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: 0000949615
申報總市值
US$51.0億
US$51.0億
48 檔
45.4%
在 Q1 2026 申報期間，Kayne Anderson Capital Advisors LP（CIK: 0000949615）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$51.0億，共持有 48 個公開申報部位。
觀察 Q1 2026 的資金脈絡，Kayne Anderson Capital Advisors LP 在獲利結算 7 檔個股的同時，將資本重新部署至 11 檔新選標的，展現主動管理機構的輪動節奏。
在資產配置集中度方面，Kayne Anderson Capital Advisors LP 的前 5 大核心持股（包含 EPD, WMB, ET 等）合計佔整體申報市值的 45.4%，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 | EPD | Enterprise Products Partners | 股票-能源 | 9.45% | -0.17% | -2.38% | |
| 2 | WMB | Williams Cos Inc | 股票-能源 | 9.35% | +0.46% | -12.39% | |
| 3 | ET | Energy Transfer LP | 股票-能源 | 9.09% | -0.04% | +2.62% | |
| 4 | LNG | Cheniere Energy Inc | 股票-能源 | 9.04% | -0.09% | +5.67% | |
| 5 | MPLX | Mplx LP | 股票-能源 | 7.47% | -0.99% | -5.55% | |
| 6 | KMI | Kinder Morgan, Inc. | 股票-能源 | 7.04% | -1.20% | -13.19% | |
| 7 | OKE | Oneok Inc | 股票-能源 | 6.70% | -0.11% | +6.43% | |
| 8 | ENB | Enbridge Inc | 股票-能源 | 6.33% | -0.98% | +32.60% | |
| 9 | TRP | Tc Energy CORP | 股票-能源 | 5.78% | -0.68% | -9.91% | |
| 10 | MNR | Mach Natural Resources LP | 股票-其他 | 5.09% | -1.24% | -1.19% | |
| 11 | TRGP | Targa Resources CORP | 股票-能源 | 3.74% | +1.37% | -10.09% | |
| 12 | WES | Western Midstream Partners L | 股票-能源 | 3.09% | +0.28% | +0.44% | |
| 13 | PAA | Plains All Amer Pipeline LP | 股票-能源 | 2.65% | +0.05% | +21.12% | |
| 14 | AM | Antero Midstream CORP | 股票-能源 | 1.86% | -0.88% | -6.31% | |
| 15 | DTM | Dt Midstream Inc | 股票-能源 | 1.68% | +0.17% | -24.73% | |
| 16 | SRE | Sempra | 股票-公用事業 | 1.45% | -0.01% | -18.98% | |
| 17 | PBA | Pembina Pipeline CORP | 股票-能源 | 1.38% | +0.54% | -9.02% | |
| 18 | ETR | Entergy CORP | 股票-公用事業 | 1.30% | -0.43% | -1.64% | |
| 19 | HESM | Hess Midstream LP - Class A | 股票-其他 | 1.13% | -0.83% | -8.17% | |
| 20 | CNP | Centerpoint Energy Inc | 股票-公用事業 | 1.03% | +0.08% | +0.75% | |
| 21 | MPC | Marathon Petroleum CORP | 股票-能源 | 0.75% | +0.29% | — | |
| 22 | KGS | Kodiak Gas Services Inc | 股票-其他 | 0.70% | +0.96% | +1418.14% | |
| 23 | AROC | Archrock Inc | 股票-能源 | 0.66% | +0.11% | +80.55% | |
| 24 | EE | Excelerate Energy Inc-a | 股票-其他 | 0.41% | +0.09% | -29.04% | |
| 25 | SWX | Southwest Gas Holdings Inc | 股票-公用事業 | 0.36% | +0.10% | — | |
| 26 | SUNC | Sunococorp LLC | 股票-其他 | 0.26% | +0.83% | — | |
| 27 | KYN | Kayne Anderson Energy Infra | 股票-其他 | 0.22% | -0.22% | EXIT | |
