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
105 檔
19.1%
根據最新整理的 13F 季度數據集，Argus Investors' Counsel, Inc. 於 Q4 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 105 檔美股持倉，呈現出該時期的主要投資地圖。
觀察 Q4 2025 的申報異動，Argus Investors' Counsel, Inc. 採取了強勁的買進策略，建倉與加碼動作（合計 30 筆）涵蓋多個核心板塊，展現機構對特定產業前景之樂觀態度。
檢視投資組合結構，前 5 大主力部位（包含 NVDA, GOOGL, AAPL）占據了總市值的 19.1%，展現出該機構在 Q4 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 | NVDA | Nvidia CORP | 股票-科技 | 4.53% | -0.14% | +8.89% | |
| 2 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 4.49% | +0.16% | +8.88% | |
| 3 | AAPL | Apple Inc | 股票-科技 | 3.82% | -0.18% | +0.86% | |
| 4 | JPM | Jpmorgan Chase & Co | 股票-金融 | 3.50% | -0.22% | +1.22% | |
| 5 | LLY | Eli Lilly & Co | 股票-醫療保健 | 3.49% | +0.36% | +1.62% | |
| 6 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 3.32% | -0.52% | -0.30% | |
| 7 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 3.16% | -0.79% | +1.08% | |
| 8 | PWR | Quanta Services Inc | 股票-工業 | 2.82% | +0.34% | +0.08% | |
| 9 | ADI | Analog Devices Inc | 股票-科技 | 2.76% | +0.17% | +0.64% | |
| 10 | TT | Trane Technologies plc | 股票-工業 | 2.63% | -0.02% | +0.15% | |
| 11 | ORCL | Oracle CORP | 股票-科技 | 2.49% | -0.31% | -0.39% | |
| 12 | WFC | Wells Fargo & Co | 股票-金融 | 2.34% | -0.28% | +0.28% | |
| 13 | AMAT | Applied Materials Inc | 股票-科技 | 2.33% | +2.57% | +24.31% | |
| 14 | V | Visa Inc-class A Shares | 股票-金融 | 2.32% | -0.10% | -0.12% | |
| 15 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.32% | -0.08% | -0.43% | |
| 16 | SCHW | Schwab (charles) CORP | 股票-金融 | 2.29% | -0.58% | -0.01% | |
| 17 | URI | United Rentals Inc | 股票-工業 | 2.17% | +0.66% | +0.06% | |
| 18 | BLK | Blackrock Inc | 股票-金融 | 2.15% | -0.32% | -0.08% | |
| 19 | BSX | Boston Scientific CORP | 股票-醫療保健 | 2.04% | -1.43% | EXIT | |
| 20 | AXON | Axon Enterprise Inc | 股票-工業 | 2.00% | — | +0.25% | |
| 21 | MSFT | Microsoft CORP | 股票-科技 | 1.59% | -0.16% | +2.46% | |
| 22 | SPGI | S&p Global Inc | 股票-金融 | 1.53% | -0.31% | -24.59% | |
| 23 | TRGP | Targa Resources CORP | 股票-能源 | 1.53% | -0.15% | -22.96% | |
| 24 | ANET | Arista Networks Inc | 股票-科技 | 1.50% | +0.24% | +0.03% | |
| 25 | DASH | Doordash Inc - A | 股票-循環性消費 | 1.15% | +0.03% | -0.14% | |
| 26 | AXP | American Express Co | 股票-金融 | 1.14% | -0.03% | +2.68% | |
| 27 | RCL | Royal Caribbean Cruises Ltd. | 股票-循環性消費 | 1.12% | — | +0.64% | |
| 28 | AVGO | Broadcom Inc | 股票-科技 | 1.10% | +0.05% | -3.42% | |
| 29 | NOW | Servicenow Inc | 股票-科技 | 1.06% | — | +399.19% | |
| 30 | ADBE | Adobe Inc | 股票-科技 | 1.01% | -0.19% | EXIT | |
| 31 | IWF | Ishares Russell 1000 Growth | ETF-其他 | 0.99% | -0.08% | -4.89% | |
| 32 | PANW | Palo Alto Networks Inc | 股票-科技 | 0.95% | +0.71% | -0.09% | |
| 33 | WMT | Walmart Inc | 股票-非循環性消費 | 0.85% | -0.18% | +5.13% | |
| 34 | PYPL | Paypal Holdings Inc | 股票-金融 | 0.82% | — | +0.48% | |
| 35 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.81% | -0.10% | +3.56% | |
| 36 | GE | General Electric | 股票-工業 | 0.80% | +0.10% | +3.12% | |
| 37 | SYK | Stryker CORP | 股票-醫療保健 | 0.79% | -0.19% | +3.05% | |
| 38 | MA | Mastercard Inc - A | 股票-金融 | 0.78% | -0.08% | +3.86% | |
| 39 | XOM | Exxon Mobil CORP | 股票-能源 | 0.78% | -1.20% | EXIT | |
| 40 | KLAC | Kla CORP | 股票-科技 | 0.74% | +0.61% | +4.95% | |
| 41 | UBER | Uber Technologies Inc | 股票-工業 | 0.72% | +0.04% | -0.01% | |
| 42 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.64% | +0.03% | +5.68% | |
| 43 | ✓ | 股票-其他 | 0.62% | — | +164.11% | ||
| 44 | NFLX | Netflix Inc | 股票-通訊服務 | 0.59% | -0.16% | +893.68% | |
| 45 | IEI | Ishares 3-7 Year Treasury Bo | ETF-政府公債 | 0.58% | -0.07% | +12.57% | |
