13F 申報指南13F 觀念全攻略
什麼是 SEC Form 13F 申報？美股機構大戶持股全攻略
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
AlphaSMO 權威研究指南閱讀專題
CIK: 0000216851
申報總市值
US$7.6億
US$7.6億
54 檔
39.9%
截至 Q2 2025 季度末，Adams Natural Resources Fund, Inc. 的美股持倉估值約為 US$7.6億，全數申報部位共有 54 檔。
在 Q2 2025，Adams Natural Resources Fund, Inc. 展現出較為審慎的避險與獲利了結姿態。本季共減碼 25 個部位並完全清倉 3 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 XOM, CVX, COP）占據了總市值的 39.9%，展現出該機構在 Q2 2025 的重點資金聚焦與風險分佈特徵。
| # | 代號 | 標的名稱 | 資產子類別 | 佔比 | 佔比變動 | 持倉量變化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | XOM | Exxon Mobil CORP | 股票-能源 | 22.84% | -26.25% | EXIT | |
| 2 | CVX | Chevron CORP | 股票-能源 | 11.59% | -1.99% | +226909.33% | |
| 3 | COP | Conocophillips | 股票-能源 | 5.33% | +0.28% | -3.65% | |
| 4 | LIN | Linde plc | 股票-原物料 | 4.73% | +0.56% | -39.78% | |
| 5 | EOG | Eog Resources Inc | 股票-能源 | 3.77% | +0.01% | -1.48% | |
| 6 | WMB | Williams Cos Inc | 股票-能源 | 3.64% | +0.28% | +1238.28% | |
| 7 | KMI | Kinder Morgan, Inc. | 股票-能源 | 2.96% | +0.12% | +2988.31% | |
| 8 | HES | Hess CORP | 股票-其他 | 2.95% | — | +566.08% | |
| 9 | PSX | Phillips 66 | 股票-能源 | 2.80% | -0.15% | -60.35% | |
| 10 | MPC | Marathon Petroleum CORP | 股票-能源 | 2.75% | +0.27% | +392.01% | |
| 11 | TRGP | Targa Resources CORP | 股票-能源 | 2.30% | +0.53% | +1428.44% | |
| 12 | BKR | Baker Hughes Co | 股票-能源 | 2.29% | +0.03% | -9.85% | |
| 13 | OKE | Oneok Inc | 股票-能源 | 2.25% | +0.11% | +29.30% | |
| 14 | SHW | Sherwin-williams Co/the | 股票-原物料 | 2.08% | +0.62% | +205.76% | |
| 15 | EXE | Expand Energy CORP | 股票-能源 | 2.01% | +0.47% | -1.27% | |
| 16 | SLB | Slb LTD | 股票-能源 | 1.98% | +0.05% | +794.03% | |
| 17 | ECL | Ecolab Inc | 股票-原物料 | 1.92% | +0.18% | -7.02% | |
| 18 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 1.71% | +0.33% | +41.66% | |
| 19 | VLO | Valero Energy CORP | 股票-能源 | 1.67% | +1.16% | — | |
| 20 | DVN | Devon Energy CORP | 股票-能源 | 1.53% | -0.75% | +142.63% | |
| 21 | NEM | Newmont CORP | 股票-原物料 | 1.17% | -0.14% | -14.53% | |
| 22 | VMC | Vulcan Materials Co | 股票-原物料 | 1.11% | +0.20% | — | |
| 23 | CTVA | Corteva Inc | 股票-原物料 | 1.09% | +0.08% | — | |
| 24 | EQT | Eqt CORP | 股票-能源 | 1.03% | -0.58% | -1.24% | |
| 25 | CTRA | Coterra Energy Inc | 股票-能源 | 0.94% | -0.49% | EXIT | |
| 26 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.93% | +0.09% | -1.42% | |
| 27 | TPL | Texas Pacific Land CORP | 股票-能源 | 0.91% | +0.04% | -93.04% | |
| 28 | OXY | Occidental Petroleum CORP | 股票-能源 | 0.86% | +0.70% | +1642.58% | |
| 29 | FANG | Diamondback Energy Inc | 股票-能源 | 0.78% | +0.23% | -34.96% | |
