% ✂	▲ Add	5
6	BRO Brown & Brown, Inc.	3.0%	$110.87M	1.00M	新增	New	1
7	CRM Salesforce, Inc.	2.8%	$106.29M	389.78K	+13.7%	▲ Add	4
8	AER AerCap Holdings N.V.	2.5%	$95.53M	816.49K	-36.2%	▼ Trim	5
9	ETR Entergy Corporation	2.4%	$89.59M	1.08M	-1.6%	▼ Trim	2
10	NVDA NVIDIA Corporation	2.3%	$85.36M	540.29K	+835.5%	▲ Add	2
11	SARO StandardAero, Inc.	2.3%	$84.88M	2.68M	-0.7%	▼ Trim	3
12	AMZN Amazon.com, Inc.	2.2%	$84.00M	382.86K	-11.7%	▼ Trim	5
13	ARMK Aramark	1.7%	$64.90M	1.55M	新增	New	1
14	SNOW Snowflake Inc.	1.6%	$61.16M	273.34K	+93.4%	▲ Add	5
15	TKO TKO Group Holdings, Inc.	1.6%	$61.05M	335.52K	-0.7%	▼ Trim	2
16	CRBG Corebridge Financial, Inc.	1.6%	$59.82M	1.69M	+23.6%	▲ Add	5
17	CRCL Circle Internet Group	1.5%	$55.29M	305.00K	新增	New	1
18	ULS UL Solutions Inc.	1.5%	$55.13M	756.60K	-12.7%	▼ Trim	5
19	RH Rh	1.5%	$54.55M	594.26K	+44.1%	▲ Add	5
20	UBER Uber Technologies, Inc.	1.3%	$50.23M	538.42K	-15.6%	▼ Trim	5
21	DDOG Datadog, Inc.	1.3%	$47.89M	356.50K	+18.9%	▲ Add	5
22	IEF iShares 7-10 Year Treasury…	1.3%	$47.88M	500.00K	新增	New	1
23	IDA IDACORP, Inc.	1.3%	$46.92M	406.40K	新增	New	1
24	KKR KKR & Co. Inc.	1.2%	$45.65M	343.19K	+131.7%	▲ Add	2
25	TPX Tempur Sealy International…	1.2%	$43.19M	634.73K	+124.1%	▲ Add	2
26	BHF Brighthouse Financial, Inc.	1.1%	$41.12M	764.75K	+48.0%	▲ Add	2
27	JBTM JBT Marel Corporation	1.1%	$39.72M	330.31K	新增	New	1
28	BGC BGC Group, Inc	1.0%	$36.87M	3.60M	+28.1%	▲ Add	5
29	ESGR Enstar Group Limited	0.9%	$34.78M	103.41K	+21.4%	▲ Add	2
30	DNB DUN & BRADSTREET HLDGS INC	0.9%	$33.28M	3.66M	+59.2%	▲ Add	2
31	BPMC Blueprint Medicines…	0.9%	$32.05M	250.00K	新增	New	1
32	ATI ATI Inc.	0.8%	$31.32M	362.69K	-40.9%	▼ Trim	5
33	UNH UnitedHealth Group…	0.8%	$31.20M	100.00K	+40.6%	▲ Add	3
34	SAIL SailPoint, Inc.	0.8%	$30.91M	1.35M	+30.7%	▲ Add	2
35	SPY State Street SPDR S&P 500…	0.8%	$29.52M	47.78K	-84.8%	▼ Trim	3
36	SRAD Sportradar Group AG	0.8%	$28.56M	1.02M	新增	New	1
37	TSM Taiwan Semiconductor…	0.8%	$28.42M	125.48K	新增	New	1
38	IPG The Interpublic Group of…	0.8%	$28.37M	1.16M	+279.3%	▲ Add	2
39	PONY Pony AI Inc. American…	0.7%	$28.10M	2.13M	+11.9%	▲ Add	3
40	FSLR First Solar, Inc.	0.7%	$27.49M	166.06K	-45.9%	▼ Trim	3
41	MUB iShares National Muni Bond…	0.7%	$25.22M	241.40K	0.0%	Held	5
42	AS Amer Sports, Inc.	0.6%	$24.26M	625.89K	+13.7%	▲ Add	3
43	CP Canadian Pacific Kansas…	0.6%	$23.93M	301.84K	-49.3%	▼ Trim	4
44	SNDK Sandisk Corporation	0.6%	$23.89M	526.83K	新增	New	1
45	SWTX SpringWorks Therapeutics…	0.6%	$23.59M	501.99K	+9.9%	▲ Add	5
46	KRMN Karman Holdings Inc.	0.6%	$23.39M	464.28K	+5.9%	▲ Add	2
