FUND-LEVEL 13F POSITIONING DASHBOARD

Two Sigma · 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: $138.1B 标的数: 3,673 仓位变动率: 5.3%
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)
WESTERN DIGI WESTERN DIGITAL CORP +$859M+134.5%
ADVANCED MIC ADVANCED MICRO DEVICES INC +$684M+243.0%
INTUIT INTUIT +$566M+16375.5%
WELLS FARGO WELLS FARGO & CO +$482M+348.5%
GOLDMAN SACH GOLDMAN SACHS GROUP INC +$467M+133.9%
ASML HLDG NV ASML HLDG NV +$463M+90.0%
BLOOM ENERGY BLOOM ENERGY CORP +$424M+218.3%
AMGEN INC AMGEN INC +$378M+1220.8%
TEXAS INSTRS TEXAS INSTRS INC +$371M+835.4%
BERKSHIRE HA BERKSHIRE HATHAWAY INC DEL +$371M+45.7%
▸ 新建仓位 (Top 5)
SPACE EXPLORNEW SPACE EXPLORATION TECHN CORP 首次建仓市值 $303M
INTERCONTINENEW INTERCONTINENTAL EXCHANGE IN 首次建仓市值 $250M
FORTIVE CORPNEW FORTIVE CORP 首次建仓市值 $196M
NXP SEMICONDNEW NXP SEMICONDUCTORS N V 首次建仓市值 $96M
ASCENDIS PHANEW ASCENDIS PHARMA A/S 首次建仓市值 $82M
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 INC ALPHABET INC $-1.2B-88.8%
NVIDIA CORPO NVIDIA CORPORATION $-721M-34.3%
ADOBE INC ADOBE INC $-539M-70.5%
PALANTIR TEC PALANTIR TECHNOLOGIES INC $-511M-51.3%
BROADCOM INC BROADCOM INC $-488M-67.8%
SERVICENOW I SERVICENOW INC $-471M-95.7%
HERSHEY CO HERSHEY CO $-403M-97.8%
HONEYWELL IN HONEYWELL INTL INC $-384M-97.8%
UNITEDHEALTH UNITEDHEALTH GROUP INC $-357M-76.8%
CHENIERE ENE CHENIERE ENERGY INC $-345M-87.7%
▸ 已清仓 (Top 5)
VENTAS RLTY EXIT VENTAS RLTY LTD PARTNERSHIP -100.0%
ICICI BANK LEXIT ICICI BANK LIMITED -100.0%
ECOLAB INCEXIT ECOLAB INC -100.0%
ASCENDIS PHAEXIT ASCENDIS PHARMA A/S -100.0%
TASEKO MINESEXIT TASEKO MINES LTD -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. WESTERN DIGITAL CORP
1.08%
2. AMAZON COM INC
1.01%
3. NVIDIA CORPORATION
1.00%
4. APPLE INC
0.92%
5. TESLA INC
0.91%
行业配置矩阵演变 (2026Q1 → 2026Q2)
核心行业
权重交叠 (2026Q1 → 2026Q2)
最新占比
Technology / TMT
-4.3%
2026Q1: 35.1%
2026Q2: 30.8%
Financials
+3.3%
2026Q1: 12.7%
2026Q2: 16.1%
Healthcare
+1.5%
2026Q1: 13.1%
2026Q2: 14.7%
Consumer / Retail
-0.6%
2026Q1: 15.2%
2026Q2: 14.6%
Industrials / Energy
+2.3%
2026Q1: 11.5%
2026Q2: 13.8%
ETF / Index Funds
+2.1%
2026Q1: 2.7%
2026Q2: 4.8%
Communications / Telecom
-0.4%
2026Q1: 2.8%
2026Q2: 2.5%
Real Estate
-1.0%
2026Q1: 2.1%
2026Q2: 1.1%
Mining / Commodities
-2.7%
2026Q1: 3.3%
2026Q2: 0.6%
Unclassified
+0.6%
2026Q1: 0.0%
2026Q2: 0.6%
Convertible Bonds
-0.8%
2026Q1: 1.4%
2026Q2: 0.5%
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+$5.1B），5个全新建仓（合计$928M）。增量资金集中涌入Technology板块（6/15笔），代表标的：WESTERN DIGITAL CORP、ADVANCED MICRO DEVIC、INTUIT。

Panel 2 减仓复盘

防御性减仓显著：10个仓位减持（-$5.8B），5个完全清仓（-$309M），防御姿态明确。减仓高度集中于Technology板块（6/15笔），代表标的：ALPHABET INC、NVIDIA CORPORATION、ADOBE INC。

Panel 3 结构轮动特征

板块轮动特征显著：Financials+3.3%，Healthcare+1.5%；Technology -4.3%，Consumer -0.6%。结构分化清晰。

宏观操盘风格与归因

TMT小幅降权(-4pp)，工业微增(+2pp)，被动再平衡为主

SEC Form 13F DATA | BUYSIDE TRACER DASHBOARD V3.1 | Two Sigma 2026Q2 | 2026-08-18 16:09