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: 0001795552
申报总市值
US$58.4亿
US$58.4亿
1368 檔
14.4%
在 Q3 2025 的 13F 官方备案中，Maryland State Retirement & Pension System 管理的美股投资组合规模来到 US$58.4亿，整体持股档数为 1368 档。
在 Q3 2025，Maryland State Retirement & Pension System 操作展现出积极扩展与加仓意向。本季共新建仓 13 个新仓位，并对 143 个既有持股进行加仓（合计增持 156 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Maryland State Retirement & Pension System 的前 5 大核心持股（包含 NVDA, MSFT, AAPL 等）合计占整体申报市值的 14.4%，反映机构在主要关键仓位上的权重分布。
仅显示前 200 大持股（共 1368 只）
| # | 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 | NVDA | Nvidia CORP | 股票-科技 | 4.56% | +0.13% | +2.60% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.01% | -0.25% | +2.61% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.88% | +0.12% | +1.50% | |
| 4 | ENB | Enbridge Inc | 股票-能源 | 3.04% | -0.80% | +0.44% | |
| 5 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.20% | +0.09% | +2.58% | |
| 6 | AMT | American Tower CORP | 股票-房地产 | 1.85% | -0.25% | +2.85% | |
| 7 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.68% | -0.14% | +2.65% | |
| 8 | AVGO | Broadcom Inc | 股票-科技 | 1.59% | +0.16% | +2.60% | |
| 9 | WMB | Williams Cos Inc | 股票-能源 | 1.59% | -0.16% | +2.86% | |
| 10 | TRP | Tc Energy CORP | 股票-能源 | 1.56% | -0.36% | +0.44% | |
| 11 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.48% | +0.21% | +2.59% | |
| 12 | TSLA | Tesla Inc | 股票-周期性消费 | 1.31% | +0.06% | +2.61% | |
| 13 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.20% | +0.16% | +2.57% | |
| 14 | SRE | Sempra | 股票-公用事业 | 1.20% | -0.19% | +2.85% | |
| 15 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.14% | -0.20% | +3.92% | |
| 16 | LNG | Cheniere Energy Inc | 股票-能源 | 1.06% | -0.32% | +1.91% | |
| 17 | ET | Energy Transfer LP | 股票-能源 | 1.06% | -0.14% | +5.17% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.97% | -0.04% | +2.60% | |
| 19 | OKE | Oneok Inc | 股票-能源 | 0.94% | -0.16% | +3.61% | |
| 20 | EXC | Exelon CORP | 股票-公用事业 | 0.93% | -0.15% | +2.97% | |
| 21 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.92% | -0.01% | +2.64% | |
| 22 | EPD | Enterprise Products Partners | 股票-能源 | 0.88% | -0.15% | +2.69% | |
| 23 | CCI | Crown Castle Inc | 股票-房地产 | 0.86% | -0.11% | +2.82% | |
| 24 | ED | Consolidated Edison Inc | 股票-公用事业 | 0.74% | -0.09% | +3.04% | |
| 25 | TRGP | Targa Resources CORP | 股票-能源 | 0.74% | -0.05% | +1.93% | |
| 26 | ✓ | Ferrovial Se | 股票-其他 | 0.71% | -0.08% | -1.83% | |
| 27 | PCG | P G & E CORP | 股票-公用事业 | 0.68% | -0.11% | +2.87% | |
| 28 | FTS | Fortis Inc | 股票-公用事业 | 0.65% | -0.09% | -0.06% | |
| 29 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.64% | +0.13% | +2.68% | |
| 30 | V | Visa Inc-class A Shares | 股票-金融 | 0.61% | — | +2.67% | |
| 31 | PBA | Pembina Pipeline CORP | 股票-能源 | 0.60% | -0.15% | -0.45% | |
| 32 | ATO | Atmos Energy CORP | 股票-公用事业 | 0.56% | -0.10% | +3.75% | |
| 33 | AWK | American Water Works Co Inc | 股票-公用事业 | 0.56% | -0.07% | +2.76% | |
| 34 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.55% | -0.01% | +7.40% | |
| 35 | ES | Eversource Energy | 股票-公用事业 | 0.54% | -0.03% | +3.71% | |
| 36 | NFLX | Netflix Inc | 股票-通信服务 | 0.53% | -0.14% | +2.71% | |
| 37 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 0.52% | -0.06% | +2.74% | |
| 38 | XOM | Exxon Mobil CORP | 股票-能源 | 0.51% | -0.21% | +2.65% | |
| 39 | ORCL | Oracle CORP | 股票-科技 | 0.49% | -0.02% | +2.68% | |
| 40 | MA | Mastercard Inc - A | 股票-金融 | 0.48% | -0.03% | +2.76% | |
| 41 | AEM | Agnico Eagle Mines LTD | 股票-原材料 | 0.47% | -0.37% | +3.55% | |
| 42 | WMT | Walmart Inc | 股票-非周期性消费 | 0.47% | -0.09% | +2.61% | |
| 43 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.47% | -0.04% | +2.66% | |
| 44 | RY | Royal Bank Of Canada | 股票-金融 | 0.46% | +0.05% | +11.44% | |
| 45 | EIX | Edison International | 股票-公用事业 | 0.44% | -0.05% | +2.97% | |
