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
307 檔
16.1%
Q4 2025 季度申报显示，Welch Group, LLC 披露的美股组合总市值为 US$29.3亿，涵盖 307 个不同之权益投资仓位。
在 Q4 2025，Welch Group, LLC 操作展现出积极扩展与加仓意向。本季共新建仓 3 个新仓位，并对 29 个既有持股进行加仓（合计增持 32 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 AAPL, MSFT, RTX 等）合计占整体申报市值的 16.1%，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 307 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 | AAPL | Apple Inc | 股票-科技 | 3.94% | +0.10% | -0.59% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 3.85% | -0.18% | -0.18% | |
| 3 | RTX | Rtx CORP | 股票-工业 | 3.54% | -0.37% | -3.34% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.49% | +0.03% | -1.45% | |
| 5 | IBM | Intl Business Machines CORP | 股票-科技 | 3.33% | +0.21% | -3.11% | |
| 6 | ABBV | Abbvie Inc | 股票-医疗保健 | 3.24% | +0.20% | -0.79% | |
| 7 | JNJ | Johnson & Johnson | 股票-医疗保健 | 3.03% | -0.21% | -0.87% | |
| 8 | CSCO | Cisco Systems Inc | 股票-科技 | 2.87% | +0.88% | -0.02% | |
| 9 | SFBS | Servisfirst Bancshares Inc | 股票-金融 | 2.78% | +0.17% | +2.01% | |
| 10 | NEE | Nextera Energy Inc | 股票-公用事业 | 2.69% | -0.41% | -0.16% | |
| 11 | SO | Southern Co/the | 股票-公用事业 | 2.62% | -0.27% | +0.87% | |
| 12 | QCOM | Qualcomm Inc | 股票-科技 | 2.55% | +0.59% | +0.68% | |
| 13 | XOM | Exxon Mobil CORP | 股票-能源 | 2.54% | -0.91% | +0.79% | |
| 14 | CVX | Chevron CORP | 股票-能源 | 2.53% | -0.89% | +0.65% | |
| 15 | CINF | Cincinnati Financial CORP | 股票-金融 | 2.51% | +0.16% | -0.78% | |
| 16 | TFC | Truist Financial CORP | 股票-金融 | 2.51% | -0.02% | +0.92% | |
| 17 | MCD | Mcdonald's CORP | 股票-周期性消费 | 2.50% | -0.43% | +1.17% | |
| 18 | LMT | Lockheed Martin CORP | 股票-工业 | 2.47% | -0.61% | +1.53% | |
| 19 | EMR | Emerson Electric Co | 股票-工业 | 2.45% | -0.02% | -0.59% | |
| 20 | HD | Home Depot Inc | 股票-周期性消费 | 2.43% | +0.06% | +2.58% | |
| 21 | AJG | Arthur J Gallagher & Co | 股票-金融 | 2.29% | — | +1.20% | |
| 22 | ED | Consolidated Edison Inc | 股票-公用事业 | 2.02% | -0.24% | +1.05% | |
| 23 | PG | Procter & Gamble Co/the | 股票-非周期性消费 | 1.92% | -0.11% | +0.91% | |
| 24 | PFE | Pfizer Inc | 股票-医疗保健 | 1.90% | -0.47% | -0.22% | |
| 25 | CL | Colgate-palmolive Co | 股票-非周期性消费 | 1.87% | -0.02% | -10.59% | |
| 26 | VZ | Verizon Communications Inc | 股票-通信服务 | 1.86% | -0.53% | +1.36% | |
| 27 | PEP | Pepsico Inc | 股票-非周期性消费 | 1.81% | -0.38% | -1.03% | |
| 28 | TXN | Texas Instruments Inc | 股票-科技 | 1.76% | +0.65% | +2.31% | |