| 30 | CF | Cf Industries Holdings Inc | 股票-原物料 | 0.75% | -0.09% | -90.21% | |
| 31 | 6D8 | Dupont De Nemours Inc | 股票-其他 | 0.62% | -0.42% | EXIT | |
| 32 | HAL | Halliburton Co | 股票-能源 | 0.57% | +0.01% | +28.38% | |
| 33 | CCK | Crown Holdings Inc | 股票-循環性消費 | 0.53% | -0.34% | EXIT | |
| 34 | LNG | Cheniere Energy Inc | 股票-能源 | 0.51% | — | — | |
| 35 | CNQ | Canadian Natural Resources | 股票-能源 | 0.48% | — | — | |
| 36 | MLM | Martin Marietta Materials | 股票-原物料 | 0.47% | -0.03% | -95.79% | |
| 37 | NUE | Nucor CORP | 股票-原物料 | 0.46% | +0.24% | -87.30% | |
| 38 | EMN | Eastman Chemical Co | 股票-原物料 | 0.39% | — | -19.07% | |
| 39 | FTI | TechnipFMC plc | 股票-能源 | 0.34% | +0.03% | -82.81% | |
| 40 | PPG | Ppg Industries Inc | 股票-原物料 | 0.33% | +0.07% | -53.35% | |
| 41 | IP | International Paper Co | 股票-循環性消費 | 0.30% | +0.03% | -93.57% | |
| 42 | SW | Smurfit Westrock Plc | 股票-循環性消費 | 0.28% | +0.06% | -50.42% | |
| 43 | DOW | Dow Inc | 股票-原物料 | 0.27% | -0.07% | — | |
| 44 | STLD | Steel Dynamics Inc | 股票-原物料 | 0.25% | +0.10% | -80.05% | |
| 45 | IFF | Intl Flavors & Fragrances | 股票-原物料 | 0.24% | +0.52% | -50.60% | |
| 46 | PKG | Packaging CORP Of America | 股票-循環性消費 | 0.22% | -0.14% | -59.12% | |
| 47 | BALL | Ball CORP | 股票-循環性消費 | 0.21% | +0.02% | — | |
| 48 | LYB | LyondellBasell Industries N.V. | 股票-原物料 | 0.19% | -0.04% | +281.48% | |
| 49 | AVY | Avery Dennison CORP | 股票-循環性消費 | 0.18% | — | — | |
| 50 | APA | Apa CORP | 股票-能源 | 0.16% | -0.04% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CVX | Chevron CORP | +11.6% | +226909.33% | 加碼 |
| 2 | KMI | Kinder Morgan, Inc. | +2.8% | +2988.31% | 加碼 |
| 3 | HES | Hess CORP | +2.7% | +566.08% | 加碼 |
| 4 | WMB | Williams Cos Inc | +2.7% | +1238.28% | 加碼 |
| 5 | MPC | Marathon Petroleum CORP | +2.7% | +392.01% | 加碼 |
| 6 | LIN | Linde plc | +2.5% | -39.78% | 減碼 |
| 7 | SHW | Sherwin-williams Co/the | +1.9% | +205.76% | 加碼 |
| 8 | SLB | Slb LTD | +1.7% | +794.03% | 加碼 |
| 9 | VLO | Valero Energy CORP | +1.7% | NEW | 新建倉 |
| 10 | TRGP | Targa Resources CORP | +1.2% | +1428.44% | 加碼 |
| 11 | VMC | Vulcan Materials Co | +1.1% | NEW | 新建倉 |
| 12 | FCX | Freeport-mcmoran Inc | +1.1% | +41.66% | 加碼 |
| 13 | DVN | Devon Energy CORP | +0.8% | +142.63% | 加碼 |
| 14 | OXY | Occidental Petroleum CORP | +0.6% | +1642.58% | 加碼 |
| 15 | LNG | Cheniere Energy Inc | +0.5% | NEW | 新建倉 |
| 16 | PSX | Phillips 66 | +0.5% | -60.35% | 減碼 |
| 17 | CNQ | Canadian Natural Resources | +0.5% | NEW | 新建倉 |
| 18 | CTVA | Corteva Inc | +0.2% | — | 不變 |
| 19 | 6D8 | Dupont De Nemours Inc | +0.2% | +53.62% | 加碼 |
