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: 0001272164
申報總市值
US$11.7億
US$11.7億
695 檔
22.3%
根據最新整理的 13F 季度數據集，American National Bank & Trust 於 Q4 2025 結束時的管理資產規模為 US$11.7億。該機構在本季度申報了 695 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q4 2025，American National Bank & Trust 操作展現出積極擴展與加碼意向。本季共新建倉 2 個新部位，並對 31 個既有持股進行加碼（合計增持 33 檔），相較減碼與清倉部位顯著佔優。
整體而言，American National Bank & Trust 的前 5 大持股（包含 GOOGL, AAPL, MSFT）貢獻了組合市值的 22.3%，形成該機構在 Q4 2025 季度的基本面基石。
本季最大新建倉標的
GBCI
市值: US$482.1萬
本季最大獲利了結 / 清倉標的
GNTYUSD
前期市值: US$572.5萬
僅顯示前 200 大持股（共 695 檔）
| # | 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 | 6.96% | +0.35% | -1.35% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.11% | -0.03% | +0.10% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 4.52% | -0.39% | +0.02% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 4.32% | — | +0.92% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 3.74% | +0.22% | +1.45% | |
| 6 | GSSC | Goldman Sachs Activebeta US | ETF-避險與商品 | 3.67% | +0.60% | +8.96% | |
| 7 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 3.12% | -0.25% | +0.02% | |
| 8 | GSIE | Goldman Sachs Activebeta Int | ETF-避險與商品 | 2.85% | -0.02% | +6.58% | |
| 9 | WMT | Walmart Inc | 股票-非循環性消費 | 2.80% | -0.63% | -2.06% | |
| 10 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.80% | -0.21% | -1.72% | |
| 11 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.78% | -0.36% | +0.67% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 1.75% | -0.02% | +1.03% | |
| 13 | LMT | Lockheed Martin CORP | 股票-工業 | 1.74% | -0.55% | -1.05% | |
| 14 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.71% | -0.03% | +1.10% | |
| 15 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.71% | +0.02% | +0.56% | |
| 16 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.62% | +0.22% | -1.63% | |
| 17 | KLAC | Kla CORP | 股票-科技 | 1.61% | +1.55% | +2.53% | |
| 18 | CAT | Caterpillar Inc | 股票-工業 | 1.49% | +0.59% | +1.58% | |
| 19 | LIN | Linde plc | 股票-原物料 | 1.46% | -0.14% | +1.47% | |
| 20 | NVDA | Nvidia CORP | 股票-科技 | 1.38% | +0.08% | +6.12% | |
| 21 | CVX | Chevron CORP | 股票-能源 | 1.38% | -0.56% | -0.43% | |
| 22 | HD | Home Depot Inc | 股票-循環性消費 | 1.32% | -0.09% | +2.68% | |
| 23 | LH | Labcorp Holdings Inc | 股票-醫療保健 | 1.22% | -0.11% | +2.29% | |
| 24 | SYK | Stryker CORP | 股票-醫療保健 | 1.19% | -0.21% | -2.06% | |
| 25 | GD | General Dynamics CORP | 股票-工業 | 1.18% | -0.12% | -3.21% | |
| 26 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 1.14% | +0.03% | -0.15% | |
| 27 | AMGN | Amgen Inc | 股票-醫療保健 | 1.11% | -0.12% | -0.45% | |
| 28 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.07% | -0.07% | -2.92% | |
| 29 | MAR | Marriott International -cl A | 股票-循環性消費 | 1.07% | -0.02% | +0.78% | |
| 30 | AMAT | Applied Materials Inc | 股票-科技 | 1.06% | +1.23% | +3.76% | |
| 31 | INTU | Intuit Inc | 股票-科技 | 1.06% | -0.64% | +4.83% | |
| 32 | UNP | Union Pacific CORP | 股票-工業 | 1.03% | -0.02% | -3.78% | |
| 33 | GE | General Electric | 股票-工業 | 0.96% | +0.10% | +620.01% | |
| 34 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.96% | -0.48% | +1.45% | |
| 35 | IWB | Ishares Russell 1000 ETF | ETF-其他 | 0.93% | +0.03% | +0.36% | |
| 36 | MDT | Medtronic plc | 股票-醫療保健 | 0.93% | -0.23% | -1.89% | |
| 37 | AZO | Autozone Inc | 股票-循環性消費 | 0.90% | -0.16% | -27.66% | |
| 38 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.86% | -0.19% | -0.86% | |
| 39 | VLO | Valero Energy CORP | 股票-能源 | 0.83% | -0.10% | +1.16% | |
| 40 | XOM | Exxon Mobil CORP | 股票-能源 | 0.81% | -0.33% | -3.98% | |
| 41 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.81% | -0.16% | +2.41% | |
| 42 | GEM | Goldman Sachs Activebeta Em | ETF-避險與商品 | 0.77% | +0.28% | +10.87% | |
| 43 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.75% | -0.20% | +4.51% | |
| 44 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.72% | -0.08% | +1.95% | |
