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: 0001308685
申报总市值
US$12.8亿
US$12.8亿
49 檔
28.8%
Q2 2025 季度申报显示，Stack Financial Management, Inc 披露的美股组合总市值为 US$12.8亿，涵盖 49 个不同之权益投资仓位。
在 Q2 2025，Stack Financial Management, Inc 展现出较为审慎的避险与获利了结姿态。本季共减仓 40 个仓位并完全清仓 6 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，Stack Financial Management, Inc 的前 5 大核心持股（包含 MSFT, WMT, BRK-B 等）合计占整体申报市值的 28.8%，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 | 10.29% | +0.43% | -2.20% | |
| 2 | WMT | Walmart Inc | 股票-非周期性消费 | 9.10% | -0.24% | -1.87% | |
| 3 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 5.14% | +0.46% | -1.48% | |
| 4 | PWR | Quanta Services Inc | 股票-工业 | 4.48% | -0.03% | -1.58% | |
| 5 | ACN | Accenture plc | 股票-科技 | 3.61% | +0.77% | NEW | |
| 6 | CVX | Chevron CORP | 股票-能源 | 3.48% | -0.67% | -1.20% | |
| 7 | LHX | L3harris Technologies Inc | 股票-工业 | 3.21% | -0.36% | -1.68% | |
| 8 | WM | Waste Management Inc | 股票-工业 | 2.96% | +0.06% | -1.10% | |
| 9 | WPM | Wheaton Precious Metals CORP | 股票-原材料 | 2.80% | -0.21% | -1.61% | |
| 10 | AEM | Agnico Eagle Mines LTD | 股票-原材料 | 2.70% | -0.96% | -30.99% | |
| 11 | AEP | American Electric Power | 股票-公用事业 | 2.67% | +0.30% | -1.56% | |
| 12 | SYK | Stryker CORP | 股票-医疗保健 | 2.56% | +0.01% | -1.29% | |
| 13 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 2.35% | +0.19% | -1.08% | |
| 14 | PSX | Phillips 66 | 股票-能源 | 2.34% | -0.08% | -1.02% | |
| 15 | CBOE | Cboe Global Markets Inc | 股票-金融 | 2.20% | -0.19% | -1.56% | |
| 16 | CI | THE Cigna Group | 股票-医疗保健 | 2.14% | +0.14% | -1.78% | |
| 17 | EOG | Eog Resources Inc | 股票-能源 | 2.12% | -0.14% | -1.35% | |
| 18 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 2.03% | +0.08% | -1.43% | |
| 19 | KO | Coca-cola Co/the | 股票-非周期性消费 | 2.01% | +0.27% | -1.80% | |
| 20 | DUK | Duke Energy CORP | 股票-公用事业 | 2.01% | +0.07% | -1.29% | |
| 21 | NEE | Nextera Energy Inc | 股票-公用事业 | 1.93% | +0.02% | — | |
| 22 | EMR | Emerson Electric Co | 股票-工业 | 1.86% | +0.23% | -2.38% | |
| 23 | LMT | Lockheed Martin CORP | 股票-工业 | 1.84% | -0.13% | -2.17% | |
| 24 | PCAR | Paccar Inc | 股票-工业 | 1.75% | +0.20% | -1.36% | |
| 25 | LH | Labcorp Holdings Inc | 股票-医疗保健 | 1.71% | +0.16% | -1.43% | |
| 26 | CAH | Cardinal Health Inc | 股票-医疗保健 | 1.55% | +0.35% | -1.63% | |
| 27 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 1.52% | +0.28% | -1.82% | |
| 28 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.47% | +0.24% | -1.89% | |
| 29 | COP | Conocophillips | 股票-能源 | 1.46% | -0.30% | -0.56% | |
| 30 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.38% | -0.10% | -1.60% | |
| 31 | MDT | Medtronic plc | 股票-医疗保健 | 1.37% | -0.02% | -1.65% | |
| 32 | DHR | Danaher CORP | 股票-医疗保健 | 1.34% | +0.07% | -0.76% | |
| 33 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 1.34% | +0.10% | -1.46% | |
| 34 | AEE | Ameren Corporation | 股票-公用事业 | 1.32% | +0.14% | -1.13% | |
| 35 | DTE | Dte Energy Company | 股票-公用事业 | 1.30% | +0.16% | -0.93% | |
| 36 | DOV | Dover CORP | 股票-工业 | 1.30% | +0.20% | -2.06% | |
| 37 | AMT | American Tower CORP | 股票-房地产 | 1.15% | — | — | |
| 38 | UNP | Union Pacific CORP | 股票-工业 | 1.01% | +0.19% | -1.26% | |
| 39 | NEM | Newmont CORP | 股票-原材料 | 1.01% | -0.52% | EXIT | |
| 40 | BKR | Baker Hughes Co | 股票-能源 | 0.98% | -0.04% | -1.73% | |
| 41 | GPC | Genuine Parts Co | 股票-周期性消费 | 0.92% | — | -2.01% | |
| 42 | GDX | Vaneck Gold Miners ETF | ETF-避险与商品 | 0.08% | -0.04% | -22.72% | |
| 43 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.08% | +0.01% | — | |
| 44 | AAPL | Apple Inc | 股票-科技 | 0.04% | +0.02% | -2.10% | |
