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: 0001942364
申報總市值
US$29.6億
US$29.6億
307 檔
17.2%
截至 Q4 2025 季度末，Azimuth Capital Investment Management LLC 的美股持倉估值約為 US$29.6億，全數申報部位共有 307 檔。
在 Q4 2025，Azimuth Capital Investment Management LLC 展現出較為審慎的避險與獲利了結姿態。本季共減碼 105 個部位並完全清倉 10 檔持股，調降曝險的部位數量高於加碼動作。
檢視投資組合結構，前 5 大主力部位（包含 MSFT, AAPL, ）占據了總市值的 17.2%，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 307 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 | 4.44% | -0.57% | +0.58% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 4.06% | +0.03% | +5.42% | |
| 3 | ✓ | 股票-其他 | 3.85% | — | +1.21% | ||
| 4 | ✓ | 股票-其他 | 3.10% | — | -1.64% | ||
| 5 | ✓ | 股票-其他 | 2.88% | — | -1.94% | ||
| 6 | LLY | Eli Lilly & Co | 股票-醫療保健 | 2.46% | +0.18% | -1.81% | |
| 7 | WFC | Wells Fargo & Co | 股票-金融 | 1.75% | -0.46% | -1.81% | |
| 8 | BAC | Bank Of America CORP | 股票-金融 | 1.58% | +0.02% | -0.11% | |
| 9 | BNY | Bank Of New York Mellon CORP | 股票-金融 | 1.54% | +0.04% | -7.44% | |
| 10 | ✓ | 股票-其他 | 1.47% | — | -0.95% | ||
| 11 | MPWR | Monolithic Power Systems Inc | 股票-科技 | 1.18% | -0.12% | +7.92% | |
| 12 | ✓ | 股票-其他 | 1.15% | — | -2.33% | ||
| 13 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.13% | +0.22% | +17.30% | |
| 14 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.04% | -0.43% | -1.61% | |
| 15 | AMD | Advanced Micro Devices | 股票-科技 | 1.01% | +1.23% | +13.19% | |
| 16 | BA | Boeing Co/the | 股票-工業 | 1.00% | -0.04% | +0.34% | |
| 17 | HSY | Hershey Co/the | 股票-非循環性消費 | 0.96% | -0.36% | +555.04% | |
| 18 | ✓ | 股票-其他 | 0.94% | — | -0.23% | ||
| 19 | HEI | Heico CORP | 股票-工業 | 0.94% | +0.06% | -0.99% | |
| 20 | ✓ | 股票-其他 | 0.93% | — | -11.50% | ||
| 21 | WMT | Walmart Inc | 股票-非循環性消費 | 0.92% | -0.20% | -4.24% | |
| 22 | ✓ | 股票-其他 | 0.87% | — | -0.53% | ||
| 23 | APH | Amphenol Corp-cl A | 股票-科技 | 0.86% | +0.13% | -2.49% | |
| 24 | ✓ | 股票-其他 | 0.86% | — | -1.16% | ||
| 25 | ✓ | 股票-其他 | 0.85% | — | -21.88% | ||
| 26 | ✓ | 股票-其他 | 0.83% | — | -8.08% | ||
| 27 | EUFN | Ishares Msci Europe Financia | ETF-其他 | 0.79% | -0.01% | +0.71% | |
| 28 | ✓ | 股票-其他 | 0.77% | — | -0.43% | ||
| 29 | IBM | Intl Business Machines CORP | 股票-科技 | 0.76% | +0.01% | -7.78% | |
| 30 | ✓ | 股票-其他 | 0.75% | — | -2.84% | ||
| 31 | ✓ | 股票-其他 | 0.74% | — | -0.97% | ||
| 32 | ADSK | Autodesk Inc | 股票-科技 | 0.74% | -0.59% | EXIT | |
| 33 | ✓ | 股票-其他 | 0.73% | — | -12.61% | ||
| 34 | ✓ | 股票-其他 | 0.72% | — | — | ||
| 35 | SYK | Stryker CORP | 股票-醫療保健 | 0.69% | -0.07% | -42.03% | |
| 36 | CASY | Casey's General Stores Inc | 股票-循環性消費 | 0.69% | -0.04% | -1.67% | |
| 37 | JNJ | Johnson & Johnson | 股票-醫療保健 | 0.68% | -0.09% | -1.38% | |
| 38 | ✓ | 股票-其他 | 0.64% | — | -5.90% | ||
| 39 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 0.63% | +0.15% | -1.14% | |
| 40 | ✓ | 股票-其他 | 0.63% | — | — | ||
| 41 | FAST | Fastenal Co | 股票-工業 | 0.63% | -0.06% | +0.31% | |
| 42 | ✓ | 股票-其他 | 0.62% | — | +73.01% | ||
| 43 | GD | General Dynamics CORP | 股票-工業 | 0.62% | -0.06% | -0.33% | |
| 44 | EEM | Ishares Msci Emerging Market | ETF-新興市場 | 0.61% | +0.05% | +23.87% | |
| 45 | MRVL | Marvell Technology Inc | 股票-科技 | 0.59% | +0.41% | +20.02% | |
| 46 | ✓ | 股票-其他 | 0.58% | — | -6.58% | ||
