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。
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CIK: 0001612389
申報總市值
US$54.4億
US$54.4億
41 檔
41.7%
在 Q4 2025 申報期間，Resolution Capital Ltd（CIK: 0001612389）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$54.4億，共持有 41 個公開申報部位。
Q4 2025 數據顯示 Resolution Capital Ltd 積極進場，新開立 4 個部位並同步加碼 20 檔個股，反映機構在該季度的資金注入與籌碼積累。
在資產配置集中度方面，Resolution Capital Ltd 的前 5 大核心持股（包含 WELL, EQIX, VTR 等）合計佔整體申報市值的 41.7%，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 | WELL | Welltower Inc | 股票-房地產 | 14.65% | -0.89% | -15.03% | |
| 2 | EQIX | Equinix Inc | 股票-房地產 | 9.51% | -2.18% | -6.50% | |
| 3 | VTR | Ventas Inc | 股票-房地產 | 8.92% | -0.70% | -20.67% | |
| 4 | PLD | Prologis Inc | 股票-房地產 | 8.73% | -2.09% | +19.45% | |
| 5 | SPG | Simon Property Group Inc | 股票-房地產 | 8.29% | -2.45% | +36.69% | |
| 6 | FRT | Federal Realty Invs Trust | 股票-房地產 | 7.36% | -0.95% | +4.45% | |
| 7 | DLR | Digital Realty Trust Inc | 股票-房地產 | 6.83% | -1.43% | -31.99% | |
| 8 | EXR | Extra Space Storage Inc | 股票-房地產 | 5.93% | +1.08% | -26.97% | |
| 9 | VNO | Vornado Realty Trust | 股票-房地產 | 4.09% | +2.71% | +3.40% | |
| 10 | ESS | Essex Property Trust Inc | 股票-房地產 | 3.96% | +2.09% | +7.94% | |
| 11 | HR | Healthcare Realty Trust Inc | 股票-房地產 | 3.05% | -0.51% | +27.17% | |
| 12 | EQR | Equity Residential | 股票-房地產 | 2.86% | +1.85% | -35.08% | |
| 13 | ELS | Equity Lifestyle Properties | 股票-房地產 | 2.45% | +0.50% | -18.98% | |
| 14 | TRNO | Terreno Realty CORP | 股票-房地產 | 1.98% | -0.93% | +13.39% | |
| 15 | INVH | Invitation Homes Inc | 股票-房地產 | 1.94% | +0.03% | -44.70% | |
| 16 | CUZ | Cousins Properties Inc | 股票-房地產 | 1.72% | -0.21% | EXIT | |
| 17 | AVB | Avalonbay Communities Inc | 股票-房地產 | 1.16% | — | — | |
| 18 | KIM | Kimco Realty CORP | 股票-房地產 | 0.98% | -0.36% | -70.71% | |
| 19 | UE | Urban Edge Properties | 股票-其他 | 0.96% | +0.10% | -10.16% | |
| 20 | HST | Host Hotels & Resorts Inc | 股票-房地產 | 0.78% | -0.21% | -26.02% | |
| 21 | MAC | Macerich Co/the | 股票-其他 | 0.59% | +0.78% | — | |
| 22 | ESRT | Empire State Realty Trust-a | 股票-其他 | 0.40% | — | -60.43% | |
| 23 | ETR | Entergy CORP | 股票-公用事業 | 0.35% | +0.02% | +36.98% | |
| 24 | KMI | Kinder Morgan, Inc. | 股票-能源 | 0.31% | +0.03% | +30.07% | |
| 25 | LNT | Alliant Energy CORP | 股票-公用事業 | 0.29% | +0.03% | +66.97% | |
| 26 | SR | Spire Inc | 股票-公用事業 | 0.26% | -0.16% | +78.56% | |
| 27 | HTO | H2o America | 股票-其他 | 0.25% | -0.02% | — | |
| 28 | NI | Nisource Inc | 股票-公用事業 | 0.25% | +0.12% | +53.28% | |
| 29 | AEE | Ameren Corporation | 股票-公用事業 | 0.20% | +0.08% | +211.60% | |
| 30 | UNP | Union Pacific CORP | 股票-工業 | 0.14% | +0.04% | +40.44% | |
| 31 | XEL | Xcel Energy Inc | 股票-公用事業 | 0.14% | +0.02% | +37.83% | |
| 32 | SO | Southern Co/the | 股票-公用事業 | 0.11% | -0.02% | EXIT | |
| 33 | DUK | Duke Energy CORP | 股票-公用事業 | 0.09% | -0.04% | EXIT | |
| 34 | AMT | American Tower CORP | 股票-房地產 | 0.09% | +0.02% | +199.19% | |
| 35 | WEC | Wec Energy Group Inc | 股票-公用事業 | 0.09% | — | -49.30% | |
| 36 | PEG | Public Service Enterprise Gp | 股票-公用事業 | 0.08% | — | +48.31% | |
| 37 | WMB | Williams Cos Inc | 股票-能源 | 0.07% | +0.05% | +41.62% | |