47	PRMB Primo Brands Corporation	0.6%	$22.51M	759.80K	+54.8%	▲ Add	2
48	ACN Accenture plc	0.6%	$22.49M	75.26K	-43.2%	▼ Trim	5
49	EMXC iShares MSCI Emerging…	0.6%	$22.39M	354.69K	0.0%	Held	5
50	K Kellanova	0.6%	$22.28M	280.08K	-9.4%	▼ Trim	2
51	NKE NIKE, Inc.	0.6%	$21.48M	302.32K	+33.0%	▲ Add	5
52	AZEK The AZEK Company Inc.	0.6%	$20.86M	383.87K	+107.5%	▲ Add	2
53	CYBR CyberArk Software Ltd.	0.6%	$20.72M	50.93K	-65.4%	▼ Trim	3
54	AVDX AVIDXCHANGE HOLDINGS INC	0.5%	$20.36M	2.08M	新增	New	1
55	WWD Woodward, Inc.	0.5%	$20.20M	82.43K	-2.5%	▼ Trim	2
56	IEX IDEX Corporation	0.5%	$19.56M	111.42K	+2.0%	▲ Add	3
57	CSX CSX Corporation	0.5%	$19.34M	592.80K	-9.2%	▼ Trim	5
58	AMRZ Amrize Ltd	0.5%	$19.32M	390.00K	新增	New	1
59	ONB Old National Bancorp	0.5%	$18.26M	855.68K	+62.7%	▲ Add	3
60	EVGO EVgo, Inc.	0.5%	$18.17M	4.98M	+342.2%	▲ Add	3
61	OS OneStream, Inc. Class A…	0.5%	$17.71M	625.80K	+33.8%	▲ Add	4
62	TPG TPG Inc.	0.5%	$17.61M	335.83K	新增	New	1
63	JCI Johnson Controls…	0.5%	$17.35M	164.31K	新增	New	1
64	MSFT Microsoft Corporation	0.4%	$16.62M	33.41K	新增	New	1
65	ETWO E2OPEN PARENT HOLDINGS INC	0.4%	$15.83M	4.90M	新增	New	1
66	ALLY Ally Financial Inc.	0.4%	$15.82M	406.20K	+26.6%	▲ Add	2
67	SKX Skechers U.S.A., Inc.	0.4%	$15.78M	250.00K	新增	New	1
68	CVLT Commvault Systems, Inc.	0.4%	$15.69M	90.00K	新增	New	1
69	GL Globe Life Inc.	0.4%	$15.47M	124.50K	+39.0%	▲ Add	3
70	AMAT Applied Materials, Inc.	0.4%	$15.29M	83.51K	+68.7%	▲ Add	2
71	LOAR Loar Holdings Inc.	0.4%	$14.87M	172.56K	-12.1%	▼ Trim	5
72	DASH DoorDash, Inc.	0.4%	$14.86M	60.27K	-42.8%	▼ Trim	5
73	GS The Goldman Sachs Group…	0.4%	$14.84M	20.96K	-82.7%	▼ Trim	5
74	AAMI Acadian Asset Management	0.4%	$14.65M	415.59K	+20.0%	▲ Add	5
75	BKNG Booking Holdings Inc.	0.4%	$14.47M	2.50K	+66.7%	▲ Add	5
76	ALL The Allstate Corporation	0.4%	$14.27M	70.87K	+41.0%	▲ Add	5
77	NOC Northrop Grumman Corporation	0.4%	$14.00M	28.00K	-22.1%	▼ Trim	2
78	WAY Waystar Holding Corp.	0.4%	$13.62M	333.15K	+12.4%	▲ Add	3
79	KEY KeyCorp	0.4%	$13.43M	771.10K	-22.6%	▼ Trim	5
80	OC Owens Corning	0.4%	$13.38M	97.26K	+1.1%	▲ Add	2
81	FCNCA First Citizens BancShares…	0.3%	$12.82M	6.55K	+20.4%	▲ Add	5
82	CRWV CoreWeave, Inc. Class A…	0.3%	$12.34M	75.69K	+0.9%	▲ Add	2
83	SMA Smartstop Self Storage REIT…	0.3%	$11.90M	328.43K	新增	New	1
84	TGI TRIUMPH GROUP INC NEW	0.3%	$11.83M	459.24K	+5.9%	▲ Add	2
85	GGAL Grupo Financiero Galicia…	0.3%	$11.50M	228.25K	新增	New	1
86	ADI Analog Devices, Inc.	0.3%	$11.00M	46.20K	-56.5%	▼ Trim	2
87	TTAN ServiceTitan, Inc.	0.3%	$10.72M	100.00K	+265.6%	▲ Add	3
88	ETOR eToro Group Ltd.	0.3%	$10.65M	160.00K	新增	New	1
