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
44 檔
39.5%
截至 Q4 2025 季度末，Kayne Anderson Capital Advisors LP 的美股持仓估值约为 US$51.0亿，全数申报仓位共有 44 档。
在 Q4 2025，Kayne Anderson Capital Advisors LP 展现出较为审慎的避险与获利了结姿态。本季共减仓 22 个仓位并完全清仓 11 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，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 39.5%，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 | 10.44% | +0.46% | +0.38% | |
| 2 | EPD | Enterprise Products Partners | 股票-能源 | 9.72% | -0.17% | -0.05% | |
| 3 | ET | Energy Transfer LP | 股票-能源 | 8.97% | -0.04% | -0.05% | |
| 4 | MPLX | Mplx LP | 股票-能源 | 8.76% | -0.99% | -0.09% | |
| 5 | KMI | Kinder Morgan, Inc. | 股票-能源 | 7.88% | -1.20% | +1.33% | |
| 6 | LNG | Cheniere Energy Inc | 股票-能源 | 6.94% | -0.09% | -0.92% | |
| 7 | TRP | Tc Energy CORP | 股票-能源 | 6.68% | -0.68% | -0.26% | |
| 8 | OKE | Oneok Inc | 股票-能源 | 6.06% | -0.11% | +1.94% | |
| 9 | ENB | Enbridge Inc | 股票-能源 | 4.99% | -0.98% | -0.22% | |
| 10 | MNR | Mach Natural Resources LP | 股票-其他 | 4.81% | -1.24% | — | |
| 11 | TRGP | Targa Resources CORP | 股票-能源 | 3.62% | +1.37% | -16.04% | |
| 12 | WES | Western Midstream Partners L | 股票-能源 | 3.50% | +0.28% | +14.11% | |
| 13 | DTM | Dt Midstream Inc | 股票-能源 | 2.35% | +0.17% | -0.40% | |
| 14 | PAA | Plains All Amer Pipeline LP | 股票-能源 | 2.09% | +0.05% | — | |
| 15 | SRE | Sempra | 股票-公用事业 | 1.92% | -0.01% | -1.13% | |
| 16 | AM | Antero Midstream CORP | 股票-能源 | 1.83% | -0.88% | +25.89% | |
| 17 | PBA | Pembina Pipeline CORP | 股票-能源 | 1.53% | +0.54% | -0.12% | |
| 18 | HESM | Hess Midstream LP - Class A | 股票-其他 | 1.29% | -0.83% | +20.74% | |
| 19 | ETR | Entergy CORP | 股票-公用事业 | 1.29% | -0.43% | -1.67% | |
| 20 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 1.08% | +0.08% | — | |
| 21 | LIN | Linde plc | 股票-原材料 | 0.81% | — | -0.08% | |
| 22 | EE | Excelerate Energy Inc-a | 股票-其他 | 0.58% | +0.09% | +16.57% | |
| 23 | AROC | Archrock Inc | 股票-能源 | 0.33% | +0.11% | -0.32% | |
| 24 | PPL | Ppl CORP | 股票-公用事业 | 0.30% | +0.05% | -16.92% | |
| 25 | KYN | Kayne Anderson Energy Infra | 股票-其他 | 0.23% | -0.22% | EXIT | |
| 26 | NRG | Nrg Energy Inc | 股票-公用事业 | 0.19% | -0.06% | -5.57% | |
| 27 | EXC | Exelon CORP | 股票-公用事业 | 0.19% | — | +9.04% | |
| 28 | KNRG | Smplfy Kyn Andr En & Infr Cr | ETF-其他 | 0.18% | +0.01% | — | |
| 29 | NFG | National Fuel Gas Co | 股票-能源 | 0.17% | -0.10% | -0.74% | |
| 30 | TLN | Talen Energy CORP | 股票-公用事业 | 0.13% | -0.02% | -1.19% | |
| 31 | XEL | Xcel Energy Inc | 股票-公用事业 | 0.13% | -0.15% | EXIT | |
| 32 | GEV | GE Vernova Inc | 股票-工业 | 0.12% | +0.01% | -1.19% | |
| 33 | CTRI | Centuri Holdings Inc | 股票-其他 | 0.11% | -0.06% | EXIT | |
| 34 | AQN | Algonquin Power & Utilities | 股票-其他 | 0.11% | — | -1.18% | |
| 35 | PCG 6 12-01-27 A债券 | Pg&e CORP | 债券 | 0.10% | — | -67.07% | |
| 36 | PWR | Quanta Services Inc | 股票-工业 | 0.10% | +0.01% | -88.95% | |
| 37 | POWL | Powell Industries Inc | 股票-工业 | 0.08% | +0.02% | — | |
| 38 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 0.08% | — | -2.05% | |
| 39 | AES | Aes CORP | 股票-公用事业 | 0.08% | — | — | |
| 40 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | 债券 | 0.07% | — | +140.00% | |
| 41 | NXE | Nexgen Energy LTD | 股票-其他 | 0.07% | — | — | |
| 42 | CCJ | Cameco CORP | 股票-能源 | 0.06% | — | +115.96% | |
| 43 | KGS | Kodiak Gas Services Inc | 股票-其他 | 0.03% | +0.96% | -2.06% | |
