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: 0000872259
申報總市值
US$216.8億
US$216.8億
326 檔
18.4%
在 Q3 2025 申報期間，Bahl & Gaynor LLC（CIK: 0000872259）向美國 SEC 提交的 Form 13F 報告顯示，其追蹤之股票投資組合總市值達 US$216.8億，共持有 326 個公開申報部位。
從 Q3 2025 申報觀察，Bahl & Gaynor LLC 採取防禦導向的調倉策略，本季減碼 110 檔個股並出清 13 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Bahl & Gaynor LLC 的前 5 大核心持股（包含 , MSFT, 等）合計佔整體申報市值的 18.4%，反映機構在主要關鍵部位上的權重分佈。
僅顯示前 200 大持股（共 326 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 | ✓ | 股票-其他 | 5.52% | — | -16.34% | ||
| 2 | MSFT | Microsoft CORP | 股票-科技 | 4.33% | -0.37% | -0.69% | |
| 3 | ✓ | 股票-其他 | 3.63% | — | -23.49% | ||
| 4 | ✓ | 股票-其他 | 3.15% | — | -2.81% | ||
| 5 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 3.13% | -0.22% | -3.02% | |
| 6 | LLY | Eli Lilly & Co | 股票-醫療保健 | 3.05% | +0.54% | -3.31% | |
| 7 | WMB | Williams Cos Inc | 股票-能源 | 2.60% | -0.20% | -3.07% | |
| 8 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.46% | -1.04% | +5.56% | |
| 9 | HD | Home Depot Inc | 股票-循環性消費 | 2.44% | -0.03% | -2.76% | |
| 10 | ✓ | 股票-其他 | 2.05% | — | -3.34% | ||
| 11 | MRSH | Marsh & Mclennan Cos | 股票-金融 | 1.85% | -0.19% | -4.49% | |
| 12 | MDLZ | Mondelez International Inc-a | 股票-非循環性消費 | 1.80% | -0.13% | -4.03% | |
| 13 | CVX | Chevron CORP | 股票-能源 | 1.75% | -0.62% | +1.03% | |
| 14 | ✓ | 股票-其他 | 1.65% | — | -2.86% | ||
| 15 | MCD | Mcdonald's CORP | 股票-循環性消費 | 1.57% | -0.46% | -3.39% | |
| 16 | SRE | Sempra | 股票-公用事業 | 1.56% | -0.36% | -3.18% | |
| 17 | ✓ | 股票-其他 | 1.54% | — | -4.54% | ||
| 18 | HIG | Hartford Insurance Group Inc | 股票-金融 | 1.52% | -0.58% | -1.90% | |
| 19 | PNC | Pnc Financial Services Group | 股票-金融 | 1.44% | +0.46% | -3.27% | |
| 20 | ✓ | 股票-其他 | 1.40% | — | -0.46% | ||
| 21 | ADP | Automatic Data Processing | 股票-科技 | 1.32% | -0.09% | -3.58% | |
| 22 | LMT | Lockheed Martin CORP | 股票-工業 | 1.29% | -0.79% | -2.87% | |
| 23 | TXN | Texas Instruments Inc | 股票-科技 | 1.20% | +0.18% | -17.97% | |
| 24 | ✓ | 股票-其他 | 1.17% | — | +0.50% | ||
| 25 | TSM | Taiwan Semiconductor-sp Adr | 股票-科技 | 1.14% | +0.79% | +47.98% | |
| 26 | PAYX | Paychex Inc | 股票-科技 | 1.10% | -0.15% | -3.21% | |
| 27 | ✓ | 股票-其他 | 1.03% | — | +26.80% | ||
| 28 | ✓ | 股票-其他 | 1.00% | — | +22.46% | ||
| 29 | APD | Air Products & Chemicals Inc | 股票-原物料 | 0.99% | -0.16% | -21.74% | |
| 30 | CINF | Cincinnati Financial CORP | 股票-金融 | 0.95% | +0.07% | +3.19% | |
| 31 | PEP | Pepsico Inc | 股票-非循環性消費 | 0.94% | -0.61% | -6.57% | |
| 32 | TJX | Tjx Companies Inc | 股票-循環性消費 | 0.94% | -0.01% | -1.69% | |
| 33 | ✓ | 股票-其他 | 0.94% | — | +26.56% | ||
| 34 | AAPL | Apple Inc | 股票-科技 | 0.89% | -0.09% | -5.66% | |
| 35 | MSI | Motorola Solutions Inc | 股票-科技 | 0.86% | -0.18% | -2.67% | |
| 36 | GLW | Corning Inc | 股票-科技 | 0.84% | +0.16% | -16.77% | |
| 37 | ✓ | 股票-其他 | 0.83% | — | +17.00% | ||
| 38 | ITW | Illinois Tool Works | 股票-工業 | 0.82% | -0.09% | -5.00% | |
| 39 | ✓ | 股票-其他 | 0.80% | — | -3.64% | ||
| 40 | ✓ | 股票-其他 | 0.80% | — | +5.98% | ||
| 41 | CTAS | Cintas CORP | 股票-工業 | 0.78% | +0.03% | -2.60% | |
| 42 | VICI | Vici Properties Inc | 股票-房地產 | 0.77% | -0.08% | +54.74% | |
| 43 | ✓ | 股票-其他 | 0.76% | — | -5.53% | ||
| 44 | ✓ | 股票-其他 | 0.74% | — | -4.43% | ||
