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: 0001593051
申报总市值
US$332.1亿
US$332.1亿
943 檔
17.9%
在 Q4 2025 申报期间，Retirement Systems of Alabama（CIK: 0001593051）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$332.1亿，共持有 943 个公开申报仓位。
在 Q4 2025，Retirement Systems of Alabama 展现出较为审慎的避险与获利了结姿态。本季共减仓 123 个仓位并完全清仓 8 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，Retirement Systems of Alabama 的前 5 大核心持股（包含 NVDA, AAPL, MSFT 等）合计占整体申报市值的 17.9%，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 943 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 | 5.36% | +0.14% | -0.40% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 4.61% | +0.11% | -0.42% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.12% | -0.31% | -0.17% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.80% | -0.06% | +1.14% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.37% | +0.20% | +0.06% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.01% | +0.33% | -0.16% | |
| 7 | IEMG | Ishares Core Msci Emerging | ETF-新兴市场 | 1.66% | +0.13% | — | |
| 8 | EEM | Ishares Msci Emerging Market | ETF-新兴市场 | 1.62% | +0.15% | — | |
| 9 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 1.61% | +0.24% | -0.44% | |
| 10 | META | Meta Platforms Inc-class A | 股票-通信服务 | 1.51% | -0.02% | +0.09% | |
| 11 | DFAE | Dimensional Emerging Core Eq | ETF-新兴市场 | 1.34% | +0.10% | — | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.21% | -0.07% | -0.14% | |
| 13 | TSLA | Tesla Inc | 股票-周期性消费 | 1.10% | +0.05% | -0.11% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.99% | -0.01% | -0.78% | |
| 15 | V | Visa Inc-class A Shares | 股票-金融 | 0.84% | +0.01% | -0.45% | |
| 16 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.82% | -0.16% | -0.10% | |
| 17 | BND | Vanguard Total Bond Market | ETF-其他 | 0.72% | -0.08% | -0.52% | |
| 18 | CSCO | Cisco Systems Inc | 股票-科技 | 0.69% | +0.04% | -0.23% | |
| 19 | VOO | Vanguard S&p 500 ETF | ETF-大型股与成长 | 0.68% | +0.05% | -4.69% | |
| 20 | MA | Mastercard Inc - A | 股票-金融 | 0.67% | -0.04% | -0.45% | |
| 21 | IBM | Intl Business Machines CORP | 股票-科技 | 0.64% | +0.04% | -4.64% | |
| 22 | WMT | Walmart Inc | 股票-非周期性消费 | 0.64% | -0.20% | -7.10% | |
| 23 | BAC | Bank Of America CORP | 股票-金融 | 0.61% | +0.01% | -0.71% | |
| 24 | CRM | Salesforce Inc | 股票-科技 | 0.59% | -0.12% | -0.20% | |
| 25 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.59% | +0.02% | -0.11% | |
| 26 | LLY | Eli Lilly & Co | 股票-医疗保健 | 0.59% | +0.19% | -0.39% | |
| 27 | CVX | Chevron CORP | 股票-能源 | 0.57% | -0.22% | -0.68% | |
| 28 | XOM | Exxon Mobil CORP | 股票-能源 | 0.55% | -0.22% | -0.86% | |
| 29 | GE | General Electric | 股票-工业 | 0.53% | +0.09% | -0.34% | |
| 30 | WFC | Wells Fargo & Co | 股票-金融 | 0.53% | -0.03% | -0.88% | |
| 31 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.49% | -0.02% | -0.44% | |
| 32 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.47% | -0.05% | -0.25% | |
| 33 | MS | Morgan Stanley | 股票-金融 | 0.47% | — | -0.23% | |
| 34 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.45% | -0.11% | +13.99% | |
| 35 | PLD | Prologis Inc | 股票-房地产 | 0.45% | -0.04% | -0.86% | |
| 36 | AXP | American Express Co | 股票-金融 | 0.45% | -0.02% | -0.40% | |
| 37 | PM | Philip Morris International | 股票-非周期性消费 | 0.44% | -0.03% | +11.29% | |
| 38 | CAT | Caterpillar Inc | 股票-工业 | 0.43% | +0.19% | -0.16% | |
| 39 | C | Citigroup Inc | 股票-金融 | 0.42% | +0.01% | -1.09% | |
| 40 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.41% | -0.02% | -0.15% | |
| 41 | MU | Micron Technology Inc | 股票-科技 | 0.41% | +0.98% | -25.39% | |
| 42 | NFLX | Netflix Inc | 股票-通信服务 | 0.41% | -0.08% | +896.26% | |
| 43 | AMAT | Applied Materials Inc | 股票-科技 | 0.39% | +0.48% | -0.36% | |
| 44 | ISRG | Intuitive Surgical Inc | 股票-医疗保健 | 0.38% | -0.07% | +19.71% | |
