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: 0002021658
申报总市值
US$4.7亿
US$4.7亿
779 檔
18.0%
Hilltop National Bank 在 Q4 2025 季度的美股仓位总计估值为 US$4.7亿，分散于 779 个持仓标的之中，反映其市场参与广度与投资规模。
Hilltop National Bank 在 Q4 2025 进行了结构性的板块轮动与仓位换股。在开立 2 个全新仓位及加仓 23 档持股的同时，亦同步清仓 3 档并减仓 21 档标的。
在资产配置集中度方面，Hilltop National Bank 的前 5 大核心持股（包含 MSFT, EFA, VOO 等）合计占整体申报市值的 18.0%，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 779 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 | MSFT | Microsoft CORP | 股票-科技 | 7.69% | -0.54% | +42.64% | |
| 2 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 3.80% | -0.12% | +1.71% | |
| 3 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 3.18% | +0.12% | -13.95% | |
| 4 | NVDA | Nvidia CORP | 股票-科技 | 3.01% | +0.03% | -3.55% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 2.75% | — | -1.18% | |
| 6 | INFL | Horizon Kinetics Infl Benef | ETF-其他 | 2.68% | -0.48% | +18.67% | |
| 7 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 2.31% | +0.03% | +0.97% | |
| 8 | VOE | Vanguard Mid-cap Value ETF | ETF-其他 | 1.72% | -0.09% | +4.62% | |
| 9 | VWO | Vanguard Ftse Emerging Marke | ETF-新兴市场 | 1.49% | +0.04% | +0.17% | |
| 10 | IAU | Ishares Gold Trust | ETF-避险与商品 | 1.46% | -0.39% | +1.02% | |
| 11 | IWP | Ishares Russell Mid-cap Grow | ETF-其他 | 1.44% | +0.02% | +0.64% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.40% | -0.11% | -2.73% | |
| 13 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.38% | +0.17% | -1.21% | |
| 14 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 1.35% | +0.05% | +3.26% | |
| 15 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.15% | +0.30% | -3.35% | |
| 16 | AVGO | Broadcom Inc | 股票-科技 | 1.12% | +0.09% | -6.35% | |
| 17 | XOM | Exxon Mobil CORP | 股票-能源 | 1.05% | -0.46% | +1.95% | |
| 18 | VBR | Vanguard Small-cap Value ETF | ETF-其他 | 1.03% | +0.01% | +6.86% | |
| 19 | RSP | Invesco S&p 500 Equal Weight | ETF-大型股与成长 | 0.98% | -0.01% | -40.23% | |
| 20 | ANET | Arista Networks Inc | 股票-科技 | 0.97% | +0.19% | -3.88% | |
| 21 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.91% | -0.05% | — | |
| 22 | VBK | Vanguard Small-cap Grwth ETF | ETF-其他 | 0.90% | +0.09% | +5.51% | |
| 23 | IVW | Ishares S&p 500 Growth ETF | ETF-大型股与成长 | 0.90% | +0.02% | -0.10% | |
| 24 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.87% | +0.02% | +7.95% | |
| 25 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.86% | +0.11% | +0.43% | |
| 26 | NFLX | Netflix Inc | 股票-通信服务 | 0.86% | -0.29% | +875.94% | |
| 27 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.77% | -0.14% | -1.60% | |
| 28 | VTV | Vanguard Value ETF | ETF-其他 | 0.74% | — | +1.06% | |
| 29 | WMT | Walmart Inc | 股票-非周期性消费 | 0.74% | -0.15% | -1.74% | |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.71% | +0.04% | +0.40% | |
| 31 | AXP | American Express Co | 股票-金融 | 0.71% | -0.01% | -0.05% | |
| 32 | PWR | Quanta Services Inc | 股票-工业 | 0.70% | +0.14% | -0.22% | |
| 33 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.69% | -0.10% | -4.00% | |
| 34 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.65% | -0.08% | +12.48% | |
| 35 | IBM | Intl Business Machines CORP | 股票-科技 | 0.64% | +0.02% | +3.82% | |
| 36 | KLAC | Kla CORP | 股票-科技 | 0.63% | +0.39% | -4.83% | |
| 37 | SO | Southern Co/the | 股票-公用事业 | 0.62% | -0.07% | +0.98% | |
| 38 | AMP | Ameriprise Financial Inc | 股票-金融 | 0.61% | -0.05% | -1.96% | |
| 39 | TT | Trane Technologies plc | 股票-工业 | 0.60% | +0.03% | -0.38% | |
| 40 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.59% | +0.63% | -3.76% | |
| 41 | PEP | Pepsico Inc | 股票-非周期性消费 | 0.58% | -0.14% | -0.38% | |
| 42 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.57% | -0.04% | +1.24% | |
| 43 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.57% | +0.04% | +10.88% | |
| 44 | AMGN | Amgen Inc | 股票-医疗保健 | 0.54% | -0.35% | -1.14% | |
