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: 0001443095
申报总市值
US$29.3亿
US$29.3亿
298 檔
15.9%
在 Q3 2025 的 13F 官方备案中，Welch Group, LLC 管理的美股投资组合规模来到 US$29.3亿，整体持股档数为 298 档。
在 Q3 2025，Welch Group, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 1 个新仓位，并对 46 个既有持股进行加仓（合计增持 47 档），相较减仓与清仓仓位显著占优。
在资产配置集中度方面，Welch Group, LLC 的前 5 大核心持股（包含 MSFT, AAPL, JPM 等）合计占整体申报市值的 15.9%，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 298 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 | MSFT | Microsoft CORP | 股票-科技 | 4.19% | -0.18% | +1.01% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 3.76% | +0.10% | +0.78% | |
| 3 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.51% | +0.03% | -0.13% | |
| 4 | RTX | Rtx CORP | 股票-工业 | 3.38% | -0.37% | -0.64% | |
| 5 | ABBV | Abbvie Inc | 股票-医疗保健 | 3.35% | +0.20% | +0.86% | |
| 6 | IBM | Intl Business Machines CORP | 股票-科技 | 3.32% | +0.21% | +0.29% | |
| 7 | SFBS | Servisfirst Bancshares Inc | 股票-金融 | 3.09% | +0.17% | +0.99% | |
| 8 | SO | Southern Co/the | 股票-公用事业 | 2.86% | -0.27% | +0.67% | |
| 9 | HD | Home Depot Inc | 股票-周期性消费 | 2.83% | +0.06% | +1.20% | |
| 10 | JNJ | Johnson & Johnson | 股票-医疗保健 | 2.78% | -0.21% | +1.18% | |
| 11 | AJG | Arthur J Gallagher & Co | 股票-金融 | 2.74% | — | +1.11% | |
| 12 | CVX | Chevron CORP | 股票-能源 | 2.59% | -0.89% | +1.75% | |
| 13 | CSCO | Cisco Systems Inc | 股票-科技 | 2.58% | +0.88% | +1.04% | |
| 14 | NEE | Nextera Energy Inc | 股票-公用事业 | 2.57% | -0.41% | +2.35% | |
| 15 | LMT | Lockheed Martin CORP | 股票-工业 | 2.55% | -0.61% | +2.97% | |
| 16 | QCOM | Qualcomm Inc | 股票-科技 | 2.49% | +0.59% | +2.10% | |
| 17 | MCD | Mcdonald's CORP | 股票-周期性消费 | 2.49% | -0.43% | +1.83% | |
| 18 | CINF | Cincinnati Financial CORP | 股票-金融 | 2.48% | +0.16% | +0.44% | |
| 19 | EMR | Emerson Electric Co | 股票-工业 | 2.47% | -0.02% | -0.13% | |
| 20 | XOM | Exxon Mobil CORP | 股票-能源 | 2.39% | -0.91% | +1.60% | |
| 21 | TFC | Truist Financial CORP | 股票-金融 | 2.34% | -0.02% | +1.01% | |
| 22 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 2.14% | -0.02% | +3.12% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 2.07% | -0.11% | +2.04% | |
| 24 | ED | Consolidated Edison Inc | 股票-公用事业 | 2.05% | -0.24% | +1.69% | |
| 25 | PAYX | Paychex Inc | 股票-科技 | 2.01% | +0.01% | +1.98% | |
| 26 | VZ | Verizon Communications Inc | 股票-通信服务 | 2.00% | -0.53% | +1.60% | |
| 27 | PFE | Pfizer Inc | 股票-医疗保健 | 1.98% | -0.47% | +4.09% | |
| 28 | TXN | Texas Instruments Inc | 股票-科技 | 1.84% | +0.65% | +1.72% | |
| 29 | KMB | Kimberly-clark CORP | 股票-非周期性消费 | 1.83% | +0.11% | +2.32% | |
| 30 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.81% | -0.38% | -9.26% | |
| 31 | GIS | General Mills Inc | 股票-非周期性消费 | 1.62% | — | +5.73% | |
| 32 | NVDA | Nvidia CORP | 股票-科技 | 1.33% | +0.04% | -0.96% | |
| 33 | CAT | Caterpillar Inc | 股票-工业 | 0.76% | +0.35% | +2.68% | |
| 34 | ORCL | Oracle CORP | 股票-科技 | 0.74% | -0.01% | +2.32% | |
| 35 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.70% | — | +3.79% | |
| 36 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.61% | +0.09% | +0.66% | |
| 37 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.54% | +0.04% | +3.45% | |
| 38 | V | Visa Inc-class A Shares | 股票-金融 | 0.53% | +0.05% | +6.56% | |
| 39 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.51% | +0.06% | +0.60% | |
| 40 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 0.48% | +0.02% | +3.51% | |
| 41 | DE | Deere & Co | 股票-工业 | 0.47% | +0.04% | +2.74% | |
| 42 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.45% | +0.01% | +1.12% | |
| 43 | AMD | Advanced Micro Devices | 股票-科技 | 0.45% | +0.64% | +1.67% | |
| 44 | AVGO | Broadcom Inc | 股票-科技 | 0.43% | +0.06% | +2.12% | |