89	RTX RTX Corporation	0.3%	$10.48M	71.80K	新增	New	1
90	ARES ACQUISITION CORP II (未映射)	n/a	$10.20M	900.00K	n/a		n/a
91	KWEB KraneShares CSI China…	0.3%	$10.07M	293.40K	+30.2%	▲ Add	3
92	ADT ADT Inc.	0.3%	$9.56M	1.13M	-17.0%	▼ Trim	2
93	CTRI Centuri Holdings, Inc.	0.2%	$8.98M	400.00K	新增	New	1
94	WBA Walgreens Boots Alliance…	0.2%	$8.61M	750.00K	0.0%	Held	2
95	WDC Western Digital Corporation	0.2%	$8.60M	134.32K	-61.6%	▼ Trim	2
96	CME CME Group Inc.	0.2%	$8.28M	30.03K	0.0%	Held	5
97	LAZ Lazard Inc	0.2%	$7.71M	160.75K	+20.0%	▲ Add	5
98	SYF Synchrony Financial	0.2%	$7.67M	114.96K	-16.9%	▼ Trim	4
99	GLXY Galaxy Digital	0.2%	$6.81M	310.80K	新增	New	1
100	LOW Lowe's Companies, Inc.	0.2%	$6.66M	30.00K	新增	New	1
101	CIFR Cipher Mining Inc.	0.2%	$6.21M	1.30M	+67.5%	▲ Add	2
102	TTAM TITAN AMER SA	0.2%	$5.95M	476.41K	+46.3%	▲ Add	2
103	RPD Rapid7, Inc.	0.2%	$5.87M	253.84K	-14.9%	▼ Trim	4
104	TEAM Atlassian Corporation	0.1%	$5.60M	27.58K	新增	New	1
105	SLDE Slide Insurance Holdings…	0.1%	$5.42M	250.00K	新增	New	1
106	FTV Fortive Corporation	0.1%	$5.21M	100.00K	新增	New	1
107	MRX Marex Group Limited	0.1%	$4.91M	124.48K	新增	New	1
108	EQH Equitable Holdings, Inc.	0.1%	$4.85M	86.50K	+130.7%	▲ Add	2
109	GOOGL Alphabet Inc.	0.1%	$4.75M	26.97K	-94.6%	▼ Trim	5
110	FDX FedEx Corporation	0.1%	$4.55M	20.00K	-82.0%	▼ Trim	3
111	EWC iShares MSCI Canada ETF	0.1%	$4.51M	97.70K	0.0%	Held	5
112	AAPL Apple Inc.	0.1%	$4.34M	21.13K	新增	New	1
113	HNGE Hinge Health, Inc.	0.1%	$3.88M	75.00K	新增	New	1
114	AHL-PD ASPEN INSURANCE HOLDINGS LTD	0.1%	$3.78M	120.00K	新增	New	1
115	RKT Rocket Companies, Inc.	0.1%	$3.54M	250.00K	-30.6%	▼ Trim	2
116	COOP Mr. Cooper Group Inc.	0.1%	$2.97M	19.92K	新增	New	1
117	CWAN Clearwater Analytics…	0.1%	$2.74M	125.00K	新增	New	1
118	HG Hamilton Insurance Group…	0.1%	$2.59M	120.00K	+20.0%	▲ Add	5
119	SHLS Shoals Technologies Group…	0.1%	$2.59M	610.24K	新增	New	1
120	HOLX Hologic, Inc.	0.1%	$2.55M	39.14K	新增	New	1
121	BDC Belden Inc.	0.1%	$2.49M	21.50K	新增	New	1
122	ECVT Ecovyst Inc.	0.1%	$2.36M	286.67K	新增	New	1
123	LQD iShares iBoxx $ Investment…	0.1%	$2.19M	20.00K	0.0%	Held	3
124	MNTN MNTN, Inc Class A	0.1%	$2.19M	100.00K	新增	New	1
125	LWACU LIGHTWAVE ACQUISITION CORP	0.1%	$2.01M	200.00K	新增	New	1
126	GOD.OL GOLDEN OCEAN GROUP LTD	0.0%	$1.83M	250.00K	新增	New	1
127	MIR Mirion Technologies, Inc.	0.0%	$1.54M	71.70K	新增	New	1
128	CHYM Chime Financial, Inc. Class…	0.0%	$1.38M	40.00K	新增	New	1
129	NXT Nextpower Inc.	0.0%	$1.36M	25.00K	新增	New	1
130	CAI Caris Life Sciences, Inc.	0.0%	$1.34M	50.00K	新增	New	1
131	RDFN REDFIN CORP	0.0%	$1.06M	94.79K	-89.1%	▼ Trim	2
