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: 0001164508
申報總市值
US$2253.7億
US$2253.7億
1808 檔
11.3%
根據最新整理的 13F 季度數據集，Arrowstreet Capital, Limited Partnership 於 Q4 2025 結束時的管理資產規模為 US$2253.7億。該機構在本季度申報了 1808 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，Arrowstreet Capital, Limited Partnership 採取了強勁的買進策略，建倉與加碼動作（合計 136 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 MSFT, AMZN, NVDA）占據了總市值的 11.3%，展現出該機構在 Q4 2025 的重點資金聚焦與風險分佈特徵。
僅顯示前 200 大持股（共 1808 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 | MSFT | Microsoft CORP | 股票-科技 | 4.18% | -0.28% | +17.24% | |
| 2 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.33% | +0.60% | +20.98% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 2.91% | +0.08% | +3.64% | |
| 4 | AAPL | Apple Inc | 股票-科技 | 2.76% | +1.17% | -38.35% | |
| 5 | AVGO | Broadcom Inc | 股票-科技 | 1.74% | -1.70% | +52.53% | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 1.64% | -0.28% | +63.21% | |
| 7 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 1.52% | -0.01% | +129.99% | |
| 8 | LRCX | Lam Research CORP | 股票-科技 | 1.34% | +0.84% | +17.71% | |
| 9 | ADBE | Adobe Inc | 股票-科技 | 1.28% | -0.27% | +10.88% | |
| 10 | B | Barrick Mining CORP | 股票-原物料 | 1.22% | -0.49% | -2.71% | |
| 11 | MA | Mastercard Inc - A | 股票-金融 | 1.04% | -0.02% | +30.82% | |
| 12 | CSCO | Cisco Systems Inc | 股票-科技 | 1.02% | +0.27% | +22.70% | |
| 13 | ASML | ASML Holding N.V. | 股票-科技 | 0.97% | +0.12% | +195.82% | |
| 14 | APH | Amphenol Corp-cl A | 股票-科技 | 0.94% | +0.12% | +62.90% | |
| 15 | AEM | Agnico Eagle Mines LTD | 股票-原物料 | 0.86% | -0.60% | +0.47% | |
| 16 | CRM | Salesforce Inc | 股票-科技 | 0.85% | -0.36% | +50.85% | |
| 17 | DIS | Walt Disney Co/the | 股票-通訊服務 | 0.84% | -0.26% | +37.84% | |
| 18 | INTU | Intuit Inc | 股票-科技 | 0.75% | -0.39% | +36.33% | |
| 19 | ANET | Arista Networks Inc | 股票-科技 | 0.72% | +0.01% | -1.94% | |
| 20 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 0.72% | +0.06% | +9.03% | |
| 21 | BKNG | Booking Holdings Inc | 股票-循環性消費 | 0.68% | -0.18% | +1.00% | |
| 22 | MCK | Mckesson CORP | 股票-醫療保健 | 0.66% | -0.09% | +6.79% | |
| 23 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.65% | -0.06% | +23.41% | |
| 24 | HCA | Hca Healthcare Inc | 股票-醫療保健 | 0.63% | -0.17% | +11.91% | |
| 25 | NFLX | Netflix Inc | 股票-通訊服務 | 0.62% | +0.04% | +396.17% | |
| 26 | BSX | Boston Scientific CORP | 股票-醫療保健 | 0.62% | -0.03% | +31.89% | |
| 27 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 0.61% | +0.04% | -46.85% | |