| 45 | TMO | Thermo Fisher Scientific Inc | 股票-医疗保健 | 0.38% | -0.03% | -0.31% | |
| 46 | ADBE | Adobe Inc | 股票-科技 | 0.37% | -0.03% | -0.44% | |
| 47 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.37% | -0.05% | -0.76% | |
| 48 | AMGN | Amgen Inc | 股票-医疗保健 | 0.37% | -0.03% | -0.08% | |
| 49 | HD | Home Depot Inc | 股票-周期性消费 | 0.36% | -0.02% | -0.15% | |
| 50 | QCOM | Qualcomm Inc | 股票-科技 | 0.36% | +0.08% | -0.34% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.4% | -0.16% | 减仓 |
| 2 | GOOG | Alphabet Inc-cl C | +0.3% | -0.44% | 减仓 |
| 3 | AAPL | Apple Inc | +0.2% | -0.42% | 减仓 |
| 4 | LLY | Eli Lilly & Co | +0.2% | -0.39% | 减仓 |
| 5 | CVS | Cvs Health CORP | +0.2% | +224.00% | 加仓 |
| 6 | WDAY | Workday Inc-class A | +0.1% | +431.90% | 加仓 |
| 7 | ISRG | Intuitive Surgical Inc | +0.1% | +19.71% | 加仓 |
| 8 | AMZN | Amazon.com Inc | +0.1% | +1.14% | 加仓 |
| 9 | MU | Micron Technology Inc | +0.1% | -25.39% | 减仓 |
| 10 | REGN | Regeneron Pharmaceuticals | +0.1% | -0.23% | 减仓 |
| 11 | VGIT | Vanguard Intermediate-term T | +0.1% | +49.89% | 加仓 |
| 12 | JNJ | Johnson & Johnson | +0.1% | -0.10% | 减仓 |
| 13 | AMAT | Applied Materials Inc | +0.1% | -0.36% | 减仓 |
| 14 | AVY | Avery Dennison CORP | +0.1% | +87.89% | 加仓 |
| 15 | AVGO | Broadcom Inc | +0.1% | +0.06% | 加仓 |
| 16 | CSCO | Cisco Systems Inc | +0.1% | -0.23% | 减仓 |
| 17 | CAT | Caterpillar Inc | +0.1% | -0.16% | 减仓 |
| 18 | CTSH | Cognizant Tech Solutions-a | +0.1% | -0.11% | 减仓 |
| 19 | GM | General Motors Co | +0.1% | -0.47% | 减仓 |
| 20 | CRM | Salesforce Inc | +0.1% | -0.20% | 减仓 |
| 21 | TMO | Thermo Fisher Scientific Inc | +0.1% | -0.31% | 减仓 |
| 22 | CAH | Cardinal Health Inc | +0.1% | -0.10% | 减仓 |
| 23 | AMD | Advanced Micro Devices | +0.1% | +0.05% | 加仓 |
| 24 | LITE | Lumentum Holdings Inc | +0.1% | +0.83% | 加仓 |
| 25 | BMY | Bristol-myers Squibb Co | +0.1% | +8.21% | 加仓 |
| 26 | AMGN | Amgen Inc | +0.1% | -0.08% | 减仓 |
| 27 | C | Citigroup Inc | +0.1% | -1.09% | 减仓 |
| 28 | TWLO | Twilio Inc - A | +0.1% | -0.96% | 减仓 |
| 29 | CIEN | Ciena CORP | +0.1% | -0.95% | 减仓 |
| 30 | WFC | Wells Fargo & Co | 0% | -0.88% | 减仓 |
| 31 | MS | Morgan Stanley | 0% | -0.23% | 减仓 |
| 32 | COHR | Coherent CORP | 0% | +0.36% | 加仓 |
| 33 | AXP | American Express Co | 0% | -0.40% | 减仓 |
| 34 | AKAM | Akamai Technologies Inc | 0% | +0.00% | 加仓 |
| 35 | NTNX | Nutanix Inc - A | 0% | +123.72% | 加仓 |
| 36 | AR | Antero Resources CORP | 0% | +99.99% | 加仓 |
| 37 | ATI | Ati Inc | 0% | -1.15% | 减仓 |
| 38 | GS | Goldman Sachs Group Inc | 0% | -0.44% | 减仓 |
| 39 | PLD | Prologis Inc | 0% | -0.86% | 减仓 |
| 40 | PM | Philip Morris International | 0% | +11.29% | 加仓 |
| 41 | MRK | Merck & Co. Inc. | 0% | -0.90% | 减仓 |
| 42 | WELL | Welltower Inc | 0% | +6.70% | 加仓 |
| 43 | LRCX | Lam Research CORP | 0% | -1.03% | 减仓 |
| 44 | CRBG | Corebridge Financial Inc | 0% | +241.42% | 加仓 |
| 45 | CRS | Carpenter Technology | 0% | +26.05% | 加仓 |
| 46 | GMED | Globus Medical Inc - A | 0% | -0.87% | 减仓 |
| 47 | GATX | Gatx CORP | 0% | +112.88% | 加仓 |
| 48 | BAC | Bank Of America CORP | 0% | -0.71% | 减仓 |
| 49 | PH | Parker Hannifin CORP | 0% | -0.50% | 减仓 |
| 50 | WBD | Warner Bros Discovery Inc | 0% | -20.89% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Retirement Systems of Alabama 在 Q4 2025 季度的美股持仓总市值约为 US$332.1亿，共申报了 943 个公开持股仓位。
在 Q4 2025 季度，Retirement Systems of Alabama 按市值排列的前三大核心持股分别为：NVDA (5.4%)、AAPL (4.6%)、MSFT (4.1%)。其中最大持股仓位 NVDA 占据整体投资组合约 5.4% 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
MT
市值: US$3072.1万
本季最大获利了结 / 清仓标的
TDC
前期市值: US$1263.6万
在 Q4 2025 季度中，Retirement Systems of Alabama 共进行了 193 项持仓异动，包含新建仓 16 个仓位、加仓 46 个仓位、减仓 123 个仓位以及清仓 8 个仓位。 其中最大新建仓标的为 MT。 本季清仓仓位包含 TDC。
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。