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: 0000949615
申报总市值
US$51.0亿
US$51.0亿
50 檔
40.1%
在 Q3 2025 的 13F 官方备案中，Kayne Anderson Capital Advisors LP 管理的美股投资组合规模来到 US$51.0亿，整体持股档数为 50 档。
Kayne Anderson Capital Advisors LP 在 Q3 2025 进行了结构性的板块轮动与仓位换股。在开立 10 个全新仓位及加仓 13 档持股的同时，亦同步清仓 8 档并减仓 19 档标的。
在资产配置集中度方面，Kayne Anderson Capital Advisors LP 的前 5 大核心持股（包含 WMB, EPD, ET 等）合计占整体申报市值的 40.1%，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 | WMB | Williams Cos Inc | 股票-能源 | 10.65% | +0.46% | -3.91% | |
| 2 | EPD | Enterprise Products Partners | 股票-能源 | 9.21% | -0.17% | -0.69% | |
| 3 | ET | Energy Transfer LP | 股票-能源 | 9.07% | -0.04% | -0.40% | |
| 4 | LNG | Cheniere Energy Inc | 股票-能源 | 8.22% | -0.09% | +1.90% | |
| 5 | MPLX | Mplx LP | 股票-能源 | 7.97% | -0.99% | -5.06% | |
| 6 | KMI | Kinder Morgan, Inc. | 股票-能源 | 7.77% | -1.20% | +15.62% | |
| 7 | TRP | Tc Energy CORP | 股票-能源 | 6.43% | -0.68% | +16.13% | |
| 8 | OKE | Oneok Inc | 股票-能源 | 5.73% | -0.11% | +2.99% | |
| 9 | MNR | Mach Natural Resources LP | 股票-其他 | 5.58% | -1.24% | — | |
| 10 | ENB | Enbridge Inc | 股票-能源 | 5.13% | -0.98% | +48.67% | |
| 11 | TRGP | Targa Resources CORP | 股票-能源 | 3.81% | +1.37% | -20.66% | |
| 12 | WES | Western Midstream Partners L | 股票-能源 | 2.96% | +0.28% | -0.30% | |
| 13 | DTM | Dt Midstream Inc | 股票-能源 | 2.16% | +0.17% | -0.71% | |
| 14 | PAA | Plains All Amer Pipeline LP | 股票-能源 | 1.93% | +0.05% | — | |
| 15 | SRE | Sempra | 股票-公用事业 | 1.92% | -0.01% | +54.57% | |
| 16 | PBA | Pembina Pipeline CORP | 股票-能源 | 1.58% | +0.54% | -44.90% | |
| 17 | AM | Antero Midstream CORP | 股票-能源 | 1.54% | -0.88% | +27.50% | |
| 18 | ETR | Entergy CORP | 股票-公用事业 | 1.28% | -0.43% | +4.91% | |
| 19 | HESM | Hess Midstream LP - Class A | 股票-其他 | 1.04% | -0.83% | -51.54% | |
| 20 | LIN | Linde plc | 股票-原材料 | 0.87% | — | -0.34% | |
| 21 | PWR | Quanta Services Inc | 股票-工业 | 0.86% | +0.01% | -35.12% | |
| 22 | APD | Air Products & Chemicals Inc | 股票-原材料 | 0.60% | — | -30.56% | |
| 23 | EE | Excelerate Energy Inc-a | 股票-其他 | 0.43% | +0.09% | +77.29% | |
| 24 | PPL | Ppl CORP | 股票-公用事业 | 0.37% | +0.05% | +59.47% | |
| 25 | AROC | Archrock Inc | 股票-能源 | 0.32% | +0.11% | -1.37% | |
| 26 | PCG 6 12-01-27 A债券 | Pg&e CORP | 债券 | 0.28% | — | +61.58% | |
| 27 | XEL | Xcel Energy Inc | 股票-公用事业 | 0.25% | -0.15% | EXIT | |
| 28 | KYN | Kayne Anderson Energy Infra | 股票-其他 | 0.22% | -0.22% | EXIT | |
