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。
AlphaSMO 权威研究指南阅读专题
CIK: 0001161670
申报总市值
US$13.2亿
US$13.2亿
213 檔
33.4%
在 Q3 2025 申报期间，Cullinan Associates Inc（CIK: 0001161670）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$13.2亿，共持有 213 个公开申报仓位。
在 Q3 2025，Cullinan Associates Inc 展现出较为审慎的避险与获利了结姿态。本季共减仓 92 个仓位并完全清仓 12 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，Cullinan Associates Inc 的前 5 大核心持股（包含 AAPL, MSFT, KO 等）合计占整体申报市值的 33.4%，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
APP
市值: US$94.3万
本季最大获利了结 / 清仓标的
HIMS
前期市值: US$166.1万
仅显示前 200 大持股（共 213 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 | AAPL | Apple Inc | 股票-科技 | 7.48% | +0.13% | -0.51% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 5.97% | -0.74% | +4.26% | |
| 3 | KO | Coca-cola Co/the | 股票-非周期性消费 | 5.92% | -1.12% | -0.47% | |
| 4 | COIN | Coinbase Global Inc -class A | 股票-金融 | 5.67% | — | -14.80% | |
| 5 | SPGI | S&p Global Inc | 股票-金融 | 3.75% | -0.45% | -4.21% | |
| 6 | WMT | Walmart Inc | 股票-非周期性消费 | 3.66% | -0.21% | -3.95% | |
| 7 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 2.62% | -0.18% | -0.09% | |
| 8 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 2.37% | +0.22% | -12.08% | |
| 9 | IBM | Intl Business Machines CORP | 股票-科技 | 2.29% | +0.03% | +3.04% | |
| 10 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.26% | -0.22% | -0.86% | |
| 11 | ORCL | Oracle CORP | 股票-科技 | 2.02% | -0.13% | -8.18% | |
| 12 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.96% | -0.14% | -6.61% | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 1.89% | -3.10% | EXIT | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.67% | +0.28% | +3.69% | |
| 15 | AMZN | Amazon.com Inc | 股票-周期性消费 | 1.62% | +0.29% | -10.78% | |
| 16 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.44% | +0.93% | +2.84% | |
| 17 | NVDA | Nvidia CORP | 股票-科技 | 1.37% | +0.54% | -5.95% | |
| 18 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 1.36% | -0.22% | -1.70% | |
| 19 | VRTX | Vertex Pharmaceuticals Inc | 股票-医疗保健 | 1.31% | +0.07% | -1.15% | |
| 20 | MCD | Mcdonald's CORP | 股票-周期性消费 | 1.29% | -0.43% | -2.10% | |
| 21 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.28% | +0.02% | -3.81% | |
| 22 | CVX | Chevron CORP | 股票-能源 | 1.14% | -0.45% | -4.89% | |
| 23 | EA | Electronic Arts Inc | 股票-通信服务 | 1.08% | -0.02% | -22.88% | |
| 24 | CAT | Caterpillar Inc | 股票-工业 | 1.04% | +0.26% | -6.00% | |
| 25 | AXP | American Express Co | 股票-金融 | 1.03% | — | -13.12% | |
| 26 | AFL | Aflac Inc | 股票-金融 | 1.00% | -0.01% | +8.42% | |
| 27 | TXN | Texas Instruments Inc | 股票-科技 | 0.99% | +0.36% | -5.75% | |
| 28 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.97% | -0.05% | -3.12% | |
| 29 | QLYS | Qualys Inc | 股票-科技 | 0.89% | +0.34% | — | |
| 30 | LRCXEUR | Lam Research CORP | 股票-科技 | 0.85% | +1.00% | — | |
| 31 | AMAT | Applied Materials Inc | 股票-科技 | 0.83% | +1.12% | -2.90% | |
| 32 | HD | Home Depot Inc | 股票-周期性消费 | 0.82% | +0.01% | -6.19% | |
| 33 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.81% | -0.12% | -3.15% | |
| 34 | SO | Southern Co/the | 股票-公用事业 | 0.80% | -0.07% | +3.79% | |
| 35 | UBER | Uber Technologies Inc | 股票-工业 | 0.76% | -0.05% | +5.01% | |
| 36 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.67% | -0.03% | -7.48% | |
| 37 | LMT | Lockheed Martin CORP | 股票-工业 | 0.66% | -0.24% | -4.94% | |
| 38 | ABNB | Airbnb Inc-class A | 股票-周期性消费 | 0.64% | -0.08% | — | |
| 39 | V | Visa Inc-class A Shares | 股票-金融 | 0.63% | +0.15% | -57.40% | |
| 40 | KLAC | Kla CORP | 股票-科技 | 0.63% | +0.50% | -8.12% | |
| 41 | CME | Cme Group Inc | 股票-金融 | 0.62% | -0.26% | +82.73% | |
| 42 | DE | Deere & Co | 股票-工业 | 0.61% | -0.01% | +1.55% | |
| 43 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.60% | -0.09% | +8.41% | |
