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: 0001434845
申报总市值
US$8.3亿
US$8.3亿
133 檔
14.8%
Q4 2025 季度申报显示，Cardinal Capital Management 披露的美股组合总市值为 US$8.3亿，涵盖 133 个不同之权益投资仓位。
在 Q4 2025，Cardinal Capital Management 操作展现出积极扩展与加仓意向。本季共新建仓 6 个新仓位，并对 24 个既有持股进行加仓（合计增持 30 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Cardinal Capital Management 的前 5 大核心持股（包含 LLY, JNJ, MSFT 等）合计占整体申报市值的 14.8%，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 | LLY | Eli Lilly & Co | 股票-医疗保健 | 3.90% | +0.67% | -2.16% | |
| 2 | JNJ | Johnson & Johnson | 股票-医疗保健 | 3.21% | -0.14% | -0.13% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 3.18% | -0.11% | -1.20% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 3.14% | +0.18% | -0.50% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.72% | +0.37% | -1.44% | |
| 6 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.53% | +0.08% | +0.03% | |
| 7 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 2.38% | -0.34% | -0.43% | |
| 8 | WMT | Walmart Inc | 股票-非周期性消费 | 2.31% | -0.38% | -0.51% | |
| 9 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 2.14% | +0.28% | -0.87% | |
| 10 | XOM | Exxon Mobil CORP | 股票-能源 | 1.84% | -0.62% | +0.42% | |
| 11 | IBM | Intl Business Machines CORP | 股票-科技 | 1.73% | +0.12% | -0.36% | |
| 12 | DE | Deere & Co | 股票-工业 | 1.73% | +0.09% | -0.30% | |
| 13 | CSCO | Cisco Systems Inc | 股票-科技 | 1.60% | +0.64% | +0.06% | |
| 14 | EMR | Emerson Electric Co | 股票-工业 | 1.57% | +0.03% | +0.29% | |
| 15 | QCOM | Qualcomm Inc | 股票-科技 | 1.56% | +0.40% | +0.37% | |
| 16 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 1.53% | -0.18% | -0.45% | |
| 17 | ECL | Ecolab Inc | 股票-原材料 | 1.50% | -0.03% | +0.33% | |
| 18 | ADP | Automatic Data Processing | 股票-科技 | 1.48% | +0.05% | +0.45% | |
| 19 | CMI | Cummins Inc | 股票-工业 | 1.45% | +0.34% | -0.11% | |
| 20 | ITW | Illinois Tool Works | 股票-工业 | 1.42% | -0.04% | +0.89% | |
| 21 | TFC | Truist Financial CORP | 股票-金融 | 1.36% | +0.01% | +0.65% | |
| 22 | A | Agilent Technologies Inc | 股票-医疗保健 | 1.35% | +0.10% | +0.40% | |
| 23 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 1.35% | — | +1.43% | |
| 24 | LH | Labcorp Holdings Inc | 股票-医疗保健 | 1.28% | -0.03% | +1.02% | |
| 25 | IDXX | Idexx Laboratories Inc | 股票-医疗保健 | 1.26% | -0.12% | -0.44% | |
| 26 | MMM | 3m Co | 股票-工业 | 1.16% | +0.04% | +0.81% | |
| 27 | COP | Conocophillips | 股票-能源 | 1.13% | -0.40% | +1.64% | |
| 28 | AGX | Argan Inc | 股票-工业 | 1.12% | -0.15% | -0.51% | |
| 29 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 1.11% | -0.04% | +1.45% | |
| 30 | HAS | Hasbro Inc | 股票-周期性消费 | 1.08% | -0.21% | +0.93% | |
| 31 | KEYS | Keysight Technologies In | 股票-科技 | 1.08% | -0.03% | +0.56% | |
| 32 | NFG | National Fuel Gas Co | 股票-能源 | 1.07% | -0.28% | +0.60% | |
| 33 | MDT | Medtronic plc | 股票-医疗保健 | 1.06% | -0.13% | +0.90% | |
| 34 | SBUX | Starbucks CORP | 股票-周期性消费 | 1.03% | +0.07% | +1.23% | |
| 35 | TROW | T Rowe Price Group Inc | 股票-金融 | 0.96% | +0.16% | -0.20% | |
| 36 | STT | State Street CORP | 股票-金融 | 0.95% | +0.23% | -0.08% | |
| 37 | MKC | Mccormick & Co-non Vtg Shrs | 股票-非周期性消费 | 0.94% | +0.01% | +0.58% | |
| 38 | NVS | Novartis Ag-sponsored Adr | 股票-医疗保健 | 0.91% | -0.04% | +0.21% | |
| 39 | RY | Royal Bank Of Canada | 股票-金融 | 0.90% | +0.16% | +0.08% | |
| 40 | SAP | Sap Se-sponsored Adr | 股票-科技 | 0.88% | -0.09% | +0.03% | |
| 41 | REGN | Regeneron Pharmaceuticals | 股票-医疗保健 | 0.86% | -0.21% | -0.30% | |
| 42 | BDX | Becton Dickinson And Co | 股票-医疗保健 | 0.84% | -0.06% | +0.98% | |
| 43 | GIS | General Mills Inc | 股票-非周期性消费 | 0.81% | -0.76% | -2.29% | |
| 44 | UTHR | United Therapeutics CORP | 股票-医疗保健 | 0.78% | -0.15% | +0.10% | |
