MAG7 13F TOP25 持仓变化（Q4 2025 → Q1 2026）

数据源 SEC EDGAR 13F-HR/HR-A | 周期 Q4 2025 → Q1 2026 | 生成时间 2026-05-16

本期摘要

Top25 在该板块 Q1 末总持仓：5,235.79B（Q4 6,151.35B）
季度净流入 / 流出市值：-915.56B
最大买家 Top3：BERKSHIRE HATHAWAY INC 净 +39,988,871 股 (GOOGL+GOOG)；Capital Research Global Investors 净 +28,398,233 股 (AMZN)；FMR LLC (Fidelity) 净 +22,789,685 股 (NVDA)
最大卖家 Top3：NORGES BANK 净 -333,748,700 股 (NVDA)；NORGES BANK 净 -192,255,086 股 (AAPL)；NORGES BANK 净 -155,213,342 股 (GOOGL+GOOG)
本期无新建仓

票维总表

Ticker	Top25 Q1 总持仓	Δ市值	NEW	ADD	HOLD	REDUCE	EXIT	Q1 季内 VWAP
NVDA	1,225.21B	-10.38%	0	9	0	11	1	$183.52
AAPL	1,021.40B	-11.15%	0	11	1	9	1	$260.49
GOOGL+GOOG	909.13B	-10.72%	0	10	0	11	1	$314.23
MSFT	816.85B	-27.35%	0	10	0	10	1	$414.85
AMZN	590.54B	-11.60%	0	13	0	7	2	$217.80
META	419.02B	-16.45%	0	9	0	11	1	$640.24
TSLA	253.63B	-21.35%	0	11	0	8	1	$412.23

NVDA：本期 Top25 总持仓 1,225.21B，环比 -10.38%。 0 家新建仓、9 家加仓；11 家减仓、1 家清仓。 FMR LLC (Fidelity) 净加仓最多（+22,789,685 股）； NORGES BANK 净减仓最多（-333,748,700 股）。 Q1 季内 VWAP $183.52 对比 Q1 末隐含价 $174.40，机构本季买入价高于末价。

AAPL：本期 Top25 总持仓 1,021.40B，环比 -11.15%。 0 家新建仓、11 家加仓；9 家减仓、1 家清仓。 MORGAN STANLEY 净加仓最多（+13,991,687 股）； NORGES BANK 净减仓最多（-192,255,086 股）。 Q1 季内 VWAP $260.49 对比 Q1 末隐含价 $253.79，机构本季买入价接近末价。

GOOGL+GOOG：本期 Top25 总持仓 909.13B，环比 -10.72%。 0 家新建仓、10 家加仓；11 家减仓、1 家清仓。 BERKSHIRE HATHAWAY INC 净加仓最多（+39,988,871 股）； NORGES BANK 净减仓最多（-155,213,342 股）。 Q1 季内 VWAP $314.23 对比 Q1 末隐含价 $287.25，机构本季买入价高于末价。

MSFT：本期 Top25 总持仓 816.85B，环比 -27.35%。 0 家新建仓、10 家加仓；10 家减仓、1 家清仓。 Capital Research Global Investors 净加仓最多（+22,768,626 股）； NORGES BANK 净减仓最多（-104,761,241 股）。 Q1 季内 VWAP $414.85 对比 Q1 末隐含价 $370.17，机构本季买入价高于末价。

AMZN：本期 Top25 总持仓 590.54B，环比 -11.60%。 0 家新建仓、13 家加仓；7 家减仓、2 家清仓。 Capital Research Global Investors 净加仓最多（+28,398,233 股）； NORGES BANK 净减仓最多（-142,399,855 股）。 Q1 季内 VWAP $217.80 对比 Q1 末隐含价 $208.27，机构本季买入价接近末价。

META：本期 Top25 总持仓 419.02B，环比 -16.45%。 0 家新建仓、9 家加仓；11 家减仓、1 家清仓。 Capital Research Global Investors 净加仓最多（+13,036,261 股）； NORGES BANK 净减仓最多（-33,559,173 股）。 Q1 季内 VWAP $640.24 对比 Q1 末隐含价 $572.13，机构本季买入价高于末价。

