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: 0000762152
申报总市值
US$225.9亿
US$225.9亿
941 檔
18.2%
根据最新整理的 13F 季度数据集，State Of Michigan Retirement System 于 Q1 2026 结束时的管理资产规模为 US$225.9亿。该机构在本季度申报了 941 档美股持仓，呈现出该时期的主要投资地图。
在 Q1 2026，State Of Michigan Retirement System 展现出较为审慎的避险与获利了结姿态。本季共减仓 133 个仓位并完全清仓 3 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，State Of Michigan Retirement System 的前 5 大核心持股（包含 NVDA, AAPL, MSFT 等）合计占整体申报市值的 18.2%，反映机构在主要关键仓位上的权重分布。
本季最大新建仓标的
SPOT
市值: US$2717.0万
本季最大获利了结 / 清仓标的
TMDX
前期市值: US$1313.8万
仅显示前 200 大持股（共 941 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 | 6.67% | -0.34% | -10.12% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.23% | -0.32% | -6.77% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.02% | -0.67% | -7.88% | |
| 4 | AMZN | Amazon.com Inc | 股票-周期性消费 | 2.97% | -0.18% | -9.99% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 2.76% | -0.03% | -8.54% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通信服务 | 2.57% | -0.67% | +0.13% | |
| 7 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 2.42% | +0.08% | -17.08% | |
| 8 | GOOG | Alphabet Inc-cl C | 股票-通信服务 | 2.38% | +0.06% | +0.27% | |
| 9 | MTUM | Ishares Msci USA Momentum Fa | ETF-其他 | 1.70% | +0.28% | +4.10% | |
| 10 | TSLA | Tesla Inc | 股票-周期性消费 | 1.44% | -0.10% | -0.14% | |
| 11 | LQD | Ishr Ibx Usd Invgd Cb Etf-ui | ETF-投资级公司债 | 1.25% | +0.23% | — | |
| 12 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.09% | -0.10% | -22.83% | |
| 13 | ADBE | Adobe Inc | 股票-科技 | 1.05% | +0.17% | +566.13% | |
| 14 | LLY | Eli Lilly & Co | 股票-医疗保健 | 1.05% | +0.08% | -15.93% | |
| 15 | XOM | Exxon Mobil CORP | 股票-能源 | 0.98% | -0.31% | -1.11% | |
| 16 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股与成长 | 0.93% | +0.42% | -69.21% | |
| 17 | KR | Kroger Co | 股票-非周期性消费 | 0.87% | -0.15% | +64.09% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.86% | -0.13% | -0.03% | |
| 19 | JNJ | Johnson & Johnson | 股票-医疗保健 | 0.84% | -0.12% | -0.20% | |
| 20 | WMT | Walmart Inc | 股票-非周期性消费 | 0.77% | -0.19% | -0.25% | |
| 21 | V | Visa Inc-class A Shares | 股票-金融 | 0.74% | -0.05% | -15.83% | |
| 22 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.68% | -0.19% | -0.15% | |
| 23 | AMD | Advanced Micro Devices | 股票-科技 | 0.66% | +1.37% | -26.73% | |
| 24 | MU | Micron Technology Inc | 股票-科技 | 0.66% | +1.25% | +0.05% | |
| 25 | MA | Mastercard Inc - A | 股票-金融 | 0.63% | -0.09% | -0.79% | |
| 26 | COST | Costco Wholesale CORP | 股票-非周期性消费 | 0.63% | -0.14% | -29.51% | |
