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: 0001329375
申報總市值
US$22.3億
US$22.3億
66 檔
28.9%
在 Q1 2026 申報期間，CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT（CIK: 0001329375）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$22.3億，共持有 66 個公開申報部位。
Q1 2026 數據顯示 CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 積極進場，新開立 12 個部位並同步加碼 23 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 的前 5 大核心持股（包含 TRGP, ET, WMB 等）合計佔整體申報市值的 28.9%，反映機構在主要關鍵部位上的權重分佈。
| # | 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 | TRGP | Targa Resources CORP | 股票-能源 | 8.10% | -0.73% | -4.26% | |
| 2 | ET | Energy Transfer LP | 股票-能源 | 7.64% | -0.86% | +0.08% | |
| 3 | WMB | Williams Cos Inc | 股票-能源 | 6.13% | +0.09% | +6.58% | |
| 4 | MPLX | Mplx LP | 股票-能源 | 5.25% | -1.18% | -1.31% | |
| 5 | DTM | Dt Midstream Inc | 股票-能源 | 4.85% | -0.06% | -2.96% | |
| 6 | OKE | Oneok Inc | 股票-能源 | 4.79% | -0.95% | -17.57% | |
| 7 | KMI | Kinder Morgan, Inc. | 股票-能源 | 4.52% | -1.60% | -4.98% | |
| 8 | KNTK | Kinetik Holdings Inc | 股票-其他 | 4.49% | -0.70% | +1.66% | |
| 9 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 4.16% | -0.04% | -7.11% | |
| 10 | TRP | Tc Energy CORP | 股票-能源 | 3.97% | -0.27% | -1.15% | |
| 11 | LNG | Cheniere Energy Inc | 股票-能源 | 3.93% | -0.32% | -13.85% | |
| 12 | WES | Western Midstream Partners L | 股票-能源 | 3.42% | -0.95% | +8.83% | |
| 13 | EPD | Enterprise Products Partners | 股票-能源 | 3.27% | -0.69% | -2.62% | |
| 14 | PBA | Pembina Pipeline CORP | 股票-能源 | 3.01% | -0.61% | +0.74% | |
| 15 | ENB | Enbridge Inc | 股票-能源 | 2.68% | -0.36% | +66.50% | |
| 16 | MPC | Marathon Petroleum CORP | 股票-能源 | 1.73% | -1.16% | +73.09% | |
| 17 | PSX | Phillips 66 | 股票-能源 | 1.62% | -1.07% | -5.66% | |
| 18 | SOBO | South Bow CORP | 股票-其他 | 1.43% | -0.08% | -41.93% | |
| 19 | TLN | Talen Energy CORP | 股票-公用事業 | 1.41% | -0.09% | -23.81% | |
| 20 | VST | Vistra CORP | 股票-公用事業 | 1.37% | +0.04% | -12.03% | |
| 21 | EQT | Eqt CORP | 股票-能源 | 1.27% | -0.31% | +17.14% | |
| 22 | NRG | Nrg Energy Inc | 股票-公用事業 | 1.23% | +0.16% | +5.25% | |
| 23 | CEG | Constellation Energy | 股票-公用事業 | 1.14% | +0.05% | -29.13% | |
| 24 | MTZ | Mastec Inc | 股票-工業 | 1.13% | +0.41% | +0.57% | |
| 25 | SEI | Solaris Energy Infrastructur | 股票-能源 | 1.09% | +0.41% | +536.07% | |
| 26 | PRIM | Primoris Services CORP | 股票-工業 | 1.08% | -1.08% | EXIT | |
| 27 | GEV | GE Vernova Inc | 股票-工業 | 1.04% | +0.47% | -49.84% | |
| 28 | PWR | Quanta Services Inc | 股票-工業 | 1.03% | +0.38% | -2.56% | |
