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: 0001831187
申報總市值
US$3.0億
US$3.0億
196 檔
19.2%
在 Q4 2025 申報期間，44 Wealth Management LLC（CIK: 0001831187）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$3.0億，共持有 196 個公開申報部位。
觀察 Q4 2025 的資金脈絡，44 Wealth Management LLC 在獲利結算 18 檔個股的同時，將資本重新部署至 15 檔新選標的，展現主動管理機構的輪動節奏。
從部位權重觀察，前 5 大標的（包含 NKE, MSFT, AAPL）累計市值佔比達 19.2%，是驅動 44 Wealth Management LLC 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 | NKE | Nike Inc -cl B | 股票-循環性消費 | 7.15% | -1.64% | -0.06% | |
| 2 | MSFT | Microsoft CORP | 股票-科技 | 6.30% | +0.43% | +0.07% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 2.58% | +1.17% | -0.34% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.90% | -0.02% | -0.90% | |
| 5 | CSCO | Cisco Systems Inc | 股票-科技 | 1.55% | +0.42% | -3.02% | |
| 6 | MDT | Medtronic plc | 股票-醫療保健 | 1.47% | -0.48% | +0.32% | |
| 7 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.43% | +1.00% | +0.83% | |
| 8 | GLD | Spdr Gold Shares | ETF-避險與商品 | 1.42% | -0.27% | +13.17% | |
| 9 | IBM | Intl Business Machines CORP | 股票-科技 | 1.37% | +0.17% | +2.71% | |
| 10 | WFC | Wells Fargo & Co | 股票-金融 | 1.31% | -0.16% | -7.15% | |
| 11 | C | Citigroup Inc | 股票-金融 | 1.28% | +0.13% | -11.37% | |
| 12 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.15% | +0.37% | -4.78% | |
| 13 | UNP | Union Pacific CORP | 股票-工業 | 1.10% | +0.03% | +5.38% | |
| 14 | SNY | Sanofi-adr | 股票-醫療保健 | 1.06% | -0.32% | +7.62% | |
| 15 | AVGO | Broadcom Inc | 股票-科技 | 1.06% | +0.07% | -4.97% | |
| 16 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 1.05% | +0.30% | -12.74% | |
| 17 | HSY | Hershey Co/the | 股票-非循環性消費 | 1.05% | -0.49% | -4.56% | |
| 18 | VTV | Vanguard Value ETF | ETF-其他 | 1.05% | — | — | |
| 19 | PM | Philip Morris International | 股票-非循環性消費 | 1.03% | +0.04% | +12.60% | |
| 20 | KO | Coca-cola Co/the | 股票-非循環性消費 | 1.02% | -0.02% | -4.88% | |
| 21 | HD | Home Depot Inc | 股票-循環性消費 | 1.01% | +0.03% | -4.71% | |
| 22 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.00% | -0.13% | — | |
| 23 | CAH | Cardinal Health Inc | 股票-醫療保健 | 0.98% | -0.34% | +16.14% | |
| 24 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.95% | -0.22% | -15.98% | |
| 25 | WMT | Walmart Inc | 股票-非循環性消費 | 0.94% | -0.14% | -1.59% | |
| 26 | BP | Bp Plc-spons Adr | 股票-能源 | 0.90% | -0.45% | +1.59% | |
| 27 | FCNCA | First Citizens Bcshs -cl A | 股票-金融 | 0.89% | — | +0.73% | |
| 28 | SSNC | Ss&c Technologies Holdings | 股票-科技 | 0.89% | -0.25% | EXIT | |
| 29 | CVS | Cvs Health CORP | 股票-醫療保健 | 0.88% | +0.61% | -9.00% | |
| 30 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.88% | -0.19% | -5.36% | |
| 31 | HON | Honeywell International Inc | 股票-工業 | 0.83% | -1.04% | EXIT | |
| 32 | BLK | Blackrock Inc | 股票-金融 | 0.81% | -0.06% | +12.70% | |
| 33 | SHEL | Shell Plc-adr | 股票-能源 | 0.81% | — | +1.25% | |
| 34 | MU | Micron Technology Inc | 股票-科技 | 0.80% | +0.01% | +0.72% | |
| 35 | ICE | Intercontinental Exchange In | 股票-金融 | 0.79% | -0.45% | +40.06% | |
| 36 | TPR | Tapestry Inc | 股票-循環性消費 | 0.79% | -0.87% | EXIT | |
| 37 | UL | Unilever Plc-sponsored Adr | 股票-非循環性消費 | 0.77% | -0.02% | — | |
| 38 | BDX | Becton Dickinson And Co | 股票-醫療保健 | 0.76% | -0.48% | EXIT | |
| 39 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.76% | -0.02% | -0.58% | |
| 40 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.73% | -0.12% | -1.94% | |
| 41 | KLAC | Kla CORP | 股票-科技 | 0.72% | +0.69% | -0.39% | |
| 42 | COR | Cencora Inc | 股票-醫療保健 | 0.72% | -0.16% | -0.95% | |
| 43 | MA | Mastercard Inc - A | 股票-金融 | 0.72% | -0.02% | -7.08% | |
| 44 | CMI | Cummins Inc | 股票-工業 | 0.72% | +0.15% | -1.02% | |
| 45 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.71% | +0.10% | -6.16% | |