| 45 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.03% | — | — | |
| 46 | XLI | Ss Industrial Select Sector | ETF-其他 | 0.03% | — | -0.42% | |
| 47 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.02% | — | +2.82% | |
| 48 | ITW | Illinois Tool Works | 股票-工业 | 0.02% | — | — | |
| 49 | XLE | Ss Energy Select Sector | ETF-其他 | 0.02% | — | +1.60% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.8% | -2.20% | 减仓 |
| 2 | NEE | Nextera Energy Inc | +1.9% | NEW | 新建仓 |
| 3 | PWR | Quanta Services Inc | +1.6% | -1.58% | 减仓 |
| 4 | WMT | Walmart Inc | +1.3% | -1.87% | 减仓 |
| 5 | AMT | American Tower CORP | +1.2% | NEW | 新建仓 |
| 6 | LHX | L3harris Technologies Inc | +0.6% | -1.68% | 减仓 |
| 7 | WPM | Wheaton Precious Metals CORP | +0.5% | -1.61% | 减仓 |
| 8 | EMR | Emerson Electric Co | +0.4% | -2.38% | 减仓 |
| 9 | CAH | Cardinal Health Inc | +0.3% | -1.63% | 减仓 |
| 10 | LH | Labcorp Holdings Inc | +0.3% | -1.43% | 减仓 |
| 11 | SYK | Stryker CORP | +0.3% | -1.29% | 减仓 |
| 12 | CBOE | Cboe Global Markets Inc | +0.2% | -1.56% | 减仓 |
| 13 | CNP | Centerpoint Energy Inc | +0.1% | -1.08% | 减仓 |
| 14 | LMT | Lockheed Martin CORP | +0.1% | -2.17% | 减仓 |
| 15 | WM | Waste Management Inc | +0.1% | -1.10% | 减仓 |
| 16 | CI | THE Cigna Group | +0.1% | -1.78% | 减仓 |
| 17 | DOV | Dover CORP | +0.1% | -2.06% | 减仓 |
| 18 | MDLZ | Mondelez International Inc-a | +0.1% | -1.43% | 减仓 |
| 19 | KO | Coca-cola Co/the | +0.1% | -1.80% | 减仓 |
| 20 | PCAR | Paccar Inc | 0% | -1.36% | 减仓 |
| 21 | PSX | Phillips 66 | 0% | -1.02% | 减仓 |
| 22 | DUK | Duke Energy CORP | 0% | -1.29% | 减仓 |
| 23 | DHR | Danaher CORP | 0% | -0.76% | 减仓 |
| 24 | UNP | Union Pacific CORP | 0% | -1.26% | 减仓 |
| 25 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | — | 不变 |
| 26 | AEE | Ameren Corporation | 0% | -1.13% | 减仓 |
| 27 | DTE | Dte Energy Company | 0% | -0.93% | 减仓 |
| 28 | MDT | Medtronic plc | 0% | -1.65% | 减仓 |
| 29 | JPM | Jpmorgan Chase & Co | 0% | — | 不变 |
| 30 | ACN | Accenture plc | — | -1.36% | 减仓 |
| 31 | GDX | Vaneck Gold Miners ETF | — | -22.72% | 减仓 |
| 32 | AAPL | Apple Inc | — | -2.10% | 减仓 |
| 33 | AEP | American Electric Power | 0% | -1.56% | 减仓 |
| 34 | SPYV | Ss Spdr P S&p 500 Value ETF | 0% | EXIT | 清仓 |
| 35 | PG | Procter & Gamble Co/the | 0% | -1.46% | 减仓 |
| 36 | EOG | Eog Resources Inc | -0.1% | -1.35% | 减仓 |
| 37 | JNJ | Johnson & Johnson | -0.1% | -1.89% | 减仓 |
| 38 | BKR | Baker Hughes Co | -0.1% | -1.73% | 减仓 |
| 39 | PEP | Pepsico Inc | -0.1% | -1.60% | 减仓 |
| 40 | MRK | Merck & Co. Inc. | -0.1% | -1.82% | 减仓 |
| 41 | COP | Conocophillips | -0.2% | -0.56% | 减仓 |
| 42 | NEM | Newmont CORP | -0.2% | -34.28% | 减仓 |
| 43 | BRK-B | Berkshire Hathaway Inc-cl B | -0.3% | -1.48% | 减仓 |
| 44 | CVX | Chevron CORP | -0.4% | -1.20% | 减仓 |
| 45 | AEM | Agnico Eagle Mines LTD | -0.7% | -30.99% | 减仓 |
| 46 | KHC | Kraft Heinz Co/the | -0.9% | EXIT | 清仓 |
| 47 | CMCSA | Comcast Corp-class A | -0.9% | EXIT | 清仓 |
| 48 | IQV | Iqvia Holdings Inc | -1.3% | EXIT | 清仓 |
| 49 | UNH | Unitedhealth Group Inc | -2.2% | EXIT | 清仓 |
| 50 | SH | Proshares Short S&p500 | -4.6% | EXIT | 清仓 |
根据 SEC 官方 Form 13F 申报备案，Stack Financial Management, Inc 在 Q2 2025 季度的美股持仓总市值约为 US$12.8亿，共申报了 49 个公开持股仓位。
在 Q2 2025 季度，Stack Financial Management, Inc 按市值排列的前三大核心持股分别为：MSFT (10.3%)、WMT (9.1%)、BRK-B (5.1%)。其中最大持股仓位 MSFT 占据整体投资组合约 10.3% 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
NEE
市值: US$2188.4万
本季最大获利了结 / 清仓标的
SH
前期市值: US$5563.6万
在 Q2 2025 季度中，Stack Financial Management, Inc 共进行了 48 项持仓异动，包含新建仓 2 个仓位、加仓 0 个仓位、减仓 40 个仓位以及清仓 6 个仓位。 其中最大新建仓标的为 NEE。 本季清仓仓位包含 SH。
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。