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
302 檔
32.2%
根據最新整理的 13F 季度數據集，American Trust 於 Q2 2025 結束時的管理資產規模為 US$13.0億。該機構在本季度申報了 302 檔美股持倉，呈現出該時期的主要投資地圖。
在 Q2 2025，American Trust 操作展現出積極擴展與加碼意向。本季共新建倉 135 個新部位，並對 52 個既有持股進行加碼（合計增持 187 檔），相較減碼與清倉部位顯著佔優。
整體而言，American Trust 的前 5 大持股（包含 VOO, BIV, DGRO）貢獻了組合市值的 32.2%，形成該機構在 Q2 2025 季度的基本面基石。
本季最大新建倉標的
BIV
市值: US$8205.8萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$610.5萬
僅顯示前 200 大持股（共 302 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 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 17.30% | -0.33% | +55163.25% | |
| 2 | BIV | Vanguard Intermediate-term B | ETF-其他 | 7.73% | -1.28% | — | |
| 3 | DGRO | Ishares Core Dividend Growth | ETF-其他 | 5.53% | -0.09% | +44.48% | |
| 4 | IJH | Ishares Core S&p Midcap ETF | ETF-其他 | 4.57% | +0.05% | +2.36% | |
| 5 | VB | Vanguard Small-cap ETF | ETF-其他 | 4.26% | +0.07% | +51.85% | |
| 6 | MGK | Vanguard Mega Cap Growth ETF | ETF-其他 | 3.91% | +0.01% | — | |
| 7 | JGRO | Jpmorgan Active Growth ETF | ETF-其他 | 3.69% | +0.17% | +6.56% | |
| 8 | VO | Vanguard Mid-cap ETF | ETF-其他 | 3.14% | -0.10% | — | |
| 9 | VEA | Vanguard Ftse Developed ETF | ETF-其他 | 2.55% | -0.13% | +1029.90% | |
| 10 | JPST | Jpmorgan Ultra-short Income | ETF-其他 | 2.47% | -0.48% | +697.49% | |
| 11 | QQQ | Invesco Qqq Trust Series 1 | ETF-科技型 | 2.23% | +0.26% | +7093.80% | |
| 12 | MSFT | Microsoft CORP | 股票-科技 | 1.79% | -0.11% | +7.98% | |
| 13 | AAPL | Apple Inc | 股票-科技 | 1.38% | -0.01% | +19.66% | |
| 14 | FNDX | Schwab Fndmntl US Lrg Co ETF | ETF-其他 | 1.11% | -0.08% | — | |
| 15 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.02% | -0.10% | +2.50% | |
| 16 | VWO | Vanguard Ftse Emerging Marke | ETF-新興市場 | 0.98% | -0.04% | — | |
| 17 | NVDA | Nvidia CORP | 股票-科技 | 0.87% | +0.02% | +27.97% | |
| 18 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.81% | — | +8.63% | |
| 19 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 0.73% | +0.03% | +270.08% | |
| 20 | IMCG | Ishares Morningstar Mid-cap | ETF-其他 | 0.70% | — | — | |
| 21 | CTAS | Cintas CORP | 股票-工業 | 0.65% | -0.07% | +2.92% | |
| 22 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.64% | — | +26.66% | |
| 23 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.63% | -0.14% | +6.34% | |
| 24 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.61% | +0.03% | -12.72% | |
| 25 | IVV | Ishares Core S&p 500 ETF | ETF-大型股與成長 | 0.60% | +0.03% | +1491.73% | |
| 26 | V | Visa Inc-class A Shares | 股票-金融 | 0.58% | -0.03% | +4.81% | |
| 27 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.56% | -0.14% | +10.34% | |
