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: 0000767684
申报总市值
US$10.2万
US$10.2万
76 檔
9517.7%
Delphi Management Inc /ma/ 在 Q4 2025 季度的美股仓位总计估值为 US$10.2万，分散于 76 个持仓标的之中，反映其市场参与广度与投资规模。
在 Q4 2025，Delphi Management Inc /ma/ 展现出较为审慎的避险与获利了结姿态。本季共减仓 46 个仓位并完全清仓 11 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，Delphi Management Inc /ma/ 的前 5 大核心持股（包含 BRK-B, AAPL, EXPE 等）合计占整体申报市值的 9517.7%，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 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 2.46% | -0.12% | -2.88% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 2.15% | -0.17% | -3.42% | |
| 3 | EXPE | Expedia Group Inc | 股票-周期性消费 | 1.64% | +0.21% | -17.20% | |
| 4 | TPR | Tapestry Inc | 股票-周期性消费 | 1.63% | -0.21% | -6.52% | |
| 5 | GS | Goldman Sachs Group Inc | 股票-金融 | 1.60% | +0.02% | -8.58% | |
| 6 | CB | Chubb Limited | 股票-金融 | 1.58% | -0.16% | +13.29% | |
| 7 | NVS | Novartis Ag-sponsored Adr | 股票-医疗保健 | 1.57% | -0.24% | -2.83% | |
| 8 | SDZNY | Sandoz Group Ag-adr | 股票-其他 | 1.56% | -0.09% | -9.51% | |
| 9 | JHG | Janus Henderson Group plc | 股票-金融 | 1.56% | — | -2.96% | |
| 10 | MS | Morgan Stanley | 股票-金融 | 1.55% | +0.05% | -9.85% | |
| 11 | ASX | Ase Technology Holding -adr | 股票-科技 | 1.54% | +0.28% | -25.10% | |
| 12 | JBL | Jabil Inc | 股票-科技 | 1.54% | +0.02% | -2.03% | |
| 13 | USB | US Bancorp | 股票-金融 | 1.53% | -0.03% | -1.85% | |
| 14 | SF | Stifel Financial CORP | 股票-金融 | 1.52% | -0.04% | -2.50% | |
| 15 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 1.52% | -0.23% | +3.57% | |
| 16 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.52% | +0.03% | -3.27% | |
| 17 | TXT | Textron Inc | 股票-工业 | 1.52% | -0.11% | -2.12% | |
| 18 | CAC | Camden National CORP | 股票-其他 | 1.51% | -0.13% | -0.69% | |
| 19 | FR | First Industrial Realty Tr | 股票-房地产 | 1.51% | -0.17% | -0.33% | |
| 20 | AXP | American Express Co | 股票-金融 | 1.51% | +0.02% | -9.95% | |
| 21 | SANM | Sanmina CORP | 股票-科技 | 1.50% | +0.25% | -21.66% | |
| 22 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.49% | +0.07% | -3.03% | |
| 23 | MTB | M & T Bank CORP | 股票-金融 | 1.48% | -0.03% | — | |
| 24 | ✓ | Ituran Location And Control | 股票-其他 | 1.48% | -0.15% | -2.48% | |
| 25 | DIS | Walt Disney Co/the | 股票-通信服务 | 1.46% | -0.04% | +6.37% | |
| 26 | GHC | Graham Holdings Co-class B | 股票-工业 | 1.46% | -0.18% | -1.37% | |
| 27 | CCK | Crown Holdings Inc | 股票-周期性消费 | 1.46% | -0.12% | — | |
| 28 | CAKE | Cheesecake Factory Inc/the | 股票-周期性消费 | 1.45% | +0.10% | +29.72% | |
