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。
AlphaSMO 权威研究指南阅读专题
CIK: 0000902584
申报总市值
US$10.0亿
US$10.0亿
149 檔
14.4%
根据最新整理的 13F 季度数据集，Advisory Research Inc 于 Q3 2025 结束时的管理资产规模为 US$10.0亿。该机构在本季度申报了 149 档美股持仓，呈现出该时期的主要投资地图。
Advisory Research Inc 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 19 个全新仓位及加仓 69 档持股的同时，亦同步清仓 18 档并减仓 52 档标的。
在资产配置集中度方面，Advisory Research Inc 的前 5 大核心持股（包含 TSM, OPLN, TRS 等）合计占整体申报市值的 14.4%，反映机构在主要关键仓位上的权重分布。
| # | 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 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 3.85% | +0.62% | +8.66% | |
| 2 | OPLN | Openlane Inc | 股票-其他 | 3.85% | +1.72% | +21.26% | |
| 3 | TRS | Trimas CORP | 股票-其他 | 3.81% | +0.49% | -28.30% | |
| 4 | PM | Philip Morris International | 股票-非周期性消费 | 3.73% | -0.23% | +19.25% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.71% | +0.05% | +0.80% | |
| 6 | BELFB | Bel Fuse Inc-cl B | 股票-其他 | 3.58% | +1.02% | -50.48% | |
| 7 | DJCO | Daily Journal CORP | 股票-其他 | 3.51% | +0.01% | +51.87% | |
| 8 | PRSU | Pursuit Attractions And Hosp | 股票-其他 | 3.45% | +0.67% | +15.95% | |
| 9 | TPR | Tapestry Inc | 股票-周期性消费 | 3.39% | -0.29% | +30.08% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.93% | +0.08% | +47.26% | |
| 11 | MSFT | Microsoft CORP | 股票-科技 | 2.84% | -0.31% | +28.74% | |
| 12 | MTG | Mgic Investment CORP | 股票-金融 | 2.79% | -0.26% | +16.34% | |
| 13 | JBTM | Jbt Marel CORP | 股票-工业 | 2.44% | +0.54% | -1.34% | |
| 14 | LEGH | Legacy Housing CORP | 股票-其他 | 2.38% | +0.09% | -0.02% | |
| 15 | CME | Cme Group Inc | 股票-金融 | 2.17% | -0.87% | +19.25% | |
| 16 | ABBV | Abbvie Inc | 股票-医疗保健 | 2.13% | -0.04% | +16.43% | |
| 17 | PHIN | Phinia Inc | 股票-周期性消费 | 2.07% | -0.31% | EXIT | |
| 18 | AEP | American Electric Power | 股票-公用事业 | 1.97% | -0.27% | +17.53% | |
| 19 | PFGC | Performance Food Group Co | 股票-非周期性消费 | 1.93% | +0.02% | -2.13% | |
| 20 | GSK | Gsk Plc-spon Adr | 股票-医疗保健 | 1.80% | -0.26% | +31.75% | |
| 21 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.62% | -0.22% | +105.28% | |
| 22 | MYE | Myers Industries Inc | 股票-其他 | 1.57% | +2.57% | +476.42% | |
| 23 | DRVN | Driven Brands Holdings Inc | 股票-其他 | 1.41% | — | — | |
| 24 | KB | Kb Financial Group Inc-adr | 股票-金融 | 1.31% | -0.18% | +23.27% | |
| 25 | HUBB | Hubbell Inc | 股票-工业 | 1.29% | -0.15% | +15.00% | |
| 26 | KDP | Keurig Dr Pepper Inc | 股票-非周期性消费 | 1.27% | +0.11% | +13.96% | |
| 27 | EEX | Emerald Holding Inc | 股票-其他 | 1.19% | -1.04% | EXIT | |
| 28 | VZ | Verizon Communications Inc | 股票-通信服务 | 1.07% | — | +17.56% | |
