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
52 檔
36.5%
在 Q1 2026 申报期间，Stack Financial Management, Inc（CIK: 0001308685）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$12.8亿，共持有 52 个公开申报仓位。
在 Q1 2026，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 25 个仓位并完全清仓 9 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 SH, WMT, PWR 等）合计占整体申报市值的 36.5%，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 | SH | Proshares Short S&p500 | ETF-其他 | 10.65% | -3.50% | +52.56% | |
| 2 | WMT | Walmart Inc | 股票-非周期性消费 | 9.21% | -0.24% | -0.99% | |
| 3 | PWR | Quanta Services Inc | 股票-工业 | 5.23% | -0.03% | +0.06% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 5.03% | +0.43% | -18.34% | |
| 5 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 4.20% | +0.46% | +0.43% | |
| 6 | CVX | Chevron CORP | 股票-能源 | 4.08% | -0.67% | -0.35% | |
| 7 | LHX | L3harris Technologies Inc | 股票-工业 | 3.58% | -0.36% | -0.32% | |
| 8 | PSX | Phillips 66 | 股票-能源 | 2.91% | -0.08% | -0.09% | |
| 9 | AEP | American Electric Power | 股票-公用事业 | 2.71% | +0.30% | -0.44% | |
| 10 | WPM | Wheaton Precious Metals CORP | 股票-原材料 | 2.56% | -0.21% | -22.55% | |
| 11 | WM | Waste Management Inc | 股票-工业 | 2.47% | +0.06% | +0.25% | |
| 12 | CNP | Centerpoint Energy Inc | 股票-公用事业 | 2.28% | +0.19% | +0.22% | |
| 13 | CBOE | Cboe Global Markets Inc | 股票-金融 | 2.12% | -0.19% | -0.83% | |
| 14 | NEE | Nextera Energy Inc | 股票-公用事业 | 2.11% | +0.02% | +0.13% | |
| 15 | EOG | Eog Resources Inc | 股票-能源 | 2.09% | -0.14% | +0.48% | |
| 16 | T | At&t Inc | 股票-通信服务 | 2.02% | -0.48% | +0.49% | |
| 17 | LMT | Lockheed Martin CORP | 股票-工业 | 1.89% | -0.13% | -1.70% | |
| 18 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 1.85% | +0.28% | -0.35% | |
| 19 | JNJ | Johnson & Johnson | 股票-医疗保健 | 1.84% | +0.24% | -1.49% | |
| 20 | DUK | Duke Energy CORP | 股票-公用事业 | 1.83% | +0.07% | +0.98% | |
| 21 | KO | Coca-cola Co/the | 股票-非周期性消费 | 1.77% | +0.27% | +0.47% | |
| 22 | SYK | Stryker CORP | 股票-医疗保健 | 1.77% | +0.01% | +0.62% | |
| 23 | COP | Conocophillips | 股票-能源 | 1.75% | -0.30% | -0.19% | |
| 24 | PCAR | Paccar Inc | 股票-工业 | 1.73% | +0.20% | -0.16% | |
| 25 | UPS | United Parcel Service-cl B | 股票-工业 | 1.58% | +0.28% | +57.57% | |
| 26 | CAH | Cardinal Health Inc | 股票-医疗保健 | 1.58% | +0.35% | -0.87% | |
| 27 | EMR | Emerson Electric Co | 股票-工业 | 1.45% | +0.23% | -0.68% | |
| 28 | CI | THE Cigna Group | 股票-医疗保健 | 1.43% | +0.14% | +0.44% | |
| 29 | MDLZ | Mondelez International Inc-a | 股票-非周期性消费 | 1.41% | +0.08% | +0.15% | |
| 30 | LH | Labcorp Holdings Inc | 股票-医疗保健 | 1.41% | +0.16% | +0.08% | |
| 31 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.34% | -0.10% | +0.59% | |
| 32 | BKR | Baker Hughes Co | 股票-能源 | 1.29% | -0.04% | +0.04% | |
| 33 | CCK | Crown Holdings Inc | 股票-周期性消费 | 1.25% | +0.24% | — | |
| 34 | AEE | Ameren Corporation | 股票-公用事业 | 1.24% | +0.14% | +0.78% | |
| 35 | DTE | Dte Energy Company | 股票-公用事业 | 1.19% | +0.16% | +0.86% | |
| 36 | DOV | Dover CORP | 股票-工业 | 1.15% | +0.20% | -1.68% | |
| 37 | MDT | Medtronic plc | 股票-医疗保健 | 1.11% | -0.02% | +0.69% | |
| 38 | DHR | Danaher CORP | 股票-医疗保健 | 1.07% | +0.07% | +0.27% | |
| 39 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.99% | +0.10% | +0.60% | |
| 40 | AEM | Agnico Eagle Mines LTD | 股票-原材料 | 0.99% | -0.96% | -63.05% | |
| 41 | UNP | Union Pacific CORP | 股票-工业 | 0.89% | +0.19% | +0.46% | |
| 42 | NEM | Newmont CORP | 股票-原材料 | 0.52% | -0.52% | EXIT | |
| 43 | AAPL | Apple Inc | 股票-科技 | 0.10% | +0.02% | -11.13% | |
| 44 | GDX | Vaneck Gold Miners ETF | ETF-避险与商品 | 0.09% | -0.04% | -6.91% | |
| 45 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.08% | +0.01% | +24.23% | |
| 46 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.03% | +0.01% | -6.33% | |
