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: 0001839498
申报总市值
US$2.5亿
US$2.5亿
38 檔
28.3%
Q3 2025 季度申报显示，DCM Advisors, LLC 披露的美股组合总市值为 US$2.5亿，涵盖 38 个不同之权益投资仓位。
在 Q3 2025，DCM Advisors, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 3 个新仓位，并对 29 个既有持股进行加仓（合计增持 32 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，DCM Advisors, LLC 的前 5 大核心持股（包含 MSFT, AAPL, ORCL 等）合计占整体申报市值的 28.3%，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 | MSFT | Microsoft CORP | 股票-科技 | 7.50% | -0.45% | -5.76% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.69% | +0.13% | -4.14% | |
| 3 | ORCL | Oracle CORP | 股票-科技 | 5.59% | -0.29% | -19.29% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通信服务 | 5.33% | -0.51% | -3.59% | |
| 5 | GS | Goldman Sachs Group Inc | 股票-金融 | 5.15% | +0.31% | -12.66% | |
| 6 | MS | Morgan Stanley | 股票-金融 | 4.69% | +0.59% | -4.01% | |
| 7 | DIS | Walt Disney Co/the | 股票-通信服务 | 4.55% | -0.26% | -3.76% | |
| 8 | AXP | American Express Co | 股票-金融 | 4.34% | +0.04% | -4.37% | |
| 9 | BAC | Bank Of America CORP | 股票-金融 | 4.30% | +0.22% | -4.08% | |
| 10 | WFC | Wells Fargo & Co | 股票-金融 | 4.15% | -0.26% | -4.14% | |
| 11 | JPM | Jpmorgan Chase & Co | 股票-金融 | 4.02% | — | -4.23% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.65% | +0.06% | -3.80% | |
| 13 | DELL | Dell Technologies -c | 股票-科技 | 3.64% | -0.26% | -5.09% | |
| 14 | AIG | American International Group | 股票-金融 | 3.62% | -0.26% | -4.21% | |
| 15 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 3.08% | -0.49% | +0.01% | |
| 16 | MPC | Marathon Petroleum CORP | 股票-能源 | 2.73% | -0.24% | -3.37% | |
| 17 | ABBV | Abbvie Inc | 股票-医疗保健 | 2.72% | +0.09% | -0.28% | |
| 18 | RTX | Rtx CORP | 股票-工业 | 2.55% | -0.38% | -2.93% | |
| 19 | CVS | Cvs Health CORP | 股票-医疗保健 | 2.31% | +0.68% | -3.83% | |
| 20 | CMCSA | Comcast Corp-class A | 股票-通信服务 | 2.30% | -0.85% | -7.01% | |
| 21 | RH | Rh | 股票-周期性消费 | 2.27% | +0.18% | -10.45% | |
| 22 | CSX | Csx CORP | 股票-工业 | 1.70% | +0.10% | -4.19% | |
| 23 | PM | Philip Morris International | 股票-非周期性消费 | 1.67% | -0.03% | -0.27% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.66% | +0.08% | -8.64% | |
| 25 | MCD | Mcdonald's CORP | 股票-周期性消费 | 1.48% | -0.36% | -4.27% | |
| 26 | PSX | Phillips 66 | 股票-能源 | 1.20% | -0.28% | -4.21% | |
| 27 | BA | Boeing Co/the | 股票-工业 | 1.11% | -0.03% | -2.54% | |
| 28 | T | At&t Inc | 股票-通信服务 | 1.10% | -0.39% | -8.78% | |
| 29 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.84% | -0.28% | -3.44% | |
| 30 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.81% | -0.21% | -4.11% | |
| 31 | COP | Conocophillips | 股票-能源 | 0.75% | -0.32% | -4.38% | |
| 32 | USB | US Bancorp | 股票-金融 | 0.68% | -0.79% | EXIT | |
| 33 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.66% | -0.05% | -4.11% | |
| 34 | PFE | Pfizer Inc | 股票-医疗保健 | 0.35% | +1.55% | +3.57% | |