| 47 | RSG | Republic Services Inc | 股票-工業 | 0.57% | -0.13% | -5.50% | |
| 48 | CVX | Chevron CORP | 股票-能源 | 0.57% | -0.34% | +4.13% | |
| 49 | ✓ | 股票-其他 | 0.57% | — | -1.13% | ||
| 50 | ✓ | 股票-其他 | 0.56% | — | +376.24% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | HSY | Hershey Co/the | +0.8% | +555.04% | 加碼 |
| 2 | LLY | Eli Lilly & Co | +0.7% | -1.81% | 減碼 |
| 3 | ✓ | +0.6% | -1.94% | 減碼 | |
| 4 | AAPL | Apple Inc | +0.5% | +5.42% | 加碼 |
| 5 | AMD | Advanced Micro Devices | +0.3% | +13.19% | 加碼 |
| 6 | ✓ | +0.3% | +73.01% | 加碼 | |
| 7 | ✓ | +0.3% | +111.74% | 加碼 | |
| 8 | AMZN | Amazon.com Inc | +0.2% | +17.30% | 加碼 |
| 9 | WFC | Wells Fargo & Co | +0.2% | -1.81% | 減碼 |
| 10 | CVS | Cvs Health CORP | +0.1% | +1734.44% | 加碼 |
| 11 | EEM | Ishares Msci Emerging Market | +0.1% | +23.87% | 加碼 |
| 12 | VOO | Vanguard S&p 500 ETF | +0.1% | +312.44% | 加碼 |
| 13 | BBY | Best Buy Co Inc | +0.1% | +124.96% | 加碼 |
| 14 | MRVL | Marvell Technology Inc | +0.1% | +20.02% | 加碼 |
| 15 | ✓ | +0.1% | -5.90% | 減碼 | |
| 16 | ✓ | +0.1% | -1.21% | 減碼 | |
| 17 | BAC | Bank Of America CORP | +0.1% | -0.11% | 減碼 |
| 18 | ✓ | +0.1% | -1.64% | 減碼 | |
| 19 | TEAM | Atlassian Corp-cl A | +0.1% | +32.11% | 加碼 |
| 20 | C | Citigroup Inc | +0.1% | +1.42% | 加碼 |
| 21 | ✓ | +0.1% | +7.19% | 加碼 | |
| 22 | MPWR | Monolithic Power Systems Inc | +0.1% | +7.92% | 加碼 |
| 23 | EUFN | Ishares Msci Europe Financia | +0.1% | +0.71% | 加碼 |
| 24 | JNJ | Johnson & Johnson | +0.1% | -1.38% | 減碼 |
| 25 | ROST | Ross Stores Inc | +0.1% | -2.53% | 減碼 |
| 26 | BMY | Bristol-myers Squibb Co | +0.1% | +11.79% | 加碼 |
| 27 | ✓ | +0.1% | -0.23% | 減碼 | |
| 28 | SLB | Slb LTD | +0.1% | +3.49% | 加碼 |
| 29 | ✓ | +0.1% | +1.45% | 加碼 | |
| 30 | APH | Amphenol Corp-cl A | +0.1% | -2.49% | 減碼 |
| 31 | ✓ | +0.1% | -12.61% | 減碼 | |
| 32 | ✓ | +0.1% | -1.13% | 減碼 | |
| 33 | ✓ | +0.1% | +45.50% | 加碼 | |
| 34 | GILD | Gilead Sciences Inc | +0.1% | +0.79% | 加碼 |
| 35 | TSM | Taiwan Semiconductor-sp Adr | 0% | -1.14% | 減碼 |
| 36 | ✓ | 0% | +1.21% | 加碼 | |
| 37 | ✓ | 0% | -0.99% | 減碼 | |
| 38 | ✓ | 0% | -0.43% | 減碼 | |
| 39 | ✓ | 0% | -0.92% | 減碼 | |
| 40 | ✓ | 0% | +2.64% | 加碼 | |
| 41 | BND | Vanguard Total Bond Market | 0% | +10.51% | 加碼 |
| 42 | PNC | Pnc Financial Services Group | 0% | +4.10% | 加碼 |
| 43 | VTI | Vanguard Total Stock Mkt ETF | 0% | +5.07% | 加碼 |
| 44 | CAT | Caterpillar Inc | 0% | -1.21% | 減碼 |
| 45 | WMT | Walmart Inc | 0% | -4.24% | 減碼 |
| 46 | ✓ | 0% | +1.59% | 加碼 | |
| 47 | ✓ | 0% | +1.89% | 加碼 | |
| 48 | ✓ | 0% | -0.95% | 減碼 | |
| 49 | AMGN | Amgen Inc | 0% | -3.04% | 減碼 |
| 50 | ✓ | 0% | +2.60% | 加碼 |
根據 SEC 官方 Form 13F 申報備案，Azimuth Capital Investment Management LLC 在 Q4 2025 季度的美股持倉總市值約為 US$29.6億，共申報了 307 個公開持股部位。
在 Q4 2025 季度，Azimuth Capital Investment Management LLC 按市值排列的前三大核心持股分別為：MSFT (4.4%)、AAPL (4.1%)、 (3.9%)。其中最大持股部位 MSFT 佔據整體投資組合約 4.4% 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
市值: US$1996.5萬
本季最大獲利了結 / 清倉標的
MRSH
前期市值: US$1109.1萬
在 Q4 2025 季度中，Azimuth Capital Investment Management LLC 共進行了 196 項持倉異動，包含新建倉 19 個部位、加碼 62 個部位、減碼 105 個部位以及清倉 10 個部位。 其中最大新建倉標的為 。 本季清倉部位包含 MRSH。
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。