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: 0000007195
申報總市值
US$1.3億
US$1.3億
111 檔
17.9%
根據最新整理的 13F 季度數據集，Argus Investors' Counsel, Inc. 於 Q2 2025 結束時的管理資產規模為 US$1.3億。該機構在本季度申報了 111 檔美股持倉，呈現出該時期的主要投資地圖。
Argus Investors' Counsel, Inc. 在 Q2 2025 進行了結構性的板塊輪動與部位換股。在開立 5 個全新部位及加碼 21 檔持股的同時，亦同步清倉 8 檔並減碼 16 檔標的。
檢視投資組合結構，前 5 大主力部位（包含 COST, NVDA, META）占據了總市值的 17.9%，展現出該機構在 Q2 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 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 3.58% | -0.79% | -12.78% | |
| 2 | NVDA | Nvidia CORP | 股票-科技 | 3.48% | -0.14% | +0.07% | |
| 3 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.39% | -0.52% | +1.17% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.15% | -0.22% | -13.03% | |
| 5 | AAPL | Apple Inc | 股票-科技 | 2.90% | -0.18% | -10.34% | |
| 6 | TT | Trane Technologies plc | 股票-工業 | 2.65% | -0.02% | -9.91% | |
| 7 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.65% | +0.36% | -0.83% | |
| 8 | AXON | Axon Enterprise Inc | 股票-工業 | 2.59% | — | +1.90% | |
| 9 | ORCL | Oracle CORP | 股票-科技 | 2.56% | -0.31% | +1.61% | |
| 10 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.47% | -0.08% | -5.03% | |
| 11 | V | Visa Inc-class A Shares | 股票-金融 | 2.44% | -0.10% | +0.02% | |
| 12 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 2.30% | +0.16% | -6.22% | |
| 13 | PWR | Quanta Services Inc | 股票-工業 | 2.25% | +0.34% | +1.58% | |
| 14 | BLK | Blackrock Inc | 股票-金融 | 2.18% | -0.32% | +0.27% | |
| 15 | ADI | Analog Devices Inc | 股票-科技 | 2.15% | +0.17% | +0.75% | |
| 16 | BSX | Boston Scientific CORP | 股票-醫療保健 | 2.05% | -1.43% | EXIT | |
| 17 | SCHW | Schwab (charles) CORP | 股票-金融 | 1.87% | -0.58% | -1.81% | |
| 18 | SPGI | S&p Global Inc | 股票-金融 | 1.83% | -0.31% | -8.50% | |
| 19 | MSFT | Microsoft CORP | 股票-科技 | 1.82% | -0.16% | -15.78% | |
| 20 | URI | United Rentals Inc | 股票-工業 | 1.80% | +0.66% | +1.82% | |
| 21 | WFC | Wells Fargo & Co | 股票-金融 | 1.79% | -0.28% | +1.79% | |
| 22 | TRGP | Targa Resources CORP | 股票-能源 | 1.68% | -0.15% | +1.88% | |
| 23 | ISRG | Intuitive Surgical Inc | 股票-醫療保健 | 1.58% | — | -1.28% | |
| 24 | AVGO | Broadcom Inc | 股票-科技 | 1.37% | +0.05% | -12.20% | |
| 25 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 1.34% | — | +3.40% | |
| 26 | NFLX | Netflix Inc | 股票-通訊服務 | 1.28% | -0.16% | +8.09% | |
| 27 | NOW | Servicenow Inc | 股票-科技 | 1.27% | — | +1.16% | |
| 28 | AXP | American Express Co | 股票-金融 | 1.24% | -0.03% | -2.37% | |
| 29 | ADBE | Adobe Inc | 股票-科技 | 1.21% | -0.19% | EXIT | |
| 30 | AMAT | Applied Materials Inc | 股票-科技 | 1.19% | +2.57% | +1.14% | |
| 31 | WMT | Walmart Inc | 股票-非循環性消費 | 1.07% | -0.18% | +39.62% | |
| 32 | SYK | Stryker CORP | 股票-醫療保健 | 1.02% | -0.19% | -17.06% | |
| 33 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.93% | — | +3.73% | |
| 34 | TMO | Thermo Fisher Scientific Inc | 股票-醫療保健 | 0.88% | -0.05% | +1.96% | |
| 35 | XOM | Exxon Mobil CORP | 股票-能源 | 0.87% | -1.20% | EXIT | |
| 36 | HD | Home Depot Inc | 股票-循環性消費 | 0.86% | -0.01% | -10.93% | |
| 37 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.85% | -0.08% | -1.89% | |
| 38 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.84% | -0.10% | +71.18% | |
| 39 | CRM | Salesforce Inc | 股票-科技 | 0.79% | — | -14.36% | |
| 40 | MA | Mastercard Inc - A | 股票-金融 | 0.67% | -0.08% | -19.35% | |
| 41 | TXN | Texas Instruments Inc | 股票-科技 | 0.60% | +0.12% | +27.64% | |
| 42 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 0.59% | -0.03% | -0.06% | |
| 43 | GLW | Corning Inc | 股票-科技 | 0.58% | +0.07% | +0.45% | |
| 44 | GE | General Electric | 股票-工業 | 0.58% | +0.10% | — | |
| 45 | UBER | Uber Technologies Inc | 股票-工業 | 0.57% | +0.04% | — | |