| 28 | VIGI | Vanguard Int Div App Indx Fd | ETF-其他 | 0.54% | — | — | |
| 29 | MA | Mastercard Inc - A | 股票-金融 | 0.54% | -0.08% | +3.10% | |
| 30 | APH | Amphenol Corp-cl A | 股票-科技 | 0.50% | -0.04% | +2.40% | |
| 31 | KLAC | Kla CORP | 股票-科技 | 0.49% | +0.21% | -9.06% | |
| 32 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.47% | -0.05% | +6.02% | |
| 33 | USHY | Ishares Broad Usd High Yield | ETF-非投資等級債 | 0.46% | -0.05% | — | |
| 34 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.45% | +0.08% | +147.05% | |
| 35 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 0.45% | +0.01% | +84.79% | |
| 36 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 0.44% | -0.04% | +26.80% | |
| 37 | AOM | Ishares Core 40/60 Moderate | ETF-其他 | 0.43% | +0.12% | — | |
| 38 | JMEE | JPM Sma & Mid Cap En Eq Et-u | ETF-其他 | 0.42% | -0.02% | — | |
| 39 | DE | Deere & Co | 股票-工業 | 0.42% | -0.04% | +1.03% | |
| 40 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.42% | -0.03% | +36.76% | |
| 41 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 0.41% | +0.09% | +18.19% | |
| 42 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.40% | -0.08% | +1.33% | |
| 43 | ACN | Accenture plc | 股票-科技 | 0.39% | -0.08% | -1.80% | |
| 44 | HD | Home Depot Inc | 股票-循環性消費 | 0.39% | -0.04% | -0.56% | |
| 45 | SCHW | Schwab (charles) CORP | 股票-金融 | 0.39% | -0.07% | +4.69% | |
| 46 | SDY | Ss Spdr S&p Dividend ETF | ETF-其他 | 0.38% | -0.01% | -4.61% | |
| 47 | HON | Honeywell International Inc | 股票-工業 | 0.38% | -0.28% | EXIT | |
| 48 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-大型股與成長 | 0.38% | +0.02% | — | |
| 49 | IAU | Ishares Gold Trust | ETF-避險與商品 | 0.37% | -0.12% | — | |
| 50 | SYK | Stryker CORP | 股票-醫療保健 | 0.37% | -0.06% | +1.99% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | VOO | Vanguard S&p 500 ETF | +17.2% | +55163.25% | 加碼 |
| 2 | QQQ | Invesco Qqq Trust Series 1 | +2.2% | +7093.80% | 加碼 |
| 3 | VEA | Vanguard Ftse Developed ETF | +2% | +1029.90% | 加碼 |
| 4 | JPST | Jpmorgan Ultra-short Income | +1.7% | +697.49% | 加碼 |
| 5 | IVV | Ishares Core S&p 500 ETF | +0.5% | +1491.73% | 加碼 |
| 6 | SPY | Ss Spdr S&p 500 ETF Trust-us | +0.3% | +270.08% | 加碼 |
| 7 | QUAL | Ishares Msci USA Quality Fac | +0.1% | +538.73% | 加碼 |
| 8 | JEPI | Jpmorgan Equity Premium Inco | +0.1% | +258.29% | 加碼 |
| 9 | JEPQ | JPM Nasdaq Equity Premium | +0.1% | +260.81% | 加碼 |
| 10 | GLD | Spdr Gold Shares | +0.1% | +445.66% | 加碼 |
| 11 | IEMG | Ishares Core Msci Emerging | +0.1% | +244.42% | 加碼 |
| 12 | IEFA | Ishares Core Msci Eafe ETF | 0% | +302.40% | 加碼 |
| 13 | AVGO | Broadcom Inc | 0% | +72.10% | 加碼 |
