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精选知名管理人——集中型价值投资者、维权投资者、量化机构及被动投资巨头——逐季跟踪观察。
申报文件归属于机构，而非个人——我们使用"伯克希尔·哈撒韦报告……"，而非"巴菲特买入……"。每条记录注明关联人员及该 13F 所揭示的账户类型。
World's largest asset manager — Mostly passive/ETF assets — read size, not conviction.
49,968 持仓 · 前十大 28.1% · +196 新增 · −154 退出
SPDR ETF sponsor — Passive giant; index flows dominate changes.
4,177 持仓 · 前十大 29.1% · +42 新增 · −103 退出
Fidelity Investments' manager — Active + index fund complex.
13,978 持仓 · 前十大 34.0% · +235 新增 · −147 退出
Bank/wealth platform — Bank-affiliated adviser aggregating client assets.
45,905 持仓 · 前十大 21.1% · +213 新增 · −162 退出
Manages Fidelity index funds — Passive manager for Fidelity-branded index funds.
8,470 持仓 · 前十大 31.1% · +112 新增 · −140 退出
Bank asset & wealth management — Bank-affiliated manager; broad book.
34,064 持仓 · 前十大 26.3% · +375 新增 · −202 退出
Bank asset & wealth management — Bank-affiliated manager; broad book.
14,070 持仓 · 前十大 22.6% · +377 新增 · −354 退出
Norway's sovereign wealth fund (NBIM) — The world's largest sovereign equity owner; near-index breadth.
1,617 持仓 · 前十大 32.4% · +1602 新增
Active fund complex — Large active growth manager.
4,722 持仓 · 前十大 32.3% · +215 新增 · −111 退出
Ken Griffin (Founder & CEO) — Multi-strategy platform; heavy reported options activity — read positions with care.
16,127 持仓 · 前十大 15.9% · +1090 新增 · −898 退出
Capital Group division — American Funds' long-only equity.
637 持仓 · 前十大 29.6% · +63 新增 · −55 退出
Institutional asset manager — One of the largest active institutional managers.
7,448 持仓 · 前十大 25.0% · +210 新增 · −159 退出
Ken Fisher (Founder) — Large RIA managing many separate accounts — breadth over conviction.
1,037 持仓 · 前十大 35.6% · +121 新增 · −96 退出
Warren Buffett (Chairman & CEO) — The holding company's reported U.S. equity book; famously concentrated and long-held.
89 持仓 · 前十大 88.5% · +1 新增 · −1 退出
Cliff Asness (Co-founder) — Systematic factor investing across thousands of names.
21,077 持仓 · 前十大 12.2% · +237 新增 · −77 退出
Izzy Englander (Founder) — Multi-manager pod platform; aggregate positions reflect many independent teams.
5,798 持仓 · 前十大 19.4% · +494 新增 · −533 退出
Quantitative institutional manager — Systematic global equity.
1,887 持仓 · 前十大 27.7% · +373 新增 · −298 退出
Founded by David E. Shaw — Quantitative multi-strategy manager.
6,298 持仓 · 前十大 20.2% · +510 新增 · −280 退出
Value mutual-fund manager — Long-only value funds; positions turn over slowly.
222 持仓 · 前十大 27.9% · +7 新增 · −6 退出
Sub-adviser to Vanguard funds — Long-duration growth positions.
324 持仓 · 前十大 42.5% · +10 新增 · −6 退出
Founded by John Overdeck & David Siegel — Quantitative manager; broad, fast-turning book.
5,017 持仓 · 前十大 8.4% · +547 新增 · −334 退出
London long/short platform — Systematic + discretionary long/short.
6,550 持仓 · 前十大 40.5% · +641 新增 · −604 退出
Edinburgh growth manager — Long-horizon growth investing.
880 持仓 · 前十大 44.7% · +28 新增 · −24 退出
Steve Cohen (Founder) — Multi-manager platform with discretionary pods.
3,923 持仓 · 前十大 14.8% · +613 新增 · −605 退出
Manager of the Oakmark funds — Long-only value funds.
226 持仓 · 前十大 31.5% · +12 新增 · −7 退出
Founded by Jim Simons — Quantitative manager holding thousands of positions; single names carry little signal.
3,140 持仓 · 前十大 12.0% · +506 新增 · −566 退出
Manages Harvard-lineage capital — Low-profile, benchmark-aware stock picking.
1,002 持仓 · 前十大 29.5% · +130 新增 · −108 退出
Chris Hohn (Founder) — Very concentrated, long-duration positions.
