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: 0001900409
申報總市值
US$2.7億
US$2.7億
106 檔
25.7%
在 Q4 2025 的 13F 官方備案中，Agate Pass Investment Management, LLC 管理的美股投資組合規模來到 US$2.7億，整體持股檔數為 106 檔。
Agate Pass Investment Management, LLC 於 Q4 2025 展現出進攻型調倉步調，本季推動了 4 檔股票的新建倉與 24 檔既有部位加碼，整體資金傾向擴大在美股市場的曝險佈局。
從部位權重觀察，前 5 大標的（包含 GOOGL, ABBV, AAPL）累計市值佔比達 25.7%，是驅動 Agate Pass Investment 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 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 6.00% | +0.24% | -2.15% | |
| 2 | ABBV | Abbvie Inc | 股票-醫療保健 | 5.71% | -0.67% | -0.23% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 5.22% | -0.01% | +0.78% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 4.86% | -0.36% | +3.30% | |
| 5 | VB | Vanguard Small-cap ETF | ETF-其他 | 4.11% | +0.29% | +2.18% | |
| 6 | VUG | Vanguard Growth ETF | ETF-其他 | 4.03% | -0.12% | +13.55% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.22% | -0.16% | -0.98% | |
| 8 | ABT | Abbott Laboratories | 股票-醫療保健 | 2.87% | -0.31% | -2.10% | |
| 9 | VEU | Vanguard Ftse All-world Ex-u | ETF-其他 | 2.81% | +0.08% | +2.36% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.61% | +0.12% | +12.67% | |
| 11 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 2.36% | +0.66% | +22.57% | |
| 12 | ORCL | Oracle CORP | 股票-科技 | 2.32% | -0.08% | +0.87% | |
| 13 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.14% | -0.12% | -2.29% | |
| 14 | CSCO | Cisco Systems Inc | 股票-科技 | 1.90% | +0.55% | -0.15% | |
| 15 | IGIB | Ishares 5-10y Inv Grade CORP | ETF-投資等級公司債 | 1.59% | +0.22% | +10.30% | |
| 16 | RTX | Rtx CORP | 股票-工業 | 1.56% | -0.27% | +0.22% | |
| 17 | XLK | Ss Technology Select Sector | ETF-科技型 | 1.55% | +0.75% | +119.58% | |
| 18 | IGSB | Ishares 1-5y Inv Grade CORP | ETF-其他 | 1.53% | +0.47% | +1.52% | |
| 19 | ICSH | Ishares Ultra Short Duration | ETF-其他 | 1.47% | +0.01% | -13.13% | |
| 20 | MA | Mastercard Inc - A | 股票-金融 | 1.46% | -0.04% | +2.96% | |
| 21 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.42% | +0.21% | +4.99% | |
| 22 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.19% | -0.25% | +9.79% | |
| 23 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 1.16% | -0.17% | -1.44% | |
| 24 | DHR | Danaher CORP | 股票-醫療保健 | 1.16% | -0.10% | +0.92% | |
| 25 | HUBB | Hubbell Inc | 股票-工業 | 1.10% | -0.04% | -2.28% | |
| 26 | VCSH | Vanguard S/t CORP Bond ETF | ETF-投資等級公司債 | 1.08% | +0.02% | +1.39% | |
| 27 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.03% | -0.25% | -3.70% | |
| 28 | CPAY | Corpay Inc | 股票-科技 | 1.03% | +0.06% | -1.62% | |
| 29 | PLD | Prologis Inc | 股票-房地產 | 0.98% | -0.07% | +1.54% | |
| 30 | ADP | Automatic Data Processing | 股票-科技 | 0.94% | -0.03% | -1.66% | |
| 31 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.92% | -0.05% | — | |
| 32 | WRB | Wr Berkley CORP | 股票-金融 | 0.91% | -0.03% | -3.91% | |
| 33 | TXN | Texas Instruments Inc | 股票-科技 | 0.89% | +0.33% | -3.69% | |
| 34 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.89% | +0.04% | -0.54% | |
| 35 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 0.89% | -0.02% | +6.88% | |
| 36 | CRM | Salesforce Inc | 股票-科技 | 0.84% | -0.29% | +3.44% | |
| 37 | CVX | Chevron CORP | 股票-能源 | 0.82% | -0.49% | -2.42% | |
| 38 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.81% | -0.05% | -1.29% | |
| 39 | IBM | Intl Business Machines CORP | 股票-科技 | 0.81% | -0.04% | — | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.78% | -0.40% | -1.50% | |
| 41 | V | Visa Inc-class A Shares | 股票-金融 | 0.73% | +0.04% | +5.53% | |
| 42 | AMAT | Applied Materials Inc | 股票-科技 | 0.69% | +0.86% | +0.95% | |
| 43 | ENB | Enbridge Inc | 股票-能源 | 0.68% | -0.11% | +1.49% | |
| 44 | MDT | Medtronic plc | 股票-醫療保健 | 0.67% | -0.28% | -6.47% | |
| 45 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.65% | -0.32% | -3.12% | |
