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: 0001730818
申报总市值
US$2.3亿
US$2.3亿
41 檔
27.8%
在 Q3 2025 申报期间，Baugh & Associates, LLC（CIK: 0001730818）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$2.3亿，共持有 41 个公开申报仓位。
在 Q3 2025，Baugh & Associates, LLC 展现出较为审慎的避险与获利了结姿态。本季共减仓 28 个仓位并完全清仓 2 档持股，调降曝光的仓位数量高于加仓动作。
在资产配置集中度方面，Baugh & Associates, LLC 的前 5 大核心持股（包含 MSFT, AAPL, JPM 等）合计占整体申报市值的 27.8%，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 | MSFT | Microsoft CORP | 股票-科技 | 9.66% | -0.32% | -2.62% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 7.48% | +0.36% | -2.80% | |
| 3 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.73% | +0.27% | -3.24% | |
| 4 | HD | Home Depot Inc | 股票-周期性消费 | 4.69% | +0.07% | -2.42% | |
| 5 | MS | Morgan Stanley | 股票-金融 | 4.61% | +0.31% | -3.31% | |
| 6 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 4.48% | -0.49% | -2.32% | |
| 7 | WMT | Walmart Inc | 股票-非周期性消费 | 4.45% | -0.64% | -2.21% | |
| 8 | ABBV | Abbvie Inc | 股票-医疗保健 | 4.43% | +0.38% | -2.30% | |
| 9 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 4.04% | -0.50% | -2.53% | |
| 10 | BAC | Bank Of America CORP | 股票-金融 | 3.21% | +0.19% | -3.00% | |
| 11 | ABT | Abbott Laboratories | 股票-医疗保健 | 3.19% | -0.57% | -1.61% | |
| 12 | INTC | Intel CORP | 股票-科技 | 3.12% | +4.02% | -2.59% | |
| 13 | NEE | Nextera Energy Inc | 股票-公用事业 | 3.01% | -0.63% | -2.67% | |
| 14 | MO | Altria Group Inc | 股票-非周期性消费 | 2.91% | +0.03% | -2.21% | |
| 15 | TFC | Truist Financial CORP | 股票-金融 | 2.64% | +0.04% | -2.34% | |
| 16 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.51% | -0.08% | -2.50% | |
| 17 | SO | Southern Co/the | 股票-公用事业 | 2.50% | -0.15% | -2.14% | |
| 18 | XOM | Exxon Mobil CORP | 股票-能源 | 2.46% | -0.64% | +29.94% | |
| 19 | COP | Conocophillips | 股票-能源 | 2.44% | -0.68% | +20.62% | |
| 20 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 2.40% | -0.14% | -1.90% | |
| 21 | VZ | Verizon Communications Inc | 股票-通信服务 | 2.38% | -0.50% | -2.50% | |
| 22 | CVX | Chevron CORP | 股票-能源 | 2.38% | -0.60% | -2.20% | |
| 23 | QCOM | Qualcomm Inc | 股票-科技 | 2.30% | +0.71% | -2.03% | |
| 24 | ARCC | Ares Capital CORP | 股票-金融 | 2.20% | -0.17% | -2.14% | |
| 25 | PFE | Pfizer Inc | 股票-医疗保健 | 2.09% | -0.51% | -3.69% | |
| 26 | O | Realty Income CORP | 股票-房地产 | 2.00% | -0.08% | -2.27% | |
| 27 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.77% | -0.32% | -2.36% | |
| 28 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.40% | +0.17% | -4.28% | |
| 29 | ASML | ASML Holding N.V. | 股票-科技 | 1.36% | +0.71% | -0.29% | |
| 30 | ET | Energy Transfer LP | 股票-能源 | 1.24% | -0.09% | +40.68% | |
| 31 | SVC | Service Properties Trust | 股票-其他 | 0.30% | +0.02% | -3.55% | |
| 32 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.24% | +0.05% | -0.12% | |
| 33 | IBM | Intl Business Machines CORP | 股票-科技 | 0.21% | +0.03% | — | |
| 34 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.21% | +0.01% | — | |
| 35 | PGR | Progressive CORP | 股票-金融 | 0.19% | +0.02% | — | |
| 36 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.15% | +0.01% | -1.29% | |
| 37 | SDY | Ss Spdr S&p Dividend ETF | ETF-其他 | 0.14% | +0.01% | — | |
