与标普500指数的表现对比

03
追踪时间 Q1 2025–Q2 2026 -7.2%
标普500指数同期总回报率 +37.0%
超额回报 -44.2%

年化：-5.8% · 标普500指数：+28.7%

近似于基于季度SEC 13F快照构建的买入并持有投资组合。不包括现金、空头头寸、期权/衍生品和非13(f)证券——仅反映已披露的多头股票账簿，而非基金总资产管理规模。SEC文件延迟最多可达45天；这不是一个可实时复制的交易。

可定价覆盖率：99.8% · 已排除期权：0.0%

行业细分

04
Industrials 29.2%
Technology 20.1%
Health Care 16.3%
Financials 14.1%
Retail 10.0%
Communication Services 6.2%
Materials 4.0%
Consumer Discretionary 0.0%
Utilities 0.0%
Energy 0.0%
Consumer Staples 0.0%

完整投资组合 56 持仓

05
类型 连胜 8个季度趋势
APH Amphenol Corporation Common Stock $318098708 8.53% 1803934 $116570556 上涨 ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $316059928 8.48% 662678 $71548508 下跌 ×1
MA Mastercard Incorporated Common Stock $265378941 7.12% 516812 $-21602480 下跌 ×2
MRSH Marsh Common Stock $252810851 6.78% 1517459 $-38659266 下跌 ×2
AMZN Amazon.com, Inc. - Common Stock $249674813 6.70% 1047926 $11189276 下跌 ×3
LH Labcorp Holdings Inc. Common Stock $218923069 5.87% 781731 $-42404991 下跌 ×5
CDNS Cadence Design Systems, Inc. - Common Stock $200259289 5.37% 533653 $-8765000 下跌 ×4
TMO Thermo Fisher Scientific Inc Common Stock $199087273 5.34% 397439 $-16459614 下跌 ×4
AME AMETEK, Inc. $188810247 5.07% 780619 $5643688 下跌 ×3
XYL Xylem Inc. Common Stock New $187970441 5.04% 1589616 $136608369 上涨 ×2
MSFT Microsoft Corporation - Common Stock $177927221 4.77% 477149 $-61481806 下跌 ×4
GOOGL Alphabet Inc. - Class A Common Stock $143621348 3.85% 402051 $17226288 下跌 ×4
ADP Automatic Data Processing, Inc. - Common Stock $135220948 3.63% 603879 $-2304076 下跌 ×4
ISRG Intuitive Surgical, Inc. - Common Stock $124781644 3.35% 313818 $-126025426 下跌 ×1
TSCO Tractor Supply Company - Common Stock $121441454 3.26% 3842265 $-69944549 下跌 ×4
AVY Avery Dennison Corporation Common Stock $109050028 2.93% 671979 $-20368753 下跌 ×4
GOOG Alphabet Inc. - Class C Capital Stock $87322656 2.34% 247136 $7853095 下跌 ×6
HUBB Hubbell Inc Common Stock $75639224 2.03% 144569 上涨 ×1
VRSK Verisk Analytics, Inc. - Common Stock $69163256 1.86% 385387 $-11170425 下跌 ×2
HEI-A (申报为 HEIA) HEICO Corporation Class A $66406692 1.78% 257550 上涨 ×1
BSX Boston Scientific Corporation Common Stock $60925063 1.63% 1427592 $-36820284 下跌 ×1
ACN Accenture plc Class A Ordinary Shares (Ireland) $51362020 1.38% 412819 $-38562098 下跌 ×4
FN Fabrinet Ordinary Shares $47241421 1.27% 83984 上涨 ×1
FNV Franco-Nevada Corporation $40653587 1.09% 195028 上涨 ×1
BRK-B (申报为 BRKB) Berkshire Hathaway Inc. Class B $7739319 0.21% 15470 $324781
AAPL Apple Inc. - Common Stock $2066288 0.06% 7144 $50525 下跌 ×2
COST Costco Wholesale Corporation - Common Stock $1825803 0.05% 1952 $-119043
UNH UnitedHealth Group Incorporated Common Stock (DE) $1756952 0.05% 4230 $491035 下跌 ×4
SNPS Synopsys, Inc. - Common Stock $806998 0.02% 1810 $-326635 下跌 ×4
JNJ Johnson & Johnson Common Stock $635013 0.02% 2500 $24000
BR Broadridge Financial Solutions, Inc. Common Stock $435810 0.01% 3184 $-169323032 下跌 ×5
AXP American Express Company Common Stock $338255 0.01% 1000 $35660
WPM Wheaton Precious Metals Corp Common Shares (Canada) $337005 0.01% 3000 $-56400
PANW Palo Alto Networks, Inc. - Common Stock $327043 0.01% 960 $173136
MCD McDonald's Corporation Common Stock $282894 0.01% 1047 $-129597 下跌 ×2
WEC WEC Energy Group, Inc. Common Stock $277877 0.01% 2380 $2380
ABBV AbbVie Inc. Common Stock $276326 0.01% 1100 $37147
AMD Advanced Micro Devices, Inc. - Common Stock $261410 0.01% 450 $169866
XOM Exxon Mobil Corporation Common Stock $259265 0.01% 1900 $-63042
PWR Quanta Services, Inc. Common Stock $228169 0.01% 317 $-849 下跌 ×2
META Meta Platforms, Inc. - Class A Common Stock $218440 0.01% 388 $-3515
DE Deere & Company Common Stock $206019 0.01% 325 $22938
DG Dollar General Corporation Common Stock $178506 0.00% 1550 $-5495
KO Coca-Cola Company (The) Common Stock $175630 0.00% 2162 $11145
ALGN Align Technology, Inc. - Common Stock $143395 0.00% 850 $-2376
MSCI MSCI Inc. Common Stock $137233 0.00% 245 $5114
SYK Stryker Corporation Common Stock $110224 0.00% 350 $-4760
IDXX IDEXX Laboratories, Inc. - Common Stock $108419 0.00% 206 $-7310
LIN Linde plc - Ordinary Shares $102217 0.00% 197 $4576
JPM JP Morgan Chase & Co. Common Stock $91652 0.00% 280 $9287
V Visa Inc. $85646 0.00% 250 $10111
INTU Intuit Inc. - Common Stock $53756 0.00% 206 $-121555336 下跌 ×2
ABT Abbott Laboratories Common Stock $42164 0.00% 465 $-5529
CB Chubb Limited Common Stock $36800 0.00% 108 $1600
VZ Verizon Communications Inc. Common Stock $29197 0.00% 690 $-5431
WFC Wells Fargo & Company Common Stock $28924 0.00% 350 $1060