| 46 | TRV | Travelers Cos Inc/the | 股票-金融 | 0.65% | +0.04% | -8.37% | |
| 47 | VCIT | Vanguard Int-term Corporate | ETF-投資等級公司債 | 0.62% | +0.03% | -0.48% | |
| 48 | ROK | Rockwell Automation Inc | 股票-工業 | 0.62% | +0.06% | — | |
| 49 | SCHD | Schwab US Dvd Equity ETF | ETF-其他 | 0.62% | -0.04% | -4.31% | |
| 50 | WELL | Welltower Inc | 股票-房地產 | 0.61% | +0.06% | -8.35% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.1% | -2.15% | 減碼 |
| 2 | VUG | Vanguard Growth ETF | +0.5% | +13.55% | 加碼 |
| 3 | VOO | Vanguard S&p 500 ETF | +0.4% | +22.57% | 加碼 |
| 4 | AMZN | Amazon.com Inc | +0.4% | +12.67% | 加碼 |
| 5 | GOOG | Alphabet Inc-cl C | +0.3% | +4.99% | 加碼 |
| 6 | SBUX | Starbucks CORP | +0.3% | +260.48% | 加碼 |
| 7 | AAPL | Apple Inc | +0.3% | +0.78% | 加碼 |
| 8 | CSCO | Cisco Systems Inc | +0.2% | -0.15% | 減碼 |
| 9 | XLK | Ss Technology Select Sector | +0.1% | +119.58% | 加碼 |
| 10 | DHR | Danaher CORP | +0.1% | +0.92% | 加碼 |
| 11 | JNJ | Johnson & Johnson | +0.1% | -2.29% | 減碼 |
| 12 | AMAT | Applied Materials Inc | +0.1% | +0.95% | 加碼 |
| 13 | IGIB | Ishares 5-10y Inv Grade CORP | +0.1% | +10.30% | 加碼 |
| 14 | RTX | Rtx CORP | +0.1% | +0.22% | 加碼 |
| 15 | PEP | Pepsico Inc | +0.1% | +9.79% | 加碼 |
| 16 | CRM | Salesforce Inc | +0.1% | +3.44% | 加碼 |
| 17 | PLD | Prologis Inc | +0.1% | +1.54% | 加碼 |
| 18 | VEU | Vanguard Ftse All-world Ex-u | +0.1% | +2.36% | 加碼 |
| 19 | VTEB | Vanguard Tax-exempt Bond ETF | +0.1% | +48.11% | 加碼 |
| 20 | VB | Vanguard Small-cap ETF | +0.1% | +2.18% | 加碼 |
| 21 | AMGN | Amgen Inc | +0.1% | +0.46% | 加碼 |
| 22 | ROK | Rockwell Automation Inc | +0.1% | — | 不變 |
| 23 | WWD | Woodward Inc | +0.1% | -1.92% | 減碼 |
| 24 | MRK | Merck & Co. Inc. | +0.1% | -0.58% | 減碼 |
| 25 | BRK-B | Berkshire Hathaway Inc-cl B | 0% | +6.88% | 加碼 |
| 26 | V | Visa Inc-class A Shares | 0% | +5.53% | 加碼 |
| 27 | BNY | Bank Of New York Mellon CORP | 0% | — | 不變 |
| 28 | MA | Mastercard Inc - A | 0% | +2.96% | 加碼 |
| 29 | NKE | Nike Inc -cl B | -0.1% | -11.83% | 減碼 |
| 30 | LOW | Lowe's Cos Inc | -0.1% | -1.44% | 減碼 |
| 31 | PG | Procter & Gamble Co/the | -0.1% | -1.29% | 減碼 |
| 32 | APD | Air Products & Chemicals Inc | -0.1% | -5.74% | 減碼 |
| 33 | TXN | Texas Instruments Inc | -0.1% | -3.69% | 減碼 |
| 34 | COST | Costco Wholesale CORP | -0.1% | -3.70% | 減碼 |
| 35 | WRB | Wr Berkley CORP | -0.2% | -3.91% | 減碼 |
| 36 | ADP | Automatic Data Processing | -0.2% | -1.66% | 減碼 |
| 37 | XLY | Ss Consumer Disc Select Sect | -0.2% | +51.12% | 加碼 |
| 38 | SYY | Sysco CORP | -0.2% | -41.26% | 減碼 |
| 39 | ABBV | Abbvie Inc | -0.2% | -0.23% | 減碼 |
| 40 | ICSH | Ishares Ultra Short Duration | -0.3% | -13.13% | 減碼 |
| 41 | MSFT | Microsoft CORP | -0.3% | +3.30% | 加碼 |
| 42 | ABT | Abbott Laboratories | -0.3% | -2.10% | 減碼 |
| 43 | GPC | Genuine Parts Co | -0.4% | -51.65% | 減碼 |
| 44 | FISV | Fiserv Inc | -0.6% | -30.48% | 減碼 |
| 45 | ORCL | Oracle CORP | -1.1% | +0.87% | 加碼 |
| 46 | MAR | Marriott International -cl A | — | NEW | 新建倉 |
| 47 | VEA | Vanguard Ftse Developed ETF | — | NEW | 新建倉 |
| 48 | WFC | Wells Fargo & Co | — | NEW | 新建倉 |
| 49 | CTSH | Cognizant Tech Solutions-a | — | NEW | 新建倉 |
| 50 | VOT | Vanguard Mid-cap Growth ETF | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Agate Pass Investment Management, LLC 在 Q4 2025 季度的美股持倉總市值約為 US$2.7億，共申報了 106 個公開持股部位。
在 Q4 2025 季度，Agate Pass Investment Management, LLC 按市值排列的前三大核心持股分別為：GOOGL (6.0%)、ABBV (5.7%)、AAPL (5.2%)。其中最大持股部位 GOOGL 佔據整體投資組合約 6.0% 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
MAR
市值: US$62.1萬
本季最大獲利了結 / 清倉標的
VOT
前期市值: US$20.8萬
在 Q4 2025 季度中，Agate Pass Investment Management, LLC 共進行了 48 項持倉異動，包含新建倉 4 個部位、加碼 24 個部位、減碼 19 個部位以及清倉 1 個部位。 其中最大新建倉標的為 MAR。 本季清倉部位包含 VOT。
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。