| 29 | FERG | Ferguson Enterprises Inc | 股票-工业 | 0.97% | -0.12% | +7.02% | |
| 30 | LAMR | Lamar Advertising Co-a | 股票-房地产 | 0.95% | +0.11% | +14.71% | |
| 31 | HLLY | Holley Inc | 股票-其他 | 0.93% | -0.04% | — | |
| 32 | UL | Unilever PLC | 股票-非周期性消费 | 0.83% | — | +23.57% | |
| 33 | NIC | Nicolet Bankshares Inc | 股票-其他 | 0.74% | -0.08% | -1.19% | |
| 34 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公债 | 0.68% | +0.03% | -35.12% | |
| 35 | SSB | Southstate Bank CORP | 股票-金融 | 0.62% | -0.08% | — | |
| 36 | HMC | Honda Motor Co Ltd-spons Adr | 股票-周期性消费 | 0.59% | — | +15.99% | |
| 37 | VGSH | Vanguard Short-term Treasury | ETF-政府公债 | 0.54% | -0.05% | — | |
| 38 | WAL | Western Alliance Bancorp | 股票-金融 | 0.53% | -0.02% | +4.08% | |
| 39 | HD | Home Depot Inc | 股票-周期性消费 | 0.52% | -0.06% | +1.87% | |
| 40 | SHV | Ishares 0-1 Year Treasury Bo | ETF-政府公债 | 0.52% | -0.09% | -15.07% | |
| 41 | VCIT | Vanguard Int-term Corporate | ETF-投资级公司债 | 0.49% | -0.10% | +0.54% | |
| 42 | LRCX | Lam Research CORP | 股票-科技 | 0.49% | +0.34% | +2.38% | |
| 43 | ORCL | Oracle CORP | 股票-科技 | 0.47% | -0.05% | +5.26% | |
| 44 | DAC | Danaos Corporation | 股票-其他 | 0.46% | -0.08% | +5.19% | |
| 45 | ALKT | Alkami Technology Inc | 股票-其他 | 0.45% | -0.03% | +121.16% | |
| 46 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 0.44% | -0.02% | -9.98% | |
| 47 | BELFA | Bel Fuse Inc-cl A | 股票-其他 | 0.43% | — | — | |
| 48 | EXP | Eagle Materials Inc | 股票-原材料 | 0.43% | -0.02% | -71.51% | |
| 49 | ACA | Arcosa Inc | 股票-工业 | 0.41% | +0.01% | — | |
| 50 | IGIB | Ishares 5-10y Inv Grade CORP | ETF-投资级公司债 | 0.41% | -0.07% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.8% | +47.26% | 加仓 |
| 2 | AVGO | Broadcom Inc | +1.6% | +0.80% | 加仓 |
| 3 | TPR | Tapestry Inc | +1.5% | +30.08% | 加仓 |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +1.4% | +8.66% | 加仓 |
| 5 | OPLN | Openlane Inc | +1.1% | +21.26% | 加仓 |
| 6 | DJCO | Daily Journal CORP | +1.1% | +51.87% | 加仓 |
| 7 | MSFT | Microsoft CORP | +1% | +28.74% | 加仓 |
| 8 | META | Meta Platforms Inc-class A | +0.9% | +105.28% | 加仓 |
| 9 | MTG | Mgic Investment CORP | +0.5% | +16.34% | 加仓 |
| 10 | PRSU | Pursuit Attractions And Hosp | +0.4% | +15.95% | 加仓 |
| 11 | KB | Kb Financial Group Inc-adr | +0.4% | +23.27% | 加仓 |
| 12 | CME | Cme Group Inc | +0.4% | +19.25% | 加仓 |
| 13 | HUBB | Hubbell Inc | +0.3% | +15.00% | 加仓 |
| 14 | ORCL | Oracle CORP | +0.3% | +5.26% | 加仓 |
| 15 | LRCX | Lam Research CORP | +0.3% | +2.38% | 加仓 |