| 35 | TRIP | Tripadvisor Inc | 股票-其他 | 0.32% | +1.18% | — | |
| 36 | ARCC | Ares Capital CORP | 股票-金融 | 0.18% | -0.02% | -1.76% | |
| 37 | SABR | Sabre CORP | 股票-科技 | 0.17% | — | — | |
| 38 | OBDC | Blue Owl Capital CORP | 股票-金融 | 0.12% | -0.02% | +0.45% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ORCL | Oracle CORP | +1.7% | -19.29% | 减仓 |
| 2 | DELL | Dell Technologies -c | +1% | -5.09% | 加仓 |
| 3 | MSFT | Microsoft CORP | +0.7% | -5.76% | 加仓 |
| 4 | MS | Morgan Stanley | +0.6% | -4.01% | 加仓 |
| 5 | GS | Goldman Sachs Group Inc | +0.5% | -12.66% | 减仓 |
| 6 | GOOG | Alphabet Inc-cl C | +0.5% | -8.64% | 加仓 |
| 7 | GOOGL | Alphabet Inc-cl A | +0.5% | +0.01% | 减仓 |
| 8 | JPM | Jpmorgan Chase & Co | +0.3% | -4.23% | 加仓 |
| 9 | META | Meta Platforms Inc-class A | +0.3% | -3.59% | 加仓 |
| 10 | MPC | Marathon Petroleum CORP | +0.2% | -3.37% | 加仓 |
| 11 | BAC | Bank Of America CORP | +0.2% | -4.08% | 加仓 |
| 12 | RTX | Rtx CORP | +0.1% | -2.93% | 加仓 |
| 13 | BA | Boeing Co/the | +0.1% | -2.54% | 加仓 |
| 14 | CSX | Csx CORP | 0% | -4.19% | 加仓 |
| 15 | AXP | American Express Co | 0% | -4.37% | 加仓 |
| 16 | PFE | Pfizer Inc | 0% | +3.57% | 加仓 |
| 17 | USB | US Bancorp | 0% | -5.56% | 减仓 |
| 18 | DIS | Walt Disney Co/the | -0.1% | -3.76% | 加仓 |
| 19 | WFC | Wells Fargo & Co | -0.1% | -4.14% | 加仓 |
| 20 | OBDC | Blue Owl Capital CORP | -0.1% | +0.45% | 减仓 |
| 21 | ARCC | Ares Capital CORP | -0.1% | -1.76% | 加仓 |
| 22 | PSX | Phillips 66 | -0.1% | -4.21% | 加仓 |
| 23 | ABBV | Abbvie Inc | -0.2% | -0.28% | 加仓 |
| 24 | T | At&t Inc | -0.2% | -8.78% | 加仓 |
| 25 | CVS | Cvs Health CORP | -0.2% | -3.83% | 加仓 |
| 26 | PM | Philip Morris International | -0.2% | -0.27% | 加仓 |
| 27 | PEP | Pepsico Inc | -0.2% | -4.11% | 加仓 |
| 28 | COP | Conocophillips | -0.3% | -4.38% | 加仓 |
| 29 | VZ | Verizon Communications Inc | -0.3% | -3.44% | 减仓 |
| 30 | MCD | Mcdonald's CORP | -0.4% | -4.27% | 加仓 |
| 31 | AAPL | Apple Inc | -0.4% | -4.14% | 加仓 |
| 32 | RH | Rh | -0.6% | -10.45% | 加仓 |
| 33 | CMCSA | Comcast Corp-class A | -0.8% | -7.01% | 加仓 |
| 34 | BRK-B | Berkshire Hathaway Inc-cl B | -1.2% | -3.80% | 加仓 |
| 35 | AIG | American International Group | -1.3% | -4.21% | 加仓 |
| 36 | NVDA | Nvidia CORP | — | EXIT | 清仓 |
| 37 | PG | Procter & Gamble Co/the | — | NEW | 新建仓 |
| 38 | TRIP | Tripadvisor Inc | — | NEW | 新建仓 |
| 39 | SABR | Sabre CORP | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，DCM Advisors, LLC 在 Q3 2025 季度的美股持仓总市值约为 US$2.5亿，共申报了 38 个公开持股仓位。
在 Q3 2025 季度，DCM Advisors, LLC 按市值排列的前三大核心持股分别为：MSFT (7.5%)、AAPL (6.7%)、ORCL (5.6%)。其中最大持股仓位 MSFT 占据整体投资组合约 7.5% 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
PG
市值: US$156.1万
本季最大获利了结 / 清仓标的
NVDA
前期市值: US$226.9万
在 Q3 2025 季度中，DCM Advisors, LLC 共进行了 39 项持仓异动，包含新建仓 3 个仓位、加仓 29 个仓位、减仓 6 个仓位以及清仓 1 个仓位。 其中最大新建仓标的为 PG。 本季清仓仓位包含 NVDA。
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。