| 28 | FCX | Freeport-mcmoran Inc | 股票-原物料 | 0.59% | -0.31% | +98.77% | |
| 29 | SHOP | Shopify Inc - Class A | 股票-科技 | 0.57% | +0.01% | -26.92% | |
| 30 | MCD | Mcdonald's CORP | 股票-循環性消費 | 0.56% | -0.10% | +49.87% | |
| 31 | KLAC | Kla CORP | 股票-科技 | 0.55% | — | +30.86% | |
| 32 | CLS | Celestica Inc | 股票-科技 | 0.55% | -0.08% | +0.17% | |
| 33 | BMY | Bristol-myers Squibb Co | 股票-醫療保健 | 0.54% | -0.07% | +15.89% | |
| 34 | ADSK | Autodesk Inc | 股票-科技 | 0.52% | -0.12% | +46.75% | |
| 35 | STX | Seagate Technology Holdings plc | 股票-科技 | 0.52% | +0.62% | +8.26% | |
| 36 | NEM | Newmont CORP | 股票-原物料 | 0.51% | -0.35% | +110.42% | |
| 37 | GEV | GE Vernova Inc | 股票-工業 | 0.50% | -0.27% | -11.33% | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.50% | -0.09% | +140.15% | |
| 39 | NTR | Nutrien LTD | 股票-原物料 | 0.49% | -0.31% | -3.88% | |
| 40 | CME | Cme Group Inc | 股票-金融 | 0.49% | -0.09% | +7.27% | |
| 41 | DHR | Danaher CORP | 股票-醫療保健 | 0.49% | +0.07% | +3.10% | |
| 42 | SNDK | Sandisk CORP | 股票-科技 | 0.48% | +1.22% | +31.26% | |
| 43 | UBS | UBS Group AG | 股票-金融 | 0.48% | -0.02% | -9.82% | |
| 44 | CI | THE Cigna Group | 股票-醫療保健 | 0.48% | -0.06% | +9.76% | |
| 45 | MU | Micron Technology Inc | 股票-科技 | 0.47% | -0.30% | +1340.62% | |
| 46 | PM | Philip Morris International | 股票-非循環性消費 | 0.47% | -0.17% | +51.20% | |
| 47 | AMT | American Tower CORP | 股票-房地產 | 0.44% | -0.06% | +52.69% | |
| 48 | UNP | Union Pacific CORP | 股票-工業 | 0.44% | -0.04% | -3.53% | |
| 49 | SPOT | Spotify Technology S.A. | 股票-通訊服務 | 0.43% | -0.08% | EXIT | |
| 50 | ORLY | O'reilly Automotive Inc | 股票-循環性消費 | 0.43% | -0.04% | +10.68% |
| # | 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% | +129.99% | 加碼 |
| 2 | GOOGL | Alphabet Inc-cl A | +0.8% | +63.21% | 加碼 |
| 3 | ASML | ASML Holding N.V. | +0.7% | +195.82% | 加碼 |
| 4 | AVGO | Broadcom Inc | +0.6% | +52.53% | 加碼 |
| 5 | AMZN | Amazon.com Inc | +0.5% | +20.98% | 加碼 |
| 6 | MU | Micron Technology Inc | +0.5% | +1340.62% | 加碼 |
| 7 | LRCX | Lam Research CORP | +0.4% | +17.71% | 加碼 |
| 8 | APH | Amphenol Corp-cl A | +0.4% | +62.90% | 加碼 |
| 9 | FCX | Freeport-mcmoran Inc | +0.3% | +98.77% | 加碼 |
| 10 | CRM | Salesforce Inc | +0.3% | +50.85% | 加碼 |
| 11 | VALE | Vale Sa-sp Adr | +0.3% | +2239.57% | 加碼 |
| 12 | SNDK | Sandisk CORP | +0.3% | +31.26% | 加碼 |
| 13 | NEM | Newmont CORP | +0.3% | +110.42% | 加碼 |
| 14 | COST | Costco Wholesale CORP | +0.3% | +140.15% | 加碼 |
| 15 | AU | AngloGold Ashanti plc | +0.3% | +406.89% | 加碼 |
| 16 | AZNN | Astrazeneca Plc-spons Adr | +0.3% | +552.89% | 加碼 |
