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: 0001535452
申報總市值
US$83.9億
US$83.9億
402 檔
16.2%
截至 Q4 2025 季度末，Andra AP-fonden 的美股持倉估值約為 US$83.9億，全數申報部位共有 402 檔。
Q4 2025 的申報記錄反映 Andra AP-fonden 的板塊替換策略：機構本季推動了 26 筆增持與 24 筆減持，籌碼呈現明顯的結構重組。
整體而言，Andra AP-fonden 的前 5 大持股（包含 NVDA, AAPL, MSFT）貢獻了組合市值的 16.2%，形成該機構在 Q4 2025 季度的基本面基石。
僅顯示前 200 大持股（共 402 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 | NVDA | Nvidia CORP | 股票-科技 | 4.82% | +2.50% | +90.27% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 4.24% | +2.35% | +63.14% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 3.36% | +1.20% | +354.58% | |
| 4 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.31% | +1.14% | +286.73% | |
| 5 | QCOM | Qualcomm Inc | 股票-科技 | 2.08% | -1.67% | -33.34% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.71% | +1.22% | +281.78% | |
| 7 | AVGO | Broadcom Inc | 股票-科技 | 1.40% | +1.00% | +99.87% | |
| 8 | KLAC | Kla CORP | 股票-科技 | 1.39% | -1.17% | -44.97% | |
| 9 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.17% | +1.04% | +214.06% | |
| 10 | ULTA | Ulta Beauty Inc | 股票-循環性消費 | 1.16% | -0.99% | -32.44% | |
| 11 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.11% | +0.29% | +94.46% | |
| 12 | AMAT | Applied Materials Inc | 股票-科技 | 0.99% | -0.61% | -39.28% | |
| 13 | LRCX | Lam Research CORP | 股票-科技 | 0.98% | -0.52% | -63.49% | |
| 14 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.97% | +1.49% | +113.45% | |
| 15 | JPM | Jpmorgan Chase & Co | 股票-金融 | 0.96% | +0.38% | +123.77% | |
| 16 | V | Visa Inc-class A Shares | 股票-金融 | 0.90% | -0.08% | +20.69% | |
| 17 | MA | Mastercard Inc - A | 股票-金融 | 0.89% | -0.06% | +8.30% | |
| 18 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.87% | +0.29% | +69.69% | |
| 19 | APP | Applovin Corp-class A | 股票-科技 | 0.87% | -0.56% | -58.60% | |
| 20 | PLTR | Palantir Technologies Inc-a | 股票-科技 | 0.85% | -0.14% | +46.14% | |
| 21 | NXPI | NXP Semiconductors N.V. | 股票-科技 | 0.84% | -0.68% | +4.30% | |
| 22 | NTAP | Netapp Inc | 股票-科技 | 0.80% | -0.75% | -28.78% | |
| 23 | NFLX | Netflix Inc | 股票-通訊服務 | 0.77% | -0.21% | +2138.08% | |
| 24 | GILD | Gilead Sciences Inc | 股票-醫療保健 | 0.73% | -0.36% | -19.20% | |
| 25 | MICC | The Magnum Ice Cream Company N. | 股票-非循環性消費 | 0.71% | -0.71% | EXIT | |
| 26 | EA | Electronic Arts Inc | 股票-通訊服務 | 0.67% | -0.45% | -0.22% | |
| 27 | KGC | Kinross Gold CORP | 股票-原物料 | 0.66% | -0.26% | -10.00% | |
| 28 | MU | Micron Technology Inc | 股票-科技 | 0.65% | +0.17% | -46.18% | |
| 29 | PINS | Pinterest Inc- Class A | 股票-通訊服務 | 0.61% | -0.61% | EXIT | |
| 30 | FOX | Fox CORP - Class B | 股票-通訊服務 | 0.60% | -0.45% | -32.15% | |
| 31 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.58% | -0.10% | -8.58% | |
| 32 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.56% | -0.04% | -21.36% | |
| 33 | ABBV | Abbvie Inc | 股票-醫療保健 | 0.56% | +0.18% | +83.45% | |
| 34 | WDC | Western Digital CORP | 股票-科技 | 0.55% | -0.29% | -5.53% | |
| 35 | TXN | Texas Instruments Inc | 股票-科技 | 0.55% | -0.26% | +118.34% | |
| 36 | INTU | Intuit Inc | 股票-科技 | 0.54% | -0.28% | +92.01% | |
| 37 | WSM | Williams-sonoma Inc | 股票-循環性消費 | 0.53% | -0.46% | — | |
| 38 | COF | Capital One Financial CORP | 股票-金融 | 0.52% | -0.29% | -11.82% | |
| 39 | ADBE | Adobe Inc | 股票-科技 | 0.51% | -0.33% | -17.07% | |
| 40 | FAST | Fastenal Co | 股票-工業 | 0.51% | -0.25% | +4.39% | |
| 41 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.50% | -0.25% | +1.98% | |
| 42 | TER | Teradyne Inc | 股票-科技 | 0.50% | -0.31% | -46.32% | |
| 43 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.49% | -0.23% | -35.55% | |
| 44 | INCY | Incyte CORP | 股票-醫療保健 | 0.48% | -0.19% | -13.96% | |
