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: 0001054425
申报总市值
US$8.2亿
US$8.2亿
76 檔
43.4%
在 Q3 2025 申报期间，Dillon & Associates Inc（CIK: 0001054425）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$8.2亿，共持有 76 个公开申报仓位。
在 Q3 2025，Dillon & Associates Inc 展现出较为审慎的避险与获利了结姿态。本季共减仓 24 个仓位并完全清仓 4 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，Dillon & Associates Inc 的前 5 大核心持股（包含 NVDA, AAPL, GOOGL 等）合计占整体申报市值的 43.4%，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 | NVDA | Nvidia CORP | 股票-科技 | 21.94% | +0.19% | -2.79% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 8.44% | +0.05% | -2.85% | |
| 3 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 6.08% | +0.75% | -0.39% | |
| 4 | V | Visa Inc-class A Shares | 股票-金融 | 5.10% | +0.10% | -0.24% | |
| 5 | SYK | Stryker CORP | 股票-医疗保健 | 4.03% | -0.32% | +0.34% | |
| 6 | ABT | Abbott Laboratories | 股票-医疗保健 | 3.83% | -0.47% | +1.64% | |
| 7 | PANW | Palo Alto Networks Inc | 股票-科技 | 2.99% | +2.58% | +5.70% | |
| 8 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.73% | +0.12% | +1.59% | |
| 9 | ORLY | O'reilly Automotive Inc | 股票-周期性消费 | 2.66% | -0.28% | -0.60% | |
| 10 | ADP | Automatic Data Processing | 股票-科技 | 2.61% | +0.06% | +0.03% | |
| 11 | LOW | Lowe's Cos Inc | 股票-周期性消费 | 2.41% | -0.53% | -0.20% | |
| 12 | NVO | Novo-nordisk A/s-spons Adr | 股票-医疗保健 | 2.21% | -0.71% | +2.64% | |
| 13 | APD | Air Products & Chemicals Inc | 股票-原材料 | 2.01% | -0.23% | -0.41% | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.90% | +0.20% | -1.82% | |
| 15 | CASY | Casey's General Stores Inc | 股票-周期性消费 | 1.87% | -0.01% | +25.08% | |
| 16 | NSC | Norfolk Southern CORP | 股票-工业 | 1.86% | -0.04% | -0.04% | |
| 17 | ECL | Ecolab Inc | 股票-原材料 | 1.84% | +0.12% | -0.03% | |
| 18 | PAYC | Paycom Software Inc | 股票-科技 | 1.82% | -0.72% | +10.90% | |
| 19 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 1.64% | -0.19% | +5.31% | |
| 20 | CMG | Chipotle Mexican Grill Inc | 股票-周期性消费 | 1.56% | -0.65% | +8.47% | |
| 21 | FISV | Fiserv Inc | 股票-其他 | 1.54% | — | +5.12% | |
| 22 | DHR | Danaher CORP | 股票-医疗保健 | 1.38% | -0.16% | +13.77% | |
| 23 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.36% | -0.32% | +0.06% | |
| 24 | MSFT | Microsoft CORP | 股票-科技 | 1.18% | +0.01% | +1.29% | |
| 25 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.15% | -0.13% | -2.14% | |
| 26 | ETN | Eaton Corporation plc | 股票-工业 | 1.00% | +0.15% | +10.99% | |
| 27 | CRM | Salesforce Inc | 股票-科技 | 0.93% | -0.62% | -0.64% | |
| 28 | SBUX | Starbucks CORP | 股票-周期性消费 | 0.90% | -0.15% | -4.79% | |
| 29 | CNI | Canadian Natl Railway Co | 股票-工业 | 0.89% | +0.03% | -0.92% | |
| 30 | RTX | Rtx CORP | 股票-工业 | 0.82% | -0.13% | -0.59% | |
| 31 | PAYX | Paychex Inc | 股票-科技 | 0.77% | -0.24% | -0.42% | |
| 32 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.66% | -0.12% | +0.56% | |
| 33 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.65% | -0.15% | -23.12% | |
| 34 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.64% | -0.01% | -0.69% | |
| 35 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.59% | +0.64% | +41.27% | |
| 36 | HD | Home Depot Inc | 股票-周期性消费 | 0.58% | -0.06% | -1.77% | |
| 37 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.57% | -0.06% | -0.36% | |
| 38 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.37% | -0.10% | -1.23% | |
| 39 | MNST | Monster Beverage CORP | 股票-非周期性消费 | 0.36% | +0.15% | +3.76% | |
| 40 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.36% | -0.04% | -0.03% | |
| 41 | REGN | Regeneron Pharmaceuticals | 股票-医疗保健 | 0.35% | -0.16% | -63.30% | |
| 42 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 0.30% | -0.05% | -3.96% | |
| 43 | AZNN | Astrazeneca Plc-spons Adr | 股票-其他 | 0.25% | -0.39% | EXIT | |
| 44 | GNRC | Generac Holdings Inc | 股票-工业 | 0.25% | +0.05% | -12.55% | |