| 38 | CEG | Constellation Energy | 股票-公用事業 | 0.06% | -0.02% | -19.26% | |
| 39 | PNW | Pinnacle West Capital | 股票-公用事業 | 0.04% | +0.11% | +26.76% | |
| 40 | OGE | Oge Energy CORP | 股票-公用事業 | 0.03% | -0.10% | — | |
| 41 | PCG | P G & E CORP | 股票-公用事業 | 0.03% | — | +37.23% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | PLD | Prologis Inc | +3% | +19.45% | 加碼 |
| 2 | SPG | Simon Property Group Inc | +2.9% | +36.69% | 加碼 |
| 3 | FRT | Federal Realty Invs Trust | +1.1% | +4.45% | 加碼 |
| 4 | HR | Healthcare Realty Trust Inc | +0.8% | +27.17% | 加碼 |
| 5 | ESS | Essex Property Trust Inc | +0.7% | +7.94% | 加碼 |
| 6 | TRNO | Terreno Realty CORP | +0.5% | +13.39% | 加碼 |
| 7 | EQIX | Equinix Inc | +0.4% | -6.50% | 減碼 |
| 8 | AEE | Ameren Corporation | +0.1% | +211.60% | 加碼 |
| 9 | SR | Spire Inc | +0.1% | +78.56% | 加碼 |
| 10 | LNT | Alliant Energy CORP | +0.1% | +66.97% | 加碼 |
| 11 | ETR | Entergy CORP | +0.1% | +36.98% | 加碼 |
| 12 | NI | Nisource Inc | +0.1% | +53.28% | 加碼 |
| 13 | KMI | Kinder Morgan, Inc. | +0.1% | +30.07% | 加碼 |
| 14 | WELL | Welltower Inc | +0.1% | -15.03% | 減碼 |
| 15 | AMT | American Tower CORP | +0.1% | +199.19% | 加碼 |
| 16 | UNP | Union Pacific CORP | +0.1% | +40.44% | 加碼 |
| 17 | XEL | Xcel Energy Inc | 0% | +37.83% | 加碼 |
| 18 | PEG | Public Service Enterprise Gp | 0% | +48.31% | 加碼 |
| 19 | WMB | Williams Cos Inc | 0% | +41.62% | 加碼 |
| 20 | PCG | P G & E CORP | 0% | +37.23% | 加碼 |
| 21 | PNW | Pinnacle West Capital | 0% | +26.76% | 加碼 |
| 22 | CEG | Constellation Energy | — | -19.26% | 減碼 |
| 23 | SO | Southern Co/the | 0% | -15.19% | 減碼 |
| 24 | VTR | Ventas Inc | 0% | -20.67% | 減碼 |
| 25 | UE | Urban Edge Properties | 0% | -10.16% | 減碼 |
| 26 | WEC | Wec Energy Group Inc | -0.1% | -49.30% | 減碼 |
| 27 | DUK | Duke Energy CORP | -0.1% | -55.11% | 減碼 |
| 28 | HST | Host Hotels & Resorts Inc | -0.1% | -26.02% | 減碼 |
| 29 | VNO | Vornado Realty Trust | -0.2% | +3.40% | 加碼 |
| 30 | ELS | Equity Lifestyle Properties | -0.2% | -18.98% | 減碼 |
| 31 | ESRT | Empire State Realty Trust-a | -0.6% | -60.43% | 減碼 |
| 32 | CUZ | Cousins Properties Inc | -0.9% | -33.99% | 減碼 |
| 33 | EQR | Equity Residential | -1.1% | -35.08% | 減碼 |
| 34 | INVH | Invitation Homes Inc | -1.3% | -44.70% | 減碼 |
| 35 | EXR | Extra Space Storage Inc | -1.8% | -26.97% | 減碼 |
| 36 | KIM | Kimco Realty CORP | -2.2% | -70.71% | 減碼 |
| 37 | DLR | Digital Realty Trust Inc | -3.1% | -31.99% | 減碼 |
| 38 | AVB | Avalonbay Communities Inc | — | NEW | 新建倉 |
| 39 | ADC | Agree Realty CORP | — | EXIT | 清倉 |
| 40 | MAC | Macerich Co/the | — | NEW | 新建倉 |
| 41 | HTO | H2o America | — | NEW | 新建倉 |
| 42 | OGE | Oge Energy CORP | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Resolution Capital Ltd 在 Q4 2025 季度的美股持倉總市值約為 US$54.4億，共申報了 41 個公開持股部位。
在 Q4 2025 季度，Resolution Capital Ltd 按市值排列的前三大核心持股分別為：WELL (14.7%)、EQIX (9.5%)、VTR (8.9%)。其中最大持股部位 WELL 佔據整體投資組合約 14.7% 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
AVB
市值: US$5250.5萬
本季最大獲利了結 / 清倉標的
ADC
前期市值: US$3005.1萬
在 Q4 2025 季度中，Resolution Capital Ltd 共進行了 42 項持倉異動，包含新建倉 4 個部位、加碼 20 個部位、減碼 17 個部位以及清倉 1 個部位。 其中最大新建倉標的為 AVB。 本季清倉部位包含 ADC。
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。