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。
AlphaSMO 权威研究指南阅读专题
CIK: 0001593688
申报总市值
US$3.8亿
US$3.8亿
83 檔
30.6%
在 Q3 2025 的 13F 官方备案中，M. Kraus & Co 管理的美股投资组合规模来到 US$3.8亿，整体持股档数为 83 档。
在 Q3 2025，M. Kraus & Co 展现出较为审慎的避险与获利了结姿态。本季共减仓 50 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，M. Kraus & Co 的前 5 大核心持股（包含 MSFT, GOOG, Berkshire Hathaway - B 等）合计占整体申报市值的 30.6%，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 | MSFT | Microsoft CORP | 股票-科技 | 10.89% | -0.66% | -1.63% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 6.95% | +0.90% | -1.71% | |
| 3 | ✓ | Berkshire Hathaway - B | 股票-其他 | 6.25% | -0.46% | -3.06% | |
| 4 | LHX | L3harris Technologies Inc | 股票-工业 | 4.09% | -1.13% | -3.28% | |
| 5 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 4.05% | -0.35% | -3.84% | |
| 6 | RTX | Rtx CORP | 股票-工业 | 3.69% | -0.53% | -1.38% | |
| 7 | NSC | Norfolk Southern CORP | 股票-工业 | 3.58% | -0.02% | -2.14% | |
| 8 | ROK | Rockwell Automation Inc | 股票-工业 | 3.16% | +0.79% | -0.77% | |
| 9 | CSCO | Cisco Systems Inc | 股票-科技 | 2.95% | +1.29% | +1.22% | |
| 10 | ABT | Abbott Laboratories | 股票-医疗保健 | 2.85% | -0.44% | -1.24% | |
| 11 | ✓ | 股票-其他 | 2.84% | — | -1.76% | ||
| 12 | ECL | Ecolab Inc | 股票-原材料 | 2.82% | -0.10% | -2.00% | |
| 13 | ITW | Illinois Tool Works | 股票-工业 | 2.82% | -0.12% | -2.34% | |
| 14 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.58% | -0.16% | -1.74% | |
| 15 | ✓ | 股票-其他 | 2.54% | — | -1.69% | ||
| 16 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 2.48% | -0.20% | -2.19% | |
| 17 | CHD | Church & Dwight Co Inc | 股票-非周期性消费 | 2.48% | -0.17% | -0.78% | |
| 18 | CARR | Carrier Global CORP | 股票-工业 | 2.39% | +0.41% | -1.72% | |
| 19 | AVGO | Broadcom Inc | 股票-科技 | 2.18% | +0.27% | +0.50% | |
| 20 | PEP | Pepsico Inc | 股票-非周期性消费 | 2.11% | -0.50% | -1.50% | |
| 21 | LIN | Linde plc | 股票-原材料 | 2.07% | -0.08% | -0.94% | |
| 22 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 2.04% | -0.18% | -1.14% | |
| 23 | ENB | Enbridge Inc | 股票-能源 | 2.01% | -0.20% | -1.05% | |
| 24 | AAPL | Apple Inc | 股票-科技 | 1.90% | +0.08% | -0.22% | |
| 25 | FISV | Fiserv Inc | 股票-其他 | 1.66% | — | -0.73% | |
| 26 | MCHP | Microchip Technology Inc | 股票-科技 | 1.63% | +0.46% | -1.72% | |
| 27 | RSG | Republic Services Inc | 股票-工业 | 1.12% | -0.15% | +626.69% | |
| 28 | ACN | Accenture plc | 股票-科技 | 1.05% | — | -20.63% | |
| 29 | ✓ | 股票-其他 | 0.78% | — | +2.79% | ||
| 30 | ✓ | 股票-其他 | 0.71% | — | -3.33% | ||
| 31 | DIS | Walt Disney Co/the | 股票-通信服务 | 0.70% | -0.14% | -2.29% | |
| 32 | BDX | Becton Dickinson And Co | 股票-医疗保健 | 0.70% | -0.57% | EXIT | |
| 33 | ✓ | 股票-其他 | 0.66% | — | -0.81% | ||
| 34 | OTIS | Otis Worldwide CORP | 股票-工业 | 0.63% | -0.19% | -5.46% | |
| 35 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.58% | +0.03% | +2.17% | |
| 36 | ✓ | 股票-其他 | 0.52% | — | — | ||
| 37 | IBM | Intl Business Machines CORP | 股票-科技 | 0.44% | +0.03% | — | |
| 38 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.43% | +0.07% | -0.39% | |
| 39 | CVX | Chevron CORP | 股票-能源 | 0.42% | -0.16% | -0.85% | |
| 40 | ETN | Eaton Corporation plc | 股票-工业 | 0.39% | +1.03% | -2.11% | |
| 41 | ✓ | 股票-其他 | 0.35% | — | — | ||
| 42 | AMGN | Amgen Inc | 股票-医疗保健 | 0.29% | -0.02% | +4.03% | |
| 43 | ✓ | 股票-其他 | 0.28% | — | — | ||
