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: 0001633227
申报总市值
US$8.2亿
US$8.2亿
126 檔
30.4%
在 Q4 2025 申报期间，McGowan Group Asset Management, Inc.（CIK: 0001633227）向美国 SEC 提交的 Form 13F 报告显示，其追踪之股票投资组合总市值达 US$8.2亿，共持有 126 个公开申报仓位。
在 Q4 2025，McGowan Group Asset Management, Inc. 操作展现出积极扩展与加仓意向。本季共新建仓 12 个新仓位，并对 65 个既有持股进行加仓（合计增持 77 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，McGowan Group Asset Management, Inc. 的前 5 大核心持股（包含 GENERAL MNY MKT FUND, JGH, XAWFX 等）合计占整体申报市值的 30.4%，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 | ✓ | General Mny Mkt Fund | 股票-其他 | 11.91% | — | -7.63% | |
| 2 | JGH | Nuveen Global High Income | 股票-其他 | 5.87% | -0.07% | +0.02% | |
| 3 | XAWFX | Alliancebernstein Gl Hi Inc | 股票-其他 | 4.93% | -0.19% | -0.53% | |
| 4 | HYT | Blackrock CORP Hi Yld | 股票-其他 | 4.19% | -0.20% | +0.45% | |
| 5 | UTF | Cohen & Steers Infrastructur | 股票-其他 | 4.13% | +0.10% | +0.67% | |
| 6 | DSL | Doubleline Income Solutions | 股票-其他 | 4.05% | -0.07% | -0.25% | |
| 7 | BTI | British American Tob-sp Adr | 股票-非周期性消费 | 3.93% | -0.01% | +0.43% | |
| 8 | XOM | Exxon Mobil CORP | 股票-能源 | 3.75% | -5.39% | EXIT | |
| 9 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 3.18% | -0.21% | +0.69% | |
| 10 | FLS | Flowserve CORP | 股票-工业 | 3.15% | -0.15% | — | |
| 11 | LLY | Eli Lilly & Co | 股票-医疗保健 | 2.86% | +0.60% | -0.54% | |
| 12 | BWXT | Bwx Technologies Inc | 股票-工业 | 2.75% | -0.24% | -0.28% | |
| 13 | MMM | 3m Co | 股票-工业 | 2.54% | -0.68% | -0.33% | |
| 14 | XEVTX | Eaton Vance Tax-adv Dvd Inc | 股票-其他 | 2.45% | +0.16% | -0.52% | |
| 15 | GSST | Goldman Sachs Ultra Short Bo | ETF-避险与商品 | 2.31% | +0.83% | +9.73% | |
| 16 | DELL | Dell Technologies -c | 股票-科技 | 2.07% | +1.76% | +0.14% | |
| 17 | XNEAX | Nuveen Amt-fr Qlty Muni Inc | 股票-其他 | 2.03% | -0.03% | +4.53% | |
| 18 | NAD | Nuveen Quality Municipal Inc | 股票-其他 | 2.03% | -0.01% | +4.50% | |
| 19 | CSQ | Calamos Strat Ttl Rtrn Fnd | 股票-其他 | 1.90% | +0.24% | +0.64% | |
| 20 | ET | Energy Transfer LP | 股票-能源 | 1.84% | -0.08% | +2.15% | |
| 21 | UNM | Unum Group | 股票-金融 | 1.82% | +0.26% | -0.20% | |
| 22 | ETG | Eaton Vance T/a Gl Dvd Incm | 股票-其他 | 1.79% | +0.17% | -0.03% | |
| 23 | EBAY | Ebay Inc | 股票-周期性消费 | 1.66% | -1.77% | EXIT | |
| 24 | CQP | Cheniere Energy Partners LP | 股票-其他 | 1.60% | -0.20% | +0.51% | |
| 25 | EPD | Enterprise Products Partners | 股票-能源 | 1.48% | -0.13% | +0.52% | |
| 26 | EQT | Eqt CORP | 股票-能源 | 1.40% | -0.32% | — | |
| 27 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 1.25% | +0.19% | +3.29% | |
