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: 0000765443
申報總市值
US$106.0億
US$106.0億
151 檔
14.7%
Duff & Phelps Investment Management Co 在 Q3 2025 季度的美股部位總計估值為 US$106.0億，分散於 151 個持倉標的之中，反映其市場參與廣度與投資規模。
在 Q3 2025 期間，Duff & Phelps Investment Management Co 展現了靈活的資產再平衡步調，透過出清 13 檔弱勢或達到目標價部位，將資金轉置於 11 檔新建倉標的之中。
從部位權重觀察，前 5 大標的（包含 WELL, EQIX, PLD）累計市值佔比達 14.7%，是驅動 Duff & Phelps Investment Management Co 該季度整體投資組合績效表現的核心支柱。
| # | 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 | WELL | Welltower Inc | 股票-房地產 | 5.06% | +1.08% | -0.22% | |
| 2 | EQIX | Equinix Inc | 股票-房地產 | 3.88% | -0.61% | +7.11% | |
| 3 | PLD | Prologis Inc | 股票-房地產 | 3.86% | +0.02% | +0.09% | |
| 4 | DLR | Digital Realty Trust Inc | 股票-房地產 | 2.71% | +0.05% | +0.99% | |
| 5 | SRE | Sempra | 股票-公用事業 | 2.19% | -0.31% | +5.22% | |
| 6 | NEE | Nextera Energy Inc | 股票-公用事業 | 2.18% | -0.40% | -1.87% | |
| 7 | XEL | Xcel Energy Inc | 股票-公用事業 | 2.16% | -0.17% | +6.83% | |
| 8 | AMT | American Tower CORP | 股票-房地產 | 1.98% | -0.05% | +3.69% | |
| 9 | AVB | Avalonbay Communities Inc | 股票-房地產 | 1.97% | +0.25% | +2.40% | |
| 10 | VTR | Ventas Inc | 股票-房地產 | 1.91% | +0.18% | -12.79% | |
| 11 | IRM | Iron Mountain Inc | 股票-房地產 | 1.90% | +0.06% | +11.51% | |
| 12 | SPG | Simon Property Group Inc | 股票-房地產 | 1.74% | +0.38% | -4.85% | |
| 13 | PSA | Public Storage | 股票-房地產 | 1.67% | +0.36% | -0.48% | |
| 14 | CNP | Centerpoint Energy Inc | 股票-公用事業 | 1.64% | -0.13% | +3.67% | |
| 15 | ETR | Entergy CORP | 股票-公用事業 | 1.62% | -0.02% | -1.34% | |
| 16 | AMH | American Homes 4 Rent- A | 股票-房地產 | 1.59% | +0.34% | -0.62% | |
| 17 | EVRG | Evergy Inc | 股票-公用事業 | 1.57% | -0.06% | -6.46% | |
| 18 | NI | Nisource Inc | 股票-公用事業 | 1.53% | -0.12% | -5.92% | |
| 19 | AEE | Ameren Corporation | 股票-公用事業 | 1.48% | -0.03% | -10.36% | |
| 20 | LNT | Alliant Energy CORP | 股票-公用事業 | 1.45% | — | -0.19% | |
| 21 | DUK | Duke Energy CORP | 股票-公用事業 | 1.45% | -0.26% | -0.98% | |
| 22 | ATO | Atmos Energy CORP | 股票-公用事業 | 1.35% | -0.13% | -6.40% | |
| 23 | WEC | Wec Energy Group Inc | 股票-公用事業 | 1.34% | -0.10% | -8.08% | |
| 24 | BRX | Brixmor Property Group Inc | 股票-房地產 | 1.31% | +0.15% | -1.02% | |
| 25 | CCI | Crown Castle Inc | 股票-房地產 | 1.31% | -0.09% | +9.29% | |
| 26 | WMB | Williams Cos Inc | 股票-能源 | 1.29% | -0.06% | -11.74% | |
| 27 | MAA | Mid-america Apartment Comm | 股票-房地產 | 1.24% | +0.25% | +7.72% | |
| 28 | SO | Southern Co/the | 股票-公用事業 | 1.24% | -0.12% | -14.45% | |