132	TSLA Tesla, Inc.	0.0%	$1.02M	3.21K	新增	New	1
133	FICO Fair Isaac Corporation	0.0%	$987,098	540	新增	New	1
134	SPSB State Street SPDR Portfolio…	0.0%	$963,816	31.93K	-51.1%	▼ Trim	5
135	AII AMERICAN INTEGRITY INS GROUP	0.0%	$735,600	40.00K	新增	New	1
136	OMDA Omada Health	0.0%	$640,500	35.00K	新增	New	1
137	RBRK Rubrik, Inc.	0.0%	$597,744	6.67K	新增	New	1
138	BBNX Beta Bionics, Inc.	0.0%	$364,000	25.00K	-3.7%	▼ Trim	2
139	KMTS KESTRA MED TECHNOLOGIES LTD	0.0%	$248,700	15.00K	0.0%	Held	2
140	VTRS Viatris Inc.	0.0%	$109,866	12.30K	新增	New	1
141	GRAB Grab Holdings Limited	0.0%	$73,825	14.68K	+19.7%	▲ Add	2

仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。

证券	股份	上期	变动	价值	权重
BRO Brown & Brown, Inc.	1.00M	n/a	新增	$110.87M	3.0%
ARMK Aramark	1.55M	n/a	新增	$64.90M	1.7%
CRCL Circle Internet Group	305.00K	n/a	新增	$55.29M	1.5%
IEF iShares 7-10 Year…	500.00K	n/a	新增	$47.88M	1.3%
IDA IDACORP, Inc.	406.40K	n/a	新增	$46.92M	1.3%
JBTM JBT Marel Corporation	330.31K	n/a	新增	$39.72M	1.1%
BPMC Blueprint Medicines…	250.00K	n/a	新增	$32.05M	0.9%
SRAD Sportradar Group AG	1.02M	n/a	新增	$28.56M	0.8%
TSM Taiwan Semiconductor…	125.48K	n/a	新增	$28.42M	0.8%
SNDK Sandisk Corporation	526.83K	n/a	新增	$23.89M	0.6%
AVDX	2.08M	n/a	新增	$20.36M	0.5%
AMRZ Amrize Ltd	390.00K	n/a	新增	$19.32M	0.5%
TPG TPG Inc.	335.83K	n/a	新增	$17.61M	0.5%
JCI Johnson Controls…	164.31K	n/a	新增	$17.35M	0.5%
MSFT Microsoft Corporation	33.41K	n/a	新增	$16.62M	0.4%
ETWO	4.90M	n/a	新增	$15.83M	0.4%
SKX Skechers U.S.A., Inc.	250.00K	n/a	新增	$15.78M	0.4%
CVLT Commvault Systems, Inc.	90.00K	n/a	新增	$15.69M	0.4%
SMA Smartstop Self Storage…	328.43K	n/a	新增	$11.90M	0.3%
GGAL Grupo Financiero…	228.25K	n/a	新增	$11.50M	0.3%
ETOR eToro Group Ltd.	160.00K	n/a	新增	$10.65M	0.3%
RTX RTX Corporation	71.80K	n/a	新增	$10.48M	0.3%
CTRI Centuri Holdings, Inc.	400.00K	n/a	新增	$8.98M	0.2%
GLXY Galaxy Digital	310.80K	n/a	新增	$6.81M	0.2%
LOW Lowe's Companies, Inc.	30.00K	n/a	新增	$6.66M	0.2%
TEAM Atlassian Corporation	27.58K	n/a	新增	$5.60M	0.1%
SLDE Slide Insurance…	250.00K	n/a	新增	$5.42M	0.1%
FTV Fortive Corporation	100.00K	n/a	新增	$5.21M	0.1%
MRX Marex Group Limited	124.48K	n/a	新增	$4.91M	0.1%
AAPL Apple Inc.	21.13K	n/a	新增	$4.34M	0.1%
HNGE Hinge Health, Inc.	75.00K	n/a	新增	$3.88M	0.1%
AHL-PD	120.00K	n/a	新增	$3.78M	0.1%
COOP Mr. Cooper Group Inc.	19.92K	n/a	新增	$2.97M	0.1%
CWAN Clearwater Analytics…	125.00K	n/a	新增	$2.74M	0.1%
SHLS Shoals Technologies…	610.24K	n/a	新增	$2.59M	0.1%
HOLX Hologic, Inc.	39.14K	n/a	新增	$2.55M	0.1%
BDC Belden Inc.	21.50K	n/a	新增	$2.49M	0.1%
ECVT Ecovyst Inc.	286.67K	n/a	新增	$2.36M	0.1%
MNTN MNTN, Inc Class A	100.00K	n/a	新增	$2.19M	0.1%