| 28 | V | Visa Inc-class A Shares | 股票-金融 | 1.10% | +0.07% | +0.72% | |
| 29 | MSFT | Microsoft CORP | 股票-科技 | 1.03% | -0.02% | +1.92% | |
| 30 | ALL | Allstate CORP | 股票-金融 | 0.91% | -0.95% | EXIT | |
| 31 | CVX | Chevron CORP | 股票-能源 | 0.78% | -0.27% | -1.44% | |
| 32 | TOST | Toast Inc-class A | 股票-科技 | 0.78% | +0.01% | +0.20% | |
| 33 | NVG | Nuveen Amt-fr Muni Crdt | 股票-其他 | 0.75% | — | +7.56% | |
| 34 | TXN | Texas Instruments Inc | 股票-科技 | 0.72% | +0.24% | +0.00% | |
| 35 | NZF | Nuveen Municipal Credit Inc | 股票-其他 | 0.71% | — | +8.70% | |
| 36 | AAPL | Apple Inc | 股票-科技 | 0.65% | +0.06% | +1.24% | |
| 37 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.60% | +0.04% | +1.09% | |
| 38 | VFLO | Victoryshares Free Cash Flow | ETF-其他 | 0.53% | +0.11% | — | |
| 39 | TMUS | T-mobile US Inc | 股票-通信服务 | 0.50% | -0.54% | EXIT | |
| 40 | KYN | Kayne Anderson Energy Infra | 股票-其他 | 0.47% | -0.04% | +0.09% | |
| 41 | TX PRADEV 6.95 12-01-2035债券 | Prairielands Pub Fac | 债券 | 0.42% | — | — | |
| 42 | ENVX | Enovix CORP | 股票-其他 | 0.35% | +0.02% | +6.00% | |
| 43 | EXE | Expand Energy CORP | 股票-能源 | 0.33% | -0.04% | +0.44% | |
| 44 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.32% | — | +0.75% | |
| 45 | CPA | Copa Holdings, S.A. | 股票-其他 | 0.30% | +0.13% | +11.41% | |
| 46 | UAMY | United States Antimony CORP | 股票-其他 | 0.27% | -0.10% | — | |
| 47 | STKS | One Group Hospitality Inc/th | 股票-其他 | 0.21% | +0.02% | +12.72% | |
| 48 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.20% | -0.01% | +0.09% | |
| 49 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.19% | -0.01% | -0.02% | |
| 50 | TX FANFAC 7 10-01-2032债券 | Fannin Co Fac-txbl | 债券 | 0.19% | — | — |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +0.8% | -0.54% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.3% | +3.29% | 加仓 |
| 3 | XOM | Exxon Mobil CORP | +0.3% | +0.97% | 加仓 |
| 4 | BTI | British American Tob-sp Adr | +0.3% | +0.43% | 加仓 |
| 5 | GSST | Goldman Sachs Ultra Short Bo | +0.2% | +9.73% | 加仓 |
| 6 | PAGP | Plains Gp Holdings Lp-cl A | +0.2% | +0.69% | 加仓 |
| 7 | ETG | Eaton Vance T/a Gl Dvd Incm | +0.2% | -0.03% | 减仓 |
| 8 | NAD | Nuveen Quality Municipal Inc | +0.1% | +4.50% | 加仓 |
| 9 | XNEAX | Nuveen Amt-fr Qlty Muni Inc | +0.1% | +4.53% | 加仓 |
| 10 | NVG | Nuveen Amt-fr Muni Crdt | +0.1% | +7.56% | 加仓 |
| 11 | MMM | 3m Co | +0.1% | -0.33% | 减仓 |
| 12 | XEVTX | Eaton Vance Tax-adv Dvd Inc | +0.1% | -0.52% | 减仓 |
| 13 | NZF | Nuveen Municipal Credit Inc | +0.1% | +8.70% | 加仓 |