| 29 | PPL | Ppl CORP | 股票-公用事業 | 1.24% | -0.07% | -2.60% | |
| 30 | CMS | Cms Energy CORP | 股票-公用事業 | 1.21% | -0.12% | — | |
| 31 | DTE | Dte Energy Company | 股票-公用事業 | 1.17% | +0.01% | — | |
| 32 | PEG | Public Service Enterprise Gp | 股票-公用事業 | 1.12% | -0.37% | +13.11% | |
| 33 | LNG | Cheniere Energy Inc | 股票-能源 | 1.09% | -0.06% | -13.09% | |
| 34 | OGE | Oge Energy CORP | 股票-公用事業 | 1.09% | -0.08% | -0.46% | |
| 35 | CUBE | Cubesmart | 股票-房地產 | 1.08% | +0.18% | +5.43% | |
| 36 | TRP | Tc Energy CORP | 股票-能源 | 1.06% | -0.09% | -9.47% | |
| 37 | MPLX | Mplx LP | 股票-能源 | 1.04% | -0.13% | +0.26% | |
| 38 | WTRG | Essential Utilities Inc | 股票-公用事業 | 1.00% | -0.18% | +2.79% | |
| 39 | ELS | Equity Lifestyle Properties | 股票-房地產 | 0.99% | +0.01% | +0.54% | |
| 40 | EPRT | Essential Properties Realty | 股票-房地產 | 0.99% | +0.06% | +22.67% | |
| 41 | T | At&t Inc | 股票-通訊服務 | 0.99% | -0.34% | — | |
| 42 | AEP | American Electric Power | 股票-公用事業 | 0.97% | -0.01% | — | |
| 43 | SR | Spire Inc | 股票-公用事業 | 0.95% | -0.17% | -0.75% | |
| 44 | ESS | Essex Property Trust Inc | 股票-房地產 | 0.92% | +0.36% | +2.42% | |
| 45 | TRGP | Targa Resources CORP | 股票-能源 | 0.91% | -0.02% | -3.55% | |
| 46 | D | Dominion Energy Inc | 股票-公用事業 | 0.86% | — | — | |
| 47 | FR | First Industrial Realty Tr | 股票-房地產 | 0.85% | +0.11% | — | |
| 48 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.81% | -0.06% | +2.22% | |
| 49 | AWK | American Water Works Co Inc | 股票-公用事業 | 0.77% | -0.13% | +3.88% | |
| 50 | ET | Energy Transfer LP | 股票-能源 | 0.76% | -0.08% | -22.64% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ADC | Agree Realty CORP | +0.7% | +310.96% | 加碼 |
| 2 | WELL | Welltower Inc | +0.6% | -0.22% | 加碼 |
| 3 | SRE | Sempra | +0.6% | +5.22% | 加碼 |
| 4 | IRM | Iron Mountain Inc | +0.6% | +11.51% | 加碼 |
| 5 | XEL | Xcel Energy Inc | +0.5% | +6.83% | 加碼 |
| 6 | DLR | Digital Realty Trust Inc | +0.4% | +0.99% | 加碼 |
| 7 | ARE | Alexandria Real Estate Equit | +0.4% | +1725.74% | 加碼 |
| 8 | NEE | Nextera Energy Inc | +0.3% | -1.87% | 加碼 |
| 9 | SR | Spire Inc | +0.2% | -0.75% | 加碼 |
| 10 | KMI | Kinder Morgan, Inc. | +0.2% | +2.22% | 加碼 |
| 11 | ES | Eversource Energy | +0.2% | +62.27% | 加碼 |
| 12 | VMI | Valmont Industries | +0.2% | +7.80% | 加碼 |
| 13 | EPRT | Essential Properties Realty | +0.1% | +22.67% | 加碼 |
| 14 | DTM | Dt Midstream Inc | +0.1% | -1.20% | 加碼 |
| 15 | FE | Firstenergy CORP | +0.1% | — | 加碼 |