| 46 | DG | Dollar General CORP | 股票-非循環性消費 | 0.70% | -0.26% | +18.04% | |
| 47 | ACN | Accenture plc | 股票-科技 | 0.70% | -0.24% | -1.83% | |
| 48 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 0.68% | -0.06% | -2.36% | |
| 49 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.68% | +0.07% | +4.82% | |
| 50 | SYF | Synchrony Financial | 股票-金融 | 0.67% | — | -0.98% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | CAH | Cardinal Health Inc | +0.3% | +16.14% | 加碼 |
| 2 | MU | Micron Technology Inc | +0.3% | +0.72% | 加碼 |
| 3 | GLD | Spdr Gold Shares | +0.3% | +13.17% | 加碼 |
| 4 | DG | Dollar General CORP | +0.2% | +18.04% | 加碼 |
| 5 | ICE | Intercontinental Exchange In | +0.2% | +40.06% | 加碼 |
| 6 | GOOGL | Alphabet Inc-cl A | +0.2% | +4.82% | 加碼 |
| 7 | WDC | Western Digital CORP | +0.2% | -0.01% | 減碼 |
| 8 | FCNCA | First Citizens Bcshs -cl A | +0.1% | +0.73% | 加碼 |
| 9 | EXPE | Expedia Group Inc | +0.1% | -0.88% | 減碼 |
| 10 | AAPL | Apple Inc | +0.1% | -0.34% | 減碼 |
| 11 | GM | General Motors Co | +0.1% | +1.16% | 加碼 |
| 12 | KDP | Keurig Dr Pepper Inc | +0.1% | +33.29% | 加碼 |
| 13 | CSCO | Cisco Systems Inc | +0.1% | -3.02% | 減碼 |
| 14 | CMI | Cummins Inc | +0.1% | -1.02% | 減碼 |
| 15 | BDX | Becton Dickinson And Co | +0.1% | +13.38% | 加碼 |
| 16 | FIS | Fidelity National Info Serv | +0.1% | +23.34% | 加碼 |
| 17 | WCC | Wesco International Inc | +0.1% | +16.28% | 加碼 |
| 18 | CCK | Crown Holdings Inc | +0.1% | +49.75% | 加碼 |
| 19 | PM | Philip Morris International | +0.1% | +12.60% | 加碼 |
| 20 | SNY | Sanofi-adr | +0.1% | +7.62% | 加碼 |
| 21 | INTC | Intel CORP | +0.1% | +18.64% | 加碼 |
| 22 | CVX | Chevron CORP | +0.1% | +18.96% | 加碼 |
| 23 | ELV | Elevance Health Inc | +0.1% | +11.20% | 加碼 |
| 24 | IBM | Intl Business Machines CORP | +0.1% | +2.71% | 加碼 |
| 25 | SYF | Synchrony Financial | +0.1% | -0.98% | 減碼 |
| 26 | STAG | Stag Industrial Inc | +0.1% | +54.73% | 加碼 |
| 27 | AMGN | Amgen Inc | +0.1% | +42.80% | 加碼 |
| 28 | TPR | Tapestry Inc | +0.1% | -1.09% | 減碼 |
| 29 | AMZN | Amazon.com Inc | +0.1% | +0.83% | 加碼 |
| 30 | KLAC | Kla CORP | +0.1% | -0.39% | 減碼 |
| 31 | MAT | Mattel Inc | +0.1% | -0.91% | 減碼 |
| 32 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.1% | +47.12% | 加碼 |
| 33 | GOOG | Alphabet Inc-cl C | +0.1% | -15.98% | 減碼 |
| 34 | BAC | Bank Of America CORP | +0.1% | +27.47% | 加碼 |
| 35 | PEP | Pepsico Inc | +0.1% | +23.71% | 加碼 |
| 36 | SDA | Sealed Air CORP | +0.1% | +0.43% | 加碼 |
| 37 | JNJ | Johnson & Johnson | +0.1% | -4.78% | 減碼 |
| 38 | ADP | Automatic Data Processing | +0.1% | +40.00% | 加碼 |
| 39 | WMT | Walmart Inc | +0.1% | -1.59% | 減碼 |
| 40 | TECK | Teck Resources Ltd-cls B | +0.1% | +1.32% | 加碼 |
| 41 | EAT | Brinker International Inc | +0.1% | -1.32% | 減碼 |
| 42 | COR | Cencora Inc | 0% | -0.95% | 減碼 |
| 43 | ACN | Accenture plc | 0% | -1.83% | 減碼 |
| 44 | CAT | Caterpillar Inc | 0% | -2.12% | 減碼 |
| 45 | XOM | Exxon Mobil CORP | 0% | +0.24% | 加碼 |
| 46 | RTX | Rtx CORP | 0% | +1.80% | 加碼 |
| 47 | BMY | Bristol-myers Squibb Co | 0% | -12.74% | 減碼 |
| 48 | WFC | Wells Fargo & Co | 0% | -7.15% | 減碼 |
| 49 | HAS | Hasbro Inc | 0% | +1.02% | 加碼 |
| 50 | BTI | British American Tob-sp Adr | 0% | +1.38% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，44 Wealth Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$3.0億，共申報了 196 個公開持股部位。
在 Q4 2025 季度，44 Wealth Management LLC 按市值排列的前三大核心持股分別為：NKE (7.2%)、MSFT (6.3%)、AAPL (2.6%)。其中最大持股部位 NKE 佔據整體投資組合約 7.2% 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
VTV
市值: US$312.1萬
本季最大獲利了結 / 清倉標的
UL
前期市值: US$247.9萬
在 Q4 2025 季度中，44 Wealth Management LLC 共進行了 193 項持倉異動，包含新建倉 15 個部位、加碼 76 個部位、減碼 84 個部位以及清倉 18 個部位。 其中最大新建倉標的為 VTV。 本季清倉部位包含 UL。
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。