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: 0001562230
申报总市值
US$4836.1亿
US$4836.1亿
454 檔
31.8%
Q4 2025 季度申报显示，Capital International Investors 披露的美股组合总市值为 US$4836.1亿，涵盖 454 个不同之权益投资仓位。
Capital International Investors 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 18 个全新仓位及加仓 95 档持股的同时，亦同步清仓 14 档并减仓 73 档标的。
在资产配置集中度方面，Capital International Investors 的前 5 大核心持股（包含 AVGO, MSFT, GOOG 等）合计占整体申报市值的 31.8%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
TTE
市值: US$34.4亿
本季最大获利了结 / 清仓标的
DAY
前期市值: US$13.2亿
仅显示前 200 大持股（共 454 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 | AVGO | Broadcom Inc | 股票-科技 | 7.70% | +0.30% | -3.15% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.19% | -0.61% | +2.76% | |
| 3 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 4.14% | -0.01% | -2.33% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.06% | +0.07% | +28.16% | |
| 5 | NVDA | Nvidia CORP | 股票-科技 | 3.03% | -0.14% | +1.73% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.66% | -0.21% | +5.00% | |
| 7 | PM | Philip Morris International | 股票-非周期性消费 | 2.55% | -0.12% | +13.71% | |
| 8 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.52% | -0.02% | +8.86% | |
| 9 | GE | General Electric | 股票-工业 | 2.02% | +0.14% | -6.56% | |
| 10 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.73% | -0.22% | -4.69% | |
| 11 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.66% | +0.10% | -1.32% | |
| 12 | MA | Mastercard Inc - A | 股票-金融 | 1.61% | -0.08% | +4.41% | |
| 13 | RCL | Royal Caribbean Cruises Ltd. | 股票-周期性消费 | 1.58% | -0.01% | +9.76% | |
| 14 | WELL | Welltower Inc | 股票-房地产 | 1.38% | +0.19% | +1.97% | |
| 15 | TDG | Transdigm Group Inc | 股票-工业 | 1.36% | -0.10% | +0.85% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.34% | -0.01% | -5.36% | |
| 17 | RTX | Rtx CORP | 股票-工业 | 1.28% | -0.21% | -18.92% | |
| 18 | ABT | Abbott Laboratories | 股票-医疗保健 | 1.24% | -0.25% | +2.62% | |
| 19 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.22% | +0.26% | +0.06% | |
| 20 | V | Visa Inc-class A Shares | 股票-金融 | 1.18% | +0.05% | +1.15% | |
| 21 | KLAC | Kla CORP | 股票-科技 | 1.04% | +1.27% | -4.82% | |
| 22 | NOC | Northrop Grumman CORP | 股票-工业 | 1.03% | -0.51% | -2.43% | |
| 23 | MU | Micron Technology Inc | 股票-科技 | 0.99% | +1.77% | -5.63% | |
| 24 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.97% | -0.09% | -0.70% | |
| 25 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.97% | +0.10% | +6.60% | |
| 26 | CRM | Salesforce Inc | 股票-科技 | 0.94% | -0.29% | +13.32% | |
| 27 | AMGN | Amgen Inc | 股票-医疗保健 | 0.93% | -0.47% | -5.25% | |
| 28 | CEG | Constellation Energy | 股票-公用事业 | 0.93% | -0.11% | -35.62% | |
| 29 | TFC | Truist Financial CORP | 股票-金融 | 0.84% | +0.05% | +0.66% | |
| 30 | KKR | Kkr & Co Inc | 股票-金融 | 0.74% | -0.07% | +18.61% | |
| 31 | ACN | Accenture plc | 股票-科技 | 0.73% | -0.15% | +2.00% | |
| 32 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 0.73% | -0.07% | +10.67% | |
| 33 | SRE | Sempra | 股票-公用事业 | 0.72% | -0.15% | -4.24% | |
| 34 | COP | Conocophillips | 股票-能源 | 0.71% | -0.34% | +5.95% | |
| 35 | DHR | Danaher CORP | 股票-医疗保健 | 0.65% | -0.01% | +8.88% | |
| 36 | IR | Ingersoll-rand Inc | 股票-工业 | 0.65% | -0.08% | +4.70% | |
| 37 | ASML | ASML Holding N.V. | 股票-科技 | 0.57% | +0.45% | -13.01% | |
| 38 | MS | Morgan Stanley | 股票-金融 | 0.57% | -0.01% | -24.81% | |
| 39 | B | Barrick Mining CORP | 股票-原材料 | 0.57% | -0.11% | -17.84% | |
| 40 | BTI | British American Tob-sp Adr | 股票-非周期性消费 | 0.57% | -0.04% | +0.52% | |
| 41 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.55% | -0.10% | +0.95% | |
| 42 | MELI | Mercadolibre Inc | 股票-周期性消费 | 0.54% | -0.04% | +7.34% | |
| 43 | TTE | TotalEnergies SE | 股票-其他 | 0.54% | -0.38% | — | |
| 44 | PGR | Progressive CORP | 股票-金融 | 0.53% | -0.06% | +8.88% | |
| 45 | PAYX | Paychex Inc | 股票-科技 | 0.53% | -0.06% | +59.11% | |