| 29 | PAYX | Paychex Inc | 股票-科技 | 1.76% | +0.01% | +0.10% | |
| 30 | AEP | American Electric Power | 股票-公用事业 | 1.45% | -0.05% | +3868.57% | |
| 31 | NVDA | Nvidia CORP | 股票-科技 | 1.28% | +0.04% | -2.26% | |
| 32 | KMB | Kimberly-clark CORP | 股票-非周期性消费 | 1.26% | +0.11% | -13.72% | |
| 33 | CAT | Caterpillar Inc | 股票-工业 | 0.90% | +0.35% | -0.17% | |
| 34 | GOOGL | Alphabet Inc-cl A | 股票-通信服务 | 0.78% | +0.09% | +0.16% | |
| 35 | PYLD | Pimco Multisector Bond Actv | ETF-其他 | 0.76% | +0.08% | — | |
| 36 | KO | Coca-cola Co/the | 股票-非周期性消费 | 0.74% | — | +1.71% | |
| 37 | AMZN | Amazon.com Inc | 股票-周期性消费 | 0.58% | +0.04% | +3.77% | |
| 38 | AMD | Advanced Micro Devices | 股票-科技 | 0.56% | +0.64% | -5.11% | |
| 39 | V | Visa Inc-class A Shares | 股票-金融 | 0.56% | +0.05% | +3.19% | |
| 40 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.55% | +0.06% | -1.00% | |
| 41 | ORCL | Oracle CORP | 股票-科技 | 0.51% | -0.01% | +1.30% | |
| 42 | IVV | Ishares Core S&p 500 ETF | ETF-大型股与成长 | 0.51% | +0.02% | +4.85% | |
| 43 | DE | Deere & Co | 股票-工业 | 0.48% | +0.04% | +2.88% | |
| 44 | AVGO | Broadcom Inc | 股票-科技 | 0.45% | +0.06% | +0.95% | |
| 45 | TJX | Tjx Companies Inc | 股票-周期性消费 | 0.44% | -0.04% | +0.91% | |
| 46 | META | Meta Platforms Inc-class A | 股票-通信服务 | 0.42% | +0.01% | +4.19% | |
| 47 | BX | Blackstone Inc | 股票-金融 | 0.40% | — | +4.54% | |
| 48 | MU | Micron Technology Inc | 股票-科技 | 0.40% | +0.64% | +653.19% | |
| 49 | ABT | Abbott Laboratories | 股票-医疗保健 | 0.39% | -0.29% | +4.80% | |
| 50 | MA | Mastercard Inc - A | 股票-金融 | 0.37% | +0.03% | +5.73% |
| # | 代码 | 标的名称 | 占比变动 | 持仓量变化 | 异动类型 |
|---|---|---|---|---|---|
| 1 | AEP | American Electric Power | +1.4% | +3868.57% | 加仓 |
| 2 | MU | Micron Technology Inc | +0.4% | +653.19% | 加仓 |
| 3 | CSCO | Cisco Systems Inc | +0.3% | -0.02% | 减仓 |
| 4 | JNJ | Johnson & Johnson | +0.3% | -0.87% | 减仓 |
| 5 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.2% | +137.21% | 加仓 |
| 6 | AAPL | Apple Inc | +0.2% | -0.59% | 减仓 |
| 7 | TFC | Truist Financial CORP | +0.2% | +0.92% | 加仓 |
| 8 | GOOGL | Alphabet Inc-cl A | +0.2% | +0.16% | 加仓 |
| 9 | RTX | Rtx CORP | +0.2% | -3.34% | 减仓 |
| 10 | XOM | Exxon Mobil CORP | +0.2% | +0.79% | 加仓 |
| 11 | CAT | Caterpillar Inc | +0.1% | -0.17% | 减仓 |
| 12 | NEE | Nextera Energy Inc | +0.1% | -0.16% | 减仓 |
| 13 | AMD | Advanced Micro Devices | +0.1% | -5.11% | 减仓 |
| 14 | LLY | Eli Lilly & Co | +0.1% | +2.29% | 加仓 |
| 15 | QCOM | Qualcomm Inc | +0.1% | +0.68% | 加仓 |