| 45 | CTSH | Cognizant Tech Solutions-a | 股票-科技 | 0.47% | -0.36% | -35.39% | |
| 46 | ON | On Semiconductor | 股票-科技 | 0.46% | -0.46% | EXIT | |
| 47 | WFC | Wells Fargo & Co | 股票-金融 | 0.45% | -0.03% | +1.05% | |
| 48 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.45% | -0.21% | -42.09% | |
| 49 | ACN | Accenture plc | 股票-科技 | 0.45% | -0.30% | -28.05% | |
| 50 | CSCO | Cisco Systems Inc | 股票-科技 | 0.44% | +0.09% | -12.80% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +2.5% | +354.58% | 加碼 |
| 2 | NVDA | Nvidia CORP | +2.2% | +90.27% | 加碼 |
| 3 | AAPL | Apple Inc | +1.7% | +63.14% | 加碼 |
| 4 | AMZN | Amazon.com Inc | +1.7% | +286.73% | 加碼 |
| 5 | GOOGL | Alphabet Inc-cl A | +1.4% | +281.78% | 加碼 |
| 6 | META | Meta Platforms Inc-class A | +0.7% | +214.06% | 加碼 |
| 7 | AVGO | Broadcom Inc | +0.7% | +99.87% | 加碼 |
| 8 | LLY | Eli Lilly & Co | +0.7% | +94.46% | 加碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.6% | +113.45% | 加碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.5% | +123.77% | 加碼 |
| 11 | JNJ | Johnson & Johnson | +0.4% | +69.69% | 加碼 |
| 12 | CRDO | Credo Technology Group Holding Ltd | +0.4% | +785.71% | 加碼 |
| 13 | BKNG | Booking Holdings Inc | +0.3% | +383.85% | 加碼 |
| 14 | DIS | Walt Disney Co/the | +0.3% | +363.45% | 加碼 |
| 15 | NFLX | Netflix Inc | +0.3% | +2138.08% | 加碼 |
| 16 | TXN | Texas Instruments Inc | +0.3% | +118.34% | 加碼 |
| 17 | PLTR | Palantir Technologies Inc-a | +0.2% | +46.14% | 加碼 |
| 18 | ABBV | Abbvie Inc | +0.2% | +83.45% | 加碼 |
| 19 | INTU | Intuit Inc | +0.2% | +92.01% | 加碼 |
| 20 | NOW | Servicenow Inc | +0.2% | +1292.84% | 加碼 |
| 21 | AMD | Advanced Micro Devices | +0.2% | +703.97% | 加碼 |
| 22 | PAYX | Paychex Inc | -0.2% | -92.06% | 減碼 |
| 23 | UNP | Union Pacific CORP | -0.3% | -87.58% | 減碼 |
| 24 | SE | Sea Ltd-adr | -0.3% | -75.47% | 減碼 |
| 25 | FISV | Fiserv Inc | -0.3% | -39.93% | 減碼 |
| 26 | HPQ | Hp Inc | -0.3% | -37.77% | 減碼 |
| 27 | TMUS | T-mobile US Inc | -0.3% | -77.22% | 減碼 |
| 28 | WAT | Waters CORP | -0.3% | -74.51% | 減碼 |
| 29 | HPE | Hewlett Packard Enterprise | -0.3% | -97.40% | 減碼 |
| 30 | GEN | Gen Digital Inc | -0.3% | -53.48% | 減碼 |
| 31 | GDDY | Godaddy Inc - Class A | -0.3% | -42.06% | 減碼 |
| 32 | VZ | Verizon Communications Inc | -0.3% | -39.48% | 減碼 |
| 33 | LOW | Lowe's Cos Inc | -0.3% | -35.55% | 減碼 |
| 34 | AMAT | Applied Materials Inc | -0.4% | -39.28% | 減碼 |
| 35 | ULTA | Ulta Beauty Inc | -0.4% | -32.44% | 減碼 |
| 36 | NTAP | Netapp Inc | -0.5% | -28.78% | 減碼 |
| 37 | MPWR | Monolithic Power Systems Inc | -0.5% | -88.99% | 減碼 |
| 38 | DELL | Dell Technologies -c | -0.6% | -89.69% | 減碼 |
| 39 | FOXA | Fox CORP - Class A | -0.7% | -91.51% | 減碼 |
| 40 | KLAC | Kla CORP | -0.9% | -44.97% | 減碼 |
| 41 | QCOM | Qualcomm Inc | -1.1% | -33.34% | 減碼 |
| 42 | LRCX | Lam Research CORP | -1.2% | -63.49% | 減碼 |
| 43 | APP | Applovin Corp-class A | -1.4% | -58.60% | 減碼 |
| 44 | MICC | The Magnum Ice Cream Company N. | — | NEW | 新建倉 |
| 45 | WSM | Williams-sonoma Inc | — | NEW | 新建倉 |
| 46 | DVA | Davita Inc | — | EXIT | 清倉 |
| 47 | SYF | Synchrony Financial | — | NEW | 新建倉 |
| 48 | KEL | Kellanova | — | EXIT | 清倉 |
| 49 | PANW | Palo Alto Networks Inc | — | NEW | 新建倉 |
| 50 | LIN | Linde plc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Andra AP-fonden 在 Q4 2025 季度的美股持倉總市值約為 US$83.9億，共申報了 402 個公開持股部位。
在 Q4 2025 季度，Andra AP-fonden 按市值排列的前三大核心持股分別為：NVDA (4.8%)、AAPL (4.2%)、MSFT (3.4%)。其中最大持股部位 NVDA 佔據整體投資組合約 4.8% 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
MICC
市值: US$5767.6萬
本季最大獲利了結 / 清倉標的
DVA
前期市值: US$3143.5萬
在 Q4 2025 季度中，Andra AP-fonden 共進行了 50 項持倉異動，包含新建倉 5 個部位、加碼 21 個部位、減碼 22 個部位以及清倉 2 個部位。 其中最大新建倉標的為 MICC。 本季清倉部位包含 DVA。
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。