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: 0001975730
申报总市值
US$1.4亿
US$1.4亿
114 檔
25.0%
Pinnacle West Asset Management, Inc. 在 Q4 2025 季度的美股仓位总计估值为 US$1.4亿，分散于 114 个持仓标的之中，反映其市场参与广度与投资规模。
在 Q4 2025，Pinnacle West Asset Management, Inc. 展现出较为审慎的避险与获利了结姿态。本季共减仓 87 个仓位并完全清仓 5 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，Pinnacle West Asset Management, Inc. 的前 5 大核心持股（包含 MSFT, AAPL, NVDA 等）合计占整体申报市值的 25.0%，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 | 7.57% | -3.11% | -0.93% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.62% | -2.35% | -1.68% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 3.27% | +0.51% | -3.74% | |
| 4 | LLY | Eli Lilly & Co | 股票-医疗保健 | 3.06% | -0.82% | -0.90% | |
| 5 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.95% | +0.36% | -2.69% | |
| 6 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.86% | +0.40% | -1.93% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.56% | +0.64% | -2.89% | |
| 8 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.33% | — | -2.19% | |
| 9 | WMT | Walmart Inc | 股票-非周期性消费 | 2.29% | -0.21% | -1.02% | |
| 10 | GS | Goldman Sachs Group Inc | 股票-金融 | 2.28% | +0.47% | -1.48% | |
| 11 | WMB | Williams Cos Inc | 股票-能源 | 2.07% | +0.09% | -2.75% | |
| 12 | AMGN | Amgen Inc | 股票-医疗保健 | 2.03% | +0.06% | -1.14% | |
| 13 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.97% | +0.07% | -2.01% | |
| 14 | HD | Home Depot Inc | 股票-周期性消费 | 1.96% | +0.18% | -1.41% | |
| 15 | BLKCHF | Blackrock Inc | 股票-其他 | 1.79% | +0.02% | -1.23% | |
| 16 | CAT | Caterpillar Inc | 股票-工业 | 1.79% | +1.13% | -1.53% | |
| 17 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.68% | -0.07% | -2.03% | |
| 18 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 1.62% | +0.74% | +1.21% | |
| 19 | XOM | Exxon Mobil CORP | 股票-能源 | 1.57% | -0.42% | -1.23% | |
| 20 | CVX | Chevron CORP | 股票-能源 | 1.50% | -0.39% | -1.78% | |
| 21 | ORCL | Oracle CORP | 股票-科技 | 1.35% | -0.01% | -2.07% | |
| 22 | CSCO | Cisco Systems Inc | 股票-科技 | 1.32% | +0.68% | -3.21% | |
| 23 | MCD | Mcdonald's CORP | 股票-周期性消费 | 1.30% | -0.16% | -1.36% | |
| 24 | EPD | Enterprise Products Partners | 股票-能源 | 1.22% | -0.02% | -2.37% | |
| 25 | BX | Blackstone Inc | 股票-金融 | 1.20% | +0.04% | -4.80% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 1.20% | +0.15% | -0.81% | |
| 27 | IBM | Intl Business Machines CORP | 股票-科技 | 1.18% | +0.17% | -2.28% | |
| 28 | DE | Deere & Co | 股票-工业 | 1.18% | +0.19% | -1.27% | |
| 29 | UNP | Union Pacific CORP | 股票-工业 | 1.14% | +0.15% | -0.98% | |
| 30 | ✓ | 股票-其他 | 1.12% | — | — | ||
| 31 | STX | Seagate Technology Holdings plc | 股票-科技 | 1.09% | +2.30% | -0.81% | |
| 32 | DIS | Walt Disney Co/the | 股票-通信服务 | 1.04% | +0.02% | -1.58% | |
| 33 | OKE | Oneok Inc | 股票-能源 | 1.00% | -0.03% | -3.88% | |
| 34 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.95% | +0.19% | -0.21% | |
| 35 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.88% | +0.05% | -1.81% | |
| 36 | ADP | Automatic Data Processing | 股票-科技 | 0.87% | +0.08% | -0.82% | |
| 37 | TXN | Texas Instruments Inc | 股票-科技 | 0.83% | +0.54% | -2.56% | |
| 38 | NSC | Norfolk Southern CORP | 股票-工业 | 0.74% | +0.08% | -2.35% | |
| 39 | INTC | Intel CORP | 股票-科技 | 0.67% | +1.59% | -1.23% | |
| 40 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.67% | +0.07% | +1.04% | |
| 41 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.66% | -0.06% | -1.80% | |
| 42 | BA | Boeing Co/the | 股票-工业 | 0.66% | +0.06% | -1.27% | |
| 43 | COP | Conocophillips | 股票-能源 | 0.64% | -0.19% | +0.72% | |
| 44 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.60% | +0.02% | -1.54% | |
