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: 0001808389
申报总市值
US$22.4亿
US$22.4亿
99 檔
46.8%
在 Q4 2025 的 13F 官方备案中，Delta Accumulation, LLC 管理的美股投资组合规模来到 US$22.4亿，整体持股档数为 99 档。
在 Q4 2025，Delta Accumulation, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 0 个新仓位，并对 25 个既有持股进行加仓（合计增持 25 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Delta Accumulation, LLC 的前 5 大核心持股（包含 JPM, BNY, SPY 等）合计占整体申报市值的 46.8%，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 | JPM | Jpmorgan Chase & Co | 股票-金融 | 19.71% | -9.67% | -73.93% | |
| 2 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 11.91% | +4.78% | +53.16% | |
| 3 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 5.03% | +4.96% | NEW | |
| 4 | CAH | Cardinal Health Inc | 股票-医疗保健 | 4.76% | -6.86% | +53.28% | |
| 5 | TJX | Tjx Companies Inc | 股票-周期性消费 | 4.08% | +2.93% | NEW | |
| 6 | WMT | Walmart Inc | 股票-非周期性消费 | 3.93% | +0.63% | NEW | |
| 7 | WMB | Williams Cos Inc | 股票-能源 | 3.49% | — | +884.71% | |
| 8 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 3.19% | -1.51% | -7.78% | |
| 9 | C | Citigroup Inc | 股票-金融 | 2.63% | -0.75% | +264.10% | |
| 10 | COR | Cencora Inc | 股票-医疗保健 | 2.54% | -4.65% | +107.15% | |
| 11 | BAC | Bank Of America CORP | 股票-金融 | 2.53% | -0.81% | +42.87% | |
| 12 | CMI | Cummins Inc | 股票-工业 | 2.48% | -1.58% | +147.46% | |
| 13 | GD | General Dynamics CORP | 股票-工业 | 2.45% | -3.46% | +18.17% | |
| 14 | WELL | Welltower Inc | 股票-房地产 | 2.34% | +4.05% | NEW | |
| 15 | MCK | Mckesson CORP | 股票-医疗保健 | 2.34% | +0.52% | NEW | |
| 16 | BLKCHF | Blackrock Inc | 股票-其他 | 1.89% | -0.52% | +46.93% | |
| 17 | CSCO | Cisco Systems Inc | 股票-科技 | 1.81% | -0.07% | +92.28% | |
| 18 | RTX | Rtx CORP | 股票-工业 | 1.36% | +0.41% | NEW | |
| 19 | CBOE | Cboe Global Markets Inc | 股票-金融 | 1.14% | -1.73% | +70.59% | |
| 20 | PGR | Progressive CORP | 股票-金融 | 1.06% | +0.26% | NEW | |
| 21 | FAST | Fastenal Co | 股票-工业 | 1.01% | — | -15.94% | |
| 22 | MSFT | Microsoft CORP | 股票-科技 | 1.00% | +0.28% | NEW | |
| 23 | ABBV | Abbvie Inc | 股票-医疗保健 | 1.00% | — | +30.23% | |
| 24 | PM | Philip Morris International | 股票-非周期性消费 | 0.77% | +0.19% | NEW | |
| 25 | T | At&t Inc | 股票-通信服务 | 0.70% | — | +1989.68% | |
| 26 | LMT | Lockheed Martin CORP | 股票-工业 | 0.69% | +1.07% | NEW | |
| 27 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 0.68% | -1.22% | +50.00% | |
| 28 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.67% | -0.16% | +88.30% | |
| 29 | MS | Morgan Stanley | 股票-金融 | 0.64% | +2.10% | NEW | |
| 30 | ALL | Allstate CORP | 股票-金融 | 0.63% | — | -45.32% | |
| 31 | WFC | Wells Fargo & Co | 股票-金融 | 0.60% | — | NEW | |
| 32 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.54% | +0.47% | +93.18% | |
| 33 | AAPL | Apple Inc | 股票-科技 | 0.53% | -0.01% | +202.70% | |
| 34 | AXP | American Express Co | 股票-金融 | 0.49% | — | +38.99% | |
| 35 | CHRW | C.h. Robinson Worldwide Inc | 股票-工业 | 0.48% | -0.74% | +29.10% | |
| 36 | NOC | Northrop Grumman CORP | 股票-工业 | 0.46% | +0.47% | NEW | |
| 37 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 0.46% | +0.14% | NEW | |
| 38 | ICE | Intercontinental Exchange In | 股票-金融 | 0.45% | +0.17% | NEW | |
| 39 | HCA | Hca Healthcare Inc | 股票-医疗保健 | 0.41% | -0.27% | +49.63% | |
| 40 | IBM | Intl Business Machines CORP | 股票-科技 | 0.40% | — | +18.18% | |
| 41 | CLX | Clorox Company | 股票-非周期性消费 | 0.37% | -0.49% | — | |
| 42 | TMUS | T-mobile US Inc | 股票-通信服务 | 0.34% | — | +400.00% | |
| 43 | NSC | Norfolk Southern CORP | 股票-工业 | 0.33% | +0.14% | NEW | |
| 44 | TRV | Travelers Cos Inc/the | 股票-金融 | 0.31% | +0.29% | NEW | |
| 45 | EA | Electronic Arts Inc | 股票-通信服务 | 0.28% | -0.14% | — | |
