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: 0001166620
申報總市值
US$12.7億
US$12.7億
179 檔
29.5%
在 Q2 2025 的 13F 官方備案中，KLCM Advisors, Inc. 管理的美股投資組合規模來到 US$12.7億，整體持股檔數為 179 檔。
數據顯示 KLCM Advisors, Inc. 於 Q2 2025 季度持續回收資金，對 31 個既有部位進行裁減並清倉 1 個標的，組合整體流動性比重有所上升。
從部位權重觀察，前 5 大標的（包含 , C, BA）累計市值佔比達 29.5%，是驅動 KLCM Advisors, Inc. 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 | ✓ | 股票-其他 | 27.09% | — | -4.78% | ||
| 2 | C | Citigroup Inc | 股票-金融 | 3.50% | +0.25% | -1.28% | |
| 3 | BA | Boeing Co/the | 股票-工業 | 3.31% | +0.01% | -17.97% | |
| 4 | ✓ | 股票-其他 | 3.17% | — | -26.55% | ||
| 5 | AAPL | Apple Inc | 股票-科技 | 2.69% | +0.22% | +64.80% | |
| 6 | BLDR | Builders Firstsource Inc | 股票-工業 | 2.47% | +0.05% | +99.19% | |
| 7 | ✓ | 股票-其他 | 2.35% | — | +78.87% | ||
| 8 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.28% | -1.35% | +2.69% | |
| 9 | WFC | Wells Fargo & Co | 股票-金融 | 2.04% | -0.07% | -0.99% | |
| 10 | GT | Goodyear Tire & Rubber Co | 股票-循環性消費 | 1.91% | -0.27% | -4.10% | |
| 11 | MCS | Marcus Corporation | 股票-其他 | 1.80% | +0.34% | -5.54% | |
| 12 | CAG | Conagra Brands Inc | 股票-非循環性消費 | 1.76% | -0.90% | +0.23% | |
| 13 | ✓ | 股票-其他 | 1.73% | — | -1.47% | ||
| 14 | BAC | Bank Of America CORP | 股票-金融 | 1.72% | +0.09% | -1.42% | |
| 15 | ✓ | 股票-其他 | 1.71% | — | -3.19% | ||
| 16 | ✓ | 股票-其他 | 1.69% | — | -4.08% | ||
| 17 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.67% | -0.21% | -1.91% | |
| 18 | UPS | United Parcel Service-cl B | 股票-工業 | 1.56% | +0.03% | -1.81% | |
| 19 | TFC | Truist Financial CORP | 股票-金融 | 1.55% | -0.04% | -3.08% | |
| 20 | ✓ | 股票-其他 | 1.54% | — | -24.71% | ||
| 21 | HAL | Halliburton Co | 股票-能源 | 1.53% | -0.86% | +85.55% | |
| 22 | HXL | Hexcel CORP | 股票-工業 | 1.34% | — | — | |
| 23 | ✓ | 股票-其他 | 1.26% | — | -4.18% | ||
| 24 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.23% | +0.63% | -2.44% | |
| 25 | KVUE | Kenvue Inc | 股票-非循環性消費 | 1.22% | — | -3.19% | |
| 26 | DOW | Dow Inc | 股票-原物料 | 1.21% | -0.42% | -1.33% | |
| 27 | DIS | Walt Disney Co/the | 股票-通訊服務 | 1.20% | -0.06% | -5.45% | |
| 28 | AVGO | Broadcom Inc | 股票-科技 | 1.08% | -1.16% | — | |
| 29 | ✓ | 股票-其他 | 1.03% | — | -0.82% | ||
| 30 | ✓ | 股票-其他 | 0.97% | — | -2.42% | ||
| 31 | MSFT | Microsoft CORP | 股票-科技 | 0.87% | +0.10% | -0.39% | |
| 32 | PTEN | Patterson-uti Energy Inc | 股票-能源 | 0.83% | -0.03% | +4.60% | |
| 33 | BBY | Best Buy Co Inc | 股票-循環性消費 | 0.76% | -0.11% | -2.30% | |
| 34 | ✓ | 股票-其他 | 0.71% | — | -2.55% | ||
| 35 | USB | US Bancorp | 股票-金融 | 0.63% | +0.08% | +1.02% | |
| 36 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.57% | +0.02% | +0.95% | |
| 37 | ✓ | 股票-其他 | 0.56% | — | — | ||
| 38 | UNP | Union Pacific CORP | 股票-工業 | 0.50% | — | — | |
| 39 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.49% | +0.02% | +0.59% | |
| 40 | PFE | Pfizer Inc | 股票-醫療保健 | 0.46% | -0.07% | -2.44% | |
| 41 | HN9 | Hanesbrands Inc | 股票-其他 | 0.46% | — | -14.84% | |
| 42 | ✓ | 股票-其他 | 0.44% | — | +4.80% | ||
| 43 | ✓ | 股票-其他 | 0.44% | — | -1.97% | ||
| 44 | WRB | Wr Berkley CORP | 股票-金融 | 0.43% | — | — | |
| 45 | CVX | Chevron CORP | 股票-能源 | 0.42% | +0.07% | -0.33% | |
| 46 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.40% | -0.04% | +1.38% | |
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.36% | — | -3.34% | |
| 48 | FISV | Fiserv Inc | 股票-其他 | 0.35% | -0.05% | -5.74% | |
