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
211 檔
32.1%
根据最新整理的 13F 季度数据集，Cullinan Associates Inc 于 Q4 2025 结束时的管理资产规模为 US$13.2亿。该机构在本季度申报了 211 档美股持仓，呈现出该时期的主要投资地图。
在 Q4 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 79 个仓位并完全清仓 7 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, KO, MSFT 等）合计占整体申报市值的 32.1%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 211 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 | 8.23% | +0.13% | -1.00% | |
| 2 | KO | Coca-cola Co/the | 股票-非周期性消费 | 6.47% | -1.12% | -0.39% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 5.83% | -0.74% | +0.38% | |
| 4 | SPGI | S&p Global Inc | 股票-金融 | 4.32% | -0.45% | +3.13% | |
| 5 | WMT | Walmart Inc | 股票-非周期性消费 | 3.93% | -0.21% | -4.43% | |
| 6 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.72% | -0.22% | +3.77% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.69% | -0.14% | +2.27% | |
| 8 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 2.63% | +0.22% | +4.01% | |
| 9 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 2.52% | -0.18% | -1.18% | |
| 10 | IBM | Intl Business Machines CORP | 股票-科技 | 2.39% | +0.03% | -4.58% | |
| 11 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.16% | +0.93% | +12.03% | |
| 12 | XOM | Exxon Mobil CORP | 股票-能源 | 2.05% | -3.10% | EXIT | |
| 13 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.04% | +0.29% | +15.27% | |
| 14 | VRTX | Vertex Pharmaceuticals Inc | 股票-医疗保健 | 1.58% | +0.07% | -0.19% | |
| 15 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.52% | +0.28% | -14.30% | |
| 16 | ORCL | Oracle CORP | 股票-科技 | 1.50% | -0.13% | +2.77% | |
| 17 | MCD | Mcdonald's CORP | 股票-周期性消费 | 1.33% | -0.43% | -1.59% | |
| 18 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.29% | +0.02% | -1.66% | |
| 19 | CAT | Caterpillar Inc | 股票-工业 | 1.18% | +0.26% | -9.65% | |
| 20 | LRCXEUR | Lam Research CORP | 股票-科技 | 1.13% | +1.00% | — | |
| 21 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 1.10% | -0.22% | -19.28% | |
| 22 | CVX | Chevron CORP | 股票-能源 | 1.09% | -0.45% | -6.09% | |
| 23 | AXP | American Express Co | 股票-金融 | 1.09% | — | -9.10% | |
| 24 | AFL | Aflac Inc | 股票-金融 | 1.06% | -0.01% | +3.05% | |
| 25 | NVDA | Nvidia CORP | 股票-科技 | 1.04% | +0.54% | -26.79% | |
| 26 | AMAT | Applied Materials Inc | 股票-科技 | 1.03% | +1.12% | -4.82% | |
| 27 | EA | Electronic Arts Inc | 股票-通信服务 | 0.98% | -0.02% | -13.51% | |
| 28 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.95% | -0.05% | +4.57% | |
| 29 | QLYS | Qualys Inc | 股票-科技 | 0.93% | +0.34% | — | |
| 30 | TXN | Texas Instruments Inc | 股票-科技 | 0.90% | +0.36% | -7.92% | |
| 31 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.80% | -0.12% | +2.45% | |
| 32 | SO | Southern Co/the | 股票-公用事业 | 0.77% | -0.07% | -0.10% | |
| 33 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.75% | -0.03% | -3.71% | |
| 34 | DE | Deere & Co | 股票-工业 | 0.72% | -0.01% | +11.02% | |
| 35 | CME | Cme Group Inc | 股票-金融 | 0.72% | -0.26% | +9.32% | |
| 36 | KLAC | Kla CORP | 股票-科技 | 0.70% | +0.50% | -4.98% | |
| 37 | HD | Home Depot Inc | 股票-周期性消费 | 0.70% | +0.01% | -3.21% | |
| 38 | AMGN | Amgen Inc | 股票-医疗保健 | 0.69% | -0.07% | -0.96% | |
| 39 | UBER | Uber Technologies Inc | 股票-工业 | 0.68% | -0.05% | +3.67% | |
| 40 | NYT | New York Times Co-a | 股票-通信服务 | 0.68% | -0.15% | -2.39% | |
| 41 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.66% | -0.09% | +5.92% | |
| 42 | LMT | Lockheed Martin CORP | 股票-工业 | 0.65% | -0.24% | -1.75% | |
| 43 | V | Visa Inc-class A Shares | 股票-金融 | 0.64% | +0.15% | -4.67% | |
| 44 | BAC | Bank Of America CORP | 股票-金融 | 0.58% | — | +166.25% | |
| 45 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.58% | +0.10% | -10.79% | |
