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: 0001531809
申报总市值
US$14.6亿
US$14.6亿
120 檔
23.1%
根据最新整理的 13F 季度数据集，CapWealth Advisors, LLC 于 Q4 2025 结束时的管理资产规模为 US$14.6亿。该机构在本季度申报了 120 档美股持仓，呈现出该时期的主要投资地图。
在 Q4 2025，CapWealth Advisors, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 2 个新仓位，并对 29 个既有持股进行加仓（合计增持 31 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，CapWealth Advisors, LLC 的前 5 大核心持股（包含 FNMA F PERP P, FNMA 8.25 PERP T, LUMN 等）合计占整体申报市值的 23.1%，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 | FNMA F PERP P债券 | Fannie Mae | 债券 | 7.20% | -0.29% | +10.12% | |
| 2 | FNMA 8.25 PERP T债券 | Fannie Mae | 债券 | 5.54% | -0.79% | -4.03% | |
| 3 | LUMN | Lumen Technologies Inc | 股票-通信服务 | 3.56% | +0.13% | +11.76% | |
| 4 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 3.53% | -0.43% | -9.50% | |
| 5 | WMB | Williams Cos Inc | 股票-能源 | 3.19% | -0.24% | -0.44% | |
| 6 | MSFT | Microsoft CORP | 股票-科技 | 2.94% | -0.10% | -3.48% | |
| 7 | GLW | Corning Inc | 股票-科技 | 2.85% | +2.62% | +0.74% | |
| 8 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.71% | -0.07% | -0.22% | |
| 9 | FMCC 6.02 PERP X债券 | Freddie Mac | 债券 | 2.62% | -0.33% | +0.10% | |
| 10 | IBM | Intl Business Machines CORP | 股票-科技 | 2.47% | +0.21% | +1.81% | |
| 11 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 2.37% | -0.01% | +0.72% | |
| 12 | FNMA V8.25 PERP S债券 | Fannie Mae | 债券 | 2.28% | -0.28% | -0.57% | |
| 13 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 2.20% | +0.50% | -2.84% | |
| 14 | GE | General Electric | 股票-工业 | 2.14% | +0.48% | +0.18% | |
| 15 | GILD | Gilead Sciences Inc | 股票-医疗保健 | 2.05% | -0.40% | +0.41% | |
| 16 | GEV | GE Vernova Inc | 股票-工业 | 2.04% | +0.29% | -0.04% | |
| 17 | BAC | Bank Of America CORP | 股票-金融 | 2.02% | +0.14% | -0.37% | |
| 18 | RTX | Rtx CORP | 股票-工业 | 2.01% | -0.19% | -4.21% | |
| 19 | CVX | Chevron CORP | 股票-能源 | 2.00% | -0.74% | -0.03% | |
| 20 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.98% | -0.10% | +0.45% | |
| 21 | FMCC V8.375 PERP Z债券 | Freddie Mac | 债券 | 1.94% | -0.27% | -4.41% | |
| 22 | CVS | Cvs Health CORP | 股票-医疗保健 | 1.78% | +0.67% | +2.96% | |
| 23 | DUK | Duke Energy CORP | 股票-公用事业 | 1.68% | -0.17% | +1.38% | |
| 24 | DHI | Dr Horton Inc | 股票-周期性消费 | 1.56% | +0.18% | -1.37% | |
| 25 | UPS | United Parcel Service-cl B | 股票-工业 | 1.51% | +0.05% | +2.90% | |
| 26 | NEE | Nextera Energy Inc | 股票-公用事业 | 1.47% | +0.29% | +0.81% | |
| 27 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.42% | +0.12% | +0.88% | |
| 28 | AAPL | Apple Inc | 股票-科技 | 1.39% | +0.02% | -0.65% | |
| 29 | CEG | Constellation Energy | 股票-公用事业 | 1.34% | -0.18% | +0.59% | |
| 30 | FBK | Fb Financial CORP | 股票-其他 | 1.32% | -0.02% | +4.29% | |
| 31 | DOW | Dow Inc | 股票-原材料 | 1.31% | -0.96% | +2.33% | |
| 32 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.16% | +0.20% | +2.39% | |
| 33 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.13% | -0.20% | +1.88% | |
| 34 | ORCL | Oracle CORP | 股票-科技 | 1.08% | -0.04% | +1.09% | |
| 35 | EQIX | Equinix Inc | 股票-房地产 | 1.07% | -0.01% | -9.79% | |
| 36 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 1.05% | +0.50% | +2.10% | |
| 37 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 1.03% | -0.04% | +6.26% | |
| 38 | REMX | Vaneck Rar Earth Nd Stg-usdi | ETF-其他 | 0.99% | -0.08% | — | |
| 39 | NFLX | Netflix Inc | 股票-通信服务 | 0.97% | -0.02% | +806.82% | |
| 40 | T | At&t Inc | 股票-通信服务 | 0.95% | -0.74% | +7.59% | |
| 41 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.94% | -0.02% | EXIT | |
| 42 | HON | Honeywell International Inc | 股票-工业 | 0.93% | -1.19% | EXIT | |
| 43 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.91% | -0.05% | +1.79% | |
| 44 | SYK | Stryker CORP | 股票-医疗保健 | 0.87% | -0.01% | +18.22% | |
| 45 | AMGN | Amgen Inc | 股票-医疗保健 | 0.85% | -0.05% | +3.53% | |
