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: 0001621802
申報總市值
US$17.1億
US$17.1億
132 檔
40.6%
在 Q2 2025 申報期間，Infrastructure Capital Advisors, LLC（CIK: 0001621802）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$17.1億，共持有 132 個公開申報部位。
Infrastructure Capital Advisors, LLC 於 Q2 2025 展現出進攻型調倉步調，本季推動了 33 檔股票的新建倉與 68 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
在資產配置集中度方面，Infrastructure Capital Advisors, LLC 的前 5 大核心持股（包含 SPY, ET, MPLX 等）合計佔整體申報市值的 40.6%，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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 35.00% | -1.32% | -26.39% | |
| 2 | ET | Energy Transfer LP | 股票-能源 | 5.16% | -1.04% | +4.25% | |
| 3 | MPLX | Mplx LP | 股票-能源 | 4.85% | -1.16% | +635.80% | |
| 4 | WES | Western Midstream Partners L | 股票-能源 | 4.65% | -0.42% | — | |
| 5 | PAA | Plains All Amer Pipeline LP | 股票-能源 | 4.65% | -0.91% | +5877.06% | |
| 6 | EPD | Enterprise Products Partners | 股票-能源 | 4.28% | -0.87% | +230.80% | |
| 7 | SUN | Sunoco LP | 股票-其他 | 4.12% | -0.47% | +231.48% | |
| 8 | HESM | Hess Midstream LP - Class A | 股票-其他 | 3.43% | -0.48% | -14.62% | |
| 9 | RLJ 1.95 PERP A債券 | Rlj Lodging Trust | 債券 | 2.93% | -0.30% | +6.01% | |
| 10 | FLG 6 11-01-51債券 | Flagstar Bank NA | 債券 | 2.68% | -2.29% | +12.79% | |
| 11 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | 債券 | 2.67% | +0.12% | +219.24% | |
| 12 | APO 6.75 07-31-26債券 | Apollo Global Management | 債券 | 2.28% | -1.42% | +28.91% | |
| 13 | LNG | Cheniere Energy Inc | 股票-能源 | 1.74% | -0.46% | +38.63% | |
| 14 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | 債券 | 1.52% | +0.13% | +132.42% | |
| 15 | WMB | Williams Cos Inc | 股票-能源 | 1.16% | -0.64% | — | |
| 16 | TRGP | Targa Resources CORP | 股票-能源 | 1.00% | -1.04% | +48.20% | |
| 17 | BA 6 10-15-27債券 | Boeing Co/the | 債券 | 0.96% | +2.36% | -61.67% | |
| 18 | CQP | Cheniere Energy Partners LP | 股票-其他 | 0.96% | -0.20% | -11.83% | |
| 19 | PEB 6.3 PERP F債券 | Pebblebrook Hotel Trust | 債券 | 0.92% | -0.16% | +16.46% | |
| 20 | EPR 9 PERP E債券 | Epr Properties | 債券 | 0.92% | — | -25.30% | |
| 21 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.90% | -0.49% | +575.25% | |
| 22 | GEL | Genesis Energy L.p. | 股票-其他 | 0.84% | -0.25% | +330.73% | |
| 23 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | 債券 | 0.70% | — | — | |
| 24 | DKL | Delek Logistics Partners LP | 股票-其他 | 0.68% | -0.12% | +1.01% | |
| 25 | GLP | Global Partners LP | 股票-其他 | 0.60% | -0.01% | -79.82% | |
| 26 | USAC | USA Compression Partners LP | 股票-其他 | 0.57% | -0.06% | -80.97% | |
| 27 | PFFA | Virtus Infracap US Pref Stck | ETF-其他 | 0.47% | -0.06% | -16.37% | |