| 45 | BX | Blackstone Inc | 股票-金融 | 0.54% | -0.05% | +0.70% | |
| 46 | EEMV | Ishares Msci Emg Mkt Min Vol | ETF-其他 | 0.53% | -0.07% | -1.41% | |
| 47 | IJR | Ishares Core S&p Small-cap E | ETF-中小型股 | 0.50% | +0.01% | -3.82% | |
| 48 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.49% | +0.03% | -2.67% | |
| 49 | MDT | Medtronic plc | 股票-医疗保健 | 0.48% | -0.14% | -6.31% | |
| 50 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.48% | +0.02% | +8.93% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.8% | +42.64% | 加仓 |
| 2 | INFL | Horizon Kinetics Infl Benef | +0.4% | +18.67% | 加仓 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -1.21% | 减仓 |
| 4 | AZNN | Astrazeneca Plc-spons Adr | +0.2% | +164.98% | 加仓 |
| 5 | B | Barrick Mining CORP | +0.2% | +18072.63% | 加仓 |
| 6 | GOOGL | Alphabet Inc-cl A | +0.2% | +10.88% | 加仓 |
| 7 | IAU | Ishares Gold Trust | +0.1% | +1.02% | 加仓 |
| 8 | JNJ | Johnson & Johnson | +0.1% | +12.48% | 加仓 |
| 9 | EFA | Ishares Msci Eafe ETF | +0.1% | +1.71% | 加仓 |
| 10 | AAPL | Apple Inc | +0.1% | -1.18% | 减仓 |
| 11 | MU | Micron Technology Inc | +0.1% | — | 不变 |
| 12 | CSCO | Cisco Systems Inc | +0.1% | +15.59% | 加仓 |
| 13 | VOE | Vanguard Mid-cap Value ETF | +0.1% | +4.62% | 加仓 |
| 14 | XOM | Exxon Mobil CORP | +0.1% | +1.95% | 加仓 |
| 15 | JPM | Jpmorgan Chase & Co | +0.1% | +7.95% | 加仓 |
| 16 | VBR | Vanguard Small-cap Value ETF | +0.1% | +6.86% | 加仓 |
| 17 | VTR | Ventas Inc | +0.1% | +1604.13% | 加仓 |
| 18 | ETN | Eaton Corporation plc | +0.1% | +2840.00% | 加仓 |
| 19 | AXP | American Express Co | +0.1% | -0.05% | 减仓 |
| 20 | AMGN | Amgen Inc | +0.1% | -1.14% | 减仓 |
| 21 | ENB | Enbridge Inc | +0.1% | +150.97% | 加仓 |
| 22 | NEM | Newmont CORP | +0.1% | +4.73% | 加仓 |
| 23 | STX | Seagate Technology Holdings plc | +0.1% | -3.76% | 减仓 |
| 24 | VBK | Vanguard Small-cap Grwth ETF | 0% | +5.51% | 加仓 |
| 25 | IVV | Ishares Core S&p 500 ETF | 0% | +0.97% | 加仓 |
| 26 | CL | Colgate-palmolive Co | -0.1% | -71.46% | 减仓 |
| 27 | HAL | Halliburton Co | -0.1% | -82.29% | 减仓 |
| 28 | AIG | American International Group | -0.1% | -76.80% | 减仓 |
| 29 | SYY | Sysco CORP | -0.1% | -96.65% | 减仓 |
| 30 | PEG | Public Service Enterprise Gp | -0.1% | -23.34% | 减仓 |
| 31 | COST | Costco Wholesale CORP | -0.1% | -1.60% | 减仓 |
| 32 | LMT | Lockheed Martin CORP | -0.1% | -28.31% | 减仓 |
| 33 | TMUS | T-mobile US Inc | -0.1% | +1.17% | 加仓 |
| 34 | META | Meta Platforms Inc-class A | -0.1% | -4.00% | 减仓 |
| 35 | ABT | Abbott Laboratories | -0.1% | -18.70% | 减仓 |
| 36 | COP | Conocophillips | -0.1% | -28.15% | 减仓 |
| 37 | 6D8 | Dupont De Nemours Inc | -0.2% | +2.89% | 加仓 |
| 38 | NVDA | Nvidia CORP | -0.2% | -3.55% | 减仓 |
| 39 | ANET | Arista Networks Inc | -0.2% | -3.88% | 减仓 |
| 40 | ZTS | Zoetis Inc | -0.2% | -96.56% | 减仓 |
| 41 | ORCL | Oracle CORP | -0.2% | +0.27% | 加仓 |
| 42 | NFLX | Netflix Inc | -0.3% | +875.94% | 加仓 |
| 43 | CMG | Chipotle Mexican Grill Inc | -0.4% | -98.41% | 减仓 |
| 44 | VOO | Vanguard S&p 500 ETF | -0.5% | -13.95% | 减仓 |
| 45 | RSP | Invesco S&p 500 Equal Weight | -0.7% | -40.23% | 减仓 |
| 46 | QSR | Restaurant Brands Intern | — | NEW | 新建仓 |
| 47 | WTBN | Wisdomtree Bianco Tr Fund | — | NEW | 新建仓 |
| 48 | UL | Unilever PLC | — | EXIT | 清仓 |
| 49 | EQIX | Equinix Inc | — | EXIT | 清仓 |
| 50 | MUFG | Mitsubishi Ufj Finl-spon Adr | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Hilltop National Bank 在 Q4 2025 季度的美股持仓总市值约为 US$4.7亿，共申报了 779 个公开持股仓位。
在 Q4 2025 季度，Hilltop National Bank 按市值排列的前三大核心持股分别为：MSFT (7.7%)、EFA (3.8%)、VOO (3.2%)。其中最大持股仓位 MSFT 占据整体投资组合约 7.7% 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。
本季最大新建仓标的
QSR
市值: US$160.7万
本季最大获利了结 / 清仓标的
UL
前期市值: US$49.2万
在 Q4 2025 季度中，Hilltop National Bank 共进行了 49 项持仓异动，包含新建仓 2 个仓位、加仓 23 个仓位、减仓 21 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 QSR。 本季清仓仓位包含 UL。
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。