| 46 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 0.52% | +0.03% | -1.26% | |
| 47 | LIN | Linde plc | 股票-原材料 | 0.51% | -0.15% | +20.13% | |
| 48 | APH | Amphenol Corp-cl A | 股票-科技 | 0.50% | +0.52% | +31.51% | |
| 49 | APD | Air Products & Chemicals Inc | 股票-原材料 | 0.50% | -0.10% | +44.22% | |
| 50 | MSTR | Strategy Inc | 股票-科技 | 0.49% | -0.29% | +37.30% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc | +0.8% | +28.16% | 加仓 |
| 2 | GOOG | Alphabet Inc-cl C | +0.8% | -2.33% | 减仓 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -1.32% | 减仓 |
| 4 | MU | Micron Technology Inc | +0.4% | -5.63% | 减仓 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.3% | -4.69% | 减仓 |
| 6 | AMZN | Amazon.com Inc | +0.3% | +8.86% | 加仓 |
| 7 | PM | Philip Morris International | +0.2% | +13.71% | 加仓 |
| 8 | CRM | Salesforce Inc | +0.2% | +13.32% | 加仓 |
| 9 | PSA | Public Storage | +0.2% | +821.38% | 加仓 |
| 10 | PAYX | Paychex Inc | +0.1% | +59.11% | 加仓 |
| 11 | APH | Amphenol Corp-cl A | +0.1% | +31.51% | 加仓 |
| 12 | FLUT | Flutter Entertainment plc | +0.1% | +146.84% | 加仓 |
| 13 | JNJ | Johnson & Johnson | +0.1% | +93.30% | 加仓 |
| 14 | HUM | Humana Inc | +0.1% | +113.86% | 加仓 |
| 15 | DHR | Danaher CORP | +0.1% | +8.88% | 加仓 |
| 16 | APD | Air Products & Chemicals Inc | +0.1% | +44.22% | 加仓 |
| 17 | VRSK | Verisk Analytics Inc | +0.1% | +1200.93% | 加仓 |
| 18 | WSO | Watsco Inc | +0.1% | +103.11% | 加仓 |
| 19 | RYAAY | Ryanair Holdings Plc-sp Adr | +0.1% | +6.58% | 加仓 |
| 20 | LII | Lennox International Inc | +0.1% | +91.25% | 加仓 |
| 21 | KKR | Kkr & Co Inc | +0.1% | +18.61% | 加仓 |
| 22 | ATI | Ati Inc | +0.1% | -0.30% | 减仓 |
| 23 | SPGI | S&p Global Inc | +0.1% | +43.60% | 加仓 |
| 24 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +0.06% | 加仓 |
| 25 | KDP | Keurig Dr Pepper Inc | +0.1% | +1987.44% | 加仓 |
| 26 | AMGN | Amgen Inc | +0.1% | -5.25% | 减仓 |
| 27 | YUM | Yum! Brands Inc | +0.1% | +20.03% | 加仓 |
| 28 | AMT | American Tower CORP | +0.1% | +156.98% | 加仓 |
| 29 | ACN | Accenture plc | +0.1% | +2.00% | 加仓 |
| 30 | TFC | Truist Financial CORP | +0.1% | +0.66% | 加仓 |
| 31 | FTAI | FTAI Aviation Ltd. | +0.1% | -1.18% | 减仓 |
| 32 | DAL | Delta Air Lines Inc | +0.1% | +4.36% | 加仓 |
| 33 | ALGN | Align Technology Inc | +0.1% | +52.22% | 加仓 |
| 34 | EXR | Extra Space Storage Inc | +0.1% | +73.91% | 加仓 |
| 35 | STZ | Constellation Brands Inc-a | +0.1% | +48.55% | 加仓 |
| 36 | WELL | Welltower Inc | 0% | +1.97% | 加仓 |
| 37 | KLAC | Kla CORP | 0% | -4.82% | 减仓 |
| 38 | SHOP | Shopify Inc - Class A | 0% | -0.70% | 减仓 |
| 39 | PNC | Pnc Financial Services Group | 0% | +10.16% | 加仓 |
| 40 | VRTX | Vertex Pharmaceuticals Inc | 0% | +0.95% | 加仓 |
| 41 | MTD | Mettler-toledo International | 0% | +12.74% | 加仓 |
| 42 | BLD | Topbuild CORP | 0% | +71.10% | 加仓 |
| 43 | MAR | Marriott International -cl A | 0% | +7.10% | 加仓 |
| 44 | WCN | Waste Connections Inc | 0% | +28.15% | 加仓 |
| 45 | SLB | Slb LTD | 0% | +86.87% | 加仓 |
| 46 | MA | Mastercard Inc - A | 0% | +4.41% | 加仓 |
| 47 | B | Barrick Mining CORP | 0% | -17.84% | 减仓 |
| 48 | BURL | Burlington Stores Inc | 0% | -1.51% | 减仓 |
| 49 | RPRX | Royalty Pharma plc | 0% | +14.30% | 加仓 |
| 50 | KO | Coca-cola Co/the | 0% | +10.98% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Capital International Investors 在 Q4 2025 季度的美股持仓总市值约为 US$4836.1亿，共申报了 454 个公开持股仓位。
在 Q4 2025 季度，Capital International Investors 按市值排列的前三大核心持股分别为：AVGO (7.7%)、MSFT (6.2%)、GOOG (4.1%)。其中最大持股仓位 AVGO 占据整体投资组合约 7.7% 的权重。
在 Q4 2025 季度中，Capital International Investors 共进行了 200 项持仓异动，包含新建仓 18 个仓位、加仓 95 个仓位、减仓 73 个仓位以及清仓 14 个仓位。 其中最大新建仓标的为 TTE。 本季清仓仓位包含 DAY。
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。
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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。
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。