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: 0001585047
申报总市值
US$5.8亿
US$5.8亿
173 檔
28.2%
截至 Q4 2025 季度末，Columbia Asset Management 的美股持仓估值约为 US$5.8亿，全数申报仓位共有 173 档。
Columbia Asset Management 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 5 个全新仓位及加仓 16 档持股的同时，亦同步清仓 4 档并减仓 24 档标的。
在资产配置集中度方面，Columbia Asset Management 的前 5 大核心持股（包含 AAPL, MSFT, GOOGL 等）合计占整体申报市值的 28.2%，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 | AAPL | Apple Inc | 股票-科技 | 9.65% | -0.01% | -1.82% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 7.75% | -0.56% | -1.92% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 4.29% | +0.43% | -4.22% | |
| 4 | ERIE | Erie Indemnity Company-cl A | 股票-金融 | 3.66% | -0.44% | +0.56% | |
| 5 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.46% | -0.01% | -1.17% | |
| 6 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.33% | +2.93% | NEW | |
| 7 | V | Visa Inc-class A Shares | 股票-金融 | 3.23% | +0.04% | -1.45% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 2.99% | +0.18% | -10.57% | |
| 9 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 2.09% | -0.09% | -1.42% | |
| 10 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.06% | -0.27% | -1.47% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.00% | +0.19% | -4.86% | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.93% | -0.04% | -2.01% | |
| 13 | IBM | Intl Business Machines CORP | 股票-科技 | 1.71% | +0.04% | -3.45% | |
| 14 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 1.68% | +0.05% | -1.87% | |
| 15 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.59% | +0.19% | +4.40% | |
| 16 | CAT | Caterpillar Inc | 股票-工业 | 1.54% | +0.59% | -2.44% | |
| 17 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.44% | +0.05% | -0.62% | |
| 18 | AMGN | Amgen Inc | 股票-医疗保健 | 1.34% | -0.15% | +0.27% | |
| 19 | CSCO | Cisco Systems Inc | 股票-科技 | 1.33% | +0.43% | -3.78% | |
| 20 | SBUX | Starbucks CORP | 股票-周期性消费 | 1.26% | +0.03% | -2.14% | |
| 21 | NKE | Nike Inc -cl B | 股票-周期性消费 | 1.09% | -0.28% | +6.27% | |
| 22 | NVDA | Nvidia CORP | 股票-科技 | 1.09% | +0.07% | -5.81% | |
| 23 | VZ | Verizon Communications Inc | 股票-通信服务 | 1.06% | -0.46% | +1.52% | |
| 24 | MDT | Medtronic plc | 股票-医疗保健 | 1.06% | -0.15% | +1.12% | |
| 25 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 1.03% | -0.16% | -4.12% | |
| 26 | ADBE | Adobe Inc | 股票-科技 | 0.99% | -0.25% | -0.06% | |
| 27 | UNP | Union Pacific CORP | 股票-工业 | 0.96% | -0.02% | -0.40% | |
| 28 | CVX | Chevron CORP | 股票-能源 | 0.95% | -0.42% | -0.00% | |
| 29 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.91% | -0.05% | -0.45% | |
| 30 | SYK | Stryker CORP | 股票-医疗保健 | 0.91% | -0.14% | -4.71% | |
| 31 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.87% | -0.21% | -3.03% | |
| 32 | PFE | Pfizer Inc | 股票-医疗保健 | 0.85% | -0.24% | +5.74% | |
| 33 | HD | Home Depot Inc | 股票-周期性消费 | 0.80% | -0.05% | -2.71% | |
| 34 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.78% | -0.20% | +2.62% | |
| 35 | AXP | American Express Co | 股票-金融 | 0.78% | -0.04% | +0.01% | |
| 36 | BP | Bp Plc-spons Adr | 股票-能源 | 0.78% | -0.35% | +4.03% | |
| 37 | VIG | Vanguard Dividend Apprec ETF | ETF-其他 | 0.76% | -0.03% | +1.88% | |
| 38 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.73% | -0.09% | -3.01% | |
| 39 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.69% | -0.14% | +0.11% | |
| 40 | UPS | United Parcel Service-cl B | 股票-工业 | 0.67% | -0.06% | +1.23% | |
| 41 | TGT | Target CORP | 股票-周期性消费 | 0.66% | -0.07% | -1.73% | |
| 42 | DE | Deere & Co | 股票-工业 | 0.66% | — | -5.05% | |
| 43 | VB | Vanguard Small-cap ETF | ETF-其他 | 0.64% | +0.04% | +15.13% | |
| 44 | VUG | Vanguard Growth ETF | ETF-其他 | 0.57% | +0.02% | +2.00% | |