LWACU	200.00K	n/a	新增	$2.01M	0.1%
GOD.OL	250.00K	n/a	新增	$1.83M	0.0%
MIR Mirion Technologies…	71.70K	n/a	新增	$1.54M	0.0%
CHYM Chime Financial, Inc.…	40.00K	n/a	新增	$1.38M	0.0%
NXT Nextpower Inc.	25.00K	n/a	新增	$1.36M	0.0%
CAI Caris Life Sciences…	50.00K	n/a	新增	$1.34M	0.0%
TSLA Tesla, Inc.	3.21K	n/a	新增	$1.02M	0.0%
FICO Fair Isaac Corporation	540	n/a	新增	$987,098	0.0%
AII	40.00K	n/a	新增	$735,600	0.0%
OMDA Omada Health	35.00K	n/a	新增	$640,500	0.0%
RBRK Rubrik, Inc.	6.67K	n/a	新增	$597,744	0.0%
VTRS Viatris Inc.	12.30K	n/a	新增	$109,866	0.0%

证券	股份	上期	变动	价值	权重	连续记录
SW Smurfit Westrock plc	7.48M	6.85M	+9.2%	$322.79M	8.6%
LBRDA Liberty Broadband…	1.44M	1.12M	+28.6%	$141.71M	3.8%
IBKR Interactive Brokers…	2.23M	198.16K	+181.8% ✂	$123.77M	3.3%
CRM Salesforce, Inc.	389.78K	342.83K	+13.7%	$106.29M	2.8%	●●●●○○
NVDA NVIDIA Corporation	540.29K	57.75K	+835.5%	$85.36M	2.3%	●●○○○○
SNOW Snowflake Inc.	273.34K	141.32K	+93.4%	$61.16M	1.6%	●●●○○○
CRBG Corebridge Financial…	1.69M	1.36M	+23.6%	$59.82M	1.6%	●●●●○○
RH Rh	594.26K	412.49K	+44.1%	$54.55M	1.5%
DDOG Datadog, Inc.	356.50K	299.96K	+18.9%	$47.89M	1.3%	●●●●○○
KKR KKR & Co. Inc.	343.19K	148.15K	+131.7%	$45.65M	1.2%	●●○○○○
TPX Tempur Sealy…	634.73K	283.19K	+124.1%	$43.19M	1.2%	●●○○○○
BHF Brighthouse Financial…	764.75K	516.90K	+48.0%	$41.12M	1.1%	●●○○○○
UNH UnitedHealth Group…	100.00K	71.10K	+40.6%	$31.20M	0.8%
BGC BGC Group, Inc	3.60M	2.81M	+28.1%	$36.87M	1.0%	●●○○○○
ESGR Enstar Group Limited	103.41K	85.19K	+21.4%	$34.78M	0.9%	●●○○○○
DNB	3.66M	2.30M	+59.2%	$33.28M	0.9%	●●○○○○
SAIL SailPoint, Inc.	1.35M	1.03M	+30.7%	$30.91M	0.8%	●●○○○○
IPG The Interpublic Group…	1.16M	305.56K	+279.3%	$28.37M	0.8%	●●○○○○
PONY Pony AI Inc. American…	2.13M	1.90M	+11.9%	$28.10M	0.7%	●●●○○○
AS Amer Sports, Inc.	625.89K	550.27K	+13.7%	$24.26M	0.6%	●●●○○○
SWTX SpringWorks…	501.99K	456.83K	+9.9%	$23.59M	0.6%
KRMN Karman Holdings Inc.	464.28K	438.58K	+5.9%	$23.39M	0.6%	●●○○○○
PRMB Primo Brands Corporation	759.80K	490.91K	+54.8%	$22.51M	0.6%	●●○○○○
NKE NIKE, Inc.	302.32K	227.32K	+33.0%	$21.48M	0.6%	●●●○○○
AZEK The AZEK Company Inc.	383.87K	185.00K	+107.5%	$20.86M	0.6%	●●○○○○
IEX IDEX Corporation	111.42K	109.26K	+2.0%	$19.56M	0.5%	●●●○○○
ONB Old National Bancorp	855.68K	525.78K	+62.7%	$18.26M	0.5%
EVGO EVgo, Inc.	4.98M	1.13M	+342.2%	$18.17M	0.5%	●●●○○○
OS OneStream, Inc. Class A…	625.80K	467.85K	+33.8%	$17.71M	0.5%
ALLY Ally Financial Inc.	406.20K	320.97K	+26.6%	$15.82M	0.4%	●●○○○○
GL Globe Life Inc.	124.50K	89.60K	+39.0%	$15.47M	0.4%	●●●○○○
AMAT Applied Materials, Inc.	83.51K	49.52K	+68.7%	$15.29M	0.4%	●●○○○○