| 28 | BHR 5.5 PERP b債券 | Braemar Hotels & Resorts | 債券 | 0.47% | -0.07% | +9.28% | |
| 29 | OKE | Oneok Inc | 股票-能源 | 0.45% | -0.20% | -98.13% | |
| 30 | RPT V9.875 PERP債券 | Rithm Property Trust | 債券 | 0.43% | -0.03% | +9.29% | |
| 31 | PSX | Phillips 66 | 股票-能源 | 0.33% | -0.05% | +57.49% | |
| 32 | AVGO | Broadcom Inc | 股票-科技 | 0.29% | +0.45% | +21.16% | |
| 33 | MS | Morgan Stanley | 股票-金融 | 0.28% | +0.05% | -12.45% | |
| 34 | GS | Goldman Sachs Group Inc | 股票-金融 | 0.28% | -0.08% | +5.15% | |
| 35 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.26% | -0.12% | +0.78% | |
| 36 | C | Citigroup Inc | 股票-金融 | 0.23% | — | +9.25% | |
| 37 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | 債券 | 0.23% | +1.69% | +232.80% | |
| 38 | KKR | Kkr & Co Inc | 股票-金融 | 0.22% | -0.19% | — | |
| 39 | CVX | Chevron CORP | 股票-能源 | 0.21% | +0.12% | +63.36% | |
| 40 | KRC | Kilroy Realty CORP | 股票-房地產 | 0.20% | -0.06% | +4.97% | |
| 41 | BAC | Bank Of America CORP | 股票-金融 | 0.20% | +0.36% | NEW | |
| 42 | NEE 6.926 09-01-25債券 | Nextera Energy Inc | 債券 | 0.19% | — | -91.22% | |
| 43 | HON | Honeywell International Inc | 股票-工業 | 0.18% | — | -17.12% | |
| 44 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.16% | — | — | |
| 45 | BXP | Bxp Inc | 股票-房地產 | 0.16% | -0.07% | +10.54% | |
| 46 | LXP 6.5 PERP C債券 | Lxp Industrial Trust | 債券 | 0.15% | -0.02% | +9.24% | |
| 47 | VG | Venture Global Inc-cl A | 股票-能源 | 0.15% | -0.01% | — | |
| 48 | AMZA | Infracap Mlp ETF | ETF-其他 | 0.13% | -0.02% | — | |
| 49 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 0.13% | — | — | |
| 50 | MPC | Marathon Petroleum CORP | 股票-能源 | 0.13% | -0.24% | -75.33% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | WES | Western Midstream Partners L | +4.7% | NEW | 新建倉 |
| 2 | PAA | Plains All Amer Pipeline LP | +4.6% | +5877.06% | 加碼 |
| 3 | MPLX | Mplx LP | +3.8% | +635.80% | 加碼 |
| 4 | EPD | Enterprise Products Partners | +3.7% | +230.80% | 加碼 |
| 5 | SUN | Sunoco LP | +3.5% | +231.48% | 加碼 |
| 6 | KKR 6.25 03-01-28 D債券 | Kkr & Co Inc | +1.9% | +219.24% | 加碼 |
| 7 | WMB | Williams Cos Inc | +1.2% | NEW | 新建倉 |
| 8 | ARES 6.75 10-01-27 B債券 | Ares Management CORP | +1% | +132.42% | 加碼 |
| 9 | GTLS 6.75 12-15-25 B債券 | Chart Industries Inc | +0.7% | NEW | 新建倉 |
| 10 | APO 6.75 07-31-26債券 | Apollo Global Management | +0.7% | +28.91% | 加碼 |
| 11 | LNG | Cheniere Energy Inc | +0.6% | +38.63% | 加碼 |
| 12 | TRGP | Targa Resources CORP | +0.5% | +48.20% | 加碼 |
| 13 | FLG 6 11-01-51債券 | Flagstar Bank NA | +0.5% | +12.79% | 加碼 |
| 14 | ET | Energy Transfer LP | +0.4% | +4.25% | 加碼 |
