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: 0001621802
申报总市值
US$17.1亿
US$17.1亿
145 檔
19.2%
在 Q4 2025 的 13F 官方备案中，Infrastructure Capital Advisors, LLC 管理的美股投资组合规模来到 US$17.1亿，整体持股档数为 145 档。
在 Q4 2025，Infrastructure Capital Advisors, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 22 个新仓位，并对 63 个既有持股进行加仓（合计增持 85 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Infrastructure Capital Advisors, LLC 的前 5 大核心持股（包含 SPY, APO 6.75 07-31-26, KKR 6.25 03-01-28 D 等）合计占整体申报市值的 19.2%，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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 9.89% | -1.32% | -43.40% | |
| 2 | APO 6.75 07-31-26债券 | Apollo Global Management | 债券 | 5.67% | -1.42% | +31.05% | |
| 3 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | 债券 | 5.60% | +0.12% | +36.90% | |
| 4 | MPLX | Mplx LP | 股票-能源 | 5.36% | -1.16% | -8.81% | |
| 5 | PAA | Plains All Amer Pipeline LP | 股票-能源 | 5.14% | -0.91% | -9.04% | |
| 6 | ET | Energy Transfer LP | 股票-能源 | 4.83% | -1.04% | -2.42% | |
| 7 | HESM | Hess Midstream LP - Class A | 股票-其他 | 4.61% | -0.48% | -1.67% | |
| 8 | WES | Western Midstream Partners L | 股票-能源 | 4.42% | -0.42% | +10.71% | |
| 9 | RLJ 1.95 PERP A债券 | Rlj Lodging Trust | 债券 | 4.27% | -0.30% | +5.15% | |
| 10 | EPD | Enterprise Products Partners | 股票-能源 | 4.16% | -0.87% | -2.56% | |
| 11 | FLG 6 11-01-51债券 | Flagstar Bank NA | 债券 | 4.07% | -2.29% | +7.29% | |
| 12 | SUN | Sunoco LP | 股票-其他 | 3.68% | -0.47% | +11.87% | |
| 13 | BA 6 10-15-27债券 | Boeing Co/the | 债券 | 2.76% | +2.36% | +31.05% | |
| 14 | LNG | Cheniere Energy Inc | 股票-能源 | 2.24% | -0.46% | -4.03% | |
| 15 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | 债券 | 1.70% | +0.13% | +61.81% | |
| 16 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.63% | -0.49% | -3.50% | |
| 17 | TRGP | Targa Resources CORP | 股票-能源 | 1.60% | -1.04% | -17.82% | |
| 18 | WMB | Williams Cos Inc | 股票-能源 | 1.57% | -0.64% | +0.63% | |
| 19 | PEB 6.3 PERP F债券 | Pebblebrook Hotel Trust | 债券 | 1.56% | -0.16% | +8.49% | |
| 20 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.49% | — | +177.78% | |
| 21 | GTLS | Chart Industries Inc | 股票-工业 | 1.33% | -0.06% | — | |
| 22 | MSTR 8 PERP债券 | Strategy Inc | 债券 | 1.06% | -0.09% | — | |
| 23 | OKE | Oneok Inc | 股票-能源 | 1.02% | -0.20% | +21.54% | |
| 24 | GEL | Genesis Energy L.p. | 股票-其他 | 0.93% | -0.25% | +8.81% | |
| 25 | KNTK | Kinetik Holdings Inc | 股票-其他 | 0.90% | -0.01% | — | |
| 26 | CQP | Cheniere Energy Partners LP | 股票-其他 | 0.82% | -0.20% | -30.30% | |
| 27 | BHR 5.5 PERP b债券 | Braemar Hotels & Resorts | 债券 | 0.78% | -0.07% | +9.38% | |
| 28 | USAC | USA Compression Partners LP | 股票-其他 | 0.68% | -0.06% | — | |