AAMI Acadian Asset Management	415.59K	346.29K	+20.0%	$14.65M	0.4%
BKNG Booking Holdings Inc.	2.50K	1.50K	+66.7%	$14.47M	0.4%
ALL The Allstate Corporation	70.87K	50.27K	+41.0%	$14.27M	0.4%
OC Owens Corning	97.26K	96.25K	+1.1%	$13.38M	0.4%	●●○○○○
WAY Waystar Holding Corp.	333.15K	296.35K	+12.4%	$13.62M	0.4%	●●●○○○
FCNCA First Citizens…	6.55K	5.44K	+20.4%	$12.82M	0.3%	●●○○○○
CRWV CoreWeave, Inc. Class A…	75.69K	75.00K	+0.9%	$12.34M	0.3%	●●○○○○
TGI	459.24K	433.84K	+5.9%	$11.83M	0.3%	●●○○○○
TTAN ServiceTitan, Inc.	100.00K	27.36K	+265.6%	$10.72M	0.3%	●●●○○○
KWEB KraneShares CSI China…	293.40K	225.40K	+30.2%	$10.07M	0.3%
LAZ Lazard Inc	160.75K	133.95K	+20.0%	$7.71M	0.2%	●●●○○○
CIFR Cipher Mining Inc.	1.30M	775.96K	+67.5%	$6.21M	0.2%	●●○○○○
TTAM	476.41K	325.69K	+46.3%	$5.95M	0.2%	●●○○○○
EQH Equitable Holdings, Inc.	86.50K	37.50K	+130.7%	$4.85M	0.1%	●●○○○○
HG Hamilton Insurance…	120.00K	100.00K	+20.0%	$2.59M	0.1%
GRAB Grab Holdings Limited	14.68K	12.26K	+19.7%	$73,825	0.0%	●●○○○○

证券	股份	上期	变动	价值	权重	连续记录
SPY State Street SPDR S&P…	47.78K	313.80K	-84.8%	$29.52M	0.8%
GFL GFL Environmental Inc.	2.85M	3.04M	-6.3%	$143.93M	3.8%	●●○○○○
FLTR.L Flutter Entertainment…	490.08K	580.74K	-15.6%	$140.05M	3.7%
AER AerCap Holdings N.V.	816.49K	1.28M	-36.2%	$95.53M	2.5%	●●●○○○
ETR Entergy Corporation	1.08M	1.10M	-1.6%	$89.59M	2.4%
SARO StandardAero, Inc.	2.68M	2.70M	-0.7%	$84.88M	2.3%
AMZN Amazon.com, Inc.	382.86K	433.64K	-11.7%	$84.00M	2.2%
GOOGL Alphabet Inc.	26.97K	497.46K	-94.6%	$4.75M	0.1%	●●○○○○
GS The Goldman Sachs…	20.96K	121.40K	-82.7%	$14.84M	0.4%
TKO TKO Group Holdings, Inc.	335.52K	337.73K	-0.7%	$61.05M	1.6%
ULS UL Solutions Inc.	756.60K	866.25K	-12.7%	$55.13M	1.5%	●●●○○○
UBER Uber Technologies, Inc.	538.42K	638.22K	-15.6%	$50.23M	1.3%	●●○○○○
CYBR CyberArk Software Ltd.	50.93K	147.13K	-65.4%	$20.72M	0.6%
CP Canadian Pacific Kansas…	301.84K	594.96K	-49.3%	$23.93M	0.6%
ACN Accenture plc	75.26K	132.48K	-43.2%	$22.49M	0.6%	●●○○○○
FSLR First Solar, Inc.	166.06K	307.14K	-45.9%	$27.49M	0.7%
ATI ATI Inc.	362.69K	613.88K	-40.9%	$31.32M	0.8%
FDX FedEx Corporation	20.00K	111.45K	-82.0%	$4.55M	0.1%
K Kellanova	280.08K	309.12K	-9.4%	$22.28M	0.6%
ADI Analog Devices, Inc.	46.20K	106.20K	-56.5%	$11.00M	0.3%
WWD Woodward, Inc.	82.43K	84.59K	-2.5%	$20.20M	0.5%
CSX CSX Corporation	592.80K	652.53K	-9.2%	$19.34M	0.5%	●●●○○○
DASH DoorDash, Inc.	60.27K	105.42K	-42.8%	$14.86M	0.4%	●●●○○○
NOC Northrop Grumman…	28.00K	35.92K	-22.1%	$14.00M	0.4%
KEY KeyCorp	771.10K	995.60K	-22.6%	$13.43M	0.4%
LOAR Loar Holdings Inc.	172.56K	196.36K	-12.1%	$14.87M	0.4%	●●○○○○