| 28 | KNRG | Smplfy Kyn Andr En & Infr Cr | ETF-其他 | 0.19% | +0.01% | +33.81% | |
| 29 | NFG | National Fuel Gas Co | 股票-能源 | 0.19% | -0.10% | +12.51% | |
| 30 | NRG | Nrg Energy Inc | 股票-公用事業 | 0.18% | -0.06% | +22.64% | |
| 31 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.15% | -0.15% | EXIT | |
| 32 | PPL | Ppl CORP | 股票-公用事業 | 0.15% | +0.05% | -46.81% | |
| 33 | USAC | USA Compression Partners LP | 股票-其他 | 0.13% | — | — | |
| 34 | GEV | GE Vernova Inc | 股票-工業 | 0.12% | +0.01% | -17.11% | |
| 35 | IDA | Idacorp Inc | 股票-公用事業 | 0.11% | +0.04% | — | |
| 36 | VST | Vistra CORP | 股票-公用事業 | 0.10% | -0.05% | — | |
| 37 | PAGP | Plains Gp Holdings Lp-cl A | 股票-能源 | 0.09% | — | +12.74% | |
| 38 | AEP | American Electric Power | 股票-公用事業 | 0.09% | +0.08% | — | |
| 39 | PWR | Quanta Services Inc | 股票-工業 | 0.09% | +0.01% | -19.14% | |
| 40 | CEG | Constellation Energy | 股票-公用事業 | 0.09% | -0.04% | — | |
| 41 | CCJ | Cameco CORP | 股票-能源 | 0.07% | — | +15.55% | |
| 42 | TLN | Talen Energy CORP | 股票-公用事業 | 0.07% | -0.02% | -26.72% | |
| 43 | CTRI | Centuri Holdings Inc | 股票-其他 | 0.06% | -0.06% | EXIT | |
| 44 | BWXT | Bwx Technologies Inc | 股票-工業 | 0.03% | — | — | |
| 45 | POWL | Powell Industries Inc | 股票-工業 | 0.03% | +0.02% | -71.62% | |
| 46 | MWH | Solv Energy Inc-cl A | 股票-其他 | 0.03% | -0.03% | EXIT | |
| 47 | GLP | Global Partners LP | 股票-其他 | 0.03% | +0.23% | — | |
| 48 | FSLR | First Solar Inc | 股票-科技 | 0.02% | +0.02% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | LNG | Cheniere Energy Inc | +2.1% | +5.67% | 加碼 |
| 2 | ENB | Enbridge Inc | +1.3% | +32.60% | 加碼 |
| 3 | KGS | Kodiak Gas Services Inc | +0.7% | +1418.14% | 加碼 |
| 4 | OKE | Oneok Inc | +0.6% | +6.43% | 加碼 |
| 5 | PAA | Plains All Amer Pipeline LP | +0.6% | +21.12% | 加碼 |
| 6 | AROC | Archrock Inc | +0.3% | +80.55% | 加碼 |
| 7 | MNR | Mach Natural Resources LP | +0.3% | -1.19% | 減碼 |
| 8 | ET | Energy Transfer LP | +0.1% | +2.62% | 加碼 |
| 9 | TRGP | Targa Resources CORP | +0.1% | -10.09% | 減碼 |
| 10 | AM | Antero Midstream CORP | 0% | -6.31% | 減碼 |
| 11 | NFG | National Fuel Gas Co | 0% | +12.51% | 加碼 |
| 12 | XEL | Xcel Energy Inc | 0% | +26.97% | 加碼 |
| 13 | ETR | Entergy CORP | 0% | -1.64% | 減碼 |
| 14 | KNRG | Smplfy Kyn Andr En & Infr Cr | 0% | +33.81% | 加碼 |
| 15 | PAGP | Plains Gp Holdings Lp-cl A | 0% | +12.74% | 加碼 |
| 16 | CCJ | Cameco CORP | 0% | +15.55% | 加碼 |