| 14 | IWS | Ishares Russell Mid-cap Valu | 0% | +169.59% | 加碼 |
| 15 | IWP | Ishares Russell Mid-cap Grow | 0% | +120.06% | 加碼 |
| 16 | GOOG | Alphabet Inc-cl C | 0% | +106.75% | 加碼 |
| 17 | TSLA | Tesla Inc | 0% | +57.94% | 加碼 |
| 18 | LLY | Eli Lilly & Co | -0.1% | +147.05% | 加碼 |
| 19 | PGR | Progressive CORP | -0.1% | +88.48% | 加碼 |
| 20 | ANET | Arista Networks Inc | -0.1% | +49.64% | 加碼 |
| 21 | IDXX | Idexx Laboratories Inc | -0.1% | +18.97% | 加碼 |
| 22 | RACE | Ferrari N.V. | -0.1% | +31.17% | 加碼 |
| 23 | ASML | ASML Holding N.V. | -0.1% | +11.82% | 加碼 |
| 24 | IJJ | Ishares S&p Mid-cap 400 Valu | -0.1% | +43.29% | 加碼 |
| 25 | VTI | Vanguard Total Stock Mkt ETF | -0.1% | +84.79% | 加碼 |
| 26 | SPGI | S&p Global Inc | -0.2% | +24.13% | 加碼 |
| 27 | META | Meta Platforms Inc-class A | -0.3% | +26.80% | 加碼 |
| 28 | DG | Dollar General CORP | -0.3% | -1.33% | 減碼 |
| 29 | APH | Amphenol Corp-cl A | -0.3% | +2.40% | 加碼 |
| 30 | NVDA | Nvidia CORP | -0.4% | +27.97% | 加碼 |
| 31 | BLK | Blackrock Inc | -0.4% | +0.98% | 加碼 |
| 32 | PH | Parker Hannifin CORP | -0.4% | -0.67% | 減碼 |
| 33 | GOOGL | Alphabet Inc-cl A | -0.4% | +18.19% | 加碼 |
| 34 | TXN | Texas Instruments Inc | -0.4% | +3.75% | 加碼 |
| 35 | SCHW | Schwab (charles) CORP | -0.4% | +4.69% | 加碼 |
| 36 | TMO | Thermo Fisher Scientific Inc | -0.5% | +1.67% | 加碼 |
| 37 | ABBV | Abbvie Inc | -0.5% | +36.76% | 加碼 |
| 38 | AMZN | Amazon.com Inc | -0.5% | +26.66% | 加碼 |
| 39 | SYK | Stryker CORP | -0.5% | +1.99% | 加碼 |
| 40 | HON | Honeywell International Inc | -0.5% | -0.60% | 減碼 |
| 41 | KLAC | Kla CORP | -0.6% | -9.06% | 減碼 |
| 42 | DE | Deere & Co | -0.6% | +1.03% | 加碼 |
| 43 | PEP | Pepsico Inc | -0.6% | +3.69% | 加碼 |
| 44 | MRSH | Marsh & Mclennan Cos | -0.6% | -0.12% | 減碼 |
| 45 | EFA | Ishares Msci Eafe ETF | -0.7% | -93.25% | 減碼 |
| 46 | ACN | Accenture plc | -0.7% | -1.80% | 減碼 |
| 47 | TSM | Taiwan Semiconductor-sp Adr | -0.7% | -12.72% | 減碼 |
| 48 | TJX | Tjx Companies Inc | -0.8% | +10.34% | 加碼 |
| 49 | MA | Mastercard Inc - A | -0.8% | +3.10% | 加碼 |
| 50 | IWF | Ishares Russell 1000 Growth | -0.9% | +8.63% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，American Trust 在 Q2 2025 季度的美股持倉總市值約為 US$13.0億，共申報了 302 個公開持股部位。
在 Q2 2025 季度，American Trust 按市值排列的前三大核心持股分別為：VOO (17.3%)、BIV (7.7%)、DGRO (5.5%)。其中最大持股部位 VOO 佔據整體投資組合約 17.3% 的權重。
在 Q2 2025 季度中，American Trust 共進行了 200 項持倉異動，包含新建倉 135 個部位、加碼 52 個部位、減碼 9 個部位以及清倉 4 個部位。 其中最大新建倉標的為 BIV。 本季清倉部位包含 UNH。
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。
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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。