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
180 檔
33.5%
截至 Q3 2025 季度末，KLCM Advisors, Inc. 的美股持倉估值約為 US$12.7億，全數申報部位共有 180 檔。
Q3 2025 的申報記錄反映 KLCM Advisors, Inc. 的板塊替換策略：機構本季推動了 22 筆增持與 27 筆減持，籌碼呈現明顯的結構重組。
整體而言，KLCM Advisors, Inc. 的前 5 大持股（包含 , AAPL, BA）貢獻了組合市值的 33.5%，形成該機構在 Q3 2025 季度的基本面基石。
| # | 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 | 26.84% | — | -10.57% | ||
| 2 | AAPL | Apple Inc | 股票-科技 | 6.80% | +0.22% | +117.06% | |
| 3 | BA | Boeing Co/the | 股票-工業 | 3.25% | +0.01% | +1.56% | |
| 4 | ✓ | 股票-其他 | 2.87% | — | +2.48% | ||
| 5 | C | Citigroup Inc | 股票-金融 | 2.72% | +0.25% | -30.62% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 2.65% | -1.35% | +24.26% | |
| 7 | ✓ | 股票-其他 | 2.10% | — | +1.61% | ||
| 8 | BLDR | Builders Firstsource Inc | 股票-工業 | 1.97% | +0.05% | -18.15% | |
| 9 | WFC | Wells Fargo & Co | 股票-金融 | 1.92% | -0.07% | -3.81% | |
| 10 | UPS | United Parcel Service-cl B | 股票-工業 | 1.73% | +0.03% | +42.78% | |
| 11 | ✓ | 股票-其他 | 1.69% | — | -12.19% | ||
| 12 | ✓ | 股票-其他 | 1.67% | — | -4.43% | ||
| 13 | BAC | Bank Of America CORP | 股票-金融 | 1.66% | +0.09% | -5.39% | |
| 14 | HAL | Halliburton Co | 股票-能源 | 1.66% | -0.86% | -4.04% | |
| 15 | MCS | Marcus Corporation | 股票-其他 | 1.57% | +0.34% | +1.06% | |
| 16 | TFC | Truist Financial CORP | 股票-金融 | 1.55% | -0.04% | -0.18% | |
| 17 | CAG | Conagra Brands Inc | 股票-非循環性消費 | 1.52% | -0.90% | +2.92% | |
| 18 | ✓ | 股票-其他 | 1.51% | — | -7.61% | ||
| 19 | ✓ | 股票-其他 | 1.49% | — | -4.20% | ||
| 20 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.45% | -0.21% | -5.24% | |
| 21 | HXL | Hexcel CORP | 股票-工業 | 1.33% | — | -4.62% | |
| 22 | AVGO | Broadcom Inc | 股票-科技 | 1.32% | -1.16% | +9.17% | |
| 23 | GT | Goodyear Tire & Rubber Co | 股票-循環性消費 | 1.27% | -0.27% | -2.07% | |
| 24 | ✓ | 股票-其他 | 1.20% | — | -7.99% | ||
| 25 | MSFT | Microsoft CORP | 股票-科技 | 1.16% | +0.10% | +35.22% | |
| 26 | ✓ | 股票-其他 | 1.10% | — | -3.18% | ||
| 27 | DOW | Dow Inc | 股票-原物料 | 1.08% | -0.42% | +9.21% | |
| 28 | NKE | Nike Inc -cl B | 股票-循環性消費 | 1.03% | +0.63% | -8.80% | |
| 29 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.95% | -0.06% | -8.81% | |
| 30 | KVUE | Kenvue Inc | 股票-非循環性消費 | 0.87% | — | -1.90% | |
| 31 | ✓ | 股票-其他 | 0.86% | — | -2.60% | ||
| 32 | BBY | Best Buy Co Inc | 股票-循環性消費 | 0.80% | -0.11% | -0.35% | |
| 33 | ✓ | 股票-其他 | 0.71% | — | -0.38% | ||
| 34 | LPX | Louisiana-pacific CORP | 股票-工業 | 0.68% | +0.10% | — | |
| 35 | PTEN | Patterson-uti Energy Inc | 股票-能源 | 0.64% | -0.03% | -6.72% | |
| 36 | USB | US Bancorp | 股票-金融 | 0.62% | +0.08% | -2.61% | |
| 37 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.59% | -0.04% | +55.09% | |
| 38 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.48% | +0.02% | -4.90% | |
| 39 | ✓ | 股票-其他 | 0.47% | — | +4.33% | ||
| 40 | ✓ | 股票-其他 | 0.47% | — | — | ||
| 41 | PFE | Pfizer Inc | 股票-醫療保健 | 0.44% | -0.07% | -2.93% | |
| 42 | CVX | Chevron CORP | 股票-能源 | 0.42% | +0.07% | -2.56% | |
| 43 | WRB | Wr Berkley CORP | 股票-金融 | 0.42% | — | — | |
| 44 | ✓ | 股票-其他 | 0.40% | — | -1.67% | ||
| 45 | ✓ | 股票-其他 | 0.34% | — | +6.98% | ||
