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: 0001565854
申報總市值
US$43.4億
US$43.4億
148 檔
28.8%
根據最新整理的 13F 季度數據集，Zimmer Partners, LP 於 Q2 2025 結束時的管理資產規模為 US$43.4億。該機構在本季度申報了 148 檔美股持倉，呈現出該時期的主要投資地圖。
Zimmer Partners, LP 在 Q2 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 113 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
整體而言，Zimmer Partners, LP 的前 5 大持股（包含 ES, AEP, XEL）貢獻了組合市值的 28.8%，形成該機構在 Q2 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 | ES | Eversource Energy | 股票-公用事業 | 6.19% | -1.52% | +5105.70% | |
| 2 | AEP | American Electric Power | 股票-公用事業 | 6.05% | — | -21.21% | |
| 3 | XEL | Xcel Energy Inc | 股票-公用事業 | 5.51% | -0.74% | -14.93% | |
| 4 | PCG | P G & E CORP | 股票-公用事業 | 4.79% | +2.16% | -18.98% | |
| 5 | TRGP | Targa Resources CORP | 股票-能源 | 4.72% | -0.77% | +12.55% | |
| 6 | TXNM | Txnm Energy Inc | 股票-公用事業 | 4.36% | -2.16% | EXIT | |
| 7 | WELL | Welltower Inc | 股票-房地產 | 4.17% | +0.54% | -37.04% | |
| 8 | KGS | Kodiak Gas Services Inc | 股票-其他 | 3.33% | +1.03% | +16.87% | |
| 9 | CNP | Centerpoint Energy Inc | 股票-公用事業 | 3.33% | -0.46% | EXIT | |
| 10 | SRE | Sempra | 股票-公用事業 | 2.83% | +0.32% | +18.21% | |
| 11 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | 債券 | 2.67% | -3.06% | EXIT | |
| 12 | VNOMUSD | Viper Energy Inc-cl A | 股票-其他 | 2.13% | — | -8.03% | |
| 13 | DUK | Duke Energy CORP | 股票-公用事業 | 1.90% | -1.16% | -53.46% | |
| 14 | KD | Kyndryl Holdings Inc | 股票-科技 | 1.89% | — | -20.13% | |
| 15 | RYAN | Ryan Specialty Holdings Inc | 股票-金融 | 1.86% | -0.08% | -35.89% | |
| 16 | AEE | Ameren Corporation | 股票-公用事業 | 1.58% | — | -31.54% | |
| 17 | PRMB | Primo Brands CORP | 股票-非循環性消費 | 1.51% | -0.01% | -32.53% | |
| 18 | SWX | Southwest Gas Holdings Inc | 股票-公用事業 | 1.46% | -1.05% | -11.41% | |
| 19 | EVRG | Evergy Inc | 股票-公用事業 | 1.40% | — | -44.37% | |
| 20 | KMI | Kinder Morgan, Inc. | 股票-能源 | 1.40% | -1.37% | -37.47% | |
| 21 | CHWY | Chewy Inc - Class A | 股票-循環性消費 | 1.39% | — | — | |
| 22 | KTOS | Kratos Defense & Security | 股票-工業 | 1.36% | -1.33% | EXIT | |
| 23 | ETR | Entergy CORP | 股票-公用事業 | 1.26% | -1.33% | -38.53% | |
| 24 | ETN | Eaton Corporation plc | 股票-工業 | 1.25% | +0.34% | NEW | |
| 25 | NEE | Nextera Energy Inc | 股票-公用事業 | 1.02% | +0.22% | NEW | |
| 26 | PNW | Pinnacle West Capital | 股票-公用事業 | 0.97% | -0.67% | +900.00% | |
| 27 | ZWS | Zurn Elkay Water Solutions C | 股票-工業 | 0.95% | — | -21.56% | |
| 28 | HE | Hawaiian Electric Inds | 股票-公用事業 | 0.88% | -0.54% | EXIT | |