| 29 | DKL | Delek Logistics Partners LP | 股票-其他 | 0.66% | -0.12% | -6.02% | |
| 30 | PFFA | Virtus Infracap US Pref Stck | ETF-其他 | 0.60% | -0.06% | +0.26% | |
| 31 | PSX | Phillips 66 | 股票-能源 | 0.54% | -0.05% | +291.04% | |
| 32 | KKR | Kkr & Co Inc | 股票-金融 | 0.47% | -0.19% | +55.87% | |
| 33 | GNL | Global Net Lease Inc | 股票-房地产 | 0.46% | -0.04% | EXIT | |
| 34 | MRVL | Marvell Technology Inc | 股票-科技 | 0.45% | -0.52% | +4.99% | |
| 35 | MPC | Marathon Petroleum CORP | 股票-能源 | 0.44% | -0.24% | — | |
| 36 | GLP | Global Partners LP | 股票-其他 | 0.44% | -0.01% | +8.78% | |
| 37 | HPE 7.625 09-01-27债券 | Hp Enterprise Co | 债券 | 0.43% | +1.69% | +9.26% | |
| 38 | APO | Apollo Global Management Inc | 股票-金融 | 0.40% | -0.04% | +23.23% | |
| 39 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.38% | -0.12% | -13.95% | |
| 40 | MCD | Mcdonald's CORP | 股票-周期性消费 | 0.35% | +0.04% | NEW | |
| 41 | EPR 9 PERP E债券 | Epr Properties | 债券 | 0.35% | — | -46.44% | |
| 42 | TSLA | Tesla Inc | 股票-周期性消费 | 0.35% | -0.06% | EXIT | |
| 43 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.33% | -0.03% | +144.71% | |
| 44 | VLO | Valero Energy CORP | 股票-能源 | 0.33% | -0.02% | — | |
| 45 | PEB 6.375 PERP E债券 | Pebblebrook Hotel Trust | 债券 | 0.33% | -0.11% | +33.89% | |
| 46 | FCX | Freeport-mcmoran Inc | 股票-原材料 | 0.32% | -0.02% | +62.86% | |
| 47 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.28% | +1.14% | NEW | |
| 48 | CELH | Celsius Holdings Inc | 股票-非周期性消费 | 0.28% | +0.02% | — | |
| 49 | NEE | Nextera Energy Inc | 股票-公用事业 | 0.27% | -0.07% | +45.81% | |
| 50 | ALB 7.25 03-01-27债券 | Albemarle CORP | 债券 | 0.26% | -0.93% | +252.97% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | APO 6.75 07-31-26债券 | Apollo Global Management | +1.8% | +31.05% | 加仓 |
| 2 | KKR 6.25 03-01-28 D债券 | Kkr & Co Inc | +1.6% | +36.90% | 加仓 |
| 3 | QQQ | Invesco Qqq Trust Series 1 | +1% | +177.78% | 加仓 |
| 4 | BA 6 10-15-27债券 | Boeing Co/the | +0.7% | +31.05% | 加仓 |
| 5 | ARES 6.75 10-01-27 B债券 | Ares Management CORP | +0.7% | +61.81% | 加仓 |
| 6 | WES | Western Midstream Partners L | +0.5% | +10.71% | 加仓 |
| 7 | PSX | Phillips 66 | +0.4% | +291.04% | 加仓 |
| 8 | SUN | Sunoco LP | +0.3% | +11.87% | 加仓 |
| 9 | FLG 6 11-01-51债券 | Flagstar Bank NA | +0.3% | +7.29% | 加仓 |
| 10 | IWM | Ishares Russell 2000 ETF | +0.3% | +1334.95% | 加仓 |
| 11 | OKE | Oneok Inc | +0.2% | +21.54% | 加仓 |
| 12 | ALB 7.25 03-01-27债券 | Albemarle CORP | +0.2% | +252.97% | 加仓 |
| 13 | META | Meta Platforms Inc-class A | +0.2% | +144.71% | 加仓 |
| 14 | KVUE | Kenvue Inc | +0.2% | +435.61% | 加仓 |
| 15 | KKR | Kkr & Co Inc | +0.2% | +55.87% | 加仓 |
| 16 | FCX | Freeport-mcmoran Inc | +0.2% | +62.86% | 加仓 |