| 46 | EMR | Emerson Electric Co | 股票-工业 | 0.58% | -0.02% | -6.32% | |
| 47 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.57% | -0.07% | +0.99% | |
| 48 | CHRW | C.h. Robinson Worldwide Inc | 股票-工业 | 0.55% | — | +64.38% | |
| 49 | UPS | United Parcel Service-cl B | 股票-工业 | 0.53% | -0.38% | +9.44% | |
| 50 | QCOM | Qualcomm Inc | 股票-科技 | 0.51% | +0.13% | +6.53% |
| # | 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% | -1.00% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.7% | +2.27% | 加仓 |
| 3 | GOOG | Alphabet Inc-cl C | +0.7% | +12.03% | 加仓 |
| 4 | SPGI | S&p Global Inc | +0.6% | +3.13% | 加仓 |
| 5 | KO | Coca-cola Co/the | +0.6% | -0.39% | 减仓 |
| 6 | JNJ | Johnson & Johnson | +0.5% | +3.77% | 加仓 |
| 7 | AMZN | Amazon.com Inc | +0.4% | +15.27% | 加仓 |
| 8 | BAC | Bank Of America CORP | +0.4% | +166.25% | 加仓 |
| 9 | CHRW | C.h. Robinson Worldwide Inc | +0.3% | +64.38% | 加仓 |
| 10 | LRCXEUR | Lam Research CORP | +0.3% | — | 不变 |
| 11 | VRTX | Vertex Pharmaceuticals Inc | +0.3% | -0.19% | 减仓 |
| 12 | WMT | Walmart Inc | +0.3% | -4.43% | 减仓 |
| 13 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.3% | +4.01% | 加仓 |
| 14 | AMAT | Applied Materials Inc | +0.2% | -4.82% | 减仓 |
| 15 | ASML | ASML Holding N.V. | +0.2% | +766.67% | 加仓 |
| 16 | XOM | Exxon Mobil CORP | +0.2% | -2.26% | 减仓 |
| 17 | UPS | United Parcel Service-cl B | +0.1% | +9.44% | 加仓 |
| 18 | LLY | Eli Lilly & Co | +0.1% | -10.79% | 减仓 |
| 19 | CAT | Caterpillar Inc | +0.1% | -9.65% | 减仓 |
| 20 | MA | Mastercard Inc - A | +0.1% | +72.73% | 加仓 |
| 21 | NYT | New York Times Co-a | +0.1% | -2.39% | 减仓 |
| 22 | AMGN | Amgen Inc | +0.1% | -0.96% | 减仓 |
| 23 | CSCO | Cisco Systems Inc | +0.1% | +8.14% | 加仓 |
| 24 | DE | Deere & Co | +0.1% | +11.02% | 加仓 |
| 25 | CME | Cme Group Inc | +0.1% | +9.32% | 加仓 |
| 26 | IBM | Intl Business Machines CORP | +0.1% | -4.58% | 减仓 |
| 27 | MRK | Merck & Co. Inc. | +0.1% | +1.83% | 加仓 |
| 28 | GS | Goldman Sachs Group Inc | +0.1% | -3.71% | 减仓 |
| 29 | PEP | Pepsico Inc | +0.1% | +20.08% | 加仓 |
| 30 | KLAC | Kla CORP | +0.1% | -4.98% | 减仓 |
| 31 | CMI | Cummins Inc | +0.1% | -0.84% | 减仓 |
| 32 | WFC | Wells Fargo & Co | +0.1% | +7.46% | 加仓 |
| 33 | QCOM | Qualcomm Inc | +0.1% | +6.53% | 加仓 |
| 34 | TJX | Tjx Companies Inc | +0.1% | +0.99% | 加仓 |
| 35 | DIS | Walt Disney Co/the | +0.1% | +5.92% | 加仓 |
| 36 | AFL | Aflac Inc | +0.1% | +3.05% | 加仓 |
| 37 | AXP | American Express Co | +0.1% | -9.10% | 减仓 |
| 38 | PANW | Palo Alto Networks Inc | +0.1% | +275.00% | 加仓 |
| 39 | ISRG | Intuitive Surgical Inc | +0.1% | — | 不变 |
| 40 | DUK | Duke Energy CORP | +0.1% | +22.72% | 加仓 |
| 41 | TRV | Travelers Cos Inc/the | +0.1% | +1.54% | 加仓 |
| 42 | MCD | Mcdonald's CORP | 0% | -1.59% | 减仓 |
| 43 | QLYS | Qualys Inc | 0% | — | 不变 |
| 44 | RTX | Rtx CORP | 0% | -1.03% | 减仓 |
| 45 | BMY | Bristol-myers Squibb Co | 0% | -8.32% | 减仓 |
| 46 | ECL | Ecolab Inc | 0% | +5.86% | 加仓 |
| 47 | FSLR | First Solar Inc | 0% | — | 不变 |
| 48 | TMO | Thermo Fisher Scientific Inc | 0% | — | 不变 |
| 49 | TFC | Truist Financial CORP | 0% | — | 不变 |
| 50 | ADI | Analog Devices Inc | 0% | -1.42% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Cullinan Associates Inc 在 Q4 2025 季度的美股持仓总市值约为 US$13.2亿，共申报了 211 个公开持股仓位。
在 Q4 2025 季度，Cullinan Associates Inc 按市值排列的前三大核心持股分别为：AAPL (8.2%)、KO (6.5%)、MSFT (5.8%)。其中最大持股仓位 AAPL 占据整体投资组合约 8.2% 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
VUG
市值: US$31.9万
本季最大获利了结 / 清仓标的
DOV
前期市值: US$78.4万
在 Q4 2025 季度中，Cullinan Associates Inc 共进行了 131 项持仓异动，包含新建仓 5 个仓位、加仓 40 个仓位、减仓 79 个仓位以及清仓 7 个仓位。 其中最大新建仓标的为 VUG。 本季清仓仓位包含 DOV。
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。