WDC Western Digital…	134.32K	350.00K	-61.6%	$8.60M	0.2%
ADT ADT Inc.	1.13M	1.36M	-17.0%	$9.56M	0.3%
RDFN	94.79K	870.23K	-89.1%	$1.06M	0.0%
RPD Rapid7, Inc.	253.84K	298.24K	-14.9%	$5.87M	0.2%
SYF Synchrony Financial	114.96K	138.40K	-16.9%	$7.67M	0.2%	●●●○○○
RKT Rocket Companies, Inc.	250.00K	360.40K	-30.6%	$3.54M	0.1%
SPSB State Street SPDR…	31.93K	65.34K	-51.1%	$963,816	0.0%
BBNX Beta Bionics, Inc.	25.00K	25.97K	-3.7%	$364,000	0.0%

证券	股份	上期	变动	价值	权重
AZN AstraZeneca PLC	n/a	2.74M	退出	$201.57M	5.1%
AEP American Electric Power…	n/a	878.96K	退出	$96.04M	2.4%
JPM JPMorgan Chase & Co.	n/a	230.96K	退出	$56.66M	1.4%
NDAQ Nasdaq, Inc.	n/a	625.63K	退出	$47.46M	1.2%
ASHR Xtrackers Harvest CSI…	n/a	1.70M	退出	$45.17M	1.1%
LPLA LPL Financial Holdings…	n/a	125.00K	退出	$40.89M	1.0%
LVS Las Vegas Sands Corp.	n/a	806.96K	退出	$31.17M	0.8%
ITRI Itron, Inc.	n/a	296.00K	退出	$31.01M	0.8%
RUN Sunrun Inc.	n/a	5.19M	退出	$30.41M	0.8%
JWN	n/a	1.13M	退出	$27.63M	0.7%
NBIX Neurocrine Biosciences…	n/a	239.82K	退出	$26.52M	0.7%
ED Consolidated Edison…	n/a	225.35K	退出	$24.92M	0.6%
TECK Teck Resources Limited	n/a	667.82K	退出	$24.33M	0.6%
INSM Insmed Incorporated	n/a	307.21K	退出	$23.44M	0.6%
VIK Viking Holdings Ltd	n/a	557.68K	退出	$22.17M	0.6%
HEES	n/a	233.03K	退出	$22.09M	0.6%
GLW Corning Inc	n/a	470.00K	退出	$21.52M	0.5%
PLYA	n/a	1.61M	退出	$21.44M	0.5%
VFH Vanguard Financials ETF	n/a	174.59K	退出	$20.86M	0.5%
SLNO Soleno Therapeutics…	n/a	270.66K	退出	$19.34M	0.5%
HUBS HubSpot, Inc.	n/a	32.62K	退出	$18.64M	0.5%
BERY Berry Global Group, Inc.	n/a	261.66K	退出	$18.27M	0.5%
PDCO	n/a	545.18K	退出	$17.03M	0.4%
ALNY Alnylam…	n/a	60.00K	退出	$16.20M	0.4%
AUR Aurora Innovation, Inc.	n/a	2.36M	退出	$15.86M	0.4%
ITCI Intra-Cellular…	n/a	116.59K	退出	$15.38M	0.4%
ATSG	n/a	677.82K	退出	$15.21M	0.4%
LEU Centrus Energy Corp.	n/a	233.31K	退出	$14.51M	0.4%
PTVE	n/a	790.22K	退出	$14.23M	0.4%
TLT iShares 20+ Year…	n/a	150.00K	退出	$13.65M	0.3%
EOLS Evolus, Inc.	n/a	995.49K	退出	$11.98M	0.3%
ASTS AST SpaceMobile, Inc.	n/a	470.00K	退出	$10.69M	0.3%
MCK McKesson Corporation	n/a	15.00K	退出	$10.09M	0.3%
BSX Boston Scientific…	n/a	100.00K	退出	$10.09M	0.3%
ALK Alaska Air Group, Inc.	n/a	186.45K	退出	$9.18M	0.2%
NOW ServiceNow, Inc.	n/a	10.54K	退出	$8.39M	0.2%
DHR Danaher Corporation	n/a	40.00K	退出	$8.20M	0.2%
FXI iShares China Large-Cap…	n/a	225.00K	退出	$8.06M	0.2%
AA Alcoa Corporation	n/a	250.19K	退出	$7.63M	0.2%
CARR Carrier Global…	n/a	119.64K	退出	$7.58M	0.2%
ZWS Zurn Elkay Water…	n/a	225.37K	退出	$7.43M	0.2%
ITGR Integer Holdings…	n/a	61.78K	退出	$7.29M	0.2%
JD JD.com, Inc.	n/a	175.00K	退出	$7.20M	0.2%
NBIS Nebius Group N.V.	n/a	333.33K	退出	$7.04M	0.2%