最大新仓位

09

本季度新开仓位，按规模从大到小排序。

证券价值股份% 占投资组合
HUBB $75639224 144569 2.03%
HEI-A (申报为 HEIA) $66406692 257550 1.78%
FN $47241421 83984 1.27%
FNV $40653587 195028 1.09%

季度涨幅榜

10
证券操作股份变动价值变动
XYL 增持 +1.2M +$136.6M
ISRG 削减 -230K -$126.0M
APH 增持 +209K +$116.6M
TSM 削减 -61K +$71.5M
TSCO 削减 -382K -$69.9M
MSFT 削减 -170K -$61.5M
LH 削减 -198K -$42.4M
MRSH 削减 -163K -$38.7M
ACN 削减 -41K -$38.6M
BSX 削减 -130K -$36.8M

2 positions hidden — reported move looks larger than the position itself (data completeness check)

已退出持仓

11

包含公司事件（合并、退市）——并非所有退出都是卖出

已关闭的头寸反映了 13F 报告的变更；对于指数管理人来说，这些通常是机械性的（退市、并购、指数再平衡），而不是主动决策。

证券季度先前持股数先前价值退出后价格
HON 2026年6月30日 2208 $498931 -1.2%
SPGI 2026年3月31日 540 $282245
RTX 2025年6月30日 1600 $211872 30.8%
EBAY 2025年6月30日 2800 $189630 63.1%
PYPL 2025年6月30日 2800 $182644 -23.3%
EW 2026年6月30日 2167 $173566 -1.5%
ECL 2026年3月31日 554 $145527 8.5%
WSO 2026年6月30日 379 $137768 -22.5%
MTD 2026年6月30日 106 $133777 30.7%
FISV 2026年3月31日 1695 $113862 -10.6%
ADSK 2026年3月31日 364 $107773 5.3%
CARR 2025年6月30日 1600 $101432 -23.2%
ADBE 2026年3月31日 286 $100061 8.5%
OTIS 2025年6月30日 800 $82556 -24.1%
HD 2025年6月30日 175 $64131 -12.8%