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: 0000859872
申报总市值
US$28.6亿
US$28.6亿
186 檔
22.4%
根据最新整理的 13F 季度数据集，Klingenstein Fields & Co LP 于 Q4 2025 结束时的管理资产规模为 US$28.6亿。该机构在本季度申报了 186 档美股持仓，呈现出该时期的主要投资地图。
在 Q4 2025，Klingenstein Fields & Co LP 展现出较为审慎的避险与获利了结姿态。本季共减仓 36 个仓位并完全清仓 2 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，Klingenstein Fields & Co LP 的前 5 大核心持股（包含 AVGO, GOOGL, MSFT 等）合计占整体申报市值的 22.4%，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 | AVGO | Broadcom Inc | 股票-科技 | 6.71% | +0.41% | -1.56% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 5.10% | +0.45% | -2.50% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.29% | -0.35% | -0.88% | |
| 4 | LLY | Eli Lilly & Co | 股票-医疗保健 | 4.18% | +0.10% | -0.14% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 3.71% | +0.06% | -1.29% | |
| 6 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.60% | -0.27% | -0.71% | |
| 7 | AMZN | Amazon.com Inc | 股票-周期性消费 | 3.16% | +0.04% | -1.38% | |
| 8 | PANW | Palo Alto Networks Inc | 股票-科技 | 3.03% | +2.37% | -1.47% | |
| 9 | NVDA | Nvidia CORP | 股票-科技 | 2.93% | +0.18% | -1.71% | |
| 10 | GS | Goldman Sachs Group Inc | 股票-金融 | 2.61% | +0.12% | -2.08% | |
| 11 | DIS | Walt Disney Co/the | 股票-通信服务 | 2.58% | -0.26% | -0.02% | |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 2.36% | -0.05% | +3.33% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.35% | -0.04% | -1.86% | |
| 14 | PEP | Pepsico Inc | 股票-非周期性消费 | 2.30% | -0.59% | -0.06% | |
| 15 | UNP | Union Pacific CORP | 股票-工业 | 2.30% | -0.03% | -0.14% | |
| 16 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.22% | +0.15% | -0.14% | |
| 17 | RTX | Rtx CORP | 股票-工业 | 2.19% | -0.32% | -1.23% | |
| 18 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.75% | -0.19% | -0.61% | |
| 19 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 1.70% | -0.40% | -1.44% | |
| 20 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 1.63% | -0.33% | -1.11% | |
| 21 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 1.58% | -0.25% | -0.55% | |
| 22 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 1.55% | +0.15% | -0.79% | |
| 23 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 1.35% | +0.34% | -0.42% | |
| 24 | NFLX | Netflix Inc | 股票-通信服务 | 1.26% | -0.47% | +877.11% | |
| 25 | CB | Chubb Limited | 股票-金融 | 1.21% | -0.09% | -1.42% | |
| 26 | HON | Honeywell International Inc | 股票-工业 | 1.21% | -1.46% | EXIT | |
| 27 | SCHA | Schwab US Small-cap ETF | ETF-其他 | 1.18% | +0.07% | -1.21% | |
| 28 | PLD | Prologis Inc | 股票-房地产 | 1.13% | -0.12% | -1.11% | |
| 29 | VMC | Vulcan Materials Co | 股票-原材料 | 1.12% | -0.04% | -1.10% | |
| 30 | ETN | Eaton Corporation plc | 股票-工业 | 1.08% | +0.06% | -2.38% | |
| 31 | SYK | Stryker CORP | 股票-医疗保健 | 0.98% | -0.47% | -0.99% | |
| 32 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.91% | -0.07% | -1.03% | |
| 33 | HD | Home Depot Inc | 股票-周期性消费 | 0.89% | -0.03% | +0.45% | |
| 34 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 0.87% | -0.07% | -2.07% | |
| 35 | ZS | Zscaler Inc | 股票-科技 | 0.76% | -0.48% | -1.64% | |
| 36 | MMM | 3m Co | 股票-工业 | 0.72% | -0.01% | — | |
| 37 | NOW | Servicenow Inc | 股票-科技 | 0.71% | -0.07% | +392.51% | |
| 38 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.70% | -0.08% | -0.31% | |
| 39 | SCHF | Schwab Intl Equity ETF | ETF-其他 | 0.66% | -0.03% | -1.08% | |
| 40 | SBUX | Starbucks CORP | 股票-周期性消费 | 0.65% | — | -1.07% | |
| 41 | SHEL | Shell Plc-adr | 股票-能源 | 0.65% | -0.24% | -0.67% | |
| 42 | ROP | Roper Technologies Inc | 股票-科技 | 0.64% | — | -0.41% | |
| 43 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 0.63% | +0.10% | +10.64% | |
| 44 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.62% | -0.11% | -0.77% | |
| 45 | ACN | Accenture plc | 股票-科技 | 0.61% | — | -3.08% | |