| 17 | GEV | GE Vernova Inc | — | -17.11% | 減碼 |
| 18 | GLP | Global Partners LP | — | — | 不變 |
| 19 | KYN | Kayne Anderson Energy Infra | 0% | — | 不變 |
| 20 | NRG | Nrg Energy Inc | 0% | +22.64% | 加碼 |
| 21 | PWR | Quanta Services Inc | 0% | -19.14% | 減碼 |
| 22 | CNP | Centerpoint Energy Inc | -0.1% | +0.75% | 加碼 |
| 23 | CTRI | Centuri Holdings Inc | -0.1% | -50.11% | 減碼 |
| 24 | POWL | Powell Industries Inc | -0.1% | -71.62% | 減碼 |
| 25 | TLN | Talen Energy CORP | -0.1% | -26.72% | 減碼 |
| 26 | PPL | Ppl CORP | -0.2% | -46.81% | 減碼 |
| 27 | PBA | Pembina Pipeline CORP | -0.2% | -9.02% | 減碼 |
| 28 | HESM | Hess Midstream LP - Class A | -0.2% | -8.17% | 減碼 |
| 29 | EE | Excelerate Energy Inc-a | -0.2% | -29.04% | 減碼 |
| 30 | EPD | Enterprise Products Partners | -0.3% | -2.38% | 減碼 |
| 31 | WES | Western Midstream Partners L | -0.4% | +0.44% | 加碼 |
| 32 | SRE | Sempra | -0.5% | -18.98% | 減碼 |
| 33 | DTM | Dt Midstream Inc | -0.7% | -24.73% | 減碼 |
| 34 | KMI | Kinder Morgan, Inc. | -0.8% | -13.19% | 減碼 |
| 35 | TRP | Tc Energy CORP | -0.9% | -9.91% | 減碼 |
| 36 | WMB | Williams Cos Inc | -1.1% | -12.39% | 減碼 |
| 37 | MPLX | Mplx LP | -1.3% | -5.55% | 減碼 |
| 38 | MPC | Marathon Petroleum CORP | — | NEW | 新建倉 |
| 39 | LIN | Linde plc | — | EXIT | 清倉 |
| 40 | SWX | Southwest Gas Holdings Inc | — | NEW | 新建倉 |
| 41 | SUNC | Sunococorp LLC | — | NEW | 新建倉 |
| 42 | EXC | Exelon CORP | — | EXIT | 清倉 |
| 43 | USAC | USA Compression Partners LP | — | NEW | 新建倉 |
| 44 | IDA | Idacorp Inc | — | NEW | 新建倉 |
| 45 | VST | Vistra CORP | — | NEW | 新建倉 |
| 46 | AQN | Algonquin Power & Utilities | — | EXIT | 清倉 |
| 47 | AEP | American Electric Power | — | NEW | 新建倉 |
| 48 | CEG | Constellation Energy | — | NEW | 新建倉 |
| 49 | PCG 6 12-01-27 A債券 | Pg&e CORP | — | EXIT | 清倉 |
| 50 | AES | Aes CORP | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Kayne Anderson Capital Advisors LP 在 Q1 2026 季度的美股持倉總市值約為 US$51.0億，共申報了 48 個公開持股部位。
在 Q1 2026 季度，Kayne Anderson Capital Advisors LP 按市值排列的前三大核心持股分別為：EPD (9.4%)、WMB (9.3%)、ET (9.1%)。其中最大持股部位 EPD 佔據整體投資組合約 9.4% 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
MPC
市值: US$3906.6萬
本季最大獲利了結 / 清倉標的
LIN
前期市值: US$3556.6萬
在 Q1 2026 季度中，Kayne Anderson Capital Advisors LP 共進行了 53 項持倉異動，包含新建倉 11 個部位、加碼 15 個部位、減碼 20 個部位以及清倉 7 個部位。 其中最大新建倉標的為 MPC。 本季清倉部位包含 LIN。
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。