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: 0001703208
申報總市值
US$4.4億
US$4.4億
106 檔
34.9%
截至 Q3 2025 季度末，Arjuna Capital 的美股持倉估值約為 US$4.4億，全數申報部位共有 106 檔。
Arjuna Capital 在 Q3 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 89 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
檢視投資組合結構，前 5 大主力部位（包含 SGOV, AAPL, NVDA）占據了總市值的 34.9%，展現出該機構在 Q3 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 | SGOV | Ishares 0-3 Month Treasury B | ETF-政府公債 | 12.93% | -1.71% | -6.20% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 6.96% | -0.18% | -4.78% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 6.78% | -0.11% | +2.74% | |
| 4 | MSFT | Microsoft CORP | 股票-科技 | 6.41% | -0.55% | +1.22% | |
| 5 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 5.43% | -0.21% | -0.99% | |
| 6 | SPTI | Ss Spdr P Int Term Tsy ETF | ETF-其他 | 3.57% | -0.46% | +4.87% | |
| 7 | JPM | Jpmorgan Chase & Co | 股票-金融 | 2.52% | -0.46% | +0.55% | |
| 8 | AMZN | Amazon.com Inc | 股票-循環性消費 | 2.43% | +0.04% | +1.41% | |
| 9 | AVGO | Broadcom Inc | 股票-科技 | 2.20% | +0.25% | +12.04% | |
| 10 | HD | Home Depot Inc | 股票-循環性消費 | 1.92% | -0.09% | -1.24% | |
| 11 | AMP | Ameriprise Financial Inc | 股票-金融 | 1.54% | — | +14.63% | |
| 12 | WM | Waste Management Inc | 股票-工業 | 1.48% | +0.08% | +2.22% | |
| 13 | KR | Kroger Co | 股票-非循環性消費 | 1.37% | -0.50% | +0.75% | |
| 14 | GSK | Gsk Plc-spon Adr | 股票-醫療保健 | 1.27% | -0.13% | +1.35% | |
| 15 | TRV | Travelers Cos Inc/the | 股票-金融 | 1.22% | -0.03% | -0.85% | |
| 16 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 1.18% | -0.16% | +1.91% | |
| 17 | MET | Metlife Inc | 股票-金融 | 1.08% | -0.34% | +1.88% | |
| 18 | MSM | Msc Industrial Direct Co-a | 股票-工業 | 1.06% | -0.18% | — | |
| 19 | V | Visa Inc-class A Shares | 股票-金融 | 1.05% | -0.01% | +4.12% | |
| 20 | NFLX | Netflix Inc | 股票-通訊服務 | 1.05% | -0.65% | +0.98% | |
| 21 | LEA | Lear CORP | 股票-循環性消費 | 1.01% | -0.02% | — | |
| 22 | FAST | Fastenal Co | 股票-工業 | 0.99% | +0.02% | — | |
| 23 | CSCO | Cisco Systems Inc | 股票-科技 | 0.98% | +0.44% | +26.41% | |
| 24 | IBM | Intl Business Machines CORP | 股票-科技 | 0.96% | -0.29% | +31.47% | |
| 25 | BEPC | Brookfield Renewable CORP | 股票-公用事業 | 0.94% | -0.20% | +26.11% | |
| 26 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.92% | -0.19% | -0.51% | |
| 27 | MA | Mastercard Inc - A | 股票-金融 | 0.87% | -0.09% | +0.47% | |
| 28 | LLY | Eli Lilly & Co | 股票-醫療保健 | 0.85% | +0.15% | +637.05% | |
| 29 | PSA | Public Storage | 股票-房地產 | 0.83% | — | -0.02% | |
| 30 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.80% | -0.01% | +4.40% | |
| 31 | ITW | Illinois Tool Works | 股票-工業 | 0.79% | +0.27% | -0.07% | |
| 32 | NVS | Novartis Ag-sponsored Adr | 股票-醫療保健 | 0.79% | -0.03% | +108.97% | |
| 33 | CMCSA | Comcast Corp-class A | 股票-通訊服務 | 0.74% | +0.30% | NEW | |
| 34 | MCK | Mckesson CORP | 股票-醫療保健 | 0.73% | -0.30% | -0.29% | |
| 35 | LOW | Lowe's Cos Inc | 股票-循環性消費 | 0.72% | -0.15% | -2.32% | |
| 36 | STT | State Street CORP | 股票-金融 | 0.72% | +0.10% | +106.96% | |
| 37 | APH | Amphenol Corp-cl A | 股票-科技 | 0.71% | +0.18% | -0.81% | |
| 38 | VMI | Valmont Industries | 股票-工業 | 0.68% | -0.33% | +90.65% | |
| 39 | ORCL | Oracle CORP | 股票-科技 | 0.68% | -0.05% | -1.64% | |
| 40 | AMAL | Amalgamated Financial CORP | 股票-其他 | 0.67% | +0.11% | +4.48% | |
| 41 | SNY | Sanofi-adr | 股票-醫療保健 | 0.63% | -0.38% | +85.32% | |
| 42 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 0.62% | +0.05% | +52.48% | |
| 43 | AXP | American Express Co | 股票-金融 | 0.59% | -0.01% | +0.95% | |
| 44 | DMXF | Ishares Esg Advanc Msci Eafe | ETF-其他 | 0.55% | -0.14% | +234.53% | |
| 45 | VZ | Verizon Communications Inc | 股票-通訊服務 | 0.55% | -0.17% | +0.96% | |