| 16 | GSK | Gsk Plc-spon Adr | +0.3% | +31.75% | 加仓 |
| 17 | ABBV | Abbvie Inc | +0.2% | +16.43% | 加仓 |
| 18 | FERG | Ferguson Enterprises Inc | +0.2% | +7.02% | 加仓 |
| 19 | BELFA | Bel Fuse Inc-cl A | +0.2% | — | 加仓 |
| 20 | EME | Emcor Group Inc | +0.2% | +6.25% | 加仓 |
| 21 | LMT | Lockheed Martin CORP | +0.2% | +50.24% | 加仓 |
| 22 | DAC | Danaos Corporation | +0.1% | +5.19% | 加仓 |
| 23 | NTAP | Netapp Inc | +0.1% | +4.31% | 加仓 |
| 24 | VUSB | Vanguard Ultra Short Bond Et | +0.1% | +113.60% | 加仓 |
| 25 | LAMR | Lamar Advertising Co-a | +0.1% | +14.71% | 加仓 |
| 26 | IGSB | Ishares 1-5y Inv Grade CORP | +0.1% | +106.90% | 加仓 |
| 27 | STLD | Steel Dynamics Inc | +0.1% | +3.16% | 加仓 |
| 28 | PM | Philip Morris International | +0.1% | +19.25% | 加仓 |
| 29 | AEP | American Electric Power | +0.1% | +17.53% | 加仓 |
| 30 | AX | Axos Financial Inc | +0.1% | +3.87% | 加仓 |
| 31 | ACN | Accenture plc | +0.1% | +43.76% | 加仓 |
| 32 | NRG | Nrg Energy Inc | +0.1% | +4.09% | 加仓 |
| 33 | HMC | Honda Motor Co Ltd-spons Adr | +0.1% | +15.99% | 加仓 |
| 34 | VCSH | Vanguard S/t CORP Bond ETF | +0.1% | +48.80% | 加仓 |
| 35 | ARES | Ares Management CORP - A | +0.1% | +4.96% | 加仓 |
| 36 | NVT | nVent Electric plc | +0.1% | +4.29% | 加仓 |
| 37 | 9HI | Hillenbrand Inc | +0.1% | +10.67% | 加仓 |
| 38 | MTDR | Matador Resources Co | 0% | +9.54% | 加仓 |
| 39 | HD | Home Depot Inc | 0% | +1.87% | 加仓 |
| 40 | SUPN | Supernus Pharmaceuticals Inc | 0% | +3.57% | 加仓 |
| 41 | EHC | Encompass Health CORP | 0% | +4.09% | 加仓 |
| 42 | BYD | Boyd Gaming CORP | 0% | +3.81% | 加仓 |
| 43 | EXP | Eagle Materials Inc | — | -71.51% | 加仓 |
| 44 | XBI | Ss Spdr S&p Biotech ETF | — | +3.95% | 加仓 |
| 45 | GENI | Genius Sports Limited | — | +3.67% | 加仓 |
| 46 | PATK | Patrick Industries Inc | — | +3.88% | 加仓 |
| 47 | ADUS | Addus Homecare CORP | — | +3.85% | 加仓 |
| 48 | ATOM | Atomera Inc | — | — | 不变 |
| 49 | MCRI | Monarch Casino & Resort Inc | 0% | — | 减仓 |
| 50 | FUL | H.b. Fuller Co. | 0% | +3.95% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Advisory Research Inc 在 Q3 2025 季度的美股持仓总市值约为 US$10.0亿，共申报了 149 个公开持股仓位。
在 Q3 2025 季度，Advisory Research Inc 按市值排列的前三大核心持股分别为：TSM (3.9%)、OPLN (3.9%)、TRS (3.8%)。其中最大持股仓位 TSM 占据整体投资组合约 3.9% 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
MYE
市值: US$1196.1万
本季最大获利了结 / 清仓标的
SSBUSD
前期市值: US$958.0万
在 Q3 2025 季度中，Advisory Research Inc 共进行了 158 项持仓异动，包含新建仓 19 个仓位、加仓 69 个仓位、减仓 52 个仓位以及清仓 18 个仓位。 其中最大新建仓标的为 MYE。 本季清仓仓位包含 SSBUSD。
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。