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: 0001905128
申報總市值
US$13.0億
US$13.0億
121 檔
12.1%
Q1 2025 季度申報顯示，American Trust 揭露的美股組合總市值為 US$13.0億，涵蓋 121 個不同之權益投資部位。
在 Q1 2025，American Trust 展現出較為審慎的避險與獲利了結姿態。本季共減碼 59 個部位並完全清倉 131 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 IJH, DGRO, JGRO）占據了總市值的 12.1%，展現出該機構在 Q1 2025 的重點資金聚焦與風險分佈特徵。
| # | 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 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 11.00% | +0.05% | +2.28% | |
| 2 | DGRO | Ishares Core Dividend Growth | ETF-其他 | 9.67% | -0.09% | -54.93% | |
| 3 | JGRO | Jpmorgan Active Growth ETF | ETF-其他 | 7.77% | +0.17% | -30.59% | |
| 4 | VB | Vanguard Small-cap ETF | ETF-其他 | 6.86% | +0.07% | -47.16% | |
| 5 | MSFT | Microsoft CORP | 股票-科技 | 3.27% | -0.11% | -15.79% | |
| 6 | AAPL | Apple Inc | 股票-科技 | 3.26% | -0.01% | -20.51% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.20% | -0.10% | -0.71% | |
| 8 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 1.66% | — | -21.61% | |
| 9 | CTAS | Cintas CORP | 股票-工業 | 1.51% | -0.07% | -1.44% | |
| 10 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.51% | — | -12.31% | |
| 11 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.48% | -0.14% | -13.59% | |
| 12 | V | Visa Inc-class A Shares | 股票-金融 | 1.44% | -0.03% | -17.63% | |
| 13 | MA | Mastercard Inc - A | 股票-金融 | 1.33% | -0.08% | -19.71% | |
| 14 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.33% | +0.03% | -4.39% | |
| 15 | TJX | Tjx Companies Inc | 股票-循環性消費 | 1.32% | -0.14% | -21.03% | |
| 16 | IWD | Ishares Russell 1000 Value E | ETF-其他 | 1.30% | +0.03% | +95.04% | |
| 17 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.27% | -0.05% | -4.79% | |
| 18 | NVDA | Nvidia CORP | 股票-科技 | 1.22% | +0.02% | -22.01% | |
| 19 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.15% | — | -21.21% | |
| 20 | ACN | Accenture plc | 股票-科技 | 1.08% | -0.08% | -20.87% | |
| 21 | KLAC | Kla CORP | 股票-科技 | 1.07% | +0.21% | -1.83% | |
| 22 | SDY | Ss Spdr S&p Dividend ETF | ETF-其他 | 1.05% | -0.01% | -9.04% | |
| 23 | HD | Home Depot Inc | 股票-循環性消費 | 1.01% | -0.04% | +4.62% | |
| 24 | DE | Deere & Co | 股票-工業 | 1.01% | -0.04% | -1.95% | |
| 25 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.01% | -0.08% | +0.30% | |
| 26 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 0.97% | -0.05% | -26.24% | |
| 27 | EOG | Eog Resources Inc | 股票-能源 | 0.95% | -0.10% | +0.70% | |
| 28 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.93% | -0.09% | -19.09% | |
| 29 | HON | Honeywell International Inc | 股票-工業 | 0.91% | -0.28% | EXIT | |
| 30 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.90% | -0.03% | -8.59% | |
| 31 | SYK | Stryker CORP | 股票-醫療保健 | 0.89% | -0.06% | -24.77% | |
| 32 | PAYX | Paychex Inc | 股票-科技 | 0.87% | — | -5.11% | |
| 33 | APH | Amphenol Corp-cl A | 股票-科技 | 0.84% | -0.04% | -0.57% | |
| 34 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.83% | -0.07% | +2.45% | |
| 35 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 0.81% | -0.48% | -86.84% | |
| 36 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.80% | +0.09% | -26.09% | |
| 37 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.78% | -0.04% | -27.45% | |
| 38 | CMI | Cummins Inc | 股票-工業 | 0.77% | +0.03% | -0.67% | |
| 39 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.77% | -0.09% | -2.19% | |
| 40 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.71% | -0.04% | -27.02% | |
| 41 | TXN | Texas Instruments Inc | 股票-科技 | 0.71% | -0.02% | -31.80% | |
| 42 | EFA | Ishares Msci Eafe ETF | ETF-其他 | 0.70% | — | +1073.24% | |
| 43 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.69% | -0.16% | EXIT | |
| 44 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.68% | -0.04% | +44.60% | |
| 45 | PH | Parker Hannifin CORP | 股票-工業 | 0.65% | -0.04% | +718.46% | |