| 46 | SDA | Sealed Air CORP | 股票-循環性消費 | 0.54% | -0.20% | EXIT | |
| 47 | EXPD | Expeditors Intl Wash Inc | 股票-工業 | 0.53% | — | -0.15% | |
| 48 | AMGN | Amgen Inc | 股票-醫療保健 | 0.52% | -0.21% | +2.10% | |
| 49 | NVO | Novo-nordisk A/s-spons Adr | 股票-醫療保健 | 0.49% | — | +3.51% | |
| 50 | AMAT | Applied Materials Inc | 股票-科技 | 0.48% | +0.77% | +1.54% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | +2.3% | +2.74% | 減碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +1.4% | -0.99% | 減碼 |
| 3 | MSFT | Microsoft CORP | +1.1% | +1.22% | 減碼 |
| 4 | AVGO | Broadcom Inc | +1% | +12.04% | 加碼 |
| 5 | STT | State Street CORP | +0.4% | +106.96% | 加碼 |
| 6 | NVS | Novartis Ag-sponsored Adr | +0.4% | +108.97% | 加碼 |
| 7 | JNJ | Johnson & Johnson | +0.4% | +4.40% | 加碼 |
| 8 | VMI | Valmont Industries | +0.4% | +90.65% | 加碼 |
| 9 | CDNS | Cadence Design Sys Inc | +0.3% | +404.79% | 加碼 |
| 10 | ORCL | Oracle CORP | +0.3% | -1.64% | 減碼 |
| 11 | APH | Amphenol Corp-cl A | +0.3% | -0.81% | 減碼 |
| 12 | BNY | Bank Of New York Mellon CORP | +0.3% | +52.48% | 加碼 |
| 13 | JPM | Jpmorgan Chase & Co | +0.2% | +0.55% | 減碼 |
| 14 | BEPC | Brookfield Renewable CORP | +0.2% | +26.11% | 加碼 |
| 15 | IBM | Intl Business Machines CORP | +0.2% | +31.47% | 加碼 |
| 16 | CSCO | Cisco Systems Inc | +0.2% | +26.41% | 加碼 |
| 17 | SNY | Sanofi-adr | +0.2% | +85.32% | 加碼 |
| 18 | MET | Metlife Inc | +0.1% | +1.88% | 加碼 |
| 19 | NFLX | Netflix Inc | +0.1% | +0.98% | 減碼 |
| 20 | AMAT | Applied Materials Inc | +0.1% | +1.54% | 減碼 |
| 21 | C | Citigroup Inc | +0.1% | +0.68% | 減碼 |
| 22 | CTSH | Cognizant Tech Solutions-a | +0.1% | +62.63% | 加碼 |
| 23 | GOOG | Alphabet Inc-cl C | +0.1% | — | 不變 |
| 24 | ESGV | Vanguard Esg US Stock ETF | 0% | +5.25% | 加碼 |
| 25 | NTRS | Northern Trust CORP | 0% | +1.44% | 減碼 |
| 26 | TILE | Interface Inc | 0% | +6.14% | 加碼 |
| 27 | AXP | American Express Co | 0% | +0.95% | 減碼 |
| 28 | SCHW | Schwab (charles) CORP | 0% | +0.64% | 減碼 |
| 29 | LECO | Lincoln Electric Holdings | 0% | +0.11% | 減碼 |
| 30 | FITB | Fifth Third Bancorp | 0% | +8.41% | 加碼 |
| 31 | AMZN | Amazon.com Inc | 0% | +1.41% | 減碼 |
| 32 | TJX | Tjx Companies Inc | 0% | -0.51% | 減碼 |
| 33 | BKNG | Booking Holdings Inc | 0% | +2.09% | 減碼 |
| 34 | IWF | Ishares Russell 1000 Growth | 0% | — | 不變 |
| 35 | VTI | Vanguard Total Stock Mkt ETF | 0% | -0.72% | 減碼 |
| 36 | IVV | Ishares Core S&p 500 ETF | — | -6.30% | 減碼 |
| 37 | IWM | Ishares Russell 2000 ETF | — | — | 不變 |
| 38 | VO | Vanguard Mid-cap ETF | — | -0.72% | 減碼 |
| 39 | VTV | Vanguard Value ETF | — | -1.02% | 減碼 |
| 40 | AMP | Ameriprise Financial Inc | 0% | +14.63% | 加碼 |
| 41 | MCK | Mckesson CORP | 0% | -0.29% | 減碼 |
| 42 | DGX | Quest Diagnostics Inc | 0% | +5.68% | 減碼 |
| 43 | CAH | Cardinal Health Inc | 0% | +0.23% | 減碼 |
| 44 | DIS | Walt Disney Co/the | 0% | -0.11% | 減碼 |
| 45 | COR | Cencora Inc | 0% | +0.57% | 減碼 |
| 46 | GAP | Gap Inc/the | 0% | +4.28% | 加碼 |
| 47 | NUE | Nucor CORP | 0% | +0.41% | 減碼 |
| 48 | SYY | Sysco CORP | 0% | +1.25% | 減碼 |
| 49 | BXP | Bxp Inc | 0% | -0.27% | 減碼 |
| 50 | EBAY | Ebay Inc | 0% | -44.10% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Arjuna Capital 在 Q3 2025 季度的美股持倉總市值約為 US$4.4億，共申報了 106 個公開持股部位。
在 Q3 2025 季度，Arjuna Capital 按市值排列的前三大核心持股分別為：SGOV (12.9%)、AAPL (7.0%)、NVDA (6.8%)。其中最大持股部位 SGOV 佔據整體投資組合約 12.9% 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
MSM
市值: US$427.4萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$433.5萬
在 Q3 2025 季度中，Arjuna Capital 共進行了 130 項持倉異動，包含新建倉 20 個部位、加碼 21 個部位、減碼 62 個部位以及清倉 27 個部位。 其中最大新建倉標的為 MSM。 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。