| 49 | ✓ | 股票-其他 | 0.31% | — | -3.58% | ||
| 50 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.31% | -0.06% | -1.91% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +5.6% | — | 減碼 |
| 2 | HXL | Hexcel CORP | +1.3% | NEW | 新建倉 |
| 3 | BLDR | Builders Firstsource Inc | +1% | +99.19% | 加碼 |
| 4 | AAPL | Apple Inc | +0.7% | +64.80% | 加碼 |
| 5 | HAL | Halliburton Co | +0.4% | +85.55% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.4% | +2.69% | 加碼 |
| 7 | AVGO | Broadcom Inc | +0.4% | — | 不變 |
| 8 | ATI | Ati Inc | +0.3% | — | 減碼 |
| 9 | MAN | Manpowergroup Inc | +0.3% | — | 加碼 |
| 10 | C | Citigroup Inc | +0.2% | -1.28% | 減碼 |
| 11 | KMB | Kimberly-clark CORP | +0.2% | +487.37% | 加碼 |
| 12 | GTES | Gates Industrial Corporation plc | +0.2% | — | 減碼 |
| 13 | PLTR | Palantir Technologies Inc-a | +0.2% | +250.00% | 加碼 |
| 14 | MSFT | Microsoft CORP | +0.1% | -0.39% | 減碼 |
| 15 | DIS | Walt Disney Co/the | +0.1% | -5.45% | 減碼 |
| 16 | NFLX | Netflix Inc | +0.1% | — | 不變 |
| 17 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | — | 減碼 |
| 18 | JPM | Jpmorgan Chase & Co | 0% | +0.59% | 加碼 |
| 19 | AMD | Advanced Micro Devices | 0% | +2.73% | 加碼 |
| 20 | BAC | Bank Of America CORP | 0% | -1.42% | 減碼 |
| 21 | TSLA | Tesla Inc | 0% | — | 加碼 |
| 22 | AMZN | Amazon.com Inc | 0% | +1.38% | 加碼 |
| 23 | WFC | Wells Fargo & Co | 0% | -0.99% | 減碼 |
| 24 | NKE | Nike Inc -cl B | 0% | -2.44% | 減碼 |
| 25 | CSCO | Cisco Systems Inc | 0% | — | 減碼 |
| 26 | GT | Goodyear Tire & Rubber Co | -0.1% | -4.10% | 減碼 |
| 27 | NBIS | Nebius Group N.V. | -0.1% | EXIT | 清倉 |
| 28 | UNH | Unitedhealth Group Inc | -0.1% | — | 不變 |
| 29 | MCD | Mcdonald's CORP | -0.1% | -42.36% | 減碼 |
| 30 | MTG | Mgic Investment CORP | -0.1% | -35.44% | 減碼 |
| 31 | XOM | Exxon Mobil CORP | -0.1% | — | 減碼 |
| 32 | CVX | Chevron CORP | -0.1% | -0.33% | 減碼 |
| 33 | ETN | Eaton Corporation plc | -0.2% | — | 減碼 |
| 34 | FISV | Fiserv Inc | -0.2% | -5.74% | 減碼 |
| 35 | BBY | Best Buy Co Inc | -0.2% | -2.30% | 減碼 |
| 36 | TGT | Target CORP | -0.2% | — | 減碼 |
| 37 | TPL | Texas Pacific Land CORP | -0.2% | — | 不變 |
| 38 | ZBH | Zimmer Biomet Holdings Inc | -0.3% | — | 減碼 |
| 39 | MCS | Marcus Corporation | -0.3% | -5.54% | 減碼 |
| 40 | HN9 | Hanesbrands Inc | -0.3% | -14.84% | 減碼 |
| 41 | VZ | Verizon Communications Inc | -0.3% | — | 減碼 |
| 42 | UPS | United Parcel Service-cl B | -0.4% | -1.81% | 減碼 |
| 43 | KVUE | Kenvue Inc | -0.4% | -3.19% | 減碼 |
| 44 | PTEN | Patterson-uti Energy Inc | -0.4% | +4.60% | 加碼 |
| 45 | DOW | Dow Inc | -0.6% | -1.33% | 減碼 |
| 46 | CAG | Conagra Brands Inc | -0.8% | +0.23% | 加碼 |
| 47 | BMY | Bristol-myers Squibb Co | -0.8% | -1.91% | 減碼 |
| 48 | OGN | Organon & Co | -1% | — | 減碼 |
| 49 | APA | Apa CORP | -1.1% | — | 減碼 |
| 50 | NEM | Newmont CORP | -2.3% | -95.76% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，KLCM Advisors, Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$12.7億，共申報了 179 個公開持股部位。
在 Q2 2025 季度，KLCM Advisors, Inc. 按市值排列的前三大核心持股分別為： (27.1%)、C (3.5%)、BA (3.3%)。其中最大持股部位 佔據整體投資組合約 27.1% 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
HXL
市值: US$1257.2萬
本季最大獲利了結 / 清倉標的
NBIS
前期市值: US$52.8萬
在 Q2 2025 季度中，KLCM Advisors, Inc. 共進行了 46 項持倉異動，包含新建倉 1 個部位、加碼 13 個部位、減碼 31 個部位以及清倉 1 個部位。 其中最大新建倉標的為 HXL。 本季清倉部位包含 NBIS。
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。