| 29 | AGX | Argan Inc | 股票-工業 | 1.02% | +0.61% | +8.57% | |
| 30 | BE | Bloom Energy Corp- A | 股票-工業 | 0.91% | +0.94% | +17.39% | |
| 31 | NXT | Nextpower Inc-cl A | 股票-科技 | 0.85% | +0.11% | -12.27% | |
| 32 | APC | Arko Petroleum CORP | 股票-其他 | 0.63% | -0.38% | — | |
| 33 | SUNC | Sunococorp LLC | 股票-其他 | 0.61% | +0.62% | — | |
| 34 | DY | Dycom Industries Inc | 股票-工業 | 0.60% | +0.58% | +140.00% | |
| 35 | CRWD | Crowdstrike Holdings Inc - A | 股票-科技 | 0.58% | +0.41% | +20.00% | |
| 36 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.57% | +0.57% | +53.19% | |
| 37 | DOCN | Digitalocean Holdings Inc | 股票-科技 | 0.56% | +0.43% | +13.97% | |
| 38 | EE | Excelerate Energy Inc-a | 股票-其他 | 0.54% | +0.56% | — | |
| 39 | NET | Cloudflare Inc - Class A | 股票-科技 | 0.51% | +0.15% | +66.67% | |
| 40 | VNOM | Viper Energy Inc-cl A | 股票-能源 | 0.48% | -0.48% | EXIT | |
| 41 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.44% | -0.25% | +90.00% | |
| 42 | TXO | Txo Partners LP | 股票-其他 | 0.36% | -0.06% | — | |
| 43 | ETR | Entergy CORP | 股票-公用事業 | 0.35% | +0.16% | — | |
| 44 | WTTR | Select Water Solutions Inc | 股票-其他 | 0.32% | +0.59% | — | |
| 45 | DLR | Digital Realty Trust Inc | 股票-房地產 | 0.30% | +0.08% | — | |
| 46 | XLE | Ss Energy Select Sector | ETF-其他 | 0.30% | -0.30% | EXIT | |
| 47 | MWH | Solv Energy Inc-cl A | 股票-其他 | 0.30% | +0.49% | — | |
| 48 | WBI | Waterbridge Infrastruc-cl A | 股票-其他 | 0.27% | +0.68% | — | |
| 49 | IREN | IREN Limited | 股票-其他 | 0.27% | +0.05% | +2.61% | |
| 50 | ARLP | Alliance Resource Partners | 股票-其他 | 0.26% | -0.10% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ENB | Enbridge Inc | +1% | +66.50% | 加碼 |
| 2 | MPC | Marathon Petroleum CORP | +1% | +73.09% | 加碼 |
| 3 | SEI | Solaris Energy Infrastructur | +0.9% | +536.07% | 加碼 |
| 4 | TRGP | Targa Resources CORP | +0.9% | -4.26% | 減碼 |
| 5 | KNTK | Kinetik Holdings Inc | +0.7% | +1.66% | 加碼 |
| 6 | WMB | Williams Cos Inc | +0.6% | +6.58% | 加碼 |
| 7 | AGX | Argan Inc | +0.4% | +8.57% | 加碼 |
| 8 | BE | Bloom Energy Corp- A | +0.3% | +17.39% | 加碼 |
| 9 | LNG | Cheniere Energy Inc | +0.3% | -13.85% | 減碼 |
| 10 | DY | Dycom Industries Inc | +0.3% | +140.00% | 加碼 |
| 11 | MTZ | Mastec Inc | +0.3% | +0.57% | 加碼 |
| 12 | DOCN | Digitalocean Holdings Inc | +0.2% | +13.97% | 加碼 |
| 13 | PSX | Phillips 66 | +0.2% | -5.66% | 減碼 |
| 14 | EQT | Eqt CORP | +0.2% | +17.14% | 加碼 |
| 15 | NEE | Nextera Energy Inc | +0.2% | +90.00% | 加碼 |