| 29 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.85% | — | — | |
| 30 | AZO | Autozone Inc | 股票-循環性消費 | 0.81% | +0.70% | +150.00% | |
| 31 | CRH | CRH plc | 股票-原物料 | 0.80% | -0.20% | +2.82% | |
| 32 | HESM | Hess Midstream LP - Class A | 股票-其他 | 0.76% | +0.58% | +22.62% | |
| 33 | PH | Parker Hannifin CORP | 股票-工業 | 0.70% | +0.85% | +2.18% | |
| 34 | WMS | Advanced Drainage Systems In | 股票-工業 | 0.67% | — | -1.14% | |
| 35 | SMA | Smartstop Self Storage Reit | 股票-其他 | 0.66% | -0.11% | — | |
| 36 | TDG | Transdigm Group Inc | 股票-工業 | 0.62% | -0.52% | +13.13% | |
| 37 | TTAM | Titan America SA | 股票-其他 | 0.61% | -0.10% | EXIT | |
| 38 | FANG | Diamondback Energy Inc | 股票-能源 | 0.60% | — | -52.94% | |
| 39 | WM | Waste Management Inc | 股票-工業 | 0.60% | +0.51% | +87.68% | |
| 40 | SNCY | Sun Country Airlines Holding | 股票-其他 | 0.57% | — | -21.84% | |
| 41 | ADT | Adt Inc | 股票-工業 | 0.56% | — | -52.24% | |
| 42 | EIX | Edison International | 股票-公用事業 | 0.56% | — | +17.65% | |
| 43 | SFD | Smithfield Foods Inc | 股票-其他 | 0.54% | — | -61.45% | |
| 44 | KVYO | Klaviyo Inc-a | 股票-其他 | 0.53% | — | — | |
| 45 | YORW | York Water Co | 股票-其他 | 0.52% | +0.46% | — | |
| 46 | HTO | H2o America | 股票-其他 | 0.52% | -1.05% | +454.22% | |
| 47 | PWR | Quanta Services Inc | 股票-工業 | 0.50% | -0.20% | EXIT | |
| 48 | NVT | nVent Electric plc | 股票-工業 | 0.48% | -0.67% | EXIT | |
| 49 | OKE | Oneok Inc | 股票-能源 | 0.48% | +0.10% | NEW | |
| 50 | CPAY | Corpay Inc | 股票-科技 | 0.47% | — | -40.37% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ES | Eversource Energy | +6.1% | +5105.70% | 加碼 |
| 2 | TXNM | Txnm Energy Inc | +4.4% | NEW | 新建倉 |
| 3 | CNP | Centerpoint Energy Inc | +3% | +733.16% | 加碼 |
| 4 | TXNM 5.75 06-01-54債券 | Txnm Energy Inc | +2.7% | NEW | 新建倉 |
| 5 | CHWY | Chewy Inc - Class A | +1.4% | NEW | 新建倉 |
| 6 | KTOS | Kratos Defense & Security | +1.4% | NEW | 新建倉 |
| 7 | NEE | Nextera Energy Inc | +1% | NEW | 新建倉 |
| 8 | PNW | Pinnacle West Capital | +0.9% | +900.00% | 加碼 |
| 9 | SRE | Sempra | +0.9% | +18.21% | 加碼 |
| 10 | LLY | Eli Lilly & Co | +0.9% | NEW | 新建倉 |
| 11 | SMA | Smartstop Self Storage Reit | +0.7% | NEW | 新建倉 |
| 12 | KGS | Kodiak Gas Services Inc | +0.6% | +16.87% | 加碼 |
| 13 | KVYO | Klaviyo Inc-a | +0.5% | NEW | 新建倉 |
| 14 | TRGP | Targa Resources CORP | +0.5% | +12.55% | 加碼 |
| 15 | AZO | Autozone Inc | +0.5% | +150.00% | 加碼 |
| 16 | CMS | Cms Energy CORP | +0.5% | NEW | 新建倉 |