| 16 | PEG | Public Service Enterprise Gp | +0.1% | +13.11% | 加碼 |
| 17 | XYL | Xylem Inc | +0.1% | +1.52% | 加碼 |
| 18 | EQIX | Equinix Inc | +0.1% | +7.11% | 加碼 |
| 19 | MAA | Mid-america Apartment Comm | +0.1% | +7.72% | 加碼 |
| 20 | SBS | Cia Saneamento Basico De-adr | +0.1% | -0.94% | 減碼 |
| 21 | NWN | Northwest Natural Holding Co | +0.1% | — | 加碼 |
| 22 | VLTO | Veralto CORP | +0.1% | +3.18% | 加碼 |
| 23 | KIM | Kimco Realty CORP | +0.1% | +78.40% | 加碼 |
| 24 | SPG | Simon Property Group Inc | +0.1% | -4.85% | 減碼 |
| 25 | ACM | Aecom | +0.1% | -10.67% | 加碼 |
| 26 | ETR | Entergy CORP | +0.1% | -1.34% | 減碼 |
| 27 | PNR | Pentair plc | +0.1% | -0.94% | 加碼 |
| 28 | D | Dominion Energy Inc | +0.1% | — | 不變 |
| 29 | EPD | Enterprise Products Partners | +0.1% | +35.65% | 加碼 |
| 30 | KEYUF | Keyera CORP | +0.1% | -8.93% | 加碼 |
| 31 | VNO | Vornado Realty Trust | +0.1% | +1.34% | 加碼 |
| 32 | CUZ | Cousins Properties Inc | 0% | +2.47% | 加碼 |
| 33 | FTS | Fortis Inc | 0% | — | 不變 |
| 34 | CP | Canadian Pacific Kansas City | 0% | -3.60% | 加碼 |
| 35 | MWA | Mueller Water Products Inc-a | 0% | +11.87% | 加碼 |
| 36 | WTS | Watts Water Technologies-a | 0% | -0.94% | 加碼 |
| 37 | SUN | Sunoco LP | 0% | -19.66% | 加碼 |
| 38 | TU | Telus CORP | 0% | — | 不變 |
| 39 | DUK | Duke Energy CORP | 0% | -0.98% | 加碼 |
| 40 | PECO | Phillips Edison & Company In | 0% | +11.47% | 加碼 |
| 41 | OGS | One Gas Inc | 0% | — | 不變 |
| 42 | FSLR | First Solar Inc | 0% | -21.31% | 加碼 |
| 43 | ECL | Ecolab Inc | 0% | +5.03% | 加碼 |
| 44 | BE | Bloom Energy Corp- A | 0% | -47.35% | 加碼 |
| 45 | KGS | Kodiak Gas Services Inc | 0% | -2.52% | 加碼 |
| 46 | VCLN | Virtus Duff & Phelps Clean E | 0% | — | 加碼 |
| 47 | LNT | Alliant Energy CORP | 0% | -0.19% | 減碼 |
| 48 | TRP | Tc Energy CORP | 0% | -9.47% | 減碼 |
| 49 | WMS | Advanced Drainage Systems In | 0% | +7.46% | 減碼 |
| 50 | IEX | Idex CORP | 0% | -14.28% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Duff & Phelps Investment Management Co 在 Q3 2025 季度的美股持倉總市值約為 US$106.0億，共申報了 151 個公開持股部位。
在 Q3 2025 季度，Duff & Phelps Investment Management Co 按市值排列的前三大核心持股分別為：WELL (5.1%)、EQIX (3.9%)、PLD (3.9%)。其中最大持股部位 WELL 佔據整體投資組合約 5.1% 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
FR
市值: US$7458.4萬
本季最大獲利了結 / 清倉標的
NSC
前期市值: US$2703.5萬
在 Q3 2025 季度中，Duff & Phelps Investment Management Co 共進行了 152 項持倉異動，包含新建倉 11 個部位、加碼 62 個部位、減碼 66 個部位以及清倉 13 個部位。 其中最大新建倉標的為 FR。 本季清倉部位包含 NSC。
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。