| 27 | DUOL | Duolingo | 股票-科技 | 0.62% | +0.04% | +112.90% | |
| 28 | NFLX | Netflix Inc | 股票-通信服务 | 0.59% | -0.22% | -27.28% | |
| 29 | CVX | Chevron CORP | 股票-能源 | 0.54% | -0.19% | -1.19% | |
| 30 | ABBV | Abbvie Inc | 股票-医疗保健 | 0.53% | -0.03% | -0.22% | |
| 31 | VRT | Vertiv Holdings Co-a | 股票-工业 | 0.52% | +0.09% | +65.32% | |
| 32 | CSCO | Cisco Systems Inc | 股票-科技 | 0.50% | +0.10% | +0.04% | |
| 33 | CHTR | Charter Communications Inc-a | 股票-通信服务 | 0.49% | +0.18% | +1547.45% | |
| 34 | CAT | Caterpillar Inc | 股票-工业 | 0.48% | +0.08% | -0.69% | |
| 35 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 0.48% | -0.08% | -0.73% | |
| 36 | KBDC | Kayne Anderson Bdc Inc | 股票-其他 | 0.48% | -0.09% | — | |
| 37 | BAC | Bank Of America CORP | 股票-金融 | 0.48% | -0.03% | -1.36% | |
| 38 | TDG | Transdigm Group Inc | 股票-工业 | 0.46% | -0.38% | — | |
| 39 | AMAT | Applied Materials Inc | 股票-科技 | 0.46% | +0.25% | -0.47% | |
| 40 | MRK | Merck & Co. Inc. | 股票-医疗保健 | 0.46% | -0.08% | -0.19% | |
| 41 | HD | Home Depot Inc | 股票-周期性消费 | 0.45% | -0.05% | -0.19% | |
| 42 | BRK-A | Berkshire Hathaway Inc-cl A | 股票-其他 | 0.44% | -0.06% | — | |
| 43 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.42% | -0.05% | -0.21% | |
| 44 | GE | General Electric | 股票-工业 | 0.41% | +0.03% | -0.80% | |
| 45 | LRCX | Lam Research CORP | 股票-科技 | 0.41% | +0.28% | -0.71% | |
| 46 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.40% | +0.01% | +9.36% | |
| 47 | UNH | Unitedhealth Group Inc | 股票-医疗保健 | 0.40% | +0.03% | +14.90% | |
| 48 | INTC | Intel CORP | 股票-科技 | 0.36% | +0.39% | +3.53% | |
| 49 | WFC | Wells Fargo & Co | 股票-金融 | 0.36% | -0.05% | -1.60% | |
| 50 | RTX | Rtx CORP | 股票-工业 | 0.36% | -0.07% | -0.11% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | ADBE | Adobe Inc | +0.8% | +566.13% | 加仓 |
| 2 | CHTR | Charter Communications Inc-a | +0.5% | +1547.45% | 加仓 |
| 3 | KR | Kroger Co | +0.5% | +64.09% | 加仓 |
| 4 | VRT | Vertiv Holdings Co-a | +0.3% | +65.32% | 加仓 |
| 5 | XOM | Exxon Mobil CORP | +0.3% | -1.11% | 减仓 |
| 6 | FDS | Factset Research Systems Inc | +0.2% | +523.23% | 加仓 |
| 7 | JNJ | Johnson & Johnson | +0.2% | -0.20% | 减仓 |
| 8 | CVX | Chevron CORP | +0.2% | -1.19% | 减仓 |
| 9 | MOH | Molina Healthcare Inc | +0.2% | +1567.99% | 加仓 |
| 10 | MU | Micron Technology Inc | +0.2% | +0.05% | 加仓 |
| 11 | AMAT | Applied Materials Inc | +0.1% | -0.47% | 减仓 |
| 12 | DUOL | Duolingo | +0.1% | +112.90% | 加仓 |
| 13 | WMT | Walmart Inc | +0.1% | -0.25% | 减仓 |
| 14 | CAT | Caterpillar Inc | +0.1% | -0.69% | 减仓 |