| 45 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.56% | +0.01% | +47.75% | |
| 46 | NFLX | Netflix Inc | 股票-通信服务 | 0.54% | -0.17% | +878.33% | |
| 47 | GLW | Corning Inc | 股票-科技 | 0.54% | +0.56% | -5.65% | |
| 48 | C | Citigroup Inc | 股票-金融 | 0.54% | +0.03% | -8.82% | |
| 49 | SHEL | Shell Plc-adr | 股票-能源 | 0.52% | -0.18% | -0.91% | |
| 50 | SONY | Sony Group CORP - Sp Adr | 股票-科技 | 0.50% | -0.08% | +0.53% |
| # | 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 | +0.6% | -4.22% | 减仓 |
| 2 | LLY | Eli Lilly & Co | +0.5% | +4.40% | 加仓 |
| 3 | MRK | Merck & Co. Inc. | +0.3% | -1.42% | 减仓 |
| 4 | GOOG | Alphabet Inc-cl C | +0.3% | -4.86% | 减仓 |
| 5 | CAT | Caterpillar Inc | +0.2% | -2.44% | 减仓 |
| 6 | VO | Vanguard Mid-cap ETF | +0.2% | +47.75% | 加仓 |
| 7 | VRTX | Vertex Pharmaceuticals Inc | +0.1% | +305.61% | 加仓 |
| 8 | AMGN | Amgen Inc | +0.1% | +0.27% | 加仓 |
| 9 | JNJ | Johnson & Johnson | +0.1% | -1.47% | 减仓 |
| 10 | UPS | United Parcel Service-cl B | +0.1% | +1.23% | 加仓 |
| 11 | MU | Micron Technology Inc | +0.1% | -0.13% | 减仓 |
| 12 | VB | Vanguard Small-cap ETF | +0.1% | +15.13% | 加仓 |
| 13 | EXPE | Expedia Group Inc | +0.1% | — | 不变 |
| 14 | CSCO | Cisco Systems Inc | 0% | -3.78% | 减仓 |
| 15 | AXP | American Express Co | 0% | +0.01% | 加仓 |
| 16 | USB | US Bancorp | 0% | +6.23% | 加仓 |
| 17 | RIO | Rio Tinto Plc-spon Adr | 0% | +15.49% | 加仓 |
| 18 | CMCSA | Comcast Corp-class A | 0% | +54.22% | 加仓 |
| 19 | ASML | ASML Holding N.V. | 0% | +2.20% | 加仓 |
| 20 | TGT | Target CORP | 0% | -1.73% | 减仓 |
| 21 | KO | Coca-cola Co/the | — | -0.45% | 减仓 |
| 22 | AAPL | Apple Inc | 0% | -1.82% | 减仓 |
| 23 | AMZN | Amazon.com Inc | -0.1% | -1.17% | 减仓 |
| 24 | GPC | Genuine Parts Co | -0.1% | -18.08% | 减仓 |
| 25 | DTE | Dte Energy Company | -0.1% | -8.49% | 减仓 |
| 26 | SO | Southern Co/the | -0.1% | -32.17% | 减仓 |
| 27 | COST | Costco Wholesale CORP | -0.1% | +0.11% | 加仓 |
| 28 | SONY | Sony Group CORP - Sp Adr | -0.1% | +0.53% | 加仓 |
| 29 | UNH | Unitedhealth Group Inc | -0.1% | -44.87% | 减仓 |
| 30 | T | At&t Inc | -0.1% | -3.18% | 减仓 |
| 31 | NVDA | Nvidia CORP | -0.1% | -5.81% | 减仓 |
| 32 | VZ | Verizon Communications Inc | -0.1% | +1.52% | 加仓 |
| 33 | V | Visa Inc-class A Shares | -0.1% | -1.45% | 减仓 |
| 34 | SYK | Stryker CORP | -0.2% | -4.71% | 减仓 |
| 35 | PG | Procter & Gamble Co/the | -0.2% | -4.12% | 减仓 |
| 36 | NFLX | Netflix Inc | -0.2% | +878.33% | 加仓 |
| 37 | HD | Home Depot Inc | -0.2% | -2.71% | 减仓 |
| 38 | ORCL | Oracle CORP | -0.4% | -29.84% | 减仓 |
| 39 | AVGO | Broadcom Inc | -0.4% | -10.57% | 减仓 |
| 40 | ERIE | Erie Indemnity Company-cl A | -0.6% | +0.56% | 加仓 |
| 41 | MSFT | Microsoft CORP | -1.2% | -1.92% | 减仓 |
| 42 | BRK-B | Berkshire Hathaway Inc-cl B | — | NEW | 新建仓 |
| 43 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建仓 |
| 44 | UL | Unilever PLC | — | EXIT | 清仓 |
| 45 | TD | Toronto-dominion Bank | — | NEW | 新建仓 |
| 46 | CMG | Chipotle Mexican Grill Inc | — | EXIT | 清仓 |
| 47 | SCHF | Schwab Intl Equity ETF | — | NEW | 新建仓 |
| 48 | BX | Blackstone Inc | — | EXIT | 清仓 |
| 49 | MNST | Monster Beverage CORP | — | NEW | 新建仓 |
| 50 | MPC | Marathon Petroleum CORP | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Columbia Asset Management 在 Q4 2025 季度的美股持仓总市值约为 US$5.8亿，共申报了 173 个公开持股仓位。
在 Q4 2025 季度，Columbia Asset Management 按市值排列的前三大核心持股分别为：AAPL (9.7%)、MSFT (7.8%)、GOOGL (4.3%)。其中最大持股仓位 AAPL 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
BRK-B
市值: US$1873.4万
本季最大获利了结 / 清仓标的
UL
前期市值: US$109.4万
在 Q4 2025 季度中，Columbia Asset Management 共进行了 49 项持仓异动，包含新建仓 5 个仓位、加仓 16 个仓位、减仓 24 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 BRK-B。 本季清仓仓位包含 UL。
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。