FUND-LEVEL 13F POSITIONING DASHBOARD

Millennium · 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: 2026Q2 对比基准: 2026Q1 净市值: $276.3B 标的数: 3,682 仓位变动率: 1.8%

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)
STATE STR SP	STATE STR SPDR S&P 500 ETF	+$7.2B+224.1%
MICRON TEC	MICRON TECHNOLOGY INC	+$3.4B+211.2%
ADVANCED MIC	ADVANCED MICRO DEVICES IN	+$2.7B+159.2%
NVIDIA CORP	NVIDIA CORPORATION	+$1.8B+24.6%
INVESCO QQQ	INVESCO QQQ TR	+$1.5B+25.2%
INTEL CORP	INTEL CORP	+$1.2B+205.3%
SEAGATE TECH	SEAGATE TECHNOLOGY HLDNGS	+$793M+304.8%
BLOOM ENER	BLOOM ENERGY CORP	+$759M+1209.8%
STATE STR SP	STATE STR SPDR DOW JONES IN	+$759M+164.4%
NEBIUS GRO	NEBIUS GROUP N.V.	+$730M+1024.4%
▸ 新建仓位 (Top 5)
SPACE EXPLORNEW	SPACE EXPLORATION TECHN C	首次建仓市值 $3.2B
EXTRA SPACE NEW	EXTRA SPACE STORAGE INC	首次建仓市值 $206M
CARNIVAL NEW	CARNIVAL CORP LTD	首次建仓市值 $194M
ROUNDHILL ENEW	ROUNDHILL ETF TRUST	首次建仓市值 $163M
HONEYWELL AENEW	HONEYWELL AEROSPACE INC	首次建仓市值 $136M

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)
ALPHABET	ALPHABET INC	$-3.0B-98.6%
CRH PLC	CRH PLC	$-2.8B-95.1%
EXXON MO	EXXON MOBIL CORP	$-1.3B-87.1%
BERKSHIRE HA	BERKSHIRE HATHAWAY INC	$-1.1B-98.3%
WELLS FARG	WELLS FARGO & CO	$-602M-100.0%
BANK AMERIC	BANK AMERICA CORP	$-569M-57.3%
TESLA INC	TESLA INC	$-528M-17.3%
FIRSTENERGY	FIRSTENERGY CORP	$-515M-99.6%
MORGAN STAN	MORGAN STANLEY	$-514M-67.1%
META PLATFO	META PLATFORMS INC	$-511M-12.5%
▸ 已清仓 (Top 5)
COTERRA ENEXIT	COTERRA ENERGY INC	-100.0%
HOLOGIC INEXIT	HOLOGIC INC	-100.0%
MASIMO COREXIT	MASIMO CORP	-100.0%
CLEARWATER AEXIT	CLEARWATER ANALYTICS HLDGS	-100.0%
TERNS PHARMAEXIT	TERNS PHARMACEUTICALS 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. STATE STR SPDR S&P 500 ETF T…

3.76%

2. NVIDIA CORPORATION

3.27%

3. INVESCO QQQ TR

2.78%

4. MICRON TECHNOLOGY INC

1.81%

5. MICROSOFT CORP

1.79%

行业配置矩阵演变 (2026Q1 → 2026Q2)

核心行业

权重交叠 (2026Q1 → 2026Q2)

最新占比

ETF / Index Funds

+3.4%

Technology / TMT

-1.4%

Industrials / Energy

-1.8%

Financials

-2.2%

Consumer / Retail

+0.4%

Unclassified

+2.3%

Healthcare

-0.8%

Communications / Telecom

+0.8%

Mining / Commodities

-0.1%

Convertible Bonds

-0.6%

浅色底层=2026Q1历史 · 深色覆盖=2026Q2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+$20.8B），5个全新建仓（合计$3.9B）。增量资金集中涌入Technology板块（6/15笔），代表标的：MICRON TECHNOLOGY 、ADVANCED MICRO 。

Panel 2 减仓复盘

防御性减仓显著：10个仓位减持（-$13.0B），5个完全清仓（-$1.5B），防御姿态明确。减仓高度集中于Industrials板块（4/15笔），代表标的：CRH PLC、EXXON MOBIL 。

Panel 3 结构轮动特征

板块轮动特征显著：ETF +3.4%，Unclassified+2.3%；Technology -1.4%，Industrials -1.8%。结构分化清晰。

宏观操盘风格与归因

行业配置整体稳定，AUM+15%，核心仓位无明显偏移