FUND-LEVEL 13F POSITIONING DASHBOARD

Fisher Invest · 单基金13F持仓深度分析

聚焦增减仓路径、核心底仓结构与行业配置迁移，识别季度内仓位重构信号。

披露季度: 2026Q1 对比基准: 2025Q4 净市值: $294.9B 标的数: 841 仓位变动率: 0.7%
Panel 1: 增仓与建仓
标的发行人全称增持/建仓额
▸ 大幅增持 (Top 10)
ABBVIE INC ABBVIE INC +$1.8B+1277.3%
EXXON MOBIL EXXON MOBIL CORP +$1.7B+44.5%
PFIZER INC PFIZER INC +$1.7B+127.8%
CATERPILLAR CATERPILLAR INC +$1.5B+27.4%
ASML HLDG NV ASML HLDG NV NYS +$1.3B+26.6%
CHEVRON CORP CHEVRON CORPORATION +$1.3B+38.4%
CISCO SYS IN CISCO SYS INC +$1.1B+446.7%
NOVARTIS A G NOVARTIS A G SPONSORED ADR ADR +$1.1B+106.1%
VANGUARD SP VANGUARD SP 500 ETF +$939M+113907.4%
BP PLC SPONS BP PLC SPONSORED ADR ADR +$824M+35.7%
▸ 新建仓位 (Top 5)
ASTRAZENECA NEW ASTRAZENECA PLC 首次建仓市值 $2.1B
PBB WORLD BINEW PBB WORLD BIOPHARMA ETF 首次建仓市值 $717M
CG ONCOLOGY NEW CG ONCOLOGY INC 首次建仓市值 $31M
PINNACLE FINNEW PINNACLE FINL PARTNERS INC COM 首次建仓市值 $15M
RAYONIER INCNEW RAYONIER INC 首次建仓市值 $9M
Panel 2: 减持与清仓
标的发行人全称减持/清仓额
▸ 大幅减持 (Top 10)
MICROSOFT CO MICROSOFT CORP $-2.6B-21.5%
ADOBE INC ADOBE INC $-1.4B-97.8%
ABBOTT LABS ABBOTT LABS $-1.4B-94.6%
SAP SE ADR SAP SE ADR $-1.1B-30.4%
STRYKER CORP STRYKER CORPORATION $-945M-86.2%
BOSTON SCIEN BOSTON SCIENTIFIC CORP $-843M-96.8%
BANCO SANTAN BANCO SANTANDER SA ADR $-690M-60.8%
APPLE INC APPLE INC $-671M-4.5%
AMAZON COM I AMAZON COM INC COM $-634M-8.2%
INTUIT INTUIT $-633M-41.8%
▸ 已清仓 (Top 5)
ASTRAZENECA EXIT ASTRAZENECA PLC ADR -100.0%
TRIP COM GROEXIT TRIP COM GROUP LTD ADR -100.0%
WEBSTER FINLEXIT WEBSTER FINL CORP -100.0%
CADENCE BANKEXIT CADENCE BANK -100.0%
HUB GROUP INEXIT HUB GROUP INC -100.0%
Panel 3: 核心底仓与行业矩阵（前100持仓）
前 5 大核心重仓股
1. NVIDIA CORP COM
5.24%
2. APPLE INC
4.86%
3. MICROSOFT CORP
3.26%
4. AMAZON COM INC COM
2.41%
5. CATERPILLAR INC
2.35%
行业配置矩阵演变 (2025Q4 → 2026Q1)
核心行业
权重交叠 (2025Q4 → 2026Q1)
最新占比
Technology / TMT
-3.2%
2025Q4: 37.3%
2026Q1: 34.1%
Industrials / Energy
+3.4%
2025Q4: 14.5%
2026Q1: 17.9%
Financials
-2.0%
2025Q4: 19.1%
2026Q1: 17.1%
Healthcare
+0.5%
2025Q4: 9.6%
2026Q1: 10.2%
ETF / Index Funds
+0.0%
2025Q4: 9.8%
2026Q1: 9.8%
Consumer / Retail
+0.9%
2025Q4: 6.3%
2026Q1: 7.2%
Mining / Commodities
+0.4%
2025Q4: 2.3%
2026Q1: 2.8%
Convertible Bonds
-0.2%
2025Q4: 0.8%
2026Q1: 0.6%
Other / Diversified
+0.0%
2025Q4: 0.3%
2026Q1: 0.3%
浅色底层=2025Q4历史 · 深色覆盖=2026Q1最新分布

Panel 1 增仓复盘

本季度增仓积极，共10个仓位显著增持（合计+$13.1B），5个全新建仓（合计$2.9B）。增量资金集中涌入Healthcare板块（5/15笔），代表标的：ABBVIE INC、PFIZER INC。

Panel 2 减仓复盘

防御性减仓显著：10个仓位减持（-$13.1B），5个完全清仓（-$2.3B），防御姿态明确。减仓高度集中于Technology板块（6/15笔），代表标的：MICROSOFT CORP、ADOBE INC。

Panel 3 结构轮动特征

板块轮动特征显著：Industrials +3.4%，Healthcare+0.5%；Technology -3.2%，Financials-2.0%。结构分化清晰。

宏观操盘风格与归因

TMT小幅降权(-3pp)，工业微增(+3pp)，被动再平衡为主

SEC Form 13F DATA | BUYSIDE TRACER DASHBOARD V3.1 | Fisher Invest 2026Q1 | 2026-05-27 19:08