| 14 | AAPL | Apple Inc | +0.1% | +1.24% | 加仓 |
| 15 | EPD | Enterprise Products Partners | +0.1% | +0.52% | 加仓 |
| 16 | V | Visa Inc-class A Shares | 0% | +0.72% | 加仓 |
| 17 | AMZN | Amazon.com Inc | 0% | +1.09% | 加仓 |
| 18 | CPA | Copa Holdings, S.A. | 0% | +11.41% | 加仓 |
| 19 | RLGT | Radiant Logistics Inc | 0% | +19.19% | 加仓 |
| 20 | CAT | Caterpillar Inc | 0% | +0.06% | 加仓 |
| 21 | AMAT | Applied Materials Inc | 0% | — | 不变 |
| 22 | KLAC | Kla CORP | 0% | — | 不变 |
| 23 | FCX | Freeport-mcmoran Inc | 0% | +0.18% | 加仓 |
| 24 | EXE | Expand Energy CORP | 0% | +0.44% | 加仓 |
| 25 | APH | Amphenol Corp-cl A | 0% | +0.02% | 加仓 |
| 26 | WMT | Walmart Inc | 0% | +3.13% | 加仓 |
| 27 | RTX | Rtx CORP | 0% | +6.79% | 加仓 |
| 28 | MLPA | Global X Mlp ETF | 0% | +28.72% | 加仓 |
| 29 | AVGO | Broadcom Inc | 0% | +20.09% | 加仓 |
| 30 | IBM | Intl Business Machines CORP | 0% | +1.24% | 加仓 |
| 31 | CRK | Comstock Resources Inc | 0% | — | 不变 |
| 32 | CSCO | Cisco Systems Inc | 0% | +1.39% | 加仓 |
| 33 | DE | Deere & Co | 0% | -0.35% | 减仓 |
| 34 | TX FANFAC 7 10-01-2032债券 | Fannin Co Fac-txbl | 0% | — | 不变 |
| 35 | PEP | Pepsico Inc | 0% | +0.70% | 加仓 |
| 36 | JNJ | Johnson & Johnson | — | -4.73% | 减仓 |
| 37 | TJX | Tjx Companies Inc | — | +13.31% | 加仓 |
| 38 | VGT | Vanguard Info Tech ETF | — | +18.57% | 加仓 |
| 39 | TX PRADEV 6.95 12-01-2035债券 | Prairielands Pub Fac | — | — | 不变 |
| 40 | ACN | Accenture plc | — | — | 不变 |
| 41 | MELI | Mercadolibre Inc | — | +5.33% | 加仓 |
| 42 | META | Meta Platforms Inc-class A | — | +6.94% | 加仓 |
| 43 | NOC | Northrop Grumman CORP | — | — | 不变 |
| 44 | CSQ | Calamos Strat Ttl Rtrn Fnd | — | +0.64% | 加仓 |
| 45 | GE | General Electric | — | -12.23% | 减仓 |
| 46 | WMB | Williams Cos Inc | — | +0.68% | 加仓 |
| 47 | DUK | Duke Energy CORP | — | +0.06% | 加仓 |
| 48 | CI | THE Cigna Group | — | +0.07% | 加仓 |
| 49 | MA | Mastercard Inc - A | — | +0.91% | 加仓 |
| 50 | VOC | Voc Energy Trust | — | +3.01% | 加仓 |
根据 SEC 官方 Form 13F 申报备案，McGowan Group Asset Management, Inc. 在 Q4 2025 季度的美股持仓总市值约为 US$8.2亿，共申报了 126 个公开持股仓位。
在 Q4 2025 季度，McGowan Group Asset Management, Inc. 按市值排列的前三大核心持股分别为：GENERAL MNY MKT FUND (11.9%)、JGH (5.9%)、XAWFX (4.9%)。其中最大持股仓位 GENERAL MNY MKT FUND 占据整体投资组合约 11.9% 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
FLS
市值: US$2535.1万
本季最大获利了结 / 清仓标的
ARCC
前期市值: US$2387.2万
在 Q4 2025 季度中，McGowan Group Asset Management, Inc. 共进行了 111 项持仓异动，包含新建仓 12 个仓位、加仓 65 个仓位、减仓 27 个仓位以及清仓 7 个仓位。 其中最大新建仓标的为 FLS。 本季清仓仓位包含 ARCC。
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。