| 46 | NDAQ | Nasdaq Inc | 股票-金融 | 0.26% | — | — | |
| 47 | USB | US Bancorp | 股票-金融 | 0.23% | — | +100.00% | |
| 48 | WM | Waste Management Inc | 股票-工业 | 0.23% | +0.16% | NEW | |
| 49 | PNC | Pnc Financial Services Group | 股票-金融 | 0.21% | +0.36% | NEW | |
| 50 | MMM | 3m Co | 股票-工业 | 0.20% | — | -33.33% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | WMT | Walmart Inc | +3.3% | — | 不变 |
| 2 | BNY | Bank Of New York Mellon CORP | +3.2% | +53.16% | 加仓 |
| 3 | JPM | Jpmorgan Chase & Co | +2.7% | -73.93% | 减仓 |
| 4 | C | Citigroup Inc | +1.7% | +264.10% | 加仓 |
| 5 | CAH | Cardinal Health Inc | +1.6% | +53.28% | 加仓 |
| 6 | CMI | Cummins Inc | +1.2% | +147.46% | 加仓 |
| 7 | WELL | Welltower Inc | +1.1% | — | 不变 |
| 8 | COR | Cencora Inc | +1% | +107.15% | 加仓 |
| 9 | MCK | Mckesson CORP | +0.8% | — | 不变 |
| 10 | CSCO | Cisco Systems Inc | +0.6% | +92.28% | 加仓 |
| 11 | RTX | Rtx CORP | +0.5% | — | 不变 |
| 12 | TJX | Tjx Companies Inc | +0.5% | — | 不变 |
| 13 | BAC | Bank Of America CORP | +0.3% | +42.87% | 加仓 |
| 14 | GS | Goldman Sachs Group Inc | +0.3% | +88.30% | 加仓 |
| 15 | NOC | Northrop Grumman CORP | +0.3% | — | 不变 |
| 16 | AAPL | Apple Inc | +0.2% | +202.70% | 加仓 |
| 17 | CBOE | Cboe Global Markets Inc | +0.2% | +70.59% | 加仓 |
| 18 | TRV | Travelers Cos Inc/the | +0.2% | — | 不变 |
| 19 | WMB | Williams Cos Inc | +0.2% | +884.71% | 加仓 |
| 20 | USB | US Bancorp | +0.1% | +100.00% | 加仓 |
| 21 | TFC | Truist Financial CORP | +0.1% | +1451.54% | 加仓 |
| 22 | IWM | Ishares Russell 2000 ETF | +0.1% | +93.18% | 加仓 |
| 23 | NSC | Norfolk Southern CORP | +0.1% | — | 不变 |
| 24 | AXP | American Express Co | 0% | +38.99% | 加仓 |
| 25 | CHRW | C.h. Robinson Worldwide Inc | 0% | +29.10% | 加仓 |
| 26 | HCA | Hca Healthcare Inc | 0% | +49.63% | 加仓 |
| 27 | MS | Morgan Stanley | — | — | 不变 |
| 28 | WFC | Wells Fargo & Co | 0% | -42.89% | 减仓 |
| 29 | IBM | Intl Business Machines CORP | 0% | +18.18% | 加仓 |
| 30 | BLKCHF | Blackrock Inc | -0.1% | +46.93% | 加仓 |
| 31 | ABBV | Abbvie Inc | -0.1% | +30.23% | 加仓 |
| 32 | BMY | Bristol-myers Squibb Co | -0.2% | -100.00% | 减仓 |
| 33 | PAYX | Paychex Inc | -0.3% | — | 不变 |
| 34 | QQQ | Invesco Qqq Trust Series 1 | -0.3% | +0.05% | 加仓 |
| 35 | DE | Deere & Co | -0.4% | -51.49% | 减仓 |
| 36 | CLX | Clorox Company | -0.5% | — | 不变 |
| 37 | STZ | Constellation Brands Inc-a | -0.6% | -50.00% | 减仓 |
| 38 | GD | General Dynamics CORP | -0.6% | +18.17% | 加仓 |
| 39 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.7% | — | 不变 |
| 40 | LMT | Lockheed Martin CORP | -0.8% | -40.46% | 减仓 |
| 41 | TMUS | T-mobile US Inc | -0.8% | +400.00% | 加仓 |
| 42 | ALL | Allstate CORP | -1% | -45.32% | 减仓 |
| 43 | T | At&t Inc | -1% | +1989.68% | 加仓 |
| 44 | MSFT | Microsoft CORP | -1.2% | +0.07% | 加仓 |
| 45 | ICE | Intercontinental Exchange In | -1.3% | -61.36% | 减仓 |
| 46 | PM | Philip Morris International | -1.6% | -41.09% | 减仓 |
| 47 | COST | Costco Wholesale CORP | -2.4% | -7.78% | 减仓 |
| 48 | CME | Cme Group Inc | — | EXIT | 清仓 |
| 49 | LNG | Cheniere Energy Inc | — | EXIT | 清仓 |
| 50 | AIG | American International Group | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Delta Accumulation, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$22.4亿，共申报了 99 个公开持股仓位。
在 Q4 2025 季度，Delta Accumulation, LLC 按市值排列的前三大核心持股分别为：JPM (19.7%)、BNY (11.9%)、SPY (5.0%)。其中最大持股仓位 JPM 占据整体投资组合约 19.7% 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。
本季最大获利了结 / 清仓标的
CME
前期市值: US$1765.2万
在 Q4 2025 季度中，Delta Accumulation, LLC 共进行了 38 项持仓异动，包含新建仓 0 个仓位、加仓 25 个仓位、减仓 10 个仓位以及清仓 3 个仓位。 本季清仓仓位包含 CME。
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。