| 45 | BX | Blackstone Inc | 股票-金融 | 0.43% | — | +2.23% | |
| 46 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.42% | -0.04% | +3.46% | |
| 47 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.41% | -0.29% | +3.54% | |
| 48 | MA | Mastercard Inc - A | 股票-金融 | 0.36% | +0.03% | +3.29% | |
| 49 | SYK | Stryker CORP | 股票-医疗保健 | 0.35% | +0.02% | +10.93% | |
| 50 | VMC | Vulcan Materials Co | 股票-原材料 | 0.33% | — | -0.45% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +0.8% | +1.01% | 加仓 |
| 2 | JPM | Jpmorgan Chase & Co | +0.5% | -0.13% | 加仓 |
| 3 | NVDA | Nvidia CORP | +0.5% | -0.96% | 加仓 |
| 4 | RTX | Rtx CORP | +0.4% | -0.64% | 减仓 |
| 5 | ORCL | Oracle CORP | +0.4% | +2.32% | 加仓 |
| 6 | AAPL | Apple Inc | +0.3% | +0.78% | 加仓 |
| 7 | AVGO | Broadcom Inc | +0.2% | +2.12% | 加仓 |
| 8 | CAT | Caterpillar Inc | +0.2% | +2.68% | 加仓 |
| 9 | EMR | Emerson Electric Co | +0.2% | -0.13% | 加仓 |
| 10 | GOOGL | Alphabet Inc-cl A | +0.2% | +0.66% | 加仓 |
| 11 | AMD | Advanced Micro Devices | +0.2% | +1.67% | 加仓 |
| 12 | LMT | Lockheed Martin CORP | +0.1% | +2.97% | 加仓 |
| 13 | GS | Goldman Sachs Group Inc | +0.1% | +0.60% | 加仓 |
| 14 | HD | Home Depot Inc | +0.1% | +1.20% | 加仓 |
| 15 | TFC | Truist Financial CORP | +0.1% | +1.01% | 加仓 |
| 16 | JNJ | Johnson & Johnson | +0.1% | +1.18% | 加仓 |
| 17 | IBM | Intl Business Machines CORP | +0.1% | +0.29% | 加仓 |
| 18 | ABBV | Abbvie Inc | +0.1% | +0.86% | 加仓 |
| 19 | META | Meta Platforms Inc-class A | +0.1% | +1.12% | 加仓 |
| 20 | BX | Blackstone Inc | +0.1% | +2.23% | 加仓 |
| 21 | TJX | Tjx Companies Inc | +0.1% | +3.46% | 加仓 |
| 22 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +10.69% | 加仓 |
| 23 | CSCO | Cisco Systems Inc | +0.1% | +1.04% | 加仓 |
| 24 | QCOM | Qualcomm Inc | +0.1% | +2.10% | 加仓 |
| 25 | AMZN | Amazon.com Inc | +0.1% | +3.45% | 加仓 |
| 26 | IVV | Ishares Core S&p 500 ETF | +0.1% | +3.51% | 加仓 |
| 27 | VMC | Vulcan Materials Co | +0.1% | -0.45% | 加仓 |
| 28 | VOO | Vanguard S&p 500 ETF | 0% | -5.80% | 加仓 |
| 29 | QQQ | Invesco Qqq Trust Series 1 | 0% | +5.15% | 加仓 |
| 30 | GOOG | Alphabet Inc-cl C | 0% | -0.77% | 加仓 |
| 31 | SYK | Stryker CORP | 0% | +10.93% | 加仓 |
| 32 | AXP | American Express Co | 0% | +0.18% | 加仓 |
| 33 | WMT | Walmart Inc | 0% | +5.24% | 加仓 |
| 34 | V | Visa Inc-class A Shares | 0% | +6.56% | 加仓 |
| 35 | NEE | Nextera Energy Inc | 0% | +2.35% | 加仓 |
| 36 | PFE | Pfizer Inc | -0.1% | +4.09% | 加仓 |
| 37 | CINF | Cincinnati Financial CORP | -0.1% | +0.44% | 加仓 |
| 38 | TXN | Texas Instruments Inc | -0.1% | +1.72% | 加仓 |
| 39 | AFL | Aflac Inc | -0.1% | -16.55% | 减仓 |
| 40 | SO | Southern Co/the | -0.2% | +0.67% | 加仓 |
| 41 | GIS | General Mills Inc | -0.4% | +5.73% | 加仓 |
| 42 | PG | Procter & Gamble Co/the | -0.4% | +2.04% | 加仓 |
| 43 | ED | Consolidated Edison Inc | -0.4% | +1.69% | 加仓 |
| 44 | CVX | Chevron CORP | -0.4% | +1.75% | 加仓 |
| 45 | KMB | Kimberly-clark CORP | -0.4% | +2.32% | 加仓 |
| 46 | PEP | Pepsico Inc | -0.5% | -9.26% | 减仓 |
| 47 | CL | Colgate-palmolive Co | -0.5% | +3.12% | 加仓 |
| 48 | PAYX | Paychex Inc | -0.6% | +1.98% | 加仓 |
| 49 | AJG | Arthur J Gallagher & Co | -0.6% | +1.11% | 加仓 |
| 50 | PANW | Palo Alto Networks Inc | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Welch Group, LLC 在 Q3 2025 季度的美股持仓总市值约为 US$29.3亿，共申报了 298 个公开持股仓位。
在 Q3 2025 季度，Welch Group, LLC 按市值排列的前三大核心持股分别为：MSFT (4.2%)、AAPL (3.8%)、JPM (3.5%)。其中最大持股仓位 MSFT 占据整体投资组合约 4.2% 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
PANW
市值: US$792.2万
本季最大获利了结 / 清仓标的
RTX
前期市值: US$6876.0万
在 Q3 2025 季度中，Welch Group, LLC 共进行了 50 项持仓异动，包含新建仓 1 个仓位、加仓 46 个仓位、减仓 3 个仓位以及清仓 0 个仓位。 其中最大新建仓标的为 PANW。
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。