| 16 | DVY | Ishares Select Dividend ETF | +0.1% | +199.40% | 加仓 |
| 17 | KO | Coca-cola Co/the | 0% | +1.71% | 加仓 |
| 18 | AMZN | Amazon.com Inc | 0% | +3.77% | 加仓 |
| 19 | GS | Goldman Sachs Group Inc | 0% | -1.00% | 减仓 |
| 20 | GOOG | Alphabet Inc-cl C | 0% | +1.84% | 加仓 |
| 21 | CINF | Cincinnati Financial CORP | 0% | -0.78% | 减仓 |
| 22 | VOO | Vanguard S&p 500 ETF | 0% | +14.34% | 加仓 |
| 23 | IVV | Ishares Core S&p 500 ETF | 0% | +4.85% | 加仓 |
| 24 | GLD | Spdr Gold Shares | 0% | +15.19% | 加仓 |
| 25 | V | Visa Inc-class A Shares | 0% | +3.19% | 加仓 |
| 26 | TJX | Tjx Companies Inc | 0% | +0.91% | 加仓 |
| 27 | IBM | Intl Business Machines CORP | 0% | -3.11% | 减仓 |
| 28 | MCD | Mcdonald's CORP | 0% | +1.17% | 加仓 |
| 29 | NVDA | Nvidia CORP | -0.1% | -2.26% | 减仓 |
| 30 | AFL | Aflac Inc | -0.1% | -18.03% | 减仓 |
| 31 | CVX | Chevron CORP | -0.1% | +0.65% | 加仓 |
| 32 | TXN | Texas Instruments Inc | -0.1% | +2.31% | 加仓 |
| 33 | PFE | Pfizer Inc | -0.1% | -0.22% | 减仓 |
| 34 | LMT | Lockheed Martin CORP | -0.1% | +1.53% | 加仓 |
| 35 | ABBV | Abbvie Inc | -0.1% | -0.79% | 减仓 |
| 36 | VZ | Verizon Communications Inc | -0.1% | +1.36% | 加仓 |
| 37 | PG | Procter & Gamble Co/the | -0.2% | +0.91% | 加仓 |
| 38 | ORCL | Oracle CORP | -0.2% | +1.30% | 加仓 |
| 39 | SO | Southern Co/the | -0.2% | +0.87% | 加仓 |
| 40 | PAYX | Paychex Inc | -0.3% | +0.10% | 加仓 |
| 41 | CL | Colgate-palmolive Co | -0.3% | -10.59% | 减仓 |
| 42 | SFBS | Servisfirst Bancshares Inc | -0.3% | +2.01% | 加仓 |
| 43 | MSFT | Microsoft CORP | -0.3% | -0.18% | 减仓 |
| 44 | HD | Home Depot Inc | -0.4% | +2.58% | 加仓 |
| 45 | AJG | Arthur J Gallagher & Co | -0.5% | +1.20% | 加仓 |
| 46 | KMB | Kimberly-clark CORP | -0.6% | -13.72% | 减仓 |
| 47 | GIS | General Mills Inc | -1.5% | -94.47% | 减仓 |
| 48 | PYLD | Pimco Multisector Bond Actv | — | NEW | 新建仓 |
| 49 | XLP | Ss Consumer Staples Sel Sect | — | NEW | 新建仓 |
| 50 | IYK | Ishares US Consumer Staples | — | NEW | 新建仓 |
根据 SEC 官方 Form 13F 申报备案，Welch Group, LLC 在 Q4 2025 季度的美股持仓总市值约为 US$29.3亿，共申报了 307 个公开持股仓位。
在 Q4 2025 季度，Welch Group, LLC 按市值排列的前三大核心持股分别为：AAPL (3.9%)、MSFT (3.9%)、RTX (3.5%)。其中最大持股仓位 AAPL 占据整体投资组合约 3.9% 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
PYLD
市值: US$1961.0万
本季最大获利了结 / 清仓标的
MSFT
前期市值: US$1.1亿
在 Q4 2025 季度中，Welch Group, LLC 共进行了 50 项持仓异动，包含新建仓 3 个仓位、加仓 29 个仓位、减仓 18 个仓位以及清仓 0 个仓位。 其中最大新建仓标的为 PYLD。
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。