| 46 | PH | Parker Hannifin CORP | 股票-工業 | 0.54% | -0.04% | +6.08% | |
| 47 | NDAQ | Nasdaq Inc | 股票-金融 | 0.54% | -0.08% | +6.29% | |
| 48 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.50% | +0.09% | -0.29% | |
| 49 | CTAS | Cintas CORP | 股票-工業 | 0.49% | — | +6.33% | |
| 50 | BSV | Vanguard Short-term Bond ETF | ETF-其他 | 0.48% | -0.06% | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +1.3% | +8.88% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +1.1% | +1.62% | 加碼 |
| 3 | AMAT | Applied Materials Inc | +0.8% | +24.31% | 加碼 |
| 4 | ✓ | +0.4% | +164.11% | 加碼 | |
| 5 | NVDA | Nvidia CORP | +0.4% | +8.89% | 加碼 |
| 6 | ADI | Analog Devices Inc | +0.3% | +0.64% | 加碼 |
| 7 | AAPL | Apple Inc | +0.3% | +0.86% | 加碼 |
| 8 | WFC | Wells Fargo & Co | +0.3% | +0.28% | 加碼 |
| 9 | AXP | American Express Co | +0.1% | +2.68% | 加碼 |
| 10 | JPM | Jpmorgan Chase & Co | +0.1% | +1.22% | 加碼 |
| 11 | KLAC | Kla CORP | +0.1% | +4.95% | 加碼 |
| 12 | AMZN | Amazon.com Inc | +0.1% | -0.43% | 減碼 |
| 13 | SCHW | Schwab (charles) CORP | +0.1% | -0.01% | 減碼 |
| 14 | WMT | Walmart Inc | +0.1% | +5.13% | 加碼 |
| 15 | PH | Parker Hannifin CORP | +0.1% | +6.08% | 加碼 |
| 16 | NDAQ | Nasdaq Inc | +0.1% | +6.29% | 加碼 |
| 17 | TJX | Tjx Companies Inc | +0.1% | +3.56% | 加碼 |
| 18 | BNY | Bank Of New York Mellon CORP | +0.1% | +5.68% | 加碼 |
| 19 | MSFT | Microsoft CORP | -0.1% | +2.46% | 加碼 |
| 20 | PANW | Palo Alto Networks Inc | -0.1% | -0.09% | 減碼 |
| 21 | PYPL | Paypal Holdings Inc | -0.1% | +0.48% | 加碼 |
| 22 | UBER | Uber Technologies Inc | -0.1% | -0.01% | 減碼 |
| 23 | RCL | Royal Caribbean Cruises Ltd. | -0.2% | +0.64% | 加碼 |
| 24 | NFLX | Netflix Inc | -0.2% | +893.68% | 加碼 |
| 25 | ANET | Arista Networks Inc | -0.2% | +0.03% | 加碼 |
| 26 | BLK | Blackrock Inc | -0.2% | -0.08% | 減碼 |
| 27 | COST | Costco Wholesale CORP | -0.2% | +1.08% | 加碼 |
| 28 | TT | Trane Technologies plc | -0.2% | +0.15% | 加碼 |
| 29 | NOW | Servicenow Inc | -0.2% | +399.19% | 加碼 |
| 30 | DASH | Doordash Inc - A | -0.2% | -0.14% | 減碼 |
| 31 | TRGP | Targa Resources CORP | -0.3% | -22.96% | 減碼 |
| 32 | SPGI | S&p Global Inc | -0.4% | -24.59% | 減碼 |
| 33 | META | Meta Platforms Inc-class A | -0.4% | -0.30% | 減碼 |
| 34 | URI | United Rentals Inc | -0.4% | +0.06% | 加碼 |
| 35 | HD | Home Depot Inc | -0.5% | -66.90% | 減碼 |
| 36 | AXON | Axon Enterprise Inc | -0.5% | +0.25% | 加碼 |
| 37 | ORCL | Oracle CORP | -1.1% | -0.39% | 減碼 |
| 38 | TMO | Thermo Fisher Scientific Inc | — | NEW | 新建倉 |
| 39 | HWM | Howmet Aerospace Inc | — | NEW | 新建倉 |
| 40 | HCA | Hca Healthcare Inc | — | EXIT | 清倉 |
| 41 | INTU | Intuit Inc | — | EXIT | 清倉 |
| 42 | ZTS | Zoetis Inc | — | EXIT | 清倉 |
| 43 | BMI | Badger Meter Inc | — | EXIT | 清倉 |
| 44 | DMBS | Doubleline Mortgage ETF | — | NEW | 新建倉 |
| 45 | TBIL | F/m US Treasury 3 Month Bill | — | EXIT | 清倉 |
| 46 | CMG | Chipotle Mexican Grill Inc | — | EXIT | 清倉 |
| 47 | KIM | Kimco Realty CORP | — | EXIT | 清倉 |
| 48 | PSX | Phillips 66 | — | EXIT | 清倉 |
| 49 | MCD | Mcdonald's CORP | — | EXIT | 清倉 |
| 50 | SHEL | Shell Plc-adr | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Argus Investors' Counsel, Inc. 在 Q4 2025 季度的美股持倉總市值約為 US$1.3億，共申報了 105 個公開持股部位。
在 Q4 2025 季度，Argus Investors' Counsel, Inc. 按市值排列的前三大核心持股分別為：NVDA (4.5%)、GOOGL (4.5%)、AAPL (3.8%)。其中最大持股部位 NVDA 佔據整體投資組合約 4.5% 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
TMO
市值: US$58.5萬
本季最大獲利了結 / 清倉標的
HCA
前期市值: US$55.4萬
在 Q4 2025 季度中，Argus Investors' Counsel, Inc. 共進行了 50 項持倉異動，包含新建倉 4 個部位、加碼 26 個部位、減碼 11 個部位以及清倉 9 個部位。 其中最大新建倉標的為 TMO。 本季清倉部位包含 HCA。
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。