| 44 | GLP | Global Partners LP | 股票-其他 | 0.03% | +0.23% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MPLX | Mplx LP | +0.8% | -0.09% | 减仓 |
| 2 | WES | Western Midstream Partners L | +0.6% | +14.11% | 加仓 |
| 3 | EPD | Enterprise Products Partners | +0.6% | -0.05% | 减仓 |
| 4 | OKE | Oneok Inc | +0.4% | +1.94% | 加仓 |
| 5 | AM | Antero Midstream CORP | +0.3% | +25.89% | 加仓 |
| 6 | TRP | Tc Energy CORP | +0.3% | -0.26% | 减仓 |
| 7 | HESM | Hess Midstream LP - Class A | +0.3% | +20.74% | 加仓 |
| 8 | DTM | Dt Midstream Inc | +0.2% | -0.40% | 减仓 |
| 9 | PAA | Plains All Amer Pipeline LP | +0.2% | — | 不变 |
| 10 | EE | Excelerate Energy Inc-a | +0.2% | +16.57% | 加仓 |
| 11 | KMI | Kinder Morgan, Inc. | +0.1% | +1.33% | 加仓 |
| 12 | NEE 7.234 11-01-27债券 | Nextera Energy Inc | 0% | +140.00% | 加仓 |
| 13 | CCJ | Cameco CORP | 0% | +115.96% | 加仓 |
| 14 | ETR | Entergy CORP | 0% | -1.67% | 减仓 |
| 15 | AQN | Algonquin Power & Utilities | 0% | -1.18% | 减仓 |
| 16 | EXC | Exelon CORP | 0% | +9.04% | 加仓 |
| 17 | SRE | Sempra | 0% | -1.13% | 减仓 |
| 18 | GEV | GE Vernova Inc | 0% | -1.19% | 减仓 |
| 19 | AROC | Archrock Inc | 0% | -0.32% | 减仓 |
| 20 | NRG | Nrg Energy Inc | 0% | -5.57% | 减仓 |
| 21 | NFG | National Fuel Gas Co | 0% | -0.74% | 减仓 |
| 22 | TLN | Talen Energy CORP | 0% | -1.19% | 减仓 |
| 23 | PBA | Pembina Pipeline CORP | 0% | -0.12% | 减仓 |
| 24 | ET | Energy Transfer LP | -0.1% | -0.05% | 减仓 |
| 25 | LIN | Linde plc | -0.1% | -0.08% | 减仓 |
| 26 | PPL | Ppl CORP | -0.1% | -16.92% | 减仓 |
| 27 | ENB | Enbridge Inc | -0.1% | -0.22% | 减仓 |
| 28 | XEL | Xcel Energy Inc | -0.1% | -46.15% | 减仓 |
| 29 | WMB | Williams Cos Inc | -0.2% | +0.38% | 加仓 |
| 30 | TRGP | Targa Resources CORP | -0.2% | -16.04% | 减仓 |
| 31 | PCG 6 12-01-27 A债券 | Pg&e CORP | -0.2% | -67.07% | 减仓 |
| 32 | MNR | Mach Natural Resources LP | -0.7% | — | 不变 |
| 33 | PWR | Quanta Services Inc | -0.8% | -88.95% | 减仓 |
| 34 | LNG | Cheniere Energy Inc | -1.2% | -0.92% | 减仓 |
| 35 | CNP | Centerpoint Energy Inc | — | NEW | 新建仓 |
| 36 | APD | Air Products & Chemicals Inc | — | EXIT | 清仓 |
| 37 | ✓ | Utilities Select Sector SPDR | — | EXIT | 清仓 |
| 38 | NEE 7.299 06-01-27债券 | Nextera Energy Inc | — | EXIT | 清仓 |
| 39 | VST | Vistra CORP | — | EXIT | 清仓 |
| 40 | CTRI | Centuri Holdings Inc | — | NEW | 新建仓 |
| 41 | FSLR | First Solar Inc | — | EXIT | 清仓 |
| 42 | POWL | Powell Industries Inc | — | NEW | 新建仓 |
| 43 | XOP | Ss Spdr S&p Og Exp & Prod | — | EXIT | 清仓 |
| 44 | AES | Aes CORP | — | NEW | 新建仓 |
| 45 | NXE | Nexgen Energy LTD | — | NEW | 新建仓 |
| 46 | GNRC | Generac Holdings Inc | — | EXIT | 清仓 |
| 47 | NXT | Nextpower Inc-cl A | — | EXIT | 清仓 |
| 48 | EOSE | Eos Energy Enterprises Inc | — | EXIT | 清仓 |
| 49 | ARRY | Array Technologies Inc | — | EXIT | 清仓 |
| 50 | SHLS | Shoals Technologies Group -a | — | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Kayne Anderson Capital Advisors LP 在 Q4 2025 季度的美股持仓总市值约为 US$51.0亿，共申报了 44 个公开持股仓位。
在 Q4 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 (10.4%)、EPD (9.7%)、ET (9.0%)。其中最大持股仓位 WMB 占据整体投资组合约 10.4% 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
CNP
市值: US$4734.7万
本季最大获利了结 / 清仓标的
APD
前期市值: US$2718.1万
在 Q4 2025 季度中，Kayne Anderson Capital Advisors LP 共进行了 48 项持仓异动，包含新建仓 5 个仓位、加仓 10 个仓位、减仓 22 个仓位以及清仓 11 个仓位。 其中最大新建仓标的为 CNP。 本季清仓仓位包含 APD。
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。