| 17 | HTO | H2o America | +0.4% | +454.22% | 加碼 |
| 18 | LNG | Cheniere Energy Inc | +0.4% | NEW | 新建倉 |
| 19 | ETN | Eaton Corporation plc | +0.4% | -6.76% | 減碼 |
| 20 | KD | Kyndryl Holdings Inc | +0.4% | -20.13% | 減碼 |
| 21 | CRCL | Circle Internet Group Inc | +0.3% | NEW | 新建倉 |
| 22 | WM | Waste Management Inc | +0.3% | +87.68% | 加碼 |
| 23 | PFE | Pfizer Inc | +0.3% | NEW | 新建倉 |
| 24 | MRX | Marex Group plc | +0.3% | NEW | 新建倉 |
| 25 | VVX | V2x Inc | +0.2% | +279.35% | 加碼 |
| 26 | MGA | Magna International Inc | +0.2% | NEW | 新建倉 |
| 27 | SLNOEUR | Soleno Therapeutics Inc | +0.2% | NEW | 新建倉 |
| 28 | WCC | Wesco International Inc | +0.2% | NEW | 新建倉 |
| 29 | JRVR | James River Group Holdings, Inc. | +0.2% | +38.07% | 加碼 |
| 30 | PWR | Quanta Services Inc | +0.2% | -0.66% | 減碼 |
| 31 | QXO | Qxo Inc | +0.2% | NEW | 新建倉 |
| 32 | SARO | Standardaero Inc | +0.2% | +117.50% | 加碼 |
| 33 | SLDE | Slide Insurance Holdings Inc | +0.2% | NEW | 新建倉 |
| 34 | CSW | Csw Industrials Inc | +0.2% | NEW | 新建倉 |
| 35 | GE | General Electric | +0.2% | +14.94% | 加碼 |
| 36 | TDG | Transdigm Group Inc | +0.2% | +13.13% | 加碼 |
| 37 | CARR | Carrier Global CORP | +0.2% | NEW | 新建倉 |
| 38 | PH | Parker Hannifin CORP | +0.2% | +2.18% | 加碼 |
| 39 | HESM | Hess Midstream LP - Class A | +0.2% | +22.62% | 加碼 |
| 40 | LOAR | Loar Holdings Inc | +0.2% | NEW | 新建倉 |
| 41 | GPC | Genuine Parts Co | +0.2% | NEW | 新建倉 |
| 42 | BMY | Bristol-myers Squibb Co | +0.2% | NEW | 新建倉 |
| 43 | NVT | nVent Electric plc | +0.2% | -6.92% | 減碼 |
| 44 | APD | Air Products & Chemicals Inc | +0.2% | +46.67% | 加碼 |
| 45 | CRH | CRH plc | +0.2% | +2.82% | 加碼 |
| 46 | WTRG | Essential Utilities Inc | +0.1% | NEW | 新建倉 |
| 47 | HPP | Hudson Pacific Properties, Inc. | +0.1% | NEW | 新建倉 |
| 48 | FLS | Flowserve CORP | +0.1% | NEW | 新建倉 |
| 49 | CWST | Casella Waste Systems Inc-a | +0.1% | +38.14% | 加碼 |
| 50 | LNT | Alliant Energy CORP | +0.1% | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Zimmer Partners, LP 在 Q2 2025 季度的美股持倉總市值約為 US$43.4億，共申報了 148 個公開持股部位。
在 Q2 2025 季度，Zimmer Partners, LP 按市值排列的前三大核心持股分別為：ES (6.2%)、AEP (6.0%)、XEL (5.5%)。其中最大持股部位 ES 佔據整體投資組合約 6.2% 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
TXNM
市值: US$2.0億
本季最大獲利了結 / 清倉標的
D
前期市值: US$9691.7萬
在 Q2 2025 季度中，Zimmer Partners, LP 共進行了 189 項持倉異動，包含新建倉 44 個部位、加碼 32 個部位、減碼 64 個部位以及清倉 49 個部位。 其中最大新建倉標的為 TXNM。 本季清倉部位包含 D。
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。