| 17 | APO | Apollo Global Management Inc | +0.1% | +23.23% | 加仓 |
| 18 | MRK | Merck & Co. Inc. | +0.1% | +209.85% | 加仓 |
| 19 | JNJ | Johnson & Johnson | +0.1% | +186.85% | 加仓 |
| 20 | CAT | Caterpillar Inc | +0.1% | +142.68% | 加仓 |
| 21 | NEE | Nextera Energy Inc | +0.1% | +45.81% | 加仓 |
| 22 | PEB 6.375 PERP E债券 | Pebblebrook Hotel Trust | +0.1% | +33.89% | 加仓 |
| 23 | RLJ 1.95 PERP A债券 | Rlj Lodging Trust | +0.1% | +5.15% | 加仓 |
| 24 | PEB 6.3 PERP F债券 | Pebblebrook Hotel Trust | +0.1% | +8.49% | 加仓 |
| 25 | BX | Blackstone Inc | +0.1% | +105.07% | 加仓 |
| 26 | WMB | Williams Cos Inc | 0% | +0.63% | 加仓 |
| 27 | GNL | Global Net Lease Inc | 0% | -0.98% | 减仓 |
| 28 | XEL | Xcel Energy Inc | 0% | +40.13% | 加仓 |
| 29 | BXP | Bxp Inc | 0% | +40.47% | 加仓 |
| 30 | BHR 5.5 PERP b债券 | Braemar Hotels & Resorts | 0% | +9.38% | 加仓 |
| 31 | HPE 7.625 09-01-27债券 | Hp Enterprise Co | 0% | +9.26% | 加仓 |
| 32 | C | Citigroup Inc | 0% | -2.48% | 减仓 |
| 33 | USB | US Bancorp | 0% | +5.75% | 加仓 |
| 34 | GEL | Genesis Energy L.p. | 0% | +8.81% | 加仓 |
| 35 | MCD | Mcdonald's CORP | 0% | +3.92% | 加仓 |
| 36 | LXP 6.5 PERP C债券 | Lxp Industrial Trust | 0% | +9.36% | 加仓 |
| 37 | MTB | M & T Bank CORP | 0% | +5.68% | 加仓 |
| 38 | TFC | Truist Financial CORP | 0% | +5.75% | 加仓 |
| 39 | BHR | Braemar Hotels & Resorts Inc | 0% | +14.76% | 加仓 |
| 40 | FITB | Fifth Third Bancorp | 0% | +5.74% | 加仓 |
| 41 | ORCL | Oracle CORP | 0% | +100.10% | 加仓 |
| 42 | EQX | Equinox Gold CORP | 0% | — | 不变 |
| 43 | CTRA | Coterra Energy Inc | 0% | +5.75% | 加仓 |
| 44 | PCG 6 12-01-27 A债券 | Pg&e CORP | 0% | +12.14% | 加仓 |
| 45 | PEP | Pepsico Inc | 0% | +5.77% | 加仓 |
| 46 | EWBC | East West Bancorp Inc | 0% | — | 不变 |
| 47 | VZ | Verizon Communications Inc | 0% | +5.74% | 加仓 |
| 48 | BNDS | Infrastr Cap Bond Income ETF | 0% | +24.55% | 加仓 |
| 49 | AQN | Algonquin Power & Utilities | 0% | +9.43% | 加仓 |
| 50 | USAC | USA Compression Partners LP | — | — | 不变 |
根据 SEC 官方 Form 13F 申报备案，Infrastructure Capital Advisors, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$17.1亿，共申报了 145 个公开持股仓位。
在 Q4 2025 季度，Infrastructure Capital Advisors, LLC 按市值排列的前三大核心持股分别为：SPY (9.9%)、APO 6.75 07-31-26 (5.7%)、KKR 6.25 03-01-28 D (5.6%)。其中最大持股仓位 SPY 占据整体投资组合约 9.9% 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
GTLS
市值: US$1373.3万
本季最大获利了结 / 清仓标的
DIA
前期市值: US$1391.2万
在 Q4 2025 季度中，Infrastructure Capital Advisors, LLC 共进行了 139 项持仓异动，包含新建仓 22 个仓位、加仓 63 个仓位、减仓 37 个仓位以及清仓 17 个仓位。 其中最大新建仓标的为 GTLS。 本季清仓仓位包含 DIA。
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。
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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。