| 38 | NVDA | Nvidia CORP | 股票-科技 | 0.14% | -0.16% | -3.81% | |
| 39 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.12% | — | — | |
| 40 | CAT | Caterpillar Inc | 股票-工业 | 0.12% | +0.09% | — | |
| 41 | QTEC | First Trust Nasdq 100 Tech I | ETF-科技型 | 0.11% | +0.04% | -0.20% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.5% | -2.62% | 减仓 |
| 2 | INTC | Intel CORP | +0.7% | -2.59% | 减仓 |
| 3 | MS | Morgan Stanley | +0.7% | -3.31% | 减仓 |
| 4 | JPM | Jpmorgan Chase & Co | +0.5% | -3.24% | 减仓 |
| 5 | ASML | ASML Holding N.V. | +0.4% | -0.29% | 减仓 |
| 6 | XOM | Exxon Mobil CORP | +0.3% | +29.94% | 加仓 |
| 7 | BAC | Bank Of America CORP | +0.2% | -3.00% | 减仓 |
| 8 | ET | Energy Transfer LP | +0.2% | +40.68% | 加仓 |
| 9 | WMT | Walmart Inc | +0.1% | -2.21% | 减仓 |
| 10 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | -0.12% | 加仓 |
| 11 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | — | 加仓 |
| 12 | IBM | Intl Business Machines CORP | 0% | — | 不变 |
| 13 | IWF | Ishares Russell 1000 Growth | 0% | — | 减仓 |
| 14 | KO | Coca-cola Co/the | 0% | -1.29% | 减仓 |
| 15 | SDY | Ss Spdr S&p Dividend ETF | 0% | — | 减仓 |
| 16 | SVC | Service Properties Trust | 0% | -3.55% | 减仓 |
| 17 | PGR | Progressive CORP | 0% | — | 不变 |
| 18 | TFC | Truist Financial CORP | -0.1% | -2.34% | 减仓 |
| 19 | JNJ | Johnson & Johnson | -0.1% | -2.50% | 减仓 |
| 20 | AAPL | Apple Inc | -0.1% | -2.80% | 减仓 |
| 21 | COP | Conocophillips | -0.1% | +20.62% | 加仓 |
| 22 | MO | Altria Group Inc | -0.1% | -2.21% | 减仓 |
| 23 | QCOM | Qualcomm Inc | -0.1% | -2.03% | 减仓 |
| 24 | ABBV | Abbvie Inc | -0.2% | -2.30% | 减仓 |
| 25 | HD | Home Depot Inc | -0.2% | -2.42% | 减仓 |
| 26 | O | Realty Income CORP | -0.2% | -2.27% | 减仓 |
| 27 | MRK | Merck & Co. Inc. | -0.2% | -1.90% | 加仓 |
| 28 | NEE | Nextera Energy Inc | -0.2% | -2.67% | 减仓 |
| 29 | SO | Southern Co/the | -0.3% | -2.14% | 减仓 |
| 30 | LOW | Lowe's Cos Inc | -0.3% | -2.53% | 减仓 |
| 31 | PFE | Pfizer Inc | -0.3% | -3.69% | 减仓 |
| 32 | ARCC | Ares Capital CORP | -0.3% | -2.14% | 加仓 |
| 33 | PEP | Pepsico Inc | -0.4% | -2.36% | 减仓 |
| 34 | VZ | Verizon Communications Inc | -0.4% | -2.50% | 减仓 |
| 35 | ABT | Abbott Laboratories | -0.4% | -1.61% | 减仓 |
| 36 | CVX | Chevron CORP | -0.5% | -2.20% | 减仓 |
| 37 | COST | Costco Wholesale CORP | -0.8% | -2.32% | 减仓 |
| 38 | GOOG | Alphabet Inc-cl C | — | NEW | 新建仓 |
| 39 | EMR | Emerson Electric Co | — | EXIT | 清仓 |
| 40 | NVDA | Nvidia CORP | — | NEW | 新建仓 |
| 41 | CAT | Caterpillar Inc | — | NEW | 新建仓 |
| 42 | QTEC | First Trust Nasdq 100 Tech I | — | NEW | 新建仓 |
| 43 | TMUS | T-mobile US Inc | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Baugh & Associates, LLC 在 Q3 2025 季度的美股持仓总市值约为 US$2.3亿，共申报了 41 个公开持股仓位。
在 Q3 2025 季度，Baugh & Associates, LLC 按市值排列的前三大核心持股分别为：MSFT (9.7%)、AAPL (7.5%)、JPM (4.7%)。其中最大持股仓位 MSFT 占据整体投资组合约 9.7% 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
GOOG
市值: US$281.4万
本季最大获利了结 / 清仓标的
EMR
前期市值: US$243.1万
在 Q3 2025 季度中，Baugh & Associates, LLC 共进行了 41 项持仓异动，包含新建仓 4 个仓位、加仓 7 个仓位、减仓 28 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 GOOG。 本季清仓仓位包含 EMR。
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。