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: 2026Q1 对比基准: 2025Q4 净市值: $123.9B 标的数: 3,488 仓位变动率: 6.3%
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)
NVIDIA CORPO NVIDIA CORPORATION +$1.7B+479.4%
ALPHABET INC ALPHABET INC +$1.2B+757.2%
APPLE INC APPLE INC +$1.2B+310.5%
AMAZON COM I AMAZON COM INC +$1.0B+327.5%
JPMORGAN CHA JPMORGAN CHASE & CO +$898M+649.8%
TESLA INC TESLA INC +$828M+250.4%
BROADCOM INC BROADCOM INC +$709M+6609.6%
COSTCO WHOLE COSTCO WHOLESALE CORPORATION +$664M+297.4%
PALANTIR TEC PALANTIR TECHNOLOGIES INC +$644M+183.1%
MASTERCARD I MASTERCARD INCORPORATED +$589M+233.6%
▸ 新建仓位 (Top 5)
ABBOTT LABORNEW ABBOTT LABORATORIES 首次建仓市值 $661M
RTX CORPORATNEW RTX CORPORATION 首次建仓市值 $377M
AUTOMATIC DANEW AUTOMATIC DATA PROCESSING IN 首次建仓市值 $261M
LAS VEGAS SANEW LAS VEGAS SANDS CORP 首次建仓市值 $225M
HOWMET AEROSNEW HOWMET AEROSPACE INC 首次建仓市值 $111M
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)
RIVIAN AUTOM RIVIAN AUTOMOTIVE INC $-335M-88.7%
SOFI TECHNOL SOFI TECHNOLOGIES INC $-250M-80.2%
ALNYLAM PHAR ALNYLAM PHARMACEUTICALS INC $-237M-96.9%
SELECT SECTO SELECT SECTOR SPDR TR $-231M-57.3%
CLOUDFLARE I CLOUDFLARE INC $-221M-88.6%
BOEING CO BOEING CO $-214M-87.7%
SPDR SERIES SPDR SERIES TRUST $-209M-97.3%
AMGEN INC AMGEN INC $-206M-86.9%
PROCTER AND PROCTER AND GAMBLE CO $-203M-96.9%
MCDONALDS CO MCDONALDS CORP $-178M-87.9%
▸ 已清仓 (Top 5)
ASTRAZENECA EXIT ASTRAZENECA PLC -100.0%
NEW GOLD INCEXIT NEW GOLD INC CDA -100.0%
CANADIAN PACEXIT CANADIAN PACIFIC KANSAS CITY -100.0%
BURLINGTON SEXIT BURLINGTON STORES INC -100.0%
SPOTIFY USA EXIT SPOTIFY USA 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 CORPORATION
1.70%
2. APPLE INC
1.25%
3. ALPHABET INC
1.12%
4. AMAZON COM INC
1.08%
5. TESLA INC
0.93%
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
+10.8%
2025Q4: 24.3%
2026Q1: 35.1%
Consumer / Retail
-1.8%
2025Q4: 17.1%
2026Q1: 15.2%
Healthcare
+2.4%
2025Q4: 10.7%
2026Q1: 13.1%
Financials
+0.8%
2025Q4: 12.0%
2026Q1: 12.7%
Industrials / Energy
+2.9%
2025Q4: 8.6%
2026Q1: 11.5%
Mining / Commodities
+1.8%
2025Q4: 1.6%
2026Q1: 3.3%
Communications / Telecom
-2.3%
2025Q4: 5.1%
2026Q1: 2.8%
ETF / Index Funds
-15.4%
2025Q4: 18.0%
2026Q1: 2.7%
Real Estate
+0.3%
2025Q4: 1.8%
2026Q1: 2.1%
Convertible Bonds
+0.6%
2025Q4: 0.8%
2026Q1: 1.4%
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+$9.5B），5个全新建仓（合计$1.6B）。增量资金集中涌入Technology板块（7/15笔），代表标的：NVIDIA CORPORATION、ALPHABET INC、APPLE INC。

Panel 2 减仓复盘

防御性减仓显著：10个仓位减持（-$2.7B），5个完全清仓（-$391M），防御姿态明确。减仓高度集中于Consumer板块（4/15笔），代表标的：RIVIAN AUTOMOTIVE IN。

Panel 3 结构轮动特征

板块轮动特征显著：Technology +10.8%，Healthcare+2.4%；Consumer -1.8%，Communications -2.3%。结构分化清晰。

宏观操盘风格与归因

ETF-15pp，TMT+11pp。AUM+75%

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