| 29 | NEE 7.299 06-01-27债券 | Nextera Energy Inc | 债券 | 0.20% | — | +49.18% | |
| 30 | NRG | Nrg Energy Inc | 股票-公用事业 | 0.20% | -0.06% | +42.46% | |
| 31 | NFG | National Fuel Gas Co | 股票-能源 | 0.19% | -0.10% | +158.66% | |
| 32 | EXC | Exelon CORP | 股票-公用事业 | 0.17% | — | -13.25% | |
| 33 | KNRG | Smplfy Kyn Andr En & Infr Cr | ETF-其他 | 0.17% | +0.01% | — | |
| 34 | TLN | Talen Energy CORP | 股票-公用事业 | 0.15% | -0.02% | -33.93% | |
| 35 | VST | Vistra CORP | 股票-公用事业 | 0.13% | -0.05% | -23.02% | |
| 36 | GEV | GE Vernova Inc | 股票-工业 | 0.11% | +0.01% | -3.56% | |
| 37 | FSLR | First Solar Inc | 股票-科技 | 0.10% | +0.02% | -56.45% | |
| 38 | AQN | Algonquin Power & Utilities | 股票-其他 | 0.09% | — | -2.97% | |
| 39 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 0.07% | — | -8.29% | |
| 40 | GNRC | Generac Holdings Inc | 股票-工业 | 0.05% | — | — | |
| 41 | KGS | Kodiak Gas Services Inc | 股票-其他 | 0.03% | +0.96% | -8.33% | |
| 42 | GLP | Global Partners LP | 股票-其他 | 0.03% | +0.23% | — | |
| 43 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | 债券 | 0.03% | — | — | |
| 44 | CCJ | Cameco CORP | 股票-能源 | 0.03% | — | -66.96% | |
| 45 | NXT | Nextpower Inc-cl A | 股票-科技 | 0.02% | — | — | |
| 46 | EOSE | Eos Energy Enterprises Inc | 股票-其他 | 0.01% | — | — | |
| 47 | ARRY | Array Technologies Inc | 股票-其他 | 0.01% | — | — | |
| 48 | SHLS | Shoals Technologies Group -a | 股票-其他 | 0.01% | — | — | |
| 49 | ✓ | Utilities Select Sector SPDR | 股票-其他 | — | — | -9.09% | |
| 50 | XOP | Ss Spdr S&p Og Exp & Prod | ETF-其他 | — | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ENB | Enbridge Inc | +2.2% | +48.67% | 加仓 |
| 2 | TRP | Tc Energy CORP | +1.7% | +16.13% | 加仓 |
| 3 | KMI | Kinder Morgan, Inc. | +1% | +15.62% | 加仓 |
| 4 | SRE | Sempra | +0.9% | +54.57% | 加仓 |
| 5 | DTM | Dt Midstream Inc | +0.7% | -0.71% | 加仓 |
| 6 | LNG | Cheniere Energy Inc | +0.6% | +1.90% | 加仓 |
| 7 | AM | Antero Midstream CORP | +0.4% | +27.50% | 加仓 |
| 8 | LIN | Linde plc | +0.2% | -0.34% | 加仓 |
| 9 | WMB | Williams Cos Inc | +0.2% | -3.91% | 减仓 |
| 10 | PPL | Ppl CORP | +0.2% | +59.47% | 加仓 |
| 11 | NRG | Nrg Energy Inc | +0.1% | +42.46% | 加仓 |
| 12 | VST | Vistra CORP | +0.1% | -23.02% | 加仓 |
| 13 | GEV | GE Vernova Inc | +0.1% | -3.56% | 加仓 |
| 14 | ETR | Entergy CORP | 0% | +4.91% | 减仓 |
| 15 | TLN | Talen Energy CORP | 0% | -33.93% | 减仓 |
| 16 | ARRY | Array Technologies Inc | 0% | — | 减仓 |
| 17 | XEL | Xcel Energy Inc | -0.1% | +64.82% | 减仓 |