| 45 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.77% | — | +1.00% | |
| 46 | CW | Curtiss-wright CORP | 股票-工业 | 0.77% | +0.04% | -0.13% | |
| 47 | BMY | Bristol-myers Squibb Co | 股票-医疗保健 | 0.75% | -0.09% | +1.04% | |
| 48 | USLM | United States Lime & Mineral | 股票-其他 | 0.71% | -0.19% | -0.04% | |
| 49 | FDX | Fedex CORP | 股票-工业 | 0.70% | -0.15% | +1.93% | |
| 50 | TM | Toyota Motor CORP -spon Adr | 股票-周期性消费 | 0.69% | -0.15% | +0.34% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +1% | -2.16% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.5% | -1.44% | 减仓 |
| 3 | MRK | Merck & Co. Inc. | +0.2% | +1.43% | 加仓 |
| 4 | JNJ | Johnson & Johnson | +0.2% | -0.13% | 减仓 |
| 5 | CMI | Cummins Inc | +0.2% | -0.11% | 减仓 |
| 6 | REGN | Regeneron Pharmaceuticals | +0.2% | -0.30% | 减仓 |
| 7 | CSCO | Cisco Systems Inc | +0.1% | +0.06% | 加仓 |
| 8 | KEYS | Keysight Technologies In | +0.1% | +0.56% | 加仓 |
| 9 | FDX | Fedex CORP | +0.1% | +1.93% | 加仓 |
| 10 | AGX | Argan Inc | +0.1% | -0.51% | 减仓 |
| 11 | BMY | Bristol-myers Squibb Co | +0.1% | +1.04% | 加仓 |
| 12 | GOOG | Alphabet Inc-cl C | +0.1% | -2.50% | 减仓 |
| 13 | RY | Royal Bank Of Canada | +0.1% | +0.08% | 加仓 |
| 14 | HAE | Haemonetics Corp/mass | +0.1% | +1.45% | 加仓 |
| 15 | UTHR | United Therapeutics CORP | +0.1% | +0.10% | 加仓 |
| 16 | WMT | Walmart Inc | +0.1% | -0.51% | 减仓 |
| 17 | TD | Toronto-dominion Bank | +0.1% | +0.18% | 加仓 |
| 18 | AAPL | Apple Inc | +0.1% | -0.50% | 减仓 |
| 19 | STT | State Street CORP | +0.1% | -0.08% | 减仓 |
| 20 | JKHY | Jack Henry & Associates Inc | +0.1% | +1.58% | 加仓 |
| 21 | LSTR | Landstar System Inc | +0.1% | +1.68% | 加仓 |
| 22 | TFC | Truist Financial CORP | +0.1% | +0.65% | 加仓 |
| 23 | BNS | Bank Of Nova Scotia | +0.1% | +0.53% | 加仓 |
| 24 | TM | Toyota Motor CORP -spon Adr | +0.1% | +0.34% | 加仓 |
| 25 | XOM | Exxon Mobil CORP | 0% | +0.42% | 加仓 |
| 26 | HAS | Hasbro Inc | 0% | +0.93% | 加仓 |
| 27 | BNY | Bank Of New York Mellon CORP | 0% | -0.87% | 减仓 |
| 28 | A | Agilent Technologies Inc | 0% | +0.40% | 加仓 |
| 29 | IBM | Intl Business Machines CORP | — | -0.36% | 减仓 |
| 30 | GIS | General Mills Inc | -0.1% | -2.29% | 减仓 |
| 31 | SAP | Sap Se-sponsored Adr | -0.1% | +0.03% | 加仓 |
| 32 | ODC | Oil-dri CORP Of America | -0.2% | +0.32% | 加仓 |
| 33 | VEEV | Veeva Systems Inc-class A | -0.2% | +1.89% | 加仓 |
| 34 | FFIV | F5 Inc | -0.2% | +1.95% | 加仓 |
| 35 | NFG | National Fuel Gas Co | -0.2% | +0.60% | 加仓 |
| 36 | LH | Labcorp Holdings Inc | -0.2% | +1.02% | 加仓 |
| 37 | ADP | Automatic Data Processing | -0.3% | +0.45% | 加仓 |
| 38 | COST | Costco Wholesale CORP | -0.3% | -0.43% | 减仓 |
| 39 | 6D8 | Dupont De Nemours Inc | -0.3% | -80.61% | 减仓 |
| 40 | MSFT | Microsoft CORP | -0.4% | -1.20% | 减仓 |
| 41 | PFE | Pfizer Inc | — | NEW | 新建仓 |
| 42 | TTE | TotalEnergies SE | — | NEW | 新建仓 |
| 43 | TTEN | Totalenergies Se -spon Adr | — | EXIT | 清仓 |
| 44 | UL | Unilever PLC | — | EXIT | 清仓 |
| 45 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建仓 |
| 46 | Q | Qnity Electronics Inc | — | NEW | 新建仓 |
| 47 | AOS | Smith (a.o.) CORP | — | NEW | 新建仓 |
| 48 | NVEC | Nve CORP | — | EXIT | 清仓 |
| 49 | AMCR | Amcor plc | — | EXIT | 清仓 |
| 50 | AMZN | Amazon.com Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Cardinal Capital Management 在 Q4 2025 季度的美股持仓总市值约为 US$8.3亿，共申报了 133 个公开持股仓位。
在 Q4 2025 季度，Cardinal Capital Management 按市值排列的前三大核心持股分别为：LLY (3.9%)、JNJ (3.2%)、MSFT (3.2%)。其中最大持股仓位 LLY 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
PFE
市值: US$299.4万
本季最大获利了结 / 清仓标的
TTEN
前期市值: US$271.6万
在 Q4 2025 季度中，Cardinal Capital Management 共进行了 50 项持仓异动，包含新建仓 6 个仓位、加仓 24 个仓位、减仓 16 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 PFE。 本季清仓仓位包含 TTEN。
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。