| 29 | HIG | Hartford Insurance Group Inc | 股票-金融 | 1.45% | -0.05% | +4.17% | |
| 30 | SNX | TD Synnex CORP | 股票-科技 | 1.45% | -0.19% | -5.81% | |
| 31 | FLEX | Flex Ltd. | 股票-科技 | 1.44% | -0.31% | -10.04% | |
| 32 | RL | Ralph Lauren CORP | 股票-周期性消费 | 1.44% | -0.06% | -15.74% | |
| 33 | HTGC | Hercules Capital Inc | 股票-金融 | 1.44% | -0.13% | +5.11% | |
| 34 | AZZ | Azz Inc | 股票-工业 | 1.44% | -0.04% | -3.33% | |
| 35 | RNR | RenaissanceRe Holdings Ltd. | 股票-金融 | 1.43% | -0.04% | -1.10% | |
| 36 | UNTY | Unity Bancorp Inc | 股票-其他 | 1.43% | -0.10% | -2.08% | |
| 37 | NXST | Nexstar Media Group Inc | 股票-通信服务 | 1.43% | +0.14% | +8.34% | |
| 38 | PUBGY | Publicis Groupe-adr | 股票-其他 | 1.42% | -0.06% | -2.17% | |
| 39 | DELL | Dell Technologies -c | 股票-科技 | 1.42% | +0.17% | +7.58% | |
| 40 | STAG | Stag Industrial Inc | 股票-房地产 | 1.42% | -0.06% | +1.59% | |
| 41 | INGR | Ingredion Inc | 股票-非周期性消费 | 1.40% | -1.39% | EXIT | |
| 42 | LDOS | Leidos Holdings Inc | 股票-科技 | 1.39% | -1.17% | EXIT | |
| 43 | THG | Hanover Insurance Group Inc/ | 股票-金融 | 1.39% | — | +1.27% | |
| 44 | AMTM | Amentum Holdings Inc | 股票-工业 | 1.39% | -0.06% | — | |
| 45 | LH | Labcorp Holdings Inc | 股票-医疗保健 | 1.38% | -0.01% | +6.55% | |
| 46 | FAF | First American Financial | 股票-金融 | 1.37% | -0.09% | +3.11% | |
| 47 | BATRK | Atlanta Braves Holdings In-c | 股票-其他 | 1.37% | -0.18% | +18.18% | |
| 48 | STLD | Steel Dynamics Inc | 股票-原材料 | 1.35% | -0.16% | +399.14% | |
| 49 | AMAT | Applied Materials Inc | 股票-科技 | 1.34% | +0.65% | -34.24% | |
| 50 | NFG | National Fuel Gas Co | 股票-能源 | 1.34% | -0.69% | -1.47% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | STLD | Steel Dynamics Inc | +1.1% | +399.14% | 加仓 |
| 2 | SMP | Standard Motor Prods | +1% | +506.28% | 加仓 |
| 3 | CB | Chubb Limited | +0.4% | +13.29% | 加仓 |
| 4 | CAKE | Cheesecake Factory Inc/the | +0.3% | +29.72% | 加仓 |
| 5 | ✓ | Ituran Location And Control | +0.3% | -2.48% | 减仓 |
| 6 | INGR | Ingredion Inc | +0.2% | +27.65% | 加仓 |
| 7 | CAC | Camden National CORP | +0.2% | -0.69% | 减仓 |
| 8 | FR | First Industrial Realty Tr | +0.2% | -0.33% | 减仓 |
| 9 | BATRK | Atlanta Braves Holdings In-c | +0.2% | +18.18% | 加仓 |
| 10 | SDZNY | Sandoz Group Ag-adr | +0.2% | -9.51% | 减仓 |
| 11 | EXPE | Expedia Group Inc | +0.2% | -17.20% | 减仓 |
| 12 | NXST | Nexstar Media Group Inc | +0.2% | +8.34% | 加仓 |
| 13 | RNR | RenaissanceRe Holdings Ltd. | +0.2% | -1.10% | 减仓 |
| 14 | ASX | Ase Technology Holding -adr | +0.2% | -25.10% | 减仓 |
| 15 | USB | US Bancorp | +0.2% | -1.85% | 减仓 |