| 15 | LRCX | Lam Research CORP | +0.1% | -0.71% | 减仓 |
| 16 | SNDK | Sandisk CORP | +0.1% | +6.04% | 加仓 |
| 17 | GEV | GE Vernova Inc | +0.1% | -0.84% | 减仓 |
| 18 | QUAL | Ishares Msci USA Quality Fac | +0.1% | +32.44% | 加仓 |
| 19 | INTC | Intel CORP | +0.1% | +3.53% | 加仓 |
| 20 | VZ | Verizon Communications Inc | +0.1% | -0.17% | 减仓 |
| 21 | MRK | Merck & Co. Inc. | +0.1% | -0.19% | 减仓 |
| 22 | COP | Conocophillips | +0.1% | -1.08% | 减仓 |
| 23 | KLAC | Kla CORP | +0.1% | -0.26% | 减仓 |
| 24 | LIN | Linde plc | +0.1% | -0.16% | 减仓 |
| 25 | T | At&t Inc | +0.1% | -1.25% | 减仓 |
| 26 | IJH | Ishares Core S&p Midcap ETF | +0.1% | +9.36% | 加仓 |
| 27 | KO | Coca-cola Co/the | +0.1% | -0.21% | 减仓 |
| 28 | WDC | Western Digital CORP | +0.1% | -0.96% | 减仓 |
| 29 | GLW | Corning Inc | +0.1% | -0.15% | 减仓 |
| 30 | NEE | Nextera Energy Inc | +0.1% | -0.22% | 减仓 |
| 31 | VLO | Valero Energy CORP | +0.1% | -0.22% | 减仓 |
| 32 | DE | Deere & Co | +0.1% | — | 不变 |
| 33 | GILD | Gilead Sciences Inc | +0.1% | -0.22% | 减仓 |
| 34 | PFE | Pfizer Inc | +0.1% | -0.20% | 减仓 |
| 35 | RTX | Rtx CORP | +0.1% | -0.11% | 减仓 |
| 36 | LITE | Lumentum Holdings Inc | 0% | +11.79% | 加仓 |
| 37 | LMT | Lockheed Martin CORP | 0% | -0.69% | 减仓 |
| 38 | STX | Seagate Technology Holdings plc | 0% | — | 不变 |
| 39 | CIEN | Ciena CORP | 0% | +10.52% | 加仓 |
| 40 | EOG | Eog Resources Inc | 0% | -0.19% | 减仓 |
| 41 | SLB | Slb LTD | 0% | -0.11% | 减仓 |
| 42 | MPC | Marathon Petroleum CORP | 0% | -2.03% | 减仓 |
| 43 | ADI | Analog Devices Inc | 0% | -0.85% | 减仓 |
| 44 | HON | Honeywell International Inc | 0% | -0.24% | 减仓 |
| 45 | TXN | Texas Instruments Inc | 0% | -0.34% | 减仓 |
| 46 | PEP | Pepsico Inc | 0% | -0.27% | 减仓 |
| 47 | AMGN | Amgen Inc | 0% | -0.21% | 减仓 |
| 48 | XLV | Ss Health Care Select Sector | 0% | +11.15% | 加仓 |
| 49 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | -0.03% | 减仓 |
| 50 | PSX | Phillips 66 | 0% | -0.28% | 减仓 |
根据 SEC 官方 Form 13F 申报备案，State Of Michigan Retirement System 在 Q1 2026 季度的美股持仓总市值约为 US$225.9亿，共申报了 941 个公开持股仓位。
在 Q1 2026 季度，State Of Michigan Retirement System 按市值排列的前三大核心持股分别为：NVDA (6.7%)、AAPL (5.2%)、MSFT (4.0%)。其中最大持股仓位 NVDA 占据整体投资组合约 6.7% 的权重。
在 Q1 2026 季度中，State Of Michigan Retirement System 共进行了 180 项持仓异动，包含新建仓 11 个仓位、加仓 33 个仓位、减仓 133 个仓位以及清仓 3 个仓位。 其中最大新建仓标的为 SPOT。 本季清仓仓位包含 TMDX。
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。
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。
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。