| 46 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.43% | -0.07% | +2.73% | |
| 47 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.43% | +0.02% | +2.73% | |
| 48 | SBAC | Sba Communications CORP | 股票-房地产 | 0.43% | -0.03% | +2.83% | |
| 49 | HD | Home Depot Inc | 股票-周期性消费 | 0.42% | -0.01% | +2.84% | |
| 50 | NI | Nisource Inc | 股票-公用事业 | 0.42% | -0.04% | +2.75% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +1.7% | +2.60% | 加仓 |
| 2 | MSFT | Microsoft CORP | +0.9% | +2.61% | 加仓 |
| 3 | AVGO | Broadcom Inc | +0.7% | +2.60% | 加仓 |
| 4 | TSLA | Tesla Inc | +0.5% | +2.61% | 加仓 |
| 5 | GOOGL | Alphabet Inc-cl A | +0.5% | +2.59% | 加仓 |
| 6 | GOOG | Alphabet Inc-cl C | +0.4% | +2.57% | 加仓 |
| 7 | META | Meta Platforms Inc-class A | +0.3% | +2.65% | 加仓 |
| 8 | SRE | Sempra | +0.2% | +2.85% | 加仓 |
| 9 | ORCL | Oracle CORP | +0.2% | +2.68% | 加仓 |
| 10 | AAPL | Apple Inc | +0.2% | +1.50% | 加仓 |
| 11 | PLTR | Palantir Technologies Inc-a | +0.2% | +2.76% | 加仓 |
| 12 | AMZN | Amazon.com Inc | +0.2% | +2.58% | 加仓 |
| 13 | SHOP | Shopify Inc - Class A | +0.2% | +7.40% | 加仓 |
| 14 | JPM | Jpmorgan Chase & Co | +0.2% | +2.64% | 加仓 |
| 15 | AEM | Agnico Eagle Mines LTD | +0.1% | +3.55% | 加仓 |
| 16 | RY | Royal Bank Of Canada | +0.1% | +11.44% | 加仓 |
| 17 | APP | Applovin Corp-class A | +0.1% | +2.70% | 减仓 |
| 18 | TD | Toronto-dominion Bank | +0.1% | +9.16% | 加仓 |
| 19 | GE | General Electric | +0.1% | +2.36% | 加仓 |
| 20 | AMD | Advanced Micro Devices | +0.1% | +2.43% | 加仓 |
| 21 | MU | Micron Technology Inc | +0.1% | +2.60% | 加仓 |
| 22 | EFV | Ishares Msci Eafe Value ETF | +0.1% | +33.67% | 加仓 |
| 23 | GEV | GE Vernova Inc | +0.1% | +2.71% | 加仓 |
| 24 | NFLX | Netflix Inc | +0.1% | +2.71% | 加仓 |
| 25 | KGC | Kinross Gold CORP | +0.1% | -0.83% | 减仓 |
| 26 | LRCX | Lam Research CORP | +0.1% | +2.61% | 加仓 |
| 27 | HOOD | Robinhood Markets Inc - A | +0.1% | +2.10% | 加仓 |
| 28 | EFA | Ishares Msci Eafe ETF | +0.1% | -48.51% | 加仓 |
| 29 | BNS | Bank Of Nova Scotia | +0.1% | +8.21% | 加仓 |
| 30 | GS | Goldman Sachs Group Inc | +0.1% | +1.31% | 加仓 |
| 31 | BN | Brookfield CORP | +0.1% | +22.95% | 加仓 |
| 32 | APH | Amphenol Corp-cl A | +0.1% | +2.60% | 加仓 |
| 33 | ANET | Arista Networks Inc | +0.1% | +2.57% | 加仓 |
| 34 | IWB | Ishares Russell 1000 ETF | +0.1% | +9.41% | 加仓 |
| 35 | ES | Eversource Energy | +0.1% | +3.71% | 加仓 |
| 36 | CM | Can Imperial Bk Of Commerce | +0.1% | +7.30% | 加仓 |
| 37 | COF | Capital One Financial CORP | +0.1% | +2.62% | 加仓 |
| 38 | RBLX | Roblox CORP -class A | +0.1% | +11.21% | 加仓 |
| 39 | ✓ | Ferrovial Se | +0.1% | -1.83% | 减仓 |
| 40 | WMT | Walmart Inc | +0.1% | +2.61% | 加仓 |
| 41 | BAC | Bank Of America CORP | +0.1% | +0.95% | 加仓 |
| 42 | CAT | Caterpillar Inc | +0.1% | +2.50% | 加仓 |
| 43 | BMO | Bank Of Montreal | +0.1% | +10.29% | 加仓 |
| 44 | KLAC | Kla CORP | +0.1% | +2.60% | 加仓 |
| 45 | UBER | Uber Technologies Inc | +0.1% | +2.64% | 加仓 |
| 46 | WMB | Williams Cos Inc | 0% | +2.86% | 加仓 |
| 47 | ATO | Atmos Energy CORP | 0% | +3.75% | 加仓 |
| 48 | SBS | Cia Saneamento Basico De-adr | 0% | -0.46% | 减仓 |
| 49 | C | Citigroup Inc | 0% | +1.14% | 加仓 |
| 50 | MS | Morgan Stanley | 0% | +2.56% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，Maryland State Retirement & Pension System 在 Q3 2025 季度的美股持仓总市值约为 US$58.4亿，共申报了 1368 个公开持股仓位。
在 Q3 2025 季度，Maryland State Retirement & Pension System 按市值排列的前三大核心持股分别为：NVDA (4.6%)、MSFT (4.0%)、AAPL (3.9%)。其中最大持股仓位 NVDA 占据整体投资组合约 4.6% 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
B
市值: US$1900.3万
本季最大获利了结 / 清仓标的
XLU
前期市值: US$4480.8万
在 Q3 2025 季度中，Maryland State Retirement & Pension System 共进行了 200 项持仓异动，包含新建仓 13 个仓位、加仓 143 个仓位、减仓 33 个仓位以及清仓 11 个仓位。 其中最大新建仓标的为 B。 本季清仓仓位包含 XLU。
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。