TSLA：本期 Top25 总持仓 253.63B，环比 -21.35%。 0 家新建仓、11 家加仓；8 家减仓、1 家清仓。 MORGAN STANLEY 净加仓最多（+3,394,385 股）； NORGES BANK 净减仓最多（-38,086,143 股）。 Q1 季内 VWAP $412.23 对比 Q1 末隐含价 $371.75，机构本季买入价高于末价。

机构维详表

BlackRock, Inc. 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	1,943,812,884	1,925,533,174	REDUCE	-	335.81B
AAPL	1,154,665,731	1,144,695,425	REDUCE	-	290.51B
GOOGL+GOOG	803,236,300	811,739,294	ADD	$314.23	233.17B
MSFT	601,897,495	593,328,571	REDUCE	-	219.63B
AMZN	734,375,864	735,564,992	ADD	$217.80	153.20B
META	171,505,090	168,843,283	REDUCE	-	96.60B
TSLA	209,563,808	208,095,009	REDUCE	-	77.36B

STATE STREET CORP 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	991,480,489	993,885,601	ADD	$183.52	173.34B
AAPL	604,056,505	602,341,409	REDUCE	-	152.87B
GOOGL+GOOG	415,399,818	411,973,884	REDUCE	-	118.34B
MSFT	306,150,608	306,708,289	ADD	$414.85	113.53B
AMZN	388,653,121	390,450,321	ADD	$217.80	81.32B
META	90,841,345	88,523,840	REDUCE	-	50.65B
TSLA	114,842,934	114,695,458	REDUCE	-	42.64B

FMR LLC (Fidelity) 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	971,063,283	993,852,968	ADD	$183.52	173.33B
GOOGL+GOOG	340,665,900	345,104,715	ADD	$314.33	99.16B
AAPL	307,397,264	307,442,040	ADD	$260.49	78.03B
AMZN	331,470,804	358,698,691	ADD	$217.80	74.71B
MSFT	200,948,745	190,211,367	REDUCE	-	70.41B
META	122,341,612	116,614,753	REDUCE	-	66.72B
TSLA	39,484,462	36,027,976	REDUCE	-	13.39B

GEODE CAPITAL MANAGEMENT, LLC 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	588,803,093	601,327,167	ADD	$183.52	104.56B
AAPL	358,032,517	368,616,954	ADD	$260.49	93.30B
GOOGL+GOOG	254,311,073	263,546,584	ADD	$314.24	75.44B
MSFT	182,618,400	188,501,918	ADD	$414.85	69.60B
AMZN	225,120,994	233,228,057	ADD	$217.80	48.42B
META	52,806,712	54,165,192	ADD	$640.24	30.88B
TSLA	65,700,975	68,003,110	ADD	$412.23	25.18B

JPMORGAN CHASE & CO 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	456,141,138	447,798,884	REDUCE	-	73.96B
AAPL	225,419,111	231,622,141	ADD	$260.49	57.12B
GOOGL+GOOG	165,257,634	190,736,867	ADD	$314.15	52.12B
MSFT	147,759,850	127,128,999	REDUCE	-	45.63B
AMZN	160,046,290	168,937,577	ADD	$217.80	33.95B
META	43,855,509	50,180,811	ADD	$640.24	26.92B
TSLA	44,591,616	46,075,161	ADD	$412.23	16.37B

MORGAN STANLEY 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
AAPL	230,483,035	244,474,722	ADD	$260.49	62.05B
NVDA	323,733,984	342,954,346	ADD	$183.52	59.81B
GOOGL+GOOG	193,635,785	192,623,163	REDUCE	-	55.34B
MSFT	121,220,561	124,881,288	ADD	$414.85	46.23B
AMZN	161,580,340	173,925,856	ADD	$217.80	36.22B
META	37,553,102	38,078,962	ADD	$640.24	21.79B
TSLA	35,783,015	39,177,400	ADD	$412.23	14.56B

NORTHERN TRUST CORP 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	253,789,803	252,741,836	REDUCE	-	44.08B
AAPL	160,670,451	159,265,625	REDUCE	-	40.42B
GOOGL+GOOG	117,525,518	117,336,754	REDUCE	-	33.70B
MSFT	79,779,930	79,696,955	REDUCE	-	29.50B
AMZN	94,745,484	95,126,682	ADD	$217.80	19.81B
META	22,133,256	21,979,768	REDUCE	-	12.58B
TSLA	25,804,654	25,659,609	REDUCE	-	9.54B