| 20 | EXE | Expand Energy CORP | +0.2% | -1.27% | 減碼 |
| 21 | EQT | Eqt CORP | +0.1% | -1.24% | 減碼 |
| 22 | APD | Air Products & Chemicals Inc | 0% | -1.42% | 減碼 |
| 23 | APA | Apa CORP | 0% | — | 不變 |
| 24 | CCK | Crown Holdings Inc | 0% | -23.22% | 減碼 |
| 25 | EOG | Eog Resources Inc | 0% | -1.48% | 減碼 |
| 26 | STLD | Steel Dynamics Inc | 0% | -80.05% | 減碼 |
| 27 | DOW | Dow Inc | -0.1% | — | 不變 |
| 28 | PKG | Packaging CORP Of America | -0.1% | -59.12% | 減碼 |
| 29 | IFF | Intl Flavors & Fragrances | -0.1% | -50.60% | 減碼 |
| 30 | EMN | Eastman Chemical Co | -0.1% | -19.07% | 減碼 |
| 31 | OKE | Oneok Inc | -0.2% | +29.30% | 加碼 |
| 32 | LYB | LyondellBasell Industries N.V. | -0.2% | +281.48% | 加碼 |
| 33 | MOS | Mosaic Co/the | -0.3% | -6.19% | 減碼 |
| 34 | BKR | Baker Hughes Co | -0.4% | -9.85% | 減碼 |
| 35 | MLM | Martin Marietta Materials | -0.4% | -95.79% | 減碼 |
| 36 | FANG | Diamondback Energy Inc | -0.5% | -34.96% | 減碼 |
| 37 | CTRA | Coterra Energy Inc | -0.6% | -35.26% | 減碼 |
| 38 | CE | Celanese CORP | -0.6% | EXIT | 清倉 |
| 39 | TPL | Texas Pacific Land CORP | -0.6% | -93.04% | 減碼 |
| 40 | COP | Conocophillips | -0.7% | -3.65% | 減碼 |
| 41 | XOM | Exxon Mobil CORP | -0.8% | -1.22% | 減碼 |
| 42 | FMC | Fmc CORP | -1.3% | EXIT | 清倉 |
| 43 | PPG | Ppg Industries Inc | -1.7% | -53.35% | 減碼 |
| 44 | NUE | Nucor CORP | -2.1% | -87.30% | 減碼 |
| 45 | SW | Smurfit Westrock Plc | -2.2% | -50.42% | 減碼 |
| 46 | IP | International Paper Co | -2.4% | -93.57% | 減碼 |
| 47 | HAL | Halliburton Co | -2.6% | +28.38% | 加碼 |
| 48 | FTI | TechnipFMC plc | -2.9% | -82.81% | 減碼 |
| 49 | ITRI | Itron Inc | -4.4% | EXIT | 清倉 |
| 50 | CF | Cf Industries Holdings Inc | -12.2% | -90.21% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Adams Natural Resources Fund, Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$7.6億，共申報了 54 個公開持股部位。
在 Q2 2025 季度，Adams Natural Resources Fund, Inc. 按市值排列的前三大核心持股分別為：XOM (22.8%)、CVX (11.6%)、COP (5.3%)。其中最大持股部位 XOM 佔據整體投資組合約 22.8% 的權重。
精選 AlphaSMO 大戶持股與內部人交易深度分析，提升投資決策勝率
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
本季最大新建倉標的
VLO
市值: US$1052.5萬
本季最大獲利了結 / 清倉標的
ITRI
前期市值: US$2998.7萬
在 Q2 2025 季度中，Adams Natural Resources Fund, Inc. 共進行了 47 項持倉異動，包含新建倉 4 個部位、加碼 15 個部位、減碼 25 個部位以及清倉 3 個部位。 其中最大新建倉標的為 VLO。 本季清倉部位包含 ITRI。
本頁面所有持股數據均直接同步自美國證券交易委員會（SEC）EDGAR 官方系統之 13F-HR / 13F-HR/A 季度申報文件。AlphaSMO 透過機器解析 CUSIP 與個股對照，提供 100% 精準對齊的歷史時序數據集，並支援 Schema.org 結構化資料格式。
解析公司高管、董事與 10% 大股東之 Form 4 內部人交易申報，掌握高管自家股票買賣第一手訊號。
深入剖析 5% 股益申報門檻、13D 與 13G 之差異，以及最新 SEC 申報時程規範，洞察機構法人的激進投資動向。