13F 申报指南13F 概念全攻略
什么是 SEC Form 13F 申报？美股机构大户持股全攻略
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
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CIK: 0001345576
申报总市值
US$94.5亿
US$94.5亿
567 檔
12.8%
在 Q4 2025 申报期间，Advisors Capital Management, LLC（CIK: 0001345576）向美国 SEC 提交的 Form 13F 报告显示，其追踪之股票投资组合总市值达 US$94.5亿，共持有 567 个公开申报仓位。
在 Q4 2025，Advisors Capital Management, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 3 个新仓位，并对 30 个既有持股进行加仓（合计增持 33 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Advisors Capital Management, LLC 的前 5 大核心持股（包含 MSFT, AAPL, AVGO 等）合计占整体申报市值的 12.8%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 567 只）
| # | 代码 | 标的名称 | 资产子类别 | 占比 | 占比变动 | 持仓量变化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | 股票-科技 | 3.47% | -0.22% | +2.73% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.20% | +0.22% | +3.23% | |
| 3 | AVGO | Broadcom Inc | 股票-科技 | 3.18% | +0.30% | -6.84% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 2.61% | +0.22% | -1.83% | |
| 5 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.74% | +0.18% | -8.83% | |
| 6 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.70% | -0.17% | +3.28% | |
| 7 | C | Citigroup Inc | 股票-金融 | 1.65% | -0.27% | -0.06% | |
| 8 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.63% | +0.04% | +1.03% | |
| 9 | BX | Blackstone Inc | 股票-金融 | 1.52% | -0.07% | +3.15% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.50% | +0.19% | -2.25% | |
| 11 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 1.47% | +0.13% | +6.34% | |
| 12 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.45% | +0.08% | +3.75% | |
| 13 | CSCO | Cisco Systems Inc | 股票-科技 | 1.43% | +0.48% | +2.78% | |
| 14 | PM | Philip Morris International | 股票-非周期性消费 | 1.38% | -0.18% | +4.48% | |
| 15 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.28% | -0.07% | +1.75% | |
| 16 | IBM | Intl Business Machines CORP | 股票-科技 | 1.25% | +0.13% | +3.41% | |
| 17 | CVX | Chevron CORP | 股票-能源 | 1.09% | -0.54% | +1.73% | |
| 18 | VUG | Vanguard Growth ETF | ETF-其他 | 1.08% | +0.16% | +10.98% | |
| 19 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.06% | -0.20% | +2.60% | |
| 20 | TJX | Tjx Companies Inc | 股票-周期性消费 | 1.02% | -0.13% | +4.11% | |
| 21 | BA 6 10-15-27债券 | Boeing Co/the | 债券 | 0.97% | -0.02% | +5.10% | |
| 22 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.96% | -0.15% | +4.27% | |
| 23 | QCOM | Qualcomm Inc | 股票-科技 | 0.90% | -0.03% | +1.75% | |
| 24 | SPHY | Ss Spdr P High Yield ETF | ETF-非投资级债 | 0.89% | -0.03% | +5.32% | |
| 25 | RTX | Rtx CORP | 股票-工业 | 0.88% | -0.10% | +2.26% | |
| 26 | ARCC | Ares Capital CORP | 股票-金融 | 0.85% | -0.16% | +13.48% | |
| 27 | ACN | Accenture plc | 股票-科技 | 0.85% | -0.05% | -4.09% | |
