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: 0001965393
申報總市值
US$2.5億
US$2.5億
91 檔
19.5%
截至 Q4 2025 季度末，Applied Capital LLC/FL 的美股持倉估值約為 US$2.5億，全數申報部位共有 91 檔。
在 Q4 2025，Applied Capital LLC/FL 操作展現出積極擴展與加碼意向。本季共新建倉 9 個新部位，並對 30 個既有持股進行加碼（合計增持 39 檔），相較減碼與清倉部位顯著佔優。
整體而言，Applied Capital LLC/FL 的前 5 大持股（包含 SPY, GOOG, MSFT）貢獻了組合市值的 19.5%，形成該機構在 Q4 2025 季度的基本面基石。
| # | 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 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 13.53% | +4.12% | +0.30% | |
| 2 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 5.17% | +0.20% | +8.74% | |
| 3 | MSFT | Microsoft CORP | 股票-科技 | 3.74% | -0.28% | +3.71% | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.23% | -0.28% | +9.84% | |
| 5 | TRV | Travelers Cos Inc/the | 股票-金融 | 2.77% | -0.05% | -0.01% | |
| 6 | PAG | Penske Automotive Group Inc | 股票-循環性消費 | 2.52% | +0.08% | +9.07% | |
| 7 | CAT | Caterpillar Inc | 股票-工業 | 2.46% | — | -38.97% | |
| 8 | MA | Mastercard Inc - A | 股票-金融 | 2.05% | -0.16% | +0.28% | |
| 9 | AXP | American Express Co | 股票-金融 | 2.02% | -0.05% | +0.33% | |
| 10 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.97% | -0.06% | +0.17% | |
| 11 | V | Visa Inc-class A Shares | 股票-金融 | 1.97% | -0.01% | +0.15% | |
| 12 | NDAQ | Nasdaq Inc | 股票-金融 | 1.83% | -0.25% | +0.16% | |
| 13 | MCO | Moody's CORP | 股票-金融 | 1.76% | -0.13% | +0.05% | |
| 14 | PM | Philip Morris International | 股票-非循環性消費 | 1.75% | -0.08% | +2.87% | |
| 15 | WFC | Wells Fargo & Co | 股票-金融 | 1.72% | -0.14% | — | |
| 16 | RY | Royal Bank Of Canada | 股票-金融 | 1.71% | +0.12% | +0.32% | |
| 17 | PCAR | Paccar Inc | 股票-工業 | 1.67% | -0.14% | +0.99% | |
| 18 | EPD | Enterprise Products Partners | 股票-能源 | 1.48% | -0.19% | +15.86% | |
| 19 | WSO | Watsco Inc | 股票-工業 | 1.48% | -0.02% | +5.91% | |
| 20 | JNJ | Johnson & Johnson | 股票-醫療保健 | 1.44% | -0.14% | — | |
| 21 | TD | Toronto-dominion Bank | 股票-金融 | 1.34% | +0.12% | +1.18% | |
| 22 | ORI | Old Republic Intl CORP | 股票-金融 | 1.33% | -0.09% | +31.41% | |
| 23 | WRB | Wr Berkley CORP | 股票-金融 | 1.23% | -0.08% | +0.95% | |
| 24 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 1.21% | +0.27% | +14.65% | |
| 25 | ITW | Illinois Tool Works | 股票-工業 | 1.19% | -0.10% | +0.22% | |
| 26 | MPLX | Mplx LP | 股票-能源 | 1.14% | -0.04% | +62.74% | |
| 27 | CINF | Cincinnati Financial CORP | 股票-金融 | 1.12% | +0.01% | +0.02% | |