| 46 | BR | Broadridge Financial Solutio | 股票-科技 | 0.64% | -0.03% | +0.66% | |
| 47 | BLK | Blackrock Inc | 股票-金融 | 0.62% | -0.05% | -21.78% | |
| 48 | CNQ | Canadian Natural Resources | 股票-能源 | 0.62% | -0.11% | +29.29% | |
| 49 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.61% | -0.13% | EXIT | |
| 50 | DOV | Dover CORP | 股票-工業 | 0.61% | -0.03% | +0.66% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | IJH | Ishares Core S&p Midcap ETF | +7.5% | +2.28% | 加碼 |
| 2 | JGRO | Jpmorgan Active Growth ETF | +4% | -30.59% | 減碼 |
| 3 | DGRO | Ishares Core Dividend Growth | +3.1% | -54.93% | 減碼 |
| 4 | VB | Vanguard Small-cap ETF | +2.5% | -47.16% | 減碼 |
| 5 | MSFT | Microsoft CORP | +1.9% | -15.79% | 減碼 |
| 6 | AAPL | Apple Inc | +1.8% | -20.51% | 減碼 |
| 7 | IWD | Ishares Russell 1000 Value E | +1.1% | +95.04% | 加碼 |
| 8 | CTAS | Cintas CORP | +1.1% | -1.44% | 減碼 |
| 9 | UNH | Unitedhealth Group Inc | +1% | -12.31% | 減碼 |
| 10 | COST | Costco Wholesale CORP | +1% | -13.59% | 減碼 |
| 11 | V | Visa Inc-class A Shares | +1% | -17.63% | 減碼 |
| 12 | IWF | Ishares Russell 1000 Growth | +0.9% | -21.61% | 減碼 |
| 13 | JNJ | Johnson & Johnson | +0.9% | -4.79% | 減碼 |
| 14 | MA | Mastercard Inc - A | +0.8% | -19.71% | 減碼 |
| 15 | TSM | Taiwan Semiconductor-sp Adr | +0.8% | -4.39% | 減碼 |
| 16 | TJX | Tjx Companies Inc | +0.8% | -21.03% | 減碼 |
| 17 | ABT | Abbott Laboratories | +0.8% | +0.30% | 加碼 |
| 18 | DE | Deere & Co | +0.7% | -1.95% | 減碼 |
| 19 | SDY | Ss Spdr S&p Dividend ETF | +0.7% | -9.04% | 減碼 |
| 20 | EFA | Ishares Msci Eafe ETF | +0.7% | +1073.24% | 加碼 |
| 21 | AMZN | Amazon.com Inc | +0.6% | -21.21% | 減碼 |
| 22 | NVDA | Nvidia CORP | +0.6% | -22.01% | 減碼 |
| 23 | PH | Parker Hannifin CORP | +0.6% | +718.46% | 加碼 |
| 24 | MRSH | Marsh & Mclennan Cos | +0.6% | -26.24% | 減碼 |
| 25 | ACN | Accenture plc | +0.6% | -20.87% | 減碼 |
| 26 | PEP | Pepsico Inc | +0.6% | -19.09% | 減碼 |
| 27 | SYK | Stryker CORP | +0.5% | -24.77% | 減碼 |
| 28 | TMO | Thermo Fisher Scientific Inc | +0.5% | +44.60% | 加碼 |
| 29 | CMI | Cummins Inc | +0.5% | -0.67% | 減碼 |
| 30 | DG | Dollar General CORP | +0.5% | +69.79% | 加碼 |
| 31 | CNQ | Canadian Natural Resources | +0.5% | +29.29% | 加碼 |
| 32 | HON | Honeywell International Inc | +0.5% | -33.16% | 減碼 |
| 33 | PG | Procter & Gamble Co/the | +0.5% | -27.45% | 減碼 |
| 34 | META | Meta Platforms Inc-class A | +0.4% | -27.02% | 減碼 |
| 35 | GOOGL | Alphabet Inc-cl A | +0.4% | -26.09% | 減碼 |
| 36 | TSCO | Tractor Supply Company | +0.4% | NEW | 新建倉 |
| 37 | CMCSA | Comcast Corp-class A | +0.4% | -14.73% | 減碼 |
| 38 | TXN | Texas Instruments Inc | +0.4% | -31.80% | 減碼 |
| 39 | BLK | Blackrock Inc | +0.4% | -21.78% | 減碼 |
| 40 | DHI | Dr Horton Inc | +0.4% | -5.52% | 減碼 |
| 41 | NKE | Nike Inc -cl B | +0.2% | -30.69% | 減碼 |
| 42 | VTI | Vanguard Total Stock Mkt ETF | +0.2% | -49.09% | 減碼 |
| 43 | JBHT | Hunt (jb) Transprt Svcs Inc | +0.2% | -28.08% | 減碼 |
| 44 | BND | Vanguard Total Bond Market | +0.1% | -47.32% | 減碼 |
| 45 | IJJ | Ishares S&p Mid-cap 400 Valu | +0.1% | -32.64% | 減碼 |
| 46 | RACE | Ferrari N.V. | +0.1% | -30.80% | 減碼 |
| 47 | ANET | Arista Networks Inc | +0.1% | -30.69% | 減碼 |
| 48 | SONY | Sony Group CORP - Sp Adr | +0.1% | NEW | 新建倉 |
| 49 | PGR | Progressive CORP | +0.1% | -48.98% | 減碼 |
| 50 | IWP | Ishares Russell Mid-cap Grow | +0.1% | -56.77% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，American Trust 在 Q1 2025 季度的美股持倉總市值約為 US$13.0億，共申報了 121 個公開持股部位。
在 Q1 2025 季度，American Trust 按市值排列的前三大核心持股分別為：IJH (11.0%)、DGRO (9.7%)、JGRO (7.8%)。其中最大持股部位 IJH 佔據整體投資組合約 11.0% 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
TSCO
市值: US$158.9萬
本季最大獲利了結 / 清倉標的
BIV
前期市值: US$6923.7萬
在 Q1 2025 季度中，American Trust 共進行了 200 項持倉異動，包含新建倉 2 個部位、加碼 8 個部位、減碼 59 個部位以及清倉 131 個部位。 其中最大新建倉標的為 TSCO。 本季清倉部位包含 BIV。
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。