| 18 | EXC | Exelon CORP | -0.1% | -13.25% | 减仓 |
| 19 | PAGP | Plains Gp Holdings Lp-cl A | -0.2% | -8.29% | 减仓 |
| 20 | KYN | Kayne Anderson Energy Infra | -0.2% | — | 减仓 |
| 21 | KGS | Kodiak Gas Services Inc | -0.4% | -8.33% | 减仓 |
| 22 | OKE | Oneok Inc | -0.4% | +2.99% | 加仓 |
| 23 | PAA | Plains All Amer Pipeline LP | -0.5% | — | 减仓 |
| 24 | AROC | Archrock Inc | -0.6% | -1.37% | 减仓 |
| 25 | APD | Air Products & Chemicals Inc | -0.6% | -30.56% | 减仓 |
| 26 | ET | Energy Transfer LP | -0.9% | -0.40% | 减仓 |
| 27 | EPD | Enterprise Products Partners | -1.1% | -0.69% | 减仓 |
| 28 | WES | Western Midstream Partners L | -1.2% | -0.30% | 减仓 |
| 29 | MPLX | Mplx LP | -1.3% | -5.06% | 减仓 |
| 30 | HESM | Hess Midstream LP - Class A | -1.7% | -51.54% | 减仓 |
| 31 | PBA | Pembina Pipeline CORP | -1.9% | -44.90% | 减仓 |
| 32 | TRGP | Targa Resources CORP | -2.4% | -20.66% | 减仓 |
| 33 | MNR | Mach Natural Resources LP | — | NEW | 新建仓 |
| 34 | KNTK | Kinetik Holdings Inc | — | EXIT | 清仓 |
| 35 | EE | Excelerate Energy Inc-a | — | NEW | 新建仓 |
| 36 | ✓ | Utilities Select Sector SPDR | — | NEW | 新建仓 |
| 37 | NEE 7.299 06-01-27债券 | Nextera Energy Inc | — | NEW | 新建仓 |
| 38 | ARRY 1 12-01-28债券 | Array Technologies Inc | — | EXIT | 清仓 |
| 39 | NFG | National Fuel Gas Co | — | NEW | 新建仓 |
| 40 | PCG | P G & E CORP | — | EXIT | 清仓 |
| 41 | KNRG | Smplfy Kyn Andr En & Infr Cr | — | NEW | 新建仓 |
| 42 | PEG | Public Service Enterprise Gp | — | EXIT | 清仓 |
| 43 | MTZ | Mastec Inc | — | EXIT | 清仓 |
| 44 | EVRG | Evergy Inc | — | EXIT | 清仓 |
| 45 | AQN | Algonquin Power & Utilities | — | NEW | 新建仓 |
| 46 | XOP | Ss Spdr S&p Og Exp & Prod | — | NEW | 新建仓 |
| 47 | ENPH | Enphase Energy Inc | — | EXIT | 清仓 |
| 48 | CEG | Constellation Energy | — | EXIT | 清仓 |
| 49 | GNRC | Generac Holdings Inc | — | NEW | 新建仓 |
| 50 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Kayne Anderson Capital Advisors LP 在 Q3 2025 季度的美股持仓总市值约为 US$51.0亿，共申报了 50 个公开持股仓位。
在 Q3 2025 季度，Kayne Anderson Capital Advisors LP 按市值排列的前三大核心持股分别为：WMB (10.7%)、EPD (9.2%)、ET (9.1%)。其中最大持股仓位 WMB 占据整体投资组合约 10.7% 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
MNR
市值: US$2.5亿
本季最大获利了结 / 清仓标的
KNTK
前期市值: US$4311.7万
在 Q3 2025 季度中，Kayne Anderson Capital Advisors LP 共进行了 50 项持仓异动，包含新建仓 10 个仓位、加仓 13 个仓位、减仓 19 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 MNR。 本季清仓仓位包含 KNTK。
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。