FBMS	n/a	197.21K	退出	$6.67M	0.2%
DESP	n/a	352.38K	退出	$6.62M	0.2%
LCII LCI Industries	n/a	70.74K	退出	$6.18M	0.2%
SFD Smithfield Foods, Inc.	n/a	276.56K	退出	$5.64M	0.1%
DHI D.R. Horton, Inc.	n/a	43.70K	退出	$5.56M	0.1%
FSUN	n/a	150.00K	退出	$5.42M	0.1%
TDY Teledyne Technologies…	n/a	9.26K	退出	$4.61M	0.1%
BOW	n/a	96.25K	退出	$3.91M	0.1%
ALKT Alkami Technology, Inc.	n/a	148.70K	退出	$3.90M	0.1%
FG F&G Annuities & Life…	n/a	100.00K	退出	$3.60M	0.1%
UCB United Community Banks…	n/a	120.00K	退出	$3.38M	0.1%
CFLT Confluent, Inc.	n/a	125.00K	退出	$2.93M	0.1%
NET Cloudflare, Inc.	n/a	22.95K	退出	$2.59M	0.1%
PENN PENN Entertainment, Inc.	n/a	150.00K	退出	$2.45M	0.1%
SPNT SiriusPoint Ltd.	n/a	138.68K	退出	$2.40M	0.1%
AFRM Affirm Holdings, Inc.	n/a	45.00K	退出	$2.03M	0.1%
SYRE Spyre Therapeutics, Inc.	n/a	125.00K	退出	$2.02M	0.1%
PSN Parsons Corporation	n/a	30.75K	退出	$1.82M	0.0%
NPB	n/a	100.36K	退出	$1.45M	0.0%
GME GameStop Corp.	n/a	60.50K	退出	$1.35M	0.0%
PACB	n/a	1.00M	退出	$1.18M	0.0%
PCG PG&E Corporation	n/a	57.54K	退出	$988,572	0.0%
EFSI	n/a	25.00K	退出	$819,750	0.0%
XLF State Street Financial…	n/a	12.27K	退出	$611,169	0.0%
CBLL CeriBell, Inc.	n/a	25.36K	退出	$487,089	0.0%
SASR	n/a	15.46K	退出	$432,051	0.0%
XAIR	n/a	500.00K	退出	$136,250	0.0%
GOOG Alphabet Inc.	n/a	633	退出	$98,894	0.0%

标的	类型	标的股份	报告持仓市值
SPY	Put	537.50K	$332.09M
FSLR	Call	1.64M	$271.19M
IWM	Put	1.05M	$226.58M
QQQ	Call	400.00K	$220.66M
XLP	Put	1.40M	$113.36M
XLI	Put	700.00K	$103.26M
EFA	Put	1.00M	$89.39M
RUN	Call	9.50M	$77.71M
MSFT	Call	150.00K	$74.61M
IWM	Call	300.00K	$64.74M
SPY	Call	100.00K	$61.78M
FXI	Call	1.50M	$55.14M
GE	Put	200.00K	$51.48M
NVDA	Put	300.00K	$47.40M
AAPL	Call	200.00K	$41.03M
ALLY	Put	1.00M	$38.95M
LOW	Put	175.00K	$38.83M
UBER	Put	400.00K	$37.32M
UNH	Put	100.00K	$31.20M
CFLT	Call	1.00M	$24.93M
GM	Put	500.00K	$24.61M
NVDA	Call	150.00K	$23.70M
F	Put	2.00M	$21.70M
AAPL	Put	75.00K	$15.39M
GM	Call	250.00K	$12.30M
GME	Call	500.00K	$12.20M
SHLS	Call	2.50M	$10.62M
RPD	Call	384.70K	$8.90M
RUN	Put	1.00M	$8.18M
WOLF	Call	543.50K	$216,748

13F仅报告期权名义价值（标的股票数量及市场价值），不披露行权价、到期日或期权方向（买入或卖出），因此无法推断持仓方向。方法论

持仓持有时长

510–1 季度

552–4 季度

345–8 季度

当前各持仓在我们数据窗口内已连续报告的季度数。

相似管理人

管理人	共同持仓	名称重叠	加权相似度
Massachusetts Financial Services Co /Ma/	119	10.8%	0.5684	对比 ⇄
Royal London Asset Management Ltd	100	12.4%	0.5637	对比 ⇄
Nomura Asset Management International…	125	9.1%	0.5618	对比 ⇄
Jennison Associates Llc	87	12.3%	0.558	对比 ⇄
Clearbridge Investments, LLC	94	11.3%	0.5576	对比 ⇄
Schroder Investment Management Group	120	9.6%	0.5561	对比 ⇄
Danske Bank A/S	125	10.2%	0.5554	对比 ⇄
Universal- Beteiligungs- und…	183	9.0%	0.539	对比 ⇄