| 28 | FITB | Fifth Third Bancorp | 股票-金融 | 1.12% | +0.02% | +0.10% | |
| 29 | FERG | Ferguson Enterprises Inc | 股票-工業 | 1.07% | -0.11% | — | |
| 30 | BA | Boeing Co/the | 股票-工業 | 1.04% | -0.06% | -0.25% | |
| 31 | CME | Cme Group Inc | 股票-金融 | 1.02% | -0.28% | +4.50% | |
| 32 | MO | Altria Group Inc | 股票-非循環性消費 | 0.99% | -0.06% | +5.01% | |
| 33 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.98% | -0.10% | +0.43% | |
| 34 | USB | US Bancorp | 股票-金融 | 0.97% | — | +0.21% | |
| 35 | RTX | Rtx CORP | 股票-工業 | 0.97% | -0.14% | -0.03% | |
| 36 | GPC | Genuine Parts Co | 股票-循環性消費 | 0.96% | -0.02% | +1.75% | |
| 37 | ENB | Enbridge Inc | 股票-能源 | 0.93% | -0.11% | +1.38% | |
| 38 | TFC | Truist Financial CORP | 股票-金融 | 0.92% | -0.05% | +0.42% | |
| 39 | AMZN | Amazon.com Inc | 股票-循環性消費 | 0.90% | — | +374.58% | |
| 40 | MMM | 3m Co | 股票-工業 | 0.86% | -0.03% | — | |
| 41 | FNF | Fidelity National Financial | 股票-金融 | 0.85% | -0.05% | +1.65% | |
| 42 | O | Realty Income CORP | 股票-房地產 | 0.85% | -0.09% | +13.46% | |
| 43 | GD | General Dynamics CORP | 股票-工業 | 0.83% | -0.07% | — | |
| 44 | CCI | Crown Castle Inc | 股票-房地產 | 0.80% | -0.11% | +0.87% | |
| 45 | CB | Chubb Limited | 股票-金融 | 0.80% | -0.07% | +0.23% | |
| 46 | BTI | British American Tob-sp Adr | 股票-非循環性消費 | 0.80% | -0.06% | +2.66% | |
| 47 | CRH | CRH plc | 股票-原物料 | 0.78% | -0.06% | — | |
| 48 | AGM | Federal Agric Mtg Corp-cl C | 股票-其他 | 0.78% | +0.11% | +12.76% | |
| 49 | LHX | L3harris Technologies Inc | 股票-工業 | 0.76% | -0.19% | -0.23% | |
| 50 | ADP | Automatic Data Processing | 股票-科技 | 0.76% | -0.03% | +2.01% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOG | Alphabet Inc-cl C | +1.3% | +8.74% | 加碼 |
| 2 | AMZN | Amazon.com Inc | +0.7% | +374.58% | 加碼 |
| 3 | MPLX | Mplx LP | +0.5% | +62.74% | 加碼 |
| 4 | ORI | Old Republic Intl CORP | +0.4% | +31.41% | 加碼 |
| 5 | CASY | Casey's General Stores Inc | +0.3% | +151.75% | 加碼 |
| 6 | MUSA | Murphy USA Inc | +0.3% | +180.71% | 加碼 |
| 7 | RY | Royal Bank Of Canada | +0.2% | +0.32% | 加碼 |
| 8 | EPD | Enterprise Products Partners | +0.2% | +15.86% | 加碼 |
| 9 | TD | Toronto-dominion Bank | +0.2% | +1.18% | 加碼 |
| 10 | CRCL | Circle Internet Group Inc | +0.2% | +271.88% | 加碼 |
| 11 | AFG | American Financial Group Inc | +0.2% | +50.20% | 加碼 |
| 12 | AXP | American Express Co | +0.1% | +0.33% | 加碼 |
| 13 | PCAR | Paccar Inc | +0.1% | +0.99% | 加碼 |
| 14 | ADBE | Adobe Inc | +0.1% | +38.78% | 加碼 |