| 15 | PSX | Phillips 66 | +0.3% | +57.49% | 加碼 |
| 16 | KMI | Kinder Morgan, Inc. | +0.3% | +575.25% | 加碼 |
| 17 | GEL | Genesis Energy L.p. | +0.3% | +330.73% | 加碼 |
| 18 | RLJ 1.95 PERP A債券 | Rlj Lodging Trust | +0.2% | +6.01% | 加碼 |
| 19 | KKR | Kkr & Co Inc | +0.2% | NEW | 新建倉 |
| 20 | HPE 7.625 09-01-27債券 | Hp Enterprise Co | +0.2% | +232.80% | 加碼 |
| 21 | JNJ | Johnson & Johnson | +0.2% | NEW | 新建倉 |
| 22 | VG | Venture Global Inc-cl A | +0.2% | NEW | 新建倉 |
| 23 | AVGO | Broadcom Inc | +0.2% | +21.16% | 加碼 |
| 24 | PEB 6.3 PERP F債券 | Pebblebrook Hotel Trust | +0.1% | +16.46% | 加碼 |
| 25 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | NEW | 新建倉 |
| 26 | BAC | Bank Of America CORP | +0.1% | +67.38% | 加碼 |
| 27 | CFG | Citizens Financial Group | +0.1% | NEW | 新建倉 |
| 28 | APO | Apollo Global Management Inc | +0.1% | NEW | 新建倉 |
| 29 | GS | Goldman Sachs Group Inc | +0.1% | +5.15% | 加碼 |
| 30 | IWM | Ishares Russell 2000 ETF | +0.1% | +281.06% | 加碼 |
| 31 | CVX | Chevron CORP | +0.1% | +63.36% | 加碼 |
| 32 | BHR 5.5 PERP b債券 | Braemar Hotels & Resorts | +0.1% | +9.28% | 加碼 |
| 33 | BX | Blackstone Inc | +0.1% | NEW | 新建倉 |
| 34 | C | Citigroup Inc | +0.1% | +9.25% | 加碼 |
| 35 | RPT V9.875 PERP債券 | Rithm Property Trust | +0.1% | +9.29% | 加碼 |
| 36 | IBM | Intl Business Machines CORP | +0.1% | +198.14% | 加碼 |
| 37 | XEL | Xcel Energy Inc | +0.1% | NEW | 新建倉 |
| 38 | JPM | Jpmorgan Chase & Co | +0.1% | NEW | 新建倉 |
| 39 | AMZN | Amazon.com Inc | +0.1% | +0.78% | 加碼 |
| 40 | MCD | Mcdonald's CORP | 0% | +87.42% | 加碼 |
| 41 | MSFT | Microsoft CORP | 0% | NEW | 新建倉 |
| 42 | CTRA | Coterra Energy Inc | 0% | NEW | 新建倉 |
| 43 | SNEX | Stonex Group Inc | 0% | NEW | 新建倉 |
| 44 | NVDA | Nvidia CORP | 0% | NEW | 新建倉 |
| 45 | DKL | Delek Logistics Partners LP | 0% | +1.01% | 加碼 |
| 46 | NWE | Northwestern Energy Group In | 0% | NEW | 新建倉 |
| 47 | META | Meta Platforms Inc-class A | 0% | NEW | 新建倉 |
| 48 | ORCL | Oracle CORP | 0% | NEW | 新建倉 |
| 49 | NVT | nVent Electric plc | 0% | NEW | 新建倉 |
| 50 | T | At&t Inc | 0% | +38.28% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Infrastructure Capital Advisors, LLC 在 Q2 2025 季度的美股持倉總市值約為 US$17.1億，共申報了 132 個公開持股部位。
在 Q2 2025 季度，Infrastructure Capital Advisors, LLC 按市值排列的前三大核心持股分別為：SPY (35.0%)、ET (5.2%)、MPLX (4.8%)。其中最大持股部位 SPY 佔據整體投資組合約 35.0% 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
WES
市值: US$5947.9萬
本季最大獲利了結 / 清倉標的
DIA
前期市值: US$1679.5萬
在 Q2 2025 季度中，Infrastructure Capital Advisors, LLC 共進行了 156 項持倉異動，包含新建倉 33 個部位、加碼 68 個部位、減碼 30 個部位以及清倉 25 個部位。 其中最大新建倉標的為 WES。 本季清倉部位包含 DIA。
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。