| 45 | GD | General Dynamics CORP | 股票-工業 | 0.72% | -0.07% | +70.54% | |
| 46 | ✓ | 股票-其他 | 0.70% | — | -3.52% | ||
| 47 | ✓ | 股票-其他 | 0.66% | — | +62.00% | ||
| 48 | SNA | Snap-on Inc | 股票-工業 | 0.66% | +0.09% | +1.31% | |
| 49 | ✓ | 股票-其他 | 0.64% | — | -3.54% | ||
| 50 | USB | US Bancorp | 股票-金融 | 0.62% | +0.04% | -1.14% |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | ✓ | +1.8% | -16.34% | 減碼 | |
| 2 | MSFT | Microsoft CORP | +1.3% | -0.69% | 加碼 |
| 3 | ✓ | +0.9% | +26.56% | 加碼 | |
| 4 | TSM | Taiwan Semiconductor-sp Adr | +0.7% | +47.98% | 加碼 |
| 5 | JNJ | Johnson & Johnson | +0.6% | +5.56% | 加碼 |
| 6 | ✓ | +0.5% | -2.81% | 減碼 | |
| 7 | ✓ | +0.4% | +0.50% | 加碼 | |
| 8 | GD | General Dynamics CORP | +0.4% | +70.54% | 加碼 |
| 9 | ✓ | +0.3% | +22.46% | 加碼 | |
| 10 | RGA | Reinsurance Group Of America | +0.3% | +18.62% | 加碼 |
| 11 | ✓ | +0.3% | -4.43% | 減碼 | |
| 12 | ✓ | +0.3% | +10.55% | 加碼 | |
| 13 | VICI | Vici Properties Inc | +0.3% | +54.74% | 加碼 |
| 14 | GLW | Corning Inc | +0.2% | -16.77% | 減碼 |
| 15 | ✓ | +0.2% | +62.00% | 加碼 | |
| 16 | HUBB | Hubbell Inc | +0.2% | +1.94% | 加碼 |
| 17 | PM | Philip Morris International | +0.2% | +881.84% | 加碼 |
| 18 | GIL | Gildan Activewear Inc | +0.2% | +30.42% | 加碼 |
| 19 | HIG | Hartford Insurance Group Inc | +0.2% | -1.90% | 加碼 |
| 20 | ✓ | +0.2% | +17.00% | 加碼 | |
| 21 | ✓ | +0.2% | -3.52% | 加碼 | |
| 22 | ✓ | +0.2% | +6.46% | 減碼 | |
| 23 | ✓ | +0.2% | +58.03% | 加碼 | |
| 24 | ✓ | +0.1% | +46.35% | 加碼 | |
| 25 | LHX | L3harris Technologies Inc | +0.1% | +25.05% | 加碼 |
| 26 | WMT | Walmart Inc | +0.1% | +1.98% | 加碼 |
| 27 | TJX | Tjx Companies Inc | +0.1% | -1.69% | 減碼 |
| 28 | ✓ | +0.1% | -23.49% | 減碼 | |
| 29 | ✓ | +0.1% | +2.55% | 加碼 | |
| 30 | SRE | Sempra | +0.1% | -3.18% | 減碼 |
| 31 | ✓ | +0.1% | +1.16% | 加碼 | |
| 32 | R | Ryder System Inc | +0.1% | +2.94% | 加碼 |
| 33 | KLAC | Kla CORP | +0.1% | -1.52% | 減碼 |
| 34 | ✓ | +0.1% | — | 加碼 | |
| 35 | HD | Home Depot Inc | +0.1% | -2.76% | 減碼 |
| 36 | ✓ | +0.1% | +26.80% | 加碼 | |
| 37 | FAST | Fastenal Co | +0.1% | -3.62% | 加碼 |
| 38 | ✓ | +0.1% | +2.65% | 加碼 | |
| 39 | CINF | Cincinnati Financial CORP | +0.1% | +3.19% | 加碼 |
| 40 | ✓ | +0.1% | +5.98% | 加碼 | |
| 41 | SNA | Snap-on Inc | +0.1% | +1.31% | 加碼 |
| 42 | ✓ | +0.1% | +47.59% | 加碼 | |
| 43 | LNT | Alliant Energy CORP | +0.1% | +12.32% | 加碼 |
| 44 | ✓ | +0.1% | +2.68% | 加碼 | |
| 45 | LMT | Lockheed Martin CORP | +0.1% | -2.87% | 減碼 |
| 46 | PKG | Packaging CORP Of America | +0.1% | +1.87% | 加碼 |
| 47 | BAC | Bank Of America CORP | +0.1% | -0.37% | 減碼 |
| 48 | ✓ | 0% | -5.53% | 加碼 | |
| 49 | USB | US Bancorp | 0% | -1.14% | 減碼 |
| 50 | ADI | Analog Devices Inc | 0% | -2.67% | 減碼 |
根據 SEC 官方 Form 13F 申報備案，Bahl & Gaynor LLC 在 Q3 2025 季度的美股持倉總市值約為 US$216.8億，共申報了 326 個公開持股部位。
在 Q3 2025 季度，Bahl & Gaynor LLC 按市值排列的前三大核心持股分別為： (5.5%)、MSFT (4.3%)、 (3.6%)。其中最大持股部位 佔據整體投資組合約 5.5% 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
AVB
市值: US$1.1億
本季最大獲利了結 / 清倉標的
Insperity Inc
前期市值: US$1403.6萬
在 Q3 2025 季度中，Bahl & Gaynor LLC 共進行了 198 項持倉異動，包含新建倉 7 個部位、加碼 68 個部位、減碼 110 個部位以及清倉 13 個部位。 其中最大新建倉標的為 AVB。 本季清倉部位包含 Insperity Inc。
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。