| 28 | TT | Trane Technologies plc | 股票-工业 | 0.81% | +0.06% | +2.49% | |
| 29 | BEPC | Brookfield Renewable CORP | 股票-公用事业 | 0.80% | -0.12% | -1.37% | |
| 30 | VTV | Vanguard Value ETF | ETF-其他 | 0.79% | +0.03% | +5.37% | |
| 31 | DUK | Duke Energy CORP | 股票-公用事业 | 0.79% | -0.10% | +5.52% | |
| 32 | STWD | Starwood Property Trust Inc | 股票-房地产 | 0.78% | -0.06% | +157.31% | |
| 33 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.77% | +0.65% | +2.66% | |
| 34 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.77% | +0.20% | -7.87% | |
| 35 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.76% | -0.15% | +5.58% | |
| 36 | HON | Honeywell International Inc | 股票-工业 | 0.75% | -0.93% | EXIT | |
| 37 | PFE | Pfizer Inc | 股票-医疗保健 | 0.74% | -0.17% | +4.19% | |
| 38 | WPC | Wp Carey Inc | 股票-房地产 | 0.73% | -0.03% | +5.67% | |
| 39 | OKE | Oneok Inc | 股票-能源 | 0.68% | -0.09% | +3.02% | |
| 40 | WFC | Wells Fargo & Co | 股票-金融 | 0.67% | -0.01% | +2.60% | |
| 41 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.66% | -0.04% | +6.72% | |
| 42 | TXN | Texas Instruments Inc | 股票-科技 | 0.66% | +0.29% | -2.34% | |
| 43 | ORCL | Oracle CORP | 股票-科技 | 0.64% | +0.38% | -0.20% | |
| 44 | DGX | Quest Diagnostics Inc | 股票-医疗保健 | 0.64% | -0.01% | +5.44% | |
| 45 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 0.64% | -0.07% | +6.12% | |
| 46 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.63% | -0.20% | +55.10% | |
| 47 | OUT | Outfront Media Inc | 股票-其他 | 0.62% | +0.08% | +0.02% | |
| 48 | SPTM | Ss Spdr P S&p 1500 Comp ETF | ETF-其他 | 0.61% | +0.05% | +5.20% | |
| 49 | BMY | Bristol-myers Squibb Co | 股票-医疗保健 | 0.59% | -0.08% | +2.30% | |
| 50 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.59% | +0.10% | -7.24% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | STWD | Starwood Property Trust Inc | +0.4% | +157.31% | 加仓 |
| 2 | PG | Procter & Gamble Co/the | +0.4% | +1211.59% | 加仓 |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.4% | +224.54% | 加仓 |
| 4 | DIVB | Ishares Core Dividend ETF | +0.4% | +536.88% | 加仓 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.3% | -2.25% | 减仓 |
| 6 | SBUX | Starbucks CORP | +0.2% | +1607.18% | 加仓 |
| 7 | GOOG | Alphabet Inc-cl C | +0.2% | -8.83% | 减仓 |
| 8 | VZ | Verizon Communications Inc | +0.2% | +55.10% | 加仓 |
| 9 | HSY | Hershey Co/the | +0.2% | +1574.13% | 加仓 |
| 10 | AAPL | Apple Inc | +0.1% | +3.23% | 加仓 |
| 11 | C | Citigroup Inc | +0.1% | -0.06% | 减仓 |
| 12 | CSCO | Cisco Systems Inc | +0.1% | +2.78% | 加仓 |
| 13 | OUT | Outfront Media Inc | +0.1% | +0.02% | 加仓 |
| 14 | JNJ | Johnson & Johnson | +0.1% | +1.75% | 加仓 |
| 15 | BMY | Bristol-myers Squibb Co | +0.1% | +2.30% | 加仓 |
| 16 | VUG | Vanguard Growth ETF | +0.1% | +10.98% | 加仓 |