Capital Research Global Investors 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
MSFT	73,324,435	96,093,061	ADD	$414.85	35.57B
NVDA	171,562,742	193,037,700	ADD	$183.52	33.66B
GOOGL+GOOG	80,171,812	97,852,097	ADD	$314.17	28.11B
AMZN	90,036,034	118,434,267	ADD	$217.80	24.66B
META	17,873,714	30,909,975	ADD	$640.24	17.68B
AAPL	55,474,240	64,035,728	ADD	$260.49	16.25B
TSLA	8,206,635	8,624,813	ADD	$412.23	3.21B

GOLDMAN SACHS GROUP INC 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	166,786,717	180,908,765	ADD	$183.52	31.55B
AAPL	99,164,706	106,585,393	ADD	$260.49	27.05B
GOOGL+GOOG	75,908,180	89,740,820	ADD	$314.19	25.78B
MSFT	51,400,668	61,217,966	ADD	$414.85	22.66B
AMZN	64,210,840	67,695,611	ADD	$217.80	14.10B
TSLA	27,419,658	29,398,294	ADD	$412.23	10.93B
META	15,466,876	18,712,930	ADD	$640.24	10.71B

Capital World Investors 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
GOOGL+GOOG	82,728,595	110,106,840	ADD	$314.19	31.63B
META	39,558,637	41,055,422	ADD	$640.24	23.49B
MSFT	64,466,167	61,734,339	REDUCE	-	22.85B
NVDA	130,813,208	130,266,430	REDUCE	-	22.72B
TSLA	42,484,452	42,904,073	ADD	$412.23	15.95B
AMZN	33,767,355	50,418,935	ADD	$217.80	10.50B
AAPL	27,487,370	27,140,333	REDUCE	-	6.89B

CHARLES SCHWAB INVESTMENT MANAGEMENT INC 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	155,997,363	160,788,892	ADD	$183.52	28.04B
AAPL	99,788,496	102,344,793	ADD	$260.49	25.97B
GOOGL+GOOG	71,274,165	73,341,134	ADD	$314.21	21.07B
MSFT	50,931,576	52,519,324	ADD	$414.85	19.44B
AMZN	64,023,640	66,597,967	ADD	$217.80	13.87B
META	15,559,200	15,403,780	REDUCE	-	8.81B
TSLA	19,730,256	19,943,635	ADD	$412.23	7.41B

Bank of New York Mellon Corp 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	157,884,031	153,763,594	REDUCE	-	26.82B
AAPL	97,837,182	92,111,869	REDUCE	-	23.38B
GOOGL+GOOG	71,151,742	68,868,011	REDUCE	-	19.78B
MSFT	54,438,235	51,657,016	REDUCE	-	19.12B
AMZN	68,467,159	66,930,843	REDUCE	-	13.94B
META	14,874,837	14,153,836	REDUCE	-	8.10B
TSLA	15,031,161	14,830,253	REDUCE	-	5.51B

WELLINGTON MANAGEMENT GROUP LLP 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	140,706,711	133,855,881	REDUCE	-	23.34B
MSFT	48,909,443	52,742,167	ADD	$414.85	19.52B
GOOGL+GOOG	72,545,487	61,397,652	REDUCE	-	17.65B
AAPL	77,305,231	65,033,441	REDUCE	-	16.50B
AMZN	66,223,281	62,403,604	REDUCE	-	13.00B
META	8,774,609	11,689,775	ADD	$640.24	6.69B
TSLA	10,268,577	9,150,977	REDUCE	-	3.40B

Capital International Investors 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
GOOGL+GOOG	119,418,927	71,289,138	REDUCE	-	20.46B
MSFT	81,585,381	54,837,522	REDUCE	-	20.29B
NVDA	103,774,772	97,683,264	REDUCE	-	17.03B
META	25,713,823	17,780,799	REDUCE	-	10.17B
AAPL	71,822,415	36,296,549	REDUCE	-	9.21B
AMZN	69,579,830	43,934,071	REDUCE	-	9.15B
TSLA	625,663	632,026	ADD	$412.23	235.0M