| 45 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 0.66% | +0.01% | -0.02% | |
| 46 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.60% | — | +1.50% | |
| 47 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.53% | -0.11% | -4.15% | |
| 48 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.53% | +0.05% | -2.62% | |
| 49 | DIA | Ss Spdr Dow Jones Indus Avg | ETF-大型股與成長 | 0.52% | -0.01% | — | |
| 50 | BCD | Abrdn Bloomberg All Commodit | ETF-其他 | 0.50% | +0.21% | +26.34% |
| # | 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 | +1.2% | -1.35% | 減碼 |
| 2 | GE | General Electric | +0.8% | +620.01% | 加碼 |
| 3 | LLY | Eli Lilly & Co | +0.4% | -1.63% | 減碼 |
| 4 | CAT | Caterpillar Inc | +0.2% | +1.58% | 加碼 |
| 5 | AMAT | Applied Materials Inc | +0.2% | +3.76% | 加碼 |
| 6 | GSSC | Goldman Sachs Activebeta US | +0.2% | +8.96% | 加碼 |
| 7 | GSIE | Goldman Sachs Activebeta Int | +0.2% | +6.58% | 加碼 |
| 8 | DUK | Duke Energy CORP | +0.2% | +182.61% | 加碼 |
| 9 | KLAC | Kla CORP | +0.2% | +2.53% | 加碼 |
| 10 | MAR | Marriott International -cl A | +0.1% | +0.78% | 加碼 |
| 11 | AAPL | Apple Inc | +0.1% | +0.10% | 加碼 |
| 12 | PLTR | Palantir Technologies Inc-a | +0.1% | +310.06% | 加碼 |
| 13 | AMGN | Amgen Inc | +0.1% | -0.45% | 減碼 |
| 14 | GOOG | Alphabet Inc-cl C | +0.1% | -2.62% | 減碼 |
| 15 | RTX | Rtx CORP | +0.1% | +76.83% | 加碼 |
| 16 | AAAU | Goldman Sachs Physical Gold | +0.1% | +1111.57% | 加碼 |
| 17 | FTEC | Fidelity Msci Info Tech Indx | +0.1% | +49.50% | 加碼 |
| 18 | WELL | Welltower Inc | +0.1% | +275.72% | 加碼 |
| 19 | JNJ | Johnson & Johnson | +0.1% | -1.72% | 減碼 |
| 20 | MRK | Merck & Co. Inc. | +0.1% | +14.41% | 加碼 |
| 21 | AMZN | Amazon.com Inc | +0.1% | +0.92% | 加碼 |
| 22 | AVGO | Broadcom Inc | +0.1% | +1.45% | 加碼 |
| 23 | KR | Kroger Co | +0.1% | +551.87% | 加碼 |
| 24 | MA | Mastercard Inc - A | +0.1% | +34.63% | 加碼 |
| 25 | GEM | Goldman Sachs Activebeta Em | +0.1% | +10.87% | 加碼 |
| 26 | AMT | American Tower CORP | +0.1% | +193.11% | 加碼 |
| 27 | RF | Regions Financial CORP | +0.1% | +2320.55% | 加碼 |
| 28 | WMT | Walmart Inc | 0% | -2.06% | 減碼 |
| 29 | NEE | Nextera Energy Inc | 0% | +2.41% | 加碼 |
| 30 | NVDA | Nvidia CORP | 0% | +6.12% | 加碼 |
| 31 | V | Visa Inc-class A Shares | 0% | +1.03% | 加碼 |
| 32 | SUB | Ishares Short-term National | -0.1% | -49.55% | 減碼 |
| 33 | PKG | Packaging CORP Of America | -0.1% | -40.61% | 減碼 |
| 34 | VZ | Verizon Communications Inc | -0.1% | +1.45% | 加碼 |
| 35 | PG | Procter & Gamble Co/the | -0.1% | -0.86% | 減碼 |
| 36 | UNP | Union Pacific CORP | -0.1% | -3.78% | 減碼 |
| 37 | UI | Ubiquiti Inc | -0.1% | -85.29% | 減碼 |
| 38 | SYK | Stryker CORP | -0.1% | -2.06% | 減碼 |
| 39 | LMT | Lockheed Martin CORP | -0.2% | -1.05% | 減碼 |
| 40 | LH | Labcorp Holdings Inc | -0.2% | +2.29% | 加碼 |
| 41 | COST | Costco Wholesale CORP | -0.2% | +0.67% | 加碼 |
| 42 | LIN | Linde plc | -0.2% | +1.47% | 加碼 |
| 43 | HD | Home Depot Inc | -0.3% | +2.68% | 加碼 |
| 44 | MSFT | Microsoft CORP | -0.5% | +0.02% | 加碼 |
| 45 | AZO | Autozone Inc | -0.8% | -27.66% | 減碼 |
| 46 | ROP | Roper Technologies Inc | -1% | -99.20% | 減碼 |
| 47 | GNTYUSD | Guaranty Bancshares Inc | — | EXIT | 清倉 |
| 48 | GBCI | Glacier Bancorp Inc | — | NEW | 新建倉 |
| 49 | GPIQ | Gs Nasdaq-100 Pr Inc Etf-usd | — | NEW | 新建倉 |
| 50 | TTC | Toro Co | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，American National Bank & Trust 在 Q4 2025 季度的美股持倉總市值約為 US$11.7億，共申報了 695 個公開持股部位。
在 Q4 2025 季度，American National Bank & Trust 按市值排列的前三大核心持股分別為：GOOGL (7.0%)、AAPL (5.1%)、MSFT (4.5%)。其中最大持股部位 GOOGL 佔據整體投資組合約 7.0% 的權重。
在 Q4 2025 季度中，American National Bank & Trust 共進行了 50 項持倉異動，包含新建倉 2 個部位、加碼 31 個部位、減碼 15 個部位以及清倉 2 個部位。 其中最大新建倉標的為 GBCI。 本季清倉部位包含 GNTYUSD。
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。
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。
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。