| 16 | ANF | Abercrombie & Fitch Co-cl A | +0.2% | -13.78% | 减仓 |
| 17 | EOG | Eog Resources Inc | +0.2% | +18.39% | 加仓 |
| 18 | ARW | Arrow Electronics Inc | +0.2% | +20.85% | 加仓 |
| 19 | SF | Stifel Financial CORP | +0.2% | -2.50% | 减仓 |
| 20 | HIG | Hartford Insurance Group Inc | +0.2% | +4.17% | 加仓 |
| 21 | TPR | Tapestry Inc | +0.2% | -6.52% | 减仓 |
| 22 | AAPL | Apple Inc | +0.2% | -3.42% | 减仓 |
| 23 | TTAM | Titan America SA | +0.2% | +31.03% | 加仓 |
| 24 | DIS | Walt Disney Co/the | +0.1% | +6.37% | 加仓 |
| 25 | STAG | Stag Industrial Inc | +0.1% | +1.59% | 加仓 |
| 26 | PUBGY | Publicis Groupe-adr | +0.1% | -2.17% | 减仓 |
| 27 | NVS | Novartis Ag-sponsored Adr | +0.1% | -2.83% | 减仓 |
| 28 | HTGC | Hercules Capital Inc | +0.1% | +5.11% | 加仓 |
| 29 | JHG | Janus Henderson Group plc | +0.1% | -2.96% | 减仓 |
| 30 | UNTY | Unity Bancorp Inc | +0.1% | -2.08% | 减仓 |
| 31 | JBL | Jabil Inc | +0.1% | -2.03% | 减仓 |
| 32 | EG | Everest Group, Ltd. | +0.1% | +7.62% | 加仓 |
| 33 | SANM | Sanmina CORP | +0.1% | -21.66% | 减仓 |
| 34 | SSNC | Ss&c Technologies Holdings | +0.1% | +3.57% | 加仓 |
| 35 | BHB | Bar Harbor Bankshares | +0.1% | +0.43% | 加仓 |
| 36 | THG | Hanover Insurance Group Inc/ | +0.1% | +1.27% | 加仓 |
| 37 | TXT | Textron Inc | +0.1% | -2.12% | 减仓 |
| 38 | GS | Goldman Sachs Group Inc | +0.1% | -8.58% | 减仓 |
| 39 | BXSL | Blackstone Secured Lending F | +0.1% | +0.92% | 加仓 |
| 40 | MS | Morgan Stanley | +0.1% | -9.85% | 减仓 |
| 41 | AXP | American Express Co | +0.1% | -9.95% | 减仓 |
| 42 | BRK-B | Berkshire Hathaway Inc-cl B | +0.1% | -2.88% | 减仓 |
| 43 | INCY | Incyte CORP | +0.1% | -10.28% | 减仓 |
| 44 | FAF | First American Financial | +0.1% | +3.11% | 加仓 |
| 45 | JPM | Jpmorgan Chase & Co | +0.1% | -3.27% | 减仓 |
| 46 | SNA | Snap-on Inc | 0% | -1.18% | 减仓 |
| 47 | ARCC | Ares Capital CORP | 0% | -0.83% | 减仓 |
| 48 | EXP | Eagle Materials Inc | 0% | +9.50% | 加仓 |
| 49 | GBDC | Golub Capital Bdc Inc | 0% | +1.72% | 加仓 |
| 50 | TOL | Toll Brothers Inc | 0% | -1.97% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Delphi Management Inc /ma/ 在 Q4 2025 季度的美股持仓总市值约为 US$10.2万，共申报了 76 个公开持股仓位。
在 Q4 2025 季度，Delphi Management Inc /ma/ 按市值排列的前三大核心持股分别为：BRK-B (2.5%)、AAPL (2.1%)、EXPE (1.6%)。其中最大持股仓位 BRK-B 占据整体投资组合约 2.5% 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
MTB
市值: US$152.4万
本季最大获利了结 / 清仓标的
DOX
前期市值: US$144.6万
在 Q4 2025 季度中，Delphi Management Inc /ma/ 共进行了 87 项持仓异动，包含新建仓 6 个仓位、加仓 24 个仓位、减仓 46 个仓位以及清仓 11 个仓位。 其中最大新建仓标的为 MTB。 本季清仓仓位包含 DOX。
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。