| 16 | PRIM | Primoris Services CORP | +0.2% | +19.68% | 加碼 |
| 17 | NET | Cloudflare Inc - Class A | +0.2% | +66.67% | 加碼 |
| 18 | PWR | Quanta Services Inc | +0.1% | -2.56% | 減碼 |
| 19 | ET | Energy Transfer LP | +0.1% | +0.08% | 加碼 |
| 20 | PAGP | Plains Gp Holdings Lp-cl A | +0.1% | -7.11% | 減碼 |
| 21 | PBA | Pembina Pipeline CORP | +0.1% | +0.74% | 加碼 |
| 22 | PANW | Palo Alto Networks Inc | +0.1% | +53.19% | 加碼 |
| 23 | NXT | Nextpower Inc-cl A | 0% | -12.27% | 減碼 |
| 24 | ETR | Entergy CORP | 0% | — | 不變 |
| 25 | ARLP | Alliance Resource Partners | 0% | — | 不變 |
| 26 | KMI | Kinder Morgan, Inc. | — | -4.98% | 減碼 |
| 27 | TXO | Txo Partners LP | — | — | 不變 |
| 28 | DLR | Digital Realty Trust Inc | — | — | 不變 |
| 29 | SO | Southern Co/the | — | — | 不變 |
| 30 | NGL | Ngl Energy Partners LP | — | — | 不變 |
| 31 | CLSK | Cleanspark Inc | — | +60.00% | 加碼 |
| 32 | AEP | American Electric Power | 0% | — | 不變 |
| 33 | WEC | Wec Energy Group Inc | 0% | — | 不變 |
| 34 | NFE | New Fortress Energy Inc | 0% | — | 不變 |
| 35 | EPD | Enterprise Products Partners | 0% | -2.62% | 減碼 |
| 36 | GEL | Genesis Energy L.p. | 0% | -18.69% | 減碼 |
| 37 | IREN | IREN Limited | -0.1% | +2.61% | 加碼 |
| 38 | WES | Western Midstream Partners L | -0.1% | +8.83% | 加碼 |
| 39 | SNOW | Snowflake Inc | -0.1% | +26.09% | 加碼 |
| 40 | AM | Antero Midstream CORP | -0.1% | -36.39% | 減碼 |
| 41 | CRWD | Crowdstrike Holdings Inc - A | -0.1% | +20.00% | 加碼 |
| 42 | PAA | Plains All Amer Pipeline LP | -0.1% | -64.39% | 減碼 |
| 43 | TRP | Tc Energy CORP | -0.1% | -1.15% | 減碼 |
| 44 | VNOM | Viper Energy Inc-cl A | -0.1% | -26.52% | 減碼 |
| 45 | NRG | Nrg Energy Inc | -0.3% | +5.25% | 加碼 |
| 46 | DTM | Dt Midstream Inc | -0.3% | -2.96% | 減碼 |
| 47 | CVE | Cenovus Energy Inc | -0.4% | -93.48% | 減碼 |
| 48 | MPLX | Mplx LP | -0.5% | -1.31% | 減碼 |
| 49 | VST | Vistra CORP | -0.6% | -12.03% | 減碼 |
| 50 | OKE | Oneok Inc | -0.7% | -17.57% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 在 Q1 2026 季度的美股持倉總市值約為 US$22.3億，共申報了 66 個公開持股部位。
在 Q1 2026 季度，CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 按市值排列的前三大核心持股分別為：TRGP (8.1%)、ET (7.6%)、WMB (6.1%)。其中最大持股部位 TRGP 佔據整體投資組合約 8.1% 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
APC
市值: US$1274.6萬
本季最大獲利了結 / 清倉標的
HESM
前期市值: US$4682.3萬
在 Q1 2026 季度中，CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 共進行了 63 項持倉異動，包含新建倉 12 個部位、加碼 23 個部位、減碼 22 個部位以及清倉 6 個部位。 其中最大新建倉標的為 APC。 本季清倉部位包含 HESM。
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。