| 46 | FNMA F PERP O债券 | Fannie Mae | 债券 | 0.80% | -0.10% | +0.46% | |
| 47 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-政府公债 | 0.77% | -0.35% | +19.12% | |
| 48 | HSY | Hershey Co/the | 股票-非周期性消费 | 0.72% | -0.19% | -4.31% | |
| 49 | HD | Home Depot Inc | 股票-周期性消费 | 0.65% | +0.10% | +5.80% | |
| 50 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.63% | -0.12% | -0.73% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LUMN | Lumen Technologies Inc | +1% | +11.76% | 加仓 |
| 2 | FNMA F PERP P债券 | Fannie Mae | +0.6% | +10.12% | 加仓 |
| 3 | MRK | Merck & Co. Inc. | +0.5% | +0.72% | 加仓 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.3% | +2.39% | 加仓 |
| 5 | UPS | United Parcel Service-cl B | +0.3% | +2.90% | 加仓 |
| 6 | JNJ | Johnson & Johnson | +0.2% | +0.45% | 加仓 |
| 7 | GILD | Gilead Sciences Inc | +0.2% | +0.41% | 加仓 |
| 8 | GLW | Corning Inc | +0.2% | +0.74% | 加仓 |
| 9 | IBM | Intl Business Machines CORP | +0.2% | +1.81% | 加仓 |
| 10 | AMGN | Amgen Inc | +0.1% | +3.53% | 加仓 |
| 11 | CVS | Cvs Health CORP | +0.1% | +2.96% | 加仓 |
| 12 | BIL | Ss Spdr Bb 1-3m T-bill ETF | +0.1% | +19.12% | 加仓 |
| 13 | GEV | GE Vernova Inc | +0.1% | -0.04% | 减仓 |
| 14 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | -2.84% | 减仓 |
| 15 | BAC | Bank Of America CORP | +0.1% | -0.37% | 减仓 |
| 16 | NEE | Nextera Energy Inc | +0.1% | +0.81% | 加仓 |
| 17 | CEG | Constellation Energy | +0.1% | +0.59% | 加仓 |
| 18 | SYK | Stryker CORP | +0.1% | +18.22% | 加仓 |
| 19 | RTX | Rtx CORP | +0.1% | -4.21% | 减仓 |
| 20 | DOCU | Docusign Inc | +0.1% | +26.98% | 加仓 |
| 21 | AMZN | Amazon.com Inc | +0.1% | +0.88% | 加仓 |
| 22 | AAPL | Apple Inc | +0.1% | -0.65% | 减仓 |
| 23 | KO | Coca-cola Co/the | +0.1% | +1.79% | 加仓 |
| 24 | FBK | Fb Financial CORP | +0.1% | +4.29% | 加仓 |
| 25 | DOW | Dow Inc | +0.1% | +2.33% | 加仓 |
| 26 | GE | General Electric | 0% | +0.18% | 加仓 |
| 27 | T | At&t Inc | -0.1% | +7.59% | 加仓 |
| 28 | HD | Home Depot Inc | -0.1% | +5.80% | 加仓 |
| 29 | FNMA 5.375 PERP债券 | Fannie Mae | -0.1% | — | 不变 |
| 30 | SONY | Sony Group CORP - Sp Adr | -0.1% | +6.26% | 加仓 |
| 31 | DUK | Duke Energy CORP | -0.1% | +1.38% | 加仓 |
| 32 | FNMA F PERP O债券 | Fannie Mae | -0.1% | +0.46% | 加仓 |
| 33 | GNRC | Generac Holdings Inc | -0.1% | -0.61% | 减仓 |
| 34 | TSCO | Tractor Supply Company | -0.1% | -5.61% | 减仓 |
| 35 | EQIX | Equinix Inc | -0.2% | -9.79% | 减仓 |
| 36 | WMB | Williams Cos Inc | -0.2% | -0.44% | 减仓 |
| 37 | FNMA V8.25 PERP S债券 | Fannie Mae | -0.2% | -0.57% | 减仓 |
| 38 | VZ | Verizon Communications Inc | -0.3% | -14.31% | 减仓 |
| 39 | FMCC V8.375 PERP Z债券 | Freddie Mac | -0.3% | -4.41% | 减仓 |
| 40 | DHI | Dr Horton Inc | -0.3% | -1.37% | 减仓 |
| 41 | MSFT | Microsoft CORP | -0.3% | -3.48% | 减仓 |
| 42 | FMCC 6.02 PERP X债券 | Freddie Mac | -0.4% | +0.10% | 加仓 |
| 43 | NFLX | Netflix Inc | -0.4% | +806.82% | 加仓 |
| 44 | ORCL | Oracle CORP | -0.5% | +1.09% | 加仓 |
| 45 | PLTR | Palantir Technologies Inc-a | -0.5% | -9.50% | 减仓 |
| 46 | FNMA 8.25 PERP T债券 | Fannie Mae | -1% | -4.03% | 减仓 |
| 47 | REMX | Vaneck Rar Earth Nd Stg-usdi | — | NEW | 新建仓 |
| 48 | WSM | Williams-sonoma Inc | — | EXIT | 清仓 |
| 49 | SOLS | Solstice Adv Materials Inc | — | NEW | 新建仓 |
| 50 | PNW | Pinnacle West Capital Corporation | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，CapWealth Advisors, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$14.6亿，共申报了 120 个公开持股仓位。
在 Q4 2025 季度，CapWealth Advisors, LLC 按市值排列的前三大核心持股分别为：FNMA F PERP P (7.2%)、FNMA 8.25 PERP T (5.5%)、LUMN (3.6%)。其中最大持股仓位 FNMA F PERP P 占据整体投资组合约 7.2% 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
REMX
市值: US$1441.5万
本季最大获利了结 / 清仓标的
WSM
前期市值: US$576.8万
在 Q4 2025 季度中，CapWealth Advisors, LLC 共进行了 49 项持仓异动，包含新建仓 2 个仓位、加仓 29 个仓位、减仓 16 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 REMX。 本季清仓仓位包含 WSM。
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。