| 47 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 0.03% | +0.01% | — | |
| 48 | XLI | Ss Industrial Select Sector | ETF-其他 | 0.02% | — | -16.75% | |
| 49 | XLE | Ss Energy Select Sector | ETF-其他 | 0.02% | — | -12.89% | |
| 50 | XLV | Ss Health Care Select Sector | ETF-其他 | 0.02% | — | -21.85% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | SH | Proshares Short S&p500 | +3.8% | +52.56% | 加仓 |
| 2 | PWR | Quanta Services Inc | +1.1% | +0.06% | 加仓 |
| 3 | CVX | Chevron CORP | +1% | -0.35% | 减仓 |
| 4 | PSX | Phillips 66 | +0.8% | -0.09% | 减仓 |
| 5 | WMT | Walmart Inc | +0.6% | -0.99% | 减仓 |
| 6 | UPS | United Parcel Service-cl B | +0.5% | +57.57% | 加仓 |
| 7 | EOG | Eog Resources Inc | +0.5% | +0.48% | 加仓 |
| 8 | COP | Conocophillips | +0.5% | -0.19% | 减仓 |
| 9 | LHX | L3harris Technologies Inc | +0.4% | -0.32% | 减仓 |
| 10 | LMT | Lockheed Martin CORP | +0.3% | -1.70% | 减仓 |
| 11 | BKR | Baker Hughes Co | +0.3% | +0.04% | 加仓 |
| 12 | AEP | American Electric Power | +0.2% | -0.44% | 减仓 |
| 13 | T | At&t Inc | +0.2% | +0.49% | 加仓 |
| 14 | NEE | Nextera Energy Inc | +0.2% | +0.13% | 加仓 |
| 15 | JNJ | Johnson & Johnson | +0.2% | -1.49% | 减仓 |
| 16 | CNP | Centerpoint Energy Inc | +0.2% | +0.22% | 加仓 |
| 17 | MRK | Merck & Co. Inc. | +0.2% | -0.35% | 减仓 |
| 18 | DUK | Duke Energy CORP | +0.2% | +0.98% | 加仓 |
| 19 | CBOE | Cboe Global Markets Inc | +0.1% | -0.83% | 减仓 |
| 20 | DTE | Dte Energy Company | +0.1% | +0.86% | 加仓 |
| 21 | KO | Coca-cola Co/the | +0.1% | +0.47% | 加仓 |
| 22 | AEE | Ameren Corporation | +0.1% | +0.78% | 加仓 |
| 23 | PEP | Pepsico Inc | +0.1% | +0.59% | 加仓 |
| 24 | MDLZ | Mondelez International Inc-a | +0.1% | +0.15% | 加仓 |
| 25 | LH | Labcorp Holdings Inc | 0% | +0.08% | 加仓 |
| 26 | WM | Waste Management Inc | 0% | +0.25% | 加仓 |
| 27 | PCAR | Paccar Inc | 0% | -0.16% | 减仓 |
| 28 | DOV | Dover CORP | 0% | -1.68% | 减仓 |
| 29 | UNP | Union Pacific CORP | 0% | +0.46% | 加仓 |
| 30 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | +24.23% | 加仓 |
| 31 | XLE | Ss Energy Select Sector | — | -12.89% | 减仓 |
| 32 | GOOG | Alphabet Inc-cl C | — | — | 不变 |
| 33 | XLP | Ss Consumer Staples Sel Sect | — | -16.50% | 减仓 |
| 34 | GDX | Vaneck Gold Miners ETF | — | -6.91% | 减仓 |
| 35 | XLV | Ss Health Care Select Sector | 0% | -21.85% | 减仓 |
| 36 | GOOGL | Alphabet Inc-cl A | 0% | -6.33% | 减仓 |
| 37 | XLI | Ss Industrial Select Sector | 0% | -16.75% | 减仓 |
| 38 | CAH | Cardinal Health Inc | 0% | -0.87% | 减仓 |
| 39 | AAPL | Apple Inc | 0% | -11.13% | 减仓 |
| 40 | PG | Procter & Gamble Co/the | 0% | +0.60% | 加仓 |
| 41 | EMR | Emerson Electric Co | -0.1% | -0.68% | 减仓 |
| 42 | CI | THE Cigna Group | -0.1% | +0.44% | 加仓 |
| 43 | MDT | Medtronic plc | -0.2% | +0.69% | 加仓 |
| 44 | SYK | Stryker CORP | -0.2% | +0.62% | 加仓 |
| 45 | DHR | Danaher CORP | -0.3% | +0.27% | 加仓 |
| 46 | NEM | Newmont CORP | -0.3% | -41.52% | 减仓 |
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | -0.4% | +0.43% | 加仓 |
| 48 | WPM | Wheaton Precious Metals CORP | -0.5% | -22.55% | 减仓 |
| 49 | AEM | Agnico Eagle Mines LTD | -1.3% | -63.05% | 减仓 |
| 50 | MSFT | Microsoft CORP | -3.3% | -18.34% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，Stack Financial Management, Inc 在 Q1 2026 季度的美股持仓总市值约为 US$12.8亿，共申报了 52 个公开持股仓位。
在 Q1 2026 季度，Stack Financial Management, Inc 按市值排列的前三大核心持股分别为：SH (10.7%)、WMT (9.2%)、PWR (5.2%)。其中最大持股仓位 SH 占据整体投资组合约 10.7% 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
CCK
市值: US$1698.4万
本季最大获利了结 / 清仓标的
CRM
前期市值: US$5806.6万
在 Q1 2026 季度中，Stack Financial Management, Inc 共进行了 60 项持仓异动，包含新建仓 2 个仓位、加仓 24 个仓位、减仓 25 个仓位以及清仓 9 个仓位。 其中最大新建仓标的为 CCK。 本季清仓仓位包含 CRM。
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。