| 17 | LITE | Lumentum Holdings Inc | +0.2% | +18.65% | 加碼 |
| 18 | CSCO | Cisco Systems Inc | +0.2% | +22.70% | 加碼 |
| 19 | TEL | TE Connectivity plc | +0.2% | +124.37% | 加碼 |
| 20 | B | Barrick Mining CORP | +0.2% | -2.71% | 減碼 |
| 21 | V | Visa Inc-class A Shares | +0.2% | +116.53% | 加碼 |
| 22 | CIEN | Ciena CORP | +0.2% | +95.55% | 加碼 |
| 23 | MA | Mastercard Inc - A | +0.2% | +30.82% | 加碼 |
| 24 | DIS | Walt Disney Co/the | +0.2% | +37.84% | 加碼 |
| 25 | LIN | Linde plc | +0.2% | +177.17% | 加碼 |
| 26 | PGR | Progressive CORP | +0.2% | +193.20% | 加碼 |
| 27 | ISRG | Intuitive Surgical Inc | +0.2% | +59.83% | 加碼 |
| 28 | MCD | Mcdonald's CORP | +0.2% | +49.87% | 加碼 |
| 29 | KLAC | Kla CORP | +0.2% | +30.86% | 加碼 |
| 30 | IDXX | Idexx Laboratories Inc | +0.2% | +197.35% | 加碼 |
| 31 | INTU | Intuit Inc | +0.1% | +36.33% | 加碼 |
| 32 | PM | Philip Morris International | +0.1% | +51.20% | 加碼 |
| 33 | LVS | Las Vegas Sands CORP | +0.1% | +58.42% | 加碼 |
| 34 | AG | First Majestic Silver CORP | +0.1% | +408.13% | 加碼 |
| 35 | TJX | Tjx Companies Inc | +0.1% | +23.41% | 加碼 |
| 36 | BMY | Bristol-myers Squibb Co | +0.1% | +15.89% | 加碼 |
| 37 | MRSH | Marsh & Mclennan Cos | +0.1% | +94.28% | 加碼 |
| 38 | MDB | Mongodb Inc | +0.1% | +21.82% | 加碼 |
| 39 | CB | Chubb Limited | +0.1% | +200.04% | 加碼 |
| 40 | RIO | Rio Tinto Plc-spon Adr | +0.1% | +170.79% | 加碼 |
| 41 | RGLD | Royal Gold Inc | +0.1% | +89.08% | 加碼 |
| 42 | ADSK | Autodesk Inc | +0.1% | +46.75% | 加碼 |
| 43 | WPM | Wheaton Precious Metals CORP | +0.1% | +40.87% | 加碼 |
| 44 | GLW | Corning Inc | +0.1% | +102.07% | 加碼 |
| 45 | BSX | Boston Scientific CORP | +0.1% | +31.89% | 加碼 |
| 46 | AMT | American Tower CORP | +0.1% | +52.69% | 加碼 |
| 47 | NTRA | Natera Inc | +0.1% | +111.09% | 加碼 |
| 48 | NU | Nu Holdings Ltd. | +0.1% | +53.72% | 加碼 |
| 49 | MDT | Medtronic plc | +0.1% | +74.28% | 加碼 |
| 50 | HL | Hecla Mining Co | +0.1% | +86.75% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Arrowstreet Capital, Limited Partnership 在 Q4 2025 季度的美股持倉總市值約為 US$2253.7億，共申報了 1808 個公開持股部位。
在 Q4 2025 季度，Arrowstreet Capital, Limited Partnership 按市值排列的前三大核心持股分別為：MSFT (4.2%)、AMZN (3.3%)、NVDA (2.9%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.2% 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
TECK
市值: US$1.7億
本季最大獲利了結 / 清倉標的
ORCL
前期市值: US$13.1億
在 Q4 2025 季度中，Arrowstreet Capital, Limited Partnership 共進行了 200 項持倉異動，包含新建倉 6 個部位、加碼 130 個部位、減碼 49 個部位以及清倉 15 個部位。 其中最大新建倉標的為 TECK。 本季清倉部位包含 ORCL。
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。