FUND-LEVEL 13F POSITIONING DASHBOARD

VanEck · 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: $164.1B 标的数: 1,278 仓位变动率: 4.8%

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)
NVIDIA CORPO	NVIDIA CORPORATION	+$5.4B+54.5%
LAM RESEARCH	LAM RESEARCH CORP	+$4.3B+938.1%
MICRON TECHN	MICRON TECHNOLOGY INC	+$3.4B+156.1%
APPLIED MATL	APPLIED MATLS INC	+$3.3B+145.7%
ADVANCED MIC	ADVANCED MICRO DEVICES INC	+$3.1B+124.3%
MARVELL TECH	MARVELL TECHNOLOGY INC	+$2.8B+267.5%
INTEL CORP	INTEL CORP	+$2.7B+132.6%
KLA CORP	KLA CORP	+$2.6B+115.8%
ASML HLDG NV	ASML HLDG NV	+$2.4B+98.4%
TAIWAN SEMIC	TAIWAN SEMICONDUCTOR MANUFAC	+$1.7B+26.3%
▸ 新建仓位 (Top 5)
OCEANAGOLD CNEW	OCEANAGOLD CORP	首次建仓市值 $443M
AYA GOLD & SNEW	AYA GOLD & SILVER INC	首次建仓市值 $193M
SEABRIDGE GONEW	SEABRIDGE GOLD INC	首次建仓市值 $167M
GUIDEWIRE SONEW	GUIDEWIRE SOFTWARE INC	首次建仓市值 $150M
X-ENERGY INCNEW	X-ENERGY INC	首次建仓市值 $131M

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)
Kinross Gold	Kinross Gold Corp	$-1.9B-59.7%
Agnico Eagle	Agnico Eagle Mines Ltd	$-1.2B-27.9%
Newmont Corp	Newmont Corp	$-897M-23.0%
Exxon Mobil	Exxon Mobil Corp	$-650M-96.3%
Alamos Gold	Alamos Gold Inc	$-577M-34.9%
Barrick Mini	Barrick Mining Corp	$-525M-19.2%
RTX Corp	RTX Corp	$-507M-44.0%
CH Robinson	CH Robinson Worldwide Inc	$-498M-99.0%
Gold Fields	Gold Fields Ltd	$-440M-28.2%
Coeur Mining	Coeur Mining Inc	$-426M-28.0%
▸ 已清仓 (Top 5)
Seabridge GoEXIT	Seabridge Gold Inc	-100.0%
IDEX CorpEXIT	IDEX Corp	-100.0%
Jacobs SolutEXIT	Jacobs Solutions Inc	-100.0%
Canadian ImpEXIT	Canadian Imperial Bank of Commerce	-100.0%
KIRBY CORPEXIT	KIRBY CORP	-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

9.25%

2. TAIWAN SEMICONDUCTOR MANUFAC

5.01%

3. BROADCOM INC

3.41%

4. APPLIED MATLS INC

3.40%

5. MICRON TECHNOLOGY INC

3.39%

行业配置矩阵演变 (2026Q1 → 2026Q2)

核心行业

权重交叠 (2026Q1 → 2026Q2)

本季度增仓积极，共10个仓位显著增持（合计+$31.7B），5个全新建仓（合计$1.1B）。增量资金集中涌入Technology板块（11/15笔），代表标的：NVIDIA CORPORATION、LAM RESEARCH CORP、MICRON TECHNOLOGY IN。

防御性减仓显著：10个仓位减持（-$8.2B），5个完全清仓（-$586M），防御姿态明确。减仓高度集中于Mining板块（7/15笔），代表标的：Kinross Gold Corp、Newmont Corp。

板块轮动特征显著：Technology +22.1%；Mining -12.1%，Industrials -3.3%。结构分化清晰。

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