11 持仓 · 前十大 98.6% · +2 新增 · −1 退出
Philippe Laffont (Founder) — Technology-focused crossover manager.
211 持仓 · 前十大 61.9% · +9 新增 · −5 退出
Joel Greenblatt (Co-CIO) — Systematic value; hundreds of small long positions.
1,791 持仓 · 前十大 28.4% · +174 新增 · −125 退出
Founded by Andreas Halvorsen — Fundamental long/short equity.
90 持仓 · 前十大 35.7% · +32 新增 · −21 退出
Endowment trust — Concentrated endowment portfolio.
24 持仓 · 前十大 94.9% · +2 新增
Founded by Ray Dalio — One of the largest macro managers; the 13F shows only its reportable U.S. long book.
997 持仓 · 前十大 40.0% · +212 新增 · −208 退出
Chase Coleman (Founder) — Growth/technology crossover investing.
46 持仓 · 前十大 67.1% · +9 新增 · −15 退出
Paul Singer (Founder) — Activist positions often paired with derivatives that 13Fs only partially reveal.
29 持仓 · 前十大 95.6% · +2 新增 · −2 退出
Founded by Stephen Mandel — Growth-oriented long/short equity.
34 持仓 · 前十大 53.9% · +13 新增 · −15 退出
Cathie Wood (CEO) — Thematic ETF manager — its 13F largely mirrors its funds' disclosed holdings.
191 持仓 · 前十大 39.5% · +15 新增 · −6 退出
Insurance holding company — Buffett-style equity book inside an insurer.
205 持仓 · 前十大 42.9% · +3 新增 · −2 退出
Mario Gabelli (Chairman) — Value manager with many small-cap holdings.
938 持仓 · 前十大 15.4% · +34 新增 · −97 退出
Brad Gerstner (Founder) — Technology-focused crossover manager.
20 持仓 · 前十大 83.3% · +9 新增 · −2 退出
Carl Icahn — Activist positions, often alongside 13D filings.
18 持仓 · 前十大 98.6%
Family office of George Soros — Macro-driven family office.
266 持仓 · 前十大 29.3% · +83 新增 · −78 退出
David Tepper (President) — Opportunistic, macro-aware equity positioning.
27 持仓 · 前十大 81.6% · +6 新增 · −12 退出
Co-founded by Howard Marks — Credit specialist; the 13F shows only its listed-equity sliver.
145 持仓 · 前十大 66.5% · +8 新增 · −11 退出
Founded by Jeff Ubben; led by Mason Morfit — Constructive activist with board seats.
18 持仓 · 前十大 88.2% · +1 新增 · −1 退出
Larry Robbins (CEO) — Healthcare-heavy fundamental manager.
45 持仓 · 前十大 64.1% · +12 新增 · −11 退出
Seth Klarman (CEO) — Value investor; much of the portfolio (cash, credit, private) never appears in a 13F.
23 持仓 · 前十大 74.9% · +3 新增 · −2 退出
Stanley Druckenmiller (Chairman) — Macro-aware equity family office.
95 持仓 · 前十大 52.4% · +44 新增 · −23 退出
Daniel Loeb (CEO) — Event-driven and activist equity manager.
43 持仓 · 前十大 60.6% · +14 新增 · −9 退出
Jeff Smith (CEO) — Activist campaigns in mid-cap companies.
22 持仓 · 前十大 84.3% · +2 新增 · −4 退出
Nelson Peltz (CEO) — Concentrated operational activism.
9 持仓 · 前十大 100.0%
David Einhorn (President) — Long/short value manager (adviser entity renamed DME Capital Management) — 13F shows reportable longs only.
95 持仓 · 前十大 52.8% · +7 新增 · −6 退出
Li Lu (Founder) — Very concentrated value book.
8 持仓 · 前十大 100.0% · −6 退出
Prem Watsa (Chairman) — Insurance holding company's equity portfolio.
32 持仓 · 前十大 90.8% · +6 新增 · −3 退出
Classic Graham-and-Dodd firm — Old-school value manager.
91 持仓 · 前十大 69.2% · +13 新增 · −15 退出
Mohnish Pabrai (Managing Partner) — Ultra-concentrated value vehicle.
4 持仓 · 前十大 100.0% · +1 新增
Bill Ackman (CEO) — Concentrated activist positions in a small number of large companies.
持仓解析进行中
Michael Burry (Founder) — Small, concentrated book; reported options make headline positions easy to misread.
持仓解析进行中
Index-fund pioneer — Passive giant — position changes mostly reflect index flows, not views.
持仓解析进行中