| 45 | WMT | Walmart Inc | 股票-非周期性消费 | 0.22% | -0.05% | -1.78% | |
| 46 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.21% | +0.01% | +0.43% | |
| 47 | CELH | Celsius Holdings Inc | 股票-非周期性消费 | 0.19% | -0.01% | +7.58% | |
| 48 | HON | Honeywell International Inc | 股票-工业 | 0.19% | -0.21% | EXIT | |
| 49 | ASML | ASML Holding N.V. | 股票-科技 | 0.18% | +0.11% | +4.37% | |
| 50 | SYY | Sysco CORP | 股票-非周期性消费 | 0.16% | — | -11.51% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +6.6% | -2.79% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +1.6% | -0.39% | 加仓 |
| 3 | CASY | Casey's General Stores Inc | +0.8% | +25.08% | 加仓 |
| 4 | ETN | Eaton Corporation plc | +0.5% | +10.99% | 加仓 |
| 5 | GOOG | Alphabet Inc-cl C | +0.5% | -1.82% | 减仓 |
| 6 | PANW | Palo Alto Networks Inc | +0.3% | +5.70% | 加仓 |
| 7 | LLY | Eli Lilly & Co | +0.3% | +41.27% | 加仓 |
| 8 | MSFT | Microsoft CORP | +0.2% | +1.29% | 加仓 |
| 9 | AMZN | Amazon.com Inc | +0.2% | +1.59% | 加仓 |
| 10 | NSC | Norfolk Southern CORP | +0.2% | -0.04% | 减仓 |
| 11 | META | Meta Platforms Inc-class A | +0.1% | -2.14% | 减仓 |
| 12 | RTX | Rtx CORP | +0.1% | -0.59% | 加仓 |
| 13 | JPM | Jpmorgan Chase & Co | +0.1% | -0.69% | 减仓 |
| 14 | ASML | ASML Holding N.V. | 0% | +4.37% | 减仓 |
| 15 | CELH | Celsius Holdings Inc | 0% | +7.58% | 减仓 |
| 16 | NEE | Nextera Energy Inc | — | +0.56% | 加仓 |
| 17 | MNST | Monster Beverage CORP | — | +3.76% | 加仓 |
| 18 | JNJ | Johnson & Johnson | 0% | -0.36% | 减仓 |
| 19 | COST | Costco Wholesale CORP | 0% | +0.06% | 加仓 |
| 20 | HD | Home Depot Inc | -0.1% | -1.77% | 减仓 |
| 21 | ORLY | O'reilly Automotive Inc | -0.1% | -0.60% | 加仓 |
| 22 | DHR | Danaher CORP | -0.1% | +13.77% | 加仓 |
| 23 | ADBE | Adobe Inc | -0.1% | -32.81% | 减仓 |
| 24 | PAYC | Paycom Software Inc | -0.1% | +10.90% | 加仓 |
| 25 | ECL | Ecolab Inc | -0.1% | -0.03% | 加仓 |
| 26 | CL | Colgate-palmolive Co | -0.1% | -3.96% | 减仓 |
| 27 | PG | Procter & Gamble Co/the | -0.1% | -0.03% | 减仓 |
| 28 | MDLZ | Mondelez International Inc-a | -0.1% | -34.88% | 减仓 |
| 29 | ROK | Rockwell Automation Inc | -0.2% | +1.86% | 减仓 |
| 30 | LOW | Lowe's Cos Inc | -0.2% | -0.20% | 减仓 |
| 31 | CRM | Salesforce Inc | -0.2% | -0.64% | 加仓 |
| 32 | ISRG | Intuitive Surgical Inc | -0.3% | +5.31% | 加仓 |
| 33 | AAPL | Apple Inc | -0.4% | -2.85% | 减仓 |
| 34 | PAYX | Paychex Inc | -0.4% | -0.42% | 减仓 |
| 35 | SBUX | Starbucks CORP | -0.4% | -4.79% | 减仓 |
| 36 | ABT | Abbott Laboratories | -0.4% | +1.64% | 加仓 |
| 37 | STZ | Constellation Brands Inc-a | -0.5% | -56.90% | 减仓 |
| 38 | CMG | Chipotle Mexican Grill Inc | -0.5% | +8.47% | 加仓 |
| 39 | APD | Air Products & Chemicals Inc | -0.5% | -0.41% | 减仓 |
| 40 | ADP | Automatic Data Processing | -0.5% | +0.03% | 减仓 |
| 41 | PEP | Pepsico Inc | -0.8% | -23.12% | 减仓 |
| 42 | NVO | Novo-nordisk A/s-spons Adr | -0.8% | +2.64% | 加仓 |
| 43 | REGN | Regeneron Pharmaceuticals | -0.9% | -63.30% | 减仓 |
| 44 | V | Visa Inc-class A Shares | -1% | -0.24% | 减仓 |
| 45 | FISV | Fiserv Inc | -1.1% | +5.12% | 加仓 |
| 46 | PYPL | Paypal Holdings Inc | — | EXIT | 清仓 |
| 47 | CMCSA | Comcast Corp-class A | — | EXIT | 清仓 |
| 48 | TGT | Target CORP | — | EXIT | 清仓 |
| 49 | MRK | Merck & Co. Inc. | — | EXIT | 清仓 |
| 50 | PLTR | Palantir Technologies Inc-a | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Dillon & Associates Inc 在 Q3 2025 季度的美股持仓总市值约为 US$8.2亿，共申报了 76 个公开持股仓位。
在 Q3 2025 季度，Dillon & Associates Inc 按市值排列的前三大核心持股分别为：NVDA (21.9%)、AAPL (8.4%)、GOOGL (6.1%)。其中最大持股仓位 NVDA 占据整体投资组合约 21.9% 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
PLTR
市值: US$23.8万
本季最大获利了结 / 清仓标的
PYPL
前期市值: US$36.3万
在 Q3 2025 季度中，Dillon & Associates Inc 共进行了 50 项持仓异动，包含新建仓 1 个仓位、加仓 21 个仓位、减仓 24 个仓位以及清仓 4 个仓位。 其中最大新建仓标的为 PLTR。 本季清仓仓位包含 PYPL。
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。