| 45 | HON | Honeywell International Inc | 股票-工业 | 0.59% | — | -1.06% | |
| 46 | VZ | Verizon Communications Inc | 股票-通信服务 | 0.59% | -0.10% | -1.00% | |
| 47 | GPC | Genuine Parts Co | 股票-周期性消费 | 0.59% | +0.06% | -1.68% | |
| 48 | QCOM | Qualcomm Inc | 股票-科技 | 0.58% | +0.20% | -1.42% | |
| 49 | INTU | Intuit Inc | 股票-科技 | 0.58% | -0.16% | -1.98% | |
| 50 | MMM | 3m Co | 股票-工业 | 0.57% | +0.06% | -1.08% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | LLY | Eli Lilly & Co | +0.9% | -0.90% | 减仓 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.5% | -2.89% | 减仓 |
| 3 | AAPL | Apple Inc | +0.3% | -1.68% | 减仓 |
| 4 | CAT | Caterpillar Inc | +0.3% | -1.53% | 减仓 |
| 5 | AMGN | Amgen Inc | +0.3% | -1.14% | 减仓 |
| 6 | GOOG | Alphabet Inc-cl C | +0.2% | -0.21% | 减仓 |
| 7 | GS | Goldman Sachs Group Inc | +0.2% | -1.48% | 减仓 |
| 8 | JNJ | Johnson & Johnson | +0.2% | -2.01% | 减仓 |
| 9 | WMT | Walmart Inc | +0.2% | -1.02% | 减仓 |
| 10 | STX | Seagate Technology Holdings plc | +0.2% | -0.81% | 减仓 |
| 11 | MRK | Merck & Co. Inc. | +0.2% | +1.04% | 加仓 |
| 12 | CSCO | Cisco Systems Inc | +0.1% | -3.21% | 减仓 |
| 13 | BMY | Bristol-myers Squibb Co | +0.1% | +2.14% | 加仓 |
| 14 | AMZN | Amazon.com Inc | +0.1% | -1.93% | 减仓 |
| 15 | UPS | United Parcel Service-cl B | +0.1% | -0.58% | 减仓 |
| 16 | XOM | Exxon Mobil CORP | +0.1% | -1.23% | 减仓 |
| 17 | RY | Royal Bank Of Canada | +0.1% | — | 不变 |
| 18 | INTC | Intel CORP | +0.1% | -1.23% | 减仓 |
| 19 | DHR | Danaher CORP | +0.1% | — | 不变 |
| 20 | HII | Huntington Ingalls Industrie | +0.1% | -1.66% | 减仓 |
| 21 | PCAR | Paccar Inc | 0% | -0.84% | 减仓 |
| 22 | IBM | Intl Business Machines CORP | 0% | -2.28% | 减仓 |
| 23 | PRU | Prudential Financial Inc | 0% | -1.75% | 减仓 |
| 24 | BHP | Bhp Group Ltd-spon Adr | 0% | -1.06% | 减仓 |
| 25 | KO | Coca-cola Co/the | 0% | -0.67% | 减仓 |
| 26 | V | Visa Inc-class A Shares | 0% | -0.81% | 减仓 |
| 27 | AXP | American Express Co | 0% | — | 不变 |
| 28 | BDX | Becton Dickinson And Co | 0% | +4.52% | 加仓 |
| 29 | BKH | Black Hills CORP | 0% | -1.44% | 减仓 |
| 30 | NEE | Nextera Energy Inc | 0% | -1.19% | 减仓 |
| 31 | NVS | Novartis Ag-sponsored Adr | 0% | -2.29% | 减仓 |
| 32 | ✓ | 0% | +7.39% | 加仓 | |
| 33 | CRM | Salesforce Inc | 0% | -3.66% | 减仓 |
| 34 | MMM | 3m Co | 0% | -1.08% | 减仓 |
| 35 | WAFD | Wafd Inc | 0% | — | 不变 |
| 36 | BAC | Bank Of America CORP | 0% | -1.32% | 减仓 |
| 37 | NSRGY | Nestle Sa-spons Adr | 0% | -2.46% | 减仓 |
| 38 | QCOM | Qualcomm Inc | 0% | -1.42% | 减仓 |
| 39 | SIEGY | Siemens Ag-spons Adr | 0% | — | 不变 |
| 40 | DE | Deere & Co | 0% | -1.27% | 减仓 |
| 41 | PEP | Pepsico Inc | 0% | -1.24% | 减仓 |
| 42 | AEP | American Electric Power | 0% | -1.55% | 减仓 |
| 43 | EPD | Enterprise Products Partners | 0% | -2.37% | 减仓 |
| 44 | SYK | Stryker CORP | 0% | +5.61% | 加仓 |
| 45 | MCD | Mcdonald's CORP | — | -1.36% | 减仓 |
| 46 | ED | Consolidated Edison Inc | — | -2.40% | 减仓 |
| 47 | SBUX | Starbucks CORP | — | -0.97% | 减仓 |
| 48 | SRE | Sempra | — | -0.95% | 减仓 |
| 49 | BA | Boeing Co/the | — | -1.27% | 减仓 |
| 50 | ATO | Atmos Energy CORP | — | — | 不变 |
根据 SEC 官方 Form 13F 申报备案，Pinnacle West Asset Management, Inc. 在 Q4 2025 季度的美股持仓总市值约为 US$1.4亿，共申报了 114 个公开持股仓位。
在 Q4 2025 季度，Pinnacle West Asset Management, Inc. 按市值排列的前三大核心持股分别为：MSFT (7.6%)、AAPL (6.6%)、NVDA (3.3%)。其中最大持股仓位 MSFT 占据整体投资组合约 7.6% 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
市值: US$58.0万
本季最大获利了结 / 清仓标的
RTX
前期市值: US$54.6万
在 Q4 2025 季度中，Pinnacle West Asset Management, Inc. 共进行了 107 项持仓异动，包含新建仓 3 个仓位、加仓 12 个仓位、减仓 87 个仓位以及清仓 5 个仓位。 其中最大新建仓标的为 。 本季清仓仓位包含 RTX。
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。