| 44 | HD | Home Depot Inc | 股票-周期性消费 | 0.28% | -0.01% | +4.59% | |
| 45 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.24% | -0.02% | -10.04% | |
| 46 | ✓ | 股票-其他 | 0.24% | — | -3.16% | ||
| 47 | ✓ | 股票-其他 | 0.23% | — | — | ||
| 48 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.21% | -0.03% | — | |
| 49 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.20% | +0.04% | — | |
| 50 | IWM | Ishares Russell 2000 ETF | ETF-中小型股 | 0.20% | +0.03% | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.1% | -1.63% | 减仓 |
| 2 | GOOG | Alphabet Inc-cl C | +2% | -1.71% | 减仓 |
| 3 | AVGO | Broadcom Inc | +1% | +0.50% | 减仓 |
| 4 | LHX | L3harris Technologies Inc | +0.9% | -3.28% | 减仓 |
| 5 | ROK | Rockwell Automation Inc | +0.6% | -0.77% | 减仓 |
| 6 | RTX | Rtx CORP | +0.4% | -1.38% | 减仓 |
| 7 | NSC | Norfolk Southern CORP | +0.4% | -2.14% | 减仓 |
| 8 | MCHP | Microchip Technology Inc | +0.2% | -1.72% | 减仓 |
| 9 | ✓ | +0.1% | +2.79% | 加仓 | |
| 10 | GOOGL | Alphabet Inc-cl A | +0.1% | -0.39% | 减仓 |
| 11 | ETN | Eaton Corporation plc | +0.1% | -2.11% | 加仓 |
| 12 | ✓ | +0.1% | — | 不变 | |
| 13 | ENB | Enbridge Inc | +0.1% | -1.05% | 加仓 |
| 14 | AAPL | Apple Inc | +0.1% | -0.22% | 减仓 |
| 15 | ORCL | Oracle CORP | +0.1% | -3.10% | 减仓 |
| 16 | CSCO | Cisco Systems Inc | +0.1% | +1.22% | 加仓 |
| 17 | AMZN | Amazon.com Inc | +0.1% | +2.17% | 加仓 |
| 18 | ✓ | 0% | — | 加仓 | |
| 19 | HD | Home Depot Inc | 0% | +4.59% | 加仓 |
| 20 | IWM | Ishares Russell 2000 ETF | 0% | — | 不变 |
| 21 | ✓ | 0% | — | 不变 | |
| 22 | ✓ | 0% | -1.69% | 减仓 | |
| 23 | IBM | Intl Business Machines CORP | 0% | — | 减仓 |
| 24 | ✓ | 0% | — | 不变 | |
| 25 | ✓ | 0% | — | 不变 | |
| 26 | WMT | Walmart Inc | 0% | -2.55% | 减仓 |
| 27 | IVW | Ishares S&p 500 Growth ETF | 0% | — | 减仓 |
| 28 | TJX | Tjx Companies Inc | 0% | — | 不变 |
| 29 | GD | General Dynamics CORP | 0% | — | 不变 |
| 30 | ✓ | American Express Co. | 0% | -0.59% | 减仓 |
| 31 | DCI | Donaldson Co Inc | 0% | — | 不变 |
| 32 | VOO | Vanguard S&p 500 ETF | 0% | — | 不变 |
| 33 | ✓ | — | — | 不变 | |
| 34 | DUK | Duke Energy CORP | — | — | 不变 |
| 35 | ✓ | Gologiq Inc Frestricted Shares | — | — | 不变 |
| 36 | JNJ | Johnson & Johnson | 0% | -1.74% | 减仓 |
| 37 | ✓ | Yum! Brands, Inc. | 0% | -2.18% | 减仓 |
| 38 | MCD | Mcdonald's CORP | 0% | +5.96% | 加仓 |
| 39 | DOV | Dover CORP | 0% | — | 不变 |
| 40 | VTI | Vanguard Total Stock Mkt ETF | 0% | -15.60% | 减仓 |
| 41 | SYK | Stryker CORP | 0% | — | 不变 |
| 42 | UNP | Union Pacific CORP | 0% | — | 不变 |
| 43 | DIS | Walt Disney Co/the | 0% | -2.29% | 减仓 |
| 44 | KMB | Kimberly-clark CORP | 0% | -5.05% | 减仓 |
| 45 | KO | Coca-cola Co/the | 0% | — | 不变 |
| 46 | HON | Honeywell International Inc | 0% | -3.75% | 减仓 |
| 47 | ✓ | 0% | — | 不变 | |
| 48 | PFE | Pfizer Inc | 0% | -1.64% | 减仓 |
| 49 | ✓ | 0% | — | 减仓 | |
| 50 | PM | Philip Morris International | 0% | — | 减仓 |
根据 SEC 官方 Form 13F 申报备案，M. Kraus & Co 在 Q3 2025 季度的美股持仓总市值约为 US$3.8亿，共申报了 83 个公开持股仓位。
在 Q3 2025 季度，M. Kraus & Co 按市值排列的前三大核心持股分别为：MSFT (10.9%)、GOOG (7.0%)、Berkshire Hathaway - B (6.3%)。其中最大持股仓位 MSFT 占据整体投资组合约 10.9% 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
RSG
市值: US$400.6万
本季最大获利了结 / 清仓标的
前期市值: US$30.1万
在 Q3 2025 季度中，M. Kraus & Co 共进行了 67 项持仓异动，包含新建仓 5 个仓位、加仓 10 个仓位、减仓 50 个仓位以及清仓 2 个仓位。 其中最大新建仓标的为 RSG。 本季清仓仓位包含 。
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。