| 46 | ✓ | 股票-其他 | 0.33% | — | -6.79% | ||
| 47 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.33% | — | -4.81% | |
| 48 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.32% | -0.06% | +4.57% | |
| 49 | ✓ | 股票-其他 | 0.30% | — | -30.21% | ||
| 50 | KEY | Keycorp | 股票-金融 | 0.26% | +0.02% | -3.45% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | +5.4% | -10.57% | 減碼 | |
| 2 | AAPL | Apple Inc | +4.9% | +117.06% | 加碼 |
| 3 | META | Meta Platforms Inc-class A | +0.7% | +24.26% | 加碼 |
| 4 | AVGO | Broadcom Inc | +0.6% | +9.17% | 加碼 |
| 5 | HAL | Halliburton Co | +0.5% | -4.04% | 加碼 |
| 6 | BLDR | Builders Firstsource Inc | +0.5% | -18.15% | 加碼 |
| 7 | MSFT | Microsoft CORP | +0.4% | +35.22% | 加碼 |
| 8 | AMZN | Amazon.com Inc | +0.2% | +55.09% | 加碼 |
| 9 | PLTR | Palantir Technologies Inc-a | +0.2% | +0.07% | 加碼 |
| 10 | ✓ | +0.2% | +200.00% | 加碼 | |
| 11 | KMB | Kimberly-clark CORP | +0.2% | -4.98% | 加碼 |
| 12 | QCOM | Qualcomm Inc | +0.2% | +375.09% | 加碼 |
| 13 | ✓ | +0.1% | +6.98% | 加碼 | |
| 14 | ✓ | +0.1% | -4.43% | 減碼 | |
| 15 | ✓ | +0.1% | +144.22% | 加碼 | |
| 16 | ✓ | +0.1% | -1.67% | 減碼 | |
| 17 | ✓ | +0.1% | -6.79% | 減碼 | |
| 18 | ✓ | +0.1% | -3.18% | 減碼 | |
| 19 | ✓ | 0% | +1.61% | 加碼 | |
| 20 | ✓ | 0% | +2.48% | 減碼 | |
| 21 | BAC | Bank Of America CORP | 0% | -5.39% | 減碼 |
| 22 | WFC | Wells Fargo & Co | -0.1% | -3.81% | 減碼 |
| 23 | ✓ | -0.2% | -2.27% | 減碼 | |
| 24 | ✓ | -0.3% | -30.21% | 減碼 | |
| 25 | FISV | Fiserv Inc | -0.3% | -0.13% | 減碼 |
| 26 | ✓ | -0.3% | -0.38% | 減碼 | |
| 27 | ✓ | -0.3% | — | 不變 | |
| 28 | ✓ | -0.4% | -2.60% | 減碼 | |
| 29 | BA | Boeing Co/the | -0.4% | +1.56% | 減碼 |
| 30 | MCS | Marcus Corporation | -0.5% | +1.06% | 減碼 |
| 31 | ✓ | -0.5% | -7.61% | 減碼 | |
| 32 | LLY | Eli Lilly & Co | -0.6% | -80.90% | 減碼 |
| 33 | PTEN | Patterson-uti Energy Inc | -0.6% | -6.72% | 減碼 |
| 34 | GT | Goodyear Tire & Rubber Co | -0.7% | -2.07% | 減碼 |
| 35 | DOW | Dow Inc | -0.7% | +9.21% | 加碼 |
| 36 | KVUE | Kenvue Inc | -0.7% | -1.90% | 減碼 |
| 37 | ✓ | -0.9% | -12.19% | 減碼 | |
| 38 | CAG | Conagra Brands Inc | -1% | +2.92% | 加碼 |
| 39 | ✓ | -1% | -7.99% | 減碼 | |
| 40 | BMY | Bristol-myers Squibb Co | -1% | -5.24% | 減碼 |
| 41 | NEM | Newmont CORP | -2.3% | — | 減碼 |
| 42 | HXL | Hexcel CORP | — | NEW | 新建倉 |
| 43 | LPX | Louisiana-pacific CORP | — | NEW | 新建倉 |
| 44 | HN9 | Hanesbrands Inc | — | EXIT | 清倉 |
| 45 | UNP | Union Pacific CORP | — | EXIT | 清倉 |
| 46 | WY | Weyerhaeuser Co | — | NEW | 新建倉 |
| 47 | LRCXEUR | Lam Research CORP | — | NEW | 新建倉 |
| 48 | CLX | Clorox Company | — | NEW | 新建倉 |
| 49 | FTNT | Fortinet Inc | — | NEW | 新建倉 |
| 50 | ✓ | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，KLCM Advisors, Inc. 在 Q3 2025 季度的美股持倉總市值約為 US$12.7億，共申報了 180 個公開持股部位。
在 Q3 2025 季度，KLCM Advisors, Inc. 按市值排列的前三大核心持股分別為： (26.8%)、AAPL (6.8%)、BA (3.3%)。其中最大持股部位 佔據整體投資組合約 26.8% 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$1331.0萬
本季最大獲利了結 / 清倉標的
HN9
前期市值: US$639.0萬
在 Q3 2025 季度中，KLCM Advisors, Inc. 共進行了 49 項持倉異動，包含新建倉 6 個部位、加碼 16 個部位、減碼 24 個部位以及清倉 3 個部位。 其中最大新建倉標的為 HXL。 本季清倉部位包含 HN9。
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。