| 15 | WFC | Wells Fargo & Co | +0.1% | — | 不變 |
| 16 | CVX | Chevron CORP | +0.1% | +53.50% | 加碼 |
| 17 | NDAQ | Nasdaq Inc | +0.1% | +0.16% | 加碼 |
| 18 | AGM | Federal Agric Mtg Corp-cl C | +0.1% | +12.76% | 加碼 |
| 19 | JNJ | Johnson & Johnson | +0.1% | — | 不變 |
| 20 | WPC | Wp Carey Inc | +0.1% | +31.02% | 加碼 |
| 21 | UNH | Unitedhealth Group Inc | +0.1% | +14.65% | 加碼 |
| 22 | USB | US Bancorp | +0.1% | +0.21% | 加碼 |
| 23 | UPS | United Parcel Service-cl B | +0.1% | +0.01% | 加碼 |
| 24 | MCO | Moody's CORP | +0.1% | +0.05% | 加碼 |
| 25 | RTX | Rtx CORP | +0.1% | -0.03% | 減碼 |
| 26 | CB | Chubb Limited | +0.1% | +0.23% | 加碼 |
| 27 | TRV | Travelers Cos Inc/the | — | -0.01% | 減碼 |
| 28 | ADP | Automatic Data Processing | -0.1% | +2.01% | 加碼 |
| 29 | CNH | CNH Industrial N.V. | -0.1% | -0.38% | 減碼 |
| 30 | MO | Altria Group Inc | -0.1% | +5.01% | 加碼 |
| 31 | GPC | Genuine Parts Co | -0.2% | +1.75% | 加碼 |
| 32 | WRB | Wr Berkley CORP | -0.2% | +0.95% | 加碼 |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | -0.2% | +0.30% | 加碼 |
| 34 | INTC | Intel CORP | -0.2% | -62.12% | 減碼 |
| 35 | WSO | Watsco Inc | -0.3% | +5.91% | 加碼 |
| 36 | MSFT | Microsoft CORP | -0.3% | +3.71% | 加碼 |
| 37 | CAT | Caterpillar Inc | -1% | -38.97% | 減碼 |
| 38 | CMI | Cummins Inc | -1.2% | -72.32% | 減碼 |
| 39 | PH | Parker Hannifin CORP | — | EXIT | 清倉 |
| 40 | FIX | Comfort Systems USA Inc | — | EXIT | 清倉 |
| 41 | FERG | Ferguson Enterprises Inc | — | NEW | 新建倉 |
| 42 | CRH | CRH plc | — | NEW | 新建倉 |
| 43 | PAYX | Paychex Inc | — | NEW | 新建倉 |
| 44 | MAA | Mid-america Apartment Comm | — | NEW | 新建倉 |
| 45 | XOM | Exxon Mobil CORP | — | NEW | 新建倉 |
| 46 | SLG | Sl Green Realty CORP | — | NEW | 新建倉 |
| 47 | SLB | Slb LTD | — | NEW | 新建倉 |
| 48 | SYY | Sysco CORP | — | EXIT | 清倉 |
| 49 | GOOGL | Alphabet Inc-cl A | — | NEW | 新建倉 |
| 50 | FLG | Flagstar Bank NA | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Applied Capital LLC/FL 在 Q4 2025 季度的美股持倉總市值約為 US$2.5億，共申報了 91 個公開持股部位。
在 Q4 2025 季度，Applied Capital LLC/FL 按市值排列的前三大核心持股分別為：SPY (13.5%)、GOOG (5.2%)、MSFT (3.7%)。其中最大持股部位 SPY 佔據整體投資組合約 13.5% 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
FERG
市值: US$180.8萬
本季最大獲利了結 / 清倉標的
PH
前期市值: US$461.9萬
在 Q4 2025 季度中，Applied Capital LLC/FL 共進行了 48 項持倉異動，包含新建倉 9 個部位、加碼 30 個部位、減碼 6 個部位以及清倉 3 個部位。 其中最大新建倉標的為 FERG。 本季清倉部位包含 PH。
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。