| 44 | EMR | Emerson Electric Co | 股票-工业 | 0.58% | -0.02% | -2.74% | |
| 45 | AMGN | Amgen Inc | 股票-医疗保健 | 0.58% | -0.07% | -7.64% | |
| 46 | NYT | New York Times Co-a | 股票-通信服务 | 0.56% | -0.15% | -2.16% | |
| 47 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.51% | -0.07% | -1.07% | |
| 48 | ✓ | Berkshire Hathaway Cl B | 股票-其他 | 0.49% | +0.08% | -2.28% | |
| 49 | PM | Philip Morris International | 股票-非周期性消费 | 0.47% | +0.01% | +2.72% | |
| 50 | TRV | Travelers Cos Inc/the | 股票-金融 | 0.46% | — | +9.32% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | COIN | Coinbase Global Inc -class A | +2% | -14.80% | 减仓 |
| 2 | MSFT | Microsoft CORP | +1.3% | +4.26% | 加仓 |
| 3 | ORCL | Oracle CORP | +0.8% | -8.18% | 减仓 |
| 4 | GOOGL | Alphabet Inc-cl A | +0.6% | -6.61% | 减仓 |
| 5 | GOOG | Alphabet Inc-cl C | +0.5% | +2.84% | 加仓 |
| 6 | NVDA | Nvidia CORP | +0.4% | -5.95% | 减仓 |
| 7 | LRCXEUR | Lam Research CORP | +0.4% | — | 不变 |
| 8 | PYPL | Paypal Holdings Inc | +0.3% | +288.22% | 加仓 |
| 9 | JPM | Jpmorgan Chase & Co | +0.3% | +3.69% | 加仓 |
| 10 | CME | Cme Group Inc | +0.3% | +82.73% | 加仓 |
| 11 | AAPL | Apple Inc | +0.3% | -0.51% | 减仓 |
| 12 | CAT | Caterpillar Inc | +0.2% | -6.00% | 减仓 |
| 13 | UBER | Uber Technologies Inc | +0.2% | +5.01% | 加仓 |
| 14 | AMAT | Applied Materials Inc | +0.2% | -2.90% | 减仓 |
| 15 | KLAC | Kla CORP | +0.2% | -8.12% | 减仓 |
| 16 | TSLA | Tesla Inc | +0.1% | — | 加仓 |
| 17 | QCOM | Qualcomm Inc | +0.1% | +15.84% | 加仓 |
| 18 | GS | Goldman Sachs Group Inc | +0.1% | -7.48% | 减仓 |
| 19 | AVGO | Broadcom Inc | +0.1% | — | 加仓 |
| 20 | IBM | Intl Business Machines CORP | +0.1% | +3.04% | 加仓 |
| 21 | FAST | Fastenal Co | +0.1% | +4.87% | 加仓 |
| 22 | WMT | Walmart Inc | +0.1% | -3.95% | 减仓 |
| 23 | DIS | Walt Disney Co/the | +0.1% | +8.41% | 加仓 |
| 24 | TRV | Travelers Cos Inc/the | +0.1% | +9.32% | 加仓 |
| 25 | NSC | Norfolk Southern CORP | +0.1% | — | 不变 |
| 26 | HOOD | Robinhood Markets Inc - A | +0.1% | — | 不变 |
| 27 | SO | Southern Co/the | +0.1% | +3.79% | 加仓 |
| 28 | NYT | New York Times Co-a | +0.1% | -2.16% | 加仓 |
| 29 | ✓ | Quantum Scape Corp | +0.1% | — | 不变 |
| 30 | ECL | Ecolab Inc | 0% | +1.45% | 加仓 |
| 31 | MS | Morgan Stanley | 0% | -15.62% | 减仓 |
| 32 | CMI | Cummins Inc | 0% | -7.13% | 减仓 |
| 33 | IWF | Ishares Russell 1000 Growth | 0% | -1.39% | 减仓 |
| 34 | FSLR | First Solar Inc | 0% | — | 不变 |
| 35 | WFC | Wells Fargo & Co | 0% | +7.07% | 加仓 |
| 36 | CVS | Cvs Health CORP | 0% | +1.71% | 加仓 |
| 37 | WELL | Welltower Inc | 0% | +16.28% | 加仓 |
| 38 | PFE | Pfizer Inc | 0% | +15.03% | 加仓 |
| 39 | GE | General Electric | 0% | -7.49% | 减仓 |
| 40 | GEV | GE Vernova Inc | 0% | +6.91% | 加仓 |
| 41 | QQQ | Invesco Qqq Trust Series 1 | 0% | +75.61% | 加仓 |
| 42 | AFL | Aflac Inc | 0% | +8.42% | 加仓 |
| 43 | HD | Home Depot Inc | 0% | -6.19% | 减仓 |
| 44 | RTX | Rtx CORP | 0% | — | 减仓 |
| 45 | NOC | Northrop Grumman CORP | 0% | -1.79% | 减仓 |
| 46 | ETN | Eaton Corporation plc | 0% | -1.78% | 减仓 |
| 47 | UBS | UBS Group AG | 0% | — | 不变 |
| 48 | BA | Boeing Co/the | 0% | — | 不变 |
| 49 | PLTR | Palantir Technologies Inc-a | 0% | -23.81% | 减仓 |
| 50 | AXP | American Express Co | 0% | -13.12% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Cullinan Associates Inc 在 Q3 2025 季度的美股持仓总市值约为 US$13.2亿，共申报了 213 个公开持股仓位。
在 Q3 2025 季度，Cullinan Associates Inc 按市值排列的前三大核心持股分别为：AAPL (7.5%)、MSFT (6.0%)、KO (5.9%)。其中最大持股仓位 AAPL 占据整体投资组合约 7.5% 的权重。
在 Q3 2025 季度中，Cullinan Associates Inc 共进行了 142 项持仓异动，包含新建仓 9 个仓位、加仓 29 个仓位、减仓 92 个仓位以及清仓 12 个仓位。 其中最大新建仓标的为 APP。 本季清仓仓位包含 HIMS。
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。
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。
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。