| 46 | FTV | Fortive CORP | 股票-科技 | 0.59% | — | -1.23% | |
| 47 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-其他 | 0.55% | -0.04% | -1.26% | |
| 48 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 0.55% | -0.07% | -0.32% | |
| 49 | GE | General Electric | 股票-工业 | 0.54% | +0.09% | -2.27% | |
| 50 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.52% | -0.13% | -0.73% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +1.2% | -0.14% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +1% | -2.50% | 减仓 |
| 3 | GOOG | Alphabet Inc-cl C | +0.5% | -0.14% | 减仓 |
| 4 | ISRG | Intuitive Surgical Inc | +0.3% | -1.44% | 减仓 |
| 5 | VONG | Vanguard Russell 1000 Growth | +0.3% | +408.74% | 加仓 |
| 6 | TMO | Thermo Fisher Scientific Inc | +0.2% | -0.55% | 减仓 |
| 7 | GS | Goldman Sachs Group Inc | +0.2% | -2.08% | 减仓 |
| 8 | AVGO | Broadcom Inc | +0.2% | -1.56% | 减仓 |
| 9 | AAPL | Apple Inc | +0.2% | -1.29% | 减仓 |
| 10 | MRK | Merck & Co. Inc. | +0.2% | -1.03% | 减仓 |
| 11 | JNJ | Johnson & Johnson | +0.2% | -0.61% | 减仓 |
| 12 | RTX | Rtx CORP | +0.2% | -1.23% | 减仓 |
| 13 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +3.33% | 加仓 |
| 14 | IJR | Ishares Core S&p Small-cap E | +0.1% | +104.32% | 加仓 |
| 15 | REGN | Regeneron Pharmaceuticals | +0.1% | -0.86% | 减仓 |
| 16 | EFA | Ishares Msci Eafe ETF | +0.1% | +84.24% | 加仓 |
| 17 | VEA | Vanguard Ftse Developed ETF | +0.1% | +95.73% | 加仓 |
| 18 | AMZN | Amazon.com Inc | +0.1% | -1.38% | 减仓 |
| 19 | PLD | Prologis Inc | +0.1% | -1.11% | 减仓 |
| 20 | CB | Chubb Limited | +0.1% | -1.42% | 减仓 |
| 21 | IVV | Ishares Core S&p 500 ETF | +0.1% | +10.64% | 加仓 |
| 22 | DHR | Danaher CORP | +0.1% | +0.29% | 加仓 |
| 23 | FTV | Fortive CORP | +0.1% | -1.23% | 减仓 |
| 24 | AXP | American Express Co | +0.1% | -0.65% | 减仓 |
| 25 | PEP | Pepsico Inc | 0% | -0.06% | 减仓 |
| 26 | NKE | Nike Inc -cl B | 0% | +0.79% | 加仓 |
| 27 | SO | Southern Co/the | -0.1% | -1.72% | 减仓 |
| 28 | ABT | Abbott Laboratories | -0.1% | -0.73% | 减仓 |
| 29 | META | Meta Platforms Inc-class A | -0.1% | -0.77% | 减仓 |
| 30 | SYK | Stryker CORP | -0.1% | -0.99% | 减仓 |
| 31 | UNP | Union Pacific CORP | -0.1% | -0.14% | 减仓 |
| 32 | NVDA | Nvidia CORP | -0.1% | -1.71% | 减仓 |
| 33 | NXPI | NXP Semiconductors N.V. | -0.1% | -0.42% | 减仓 |
| 34 | MDLZ | Mondelez International Inc-a | -0.1% | -0.32% | 减仓 |
| 35 | ROP | Roper Technologies Inc | -0.1% | -0.41% | 减仓 |
| 36 | PYPL | Paypal Holdings Inc | -0.1% | -0.31% | 减仓 |
| 37 | VMC | Vulcan Materials Co | -0.1% | -1.10% | 减仓 |
| 38 | HON | Honeywell International Inc | -0.1% | -0.13% | 减仓 |
| 39 | COST | Costco Wholesale CORP | -0.2% | -1.11% | 减仓 |
| 40 | NOW | Servicenow Inc | -0.2% | +392.51% | 加仓 |
| 41 | HD | Home Depot Inc | -0.2% | +0.45% | 加仓 |
| 42 | ETN | Eaton Corporation plc | -0.2% | -2.38% | 减仓 |
| 43 | ZS | Zscaler Inc | -0.3% | -1.64% | 减仓 |
| 44 | MSFT | Microsoft CORP | -0.4% | -0.88% | 减仓 |
| 45 | PANW | Palo Alto Networks Inc | -0.4% | -1.47% | 减仓 |
| 46 | NFLX | Netflix Inc | -0.4% | +877.11% | 加仓 |
| 47 | AMT | American Tower CORP | -0.7% | -66.37% | 减仓 |
| 48 | BN | Brookfield CORP | — | EXIT | 清仓 |
| 49 | 6D8 | Dupont De Nemours Inc | — | EXIT | 清仓 |
| 50 | CRCL | Circle Internet Group Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Klingenstein Fields & Co LP 在 Q4 2025 季度的美股持仓总市值约为 US$28.6亿，共申报了 186 个公开持股仓位。
在 Q4 2025 季度，Klingenstein Fields & Co LP 按市值排列的前三大核心持股分别为：AVGO (6.7%)、GOOGL (5.1%)、MSFT (4.3%)。其中最大持股仓位 AVGO 占据整体投资组合约 6.7% 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
CRCL
市值: US$758.4万
本季最大获利了结 / 清仓标的
BN
前期市值: US$3100.5万
在 Q4 2025 季度中，Klingenstein Fields & Co LP 共进行了 50 项持仓异动，包含新建仓 1 个仓位、加仓 11 个仓位、减仓 36 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 CRCL。 本季清仓仓位包含 BN。
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。