| 46 | ABT | Abbott Laboratories | 股票-醫療保健 | 0.56% | -0.01% | -11.39% | |
| 47 | AMGN | Amgen Inc | 股票-醫療保健 | 0.55% | -0.17% | -0.04% | |
| 48 | NUE | Nucor CORP | 股票-原物料 | 0.55% | -0.09% | +5.22% | |
| 49 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.54% | -0.10% | — | |
| 50 | ZTS | Zoetis Inc | 股票-醫療保健 | 0.52% | -0.20% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +0.9% | +0.07% | 加碼 |
| 2 | AXON | Axon Enterprise Inc | +0.9% | +1.90% | 加碼 |
| 3 | ORCL | Oracle CORP | +0.8% | +1.61% | 加碼 |
| 4 | PWR | Quanta Services Inc | +0.7% | +1.58% | 加碼 |
| 5 | META | Meta Platforms Inc-class A | +0.6% | +1.17% | 加碼 |
| 6 | GE | General Electric | +0.6% | NEW | 新建倉 |
| 7 | UBER | Uber Technologies Inc | +0.6% | NEW | 新建倉 |
| 8 | RCL | Royal Caribbean Cruises Ltd. | +0.4% | +3.40% | 加碼 |
| 9 | NFLX | Netflix Inc | +0.4% | +8.09% | 加碼 |
| 10 | ECL | Ecolab Inc | +0.4% | NEW | 新建倉 |
| 11 | AVGO | Broadcom Inc | +0.4% | -12.20% | 減碼 |
| 12 | WMT | Walmart Inc | +0.3% | +39.62% | 加碼 |
| 13 | TJX | Tjx Companies Inc | +0.3% | +71.18% | 加碼 |
| 14 | URI | United Rentals Inc | +0.2% | +1.82% | 加碼 |
| 15 | TT | Trane Technologies plc | +0.2% | -9.91% | 減碼 |
| 16 | NOW | Servicenow Inc | +0.2% | +1.16% | 加碼 |
| 17 | ADI | Analog Devices Inc | +0.2% | +0.75% | 加碼 |
| 18 | AMAT | Applied Materials Inc | +0.2% | +1.14% | 加碼 |
| 19 | CEG | Constellation Energy | +0.2% | NEW | 新建倉 |
| 20 | TXN | Texas Instruments Inc | +0.2% | +27.64% | 加碼 |
| 21 | KIM | Kimco Realty CORP | +0.1% | NEW | 新建倉 |
| 22 | MCK | Mckesson CORP | +0.1% | +60.69% | 加碼 |
| 23 | SCHW | Schwab (charles) CORP | +0.1% | -1.81% | 減碼 |
| 24 | WFC | Wells Fargo & Co | +0.1% | +1.79% | 加碼 |
| 25 | AXP | American Express Co | +0.1% | -2.37% | 減碼 |
| 26 | PYPL | Paypal Holdings Inc | +0.1% | +3.73% | 加碼 |
| 27 | BLK | Blackrock Inc | +0.1% | +0.27% | 加碼 |
| 28 | MSFT | Microsoft CORP | +0.1% | -15.78% | 減碼 |
| 29 | AMZN | Amazon.com Inc | +0.1% | -5.03% | 減碼 |
| 30 | BSX | Boston Scientific CORP | 0% | +1.57% | 加碼 |
| 31 | ISRG | Intuitive Surgical Inc | 0% | -1.28% | 減碼 |
| 32 | GOOGL | Alphabet Inc-cl A | 0% | -6.22% | 減碼 |
| 33 | SHEL | Shell Plc-adr | -0.2% | EXIT | 清倉 |
| 34 | LMT | Lockheed Martin CORP | -0.2% | EXIT | 清倉 |
| 35 | UNP | Union Pacific CORP | -0.2% | -20.79% | 減碼 |
| 36 | PSX | Phillips 66 | -0.2% | EXIT | 清倉 |
| 37 | WM | Waste Management Inc | -0.2% | -43.79% | 減碼 |
| 38 | MA | Mastercard Inc - A | -0.2% | -19.35% | 減碼 |
| 39 | SYK | Stryker CORP | -0.2% | -17.06% | 減碼 |
| 40 | XOM | Exxon Mobil CORP | -0.2% | -7.67% | 減碼 |
| 41 | TMO | Thermo Fisher Scientific Inc | -0.3% | +1.96% | 加碼 |
| 42 | DHI | Dr Horton Inc | -0.3% | EXIT | 清倉 |
| 43 | ROP | Roper Technologies Inc | -0.3% | EXIT | 清倉 |
| 44 | DELL | Dell Technologies -c | -0.3% | EXIT | 清倉 |
| 45 | TRGP | Targa Resources CORP | -0.4% | +1.88% | 加碼 |
| 46 | LLY | Eli Lilly & Co | -0.4% | -0.83% | 減碼 |
| 47 | ODFL | Old Dominion Freight Line | -0.5% | EXIT | 清倉 |
| 48 | COST | Costco Wholesale CORP | -0.6% | -12.78% | 減碼 |
| 49 | AAPL | Apple Inc | -0.9% | -10.34% | 減碼 |
| 50 | UNH | Unitedhealth Group Inc | -1.8% | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Argus Investors' Counsel, Inc. 在 Q2 2025 季度的美股持倉總市值約為 US$1.3億，共申報了 111 個公開持股部位。
在 Q2 2025 季度，Argus Investors' Counsel, Inc. 按市值排列的前三大核心持股分別為：COST (3.6%)、NVDA (3.5%)、META (3.4%)。其中最大持股部位 COST 佔據整體投資組合約 3.6% 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
GE
市值: US$81.0萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$229.5萬
在 Q2 2025 季度中，Argus Investors' Counsel, Inc. 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 16 個部位以及清倉 8 個部位。 其中最大新建倉標的為 GE。 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。
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。