| 17 | ARCC | Ares Capital CORP | +0.1% | +13.48% | 加仓 |
| 18 | CAT | Caterpillar Inc | +0.1% | -0.27% | 减仓 |
| 19 | TD | Toronto-dominion Bank | +0.1% | +2.72% | 加仓 |
| 20 | KVUE | Kenvue Inc | +0.1% | +17.82% | 加仓 |
| 21 | DLN | Wisdomtree US Largecap Divid | +0.1% | +250.97% | 加仓 |
| 22 | AMZN | Amazon.com Inc | +0.1% | +3.75% | 加仓 |
| 23 | IVV | Ishares Core S&p 500 ETF | +0.1% | +6.34% | 加仓 |
| 24 | TJX | Tjx Companies Inc | +0.1% | +4.11% | 加仓 |
| 25 | RTX | Rtx CORP | +0.1% | +2.26% | 加仓 |
| 26 | WFC | Wells Fargo & Co | +0.1% | +2.60% | 加仓 |
| 27 | TGT | Target CORP | +0.1% | +14.02% | 加仓 |
| 28 | IBM | Intl Business Machines CORP | 0% | +3.41% | 加仓 |
| 29 | KO | Coca-cola Co/the | 0% | +6.72% | 加仓 |
| 30 | BEPC | Brookfield Renewable CORP | 0% | -1.37% | 减仓 |
| 31 | PAGP | Plains Gp Holdings Lp-cl A | 0% | +6.12% | 加仓 |
| 32 | META | Meta Platforms Inc-class A | 0% | +27.34% | 加仓 |
| 33 | VLTO | Veralto CORP | -0.1% | -92.11% | 减仓 |
| 34 | SJM | Jm Smucker Co/the | -0.1% | -9.20% | 减仓 |
| 35 | HON | Honeywell International Inc | -0.1% | -0.41% | 减仓 |
| 36 | ZTS | Zoetis Inc | -0.1% | -37.81% | 减仓 |
| 37 | HD | Home Depot Inc | -0.1% | +0.21% | 加仓 |
| 38 | POOL | Pool CORP | -0.2% | -49.94% | 减仓 |
| 39 | BX | Blackstone Inc | -0.2% | +3.15% | 加仓 |
| 40 | CL | Colgate-palmolive Co | -0.2% | -93.01% | 减仓 |
| 41 | AVGO | Broadcom Inc | -0.2% | -6.84% | 减仓 |
| 42 | TMO | Thermo Fisher Scientific Inc | -0.3% | -44.50% | 减仓 |
| 43 | ORCL | Oracle CORP | -0.3% | -0.20% | 减仓 |
| 44 | MSFT | Microsoft CORP | -0.3% | +2.73% | 加仓 |
| 45 | SGOV | Ishares 0-3 Month Treasury B | -0.5% | -52.14% | 减仓 |
| 46 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建仓 |
| 47 | UL | Unilever PLC | — | EXIT | 清仓 |
| 48 | EBAY | Ebay Inc | — | NEW | 新建仓 |
| 49 | GSBD | Goldman Sachs Bdc Inc | — | EXIT | 清仓 |
| 50 | FHLC | Fidelity Msci Health Care | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Advisors Capital Management, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$94.5亿，共申报了 567 个公开持股仓位。
在 Q4 2025 季度，Advisors Capital Management, LLC 按市值排列的前三大核心持股分别为：MSFT (3.5%)、AAPL (3.2%)、AVGO (3.2%)。其中最大持股仓位 MSFT 占据整体投资组合约 3.5% 的权重。
精选 AlphaSMO 大户持股与内部人交易深度分析，提升投资决策胜率
完整解读 Form 13F 申报规范、1 亿美元门槛与 45 天延迟申报机制，学会如何追踪顶级对冲基金与机构法人持仓动向。
本季最大新建仓标的
UL
市值: US$4018.8万
本季最大获利了结 / 清仓标的
UL
前期市值: US$3945.1万
在 Q4 2025 季度中，Advisors Capital Management, LLC 共进行了 50 项持仓异动，包含新建仓 3 个仓位、加仓 30 个仓位、减仓 15 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 UL。 本季清仓仓位包含 UL。
本页面所有持股数据均直接同步自美国证券交易委员会（SEC）EDGAR 官方系统之 13F-HR / 13F-HR/A 季度申报文件。AlphaSMO 通过机器解析 CUSIP 与个股对照，提供 100% 精准对齐的历史时序数据集，并支持 Schema.org 结构化数据格式。
解析公司高管、董事与 10% 大股东之 Form 4 内部人交易申报，掌握高管自家股票买卖第一手信号。
深入剖析 5% 股权申报门槛、13D 与 13G 之差异，以及最新 SEC 申报时程规范，洞察机构法人的激进投资动向。