ALLIANCEBERNSTEIN L.P. 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	101,114,538	98,528,485	REDUCE	-	18.38B
MSFT	36,082,677	31,797,302	REDUCE	-	15.38B
GOOGL+GOOG	49,384,222	48,971,717	REDUCE	-	15.36B
AMZN	53,928,034	52,639,574	REDUCE	-	12.15B
AAPL	40,682,653	42,677,473	ADD	$260.49	11.60B
META	12,847,637	12,678,273	REDUCE	-	8.37B
TSLA	3,132,645	3,243,437	ADD	$412.23	1.46B

ROYAL BANK OF CANADA 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
AAPL	70,248,069	66,964,149	REDUCE	-	16.99B
GOOGL+GOOG	63,178,572	57,722,693	REDUCE	-	16.58B
NVDA	102,417,256	93,002,851	REDUCE	-	16.22B
MSFT	37,457,336	37,062,879	REDUCE	-	13.72B
AMZN	49,589,446	46,526,917	REDUCE	-	9.69B
META	10,509,835	8,839,041	REDUCE	-	5.06B
TSLA	7,524,614	6,649,710	REDUCE	-	2.47B

BERKSHIRE HATHAWAY INC 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
AAPL	227,917,808	227,917,808	HOLD	-	57.84B
GOOGL+GOOG	17,846,142	57,835,013	ADD	$314.31	16.63B
AMZN	2,276,000	0	EXIT	-	0.00M

DIMENSIONAL FUND ADVISORS LP 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	93,966,032	94,521,253	ADD	$183.52	16.48B
AAPL	57,574,200	58,554,032	ADD	$260.49	14.86B
MSFT	26,538,935	29,323,744	ADD	$414.85	10.85B
GOOGL+GOOG	33,979,529	32,988,339	REDUCE	-	9.47B
AMZN	31,724,424	39,029,984	ADD	$217.80	8.13B
META	10,024,864	10,429,812	ADD	$640.24	5.96B
TSLA	4,874,710	5,145,660	ADD	$412.23	1.91B

UBS Group AG 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	77,489,454	83,172,224	ADD	$183.52	14.51B
AAPL	44,547,157	50,015,661	ADD	$260.49	12.69B
GOOGL+GOOG	42,029,712	42,681,758	ADD	$314.33	12.26B
MSFT	28,044,188	33,034,656	ADD	$414.85	12.23B
AMZN	34,606,077	34,407,951	REDUCE	-	7.17B
META	9,281,783	9,241,734	REDUCE	-	5.29B
TSLA	4,019,633	5,472,264	ADD	$412.23	2.03B

MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	67,153,414	65,275,558	REDUCE	-	11.56B
MSFT	27,071,322	25,473,981	REDUCE	-	10.67B
AAPL	26,896,166	30,317,142	ADD	$260.49	7.85B
GOOGL+GOOG	25,642,853	23,857,592	REDUCE	-	7.08B
AMZN	28,384,589	25,952,500	REDUCE	-	6.57B
META	4,823,902	4,407,235	REDUCE	-	2.57B
TSLA	212,000	186,065	REDUCE	-	69.7M

T. Rowe Price Investment Management, Inc. 被动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
AMZN	17,746,116	24,946,740	ADD	$217.80	5.2M
MSFT	10,783,696	12,744,856	ADD	$414.85	4.7M
AAPL	16,466,197	15,668,672	REDUCE	-	4.0M
META	2,912,930	6,865,372	ADD	$640.24	3.9M
NVDA	26,765,538	19,437,830	REDUCE	-	3.4M
GOOGL+GOOG	13,758,670	8,855,571	REDUCE	-	2.5M

NORGES BANK 主动

Ticker	Q4 shares	Q1 shares	动作	加仓 VWAP	Q1 末市值
NVDA	333,748,700	0	EXIT	-	0.00M
AAPL	192,255,086	0	EXIT	-	0.00M
AMZN	142,399,855	0	EXIT	-	0.00M
GOOGL+GOOG	155,213,342	0	EXIT	-	0.00M
MSFT	104,761,241	0	EXIT	-	0.00M
META	33,559,173	0	EXIT	-	0.00M
TSLA	38,086,143	0	EXIT	-	0.00M